list of Bitcoin exchanges by LEGAL trust?

[capoeira]

is there any list of that kind maintained?

what I mean by "legal trust"?
I mean that in terms of how easy or hard it would be to get the money back by legal methods (lawyers) in case of a "problem"

[1715071244]

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[1Referee]

None in existence that I know of, or it must be burried somewhere deep with a title not allowing it to be found easily by a simple search command.

It's near impossible to accurately name up an exchange based on how easy or difficult it is to get your money off that platform legally in case of a problem. The problems people experience resulting in stuck funds can vary in such a way, that you can't just judge an exchange based on one or two single cases. The complexity of a problem and the time frame of the market are heavily influencing every outcome.

In some cases an exchange also relies on third parties or authorities to solve problems, so it's not always up to the exchange itself.

[capoeira]

None in existence that I know of, or it must be burried somewhere deep with a title not allowing it to be found easily by a simple search command.

It's near impossible to accurately name up an exchange based on how easy or difficult it is to get your money off that platform legally in case of a problem. The problems people experience resulting in stuck funds can vary in such a way, that you can't just judge an exchange based on one or two single cases. The complexity of a problem and the time frame of the market are heavily influencing every outcome.

In some cases an exchange also relies on third parties or authorities to solve problems, so it's not always up to the exchange itself.

well,
things like
- where is the exchange based? is it registred there? how does legal action work in that place?
would come first into my mind.

only after that I would add experiences of users to this

[magneto]

I guess you'd really be looking for exchanges located in a country with a working legal system, and is also regulated and licensed. Exchanges that pop into mind would probably be like Coinbase, Bitstamp, Kraken, etc.

Obviously no experience with these things, but you're definitely not going to have the same sort of experience if you were to go down the legal path with an unregulated and unlicensed exchange e.g. yobit. Also, if possible, choose exchanges based on your country. International law suits are probably going to be a hassle if not unfeasible anyways.

Just because an exchange is licensed doesn't mean that you should trust it completely. They could still screw you over by asking for draconian measures of KYC documents, or freezing your account. It's much better to choose an exchange that not only has legality, but also has a good reputation of being honest and just generally treating their customers with respect.

[stomachgrowls]

Just because an exchange is licensed doesn't mean that you should trust it completely. They could still screw you over by asking for draconian measures of KYC documents, or freezing your account. It's much better to choose an exchange that not only has legality, but also has a good reputation of being honest and just generally treating their customers with respect.

Direct to the point and I do much prefer this stuff also but op do really matters about legal trust which you had said above about those exchangers those are heavily tied or complied with government rules which its normal for you to possibly experience about tight verifications if they wanted to compared into other exchange which doesn't have these tie ups. It might indeed have some positive side when it comes to security but in return the eyes of the government would always stare at you as a user.

[capoeira]

I guess you'd really be looking for exchanges located in a country with a working legal system, and is also regulated and licensed. Exchanges that pop into mind would probably be like Coinbase, Bitstamp, Kraken, etc.

Obviously no experience with these things, but you're definitely not going to have the same sort of experience if you were to go down the legal path with an unregulated and unlicensed exchange e.g. yobit. Also, if possible, choose exchanges based on your country. International law suits are probably going to be a hassle if not unfeasible anyways.

Just because an exchange is licensed doesn't mean that you should trust it completely. They could still screw you over by asking for draconian measures of KYC documents, or freezing your account. It's much better to choose an exchange that not only has legality, but also has a good reputation of being honest and just generally treating their customers with respect.

thanks for your post

The Bitcoin exchanges today claim to have learned from Mt. Gox and present themselves ... Coinbase has emerged as one of the high profile names in the Bitcoin world placing itself

the problem is, in every exchange when you click security, they only talk about security of the coins. they don't even care to explain what would prevent them from stealing you lol