Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,391
Thanks Received: 10,208
Maybe I wrong but my understanding is that when you 'trade' (as opposed to actually exchange) cryptocurrencies on any exchange, nothing is in your wallet. The exchange credits your account but not your wallet with the currency. For it to actually appear in your wallet you need to withdraw it (or whatever it is called) and pay the excessively high fee to do that. This is one of the reasons I have stayed away, especially after Mt. Gox, Bitfinex and I assume other exchange issues, where currency is not in your wallet.
IMO it's not worth trading because the spread is just criminal.
I wanted to sell my ethers when they were trading around 300. I could sell them for 280 and could buy more for 320.
So even though the volatility is appealing, the spread is insane and therefore not worth trading.
I think you're better off with a buy & hold strategy.
My 2 cts
Anyway, back to your question: I'm not aware of any charting platforms or datafeed.
It's a decent platform, but it is a tad buggy, and not the best platform.
If you're used to things like NT, which work VERY well, Coinigy is not that good. BUt it is good enough, particularly for swing/position trading, which is all I do.
You can connect MOST exchanges to it, and trade them all through that platform.
So... as far as current cypto options out there, it is far and away the best one I've seen.
I've been trading the crypto's quite a bit more over the last few months as they tend to move more over the weekends when the traditional markets are closed.
Opened up a kraken.com account and while it's not an ideal exchange (IMO) they have way more crypto / currency pairs than coinbase does and their fees seem reasonable.
You miss 100% of the shots you don't take. - Wayne Gretsky
The space has certainly grown since 2017. Alot of institutional involvement and CME have just announced Ethereum Futures. Definitely a quirky market as it's 24/7. Big moves can happen over the weekend. There is no true RTH session like Futures/Equities etc. But alot of the volatility/movement can happen in EURO/USA hours. Really keen to hear from more Crypto guys on this forum.