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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: thunderstorm27 on October 02, 2018, 08:36:18 AM



Title: Bittrex vs Kraken - choosing an exchange
Post by: thunderstorm27 on October 02, 2018, 08:36:18 AM
hey there!
wanna try new exchange and go for something new instead of ECoin.
what do you think about Bittrex and Kraken? maybe some thoughs about other services? :)


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: mk4 on October 02, 2018, 11:06:38 AM
Bittrex:
  • Fiat: None. They use Tether(USDT)
  • Lots of coins and tokens: https://coinmarketcap.com/exchanges/bittrex/

Kraken:
  • Fiat: USD
  • Not that much coins: https://coinmarketcap.com/exchanges/kraken/

Decide based on those. If you want to buy crypto using fiat, use Kraken. If you want a reputable one with lots of coins and tokens though, definitely Binance[1].


[1] https://binance.com/


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: Alluro on October 02, 2018, 11:07:02 AM
At this moment Kraken has more volume than Bittrex. But I like Bittrex because Bittrex is more popular than Kraken and easy to use charts with indicators. If you want to go with other exchanges Binance is really good. It has top volume in the crypto market. If you want to find more exchanges please use this link https://coinmarketcap.com/exchanges/volume/24-hour/


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: TTshingeki on October 02, 2018, 12:02:36 PM
You may not choose, I suggest that you use both exchange and suit for what coin you have to sell or buy and have many other exchange like binance , huobi ...


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: BQ on October 03, 2018, 02:19:44 AM
I started with Kraken but they only offer bank transfers, (and is EU only?), Coinbase is US based I think but they allow instant purchases using cards -
as well as instant verification, so you could have crypto in 10 min compared with Kraken, where a new account + verification could easily take 2 weeks before you get your first crypto.

and neither Kraken nor Coinbase lists many cryptos, so you can easily move them out somewhere.
also Kraken has rather high withdrawal fees, while Coinbase only takes the mining fee - although, the fee for buying with card is quite high!
Kraken = cheaper but slower.


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: Dilireba on October 03, 2018, 02:24:23 AM
Bittrex:
  • Fiat: None. They use Tether(USDT)
  • Lots of coins and tokens: https://coinmarketcap.com/exchanges/bittrex/
Just want to correct it. Bittrex now accepts USD trading. https://support.bittrex.com/hc/en-us/articles/360004441491-Fiat-US-Dollar-Trading-Deposits-and-Withdrawals


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: pooya87 on October 03, 2018, 03:47:19 AM
if you are stuck choosing between these two exchanges i would say you should go with Kraken because there are far less complains about Kraken and also they don't have a scam case in their recent history like Bittrex has.
here is the profile of the owner of Bittrex on bitcointalk: https://bitcointalk.org/index.php?action=trust;u=96390
you can see the trust rating and the the scam that they pulled on their users.


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: D1zee on October 03, 2018, 02:08:57 PM
hey there!
wanna try new exchange and go for something new instead of ECoin.
what do you think about Bittrex and Kraken? maybe some thoughs about other services? :)
I have never used kraken though but had hard of it and I think people can use not just one exchange. I have used bittrex since I came into crypto trading and have enjoyed the exchange, kits of Cryptos to choose for trading and there are other good exchange too like Binanace, Houbi, Bit-z etc. I think we can have more than one exchange to trade in.


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: Muhammedayo on October 03, 2018, 04:04:03 PM
Both exchanges are good depending on your choice of trading.
Bittrex have more coins to be traded but you can't deposit fund directly in USD , rather use btc.


Title: Re: Bittrex vs Kraken - choosing an exchange
Post by: juli50 on October 04, 2018, 02:24:42 AM
Both are good exchanges, pick the one you like more, but I recommend you binance. I have been using binance for more than a year and I never had any problem. Also binance is the exchange with the highest volume in the market so you will always have buyers and sellers for every coin listed. I hope I could help you, good luck!