Bitcoin Forum

Economy => Trading Discussion => Topic started by: JacobScott on December 31, 2018, 11:01:00 AM



Title: Bitcoin exchange
Post by: JacobScott on December 31, 2018, 11:01:00 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.


Title: Re: Bitcoin exchange
Post by: Pmalek on December 31, 2018, 11:12:51 AM
Since you are new, please familiarise yourself with the forum rules:
https://bitcointalk.org/index.php?topic=703657.0#post_rules

You can use https://coinmarketcap.com/ to view a list of available crypto currencies and the exchanges https://coinmarketcap.com/rankings/exchanges/ on which they are traded.

But, be aware that the majority of crypto exchanges fake their trading volume, more on that here:
https://cryptoscanner.co/article/?article=BTI-Report-A-Majority-of-the-Cryptocurrency-Exchanges-Fake-the-Trading-Volumes-Data
 


Title: Re: Bitcoin exchange
Post by: Yeahpro on December 31, 2018, 11:42:20 AM
It depends on what you plan on doing on an exchange, trading, converting or buying (investing).

Binance is a great exchange for converting from one currency to the other. Bitcoin iams available as a base currency in all exchanges, so you would not have a problem converting on majority of them.
If you are buying with fiat, check out coinbase.
Also familiarize with cryptocurrency basics and how it works.


Title: Re: Bitcoin exchange
Post by: DdmrDdmr on December 31, 2018, 11:44:07 AM
The poll you’ve placed is inconsistent, and reminds me of another one (which I cannot locate now) created by a Newbie with an incoherent poll. I don’t know if that is a pattern that denotes something …

There are better examples on how to create a poll of a kind, like  Best Exchange For New Traders (https://bitcointalk.org/index.php?topic=2601613.20;viewResults).

There are some decent threads that go list them and give a summary of pros/cons of each one, such as List of Decentralized/Centralized Exchanges (https://bitcointalk.org/index.php?topic=2906237.0).



Title: Re: Bitcoin exchange
Post by: bitmover on December 31, 2018, 12:48:29 PM
One of the most reliable exchanges is binance.com
However they do not accept Fiat deposits.

So you need an exchange that have a Fiat pair. You need to look for a local exchange so you can trade your Fiat (USD for examples)for Bitcoin. Where are you from?

This is a very important question to determine which exchange you should use.


Title: Re: Bitcoin exchange
Post by: Juggy777 on December 31, 2018, 02:55:52 PM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

Hey welcome here before you begin investing in bitcoins, I would suggest you to learn a lot about bitcoins as you have zero knowledge of what it is. If you're looking for an exchange then you can check coinbase in my experience that's good, but i would advise you not to store your coins in an exchange as they're risky. I would recommend you to use Electrum, but only download it from it's official site and only update it from their site only.


Title: Re: Bitcoin exchange
Post by: jossiel on December 31, 2018, 05:19:46 PM
"Blockchain" isnt an exchange but there is a website "blockchain.com" which is .info before and now has an integrated exchange inside it. Before its just a wallet but now if you want to use that exchange inside them, you need to pass on their KYC.

Well, they didnt required it before but now they do. And as for the blockchain itself, you probably misunderstood it as an exchange but it is the technology that bitcoin uses. For the best bitcoin exchange, we have different preferences to declare what's the best and for me it is binance.


Title: Re: Bitcoin exchange
Post by: Alluro on January 01, 2019, 12:46:32 AM
It depends on what coin do you want to trade. Because there are so many different coins and they didn't put on one exchange. The Binance is leading the top volume of exchanges. The volume is an important thing to make trades. If you want to know more exchanges please check out this Top 100 Cryptocurrency Exchanges by Trade Volume (https://coinmarketcap.com/rankings/exchanges/).


Title: Re: Bitcoin exchange
Post by: Switchain on January 01, 2019, 04:10:06 AM
It depends what your purpose is and which assets you will trade. check out this article

https://medium.com/@jacobrobertwoods/crypto-exchanges-custodial-vs-non-custodial-vs-decentralized-3d1d04cf205


Title: Re: Bitcoin exchange
Post by: Distinctin on January 02, 2019, 07:46:07 AM
The best exchange for now  Binance  (https://coinmarketcap.com/exchanges/binance/)
With a good daily trading volume and over 400 trading pairs, you can definitely trade anytime you like.

What's important in an exchange is the volume and Binance has the best volume for now, in addition, you can trade without passing the KYC.


Good luck!


Title: Re: Bitcoin exchange
Post by: madnessteat on January 04, 2019, 12:26:00 PM
Since many exchanges are currently inflating trading volumes, I would advise you to use only exchanges that fully provide all the information and have licenses.

For example, you can use:

https://bittrex.com
https://www.kraken.com
https://pro.coinbase.com
https://www.bitstamp.net


Title: Re: Bitcoin exchange
Post by: MaxTree on January 04, 2019, 02:58:59 PM
What about HitBtc?


Title: Re: Bitcoin exchange
Post by: cokroalif on January 05, 2019, 12:19:45 PM
Where you come from, if you are new you have to deposit with money

there are many BTC exchanges, all exchanges have BTC coins
https://coinmarketcap.com/rankings/exchanges/


Title: Re: Bitcoin exchange
Post by: jademaxsuy on January 05, 2019, 01:48:56 PM
Binance is the largest exchange by volume!
Yeah but i wonder why binance coin could not surpass other crypto basing on rankings where it coul be possible since they had a huge earnings on it. Anyway, well just wait and see this BINANCE exchange it may be great now but there could be some chance that other exchange may gone good as well.


Title: Re: Bitcoin exchange
Post by: Upgate on January 06, 2019, 05:16:30 PM
From the looks of it you do not understand much of what you talking about.
Bitcoin
Blockchain
And exchanges are totally different entity
 
Exchanges is like a market or trading place where coins are dealt with either selling or purchasing.



Title: Re: Bitcoin exchange
Post by: boyptc on January 06, 2019, 05:23:42 PM
What about HitBtc?
There are too many complains about this exchange but there are too many good experiences too.

Have a glance on their thread --> https://bitcointalk.org/index.php?topic=378827.0


Title: Re: Bitcoin exchange
Post by: Ciscopro2000 on January 07, 2019, 08:46:39 AM
I use Coinbase and Binance.  They are both solid choices in my opinion. 


Title: Re: Bitcoin exchange
Post by: Onuohakk on January 07, 2019, 09:20:30 AM
None of the above you mentioned on the poll are bitcoin exchanges you can use the internet and browse about bitcoin exchanges and you should get a comprehensive run down of bitcoin and other cryptocurrency exchanges


Title: Re: Bitcoin exchange
Post by: Agnatez on January 22, 2019, 10:27:04 PM
Xchange and Localbitcoins are the best and proven exchangers. I would recommend to always use those services that have already proven themselves in the market.


Title: Re: Bitcoin exchange
Post by: leowonderful on January 23, 2019, 01:04:55 AM
Localbitcoins and Paxful are pretty decent options in general except for the occasional complaint here and there. Most of the scamming you find going on with P2P exchange sites like the sites I just mentioned is related to the people themselves and usually involves payment methods that can be reversed like PayPal. There's lots of account selling for Localbitcoins accounts from what I've seen recently, so even a trader with thousands of trades may be attempting to scam, but in general both sites are very good options for buying Bitcoin if you don't want to go through an exchange and all that.


Title: Re: Bitcoin exchange
Post by: Rooney67 on April 07, 2019, 08:36:18 PM
I didn't see anyone mentioning CoinDeal, it's a polish cryptocurrency market - that's why as a patriot ;D I gave it a chance. If you are starting with cryptocurrencies, it's friendly for newbies in subject as well. So far it works really nice and it has fancy additional stuff like ability to vote for a new currency.


Title: Re: Bitcoin exchange
Post by: JNvak on April 26, 2019, 07:58:16 AM
I didn't see anyone mentioning CoinDeal, it's a polish cryptocurrency market - that's why as a patriot ;D I gave it a chance. If you are starting with cryptocurrencies, it's friendly for newbies in subject as well. So far it works really nice and it has fancy additional stuff like ability to vote for a new currency.

Not to mention that now CoinDeal offers lower fees on BTC trading: 0.0004 for addresses beginning with bc1... (native segwit, bech32). I would recommend it as well.


Title: Re: Bitcoin exchange
Post by: Ellen Adarna on April 26, 2019, 09:31:51 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
There are a lot great exchange that you can use for you to exchange your bitcoin easily, but you should be careful in entering different sites because you might get scam or get hack. In picking the right exchange it must have great security features that can protect all of your assets like Bittreo, the worlds most advance trading platform that can actually help you to easily exchange your fiats or crypto into bitcoin and vice versa. Bittreo (https://exchange.bittreo.com/?utm_source=ccexchange) has a great features such as data management, real time transaction management, and professional brokerage platform that can actually help you to trading. Bittreo also can offer discounts on our fees for OTC trades such as 20 percent off our OTC fee for the first time a client buys or sells.


Title: Re: Bitcoin exchange
Post by: Bitcotalk on May 02, 2019, 05:53:42 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
What you need to do is to checkout popular exchanges in existence and then check the review of their users to see if the exchange is good to trade with or you need to make use of another exchange, though I personally make use of binance for my trade but I don't just advise people to make use of the platform I am making use of just because I like them, I always like people to make their own research about the project before thinking of using them for trading activities or before investing in them if it's a coin.


Title: Re: Bitcoin exchange
Post by: Kulkhan on May 02, 2019, 06:11:05 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
Many Trasted Exchanger are Available Now a Day. Such As Binance, polonix, Bittrex etc. I Trade in Polonix since 2016. Polonix is well Exchanger. I prafer you Polonix Exchanger.It is perfect for exchange Bitcoin I mean.


Title: Re: Bitcoin exchange
Post by: jrrsparkles on May 02, 2019, 06:27:59 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
Go to coinmarketcap site where you can most of the crypto exchanges available,if you want to buy bitcoins with fiat then go to localbitcoin andpick bank transfer method to buy bitcoin without any issues then follow the exchanges to buy other crypto currencies.


Title: Re: Bitcoin exchange
Post by: Viscore on May 02, 2019, 08:18:02 AM
You can check the list of exchanges in the market - https://coinmarketcap.com/rankings/exchanges/reported/
then you find the feedback on an exchange you feel you like to use.

I suggest use an exchange with a high liquidity as they are surely legit.


Title: Re: Bitcoin exchange
Post by: maydna on May 02, 2019, 10:06:39 AM
The best exchange will be different for every trader because it depends on how they can feel comfortable to trade in that exchange. And if one trader says A exchange is the best, it doesn't mean that the other trader will be saying the same thing. I already argue with my friend to select a good exchange, and we have a different reason that says A exchange will be the best exchange.

So perhaps, you can get a list of exchange, and you can try by register first on every exchange but don't deposit. Check on every page they have, and you will see what exchange you want to choose. It's something about how to feeling good on the exchange, and you only need to follow the signs. You need to figure out by yourself to find the best exchange that will work well for yourself.


Title: Re: Bitcoin exchange
Post by: giltc148 on May 28, 2019, 09:17:27 AM
Since you didn’t mention what operations you are looking for on the exchange, whether it’s trading or buying, I’d recommend CEX. It’s a universal option because it combines all these functions. You can easily purchase bitcoin with gbp, usd or euro using your credit card - https://cex.io/buy-bitcoins. The exchange provides a calculator, which shows the amount of bitcoin you will get for a certain amount of fiat currency. Likewise, you can easily trade bitcoin with another coin and bitcoin with fiat currencies. Among advantages, it’s an international exchange with a user-friendly interface and strong security. As good alternative options, you can also check Coinbase, Kraken, and Bitstamp. 


Title: Re: Bitcoin exchange
Post by: JNvak on May 28, 2019, 12:04:00 PM
You need to look for an exchange platform with low fees (https://coindeal.com/fees). For example, coindeal has discounts for Segwit users.


Title: Re: Bitcoin exchange
Post by: dmty.0809 on May 28, 2019, 01:05:51 PM
During this time I hold several exchanges, but what I often use is binance and indodax. Because binance is the largest exchange and not easy coins that do not have the potential to be listed on the exchange. I recommend the exchange.


Title: Re: Bitcoin exchange
Post by: Fredomago on May 28, 2019, 02:15:48 PM
During this time I hold several exchanges, but what I often use is binance and indodax. Because binance is the largest exchange and not easy coins that do not have the potential to be listed on the exchange. I recommend the exchange.
Using binance will give much better chances to trade good moving coins, as volume and more traders are participating from this exchange, if you wanted to make good trading experience this exchange will be one of those good place for your investment / trading place.


Title: Re: Bitcoin exchange
Post by: GregH37 on May 31, 2019, 06:39:24 AM
During this time I hold several exchanges, but what I often use is binance and indodax. Because binance is the largest exchange and not easy coins that do not have the potential to be listed on the exchange. I recommend the exchange.
I have never seen much reason to hold more exchanges than just binance, I don’t even have any backup exchange because I know that binance has all that I need from trading volume to low fees and to having the list of coins that is necessary to really make one rich in this cryptocurrency.

Hardly would you see record of shitcoin on binance exchange unlike other exchanges. Binance takes proper record of the type of projects they register which is even stricter now with the introduction of their IEO, which means any coin that wishes to register on binance must be quality project with quality product and outstanding team members.


Title: Re: Bitcoin exchange
Post by: LimLims on May 31, 2019, 06:47:36 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

Bitcoin exchange is a place where you can exchange cryptos like Bitcoin with Fiat.
If you also somehow manage to earn some money or BTC , then you can exchange it there, and can get fiat money.
Moreover always beware of new exchanges.
They can scam you anytime and anyhow.
Always go for the reputable ones so that you dont end with scams.


Title: Re: Bitcoin exchange
Post by: mersal on May 31, 2019, 08:33:26 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

Bitcoin exchange is a place where you can exchange cryptos like Bitcoin with Fiat.
If you also somehow manage to earn some money or BTC , then you can exchange it there, and can get fiat money.
Moreover always beware of new exchanges.
They can scam you anytime and anyhow.
Always go for the reputable ones so that you dont end with scams.
Many newbies send bitcoin to wrong address and end up losing everything they have got so as newbie they also need to learn about bitcoin and forked coins which also might have the same address format but sending bitcoin to those address will result in permanent loss.


Title: Re: Bitcoin exchange
Post by: Vadimka777 on May 31, 2019, 12:31:19 PM
I highly recommend www.btc-exchange.com  (http://www.btc-exchange.com), I found them last year and it is very easy to use. Moreover, they have almost instant FIAT deposits and withdrawals, usually, it is processed in an hour, but it is worth to mention, that they work only with one bank right now, so you have to be a customer of that bank in order to do fast transactions.

Another exchange is bitstamp.com they are also very fast and easy to use. Only one drawback that their onboarding process is sometimes slow..


Title: Re: Bitcoin exchange
Post by: voltesbit777 on May 31, 2019, 01:43:49 PM
Currently, Binance is the most popular bitcoin exchange. Its low transaction fees encourage traders to transact in Binance. But, you need to consider also other bitcoin exchange by reading reviews. Just always remember that every exchange has their own capability and security protocols. Inspite of this, every bitcoin exchange is prone to hackers.


Title: Re: Bitcoin exchange
Post by: Amit29 on May 31, 2019, 02:06:25 PM
Blockchain  is the best  exchange :     ???


Title: Re: Bitcoin exchange
Post by: mersal on June 01, 2019, 03:11:14 AM
Blockchain  is the best  exchange :     ???
What?

Blockchain is not an exchange,if you are saying about the shapeshit on blockchain.com wallet then it is not going to give best prices.


Title: Re: Bitcoin exchange
Post by: iged_war on June 01, 2019, 04:13:52 AM
Currently, Binance is the most popular bitcoin exchange. Its low transaction fees encourage traders to transact in Binance. But, you need to consider also other bitcoin exchange by reading reviews. Just always remember that every exchange has their own capability and security protocols. Inspite of this, every bitcoin exchange is prone to hackers.
each exchanges have different security protocols.and this is be main factors why we have to choose good exchanges besides its volume itself.binance as best exchanges at this time provide this feature too.


Title: Re: Bitcoin exchange
Post by: ginobitcoiner on June 01, 2019, 08:35:32 AM
You can make Binance or Okex to be the best exchanger, actually almost all exchangers provide a bitcoin pair. or you can choose a local exchanger in your country, so you can exchange bitcoin on your country's FIAT currency.


Title: Re: Bitcoin exchange
Post by: Adhichan on June 01, 2019, 09:41:24 AM
You can make Binance or Okex to be the best exchanger, actually almost all exchangers provide a bitcoin pair. or you can choose a local exchanger in your country, so you can exchange bitcoin on your country's FIAT currency.
we have many options to choose which is exchanges that suitable with us.maybe binance could our choice , as biggest crypto exchanges binance provide many feature to us.


Title: Re: Bitcoin exchange
Post by: MrPiggles on June 01, 2019, 11:51:30 AM
During this time I hold several exchanges, but what I often use is binance and indodax. Because binance is the largest exchange and not easy coins that do not have the potential to be listed on the exchange. I recommend the exchange.
I have never seen much reason to hold more exchanges than just binance, I don’t even have any backup exchange because I know that binance has all that I need from trading volume to low fees and to having the list of coins that is necessary to really make one rich in this cryptocurrency.

Hardly would you see record of shitcoin on binance exchange unlike other exchanges. Binance takes proper record of the type of projects they register which is even stricter now with the introduction of their IEO, which means any coin that wishes to register on binance must be quality project with quality product and outstanding team members.
For Binance, even if the project has money then it is very difficult to have the opportunity listed here because most projects in this exchange always have very strict censorship and have to undergo many other procedures. One of the projects that does not cost any fee is ATOM and that is the project that almost all exchanges must list because the potential of that project is too big and the technology of ATOM can change This whole market in the near future. Anyway, if you choose a good exchange, you can be assured of long-term investment without having to worry too much


Title: Re: Bitcoin exchange
Post by: Joyawan13 on June 01, 2019, 01:02:08 PM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
indeed, there are now many exchanges to be able to buy or use it as trading for bitcoin or other altcoins, everyone has different beliefs and choices to be able to buy bitcoin on one of the existing exchanges, so choose an exchange that many people use as trading and buying bitcoin and for example you don't want to trade and you just want to buy bitcoin and save it in the future, save your bitcoin in a hard wallet, and my advice is not to save your bitcoin in exchange, because for me this is very risky.


Title: Re: Bitcoin exchange
Post by: airdagon on June 01, 2019, 02:07:01 PM
For now, I recommend you to use Binance Exchange, because Binance is the best exchanger now, because there are lots of coins traded at high volume


Title: Re: Bitcoin exchange
Post by: guoyu78 on June 03, 2019, 08:19:22 AM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

Bitcoin exchange is a place where you can exchange cryptos like Bitcoin with Fiat.
If you also somehow manage to earn some money or BTC , then you can exchange it there, and can get fiat money.
Moreover always beware of new exchanges.
They can scam you anytime and anyhow.
Always go for the reputable ones so that you dont end with scams.
That is right, reputable exchanges are better used, especially the ones at the top like Binance, although I would not say we should not have new exchanges, but I don’t think it is even necessary for now, most new exchanges don’t have volume and they end up turning to a scam, because it is the act of scam that will make an exchange manipulate their volume.

I consider volume a lot when it comes to trading but at the same time, I will be careful not to just base it on that alone, which is why I he should also check reviews. With reviews, one will know if such exchange is satisfying its users or not.


Title: Re: Bitcoin exchange
Post by: Kasabus on June 03, 2019, 09:33:53 AM
For now, I recommend you to use Binance Exchange, because Binance is the best exchanger now, because there are lots of coins traded at high volume
No doubt they are the best exchange, but newbie should know that they are hacked recently and luckily customers funds were not affected.
However, let that be a lesson for newbie to avoid storing coins in an exchange because next time, it's possible that their SAFU fund won't be enough to cover the losses.


Title: Re: Bitcoin exchange
Post by: CryptoToxicAvenger on June 03, 2019, 10:19:52 PM
There is no better exchange for bitcoin. There are a lot of exchanges and each has its pros and cons, but they all have trade with bitcoins. You can choose any and trade there.


Title: Re: Bitcoin exchange
Post by: lovesybitz on June 03, 2019, 11:26:49 PM
I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

There are lot of exchange where you can start with trading. We have Okex, Houbi, Dobi, Binance, Coinbene, Idax and Digifinex.
Don't use an exchange that has no big impact to the community investors, your capital might get wreck only if you choose the wrong one.


Title: Re: Bitcoin exchange
Post by: Dreamchaser21 on June 03, 2019, 11:54:38 PM
There is no better exchange for bitcoin. There are a lot of exchanges and each has its pros and cons, but they all have trade with bitcoins. You can choose any and trade there.
Yes, exchanges have their own advantages and disadvantages the better exchange is the one who meet your expectation and the one where you always trade. Bitcoin exchange are good if they have more real volumes, so still choose a better exchange and learn more.


Title: Re: Bitcoin exchange
Post by: Malamok101 on June 04, 2019, 10:37:27 AM
Best exchanges find in coinmarketcap also which have a real volume and price bitcoin price is always same price to other market to buy a fair price and stable coin.


Title: Re: Bitcoin exchange
Post by: sana54210 on June 08, 2019, 06:58:29 AM
For now, I recommend you to use Binance Exchange, because Binance is the best exchanger now, because there are lots of coins traded at high volume
No doubt they are the best exchange, but newbie should know that they are hacked recently and luckily customers funds were not affected.
However, let that be a lesson for newbie to avoid storing coins in an exchange because next time, it's possible that their SAFU fund won't be enough to cover the losses.
I really do hate it that binance could allow that to happen; now when we make reference to this wonderful exchange, we still mention that. I am happy they have been able to overcome it and the hype has continued. One thing I really love about Binance community is that they really stood by them, it was as if people ignore what happened and continued with their support for them.

I am sure all their enemies would have backed down now, I mean all these exchanges that have always tried to tarnish the image of binance just because of their own selfish interest and I am really suspecting that one of these exchanges that are bitter about binance is actually involved in this fraudulent activity.


Title: Re: Bitcoin exchange
Post by: coinhunt on June 27, 2019, 01:00:42 PM
Every exchange will offer you bitcoin pairs. The list of exchanges is very extensive. There are some factors to consider that will help you to reduce the list to several best candidates. First and foremost, it’s level of security. I think the fact the platform hasn’t been hacked is a good indicator. Moreover, the number of unhacked exchanges isn’t large - https://cryptonews.com/news/who-remains-in-the-unhacked-exchange-club-after-binance-dram-3825.htm.
Further, you can filter them out focusing on such things as trading fees, payment methods, fiat cryptocurrency support, liquidity, etc. It depends on which aspects you prioritize more.
I prefer CEX because it allows fiat to crypto trading: https://cex.io/zec-usd. I like the user-friendly and intuitive interface too. Most importantly, this platform is in the list of unhacked crypto exchanges.