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Topic: 8 of the best Binance alternatives (Read 539 times)

hero member
Activity: 1442
Merit: 521
No more Rekt and Bust
January 26, 2020, 09:02:47 AM
#74
As an crypto exchange alternative, Bittrex does not suit my needs. I had a bad experience with Bittrex due to the delisted altcoins. The low volume altcoins lose its credibility because of the low demand by crypto day traders. KuCoin has also variety of altcoins for trading but it cannot beat Binance.
full member
Activity: 1498
Merit: 129
January 26, 2020, 10:21:21 AM
#73
Coinfalkon is not the best exchange you mentioned because they only have 10BTC for volume, so this is far from the best exchange in my opinion. https://coinmarketcap.com/exchanges/coinfalcon/
To be honest, I only heard about this exchange now that you mentioned it in this thread.
I don't think because they have a low trading volume, they can be said not to be a good exchange. Latoken have huge trading volumes but it is no more news that Latoken is a worst exchange and cancer to cryptocurrency at large. A few years ago, research was conducted and posted somewhere on the internet revealing how many of the exchange platform fake trading volumes in order to make them ranked high on coinmarketcap. If you check the list of the top10 exchange platforms on coinmarketcap, you will realize that half of them are not decent exchanges. This is because coinmarketcap criteria for ranking my not be adequate to justify that they are decent exchange. In fact, they are being ranked based on the daily trading volumes when we all know that those volumes might not be real. We have seen in the past whereby AI is being used to anonymously boost trading volumes on exchange platforms. Well, I have not to use coinfalkon or visited their site before but I just wanna say volume might not wholly determine the best platform
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
January 26, 2020, 09:13:48 AM
#72
I like bittrex,Kucoin,Hotbit,cointiger most. There are other good exchanges beside this one but I personally used these exchange for trade so I can say that these are some top exchange right now.
I have never used cointiger, so I cannot evaluate this exchange as accurately as possible. But at the moment, Bittrex, Kucoin, Hobit are not the best choice. These are the worst exchanges in this market and very few people use it, I used to use these exchanges and I abandoned them soon after, too badly compared to other exchanges.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
January 26, 2020, 09:00:28 AM
#71
I don't think that bittrex is good enough at the moment, so I might filter out some of the exchangers that you mentioned, so from the 8 exchangers mentioned, it's likely that exchangers that could be alternatives to binance are Okex, Kucoin, and Huobi. it is an exchanger that I often use, and for some other exchangers that are mentioned are quite foreign to me.
I think that those exchanges that were named in this list are not alternative at all. as a rule, they are used only because there are those services that are not on Binance or some coins that are not listed on Binance. An alternative is when there is the same thing but you just like it more. if on Binance would be all the same coins that are on Kucoin, then I think that no one would use Kucoin.
member
Activity: 728
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KUWA.ai
January 26, 2020, 08:36:09 AM
#70
I like bittrex,Kucoin,Hotbit,cointiger most. There are other good exchanges beside this one but I personally used these exchange for trade so I can say that these are some top exchange right now.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
January 26, 2020, 08:14:44 AM
#69
I don't think that bittrex is good enough at the moment, so I might filter out some of the exchangers that you mentioned, so from the 8 exchangers mentioned, it's likely that exchangers that could be alternatives to binance are Okex, Kucoin, and Huobi. it is an exchanger that I often use, and for some other exchangers that are mentioned are quite foreign to me.
hero member
Activity: 952
Merit: 513
January 26, 2020, 07:51:21 AM
#68
I wouldn't call these alternatives at all.

Most people use Binance because of the fact that they offer anonymous accounts (or at least you don't need to provide all the KYC and all that jazz) for people that comply with up to a certain limit of withdrawal per day (currently 2BTC, IIRC).

Bittrex and others used to do that but regulatory changes have forced most of the exchanges on the list to stop with that business model, but instead, shift to a model where all traders are forced to identify themselves before they can even place orders in the altcoin markets.

So yeah, not a great list in that sense. The rankings also seem very arbitrary.
sr. member
Activity: 1077
Merit: 250
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January 26, 2020, 07:13:01 AM
#67
We have to realize that good exchange changeable as time goes by, I wont stuck in one exchange and dont have favorite exchange
All I care is the exchange is good for the time and can let me trade well. that's all

Poloniex was best exchange in the past, it had high volume and many users. but the time has changed, it lost many users too
it also can happen in others exchange which is the best now, Binance.
jr. member
Activity: 140
Merit: 3
January 26, 2020, 04:46:53 AM
#66
The top 8 Binance alternatives are:
In no particular order!!! Smiley Important to note!

1. Bittrex
2. KuCoin
3. Kraken
4. OKCoin
5. OKEx
6. Coinfalcon
7. Huobi
8. Gate.io

What's your favourite exchanges? That are also fairly similar to Binance?

Find the full post here https://gocryptowise.com/blog/best-binance-alternatives/


I agree with the top you made as an alternative for Binance, less Coinfalkon, where the trading volume is not so good. Rather there, in the top, also enter Yobit, which is an interactive exchange. But any of them can ban investors from a particular country at any given time.
copper member
Activity: 658
Merit: 402
January 26, 2020, 02:50:04 AM
#65
If I going to choose as an alternative exchange for Binance maybe I will go with Bitrexx and this exchange was recommended by my friend. So far, I only have two exchange account which are Binance and Bitrexx but most of my trading activities are in Binance. Then, I have some plan to explore more exchanges because my goal this year is to learn more new things about trading and choosing good exchange or trading platform is one of the characteristics of a good trader.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
January 26, 2020, 02:04:36 AM
#64
You have good list but I prefer use Binance and Kucoin as my primary option and local exchanges near me to switch crypto into currency. That exchanges has good reputation and as users mostly we see from coin list, volume and KYC program. Binance become popular because have active promotion using IEO and competition, by the time they will pass all exchanges and become number one. If Binance want to combine or work together with another exchanges that have different platform that good for promotion.
well of the many exchange places they mentioned that only a few that I use because of the volume of coin price movements and the trust of the exchange place to be the main value of every existing exchange place, at this time I only use the Binance exchange to trade because in my opinion at the place Binance exchange can give you a lot of profit because it has a very fast price movement and there are many alternative coins that can make it easier for traders to choose their altcoin favorites.
sr. member
Activity: 826
Merit: 252
January 26, 2020, 01:04:23 AM
#63
You have good list but I prefer use Binance and Kucoin as my primary option and local exchanges near me to switch crypto into currency. That exchanges has good reputation and as users mostly we see from coin list, volume and KYC program. Binance become popular because have active promotion using IEO and competition, by the time they will pass all exchanges and become number one. If Binance want to combine or work together with another exchanges that have different platform that good for promotion.
hero member
Activity: 2100
Merit: 771
Top Crypto Casino
January 26, 2020, 12:13:36 AM
#62
I think many of use on here use Binance fairly often. And I think they are one of the best cryptocurrency exchanges in the world. Great trading volume, selection of cryptos, smart innovations like the SAFU fund, etc.
But I think it is important for beginners to experts alike to not get stuck using one crypto exchange only!

What happens if that exchange closes down, goes down temporarily, it is affected by regulations in your country (read Binance and the U.S), etc,etc.

So with that in mind we had a look into some of the best alternatives to Binance when it comes to crypto exchanges and made this list. Now it is hard to find a list of perfect cryptocurrency exchanges! And some of you might have had bad experiences with some of these. But overall these are some of the most popular exchanges with similar traits like Binance!

The top 8 Binance alternatives are:
In no particular order!!! Smiley Important to note!

1. Bittrex
2. KuCoin
3. Kraken
4. OKCoin
5. OKEx
6. Coinfalcon
7. Huobi
8. Gate.io

What's your favourite exchanges? That are also fairly similar to Binance?

Find the full post here https://gocryptowise.com/blog/best-binance-alternatives/

Not sure whether you should include Gate.io and Coinfalcon. I have not heard about Coinfalcon and Gate.io has been in the news in the past for wrong things.

Still Binance is the number one exchange in terms of volume and has the largest user base. You can also add coinbase to the list of exchanges.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
January 26, 2020, 12:10:38 AM
#61
That is so impossible mate. Binance has secured its reputation amongst the market and around the globe. I dont think they would close with abrupt reason. Can you imagine how CX aside from a number 1 exchange do a lots of donation on their Binance Charity? Many will protest if this exchangw will likely to close. The list is good but I dont see bithumb global on the list? One of also good exchange and huge volumes.
sr. member
Activity: 1428
Merit: 251
solidtradebank.com | 5%-15% Welcome Bonus
January 25, 2020, 09:26:56 PM
#60
Gate.io is good as an alternative to Binance. If seen from the existing IEO performance, the profit that can be obtained from following the IEO organized by gate.io is also large. There are many alternative exchangers whose volume is large but in my opinion, currently Binance is still a favorite of many people and projects for listing tokens.
member
Activity: 938
Merit: 11
January 25, 2020, 04:28:13 PM
#59
Undoubtedly, binance is the best exchange of all other. Of all the exchanges, I like kucoin most. Kucoin exchange is my favourite exchange. Because kucoin have  real trading volume, good security, low withdraw fee and lots of interesting coins.    
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
January 25, 2020, 02:02:22 PM
#58
Your list exchanges are good but I will prefer Kucoin, Bittrex, Okex and maybe gate.io. These exchanges are very good and have got prospect. I am expecting them to be at the top in then near future.
sr. member
Activity: 910
Merit: 255
January 25, 2020, 01:56:45 PM
#57
All these are good exchanges.But we can't ignore risk factors in all these exchanges.we should not trust in one exchange.I think we should divide our portfolio in well reputed exchanges.
True, all exchanges clearly have risks, but for large and well-known exchanges will always give the best to its users, even though they can also change their minds in a bad direction.

Yes i also agree that all centralized exchange platforms, even binance bittrex etc are not totally safe. but unfortunately there is not a useful decentralized exchange at the moment so we have to use these ones.
full member
Activity: 1050
Merit: 100
January 25, 2020, 01:14:30 PM
#56
Okex, Gate, Houbi are actually very good. I think Bithumb and bitfinex should be on the list anyways.
All of the exchanges mentioned on that topic are on average good friends, only they have different ranks in several sites, and I personally also often use all the exchanges you mentioned.
member
Activity: 1078
Merit: 10
January 25, 2020, 01:11:11 PM
#55
I do not really get why you do not like Binance and find alternatives for it, but still. I agree with your list except one position - Coinfalcon is a no-name Exchange which should be replaced by Coinbase.
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