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Topic: Best exchange with less risk. - page 8. (Read 1130 times)

hero member
Activity: 2716
Merit: 552
July 05, 2018, 08:23:25 PM
#61
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

What exactly do you mean by selling tokens that resulted in losing all of them? And which exchange were you using? So far, I have been using at least 4-5 exchanges and I have not encountered a similar problem. Is it really the exchange that has the problem? Or perhaps it is in your individual account? Please use 2FA and change your password regularly. You might want to try Bittrex, Cryptopia, Binance, KuCoin, HitBTC.

I guess he's using a scam exchange that would usually suck up all your balance. Or he misused and not read the terms of using the exchange. The OP is somehow unclear on what was the issue about his tokens and the exchange.
What you have in the list of exchange are the best exchange that could be recommend to someone who's looking for a good one. But, for them to be aware, even the best exchanges may encounter certain issues. So, issues with exchanges is normal, but the best one could give you a quick response from the team while resolving it.
full member
Activity: 378
Merit: 102
July 05, 2018, 08:22:16 PM
#60
Bigger exchanges doesn't necessarily mean that it has better security or services. Hitbtc for example, is one of the earlier exchanges but the service is shit. I'm using kucoin and OKex for now and I haven't got a problem with it.
member
Activity: 266
Merit: 10
July 05, 2018, 08:14:45 PM
#59
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?
Loss in trading has no relation with exchange. Exchange has realtion with safe or not the money and its true but it does not mean when we choose the right exchange then we will always profit. Those are very different thing. But of course choose the great and less risk about hacking is very important. Binance is the best choice i think.
hero member
Activity: 1432
Merit: 500
July 05, 2018, 08:11:49 PM
#58
I was using bittrex and polo from last few years without any issues but now you have to verify your account to get withdrawal limit high and verification is mandatory, and one thing you can use decentralize exchange like index.market.
newbie
Activity: 91
Merit: 0
July 05, 2018, 08:10:46 PM
#57
I've been using Bitstamp for years and love it. They have been hacked for a couple of thousand of BTC in 2015 but they have been very transparent about it and it never impacted the user's balances. Their support is responsive and very professional. They are trading with EUR, USD, BTC, Ripple, ETH and will add BCH in a month or so.
sr. member
Activity: 1400
Merit: 273
July 05, 2018, 08:08:41 PM
#56
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

What exactly do you mean by selling tokens that resulted in losing all of them? And which exchange were you using? So far, I have been using at least 4-5 exchanges and I have not encountered a similar problem. Is it really the exchange that has the problem? Or perhaps it is in your individual account? Please use 2FA and change your password regularly. You might want to try Bittrex, Cryptopia, Binance, KuCoin, HitBTC.
member
Activity: 476
Merit: 41
July 05, 2018, 08:07:46 PM
#55
It depends on what you are going to use the exchange for.

If you are looking for just safety to sell off your coins, then I would recommend Binance.
The only thing is, you can't sell your btc for cash.
But if you are looking to cash out, I don't recommend using any exchanges at all (they take a huge fee) and just go peer to peer.
You can protect yourself by using an escrow service, there are tons of them.
You can find buyers and sellers all over the place, but localbitcoins.com is one of the biggest ones.

If you are looking to do some trading, then you want an exchange with the lowest fees.
Basically, any of the newer ones that have their own dedicated token is good (their dedicated token makes fees cheaper).
So, once again, Binance, and also Kucoin and Bibox.

If you are looking to do day trades, than you need one with high volume.
The highest volume exchanges right now are Binance, Bittrex, and Bitfinex.

so, yeah, basically just use Binance lol.
full member
Activity: 532
Merit: 100
July 05, 2018, 08:00:25 PM
#54
i used binance and bittrex. i have not encountered any problem trading in that exchange. before using an exchange be sure to search it first to see if they got a good review to avoid lose of money.
member
Activity: 406
Merit: 10
July 05, 2018, 07:38:54 PM
#53
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

theres a lot of exchanges market out there, its too long to mention in here but im glad to share some exchanges that has no or less risk in trading and in fees. Huobi, okex, bibox, bancor, mercatox, cryptopia, livecoin, binance, bittrex.
sr. member
Activity: 700
Merit: 250
July 05, 2018, 07:38:20 PM
#52
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

Open coinmarcetcap, choose exchanges, and find out wich have a big trading volume. Big trading volume means a lot of people trust this exchange. Is called wisdom of crowd. Ofcourse sometimes exchanger cheating with volume, but in top 10 you will not find such exchanges, and even if there will be such, you will see alert from cmc, about fake volume. Shitchanges that are cheating frequently deleted by cmc from base.
I also check coinmarketcap to see the volume of large exchanges and the rankings constantly changing, which makes many investors excited because the competition is getting better and better. Many strategies to attract investors come to their exchanges. I believe that this year there will be much better exchanges and we have more choices
member
Activity: 252
Merit: 10
July 05, 2018, 07:36:05 PM
#51
i think you need to use exchanger with a simple interface.
and you need to observe that exchanger like where is the buy & sell button, and how to use that.
you can try kucoin and binance to trading, both are good for me.
goodluck bro.
member
Activity: 350
Merit: 10
July 05, 2018, 07:14:23 PM
#50
This question is a complication instead of No international exchange, wherever the altcoins are traded. because the highest exchanges are Binance, Bitfinex, OKEx, Bittrex. a lot more. and I recommend finding new accounts of each of the high exchangers. and IDEX is a good change. It would be a challenge to become active in this trade, but you can buy any of the tokens to the format of the ERC-20 here.
member
Activity: 252
Merit: 12
July 05, 2018, 07:13:33 PM
#49
The best exchange with best security would be binance it has a great api , binance is easy to use and your investment would always be safe.
full member
Activity: 476
Merit: 100
July 05, 2018, 06:32:43 PM
#48
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?
For me there are lots of exchange which are safe to use only you need to do in order to avoid hacking your account there is to enable 2FA for your account protection. This is the best move to do because we cannot stick to only one exchange because not all of our tokens are available in one exchange so we need to sell it to another one. We cannot avoid this things so be careful.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
July 05, 2018, 06:30:48 PM
#47
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?


Bittrex are currently with new security  system improvement i use the exchange for my online trading for almost a year i can't experience any kind of troubles using BITTREX, i can't derictly i suggest to you to use bittresx but i want you learn if suite in your standards to use it.
jr. member
Activity: 182
Merit: 2
Market Integration Platform
July 05, 2018, 06:27:07 PM
#46
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

Open coinmarcetcap, choose exchanges, and find out wich have a big trading volume. Big trading volume means a lot of people trust this exchange. Is called wisdom of crowd. Ofcourse sometimes exchanger cheating with volume, but in top 10 you will not find such exchanges, and even if there will be such, you will see alert from cmc, about fake volume. Shitchanges that are cheating frequently deleted by cmc from base.
hero member
Activity: 2366
Merit: 504
July 05, 2018, 06:17:29 PM
#45
Just use decentralized exchange like idex, no shitty fee, no the obligation to upload your important data and no chance of getting scammed when the exchanges turns out to be hacked or bankrupt.
All those centralized exchange are usually shit although some of them are great but just learning from the past to what happened to previous exchanges.
sr. member
Activity: 548
Merit: 250
0x3f17f1962B36e491b30A40b2405849e597Ba5FB5
July 05, 2018, 06:17:15 PM
#44
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?

Nonetheless. I choose Huobi and then Binance for this one. Why? Huobi.pro is the best in multi-layer security in all of the exchanges right now that inlcude email, google 2fa, and passport verification. Your account doesn't simply get hacked. For Binance, no wonder it is safe because it is the biggest echange in terms of daily volume right now in all exchanges. The CEO of Binance announce recently due the incident of hacking that they will allocate 10% of fees goes to emergency fund that will compensate any hacking or similar activities.
sr. member
Activity: 392
Merit: 250
July 05, 2018, 06:16:08 PM
#43
On binance it is convenient to buy and sell tokens. A small difference between the sale price and the purchase price. And everything is very simple and understandable
to be honest, I never feel secure when my token or coin is on the exchange, but I think it's true that binance are better than others if you compare them from some strategic aspect like security and more
member
Activity: 322
Merit: 12
July 05, 2018, 06:10:57 PM
#42
I have tried to sell tokens in the past which resulted in losing all that I had, I need more advice on best Exchanges for mostly all altcoins and how safer they are to use?
Always remember nothing is safe on the internet and also everything that you do here at crypto world has always has a risk but ofcourse it has also a gain that's why the higher risj the higher you gain. Just do your own search always and for sure you will be fine. Goodluck.
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