Bitcoin Forum

Considering how many times a scandal is anchored to an exchange, what criteria do you look at to figure out where best to play the market?

Would make this a poll but I feel like the answers would be too unique and individual.

Thanks in advance to everyone who takes the time to reply.

You need to go with the trading exchanges that have been there for a while with a good track record.

The trading exchanges that come to my mind:

- Coinbase
- CEX
- Bittrex
- Poloniex

What about Kraken?

And wasn't there scandal at Bittrex?

despite various criticisms, i actually prefer bittrex and binance the most

hitbtc are bloodsuckers, can't trust an exchange which doesn't give its users sufficient decimal points to place orders on.

I think that bittrex is a very good exchange and the bitfinex exchange has also a very good reputation. Of course, there are a lot of them now. But all of the above exchanges are centralized, and therefore can be hacked.

I agreed with the three you have mentioned but i need to disagree abot bittrex,these exchanges doesnt care about the ETAs,they are announcing which they arent sure about if they really can do that announcements.I lost my try when bittrex were almost delayed for about 1.5months from the IGNIS drop which doesnt make sense because most of the people got rekt when the massive dumpage happened after the snapshot,but the worst they have delayed giving the IGNIS drop which is the only way to recover the loss from the NXT dumpage.

- Never store your coins on an exchange.You literally are walking around with a rope tied to your neck if all your savings are stored on an exchange.
- If you keep the rule number 1 in your mind,you'd generally be okay with any exchange as long as they have instant deposits and withdrawals.
- Of course,avoid the new kids on the block and go for the ones like Poloniex or Kraken whose office locations are verified publicly.

I think it's COINBASE. Backed by trusted investors and used by millions of customers globally, Coinbase is one of the most popular and well-known brokers and trading platforms in the world. The Coinbase platform makes it easy to securely buy, use, store and trade digital currency.

This is a US-based exchange which was founded in 2012, and it supports over 32 countries. Coinbase exchanges Bitcoin and the alternative cryptocurrencies of Ethereum and Litecoin, and it’s the largest of the exchanges, claiming $20 billion (£15 billion) in currency exchange. In 2014 Coinbase created GDAX, the Global Digital Asset Exchange which was developed for professionals with high volumes of trading.

The firm offers a mobile wallet, offline storage, and insurance protection for currency stored on its servers. Coinbase supports several fiat currencies: British Pounds, US Dollars, Euros, Canadian Dollars, Australian Dollars and Singapore Dollars.

The Coinbase exchange has a 1% flat fee for each purchase, while cryptocurrency deposits and withdrawals are done without any fees. A streamlined user interface which is ideal for novice traders – and fast trades – makes Coinbase a popular exchange with traders.

bittrex and binance，these two sites have the largest trading volume of altcoin in the world, so you can find all kinds of tokens here, and the user experience of these two websites is very good.

To me Binance feels the safest, they're huge and make huge money (so they could refund if something would get stolen). BUT the only place to store your crypto that you're not currently trading with, is your Ledger Nano S / Trezor.

Large exchanges are good, but if you really are going to understand this topic, then you can not do without EtherDelta!
Regards Denis

In the last 1.5 years, the only exchange that has been consistent, trustworthy & reliable has been Bittrex.

bittrex is much better. because i have never experienced a problem with them. im using them for 14 months now. also its a USA based exchange

My personnal favorite is Bittrex, very trustworthy, I've never had problems with it. I've also traded a bit on Cryptopia and it was a flawless experience.

So meaning to say all the coin that you have mentioned right now is actually has a good record up to this time? What are your preferences regarding this matter?

Binance is my favorite exchange, we do not need to verify the account in binance with a maximal 2 btc withdrawal limit per day.
Another exchange I like is bittrex, but if you are a new user, you have to verify the account, otherwise you can not make a withdrawal.

I am using Bittrex exchange from long and it is most trustworthy exchange for me because there strong security features and never down time. I never heard any attack on their site.

Binance is definitely one of the most popular ones I think.

Also a great one if it's your first crypto exchange platform.

An exchange that offers tight security to my funds and accounts. Allowing me to enabling google 2FA is the first sign I look in a crypto exchange which I consider trustworthy.

At present I am using Binance, Bittrex, Yobit and Etherdelta. Mostly I am trading on bittrex. I find bittrex is the best exchange to trade without any problem so far because its support is the best and fastest among all the exchanges I used to trade. Till date I have not faced any issue with bittrex. I suggest my all friends to trade on bittrex.

I can only speak in my experience, Kucoin shares and Cryptopia are two of the exchanges where I can deposit and withdraw with no problem at all,
so far this is the only exchange I am trusting but looking forward to add more exchange so I can give my opinion if this is a good exchange or not.

CoinEx  a new exchange, we can use BCH exchange.\

a best exchange.
https://www.coinex.com/account/signup?refer_code=q3vyx (https://www.coinex.com/account/signup?refer_code=q3vyx)

In my experience, Cryptopia is also a rather good one.

According to this topic binance is used by a very few people))) But why does it on the 1-3 place by the 24 hour volume day by day? https://coinmarketcap.com/exchanges/volume/24-hour/. To be honest I almost forget about any other exchanges since the autumn.

Despite all the unfounded fact and figure in the negative that surrounding ether delta, I will say ether is the most open, convenient and decentralized trading platform that ever exist. Etherdelta simply deliver power to your hand and these power have their worth in Gold!

Bittrex is my best and trustworthy crypto-currency exchange i ever used as there security is best and support service is very quickly responsive. They never face any Hackers or phishing issue and i am using it from last 2 years without any issue.

Most crypto exchange have their own issue and problem but as of now the most trusted and safe to trade your altcoin are binance and bittrex this two have a greate volume everyday the withdrawal are fast and safe.

Poloniex
Low Fee
High Volume
I Didn't Prefer Bittrex Because U Know The ID VERIFICATION

I was a former user of bittrex which sucks because they have announced that the airdrop of ignis coin would be on january 1,2018 but it was released january 31 which is unconsiderable because most of the people whot their ignis more early did have a good opportunity to sell these coins in higher prices,now the users of bittrex who has ignis probably doesnt have any income because the coin has already sold by most of the users,so i decided last week to move at binance exchange which for me has the most secured platform plus the trasanction fee is less than bittrex o other exchanges.

There are a lot of exchange websites we need to look forward to. Some exchanges are just getting into the scene but they already have big supporters and good reviews from its users. You need to make sure that the volume of exchanges it is having is not very crowded and it is accommodating for all of the users. I have seen Cryptopia and KuCoin which has both good interfaces and easy to look for the coins that have been listed.

The best exchange I know for customer satisfaction if There is some problem it’s THE ROCK TRADING. Unless kraken or bittrex they have a good customer support via ticket.

Might sound redundant but for me Bittrex is definetly the way to go.

It's convenient, secured and efficient.

I trust binance over these major exchanges because binance has lesser fees than major exchanges like bittrex which is a crapy exchanges they dont know how to follow their own ETA,and poloniex which was hacked from the past,binance has the most secured platform nowaways that is why it is getting more popular than any of existing exchanges.

I, like many here, would advise using the Binance exchange, because this exchange has everything absolutely necessary, probably even more. Therefore, I think that it will be quite enough for the beginning and even for the continuation.

The smoothness of the site is one criteria and a friendly user.
i still want to choose Binance and Kucoin, because i really love using it and the volume is not bad there.
those 2 exchange is really good to use and users are really having a good number and the market on buy and sell is not sleeping anytime.
a great number of buying and selling every minute.

for altcoin exchange my option goes to bittrex and poloniex because in my view these exchange are trustworthy and they have plenty of altcoin which have good volume market and this is good to considering as my trading portfolio and for bitcoin exhchange currently i use my local exchange

At first i look for some security options and the number of traders as well over an exhange to ensure myself that i am not going to throw my money in risk. Like i said about security, if i find the exchange uses 2FA, then i proceed further.
Next it must have thousands of regular trades and positive reviews on the forum, all these stuffs matter for me

I would say Bitstamp. The guys running the project are based in my city and if some problems would come up I could address them directly. Of course, one can't judge solely on that, but it kinda makes me feel good (safe). Also their platform is neat looking and simple. I don't trade much, I am a hodler and it satisfies my needs.

I've used the following exchanges without having any problem:
-Bittrex
-Poloniex
-Kucoin
-Binance
-Cryptopia

I think that all of them are already big and secure, and that there is no reason to worry.
However i would still advice to keep your coins into your personal wallet, and use the exchanges only when you need to make trades.

I still say the most trustworthy exchange is Bittrex. They've been around for an extremely long time, and they will be adding USD trading pairs after the Tether fiasco.

Other exchanges I like are binance and kucoin

Overall i don't really trust any exchange because they are prone for hacking attack. But there are credible trading platform i trust with my small amount of coins like Bittrex and Binance. Those two are my current trusted platform.

In my opinion Bittrex is the most trustworthy and best among exchange for cryptocurrency at present. It is the best in security, there are never raise any problem of hacking or phishing attack on it. Their support service is also very good and responsive.

For me, Bittrex and Poloniex are best exchanges. Bittrex is a really good exchange I never had an issue with it.

I prefered to use binance because this exchange has the smallest fee over these major exchanges that is why most of the people who are using bittrex and poloniex are choosing binance,plus it has no hacked issues because the security of the exchange are being protected by these genius developers,plus the user inteface is a lot better than any exchanges to date.

Ive been sing bittrex for about 1.5years and i dont encounter any problems,the supports ive heard are great plus the user interface of bittrex are created for the newbies so they wont mistakes in their trades,either what exchange you use the most important thing is to protect your private keys so you wont have any problem.

Probably not the most adored answer but I prefer Bittrex myself. Reason for this is it was the first exchange I began on and it was there that I learned orderbooks, how to trade, and really my first few steps in crypto. I won't forget those days and for that Bittrex has a soft spot in my heart.

For most part, I trust all of them equally: Long enough to get my trades done and my tokens off their exchanges.

Bittrex is the most trustworthy exchange.  They are based in the USA and have been around for years without any hacks or major issues.  The support is great and the team profiles are made known.  They also have made a lot of profit through the years and if somehow they did happen to get hacked, they will be able to reimburse users. 

If possible, it is better to register on all popular exchanges , because over time there are restrictions, as happened with Bittrex

in my opinion is,
- Poloniex
- Bittrex
- Binance
- Kucoin

it is a busy market, because the volume of a market exchange is very influential

As others have said: Binance. It's simple, trustworthy and great. No complaints here. ;D

I think the top 3-4 exhcange has a reason why they are the top ones ( at least for now). I use binance and it works really nice ( this little update issue couple of days ago wasnt the best, but except that all good).

Most important criteria is the number of users that makes high liquidity and security. Than fees may be considered. Also good exchange must have good USer interface.

Binance and Kucoin are my favorite exchanges. Also noticed huobi and heard a lot of positive information about it, but didn't try it yet.
Registered on bibox,  cause today many ICOs start from it and due to low liquidity it is good to buy (not to sell).

I've been using Binance and have never had a problem with it. Recent shut down was a little worrying at first but everything was good when they reopened. Wasn't following them on Twitter when they shut down but now I do and have been kept well informed.