leea-1334
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June 26, 2019, 05:26:48 AM |
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Kind of like the same way I choose all the services I ever use online, whether it is an exchange for crypto, email for communication, app for messaging, browser for surfing,,,
I choose the one I liked the most, felt comfortable with the most. Sometimes I found something better or faster or safer. With crypto it is actually a lot more about speed and my trust then in the commission fee or what not!
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robaya
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June 26, 2019, 05:28:36 AM |
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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.
I also used the exchange. because there really is very crowded trade, many potential assets are listed there. for binance daily trading it's really a good exchange.
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MUG1WARA
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June 26, 2019, 05:50:15 AM |
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I chose binance as my favorite exchange because in my opinion binance is still the best exchange even though some time ago it was hacked, despite hacking but they were still fair and replaced the money that had been lost
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Barracuda
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June 26, 2019, 06:04:17 AM |
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The important thing to choose a good exchange is Security. Because this is the key to all exchanges that are required to be upgraded always for the security and convenience of all members exchanged. The rest all depends on each person to make an exchange which they think is good at trading there.
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Bezobraznike
Sr. Member
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June 26, 2019, 06:06:43 AM |
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I chose binance as my favorite exchange because in my opinion binance is still the best exchange even though some time ago it was hacked, despite hacking but they were still fair and replaced the money that had been lost
I can`t use Binance, they don`t support my country. US citizens will have the same problem, they received a mail about it and they have time until September, after that they will not be able to trade on Binance too. I`m registered on couple exchanges, but for just one purpose, to buy coins I wish to have. After that I withdraw coins in my wallet, I never keep my fund on exchange.
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Crypto5060
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Theagriverse.io
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June 26, 2019, 06:09:08 AM |
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The first exchange is used was bittrex, it seemed easy and user friendly after watching some videos on YouTube on how to use it.
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siupang2
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June 26, 2019, 06:09:40 AM |
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Well I choose my current exchange because I can sell to FIAT immediately so I have no worry to pay the fees and also I choose my current exchange because it also support my native languange and it helps a lot if I get serious problem.
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Pffrt
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June 26, 2019, 06:13:06 AM |
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Well I choose my current exchange because I can sell to FIAT immediately so I have no worry to pay the fees and also I choose my current exchange because it also support my native languange and it helps a lot if I get serious problem.
You didn't mention any of the exchange name. Which one are you referring to? I don't think you can have withdraw without fees. Anyway, you can get most of the exchange translated into your native.
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bering
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Leading Crypto Sports Betting & Casino Platform
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June 26, 2019, 06:28:57 AM |
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According to the link which OP mentioned it was says he was recommend decoin exchange and the article says too most of their funds saving at offline wallet to avoid hackers and have tight security but i think the current exchange too have high security but there is no guarantee the exchange will never got hacked however i choose my current exchange because they have the feature can convert my crypto to my currency and withdrawal directly to my bank account and the best part too they have low fees for every transactions
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puremage111
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June 26, 2019, 06:32:04 AM |
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Liquidity of course and also the branding
I am currently using Binance It has so much liquidity there compare to most other exchange This is also one of the reason why coin pumped when it get listed on binance Because it has tons of money flowing in and out Binance
When you have coins with good order book liquidity, it has lower spread which is good for trading
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necromastery
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June 26, 2019, 06:33:13 AM |
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Well I choose my current exchange because I can sell to FIAT immediately so I have no worry to pay the fees and also I choose my current exchange because it also support my native languange and it helps a lot if I get serious problem.
You didn't mention any of the exchange name. Which one are you referring to? I don't think you can have withdraw without fees. Anyway, you can get most of the exchange translated into your native. Based on his post history, I'm sure he's mentioning his local exchange, the name is Indodax. Then, I'm sure what his mean is not to withdraw without fee, but he can pay fee with his local curency easily, so then he have no worry about it. Yeah, you are right, that's easy since browser right now support to translate any word automatically into a native local language.
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Dpat
Copper Member
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June 26, 2019, 06:33:56 AM |
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While I choose the exchange for trading and investing of the Crypto first of all see is there any authentic security method available or not. Bascically, I see the 2 factor authentication method. If it is available then I signup and trade.
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adekogbe
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June 26, 2019, 06:38:39 PM |
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I dont choose cryptocurrency exchanges based on the coinmarketcap volume because moat of these volumes are fake. I choose exchange to trade based on the liquidity of the cryptocurrency exchange after analyzing the buy and sell orders myself.
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||bit
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June 26, 2019, 06:45:54 PM |
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I look at two things when looking for an exchange.
The first one is volume (not fake volume, real one) and the second is, where is my token is traded on. And i try to avoid scammy ones like yobit or hitbtc.
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Crypto5060
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Theagriverse.io
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June 27, 2019, 05:30:24 AM |
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Liquidity of course and also the branding
I am currently using Binance It has so much liquidity there compare to most other exchange This is also one of the reason why coin pumped when it get listed on binance Because it has tons of money flowing in and out Binance
When you have coins with good order book liquidity, it has lower spread which is good for trading
Not just the money inflow and outflow, the CEO has an understanding of how human psychology works and he uses it to get people to like the exchange the more. Everyone has been conditioned to believe everything pumps on Binance and so it has been.
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tins
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June 27, 2019, 05:56:39 AM |
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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.htmlThis 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? There is no need to choose a reliable exchange, because you can find them right away by comparing popularity. As Binance is the largest exchange present, next is other exchange like okex, houbi. However, if you are in the US, it is currently not possible to trade on Binance
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odeskpawan
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August 01, 2019, 09:42:15 AM |
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I've used many forms for exchange in the past, most of which were average. Out of all those that I used the most suitable and trust worthy has been beaXchange. They have most of the major crypto-currencies for trading and interestingly enough, they charge no fees for registering and to start trading. Good thing is, it's available on all platforms so I can use it on the mobile as well. Their commission rate is the lowest I found on the market and it has saved me lot of money I usually agreed to give away on other platforms. I highly recommend beaXchange (beaXchange.com)
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CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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August 01, 2019, 10:32:25 AM |
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Simple answer who be because it's the best exchange based on the current exchange ratings, I'm speaking of Binance exchange, the fees are reasonable, their reputation are still intact irrespective of the recent exchange hacking. Unlike other exchanges in the past which runs out of business and not been able to return their customer funds, Binance did it without issue. Guess their high listing fee was useful. I also use the exchange as the trading volumes is high and there's always a close price range between buy and sell token price unlike most exchanges that lack trading volumes.
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asrafkhairulazzam22
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August 01, 2019, 10:49:49 AM |
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it's clear if the most popular question exchange? the answer is binance. we know binance has a large volume and is very trusted by traders and investors. binance cannot be replaced by another exchange to say favorite.
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pishite
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August 01, 2019, 11:54:23 AM |
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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.htmlThis 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? The main thing for me when choosing an exchanges was: 1. User friendly interface 2. Ability to trade selected currency 3. Output coins in Fiat 4. The security of my transactions through 2-factor authentication 5. Failure to provide personal identification documents
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