Bitcoin Forum

Hi guys,

I've just got into the crypto game and I've been doing some research and I stumbled across this guide (https://goodcoinguide.com/buy-nem-xem/ (https://goodcoinguide.com/buy-nem-xem/)) and they mentioned the exchanges Binance and CEX.io.

I just wanted to find out if they were trusted ??? before I spend my hard earned dollars :)

Thanks,

Pres0rz

Binance is among one of the best exchanges there are. I use that as my main one and love their exchange. Cex.io is a bit of a smaller one.

go to https://coinmarketcap.com/exchanges/volume/24-hour/ then you can see volume per exchange,  I would generally stay away from the tiny ones that have under 1million usd of daily volume, people dont use them for a reason :)
ALWAYS check the certificate by the lock icon in your browser before you login that the info is correct, and double check the URL! There are lots of phishing exchanges out there. Also make sure you enable 2FA. Don't store on an exchange, store your bitcoin on a ledger nano

i also use binance and ican not complain indeed is become my favorite exchange

I use both Binance and Cex. They are really trusted and two of famous exchanges. Both sites security are really good. But one thing, I do not recommend store your coins in a exchange. Because they are centralized exchanges. That means your private keys own by that site. If anyone hacked that exchange maybe your coins will be lost. If you are going to store some coins please use a well-secured wallet.

Yes, they are trusted exchange, make sure that you are making transaction in the right site since cloning site are also there to phish accounts, so careful also.

Both Binace and CEX are well known and trusted exchanges. The difference between them is that you can deposit/withdraw FIAT in CEX whereas Binance doesn't allow that.

I'm using Binance . On the stock exchange Binance we have a referral program in which you can participate each registered user.
There are some of the lowest commissions when trading cryptocurrency (0.1% of the deal, and when using the internal token of the BNB Coin exchange, the Commission is even less).

Binance is moving to Malta and has plans to add fiat.  They just made the announcement yesterday after the Japan news came out.

Before cex.io became a full-blown cryptocurrency exchange, they'd been around as a cloud mining service wherein you can buy and sell your hashing power to other users. It lasted for several years and never had a problem with them, even when they transitioned into an exchange. As for binance, I've used them a lot of times and they seem to be a decent exchange for cryptocurrencies. Arguably one of the best exchanges around and the support team doesn't take weeks to reply in your concerns (if ever you have one, lol). The recent rumors about the said exchange don't seem to change the users' opinion on how good this exchange is.

Both have good trust from users. Some issues can be found everywhere and in this manner some users might have faced some difficulties using these exchanges. I would suggest you to go surf both the exchanges try making a small funded trade, upon experience select the one that provides you with the convenience and comfort.

by all means, I would avoid yobit!

Check my list, almost every exchange here is safe to deposit, trade and withdrawal. Never leave your coins there overnight tho, first rule of crypto security.

rule of thumb is never to trust exchanges. move your stuff off-line unless you are active trader. it is a hassle but safest approach is hardware wallet, reset it, update it then use it after verifying it's authenticity

Blindly this is trusted. Almost all of the exchange deposit are safe here. Trade and withdrawal also safe here. If you are not involve yourself you won’t understand, so involve yourself and earn lot.

Of course they are trusted. Both are in my favourite list. I am using Binance from 4 months ago and i didn't face any problem with it.

Both have good feedback from users. Still particular issues can be found everywhere and in this manner some users might have faced some difficulties using these exchanges.

Yes, you can trust Binance and CEX both, they are both very famous exchange platform.

Here someothers you also can trust, like coinbase, shapeshift...

Best trusted exchangers are Binance, Bitmex, Bitfinex, Bibox, Gate.io, Changelly, Bittrex, KuCoin, Cryptopia.

these exchanges are good, but never forget that any exchange can be hacked, or there may be problems with the government. So it is better the main part keep on a cold wallet, do not keep all your eggs in one basket ;)

Binance is one of the most popular exchanges! The crypto community trust them and they have definitely proven to be secure. It's not advisable to store funds in an exchange though--try going for a hardware wallet  :) 

Bitrrex and binance are more trusted  exchanger on crypto market and i am not using c-cex and have no idea about this exchanger.You can deposit you money binance r bittrex or kucoin but it has one problem high fee and need to be identify .On the other hand  its was stronger and most secured exchanger and easy to use.

That exchange is a good , but we have different taste what we like in an exchange but that two is my prefer to use