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Author Topic: What is the best crypto exchange?  (Read 1475 times)
BuNga_cute
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April 25, 2020, 01:29:49 AM
 #81

One of the most important factors in trading is to choose a good trading place. And of the many exchanges as trading places, only a few
have real volume. So we need to be careful in choosing the exchanges that will be used. In my opinion exchanges are the best place to
trade is binance, okex, kraken, kucoin and huobi. The five exchanges mentioned are not only popular, but they are owned real volume.
So it is very good as a trading place.

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April 25, 2020, 06:13:54 AM
 #82

Talking with the best crypto exchange based on my opinion I think exchange have future trading platform, I think spot trading need time for getting profit and only available when bitcoin or altcoin have going up, how ever with spot trading during bitcoin or altcoin in lower price impossible to earn profit but with future trading we can get it.
the most famous futures trading platform currently belongs to binance, and that makes it one of the most popular exchanges today. In fact, when looking at social media, there is always binance from every screenshot sent by traders players. Well, I also admit that binance is one of the best exchanges right now.

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April 25, 2020, 08:55:30 AM
 #83

I don’t see how it’s hard to find a good exchange. There is Google and you can make use of Google to search for the best exchanges , there are already lots of articles that talks about this and to be sincere I’m always surprised when I see newbies saying that they invested on an exchange and it turned out to be a scam exchange.

Is it that they don’t do their research first before they start making use of an exchange? Sometimes they will mention and exchange that I have never heard or seen all my life lol, and I wonder how they came across those kind of exchanges. If you search for the best cryptocurrency exchanges on Google, the search will bring up the most popular exchange such as Coinbase, Binance and others. People shouldn’t be making these mistakes.

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VampKing
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April 25, 2020, 01:17:56 PM
 #84

Actually what is best crypto exchange depends on the user. I mean are you trying to hold your cypto or trade. As you said Coinbase for beginners. Bittrex, Binance, Bithumb, Hitbtc these are some exchanges for advanced trading. KYC isn't a big deal if you are clean. There are some exchanges that grow overnight & indulge with scam. I also got scammed by a exchange called "Cryptoa exchange". That doesn't even exist now. So, it's difficult to identify a fake or scam exchange.
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April 25, 2020, 05:15:47 PM
 #85

Crypto exchange is one of the important thing when you are dealing with the cryptocurrency space. Currently, there are over 300+ crypto exchanges exist where most of the exchanges are scams and not having enough liquidity. In this case, selecting the crypto exchange is a bit confusing Huh. So, when you are going to select the crypto exchange, you have to consider some important facts such as exchange reputation, availability, fiat currency availability, KYC requirement, no of altcoin availability, etc. Here is the best cryptocurrency exchange that can be used confidently,
  • Coinbase - best for beginners
  • Cex.io - worldwide support fiat to crypto exchange
  • Binance - altcoin trading
  • Changelly - instant crypto swap
  • Bittrex
  • Kraken
  • Kucoin
  • OKEx
  • Gate.io

If you are looking to find out more details above the list, Check out the best crypto exchange to watch in 2020 where it explains exchange features, fees, and pros and cons.
There are many exchanges at present dealing in crypto trades including the ones you have mentioned so far but its very important for newbies to recognize the legit ones in the market if they want to trade easily as scams have increased these days.The some of the points that you must look for are security factors,popularity of the exchange,volume of the trade,documentation procedures like KYC and most of the coins must be listed over there for ease of trade(excluding shitcoins available in market).The exchange must provide good user expereince in terms of speed,security of users and trading features available.Some of the trusted exchanges are Binance,Coinbase and you can trade on them but always make your decsion wisely by studying the market as per your requirements.

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April 27, 2020, 08:30:02 AM
 #86

Crypto exchange is one of the important thing when you are dealing with the cryptocurrency space. Currently, there are over 300+ crypto exchanges exist where most of the exchanges are scams and not having enough liquidity. In this case, selecting the crypto exchange is a bit confusing Huh. So, when you are going to select the crypto exchange, you have to consider some important facts such as exchange reputation, availability, fiat currency availability, KYC requirement, no of altcoin availability, etc. Here is the best cryptocurrency exchange that can be used confidently,
  • Coinbase - best for beginners
  • Cex.io - worldwide support fiat to crypto exchange
  • Binance - altcoin trading
  • Changelly - instant crypto swap
  • Bittrex
  • Kraken
  • Kucoin
  • OKEx
  • Gate.io

If you are looking to find out more details above the list, Check out the best crypto exchange to watch in 2020 where it explains exchange features, fees, and pros and cons.
There are many exchanges at present dealing in crypto trades including the ones you have mentioned so far but its very important for newbies to recognize the legit ones in the market if they want to trade easily as scams have increased these days.The some of the points that you must look for are security factors,popularity of the exchange,volume of the trade,documentation procedures like KYC and most of the coins must be listed over there for ease of trade(excluding shitcoins available in market).The exchange must provide good user expereince in terms of speed,security of users and trading features available.Some of the trusted exchanges are Binance,Coinbase and you can trade on them but always make your decsion wisely by studying the market as per your requirements.

If we are talking about some bitcoin exchange we have different bias because we already supporting their exchanges. From the previous months in the world of trading most of the time I used is the yobit and the coinbase. In yobit they have one of the most fastest exchange now and also they improve their another features but the problem is they don't have an application that is more convenient into their users most of them does not give a good review on their platform also one of the main problem on using the yobit is their customer service because it takes time and you must need to have a token so they will entertain you and this is not quite good for their users of this kind of quality. In coinbase they have a good exchange aso faster trading but the problem is they don't have candle stick some of us knows more to read the graph of candle sticks than the use of the movement only of the lines. For getting bias ill go for the coinbase for having a good condition of exchanges. Still it's up to you what's on your choice that is suitable for your needs to make more easier exchange.

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April 27, 2020, 11:56:34 AM
 #87

Actually what is best crypto exchange depends on the user. I mean are you trying to hold your cypto or trade. As you said Coinbase for beginners. Bittrex, Binance, Bithumb, Hitbtc these are some exchanges for advanced trading. KYC isn't a big deal if you are clean. There are some exchanges that grow overnight & indulge with scam. I also got scammed by a exchange called "Cryptoa exchange". That doesn't even exist now. So, it's difficult to identify a fake or scam exchange.

That's why it is always a suggestion to the people we shouldn't go to the exchange that doesn't have any volumes and we should be very careful with those exchanges. Exchanges, which have a high reputation will help us to find out the potential coin, many companies will choose low volumes exchanges for IEO and this makes us lose our money. KYC is not a deal, but we should double-check before sending money in any exchange.

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April 27, 2020, 12:05:05 PM
 #88

So far, I can also go with the Binance exchange, and this the first exchange that I used when I started buying and trading different altcoins. Just what like others are saying, we have different tastes when it comes to the cryptocurrency exchange but mostly, we tend to find the cryptocurrency exchange that has a lot of great features and the platform that will secure all of your funds and coins. Actually, I always see new cryptocurrency exchanges on the internet but not all of them are capable of surviving because we know that some of them are scam exchange. For me, I can say that the best cryptocurrency exchange is the exchange that can provide all of the needs and wants of the investors and traders.

Also, in the end, we are the ones who will decide what exchange we will be going to use but always go with the trusted exchange.
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April 27, 2020, 12:33:37 PM
 #89

If you are looking to find out more details above the list, Check out the best crypto exchange to watch in 2020 where it explains exchange features, fees, and pros and cons.

6+ months searching google for best-crypto-exchange 2020, they all sound like copy and paste from other sites and same contents from 2017!!

Still, I visited your site and took me less than 90 seconds to leave even more confused!

By no means free Ad for Kraken, but their support replied even before me click on send button!!

I have no further comment except personally I prefer to chat with folks around these forums to choose the “right” exchange.
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April 27, 2020, 01:40:40 PM
 #90

Imo Kraken is the most user-friendly and stable platform.

The API though is too simple, you can't do alot. Just buy and sell.

I also have the feeling that many people choose the platform based on where there are from. In different countries different brokers are popular. Just like Viber and whatsApp
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April 27, 2020, 06:39:32 PM
 #91

To be frank, hacking has reduced the confidence in most of these exchanges but what can be done, other than still using them but being extremely careful or better still keep all funds outside the exchange. Nevertheless, from my own experience, the best crypto exchange is Binance, not only can it be used for trading, but withdrawal of fiat is also supported (for most countries). Followed on my list is OKEx, Kucoin and Gate; at least they are better than majority of exchanges out there in terms of volume and so on.

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April 27, 2020, 07:24:54 PM
 #92

FWIW, after months of research (min 10 hrs/day!) - meaning, I registered and actually used a number of popular exchanges including their support to see how fast they get back to customer.

These 3 survived:

- Kraken
- Binance
- Bitpanda

I also tested their account closure and re-opening process to learn how they deal with it! A few was “easy” to reactivate my account - but most asked for legal proofs of identities etc which is nice to know your closed account wouldn’t be reopened “automagically” without your knowledge!!

Also, only a few followed up to understand why I decided to close my account which proves they actually care losing customers!
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April 27, 2020, 07:38:08 PM
 #93

You said coinbase is best for beginners. But Coinbase not support in many Countries. Currently Binance is a best exchange. I like binance and kucoin exchange. Those are easy for beginners. These exchange  are secured, trusted, great volume.
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April 27, 2020, 09:50:48 PM
 #94

The best cryptocurrency exchange for trading alts is binance and houbi .

its Binance for me. Not just for alts alone but for all round service and satisfaction in key areas like this
1. It has an air tight security and even if there's some sort of hack (which financial platforms are always susceptible to), funds are safu.
2. Service fees for withdrawals on both eth and btc are cheap
3. The fact that one can now directly convert busd or btw to ones local currency as well as buy with his local currency makes Binance the most complete exchange for me

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April 27, 2020, 11:30:56 PM
 #95

The best cryptocurrency exchange for trading alts is binance and houbi .

its Binance for me. Not just for alts alone but for all round service and satisfaction in key areas like this
1. It has an air tight security and even if there's some sort of hack (which financial platforms are always susceptible to), funds are safu.
2. Service fees for withdrawals on both eth and btc are cheap
3. The fact that one can now directly convert busd or btw to ones local currency as well as buy with his local currency makes Binance the most complete exchange for me

Nothing beat out Binance when it comes to top exchange even though there were issues back in the past but still majority of people here do suggest the same platform.
They have all the qualities and also the capability on extending out markets which signifies that this company is doing well.Also theyve been starting on purchasing
other businesses as well to spread out their scope.It might sound to be a monopoly but they do really play the game very well.

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April 28, 2020, 04:07:47 PM
 #96

Currently the binance is the top crypto currency exchange. You can trade in binance. Because there is good liquidity in binance, you can easily sell and buy big amounts. But no exchange is safe. The exchange will only be used for trading. Never hold your fund on the exchange. Exchange owner can do any kind of drama at any time. So it's good to be careful.

I agree with you. Agree is currently one of the best (if not the best) exchanges for altcoin trading. It features plenty of liquidity and they've been around for a while now. Although a lot of people might feel otherwise but it doesn't change tjat fact. When Binance was hacked, they compensated users from their funds. I mean – nobody literally lost during the hack. Since then, I'm sure they've beefed up security. That aside, centralized exchange should mainly be used for trading purposes and not storing funds.  How to increase security?

1. Activate both SMS and Google Auth.
2. Don't use APIs (even though it's safe to use).
I use the services of coinsbank, personally, everything suits me
most importantly they ensure the security of my transactions
you can select and connect google authenticator as well as SMS notifications
use it. recommend
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April 28, 2020, 04:30:37 PM
 #97

You said coinbase is best for beginners. But Coinbase not support in many Countries. Currently Binance is a best exchange. I like binance and kucoin exchange. Those are easy for beginners. These exchange  are secured, trusted, great volume.
in all choices, there is always binance there. Well, I also like binance. if there is an opportunity, I trade there. however, binance has shown its success in gaining the trust of its users. maybe many exchanges also have a parallel reputation with binance, but binance remains the first choice.

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rexxarofmoknathal
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April 28, 2020, 05:55:03 PM
 #98

You said coinbase is best for beginners. But Coinbase not support in many Countries. Currently Binance is a best exchange. I like binance and kucoin exchange. Those are easy for beginners. These exchange  are secured, trusted, great volume.
in all choices, there is always binance there. Well, I also like binance. if there is an opportunity, I trade there. however, binance has shown its success in gaining the trust of its users. maybe many exchanges also have a parallel reputation with binance, but binance remains the first choice.

I agree with the suggestions on here, Binance is definitely up there especially with its new wave of market domination. However, Coinbase is still a viable option, though my preferred exchange is Kraken. I suppose people stick to what they've experienced and its hard to change the force of habit, especially, when there's no need to.





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tbterryboy
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April 29, 2020, 04:50:49 PM
 #99

Binance is definitely up there especially with its new wave of market domination. However, Coinbase is still a viable option, though my preferred exchange is Kraken. I suppose people stick to what they've experienced and its hard to change the force of habit, especially, when there's no need to.
Binance is by far the best of the bunch but I also respect others opinion on exchanges as long as they do not work with scammy or shady ones which I warn them about. Think about it there is right now a system where people keep shilling about their own exchanges a lot, they pay affiliate money to people who can invite others, and they pay a quite good sum from the trading fee as well. You could very well be your own exchange without doing anything, where does the exchange make money from?

Trading fee's mainly and when an affiliate invites someone in, their job is basically over and there is no more responsibility, just collecting profits all the time. So, I understand all the shilling yet I think there is like 5 to 10 places that I respect, you can use any of them, aside from that things start to go sour a bit.
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November 02, 2020, 11:34:31 AM
 #100

Crypto exchange is one of the important thing when you are dealing with the cryptocurrency space. Currently, there are over 300+ crypto exchanges exist where most of the exchanges are scams and not having enough liquidity. In this case, selecting the crypto exchange is a bit confusing Huh. So, when you are going to select the crypto exchange, you have to consider some important facts such as exchange reputation, availability, fiat currency availability, KYC requirement, no of altcoin availability, etc. Here is the best cryptocurrency exchange that can be used confidently,
  • Coinbase - best for beginners
  • Cex.io - worldwide support fiat to crypto exchange
  • Binance - altcoin trading
  • Changelly - instant crypto swap
  • Bittrex
  • Kraken
  • Kucoin
  • OKEx
  • Gate.io

If you are looking to find out more details above the list, Check out the best crypto exchange to watch in 2020 where it explains exchange features, fees, and pros and cons.
Yes, have many exchanger that have scammer in own team. I like binance and always trade in thia exchange. Another i trade bittrex, probit exchange.

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