Bitcoin Forum

Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you

In my opinion,

crypto <-> crypto: Binance
fiat <-> crypto: your local exchange

Not the easiest but heavily recommended for investors(because no-KYC): LocalCryptos, HodlHodl, Bisq

I always find this list useful for people who want a summary for every cryptocurrency that currently exist though the thread is quite outdated for about 8 months now, but it's still pretty useful as most of the top in the list have build their reputation. Just avoid HitBTC as there are multiple scam accusation (https://bitcointalk.org/index.php?topic=5228702.0) that has been published here by other members.

Threads worth checking out:
[1] Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!] (https://bitcointalk.org/index.php?topic=5079048.0)
[2] SCAM ALERT LIST - created by JollyGood (https://bitcointalk.org/index.php?topic=5146438.0)

The best place will be no doubt Binance.
It’s one of the best place and offers a larger variety of markets of other coins.
In BTC the withdrawal fees of Binance is currently 0.0005 BTC and it varies depending on then and BTC price.

If you want some crypto to FIAT exchange then localbitcoins is highly preferable and you can also checkout Paxful.
Though both of the services requires KYC to increase your limits.

That is right. Binance will be the first place for me to buy and sell bitcoin. He can try to do the same as us, and if he wants to avoid the fee in bitcoin, I guess he can use bnb coin as the fee, so the fee will not be too big. Binance will be the best place to trade bitcoin, and with limitations of 2 bitcoin for the withdrawing for the non-verified user, that will enough for them to trade bitcoin. Besides bitcoin, Binance has other altcoins that can give him a profit.

The best place to trade is Binance here not just for BTC but also for other currency exchanges. The official cryptocurrency of the Binance Exchange which allows holders to receive discounts on their Binanace trading fees. BNBO gives Binary Dex decentralized exchange capabilities. With the appliance of the many advantages for Binary Exchange, each makes it suitable for knowledgeable users and novice traders and investors. By investing money for a brief period of your time you'll gain experience through exchanges.

Even though that top-tier exchanges are not perfect at all, I would recommend Binance for trading Bitcoin. This is the most popular cryptocurrency exchange in the world, and I have met him twice last year. So far, this is the undisputed exchange in terms of users, liquidity and trading volume (and of course, giveaway events).

Weekly? Can you share how you can earn on this, is it like a passive incentives for traders? Aside from the profits gained from doing spot trading. My best prefer is binance due to its volume and friendly user platform, I guess majority here could suggest to OP the same since most of users there are familiar already. Curious with the weekly gains you are saying about probit and bitforex. Ive used these two before but they don't have much volume especially on their new projects listed.

The first and most important thing aside from trading is the security of one's assets and this is what OP is looking for. I am not comfortable with the exchanges you have suggested. Bitforex know to selectively scam, lock up people's accounts out of nowhere and list scam IEOs and tokens. The other (probit) is very unpopular. Honestly, it's my first time knowing about.

Why would you suggest shady exchanges

Binance would be the most suggested exchange of all time.

Coinbase is a web wallet and their tandem in trading is their very own Coinbase Pro.

https://pro.coinbase.com/

Binance if you're going for day trading. It's pretty user friendly, and afaik it doesn't need KYC (Except if you're in the US, and if you're trading big amounts), which makes it a lot more accessible for most others. If you're going for big buys though, it'd be better to look for OTC offers, since this is a lot easier imo and wouldn't affect the market that much. Yes, it requires KYC, but heck, you're buying a huge amount, after all, there has to be some sort of security for the sellers on their part.

It all depends on where you live and it depends on what you want to trade. If you want to trade from bitcoin to your fiat currency, you have to find the best one for your own nation, you can't just pick any exchange you want, you can't even technically pick the "best exchange" because you have to pick the one that works with your fiat. However that only works for certain nations, on other nations there are places like coinbase which is still quite fine, and that is with the fiat world.

If you want to trade btc and alts together, without any fiat but just stablecoins, you could simply just go with binance or any exchange like that, which would allow you to continue without disruption. So, basically this all depends on what you want to exchange and what you want to trade, and where you are based from, there is no one correct answer for it.

Have tried kucoin and its kinda decent imo. No mandatory kyc, fast since its CEX and has good fees. In there i usually buy chunks of ETH (https://trade.kucoin.com/ETH-BTC) when i feel like it. They also have a plethora of alts to choose from just like those top exchanges if you wanna venture deep into the crypto markets.

Those three adjectives that you used make up an ideal exchange and that like all other ideal things, don't exist in real but only in dreams. What you need to check is whether the exchanges that your local community used have good acceptance an low number of legit complaints. Then you have to try them out yourself and see which one is working with your needs. What works for one might not work for you.

Also customer support is one of the biggest things to check. Fees for trading will be there, you cannot find one which has very low fees. But still you have screen the options yourself.

Again remeber that complaints are not always legit. Many people attempt to use an exchange to launder money, get blocked and then complain about the site being scam. Ignore these.

Not necessarily binance or bittrex, but any exchange can work out for you. Follow the advice of the users above and mine.

Another thread: Guide to check fees: Taker, maker, deposit, withdrawal, transaction fees (https://bitcointalk.org/index.php?topic=5309545.msg56099148#msg56099148)

Binance is best from taker, maker fees and they run many promotions, contests, giveaways and distributions for users. On Binance, you can use your bitcoin to trade with many altcoins in spot, margin, future trades.

You would beware of risks with new exchanges which can run deposits, trade bonuses but you don't know they are scam exchanges and whether will reject your withdrawal requests. Think of exchange reputation first.

I forgot about Kucoin and yeah I agree that it's also next to Binance in terms of suggestion and convenience. I know that not all exchanges are perfect but in complaints and problems, they're the same as Binance. I hear rare problems about them or I'm not just looking at them whenever somebody just raises it and I entirely miss it.

I've seen them grow quickly and managed to compete with the top exchanges.

List of exchanges (https://coinmarketcap.com/rankings/exchanges) according to the coinmarketcap. It has clear data along with volume, exchange score and all. This will ease your mind in picking the right exchange for trading. If you're looking for cryto to fiat exchange, then you need to go with the local exchange based on your country. Other than that I find localbitcoins to be good in their service, and you need to be cautious to stay away from fraudulent traders.

In my opinion the best place to trade bitcoin is binance and kucoin because currently two exchange sites are popular and secure.Moreover, the withdraw cost of these two exchange sites is less than other exchange sites.

Most of the time, I'm using Binance for crypto <> crypto trades.

I recently moved most of my trades to Ftx.com because they offer much more than Spot & Futures. Ftx also has stocks, leveraged tokens and other interesting products. It sounds a little bit like an ad, but it's nice to see an innovative exchange that deserves to spread the word.

A lot of us saying Binance but with such an emphasize on one exchange I think it's better we place the eggs in different baskets.
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!

If I am not mistaken, it seems that you can withdrawal FIAT from Binance too. Or is it less profitable here than localbitcoins or Paxful? I found some info about Paxful here https://cryptototem.com/paxful-review/, but I'd love to hear from experienced users. Is it really more profitable than using big exchanges like Binance?

Still, you are going to lose money right? Better put the funds in a Ledger and connect them with a decentralized exchange for swapping tokens so our will be secured. Choosing multiple exchanges may cause you to reduce your actual profits because of different fee structures so you will be forced to trade more money than what you actually wanted to do.

I do not understand why there are so many adoptions towards coinbase; it has high charges and it is not available for every country; you have very low trade cap or hodl cap without doing kyc verification. How then do people enjoy trading on that app ? The best platforms you can trade bitcoin is on cex exchanges such as binance, kucoin etc; you get high trading cap with level 1 verification and it is very easy to get verified too unlike coinbase. Check coinmarketcap for the top 10 exchange to trade bitcoin

Since 2018, I trade and hodl most of my coins/tokens especially BTC (https://trade.kucoin.com/BTC-USDT) on KuCoin.
[1] They offer low trading fees and can become even lower if you have some KuCoin Shares (KCS).
[2] KYC is not compulsory unless you'll withdraw above 5 BTC a day. But KYC is for your protection too incase you've forgot your log in credentials.
[3] Most of the top tier altcoins/DeFi can be found on KuCoin Exchange.

^ Another factor of reducing fund if you are using multi-exchange is the fees, that is good if you use different exchanges but the disadvantage is the fee when you have the plan to withdraw your fund. I suggest sticking with one of the most reputable exchanges that worldwide used, and of course, an exchnage that has a secure like Binance, you are safe there.
However, back to the OP's question, the right place to trade your BTC are those local exchange in your country that supported BTC trading, but this surely required KYC and use DEX if you avoid KYC.

That is why I said it will eat your profits with fees like multiple times we have to pay withdrawal fee which is almost fixed and huge on most of the exchanges.So the user will be forced to store the funds on exchanges itself to avoid getting rekt due to the withdrawal fees.

I don't trust coinbase, sorry dude I'm just telling my side only.  The only place that I trusted the most is Binance, Kucoin, Okex, Bitforex and others but not coinbase. Because, I heard so many things about it in which most of them are bad feedback on it. Where, they can freeze your account anytime they like to do it something like that.

In terms of reputable exchanger then there is Binance, Shapeshift and etc. but if I were to decide then local exchangers are still good to use compare to those exchangers because if you are going to use your local exchanger then you can easily contact the support of the platform while having a wide range of cashout options to your local fiat.

That is the advantage of local exchangers that big exchangers cannot offer especially a cashout will not use a bank account because most of the local exchangers are offering a cashout for remittances where the local users can easily get their money if they don't have a bank accounts.

There are 3 best exchanges: Binance, Huobi, Kucoin. They have all the criteria you need, i use Binance most often. I will choose Binance if only one option, i believe it is the best right now.

Okay, I tend to agree Binance is the most popular exchange by now and so far they had 4 branches AFAIK.  Due to a large number of Binance traders, it is always good to have trade with a high coin volume exchange and that is their advantage.

These are the four Branches of Binance but ain't sure the last one.

• Binance
• Binance.US
• Binance DEX
• Binance JEX

IMO, Coinbase doesn't have a good reputation lately, there are too many complaints against them because they are highly regulated by the governments.
If you will use Coinbase for Bitcoin trading, make sure you use Coinbase Pro, the exchange platform, not the Coinbase wallet platform.  The consequence is the terrible fees.

Fee situation is one of the biggest problems in the crypto world, specially for people who work to earn bitcoin or any other high fee coin as well. I have USDT in my metamask for example, and it is only 20 bucks and I earned only that much, however when I want to withdraw that to my local exchange to turn it into my own fiat and cash that back to my bank, do you know how much is left? Only 7 dollars.

Firstly about 7-8 dollars is taken from me when I move my money from metamask to my local exchange, then I turn that into fiat in my local exchange and that is another 1.5 dollars, and after that I take it to my bank account which is another few dollars and eventually there is tax on it basically leaves me with just 7 dollars in the end. I am not saying go pick a lot of exchanges but honestly this is much better if we could simply just find a way to get rid of fee's and do it afterwards.

From my opinion and from my experience the best exchange for trading bitcoin is binanc and kucoin due to lots of reasons. Binance is very easy to use, easy to trade and binance is very secure your funds are very save there I don't think you can lose your money there and also easy withdrawal fee. Thesame think with kucoin you can easily withdraw your money to your local bank directly with stress.

I choose Binance, you prepared Coinbase. As long as it is working and we are comfortable using their services, that is not a problem, we have different insights and experiences which is a big factor is choosing exchanger. Because as a trader, we mostly consider the fees and trading volume that makes Binance known to traders and they actually have a lot of users by now.

Now there are many good Bitcoin trading places, you can search on google and find some popular exchanges that you can try to use for
Bitcoin trading. I myself often trade on local exchanges, because I often trade using fiat pairs in my country. In order for the profit I make
from trading, I can immediately cashout it to my bank account. If your country does not have local exchanges for Bitcoin trading,
you can use Binance exchange which is now the most used by Bitcoin traders.

There is a difference between "Best" and "Top" - what you said are the top three exchanges, they are defenitely not the best. This is because what is good for you depends on your personal preference and ease of use. A couple of parameters do not define good or bad. What might work out for your in those exchanges might be difficult for another user. OP has problems with Coinbase, so probably they are not from US - which means they will face problems with other CEXs.

Depending on the OP's local currency exchange system and government regulation they might have a tough time going through a KYC for a centralized exchange like these. Hence they would need to check each of them out before using them. A DEX might seem like a better option but that too comes with its inherent risks which are not something that can be ignored. We have seen full DEXes vanishing into thin air, only increasing the negativity around them in general.

Binance.

If you trade with cryptocurrency then i think binance is best. And if you want to trade with your local currency,  You have to use local exchange in your country.

As other people say, I choose Binance to trade. But to find the best place to trade, you need to search for yourself and not just follow other people say because you need to feel comfortable while you trade. If you can feel comfortable and satisfy with one or two exchanges, then you can call that exchanges are the best exchanges for you. As many people say Binance as the best place to trade, they can feel comfortable trading on that exchange because they do not have a problem while trading on Binance.

The question is not so easy to answer but I must stay at Binance side since Binance had so many problems in the past and they always got it fixed. Now their fees are a bit higher but for me personally it's a good trade since I'm sure in my funds there.

The best place for trade BTC in my point of view is Coinbase Pro. You can also withdraw on your paypal the fiat after the trading
Coinbase Pro > Coinbase > Paypal = 0 fees
Another good exchange is Binance, you have more pairs and evaluate also different stable coins if you don't want convert in fiat your gains!

I fully support your opinion on CoinBase Pro and Binance. I have never had a problem with these exchanges. But I had problems with the HotBit exchange. There were big problems with the withdrawal. I do not advise anyone to use this exchange.

I think in order to choose the best cryptocurrency exchange, it is necessary to determine several criteria by which it is necessary to compare exchanges and, on the basis of these conclusions, choose the best one. One of the handy tools for comparing cryptocurrency exchanges can be found here https://cryptogeek.info/en/compare.

Trading is simple, so go to a user friendly exchange with low fees, fast withdrawals and deposits, and of course the safety,
if you are a beginner go to Binance, because there is a good project place with good fundamentals,
my advice is to buy a coin or token with good fundamentals, analyze before buying it.

I agree, of the many exchanges I've used I can only recommend Binance as the best place to start. There are other exchanges like Kucoin and Poloniex but it is not as easy to navigate around for a beginner, with practice and familiarity you will have no problem. Binance is a good place to start  ;)

Binance is the best place to trade BTC but beginners will be confused about using it...
when I was a beginner I was very confused about using Binance but slowly I tried to adjust myself a little bit and finally, I got used to trading there. should be ready to be difficult at the start as BTC liquidity on Binance is huge.

Kucoin is good for trading, I like it because you can split Main Wallet and Trading Wallet. If you hold their utility token (KCS) you save the 20% of trading fees and you also received some rewards in % about the volume of trading done by all the users. This is a passive income and it's very good

Yes, Coinbase is not available in every location, and that’s the reason I don’t make use of it, they only offer wallet services where I live, so I can only make use of their wallet but I can’t trade cryptocurrencies using their exchange.

I have been using Binance to trade, and I also make use of local exchanges and some P2P exchanges. P2P exchanges are the best here when it comes to fiat to crypto trading, because they are usually where you will get the best rate for your money, than making use of big exchanges that will even charge big fees.

P2P exchanges if you could find proper people to deal with are the best anywhere in the world. There is no middleman to take your money away and most of the time it is cheaper to do that without having neither the trading fee nor the withdrawal amounts neither. Do not get me wrong it became very huge as well, the price of bitcoin is going to 37k+ levels and exchanges did not end up dropping the trading fee, there were trading fee's 0.25% or whatever it was and when it was 7k it was still 0.25% and when it is 37k it is still 0.25% and that shows that regular exchanges like binance do end up making more and more profit when the price went up instead of changing their trading fee structure to something cheaper, people lose hundreds of dollars in thousands of dollars trading.

Do not even remind me of withdrawal fee's, they are the worst when it comes to exchanges, there are as high as 70+ dollar charges. So, P2P if you find someone decent is by far the best without a doubt.

Rather than telling many exchange names, I would like to tell about the exchanges I m already using. I will give here some points out of 10 from my user experience, then you can have a clear idea.
1. Binance -10
2. Kucoin -10
3. Chiliz -7
4. Sparrow - 6
5. Cointiger - 5
6. Probit - 8

I have user experience in all of above exchanges. So By looking at many of the replies non-other than me and my reply, You can easily choose what is the best..
Thank you!