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Author Topic: What are the best exchanges?  (Read 550 times)
hutchdavidson (OP)
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February 22, 2018, 10:38:02 PM
 #1

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?
HabBear
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February 22, 2018, 10:49:56 PM
 #2

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?

Welcome to the forum and the bitcoin world. I have a resource that might be very valuable for you...

Check out Exchanges Overview on CryptoCompare.com

They list loads of the exchanges available for a lot of cryptocurrencies. You can sort by their rating system and see which coins are supported by each exchange.

As you continue your search keep in mind that your Country of residence may impact the exchanges that are available to you. Good luck!
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February 22, 2018, 10:55:28 PM
 #3

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?

I used to use Poloniex a lot and had good experiences with them and liked the platform. The main things that made me switch was they stopped their chat box so you could no longer have real time conversations on the exchange with other customers and secondly I heard that some people were having problems with withdrawals and support.

I decided to switch over to Bitfinex which I liked a lot too and they also had IOTA on that exchange which I wanted to buy. Then they stopped allowing US customers so I had to switch again.

This time I chose Binance. I really like Binance so far because they have a lot of good coins and their platform is good.
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February 22, 2018, 11:01:35 PM
 #4

There are still lots of exchange places besides poloniex which is good including me, I used to use redeem such as bittrex, hitbtc, and also etherdelta I often use the place of exchange.
aintnopassincraze
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February 22, 2018, 11:49:55 PM
 #5

Poloniex had a lot of issues last summer, that is why they receive such huge flack as of late but generally they are decent as an exchange. However, I myself prefer trading mainly on Binance now but that is purely because they have most of the alts I had as of late. As long as the exchange doesn't scam me and has sufficient funds I could honestly care less, I traded XRB on Bitgrail and that worked out excellent. For me in that regard, there is no best exchange, just exchanges.

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February 22, 2018, 11:54:18 PM
 #6

Etherdelta is a great exchanger. I have used it for quite sometime now and it has been great. The only thing you have to watch out for is, as always, be cautious when on exchangers. Ether delta is beauiful
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February 22, 2018, 11:56:06 PM
 #7

In my opinion, bitfinex and binance are the best exchanges. I dont heard any issues about it even now. And i dont experience anything negative about it. So i recommend binance and bitfinex at all.
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February 22, 2018, 11:56:19 PM
 #8

In my opinion, the exchange in poloniex is good, but there are also many good exchange places like bittrex which also have a high level of security, as well as a very large trading volume in the market.
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February 23, 2018, 12:34:24 AM
 #9

It depends. It depends as example if u r looking for risk/speculation or reputation and affidability.. there are a lot of ex that are listing lot of shitcoin.. but who know about their loyalty?!

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February 23, 2018, 12:42:52 AM
 #10


I often do the exchange in etherdelta which I think is good even though the cost of gas is quite expensive.
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February 23, 2018, 12:47:08 AM
 #11

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?

Maybe everyone is still interested, with the exchange of Bittrex or Bitfinex, which is a very big exchange, and very good to start trading there ...
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February 23, 2018, 01:05:56 AM
 #12

for me is poloniex and mercatox, its easy to use.. yes i heard some issue about poloniex, but my transaction burst coin always success..

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ChiBitCTy
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February 23, 2018, 01:41:19 AM
Last edit: February 25, 2018, 07:42:31 AM by ChiBitCTy
 #13

Find a Bitcoin Exchange has been at tedious task for quite some time.  Speaking as someone from the United States the only decent exchanges for a while were Coinbase and Kraken.  Since those days things have gotten better and it seems like every day I see a new exchange pop up.  Be careful on which exchange you use however and never store your own coins at that exchange, make sure to always move coins to a paper wallet or hardware wallet such as Trezor.


My personal Favs- Binance, Coinbase, Kraken.

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appleyard
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February 23, 2018, 01:45:05 AM
 #14

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?

I used binance its smooth working and no issues as of now, I did not try other exchanges but i read lots of article regarding exchanges most of them are vulnerable in hacking, so the best practice here is not to store lots of money in exchanges because we will end up loser. i read on the news about exchanges being hacked no one get their funds from the owner.

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hutchdavidson (OP)
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February 23, 2018, 04:09:04 AM
 #15

I dont store anything on the exchange i will just shuffle from my ledger to the exchange to make my trades and get in and out. Probably just gonna stick with poloniex since im familiar.
Good info guys thanks appreciate it
bitcoin31
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February 23, 2018, 04:21:01 AM
 #16

Poloniex is one of the best exchanges site as of now and for sure even they will have problem to random people it's not problem to become popular this exchanges site. You can try to trade also in this exchanges site like bittrex, bibox, etherdelta. That exchanges site have not issue so you can start trade there.
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February 23, 2018, 04:49:27 AM
 #17

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?
poloniex is one of the top exchange site. But some peoples are using Bittrex and bitfinex so these two also good exchanges in crypto platform.
 If you want to change your exchange site you should try that else use poloniex because this is also best exchanges sites.

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February 23, 2018, 05:07:04 AM
 #18

Overall Coinbase is the best. Binance is great for altcoins. Gemini is pretty good too. For Europeans, Kraken can be good. And of course bittrex.

 
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February 23, 2018, 05:13:49 AM
 #19

Overall Coinbase is the best. Binance is great for altcoins. Gemini is pretty good too. For Europeans, Kraken can be good. And of course bittrex.

You have obviously not run into any problems with Coinbase yet? Their Helpdesk & Support is one of the worst I have ever experienced. They have grown much too fast for their service desk and it shows in the quality of support you get from them. I think Gemini is the better option here, but I am being biased.

Your geographical location will also determine which exchanges you can use, so make sure you check their ToS.   

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February 23, 2018, 05:18:30 AM
 #20

Ive been using poloniex with no issues but i keep hearing its not good. Whats the general concensus on the best exchanges?
We are both using the same exchange. I also used poloniex to convert cryptocurrency. I used it because one of my friend told me that poloniex is legit exchange and easy to use.
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