Bitcoin Forum

Economy => Economics => Topic started by: cptdome1 on November 04, 2015, 05:41:25 PM



Title: Best BTC Trading Exchange
Post by: cptdome1 on November 04, 2015, 05:41:25 PM
What do you guys recommend?  I see Kraken looks interesting.  Anything else?


Title: Re: Best BTC Trading Exchange
Post by: Amph on November 04, 2015, 05:44:51 PM
kraken is good because it has no id, there is also poloniex without id up to 2k

or you can try https://www.itbit.com/


Title: Re: Best BTC Trading Exchange
Post by: omahapoker on November 04, 2015, 05:48:04 PM
But Kraken is the only who is having a few problems in the last few days (ddos attack they say)...



Title: Re: Best BTC Trading Exchange
Post by: FruitsBasket on November 04, 2015, 05:59:18 PM
The sites I recommend are:
Poloniex = big exchange, chat is not very helpful
Yobit = smalller exchange, very awesome people and helpful




Title: Re: Best BTC Trading Exchange
Post by: Snorek on November 04, 2015, 06:02:01 PM
What do you guys recommend?  I see Kraken looks interesting.  Anything else?
You question is too vague. You need to specify what you ask for:

1. Currency of the exchange: USD, Euro, Yuan.
2. Location of the exchange.
3. Transparency, security and stability of the exchange.
4. Are you find with knowing that exchange has access to your full IDs?


Title: Re: Best BTC Trading Exchange
Post by: cptdome1 on November 04, 2015, 06:26:31 PM
Sorry to clarify a little more.  I just would like to trade BTC for USD/EUR etc. and then back to BTC.  Basically just day trading btc.  Not trying to turn btc in fiat.  I am looking for a an exchange with high volumes, and a low bid/ask.



Title: Re: Best BTC Trading Exchange
Post by: Mickeyb on November 04, 2015, 06:58:38 PM
It depends where are you from OP. If you are from Europe, then go with Kraken. Yes, they had few accessibility problems in the last few days but there is no exchange that doesn't face such problems. Kraken makes verification easy even for modest amounts and SEPA withdrawals and funding is cheap and effective.

If you are not from Europe than let us know where are you from and we will be able to give you a more precise instructions.


Title: Re: Best BTC Trading Exchange
Post by: Bisha on November 04, 2015, 07:38:01 PM
Decentralized exchanges, remember to keep your coins safe! Only problem is liquidity at the moment.


Title: Re: Best BTC Trading Exchange
Post by: pedrog on November 04, 2015, 08:18:13 PM
Bitstamp is very good, amongst the best you can find.


Title: Re: Best BTC Trading Exchange
Post by: cptdome1 on November 04, 2015, 08:37:51 PM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.


Title: Re: Best BTC Trading Exchange
Post by: richardsNY on November 04, 2015, 08:43:10 PM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


Title: Re: Best BTC Trading Exchange
Post by: cptdome1 on November 04, 2015, 08:44:16 PM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD


Title: Re: Best BTC Trading Exchange
Post by: gentlemand on November 04, 2015, 09:17:26 PM

even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

If you only deposit and withdraw coins you can also use Bitfinex without being verified. That's a big player and it has leverage too if you're feeling bold.


Title: Re: Best BTC Trading Exchange
Post by: pedrog on November 04, 2015, 09:23:44 PM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

Check out BTC-e, they are very relaxed when it comes to ID.


Title: Re: Best BTC Trading Exchange
Post by: cptdome1 on November 04, 2015, 10:03:22 PM

even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

If you only deposit and withdraw coins you can also use Bitfinex without being verified. That's a big player and it has leverage too if you're feeling bold.

cool thanks!


Title: Re: Best BTC Trading Exchange
Post by: Snorek on November 05, 2015, 01:03:42 AM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

Check out BTC-e, they are very relaxed when it comes to ID.
Do you know any exchange similar to BTC-e which operates with GBP?
I am sick and tired. I tried register on every single one of English exchange markets just to see info that I need to send them picture of myself with ID in my hand.


Title: Re: Best BTC Trading Exchange
Post by: bitcoinmar on November 05, 2015, 01:07:54 AM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

Check out BTC-e, they are very relaxed when it comes to ID.
Do you know any exchange similar to BTC-e which operates with GBP?
I am sick and tired. I tried register on every single one of English exchange markets just to see info that I need to send them picture of myself with ID in my hand.
You can try this exchange I just check looks like very good https://www.coinimal.com/


Title: Re: Best BTC Trading Exchange
Post by: gentlemand on November 05, 2015, 01:14:00 AM

Do you know any exchange similar to BTC-e which operates with GBP?
I am sick and tired. I tried register on every single one of English exchange markets just to see info that I need to send them picture of myself with ID in my hand.

BTC-e is unique. There's no other major exchange with fiat markets that doesn't give a shit about ID. It did have a GBP market for a while but it would've taken so long to get money on there you might as well have done a foreign transfer anyway.

There ain't many UK exchanges because none of them have UK banking. You'd be hard pressed to find anywhere British based that won't have ID demands up the jacksy anyway. Even localbitcoins sellers all seem to want ID these days.


Title: Re: Best BTC Trading Exchange
Post by: zimmah on November 05, 2015, 02:45:41 AM
It depends where are you from OP. If you are from Europe, then go with Kraken. Yes, they had few accessibility problems in the last few days but there is no exchange that doesn't face such problems. Kraken makes verification easy even for modest amounts and SEPA withdrawals and funding is cheap and effective.

If you are not from Europe than let us know where are you from and we will be able to give you a more precise instructions.


also, weren't they the first exchange with proof of reserves/solvency?


Title: Re: Best BTC Trading Exchange
Post by: makcik on November 05, 2015, 07:43:58 AM
Bitcoins rate is increasing nowadays and of course trading can be very good. Trading is like buying bitcoins at a price and selling it when you think there's a price high.
The rates of bitcoins is highest now and it's time for the best bitcoin exchange, 1BTC can get you upto 340-350US$ , and upto 30,000 rs. So, it's the best time for trading and you can be in a profit


Title: Re: Best BTC Trading Exchange
Post by: Miracal on November 05, 2015, 09:41:35 AM
Do you need full ID and verification at bitstamp?  Ultimately I just want to daytrade BTC vs USD.  And then withdraw the BTC back to my wallet when needed.  bitstamp looks to have a liquid market, but I dont want to give them my full ID, etc.

Bitstamp indeed needs full id verification. They want ultra high resolution scans of your documents. That's what I had to do in order to start trading there. It's annoying, but it is only 1 time.


even to just trade BTC/USD and only withdraw BTC?  not planning on withdrawing USD

Check out BTC-e, they are very relaxed when it comes to ID.
Do you know any exchange similar to BTC-e which operates with GBP?
I am sick and tired. I tried register on every single one of English exchange markets just to see info that I need to send them picture of myself with ID in my hand.
You can try this exchange I just check looks like very good https://www.coinimal.com/
Thanks bitcoinmar.. the site you suggested is actually very user friendly and helpful. i have also tried  http://cex.io and it has been as helpful for a newbie like me. Thanks again..


Title: Re: Best BTC Trading Exchange
Post by: Lasergun on November 20, 2015, 03:23:35 PM

Do you know any exchange similar to BTC-e which operates with GBP?
I am sick and tired. I tried register on every single one of English exchange markets just to see info that I need to send them picture of myself with ID in my hand.

BTC-e is unique. There's no other major exchange with fiat markets that doesn't give a shit about ID. It did have a GBP market for a while but it would've taken so long to get money on there you might as well have done a foreign transfer anyway.

There ain't many UK exchanges because none of them have UK banking. You'd be hard pressed to find anywhere British based that won't have ID demands up the jacksy anyway. Even localbitcoins sellers all seem to want ID these days.

I also vote for the BTC-e. It is one of the biggest and the oldest exchanges. It has never been accused of stealing people’s money or engaging in any sort of malicious behavior by several users of the exchange, moreover, when in 2012 hackers stole 4500 btc (~$40k), the exchange has not been closed and all balances have been returned to the users accounts.


Title: Re: Best BTC Trading Exchange
Post by: gentlemand on November 20, 2015, 03:28:17 PM

I also vote for the BTC-e. It is one of the biggest and the oldest exchanges. It has never been accused of stealing people’s money or engaging in any sort of malicious behavior by several users of the exchange, moreover, when in 2012 hackers stole 4500 btc (~$40k), the exchange has not been closed and all balances have been returned to the users accounts.

Well, I wouldn't vote for it myself. Even if they're not scammers, their support is dire if you have any problems and I'm not sending any money into a totally unknown black hole regardless of its track record.

And if you want to send fiat there you have to go through ID verification with the third party payment processor before sending anyway. Why bother? It's faster and cheaper to use all the other exchanges. If you're depositing and withdrawing coins only I'd go for Bitfinex as they don't require ID and volume is that much higher.


Title: Re: Best BTC Trading Exchange
Post by: Lasergun on November 20, 2015, 04:15:28 PM

I also vote for the BTC-e. It is one of the biggest and the oldest exchanges. It has never been accused of stealing people’s money or engaging in any sort of malicious behavior by several users of the exchange, moreover, when in 2012 hackers stole 4500 btc (~$40k), the exchange has not been closed and all balances have been returned to the users accounts.

Well, I wouldn't vote for it myself. Even if they're not scammers, their support is dire if you have any problems and I'm not sending any money into a totally unknown black hole regardless of its track record.

And if you want to send fiat there you have to go through ID verification with the third party payment processor before sending anyway. Why bother? It's faster and cheaper to use all the other exchanges. If you're depositing and withdrawing coins only I'd go for Bitfinex as they don't require ID and volume is that much higher.

Their support is dire because there are only a few people, russians (as in 2011) - this is a price for anonymity. And the ID verification is required by the bank, not the exchange.


Title: Re: Best BTC Trading Exchange
Post by: RealPhotoshoper on November 21, 2015, 12:13:03 PM
best BTC trading is nothing,yes i think like that because nothing perfect exchange,all exchange have a minus,even its high level like coinbase,kraken,huobi. all of them have a minus thing,and its not about the best,but i think this is about ho many user on that exchange,and it will prove that exchange is the best for bitcoiner.