How to choose the right exchange?

[Lenzie]

What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

First of all the coin that you are using must be present on the exchange. Then look for the ease and convenience. I am using mobile most of the time so I am after an exchange with a mobile friendly interface. Poloniex fits right in. Plus it has high volumes and more crypto that can be traded. Fast transaction and easy to maneuver than bittrex, nova and any other exchange. I think it is also secured because of the 2FA authentication.

[EugeneReigns]

In my opinion, if you want to invest or trade not only BTC and ETH, but also other promising altcoins, then the best choice today is Bittrex, Binance, and Poloniex.
I wouldn't have said Poloniex earlier because it had some problems before. But it was the best, the oldest and the most popular cryptocurrency exchange not long ago before it faced problems. Recently Poloniex was bought by Circle and it promised that all the troubles with support and customer service will be operatively solved. I think they will keep their word, it is in their interests. I guess, soon we will see the revival of the good, old and beloved Poloniex. Hopefully, all the old clients of this exchange will come back there soon. As a matter of fact, this exchange platform is very easy to understand and navigate.
So, don't be afraid to use these three exchanges. I understand, how important is this issue, especially for a beginner. When I started to invest in crypto, I couldn't decide which exchange to choose myself, 'cause every exchange had bad reviews and feedback on various websites. But when you start dealing it yourself, you can understand most of the people, who say bad things about exchange services, simply make mistakes themselves, being inattentive, not reading all the terms and rules.
Wish you good luck with your choice.

[idgaf007]

I like the mainstream exchanges like bittrex, binance and kucoin. Just be sure to check the spelling of the url before going. My number 1 exchange is binance because they have good coins listed on their exchange plus they give lots of freebies 😊

[ChainSmoker]

Before using any exchange i consider following things.
1.If it has KYC or not.I only use exchanges that have no KYC.We are using crypto right?
2.If should have instant withdraw for cryptos.
3.It should be well known and reliable exchange.
4.It should provide good number of security options.

[LovelyFLOWER]

What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

For me the better exchange of do i want to have is more on altcoins because for me it is good and i know that it is worth it when i already had more altcoins to be exchange and used or such sell . Altcoin is the best for me since altcoin is too much expensive i would choose it again and again.

[Sithara007]

Go for an exchange which is having a good reputation. I still remember what happened in 2014. There were only two big exchanges back then - Mt Gox and BTC-e. The vast majority of the users were favoring Mt Gox over BTC-e, because the CEO of Mt Gox was a well known figure. And we know what happened to Mt Gox in the end.

[Dudeperfect]

I usually go with the pairs having high trade volume on the market wall and I rarely pick any non popular pair. I usually go with Changelly, Yobit, Zebpay and Unocoin. For me, lowest fees and speedy process are primary factors to determine which exchange to use for trade. I am less trader and more investor and you get a sense of proper timing in the same with some experience.

[buwaytress]

Before using any exchange i consider following things.
1.If it has KYC or not.I only use exchanges that have no KYC.We are using crypto right?
2.If should have instant withdraw for cryptos.
3.It should be well known and reliable exchange.
4.It should provide good number of security options.

Then you must not have serious amounts of trades to make, I guess! Check out all the daily trading volume, especially for Bitcoin markets. The vast majority of it happens on centralised exchanges that require KYC. You're talking about well-known and reliable too... all the reputable ones need KYC.

Of course, completely agree that we shouldn't need to - and that's why I still believe these decentralised exchanges (or at least, trustless) or even simple atomic swaps will one day become big. If all of them could just pull their acts together - we'd have a lot more choices.

I wouldn't risk much of my coins on an exchange without KYC either... I think guys like Yobit are really popular for that but it's a matter of time before their hands will be forced - or they get in trouble. And clients would be the first to suffer.

[WSDN]

the first you have to choose the exchanges which support your coins. The second search google about the exchanges information. the last, choose the exchange which has bigger transaction's proportion.

[eolitic]

has anyone heard about binance today? it was hacked.  this is just another proof of one old truth. don't put all your eggs in one basket. even if we talk about such a serious exchange, anything can happen even to the best ones.

[crystalworld]

That won't be easily done, accept the creator of bitcoin agrees to review him self to the public and give his key code out.

[rollingstorm45]

everyone has different tastes for their choice of exchanges
if you like a safe exchange, then look for an exchange that obliges KYC to all its users, like Bittrex
and if you like a simple exchange, without having to register, then try IDEX or Fork Delta
if you like a trusted exchange, visit Binance, Okex, KuCoin, and more

[svladovsky]

What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

This question is being asked million times a day. There is NO ultimate answer for you. Find the best exchange yourself, be critical, do research. Nobody's gonna give you the answer.

[OuterTech]

The choice of exchange floor depends on the cryptos you need to exchange. For example, if you need to buy or sell NEO, you can look for Coinmarketcap, the Market section will display all the exchange floors that NEO is allowed to trade on. As NEO is currently trading mainly on Binance, Upbit, and Bitfinex, trading volume is over 10% so you can be assured when trading in these exchanges!

[BlockchainGod]

Personally I use Wix.nz (I not kidding). Previously, it was BTC-E. I use it because I have used it since 2013 and I have never experienced problems (except those that arose in June ) and there is a convenient withdrawal. You can get cash without even going through verification. It's very convenient for me.

[levvv]

What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

it is various and depends on your needs. there are two exchange, decentralized and centralized exchange.
if you want to low fee, choose decentralized exchange, but it is not too reliable i think.

[chipzeru]

What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

It depends on your needs. For example, Binance is a good exchange with big volume which is good for daytrading but the fee is a bit expensive (except using BNB) and not allowing you to trade with small number of altcoins. Bittrex also has a big volume with low fees and allowing you to trade with small number but you need to pass KYC in order to be able to withdraw you altcoins and the support is a little bit late. For the platform/UI, i can't say which one is better as it depends on the people itself. That's all based on my experience.

[Shuvrofpro]

First of all need to know basic information like the name of the admin, exchange history, location of the exchange and their security systems.  Another important thing is how good you are in trading and how pick good coin. A lot of exchange has in crypto currencies. I think Bittrex and binance both are good choice. These exchange have a lot of potential coin and good volume.

[conceivedspoon2]

Exchanges are ways of converting your earned tokens or access to market. Some are locally created for its member state and some have global presence. Some of the exchanges do not have major coins. So, while choosing exchanges, choose the ones that have more coins and global presence. binance, bittrex and coinexchange have major and mostly emerging coins.

[candy69]

You have to see user-feedback of various exchanges. You have to choose exchange that have positive user-feedback. At present, Bittrex and Binance are the best. Binance has got more positive user-feeback over the past six months.