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Author Topic: What's your favorite exchange?  (Read 20323 times)
NOAHCOINOfficial (OP)
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July 04, 2018, 11:12:47 AM
 #1

There are many exchanges out there. Which one do you use and why?
Thanks!
Tytanowy Janusz
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July 04, 2018, 11:37:30 AM
 #2

There are many exchanges out there. Which one do you use and why?
Thanks!

i have accounts of coinbene, kucoin, bitfinex, uex, huobi, binance, cryptopia. For everyday use i choise binance. Very low fees, sharp (when you place order its on market in the same second), has great mobile app and desktop  app with great interface. Its also the best secured in my opinion. Binance even helps users with hacked accounts - they have whose system for that and already prevented 2 massive theft form their users account from stolen API keys - they also started a Secure Asset Fund for Users (SAFU). Starting from 2018/07/14, they will allocate 10% of all trading fees received into SAFU to offer protection to users and their funds in extreme cases..
Rest of them i use only if coin that i want to sell/buy is not listed on binance.

Acording to fees, sharpness, interface, sense of security i would rank them

1- binance
2- nothing
3- nothing
4- nothing
5- huobi
6- bitfinex
7- kucoin
8- cryptopia
9- coinbene
100- uex

I also use decentralized forkdelta for coins not listed on any centralized exchange (mostly from airdrops).
hash-pool.eu
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July 04, 2018, 11:39:14 AM
 #3

Gdax, Binance and Kucoin are my favorites. Clean design, it seems that they attach importance to security, fast deposits and withdrawals.

I really tested many exchanges and it's not easy to find good ones. Gdax is the best one to buy into crypto with fiat.

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charlotte04
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July 04, 2018, 11:40:51 AM
 #4

There are many exchanges out there. Which one do you use and why?
Thanks!

If you want to find out what is the best exchange there is then you should try to pick for the one who is the number one of them all, but their would be a problem since it is the number one then hackers will try to hack that exchange.
Tytanowy Janusz
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July 04, 2018, 11:48:22 AM
 #5

There are many exchanges out there. Which one do you use and why?
Thanks!

If you want to find out what is the best exchange there is then you should try to pick for the one who is the number one of them all, but their would be a problem since it is the number one then hackers will try to hack that exchange.

If the biggest exchange will be hacked in small scale it will cover users losts (like bithumb did when he lost 40 mil in hack) - you will lost nothing no matter if you are inside or outside of the biggest exhange
If the biggest exchange will be hacked in big scale whole market will suffer and bitcoin will stop at 1-2k - like after mtgox hack - you will lost 80% of your investment beeing outside of biggest exchange or 100% beeing inside of biggest exchange.

If small exchange will be hacked in any scale they will probably disapper - you will lose 100 % of your investment beeing inside and 0% beeing outside

This arguments shows that it is better to choise big exchanges - even if they are on the hackers radar - they also have more money for better protection.
mobnepal
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July 04, 2018, 12:39:14 PM
 #6

Binance - Because I don't have to give my personal documents to just trade and withdraw coins. I never withdraw greater than 2BTC per day so that limit is enough as unverified user.

Kucoin - Even though they have KYC, I haven't gone through it because I can still withdraw what I have there. I am just using it as an alternative when some coin's wallet get into maintainance in binance.

Weltrade - Recently started using them for margin trading in crypto markets.
Koro-Sensei
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July 04, 2018, 12:55:17 PM
 #7

There are many exchanges out there. Which one do you use and why?
Thanks!
I would say binance so far. Been using it for som time now but the fees and withdrawals takes me out. Just thinking about it is ridiculous for me since I trade for a little amount then leave it after some another time. But this method takes me out too. The user interface in binance is far more advanced and user friendly from all of my experiences in trading so far.
cryptothreads
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July 04, 2018, 01:17:21 PM
 #8

There are many exchanges out there. Which one do you use and why?
Thanks!
I like new exchanges and among them Coinex, Coinbene, Gate are my most interesting exchanges since these are new exchanges and very good trading volume in recent times. I personally use Binance exchanges but Binance recently repeatedly made mistakes and caused many people to lose their money at this exchange. I think people should choose new exchanges because these are exchanges that can help us make a good profit
Ctn
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July 04, 2018, 01:24:40 PM
 #9

There are many exchanges out there. Which one do you use and why?
Thanks!

Yes there are many more exchanges but I always used only one to trade and invest into my portfolio! Thats Binance

Dont know why but this exchanger always have been very attached for me due to its ease of use. The number one thing is, its UI is perfect one, you can literally get everything that you need during your trade in single window and thats what I always wanted to have.

This exchanger never lags in front of me and neither it has ever gotten its wallets shut off for longer than hour or so. The mobile app is the same thing, literally everything is slim fit over my android and amuses me lot.
plpatel
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July 04, 2018, 02:09:19 PM
 #10

There are many exchanges out there. Which one do you use and why?
Thanks!

I have been registered with many exchanges, but currently I like to do most of my trades on small exchanges rather than big exchanges.
I feel comfortable while trading in these small exchanges, though some trade takes couple of days to fill up, but it's ok for me. As soon I grow in confidence in trading, I will shift to bigger exchanges.

Tytanowy Janusz
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July 04, 2018, 02:13:06 PM
 #11

There are many exchanges out there. Which one do you use and why?
Thanks!
I like new exchanges and among them Coinex, Coinbene, Gate are my most interesting exchanges since these are new exchanges and very good trading volume in recent times. I personally use Binance exchanges but Binance recently repeatedly made mistakes and caused many people to lose their money at this exchange. I think people should choose new exchanges because these are exchanges that can help us make a good profit
What a nonsense. You win a contest for the worst post ive read this week.

What mistakes? They didnt do any and also protect those users who cant protect their own API key. Tell them that binance made mistakes. Their API key was stolen, hacker used it on exchange, binance detect it, locked withdrawals and give back token to users - name another exchange with that attitude to user.

I think people should choose new exchanges because these are exchanges that can help us make a good profit

It is like "last time i bought lottery ticket in this store and i didnt win, next time ill buy lottery ticket in the same lottery but in different store".


I have been registered with many exchanges, but currently I like to do most of my trades on small exchanges rather than big exchanges.
I feel comfortable while trading in these small exchanges, though some trade takes couple of days to fill up, but it's ok for me. As soon I grow in confidence in trading, I will shift to bigger exchanges.
Smaller exchanges are harder for newbies - higher spread - less space for mistakes. Who said to You that small exchanges are for newbie and big for experienced?
Cryptogid
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July 04, 2018, 03:29:13 PM
 #12

Though every body or app is can malfunction a times like binance did while ago,but they are still my favourite, the security measures are one in a million.. And a good integrated systems..
N0VESKE
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July 04, 2018, 03:33:50 PM
 #13

There are many EX
and i like  >  binance
MuhNofa
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July 04, 2018, 05:47:28 PM
 #14

i use a lot of exchange like bittrex, poloniex, hitbtc and others but i most often use bittrex because its security is very tight and also good for tranding place because price movement in bittrex is fast enough
Taki
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July 04, 2018, 06:11:07 PM
 #15

I used YoBit for two years, but recently I moved to Livecoin, because of they are fast and cheap for cashing out. In my situation I need a financial injection like one two times a month, so I cash out pretty often by little and small fees for it is exactly what attract me the most.
RonaldTerry000
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July 04, 2018, 06:23:16 PM
 #16


None yet, but soon I will have since I am waiting for trade.io exchange to be launch this July! yieeepeee
Vimukkthi Vithanage
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July 04, 2018, 06:25:22 PM
 #17

My favourite exchange is OKEX , it's easy to use , security is very high. and reliable
LeGaulois
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July 04, 2018, 06:27:32 PM
 #18

I like Cryptopia and Kraken. I don't need anything else as both are working well for me. Cryptopia has many altcoins listed and up to now they never bothered me with the ridiculous KYC procedure. And Kraken is working well with my bank. Both are delivering what is advertised, so I stick with both

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Mak7im4ik7
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July 04, 2018, 06:57:58 PM
 #19

there was a benass, because it was convenient. but after a recent hacking api keys I'm afraid to keep balance, maybe not only through api hack
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July 05, 2018, 01:21:38 AM
 #20

there was a benass, because it was convenient. but after a recent hacking api keys I'm afraid to keep balance, maybe not only through api hack

You talking about Binance? Yes, they were hacked previously but it wasn't successful as they halted the withdrawal once that's red flag is all over on the trading floor. It means they are on top of the situation and I believed they caught it during the hacked, that's why they're able to stop it real-time and the good part is that no money was lost, except for the hackers. I suggest you go and search for the facts. So it is still convenient to trade in Binance because they have proven already why they are the # 1 trading platform right now. I also like OKEx, although tokens are very limited unlike HitBTC or ED, I find the exchange very trusted and so far so good for me. No withdrawal issues whatsoever.

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