Bitcoin Forum

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

In terms of transactions, I don't have any problem using any exchanges because all of them provide the services that they needed to do. In terms of cheap, I choose exchange that have less transaction fee or no transaction fee at all. If you are looking for the kind of exchange too, try using the exchange in my signature called the Cat.ex, it is a transaction mining exchange.

I myself prefer exchanger with a level of security that is not too complicated like midex (it is for daily trading) but if you want to save assets in the market please select coinbase, bittrex, poloniex. for the cost I think it's now almost the same

Is this your gauge how good are exchange is? If yes, then I'm sorry because it's not a good indication, imho. You should look on how exchanges security is. Have they been hacked? Or maybe see feedback about their customer support. Are they responding in a timely manner? Is their support professional? Something along that line. There are a lot of cheapest trading platform in terms of fees but if both of the above is a failure then I wouldn't even deposit on those exchanges.

In different ways it happens, depending on what coins you are send, it happens that the commission for withdrawal bitcoin on the exchange is expensive, and the USDT is cheap or vice versa, you need to look yourself. Usually you can see how much commission before you send coins. Now the speed many blockchain is very fast, sometimes the exchange can process the request for a long time, but here too, in different ways, today everything is good and tomorrow for example more than 2 hours. Binance mostly suits me.

for fast transactions there is nothing cheap, everything is just a lie, if you want a fast transaction, you will definitely be charged a large fee.

I prefer with Poloniex, Bittrex, Binance. All of those exchanges needs 0.0005 btc for the fee, but I think Poloniex has the fastest speed than the other exchanges. I still use those three exchanges to trade, but I use Binance and Bittrex for day trading and only open my Poloniex account if I know that some of my altcoin increase.

I recommend Kucoin, the fee is not that high but you will like its security and how they handle issues and other concerns from their support, these are two features that you want to see in an exchange and of course I'd like to mention they do have a profit sharing so the more you trade the more bonus coins you'll get.

      On the crypto market today, there are many exchanges, many of them less known and used, so it's hard to say which is the cheapest.
When I choose a exchange, I prefer a top-ranked exchange to ensure investment security, even if transaction costs are higher than on other exchanges.
I recommend you to change your choice of exchange, because the most important thing is security against hacking.
Among the most used exchanges: Binance, Kraken.

If I am easier to use idex market..
Because I do not have to send to my ether first with an intelligent contract claim in the token that you want to sell, and that is my favorite market right now..

Firstly, you should pay attention to your safety. Then, investigate "cheaper" ones.
I suggest you look at the ranking in coinmarketcap.

cheap exchange and fast transaction delivery, I don't attention to both. every exchange has that difference but I want asset security only, actually such questions already exist in another thread hoping that someone will find them and show here. recommend binance kucoin bittrex

What the means of fast transaction ? because you ask about exchanges, transaction is all depends on that coin's chain. But if about which is good exchanger, i suggest you to pick big exchanger that already popular.

I think mercatox is the cheapest so far in my opinion
With easy fees and convenient withdrawal charges too

And forkdelata and Idex is cheap too but it’s only for erc20 tokens

I think you will should be effort in reliable exchange. Why searching cheapest exchange, i prefer big exchange such as binance is one of them fastest transaction but fees something high. For secure transaction you never try to get cheap exchange.

Most exchanges have almost the same transaction fee, particularly the prominent ones among them. Among all the exchanges I have been using, the one I ground to have the cheapest transaction fee is Mercatox
Most times, when I want to change any coin into bitcoin, I usually prefer using mercatox, but that is if the coin is listed on it, with btc pair.

Most of them has the same transaction fee I think 0.01% or 0.001% I don't know exactly but most of them doesn't have the same withdrawal fee and minimum withdrawal amount. I think you should choose an exchange not based on the fee but to the security and credibility of the exchange most of the exchange that exist at the moment are purely scam and so don't choose cheap transaction fee over the security of your funds and account.

actually mostly exchange are efficient except scam exchange. Lol  and when it comes which is the cheapest , well i cant tell more because every site had different amount of fees so it's very difficult to make comparison one by one. . But in my own opinion maybe bincance.?  And by the way talking about fast transaction actually for me all because all legitimate and provably fair exchange is very trustworthy no hassle and very smooth always.

The cheapest should be the decentralized exchange site and that consumes less than $0.05 for each transaction but the bad thing is you will need to create any transaction for any transaction in the market and that's it.
Centralized exchange is more expensive than dex

To my experience, Forkdelta and Changelly are the most efficient.
Binance and Coinbase the most trusted.

I'd have included Shapeshift but they cockblocked everyone with kyc so they're off my list.

Beyond that, I also find Duckdice's exchange pretty nifty at times.

i dont really mind to spend a little bit but give you more secure experience
i choose to use big exchange with populer and really quit strong in security

You can decrease you fee on Binance by using BNB coin and it looks the most cheapest exchange on my view and also trusted one too.You need to see your coin first before choosing the exchange because the price may gets varies on exchanges so pick the exchange when the price is high if you want to sell and don't look for the fees.

Mercatox is not a popular site so most the valuable tokens and coins are not available in this exchanges. Transaction fees is varied in each exchange so we not said all the exchanges are almost same and I would like to participate in Binance exchange because this will be a perfect suit for me.

The biggest issues that we face are high trading fees, high withdrawal fee.etc. Most of the big exchanges such as Livecoin and Bittrex have higher fee structure. If you want to save, then you should go for the less known exchanges such as Yobit. But I would always go for the more trustworthy exchanges, as I can't risk losing my coins.

In my opinion exchange was very efficient in determining fees and I preferred a decentralized exchange because in my opinion it was a fairly cheap fee
In my opinion, don't see cheap money or fast transactions, but look at security of exchange

For me at the moment, such an exchange is Binance. I also like Bittrex and Poloniex for these parameters.

Many exchanges of various types of platforms and that depends on what tokens you have, can you mention what tokens you want to sell and what platform to use? so that you are not wrong in making transactions that can result in your token being lost.

You can choose Binance and OKEX, both of is the best exchange I've used until now. Fee is cheap, fast of transaction and high volume for trade.

I would choose Bittrex. A huge number of pairs to trade, good support, many years of experience. On this exchange, one of the smallest taxes on the withdrawal of BTC.

depends on my experience,, i think for now binance and bittrex is the best exchange
both exchange are good,, with a lot of excess inside the platform my friend,,
but i heard a lot of people said if the future of cryptocurrency exchange is decentralized,, but, who knows  ;)

Obviously binance is the best that is the main reason why it has been able to attract most of the users and the volume on their platform and maybe also due to a proactive ceo, binance has worked out really well because thay have really delivered.

Binance will qualify in this case, the exchange has good security, good customer care, fast trading. But in terms of withdrawal, it isn't that fast, but still good to go. From my experience, Binance and Idax are good exchanges.

Of a truth I can't say which exchange is the cheapest, but in terms of being fast I think Hotbit withdrawal is very fast. Also, in terms of volume, security, good user interface Binance passed.

If you ask which altcoins is the cheapest and which is the fastest, there are tons of it and i cannot even explain it. A lot of the cheapest altcoins had no volumes.

In my own way, I will say what makes an exchange efficient is security, this is in fact the most important as users needs to be sure their assets are secured. Also, fast deposit and withdrawal also counts, in addition  UI. With all these, Binance exchange fits all. Bittrex also is efficient.

The problem is that cheap transactions exist on little-known exchanges or on decentralized exchanges. However, these exchanges have very small trading volumes and there you can earn little profit. On large exchanges, large trading volumes and high commissions.

I also use these exchanges. I even do exactly the same as you. I think it's ok, because these are the best exchanges.

What does mean by the "Cheapest'? You mean the low withdraw fee? then I think coinbene has the lowest withdraw fee for the Ethereum and they are fast too. But I am afraid, Coinbene's majority volume is fake! Personally, I prefer Binance, Huboi and Poloneix exchanges! These exchanges are safe and trusted and their volume is real except huobi!

I have only used a few exchangers and in my opinion the cheapest is IDEX, the process is quite fast and the response is also good because IDEX also has many users and the most important thing is IDEX is safe and easy to use because we only need to open our wallet without verification of KYC

KUCOIN, IDAX and many exchanges are good to use. the trasfer speed is not a problem.
All you need to have is the volume of the token you want to trade.
just make sure you are always safe and on the right link.

I'm still using IDEX.

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After being accepted to the codex.one signature campaign, I'm starting to navigate all over the exchange. I'll update you with my experience here and also you can try it out.

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Binance is also efficient.

The cheapest on fee if you can do KYC and want to buy with fiat money then i think coinbase is for you, (pro coinbase), but if you want to use another to just exchange your altcoin to bitcoin or bitcoin to altcoins then use Binance, is the most safer and easy to use.

I don't really get what you are trying to refer about when you talk cheap and fastest, because most of the exchange in existence actually carry out transaction in same speed, it just depends on the order that has been placed by another user on that exchange since trading is peer to peer, though for transaction fee, I can say that binance is a good one to check out because they don't just have a very low trading fees, but they also have a very secured platform which is very good for traders due to the fact that we have seen how a lot of exchanges have been hacked.

In my view, efficiency of an exchange should be measured in terms of liquidity and availability of trading pairs. I assume no single exchange could cover all the available crypto coins and tokens hence at least liquidity must determine their efficiency.

Use binance, well there is no cheapest fee offered by an exchange mostly they have the same fee for example 0.0005 withdrawal fee of btc and thats not high or cheap. Everyone can afford to spend this worth of money in a transaction fee. Were earning too much for using their exchange and treat fees for simple thanks to them.

Yes, I know basically every exchange has its own features. For that I want to find a very easy to use and safe. Especially cheap transaction fees, thank you for your advice on CATEX exchange and I will try to use it.

There are three things I always consider in an exchange which are the transactions fees the security level and the fastness in carrying out transactions, because once this three things are in place every other things are just addition that is why I always use Binance.

binance is now an exchange that is highly trusted by traders and crypto investors. not only comfortable but big name binance is also famous for its large trading volume. even defeated the first popular bittrex and poloniex.

From my experience the best exchanges are Bittrex and Polinex and we are talking about everything here from transactions and fees to security and support. Also this are some of the popular ones so you should have no problem using them.

Most exchange have 0.10% to 0.20% in trading fees which is pretty much the standard nowadays. What you should check is the Withdrawal fees specially in Bitcoin. Most exchange have exaggerated fees asking for 0.001 BTC for a withdrawal but in reality they only pay 5k sats in fees.

Cheapest what? Be more specific..


If you are talking about the withdrawal fee then I would recommend IDAX, they have the cheapest, most exchanges charge 0.0005  BTC
per withdrawal and some even higher. However, if you are looking for a good volume, I would recommend Binance, you can save the withdrawal fee if you will control your withdrawal transaction or make a schedule of it.

Cheapest on trading fee or withdrawal fee? I think most of exchange have the same trading fee, and for withdrawal fee small exchange usually have a big fee like 0.001 BTC to withdrawal, some big exchange like binance only have 0.0005 fee, it's even lower if you use BNB token.

Usually exchange fees are very close together. The important thing is to have a secure exchange market. I do not think you will experience speed problems in the first 10 proven exchanges.

Funny mate, when did coinbase become cheaper than Binance and in what way because for now, which is even all over the internet and anywhere you want to search it, Binance still has the cheapest fee from trading to other fees.

Expect it is of recent that coinbase outrun them which I am not aware of or read anywhere, so if you could shows us proof, then maybe I will believe you, have used coinbase in the past before I finally migrated to Binance after several other exchanges has disappointed me, though coinbasehas never disappointed me in transaction but I migrated to Binance because of their very low trading fee.

I reccomend you Binance, it's a good exchange trusted by everyone, with lots of coins listed and good fees. Don't look only at cheapest fees because security and reputation is very important in this crypto world.

I don't search the cheapest exchange. I use the ones who have a high trustworthiness level, security, popularity, etc. Usually the major exchanges don't have too expensive fees as well. I recommend Binance or Bittrex. ;)

Bittrex and Binance, for the global exchanges, those are considered having faster and more affordable exchange rates.
However, it may also depend on each exchange in your country.
The exchange such as Indodax and also new exchange KoinX also have the big chance to be preference.

I would likely to say that my top exchange was binance, it never make me feel disappointed when using it, fast and reliable volume for the coin being trade. More good about binance is your wallet is much safer than the other. Binance hold a good reputation so to maintain the positive outlooks of the project they make their best to offer a good exchange

Chose bitrex and kukoin, because binance and huobi dont accept users from my country.

Binance, well I did use it a few weeks ago. And actually I also understand that withdrawal fees in exchange are almost not much different, in the sense that they are not too expensive. Then have you ever used BitMEX and OKEX? Thank you in advance.

In terms of transaction speed there is no issue the f you use big exchanges like binance, huobi, okex, kucoin, bittrex their is even more. But the transaction fees if you want to avoid transaction fees then go for decentralised exchanges which has very low transaction fees. There is centralised exchange like vobinhood who have no trade fees. But the problem is you have to keep in mind that there is one more factor called security. And if you want good security then I walways suggest go for any big exchange like binance. I never compromised this aspect and I will never do in the future. Better I would pay some trade fees.

İ don't agree with this statement and there are more stuff than we think about speed of deposits on big exchanges. Hitbtc takes more than 5 usd equivalent crypto payment for single withdrawal and this is perfect example for this argument.

When looking for an efficient exchange you should look at transaction fees, deposit/withdrawal conditions, customer
support, liquidity, coin offering etc. and make decision which one suits your requirement. For me Binance and
Bittrex fulfil my expectations.

I think when t comes to cost of transaction, kucoin and perhaps idax are not as such cheap. They charge what normal global exchanges charge as transaction fees. There are still some other exchanges cheaper than the two. Although, i will agree on efficiency of the exchanges.

What coin interests you? It is necessary to search for a stock exchange on the coins you are interested in - where the volume of trade is the most, there is a trade there. Just remember that many exchanges artificially increase their trading volumes in order to come out on top of the list.

You !might first need to consider what you want to trade before choosing an exchange. Then you consider the security of the exchange, because there are some exchange that would claim no transaction for e, they they are scam exchanges.
So, use a reliable exchange even if you would have to pay some fee

Bittrex is really very popular exchange like Binance. Poloniex Exchange https://poloniex.com just listing only over hundred of coins.
Bittrex account sign up is now very difficult, first of all you have to contact with support than you can create. I submitted KYC document for third time than approved.

Binance got trust from most of the traders that is why they are at the top in very less time frame when compared to other exchanges so it is one of the efficient exchange and their fee also cheap when you use BNB.

I would like to suggest you Kucoin because I always find it as a faster site and easy to use. Bitcoin withdraw is only 0.0005 and you will get withdraw payment within couple of minutes. For me, I get usually within 10 minutes. I think it's too fastest.

I see besides BTC and ETH, XLM is a coin that is very fast when we make transactions. And transaction costs are also very cheap. Or you can choose Dogecoin, the transaction fee is only 2 Doge. But what is certain is that transaction costs depend on markets exchange.

Yes, fees doesn’t really matter to me. The most important I will always consider is the level of security of an exchange. Coinbase is one of the best when it comes to keeping their platform safe and secured, but some people complain that their fees are too high. I have used Coinbase and that wasn’t really my problem, I didn’t for once think their fees were high. If not Coinbase, then Binance or Huobi can make a good choice and I believe these two charge less than Coinbase.

If OP is looking for an exchange that is not going to charge any fees at all, then you’re wasting your time. No real exchange will offer services without charging fees, cause it’s through those fees they charge that they make their own money. If they don’t charge fees for the services they offer then how are they going to make money? So, you just got to search for one with less fees.

Yes, you seem to have been using binance for a long time and you are already experienced with many excellent features in binance. I've also used it, but this time I want to find out about some other exchanges. Have you ever used Bitmax and Bittrex so far? Thank you in advance.

Doge coin? I have never even tried to have it in my wallet until now. I know that Doge is a pretty good altcoin for investment, but I still choose ethereum as the right choice in my trading strategy. Thank you for your advice, I really respect every opinion here. Have you ever used Bitmax or Binance in your exchange?

the fees on the exchange are are fix and does not depend on the coin that you are trading with   . while if use your cryptos for a currency use like for example using it to pay someone or buy something  , the fees will differ depending on your coin choice  .  and yes , dogie coin is the best when its comes to this because doge coin has a cheap fee compare to other altcoins out there .

Some exchange offers rebates or fees discount when you reach a certain amount of trading volume, Just like in crex24 i just lowered by tradings fees to 0.08% after trading 2 BTC worth in one day.

Its true trading with doge pair will save fees, but the difference in price of a coin between BTC and Doge pair varies due to BTC having the most volume.

In the past few days I have observed several exchanges and also doge coin. It seems like your advice is right for me to choose as a choice. And I want to try it this week. Thank you very much, very useful. Hopefully you are always successful.

The fee is necessary for every exchange and I don't see any exchange that has no fee at all, fee is what gives them income and what makes them continue their operation. They also have an OPEX, how can they cover those if they don't have a fee.

Actually, fee is not a problem if we us a trader are good in making money, it's just like a tax we are paying out from our winnings.

Those exchange in which are good based on my experienced are Kucoin, Idax, Coinbene, Bitforex, Exmarket, Okex, Houbi,
and sometimes Bittrex. But the among these is Kucoin in my opinion. But you can still make a research about different platform
at the coinmarketcap.

Coinex is pretty nice, the withdrawal fees are very modest, it is free of bitcoins cash as they are sort of a branch of viabtc.com which own a mining pool. Withdrawal is also timely. Trade fee can be almost zero if you are using the exchange token CET.