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Author Topic: Why did you choose your current exchange?  (Read 1640 times)
Emilyp
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June 25, 2019, 08:41:53 PM
 #21

I majorly use Binance and the reason among others is the ease of use, the mobile app makes it easy for me to trade and keep track of my portfolio instead of having to log into the website every time before I could use it.
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June 25, 2019, 08:49:02 PM
 #22

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 have a favorite exchange that I usually make transactions, that is Binance floor. Binance is a reputable trading platform and has a huge trading volume. Currently there are many IEOs on Binance, which is an opportunity for people to make money.

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June 25, 2019, 08:57:29 PM
 #23

At the present time, Binance trading floor is still the best trading floor. The majority of current coins are traded on Binance, so the transaction on Binance exchange is very convenient.

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June 25, 2019, 09:08:21 PM
 #24

Do you have favorite exchange? Why did you choose to it?
I have because I find it very convenient and easy to use. That's the main reason why I'm staying to my current exchange but if some faulty issues comes out I guess I'll have to find another home to trade.

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June 25, 2019, 09:40:04 PM
 #25

I dont have any particular favourite exchange. Rather it depends on my need. But basically I always like the concept of the decentralised exchange and I always try to use them as my main exchange. But not all decentralised exchange is good. For me the security is the main issue for me in a exchange that's why I always prefer decentralised over any centralised exchange.  The next thing is volume it is the thing for this reason I have to sometimes shifted to a centralised exchange. Cause most of the people using centralised exchange so in decentralised on e there is very few volume. That's it for me. And you and easy to use or not and is they have any mobile version also matter for me.

 
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June 25, 2019, 09:44:48 PM
 #26

I trade on different exchanges, since I am looking for coins with a large volatility. They have the fastest earnings in the short term.
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June 25, 2019, 09:57:24 PM
 #27

I like Kucoin exchange, in my opinion it is very simple to use and comfortable with applications that are already available on mobile to make it easier to transact on exchange. In my opinion all depends on our preference for exchanges, some may have advantages in terms of usage but usually, we use to exchange for certain coins listed.
Due to a lot of exchanges existed today, a strong competition came out and traders find it good since we have a lot if options which one we feel better among the rest.  It is preferable to everyone who can give us low transaction fees. It is a big consideration to look for it as it could affect our profit as well.

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June 25, 2019, 10:01:42 PM
 #28

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 also have many accounts on different exchanges, and honestly i forgot most of my account because I only focus now on Binance exchange since I’m trading there and I don’t have any token now to liquidate of different exchanges. I choose to trade on Binance because of its good security and its a good exchange over all, I can still trade without submitting my KYC.
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June 25, 2019, 10:05:00 PM
 #29

I think personally I have some reasons why I choose the current exchanges:
1. The available tokens are only sold on the certain exchange
2. It has lower fees
3. Having goood liquid, trading volume, and also trusted enough based on research
4. Then I will turn into the exchanges available in my country when going to make it for cash
However, there are also several other reasons that I must consider likely the trust and score of the exchanges, moreover on the CMC

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June 25, 2019, 10:05:55 PM
 #30

A practical answer is that, I choose my current exchange platform because it is where my invested altcoins are trading.  And upon using these exchanges, I do not experience any  issue with them thus, the trust build up make me comfortable on trading on them.  Anyone won't use an exchange where their token is not listed right?  But if I have choices then I would prefer the one with the best security and user friendly.

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June 25, 2019, 10:06:49 PM
 #31

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.
Looks like everyone wants binance and its true I think binance is the most trusted exchange right now with good volume. Even they got hack recently it looks like it doesnt affect binance reputation at all. TOP exchanges on CMC is my choice.
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June 25, 2019, 11:00:16 PM
 #32

Do you have favorite exchange? Why did you choose to it? Do you agree with above article?
Most of people will choose their own exchange site based on the popularity, i can't agree about that because those points can be considered as the factors for people to determine how good that exchange is. But liquidity should become another point to make a complete factors to be used to determine the best exchange site. i personally prefer with exchange site with a lot of volume.

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June 25, 2019, 11:12:22 PM
 #33

Choosing my current exchange was not easy for me but I still tried as much as possible to choose the best. My major focus in choosing an exchange is with its security services, user friendly and speed. I was wondering about having all these features in one exchange until I met Bitrue Exchange and in fact I'm impressed choosing them and thanks to the team behind it for the great job they are doing.

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June 25, 2019, 11:27:41 PM
 #34

I trade on different exchanges, since I am looking for coins with a large volatility. They have the fastest earnings in the short term.
If you do scalp trading yes liquidity for those kind of coins is too high but if you are too late to get out, you will regret it. Exchanges that has this kind of people are with the dex's.

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June 26, 2019, 12:02:53 AM
 #35

to decoin, I think it is not so good because the volume offered is quite small, and for my favorite exchange I choose to use an outside market such as binance, okex, houbi because there is interesting and the latest is binary dex only for dex binance I still try it so I can't decide whether that's good or not
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June 26, 2019, 03:32:52 AM
 #36

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.

Because Binance is simply an exchange platform that makes users very trusting and support very well, almost very few people complain about their exchanges. CEO CZ also a very active person interacting with the community,they also have a separate fund to compensate investors in case they get lost by hackers.
So for me binance is the exchange I chose.
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June 26, 2019, 04:05:15 AM
 #37

I have chosen Binance exchange because the coin listed will always active volumes generated by these exchanges. Not only volumes, but their listing procedure is also completely different from other exchange. In most cases before listing the coin should satisfy their criteria for listing.


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June 26, 2019, 04:43:12 AM
 #38

I choose exchanges that have been working with cryptocurrency for more than 4-5 years. NNa currently traded on 2 known exchanges. But I want to tell you that whatever would be known and the popular exchange guarantee that tomorrow, she will not stop serving their customers there. Therefore, I recommend keeping your assets on cold wallets

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June 26, 2019, 05:17:08 AM
 #39

Well I tried different exchanges already and they have their own pros and cons.

But now I stick to kucoin, at first the main reason is my token is listed there but as time goes by I realized that its a good exchange and easy to understand so I stay. One more thing, kyc is not mandatory so there's no need to comply if you dont want to but there's a limit in withrawal. All of my hodlings were listed there so I dont need to find another exchange.

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June 26, 2019, 05:23:44 AM
 #40

I'm mostly using Binance and Kucoin. Binance is the top exchange, that's why I'm using it. Kucoin has some good benefits like faster withdraw, support and lower fees which is an advantage for me.
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