crabby (OP)
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December 17, 2019, 10:43:46 PM |
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Hi Everyone! I hope we're all having a great week. I just published a quick article sharing the 3 exchanges I would recommend for any crypto trader getting into the market. What do you think? Which exchanges would you recommend to new crypto traders? The 3 Exchanges For Every Crypto Trader In 2020Looking forward to hearing your thoughts!
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janggernaut
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December 17, 2019, 10:54:45 PM |
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To those who feel too lazy to read the article, 3 exchanges sites which OP suggested are Kucoin, Coinbase and Bittrex
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
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ralle14
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December 17, 2019, 11:08:26 PM |
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Out of the three exchanges KuCoin imo is probably the best one to use for new traders since there's no verification needed. Coinbase isn't a bad option if you need an exchange that also accepts fiat but i'd look for other options before using coinbase because there's a lot of exchanges out there and one of them could be more convenient than coinbase depending on where you live and what payment options they accept.
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2double0
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December 17, 2019, 11:15:54 PM |
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I like Binance, IDEX and Cobinhood over your suggested exchanges because Binance holds a significant amount of real volume for each available coin there, I am a die-hard fan of ETH based tokens and like to trade them as selective tokens have some future potential, Cobinhood was my all time favorite because of their 0-fee structure but I am not using it right now.
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harizen
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December 17, 2019, 11:23:17 PM |
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~snipped~
I will not recommend any but instead, will give them a list of some of the reputable exchanges that might worth to put a risk. My good experience at my preferred exchanges might not be the same for them so better choose on their own. Since different people have different preferences, I will let them choose what fits them based on their own research and analyzation. Of course, throughout their study, if they will need any assistance or have a difficulty deciding despite of their research, that's the time I will enter and give my own views about their chosen exchanges. Nice article you have there although a bit-short (obviously other Infos might be seen at other articles so you decided to just share a quick insight of each?). Also, I like the disclaimer you always include at the end of each article you are publishing.
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nydiacaskey01
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December 17, 2019, 11:44:52 PM |
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I am using Bittrex to trade but not as often as before since I started using Binance. Bittrex has been the platform that I used for quite sometime. I may have encountered a problem like my account was placed on hold without notice but it was resolved as soon as I addressed it to the admin. I haven’t used Kucoin, so I cant give a feedback on that one. As for Coinbase, I just use it to store coins before but not anymore because they ask for a lot of things to be submitted.
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MURONDI
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December 18, 2019, 02:03:11 AM |
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everyone has different views on exchange, there are lots of good exchanges, but what is popular and I have often heard is, binance, coinbase, kranken, I myself am not too concerned with exchange, the most important thing for me is that the exchange is safe and not scam.
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deadsilent
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December 18, 2019, 02:15:58 AM |
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Most of what we found so called "top exchange" are not true sometimes. Based on my experience, some of them are den of bots and crappy things that spam the exchange to fake the volumes. So you have it experience them yourself. P2PB2B is an example for that. What funny is they claim themselves as one of the best exchange out there. Try Binance or Houbi, good exchange and been operating for a long time. Also list only good altcoins in the market.
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Negotiation
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December 18, 2019, 03:47:11 AM |
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What I like most about the Exchange Side is Binance They are also a very reliable side like Kucoin and Coinbase They are very popular and most people exchange on this side. Here you can exchange very easily Do not exchange new services They are usually scammed Also you should have enough knowledge about the side at which to exchange.
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crwth
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December 18, 2019, 03:52:26 AM |
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I don't know why you included Bittrex in the mix, I think they are slowly getting fewer customers, based on what I see on the CMC website. The idea of having different exchanges would be beneficial if you have a lot of capital, and you want to spread on the risk you are making. We all know that when you spread your investments, it would benefit you if someone were to hack a particular exchange, and you get to keep 2/3 of your capital (if you have 3 exchanges). I would definitely include Deribit with the margin trading, you could take advantage of the long and short of the market, but I wouldn't suggest it to newbies though. It would be beneficial if you were to understand trading with the use of an automated cryptocurrency bot like Gunbot.
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bitzizzix
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December 18, 2019, 04:17:24 AM |
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Recommending those who are new to using cryptocurrency for the best and reliable trade exchanges to help them trade is a good thing, and in my opinion the 3 exchanges suggested by the OP are very good depending on those who are more understanding and comfortable using it. and I am sure those who have long joined cryptocurrency have determined the best safe and comfortable trading market for them, and I myself have been trading using Binance so far because I feel comfortable even though there are many best exchanges in cryptocurrency.
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samcrypto
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December 18, 2019, 05:27:47 AM |
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Newbies should always go for the good exchanges and I do also recommend Kucoin, Bittrex and kindly include Binance because its already on the top list of good exchanges. Traders must consider this one before trading, having the best exchange can lessen your risk of losing money and if you do consider low volume exchange you must focus on that and watch your money well, don't let yourself to become a victim of those scam exchanges, many already suffer on this.
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irsykes
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December 18, 2019, 06:34:20 AM |
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Hi Everyone! I hope we're all having a great week. I just published a quick article sharing the 3 exchanges I would recommend for any crypto trader getting into the market. What do you think? Which exchanges would you recommend to new crypto traders? The 3 Exchanges For Every Crypto Trader In 2020Looking forward to hearing your thoughts! Binance, Bittrex, and maybe the third one is my local exchanger. But honestly i am not really active in trading activity. Usually i trading when i think it is good coin to buy and my friend suggest it. When trading alone maybe pairing bitcoin and eth in my local exchanger because they already have some pairs of bitcoin and big altcoins.
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CodyAlfaridzi
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December 18, 2019, 06:39:50 AM |
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Those three are decent exchange but I wouldn't say they are the best. I'm not sure how popular Bittrex is these days. It used to be one of the top exchange but I think those days are long gone. Bittrex is no longer one of the top exchange I would say.
Kucoin is a promising but not quite there yet. It has a good development over the past year but definitely still fall short of the top ones. The real top exchange, for altcoin at least, is Binance. Binance is the best altcoin exchange at the moment. Not sure why you don't discuss Binance further in the article.
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Rodeo02
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December 18, 2019, 06:53:23 AM |
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Ill use 3 exchange before for trading and my experience for 3 is good. I use coinbase way back 2016 i remember they dont required KYC before so i am freely use that but after adding KYC i stop using it same thing with bittrex. In kucoin is good platform for low capital traders because you dont need to make kyc for small trade the last time i use that exchnage is this year.
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zhekinsp
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December 18, 2019, 07:03:15 AM |
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Missing binance on the best exchange? OP seems different while picking best.
Coinbase is definitely better exchange but for someone who don't like KYC they have lot other better options.
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Taskford
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December 18, 2019, 07:10:59 AM |
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Hi Everyone! I hope we're all having a great week. I just published a quick article sharing the 3 exchanges I would recommend for any crypto trader getting into the market. What do you think? Which exchanges would you recommend to new crypto traders? The 3 Exchanges For Every Crypto Trader In 2020Looking forward to hearing your thoughts! The one that I didn't like for bittrex is their KYC option before you can withdraw your funds and I didn't feel safe for that matters since asking for personal informations just to trade is to much although 3 exchanges is good but actually you are missing the top tier exchange which currently on the top right now and that is Binance,Kraken and Bitfinex.
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maydna
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December 18, 2019, 07:22:00 AM |
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I prefer Kucoin and Bittrex to trade, but I am curious why Binance is not on the list because, as a big exchange, Binance should have a good position among the other exchanges. Out of what happens to Binance, that exchanges have a big fan of trader who uses Binance for daily trading. Bittrex is an old exchange but still exist until today, and Bittrex has a lot of coins to trade, so I think Bittrex still have their fans who are trying to make a profit. But if you want to use an exchange that doesn't require KYC, then you can choose Kucoin and Binance because Bittrex needs to complete the KYC.
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Wexnident
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December 18, 2019, 08:27:03 AM |
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The three listed are quite reputable and unarguably famous ones out of the many exchanges out there. But I would still recommend Binance instead of the other 3. I've tried KuCoin before and used it for around 3-4 months, but still proceeded to switch back to Binance after that. A lot of people often compare these exchanges but it's really just a matter of preference, and well, location. Bittrex is pretty old already, quite past its prime unlike how KuCoin is developing these days, and how Binance can be seen to be at its prime right now. Coinbase is errr don't have many reviews on it since I really haven't used it.
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avatar_kiyoshi
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December 18, 2019, 09:01:55 AM |
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Most of what we found so called "top exchange" are not true sometimes. Based on my experience, some of them are den of bots and crappy things that spam the exchange to fake the volumes. So you have it experience them yourself. P2PB2B is an example for that. What funny is they claim themselves as one of the best exchange out there. Try Binance or Houbi, good exchange and been operating for a long time. Also list only good altcoins in the market.
Fake volume on the exchange now it is a public secret. Thanks to Bitwise for doing research and finding this fake volume problem with data. And only 10 exchanges are recognized by Biwise as exchanges that have real volume, one of which is Binance. For Huobi it seems they are fixing their volume, because since 2019 the huobi has stopped misreporting the volume.
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