Best exchange to trade? Why?

[sammyh]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

[1714973104]

1714973104

[1714973104]

1714973104

[1714973104]

1714973104

[1714973104]

1714973104

[Thanasis]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Poloniex is one of the best exchanges to trade because the fee structure is very less when compared to Bittrex or Binance and they also has no ID verification upto limit of $2000 perday.So it is bet for small traders to trade anonymously.And almost all the coins are available in Poloniex so it is best in my opinion.

[ibnsumarwan]

I think the best place to trade, is local exchanger,,
 

[Crytptohack]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Like a lot of things in this world, there is no 'best' exchange IMO. There are pluses and minus's to all of them. Some have lower fees, some have faster transactions, better customer support, no customer support, security issues (hacks), over personal verification, deposit and withdraw limitations, intuitive GUI (or lack thereof).

I think it's best to be able to use various exchanges as not all of them carry the same coins/tokens. Plus many only trade a BTC pair, not ETH pairs or LTC pairs or ?

In the future, you can do an atomic swap with others around the world. (Exchange coin X for coin X from X)

There are also swap sites like Shapeshift, Blocktrades, coinswitch, changelly...

[Shishir99]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

In my opinion currently the best exchange is Binance.
Binance has some excellent features.They have mobile application which is great in terms of usability.Binance has less fees than other exchanges.Beside that Kucoin is also a good exchange.

[MiiDoViic]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

In my opinion currently the best exchange is Binance.
Binance has some excellent features.They have mobile application which is great in terms of usability.Binance has less fees than other exchanges.Beside that Kucoin is also a good exchange.

Defenitly binance . It's way easier to work with and offer a withdraw amount of 2btc a da that's if you don't have ID verification.
Ever since i started trading i've been using that platform and never had a problem with them . Their team is out there and trust worthy. Also you have the possiblity of lowering the fees way more if you use their coin bnb to 0.05%.

[Bouriffe]

I made my homework few months back and I think my conclusion (Binance) is still valid but what is true today might not be true in few months (same analysis a year before would have probably lead me to Kraken/Polo/Crypto... as Binance was not yet live at the time!!!). So my pros/cons as a Binance user:

+ Stable and usable platform despite recent huge registration increase
+ High volumes so most pairs are very liquid and very close from CoinMarketCap prices
+ Low Fees especially if you pay fees in BNB (Binance Coin you can trade like any other coin, probabl the first coin to buy I would say)
+ No registration verification below 2BTC  / 24h
+ 2FA available which is MUST have for me

= UI is average (do not hesitate to use the Basic one if Advanced one is lagging too much)

- Binance Limited registration jurisdiction is not clearly mentioned: it seems it is Shanghai and not Hong-Kong (which I see as a potential risk)
- Impossible to easily track Gain and Loss
- No PGP keys for mail exchange
- Support seems currently a bit overwhelmed

I am currently looking at Kucoin (I have already setup an account) but not yet using it since volume are still low compare to Binance (volume is an important parameter to avoid huge Ask/Bid spread). I will probably use it to widen coin pairs available and also to diversify risk.

[@DonFidel]

The best excganges are the ones that:
- uses multisigns
- offers margin trading
- have cold wallets for coins storage
- have decent volumes

[alyssa85]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

It depends on where you are located.

If you are in Europe, use Kraken, they have maker/taker fees. They have fixed the bugs that were slowing down their trading engine. They are secure (have never been hacked). Best of all they do fiat withdrawals via SEPA that give you your money within 24 hours and the fee for withdrawal is only 9 cents.

[AllCoinHunter]

I have an opinion you should try some places. everyone has their favorite place to exchange. I myself have several exchange places. because not all places exchange the same price.

[kolega]

I use multiple exchanges. On Bitfinex, there are convenient tools for analysing charts, but few coins. Binance occasionally appear on coins and tokens earlier than in other markets. On Yobit more than 1000 coins, but small volumes of trade

[kenzawak]

First you choose a coin ,then you choose the exchange .
Diversify .Buy wherever the price is best .
If you put everything in one exchange and it gets hacked ,you're fucked.

[jclick]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Any trade which is having more fluent Buy/Sell activities are good for Trading. Otherwise it will become problem and all speculations can get wrong.

So choose a trade for whatever coin as per the fluency of buy/sell

[beskid]

Before you find out which exchange is better, you should determine your work profile, as some criteria for choosing a site for exchange depend on this. Therefore, first determine what you will do with the crypto currency:

Mining with the help of trusses and similar means;
sell and buy - a trader;
invest in development - investor.
Criteria for choosing a stock exchange for miners

Determine which exchange is better for the miner, you can by the following criteria:
there are funds for the withdrawal of the currency from the exchange, that is, the exchanger must ensure the conversion of the crypto currency into dollars, rubles or other necessary currency;
whether there are payment systems available to you for which funds will be transferred;
presence of trading crypto-currency pairs, connecting the crypt you are interested in and some other common currency.

Criteria for choosing an exchange for traders
In this case, you need to pay attention to other features of exchangers:
The larger the volume of open transactions on the stock exchange, the better;
the commission rate exists on each exchange, therefore it is necessary to choose the smallest;
the possibility of carrying out operations with leverage, which increases the profitability of speculative transactions, but also increases the risk.

Criteria for choosing an exchange for investors
With the main emphasis on investing in crypto currency, attention should be paid to the following site parameters:

the ability to quickly withdraw funds to the wallet;
preference should be given to exchanges of the top five in the rating on the volume of transactions with crypto-currencies - this will reduce risks;
we do not recommend to stop on one type of crypto currency.
Optimal to choose 10-20 promising altcoyins.

Worth looking at the time-tested exchanges: Poloniex, Kraken, Bitfinex, Bittrex, Bitstamp. The rating of the exchanges was calculated on the basis of certain parameters:
the volume of currency transactions,
number of crypto-currency pairs,
the possibility of exchanging for fiat currencies, and so on.

[havicvotre]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Etherdelta. because as long as I know the crypto where I am trading is etherdelta and up to now I always trade in etherdelta. I've tried trading in other exchange places. but do not know why I better trade in etherdelta than others.

[aintnopassincraze]

I like the concept of being anonymous and so I go wherever this is possible. Currently I can get that done at Binance, Poloniex, EtherDelta, Mercatox, and a few more. Out of those top exchanges Binance is only that trades a lot of coins and has the anon aspect therefore it is the current best in my view.

[meyklove]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Well it depends on your taste actually. I'm using 4 accounts while trading (poloniex, bittrex, hitbtc and yobit) because some exchanges don't have the coin I trade.

[doedz]

Would like recommendation on best exchange to trade on and reason why you believe the exchange is better than others?

Well it depends on your taste actually. I'm using 4 accounts while trading (poloniex, bittrex, hitbtc and yobit) because some exchanges don't have the coin I trade.

I suggest being careful with HitBTC, my friend has a bad case.
token delivery is successful but the coin disappears. this is strange and often happens.
better binance and kucoin.

[gabmen]

Better to have an account in the top ten exchanges since not all coins are available everywhere and each of these exchanges have their own strengths and issues. You're already making a risk when you put your coins from your wallet to these exchanges so study the good and negative points for each that you're planning to use

[Emperor of Man]

People like binance more than the other exchanges these days. Also, looks like it has become the 1st exchange volume-wise:

https://coinmarketcap.com/exchanges/volume/24-hour/

It used to be bittrex the popular hotshot a few months back, but many people don't like/trust them anymore (strict to add new coins/strange problem of disabled accounts/bad UI/ etc...).