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Author Topic: Which exchange do you use???  (Read 571 times)
repear7
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February 21, 2021, 04:40:58 PM
 #21

Actually i like binance. But recently i started trading on probit and mxc. The reason is all my favorite coins not listed on binance. I always prefer binance as number one exchange but, i also use other exchanges for deferent currency.
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February 21, 2021, 05:02:21 PM
 #22

I mostly use Huobi Global as it has a lot of good coins with great potential, and I never had any problems there in terms of withdrawal and deposits
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February 21, 2021, 09:49:58 PM
 #23

Binance.

You search through the forum's thread not on this section but also in altcoins, you'll see many people telling that they are using Binance. It is the most common exchange today.

And its token is also surging made them even more popular.

I believe it is because people are confident to even store their coins in this exchange.
They have SAFU in place, so you have no worries if anything goes wrong in their exchange.
Even me, I don't worry storing my coins for certain period of time, when, I am waiting for the right time to trade my coin.
And I guess, a lot of traders have the same trust on this platform.
But I am also using some smaller to medium exchanges, as there are some coins you can't find in binance.
Yes.

They've proven to be a reliable exchange in times like unexpected scenario came to happen. It had given confidence and trust for many users worldwide because of how they've handled the hacking that happened to them.

It's okay to use smaller exchange for smaller trades but before depositing on those, you do your research.

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February 21, 2021, 10:22:32 PM
Last edit: February 23, 2021, 12:34:07 AM by seleme
 #24

Gate.io and Binance do the all job for me as the main crypto exchanges, for some altcoins which have not listed on the popular crypto exchanges, I will go to dex and buy/sell there. In the end, it is a personal preference to choose the main exchange for both margin and spot crypto trading. The additional rule is to not put all eggs in one basket. Kucoin is not good for my trading strategy and the fees are not trader-friendly too, IMHO.

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February 22, 2021, 04:00:33 PM
 #25

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???
i've been using binance for a year and i feel great about binance. such as volume, price and good coin potential. I will always use binance for this until a new exchange is better than Binance
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February 22, 2021, 04:06:18 PM
 #26

I never experience anything other than finance because this is one known kind of exchange right now also if you are a small-time investor you doing need to proceed to their KYC because if you are doing less than 2 BTC you don't need to comply also there are a lot of security features one of the favorites I want to them is the weekly update of the news even though I'm not active on the market they keep updating me.

I'm open to learning other exchanges but for now, I focus on the binance.
Been using different exchanges before but ends up forgetting or not being able to monitor them all at once. It is better to focus on one exchange if will do trading and have a certain  wallet or hardware wallets to keep some holdings.

But due to some issues or lag from Binance due to bulk volume of users it will be advisable to still have extra exchange like kucoin at times like this when our main exchanges experience down system.

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February 22, 2021, 04:09:49 PM
 #27

most of times, the exchange that are you're using it is based on your country. likewise, mostly of european user will use kraken for directly buying with bitcoin (since they accept SEPA bank transfers).
Others exchange listed are a good choice since they have a very large volume/ user-base, but these are not my choice if I want to exchange fiat-crypto.
Different situation, If I am looking for a crypto-crypto exchange.
I will suggest also to take a look on Poloniex and Bittrex since these are other two big players of the market.

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February 22, 2021, 04:19:56 PM
 #28

~
Only Binance.
I still don't have any reason to use other exchanges like Bittrex unless there's price that I am looking for then the list will go down forever except for crappy exchange because who would obviously trade their actually.
I had my rough experience as a newbie in Binance but it was my stepping stone that I never stepped on because of...personal stuffs.
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February 22, 2021, 05:52:52 PM
 #29

Binance is very best exchange. And now there coin are also reached top 3 position due to large use of binance smart chain. Binance has low fee with some great features for users. Staking in binance is very advance. P2p trading support almost all local bank transfer.
Other exchange are also very useful but binance is top 1.

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February 22, 2021, 06:11:43 PM
 #30

I use Binance and sometimes I would also use DEX it would really depend on what kind of crypto I would trade which trading site I could use to buy it and trade it.
But I usually stick to Binance because I have a huge trust on them and I feel comfortable with them.

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February 22, 2021, 06:18:31 PM
 #31

Actually i like binance. But recently i started trading on probit and mxc. The reason is all my favorite coins not listed on binance. I always prefer binance as number one exchange but, i also use other exchanges for deferent currency.
For sure, even I have to bought some tokens from other sources like uniswap when I cannot find the token on binance. One problem I see on decentralized exchange now days is the big fees we have to pay for each transaction on ERC20 and it is not going to be solved anytime soon either.

I mostly use Huobi Global as it has a lot of good coins with great potential, and I never had any problems there in terms of withdrawal and deposits
Do they require KYC for withdrawals? Just asking for my own reference in case I want to try them in future.

Gate.io and Binance do the all job for me as the main crypto exchanges, for some altcoins which have not listed on the popular crypto exchanges, I will go to dex and buy/sell there. In the end, it is a personal preference to choose the main exchange for both margin and spot crypto trading. The additional rule is to not put all eggs in one basket.
Haven't heard about gate.io much before today but looks like there are some good exchanges in the market and I was so conservative about exchanges after the cryptopia issues that I never trusted new exchanges again.

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February 22, 2021, 06:27:03 PM
 #32

I use all the exchanges you give for special needs. Because all traders often have their favorite coins found on one exchange and not on another exchange, traders move to another exchange to trade their favorite coins. And I haven't had any major problems using their exchanges.

But now I am using binance exchange for some extra benefits. I am using binance now because my favorite coins are available in binance, so I can easily trade my favorite coins.

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February 22, 2021, 07:09:27 PM
 #33

1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc


Honestly speaking i use all of the exchange. But for some time when need. But most of the time i always try to preferred me Binance and kucoin for my Daily uses. Well, i loved binance soo much for its simple and user-friendly interface and also binance has the lowest fee than other centralized exchange in Your list. Also binance is T1 exchange. A crypto projects always trying to list their project on binance. Because they know binance could be make their project more successful. Also they know all binance users believe binance. And they invest all project by the trust of binance. Plus its secure. Instant payment service.  That is why i loved it.
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February 22, 2021, 09:35:57 PM
 #34

Indeed, for many traders, Binance is the only cryptocurrency exchange on which they conduct their work. But I can not do in my work without such exchanges as MXC and HOTBIT, where new coins appear at an affordable price. And after these new coins are listed on major exchanges, the price of the coin increases several times, bringing investors a significant profit.

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February 22, 2021, 09:43:06 PM
 #35

~snip~
I will suggest also to take a look on Poloniex and Bittrex since these are other two big players of the market.
I have good experience with both of these exchanges platform and I had no problem until such day I decided to stop for a while in trading. When I heard about Binance that they had a safe fund for their users, I transfer to them and until now I remained there because I know it feels safe and comfortable knowing that your fund is in safe hands plus the security measures.

I guess, most traders now are preferred to used Binance, unless if your country isn't restricted on Binance.

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February 22, 2021, 10:27:32 PM
 #36

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???
Currently I'm making use of binance like you, cause it undoubtedly the best crypto exchange right now, I make use of binance cause there's enough liquidity, also many pairs and not just that, the user interface is pretty cool seems kinda easy to navigate around for a newbie, have never made use of Okex, Huobi and Gate.io, I have used kucoin its also a nice exchange, but binance is still the exchange I prefer trading on cause it has more liquidity.

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February 22, 2021, 10:37:47 PM
 #37


Currently I'm making use of binance like you, cause it undoubtedly the best crypto exchange right now, I make use of binance cause there's enough liquidity, also many pairs and not just that, the user interface is pretty cool seems kinda easy to navigate around for a newbie, have never made use of Okex, Huobi and Gate.io, I have used kucoin its also a nice exchange, but binance is still the exchange I prefer trading on cause it has more liquidity.

I have the same sentiments here. I am using both binance and kucoin. But I still prefer to use Binance over kucoin. Maybe, because Binance has insurance in place, which I feel safe and secure for my funds. Also, the trading is not so complicated with binance, unlike kucoin, you need to transfer your funds to your trading account and then transfer it again to your main acct if you want to withdraw. In binance, it is pretty straightforward. But anyway, so far, I can only vouch for these 2 because never used those other 3 exchanges.
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February 22, 2021, 10:45:08 PM
 #38

Have been into cryptocurrency for the past few years and have tried different exchange but I believe one of the best exchange in the world is binance. Have used different exchange but I don't think i can compare any exchange with binance in terms of everything!!! Kucoin is also a nice exchange which I can personally recommend everyone to use but it can't be compared with binance. Binance is easy to use, you can deposit and withdraw directly to you local account without stress, you can easily sell or buy bitcoin, Ethereum, usdt and bnb using p2p, trading is very easy and fast, all the coins there are coins with good future and you won't see shit coins there.

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February 22, 2021, 10:58:04 PM
 #39

I have tried different exchanges and the best one that suits my needs as a trader is Binance. There is no better alternative for me because of the cheaper fees depending on the volume of the trader, the other exchange can charge up to 0.5% per trade which is very high for small traders like me. The safety rate is also important to factor if I choose the new crypto exchange.

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February 22, 2021, 11:05:07 PM
 #40

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???
I too use Binance and also at time use Kucoin. I don't particularly like Kucoin so much as the liquidity is not always there, but can be used as a second platform.
Gate.io is also not bad, but I do try to keep to standard exchanges and Binance is my to go exchange.
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