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Poll
Question: Who provides the best bitcoin exchange software?
Bitcoin - 2 (50%)
Blockchain - 2 (50%)
Total Voters: 4

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Author Topic: Bitcoin exchange  (Read 777 times)
JacobScott (OP)
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December 31, 2018, 11:01:00 AM
 #1

I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.
Pmalek
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December 31, 2018, 11:12:51 AM
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 #2

Since you are new, please familiarise yourself with the forum rules:
https://bitcointalk.org/index.php?topic=703657.0#post_rules

You can use https://coinmarketcap.com/ to view a list of available crypto currencies and the exchanges https://coinmarketcap.com/rankings/exchanges/ on which they are traded.

But, be aware that the majority of crypto exchanges fake their trading volume, more on that here:
https://cryptoscanner.co/article/?article=BTI-Report-A-Majority-of-the-Cryptocurrency-Exchanges-Fake-the-Trading-Volumes-Data
 

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Yeahpro
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December 31, 2018, 11:42:20 AM
 #3

It depends on what you plan on doing on an exchange, trading, converting or buying (investing).

Binance is a great exchange for converting from one currency to the other. Bitcoin iams available as a base currency in all exchanges, so you would not have a problem converting on majority of them.
If you are buying with fiat, check out coinbase.
Also familiarize with cryptocurrency basics and how it works.
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December 31, 2018, 11:44:07 AM
 #4

The poll you’ve placed is inconsistent, and reminds me of another one (which I cannot locate now) created by a Newbie with an incoherent poll. I don’t know if that is a pattern that denotes something …

There are better examples on how to create a poll of a kind, like Best Exchange For New Traders.

There are some decent threads that go list them and give a summary of pros/cons of each one, such as List of Decentralized/Centralized Exchanges.

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December 31, 2018, 12:48:29 PM
 #5

One of the most reliable exchanges is binance.com
However they do not accept Fiat deposits.

So you need an exchange that have a Fiat pair. You need to look for a local exchange so you can trade your Fiat (USD for examples)for Bitcoin. Where are you from?

This is a very important question to determine which exchange you should use.

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Juggy777
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December 31, 2018, 02:55:52 PM
 #6

I am new in this bitcoin field. Kindly give your suggestions to understand who is the best in bitcoin exchange.

Hey welcome here before you begin investing in bitcoins, I would suggest you to learn a lot about bitcoins as you have zero knowledge of what it is. If you're looking for an exchange then you can check coinbase in my experience that's good, but i would advise you not to store your coins in an exchange as they're risky. I would recommend you to use Electrum, but only download it from it's official site and only update it from their site only.
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December 31, 2018, 05:19:46 PM
 #7

"Blockchain" isnt an exchange but there is a website "blockchain.com" which is .info before and now has an integrated exchange inside it. Before its just a wallet but now if you want to use that exchange inside them, you need to pass on their KYC.

Well, they didnt required it before but now they do. And as for the blockchain itself, you probably misunderstood it as an exchange but it is the technology that bitcoin uses. For the best bitcoin exchange, we have different preferences to declare what's the best and for me it is binance.

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January 01, 2019, 12:46:32 AM
 #8

It depends on what coin do you want to trade. Because there are so many different coins and they didn't put on one exchange. The Binance is leading the top volume of exchanges. The volume is an important thing to make trades. If you want to know more exchanges please check out this Top 100 Cryptocurrency Exchanges by Trade Volume.
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January 01, 2019, 04:10:06 AM
 #9

It depends what your purpose is and which assets you will trade. check out this article

https://medium.com/@jacobrobertwoods/crypto-exchanges-custodial-vs-non-custodial-vs-decentralized-3d1d04cf205
Distinctin
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January 02, 2019, 07:46:07 AM
 #10

The best exchange for now Binance
With a good daily trading volume and over 400 trading pairs, you can definitely trade anytime you like.

What's important in an exchange is the volume and Binance has the best volume for now, in addition, you can trade without passing the KYC.


Good luck!

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January 04, 2019, 12:26:00 PM
 #11

Since many exchanges are currently inflating trading volumes, I would advise you to use only exchanges that fully provide all the information and have licenses.

For example, you can use:

https://bittrex.com
https://www.kraken.com
https://pro.coinbase.com
https://www.bitstamp.net

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January 04, 2019, 02:58:59 PM
 #12

What about HitBtc?
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January 05, 2019, 12:19:45 PM
 #13

Where you come from, if you are new you have to deposit with money

there are many BTC exchanges, all exchanges have BTC coins
https://coinmarketcap.com/rankings/exchanges/
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January 05, 2019, 01:48:56 PM
 #14

Binance is the largest exchange by volume!
Yeah but i wonder why binance coin could not surpass other crypto basing on rankings where it coul be possible since they had a huge earnings on it. Anyway, well just wait and see this BINANCE exchange it may be great now but there could be some chance that other exchange may gone good as well.
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January 06, 2019, 05:16:30 PM
 #15

From the looks of it you do not understand much of what you talking about.
Bitcoin
Blockchain
And exchanges are totally different entity
 
Exchanges is like a market or trading place where coins are dealt with either selling or purchasing.

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January 06, 2019, 05:23:42 PM
 #16

What about HitBtc?
There are too many complains about this exchange but there are too many good experiences too.

Have a glance on their thread --> https://bitcointalk.org/index.php?topic=378827.0



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January 07, 2019, 08:46:39 AM
 #17

I use Coinbase and Binance.  They are both solid choices in my opinion. 
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January 07, 2019, 09:20:30 AM
 #18

None of the above you mentioned on the poll are bitcoin exchanges you can use the internet and browse about bitcoin exchanges and you should get a comprehensive run down of bitcoin and other cryptocurrency exchanges

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January 22, 2019, 10:27:04 PM
 #19

Xchange and Localbitcoins are the best and proven exchangers. I would recommend to always use those services that have already proven themselves in the market.
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January 23, 2019, 01:04:55 AM
 #20

Localbitcoins and Paxful are pretty decent options in general except for the occasional complaint here and there. Most of the scamming you find going on with P2P exchange sites like the sites I just mentioned is related to the people themselves and usually involves payment methods that can be reversed like PayPal. There's lots of account selling for Localbitcoins accounts from what I've seen recently, so even a trader with thousands of trades may be attempting to scam, but in general both sites are very good options for buying Bitcoin if you don't want to go through an exchange and all that.
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