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Author Topic: Best Exchanges Nowadays  (Read 710 times)
Ben Barubal
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April 29, 2024, 08:33:14 PM
 #41

I don't know why so many people say Coinbase, you know it only serves probably the most limited of all exchanges? That means more than half of this forum can't even use them.

If Binance is available at your place then, it’s the perfect place to trade. It has good user interface and the almost all the coins are listed here. 9 out of 10 customers use Binance and it’s very famous for its quick user interface.

Binance is almost available everywhere until recently and IMO still the one that majority can access.

Always hated Binance but can't deny it's the most useful for newbies in most countries. Don't know about 9 out of 10 but it's the biggest exchange for a reason.

     We can really say that it is a huge exchange and also a great help to communities here in the crypto space in terms of convection into fiat. So here in our country, we have recently had a problem because the Binance website is locked in our country, but the Binance apps are still accessible.

     It seems a bit late and tentative if Binance can continue the operation as a complete one as usual if our SEC gives our SEC permission to operate it legally. So for now, besides Binance and Bybit, this is OK with what I have used so far.

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April 30, 2024, 12:53:22 AM
 #42

(....)
     We can really say that it is a huge exchange and also a great help to communities here in the crypto space in terms of convection into fiat. So here in our country, we have recently had a problem because the Binance website is locked in our country, but the Binance apps are still accessible.

     It seems a bit late and tentative if Binance can continue the operation as a complete one as usual if our SEC gives our SEC permission to operate it legally. So for now, besides Binance and Bybit, this is OK with what I have used so far.
Our country can relate here, Binance which is the most popular exchange around the world and it has the biggest volume and it is being attacked by our government also. Right now, we really have a big issue between Binance and our country, because the country is telling us not to use Binance and they are banning it but Binance is not aware of or acknowledging it, so we, users will have some confusion.

So right now, selecting good exchange must be suit with you, always check regulations in your country and always read terms and conditions of the exhcange.

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April 30, 2024, 08:21:04 AM
 #43

Once I used Bittrex and Poloniex as my first option to trade over any other. These were known as one of the renowned ones but Bittrex has already shut them down and the other one is hardly continuing. They were old giant but no longer, time changed the scenario and it happened after the popular exchange Binance's launching. From then till date, I have shifted to a few other alternatives but haven't stick to any of them after the FTX incident, lately, I have some faith in Bitget, Bybit, Kucoin, Gate etc. which operating smoothly although using Bitget mainly after the Kucoin money laundering crisis due to the reasons that they have additional User Protection Fund besides Reserve Fund.
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April 30, 2024, 10:51:18 AM
 #44

Our country can relate here, Binance which is the most popular exchange around the world and it has the biggest volume and it is being attacked by our government also. Right now, we really have a big issue between Binance and our country, because the country is telling us not to use Binance and they are banning it but Binance is not aware of or acknowledging it, so we, users will have some confusion.

So right now, selecting good exchange must be suit with you, always check regulations in your country and always read terms and conditions of the exhcange.

All CEX will get attacked if they don't comply, it's as simple as that. Binance will be regulated and I think are already getting licenses in the last few places they're not chased out of. For example exited UK but now back in.

Don't get me wrong not supporting Binance I always said I dislike them but it's still a better fit to ask people to use it as a first exchange rather than Coinbase. Binance never held people's funds YET, while others already did.

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May 19, 2024, 11:49:42 AM
 #45

Like I said, I prefer Binance, because the signals and the understanding of Binance interface, and Trading is more preferable for me, and I always understand any trading platform that look like Binance and the dashboard how it is and how the coins been listed it’s more understandable for me so I like when I used by Trading, so other ones are also better but I am just giving my own opinion Binance is good so I prefer using Binance a lot or sometimes I use Bybit



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May 19, 2024, 01:01:40 PM
 #46

if you work as a trader or investor I think it make sense to choose the pair with most liquidity coming from various exchange, limiting yourself to one exchange just means that you limited yourself to opportunity, with abundance of liquidity means there's easier way you can trade and invest without worrying much about the price difference being too wide compared to the other exchanges also the pair with most liquidity usually are the ones that dictates the price.
the most popular in my opinion is binance, whatever coin listed there always having so big liquidity and sometime the difference in liquidity is so wide too compared with lesser liquid competitor that binance is having.
other alternative such as OKX and so on.
but you can settle well with binance since they also have various events and programs that helps trader earning aside from the profit they get.

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May 20, 2024, 04:22:59 PM
 #47

I think my best exchanges are Binance, ByBit, and OKX.

But I've been exploring different exchanges lately, and I came across this really helpful site with list of exchanges: https://cryptolinks.com/cryptocurrency-exchange .

It helped me find the right exchange for my needs.

Definitely worth checking out if you're looking to switch or find a new exchange.
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May 20, 2024, 06:00:50 PM
 #48

Binance, ByBit, Kucoin you can trade in these exchanges very easily, you can start your trade by looking at the minimum deposit here. Moreover, we know that currently the most popular and convenient exchange is Binance, you can easily trade here in your local currency through p2p. I currently use these three exchanges I find them to be the best and very easy to trade here, and they are the top exchanges. So I will suggest you to use these top exchanges for trading and p2p transactions, you can easily make your trade successful. Moreover, if you use these exchanges, there will be no risk, rather you will not face fraudsters, so it will definitely be good for you if you follow their rules and trade here.

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May 20, 2024, 07:45:50 PM
 #49

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!

Hi. Can you define "better" ?
For me, "better" means non-KYC, but for other people "better" may mean something else, so it would help to know what you don't like with Coinbase and Kraken since these 2 are arguably the largest exchanges, so...
I think that's the best means to put it. Where you can handle all your business  without having to upload all your concerns to a third party. Very few exchanges operate on these terms and in most cases, they aren't KYC free, they just attach limits to certain level of verification.

I think one exchange that is been advertised at the moment is the Peach. You might check it out if you will. I wasn't asked for KYC document and it comes with very simple steps to its creation. Mind you, be sure to follow through on the steps on how you can fund and sell your coins successfully. A memo would be available for briefing if you will.
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May 20, 2024, 10:33:23 PM
 #50

Binance, ByBit, Kucoin you can trade in these exchanges very easily, you can start your trade by looking at the minimum deposit here. Moreover, we know that currently the most popular and convenient exchange is Binance, you can easily trade here in your local currency through p2p. I currently use these three exchanges I find them to be the best and very easy to trade here, and they are the top exchanges. So I will suggest you to use these top exchanges for trading and p2p transactions, you can easily make your trade successful. Moreover, if you use these exchanges, there will be no risk, rather you will not face fraudsters, so it will definitely be good for you if you follow their rules and trade here.
About Binance, maybe some users here don't know that Binance is being targeted by the regulators.
Check your country and news there if Binance have been restricted or ban there because you trying to access the website might punish you.
I use them though but I just want to warn those members that are living in the countries that have an hot eye to Binance.


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May 21, 2024, 06:28:27 AM
 #51

1. Since I see Binance being mentioned here, I must say I was never - ever - ever able to understand the UI / UX of the platform.  Yeah, I know, I may be lazy, but I feel like the exchange is so full of information, that I can't always find what I need.

Note:  I don't use it currently - it may have changed

2. If you want to use a CEX, give a try to some exchanges that are Bitcoin only. I am only aware of a few that work in Europe, but I am sure you can find some of these anywhere in the world.

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May 22, 2024, 06:42:22 AM
 #52

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!

Just look at the top exchanges on Coingecko or CoinMarketCap and just shop from the ones that appear; for sure, you will find something suitable for what you want and the criteria you are looking for. Actually, there are many trusted exchanges, one of which is Binance, which is the most popular exchange in the crypto business industry. 

And the others are Okx, Bybit, Bitget, Bitfinex, Bitmark, Crypto.com, and maybe just choose from this link that I will give you OP so you don't have much difficulty in your choice as long as the top 20 https://www.coingecko.com/en/exchanges



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Rainbot
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May 23, 2024, 05:43:52 PM
 #53

Binance, ByBit, Kucoin you can trade in these exchanges very easily, you can start your trade by looking at the minimum deposit here. Moreover, we know that currently the most popular and convenient exchange is Binance, you can easily trade here in your local currency through p2p. I currently use these three exchanges I find them to be the best and very easy to trade here, and they are the top exchanges. So I will suggest you to use these top exchanges for trading and p2p transactions, you can easily make your trade successful. Moreover, if you use these exchanges, there will be no risk, rather you will not face fraudsters, so it will definitely be good for you if you follow their rules and trade here.

I have tested most of this exchanges and I love one thing about Binace which are quick update with anything new regarding any coin and withdrawal fees. Binance implemented segwit right before other exchanges upgraded their wallet, they didn't just do that for Bitcoin, they have it in Litecoin as well; If not that taproot isn't that popular yet, they would have done the same, the minimum deposit is small and withdrawal fees are small unless if the network is beyond what they can't handle for you.

I rated kucoin above Binance and others then but because they mandate all traders to verify their accounts, they join the government anti crypto space and I don't like them again. Bybit also did similar thing and the worst of their network is that they are still stuck with legacy addresses that will suck a lot of fees both in making deposit and withdrawals. Overall, I still prefer Binance but all these guys are too centralized for my liking.

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May 23, 2024, 11:09:06 PM
 #54

At first, I thought this thread was about BestChange, which just recently closed their signature campaign after running their platform for 4.5 years. It turns out the OP is asking what we think is the best exchange. In my opinion, like the responses of others, it's Binance. I've been in the cryptocurrency industry for around 8 years and I've never had any problems with Binance since I started using it. It's also very easy to use. That's why I can really say that they are the best exchange for me. Bitget is something similar to Binance. I mentioned Bitget because right now it is my alternative once Philippines will ban Binance in near future.

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May 24, 2024, 07:29:14 AM
 #55

At first, I thought this thread was about BestChange, which just recently closed their signature campaign after running their platform for 4.5 years. It turns out the OP is asking what we think is the best exchange. In my opinion, like the responses of others, it's Binance. I've been in the cryptocurrency industry for around 8 years and I've never had any problems with Binance since I started using it. It's also very easy to use. That's why I can really say that they are the best exchange for me. Bitget is something similar to Binance. I mentioned Bitget because right now it is my alternative once Philippines will ban Binance in near future.

Bestchange itself is not an exchange, is it? As far as I know bestchange is just like a place to find the best exchanges based on user's preferences. Anyway, talking about which one is the best exchange, I think I have to agree that Binance can be considered as one of the best. As long as I know, most traders also has their own favorite local exchanges. If you have bitget in your country, we have indodax and tokocrypto in Indonesia. These 2 exchanges are the most used exchange in my country because Indodax can be said as the first Indonesian exchange while tokocrypto is also known to be owned by binance.
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May 24, 2024, 07:55:08 AM
 #56

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!
If you come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.

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May 24, 2024, 08:29:05 AM
 #57

This forum has many places to trade first you need to decide where you want to trade. You need to decide first whether you want to trade bitcoin or alt coin. If you want to do bitcoin then definitely you can get a lot of profit with bitcoin.  And if you want to trade alt coin of course you can trade alt coin on Ethereum. You can trade on Binance if you want. You are a newbie so I would like to advise you that whatever you trade before trading you must gain enough knowledge about the trade if you gain enough knowledge about it then you will get proper success from this trade in future.

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May 24, 2024, 10:21:51 AM
 #58

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!
If you come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.

OP said he is using coinbase and kraken which means he has no problem with KYC.

It can be said that among all the centralized exchanges , Binance is the best and most reliable despite recent incidents . Coinbase and kraken are the top 2 exchanges in the US and I think they're not too bad to use , but if the OP wants to find something better I'd still recommend Binance .

But there is a note that , even though these centralized exchanges are reputable and trustworthy , that doesn't mean they'll never collapse . So use them for what they were created for , which means CEX is only for buying, selling and exchanging . We should not misuse and abuse them such as using them to store our bitcoins or crypto assets .

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May 24, 2024, 11:04:14 AM
 #59

If you come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.
All exchange are require with KYC regarding the government regulation and the exchange market won't their operation close if not adopt KYC for their all costumer. Currently has Kucoin not require with KYC but recently needed verifying account by uploading document ID if want trade or make withdrawal at Kucoin exchange.
For all local exchange are require KYC behind government regulation, I think for best exchange require KYC is not much problem because to make our account keep safety when some time got abnormal activities we can re KYC and our assets keep secure at the exchange market.  Binance have adopted this rule when abnormal activities require with resubmit KYC and protect our account or our assets keep secure in the exchange wallet.

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Mr. Magkaisa
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May 24, 2024, 04:26:51 PM
 #60

(....)
     We can really say that it is a huge exchange and also a great help to communities here in the crypto space in terms of convection into fiat. So here in our country, we have recently had a problem because the Binance website is locked in our country, but the Binance apps are still accessible.

     It seems a bit late and tentative if Binance can continue the operation as a complete one as usual if our SEC gives our SEC permission to operate it legally. So for now, besides Binance and Bybit, this is OK with what I have used so far.
Our country can relate here, Binance which is the most popular exchange around the world and it has the biggest volume and it is being attacked by our government also. Right now, we really have a big issue between Binance and our country, because the country is telling us not to use Binance and they are banning it but Binance is not aware of or acknowledging it, so we, users will have some confusion.

So right now, selecting good exchange must be suit with you, always check regulations in your country and always read terms and conditions of the exhcange.

         -   You are right when you say that this is mate, as long as we can use the exchange that is also a bit loose in the country we are in. The risk is also quite high when an exchange is not accepted in a country. So for the meantime, Okx, Bybit, Bitget, Mexc, these are just a few that can be used in my country.

Then coinmarketcap is there to know the top 10 exchanges so that somehow we can choose a good exchange in this field industry.

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