Bitcoin Forum

I am trader. I have some of coin but I don't select what is the best trading market! Already $1000 lost on cryptopia website. Can you suggest me what is the best market?

You can simply go to coinmarketcap here, https://coinmarketcap.com/rankings/exchanges/

So that's a lot of exchanges out there by on trading volumes. I good indication that those exchanges are being used by active traders around the globe. You might want to try and select from the top ten and see how it goes for you.

I doubt you to be a real trader. A real trader would know where to trade and not a question like this. There is nothing called "best" market. You have check out the popular ones and see for yourself which one is suiting your needs. That is what is mattering here. Someone can like a certain exchange due to some personal reason while you may not like it for another reason.

Cryptopia was hacked. You should learn your lesson not to store funds on exchanges or keep orders open for long periods in case a hack happened.

Certainly on point for the most part here. I agree they are likely just posting to post too. However if you asked me what’s the best crypto exchange for bitcoin selling, I’d tell you Coinbase. I am not a huge fan of the company, but they are the cheapest for US citizens by far. They are very user friendly and always have been.

So for trading I imagine there’s probably one or two exchanges that stand above the rest with low fees and a wide range of coins to trade with. We are in the early days afterall, so not a ton of seasoned competition yet.

Coinbase is one of the best one but until now, they are not operating buy-sell service in most of the countries. If it comes to trading bitcoin, I would suggest Binance, BTC/stable coin pair. However, for alt trading, there are bunches of trusted sites. Just follow one strategy, don't put your balance in any exchange.

Same thoughts here ,how can a trader losses $1000 but not knowing what exchange is good?

Isn’t it before we come to trade we should first find exchange that is reliable and has a good reputation.i don’t know what’s the point of this post but what I am sure is OP is not a real trader or maybe he’s just a newbie that explore crypto without proper learning

Coinmarketcap is best avoided, they are known to show fake volumes.  There are a lot of better alternatives that only show legit volume and don't promote scam projects on their advertisements.  Really wish people would stop using their website.

Hi sir, Could you suggest few samples for me?

We may use that like compare tools. Many thanks.

Why did you choose cryptopia?
I think you did the wrong analysis so that you did not get information about safe and profitable exchanges on your trade.
binance, kucoin, bittrex, and many other reliable exchanges.

Cryptopia is still closed until now it has not been reopened due to being hit by hackers, and the losses suffered are enormous.  A good market in my opinion a lot, there are binance, indodax, bittrex, coinbase, idex, kucoin, etc.

To my opinion the one the best trading platforms are markets from 10-TOP list. But if you what to have a minimum fee for trading operations or withdraw procedure you can choose some new markets. But in this case, you have some risk because these markets have a little level of trust. That's why you must think several times before choosing the correct platform for trading.

I'm a representative of Quedex, let me clarify a few things:

• We don't accept US customers.
• We have a requirement to complete basic KYC during onboarding.
• We've been just awarded a Gibraltar licence: https://cointelegraph.com/news/gibraltar-grants-first-crypto-derivatives-license-to-local-exchange, and strive to provide a transparent and orderly place to trade crypto derivatives - as this milestone has been completed, we are planning to continue improving liquidity and expanding operations.

Has other have suggested, you can have a look at the leading cryptocurrency exchanges and choose among them. Notable one that have passed the test of time are Coinbase, BitMex, Bitfinex, Bittrex, KuCoin. I am not talking about volume here which most of them faked, but in time of security which I consider to be paramount.

hey did you say cryptopia, i though the site is down and closed. is there any other cryptopia exchange on going or the old one came back. no matter what. mae your own choice on the token or coins to trade. don't ever you depend on people choice. go to a cryptocurrency site with list of tokens, market cap and volumes and make your search. just down your studies on coins.

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If you wanted to trade your tokens always choose the best exchange which have less risk and able to get your trading in top 10 exchanges which you find in coin market cap and never used the exchange which have fake volume always used the small amount of tokens to trade & then check it if transaction would successful then you  able to trade the large amount of tokens after doing this you should trade your tokens successfully without any risk.

Do you recommend to use their service? I have never heard about this site and guys. Looks fishy to me, to be honest. Cryptopia was the worst alternative to any trading platform and you come up with the recommendation which doesn't worth to look at.
I just checked your site but the provided information is not enough to compare your service with the similar crypto escrow platforms. By the way, can you please explain these lines with more details?

The XERA EXCHANGE is built for the Community - by the Community.

https://twitter.com/xeratech/status/1172075986755571717

Yes, this is a sad story, I also had funds in Cryptopia and they disappeared, but there was very little money. Dont be upset. I would recommend a Binance.

Coinbase is one of the best one but until now, they are not operating buy-sell service in most of the countries. If it comes to trading bitcoin, I would suggest Binance, BTC/stable coin pair. However, for alt trading, there are bunches of trusted sites. There are a lot of better alternatives that only show legit volume and don't promote scam projects on their advertisements.  Really wish people would stop using their website.

i think the best marketplace is Bitcoin.

in VN it really popular for people live in here

What do you mean? For every coin marketplace will be different, you need to watch volume.

Coinbase is one of the best one but until now, they are not operating buy-sell service in most of the countries. If it comes to trading bitcoin, I would suggest Binance, BTC/stable coin pair. There are a lot of better alternatives that only show legit volume and don't promote scam projects on their advertisements.

Coinbase already lost it's reputation after some fake news but still it's pretty good for trading.

Since when did you become a trader in crypto ..?
Honestly, I'm not sure you are a trader, if you are a reliable trader, how could you possibly lose $1,000 just like that. A trader really understands the ins and outs of the crypto world, and very familiar with the trading market.

Maybe he is a really nervous trader or had bad day? ;D Usually, traders make orders for a little percent of their deposits.

I am using new exchange from blockchain.com: THE PIT (https://pit.blockchain.com). It looks legit and easy in use. But it's a new exchange so there are no big volumes yet. Anyway blockchain.com (ex. blockchain.info) is known bitcoin wallets provider created many years ago. I personally trust them and their new trading product.

Nice design, but I don’t like when there is a landing system on the cryptocurrency exchange.

There are few ways to select your exchange since some coins are not listed or traded on some exchanges.
You will have some upper hand if the coin is listed on CMC or similar services, just look for the coin, you will see some of the exchanges trading it then visit https://coinmarketcap.com/rankings/exchanges and choose from the first 50.

@nguyenkhaha bitcoin isn't a marketplace but I think what you are trying to say is that bitcoin has the best marketplace? But it isn't the thing that OP is looking for, he's looking for a trading platform as he mentioned about cryptopia.

I didn't have time to try all of them but all I can say that there's a few exchange there that has been receiving a lot of negative feedback from its users before.

Now there are many cryptocurrency exchanges. If you want a high-quality exchange, you can check some cryptocurrency information websites, and they can tell you the answer.

for the first you can check the best trading market have high volume, and have been verified on coinmarketcaps its mean the market is trusted
so far, i use yobit exchange and local exchange from my country. i use yobit because simple to use, when i am coming understand to trade directly and of course trusted. i use local exchange because prefer to convert my bitcoin or altcoin to fiat money

So much exchange doesn't mean having high quality for each exchange. Those new exchange just looking for a profit without considering it's customers.
And 95% crypto exchange have fake volume according to Bitwise investigation. (https://cointelegraph.com/news/bitwise-calls-out-to-sec-95-of-bitcoin-trade-volume-is-fake-real-market-is-or)

Actually I use several exchanges in trading, but there are local exchanges that make things easy. In the local exchange in my country is very safe and indeed security is what we are looking for in trading. Like exchange that can directly exchange cryto into fiat. Exchanges like Binance, Bittrex I think are very good because they are very safe.

My favorite marketplace at the moment is Vertex (https://vertex.market). I really enjoy the fact that I didn't have to complete any KYC so signing up and starting trading was an easy and quick process. The other thing that I really enjoy about the platform is their huge diversity of cryptocurrencies, payment methods, and countries, they offer trades in. The huge diversity means I never struggle to find traders to trade with.

cryptopia is not a good trading place because some time ago the exchange was hacked by hackers or thieves. everyone has a favorite place on trade but if you want then I would recommend a good place to trade, namely Binance or Hotbit. if you don't like both that's exchanges, then you can choose a suitable market place for yourself. good luck buddy.

given that everyone has their own favorite exchnage , the op's favorite would be cryptopia  . he didnt got hack i believe because he said he already lost , so in my head what he means that he lost from trading  .  you recomended binance  , binance was also hacked two times already if im not mistaken  . if cryptopia was hacked , they sure fix the site now and update the security   . idk about hotbit and i never heard of hotbit before   . but binance was also one of my fav too .

But good thing in binance is they take the responsibility for the lose and that what make them great since people gain confidence at them, and even before  binance and Okex is my personal favorite. And you can check the new 2020 review on best exchange right now since this list is quietly good for people searching this kind of information https://coinswitch.co/news/10-best-cryptocurrency-exchanges-for-crypto-trading-in-2020.

If you are a trader should be doing your own analysis, then you should do your own comparison based on the features that are available on each exchange, we have a lot of good exchanges here if you are a real trader you are updated on the latest best exchange and you should try how these top exchanges work.