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Author Topic: Efficient exchange?  (Read 15745 times)
mrdeposit
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April 03, 2019, 06:35:12 PM
Last edit: April 03, 2019, 07:19:27 PM by mrdeposit
 #61

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.
What the means of fast transaction ? because you ask about exchanges, transaction is all depends on that coin's chain. But if about which is good exchanger, i suggest you to pick big exchanger that already popular.
İ don't agree with this statement and there are more stuff than we think about speed of deposits on big exchanges. Hitbtc takes more than 5 usd equivalent crypto payment for single withdrawal and this is perfect example for this argument.
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April 03, 2019, 09:11:42 PM
 #62

When looking for an efficient exchange you should look at transaction fees, deposit/withdrawal conditions, customer
support, liquidity, coin offering etc. and make decision which one suits your requirement. For me Binance and
Bittrex fulfil my expectations.

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April 03, 2019, 09:14:41 PM
 #63

KUCOIN, IDAX and many exchanges are good to use. the trasfer speed is not a problem.
All you need to have is the volume of the token you want to trade.
just make sure you are always safe and on the right link.
I think when t comes to cost of transaction, kucoin and perhaps idax are not as such cheap. They charge what normal global exchanges charge as transaction fees. There are still some other exchanges cheaper than the two. Although, i will agree on efficiency of the exchanges.
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April 03, 2019, 11:43:12 PM
 #64

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

What coin interests you? It is necessary to search for a stock exchange on the coins you are interested in - where the volume of trade is the most, there is a trade there. Just remember that many exchanges artificially increase their trading volumes in order to come out on top of the list.

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April 03, 2019, 11:46:51 PM
 #65

You !might first need to consider what you want to trade before choosing an exchange. Then you consider the security of the exchange, because there are some exchange that would claim no transaction for e, they they are scam exchanges.
So, use a reliable exchange even if you would have to pay some fee
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April 04, 2019, 04:15:50 PM
 #66

From my experience the best exchanges are Bittrex and Polinex and we are talking about everything here from transactions and fees to security and support. Also this are some of the popular ones so you should have no problem using them.
Bittrex is really very popular exchange like Binance. Poloniex Exchange https://poloniex.com just listing only over hundred of coins.
Bittrex account sign up is now very difficult, first of all you have to contact with support than you can create. I submitted KYC document for third time than approved.
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April 04, 2019, 04:40:48 PM
 #67

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.
Binance got trust from most of the traders that is why they are at the top in very less time frame when compared to other exchanges so it is one of the efficient exchange and their fee also cheap when you use BNB.
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April 04, 2019, 05:23:14 PM
 #68

I would like to suggest you Kucoin because I always find it as a faster site and easy to use. Bitcoin withdraw is only 0.0005 and you will get withdraw payment within couple of minutes. For me, I get usually within 10 minutes. I think it's too fastest.

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April 04, 2019, 06:10:32 PM
 #69

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

I see besides BTC and ETH, XLM is a coin that is very fast when we make transactions. And transaction costs are also very cheap. Or you can choose Dogecoin, the transaction fee is only 2 Doge. But what is certain is that transaction costs depend on markets exchange.

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April 05, 2019, 10:44:07 AM
 #70

Usually exchange fees are very close together. The important thing is to have a secure exchange market. I do not think you will experience speed problems in the first 10 proven exchanges.
Yes, fees doesn’t really matter to me. The most important I will always consider is the level of security of an exchange. Coinbase is one of the best when it comes to keeping their platform safe and secured, but some people complain that their fees are too high. I have used Coinbase and that wasn’t really my problem, I didn’t for once think their fees were high. If not Coinbase, then Binance or Huobi can make a good choice and I believe these two charge less than Coinbase.

If OP is looking for an exchange that is not going to charge any fees at all, then you’re wasting your time. No real exchange will offer services without charging fees, cause it’s through those fees they charge that they make their own money. If they don’t charge fees for the services they offer then how are they going to make money? So, you just got to search for one with less fees.
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April 05, 2019, 08:39:23 PM
 #71

I would likely to say that my top exchange was binance, it never make me feel disappointed when using it, fast and reliable volume for the coin being trade. More good about binance is your wallet is much safer than the other. Binance hold a good reputation so to maintain the positive outlooks of the project they make their best to offer a good exchange
Yes, you seem to have been using binance for a long time and you are already experienced with many excellent features in binance. I've also used it, but this time I want to find out about some other exchanges. Have you ever used Bitmax and Bittrex so far? Thank you in advance.

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April 05, 2019, 09:36:53 PM
 #72

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

I see besides BTC and ETH, XLM is a coin that is very fast when we make transactions. And transaction costs are also very cheap. Or you can choose Dogecoin, the transaction fee is only 2 Doge. But what is certain is that transaction costs depend on markets exchange.
Doge coin? I have never even tried to have it in my wallet until now. I know that Doge is a pretty good altcoin for investment, but I still choose ethereum as the right choice in my trading strategy. Thank you for your advice, I really respect every opinion here. Have you ever used Bitmax or Binance in your exchange?

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shoreno
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April 06, 2019, 03:33:25 AM
 #73

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

I see besides BTC and ETH, XLM is a coin that is very fast when we make transactions. And transaction costs are also very cheap. Or you can choose Dogecoin, the transaction fee is only 2 Doge. But what is certain is that transaction costs depend on markets exchange.
Doge coin? I have never even tried to have it in my wallet until now. I know that Doge is a pretty good altcoin for investment, but I still choose ethereum as the right choice in my trading strategy. Thank you for your advice, I really respect every opinion here. Have you ever used Bitmax or Binance in your exchange?

the fees on the exchange are are fix and does not depend on the coin that you are trading with   . while if use your cryptos for a currency use like for example using it to pay someone or buy something  , the fees will differ depending on your coin choice  .  and yes , dogie coin is the best when its comes to this because doge coin has a cheap fee compare to other altcoins out there .
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April 06, 2019, 04:21:07 AM
 #74



the fees on the exchange are are fix and does not depend on the coin that you are trading with   . while if use your cryptos for a currency use like for example using it to pay someone or buy something  , the fees will differ depending on your coin choice  .  and yes , dogie coin is the best when its comes to this because doge coin has a cheap fee compare to other altcoins out there .

Some exchange offers rebates or fees discount when you reach a certain amount of trading volume, Just like in crex24 i just lowered by tradings fees to 0.08% after trading 2 BTC worth in one day.

Its true trading with doge pair will save fees, but the difference in price of a coin between BTC and Doge pair varies due to BTC having the most volume.


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April 08, 2019, 09:35:34 AM
 #75

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.

I see besides BTC and ETH, XLM is a coin that is very fast when we make transactions. And transaction costs are also very cheap. Or you can choose Dogecoin, the transaction fee is only 2 Doge. But what is certain is that transaction costs depend on markets exchange.
Doge coin? I have never even tried to have it in my wallet until now. I know that Doge is a pretty good altcoin for investment, but I still choose ethereum as the right choice in my trading strategy. Thank you for your advice, I really respect every opinion here. Have you ever used Bitmax or Binance in your exchange?

the fees on the exchange are are fix and does not depend on the coin that you are trading with   . while if use your cryptos for a currency use like for example using it to pay someone or buy something  , the fees will differ depending on your coin choice  .  and yes , dogie coin is the best when its comes to this because doge coin has a cheap fee compare to other altcoins out there .
In the past few days I have observed several exchanges and also doge coin. It seems like your advice is right for me to choose as a choice. And I want to try it this week. Thank you very much, very useful. Hopefully you are always successful.

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July 29, 2019, 06:18:23 AM
 #76

Use bnb in Binance everytime you make transaction like if your knowledgeable about this then you will really know that this effective

Then i think fees with different cryptocurrency are not really a big problem because you will earn that if they grow like choose or study it then of course you can tell that in their potentials like if they have like very active developer so they will grow and plus of that are fees
The fee is necessary for every exchange and I don't see any exchange that has no fee at all, fee is what gives them income and what makes them continue their operation. They also have an OPEX, how can they cover those if they don't have a fee.

Actually, fee is not a problem if we us a trader are good in making money, it's just like a tax we are paying out from our winnings.

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July 29, 2019, 11:24:31 PM
 #77

I want to ask, according to your experience of the many existing cryptocurrency exchanges. Which is the cheapest? And fast in transactions. Please give your opinion here. Thank you so much for all.
What the means of fast transaction ? because you ask about exchanges, transaction is all depends on that coin's chain. But if about which is good exchanger, i suggest you to pick big exchanger that already popular.
İ don't agree with this statement and there are more stuff than we think about speed of deposits on big exchanges. Hitbtc takes more than 5 usd equivalent crypto payment for single withdrawal and this is perfect example for this argument.

Those exchange in which are good based on my experienced are Kucoin, Idax, Coinbene, Bitforex, Exmarket, Okex, Houbi,
and sometimes Bittrex. But the among these is Kucoin in my opinion. But you can still make a research about different platform
at the coinmarketcap.
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July 29, 2019, 11:29:24 PM
 #78

Coinex is pretty nice, the withdrawal fees are very modest, it is free of bitcoins cash as they are sort of a branch of viabtc.com which own a mining pool. Withdrawal is also timely. Trade fee can be almost zero if you are using the exchange token CET.
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