Bitcoin Forum

Hi friends I need advice what to Exchange and naturally need Exchange which deserves trust.I have some coins that I earned in bounty and I would like them to be exchanged for ethereum and btc.
Can I trust this exchange traded these coins?These exchanges:
1.Huobi
2.OKEx
3.AEX
4.Bit-Z
5.EtherDelta

I use EtherDelta and i´m happy with it.

You might get more answers if you posted this thread in the right board. Bitcoin Forum > Economy > Marketplace > Service Discussion > Exchanges (https://bitcointalk.org/index.php?board=223.0)

Thank you that you told me and thanks that moved this message here. What do you recommend and what stock exchanges should I fear?

Go with the exchange with the most volume. I think that would be Huobi and OKex. The rest in your list are maybe "okay", but get your coins out as soon as you are done with your trade.

Thank you friends for advice. I'll do that they would not keep their coins in these markets and will display them immediately after the sale.And what Exchange is the best and which is not on my list?

If you need lots of order book liquidity, you need a centralized exchange. Bittrex and secondly Binance will give you the thickest order books. OKex is alright, but I'm weary of the Chinese exchanges after the recent government crackdowns. Sometimes I use EtherDelta when I only need to buy/sell small amounts up to ~1 ETH. I'm not familiar with AEX or Bit-Z, sorry.

The ideal is a decentralized exchange, where you don't need to entrust coins to a third party. But options are slim. EtherDelta is decentralized, but still uses centralized DNS -- if you use it, I recommend shielding your private keys with Metamask. Radar Relay is a better alternative, but it still hasn't built up much liquidity. So I still use exchanges like Bittrex, Binance and Cryptopia.

Bittrex is a good exchange but they are not accepting new signups from the public except only corporate customers and select invitees. So if one doesn't have access to this exchange then now can't open an account.

Another exchange to consider is kucoin exchange. It is a new exchange but slowly they are adding many coins so you can open account keep ready for the future usage.

You might also want to take a look at a new one. https://www.ethfinex.com/ recently launched by Bitfinex for ERC20 token trading which I'm guessing from the OP is what you are looking to sell.

Thanks, I use all of the information that you shared with me and will go to all exchanges that you recommended!!

Hi friends lot of Exchange but I like and want to advice best Exchange for trading such as
Bittrex
polonix
Binance
Kucoin
Hitbtc
Bit-z
   All are trustable Exchange i like and now i trading also on those Exchanges and fell Happy.

No, no and no. You should never, ever, ever trust exchanges. At one point of time, exchanges would definitely screw up somewhere and you will never ever get your money back if you had money stored in that exchange. Etherdelta is the worst exchange ever. The UI is so shit you can't even use it properly.

Its smart for Bitfinex to isolate what would most possibly be scams. It would be easier for them to shutdown their sister exchange if the regulators orders it, while continuing the main exchange.

Or maybe this is their latest move in case their main exchange is the one ordered to shut down lol. Whats the latest news on the Tether crisis?

 

You should never trust exchanges, sure. Any one of them can go belly up. But using them for trading and cashing in/out of the ecosystem is necessary. We also depend on exchanges for price discovery. Using them is a matter of risk management: Deposit, trade, then withdraw coins. Don't use them for storing funds. And I only store USD (while waiting to buy) on licensed exchanges that offer FDIC insurance for lost funds, like GDAX.


Etherdelta is fine (assuming you use something like Metamask). Maybe it's not intuitive for novice traders, but I've never had any problems except thin order books.