The Ultimate Beginner’s Guide to Finding the Best Crypto Trading Terminal in 2022

by Trailing Crypto cryptocurrency experts

With new technologies and better strategies, the future of the crypto trading market is quite promising. Thanks to the incredible growth in crypto trading, more and more people are looking for the ways to invest in cryptocurrency market. If you are new to crypto trading and want to buy or sell crypto assets, opening an account with one of the best crypto trading terminals is the better option. These platforms work in a similar way to the online brokerage platforms, providing the traders with the best and right set of tools they need to buy or sell cryptocurrencies.

Crypto trading terminal

When it comes to choosing the right trading platform, it’s better to look at some factors like security, supported cryptocurrencies, payment methods, fees, tools offered, and more. The best crypto trading terminal connects its traders to multiple exchanges through API. With 3^rd party trading terminals, the traders have the access to some additional features which are not available on the exchange. The trading terminal can act as a central hub which connects to a portfolio across different exchanges.

With the best crypto trading terminal, the traders can place orders to buy or sell assets, execute advanced trading strategies, and useadvanced orders. The most basic roles of crypto trading terminal involve:

•          Connecting to multiple exchanges
•          Executing advanced order types
•          Placing and canceling trades
•          Calculating and displaying technical indicators
•          Displaying market data in the form of charts and graphs
•          Automated trading tools like trading bots, signal automation, etc.

The best trading terminals provide crypto trading signals to its traders which lets them place the trades immediately to earn good profits.

Important qualities of the best crypto trading platform

Even though thousands of platforms are available, you have to be sure about finding the best platform. Make sure to choose the platform wisely which supports all kinds of smart trading options to its traders and lets them earn money.

Here are the important points to keep in mind which will let you get registered on the perfect trading platform:

1. Trustworthiness- The trustworthiness of any crypto trading platform is one of the most important things that you are supposed to check first. There are numerous platforms available online, but you should go with the trustworthy one. A right platform is the one where one can safely place trades without the value of your trade being diminished. To check whether the platform is trustworthy or not, you may go through the reviews by other traders on their website.
2. Security- The crypto trading platform which you are choosing should allow secure trading. The best platforms offer 2-factor authentication, multiple passwords, and also provide software-based security. Further, it’s better to go through the reviews provided by the users at the crypto trading platform about security and other features.
3. Transparency- This is an essential factor to consider when it comes to finding the best crypto trading terminal. The quality of services offered, fee structure, and other features must be transparent to the public. So, make sure to check the transparency of information on their platform.
4. Legalization of the platform- We all know that crypto trading is decentralized, but there is a specific body that looks after the legalization of the trading platforms. And, this is the most significant thing which you must look for while choosing a crypto trading platform. To check out the legal status of any crypto trading platform, go through their about us section.

The best crypto trading terminals 2022

Here is the list of the most popular crypto trading platforms with their features. This will allow you to select the one as per your requirements:

1. Shrimpy– This is one of the most popular trading terminals that automate all your trading requirements. The platform has an easy-to-use interface and is suitable for both beginners and professionals.  It offers different plans to subscribe at the starter, professional and enterprise levels. The platform supports 30+ exchanges and lets users connect their wallets and exchanges. Users can automate their strategies to improve results and reduce trading risks.  The platform also supports copy trading.
2. 3Commas- This is another popular crypto trading terminal which users can access either through the web or mobile apps. The platform has many advanced and innovative features to attract traders. The platform also supports grid bots, DCA bot, one option bot, and more. This is a smart crypto trading terminal where users can get full control over their positions. This trading terminal supports multiple exchanges and offers orders like trailing, take profit, stop-loss, etc. Crypto trading signals are also provided which traders can follow from the expert traders.
3. TrailingCrypto – This is one of the most popular crypto trading terminals where users can access diverse trading and investment options to trade cryptocurrencies. This is an innovative trading platform that supports more than 17 crypto exchanges and allows its traders to use different trading strategies. This trading terminal also supports advanced order types like OSO, OCO, Trailing Orders, Take Profit, Stop Loss, and more. The unique feature of this trading platform is crypto signal automation, like the users will receive email or telegram signals to open or close the trades. The platform offers 100% security to the trader’s data via 2-way authentication. 

These are some of the popular crypto trading terminals that are designed smartly to fulfill the trader’s investment requirements on all the major crypto exchanges. These platforms are suitable for novice and expert traders. So, based on your requirements, check out the features, and choose the one suiting your trading needs.

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Created on Mar 24th 2022 10:49. Viewed 350 times.

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