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Author Topic: What is the best crypto exchange?  (Read 1475 times)
choechristian00
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November 11, 2020, 09:04:31 AM
 #121

If You are searching for crypto trading platforms, there are many cryptocurrency exchange sites available but you have to weigh some of the important factors before sleeting it. but choosing the right one is often difficult and demanding as you need to make a profit. don't get into the incorrect platform that leads to future effort failure and waste. you therefore have to select the right platform that meets your criteria for trading.

You need to decide whether your trading is long-term or just frequent changes in regular elements for better options. The correct platform can assist users to safely and conveniently purchase, sell, and exchange their cryptocurrencies. Koinbazar enables users to purchase, sell , and trade their properties as one of the best centralised p2p cryptocurrency exchange platforms. And it also comes with a crypto wallet that helps to store long-term or regular trading of your cryptocurrencies.

Relevant aspects of cryptocurrency or bitcoin trading to Search for

  • AML or KYC:
  • Reputation of the crypto exchange platform:
  • Security aspects:
  • Available in your country:
  • Trading fees:
  • Availability of cryptocurrency:

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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November 11, 2020, 11:18:37 AM
 #122

FTX is the best for futures trading, good liquidity and works great. here is a link for 10% off the fees https://ftx.com/#a=tenPercentOFF
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November 11, 2020, 12:40:26 PM
 #123

You wrote about Changelly, but you didn't mention Changelly Pro. Since this Changelly has been updated to Changelly Pro. I believe that this new cryptocurrency exchange is very promising right now and has every chance to take the top 10 best cryptocurrency exchanges. Detailed information about this exchange can be found here.

There is a good article about changelly crypto exchange on cryptototem. Everything is detailed and understandable, just right for those who start using this platform for the first time. Of course, there will be little new to experienced traders. I don't think changelly claims to be the best exchange, but it will still find its contingent. What do experienced traders think?


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November 11, 2020, 08:07:17 PM
 #124

You have resulted in a solid but fairly standard set of crypto exchanges.
Personally, I think that the best crypto exchanges for beginners are those where you can create a demo account, where they can learn how to use exchange instruments, as well as master the basic principles of trading.
However, not all platforms have this functionality.
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November 12, 2020, 03:41:56 PM
 #125

In my opinion, these exchanges are good.
Coinbase:
The most renowned cryptocurrency exchange in the US, Coinbase, has fully secured various altcoin choices. It comes with a rudimentary user interface perfect for rookies and very high liquidity. Although it may have high fees without the premium version, and users may not have access to wallet key control, the wallets are custodial and insured.

Cash App:
Cash App is a money transfer system that allows exchanges between peers, like Zelle or Venmo, while having the aptitude of withdrawing Bitcoin or cryptocurrency to individual wallets. Not to mention, the simplistic user interface works well for beginners. Keep in mind that 3% of the currency charged during transfer through a linked credit card. Investment in stocks, ETFs, and cryptocurrency made as well.

Binance:
Offering lower fees than other most used exchanges, Binance is the optimal choice when it comes to altcoin trading. It currently holds the ranking for the most trading space done globally, causing a good amount of trading exchanges taking place on a daily basis.

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November 17, 2020, 04:37:40 AM
 #126

Binance is having exceptionally low volume and is giving indications of delivery from the supervisory group, they appear to have no ongoing occasions. It would appear that they are going to relinquish it and make something new. Binance trade is a private undertaking and just CZ is the first. On the off chance that trick, that would be simple. so individuals should be cautious and part cash into numerous trustworthy trades.

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January 21, 2021, 10:53:24 PM
 #127

So, SimpleSwap provided me with a high exchange rate and convenience fees. I went there on the advice of a friend and did not regret it. At the moment I only use Binance, SimpleSwap, and Coinbase. Highly recommended!
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January 22, 2021, 04:32:43 AM
 #128

Coinbase is the best exchange.
Almost everyone said that changelly is a scam exchange.
Bittrex last year could not have a bitlicence in newyork.
Binance needs transparency , noone know where this exchange is realy based .
^ CEX!! I don't trust a single one. DEX is still the best crypto exchange I think. My trust in CEX has waned since the high number of hacking cases on their platforms.

Many DEXs currently have real liquidity and are not manipulated like most CEX. DEX is still the best in my opinion and irreplaceable.
Depends on which dex, there might be some exploit aswell within dex system we don't know for sure. CEX isn't that bad, maybe it's centralized and only good for exchange money but not for saving money long term but if you ever try to use CEX and intent to keep your money there for a long time, be sure to choose the one with guaranteed reimbursement when hacking occurs. You can still work it out to make using cex secure and safe as possible.

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January 22, 2021, 08:04:35 PM
 #129

So, SimpleSwap provided me with a high exchange rate and convenience fees. I went there on the advice of a friend and did not regret it. At the moment I only use Binance, SimpleSwap, and Coinbase. Highly recommended!
Another swap that I've heard that someone says it's good and I'm not confident of using it if it's coming from a newbie that just posted about it.

Still, it is best to stick with the other exchanges you've mentioned.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 22, 2021, 10:55:31 PM
 #130

So, SimpleSwap provided me with a high exchange rate and convenience fees. I went there on the advice of a friend and did not regret it. At the moment I only use Binance, SimpleSwap, and Coinbase. Highly recommended!
Another swap that I've heard that someone says it's good and I'm not confident of using it if it's coming from a newbie that just posted about it.

Still, it is best to stick with the other exchanges you've mentioned.

Binance and Coinbase we don't have to doubt it, because the reputation of these two exchanges is very good,
their security is very secure and they are known for the home of good projects,
look!, a lot of tokens are delisted by Binance simply because the volume is reduced and the project is dead,
of course Binance has a really wise way, and I love it too. yes Binance is the number one exchange

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January 23, 2021, 07:08:50 AM
 #131

Crypto is the future currency of the world because it is so convenient and secured to trade. I am a regular trader of Bitcoin and other cryptos over a period of time. I trade and sell on different platforms and websites but TimeX is my favorite one. It is a really fast, safe, convenient crypto trading platform with maximum security.
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January 23, 2021, 09:16:37 AM
 #132

  • Bittrex

Except for this one I could agree with your provided list, bittrex has a very long history of issues since 2017-2018 and they just continue creating problems for their users, just searching for Bittrex whether on this section or on "Exchanges" section you can find many people that had issues with this exchange which is mostly about KYC.

You could say they have a tendency towards asking their users KYC whenever they want based on nothing, and I don't even think it's random and I think it's based on how much money you got on your balance, the more you got on your Bittrex account the more chance of them asking you for KYC or in worse cases even source of fund.
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January 23, 2021, 01:18:01 PM
 #133

There is no best exchange in my opinion, whether they're a DEX or a CEX they will always possess a flaw that can hinder them from being called "The Best Exchange" - instead people should search for an exchange that fits their preference, list some qualities you're looking for in an exchange and start comparing, now If nothing checks all your boxes then you might need to choose which comes the closest, looking for the best exchange will only complicate things for you and you're probably going to take forever searching for it because It doesn't exist in the first place.

These people under your replies are just stating their preferences, they're not giving you the names of the best exchanges. I was also looking for an exchange to do my trades last year, and I was proud of myself to find a place that I prefer instead of what people recommended me and calling them "The Best Exchange", that's pure BS.

Then I started trading with this pair https://trade.kucoin.com/ETH-BTC immediately, and yes I chose KuCoin out of all of the options I had, my trades aren't all good but part of it is my fault anyways and I am still having a decent experience with KuCoin's trading services which are obviously meeting most of my expectations.

My advice? YOUR INVESTMENTS, YOUR DECISIONS.
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January 23, 2021, 10:10:14 PM
 #134

So, SimpleSwap provided me with a high exchange rate and convenience fees. I went there on the advice of a friend and did not regret it. At the moment I only use Binance, SimpleSwap, and Coinbase. Highly recommended!
Another swap that I've heard that someone says it's good and I'm not confident of using it if it's coming from a newbie that just posted about it.

Still, it is best to stick with the other exchanges you've mentioned.

Binance and Coinbase we don't have to doubt it, because the reputation of these two exchanges is very good,
their security is very secure and they are known for the home of good projects,
look!, a lot of tokens are delisted by Binance simply because the volume is reduced and the project is dead,
of course Binance has a really wise way, and I love it too. yes Binance is the number one exchange
No question with Binance and Coinbase as prominent exchanges. But lately, I've been reading bad experiences through Coinbase. Orders that have been confirmed never get through and the traders receiving emails that those trades were processed unsuccessfully.

But with stand against the other unknown exchanges, we'll surely choose these established ones and Binance is one of the top choice and next is Coinbase.



.
.BIG WINNER!.
[15.00000000 BTC]


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Shasha80
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January 23, 2021, 10:48:26 PM
 #135

In my opinion, it is not too difficult to find out the best crypto exchange, there are many ways we can do it. The easiest way is by typing on
a Google searching engine with the keyword "best crypto exchange" or "best crypto trading platforms. With this, it is easier for newbies to get
best crypto exchanges, Most importantly, my advice is not to choose crypto exchanges that are unpopular and have a bad reputation. I highly
recommend you to use Binance exchange.

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TimeTeller
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January 23, 2021, 11:13:56 PM
 #136

In my opinion, it is not too difficult to find out the best crypto exchange, there are many ways we can do it. The easiest way is by typing on
a Google searching engine with the keyword "best crypto exchange" or "best crypto trading platforms. With this, it is easier for newbies to get
best crypto exchanges, Most importantly, my advice is not to choose crypto exchanges that are unpopular and have a bad reputation. I highly
recommend you to use Binance exchange.

And if a user comes to know about cmc or coingecko, he can always check the rankings of these crypto-exchanges.

https://coinmarketcap.com/rankings/exchanges/
https://www.coingecko.com/en/exchanges

And without surprise here, binance is top 1 in spot exchanges for both sites.
But if you want to explore with other exchanges, better look for at least in top 20.
At least you know, they have relatively good trading volume.
But if you are newbie, I will trust Binance as they have insurance in place also for your funds.
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January 24, 2021, 05:53:20 PM
 #137

On Binance, it becomes interesting not only to trade today, but also to bet on the cryptocurrencies that are available. I am confident in Binance as well as in my cryptocurrency wallets, as cryptocurrency exchanges offer multi-layered protection that confirms any activity with an email and phone number, and staking on Binance is safe.
Issa56
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January 25, 2021, 04:39:39 PM
 #138

It has not been long I started trading but from the little experience am having in trading I always use binance and kucoin and I think those two exchanges are not bad. I will personally recommend binance as one of the best exchange, and also kucoin is also a nice exchange which is easy to use and all your funds are secure and save, easy to use, easy withdrawal and all the coins there are coins with future with you can make your profit from after buying.

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gina1980
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January 25, 2021, 04:51:56 PM
 #139

According to the post "Here is the best cryptocurrency exchange that can be used confidently,"

But.....

Hackers breach StatCounter to hijack Bitcoin transactions on Gate.io exchange
https://www.zdnet.com/article/hackers-breach-statcounter-to-hijack-bitcoin-transactions-on-gate-io-exchange/

Hackers Steal $40 Million Worth of Bitcoin From Binance Exchange
https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin

Some exchanges listed there as top may have never been hacked yet but you can never use any of them confidently. They probably upgrade their security every now and then but they remain as a target for hackers. They are all centralized exchanges and they are like sitting ducks waiting to be shot.


Everyone should check out decentralized exchanges or P2P trading platforms.

absolutely p2p escrow exchanges are far better in terms of security , most of these exchanges mentioned are vulnerable and prone to hackers
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January 26, 2021, 02:31:44 PM
 #140

Binance is the best crypto exchange

Why?

1. Binance has the lowest trading fees
2. Binance has the largest trading volumes
3. Binance has the most trading features (perpetual, futures, margin trading, spot trading P2P trading, OTC trading)
4. Binance has the most additional products (saving, staking etc)
5. Binance support most fiats
6. Binance support most cryptos
7. Binance has great liquidity in most trading pairs and low slippage

Use this sign up ID: NICAEMSQ for -20% in commission from Binance

Binance is best exchange platform for trading and there have many altcoin as trading or investing for future investment, I think many trader now use Binance and worth if you wanna get more profit because almost coin listing on Binance become profitable, but you have new update with Binance coin listing because give higher price before one day before trading.

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