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Author Topic: What Exchange to use?  (Read 1025 times)
Botnake
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April 25, 2018, 07:26:24 AM
 #41

Hi guys, due too much people is starting in this world of trading. Some are coming from the forex world to the crypto world. There are 4 questions you can answer in order to help those newbies in to choose the best Exchange to trade.  Wink

Take in account there are more than 10k exchanges in the market according CoinMarketCap and continue growing up.
Ten thousand what? Exchanges? That is not true from the coinmarketcap you cited. It isn't up to that. Well, as exchanges go, it is highly advisable for everyone not to rely on just one exchange. Most.of them.have bad support system. Get registered on as many as you can. That is the way I operate mine. I check the coin I want to buy or trade on the exchange that has the highest volume for it and I head there. Volume means a lot to me.
That number of exchanges never exist, and by the way we do not need that many exchanges, we only need few that can accomodate
the growing demand of investors which are trusted. I know as the market is growing, exchanges will also increase but as investor or trader
we need to be more diligent and must only trust those sites with good reputation.

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April 25, 2018, 08:34:53 AM
 #42

I mainly trade on binance but I use bittrex as well, since they have some different pairs.  I like binance the most because they have referral incentives and I got a ton of people under me. ^__^  Their fees are pretty damn low too, if you use binance coins the fees for trading are only 00.05% of the transaction total. 
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April 25, 2018, 08:41:17 AM
 #43

Hi! I use Poloniex and Binance. No problem with exchange. I buy bitcoin on localbitcoins.net .Good rate
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April 25, 2018, 08:41:53 AM
 #44

I use HITBTC,EXMO and can suggest not to use Yobit at all they are scamers and just use their exchange to pump and dump coins and they support all hardworks for that.


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April 25, 2018, 08:45:50 AM
 #45

I miss the old good times when mtgox was the answer for any question in case of choosing the best crypto exchange  Grin

Currently using bunch of exchange - hitbtc, binance, kraken, bitfinex, bitstamp... None of them make me any problem, however I am more hodler than trader.
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April 25, 2018, 09:12:23 AM
 #46

I use HITBTC,EXMO and can suggest not to use Yobit at all they are scamers and just use their exchange to pump and dump coins and they support all hardworks for that.

Never encounter a serious problem with hitbtc upon using it but I can't recommend them to use either since there are so many people get some bad errors regarding on their trades,withdrawal and deposits.

And I strongly recommend to anyone to use those big exchange where we can trust our coins to trade with and here is the list of my trusted exchange.

1. Bittrex
2. Poloniex
3. Binance
4. Okex

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April 25, 2018, 09:52:23 AM
 #47

Hi guys, due too much people is starting in this world of trading. Some are coming from the forex world to the crypto world. There are 4 questions you can answer in order to help those newbies in to choose the best Exchange to trade.  Wink

Take in account there are more than 10k exchanges in the market according CoinMarketCap and continue growing up.  Cool

Personally I like Binance and Bittrex, they offer you security and low costs in transactions fees.

What Exchange do you use and why?
What Exchange would you recommend and why?
Any complain about some exchange?
Any Exchange has give you problems or difficulty with to withdraw your money?

Personally use Poloniex as a exchange platform, not only it is one of the best out there but it also has a wide variety if coins to chose from and it has a very low exchange fee, which makes makes exchanging to any currency a very easy and cheap, which is good for any new users who want to start trading, the only flaw that I see in this exchange platform is that they don't have an android app wich sucka for me because I am not able to do exchanges on the go I need to be in front of a computer, but if you have an IOs device this shouldn't be a problem for you.
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April 26, 2018, 05:53:00 PM
 #48

Any Exchange has give you problems or difficulty with to withdraw your money?

I recommend if you can avoid hitbtc exchange because they got a lot of issues like deposit delay, withdrawal delay, coins missing and absolutely no response from their support team. I used them sometimes because some of the coins only available on this site so no choice and took a risk to trade my coins and received only after a few days.
HitBTC and Yobit are even the 2 exchanges one should avoid like plague. It is really funny how some people still get to use these 2 exchanges though despite all the review on them. I have been very used to bittrex and I have always remained loyal since I have never had an issue with them for more than a year that I have been using them.

Although, Binance is also trying to take the love away from bittrex though, but there is really nothing bad in using them both. I use these two exchanges because they are reliable, in terms of support, in terms of not having so much issues to even contact support and as long as you are doing the right thing, you should be fine.
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April 26, 2018, 05:57:36 PM
 #49

At this time I am using Binance and Bittrex for trading and I am satisfied with both of them as they are a good exchange and both have all the good coins in the market and they both have good features. Both are very trusted and user-friendly exchanges and I love trading on these exchanges.
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April 26, 2018, 06:05:35 PM
 #50

Hello, I use bitfinex, because there there are margin trading and very comfortable graphics.
And I joined bitfinex at November of 2017, so I shouldn't make deposit of 10k $, I  joined for free and very happy for this.
If u have 10k$, I strongly recommend u to join bitfinex))
Also i have account at binance, because it's the most popular exchange and the most simple too.
So, for beginners, the best exchange is binance!
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April 26, 2018, 06:39:15 PM
 #51

I like exchanges, which do not need to pass the KYC. The simplest and most pleasant for me:
Binance
HitBTC
Kucoin
Bibox (similar to Binance)
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April 26, 2018, 09:31:30 PM
 #52

Hi guys, due too much people is starting in this world of trading. Some are coming from the forex world to the crypto world. There are 4 questions you can answer in order to help those newbies in to choose the best Exchange to trade.  Wink

Take in account there are more than 10k exchanges in the market according CoinMarketCap and continue growing up.  Cool

Personally I like Binance and Bittrex, they offer you security and low costs in transactions fees.

What Exchange do you use and why?
What Exchange would you recommend and why?
Any complain about some exchange?
Any Exchange has give you problems or difficulty with to withdraw your money?


The advantages of Exmo

The first advantage, which is noted by all the reviews about the Exmo Exchange, is that it is extremely easy to use and will definitely fit for beginners. And it's not just the Russian interface, but also the simplicity of navigation and functions. Plus, there is not a large number of rare coins that would distract a trader from the process of obtaining a profit.

The second advantage - unlike most other exchanges, which work only with crypto currency, there are available fiat tools here! And not only the dollar, but also rubles, hryvnia and other national currencies.
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April 26, 2018, 11:22:58 PM
 #53

I know a lot of people which they come from the forex world to this crypto world without any knowledge, I advice them first to make a good knowledge about crypto, and the move of the market, search about the good coins and the few of them that you think they will increase in the future. Personally, I have used until now 2 exchangers, The first one is Poloniex, I advice anyone to use it, it's an amazing platform for trading, deposit and withdraw will done in few minutes, they charge a low fee when you withdraw your money, the second one is binance, I don't used it too much, but it seems a very good exchanger.
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April 26, 2018, 11:39:55 PM
 #54

for me I don't have a special exchange I go to because I don't day trade; if I were a day trader I think I would choose bittrex. what I do is invest in coins and tokens and wherever that coin takes me I just go there and do my business.

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April 26, 2018, 11:55:09 PM
 #55

Hi guys, due too much people is starting in this world of trading. Some are coming from the forex world to the crypto world. There are 4 questions you can answer in order to help those newbies in to choose the best Exchange to trade.  Wink
Take in account there are more than 10k exchanges in the market according CoinMarketCap and continue growing up.  Cool
Personally I like Binance and Bittrex, they offer you security and low costs in transactions fees.
For alt coins bittrex is the exchange i trade, earlier i used to trade with Poloniex but once they had problems with trading and withdrawal i switched to bittrex, then i will be using local exchanges to trade and to invest using fiat currencies and some of the coins i trade are present in decentralized exchanges like Idex, then i will be using many other exchanges for arbitrary trading depending on the price difference.
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April 27, 2018, 12:29:04 AM
 #56

Binance is the  best exchange right now

✓ low fees (0.1-0.05)
✓ have their own coin (-50% discount to fees if used)
✓ great altcoin volume
✓ great security

visit their website https://www.binance.com/
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April 27, 2018, 05:42:21 PM
 #57

I use Coinbase and Binance exchange for trading in cryptocurrencies. Coinbase is available in 32 countries starting from North America to Australia. It is beginner friendly and the major coins are available like Bitcoin, Bitcoin cash, ETH and LTC. Fiat money can also be used. However if you are an expert trader who knows the crypto market very well and can handle the crypto trading pairs then Binance is the ultimate platform for you to trade. Binance has the lowest of fees and I can't really remember any issue that I heard with it lately except just one when after which they even took actions at pretty accurate moment.
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April 28, 2018, 10:15:05 AM
 #58

Since 3 years in crypto market i was used many exchange, first exchange that i used is poloniex and Bittrex and until now these exchange still good. But because they slow in customer support and they dont add new potential coins, some trader was move to the others exchange. And the most popular and the biggest exchange according to daily volume transaction is Binance. Others good exchange that i used it is Huobi and gate.io.
My first exchange was actually poloniex and bittrex as well until poloniex started messing up and I guess they have lost that privilege from me already of being referred to as a good exchange. Although, there is really no exchange that does not have its own flaws but for the time that I have been using bittrex, I have never had a single problem and there comes binance which even started making things easier.

Security wise, as long as you are using a tough measure such as 2FA and you do not give any phishing a chance, one should always be good on any of these 2 exchanges.
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April 28, 2018, 01:19:52 PM
 #59

What Exchange do you use and why?
I am not an trader so I hardly uses exchanges to sell the altcoins,I always uses LBC for selling the bitcoin for a while because where we can get the best offer than in the exchanges
What Exchange would you recommend and why?
As you said Binance,Bitterex and in addition to that Poloniex there are the best and reputed exchanges for to use in my opinion but there are lots of othe exchanges are also available.
Any complain about some exchange?
Each and evey exchange have the complaint of poor support from them when there is an issue  in withdrawing funds or complaints over the receiving funds to the exchange wallet,it takes so long to get a response from them.
Any Exchange has give you problems or difficulty with to withdraw your money?
I never faced any issues with any exchanges because I am hardly using the exchanges,becuase I am seeing crypto as future money not an trading material.
Eehm, I thought that Bitter and Poloniex are not accepting new traders anymore. Heard that people now have to buy account from those who no longer wants to make use of theirs.And if I’m right, Binance is also doing the limited users registration thing. Maybe you should consider Gate.io orBitmex, the both exchangers are really good and has good reputation online too, though seems to beat them all round, and everyone wants to get into Binance. I did heard that there are hours when registration is opened for Binance every day, maybe you can take the chance.
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April 28, 2018, 02:43:41 PM
 #60

some of traders to make successful in trading, the best choose exchange biggest volume in 24 hours like bittrex and binance but there are lots of othe exchanges are also good to trading.
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