Bitcoin Forum
October 20, 2018, 05:52:51 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Essentials of picking an exchange & the top 11 exchanges  (Read 98 times)
vintages
Full Member
***
Offline Offline

Activity: 448
Merit: 136


View Profile
August 12, 2018, 04:13:26 PM
 #21

When picking an exchange, you should first consider if it's a decentralised one or not. Do not make the mistake of choosing a centralized exchange to decentralised one if you don't want your fund to suddenly want to get missing. Also chose an exchange that has positive reviews from users because people are good at making bad reviews if they don't get what they want. Checkout the site if it's easy to navigate.
1540014771
Hero Member
*
Offline Offline

Posts: 1540014771

View Profile Personal Message (Offline)

Ignore
1540014771
Reply with quote  #2

1540014771
Report to moderator
1540014771
Hero Member
*
Offline Offline

Posts: 1540014771

View Profile Personal Message (Offline)

Ignore
1540014771
Reply with quote  #2

1540014771
Report to moderator
1540014771
Hero Member
*
Offline Offline

Posts: 1540014771

View Profile Personal Message (Offline)

Ignore
1540014771
Reply with quote  #2

1540014771
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540014771
Hero Member
*
Offline Offline

Posts: 1540014771

View Profile Personal Message (Offline)

Ignore
1540014771
Reply with quote  #2

1540014771
Report to moderator
big_bankir
Newbie
*
Offline Offline

Activity: 105
Merit: 0


View Profile
August 12, 2018, 04:21:39 PM
 #22

I choose the stock exchange according to its functionality. It is very important for me that the exchange is very convenient and easy to use, therefore I choose crypto-exchange exchanges precisely by these criteria.
pakhitheboss
Jr. Member
*
Offline Offline

Activity: 210
Merit: 5

Alfa-Enzo:Introducing the First Global Smartmarket


View Profile
August 12, 2018, 04:25:20 PM
 #23

For me it has always been good volume, number of coins listed and good support. This has been my criteria always.
I prefer Binance, Kucoin and Huobi as they all have good volume, lot more coins lusted and an awesome support team
The charges are on the higher side, but that is okay for me. I have heard many bad reviews about some of them, but as long as it is  not hampering me. I am okay with them.

╭═══════ ALFA \▼/ ENZO ═══════╮
│    $3M PRIVATE SALE COMPLETED    │
╰════ https://www.alfaenzo.io ════╯
AbduRRozzaqAbduLLah
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
August 12, 2018, 05:32:21 PM
 #24

To achieve best benefit, trusted and credible exchange platform should be used,  binance and kucoin among others seem ok
Marlo Stanfield
Sr. Member
****
Offline Offline

Activity: 434
Merit: 275



View Profile
August 12, 2018, 05:46:58 PM
 #25

Even if you pick the best and most trustworthy exchanges to use, history as shown time and time against that you should basically never keep any significant value on them. Even some of the most respected exchanges can and have blown up in the past.
dgoswami12
Jr. Member
*
Offline Offline

Activity: 238
Merit: 2


View Profile WWW
August 12, 2018, 06:36:22 PM
 #26

Really good read: https://www.tokenmaven.com/the-top-10-cryptocurrency-exchanges-of-2018-572-2/

What do you guys think?? How do you pick your exchanges?
I regularly use two exchanges Kucoin and Binance , for Crypto Fiat direct buying another exchanges. And i dont like exchanges like Hitbtc , Gate.io for  High Withdrawl fees and not so user friendly interface. But never keep assts on exchanges if not so important , withdraw in respective Wallet.

██    FORESTING     ██
█ next-generation social media service █
based on blockchain technology
sufiasyl
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile WWW
August 17, 2018, 04:05:50 AM
 #27

Top exchanges are less risky that’s why investors are always choosing those exchange. From my perspective, I think Coinbase is the best exchange.
TimeTeller
Hero Member
*****
Offline Offline

Activity: 756
Merit: 513


View Profile
August 17, 2018, 06:41:44 AM
 #28

The article posted in the OP is very informative already.
You can get so many pointers from that single article alone.
For me, I'll just stick to big ones where I keep my bitcoin.
For tokens or other altcoins, I'll just trade them to exchanges where they are currently tradeable.
But afterwards, getting bitcoin/eth out of it, I usually convert it to doge for transfer purposes.
You know, very minimal charge as compared to bitcoin.
And then, send it to my trusted exchange where I keep my other coins.
And for me, up until now, polo and bittrex are my trusted ones.
kevoh
Full Member
***
Offline Offline

Activity: 378
Merit: 110


View Profile
August 17, 2018, 06:59:41 AM
 #29

The low transaction fees of an exchange, listing of coins, security and liquidity levels are very critical to me not just big names of exchanges!
chocolah29
Full Member
***
Offline Offline

Activity: 504
Merit: 128


View Profile
August 17, 2018, 09:54:05 AM
 #30

We try to stick with the anonymous bitcoin and altcoin exchanges, as the KYC/AML procedures in certain countries can be quite terrible.

Then there are the countries with different regulations, taxes or plans to ban crypto currencies. The more anonymity purchasers and traders of altcoins have, the better.

Anonymity is part of crypto industry and we all want to be pseudonymous so we can have this full privacy that's why I'm picking hence using exchange sites that doesn't need to undergo kyc for withdrawing my funds. Even though decentralized exchange don't have full security that we want but still we remain here anonymous.

I'm into also in having a fast support that we can reach whenever we got mess and I don't mind the fees as long as I'm getting the services that I paid for.
hitrawal91
Full Member
***
Offline Offline

Activity: 350
Merit: 101


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 17, 2018, 10:54:35 AM
 #31

Really good read: https://www.tokenmaven.com/the-top-10-cryptocurrency-exchanges-of-2018-572-2/

What do you guys think?? How do you pick your exchanges?

I personally picked exchanges based on several reasons but the major one is a security of our funds. I always look for the exchanges which can give the best security for my funds and then i look for the transaction and other network fees which also matters a lot if you are day trader or investor, and then i look for the things like their chart analysis tools, deposit and withdrawal methods, their back office and  support team and many more else.

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!