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Author Topic: 8 of the best Binance alternatives  (Read 539 times)
xiboothrezi
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January 24, 2020, 10:20:17 PM
 #41

Bittrex and Poloniex, a lot of memories with this exchange especially in 2017, the first time I learned trading using this exchange. Then Binance began to dominate. We must also adjust to maximize the take profit opportunities. Besides these three exchanges, I often use Kucoin and Okex. Bounty projects that can penetrate these exchanges usually have good potential and can form a good market capacity. If not in an emergency, then never bet your funds on a less trusted exchange, your funds could be stuck or taken away by fraudsters.

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January 24, 2020, 10:31:57 PM
 #42

Bittrex and Poloniex, a lot of memories with this exchange especially in 2017, the first time I learned trading using this exchange. Then Binance began to dominate. We must also adjust to maximize the take profit opportunities. Besides these three exchanges, I often use Kucoin and Okex. Bounty projects that can penetrate these exchanges usually have good potential and can form a good market capacity. If not in an emergency, then never bet your funds on a less trusted exchange, your funds could be stuck or taken away by fraudsters.
I’m still using poloniex and so far it is still good but since Binance becomes more active people shift on this exchange easily. I’m with Okex as well and this become my second home as a trader aside from Binance. I agree that those new projects who are able to list on the top exchanges usually succeed on their goals, new projects should aim for this.

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January 24, 2020, 10:41:26 PM
 #43

All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
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January 24, 2020, 10:47:29 PM
 #44

All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
Even the top exchange can scam you so you’re right about the risk factor and about using the exchanges. I’m Kucoin and Binance since these two exchange give me the best services and I’m satisfied with it. If you’re using small exchanges don’t hesitate to withdraw your funds or else you might be late on doing that if something bad happen.
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January 24, 2020, 11:04:38 PM
 #45

All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
the issue of trust is indeed an important factor, you can be more comfortable using official exchanges in your country because it has legal protection for its users. I am not accustomed to dividing portfolios on many exchanges at once, just ensuring maximum funds in certain exchanges and understanding risks by always seeing updates on exchange conditions, huobi is quite good as an alternative.

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January 24, 2020, 11:27:08 PM
Last edit: January 25, 2020, 08:27:06 AM by leatutz
 #46

I think many of use on here use Binance fairly often. And I think they are one of the best cryptocurrency exchanges in the world. Great trading volume, selection of cryptos, smart innovations like the SAFU fund, etc.
But I think it is important for beginners to experts alike to not get stuck using one crypto exchange only!

What happens if that exchange closes down, goes down temporarily, it is affected by regulations in your country (read Binance and the U.S), etc,etc.

So with that in mind we had a look into some of the best alternatives to Binance when it comes to crypto exchanges and made this list. Now it is hard to find a list of perfect cryptocurrency exchanges! And some of you might have had bad experiences with some of these. But overall these are some of the most popular exchanges with similar traits like Binance!

The top 8 Binance alternatives are:
In no particular order!!! Smiley Important to note!

1. Bittrex
2. KuCoin
3. Kraken
4. OKCoin
5. OKEx
6. Coinfalcon
7. Huobi
8. Gate.io

What's your favourite exchanges? That are also fairly similar to Binance?

Find the full post here https://gocryptowise.com/blog/best-binance-alternatives/
Binance exchange has good volume even this volume is real. For country regulations this exchange isn't in the own the country. Main office already changed from own country, this exchange is enough safe. Those are very good exchange and I used more two exchange bitfinex and bithumb.
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January 24, 2020, 11:27:29 PM
 #47

Bittrex and Poloniex, a lot of memories with this exchange especially in 2017, the first time I learned trading using this exchange. Then Binance began to dominate. We must also adjust to maximize the take profit opportunities. Besides these three exchanges, I often use Kucoin and Okex. Bounty projects that can penetrate these exchanges usually have good potential and can form a good market capacity. If not in an emergency, then never bet your funds on a less trusted exchange, your funds could be stuck or taken away by fraudsters.
I’m still using poloniex and so far it is still good but since Binance becomes more active people shift on this exchange easily. I’m with Okex as well and this become my second home as a trader aside from Binance. I agree that those new projects who are able to list on the top exchanges usually succeed on their goals, new projects should aim for this.

Bittrex still is one of the best exchanges I have tried, they do have a new one which is for the asean market. The new exchange with native coins are making bittrex not so attractive anymore but its still feels good to have them around. They are the old ones that didn't scam by exiting or stage their exchange being hacked.

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January 24, 2020, 11:40:38 PM
 #48

The fact that you list OKex and Huobi on here, even though they are known to participate in wash trading shows that you have no interest in providing reliable information to your readers.

I highly suggest that anybody looking for an alternative to Binance actually check the exchange transparency report, where you can see which exchanges artificially inflate their volume to lure in users;

https://www.bti.live/reports-april2019/

Also, I'd also take a look on CoinGecko at the volumes for specific altcoins you intend to trade, since few exchanges offer good altcoin liquidity.
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January 25, 2020, 03:58:38 PM
 #49

There is a reason why people prefer Binance and rate it the best spot exchange in the space, the liquidity and volume are two great thing an exchange meed to be leading its space, how many of these exchanges listed above has the liquidity and volume depth of Binance may few for some coins. Most of these exchange will continue to be a second fiddle to Binance
Binance just like bitcoin is the king of exchanges and indeed it stands out from the crowd because of its great volume of coins and liquidity. Binance is trusted by maximum investors and the other exchanges such as bithumb, bitfinex are also being used but as a second priority. Binance offers easy transactions and people find it easy to use. Moreover, it does not enlist scam projects or coins.

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January 25, 2020, 04:00:29 PM
 #50

there are other good exchanges as well. But the important thing for me is the volume of the exchange platform. volumes are usually higher in binance platform comparing to these ones.
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January 25, 2020, 04:08:14 PM
 #51

The biggest competitor to Binance is Coinbase, so why Coinbase is not on the list? Until now, it was one of the few exchanges where you could buy Bitcoins using your credit card. They came first with Tezos staking, they came with custodial services and services for big institutional investors. Do not forget about Coinbase, it is a big player in the game. What have you hear about Bittrex in last few months?  Cheesy

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January 25, 2020, 04:16:05 PM
 #52

I don't know why but none of the listed platform comes closer to binance for me.

Because i practically use binance for almost all transactions, if i use other exchange to sell my profits to btc or eth
i come back to binance and convert to fiat, then withdraw to my bank account.

Binance is in a league of its own, no exchange at the moment compares

My ample opinion.
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January 25, 2020, 04:34:16 PM
 #53

Not guarantee with bigger and famous exchange market could get much profit, depend which one coin invested and trade look potential or not, I ever lost much money with investing shit coin listed on Binance and until four months my altcoin assets keep with lower price and look give up for seeing my altcoin can back to the same price before.
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January 25, 2020, 04:38:27 PM
 #54

All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
True, all exchanges clearly have risks, but for large and well-known exchanges will always give the best to its users, even though they can also change their minds in a bad direction.
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January 25, 2020, 05:11:11 PM
 #55

I do not really get why you do not like Binance and find alternatives for it, but still. I agree with your list except one position - Coinfalcon is a no-name Exchange which should be replaced by Coinbase.
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January 25, 2020, 05:14:30 PM
 #56

Okex, Gate, Houbi are actually very good. I think Bithumb and bitfinex should be on the list anyways.
All of the exchanges mentioned on that topic are on average good friends, only they have different ranks in several sites, and I personally also often use all the exchanges you mentioned.
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January 25, 2020, 05:56:45 PM
 #57

All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
True, all exchanges clearly have risks, but for large and well-known exchanges will always give the best to its users, even though they can also change their minds in a bad direction.

Yes i also agree that all centralized exchange platforms, even binance bittrex etc are not totally safe. but unfortunately there is not a useful decentralized exchange at the moment so we have to use these ones.
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January 25, 2020, 06:02:22 PM
 #58

Your list exchanges are good but I will prefer Kucoin, Bittrex, Okex and maybe gate.io. These exchanges are very good and have got prospect. I am expecting them to be at the top in then near future.

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January 25, 2020, 08:28:13 PM
 #59

Undoubtedly, binance is the best exchange of all other. Of all the exchanges, I like kucoin most. Kucoin exchange is my favourite exchange. Because kucoin have  real trading volume, good security, low withdraw fee and lots of interesting coins.    
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January 26, 2020, 01:26:56 AM
 #60

Gate.io is good as an alternative to Binance. If seen from the existing IEO performance, the profit that can be obtained from following the IEO organized by gate.io is also large. There are many alternative exchangers whose volume is large but in my opinion, currently Binance is still a favorite of many people and projects for listing tokens.

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