Bitcoin Forum
May 26, 2024, 05:01:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Which Exchange Would You Trust The Most
Binance
Bitfinex
Bittrex
Cex.io
HitBTC
Kraken
Liqui
NovaExchange
Poloniex
Yobit
Other

Pages: [1]
  Print  
Author Topic: Most Trusted Exchange  (Read 404 times)
sylance (OP)
Full Member
***
Offline Offline

Activity: 392
Merit: 102



View Profile
August 29, 2017, 09:09:43 PM
 #1

This has likely been asked before but I searched and also browsed across the Exchange section and didn't immediately see it.  My question... which exchange do you trust the most.  Not which exchange offers the most features, coins, or a good trading experience; but if you had to store your coin on an exchange which would you pick?

DeepOnion    ▬▬  Anonymous and Untraceable  ▬▬    ENJOY YOUR PRIVACY  •  JOIN DEEPONION
▐▐▐▐▐▐▐▐   ANN  Whitepaper  Facebook  Twitter  Telegram  Discord    ▌▌▌▌▌▌▌▌
Get $ONION  (✔Cryptopia  ✔KuCoin)  |  VoteCentral  Register NOW!  |  Download DeepOnion
qubitor
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
August 29, 2017, 09:15:21 PM
 #2

I am a total noob so take it for what it is worth.
CEX.IO being one of the oldest around, being in Europe, certainly certified on some level,
a bit expensive but with amazing support and fiat conversion with 2FA actived by default
is in my mind the most trustable.
pinkflower
Sr. Member
****
Offline Offline

Activity: 868
Merit: 259



View Profile
August 30, 2017, 04:00:34 AM
 #3

I have been using Poloniex and Bittrex since I started trading cryptocurrencies and some at Kraken if the market is idea. But after all the withdrawals delays experienced by some users in Poloniex, I have been using more of Bittrex with some trading done at HitBTC.

HitBTC is a good enough complementary exchange if you need one.
2dogs
Legendary
*
Offline Offline

Activity: 1267
Merit: 1000


View Profile
August 30, 2017, 05:55:56 AM
Last edit: August 30, 2017, 06:22:33 AM by 2dogs
 #4


I voted for Bittrex for trading, but to store coins it would be at Magnr.
pinkflower
Sr. Member
****
Offline Offline

Activity: 868
Merit: 259



View Profile
August 31, 2017, 03:42:25 AM
 #5


I voted for Bittrex for trading, but to store coins it would be at Magnr.

Its never advicable to store coins with a 3rd party wallet provider or an exchange. This is a rookie mistake in handling cryptocurrencies. Its better to lose a trade because you stored them in your wallet than losing it all because you stored them in an exchange.

2dogs
Legendary
*
Offline Offline

Activity: 1267
Merit: 1000


View Profile
August 31, 2017, 06:06:48 AM
 #6


I voted for Bittrex for trading, but to store coins it would be at Magnr.

Its never advicable to store coins with a 3rd party wallet provider or an exchange. This is a rookie mistake in handling cryptocurrencies. Its better to lose a trade because you stored them in your wallet than losing it all because you stored them in an exchange.


Advicable?  Is that even a word?
No one is interested in your advice - you who registered here a year ago.

Read the original post.
Can you read?
What does it ask?

Nevermind - you are now ignored.
pinkflower
Sr. Member
****
Offline Offline

Activity: 868
Merit: 259



View Profile
September 01, 2017, 05:19:48 AM
 #7

Sorry if I offended you in any way 2dogs, but I was just trying to speak my mind. I know sylance asked what exchange would be good to store coins in if you didnt have a choice. But the answer should still be none of them. If you really had to choose, any of them could get hacked anytime. I did recommend Bittrex, but I still would be careful.

I see that you suggested Magnr. From their website I could see that they are secured by Bitgo. Bitfinex is secured by Bitgo, but still they were hacked. https://themerkle.com/is-bitgo-to-blame-for-the-bitfinex-bitcoin-theft/

https://www.reddit.com/r/Bitcoin/comments/4vwcek/bitfinex_hacker_used_bitfinex_and_bitgo_keys/
mkmdoc
Sr. Member
****
Offline Offline

Activity: 658
Merit: 251


VIMee - Social Network


View Profile
September 01, 2017, 07:18:55 AM
 #8

Don't completely rely on one exchange because we don't know when the hackers will attack the exchanges and steal peoples money. For me, I am keeping my coins in two exchanges one Kraken and Bittrex. Still, i don't completely believe them but as a trader, we have relied on any good exchange.


   VIMee
Social Platform
|
  VIMee - Indonesia based Islamic Social Network
●   ANN THREAD   ●   WHITEPAPER   ●

|


                     ▄█████▄   ▄▄
     ▐█▄           ▄███████████▀
     ████▄▄       ▐█████████████▀
     ▐███████▄▄   ▐████████████
       ███████████████████████▌
     ▐████████████████████████
      ▀███████████████████████
        ▀████████████████████
        ████████████████████
         ▀█████████████████
           ▄█████████████▀
     ▄▄▄▄█████████████▀
       ▀▀█████████▀▀
     

                                    ▄▄▄█▄▄
                              ▄▄███▀▀▀ ██▌
                         ▄▄███▀▀▀     ▐██
                    ▄▄████▀▀          ██▌
               ▄▄████▀▀     ▄▄▀      ███
          ▄▄████▀▀       ▄█▀        ▐██
      ▄████▀▀         ▄██▀         ▄██
    ▐██▀          ▄▄███            ██▌
     ▀████▄▄▄ ▄▄████▀             ███
          ▀▀▀██████▄             ▄██
             ██▌ ▀▀█████▄▄       ██▀
              ██▄    ███▀▀████▄▄███
               ██▌ ▄██▀       ▀▀▀▀
                ████▀


             ▄▄█████████
         ▄██████████████
         █████████▀
         ████████▌
     ███████████████████
     ██████████████████▀
         ████████▌
         ████████▌
         ████████▌
         ████████▌
         ████████▌
         ████████
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!