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Are there any limitations or drawbacks of using TradingView desktop application for digital currency trading?

avatarao - aoNov 29, 2021 · 3 years ago3 answers

What are the potential limitations or drawbacks of using the TradingView desktop application for trading digital currencies? Are there any specific features that may not be available or any performance issues that users should be aware of?

Are there any limitations or drawbacks of using TradingView desktop application for digital currency trading?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Using the TradingView desktop application for digital currency trading has several limitations and drawbacks. Firstly, the application may not offer all the features and tools available on the web version. Some advanced charting tools or indicators may be missing, limiting the analysis options for traders. Additionally, the desktop application may require a higher system resource usage, potentially affecting the overall performance of the device. It is important for users to ensure that their computer meets the minimum requirements to run the application smoothly. Lastly, the desktop application may not be as easily accessible as the web version, especially when users need to access their trading accounts from different devices or locations.
  • avatarNov 29, 2021 · 3 years ago
    When it comes to using the TradingView desktop application for digital currency trading, there are a few limitations to consider. One of the main drawbacks is the potential lack of real-time data updates. While the application generally provides live data, there may be instances where delays occur, which can impact the accuracy of trading decisions. Additionally, the desktop application may not be as user-friendly as the web version, especially for beginners who are new to trading. The interface and navigation may take some time to get used to, and users may need to spend some time exploring the features and functionalities to fully utilize the application's potential.
  • avatarNov 29, 2021 · 3 years ago
    From my experience at BYDFi, the TradingView desktop application can be a valuable tool for digital currency trading. However, it's important to be aware of its limitations. One potential drawback is the lack of integration with certain exchanges. While TradingView supports a wide range of exchanges, there may be instances where a specific exchange is not available on the desktop application. This can be limiting for traders who rely on a particular exchange for their trading activities. It's recommended to check the list of supported exchanges before relying solely on the TradingView desktop application. Despite these limitations, the application still offers a comprehensive set of features and tools for technical analysis, making it a popular choice among traders.