Bitcoin Forum

I am wanting to get some feedback on this subject I have been questioning for well over a year now.

Which of the larger exchanges are better to trade bitcoin for alt coins on?
Would also like to know the one that charges the lowest fee so to withdraw those alt coins or bitcoin from. But isn't as necessary as having to pass KYC/AML verification so to be able to withdraw from them.

Just took at look at Bitfinex, Kraken and Bitstamp but can not decide.

Any advice would help me decide which one is the right one to go with.

Instead of those exchanges, I would prefer you Bitrex. It has small withdrawn fees and has plenty of altcoins.
You can avoid fees by using coins like Dogecoin, the withdrawn fee for doge is usually 2 - 5 which is equivalent to 2 cents?

To be honest there is an extraordinary exchange already live and with zero trading fee, it is called Cobex or cobinhood exchange, at the moment it is underrated but soon i think it will become the favorite exchange.

I was hesitant and kind of skeptical about Binance (https://www.binance.com/), But they indeed prooved themselves to be kickass exchange. I used to trade on poloniex and bittrex, but now I kindof feel binance is great.

They also have no mandatory KYC if you don't need feel like submitting your docs, but the withdrawal is capped at 2BTC/Day, which I guess is pretty great for occasional traders like me. Another feature is that we can opt to pay the trading fees through BNB (Binance Coin) and would get a 50% off on fees , that is cool for people doing lots of trade. Another thing I liked about the exchange is that you can exchange all the "Dust" remaining from trades, like wheen you do ETH/BTC and you have 0.0000999 BTC left, you can exchange them to BNB which you can use to pay the exchange fees (which is great considering 50% off).

All these makes me think that it is a good exchange.

And why are you considering these exchanges? For example, I think that the best exchange is Binance. Because there are good conditions and the best volumes. And if you trade in pairs with a BNB coin then the commission is very small

for my own I prefer in Hitbtc exchange because Altcoin is a good deal there and quite crowded in such exchanges.

My best exchange for trading so far is binance . This is so so easy  for trading this is my recommendation so far

I would like to use an exchange which is not in Hong kong or in any Asian market due to wanting the option to be able to do withdrawals to fiat. And most bank wires take too long from Asia to the States.
I would consider Poloniex but have heard people on their exchange thread having problems with their withdrawals and wallets not working.
I prefer not to add binance on the list as described so please do not advise using them on this thread as I know of them and prefer the three I have put up in the opening post.
Thanks.

 the best exchange on my opinion would be Bittrex, but it needs ID verification, and they are not always open for registration. Second option will be Binance, it has the largest market cap volume so far. Don't need to do any KYC verification, fast and stable, I never experience any pending deposit or withdrawal. But there are API abuse on Binance recently, may gives doubt to some people. Well every exchange has plus and minus, but these two are the most reliable exchange.

Well seems like you exclude Binance from your list because of personal reasons, so you might Consider Cryptopia, based on New Zealand. Though I got a deposit issue and haven't resolved yet. Or HitBTC but I found many Deposit/Withdrawal issues reported. To be honest, there will always be Deposit/Withdrawal issues on every exchange, the thing is how they handle it.

Binance + binance token = Provide easiest way to liquidate anytime + 50% discount on fees. People are moving towards friendly exchange site which provides an easy way and tiers.
Bitfinex will become the best choice compared with bitstamp or even kraken. But okex, binance, and kucoin look the best exchange site at this time.

You guys do not understand that he wants the exchange with low withdrawn fee? Binance isn't an exchange with a low withdrawn fee. https://www.binance.com/fees.html (https://www.binance.com/fees.html) 7$ for ETH withdraw, no thanks. Binance has liquidity but certainly not low fees.

I think Binance (https://coincodex.com/exchange/binance/) is the best.

exchange sites have a very important place in the cryptographic currency market. investors must have an exchange site that protects its capital and has low commissions. I think the best is binance.

I would also suggest Binance. They have a great selection of different tokens/altcoins. I think the fee for trading is 0.1% per trade, if you have BNB (their native crypto), then you can deduct it by 50%. Withdrawal fee is currently sitting at 0.002 BTC, but they change that according to prices on the market. Have a look here for more info: https://www.binance.com/fees.html. Regarding KYC/AML laws and regulations, they allow up to 2 BTC per day for withdrawal unverified. I don't know if any other exchange allows similar limits. Probably a decentralized one, so try maybe IDEX too, since it is one of the best in the decentralized area.