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Well done for compiling the list of such amazing cryptocurrency exchanges. Not many people will put their time to gather such a good list of popular cryptocurrency exchanges. Binance is one of the best and popular cryptocurrency exchanges no one can deny that followed by Poloniex, Bittrex, Bitfinex, Okex, and Kucoin.
Thank you!
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Well, i think we can't blame CMC because they show what is actually happened although it is "fake volume". Maybe those exchanges only want to attract people so people their site. But i think people for now already know which have fake volume, or maybe real volume. Or if they really doubt want to use the other exchanges or not, they can see people's review in here.
We can't blame coinmarketcap fully because the data on the trading volumes of the exchanges are not theirs to know and gather. But they could be stricter than they are right now and require trading platforms to prove that the volumes they are submitting are real volumes and not fake ones. CMC has to initiate something on this because this is getting rampant. CMC cannot just accept whatever volume data is submitted because if that is so a shitty exchange might suddenly submit that its 24-hour volume is reaching 1 trillion. I actually don't know what to be the system, but maybe it is automatically updated in CMC. If want to strict about what exchanges can listed in there, it will be hard. Of course site like CMC need cost to maintain their site, and they need income from it. And then, maybe it is something that iresistable. Something that we can't do anything which is already there, and we just need to make research by ourself. One of the reasons for this list
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I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested. https://www.cryptoadvocate.net/post/best-cryptocurrency-exchangeNice article but i think there is also some great exchange you missed. Binance, Kucoin, Bitmex, Bybit is really good for their position. Other exchange you mentioned which are not popular in crypto market i guess. I think OKEx, Coinbase, Huobi Exchange, Fatbtc, BitForex are also good competitor for your article. New exchange VinDAX is also quite good exchange for lower fee category. Most of his list isn't popular in the market and people could just ignore them since traders are choosing those exchanges that have gain market respect already. And I hope OP could think to list old and running exchanges. We've known that there is huge market competition ad most likely traders would be prepared those sites that have a good trading volume rather than to consider these new and low liquidity exchanges as listed by OP. Bittrex was once the market leader, now practically dead. Same with poloniex. Old exchanges that don't innovate dont last I believe Bittrex will do the upgrade as well as Poloniex to bring back their reputation but somehow it takes time for that. I know we put that some consideration of being out from the list since they are not doing great nowadays. This is huge market competition, believing that to become more competitive today, these exchanges will do differently from the others, this is what we called it market strategy just like what Binance did. Bittrex has closed a number of international subsidiaries. Think it's as good as dead
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Worth calling out that Bybit was the only margin platform not to crash or suffer from overload during the massive bitcoin move
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I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested. https://www.cryptoadvocate.net/post/best-cryptocurrency-exchangeNice article but i think there is also some great exchange you missed. Binance, Kucoin, Bitmex, Bybit is really good for their position. Other exchange you mentioned which are not popular in crypto market i guess. I think OKEx, Coinbase, Huobi Exchange, Fatbtc, BitForex are also good competitor for your article. New exchange VinDAX is also quite good exchange for lower fee category. Most of his list isn't popular in the market and people could just ignore them since traders are choosing those exchanges that have gain market respect already. And I hope OP could think to list old and running exchanges. We've known that there is huge market competition ad most likely traders would be prepared those sites that have a good trading volume rather than to consider these new and low liquidity exchanges as listed by OP. Bittrex was once the market leader, now practically dead. Same with poloniex. Old exchanges that don't innovate dont last
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I and several others support Binance as the Best Cryptocurrency Exchanges, so far I have not found a problem faced by Binance users I hope that the good reputation that has been received by Binance can be maintained consistently.
Let's hope!
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The list of the best digital currency exchanges on your list is almost similar to the one on my list. Like Binance, he is indeed a good exchange and is currently popular because his trading volume is very large, so traders are comfortable to trade on the stock. Then my choice is also in Bitmax besides the volume too much, the transaction is very fast and the transaction costs are quite cheap, also so far it is safe
What else is on your list
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I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested. https://www.cryptoadvocate.net/post/best-cryptocurrency-exchangeYour article seems like decent one but why coinbase exchange is missing on it it is one of the best crypto exchanges available now. If you can you should also include coinbase into your list with available countries for people to find better platforms to trade. Coin base fees and funding time are atricious
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No, Binance actually not the best. It just seems the best.
I'd love to know what exchange you think is *actually* the best, if not Binance. There are others I use that seem to be just as good, like Kucoin. Polo was decent, but they're ditching U.S. customers...so I actually do think Binance rules at the moment. Yep, some other exchange may take its place eventually but it hasn't happened yet. Being from the states, I'm really only familiar with a handful of them. I know there are many in Asia and they might be just fine, but I haven't heard of many of them and I don't know if they're reputable or not. US users are certainly running low on options
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I have no experience with ShakePay because right now i heard regarding exchange from you, i think it’s only used in Canada that's why users is too much low in this exchange. Even it’s not listed exchange in coinmarketcap so that it’s not familiar for majority of the people’s. I am using specially Binance (i agree with you this one is overall best exchange undoubtedly) ,KuCoin,Kraken those are you already mentioned in your article. BitMex is the best in many type of trading not only margin trade. Why OkEx and Huobi Global are missed in your list? Still i never used Bybit exchange and i checked in CMC but not showing any data what happened with it.
Yep shakepay is Canada only
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Bitmex was my main platform for margin trading for years but 4 months ago I was fed up with the overloads and decided to give Bybit a try.
I lately came to know that lots of reputed exchanges also started margin trading and this is first time I do hear bitmex is facing bottleneck kind of problems due to heavy loads of users (I am unable to recall how it was doing some four months back as per you have mentioned). Moreover, I am in plan to try margin trading with bittrex because I must need more time to follow your review for the all new exchange bybit; yes, this is the first time I hear them. Being mobile friendly could be a good improvement from bybit as I am not seeing bittrex is doing that as per my expectations. I am not a on the go trader as I need calm and settled environment to trade profitably still margin trading along with on the go option may push many traders like to to try with bybit. They offer a pretty good sign up bonus right now so definitely doesn't hurt to give it a try. Free trading funds
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Although Bybit is much better than Bitmex in terms of functionality and I prefer it especially for scalping, in my opinion the best margin trading platform out there is Deribit. It is the most professional looking one and I kind of have confidence in a Holland based company. They also offer derivatives like options and futures besides perpetuals(spot) that are well suited for well-versed traders. On the other hand I find Bybit more suitable for scalping as sometimes it seems to have more liquidity.
Deribit doesn't exactly have the greatest track record though
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I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested. https://www.cryptoadvocate.net/post/best-cryptocurrency-exchangeThere are many exchanges dealing in cryptocurrencies and you can choose one according to your wish or the coin which you want to trade.Most people prefer legit exchanges and which are safe like Binance is good option avaailable due to high trading volume but documention is required which takes time so you can try local exchanges but be sure they are legit as there are many scams in crypto world. Depends on jurisdiction and desired withdrawal limits
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I'm sure I paid 0.0005 to withdraw btc on that site so you might want to amend that if its your site.
I'd like bybit to at least get ltc too as 9ne of the trade pairs...
It's quite a nice site to use on mobile compared to bitmex as bitmex is really not optimised for mobile... But the issues most people. Have with bybit is that it's very new and might not have as good security/might exit scam still. I don't think the overload error and lack of scam wicks (but I thought bitmex was based on an average anyway?) is enough of an issue for trading especially if you set your take profits and stop losses an sypur limit order all at once and don't rely on the market. You should be able to make a tp and sl before the limit if you have the limit on cancel box checked.
(also bybit claims to have 24 hour support which bitmex doesn't)...
That's just the bitcoin transaction fee. Same as if you were to send btc to anyone. Bybit doesn't charge a fee
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Very good. But you know what? It seems that you carefully crafted and put your referral links in those exchanges, Lol. And that what makes your article a click-bait here and not helping at all but instead you trying to get someone to register under you. Nice trick!!! But I have seen worst though, Plenty of the exchanges listed have no ref link which kind of kills your argument but ok.
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I'd also agree with you for now that Bybit's slightly better than Bitmex, even though I find Bybit's UI to be much worse than Bitmex's in terms of customizeability and usability, though I'll take it any day over the overloads that Bitmex has. There's still 'scamwicks' on the platform just like with any sort of leveraged crypto exchange out there, and the site's got less volume than Bitmex, but I'll still take it over Bitmex.
The customizeability of Bitmex was what attracted me to the site in the first place. You're able to change just about anything on the trading desktop of the site, things are draggable and expandable and shrinkable, and I find it to be neater and better organized than Bybit by far. Bybit also doesn't offer quarterly futures like Bitmex does, only perpetual contracts, which could be a problem for some traders.
Yea I'd like futures and more pairs but bitmex was a nightmare on mobile and that's without overloads
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Bitmex was my main platform for margin trading for years but 4 months ago I was fed up with the overloads and decided to give Bybit a try. Haven't gone back since and moved all my margin funds over. I think it's by far the best option these days so I wrote a review to give people some thoughts on the platform so they can make a decision about trying it out. Full review here: https://www.cryptoadvocate.net/post/bybit-review
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