Top 6 Crypto Exchanges For Day Trading and Scalping for 2024 (2024)

FAQs

Which exchange is best for scalping? ›

Binance. Binance ranks highly among the best crypto scalping platforms. Founded in 2017 by Changpeng Zhao (CZ), the exchange has established itself as a leading and reputable platform for trading a diverse spectrum of cryptocurrencies. For scalping, a swift and dependable trading platform is essential.

The best markets to scalp are those with the most volatility and narrow trading ranges. The most common markets to scalp are the Indices (e-Mini SP, e-Mini Nasdaq, e-Mini Russell and e-Mini Dow) for the reasons listed above and the point values that make taking one to five-point profits on a scalp beneficial.

A one-minute scalping strategy is a great technique for beginners to implement. It involves opening a position, gaining some pips, and then closing the position shortly afterwards. It's widely regarded by professional traders as one of the best trading strategies, and it's also one of the easiest to master.

Popular Crypto Day Trading Strategies

Here are several options to consider: Scalping: Scalping is buying and selling quickly — in minutes — to earn little from a large trading volume. Arbitrage: Smartly benefiting from the price differences of the same cryptocurrency on several exchanges is known as arbitrage.

The EMA indicator is regarded as one of the best indicators for scalping since it responds more quickly to recent price changes than to older price changes. Traders use this technical indicator for obtaining buying and selling signals that stem from crossovers and divergences of the historical averages.

What is the best chart for day trading crypto? ›

TradingView is the market leader when it comes to crypto charts and one of the best crypto charting tools for both traders and investors thanks to a comprehensive and user-friendly platform.

When considering scalping in the crypto market, pairs like BTC/USDT (Bitcoin) and ETH/USDT (Ethereum) are popular due to their high liquidity and volatility, which provide more frequent scalping opportunities. Check CScalp's free crypto screener to find other best pairs for scalping.

“1-minute scalping” is a specific approach within the broader scalping strategy used in day trading. As the name suggests, 1-minute scalping involves using 1-minute time frame charts to make trading decisions and execute trades. This method is highly focused on short-term movements.

The optimal Forex trading pairs for scalping and securing modest profits are typically the major currency pairs such as EUR/USD, USD/JPY, GBP/USD, and AUD/USD. These pairs tend to have high liquidity and low spreads, making them ideal for short-term trading strategies like scalping.

Analyzing the Zero Account for Scalping

The Zero Account is the best choice for scalping among the Exness account types. With spreads as low as 0.0 pips and a commission-based structure, it provides the most favorable trading conditions for high-frequency trading.