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Author Topic: where do you trading btc/usd now? after bitfinex...  (Read 2800 times)
Cassie.Jill (OP)
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August 05, 2016, 07:37:23 AM
 #1

after bitfinex down/hacked/stolen, not sure whether it is also an inside job, but I am frightened

when I see the volume of btc/usd, https://coinmarketcap.com/currencies/bitcoin/#markets

LakeBTC, CoinBase(GDAX), and Bitstamp are the biggest three, Bitstamp I have known much, they were also down/hacked/stolen last year, and also lost tens of thousands of Bitcoin from customers; LakeBTC I have also known much, their withdrawal are not very good in fee and speed, although the deposit is free and fast.

so could anyone introduce a better exchange to do btc/usd trading? or share you experience on LakeBTC, CoinBase, and Bitstamp.

any experience will be grtaeful, thanx firstly
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ethereumhunter
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August 05, 2016, 08:06:40 AM
 #2

i am trading in poloniex, bittrex, yobit, and i think polo is good with many altcoin, btc-usd tether, and the market on polo was a big amount. in bittrex, i only trade btc-altcoin, in yobit i trade small coins which already launch and gets pump high  Grin

i think for me polo was a good idea to trade btc-usdt, you can try it if you can.

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August 05, 2016, 08:15:56 AM
 #3

I've never heard of bitfinex before the hack so.. localbitcoins
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August 05, 2016, 08:58:09 AM
 #4

I did not use bitfinex that often so this hasn't affected me alot but I use bitmex, this is great if you don't actually want to buy usd or Bitcoin and just anticipate a rise in price, they offer a 100x leverage so high amounts can be made from small price changes.
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August 05, 2016, 09:21:26 AM
 #5

i am trading in poloniex, bittrex, yobit, and i think polo is good with many altcoin, btc-usd tether, and the market on polo was a big amount. in bittrex, i only trade btc-altcoin, in yobit i trade small coins which already launch and gets pump high  Grin

i think for me polo was a good idea to trade btc-usdt, you can try it if you can.
I've always used Poloniex, even for trading Bitcoin/USD and altcoins of course, but I never keep huge amounts on their site.
But how can you recommend Yobit? I've only heard bad stuff about them and have been told to avoid them at all costs.

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August 05, 2016, 03:51:54 PM
 #6

BITSTAMP
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August 05, 2016, 04:13:32 PM
 #7

i am trading in poloniex, bittrex, yobit, and i think polo is good with many altcoins, btc-usd tether, and the market on polo was a big amount. in bittrex, i only trade btc-altcoin, in yobit i trade small coins which already launch and gets pump high  Grin

i think for me polo was a good idea to trade btc-usdt, you can try it if you can.
Like me, I using some trading site, but maybe yobit has become my main exchange in this time, and I using another site become a stepping stone for me to seeing the situation in another trading place and rotate my amount.

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August 05, 2016, 04:25:33 PM
 #8

Bitfinex are like cockroaches. They'll do their very best to be back. And I'm sure the traders on there who are currently squealing will be back too.

People should vote with their money and get on exchanges that might actually be accountable and properly insured and operated by real adults. That means Gemini and Itbit.
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August 05, 2016, 04:57:22 PM
 #9

If you wanna trade BTC/Altcoins, I'd definitely suggest Bittrex. Pretty good user interface and way way better than YoBit. Used it a lot of times for Ethereum/Ethereum Classic/etc and have become an addict of their trading system.
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August 06, 2016, 01:53:37 AM
 #10

Bro I Mainly Using 2 Websites to Trade BTC/USD Which are Yobit.net and I Also Do Trading on Magnr But I Prefer you to use Yobit.net Because it Gives Much Satisfaction to me Personally.....
 
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August 06, 2016, 02:21:54 AM
 #11

Bro I Mainly Using 2 Websites to Trade BTC/USD Which are Yobit.net and I Also Do Trading on Magnr But I Prefer you to use Yobit.net Because it Gives Much Satisfaction to me Personally.....
 
Okay, like you I'm doing trading in yobit but it's for the assisting and the main place is trading in the local place because I can't find a lot of users in the foreign site in the exchange site and in my local exchange site is more crowded.

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August 06, 2016, 05:07:40 AM
 #12

I think the best option is to make trades altcoin. you can try bittrex and also yobit.
if you want to trade USD / BTC then you could be using BITSTAMP as the best option.

https://www.bitstamp.net/
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August 06, 2016, 05:18:58 AM
 #13

after bitfinex down/hacked/stolen, not sure whether it is also an inside job, but I am frightened

when I see the volume of btc/usd, https://coinmarketcap.com/currencies/bitcoin/#markets

LakeBTC, CoinBase(GDAX), and Bitstamp are the biggest three, Bitstamp I have known much, they were also down/hacked/stolen last year, and also lost tens of thousands of Bitcoin from customers; LakeBTC I have also known much, their withdrawal are not very good in fee and speed, although the deposit is free and fast.

so could anyone introduce a better exchange to do btc/usd trading? or share you experience on LakeBTC, CoinBase, and Bitstamp.

any experience will be grtaeful, thanx firstly
When you speak of exchanges,you don't really have to rely on the fact they're a bank and your wallet is a savings account.Even though they function the same,it's very likely they can steal your coins whenever the want to.Keeping all your money in an exchange wallet is simply against the bitcoin rules.By far the most safest trading I have come across is LBC ,localbitcoins,their services are cloudfliare which dynamically reduces 70% of the attack chances.I'm surprised you have never traded there.BItfinex does seem like an inside job since finding the exploits starts with an employee passing confidential information to third party.
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August 06, 2016, 07:34:41 AM
 #14

problem with buying btc on exchanges using usd is that you will have to disclose information. But there are lots of place to trade btc/usd, recently i encounter a service such as btc2bid, they even held a signature campaign here in bitcointalk lately.  its almost like localbitcoin is just one as well.

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August 06, 2016, 12:38:47 PM
 #15

I am not trading bitcoin / usd that much anymore because I am usually in bittrex trading altcoins and making a lot more money that I could earn in the fiat market.

but for trading bitcoin with fiat I used btc-e most of the time and also have c-cex and kraken in mind as alternatives.

Only Bitcoin
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August 06, 2016, 12:59:15 PM
 #16

I am using poloniex right now. I've been trading with them for about 2 months and I haven't had any problems and the trading platform seems user friendly.

 
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August 06, 2016, 01:24:27 PM
 #17

I guess bittrex and poloniex is a good place to trade. I always trading at the site before, but once I get to know bittrex and poloniex, I so rarely play in bitfinex. however, I think so many people are playing on bittrex and poloniex and it is a site that is easy to understand for a beginner like me, so all was fine.
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August 06, 2016, 01:41:14 PM
 #18

people that were using bitfinex as their main exchange should hop over to bitstamp or kraken. very reputable and trusted exchanges. i just hope people will not continue using bitfinex after they messed up big time. losing that many coins is seriously unforgivable.
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August 06, 2016, 06:34:15 PM
 #19

bitfinex hacked or not honestly it doesn't any effect anything for me because i don't have account at there and was never use them because i had trade bitcoin only using my local exchange who available in my country and for an altcoins trade i had using poloniex
rickday
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August 07, 2016, 12:09:48 AM
 #20

Go to igot of course.

Try igot.com

http://igot.com

That's THE BEST.

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