Topic: Best Exchange of the 2020 - page 4. (Read 1343 times)

There are lots of exchange and must of them really did well in the year 2020 but I will personally vote for binance as the best exchange of the year due to so many reasons like the security, easy to use, easy withdrawal and also easy to trade there. There are lot's of coin there but must of there coins are profitable coins.

Voted for Binance and I can see Binance got a 39% vote. yes, Near to mine Binance is the best exchange, and in 2021 I also using Binance as my favorite exchange. It's quite safe and trustworthy. Binance desktop app and mobile app is very easy to use, also easy interface. Beside binance I like to use Kucoin and pionex exchange.

nice question and no ones ask this before i guess ? but what is often being ask is what coins are good for this year .
 just like picking coins , we have two category that are altcoins and bitcoin , trading exchange works like that too .
uniswap is the promising decentralized exchange last year i guess ?
other decentralized exchange are silent but uniswap are noisy last year but we dont know if uniswap will still reclaim that title for this year and for the best centralized exchange that will be binance i guess ? same reasons to what i said with uniswap .

Binance is CEX but it is also a DEX as well and has many swaps in it as well. Basically the system is the same as sushiswap or uniswap and there is nothing different, the only difference is you trade the tokens on BSC instead of ETH and thats it.

I feel like ETH high fee will make people get away from it as further as possible, which is why I think it is going to be a huge entertaining place with under 30-40 cents payments, even under 20 cents on slow days. So that is why I would say as CEX it is binance but as a DEX it would still be Binance but not itself, the BSC related swaps there, you can pick pancakeswap which is the most used one, but you can pick anything you want, bakeryswap is also a big known one as well, and new ones come up every single day as well. So, I believe it is not going to be that shocking to see them dominating that market too.

I have made my choices and here's how I voted:
For CEX - Binance
For DEX - Uniswap

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Binance is always setting the standards for other exchanges to follow with their innovative products and services. Having used a lot of exchanges in 2020, I kept going back to using Binance since no other exchange seem to match their service offerings. Other exchanges were trying to keep up most of the time to Binance's fast spaced growth. It's amazing how Binance outperforms other exchanges every year since their inception - year in, year out.

While for DEX, Uniswap gets my vote. Uniswap deserves everything it has achieved so far and probably more. I mean, these guys practically started the DeFi trend and spearheaded for majority of 2020. Even though I didn't get to benefit from their airdrop, a lot of people here on the forum got it and that put a smile on people's faces. I forgot to even mention the fact that Uniswap volumes surpassed that of coinbase at some point. Only downside was the huge fees users had to pay to trade there but that's more of an ETH problem not Uniswap's.

My honorable mention goes to
They are trying to keep up with Binance's fast pace and seem to be doing very well for now even with their own shotcomings. They did bring tokenized stocks to crypto users so that's a plus. I wonder why they're not in the nominees list.

what you choose with uniswap is something that deserves to be taken into account, because newcomers provide an alternative that many people can do to find the convenience that will be accepted, because the rules are very simple and accommodate all coins, of course a very special thing, remembering the past with etherdelta also a lot of enthusiasts.
but for uniswap, there may still be a crucial problem. The fee is quite large, if possible, like etheredelta, it might be quite attractive.

but I myself still choose Binance and indeed the fact that there are many who choose because clearly Binance has many advantages and provides innovations that are always the latest and can be done in just one place without having to leave Binance until what we are doing is done.

It shouldn't be hard since there's a regular reoccurring in all you just said which is the binance exchange. They outperformed themselves last year since they improve on other services they provided the year before last. The fiat withdrawal and deposit service was made more appealing as the transaction became almost instant without any delay.

If I was to criticize them, I will start with them putting the profit of their company over their customers. They got cut in the defi madness as well because during that period they listed anything that had defi in their name without doing due diligence, just to redirect the traffic to their exchange not minding if the traders might get hurt in the process.

I understand that exchange don't owe it to anyone per se if they aren't upfront with their research and basically rely on exchange for investment selection but I think they should have realized that many individual put their trust on the exchange to only list worthy projects worth investing in. Guess they knew this and took advantage of it to pump their bags.

Uniswap is good when it comes to trade with new tokens.
Personally my vote will go to Binance as the best.
It’s just because of it’s reputation.
Binance is considered to be the best in serving it’s users and easy to use.

Moreover for P2P then localbitcoins will be the best, though you need to verify your identity in order to increase your limits.

I think uniswap is best in 2020. If you ask me what reason i tell you can buy sell any time in right peice. Also uniswap little time highly impact in crypto world.

I agree with your intelligence and your preferred exchange is fairly best to me. However, there are a lot of withdraw fees on hitbtc, but you can convert your token to dogecoin if you want because the withdrawal fees of dogecoin are much lower in hitbtc exchange. You can also use binance exchange to sell dogecoin where withdraw fees are very low.

What exchanges have you traded on before? And why do you want to change your cryptocurrency exchange?
If you want to start trading, then this option will suit you very well, and if you trade on other cryptocurrency exchanges, it will be more difficult to switch. Here you need to clearly understand that each cryptocurrency exchange has its pluses and minuses, and you need to determine which of these pluses and minuses is more important for you, then you will understand whether you need to change the exchange.

Just one hope for Binance can opening again withdraw to my local country bank, first time when opening almost my country trader and investor use Binance for cash out their money to bank trough Binance because process few minute withdraw your money, they always process night or day when you wanna withdraw, different with my local exchange market only available withdraw to the bank on day not at the night.

Everyone has their own reasons for choosing Binance as the best exchanges 2020. I think why pooling results show that 63% of people prefer
Binance over other exchanges. Perhaps Binance is most serious about giving traders what they need, other exchanges run exchanges for profit
only and do not listen to what users want. I also really feel that everything I need as a trader has been provided by Binance. And I believe that
for the next few years at least Binance is still the best exchanges.

What I am comfortable with Binance is their SAFU. They have insurance for their users. So even if they are hacked or something, you know, you can still get your funds. So right now, I am also confident leaving some of my coins in that exchange. But of course, I will withdraw it very soon, will not be that long. I find it pretty easy to use also.

That is usually what happened with the exchanges in the recent year or so. People have two exchanges they use, binance and local. Local ones got super high this year, because people wanted to get out of bitcoin, they made a ton of profit, and the best way to sell was local exchanges in order to get the fiat into your bank account, people who had few bitcoins and more literally turned into super rich people, and that is why I think they ended up so famous, it was possible to use them before as well but it wasn't this much money.

Hopefully this year it will be even more because if bitcoin price goes up higher then local exchanges will be used more as well, hence I hope local exchanges would be used more. Binance on the other hand is all things crypto, we have everything there and their chain is getting a lot more attention these days too, so I guess that is why they are top choice.

I vote for Binance. The reason I chose Binance's platform was good in terms of layout. besides that sometimes there are many events that make traders not bored. several times I got the rewards of a trading competition. but I also regret that several times access to Binance has become difficult besides that sometimes on mobile phones often experience problems.

There are no arguments that binance will be at the top with massive trading pairs but this may differ with your needs and choice. Like if you want to use crypto and fiat for deposit withdraw and trade then FTX is also good and they charge zero withdrawal fees for crypto as I know. I like to use a trading bot when trading crypto because I can not stay online longer so I like to use another exchange called pionex which is also a broker of binance. They provide various trading bots with zero fees.

Usually I use two exchange Binance and my local exchange, for Binance I use as trading or investing coin and using my local exchange coin for withdrawing and become cash money, but last year when Binance support with withdraw assets to local bank I never use my local exchange market because transaction withdrawing on Binance most faster just few minutes and have lower fees transaction about $0.4 each transaction withdraw, but now Binance have close and suspend withdraw my fund to local bank.

In my opinion Binance.  ❤ 

Perhaps this exchange claims to be in the top of cryptocurrency exchanges, but how is it better than binance, for example?
I am just now looking for a cryptocurrency exchange where I could trade, does it make sense to register here?