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Author Topic: Why did you choose your current exchange?  (Read 1640 times)
AbayoDami (OP)
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June 25, 2019, 02:55:26 PM
 #1

I read this interesting article that give tips on how to choose reliable crypto exchange, here's the link if anyone is interested:
https://www.btcurrencies.com/exchanges/top-3-tips-to-choose-a-reliable-crypto-exchange-in-2019.html

This article I suspect is to promote Decoin exchange, but they present some interesting points. I don't really have favourite crypto exchange as I trade many coins all which aren't in one exchange.
Do you have favorite exchange? Why did you choose to it? Do you agree with above article?
Om.monata
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June 25, 2019, 03:04:08 PM
 #2

I have a favorite exchange that I often make now as the best place to trade or sell my assets. the exchange is binance.
why do I have binance? because I see high binary volume and also the possibility of prices being in a high position if binary is my choice. so I think now that binance is the right choice.
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June 25, 2019, 03:10:21 PM
 #3

I read this interesting article that give tips on how to choose reliable crypto exchange, here's the link if anyone is interested:
https://www.btcurrencies.com/exchanges/top-3-tips-to-choose-a-reliable-crypto-exchange-in-2019.html

This article I suspect is to promote Decoin exchange, but they present some interesting points. I don't really have favourite crypto exchange as I trade many coins all which aren't in one exchange.
Do you have favorite exchange? Why did you choose to it? Do you agree with above article?

in terms of liquidating coins/tokens that i got from bounty and airdrops. I choose kucoin, because not only they have an active support chat, the interface is also very easy to understand, plus the trading fee is feasible unlike other crypto exchanges.

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June 25, 2019, 03:10:43 PM
 #4

I will guess everyone who makes a comment here will say "binance".
it is a fact and binance population is increasing, as well as bnb coins, everyone is hunting for it to get an IEO opportunity.

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June 25, 2019, 03:13:32 PM
 #5

I just dont use one , mostly i use 3 exchanges as some of them don't have the tokens/coin i got to transfer / trade . But if i would choose just one of them i would choose the one with easy interface , easy of use and 24/7 support + fast withdrawals ofcourse . Thats my main poins to choose exchanges
AbayoDami (OP)
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June 25, 2019, 03:15:36 PM
 #6

I have a favorite exchange that I often make now as the best place to trade or sell my assets. the exchange is binance.
why do I have binance? because I see high binary volume and also the possibility of prices being in a high position if binary is my choice. so I think now that binance is the right choice.
To be candid, Binance is also the best exchange I've traded on, it's just that due to their high standard (why they are the best) many of coins are usually traded aren't listed. If the option is to choose only one, then it's Binance all the way!
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June 25, 2019, 03:22:23 PM
 #7

I have chosen binance not only because it is trust worthy but also it does have good volume and personally i like the team behind this exchange as well, so for me its a complete package.

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June 25, 2019, 03:23:00 PM
 #8

Initially, I started off with Bittrex but as I got more deep in Cryptocurrency trading, I switched over to Binance. Binance is the best exchange no doubt in terms of security, standard as well as liquidity.

More personally, CZ, the CEO of Binance, is someone I just love for his simplicity and transparency. So, Yes, Binance is it.

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AbayoDami (OP)
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June 25, 2019, 03:28:13 PM
 #9

Everyone commenting here are with Binance for obvious reasons. What will you do if coin(s) you will like to trade isn't listed on Binance? Exchange such as Kucoin, OKex, etc are also not in terms of volume and interface...
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June 25, 2019, 03:39:27 PM
 #10

my favorit crypto exchange is Binance and Indodax.
Binance exchange is of course because everyday in there is always have a big volume trading and all coin in there is active trade.
Indodax is once of uproved indonesian exchange to change crypto coin to IDR and we can WD to our bank.
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June 25, 2019, 03:40:36 PM
 #11

At the moment, I have completely trusted the Binance, use the exchange every day, feel protected, although I understand that it is dangerous to put all the eggs in one basket.

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June 25, 2019, 03:43:09 PM
 #12

Binance is for sure my favorite exchange but it would also depend. Because for example in the project that I have joined, it is only listed in Digifinex at that time that is why I only dumped my coins in that exchange. But I am not sad that I dumped my coins there since Digifinex is still a good exchange site.

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June 25, 2019, 03:59:12 PM
 #13

Choosing an exchange as a trader is like a farmer choosing a land to cultivate his or her land. If you choose the the clay or sandy soil, it will affect your crops but if you choose the loamy soil, you will reap good yields. I choose my current exchange because its secured, has a unique speed and simple to use.

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June 25, 2019, 04:02:07 PM
 #14

I also have no favorite exchange. There are many interesting assets that are not in Binance. In addition to this, I supporter decentralized exchanges. This forces me to be a user of many exchanges, since I have to look for liquidity.

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June 25, 2019, 04:02:57 PM
 #15

I have Digifinex and Binance installed in my smartphone.

Recently I deleted Digifinex. It sucks. My transactions was stuck for days and it happened just when I needed it mostly.
Still, I am using Binance without a problem and now I am looking for another one just so if there will be updates with Binance and I cannot use it.
(also if I suddenly forget my password) which already happened.  Grin

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June 25, 2019, 04:07:39 PM
 #16

cryptocurrency exchange is good when trading volume is high.
so i will choose exchange with that condition and of course Binance is the first choose of it.
Binance is always list good coin and never make me feel bad with that.

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June 25, 2019, 04:09:54 PM
 #17

No KYC and convenient for me to withdraw to the payment system. This is if we consider the exchange only as cashing out. Some exchanges have to use because a particular token/coin is traded only on it. In this case, the lack of trading volumes goes by the wayside.

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June 25, 2019, 04:11:24 PM
 #18


We could choose whichever exchange we want as long as it serves right with easy GUI and without high transaction fee and all but there ain't no substitute for security. I have been using the forkdelta for several transactions, its GUI ain't that friendly and its not that fast to load in a regular browser but I see its security to be a top level. Its not recommended to put our funds there but I still do have more ETH there than the ones in my personal wallet.

IF it weren't for large volume that's needed, I wouldn't be there in binance but yes, its still one of the best so far.

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June 25, 2019, 04:15:38 PM
 #19

I read this interesting article that give tips on how to choose reliable crypto exchange, here's the link if anyone is interested:
https://www.btcurrencies.com/exchanges/top-3-tips-to-choose-a-reliable-crypto-exchange-in-2019.html

This article I suspect is to promote Decoin exchange, but they present some interesting points. I don't really have favourite crypto exchange as I trade many coins all which aren't in one exchange.
Do you have favorite exchange? Why did you choose to it? Do you agree with above article?

I don't have favorite exchange, I just register where my ICO tokens be listed. But my main exchange where I invest to altcoins is binance and I choose this because of security and easy to access.

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June 25, 2019, 08:27:35 PM
 #20

I didn't check the link but it should be a promotion if the Decoin crypto Exchange is top on the list of suggested exchanges or if it's the only exchange suggested on the website.

Anyway, I choose reputable crypto exchange with low fee or I use real decentralized exchange for peace of mind.
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