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Author Topic: What's your best exchanger?  (Read 206 times)
anton.potemkin (OP)
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February 07, 2020, 08:04:12 AM
 #1

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh
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February 07, 2020, 08:09:51 AM
 #2

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh

Whenever in doubt, check https://bitcoin.org or in this case https://bitcoin.org/en/exchanges  Wink

Most may recommend Binance, especially if you also play with altcoins.
I also like Bitstamp, Bittrex and some others, but these will ask for KYC documents.

You should have said if you exchange fiat, Bitcoin, major altcoins, lesser known altcoins...


Edit: about "easy", well, there's a learning curve.. but I am sure you'll find tutorials if you search a little.

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February 07, 2020, 08:25:12 AM
 #3

You first need to know what it is that you want to trade, then check if that coin/token is listed on the exchange you are interested in. You can use Coinmarketcap to see which exchanges have listed which coins/tokens.
All those NeuroticFish mentioned are good exchanges.

But if you are dealing with ERC-20 tokens, bounties, stuff like that, you could look at ForkDelta, Idex or other decentralized options, like Bisq.

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February 07, 2020, 09:23:04 AM
 #4

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh


A good exchange is a lot of you only choose which one you think is suitable https://coinmarketcap.com/rankings/exchanges/ because everyone has different opinions about the best exchange.
I want to ask if you want to start a new trade or want to trade coins / tokens that you have?

R


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February 07, 2020, 09:47:55 AM
 #5

Hi,
The absolute best exchange does not exist, it depends on what you have to do and what you want to trade.
I suggest you use the "big" as the main exchange (like Kraken or Binance) and move crypto into another exchange only for a trade-off.

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February 07, 2020, 09:50:15 AM
 #6

You can check the list here: https://bitcointalk.org/index.php?topic=5218464.msg53632740#msg53632740

Also you can go to Marketplace session in Bitcointalk there you will find discussion on exchanges: https://bitcointalk.org/index.php?board=5.0

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February 07, 2020, 10:00:14 AM
 #7

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh


I think everyone here will have different response on this inquiry. Best exchange is the market where your comfortable to use with and even the benefits of exchange favor your needs. Usually some will say they like for example Binance, some uses Kucoin, and other's prefer bitmex. Depends on the coin you wanted to trade or the fees youre looking into. We have different perspective in trading like me. I like market with easy access and have stable volume and liquidity. Binance I use this for different margin trading and I like the set up of trading when I am using bitmex platform. It's totally up to you mate.



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February 07, 2020, 10:30:59 AM
 #8

...
Whenever in doubt, check https://bitcoin.org or in this case https://bitcoin.org/en/exchanges  Wink

Most may recommend Binance, especially if you also play with altcoins.
I also like Bitstamp, Bittrex and some others, but these will ask for KYC documents.

You should have said if you exchange fiat, Bitcoin, major altcoins, lesser known altcoins...


Edit: about "easy", well, there's a learning curve.. but I am sure you'll find tutorials if you search a little.

Thank you for your reply. I will definitely read your's link. For new users Binance doesn't ask documents for KYC?
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February 07, 2020, 10:53:12 AM
Last edit: February 07, 2020, 11:04:36 AM by Coolcryptovator
 #9

For new users Binance doesn't ask documents for KYC?
They will not forced you unless you want to increase your withdrawal limits. Per day 2 btc withdrawal limits for non verified users on Binance. I think its reasonable amount for new traders and small traders like us. If your intention is for trading then Binance would be better for you since likely you are not advance trader. Or if you just wondering to exchange instantly then you may take a look on this thread for instant exchanges.

Just an advise, before trade on any exchange please do your own diligence. Search as much as possible, try to read their reviews on this forum and you may search also Google to acquire more knowledge. Because everyone here will suggest their favourite exchange. So prevention is better than cure.

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February 07, 2020, 11:22:46 AM
 #10

All exchanges have pros and cons nothing is best in this world. So do your own research and try to find out some reputable exchange that fulfills all your trading requirements. For your satisfaction, you can create a small amount of order to know whether the platform is legit or not.

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February 07, 2020, 12:58:28 PM
Last edit: February 08, 2020, 07:05:40 AM by CarnagexD
 #11

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh

There is no BEST exchanger that satisfies everyone's necessities such as low transactions fees and have a good market trades and volume. But still, there are better exchanges and trading platform such as Binance and Bitforex which has both good volume and trades. You can find what suits your satisfaction by going in Coinmarketcap.com and sort the exchanges with based on either Liquidity, Adjusted Volume, or Reported Volume.

For me the best exchanger that fits my necessities is Coins.PH - an exclusive wallet that offers both exchanging through Bitcoin, Ethereum, Bitcoin Cash, and Ripple, and ofcourse the main Philippine Peso fiat. For me it was an exchange as you can trade in it yet not the same as most trading platform offers.

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February 07, 2020, 01:30:37 PM
 #12

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh

May I know, where do you live?

I will be suggesting to you to choose reputable exchange in your country, I mean an exchange who made by someone which come from in your country. Because you will be easy to make a deposit or to withdraw your fund. Or you can also ask in your local board of this forum, seems like it will be help you.
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February 07, 2020, 02:22:53 PM
 #13

Hello. Can anybody introduce me easy and best exchanger in crypto? Huh

Actually there are many exchange already in the market the question is what coin you want to buy?

If bitcoin only then much better to use your local exchange, since you never say your nationality it will hard for me to give you suggestions for local exchange.
If you are only looking in popular coins then binance and coinbase will be the best option for you.

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February 07, 2020, 02:52:00 PM
 #14

You should have said if you exchange fiat, Bitcoin, major altcoins, lesser known altcoins...
I agree, it would have been way more helpful to the readers here if he'd included that info, because it makes all the difference when you're recommending an exchange.  It would also help to know which country OP is in, though I'd understand if he didn't want to disclose that info.

I think Binance is still king these days, though I haven't used them in months, not since they reorganized their US service and excluded a bunch of states.  But whether you're trading altcoins or just bitcoin, they're probably the best overall--and one of the most trusted, too.  Kucoin would get my "next best" vote if Binance isn't an option.

If you're just looking to buy bitcoin with fiat, Coinbase would probably be a good option if they're available in your country.  I'd advise staying away from the lesser-known exchanges altogether and sticking to the bigger, more well-known ones.  There have been so many scam exchanges, hacks, and everything else that you have to be really careful.

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February 07, 2020, 03:47:33 PM
 #15

If you're just looking to buy bitcoin with fiat, Coinbase would probably be a good option if they're available in your country.  I'd advise staying away from the lesser-known exchanges altogether and sticking to the bigger, more well-known ones.  There have been so many scam exchanges, hacks, and everything else that you have to be really careful.
Coinbase isn't available in too many countries so people from developing countries might have hard time while converting their fiat into cryptos for the first time.

Bisq can be an option for someone who is looking for a decentralized p2p trading method so they can do trades even if their countries have banking restrictions.But I always suggest LBC for someone who is really new to buying cryptos where chances of losing money are less but stay away from hacked accounts is the real task for anyone.

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February 07, 2020, 09:45:37 PM
 #16

You should have said if you exchange fiat, Bitcoin, major altcoins, lesser known altcoins...
I agree, it would have been way more helpful to the readers here if he'd included that info, because it makes all the difference when you're recommending an exchange.  It would also help to know which country OP is in, though I'd understand if he didn't want to disclose that info.

I think Binance is still king these days, though I haven't used them in months, not since they reorganized their US service and excluded a bunch of states.  But whether you're trading altcoins or just bitcoin, they're probably the best overall--and one of the most trusted, too.  Kucoin would get my "next best" vote if Binance isn't an option.

If you're just looking to buy bitcoin with fiat, Coinbase would probably be a good option if they're available in your country.  I'd advise staying away from the lesser-known exchanges altogether and sticking to the bigger, more well-known ones.  There have been so many scam exchanges, hacks, and everything else that you have to be really careful.

Right!

It should really be elaborated when it comes to these kind of questions yet its really broad and time consuming on what is totally being asked.
As mentioned when we do ask about exchangers then it would be on the choices on CEX, instant exchangers and the question either would have those
fiat/crypto transactions or direct with crypto/crypto.When it comes to suggestion then theres no doubt with Binance and with instant exchange
then i'll stick with Flyp.me.For p2p then consider LBC but we should be careful at all cost.

R


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February 08, 2020, 06:29:23 PM
 #17

I would suggest Binance exchange as the first but it depends on your preferences. If you are looking for good amount of exchange, then you have to complete KYC at the first place. Or if you don't want KYC, you can try the DEX like etherdelta or no registration exchanges.
If you are looking for buying btc, eth, ltc with paypal, perfect money or this kind of dollar, you can.try Bestchange
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February 08, 2020, 09:32:28 PM
 #18

For new users Binance doesn't ask documents for KYC?
They ask it if you want to upgrade your account but you have the choice not to comply and your account will be limited. 2 BTC per day is the maximum withdrawal for unverified accounts and that's already a lot for a trader that isn't a whale, correct?
But if you want to pass KYC, you will be allowed up to 100 BTC limit per day.

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February 09, 2020, 01:30:24 AM
 #19

It obviously depends on the specific scenario and needs of the user.

I'd say in general, Binance is your best bet because of the fact that it has a lot of liquid markets, a nice selection of coins, and you can get a 2 BTC limit without any verification which Poloniex and bittrex used to be known for but have since removed level 0 accounts.

However, if your needs are derivatives trading, I'd say go with Deribit if you are a small time trader since withdrawals are instant and fees and liquidity are reasonable, but if you are a big time trader, go with Bitmex.

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