cryptoboss2020 (OP)
Member
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Activity: 322
Merit: 14
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November 22, 2020, 10:04:09 PM |
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I give good nominations.
Kraken number one always working never problems.
Poloniex old and helpful support.
Binance well... They should work with their down time problems.
So kraken should teach others how to build good exchangers!!
In the World we need more quaility and I hate when things dont work everything should run like clock work!
Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!! So until I see polo and kraken good we are all good
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hulla
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November 22, 2020, 11:06:13 PM |
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Kraken number one always working never problems.
No, this is not true cause every crypto exchange have problem at some point. Binance well... They should work with their down time problems.
What problem are relating to because Binance was the perfect example for all crypto exchange site. So kraken should teach others how to build good exchangers!!
I guess you are not aware that Kraken have been attack by hackers. But, I wonder the characteristics you used to judge or select the exchange sites cause if it is because of the SPDI bank required by Kraken then your decision wasnt right and the last time i checked Binance seems to be the most useful exchange site which was the reason why Binance gained more users than every others exchange.
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Reid
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November 23, 2020, 11:12:53 AM |
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I'm done with Poloniex. They are good when they started. All the hype is around them but they got cocky. 2 strikes of my funds being held and that is enough to put them in my trash list. Some don't even go 2 strikes, I have given them 1 more chance. Kraken? I have not used it yet. Maybe until Binance gives me a headache then I will switch to another. As of now, they are good at customer support, and even when I lost my 2FA code they are being helpful about it.
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GelatikKembar
Full Member
Offline
Activity: 854
Merit: 100
The OGz Club
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November 23, 2020, 11:27:16 AM |
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I chose to nominate Binance, because it is no longer denied that Binance is indeed the best exchange for 3 years, compared to Kraken, Binance has the most volume, you have to realize that Binance is not a bad exchange.
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Harriti
Sr. Member
Offline
Activity: 756
Merit: 256
HEX: Longer pays better
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November 23, 2020, 07:42:00 PM |
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Although Kraken and Poloniex used to be very influential exchanges in new projects and the Crypto community. But at the moment, due to apathy in feature development and little investment in marketing, only Binance, Huobi Global, and Coinbase are the top exchanges right now. In my opinion, the collapse of Poloniex and Kraken also really doesn't have too much of an impact on the Crypto market. Since the volume and assets of Kraken and Poloniex's hot wallets are pretty low compared to top exchanges, I don't overestimate these exchanges.
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Fatunad
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November 23, 2020, 11:06:51 PM |
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I chose to nominate Binance, because it is no longer denied that Binance is indeed the best exchange for 3 years, compared to Kraken, Binance has the most volume, you have to realize that Binance is not a bad exchange.
Im not really that fan of using Kraken this is why i do nominate Binance all the way. Poloniex sucks when they had been bought by circle. Even though we do have our own preference on sites or exchangers that we've been using and if you do saw on where you do seem fit then its your choice because we do have our own choices and preference but people would just normally stick out on where they do like the most. This is why i do stick with Binance even though they had some small issues in the past..
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CaVO32
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November 23, 2020, 11:19:07 PM |
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Although Kraken and Poloniex used to be very influential exchanges in new projects and the Crypto community. But at the moment, due to apathy in feature development and little investment in marketing, only Binance, Huobi Global, and Coinbase are the top exchanges right now. In my opinion, the collapse of Poloniex and Kraken also really doesn't have too much of an impact on the Crypto market. Since the volume and assets of Kraken and Poloniex's hot wallets are pretty low compared to top exchanges, I don't overestimate these exchanges. The charm of Polo among crypto users seemed to fade away already. I was using this exchange before, even storing some of my btc but when they changed management, I feel I was not comfortable anymore. And now, I do prefer with Binance, you don't even have to undergo the KYC requirements if you are not really of big trader, which is really helpful to small traders like me. Their fees are also very competitive with very good liquidity. So don't know where the OP get the notion that if polo and kraken will go down, others will follow. Not gonna happen.
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Danslip
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November 23, 2020, 11:25:13 PM Last edit: November 24, 2020, 12:25:38 AM by Danslip |
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I chose to nominate Binance, because it is no longer denied that Binance is indeed the best exchange for 3 years, compared to Kraken, Binance has the most volume, you have to realize that Binance is not a bad exchange.
Binance is unquestionably number one but the conditions for distributing other nominates are still not clear for me. Maybe, OP should list which criteria were eligible on the exchange for choosing the best one. The opinion of the experienced traders clearly shows the winner but for the second or third places, the eligibility criterias are not fair, IMHO. The power of Bittrex has transferred to Binance after the market collapse 2 years ago and Bittrex was not even on the top 10 big crypto exchange list, IIRC.
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EdenHazard
Legendary
Offline
Activity: 2674
Merit: 1048
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November 23, 2020, 11:33:15 PM |
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I'm done with Poloniex. They are good when they started. All the hype is around them but they got cocky. 2 strikes of my funds being held and that is enough to put them in my trash list. Some don't even go 2 strikes, I have given them 1 more chance. Kraken? I have not used it yet. Maybe until Binance gives me a headache then I will switch to another. As of now, they are good at customer support, and even when I lost my 2FA code they are being helpful about it.
They are a joke. You will feel okay until you trade large amount of bitcoin and getting a lot of annoying what so called 'errors' on their own end causing your withdrawal pending for days... Even blocked just like your story. my personal annoying experience is that poloniex support having so slow time to respond all the time, i feel like an abandoned customer! And that is not good at all for the business. I wont surprised if then poloniex will makes a claim that they are being hacked... the whole funds stolen etc and go full for exit scam. I would rather say beware to poloniex, bittrex is a bit better and binance are my first chochoice.
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carlisle1
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November 24, 2020, 02:12:04 AM |
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I give good nominations.
Kraken number one always working never problems.
Poloniex old and helpful support.
Binance well... They should work with their down time problems.
So kraken should teach others how to build good exchangers!!
In the World we need more quaility and I hate when things dont work everything should run like clock work!
Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!! So until I see polo and kraken good we are all good
are you sure that you understand what you are posting here?and do you really know the status of those exchange that mentioned? Poloniex use to be a good exchange but now?it is one of the worst,on the other hand binance is the one who's rising now. having many good deeds recently i think they deserve respect and at least small trust and chance to prove their legitimacy and worthiness . And Who are you for us to trust when your trust record even tell who you really is?
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maydna
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November 24, 2020, 04:40:42 AM |
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No doubt for Binance because I don't have any problem with that exchange. I don't have a problem too with Poloniex and Kraken, but I don't use that both exchanges to trade too often because I don't have many coins list on that both exchanges. But I disagree if Poloniex and Kraken go down, the other exchanges will follow to go down because every exchange will have the same problem, and once the price is down at one exchange, the other exchange will follow. But it doesn't mean Poloniex and Kraken are the sign to see what will happen to the crypto market. We have a different exchange that we used to trade, and I am sure that it will be related to the comfortable feeling to trade on that exchange.
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cryptoaddictchie
Legendary
Offline
Activity: 2114
Merit: 1322
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November 24, 2020, 05:34:28 AM |
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Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!! So until I see polo and kraken good we are all good
So you are telling that if these two go down, all the market will suffer? Maybe yes but that would be for the meantime. Never used these two exchange yet actually ao I'm not sure how good these are. But I'm a full time Binance trader and user. So I know how devoted CZ in developing more services and feature binance can offer. What sucks are their down time but that can be fixed given that the traffic is huge. Let expect some not a 100% efficiency. But so far they have one of the best volume that those two you mentioned.
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boyptc
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November 24, 2020, 05:56:58 AM |
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Your preference isn't others' preference.
Polo was one of the most popular before but they didn't maintain that status after the bull run. You'll never change the mind and choice of other traders if it's Binance for them is the best.
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btc_angela
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November 24, 2020, 08:18:57 AM |
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Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!! So until I see polo and kraken good we are all good
Lol, how come crypto will suffer hard just because two exchanges polo and kraken goes down? This is not 2010, when Mt. Gox was hacked, there are a lot of exchanges around and polo and kraken volume is not that huge to affect cryptocurrency as a whole. So stop with this baseless accusations, there are DEX around if these CEX suffered from hacks or breach or unintended downtimes.
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Emitdama
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November 24, 2020, 09:03:51 AM |
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Which criteria you have used for giving away these nominations? Kraken is an average exchange and I prefer to use Binance or Bitstamp for monthly transactions to a bank account. Poloniex lost the market share after the 2018 crash and they slowly die.
Anyone can use their own criteria but honestly there is no better exchange in my opinion than Binance because I have never encountered any problems and yeah I have used Kraken it is good no doubt but I prefer Binance user interface over any other. It is easy to navigate and using an exchange mostly requires you to have easy navigation so if my choice is asked, it is Binance without a doubt. Poloniex used to be so good but I don't know why interest from users dropped so much towards them maybe because they listed some bad coins or what, I am not sure and other exchanges like cryptopia already have scammed/hacked so there are not many options left.
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LeGaulois
Copper Member
Legendary
Offline
Activity: 2912
Merit: 4101
Top Crypto Casino
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November 24, 2020, 10:36:27 AM |
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Perhaps you forgot or didn't know. But when you say "always working" it is worth remembering that Kraken had encountered serious problems in the past when their trade engine was completely unusable, no action could be done, and at times it was even impossible to log in. Knowing that these recurring problems lasted several months. As for nominating Binance, I don't know if we can call it trusted when we know that there is wash trading on the platform and they hid it when they bought out Coinmarketcap and decided to rank platforms depending on web traffic and not volume Or when the site was hacked. I guess you are not aware that Kraken have been attack by hackers.
Where have you seen Kraken has been hacked? Source or it didn't happen.
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Sirait
Full Member
Offline
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
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November 24, 2020, 11:00:34 AM |
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~snip
^ I don't know what comparison you used to get this nomination out. So far I feel Binance is the best-centralized exchange, I sent one of the tokens to my personal wallet several times but no withdrawal fee is charged. IMO, Binance is the best.
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lixer
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November 24, 2020, 11:07:58 AM |
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Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!! So until I see polo and kraken good we are all good
Lol, how come crypto will suffer hard just because two exchanges polo and kraken goes down? This is not 2010, when Mt. Gox was hacked, there are a lot of exchanges around and polo and kraken volume is not that huge to affect cryptocurrency as a whole. So stop with this baseless accusations, there are DEX around if these CEX suffered from hacks or breach or unintended downtimes. Yeah right but actually if any of these giant exchanges actually go down as hacked or scammed then it would create a deep impact on the market as the coins are then sold and these exchanges hold massive amounts of coins so it actually will impact the market. I know it is won't be like MtGox and whole market will not crash but still there be a significant enough damage done. I have used Poloniex, Binance and Kraken all three and none of them is bad but because of the aura Binance has now it becomes the best choice for anyone. I was also reading around FTX as they offer some cool features but not sure how it works and still learning more about them everyday.
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MellowD
Jr. Member
Offline
Activity: 106
Merit: 2
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November 24, 2020, 11:14:46 AM |
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I´m a Crypto Lender and Binance give only 0.52% APY for Bitcoin so its not the best
Now maybe some People want to kill me but I say: Bitfinex is the best. Sure they had Problems in the Past..but I´m there since 2015 and never had Problems. And they are Owner of Tether so they should not have Money-Problems. Finally I get 5,5% APY for Bitcoin there, best Rate.
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blckhawk
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November 24, 2020, 12:11:05 PM |
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I used to trade on Poloniex way back in 2017 and it was undeniably good but as soon as I met Binance, it became my top and bias exchange among other exchanges. Binance was known to be one of the best exchanges in this industry, upon my time using it I have never encountered any issue yet, the security was good, it has the highest volume and it got a good reputation. Besides, it was very convenient and user-friendly unlike any other centralize exchange that is hard to navigate.
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