sorrros
Full Member
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Activity: 954
Merit: 104
ludenaprotocol.io
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August 02, 2019, 02:48:22 PM |
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I prefer decentralized exchanges because I own my cryptocurrencies and I can leave my cryptocurrencies on that exchanges for a long time. Instead of having fear on centralized exchanges.
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herfie.chen
Member
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Activity: 672
Merit: 10
simply getting the job done
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August 02, 2019, 02:49:58 PM |
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I have used many exchange platform and my favourite is Binance and Okex the best exchange platform in any case.
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barlo357
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August 02, 2019, 02:58:32 PM |
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The reason why I choose binance is because I feel secure using it and they are very responsive when it comes to having problems with their site. And also, the transactions are also fast compared to other centralized exchange sites.
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icekohl
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August 02, 2019, 06:21:27 PM |
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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? I chose an exchange when the altcoins I held were listed on it. The reason is simply that. And it will be more convenient when the exchange can withdraw cash. That's why I chose OKEx, a leading trading platform today and has an OTC market integration.
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DaMut
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August 02, 2019, 06:26:26 PM |
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It was like a buyer trying to buy something in the market. Will you prefer a clean one or a dirty one? I choose it because of this. and based on this logic too, we should never trust them fully because you OWN your asset if you are storing it yourself. I do not recommend nor forbid anything but I will remind you, this. You can use every exchange around the world, but after you use them. Do not forget to take all of your assets from that exchange, because everything can happen.
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wanted sliter
Member
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Activity: 398
Merit: 10
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August 04, 2019, 07:36:55 PM |
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I am using Binance and OKex to trade my coins There's no bigger reason than they are big exchanges, and yes, still there would be some scam But not that much with smaller one, And for specific, okex lists most of my bounties's token, so I Can sell them easily
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ralle14
Legendary
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Activity: 3192
Merit: 1883
Metawin.com
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August 04, 2019, 08:04:44 PM |
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I slightly disagree with what was said in the article, having user friendly interface doesn't really make an exchange reliable. An example is changelly they seem easier to use when exchanging coins but isn't trusted by many if you look up how many traders had bad experience after using their service.
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anjho.ace
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August 04, 2019, 09:59:24 PM |
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Becuase of the volume in the exchange and the movement of tokens. My favorite one is the KUCOIN, i really like the volume there. BINANCE is a good one and to be listed there is really something and an achievement for any token project.
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Kwansimaa
Member
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Activity: 238
Merit: 12
send & receive money instantly,with no hidden cost
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August 04, 2019, 10:27:42 PM |
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Choosing a proper exchange is the bet decision one can make for himself or herself. I chose my current exchange because of so many reasons. First of all, I chose them because every account on the exchange is covered with an insurance worth 1M dollars, again, because of their highly centered security and simple platform to use even by a newbie.
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romecheo
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August 04, 2019, 10:33:24 PM |
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I am using Bittrex before and until now, I have a few cryptos in there, before, Bittrex was really easy to understand and I think, the best exchange for beginners to intermediate traders, however, I heard many good reviews about Binance, and I am interested to give it a try.
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H1N1
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August 05, 2019, 04:56:44 AM |
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The reason i keep using the same crypto exchange is because the deposit and withdrawal gone smooth. If you doing arbitrage trading, deposits and withdrawals must be done quickly to fill the book orders. With good exchange, this method can give profit to arbitrage traders.
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btcholder
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August 05, 2019, 03:27:50 PM |
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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? I can choose binance. I think many people choose binance because it's easy to trade here and their support is really good for their client. They don't took so much time for transaction. They also reduce their trading fee if you use BNB coin.
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Kezacky
Member
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Activity: 744
Merit: 10
https://www.enterapp.io/
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August 05, 2019, 03:31:38 PM |
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each user has different perceptions - including objects in terms of the exchanges they use, based on how comfortable they are in using the exchange both functions and other features that make them comfortable with the exchange, so far I personally prefer binance exchanges because there are many trading volumes there and some coins traded there include potential coins.
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redsun114
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August 05, 2019, 03:50:50 PM |
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When I choose any exchange, I consider its security first, then volume along with the range of different coins it has listed. I only choose exchanges with high reputation and do not ask for KYC to withdraw funds. Daily limits are accepted, I can understand the issue. Binance and Kucoin what I use most of the time.
Although Binance was stolen by hackers 7000 btc, they have their own funds for emergency situations similar to this. I think choose the exchange that most people use, which is the simplest and most effective tip Even if they have emergency funds, that does not mean they have to still leave their system vulnerable to security threats, the last time they were hacked, we learnt that the hacker stole 41 million dollars which they paid, imagine that they hack them 3 times of same amount in a year, do you think they will be able to pay again, how much is Binance really worth for them to be banking more of emergency funds. Any exchange must make sure that their security is very tight irrespective of how much emergency fund they have created. We have some hackers that are not even after the money, but to destroy and wipe out data completely out of jealousy or to destroy them, so it is not only the money, but their data also needs to be fully secured without giving chance to hackers at all.
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bonyaserg
Jr. Member
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Activity: 1876
Merit: 5
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August 05, 2019, 04:09:30 PM |
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This is an interesting topic about the exchange of cryptocurrencies and much more. Since it is always very often necessary to take advantage of a profit. Now there are a lot of exchange offers on the market and you need to find for yourself where they charge very low commissions. And you also need to find a safe exchange and not fall into the hands of scammers. So I wish everyone good luck in finding promising exchangers.
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ishirut009
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August 05, 2019, 04:24:25 PM |
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my exchange that i use right now is kucoin and binance only, not only they have an amazing customer support but also a good interface that is so easy to use. Other exchange got way too complex user interface that a newbie cannot use properly.
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Plinteng
Jr. Member
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Activity: 285
Merit: 3
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August 05, 2019, 04:40:42 PM |
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I feel comfortable with binance exchanges, they offer good features and I'm sure most users on this forum also trade coins on binance exchanges. , even almost every day I make small trades on binance exchanges ..
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letyouearn
Legendary
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Activity: 1722
Merit: 1014
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August 05, 2019, 05:34:24 PM |
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My favourite exchange is the one I need at the current moment. If I think about trading some token somewhere, I usually go to coinmarketcap and look where I can make a trade. Then I choose the exchange with the best price and high volumes. Also I prefer the one where I already have registered and verified before.
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forexandcryptoauditor
Copper Member
Jr. Member
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Activity: 1190
Merit: 3
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August 05, 2019, 05:54:19 PM |
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Truly speaking, I did choose my last exchnange only because the token or coin which I had, was listed only on this exchange. So I did not have a choice to select from different exchanges.
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KrosaKz
Newbie
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Activity: 22
Merit: 1
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August 05, 2019, 06:38:05 PM |
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I use binance, they offer good functions, especially easy to use, I think a beginner like me can also learn to trade there. besides that the costs there are also cheap and of course I feel comfortable trading there
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