Bitcoin Forum

I'm having a hell of a problem with exchanges.  Which are the best ones to use?

I have used kraken in the past but their site is slow and unreliable, it doesn't have that many altcoins available, they frequently get overloaded and disable vital features, and wire out fees are very high.  All in all it's a pretty sucky experience...

Ideally I want to have a company rather than individual account.

Some exchanges like bitfinex look nice but they have ridiculously long waiting periods and absurd documentary requirements.  Some of them are just unreasonable busy work bullshit to produce (for a small single owner company) and others are things I'm not even sure I can get.  

What are the best most hassle free exchanges with good support?

I guess I need one that does fiat and another one that does just crypto to crypto wouldn't hurt.

I'm sure this has been covered before, but then again the landscape is constantly changing and previously trusted names like kraken seem to be not reliable.  In the last 1-2 months I've experienced tons of 502 errors, tons of "that service isn't available right now", and that kind of stuff.

Thanks.

im using poloniex its a cheaper transaction if u withdraw a bitcoin  and theres a lot trader online in poloniex. as of now in poloniex i didnt have a problem for a services like a withdrawal and stop loss services in margin trading. by the way almost 5 mos im using poloniex..

i advice you to not doing any trade in POLONIEX right now,
a lot of people have a problem when they are doing the trade in there.
most of them complained about their withdrawal process and some of them have an issue with unclosed margin.
which mean POLONIEX doing a shady activity in there.
indeed,
KRAKEN weakness is in their hardware and website response,it has been a long time we encountered it.
but they are a reputable company and i never heard someone complained about their services except long load.

honestly speaking i rather choose a long load website other than shady site.
but other than KRAKEN i also used BITTREX,
it's very easy and smooth,you can see a lot of altcoins in there.
but you can not do any trade Bitcoin to Fiat in there.
only Bitcoin to USDT

If you want to trade itself, then Localbitcoins is a better option because it is just a mediator and you and the other party will be the ones to settle your trades and LBC will act as an entity who holds everything on both the sides and will let you take your decisions once the doer party does their job.

For cryptos, Bittrex is the best if you are not bothered with a 0.001 fee per withdrawal, except the fee part everything is fine there as well as many coins get listed there and get pumped too. It's somewhat better than Poloniex and worth trying with some money to see if your luck works out.

The problem with a slow website that throws up errors is that you can't trade when you need to.

Yobit allows free fiat using PerfectMoney. Other processors available for a fee. I transferred litecoin from Yobit a few days ago. Took less than 30 minutes. Everyone will have their own likes and dislikes.

Bittrex is pretty nice. Once you get fully verified you'll be able to withdraw heaps of bitcoins. ;) However you can't buy bitcoin for cash on bittrex. For that I use btcdirect.eu

Anybody know anything about https://spectrocoin.com?

I'm using bittrex now but will back to btc-e when it open

although bittrex does not yet have a USD trade feature but I'm pretty sure that bittrex is one of the best exchanges available today. bittrex provides security and is also a very complete feature in performing any trading. try and feel that bittrex is the best at the moment.

I have programmed an exchanger.
so my members can exchange BTC<---> USD earned on my site.

poloniex.com and  bittrex.com  are good for me,   market depth is very  good  ,  trading  with good coins.

Tidex

Was just wondering why didn't you go for Kraken or Bittrex ? It is absolutely up to you and I am even asking you to change your site. I just want to know the reason behind choosing yobit over all other famous exchanges. Let us know for the sake of our knowledge. I will be grateful to you.

it depends what you are looking for, exactly. if you want to trade altcoins, the most reliable site for now is bittrex. obtaining a basic account (3BTC/day withdrawal limit) is easy and pretty much instant. unlike poloniex, they continually add lots of coins. they are fairly liquid as far as order books go.

bitfinex is worrisome to me due to the explosion of the USDT supply (owned by bitfinex) and because they have been blacklisted by the banking system. i only keep funds there momentarily while making a trade.

i really miss hedging BTCUSD with 1broker's CFDs. they are supposed to come back soon with a new service called 1fox. crossing my fingers.

As per my experience Bittrex will be the best exchange in terms of trading volume, ease of withdrawal, and availability of different altcoins.

Anybody got any idea on this one?

https://bisq.network/

have heard of it, have heard others use it and give positive reviews, haven't used it myself.

It's essentially like a decentralized version of Localbitcoins. If you are just a beginner then i would definitely recommend just going with Localbitcoins for now. Once you have some sort of intermediate to advanced knowledge of bitcoin then you can definitely start using Bisq if you so wish.

That platform is mainly used for currency <-> bitcoin trading though, not altcoin trading.

i really like the idea of bisq (previously bitsquare). it's an open-source desktop app that allows for completely decentralized exchange of cryptocurrencies. unfortunately, not many people are using it, so the order books are not very thick and it can take some time for orders to be filled. that's the problem with most decentralized apps -- centralized services are much faster and have better liquidity. hopefully this will change in time.

The best exchanges to use are the exchanges that dont run away and steal your money. Kraken is still one of the best and safest exchanges out there. I would always sacrifice usability for security.

But if you want a safe exchange with a simple trading UI, I would always recommend Bittrex as my number 1.