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Author Topic: Need advise on choosing an exchange  (Read 180 times)
Coin12
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December 28, 2017, 07:26:07 AM
 #21


hi everyone..

I'm from Pakistan and am having difficultly in choosing an exchange. I basically need an exchange to which I can depot amount using my debit card and withdraw in USD as well. I've tired coinbase but it doesn't work for my country. Cex rates are quite expensive compared to ones on coinmarketcap. Bittrex doesn't accept money through debit card and there is no option of withdrawing in fiat.

Kindly advise a reliable exchange.



The advice is only depending on what do prefer. For example you want many choices of altcoin. So bittrex is the answer.
The other option of exchanger is binance. It is on top popular one too so thats mean binance is good choice too.

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qiman
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December 28, 2017, 08:10:31 AM
 #22

It is best to always choose several exchanges as there might not be coins you want to purchase on any specific exchange. KUCOIN, COSS, BINANCE and BITTREX are exchanges that I mainly go on as well as cryptopia and livecoin sometimes as well. HITBTC I used to trade on but their fees for withdrawals are terrible so decided against them and withdrawing my funds from there asap once I sell my coins at the price I want to sell them at as I do not want to sell them at a loss at this point.


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Jaci
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December 28, 2017, 08:12:42 AM
 #23

If you need crypto currency exchange you can use coinexchanger and if you want to dollar exchange you can use goldex.
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December 28, 2017, 01:36:59 PM
 #24

So many good site in currenzy exchange but i recommend binance or mercatox fast transaction and reliable.i used mercatox always.all you need to do is learn and explore your self tho what you think what is the best.goodluck
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December 28, 2017, 02:47:54 PM
 #25


hi everyone..

I'm from Pakistan and am having difficultly in choosing an exchange. I basically need an exchange to which I can depot amount using my debit card and withdraw in USD as well. I've tired coinbase but it doesn't work for my country. Cex rates are quite expensive compared to ones on coinmarketcap. Bittrex doesn't accept money through debit card and there is no option of withdrawing in fiat.

Kindly advise a reliable exchange.



The advice is only depending on what do prefer. For example you want many choices of altcoin. So bittrex is the answer.
The other option of exchanger is binance. It is on top popular one too so thats mean binance is good choice too.

I think you people are not understanding what exactly OP is looking for, he wants to deposit money using cards and withdraw in USD. in bittrex this option is not there and if you find any other websites, surely they will not give you exact price what coinmarketcap will show. I think to find some local exchanges this is the best option.
jamalnasir (OP)
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December 28, 2017, 04:17:31 PM
 #26

At present, the best exchanges trusted by many users are Binance, Cryptopia, and Kraken. You can create account in these exchanges. I don't have much idea about deposit and withdrawal of these exchanges.

These are great options for now. It seems like other trading services are having issues as well. Bittrex was one of my tops but they have really started messing up their system.

OP, these are good ones. For now, stay away from Bittrex. They're scamming people and ignoring their tickets when they post them. The one way people were able to get their tickets reopened is when a thread went viral on Reddit. This is just not the way to operate an exchange.

many thanks, however I've only found two exchanges that seem to be using debit card as an instrument of payment. CEX and Bitstamp - and both of them have a very limited number of coins.

My account is verified in CEX and it seems quite expensive.

Bitstamp and Bitfinex are taking forever to complete the verification process.
But that's not a big problem as long as you can still try to send your coin to another exchange that listed so many altcoin just like binance. Bitfinex is closed the new registration. And bitstamp looks very good place to buy such major coin.

But with the current rate of the bitcoin and the cex fees looks enough.

buying coins from one place and then sending them from one exchange to another is quite expensive I think... ?
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December 28, 2017, 04:21:16 PM
 #27

Here is a consolidated list of best cryptocurrency exchanges with my comments:

  • Binance – Offers mobile app and probably the fastest growing exchange
  • Changelly: Perfect for quick crypto exchange. Easy to use and great for beginners.
  • Bittrex: One of the most used exchange.
  • Poloniex: If you using Binance or Bittrex, you don’t need this one. However, another popular exchange.
  • Bitfinex: Offers mobile app and a popular exchange. You can also lend crypto here to earn interest.
  • Cryptopia: Many undervalued cryptos can be found here.
  • Bitmex: One of the whales of Cryptocurrency exchange.
  • Coss: Great user experience

thanks for sharing this. in which of these I can deposit money through my debit card and take out in fiat as well?
jamalnasir (OP)
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December 28, 2017, 04:25:47 PM
 #28


hi everyone..

I'm from Pakistan and am having difficultly in choosing an exchange. I basically need an exchange to which I can depot amount using my debit card and withdraw in USD as well. I've tired coinbase but it doesn't work for my country. Cex rates are quite expensive compared to ones on coinmarketcap. Bittrex doesn't accept money through debit card and there is no option of withdrawing in fiat.

Kindly advise a reliable exchange.



The advice is only depending on what do prefer. For example you want many choices of altcoin. So bittrex is the answer.
The other option of exchanger is binance. It is on top popular one too so thats mean binance is good choice too.

I think you people are not understanding what exactly OP is looking for, he wants to deposit money using cards and withdraw in USD. in bittrex this option is not there and if you find any other websites, surely they will not give you exact price what coinmarketcap will show. I think to find some local exchanges this is the best option.

exactly! I think most of the people did not get what am looking for....

I can buy using localbitcoins but its expensive compared to international exchanges + if I transfer from it to another exchange like bittrex then there is a fee and the headache is that I cannot withdraw money in USD from bittrex as well.

Crypto is really simplifying our lives... lol 
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