Mobile and Desktop Trading
Binance's trading platforms are available on web, desktop, and mobile devices. Despite the high ratings for their iOS and Android apps, their intricate features can become overwhelming for beginners. Similarly, BitMEX also provides a complex user interface with detailed tools and indicators, available on both desktop and mobile platforms. While their advanced features might pose a challenge for novices, they can be highly useful for professional traders.
Binance has a rating of 4.6 stars on the Apple App Store with 22,000 ratings. On Google Play, it has 4.5 stars with 271,000 ratings.
Binance’s app allows its users to switch between the Lite and Pro interfaces making it suitable for both beginners and experienced traders.
Binance’s app interface also closely resembles its desktop counterpart, though, at first glance, it does not seem as user-friendly and intuitive as Coinbase. Binance offers its users multiple ways to purchase crypto depending on the type of trade you want. On its desktop platform, you can select “Convert” for a quick debit or credit purchase, or “Classic” or “Advanced” for more trading types.
Binance Lite App for beginner users
Binance App for advanced users
BitMEX’s exchange is confusing, but that’s because it is aimed at experienced traders who understand perpetual and futures contracts trading. BitMEX has a more outdated interface than Kucoin, making it seem clunky and old. However, the lighter colour scheme makes it easier to see the different menus and tabs.
There is a tab for each cryptocurrency market available, which makes it somewhat easy to navigate, view charts and order books.
To start trading contracts, you will need to sign up but you only need to provide an email address to do so. Once you have deposited your Bitcoin or USDT, you can use that to trade for the other cryptocurrencies available.
Leverage is one of the main features of BitMEX and the platform offers a handy leverage slider that can be adjusted to your risk when you trade.
BitMEX is only available as a desktop platform.
Bitmex desktop app