My top 7 exchanges for trading

[The Sceptical Chymist]

Kraken has long been one of the best exchanges, I have used Kraken as my favorite exchange in 2017 and I feel very comfortable trading there.

I can't stand Kraken, as they don't offer a lot of altcoins and have a shitty layout as far as ease of use goes.  Even exchanges like Yobit have better-looking websites than Kraken does, but I suppose that's just a matter of taste.

And man, Poloniex used to be one of the hottest exchanges out there--that should tell you how fickle people's opinions are as far as exchanges go  Nowadays you usually see people recommending Binance above all and see very little mention of Poloniex.  But as a US-based person, options are kind of limited these days if you don't want to do KYC.

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[carlisle1]

I don't think Coinbase and Kucoin deserve those places. I don't use Coinbase for a long time because of high fees and bad support, everytime I see the issues against Coinbase it's caused by how bad they handle the support and the worst case is they ignore you.

just because you don't use Coinbase meaning they dont deserve that place?is that a joke?yeah coinbase is facing issues but just like other exchange this is normal just like there are still users that trusting Yobit (the worst exchange we ever had) so why not coinbase?

I don't have that much word for KuCoin, I just don't like how KuCoin works(it's probably just my opinion tho).

having your opinion is not enough to say they have not doing any good,and they still deserve to be on top exchange compared to others,and also why not name 7 of you best exchanges?so we can asses if yours are best or like this one.

[mbakruroh]

You have many exchanges but I think etherflyer is the best exchanges, I am bounty hunter and most income came and switch in that place. People have same opinion about exchanges, as long they have many coin and speed transaction always favorite. Mostly I join exchanges with simple KYC and good volume, about fees is relative. Top exchanges is Binance and altrnative ( for me ) is yobit and etherflyer.

[ufaiz50]

Hi Everyone!

I've used a lot of crypto exchanges over the last 8 years or so. I wanted to share my top 7 exchanges going into 2020.

I would love to hear what everyone here thinks and see if I'm missing any exchange from my list.

Check it out and let me know.

The Top 7 Cryptocurrency Exchanges in 2020

Looking forward to hearing your thoughts!

I agree, with the rate of the exchanger. one more thing you need to add OKEX, coinbene and some other exchangers if the minimum standard is poloniex. considering poloniex, in 2016 2017 is the golden age of this exchager competing with bittrex.

[dragon695]

Great piece of information I have used Houbi, Coinbase, bittrex as well as Binance and out of all these I had positive experience with most of them with Binance being the best of all followed by Coinbase. These trading sites are great for all level of traders let it be beginners or experts as there are lot of learning curve and earning potentials.

I think Binance has become a very popular exchange for everyone and surely this exchange will still be the number one exchange in the long run. In addition, Binance has a lot of useful tools for investors and I have made a lot of profit from here and for me this exchange is like a friend. Personally, I will continue to use Binance and will participate in all new IEO projects proposed by this exchange.

[Sanitough]

Good list of top exchanges, but personally I am not actively using Poloniex and Bittrex now, the old days are gone where they are still the most popular exchanges in the market, now it's time for the new one to take over the market, I am using Binance most of the time, while Kucoin occasionally.

[Blue_oxen]

Good list of top exchanges, but personally I am not actively using Poloniex and Bittrex now, the old days are gone where they are still the most popular exchanges in the market, now it's time for the new one to take over the market, I am using Binance most of the time, while Kucoin occasionally.

Of course these exchanges are outdated and trading volume here is limited so I don't feel interested in trading here. I think big exchanges like Huobi, BInance, Okex are considered as the 3 best exchanges in this market and a lot of good coins for you to consider investing. However, be careful with Binance because this exchange has been hacked in the past and makes a lot of investors nervous.s.

[kaya11]

The Top 7 Cryptocurrency Exchanges in 2020

There is no need to be told about exchanges such as: Binance, KuCoin, Bittrex, if you have experienced it and have done it in trading.

If I think of something about the members here, maybe 80% already use the trading site you mentioned, In my opinion they are trading sites that can be trusted and responsible.

If you have ideas and experiences on different other exchanges then share it too. It is good to share because some newbies out there are searching for exchanges and want to trade their fiat to crypto. In my own experience I only traded in Bittrex and Kucoin, but I never have tried Binance. I have to quit trading few years back when I loss many, really don't have the catch on it and it makes me dizzy. So I just have to  buy coins and hold it for long terms.

[adaseb]

I think the type of exchange you use matters what type of trading you do.

If you are a day-trader/scalper then you should use a derivates/futures platform like Bitmex due to the low fees and high leverage.

If you are a trader who mostly trades alt-coins then you should use an exchange like Binance or Bitfinex.

If you are new to bitcoin and want to hold long term and not be concerned about security then use an exchange like Gemini/Coinbase. Sure they got large fees but you will only buy it once and sell it once so it shouldn't be an issue.

[Ailurophile]

I only use what is best for my crypto I would look for the best exchange that have my alt-coin and is actively trading my alt.
I don't really care if it is centralized or decentralized if I would trade my crypto I would use what would be the best to have the highest price.
Every exchange have their own cons and pros so we couldn't really say which one is the best or top exchange.

[Negotiation]

I only use what is best for my crypto I would look for the best exchange that have my alt-coin and is actively trading my alt.
I don't really care if it is centralized or decentralized if I would trade my crypto I would use what would be the best to have the highest price.
Every exchange have their own cons and pros so we couldn't really say which one is the best or top exchange.

Yes we always use a good exchange site that is more popular and reliable in the market. I agree with your opinion but the best in the decentralized site for exchange is Binance I think it puts everyone on top.

[Jeremy Franklin]

What is the purpose of trading on 7 different exchanges? Makes no sense to me if you're not using spreads. I am fine with trading on one exchange, which completely fullfils my needs. My personal favourite is obviously Binance in terms of trading experience. They are also secure, have a good and fast customer service and a reliable management team. What else do you need?

[Sadlife]

I haven't tried some of the exchanges in the list but some of them im familiar with, and i disagree about Binance and coinbase as one on the list of best exchanges. Because they were recently subject to market manipulation resulting for the BTC price to dump and also Binance has some irregular trades maybe bots and disabling withdrawal due to vpn change.

[nutella_11]

When it comes to the best cryptocurrency trading platforms, I need to mention about CoinDeal. This is definitely my favourite platform. It's pretty young but very rapidly-developing. I'm sure that it's safe and reliable. Now you can also become its ambassador, check out this article https://medium.com/coindeal/promote-the-cryptocurrencies-world-become-a-coindeal-country-ambassador-b25c3860bc2f

[20kevin20]

What is the purpose of trading on 7 different exchanges? Makes no sense to me if you're not using spreads. I am fine with trading on one exchange, which completely fullfils my needs. My personal favourite is obviously Binance in terms of trading experience. They are also secure, have a good and fast customer service and a reliable management team.

You can use different exchanges if you need to trade a coin you can't find on the exchange you usually trade on. Example: Binance does not have DigiByte, and I have personally supported DGB for a while. If I wanted to buy it, I will have to open an account on another exchange.

What else do you need?

A decentralized trustless exchange with high volume and a good number of coins. That's all I'm asking for.

[cryptoaddictchie]

Good list of top exchanges, but personally I am not actively using Poloniex and Bittrex now, the old days are gone where they are still the most popular exchanges in the market, now it's time for the new one to take over the market, I am using Binance most of the time, while Kucoin occasionally.

Same for me, I never created account with those two exchanges too. Only two exchanges Im using on centralized and obviously its Binance and Kucoin. I really like how these two exchange works. Before Im fond using hitbtc but they just left behind in terms of progress with these two.

What is the purpose of trading on 7 different exchanges? Makes no sense to me if you're not using spreads. I am fine with trading on one exchange, which completely fullfils my needs.

Not all exchange have same benefits and also other people have preference, some wanted some technical wise platform or more parameter usage in trading. Im pretty sure, thats one of the reason and also, trading exhanges have different fees and transaction speed which also a factor to consider. The list is good OP.

[ice098]

I haven't tried some of the exchanges in the list but some of them im familiar with, and i disagree about Binance and coinbase as one on the list of best exchanges. Because they were recently subject to market manipulation resulting for the BTC price to dump and also Binance has some irregular trades maybe bots and disabling withdrawal due to vpn change.

Last month I had issues with binance about withdrawal, but it went promt upon attaining their customer like me. Though the issue was somewhat disturbing to me lastly, but that doesn't failed me with my purpose. About the concerns on irregularities and possible bots, I guess it needs proper confirmation and ivestigations because we might fall under non proven accusations.

[pawanjain]

Binance has become the obvious choice of most crypto traders these days. It has become so much convenient that no other exchange is required as a secondary option to trade.
Most of the early traders would have used most of the exchanges you listed.
I remember using Bittrex and Poloniex back in those days. In fact Poloniex was the first exchange I used and then later stopped when things went in the wrong direction.
Anyway, it has become easier now to redirect new traders to the best exchanges these days since Binance, Kucoin and Huobi are the most reputable exchanges left.

[AakZaki]

The Top 7 Cryptocurrency Exchanges in 2020

7 The exchange that you mentioned in the article deserves to be said to be the best, but I myself only use two exchanges between the ones you mentioned namely:
 
Binance
IMO, this Binance Exchange is the best, its various features impressed me, both in terms of appearance, futures trading, margin trading, large trading volume and of course a large community.

Poloniex
This Poloniex exchange still makes me feel at home trading, which I like the most in trading margin because I think there is simpler.  Because it was the exchange that made me the first time to trade margin.

And the rest of the other five exchanges are only made in reserve if I get a coin that can be arbitrated to another exchange.
In connection with my country there is also an exchange called Indodax, of course I did not go through it for my exchange list.

Indodax
Indodax exchange, IMO, the price of BTC or Altcoin is sometimes slow up and down.  in the sense that the price of Crypto is cheaper or more expensive than other large exchanges, so that makes me buy and sell it at large exchanges like Binance and Poloniex.

[koang]

Hi Everyone!

The Top 7 Cryptocurrency Exchanges in 2020

Some basic features such as geographical restrictions, transaction costs, security, ease of use and credibility are the main
factors that I consider before using Cryptocurrency Exchange.
And from the 7 exchanges that you mentioned in the article, so far I only use, Binance, Bittrex, Kucoin and Poloniex.
Coinbase Pro and Kraken do not match the type of trading I do