This Bitcoin trading platform is as newbie-friendly as it comes

Photo: Pexels / Soumil Kumar
Photo: Pexels / Soumil Kumar
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Bitcoin buds (including aspiring Bitcoiners), if you’ve been looking for a way to make Bitcoin trading less of a headache, you may want to look into the following. BitiCodes is a user-friendly Bitcoin trading platform whose whole point is to make Bitcoin trading an easier and more efficient experience.

We all know how volatile the cryptocurrency market can be, not to mention the fact that it’s open 24 hours a day, 7 days a week, making it near-impossible to always stay on top of everything. But BitiCodes was specifically designed to facilitate time-consuming tasks like scanning and monitoring the crypto market.

It’s also an ideal option for people who are new to Bitcoin and might need a little bit of hand-holding to get started. For instance, you’ll be connected with a broker who can help you find trades that cater to your specific goals. All you need to do is share your preferences and limitations, and your broker will keep an eye out and let you know about trading opportunities that match what you’re looking for! Another great BitiCodes feature is the “Demo” account that lets you use fake money to make fake trades before you jump into the real thing. Beginners can get used to the market and find out what works (and what doesn’t) — basically, it’s like starting out with training wheels.

Sounds great! How do I sign up for BitiCodes?

Ready to test the BitiCodes waters? First, fill out their registration form at the BitiCodes website with all your usual basic information. You’ll then receive a confirmation email, and once you click on the link provided, welcome to BitiCodes! You’ll be connected with your broker’s website and have access to the BitiCodes platform.

BitiCodes requires a minimum deposit of $250 (you can’t start trading without funds!). To link your BitiCodes to your exchange account, you’ll need to create and enter your API key (make sure that your key is allowed to read information and, if needed, make trades on your behalf). 

Once all that’s done, start playing around! Read up on the market and various trading strategies, and use the platform-provide information on trends and fluctuations. Try your hand at a few trades using the “demo” feature. Make sure to also share your parameters and limitations with your broker so that they can notify you when something that matches your criteria pops up.

When you feel like you’re ready to start trading for real, you can choose from numerous Bitcoin trading pairs across multiple crypto exchange platforms. Keep on analyzing and monitoring the market, and remember to start slow and responsibly!

Note, Coconuts Media is not a financial services company and does not provide financial advice. This article is part of a paid partnership with BitiCodes and is for educational purposes only. 

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