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November 19, 2017, 08:07:40 PM |
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So I think some of this has already been said, but here's my limited experience:
Polo: was great to start, low fees, they margin trading and lending for like 15 coins. But I started to notice more and more certain coins being frozen for "maintenance" whenever the price would spike. Made me feel like they were always on the edge of not having enough funds to pay out. I think they really ride the line.
Bittrex: was great when I started here a coulple months ago. A ton of coins. I like the interface. Problems are that the minimum order is like 5x higher than at polo (50000sat), they have started freezing coins more often, they de-list in a way that may be slightly suspect, and they added a really low withdraw limit for people who haven't verified identity. Also, the fees seem kinda high, comparatively.
Kucoin: this one interests me. I trade like $20 worth of coin here and haven't tried to withdraw, so I have no idea if they're even legit at all, but I like the weird smattering of coins and they have a token for their exchange (KCS), so if you hold the token, you get dividends of a certain percentage of all the coins traded that day. More KCS = more daily income. It's a tempting idea, but with the current volume, it takes like $100 in kcs to get $.01 daily.
I think WCX is basically the same idea, except they only trade the main players (BTC, ETH, maybe more?) and I also can't get an invite there. It's on a limited invite basis at the moment.
Hope that helps.
(If anyone decides to try out kucoin, I'd appreciate you using my invite code. I'd post it here, but don't want people to think I'm spamming. I have the link in the Website field of my profile. I hope this little tag is kosher.)
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