Best Exchanges Nowadays

[Peanutswar]

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

Tons of exchange already shows in the market to promote theirs, it depends on your preferences and also ideally to check if your country supports the exchange you've looking for, I'm using Binance, Mexc, crypto.com and kucoin I used different exchanges depending on the coin I want to trade in spot and even in futures, also if what coin is ideally to make a withdrawal and quick deposits.

You can also seek an exchange that is supported by your country most of those are more convenience to use.

[shield132]

I think that Binance is the best exchange nowadays if the fact that it's centralized doesn't bother you. If it bothers you, then you should move on DEX.
From CEX I have only used Binance and to be honest, compared to other exchanges, Binance offers you the most financial products to earn money by stacking, liquidity providing and etc... If you want to trade with as many coins as possible, then PancakeSwap, Bitget, KuCoin, HTX and some others will be a good option for you.
Btw when using Binance, keep in mind that when there are sudden crypto crashes, Binance crashes too and you aren't able to use their platform because their servers gets overloaded.

[Pandu Geddon]

I think that Binance is the best exchange nowadays if the fact that it's centralized doesn't bother you. If it bothers you, then you should move on DEX.

if the goal is to day trade I agree with choosing Binance. Yes, of course, provided that Op has no problems carrying out KYC. We know that some traders or even investors in the crypto market also don't like CEX because of the request for KYC verification for each member.
but until now there are quite a lot of people who certainly don't bother with KYC and they can enjoy trading on exchanges like Binance.

actually, for beginners in trading, it will be more comfortable with a local exchange in their country. Apart from that, receiving fiat and registering an account or communicating with support will be smoother. but if you want the best right now, then I will stick with Binance for now.

[CryptSafe]

The taxation is on the high side though. If it is an indirect way to discourage Indians from using crypto currency, then I think it is not a good one because they would end up frustrating the exchange which already they have started doing and from what you have said, Indians no more use  exchange for trading and I believe it is as a result of the taxation levied on them.

This action by the government would discourage local exchange from growing and also the people would seek for another alternative means of doing Crypto transactions and the government would entirely lose out from the tax they receive.

If that situation happens then their local exchange will not survive. and the result is that they will go bankrupt if no members trade or use their services.
If taxes are deemed too high, why can't negotiations be carried out between the government and business players in the industry? I think if we talk about it, they will find a middle ground that is beneficial for both parties.
however, people will be comfortable using local exchange platforms with instant withdrawals to their bank accounts. but if there is a problem of high taxes, they will use large exchange platforms like Binance for trading. Meanwhile, for withdrawals to bank accounts, many people may choose to use P2P.

The taxation is quite on the high side though but I just think it is a measures by the government to piss of Crypto enthusiasts from carrying out Crypto transactions and this would affect the exchange as well because they are the ones that would be at loss because they have spent so.mhch funds in building their business brand in that country but looking at it that the way, the government seems to be frustrating them for no.kust cause.

I think a p2p system would be their next resolve if the local exchange decides to act accordingly with the government policy. This would cause a decline in the use of Crypto exchange over there, forcing members to resort to using a p2p platform which they are very much sure of.

[slaman29]

And Binance has always paid out all customers even when exiting the country. This was seen in UK and other Europe countries.

And if you know how to use location access it can still progress

I'm still using Binance exchange despite banning in our country and I see a lot of our countrymen still using this until now.
Wherever we are, it is very important to choose an exchange that shows positive and truthful reviews, not scripted and paid reviews. It is very important to listen to what people are giving advice but I believe that OP has the right to choose which exchange he/she feels better and what is "better" means for him/her.

For me, I'd never pay attention to new exchanges but rather choose the old because these exchanges have already (good/bad) stories and transactions that can be the basis of our selection.

Don't care about the reviews, it's the personal experience of me and others, and as I mentioned above, not once incident where they didn't pay out. That itself is golden to me.

We all made the mistakes so newbies don't have to. I don't trust new exchanges either, time is the best indicator of what to use. One day Binance will die, we'll see who has been around as long as they have now.

[Suman1]

We have various other alternatives, you can consider using them. I'll personally recommend Bybit, Bitget etc. cause they have a good track record in the market and haven't experienced any security breach or even been compromised at all, in fact Bitget is extra preferred due to its Users' Protection Fund which is 2nd layer of safety in terms of safeguarding users' assets. Safety is the highest concern and those exchanges that prioritize it can gain extra attention.

[Mahanton]

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

I do remember BTC-e into those early years and ended up miserably and other exchanges that closed its doors. So far as of this moment which Binance is considered to be the best, if not then its one of the best platforms out there if we do speak about centralized exchangers. Same goes with Kucoin and OKX. You would really be the only one who would really be searching up on what platform you would really be that tending to deal with.
Somehow, we shouldnt really be that still that forgetting that storing up coins on exchange platform is never been recommended. Exchange hacks and legal issues and other stuffs could really happen.
This is why it would really be best that not storing up that huge amounts on exchange platforms on which its always been that a main golden rule.

Exchange ranks and popularity do come and go, the good thing now is that we do able to see tons of options that we could really be able to choose from.
Always stick into those known ones and popularity and credible platforms.

[pinggoki]

Binance, ByBit, and OKX is my choices but now that Binance is banned here in my country, I've been using ByBit now and so far, my experience with it is just so good that it would probably be for the best that I'm going to be using that exchange for trading and they also have this challenges for you to do like trading at X amount or deposit X amount and you'd be rewarded with a USDT. It's a good place to start over because everything you need is already sorted out.

[Webetcoins]

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

CoinBase was good enough even then if you want to shift I think you can explore Binance and also the kucoin these two cex are going good now. I already used to with Binance for my trading and have know issues. Even then I want to say that always be careful and updated when you used a cex.

I do think that those are the best ones, those three are the biggest crypto exchanges that people use and I suggest that anyone who wants to start trading should look for those. Binance is obviously the biggest one, but if you are American then they had a lot of trouble there, which I think would not be all that bad, I think it would make sense for people to stay away from Binance if they are living in the USA, so in that case Binance is out of option and Coinbase would be better, we are talking about something that has its stock in the stock market, so Coinbase is as legit as it gets for Americans.

Kucoin is the third option if either is not available for you, or not convenient, because Kucoin is basically those two, in a little smaller version.

[Oneandpure]

I think that Binance is the best exchange nowadays if the fact that it's centralized doesn't bother you. If it bothers you, then you should move on DEX.
From CEX I have only used Binance and to be honest, compared to other exchanges, Binance offers you the most financial products to earn money by stacking, liquidity providing and etc... If you want to trade with as many coins as possible, then PancakeSwap, Bitget, KuCoin, HTX and some others will be a good option for you.
Btw when using Binance, keep in mind that when there are sudden crypto crashes, Binance crashes too and you aren't able to use their platform because their servers gets overloaded.

I make Binance as my primary exchange market for trading as short term way but for holding assets priority hold it in wallet than exchange wallet, Binance not got problem yet with trading fees or withdrawal and smoothly process every time withdrawing fund from binance wallet to exchange wallet. Binance list many kinds of altcoin and make us have opportunity trade with altcoin has much volume transaction than other exchange get small volume transaction and take longer time with our buy or sell order.

I like participants with Binance launchpool by staking BNB earn new launchpool coins and always have two until three new coins on launchpool every month, interested of Binance exchange because they have new partner and giving opportunity for BNB holder to earn new coins trough launchpool way.

[Fara Chan]

Binance, ByBit, and OKX is my choices but now that Binance is banned here in my country, I've been using ByBit now and so far, my experience with it is just so good that it would probably be for the best that I'm going to be using that exchange for trading and they also have this challenges for you to do like trading at X amount or deposit X amount and you'd be rewarded with a USDT. It's a good place to start over because everything you need is already sorted out.

So far I have also used ByBit and OKEx apart from my own local exchange which also guarantees comfort and security, but I also still use Binance even though the application itself is no longer visible in the Playstore on my smartphone. Because the three exchanges you mentioned are actually exchanges that are good enough to rely on for several things, including trading, because Binance itself also has many unique features and is quite helpful for its users for certain things.

[Cryptoababe]

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

I would advise you to stick to these two exchanges. They have been around for a long time, and they are both safe. I don't use either of the two, but so far, I've been seeing them as top exchanges based on the different kinds of news and other information related to crypto exchanges.

[Cryptoababe]

Binance, ByBit, and OKX is my choices but now that Binance is banned here in my country, I've been using ByBit now and so far, my experience with it is just so good that it would probably be for the best that I'm going to be using that exchange for trading and they also have this challenges for you to do like trading at X amount or deposit X amount and you'd be rewarded with a USDT. It's a good place to start over because everything you need is already sorted out.

Yes, Binance, Bybit, and OKX are good. But what about Bitget and Gate? These two exchanges have lower trading and withdrawal fees than most exchanges. They are also as transparent as others. And at times, one of these two exchanges leads in open interest value.

[Volimack]

Among the exchange sites Binance, ByBit, seems to me the best. Known for its wide selection of trading options and features Binance offers its users a wide selection of cryptocurrencies to trade with low trading fees. As a decentralized exchange Binance aims to provide a powerful trading experience for its users. If you are a medium level or heavy trader then Binance is best for you.

[Essential10]

Binance, ByBit, kucoin are the exchange sites I use, so far I have not faced any problem here. Although many trade on sides of  exchanges like Kraken, Coinbase, Bitfinex. I don't trade and I don't want to ride here. There are various exchange platforms in the market, I find Binance Exchange to be a good fit. Most people in the world use this exchange. But the rest of the exchanges are good they are in the market and survive. But in terms of trading, know well about the platform you will be trading on.

[kentrolla]

Among the exchange sites Binance, ByBit, seems to me the best. Known for its wide selection of trading options and features Binance offers its users a wide selection of cryptocurrencies to trade with low trading fees. As a decentralized exchange Binance aims to provide a powerful trading experience for its users. If you are a medium level or heavy trader then Binance is best for you.

Binance has always been the most preferred exchange for those who do frequent trading and also it offer wide range of pairs hence Binance will stand at the top but I would prefer Bitget instead of Bybit since I felt the user interface in Bitget is better than Bybit and Bitget is getting more tractions everyday due to its user friendly moves and policies.