Bitcoin Forum

 ??? BTC

Unless u mention your country & currency, there is no definitive answer to it.

If this thread was posted one month ago, then I would have chosen BTC-e. I always thought that they were the most reliable exchange around. Can't really trust the other exchanges. Especially Coinbase, which refused to credit BCH coins to its users. But as of now, I'd halfheartedly go with Kraken.

If you just want to exchange currency then use decentralized exchanges, nothing can be more safer then that.

No Gemini? Maybe the volume isn't too hot much of time but it's probably the best funded, most regulated and you rarely hear complaints about it. Maybe that's because no one uses it.

If I were to buy or sell large amounts of BTC I wouldn't go anywhere near the main exchanges.

indeed good question ...


the problem with any type of distributed databases that offers buyers/sellers match is the distributed conception itself ...

The least option should be Poloniex of course. If you need their support, you probably will be in trouble for some time.

The others I don't know. Any exchange can go down any time, no matter how big they are, how safe they seem and regardless of past performance

The exchanges which i am usually trading my altcoins are Yobit, poloniex, bittrex cryptopia liqui, and livecoin . This are some exchanges were i use to trade so i can tell about about it. Because i use to participate in almost all new altcoins bounty programs and were ever they get listed i have to trade in that exchange.

I think you should ask people to talk about their experiences in every exchange they use.

For example, poloniex is good exchange because it is easy to use, but has bad support and has people who lost money

Bittrex also have case of bad customer service

Coinbase also has its problems

Bitfinex also has its problems

There are GDax and Kraken who do not hear a lot of people complaining.

All exchanges you mentioned have good trading volume

I love using bittrex.
I have no problem with it.
I can say this one is a good and trusted exchange.

I'd go with Bitstamp. I am using them for more than one year now, and although I had some issues initially with the ID verification, I never faced any trouble from them after that. My only complaint is about the high withdrawal fees.

So far the most reliable and most trusted exchange site for now is Bittrex, I have no problems using it and it is easy to maneuver around. Before I was into Poloniex though Polo is still a good trading site and I had no problems with them as well but I do have read a lot of negative feedbacks on this site so I opened a Bittrex account too because I was suppose to transfer my coins their but since I had no problems with both trading sites I'm keeping them both but currently more on Bittrex though.

This is probably tempting fate, but I don't think Kraken has been hacked yet... and I've always had a good/fair experience with them.

Thanks for the review. I will try go to kraken exchange. because for now I am still in Bittrex exchange and indeed for the moment I have not found a problem with bittrex but in case of bad things come I will try another exchange

Your question is a bit vague.... Some exchanges "limit" their withdrawal & deposits, based on verification levels. You can

withdraw and deposit small quantities with low level verification and unlimited amounts when you reach full verification. Well

they say unlimited, but I think there are limits. {This is how my exchange is doing this, to encourage people to verify.}  ::)

You should add Localbitcoin, even though it is not an exchange per se.  ;D

none of them!
and they all have the risk of turning into Mt Gox or Cryptsy or a dozen others that ran away. these exchanges are not exactly regulated and they can easily fake anything they want from volumes to prices and to walls to manipulate. of course the effect each of them have on different cryptocurrencies are very different and on different levels but it exists.

among crypto currency exchanges we have to choose among bad and worse. so we choose bad.
if I want to rank them I do it this way:
for bitcoin: Gemeni, Kraken, then bitstamp, bitfinex. (I don't like Gdax much).
for altcoins: bittrex and then cryptopia and then c-cex and after it at the end of the list poloniex.

Keeping the limit is good for the users so that they should not ruin their life by making small mistakes. and this way also the exchange are also limited to scam their users with high deposit.

Localbitcoin is a good for trading for local users. with lot of users are their to trade and the options of escrow is also very good.

I'm currently using kraken for bitcoin buying/selling, they're good. for altcoin i would recommended bittrex, kraken has few altcoins too but not as many as bittrex. always remember this, never keep coins on exchanges/use it as a wallet. be safe!

all these options don't come in one package.

for example the biggest volume comes from poloniex and i suppose bitfinex next. but neither of them are reliable. poloniex services and specially their support suck. and bitfinex is the one that got hacked last year and people lost a lot of money, not to mention all their troubles with the banks and all the stuck money!

then comes the trust! how do you even trust these services? most of them don't respect their customers enough and change their rules without prior notice and like always there is the risk of their "hacks" /s

I was going to mention Gemini too. It's one of the few regulated exchanges, and if the big boys ever get into bitcoin, they'll use Gemini over the other exchanges simply because it's not a fly-by-night operation.