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Author Topic: What is the best crypto exchange?  (Read 1531 times)
Denamen
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April 14, 2020, 12:19:28 PM
 #41

I daytraded before in Binance, and it is kinda nice to start with that exchange although there are limitations to 1 BTC per day to withdraw if you didn't submit KYC documents.
I ain't a big trader so I don't think I would need that anyway. I used Coinbase before and I wasn't able to buy Bitcoin that day because first I don't have any credit card and second it wasn't yet supporting our country but from the feedbacks of it, it seems a good exchange to buy BTC.
Binance now offers a lot of payment options for investors and you don't need to use other exchanges because for me Binance is more than enough for the rest. Of course, you can use as many exchanges as you like but the liquidity at Binance is always very good and never makes me nervous. Alternatively, you can use 2 exchanges like Okex or Huobi as these are very popular options for new entrants to this market.

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April 14, 2020, 01:06:10 PM
 #42

  • 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
All nine exchanges that you post all have the advantage in trading, now you just choose between the nine and which of your beliefs are stronger, that's your choice.

Members in this forum, of course, have their own way of choosing an exchange, if for the moment I prefer to redeem Binance, but it all depends on the individual.
Clear all there are differences and advantages of each.

R


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April 14, 2020, 02:26:53 PM
 #43

Well, when we say best crypto exchange it means the platform itself is giving us a good earnings every time we do trade in the exchange, isn't right? Because, even the platform is one of the top exchange and yet your not earnings in it, I think being best is useless for each traders, am I right to this matter?
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April 14, 2020, 04:23:35 PM
 #44

i think MXC,gate,Binance is the great and best exchange right now.if you research these 3 exchange you will their IEO record is very good and succesful .
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April 14, 2020, 04:24:06 PM
 #45

Currently, the best exchange in my own idea is Binance. But unfortunately, even they won't let you trade without of KYC on high amount on coins.
I would say If you are always going with low amount of coins go for Binance. However, I have some report from users with locked/closed accounts because Binance asked them to pass the KYC before withdraw.

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April 14, 2020, 05:39:35 PM
 #46

Currently, the best exchange in my own idea is Binance. But unfortunately, even they won't let you trade without of KYC on high amount on coins.
As expected, most of you guys would really answer Binance because it performed well last year. The KYC procedure is done for the exchange to let them know your real intention, you can't just trade a million with them just knowing your email. Binance is great, yes, but coinbase has a lot more with practicality because of the deposit methods, aside coinbase has a lot of key partners like Visa and barclays that supports the depositing methods with fiat currency. Also I want to mention the BitMex I've traded on it quite a lot and so far I got what I got with the same exchange, Binance and Coinbase.

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April 15, 2020, 11:40:22 PM
 #47

Currently, the best exchange in my own idea is Binance. But unfortunately, even they won't let you trade without of KYC on high amount on coins.
As expected, most of you guys would really answer Binance because it performed well last year. The KYC procedure is done for the exchange to let them know your real intention, you can't just trade a million with them just knowing your email. Binance is great, yes, but coinbase has a lot more with practicality because of the deposit methods, aside coinbase has a lot of key partners like Visa and barclays that supports the depositing methods with fiat currency. Also I want to mention the BitMex I've traded on it quite a lot and so far I got what I got with the same exchange, Binance and Coinbase.

It seems to look that most traders are likely to use Binance. Well, we can't deny that and how they'll turn back to their clients. But I'm not sure that they are ignoring the other exchanges but yet to find Binance as the best among the others. As the pursuing matter of Binance and their market dedication gives them the rationale to go farther and beyond. And absolutely a great work for them, actually.
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April 16, 2020, 05:01:06 AM
 #48

Well, when we say best crypto exchange it means the platform itself is giving us a good earnings every time we do trade in the exchange, isn't right? Because, even the platform is one of the top exchange and yet your not earnings in it, I think being best is useless for each traders, am I right to this matter?
It's depends on how comfortable and easily to executes their techniques and strategies on making proper order. I know if someone already trained in that specific crypto exchange they will choose it the best based on theirselves and on what they experienced in it. They have already the basis of why they choose it so sometimes depends. Most likely binance will choose by most of the people and I agree with it. Kucoin and other crypto exchange without kyc requirements would be top in this list.

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April 16, 2020, 06:47:14 AM
 #49

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.
everyone has their own place in trading. yeah, almost all of the places that you mentioned I've tried. after all, I chose binance. it's just that I prefer to trade in the local market. but for international, I choose binance. it's the most comfortable trading place that I feel.

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April 16, 2020, 06:52:42 AM
 #50

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.
everyone has their own place in trading. yeah, almost all of the places that you mentioned I've tried. after all, I chose binance. it's just that I prefer to trade in the local market. but for international, I choose binance. it's the most comfortable trading place that I feel.

There are a lot of crypto exchange that you can use and one of these is the coinbase I will make it bias because it is took a long time that I used the coinbade also they have an application that is more convenient on me to make more updated about the market price of the bitcoin. As a trader too they make a lot of notification in their application on how msny percent that the price of the coin increase and drop and also in terms of exchange you will have one of the most fastest transaction for buying and sell of the coin also they have a good security of 2FA transaction to make sure it is good for their users.

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April 16, 2020, 02:06:27 PM
 #51

The "BEST" Exchange is decentralized if you ask me. As someone who cares about my privacy, and someone who DO NOT trust exchanges, I'm playing around with DEX's, and while the volume is low I still make a few decen trades here and there.

Blocknet is my absolute favorite, and their volume sometimes spikes to above $100k daily, some large trades are happening out of the blue sometimes, haha!
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April 17, 2020, 01:43:17 AM
 #52

Currently, the best exchange in my own idea is Binance. But unfortunately, even they won't let you trade without of KYC on high amount on coins.
I would say If you are always going with low amount of coins go for Binance. However, I have some report from users with locked/closed accounts because Binance asked them to pass the KYC before withdraw.
For a normal investor, there is no need for KYC because this exchange still allows the investor to withdraw a minimum amount of money and do not have any problems with me. I only invest in some altcoins for small amounts so maybe KYC is not necessary for me. However, if you want to join the IEO of this exchange, you need to complete KYC and this is the reason why so many investors can not participate.

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April 17, 2020, 03:04:27 AM
 #53

Currently, the best exchange in my own idea is Binance. But unfortunately, even they won't let you trade without of KYC on high amount on coins.
I would say If you are always going with low amount of coins go for Binance. However, I have some report from users with locked/closed accounts because Binance asked them to pass the KYC before withdraw.
For a normal investor, there is no need for KYC because this exchange still allows the investor to withdraw a minimum amount of money and do not have any problems with me.

That's always gonna be the case in most of the known exchange. There are always a minimum amount of transactions per day to avoid the KYC verification.
KYC on the other hand was set to protect the person's account under the exchanges' hand, specially when doing huge amount of transactions.
But, also be careful with the exchanges who don't offer KYC verification regardless of the amount of transaction, that exchange might be doing selective scamming.

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April 17, 2020, 05:34:05 AM
 #54

Coinbase , bittrex and binace id what I used but I only use right now is binance , in your list I suggested To add more crypto exchange to make trader easy to choose where they trade . Coinbase is my wallet that I use but I can trade my coins on this because it is only supported by the other countries not mh countries. So I recommend crypto exchange who are available for all of countries.
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April 17, 2020, 07:17:10 AM
 #55

Best exchange have many coin listed for trading and always faster for deposit and withdraw, but if get any exchange have difficult for withdrawing and deposit I think many trader not interested for trade with their exchange. Now I am active with several exchange market like Binance, bittrex and huobi.

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April 17, 2020, 07:32:32 AM
 #56

I agree with you I also use Binance in exchange  Many good sites for keeping our deposit  There is no fear of being hacked and scammed. There is no hassle like other sites and transactions are completed very quickly.

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April 17, 2020, 08:50:56 AM
 #57

Binance and Kucoin is the best exchange for me, Easy to use and fast withdraw with low fee. also they always have a campaign like trading competition and Airdrop for the user.
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April 17, 2020, 12:08:41 PM
 #58

From the list you made, I have never used Changelly or other instant crypto swaps, but in my opinion the best for now is binance. Maybe before binance was released I often used bittrex to sell or buy crypto because at that time it was probably the most familiar bittrex among the crypto community.

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April 17, 2020, 12:24:43 PM
 #59

Currently, the best exchange in my own idea is Binance. ~snip~
You are right, that Binance is the best exchange even in my opinion will be the best of all time.  Binance was present to hear various innovations, starting from the launch of Spot, Margin, Futures trading and even now there is a large tournament which is participated by millions of people.

And what is most encouraging for traders from Indonesia is the registration of RupiahToken in Binance, Rupiah is our currency in Indonesia.
Apart from that I am also registered as a P2P trader in Binance for our country's representatives of Indonesia.
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April 17, 2020, 01:04:49 PM
 #60

Crypto exchange is one of the important things 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

Yes, I agree that primarily we need to check the reputation of the company which we can check with the reviews and feedbacks about the exchange. And the number of coins available and Fiat currency availability can be checked on their website. The important thing should be checked is the KYC Requirements to trade. Few exchanges allow trading on them anonymously. I would like to recommend an exchange in addition to the exchanges listed above that pass all the requirements listed above is Coinswitch Exchange.

It's a reputed exchange with good reviews. It supports more than 300+ cryptocurrencies to exchange and also fiat to crypto exchange is available worldwide. And we can trade anonymously on that exchange. It is one of the best exchanges I have used that satisfies all the basic requirements of a user.

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