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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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DannyHamilton
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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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LiteCoinGuy
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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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stromma44
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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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