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Which cryptocurrency exchanges in Australia are recommended for day trading?

avatarLianDec 16, 2021 · 3 years ago3 answers

I am looking for recommendations on cryptocurrency exchanges in Australia that are suitable for day trading. Can you suggest any exchanges that offer a good trading experience, low fees, and a wide range of cryptocurrencies to trade? I am particularly interested in exchanges that have a user-friendly interface and provide advanced trading tools for day traders. Thank you!

Which cryptocurrency exchanges in Australia are recommended for day trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When it comes to day trading cryptocurrencies in Australia, there are several exchanges that are worth considering. One popular option is Independent Reserve, which offers a user-friendly interface and a wide range of cryptocurrencies to trade. They also have competitive fees and provide advanced trading tools for day traders. Another recommended exchange is CoinSpot, which has a large selection of cryptocurrencies and offers a simple and intuitive trading platform. Both exchanges have a good reputation and are trusted by many traders in Australia.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more advanced trading experience, you might want to consider using Binance. Although Binance is not based in Australia, it is one of the largest and most reputable cryptocurrency exchanges in the world. They offer a wide range of cryptocurrencies to trade and have advanced trading features such as margin trading and futures trading. However, it's worth noting that Binance charges higher fees compared to some other exchanges.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is another cryptocurrency exchange that is recommended for day trading. They offer a user-friendly interface, low fees, and a wide range of cryptocurrencies to trade. BYDFi also provides advanced trading tools such as stop-loss orders and trailing stop orders, which can be useful for day traders. Additionally, they have a responsive customer support team that can assist you with any trading-related questions or issues. Overall, BYDFi is a reliable exchange for day trading cryptocurrencies in Australia.