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Author Topic: Can you suggest the most universal crypto exchange ?  (Read 72 times)
redsteler (OP)
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September 09, 2021, 05:07:56 AM
 #1

Is there any exchange USA or non USA which have good:

- liquidity (binance, coinbase)

- customer service (kraken)

- trusted and enough regulated (kraken,coinbase)... avoid binance

- mix of crypto pairs (kraken,binance,kucoin)

- links to fiat withdrawal (kraken, coinbase)

-excellent ios/ google app (binance, kucoin)

- low trading fees (binance,kucoin and maybe kraken)



I simply cannot find universal one which would mark up all above boxes...
jrrsparkles
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September 09, 2021, 05:45:52 PM
 #2

Coinbase is not an universal exchange since its only available in very limited countries, whereas Binance ia more universal than coinbase also better in the customer service and trading experience so I will say Binance is more of an universal exchange at the moment maybe in future another one can replace it.









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TheUltraElite
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September 13, 2021, 06:31:38 AM
 #3

I simply cannot find universal one which would mark up all above boxes...
And the reason is because you are looking for a near "ideal" exchange which sadly, does not exist and will probably never exist either.

You have to try out different exchanges and see which one fits you the most. Every exchange is more or less likely to suffer from some cons and have some pros. You have to make the decision about which one to go with. Personally I think customer service and quick communication to users about problems are more important while ease of deposits and withdrawal come second.

Low trading fees is another lacking feature in most exchanges. You will likely be paying a lot more if you do small exchanges regularly.

Have you tried any of the above mentioned exchanges yet or are you looking to start off? If the second one, I would suggest start with Binance.

R


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cabron
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September 13, 2021, 06:58:34 AM
 #4


Most of what you need isn't really needed by some of the people from other countries. I for example don't need to talk to the support or the customer service or the exchange has to have. But I think  Binance has it all. With low trading fees and are trusted by different users, Binance is a real contender of what you are looking for.
If you are looking for a link to fiat withdrawal, try their P2p or simply use a remittance app.

rodskee
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September 13, 2021, 08:00:42 AM
 #5

Coinbase is not an universal exchange since its only available in very limited countries, whereas Binance ia more universal than coinbase also better in the customer service and trading experience so I will say Binance is more of an universal exchange at the moment maybe in future another one can replace it.
And it's sad seeing this comment about binance



- trusted and enough regulated (kraken,coinbase)... avoid binance



Have been using binance for more than a year now and never that i have issue about anything.

And also indeed that binance is more universal comparing to all mentioned exchange though yeah still there are some countries that still have no access in binance directly .

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September 13, 2021, 11:59:32 PM
 #6

- trusted and enough regulated (kraken,coinbase)... avoid binance
Why avoid binance? it's common and very popular to most traders and crypto investors. They're trust and if you're against with their regulation, most of the exchanges that are existing today are also regulated.
And also indeed that binance is more universal comparing to all mentioned exchange though yeah still there are some countries that still have no access in binance directly .
Yes, there are some prohibited countries and users are not able to access binance but I think they're working on it as they're planning to make their exchange globally recognized for every continent.

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inanilujimi
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September 14, 2021, 04:32:57 AM
 #7

No exchange is as perfect as you want it to be dude, unless you create the exchanges yourself, there are bound to be flaws but that doesn't mean they aren't worth using, we as users have to adapt. already provided good service is more than enough for me personally.
Chato1977
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September 14, 2021, 09:10:11 AM
 #8

There is no Legit or i mean trusted exchange that will provide what you are looking for because surely there are countries that has their own issue and bannings.

But what I was concern is,the "Reason for asking this "? why need to find universal exchange when you are only staying in single country per time?
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September 15, 2021, 11:29:00 PM
 #9

As an alternative, you can start looking at dexes. Pegged tokens are becoming more common these days so you can swap them on Uni or Pancake and then change it back to native token/coin as long as you don't mind the fees. Don't hold them for too long though, since it's not really secure.

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