Favorite Bitcoin exchange?

[panganib999]

Coinbase number 1!! Once you get past the KYC thing, its actually kinda nice. Well, any exchange is but in my stand, coinbase is a lot better than most exchanges. Binance is there and Kraken is there sure but I guess i just got used to using coinbase too much that I stand quite biased with it?
I'm mostly trading small amounts so Im fine in general with KYC and well, I guess I just like it? Clicked more to me, plus I enjoy the UI itself so yep.

[CodyAlfaridzi]

Today there are hundreds of Bitcoin exchanges in existence. Exchanges operate like a bank but for cryptocurrency. Before using one you will have to register for an account and upload identity documents to verify yourself.

Personally, I use Coinbase and Paxful as my main exchanges as they are both user-friendly and hold a large stash of cryptocurrency in their vaults for the safety of their users.

For those of you around the globe, what is your favorite Bitcoin exchange?

For exchanging crypto to fiat, I mainly use Indodax and Triv. I don't trade crypto to crypto that often, but if I must I probably would choose Binance because of its varieties of coins and solid reputation. Most of the time, I margin trade in Bitmex. Hands down, the best margin trading platform.

[smartbitcoininvestor]

Binance has a lot of cryptocurrency pairs so I use it too for some of the lesser-known coins. The platform also has excellent security and enforces KYC measures.

Based on some of the responses here I think I will try out Huobi exchange soon.

[nutella_11]

I can recommend you CoinDeal. This cryptocurrency exchange is well-known in EU, recently they have also entered the US market. Probably one of the most user-friendly exchange, idea for beginners imo. Moreover, fees are pretty okay, deposits in some currencies are free of charge.

[o_e_l_e_o]

Once you get past the KYC thing

"Get past" KYC? You know Coinbase hand over their customers' details and account activity to the government and also sell this information to third parties without your consent? There is no "getting past" it. Once you've completed KYC on Coinbase, they will exploit you to the max.

The platform also has excellent security and enforces KYC measures.

Binance was hacked recently and thousands of customers' KYC details were stolen. They have been hacked for coins several times in the past. I wouldn't call that "excellent security". You also seem to be talking about KYC like it's a good thing. It's not.

[Ducker Smith]

Coinbase and Binance for trading. I usually store my crypto in a hardware wallet.

[yazher]

My favorite Bitcoin exchanges are those who have fewer transaction fees when trading BTC and most of them are unknown exchanges or below top exchanges out there. If you only trading a small amount of BTC, those kinds of exchanges are the great choices. But If you are trading some big amount of BTC, my advice is, don't sacrifice it for just a little amount of BTC that you can save form these unknown exchanges rather choose Binance or maybe Kraken to be safe. because some of the unknown exchanges are known to their brutal behavior. do you wanna know what it is? it is their sudden shutdown. most of you know this one, but it's worth saying it here.

[UserU]

I've stopped trading Bitcoin but in terms of simplicity and convenience, Remitano.

The 1% taker fee is pretty steep though.

[Nawrod]

Maybe CoinDeal or Kraken? These two are reliable to me. I've been using Coindeal for a long time and everything works fine. Deposits and withdrawals are done quickly. It has a feature called the Galaxy Score which helps you to decide when is the right time to buy or sell and which coin and this could be helpful for you if you are a beginner.

[sheenshane]

The platform also has excellent security and enforces KYC measures.

Binance was hacked recently and thousands of customers' KYC details were stolen. They have been hacked for coins several times in the past. I wouldn't call that "excellent security". You also seem to be talking about KYC like it's a good thing. It's not.

Yeah right, but it seems traders choice as of now is still on Binance exchange even though the recent hacked incidents have happened.
I know it's too hard to trust exchange sites as of now, but if I going to choose one of them I still prefer on Binance because they had a good market volume and the liquidity as well. Good advice is don't leave a huge fund in any exchanges platform after trading, we can't trust how their system work and probably one day they will get hacked.

If you looking for an exchange platform list and their perspective comparisons, just refer to this thread, it was created by Raja_MBZ, Crypto exchanges comparison.

[Negotiation]

My most preferred is Binance and Kucoin. I kind of trust Binance because it's one the biggest and secured exchange and I feel safe. The same goes for Kucoin as their supporting the regulation and they are trying to improve the crypto world.

  I agree with you. My favorite exchange side like yours is Binance. This is a much improved Exchange Side. Investing here is much easier and safer. Here we can make more profit by investing less.

[OcTradism]

I don't care which exchanges are your most favorite ones. Because exchanges come and go, massively grow to the top, then collapse to the bottom of exchange ranking list.

What you have to care about when using exchanges are:
- Choosing the one that should be on the top (they have good volume, liquidity, promotions, and good reputation), temporarily.
But:
- Don't storing all your money on one or two exchanges. Even they are your most favorites, or even they are the biggest ones among crypto exchanges, temporarily.
- Don't storing all your money on exchanges.
- Don't storing your money (all of part of it) on exchanges for too long, especially if your trading plans finished. Withdraw it instantly when you finish your trading plans to your wallets.

[JohnnyCostello]

Hello! Take a sentence here to introduce myself to the forum. So hi.

As for any exchange, I do like Kraken pro for mobile. It makes my life easier but alternatively I enjoy how cash app has offered a way to buy coins and give a custodial service to the people less adamant about security and getting started.

Coinbase was a starter for me but I gave up there as the learn feature never worked for me

[Legit_Alt+]

My favorite bitcoin exchange is binance,  kucoin, okex, coinbene,  and latoken. Due kucoin was the first crypto exchange I was familiar with back then in 2017 before the launch of binance exchange.  What makes me likes Kucoin then was the user interface it was very easy for to use and I really enjoyed using the exchange...

[firesurfer]

usually i just using this 3 exchange
1. Binance
because there is many trader and high fluktiation.
2. Kucoin
kucoin is not too hype but in this exchange many good project listed and they have a huge community they are also every month doing an event.
3. Bitmex
this is an margin exchange so if you don't understand you should learn before trade in margin exchange like this, bitmex allow user to use up to 100x leverage that can bost your profit and loss

[pealr12]

My most preferred is Binance and Kucoin. I kind of trust Binance because it's one the biggest and secured exchange and I feel safe. The same goes for Kucoin as their supporting the regulation and they are trying to improve the crypto world.

No doubt if binance is the most favorite exchange so far, but i think as every passes new exchanges will bloom. So far binance and kucoin is my favorite exchange.

[fortunecrypto]

Today there are hundreds of Bitcoin exchanges in existence. Exchanges operate like a bank but for cryptocurrency. Before using one you will have to register for an account and upload identity documents to verify yourself.

Personally, I use Coinbase and Paxful as my main exchanges as they are both user-friendly and hold a large stash of cryptocurrency in their vaults for the safety of their users.

For those of you around the globe, what is your favorite Bitcoin exchange?

I only use two rights now I am not trading much but accumulating more Bitcoin through our local exchanges, my two favorite exchanges right now are Kucoin and Bitrex, sometimes I use Yobit to trade so far all these exchanges I'm using are all safe and secured and I have not encountered any issues on their support.

[PulindaDeshan]

Thank you for all informations. I think the best bitcoin exchange site is Binance.....