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Author Topic: What is the most trusted bitcoin exchange rate?  (Read 1372 times)
harizen
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January 18, 2017, 06:30:02 PM
 #21

Title pretty much explains it all. There are a lot of services that list the exchange rate of bitcoin, and the usually vary by a few dollars, so is there one that is the most trusted?

So you are pointing with the "bitcoin exchange rate" and not with the "exchange service" like buying, selling, storing etc isn't it?

Obviously exchanges have different rates because that is business. The exchanges you are using primarily is the one you must to refer as a price basis since that is the only exchange you will use or available when converting or withdrawing your bitcoin. Even you use some exchanges with high exchange rate, coins will still landed on the exchange that is available in your country.

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January 18, 2017, 06:38:24 PM
 #22

Title pretty much explains it all. There are a lot of services that list the exchange rate of bitcoin, and the usually vary by a few dollars, so is there one that is the most trusted?

Is this really a big deal since like you said it's only vary in a few dollars on different exchanges? You will not use them all but rather the exchange you are dealing with traders and other services.

Here is an example, in preev the current btc price is $869. I trusted preev so i want that to the basis of my future monitoring. I use coins.ph services to deal with some of the matter but their exchange rate is minus or around $10 at the current price. Even I trust in preev, the fees will be on coins.ph will the one I will used as a basis on how much will I gained from withdrawing my money.

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January 18, 2017, 06:55:32 PM
 #23

For me bmf is best site for exchange because they are instant and they have really good size of fees not too much and not too low fees and they have always normal rate with good price.
kidoseagle0312
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April 01, 2017, 09:10:46 PM
 #24

Title pretty much explains it all. There are a lot of services that list the exchange rate of bitcoin, and the usually vary by a few dollars, so is there one that is the most trusted?
For me the most trusted bitcoin exchange was Bittrex and Poloniex, these two are very legit for me, and it never give any issues problem before to their traders in the platform. The charge for every transaction was not that hurt much to their traders in there.
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