milandres0207
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July 19, 2020, 02:13:11 PM |
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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.
There is much reliable exchange in the market that We can able to use in dude, Now CMC is one of the good reference tools to find a good platform. Moreover, as I searched or checked the exchange you mentioned at the above cat.ex has a good volume in the market. And you were also right about the staking program they have in there, perhaps I will try also to be part of their staking programs as well, thanks for sharing, God bless.
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diskodasa
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July 20, 2020, 04:23:15 AM |
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Agree that mistakes in choosing exchanges can result in investment in bad projects and also fall victim to scams. Exchanges platforms are one of the most important keys to success in the trading world. Of all the reliable exchanges mentioned in the opening post, only Binance exchange is always my choice of trading. Besides having low fees, Binance also has a complete trading feature. So with the advantages of the Binance, I am more comfortable when trading on Binance exchanges.
Binance is a very good user support exchange and I do not have any major issues when trading here. Also, this exchange is considered to be the safest for everyone because I haven't had any withdrawal issues during the last 3 years. However, this exchange has been hacked and investors should also be careful when sending all assets to Binance because there will always be risks.
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TheGreatPython
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July 20, 2020, 04:46:02 AM |
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Out of five exchanges mentioned by OP, I have been familiar with only binance and coinbase.
I have used coinbase as a wallet services and never had any exchange there. I hold active account with binance as I do see lots of my preferred altcoins are being traded there with high liquidation.
Huobi, OKEx are some known exchanges but they are not providing me any reasons to check with them. (I am having the habit of opening account with an exchange when a trading pair, I am looking to trade is available there with decent volume).
BitMEX is the derivative exchange. Once I planned to start futures trading with at least 10x leverage then as per this community opinion, I have dropped that idea. Still, I am gathering information and strategies to sustain in futures trading, if I find anything support me to be profitable in futures trading, then I will go for bitmex to trade with.
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Cryptoababe
Member
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Activity: 918
Merit: 19
Do it For Better Humanity (Bitget trader)
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July 20, 2020, 01:27:53 PM |
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There are other reliable exchanges too. I've been using liquid.com so far and I've been enjoying trading with the exchanges. They give updates about maintenance on time. They have several currency to trade with. There is balance portfolio and their margin trading is quite easy to use and understand. Also some others good exchanges are out there like this.
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FanEagle
Legendary
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Activity: 3080
Merit: 1129
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July 20, 2020, 04:31:05 PM |
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It seems you are focusing on only high liquidation or high end exchanges alone because I am not seeing the exchanges where I do frequent. Stex and mercatox are my favorite exchanges as I am find few pairs which are not available even with highly established exchanges for some reasons. When you stick within certain coins and tokens for your trading purposes then I guess just one or two exchanges will be more than enough.
I am holding accounts at least in ten exchanges still I never try few of highly reputed exchanges like binance and huobi.
The purpose of this discussion seems reasonable but we cannot foresee what is going to happen because mtgox and cryptsy were once highly established and known exchange for this community but later they were gone for some reasons. So, not relying on your exchanges for big amount of money will help you.
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princerepon
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July 20, 2020, 04:44:31 PM |
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Those are really reliable exchange for trade. I am surprised that OP didn't talk about kucoin though. I did lot of trade from last past 3 years in those exchanges and my little experience said you can trade those exchanges without any worries. Binance is already most popular exchange at this moment for new/old altcoin trade. I choose Huobi and Coinbase mainly for btc trade. Kraken, Bittrex, BitForex are also good quality exchange to me.
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beerlover
Legendary
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Activity: 3094
Merit: 1191
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July 20, 2020, 09:18:29 PM |
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It is not really that easy to reach those levels, I mean we are talking about billion dollar market that has companies buying other websites for 400 million dollars, think of how much wealth there is to be made in this business which is why I think it is quite important to know how nearly impossible to be there and there are thousands of exchanges without proper volume, most of them either claim they were hacked and steal your money, or they just bankrupt basically. That is why I think these reliable exchanges are definitely important in our crypto world, it is not easy to get something like that and we can't have too much of them, it would be very very difficult to get more of them so we have to take really good care of the ones we have and make sure we do not force them out of business.
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novaprime
Sr. Member
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Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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July 25, 2020, 02:23:05 AM |
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Out of five exchanges mentioned by OP, I have been familiar with only binance and coinbase.
I have used coinbase as a wallet services and never had any exchange there. I hold active account with binance as I do see lots of my preferred altcoins are being traded there with high liquidation.
Huobi, OKEx are some known exchanges but they are not providing me any reasons to check with them. (I am having the habit of opening account with an exchange when a trading pair, I am looking to trade is available there with decent volume).
BitMEX is the derivative exchange. Once I planned to start futures trading with at least 10x leverage then as per this community opinion, I have dropped that idea. Still, I am gathering information and strategies to sustain in futures trading, if I find anything support me to be profitable in futures trading, then I will go for bitmex to trade with.
Most of the exchanges you list are ones that have a good reputation and certainly when you deposit here you can feel more comfortable to use. Personally, I just prefer to use Huobi because this exchange has been with me for a long time and can switch to Fiat easily and until now there haven't been any issues that have occurred to me. I also use Binance like everyone else but since this exchange was hacked, I have stopped using it because there is a risk here.
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elewton
Full Member
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Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
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July 28, 2020, 02:53:56 AM |
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Those are really reliable exchange for trade. I am surprised that OP didn't talk about kucoin though. I did lot of trade from last past 3 years in those exchanges and my little experience said you can trade those exchanges without any worries. Binance is already most popular exchange at this moment for new/old altcoin trade. I choose Huobi and Coinbase mainly for btc trade. Kraken, Bittrex, BitForex are also good quality exchange to me.
I am more interested in Coinbase because this exchange has become so familiar to investors and this exchange only lists large coins so if you want to liquidate with a large amount of money, this is a good choice for you. However, the transaction fee here is very high so this is the reason why investors tend to switch to cheap exchanges like Binance or Kucoin. In addition, some exchanges such as Bitmax, Okex, Gate are also very interesting options for everyone.
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SacriFries11
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July 28, 2020, 03:13:01 PM |
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There are other reliable exchanges too. I've been using liquid.com so far and I've been enjoying trading with the exchanges. They give updates about maintenance on time. They have several currency to trade with. There is balance portfolio and their margin trading is quite easy to use and understand. Also some others good exchanges are out there like this.
I think those exchanges deserved to be recognized for their performance in crypto world but we expect that they will deliver more improvements. Binance, Coinbase and BitMex are crypto exchange site that I’m using right now. I have no problem with them in fact these three should be the target when listing in crypto exchange.
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LbtalkL
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July 28, 2020, 03:56:48 PM |
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These days knowing the names of popular exchanges is not enough to make you safe, if your are not very cautious, you will be a victim of phishing or whatsoever scammers do to imitate a well-known platform just to scam people. But of course, knowing these exchanges are better than nothing to minimized the risk, what I am trying to say is we need to be careful everytime. These exchanges are good and I would recommend to use it too.
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wywoc
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July 28, 2020, 04:54:10 PM |
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I prefer OKEx, they have never been hacked so I can safely keep my money here. In addition, they have a Saving product that lets you save with bank interest on their platform easily. Moreover their derivative trading volume is currently at the top as well as no flash pump dump, so I choose for futures trading.
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Emitdama
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July 28, 2020, 08:27:16 PM |
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There is not a single exchange on the planet that is perfectly safe or where the users haven’t faced some kind of issue be it the deposits, withdrawals or normal trades. The only crypto exchanges I trust at the moment are: Binance Huobi WazirX (Indian exchange merged with Binance)
I only keep the coins that I want to trade in exchanges, the rest of the coins that I wish to hold for long term are safely kept in external wallets and paper wallets. Also, I would recommend diversifying the portfolio in multiple exchanges so as to secure the capital to some extent. If one exchange shuts down, you don’t lose your entire portfolio as the rest stays in another exchange.
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Oilacris
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July 28, 2020, 09:11:49 PM |
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There are other reliable exchanges too. I've been using liquid.com so far and I've been enjoying trading with the exchanges. They give updates about maintenance on time. They have several currency to trade with. There is balance portfolio and their margin trading is quite easy to use and understand. Also some others good exchanges are out there like this.
I think those exchanges deserved to be recognized for their performance in crypto world but we expect that they will deliver more improvements. Binance, Coinbase and BitMex are crypto exchange site that I’m using right now. I have no problem with them in fact these three should be the target when listing in crypto exchange. These days knowing the names of popular exchanges is not enough to make you safe, if your are not very cautious, you will be a victim of phishing or whatsoever scammers do to imitate a well-known platform just to scam people. But of course, knowing these exchanges are better than nothing to minimized the risk, what I am trying to say is we need to be careful everytime. These exchanges are good and I would recommend to use it too.
When it comes on choosing exchange then its no brainer that you would really need to select on which one is the best and popular but there are really people who do lost up their path on where they do end up on using unknown exchange. Possible reasons? -Theres no coins that they can trade up or able to sell into their shitcoin rather than into those unknown exchange. -They do just directly click when they do make up some google search.
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BlokbizICO
Jr. Member
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Activity: 157
Merit: 1
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July 29, 2020, 08:59:04 PM |
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We have to be extra careful when it comes to picking a quality platform to deal with Crypto. And I very much try that only. It’s quiet simple through ChangeNow, one of the best platforms to buy/exchange Cryptocurrencies. The talking point is having over 170 options to choose from including BSV Coin, which I did not found in so many platforms. While the speed, simplicity and support, it’s just too good and something I truly enjoy getting.
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Vaculin
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July 29, 2020, 09:07:45 PM |
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These are no doubt good exchanges in crypto, but for me, I don't need a lot of exchange as I am already satisfied in using one exchange. Currently, I am trading at Binance and I have the same satisfaction that I have before, and mind you, I also invested on them through their BNB coin.
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WSDN
Sr. Member
Offline
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
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July 30, 2020, 04:24:07 AM |
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These are no doubt good exchanges in crypto, but for me, I don't need a lot of exchange as I am already satisfied in using one exchange. Currently, I am trading at Binance and I have the same satisfaction that I have before, and mind you, I also invested on them through their BNB coin.
I think Binance is more than enough for investors and if you have decided to trade here, you will feel different from other exchanges. I was trading here when this exchange was just established and of course I also made a lot of great profits. The coin that I feel best to hold is BNB because holding this coin helps me to reduce transaction fees or can use BNB to participate in some big IEO projects.
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Zemomtum
Full Member
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Activity: 1316
Merit: 104
CitizenFinance.io
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July 30, 2020, 05:04:27 AM |
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Binance has demonstared trust over time even when they were hacked. Bittrex also seem decent and I am on a look for BitMax, they are currently doing well beyond my imagination.
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Twinkledoe
Full Member
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Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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July 30, 2020, 07:55:50 AM |
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Binance has demonstared trust over time even when they were hacked. Bittrex also seem decent and I am on a look for BitMax, they are currently doing well beyond my imagination.
I have no doubt using Binance. But Bittrex is now requiring KYC, so not using that exchange anymore. I used to trade some alts before in Bittrex. Other exchanges mentioned by the OP are popular ones. But even though they are known to the community, it is always better to safeguard your coins. So as much as possible, secure your coins in your own wallets.
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imstillthebest
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July 30, 2020, 09:29:22 AM |
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Binance has demonstared trust over time even when they were hacked. Bittrex also seem decent and I am on a look for BitMax, they are currently doing well beyond my imagination.
I have no doubt using Binance. But Bittrex is now requiring KYC, so not using that exchange anymore. I used to trade some alts before in Bittrex. Other exchanges mentioned by the OP are popular ones. But even though they are known to the community, it is always better to safeguard your coins. So as much as possible, secure your coins in your own wallets. maybe thats the reason why bittrex is not popular as before . never tried coinbase exchange but i have this feeling that they have the same standards on what they have on thier wallet version . the rest 3 are popular and ive heard of them . the list on the first page is not in correct order ? because i feel that binance should be on first . binance has been hacked but this does not tear down the support of the traders towards them .
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