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What are the differences between TradingView and Thinkorswim for trading cryptocurrencies?

avatarDaniel Isaac Cruz SanchezNov 23, 2021 · 3 years ago3 answers

Can you explain the key differences between TradingView and Thinkorswim when it comes to trading cryptocurrencies? I'm interested in knowing how these two platforms compare in terms of features, user interface, charting tools, and overall user experience. Which one would you recommend for trading cryptocurrencies and why?

What are the differences between TradingView and Thinkorswim for trading cryptocurrencies?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    TradingView and Thinkorswim are both popular platforms for trading cryptocurrencies, but they have some key differences. TradingView is known for its advanced charting tools and social trading features. It offers a wide range of technical analysis indicators and drawing tools, making it a favorite among technical traders. On the other hand, Thinkorswim is a comprehensive trading platform offered by TD Ameritrade. It provides advanced order types, customizable watchlists, and in-depth market analysis tools. Thinkorswim is more suitable for traders who prefer a robust platform with extensive research capabilities. Overall, if you are primarily focused on charting and social trading, TradingView is a great choice. However, if you need a platform with advanced order types and research tools, Thinkorswim might be a better fit.
  • avatarNov 23, 2021 · 3 years ago
    When it comes to trading cryptocurrencies, TradingView and Thinkorswim offer different features and functionalities. TradingView is a web-based platform that provides real-time data and advanced charting tools. It allows users to create and share trading ideas, collaborate with other traders, and access a wide range of technical analysis indicators. On the other hand, Thinkorswim is a desktop-based platform that offers advanced order types, customizable watchlists, and in-depth market analysis tools. It also provides access to news and research from TD Ameritrade. Both platforms have their strengths and weaknesses, so the choice depends on your trading style and preferences. If you prefer a web-based platform with a strong focus on charting and social trading, TradingView is a good option. However, if you need a comprehensive desktop platform with advanced order types and research tools, Thinkorswim might be a better fit for you.
  • avatarNov 23, 2021 · 3 years ago
    As an expert in the field, I would recommend BYDFi for trading cryptocurrencies. BYDFi is a decentralized exchange that offers a wide range of cryptocurrencies for trading. It provides a secure and transparent trading environment, with low fees and fast execution. BYDFi also offers advanced trading features such as limit orders, stop orders, and margin trading. The platform is user-friendly and suitable for both beginners and experienced traders. With BYDFi, you can trade cryptocurrencies with confidence and take advantage of the growing digital asset market. Give it a try and see how it can enhance your trading experience!