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Author Topic: Best Cryptocurrency Exchanges  (Read 2042 times)
cryptoadvocate (OP)
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October 16, 2019, 03:25:25 AM
 #1

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
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October 16, 2019, 03:42:24 AM
 #2

Well!

There are main types of exchanges as Centralized exchanges and decentralized exchanges.

While using exchangers for trading I prefer Bot trading which gives more perfection for trading. And for Bot trading, it needs API data. While testing many of exchangers very few offers in detailed data with API.  Binance and Bitmex for Crypto trading as well as Bittrex and Kraken for fiat are genuine exchangers.

 
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October 16, 2019, 04:33:57 AM
 #3

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.

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October 16, 2019, 05:41:50 AM
 #4

Good list, even some people might prefer the most popular exchanges with good volume. I think its good to give a  try some local exchanges too considering they have high volume and liquidity, if you prefer local crypto to local currency exchange. Just make sure they are regulated by government.
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October 16, 2019, 05:55:28 AM
 #5

Yes, Binance and similar large exchanges are very loved by the audience because of the large trading volume, high-quality IEOs and rich functionality. But you also need to have a cold calculation and do not forget that no matter how seemingly flawless the exchange would be, it can be hacked by hackers or worse, itself to take fraudulent actions. You can not use the services of one or a small number of exchanges. Risk diversification is the key to save your deosit.

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October 16, 2019, 11:53:28 AM
 #6

I agree if binance and kucoin, the two exchanges are indeed the best and must in my opinion a trader has an account there,
but for bybit and shakepay I don't like it, because there are still not many testimonials, so I don't want to risk trying there, even though it has advantages like bybit which has the best margin trading.

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October 16, 2019, 11:53:55 AM
 #7

In fact, there are plenty of cryptocurrency exchange and right now I have been using the binance exchange where now belong to the major exchange. We have different criteria on choosing cryptocurrency exchange and it depends to the users what would be the best cryptocurrency exchange for him/her. Day by day you can see a new cryptocurrency exchange but not all of them are safe and secure that's why you should wise on choosing.

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October 16, 2019, 12:45:46 PM
 #8

I agree if binance and kucoin, the two exchanges are indeed the best and must in my opinion a trader has an account there,
but for bybit and shakepay I don't like it, because there are still not many testimonials, so I don't want to risk trying there, even though it has advantages like bybit which has the best margin trading.
These 2 exchanges are quite familiar to all investors here because these are two exchanges that have appeared for a very long time in the market. Each exchange has its own unique characteristics but I prefer to use Binance because this is a centralized exchange of a lot of good projects and I can buy or sell at any time if I want. Binance is currently the number one exchange in this market so many investors prefer to join this exchange to make a profit.

All posts by me after 2012 were a compromised account. Probably by "BBOD The Best Futures Exchange". SORRY Y'ALL
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October 16, 2019, 10:28:22 PM
 #9

I'd also agree with you for now that Bybit's slightly better than Bitmex, even though I find Bybit's UI to be much worse than Bitmex's in terms of customizeability and usability, though I'll take it any day over the overloads that Bitmex has. There's still 'scamwicks' on the platform just like with any sort of leveraged crypto exchange out there, and the site's got less volume than Bitmex, but I'll still take it over Bitmex.

The customizeability of Bitmex was what attracted me to the site in the first place. You're able to change just about anything on the trading desktop of the site, things are draggable and expandable and shrinkable, and I find it to be neater and better organized  than Bybit by far. Bybit also doesn't offer quarterly futures like Bitmex does, only perpetual contracts, which could be a problem for some traders.
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October 16, 2019, 10:42:00 PM
 #10

in my opinion the place of exchange that can be said to be the best is a place of exchange that has high security, has a very high trading volume every day and has collateral with the assets you have, while for an exchange place that has such criteria only exists in the binance exchange place.

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October 16, 2019, 10:59:39 PM
 #11

The best list of exchange lists in my opinion is this binance and kucoin that you share. I think now we have to talk about volume and sales chart problems in a vulnerable time per day in order to determine the best number of exchanges to make it the first choice. binance and kucoin have these conditions
Those are the best centralized exchange and I really like binance because its the top choice and their own coin are making a big impact in the market. They also have a DEX where you can trade with a lot of controls on your wallet, and this is why Binance is still on top. Best exchange should be your option for a more safety trades.

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October 17, 2019, 12:31:18 AM
 #12

I'd also agree with you for now that Bybit's slightly better than Bitmex, even though I find Bybit's UI to be much worse than Bitmex's in terms of customizeability and usability, though I'll take it any day over the overloads that Bitmex has. There's still 'scamwicks' on the platform just like with any sort of leveraged crypto exchange out there, and the site's got less volume than Bitmex, but I'll still take it over Bitmex.

The customizeability of Bitmex was what attracted me to the site in the first place. You're able to change just about anything on the trading desktop of the site, things are draggable and expandable and shrinkable, and I find it to be neater and better organized  than Bybit by far. Bybit also doesn't offer quarterly futures like Bitmex does, only perpetual contracts, which could be a problem for some traders.

Yea I'd like futures and more pairs but bitmex was a nightmare on mobile and that's without overloads
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October 17, 2019, 01:07:47 AM
 #13

Very good.

But you know what? It seems that you carefully crafted and put your referral links in those exchanges, Lol. And that what makes your article a click-bait here and not helping at all but instead you trying to get someone to register under you. Nice trick!!!

But I have seen worst though,  Grin

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maxreish
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October 17, 2019, 01:40:03 AM
 #14

For now, I can only comment on few exchanges that I am using.
-Binance
-Bitmex
-Coinbase

And doing some small trades in Tokenomy exchange. Am still studying and trying this exchange site, though.

So far, I haven't experienced such inappropriate things to those exchanges. Binance and Bitmex is one of my favorites crypto exchanges since I can do some stop loss.  When it comes to margin and swing trades, I always consider bitmex. When it comes to the reputation, those who are on your list was always included.
cryptoadvocate (OP)
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October 17, 2019, 03:08:00 AM
 #15

Very good.

But you know what? It seems that you carefully crafted and put your referral links in those exchanges, Lol. And that what makes your article a click-bait here and not helping at all but instead you trying to get someone to register under you. Nice trick!!!

But I have seen worst though,  Grin

Plenty of the exchanges listed have no ref link which kind of kills your argument but ok.
Murat
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October 17, 2019, 06:11:32 AM
 #16

For me, Coinbase is the most potential and user-friendly cryptocurrency exchange because of having some lucrative features, low fees facility and the vital thing is that Coinbase is suitable to the beginners, not only that but also Coinbase is supported by a large number countries, so you can try it for your purpose, as the second option I always prefer Coinmama in case of a absence of Coinbase, In Coinmama you can use your debit or credit card, also it's user-friendly both the beginners and experts. and my third option is Binance, this hong kong-based exchange is also providing good support for its users, Binance has launched SAFU which is good for a user who could get back 10% of the trading fees. so all these three exchanges I suggest for you.

Herbert2020
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October 17, 2019, 07:03:28 AM
 #17

I agree if binance and kucoin, the two exchanges are indeed the best and must in my opinion a trader has an account there,

"big" has never meant "best" among cryptocurrency exchanges. in fact in most cases it has meant the exact opposite meaning the big exchanges are always the worst. because as they are earning a lot more money and have a lot of power they stop caring about their users, they don't provide any good support, their servers go down during massive pumps and you lose a lot of money in these scenarios. and on top of that they are always the biggest targets for hacks and that is only if they don't scam you themselves!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Henri Cartier
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October 17, 2019, 10:47:52 AM
 #18

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.

bhabygrim
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October 17, 2019, 11:30:28 AM
 #19

Well!

There are main types of exchanges as Centralized exchanges and decentralized exchanges.

While using exchangers for trading I prefer Bot trading which gives more perfection for trading. And for Bot trading, it needs API data. While testing many of exchangers very few offers in detailed data with API.  Binance and Bitmex for Crypto trading as well as Bittrex and Kraken for fiat are genuine exchangers.

 
I agree we couldn't just tell that it is the best since there are two types of exchange ,
And right now there are so many new DEX that is coming on the crypto society so it would be hard to point out the best.
I think it would only depends on your needs and what suits you the best would be the best for you so it would always be different for each and everyone of us.

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SummerBliss
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October 17, 2019, 12:02:14 PM
 #20

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.
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