What exchange to join?

[Two4D2]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

[OmegaStarScream]

Poloniex basically killed the competition, Its the best and I wouldn't use any other exchange beside it. You don't need to verify any information's as long as you don't bypass a daily withdrawal limit of 2000$. Its mostly a BTC/Alts exchange so If you are looking for buy bitcoins using fiat, you may want to search for another exchange.

[Two4D2]

Poloniex basically killed the competition, Its the best and I wouldn't use any other exchange beside it. You don't need to verify any information's as long as you don't bypass a daily withdrawal limit of 2000$. Its mostly a BTC/Alts exchange so If you are looking for buy bitcoins using fiat, you may want to search for another exchange.

Thats cool, but I heard the best for kraken.. what makes you think like that about poloniex?

Also BTC/Alts is OK, but fees eat me here...I need to buy BTC locally at 7% fee...

[sana54210]

I just choose exchanges based on availability of altcoins being listed there. Yes, I was enforced to sign up the new exchanges just for the reason of trading one particular altcoin. This way I have signed up more than 10 exchanges in the span of less than three years even I was not that much active with altcoin trading.

You may also follow my strategy :
- get the list of reputed exchanges and rank them as per most suggested/highly reliable.
- signup the exchanges where your preferred altcoin is being traded.
- in the case you will be having multiple choices of exchanges, go with higher ranked.

For selecting exchange for bitcoin trading, again choose the exchange based on availability of payment processor. For example I signed up CEX.io because they are accepting card payments.

[rickadone]

I really dont want to register on 10 of them and send my ID to every...

For altcoin trading you do not need to verify yourself when you will be sticking with some specified limits for withdrawal on daily basis (example poloniex), maximum you may need phone verification on few exchanges (example : bittrex).

But I guess almost all bitcoin/fiat exchanges are asking documents but you can avoid them by finding your local exchangers though this forum or through localbitcoins.

[OmegaStarScream]

Poloniex basically killed the competition, Its the best and I wouldn't use any other exchange beside it. You don't need to verify any information's as long as you don't bypass a daily withdrawal limit of 2000$. Its mostly a BTC/Alts exchange so If you are looking for buy bitcoins using fiat, you may want to search for another exchange.

Thats cool, but I heard the best for kraken.. what makes you think like that about poloniex?

Also BTC/Alts is OK, but fees eat me here...I need to buy BTC locally at 7% fee...

Poloniex have most of the funds on cold storage means even If they get hacked, no real damage will happen. The website comes with both white and dark themes and the UI/UX is awesome, they are the #1 when It comes to trading volume which makes it even more trustworthy and support a lot of coins, moderators are always available in the Trollbox to answer your questions, and you don't have to verify your ID as I said. You can see the coins that you can trade here[1][2] for both exchanges.

[1] https://coinmarketcap.com/exchanges/poloniex/
[2] https://coinmarketcap.com/exchanges/kraken/

[arwin100]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

[goinmerry]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

The verification process in most of the trading exchanges is necessary if you want to increase your daily limits. The big daily withdrawal in a single account is suspicious that's why for security of all concern, it's a must to comply with their rules.

Most alts can be found on those altcoin exchanges that is not that much strict in terms of established volumes like Yobit, Cryptopia, Ccex etc. For advance altcoin trader, I recommend Poloniex as trading volume here is really active day by day plus the fact that no such coins listed there that only established a low volume for a certain period of time.

For bitcoin trading, try to compare the rates of most of the exchanges at bitcoinwisdom.com.

[harizen]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

List first your preferred coins as some of it might not be present at your chosen exchanges. Yes that is happening that's why other altcoin traders do trades at multiple exchanges at the same time.

For your stated altcoins (monero, ripple, siacoin), all of them are present in Poloniex. Why Poloniex? As you can see majority here are doing trades at Polo meaning their features and services is really a thumbsup for most of the user here. In case your chosen is not present at Polo, you can try other altcoin exchanges too which is just 1 click away from the google search.

Also BTC/Alts is OK, but fees eat me here...I need to buy BTC locally at 7% fee...

That is mostly the case when buying bitcoin locally like here in my place. So anything below to the highest rate I encountered is the one that I consider to use and comparison will begin.

[Two4D2]

Thank you very much for all the recommendations I have joined poloniex..

[Fireblade]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

yes that is right, there are so many exchanges which you can use for buying and selling your bitcoin. for me i personally using yoibit and my local exchange and for all the time i found that exchange very reliable and trusted even i give advise to my friends to use that exchange for buying and selling bitcoins.

[carlfebz2]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

yes that is right, there are so many exchanges which you can use for buying and selling your bitcoin. for me i personally using yoibit and my local exchange and for all the time i found that exchange very reliable and trusted even i give advise to my friends to use that exchange for buying and selling bitcoins.

Atlast theres someone who do recommend yobit exchange, this is only just good if you are focusing on trading alts but If OP would tend to buy many bitcoins then I would rather go on Poloniex since its the most trustable on the top exchanger as of now and as long you don't exceed the daily limits then it should be fine but if that is your concern about the limits then you should really be willing to submit documents.

[AdolfinWolf]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

yes that is right, there are so many exchanges which you can use for buying and selling your bitcoin. for me i personally using yoibit and my local exchange and for all the time i found that exchange very reliable and trusted even i give advise to my friends to use that exchange for buying and selling bitcoins.

Atlast theres someone who do recommend yobit exchange, this is only just good if you are focusing on trading alts but If OP would tend to buy many bitcoins then I would rather go on Poloniex since its the most trustable on the top exchanger as of now and as long you don't exceed the daily limits then it should be fine but if that is your concern about the limits then you should really be willing to submit documents.

Well every exchange is focused on trading BTC/ALTcoin right?

Ofcourse you have BTC/$ / ETH/$ but the most is bitcoin -> an altcoin.

I wouldn't recommend yobit at all. They have alot of low volume coins, with no active development, and they keep them listed.

Their support has been proven to be bad. There are many cases in which it took a user several scam accusation threads and messages to get their withdraws.

https://bitcointalk.org/index.php?topic=1857032.0

This topic pretty much sums it up.

[Sakura_nakomoto]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

yes that is right, there are so many exchanges which you can use for buying and selling your bitcoin. for me i personally using yoibit and my local exchange and for all the time i found that exchange very reliable and trusted even i give advise to my friends to use that exchange for buying and selling bitcoins.

Atlast theres someone who do recommend yobit exchange, this is only just good if you are focusing on trading alts but If OP would tend to buy many bitcoins then I would rather go on Poloniex since its the most trustable on the top exchanger as of now and as long you don't exceed the daily limits then it should be fine but if that is your concern about the limits then you should really be willing to submit documents.

It turns out if you have to provide your documents for confirmation, does this mean that their income will be levied taxes? Or was there something I did not understand? Of course, if Bitcoin country is completely legal then the user must provide all of his documents I think so.

[ahmedjamal1998]

If you're talking about trading altcoins, then you should go for poloniex or bittrex.

They are the best & the biggest.
Actually I prefer poloniex more, Idk why I just like it more.

IF you want to buy some coins using fiat then get to localbitcoins or look for a local person here on the forum services section.

[BCTBF]

I also recommend poloniex for use as a trading and exchange, as many have recommended about poloniex. So, I think poloniex is very safe and trusted to be used as a trading or exchange.

[Taki]

I have couple thousands og DOGE and couple of LTC on Yobit exchanger. For now I am just holding them there with the expectation that they show good temps of growth. As I know this exchanger is the most popular over traders from over the world, cause of it is adopted for different languages.

[wahb]

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...

Poleniex and bittrex would be the best exchange for you since they are been tested by many people aswell as they are reputed to deliver good interms on withdrawal and depositing.

So better don't go to other if you want to buy bitcoin and altcoin in bulk since sometimes other exchanges turn will required us some kyc if we deal some huge volume of btc and some other exchanger sites also are running only as scam exchanges.

yes that is right, there are so many exchanges which you can use for buying and selling your bitcoin. for me i personally using yoibit and my local exchange and for all the time i found that exchange very reliable and trusted even i give advise to my friends to use that exchange for buying and selling bitcoins.

Atlast theres someone who do recommend yobit exchange, this is only just good if you are focusing on trading alts but If OP would tend to buy many bitcoins then I would rather go on Poloniex since its the most trustable on the top exchanger as of now and as long you don't exceed the daily limits then it should be fine but if that is your concern about the limits then you should really be willing to submit documents.

yes poloniex is also a good exchange, where you can put your order without any doubt as it is more trusted, but still i will advise to all that there is no need to put all your bitcoin in exchange at a time as there are more chance that the whole exchanges can hack, as in previous days we have a good example of bitfinex so we need to be more careful while putting our money in exchange.

[Weatherby]

I have couple thousands og DOGE and couple of LTC on Yobit exchanger. For now I am just holding them there with the expectation that they show good temps of growth. As I know this exchanger is the most popular over traders from over the world, cause of it is adopted for different languages.

I would like to tell that Yobit is not a good exchange to join as they are listing all the coins without any fundamentals ,i would suggest bittrex as one of the best sites and everyone has their own choices, poloniex is the exchange when it comes to alt coin trading because of the massive volume you get with every coin but for the past few days they are having issues with withdrawal of coins,Just letting you know .

[jeraldskie11]

I tried already many exchanges, there are scam coins on their exchanges and the order and trading history is very delay and the price also is delay because its not the same in the coinmarketcap so I prefer to use poloniex exchange because it has a big difference from others and their coins is not scam.