Those reliable exchanges on the market

[nelson4lov]

~

Was it worth verifying an account on Binance? Do you really make 2 BTC daily trades? If not, than what was the reason to pass KYC?
Verified account is not as saved as not verified. All the security measures are up to you. If you search on the forum, you might find topics that users with verified account still got banned or their account got frozen.

The 2 BTC limit cap on unverified accounts only takes effect during withdrawals, So you can trade more than 2 BTC volume daily. And yes, Aside from the increased limit, Everything else is still the same (service offering, Support, etc). Where it gets interesting is to get either a VIP 1 or greater tier account to enjoy better maker / taker fees. So ideally, KYC should be done by people who want to enjoy more than 2 BTC daily withdrawals.

[Finxflo(FXF)]

Great topic, None of these exchanges are bulletproof. Make sure the exchange or platform is regulated in a top legal jurisdiction and are using a reputable custodian, (We use Fireblocks) with Institutional level safety features such a segregated accounts MPC key technology and that they have full insurance if they do suffer a security breach. For example with us clients funds are insured up to $150,000,000.00 USD

[carter34]

Great topic, None of these exchanges are bulletproof. Make sure the exchange or platform is regulated in a top legal jurisdiction and are using a reputable custodian, (We use Fireblocks) with Institutional level safety features such a segregated accounts MPC key technology and that they have full insurance if they do suffer a security breach. For example with us clients funds are insured up to $150,000,000.00 USD

I think you are using advantage from this thread to go public on your outfit but why don't you open a separate thread for yourself so that users will also investigate you to know how legit it is.

[Utoy101]

This is really an amazing thread, i make use of only binance presently because it seems to be the best in the whole of crypto space currently. They have lots of features that seems not to be present in other exchange and the fact that they support the largest FIAT pairs just makes the exchange a top users choice

[treodu]

.... and make transactions without even accessing its verification, which is I tried.

@Finxflo(FXF)

...Make sure the exchange or platform is regulated in a top legal jurisdiction

For some people (like your friend) that that is very good and some want to only use exchanges with less kyc.  Sometimes kyc gets stolen and that can hurt people.

Can anyone detail current withdrawal policies @ exchanges on OP List?  Maybe useful comparison.

[LUCKMCFLY]

It is a great selection that you have made, within which, Binance has presented for me an Exchange that has given me a lot of confidence, especially when launching a new cryptocurrency, with Airdrop it is immediately and not like another Exchange that is dedicated to making pyramid systems and cheating people. Don't forget Bitfinex either, right now there is a lot of interest for sale for USDT.

[ethereumhunter]

That is why many people used binance to trade, and I am sure that many of the traders are not fills KYC because they can accept the limitation in withdrawal. Binance is still trying to give the best for their members, and I am sure binance won't make them disappointed, and if the members have a problem, the support system will help them solve the problem.

Binance is too secure during this time but in the past customer information was stolen and that's every single thing that made me feel very worried. Now that news has been forgotten and probably not many people know at this forum so there is still a risk when you KYC.

I have sent KYC in the past but with what is happening now, I also feel that Binance's service is very good and hope they will better protect customer information.

Binance will upgrade their services for their members because they don't want to have the same mistake in the future, and they will always update the security and check for the bugs/hole. If binance doesn't do anything after that news, people deserve to worry, and they will not use binance for trading, even they will withdraw all of their money from binance. But we can see that binance change to better from time to time.

[cassavachips]

Binance is the exchange that I use most often now because it's amazing, but maybe there are some who don't like it. So I can exchange Kucoin and Upbit as options because both exchanges are also good

[AnwarDah]

There are many exchanges on the market, and finding the right, reliable one might be hard at first for beginners; but let me tell you what I think worked best in order to save your time and effort. I find ProBit Exchange to be very reliable as it is very safe to use and secure. This exchange is very professional. It has a wide range of coins and trading pairs. Not only that, they have also great projects, competitions, and services that you can profit from. and what is really interesting is that the trading fee can be as low as 0.03%, and you can pay the fee using their token PROB.

[perfect999]

Lol do you know the funniest thing about this? They won’t stop falling for the scam exchanges.
It’s mostly noobs that are making that kind of mistake and the reason is because they don’t research to know the cryptocurrency exchanges that are the best and legit.

They just search for exchanges and whatever comes up, they just jump on it and start putting money into it, and some of them will see random exchanges mentioned on social media by scammers and they will be clicking on links that they know nothing about. I guess people on this crypto space must be needing two level of awareness to stay protected against scammers which are probably basic protection for Internet activities and basic precautionary measurements for crypto space.

[FanEagle]

From the list you have here, I only make use of two and that’s Coinbase and Binance. I have not tried the other exchanges that are on this list, though I have been here for long. Binance and Coinbase has been working for me the way I want, and I don’t see the need to switch to another exchange since these two are working for me. Some people complain that Coinbase has high fees, but that’s the one I use frequently.

What I like most about it is that they have a good interface, and that was what got me to start making use of it, and it was easy to understand and make use of. I have been using Coinbase for long before I discovered Binance, and I think that’s around 2017 that I started using Binance and that’s people a lot of people talking about it.

[eth554]

I made a deposit of 2.68 eth from bitstamp to bithumb global yesterday. It was successful and bithumb sent me an noticication that my deposit was a success. However my eth balance still shows 0. The strange thing is that on my bithumb acc I can see the succesful transaction in history tab of assets. Anybody has any idea what is up?

[Bitstar_coin]

All Binance services are very secure, so there will be no problems when you KYC here. I submitted all my documents and ID last year and have never felt worried about security because I trust this exchange. Binance is considered the largest exchange in the crypto market and is involved in many new areas so you can be assured of using the service here.

Was it worth verifying an account on Binance? Do you really make 2 BTC daily trades? If not, than what was the reason to pass KYC?
Verified account is not as saved as not verified. All the security measures are up to you. If you search on the forum, you might find topics that users with verified account still got banned or their account got frozen.

I see your what you mean mate, I really do not see the point to do kyc when you don't even trade up to 1 btc, only do kyc when your capital is above the limit of withdrawal and you are sure of it, this is one of the reason I prefer binance to most other exchange because they allow such flexibility even if you are not a kyc verified account, but if a user feel at ease doing kyc I don't think there is a problem too.

[grizmoblust]

From the list you have here, I only make use of two and that’s Coinbase and Binance. I have not tried the other exchanges that are on this list, though I have been here for long. Binance and Coinbase has been working for me the way I want, and I don’t see the need to switch to another exchange since these two are working for me. Some people complain that Coinbase has high fees, but that’s the one I use frequently.

What I like most about it is that they have a good interface, and that was what got me to start making use of it, and it was easy to understand and make use of. I have been using Coinbase for long before I discovered Binance, and I think that’s around 2017 that I started using Binance and that’s people a lot of people talking about it.

Binance has a ton of special features that could appeal to a lot of investors and I think this exchange will definitely continue to lead this market. In fact, any of the coins listed here are good ones and greatly reduce your risk if you intend to invest. I feel that Binance is a lot better than Coinbase because this exchange has fiat support for my country and has very cheap transaction fees.

[Salauddin1994]

At first I was a victim of a lot of scams in trading but later chose binance. Binance is a very good and reliable place to trade and there is no fear of being scammed. Binance is the most reliable exchange site in the crypto market. The transaction fee is much lower here binance and coinbase secure exchange sites. There is no reason to lose balance much ahead in the case of small funds.

[goldade]

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/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 

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/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 

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/

This is a great compilation which is useful for traders especially new traders. I'm personally grateful for this.
I've been using binance for a while and I can say it's a great exchange. I'm glad you listed it as one of the best exchanges.
I however think you could make the list more detailed as to their characteristics, advantages and disadvantages.

[Nellayar]

From the list you have here, I only make use of two and that’s Coinbase and Binance. I have not tried the other exchanges that are on this list, though I have been here for long. Binance and Coinbase has been working for me the way I want, and I don’t see the need to switch to another exchange since these two are working for me. Some people complain that Coinbase has high fees, but that’s the one I use frequently.

What I like most about it is that they have a good interface, and that was what got me to start making use of it, and it was easy to understand and make use of. I have been using Coinbase for long before I discovered Binance, and I think that’s around 2017 that I started using Binance and that’s people a lot of people talking about it.

Binance has a ton of special features that could appeal to a lot of investors and I think this exchange will definitely continue to lead this market. In fact, any of the coins listed here are good ones and greatly reduce your risk if you intend to invest. I feel that Binance is a lot better than Coinbase because this exchange has fiat support for my country and has very cheap transaction fees.

I agree with you. Binance is my main exchange where I trade most of my coins. There are also many features that binance offer to trader and investor. We can marginalized, spot and futures. But I only use spot to lessen my stress and trade according to my plan.

A lot of exchanges have been existed for the past few years, but only top exchanges dominate the market. When you trade in top exchange, your confident with your assets not to fall down easily. But as a cryptocurrency expert said, we should not leave our coins in exchange specially if there is a problem regarding with their security.

[spike420211]

A completely standard set of exchanges more detailed information about which can be found on the forum for a long time.
Your whole analysis was to talk about the number of currency pairs, the rating of the exchange and the fact that you can read something there.

In fact, no useful information.
Nothing was said about the difference between the functional, the possibility of margin trading, the ability to trade futures, whether KYC is necessary and what are the limits for withdrawal.
Nothing useful.

[milewilda]

A completely standard set of exchanges more detailed information about which can be found on the forum for a long time.
Your whole analysis was to talk about the number of currency pairs, the rating of the exchange and the fact that you can read something there.

In fact, no useful information.
Nothing was said about the difference between the functional, the possibility of margin trading, the ability to trade futures, whether KYC is necessary and what are the limits for withdrawal.
Nothing useful.

Its indeed a summation on just telling on how many coins that they do had and youre right that theres nothing important into this kind of post but actually there are indeed threads that do give out
comparison on what you had mentioned between their differences from fees to margin trade/leverages etc.I cant find it though when i do tend to search up but for sure they do exist.
This post is just an another summation of trading pairs and volume and a little bit mix of information about hacking incident which isnt really that enough when someone is trying out
to differentiate these known exchanges.

[djmixen]

At first I was a victim of a lot of scams in trading but later chose binance. Binance is a very good and reliable place to trade and there is no fear of being scammed. Binance is the most reliable exchange site in the crypto market. The transaction fee is much lower here binance and coinbase secure exchange sites. There is no reason to lose balance much ahead in the case of small funds.

Only thing is that there is KYC policy if you start trading a lot because you'll surely withdraw with near to exactly 1 BTC per day and that's the limitation for users without KYC verification, if I can recall it correctly as I stopped trading back in the days when I lose a lot in my day trading diaries  .

Well, almost all top exchange in the market of cryptocurrency required KYC except for Binance through this platform is one of the top exchange
and build a huge community in this business industry as well. But on my own experienced aside from Binance, I so far used Bibox, Kucoin, Bittrex, Houbi and Okex.