Crypto signal channels are available both as free channel and paid channel. Almost 50 free crypto signals rated as top in various websites, but these top rated channels are not legitimate one because chances are more for availability of pump and dump channels which leads to loss for traders.
Pump and Dump Channels:
Financial markets always move in a random way and predicting those factors in a right way will help traders to survive in their market. This randomness quality of market is misleaded by attentive group called pump and dump channels. Pump and dump channels make the traders to loss most of their funds that they spent in financial market. These groups will use a replicable technique to attract the customers like promising a quick income by selling insider information and finally enter to the partnership with customers to increase them.
Crypto signal channels classification:
Cryptocurrency channels are broadly classified into two major categories such as
1.Short Term Channels
2.Mid and Long term Channels
For example Wolf of signals , Cryptomadmap , Cryptospain are some short-term investment channels. I’m crypto addicted is mid and long-term investment channel. But now recommended signals for exchanges are Bittrex, Binance, Kucoin.
It is one of the fastest growing cryptocurrency exchange which is not beginner friendly but provides good customer support effectively with low fees. It offers a cryptocurrency trading pairs in Bitcoin, Ethereum, and USDT. But it does not offers USD, GBP, EUR which are fiat trading pairs.
Trading fee is 0.2% per trade. It does not have a mobile app feature. This usually have a high turnover cryptocurrencies which results in allowing some pump and dump groups inside bittrex.
It supports specially Chinese and English users. It is capable of processing 1.4 millions order per second because of its multi-language support. The various languages it supports are Chinese, English, Japanese and Korean. It offers a cryptocurrency trading pairs in BTC, ETH, LTC and BNB etc. Trading fee is 0.1%.
Kucoin provides users with a mobile app available for iOS and Android. It is a multi-cryptocurrency exchange with Service Centers based in China. Kucoin offers trading pairs such as BTC/BCH, BTC/DASH, BTC/NEO, BTC/ETH, BTC/RDN, BTC/LTC, BTC/CVC, BTC/KCS, BTC/RPX, etc.
Some of the similar exchanges are Poloniex, Kraken, Bitfinex, Bitstamp, HitBTC, Cryptopia, WavesDEX, Bithumb, Unocoin etc.