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Author Topic: Best Cryptocurrency Exchanges  (Read 2039 times)
cryptoadvocate (OP)
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October 19, 2019, 02:53:18 AM
 #21

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange
There are many exchanges dealing in cryptocurrencies and you can choose one according to your wish or the coin which you want to trade.Most people prefer legit exchanges and which are safe like Binance is good option avaailable due to high trading volume but documention is required which takes time so you can try local exchanges but be sure they are legit as there are many scams in crypto world.

Depends on jurisdiction and desired withdrawal limits
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October 19, 2019, 09:33:25 AM
 #22

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.
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October 19, 2019, 09:56:19 AM
 #23

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.
Actually binance exchange is also quite dangerous because it has also experienced a case of hacking so in my opinion not entirely good binance. but the trade volume of the exchange is quite large. so many people who trade on the exchange

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October 19, 2019, 11:12:37 AM
 #24

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange
Thanks for your contribution. I think you need to make the list of largest exchanger sites by volume and explain all the tools and features they have. Maybe those who have a zero fee trading promotion might be on the list for the best exchangers.

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October 19, 2019, 11:56:19 AM
 #25

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.
Actually binance exchange is also quite dangerous because it has also experienced a case of hacking so in my opinion not entirely good binance. but the trade volume of the exchange is quite large. so many people who trade on the exchange

I can't argue with hacking issues about binance, because they're prone to that because of their popularity. But we can't judge them at worst expectations, because there's no exceptions for the hacking possibility. All exchanges is prone to be the victim, and if you want to avoid this certain situations don't store funds on binance or any other unknown exchanges.
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October 19, 2019, 12:21:17 PM
 #26

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.
These are the reasons why investors feel safe participating in Binance and will be less risky in investing because all coins have very good trading volume. In fact, there have been many big problems happening at this exchange but they still have a quick fix and always have a reasonable strategy to make investors trust this exchange. Binance currently has the highest trading volume in this market and that is now well recognized by everyone here.

I personally believe that Binance will still perform well in the next few years and there will be many new policies to help investors earn good profits.

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October 19, 2019, 12:32:49 PM
 #27

You can check Coinmarketcap where you can get the list of Top 100 exchanges by Trade Volume. Also, we can check CoinGecko where it gives Cryptocurrency Exchange Ranking by Trust Score. By checking this, we can choose some crypto exchanges and do some research about that exchange, check the reviews and later we can do test trade on that exchange and know how good that exchange is. By doing this, we can get to know how good an exchange is.
Just using trade volume to judge an exchange isn't the best thing to do. If I am not wrong, some exchanges (but I guess most of them do that) adds fake volume to their exchange to stand out at the market. That is an unethical thing to do. Rather than just focusing on the trade volume, look for exchanges that have good user interface, an excellent support system and well known coins added avoiding those shit coins.

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October 19, 2019, 12:54:23 PM
 #28

At least I just often to use two exchanges in your list i.e binance and kucoin and the rest I never use them and even I just know from you. For centralized exchange I just trust for its credibility and how they act when faces some problem such hacking problem and etc and thus far I just believe two exchanges. So, I'll never try to find new exchange which haven't yet popular and its reputation haven't known by most users. Also, I pick some exchanges who can be able to change cryptocurrency to money fiat and I use indodax who can do it so far.
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October 19, 2019, 04:51:51 PM
 #29

There's a lot of best cryptocurrency exchange like yobit, bittrex, kucoin, hitbtc and there's a lot more.
You can choose what exchange you gonna be like.
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October 19, 2019, 05:19:59 PM
 #30

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange
I think bybit isn't better than Bitmex. Bitmex is an absolute decentralised exchange with great volume and less trading fees. Moreover they provide huge volumes and almost zero slippage. As far as I know there is no scam accusation against them. Only problem is that their withdrawal fees are a bit on higher side. You can choose your own fees but their recommendation is high. Best thing is their charts which are trading view charts with all unlocked indicators. All on all it's best to trade on Bitmex if you are into leverage trading.
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October 19, 2019, 06:06:48 PM
 #31

1) I highly recommend sign up for Yobit and get the chance to win a lot of free direct tokens in exchange for free and still participate in Yobit's post pay campaign along with Cryptotalk.org, that's 1000 satoshis per post, 30,000 satoshis a day.

2) Binance is a good platform for spot market and bot trading. If you are just swing or day trading, you can probably get everything done here. The prices in BTC terms for most coins is also higher than other exchanges, might be because of the volumes on Binance. The tech is stable and the support is good.

3) For a first time buyer, I would recommend Coinbase. It has the easiest UI to use and you can get your Crypto instantly if you want. Every exchange has some horror stories but Coinbase is the most widely used.

4) Bittrex works fine for me but some people have had problems with their verification system, even getting locked out of their account until they verify. I would just set up the enhanced verification from the start and there shouldn't be any problems. Other exchanges have different options, layouts, and liquidity for pairs, so it depends on what you want.
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October 19, 2019, 07:15:25 PM
 #32

Agree with Binance exchange. binance is very favorite many trader
My reason why binance is very favorite:

1. Very large trading volume
2. trade fee very low
3. Withdrawal fees are also cheap unlike many exchanges
4. has an IEO launcpad that has never fallen from IEO prices until now.
5. when they have a problem the team works well like in the 7k bitcoin hack, they quickly resolve everything by returning the user's funds.
unfortunatelly, the last two IEO from binance is the worst coin in launchpad so far, and now falling down from IEO price
Band IEO price was .473 USD, current price .34 USD
PERL IEO price was .07743 USD, current price .0319, more than 50% lose Wink
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October 19, 2019, 10:47:18 PM
 #33

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange
I'm pretty sure a lot of people believe that Binance is the best exchange. But I'm also sure that one day there will be an exchange that will take over Binance. If we look recent days or months back, Binance seems have a suspicious activities done by the team, like a sudden maintenance which is not good for me. Other strange thing for me is hacking issue that has ever come to Binance which for me seems like wasn't true, or made by internal team, like they are playing game over us.

No, Binance actually not the best. It just seems the best.


Well" your right for that mate binance is the most popular exchange at this time a lot of trader cgoose binance because for the great service and reputation of that exchange, but do not be offend mate not all traders are using binance at all, some of them they use old exchange for their convenience.
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October 19, 2019, 11:50:58 PM
 #34

I have no experience with ShakePay because right now i heard regarding exchange from you, i think it’s only used in Canada that's why users is too much low in this exchange. Even it’s not listed exchange in coinmarketcap so that it’s not familiar for majority of the people’s. I am using specially Binance (i agree with you this one is overall best exchange undoubtedly) ,KuCoin,Kraken those are you already mentioned in your article. BitMex is the best in many type of trading not only margin trade. Why OkEx and Huobi Global are missed in your list? Still i never used Bybit exchange and i checked in CMC but not showing any data what happened with it.

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October 20, 2019, 12:27:48 AM
 #35

No, Binance actually not the best. It just seems the best.
I'd love to know what exchange you think is *actually* the best, if not Binance.  There are others I use that seem to be just as good, like Kucoin.  Polo was decent, but they're ditching U.S. customers...so I actually do think Binance rules at the moment.  Yep, some other exchange may take its place eventually but it hasn't happened yet.

Being from the states, I'm really only familiar with a handful of them.  I know there are many in Asia and they might be just fine, but I haven't heard of many of them and I don't know if they're reputable or not.
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October 20, 2019, 12:49:40 AM
 #36

Thanks for your thread @cryptoadvocate. I just visited your attached website you referred here. There are lots of websites which offer the same kind of exchange services. But I think everyone should take a closer look before choosing a cryptocurrency exchanges. Here are a few things which I marked:

1) Location
2) Reputation
3) Security
4) Volume and Liquidity
5) Customer Support
6) Cryptocurrency Exchange Fees
7) Usability
Cool Payment Methods

Besides there have some other options. You might read a brief article How to Choose the Right Cryptocurrency Exchange. Hope that help!
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October 20, 2019, 03:45:48 AM
 #37

I have no experience with ShakePay because right now i heard regarding exchange from you, i think it’s only used in Canada that's why users is too much low in this exchange. Even it’s not listed exchange in coinmarketcap so that it’s not familiar for majority of the people’s. I am using specially Binance (i agree with you this one is overall best exchange undoubtedly) ,KuCoin,Kraken those are you already mentioned in your article. BitMex is the best in many type of trading not only margin trade. Why OkEx and Huobi Global are missed in your list? Still i never used Bybit exchange and i checked in CMC but not showing any data what happened with it.

Yep shakepay is Canada only
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October 20, 2019, 05:02:28 AM
 #38

I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested.

https://www.cryptoadvocate.net/post/best-cryptocurrency-exchange
I'm pretty sure a lot of people believe that Binance is the best exchange. But I'm also sure that one day there will be an exchange that will take over Binance. If we look recent days or months back, Binance seems have a suspicious activities done by the team, like a sudden maintenance which is not good for me. Other strange thing for me is hacking issue that has ever come to Binance which for me seems like wasn't true, or made by internal team, like they are playing game over us.

No, Binance actually not the best. It just seems the best.


Well" your right for that mate binance is the most popular exchange at this time a lot of trader cgoose binance because for the great service and reputation of that exchange, but do not be offend mate not all traders are using binance at all, some of them they use old exchange for their convenience.
Your right even me i prepared to use bittrex and poloniex exchange  this exchange i was using since i started my crypto currency journey, as of now i dont have any problem with both exchange this binance is only being hype because of too many news article that always mention this exchange .
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October 20, 2019, 06:30:00 AM
 #39

I'd love to know what exchange you think is *actually* the best, if not Binance.  There are others I use that seem to be just as good, like Kucoin.  Polo was decent, but they're ditching U.S. customers...so I actually do think Binance rules at the moment.  Yep, some other exchange may take its place eventually but it hasn't happened yet.

Being from the states, I'm really only familiar with a handful of them.  I know there are many in Asia and they might be just fine, but I haven't heard of many of them and I don't know if they're reputable or not.
Okay, please let me give my opinion about an exchange.
We are now in decentralized space. Even though we actually live in centralized system (government, banks, etc), but we are mostly active on decentralize area.

Binance, Poloniex, Bittrex are centralized exchanges. Centralized exchanges are sometimes good but later they will be just other centralized systems. They will eventually be the same.

For me, there is no best exchanges among those centralized products. Once we think it's the best and we start believe it, we could lose our mind and agree with every decision they take, we would never think they are wrong even though. Why that matters?

Cause in the decentralized world, we should not trust no one. Being skeptical is good.

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October 22, 2019, 02:47:40 AM
 #40

No, Binance actually not the best. It just seems the best.
I'd love to know what exchange you think is *actually* the best, if not Binance.  There are others I use that seem to be just as good, like Kucoin.  Polo was decent, but they're ditching U.S. customers...so I actually do think Binance rules at the moment.  Yep, some other exchange may take its place eventually but it hasn't happened yet.

Being from the states, I'm really only familiar with a handful of them.  I know there are many in Asia and they might be just fine, but I haven't heard of many of them and I don't know if they're reputable or not.

US users are certainly running low on options
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