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Author Topic: Most trusted and reliable bitcoin exchanges  (Read 1614 times)
NyeFe (OP)
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May 31, 2016, 02:22:56 PM
 #1

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

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May 31, 2016, 02:41:28 PM
 #2

I'm looking for a list of most trusted and reliable bitcoin exchanges.

If I remember correctly, MtGox was one of the most trusted exchanges.

That's the problem with trust.  By the time it is discovered that an entity shouldn't be trusted, it's too late.  Many people have already all told each other that they trust the entity, and you quickly regret listening to those people and you wish you hadn't trusted the entity in the first place.
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May 31, 2016, 02:45:47 PM
 #3

There is no such list. What you do is transfer your coins on one of the major ones (bittrex, polo) make exchange and remove you new coins out of there as soon as possible. There is no trust is cryptoland.
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May 31, 2016, 02:48:00 PM
 #4

The problem with bitcoin exchanges are that they are always advertised as stable, secure and impenetrable. But we are reminded by various events show us that this is bullshit.
MtGox once the biggest  exchange - thousands of BTC lost, BTC-e was once hacked, Cryptsy - hacked, GateCoin - recent security breach, bitcoins stolen.

If you can, don't keep your funds in any online services which is not under your direct control.
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May 31, 2016, 02:56:42 PM
 #5

you can see them here: http://coinmarketcap.com/currencies/bitcoin/#markets with volume and other info

also I have this topic bookmarked: Bitcoin Exchange Reviews Collection - the most complete! and it was updated 10-2015 I don't think anything has changed about them

you can also search for it, you may find more topics.

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May 31, 2016, 03:07:15 PM
 #6

After the latest inside job of the ShapeShift 'hack' I would be very cautious with any Bitcoin exchange I am using. I keep hearing bad stuff about Coinbase as well and it is considered to be one of the most trusted and secure exchanges by many. Unless the Bitcoin exchanges are regulated and prosecuted by the government for any losses of customers' money they would be liable for in the event of a hack, I don't think we can blindly trust any exchange to hold all our coins because their word to keep our money safe is not backed up by anything. Then when the funds go missing in some 'hacker's' wallet you are left with nothing because Bitcoin is non-reversible.
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May 31, 2016, 03:13:14 PM
 #7

You can never blindly trust any exchange. You do however need to trust them for the duration of your transaction, which can be as short as you require for funding and withdrawal. Unless you are doing something crazy like day trading on the exchange.

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May 31, 2016, 03:15:44 PM
 #8

I am only using bitfinex and poloneix most of the times and without problem but that depend upon how you gonna use exchange. I mean if you like to do bitcoin trading most of the times than bitfinex have lots of volume and for altcoin trading poloneix is good.

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May 31, 2016, 03:17:43 PM
 #9

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.



Trust is very dangerous in the Cryptocurrency world - is better not to follow it.

If you ask about the best protected exchange at this point, I can answer that it is Coinbase.

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May 31, 2016, 03:34:34 PM
 #10

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.


Kraken and Bitstamp are fine. The last one was hacked last year but there is always the advice : "dont leave coins on an exchange".

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May 31, 2016, 03:37:19 PM
 #11

Never trust anyone on Online.I don't use exchange site anymore.Maybe one day you wake up and you will see most trusted exchange site of bitcoin ran away with your hard working money.

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May 31, 2016, 06:54:53 PM
 #12

Well, there is Gemini, but who would trade there? This means 100% exposure. They are certified in NY, so yeah, pretty reliable USD/BTC/ETH, but they need you identity checked.

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May 31, 2016, 07:04:07 PM
 #13

personally I use Kraken, have never had any problems with it
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May 31, 2016, 07:13:53 PM
 #14

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

we all know that popular bitcoin exchange have mean that its exchange have best quality,because many people use and have good recomended,but honestly i can't mention about which best exchange for me,because i sell or buy bitcoin from people,not from exchange.

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May 31, 2016, 07:16:04 PM
 #15

For me LBC is the best to buy or sell coins, and after spending long time there I have made many personal contacts whom I can surely trust.
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June 16, 2016, 06:40:31 PM
 #16

most of the bitcoins exchanges declared that they are stable,trusted and very secured
for them to get trust of the community but some of them are not true so we must not be a victim of it.
for now one the trusted exchanges for me is yobit.net or if you want to know other exchanges
you can check bitcoins exchanges review. Wink
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June 16, 2016, 09:46:08 PM
 #17

For me LBC is the best to buy or sell coins, and after spending long time there I have made many personal contacts whom I can surely trust.

do they use chinese bank accounts or from Europe?
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June 16, 2016, 10:31:47 PM
 #18

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

I wouldn't to defined which the best bitcoin exchange site. because many people it always has a problem with exchanges like too difficult to withdrawal and another reason. Maybe :ccex,bitrex, or yobit.

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June 16, 2016, 10:35:42 PM
 #19

I think that better to chek other people reviews much as possibl before choosing the exchanger, but i think that most of them are fine cause it's so expenicve to make new exchangers for scammers, everytime when people start sharing informations about it.

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June 16, 2016, 10:38:13 PM
 #20

If I remember correctly, MtGox was one of the most trusted exchanges.
That's the problem with trust.  By the time it is discovered that an entity shouldn't be trusted, it's too late.  
Agree, one solution to this is never to store too many funds FIAT/BTC on exchange.
Avoid that at all costs, because if u don't it will be your cost Tongue

I heard bitfinex doing good, im using bitstamp coz i like their GUI mostly.
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June 16, 2016, 10:49:18 PM
 #21

Despite its total anonymity and support that sounds occasionally nightmarish could the most solid exchange of all be btc-e? It's been around for a long, long time in Bitcoin terms and when it was hacked it made its customers whole. It's probably going to continue chugging long after these VC whizzbang places are dust.

I still don't think I trust it though.
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June 16, 2016, 11:17:18 PM
 #22

BTC-e and poloniex. I use the two exchanges. I use to trade altcoin in poloniex and using BTC-e when trading BTC/usd/eur.
both exchange was very secure and trusted

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June 16, 2016, 11:26:01 PM
 #23

BTC-e and poloniex. I use the two exchanges. I use to trade altcoin in poloniex and using BTC-e when trading BTC/usd/eur.
both exchange was very secure and trusted
i also use that exchange,so far so good and have good response sometime. and i wish all country have own bitcoin market,in future when bitcoin accepted in every countries,each country should have exchange,and its will be the most reliable and good exchange,because its run by local people in each country.
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June 16, 2016, 11:35:00 PM
 #24

I'm looking for a list of most trusted and reliable bitcoin exchanges.

If I remember correctly, MtGox was one of the most trusted exchanges.

That's the problem with trust.  By the time it is discovered that an entity shouldn't be trusted, it's too late.  Many people have already all told each other that they trust the entity, and you quickly regret listening to those people and you wish you hadn't trusted the entity in the first place.
Yeah it is just smarter to buy off someone on localbitcoins, you have to provide your ID and it is checked before you can buy coins. I have done it a couple of times and it is very safe. I just store all my Bitcoins in my ledger wallet.
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June 17, 2016, 01:45:32 AM
 #25

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.


If youre talking about exchanging bitcoins to other altcoins I will suggest two sites. One is yobit and I am using it right now and it is very reliable. Second is shapeshift.io it automatically converts your btc to other coins and vice versa but with a corresponding fee.
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June 17, 2016, 02:08:25 AM
 #26

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.


If youre talking about exchanging bitcoins to other altcoins I will suggest two sites. One is yobit and I am using it right now and it is very reliable. Second is shapeshift.io it automatically converts your btc to other coins and vice versa but with a corresponding fee.

The only I think its good is Yobit, its trusted by a lot of people and they are pay out well, I think its one of the best right now.
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June 17, 2016, 01:21:04 PM
 #27

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

There are no all time perfectly trusted bitcoin exchanges. Every exchangers may collapse anytime. Hackers are there to trouble them, so we need to be careful ant not trusting any exchangers blindly for longtime and do not put your all money on exchangers. In my view, we never need to hold money in exchange for long time.
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June 17, 2016, 02:22:10 PM
 #28

I think one of the best is yobit.net
It has a lot of cryptocurrencoes which mean more ways to exhange which means easier way to earn. Also it has live price/sec
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June 17, 2016, 02:33:38 PM
 #29

Nothing is 100% secure (remember mtgox) but i would suggest you kraken,poloniex and yobit these 3 are the most trusted for me i never had any problems using them.
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June 17, 2016, 02:34:43 PM
 #30

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.


The best exchangers for me are yobit and ccex. But ididnt want only in ccex if i withdraw bitcoin they send the bitcoin in wallet and the fee of the transfer is too cheap so i need to wait many hours to came in my wallet. So if you need your money in emergency dont use ccex. And my friend said that he wothdraw but no email came up to his email and he dont confirm it. His bitcoin gone and he contact the support but the support didnt reply.
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June 17, 2016, 02:42:08 PM
 #31

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

Cex.io is best for me to exchange bitcoin i use it more than two years ago and everything went fine. And for alt coins exchange i use poloniex.
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June 17, 2016, 02:47:33 PM
 #32

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.


a lot of bitcoin exchanger trusted i think, although they do not have a valid permit or when the owner disappears then there would be liable. POLONIEX,  BTC-E, HUOBI, YOBIT. thank you
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June 17, 2016, 03:18:37 PM
 #33

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

There are many sites where you can exchange bitcoins against another currency.
But I think the most secure is Poloniex, even if it can turn to the scam.
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June 17, 2016, 04:32:31 PM
 #34

You look for a exchange with BTC/USD or Bitcoin/Altcoins?
For Bitcoin/Altcoins I use Bittrex for me is a trusted exchange.
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June 17, 2016, 04:41:53 PM
 #35

Well for me, I don't considered all exchanges as "trusted" since we don't have the possesion of our coins but you have to trust them since if you don't use exchanges sites then you won' be able to trade your bitcoin with "less hassle".

Back to MtGox saga, people considered this exchange as "trusted" and "reliable" but in the end.. you all know what happened.

So my criteria when choosing a reliable exchange? Well as long as I think that is reliable, then I go for it.

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yenxz
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June 17, 2016, 04:50:12 PM
 #36

I'm looking for a list of most trusted and reliable bitcoin exchanges.

I will also be interested in your opinions about these exchanges, or any issue you've come across with them over the years.

trusted bitcoin exchange equal with popular bitcoin exchange,i think its cannot deny,we are here familiar with some bitcoin exchange like coinbase,kraken,huobi,btcchina and many more,and i trust it all. so,the answer is popular exchange mean trusted,i can't pick which one most trusted because i never try it all.
pinkpanther03
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June 17, 2016, 05:24:46 PM
 #37

for me as a newbie i think a reliable exchange are:
- yobit.net
- poloniex
- bittrex
- cex.io
 this is so far i know right now. Wink
beerlover
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June 17, 2016, 06:58:30 PM
 #38

Apparently, I don't think there's any bitcoin exchange platforms that are to be surely 100% trusted because remember MtGox, it was one of the best exchangers back then. Just as it was the best, it immediately became the worst like bam! It turned south real quick.

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