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Author Topic: Favorite Bitcoin exchange?  (Read 896 times)
alina345 (OP)
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May 20, 2019, 12:38:34 AM
 #1

There are hundreds of Bitcoin exchanges which anyone can sign up for and start buying Bitcoin quickly and effectively. Personally, I use Gemini or Kraken. Gemini has an excellent interface and low fees, while Kraken offers some of the best crypto assets and is one of the oldest exchanges in existence.

The real question is... What is your favorite Bitcoin exchange?
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May 20, 2019, 02:12:05 AM
 #2

Putting aside the event of binance hack, no centralized exchange is immune to hack so we can't used that to judge them. binance is still the most favourable exchange supported by most members of the community. They have proven themselves to be trustworthy, dominating the exchange industry and they'll gain more trust if they can deliver as they promised that all fund of investors are SAFU. When it comes to trading I use binance.

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pooya87
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May 20, 2019, 02:31:48 AM
 #3

none of them. since centralized exchanges are already pretty bad, risky and in some cases even shady i can't trust any of them to have a favorite although i am still forced to use them since the alternative (the decentralized exchanges) aren't yet mature enough to satisfy the needs of a trader the same way centralized exchanges do.

When it comes to trading I use binance.

Binance is an "altcoin" exchange not "bitcoin" exchange!

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pushups44
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May 20, 2019, 02:37:41 AM
 #4

There are hundreds of Bitcoin exchanges which anyone can sign up for and start buying Bitcoin quickly and effectively. Personally, I use Gemini or Kraken. Gemini has an excellent interface and low fees, while Kraken offers some of the best crypto assets and is one of the oldest exchanges in existence.

The real question is... What is your favorite Bitcoin exchange?

I like Binance, KuCoin, and Bibox. I have not tried Kraken or Gemini, but perhaps I should check them out.

As for decentralized exchanges, some work needs to be done to make them more user-friendly, but IDEX seems to lead the pack in terms of user-friendliness. However, it lacks support for bitcoin and only allows Ethereum and Ethereum-based tokens. In time there will be a solid decentralized exchange for trading bitcoin.
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May 20, 2019, 02:56:08 AM
 #5

I like Binance and Hitbtc but there's no such thing as perfect exchange. There will always be lapses and failures.
We can't deny the fact that they're safe from hacking because even the top exchange like Binance have been hacked.
It's just for us to handle our earnings.
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May 20, 2019, 03:46:51 AM
 #6

Earlier I used to use something else, but for the last few months, I have been using Wazirx. And I think it's good enough, it's pretty good, and the one that matters most is that the transaction charge is much less in it.
https://wazirx.com/

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May 20, 2019, 04:03:21 AM
 #7

Many exchanges that I use, starting from indodax, bittrex, livecoin, kraken, kucoin, huobi. Because of the few coins that I can only get in certain exchanges. But my main exchange is only Indodax, because it can be directly sold to currencies in my country.
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May 20, 2019, 04:20:26 AM
 #8

I selected the famous exchanges, ranking on the CMC. With highly- exchanges and many people using the platform is always one of the deciding factors to choose. Currently, I am using Binance because this is the most popular exchange platform today and attracted the most users.

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May 20, 2019, 05:08:53 AM
 #9

There are hundreds of Bitcoin exchanges which anyone can sign up for and start buying Bitcoin quickly and effectively. Personally, I use Gemini or Kraken. Gemini has an excellent interface and low fees, while Kraken offers some of the best crypto assets and is one of the oldest exchanges in existence.

The real question is... What is your favorite Bitcoin exchange?

I haven't tried this Gemini exchange, but I am more on security and profit sharing, that is why Kucoin for me is the best exchange in the market, even if it is not highly ranked in the market, the security is awesome, profit sharing is great, it's everything you are looking for an exchange, the support I forgot to mention is top notch.
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May 20, 2019, 05:10:20 AM
 #10

Well one of my favorite would be localbitcoins .
But there are so many Bitcoin exchange nowadays and it is hard to trust your funds or leave it to them .
We just witness another great exchange platform being hack so we should always be the one to hold our own crypto.

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May 20, 2019, 05:12:54 AM
 #11

In my opinion and my personal experience about crypto exchanges i would like to use YoBit.Net exchange and trading and i think that it can fulfill my needs. There are so many exchanges in the world but we can use whatever is  easy to me and convenient for me so binance is also a good exchange but i have no experience with that.

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May 20, 2019, 05:54:15 AM
 #12

This is the first time I heard of Gemini. Before the hack I personally like binance since it's one of the exchange with high daily volume. I am not sure what changes will be made in binance security after the recent event, they might get tighter and KYC might become mandatory for accounts. Most people are always after scalability and convenience and not to mention security when looking for exchange. However, I think no centralized exchange is secured. Just never leave finds inside a platform.

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May 20, 2019, 06:11:02 AM
 #13

Many here sure love Binance even though there are controversies behind the hacking incident, And well I am one of them that likes to use this exchange, I would say it is convenient and easy to understand, When I was a newbie in using it for the first time I didn't really get any hard time using it, So I am recommending it to all newbie's that would like to use an exchange to try and create their own Binance account.
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May 20, 2019, 06:25:28 AM
 #14

In my opinion and my personal experience about crypto exchanges i would like to use YoBit.Net ....

Good to see some good review on yobit.net, how long have you been using yobit?

Well, I can't deny that my favorite exchange just got hack lately, yes, it's Binance, and glad that they are back in old form now.

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May 20, 2019, 06:32:07 AM
 #15

The real question is... What is your favorite Bitcoin exchange?

It's still Binance on top of my list, although I'm not a big trader, their 2 BTC withdrawals without KYC is good enough for me.

OKex is fine as well, never had bad experience with them. And when it comes to shitcoins and pumps, I like HitBTC, yeah, I know, almost everyone here frown them, but hey, still good for me.  Grin

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May 20, 2019, 06:33:05 AM
 #16

My favorite Exchange is Binance, Indodax, Forkdelta, Idex. Although 3 exchange above still foreign in the eyes of investors, I'm sure 3 exchange that I mention will be liked a lot of traders.

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May 20, 2019, 06:35:02 AM
 #17

I am with one of the oldtimers  <Daniel J> with this one, by saying "None of the above".  Tongue

Centralized exchanges was introduced as a service to make it easier for people to "buy" and "sell" bitcoins, until the capitalists and the FBI man got their claws into it. Now it is fully regulated and all pseudo anonymity is gone with all the KYC/AML regulations that was introduced.  Roll Eyes

It might be convenient to use these services, but you are sacrificing much more than what you are gaining. <Financial privacy>  Angry

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May 20, 2019, 06:52:16 AM
 #18

Besides getting stuck on one exchange it's better to explore others as well, especially the emerging exchanges because they are cop-up with advanced technology and are offering some extra-advantages to users.
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May 20, 2019, 07:44:13 AM
 #19

There are more bitcoins exchanges of many people, people who can register and login and for a started buying and selling bitcoin quickly.
but there are such a nothing exchanges a perfect bitcoin for your own because it was high security, privacy, and control over.
it Performs you choose a wallet where you will keep your bitcoin before selecting an exchange.
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May 20, 2019, 08:29:35 AM
 #20

Putting aside the event of binance hack, no centralized exchange is immune to hack so we can't used that to judge them. binance is still the most favourable exchange supported by most members of the community. They have proven themselves to be trustworthy, dominating the exchange industry and they'll gain more trust if they can deliver as they promised that all fund of investors are SAFU. When it comes to trading I use binance.

Yeah definitely, Binance has the best scheme on providing a fund to cover the stolen assets of their customers. That is what made Binance more steps higher compared to other exchanges, they have proven that their customers are more important than the profit of the platform. Binance is originally made to be an exchange for alts, but is now best for trading even the top cryptocurrencies.
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