Bitcoin Forum

Hey guys!

I think this can be very useful to someone who is starting out or maybe wants to change exchange because of some rates or something.

So I added some exchanges on one page where you can choose one post and read it trough.

If you want to see a review/alternative for some exchange, let me know and I'll see what I can do.

Here is the page that I am talking about - https://paybis.com/blog/exchange-alternatives/

I am not in accordance with your list because what you have listed on that page are exchanges with flaw, the two popular ones that I found there are Coinbase and Polenix, for Coinbase, I didn’t think I have any issue with them, US traders that are using it more are the one  that can really give review in how the exchange has been performing, but you see Polenix, I would not recommend them because ever since they came back the second time, after Bittrex and binance pushed them away, it has been one complain or the other from some of their users, of which I know some of them personally, so I would really not go with Polenix.

I am not even seen binance, kucoin and some other ones on your list, these are the exchanges that I expected that you should have listed first.

Poloniex exchange also before is really one of the best exchange before, especially when I am starting to enter in the world of cryptocurrencies. As time goes by newly created and public exchange starting to pop.
I saw the list but some of them are not popular, first time I saw. For sure those exchange has very low volume which is red flag for me once the volume is not that huge.

Thrre are a lot of exchanges out there but what matters is that they are not the best but they are trusted.

I will not be stating these sites since I know the time you are reading this, you are thinking some.

I read some of your articles, they are great and you are doing a good job but you do not succeed in this article.
Finding an alternative to the platform varies from user to user so when you want to compare the platforms you give the pros and cons and your personal opinion then leave the opportunity for the user to choose the ideal platform.
Points to focus on are
 - legal restrictions.
 - technical support.
 - fees.
 - security.

Note: pros may be cons to another user and vice versa.

Reading about your blog, and i guest it's good, and good way to reach more members. Nowadays many company launch their exchange, and personally before i used new exchange i will check their
- Legal issue, i need to know about legal issue and also their team behind the services
- test customer support, will joining as member (passive member) and make small issue/test to know their performance.
- and also security, but this is not my field so wait review from trusted member. but i have my own standart security to pass

Sometimes i choose lose around $3 upto $10 to test rather than lose more fund

We can see hundreds of operating exchanges currently but most of them are not good for the people to use it since the trading volume might low or they don't have the pairs to trade our coin but there are some top exchange like binance ruling the market at the moment since they have huge volume andlow fee which lure more traders who are doing trades more often.

Maybe people will still prefer to old and reputable one.  We know new exchanges always come, but a lot of factors can be problem and make people worry to trade in there. Include me maybe, not really into new exchange except when to sell my tokens and no market else. Because we can't do careless thing if it is about our money and our investment.

in the post that you made, I only saw coinbase, mercado, cex and also poloniex, out of those four, only coinbase and poloniex which in my opinion are good,
but I want to know more, your personal reasons for choosing mercado and cex?
because according to

Binance is a known exchange and high trading volume is what makes it possible for all investors to liquidate anytime they want. I would love to use this exchange because the withdrawals and deposits are so fast and the cheap fee is the reason I chose this exchange. Although this exchange has been hacked, it cannot cause customers to abandon this exchange because this is the largest financial exchange in this market.

I think a couple list of exchanges on your blog is no longer the best.

Coinbase is limited only to American citizens.

Poloniex has been abandoned by many traders, especially when they no longer have a trollbox (forgetting the exact name, a chat place for fellow traders), many issues there and the most severe is the ticket support that takes a long time to response.

CEX I don't use them after their shut down the mining.

At the moment I prefer to use Bittrex Binance and Indodax (local exchange on my area).

The alternative exchanges you listed in your blog have low volumes.  Without liquidity on exchange trade wont be as profitable as its supposed to be. I will kindly ask that you include exchange with real and big volume to accommodate large amount of trades

Poloniex is done, so is HitBTC and Yobit. But those exchanges used to be the best one during 2017. But poor support and lots of complains causes them to lost so many traders.

I though they have Coinbase UK? I might be wrong.

Binance, OKEx and you wouldn't believed, when I was just a beginner, I used to play with Livecoin.

But @OP is discussing alternative exchanges so it's only natural that  exchanges mentioned @OP are still unfamiliar or don't have much interest. From  exchange you mentioned Bittrex and Binance are still one of primary exchanges and cannot be called an alternative exchange. Maybe for me an alternative exchange is an exchange that is still relatively new and has a good reputation in near future.

Perhaps the alternative crypto exchanges are like kucoin, crex24, or else which don't have a huge daily volume trading. I guess poloniex, bittrex have its popularity among the traders, but still, binance get popularity than the other exchanges. But we cannot expect to see the flash pump can happen in the alternative exchanges because usually, the flash pump will happen in the big exchanges.

You need to decide on which exchange you want to trade so you can manage your money to trade. You don't have to choose the alternative exchange if you don't want. And you must search what exchange that will suit you want.

Binance for me, so I would say that this the best that suits my need.

OKEx - had a good trade early in 2018 no problem at all.

However, this is just my personal opinion, others might not like it because it's centralised, and there are people who would rather play on DEX. So it's up to the individual itself, as to what suits your need as a trader.

Poloniex, in past really be favourite by a lot of people. Coins which listed in there will always pumped and in Poloniex always have big volume trading activity. But now, a lot exchanger have problem with regulation and maybe in future, next era of exchanges will be come again and change Binance as big exchange for now.

Any exchanges might be hacked but binance had that enough funds to recover from the lost funds.

BNB made binance to reach the next level since by using that traders can further reduction on the trading fee and also it caused BNB to reach higher demand.

But no perfect exchange available,just trade on the current good exchange which maybe changed later.

Exchanges that are best to stick with are still the top 10 exchanges, and I think ever since they have been listed as top 10 exchanges, they have never dropped or seized to being the top 10 exchanges that we have in the market. Despite the fact that Binance exchange was hacked, I think I can still beat my chest for exchange like Binance, because of their reputation, the hacking was just as a result of some people that are just there to discredit their name for some personal reasons that they have with them.

Other than that hacking, I am not sure that Binance has ever disappointed anyone before even in terms of fees, their fee is still the lowest fee that you can ever see in the market till date, and I think they have the simplest platform too for most traders, other exchanges that I can still beat my chest for are kucoin and the others.

I must admit your digital marketing capability is great! You indeed researched a lot about an exchange and drawn out every negative points about it, then redirected us to the paybis exchange with a greatly written comparison so that everyone understands the benefit of using Paybis over other exchanges. You should start your own blog and start providing ratings to the exchanges. You are good at it!

For me, Binance is best! Let me know if any other exchange has "SAFU"?

If anyone is looking for futures trading platforms, we have compiled a list for everyone's reference.
https://www.basefex.com/docs/crypto-futures-exchanges-comparison

BaseFEX Team

There was a lot of exchanger in the online platform . I am using some exchanger like as bittrex,binance and recenly use coinexchage and whitbit exchange . I think binance and bittrex is more secured and strong exchanger in my experience .But you cannot find all coin in one exchaner so you need to use a different type of exchanger and get another experience.Recently i am using coinexchage and its fast and smooth and no need to verify immediately so i am recommended to this site.

In my opinion Coinbase is the best
Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins, ethereum, litecoin and many other coins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.

Customers in the above-mentioned countries can purchase cryptocurrency by debit card, bank transfer, SEPA transfer, and more.

so far, I think there have been so many good exchangers that have become everyone's alternatives. I myself do not use any of the exchangers recommended in that article. I use coinbase and poloniex at the beginning I know bitcoin, or cryptocurreny. at the moment, i use binance, kucoin, and even hitbtc as an alternative, despite many negative comments about it.