Bitcoin Forum

Hi Everyone,

I hope you're having a great week. I wrote up an article to discuss the 7 best cryptocurrency exchanges currently available in the market.

https://medium.com/@ShrimpyApp/the-7-best-cryptocurrency-exchanges-in-2019-e2b4539acb88

Let me know what you think about the list. I'd love to hear your feedback!

These trading sites were among of the popular and trusted on particular listed coins. I'd love to hear great feedback on these sites and as binance included with them, that's very important aspect specially bnb now is gaining popularity among other altcoins.

I remove 2 of your exchange list on my exchange list.

• Poloniex
• Bittrex

Because they have some problem on the platform, you already describe the problem from the article. Honestly i only using 2 of your exchange Binance & Huobi.

That Kucoin as top point among other is a reflection that it is like that, even many people say Binance more but Kucoin is easier to use. I guess the review shall include volume of each exchange, it is able to reflect top exchange as reviewed by more people

I think Bittrex should be removed from that list. Because Bittrex currently no longer offers many good services, they are being strictly controlled by the US government.
The most recent bad event was that they were forced to delist more than 30 alts on their exchanges due to security issues.
It is really a big loss for many investors and the choice is not much anymore.
sooner or later, Bittrex will also go into a dead end.

why did you delete the two exchanges? I think the two exchanges are still worthy of being called the best exchange. And what problem do you mean? you should provide the basis of your statement. Because so far I have no significant problems in the two exchanges. Well, it's just a matter of new regulations found in Bitrex, because Bittrex is an exchange that is proposed in the US, so they must follow all regulations in the US.


They stand in the US, they should obey all regulations that are there. We can't blame Bittrex, because I'm sure if Bittrex is not established in the US they won't be that tight. Even this regulation is not intended for Bittrex, but this is intended for all US citizens who are in the crypto business. But here I still think Bittrex is the best exchange, despite all the crazy regulations of Trump.

Bittrex was the best exchange in 2017  ;D. I still remember when it was like the current binance at that time and every coin / token that is about to be listed on bittrex is pumping so hard just like every recent coin / token that is about to be listed on binance these days.

Now bittrex have already lost too much volume.

What is the standard in categorizing these platforms? Is this arrangement true or is decentralized?
I do not think (KuCoin, Bittrex) will be the first for many reasons. The classification must be based on measures and give points for each scale, which I do not find in this article.
Generally, regulatory restrictions are the most important criterion, meaning that the classification is based on the state, and then the other criteria are important, such as fees, trading volume, etc.

Some exchange are not that good, but I have to remain loyal to Poloniex and Binance those exchange are really good. I also believe that this is worth sharing for, because newbies are usually fall on a wrong exchange, they this list for sure.

I have just one disagreement with this list and that is kraken. I have used them for years because of one business I have that requires me kraken account at all times and they suck, their "beginner friendliness" is definitely not three stars, if there was anything lower than zero stars I would pick that. Plus their UX is so bad and so unusable that people would have to spend days to figure out what is what.

Kraken could be the worse exchange I have ever used and I am still using it for that business I talked about. I have used small time exchanges that literally have less than half of its volume and they were running the business a lot better. All other exchanges I can support, I like them in their rating as well and ranking too but not kraken they are super bad.

Too bad people now move to exchange that support new tokens to listed. Maybe if Bittrex and Poloniex in past not really strict about tokens that want to list in their exchanges maybe a lot of people will stay to trade in there.

I was surprised to see those too exchanges listed too. The exchange industry is a very competitive one so once you go off media coverage or stop improving on your product, you become less important and don't make much impact to the success of a project via price gain through volume coming from your exchange and that's exactly what those two exchanges highlighted above are experiencing. Back then they were the best, my very first Centralized exchange was poloniex but the lack of them listing new tokens during the 2016/2017 altcoin gold rush made then lose customers I was one of those as I stopped using the exchange.

The listed of yours crypto currency exchange are actually too good. I also trade with those exchanges and it's really easy too trade with those exchange. But i can't agree with Polonix because somehow i don't like to trade there. Some critical thing like trading platform didn't thing too much easy and smooth like binance or coinbase. And my opinion binance is the top rated exchange of in your list.

Both Polo and Bittrex are in the crypto industry for so long already.
Though some might find them not a good exchange to go to, but for me, I trust these 2 exchanges as compared to new ones.
There was a time also that I stored my btc in Polo, and nothing unusual happened to me.
So I believe people have different perspectives on this matter. As long as it caters to me in what I deemed is right, I think that's one good exchange to go to.

Well, I don't know about the Bitrex but Poloniex had some issues with customer service.and there were also some scam accusations. Here on forum were threads on that. I know that users have different views on how exchange services should look like and often they don't read or don't stick to terms and services but whenever there are doubts I'll be very careful.in judgement of quality.

Sorry mate do not be offended but I respect your words about the exchange listed you aren't using bittrex and poliniex. I know binance as well is one of the most dominant exchange in cryptos. I think there nothing problem or irregularities for bittrex amd poloniex use for trading i think depends on the people's choice what exchange he/she can use for their convunce until now i use bittrex and poliniex is very friendly to use for me.

Not certain what his problem is but I would second one of his choice. Don't know much about Bittrex, but Ploniex has a vast amount of complaints, scam accusation and support problem. I guess you must not use an exchange which has a lot of complaint here.

The discussion here isn't about good exchanges, if it were we have many good ones out there. we're speakings of best of the best exchanges currently in the market. Tge two I highlighted from tge list, never said they were not good (cause they were) remember I indicated i once used them at some stages of my cryptocurrency journey. But when you're classifying exchanges, there are some current factors you consider, like; trading volumes and their impact on the grown of projects. Availability of more trading pairs etc. Poloniex and bittrex were onces at the top of the fruit chain but now they're closer to the button. We have exchanges like OKEX that wasn't mention when they're currently one of the best out there.

I don't think Poloniex is on this list. It should be replaced by MXC. one of China's best exchanges at the moment.
MXC has a huge capital to pump all the tokens or alts listed on their exchanges to demonstrate their financial strength.

Biannce is always the first choice of everyone and this is what makes this exchange always voted the best exchange at this time. Until now, besides the Binance, there are no exchanges that can compete because most people who join crypto will choose Binance first because this is the exchange with the highest trading volume and you are many options when investing

I agree if Bittrex remove from the list because I have experienced problems there when deposit and the response from their admin is very bad and slow (my personal experience).

but I do not agree with remove Poloniex from the list because until now I am still comfortable using it and I don't think there is a problem with Poloniex.

Because you dont have a problem at Poloniex, You should know its really hard to contact them went we have a problem at poloniex. The support ticket was really long to reply some people dont have a responce with more than a month.

MCX is not a Chinese exchange. They are located in Singapore. China has done enough to make sure new crypto exchanges can no longer be set up there and the existing ones were forced to shut down.

As for the pumps you refer to, that's a solid reason for me to actually avoid an exchange. Competent exchanges will never pump random coins because it's not professional at all, and more importantly, it's highly illegal.

Also, these pumps might be initiated by money that doesn't exist, so if you try to cash out your profits, the exchange might not have enough funds to allow you to do so. It's not worth the risk.

I guess just a few people who use one exchange when they intend to invest in cryptocurrency. Most of them use several exchange to combine or to make their strategies run well. I often to use arbitrase strategy for my investment and so far it goes well. I've been using binance and bittrex so far and I have no problem when using them. And currently I choose OKEx to take part an IEO project and seems like the exchange is deserve to be called as the best cryptocurrency exchange.

So, for those people who have an idea to build new exchange and they have an ability to compete with the other exchange I believe there is a lot of chance the exchange will be used by most investors. And I believe too sooner or later the new exchange will appear and being part of the best exchange on cryptocurrency and your article will most likely be a temporary reference.

Before my first of best exchange was Bittrex, but when Binance arise here in this field of business in crypto trading, it suddenly change since U.S started to ban crypto to their country. That's the main reason why Bittrex all of a sudden didn't maintain to become in the list of top 5 exchange at the coinmarketcap. But this was just my personal opinion.

Binance still the best exchanges for me although I trade on the other exchanges like poloniex, bittrex, and kucoin. I think in this year, and the next year, we will see something from huobi as I see that they are prepared to be the next of binance. But I am not sure if they can get popular as binance because they need to gain more trader to trade in their site.

Most of them can be seen by just google.
So what is so special with your article?

Should have wrote that too in your thread to make readers here click it more.
I didnt read it all. Just looked at the list which I think is just a normal list with other article creators out there.

I guess we cannot say which one is the best. There are several of them, including these ones that you have mentioned. Simply, for me, everything depends on the rates of the exchange operations and on the availability of the pairs to make this exchange.
Binance seems to be the most universal exchange. It has many cryptocurrencies, and the rate there are good.

You are right on point onall the exchanges that was being mentioned there except Polenix, I am not having the issue with Polenix though and I respect that they have been in the industry for so long, and in fact, Polenix used to be the best of all exchanges in those days before they could not withstand the competition of bittrex and Binance that pushed them off the greed, they tried coming back recently to push more for their relevance, but all I have been hearing about those who is trying to give them chance are complains upon complain, so I think Polenix is already going, while Binance still remains the strongest among them all.

I am watching out for Kucoin too, the step they have been taking lately are really steps to great success, and they might also explode in terms of volume too soon.

KuCoin is on top of the list, as I wrote here for some time, they are very good exchange. They are good in every way, security, volume, their coin is good for trading and for staking and having passive income. A lot of promotions, and the best of all you don`t need to do kyc. List is fine, but except on KuCoin I don`t use others, some of them I stopped using, others are forbidden for me cause of my country, that sucks!

I think you should dabble your head in the crypto industry. Here's a reading material I found that discusses why you should https://noahcoin.org/blog/how-far-can-your-cryptocurrency-go/

Quite true, I have used almost all the popular exchanges at one point or the other especially when I engage in multiple altcoin trading, this was most felt during the 2017 bull run as there isn't one exchanges that has listed all the available coins worth trading. Although in the last few months, i have seen myself stay loyal to trading on just Binance especially from the start of 2019 that's why I consider them the best (for now) like i have earlier said. No previous exchange that I have used has succeded in capturing my attention like they (Binance) have done. The other exchange that almost got close was IDEX but since i couldn't trade coins (just tokens) they couldn't succeed.

Its just a matter of preference though yet i do agree on what you have said and even I do really make use of some various exchangers yet ive been also making some arbitrage on alts as well.It might not having a big gap but at least a considerable profit for you to dive in but those are the days where the market is still on bull run but now when it did go the other way around i do only make few trades on a single exchange like binance.

I seriously don’t know that many Cryptocurrency Exchanges (https://cryptolinks.com/cryptocurrency-exchange) to begin with. I think going that far the list is just unrealistic for majority including myself. I would prefer using something like Coinbase, Binance and several such names. With having these kind of option to work through, it just gives better giving to all and enhances the opportunity as far making returns are concern. So I for sure will say that these are some very finest exchange to use.

For what I'm using now was Kucoin most of the time, then Idax and Bitforex these 3 platform so far are the one were
my coins has been scattered. And on these exchange I got my profit through day trading. in fact, it was a nice experienced
while using there platform I learned a lot too.

Man, I can't stand Kraken.  I've traded there a few times, but they don't offer a lot of coins and the site just isn't as intuitive as other exchanges I've used.  I think they're legitimate (which does say a lot for them), but I'd never use them again.

Never used Huobi or Bittrex, so I can't comment on them, but I've heard good things about both right here on the forum.

Screw Coinbase.  That's all I have to say about them.

Binance is still the best IMO, and Poloniex is probably a close second in my eyes.  Both of them are very easy to use and there hasn't been much in the way of scam accusations against them as far as I know.  Binance even survived that 7000BTC hack, so they've proven that they're the real deal.

Normally I can't stand articles like this, but this one might be very helpful for newbies who don't yet know where to trade.  At the very least, it's not a misleading article and I would say that any noob choosing one of these exchanges isn't likely to get scammed by them.  Thanks for posting the link, OP.

Indeed, the development of cryptocurrency business has begun to spread even in a few days ago I saw some of new exchange who appear in my country. They give a promising offer to crypto user and forced against some people to use their exchange. But yeah I wouldn't be easy to leave some exchange who I have been using them since I know the cryptocurrency for the first time.

Binance exchange is one of the favorite exchange for me, I've getting profit since I using it either when I choose for trading place or even I use it as way to participate on IEO and seems like binance launchpad is one of the best exchange to participate an IEO. However, I never use another exchange that you mentioned because I have enough to use at least three exchanges to gain money on crypto industry.

I am not sure that you really opened that link up or you are probably seeing some doubles because the exchanges that you mentioned here are not different from what he has listed in the link too and you can re-open it to confirm, although the only thing with your own link is that it is a little bit more comprehensive as we could see beyond the 7 great exchanges that he listed,and even if we stop at that 7, I think whoever use out of those 7 exchanges would never have any reason to regret it.

Binance ought to have been the best exchanges with the standard they started with, but unfortunately with all these security issues, I think they have lost a little bit from being the most reliable and I think I will give it to Kucoin for now, they are quite new, but they are trying.

There are many crypto-currency exchanges which are great and promising position in the market. In my opinion, the 7 best exchanges are -

1- Binance : This is the best and number one in 2019.

2- Kucoin : I use many coins and this is my favourite .

3- Bittrex : Bittrex has the best customer supporter.    

4- Hitbtc : It is a high quality exchang.
  
5- coinexchange : I use coinexchange and love it to exchanges.

6- BitMax : This is a fast growing exchange.

7- Coinbase pro : Trading on Coinbase Pro is very promising and aggressive, from beginnin,  i use coinbase and it’s performing so well than more i think.