Those reliable exchanges on the market

[kickkick]

In recent years, I have often seen people being scammed by mistakenly choosing fake platforms when investing in cryptocurrencies. Therefore, I have compiled some reliable cryptocurrency exchanges , hoping that similar things will not happen again.

1.Huobi 

It was originally the most popular cryptocurrency exchange in China, but as the China government tightened restrictions on cryptocurrencies, it shifted its main business scope overseas. 

Huobi provides nearly 400 cryptocurrencies for investment, with an average daily trading volume of up to $5.1 billion. It has its own cryptocurrency: Huobi (HT). 

There is a risk fund inside. If the platform is compromised by hackers and the customer suffers losses, the fund will be used to compensate the customer.

Huobi's official website: https://www.huobi.com/en-us/
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2. Binance 

As the cryptocurrency exchange with the largest trading volume on the market today, the average daily trading volume can reach 5.4 billion US dollars. 

Binance provides nearly 400 cryptocurrencies for investment, with the leverage up to 125 times, but please use it carefully according to your personal situation! 

It has been attacked by hackers before(no customers were victimized at the time), so now its users have related insurance and can be compensated when their rights are damaged due to the invasion.

Binance's official website: https://www.binance.com/en

Remarks: 7/14 is the third anniversary of Binance, and there will be a promotional event of 20% lifetime fee reduction. Anyone interested can visit this website：https://medium.com/@ryan19850322/d79830abe039
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3. OKEx 

OKEx is one of the world's largest cryptocurrency exchanges, it's average daily trading volume could reach 1.78 billion US dollars. 

There are 385 cryptocurrencies available for investment on the platform, and up to 100 times leverage can be used, but please use leverage carefully according to your personal circumstances. 

There is a page on its official website that teachs some knowledge about cryptocurrencies. 

OKEx's official website: https://www.okex.com/
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4. Coinbase 

Coinbase is the first pioneer to provide cryptocurrency trading services, it's main business direction is to comply with local regulatory regulations. 

By that means, Coinbase successfully gain the European, American, and Asian markets, even Japan,well known for it's strict regulations on cryptocurrencies, allows Coinbase to enter its market. 

Coinbase supports less cryptocurrencies than other exchanges, there are only about 60 options available for investment, and the average daily trading volume can reach 300 million US dollars. 

Coinbase also have cooperated with Visa to launch Coinbase Card, which can be added to Goole Pay, can use cryptocurrency to purchase daily necessities in 14 European countries, including the United Kingdom,which also shows that its security has been recognized by Google.

At the same time, Coinbase also has a remarkable performance in the blockchain. In February this year, it was selected as the Fortune 50 blockchain. Others included in the list include Microsoft, Apple, Amazon, IBM, Microsoft, etc.

Forbes' list of top 50 blockchains: https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/?fbclid=IwAR1_YM8HiG6iVUwr8rstgcOpc2m5ZTtACaefV7iDLrqLxNhlRCrLlV54M44#14e656817553

Coinbase's official website: https://www.coinbase.com/
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5.BitMEX 

Unlike other exchanges, BitMEX provides bitcoin "futures" trading, with an average daily trading volume of up to 3 billion US dollars, far exceeding the Chicago Currency Exchange's cryptocurrency futures trading volume. 

There is a 0.025% feedback on the pending order itself. When you place an order (an order that cannot be transacted immediately), you will get 0.025% of the rebate.If you buy immediately, you will need to pay a handling fee of 0.075%.
 
It should be noted that the platform's own withdrawals, deposits and contract settlement only support Bitcoin. 

BitMEX's official website: https://www.bitmex.com/

[bitgoldpanther1978]

Only Binance and Houbi is the one where I most often used, then the rest are not.
Because, I remembered last year if I am not mistaken Bitmex became useful for the scammers
to scam people using telegram, and I witnessed them many times and now I can't see them using
it anymore,.

[XCANA]

Only Binance and Houbi is the one where I most often used, then the rest are not.
Because, I remembered last year if I am not mistaken Bitmex became useful for the scammers
to scam people using telegram, and I witnessed them many times and now I can't see them using
it anymore,.

I could still remember too, though the most useful cryptocurrency exchange on the list provided by op is Binance exchange. Have tried series of cryptocurrency exchange but discovered that the best that provide security and liquidity if I may say is Binance, although, I occasionally used some others but with little funds or.coins for trade compare to Binance exchange.

[mithun303]

There are many types of exchanges on the market and there are many reliable exchanges for buying and selling but the most reliable exchange for me is Binance. This is very trustworthy site and i have a lot of fun working on it. There  is no change of Scam on this side.

[SamsungBitcoin]

I try many exchange but i put much money in catex because i love to earn passive income on their staking which is good enough income for the month even i do not do actual buy and sell of crypto.

[Casdinyard]

~

Those years were already on the long run of success. Meanwhile, there would really be people whom could be scammed because they were fooled by other platform's offers which are often too good to be true. Nowadays, there were projects more specifically trading platforms that were just starting and trying to build an audience. Yes, your list is the far most reliable, yet there were also upcoming exchanges that were faster and better than those on the list but was just taking their first steps.

Also, there are features in some low-key trading platforms that wasn't on the list, while some platforms are better because they accept ICOs as soon as they registered. A inventor of a coin doesn't always afford such registration on famous exchanges.

[Kelvinid]

No wonder why Huobi keeps soaring as China turning back to crypto and the rest exchanges but that was terrible that Okex is on your top 5 list quite different from what the CoinMarketcap https://coinmarketcap.com/rankings/exchanges/.
But anyway, they are all been good and performing excellently. Considering the fact that these exchanges have a huge market volume, people won't let them get ignored but they choose them for trading. Popularity means a lot in crypto and traders/investors will choose those exchanges that good give their expectations and as well as giving them the assurance that their money are secured.

[Beparanf]

I'm only using Binance now, but before I'd been into many exchanges which also includes Bittrex and Kucoin, but now since I don't do trade often now and in my local country there is an exchange for top coins like ETH, BTC, XRP and few more I prefer to trade there so it can easily transfer some of my money from bank and with government permit. I'm not sure if there are countries who also have alike but we need to be assure in what exchange we will be use especially it came from our hard earned money.

[ethereumhunter]

I am sure Binance will serve you with a good chance to make a profit from many coins. Besides that, you don't have to verify your account if you don't want, and binance will not hold your funds when you withdraw. That will help you keep your identity, but you should be satisfied with a limited amount of bitcoin that you can withdraw. You can choose many coins to trade, and if you can analyze better, you will get the right coin.

[Salauddin1994]

These sites are much safer to exchange in the market. However, I have used the coin base and Binance these sites are much more reliable. The more coinbase i use the more it applies to use everywhere if you use the confirmation code to use the coinbase account then no hacker can access your CoinBase wallet it's much more secure and hackers can't steal.

[cytpoway121]

You have made a good list of good exchange platforms. But i wouldn't class coinbase alongside binance or okex, it limits the trade pairs you can have and cannot boast of the huge volumes on binance or okex. One word i would say is that no matter how reliable a platform appears to be, you cannot keep your funds there save up to an offline cold storage

[nelson4lov]

I've used both Binance, Okex and Coinbase and I can say that all three are top tier exchanges. Coinbase primarily serves retail and institutional investors. Binance offers the best trading experience  and it has tons of useful features like the OCO feature they released earlier this year. For okex, I haven't used it much but for the times I've used it, I've not gotten any issues using their platform. As far Houbi and Bitmex, I haven't gotten a reason to use them.

[Twentyonepaylots]

There are many exchanges that is great to use to trade cryptocurrencies, it will just vary on whom you use first or where you familiarize first, some are using old exchanges since they already proved their existence, some are using new to try brand new promotions. It really depends on how you see each exchanges. I use Binance more often than Bitmex since I do futures trading with 125x leverage, don't get me wrong bitmex has a high liquidity also but so binance does plus with 125x so I can really maximize my low capital turning into high gains. Ohh and yes, there is no safe exchange, still  

[ChiBitCTy]

I'm not sure I would call Coinbase a "reliable" exchange per say.  Coinbase ran basically without customer support for years when they got started.  The still to this day, despite having proper funding and having made countless profits, have a freezing exchange ( meaning the exchange often freezes when trying to use it during times of high volatility).  I have had plenty of buddies accounts being closed for no reason at all.  I've also had friends lose their funds to Coinbase.  They locked them up and refused to return them ( this was more so when they had no oversight at all).

[royalfestus]

I also think those exchanges hold more reliable project/coins than others, they research the projects, advice them and give regulations for successful delivery, if the project fails to attract good volume of trade they delist. The high volume trade of most coins on the exchange encourage new traders and bag holder to trade on them. Some have history of hack and no exchange is out-rightly safe from hack so coin traded should be properly managed.

[ReiMomo]

No wonder that the Binance exchange platform will always on the list of all reliable exchanges.

If I'm going to choose an exchange, I prefer to use this feature. Large volume, high on liquidity, more pair coins to choose and good PR in all crypto community. The compilation list of OP is good but OP should consider the comparison between those sites.

One thing just I want to remind traders, don't store your fund on the exchange, once you did not own your private key it means the fund you have stored has not belonged to you.

[SquallLeonhart]

I could honestly say that I have used all of them at one point or another add in kucoin and that would be my top 6 exchange list at all times, kucoin wasn't bad neither. Coinbase was something I used to pay some American companies, never used it for myself but there was moments when they wanted to get paid with coinbase app and I agreed and it was smooth and quick and easy so I assume other stuff of coinbase must be fine.

I used huobi and okex and binance for my trading in general and I loved them all, they were great with obviously binance being a bit ahead of everyone else. I would suggest all of these websites to people who would like to use them, they are quite great and they are definitely places that people wouldn't really have trouble with at all.

[AniviaBtc]

4. Coinbase 

Coinbase is the first pioneer to provide cryptocurrency trading services, it's main business direction is to comply with local regulatory regulations. 

By that means, Coinbase successfully gain the European, American, and Asian markets, even Japan,well known for it's strict regulations on cryptocurrencies, allows Coinbase to enter its market. 

Coinbase supports less cryptocurrencies than other exchanges, there are only about 60 options available for investment, and the average daily trading volume can reach 300 million US dollars. 

Coinbase also have cooperated with Visa to launch Coinbase Card, which can be added to Goole Pay, can use cryptocurrency to purchase daily necessities in 14 European countries, including the United Kingdom,which also shows that its security has been recognized by Google.

At the same time, Coinbase also has a remarkable performance in the blockchain. In February this year, it was selected as the Fortune 50 blockchain. Others included in the list include Microsoft, Apple, Amazon, IBM, Microsoft, etc.

Forbes' list of top 50 blockchains: https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/?fbclid=IwAR1_YM8HiG6iVUwr8rstgcOpc2m5ZTtACaefV7iDLrqLxNhlRCrLlV54M44#14e656817553

Coinbase's official website: https://www.coinbase.com/
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Coinbase is one of those trusted exchange that most of the people are using including me. I used Coinbase for 2 years and it really suits my type as I prefer its features than other exchanges. Due to its reputation and service to its customers, I try to tell it to my friends and they also use this platform to buy and sell bitcoin.

It is user-friendly and efficient to use that's why its customers or those people who are accessing this exchange is increasing.

But there's no such thing as a perfect and ideal exchange that has no flaws or issues.

According to other people, there's a time where Coinbase is very slow in fixing their issues in their platforms and it takes a lot of time for them to troubleshoot their errors. But most of the exchanges have their own issues and that's normal for a certain platform to have that.

[Wexnident]

They get scammed by fake exchanges, but it's also their own fault tbh. A lot of exchanges known to be quite reputable have already been in the market for so long. Sure, if it was year one or year two of Crypto, being scammed could be excused, year 3? Could also be. But after that? It's only up to them being ignorant or them being greedy for benefits. Identifying scams are pretty easy tbh, the simplest would be if it's too good to be true, it's most likely a scam.

I've used both Binance and Coinbase, but I stopped using Coinbase after some time and just switched to Binance completely. Mostly because of how big Binance has become with their trading volumes being sky-high. Plus, I experienced Coinbase having these irritating issues with regards to their platform. Having the issue of everything freezing up is a pain, especially if it crops up every now and then. 

[TravelMug]

Binance gets the vote for me, CZ is really doing a good job making this the best platform for crypto users. Of course, someone will argue that this is debatable, but personal experience tells me that they are just above the rest of the exchanges today.

Those next in the list will do a lot of effort to even get even with Binance as far as activity and platform evolution. Binance is all over the Asian market and their next target will be Africa, one of the biggest if not the biggest market. So Just imagine if they can get a piece of that huge pie, another billion profits for CZ.