Nadziratel
Sr. Member
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Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
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May 26, 2019, 08:24:27 PM |
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After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it ( https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange? https://coinmarketcap.com/rankings/exchanges/reported/According to coinmarketcap's data, there are over 250 exchanges on the market. But it is important thing to know what are you expecting from exchanges. You are looking something but what? Are you sure that you can find more reliable exchange than Binance?
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ned.ryerson
Full Member
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Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
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May 26, 2019, 08:30:55 PM |
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the fact that Binance was hacked is not a reason to stop trading there. Any exchange can be hacked. You just do not need to hold a lot of your money on it
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chaoscoinz
Sr. Member
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Activity: 1151
Merit: 260
☆Gaget-Pack☆
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May 26, 2019, 08:31:03 PM |
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After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it ( https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange? Disclaimer:" I am not a financial advisor/ Lawyer/ or professional. I am simple here to share my opinion on the matter. Please consult with you're local professional for any financial or legal advice. Cheers!" The price of a Binance token has skyrocketed, as binance is one of the best and most popular exchanges. It offers a wealth of tools and information for investors. They're AML/KYC compliant which is a plus. "Binance Info" gives you the play by play on the market and detailed reports on the coins in the market. It provides a necessary perspective and complete overview of some projects within the Blockchain secror.
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lobat999
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May 26, 2019, 09:27:18 PM |
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I would like to point out that there is no exchange that is 100 percent safe and the idea to consider some less known exchanges over big ones but has been recently compromised is very dangerous. That particular Binance hack only made Binance much more stronger and robust. Additionally, oftentimes we have limited choices for an exchanges because it all depends on the coin / tokens that we are holding whether its being listed on that particular exchange or not. I guess the best recourse for this to minimize damage to our investments is to transfer those funds immediately out of any exchange to a private wallet once you've done trading asap.,
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BQ
Member
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Activity: 616
Merit: 53
CoinMetro - the future of exchanges
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May 26, 2019, 09:30:49 PM |
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well to all these complaints about Binance, there's more to exchanges than just if they're safe or not.
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Little Mouse
Legendary
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Activity: 2058
Merit: 2000
Marketing Campaign Manager |Telegram ID- @LT_Mouse
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May 26, 2019, 09:35:17 PM |
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First of all, hitbtc is a shit and shady exchange. Stay a bit from it. You will face problem withdrawing btc and will be asked for KYC, if you do, it will also be lengthy process and will not accepted sometimes. Better you use Kucoin. Smoot and quite fast, as well as secured.
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rijaljun
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May 26, 2019, 09:38:20 PM |
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Binance was hacked and they are proven to be able to handle it, now they are supposed to be better and you get away from them. Ah, I can't imagine you move to other exchange which never had been hacked and one day they are hacked and can't recover investors's fund. Anyway, there is no safe exchanges, just choose one that are ready to be responsible for any loss. There is no better place to trade crypto than Binance, for now.
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giletto
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May 26, 2019, 09:52:34 PM |
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After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it ( https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange? The last time I checked, Changpeng Zhao, Binance CEO activated the safu funds which serves as insurance to cover for the loss and Normal trade activities has since begun. I even traded Matic days back and everything was smooth. What could be the problem?
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Moeda
Sr. Member
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Activity: 1542
Merit: 271
Enterapp Pre-Sale Live
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May 26, 2019, 10:51:34 PM |
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After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it ( https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange? Coinbase Pro is also included in the best market category. If viewed based on CMC sources, based on the Adjusted Volume, Coinbase is included in the top 36, and if viewed based on Reported Volume, Coinbase is listed in 43. But in this regard, Coinbase Pro is far behind Binance. Binance gets 2nd position (Adjusted Volume), and 3rd position (Reported Volume). But the most important thing for us is security and comfort in using the exchange.
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Raymondavid47
Jr. Member
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Activity: 546
Merit: 3
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May 26, 2019, 10:52:42 PM |
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Well I believe what you need to start using now is decentralized exchanges. An exchange that you can actually control your funds. You can try using fork delta, etherdelta, etherflyer, idex and so on. Decentralized exchange is a good pick for your need.
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Cheesus
Sr. Member
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Activity: 692
Merit: 254
terra-credit.com
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May 26, 2019, 11:22:53 PM |
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Stop following tipstery and try to search on google about the HitBtc! Then you know, It has a more bad review than good! If you don't like Binance then that is your choice. But I suggest you, have a look into Bittrex, Kucoin or Coinbase. Coinbase is the best crypto exchange for me, it is easy to use and very fast too!
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zero714309
Member
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Activity: 749
Merit: 13
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May 26, 2019, 11:45:35 PM |
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Even binance got hacked it will no change they keep as great exchange with good volume. You no need to believe all exchange,they will have bad period also. You just need to mantain youre asset not in online wallet.
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Reid
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May 26, 2019, 11:50:09 PM |
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Oh please not HitBtc. You are going to regret it in the long run or maybe even on the start line. Binance hack is nothing to be worried about. They are almost the number exchange out there. Do you really think they could just do something evil tgat would also crash their business which is now growing like crazy? I dont think so. Those slow transactions though are everywhere. Digifinex made me withdraw my funds for 3 freaking days before I got it. You will just have to live with it. If not then you could use dynamic modes with hard wallets.
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ije07
Sr. Member
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Activity: 1414
Merit: 250
Undeads.com - P2E Runner Game
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May 26, 2019, 11:50:47 PM |
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t must be very difficult to trust other exchangers when we know that exchangers as well as binance can still be hacked, if the good ones still have weaknesses then who else do we give our trust? surely there will be many new exchangers that will be doubted yes, that's what I used to think about but in the end I threw away that thought because binance will definitely make changes and improve their security so things like that don't happen again, and new exchangers, they will certainly take lessons from old exchangers like binance and try be better than them
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johanesrobin
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May 26, 2019, 11:55:13 PM |
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Although binance has a hack history, I don't feel loss and doubt. Binance is very responsive to user needs. The hacker case has been dealt with well, binance is doing its best by updating their security and issuing insurance (SAFU) to users.
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Absolutep
Jr. Member
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Activity: 434
Merit: 2
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May 26, 2019, 11:59:08 PM |
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It is very difficult to conclude these days that this particular exchange is a decent exchange because most of them are with fake volume which is not good for crypto market.
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sandra_x
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May 27, 2019, 12:06:52 AM |
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I use hitbtc occasionally (and have never had major issues with them) but it seem there is a lot of controversy surrounding them,John McCafee has always been critical about them. I think bittrex is good/safe, once you get past the kyc hurdle but the trade volume has plummeted in recent times.They still have good reputation. I think there are trade offs with every exchange.Aferall, no one ever though binance could be hacked.
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adekogbe
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May 27, 2019, 01:45:11 AM |
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Regardless of the hack incident binance is still a very good exchange. However if you are not willing to continue using binance there are other good exchanges like kucoin bitmax The fact remains that each exchange is an average one, insofar as there are request on the token or coins selling. what would we be able to do on a high volume exchange Though we dont have any purchase divider to see?
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islafilipina
Copper Member
Newbie
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Activity: 518
Merit: 0
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May 27, 2019, 02:04:55 AM |
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Their are lots of great exchange like Coinex, Kucoin, Bitbox and Bit-Z Ive used them and I didn't encounter any problems
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arjuna BTC
Sr. Member
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Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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May 27, 2019, 02:21:25 AM |
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After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it ( https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange? i use coinbase to store my bitcoin a long time ago before i have my ledger nano s and never used it as exchange mate. So, i don't know about that but, besides binance i usually use bittrex mate, for me bittrex is a good exchange
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