Bitcoin Forum

I'm new to crypto. Every exchange I research on to buy bitcoins has a lot of bad reviews. People post that they have lost alot of money/bitcoins on most of the exchanges. Nothing seems safe

Im using bittrex they have a good security but then only few altcoins and also if you are a hodler its better to keep your coins in offline wallet

Well, first you'll want to identify your specific needs, because there is no one crypto exchange that is a one-size-fits-all solution. We have a pretty extensive guide to choosing an exchange:

http://bit.ly/GuideToExchanges

Hope this helps!  :)

Gdax is a great exchange, never hacked, no fees to do anything at all (even sending away from the exchange).

You also have Binance, which has also never been hacked.

Hey there,

Unfortunately that's a very broad, open-ended question. There are so many exchanges out there; some have been around for a long-time and have great reputations, whereas some are on the other end of the spectrum and have been faced with allegations and controversy.

Definitely do your research and if you intend to purchase multiple cryptocurrencies, perhaps send your money to an exchange that sells all/most of those currencies. Another key indicator can also be the volume through that particular exchange. For this, go to www.coinmarketcap.com (the holy bible), search for the exchange, and it will tell you the exchange's daily (24hr) volume; if an exchange has put through $1 billion, then it's a good indicator that it's good (for the most part) whereas if the volume is under $1 million, then it may have issues (or may be new/have only low-volume coins).

It really is a hard question to answer, but I'm sure you'll make the correct decision.

-Knightly

exchanges are big targets right now, stealing traffic from each other. so it makes sense to operate on every single one with maximum precautions and never keep coins there no longer than required for tx to process

Coinbase is the most popular method today for buying crypto. The exchange is one of the oldest around and has been active since 2012. Coinbase supports 32 different countries including the US, Canada, UK, and Australia. Its the easiest one.
List of best exchanges includes:
Bitfinex
Bittrex
Gdax
Bitstamp
Kucoin
Binance

If you are from europe and want to buy coins using fiat, i can recommend anycoindirect.eu - a company based in the Netherlands. They accept SEPA as well.

In terms of safety the most recommended exchanges are decentralized, i.e. IDEX, BarterDEX, WavesDEX and probably Binance in a few months.

There are too many good exchanges on crypto market. Exchanges are depended on what coin you want to buy. I can suggest few popular exchanges. I hope they help you.
https://www.binance.com/
https://bittrex.com/
https://poloniex.com/
https://www.bitstamp.net/
https://www.bithumb.com/
https://www.bitfinex.com/
https://www.kraken.com/
https://www.kucoin.com/
https://www.gdax.com/
https://www.okex.com/
https://www.huobi.pro/
https://hitbtc.com/

There are so many exchanges available and as you have noted, there are plenty of negative reviews to go around for each one. Do your own research and see which one caters the most to your needs. Do they support the purchasing method you intend to use? Do they support the coins you want to invest in? Are there geographical limitations to consider? We still find ourselves in the nascent stages of the crypto world. As a result, these exchange platforms are still going through growing pains. That isn't completely the fault of these companies, however, not entirely. Cryptocurrency has yet to solve its scaleability issues and therefore you will continue to see a lot of backlash concerning transactions speeds and fees. For now, go for the exchange that seems the most secure to you. Many of the posts above listed a variety of well-known exchanges, feel free to learn more on how to choose an exchange and check out some of the reputable exchanges we list in our mintdice blog: https://www.mintdice.com/blog/a-guide-to-cryptocurrency-exchanges

Cheers!

Bittrex, binance, poloniex are considered most trustworthy. Although you need $10.000 worth of crypto if you want to join bittrex.

Binance and Kucoin are definitely the most trusted exchanges today

when I first started, I looked at the volume of trading on the stock exchange, trusted most people, now changed the criteria and trade where it is more convenient.
https://coinmarketcap.com/exchanges/volume/24-hour/all/

If you want to be safe and trusted exchange,just using bitrrex or binance but its matter of sad that this exchanger close to new account but you can contract there support system and apply for new account .Now i am using kucoin and binance and bittrex for trading and i hope its best for new tradder and more secuired and trusted site

ForkDelta (https://forkdelta.github.io/#!/trade/IRC-ETH) is also a good decentralised exchange

Binance and bittrex is a good exchange...
well good luck

I use Coinbase. As for me, it is the best and easiest way to buy Bitcoin, Litecoin, and Ethereum with the credit card or bank account. It offers to buy and sell cryptocurrency in 32 countries, which is a quite significant amount. Also, it offers an API for developers and merchants to build applications, which makes it even easier to use.

If buying bitcoins or any cryptocurrencies online would have been such a hectic thing, nobody would have been able to do it, everyone would be complaining only. If you've had your own bad experiences (or if not - as if you have not even tried one and came here just to blame exchanges), go through Currency exchange section of the forum here - https://bitcointalk.org/index.php?board=53.0
to get all your requirements met without the need to register at any of those exchanges you're not familiar/fine with. TBH, there are a lot of great exchanges including, but not limited to, coinbase, kraken, localbitcoins (p2p), bitfinex, bitstamp which will allow you to buy Bitcoins using credit card at a faster speed. If you're not interested in giving your identity to them, you better prefer what I gave you.

One of the most important thing is whether your funds will be able to get through the exchange before you are able to start buying coins / tokens. And another thing is withdrawal.

I remember there is a period where all the funds too very long to go through and some even got rejected (for me is Gatehub) Having real bad experience with them and no customer service at all!

I would suggest Kraken as I had sucessfully transferred funds over without issue. If they do not have the coins or tokens you want, you can try Biannce or Kucoin. These two are my favorite exchanges for Alt coins at the moment.

Usually I will use ETH for transfer as it is faster than BTC

You can see the biggest exchanges per volume on Coinmarketcap : https://coinmarketcap.com/exchanges/volume/24-hour/

Here is also a list with some of the legit exchanges : http://www.crypto-side.com/2018/01/the-10-best-exchanges-to-buy-bitcoin-or.html

What are the exchanges OP that you visited? there's no perfect exchange and it all depends to your satisfactory level.

I've used a couple of exchanges like bittrex and binance, I'll not mention the others but these two were good to me.

I've been using Bittrex, Kucoin, HitBTC to trade bitcoin and altcoins and I have not encountered any problems with these three exchanges. I also just tried Qryptos and it's also good. OKex has very customer service and if ever there are issues with withdrawals or deposits, they immediately handle your concern within minutes.

Always keep your coins and tokens on your own wallet and transfer only what you want to trade with in exchanges.

I would definetely advice yo to use binance. I have been using binance for 5 months and I saw nothing negative. Binance seems best to me. I hope you will make money on crypto. :) :)

exchange are cheap and focused on many altcoin, binance is best. But This exchange is very common situation lag if market fluctuations. there are a lot pump and dump on this exchange. In my opinion, bittrex is still good exchange, although trade fees are quite high. if you are a good trader and use margin, bitmex is the # 1 exchange

Use GDAX. It's probably the best fiat/crypto exchange. If you need to buy or trade crypto only, then go for Binance. It's good and it doesn't require KYC. You also can try Kucoin for alts as well. Of course, no one guarantees you 100% safety. Never know what can happen to those exchanges. That's why you should hold the majority of your funds in your own wallet you have private key to. Transfer to exchanges whenever you want buy or sell some coins. Then move money back to your own wallet.

Einstein Exchange is good for a small scale one

Well...it really depends on your criteria.

My criteria would be:

• Fees
• Credability
• Paymenth Methods
• Geographics
• Verifacation
• Trading Volume
• Interface

The interface part might sound silly, but nevertheless, if you're a beginner, then it's quite important. I've actually written a blog post about best crypto exchanges - https://cryptogidy.com/best-cryptocurrency-exchanges/
I would like to point out Geographics as well since a lot of exchanges have specific rules based on the country you are living in. I hope it helped.

many options out there

If you want to trading you should choose good exchanges for you. There should be a low withdraw-commission, and fast withdraw. ON Okex/Qryptos you should do KYC verification. Hitbtc, Kucoin, Huobi don't need verif. Also the choice of the exchanger depends on the coins that you want to sell/buy

Phabej! Our friend!

To find the right exchange for you, use our tool the Exchange Finder, available here: https://www.cryptowisser.com/exchanges/

It is developed EXACTLY for people like you.

Current top list:
1. Changelly
2. Binance
3. BitMEX
4. Kucoin
5. HitBTC

Good luck!

/Cryptowisser

Without some exchanger, another exchanger is good.  Good exchanger are
You can also find the cap.There are all the things about coins and tokens, including exchangers.

I use Coinbase/gdax and binance.

Hi there!
It's just a friendly suggestion to try https://changenow.io (https://changenow.io).

We do our best to deliver the best service to our clients and constantly improve it. It's safe, limitless and doesn't require any sign ups.
Also, we've managed to get the highest rating on TrustPilot https://www.trustpilot.com/review/changenow.io (https://www.trustpilot.com/review/changenow.io) amongst other exchanges. So, it does prove something :)

We'll be happy to see you on our service!

It all depends on your definition of exchange...exchanges rank in aspect of volume and security...
In volume... binance is among the best
While when it comes to security... kucoin is the best for me
And there are also exchanges that contain gems that will make one rich .. all you have to do is research!

I am using Binance and Bittrex but my advise is to use offline wallet like ledger or trezor is safer than online exchanges to store your crypto currencies... Thanks

Anyone who thinks that trustpilot holds any weight to prove the legitimacy of a company should really think twice about it.

These reviews could be faked easily.

In comparison, binance, which handles over 2 billion USD a day worth of cryptocurrency, only has 51 reviews. https://www.trustpilot.com/review/binance.com

Your direct competitor, shapeshift, only has 60 reviews, https://www.trustpilot.com/review/shapeshift.io

Although they are atleast 10x as big as you.


See https://www.alexa.com/siteinfo/changenow.io and https://www.alexa.com/siteinfo/shapeshift.io

This might be a good read aswell, https://www.theguardian.com/money/2013/jan/26/fake-reviews-plague-consumer-websites

I feel the best exchange for trading and buying of cryptocurrency couns will be balance . It's really easy to use with great security

I started being on the crypto last year and I have gotten much experience on the cryptocurrency market and good exchanges. Everyone on the crypto market wants a good exchange and we always doubt which one is the best so we all go in for that one. Good exchanges are not for profit solely but to see to the financial needs of the other. They develop huge money for other projects and the surplus money they generate is returned to local charitable projects. A little knowledge I have about good exchange sites.

Keep in mind that exchanges can be centralized or decentralized. But major points are:
Qualities of a good exchange:
Team
Tax Payments
Security (Compulsory 2FA)
Hack proof measures (Wallet security)
Liquidity
Volume
Scalability
Upgrades
Updates
Consistency
So look well before you leap.

I also use most of this list. I can only add that it is always the monitor reviews, watch how they deal with problematic situations.

Well, that's very true. Support and immediate response time to tickets by traders is very important. Some exchanges have poor support which makes users scared of what might be. So support is very key when looking for a good exchange platform.

I use binance, bittrex and poloniex. I like Decentralized exchange because most of the coin come to Dex before listing on main exchanges. forkdelta, Etherdelta for ERC20 tokens. switcheo.network is neo based tokens.

so far im in poloniex as it easy to buy n sell and to cashout my coin. other still in progress in learning.

Poloniex, kucoin , OKEX and Binance Exchange are all examples of good exchange. The criteria to use for searching a good exchange is the variety of pairs of coins. A good point to watch is KYC verification by the exchange and security of your account by offering a google 2fa authentication.

good exchange is labeled on a cheap fee and high and high security. Binance is one of the best exchanges out there with cheapest fee as an exchange and premium service.

Binance is a good exchanger, I use it myself, so I can advise it

first of all everyone should research which is better exchange for our safety, i give a link how can find good exchanges: https://coinmarketcap.com/ ,here anyone knows:
 Website( all website of exchanges)
 Fees
 Chat
 Markets
 Social
 Tools
 Historical Data etc.

Besides i give few good exchanges:

https://www.kucoin.com (Kucoin)
https://www.binance.com (Binance)
https://hitbtc.com (HitBTC)
https://bittrex.com/ (Bittrex)
https://www.bit-z.com/ (Bit-Z)
https://idex.market/ (IDEX)

Hi
I think bittrex,kucoin,binance, hitbtc,cex.io are good exchanges.

There are many excahnges in the market. You can choose yourself by clicking the following link. https://www.bitpremier.com/best-exchanges. But before entering the exchange fuss, know the fundamentals of cryptocurrency .

Hi, this is maybe a long shot, but let's try :) I've recently started earning in crypto, and checking if anyone from Serbia here to share the best exchange options here?
It's pretty tricky surrounding here, and a lot of unclear regulations, so wondering if there are anyone from this area here to share suggestion for the best exchange option in Serbia?

Thanks :)

My suggestion Crypto-Bridge best Decentralized Exchange

as much as possible use as many exchanges as you want. some exchanges have good token/coins that other exchanges do not have. just avoid poloniex it's services and support sucks

That is why it is recommended not to use exchange wallet site as storage of your cryptos, better to have hardware wallet or paper wallet, so that if you want to trade just send your crypto to the site and cash it out if you want to be really safe. Not recommended but can be optional.

I think these  exchanges are the best : Bitfinex, Bittrex, Kucoin, Binance. I used to have money on Yobit exchange, but it is not safe.

A good exchange is the one that has much volume to allow liquidity, easy way of depositing your crypto and fiat currency and also able to withdraw your coins anytime you desire to do so without much restrictions.