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Author Topic: Only 10 platforms are credible  (Read 755 times)
babysweetTiger0401
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April 22, 2019, 05:16:18 AM
 #41

Those 10 platform are really credible and had been established for a years in terms of its stability in this field of business
However, if I am going to update it at the coinmarketcap now,  only Binance(BNB) is belong to the top 10 exchange
in the market then the rest are not, but the rest platforms are listed on the top 100 exchange.
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April 22, 2019, 11:15:02 AM
 #42

I never had a problem with Binance and even with their android application.
Once I had an issue with my authentication code since I changed my smartphone. They did make a security in which is user friendly and easy steps to recover it.
I did recover it and I am glad they get more information just so I could take it back.

Security wise and also faster transactions. I would still go with Binance.
Although, if there will another decentralized exchange. A good one. I might switch to it.

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April 22, 2019, 04:58:17 PM
 #43

I'm trading in Binance so I'm safe because I'm with a credible site.
Look, most exchanges have decent volume are credible because their credibility is important to continue attracting customers and continue making money.
They are like in the business of trust, if they do better, protect the customers information, they will be patronize.
Trading with Binance is quite easy and safe, business trust is what we want and you can find it on the world’s best exchanges. These exchanges are offering new techniques and projects to make money. Being reliable source the newly project are also trusted on their websites. These exchanges are trying hard to build the currency modernism and techniques to enhance it and present it before investors.

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April 22, 2019, 06:33:59 PM
 #44

People are confusing "credible" with "user-friendly".
By credible, it doesn't mean an exchange with the best UI, cheapest fees, or easier to use. It's about the ones that are trustworthy. They don't manipulate their volume/orders and they may have a published audit etc...
The list is highly reduced and when you think about it, it shows that it's the crypto exchanges that need regulations, not its crypto users.

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April 22, 2019, 06:51:14 PM
 #45

Counterfeit digital trading volumes played by the platforms have become widespread and noticeable from the former and hardly disguises himself has become clear to all
TIE reported its independent analysis of the differences in volumes reported on the FX platform and the trading rate was counterfeit 75% according to TIE


I will show you a list according to some data and reports and according to the actual notifications of the volume of trading of 10 platforms were only honest

BitFinex .. BitFlyer .. BitStamp .. Bittrex .. Coinbase Pro .. Gemini .. itBit .. Kraken .. Poloniex .. Binance




You should know that trading volume is independent and has no effect on the market size of a particular currency
However, excessive reports of the daily volume of trading may adversely affect the perception of the market
It is noteworthy that because of these counterfeits made the platforms able to climb the rankings in the list of platforms according to the volume through that process and gain more fame
The counterfeit data reported on stock exchanges is also a key factor behind the reluctance of the Securities and Exchange Commission (SEC) to approve the ETFs based on Bitquin or even alternative digital currencies.
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That's why I chose Bittrex as the main platform for my trading. For 5 years I had no problems with this exchange,without problems passed verification. Of course in recent years it is necessary to look at Binance, but so far I have enough trading pairs on Bittrex.
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April 22, 2019, 07:11:32 PM
 #46

If you are looking for a credible or a trustworthy exchange I think you don't need to look at well known exchanges anymore. What I mean about that is local exchanges (if you have one in your country) can be also credible too their edge is of course they are locally permitted by law and is monitored by your government that is why they cannot make a run for it when something mess up has happened like faking bids and volumes. Unlike joining a international exchange where the legal jurisdiction is an international mess sticking to something near to you won't make that happen and you have the government's backing for it.
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April 22, 2019, 07:23:55 PM
 #47

Still use old exchanger until now. Maybe Binance is exchanger that i try to use for now. Because for me, exchanger that already i used for years really make me comfort to trade in there. About security, i only can secure my account and let exchanger do their job.

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April 22, 2019, 08:04:08 PM
 #48

These are probably 10 most used and most credible platforms rated by experiences of users. Still new onea appear all the time and people are curious, they want to know what are the services they offer. In that they often forget due dilligence and that they need to be very cautious whom they trust their money.
To my opinion credibilty and trustworthy are the most important because no one doesn't want to lose the money and get into some troubles. Have that always in mind, even if you think that somwhere else you might save something on transactions fees or avoid KYC.

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April 22, 2019, 08:16:37 PM
 #49

Still, we see new exchanges being opened everyday and I don't see the purpose of those. I mean we already have dozens of trusted exchanges available and they probably offer together all kinds of features that exist so why opening a new website that works the same as another one? People should think before accessing those new exchanges because obviously most of them are created only for profits.
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April 24, 2019, 08:12:50 PM
 #50

I'm trading in Binance so I'm safe because I'm with a credible site.
Look, most exchanges have decent volume are credible because their credibility is important to continue attracting customers and continue making money.
They are like in the business of trust, if they do better, protect the customers information, they will be patronize.
That is why they are listed among the top 10 credible exchanges, in fact when it comes to Binance, they are supposed to be listed as number 1 amongst the top 10 too, because Binance have almost all the great features one could ever desire in an exchange and I was sure they will be listed when I first sited this post, if the OP had not listed them amongst these great exchanges, then I would have doubted the report, but now, I think his report can be trusted since Binance is there. Other ones manipulating their volumes should continue to do so, they will soon go aground.
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April 24, 2019, 08:13:10 PM
 #51

I think we must give a chance to new platforms, moreover some of them are not worse than listed above
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April 24, 2019, 08:15:20 PM
 #52

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity
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April 24, 2019, 08:19:40 PM
 #53

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice
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April 24, 2019, 08:23:00 PM
 #54

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?
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April 24, 2019, 08:26:56 PM
 #55

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?

U can try velvet exchange. They are newbies but with great prospects, I follow them on socials
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April 24, 2019, 08:27:42 PM
 #56

I have accounts with only two of them Binance and Bittrex. I can say that they are user-friendly and long lasting Exchanges. But credibility can't be decided using these parameters. They can show fake volumes. Anyway, if you are planning to hodl for a long time, keeping your coins on any exchanges is not safe.

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April 24, 2019, 08:29:43 PM
 #57

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?

U can try velvet exchange. They are newbies but with great prospects, I follow them on socials

Never heard about them, give a link on the site please
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April 24, 2019, 08:32:21 PM
 #58

I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?

U can try velvet exchange. They are newbies but with great prospects, I follow them on socials

Never heard about them, give a link on the site please

ake a look: https://velvet.exchange/#/
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April 24, 2019, 08:50:23 PM
 #59



Maybe at some point those 10 platforms started with fake volumes to make us use them and it did worked. Polo had been one of the oldest we've known that eve before the  trend of KYC they are already doing great job. They have been on top for years, there are just new coming that are easier to use and with the offer to make money like BNB of binance. If the rest follows like having their own coin for less transaction fee, they might be able to compete tightly.

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April 25, 2019, 07:44:04 AM
 #60

U can try velvet exchange. They are newbies but with great prospects, I follow them on socials
Never heard about them, give a link on the site please

You'd better stay away from this exchange at all costs

As it is run by the same dudes who had been running the infamous BTC-e (then WEX) exchange. They ended up stealing an incredible amount of traders money and now they are in charge of the whole shebang again trying to pull off the fraud once more. The question has been extensively discussed in the Russian board of the forum with irresistible proofs given that the real beneficiaries behind this exchange are in fact the same folks that were behind the BTC-e (WEX) scam. So your only prospect with them is losing your money in the end. Be warned and stay cautious

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