Best Exchanges Nowadays | Bitcointalksearch.org

slaman29

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Quote from: GreatArkansas on April 29, 2024, 08:53:22 PM

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.

Suman1

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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.

GreatArkansas

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Quote from: Ben Barubal on April 29, 2024, 04:33:14 PM

Quote from: slaman29 on April 29, 2024, 08:12:47 AM

(....)

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.

Ben Barubal

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Quote from: slaman29 on April 29, 2024, 08:12:47 AM

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.

Quote from: Nrcewker on April 28, 2024, 01:30:18 PM

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.

B2Z

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Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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!

There are enough places to trade. You can definitely trade in different places if you want. Before trading you must first decide whether you want to trade alt coin or trade bitcoin. If you want to trade alt coin of course you can trade ethereum. The most reliable coin among alt coin is ethereum you can trade ethereum if you want.

taufik123

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Quote from: KingsDen on April 29, 2024, 12:16:38 PM

Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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!

You already know Kranken and Coinbase, why look for others. What is the reason why traders look out for so many exchanges when they can just stick with a few reputable ones. Are you arbitration trader?

It is possible that he did Arbitration, But now if only using manual methods it will not work.

But maybe the OP needs more Exchange for him to try, or hasn't found the best one yet.
Or the country he does not provide full regulation on the exchange he uses.

I myself am more interested in Binance and Bitget for several reasons about P2P being easier and supporting my country's currency.

KingsDen

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Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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!

You already know Kranken and Coinbase, why look for others. What is the reason why traders look out for so many exchanges when they can just stick with a few reputable ones. Are you an arbitration trader?

AbuBhakar

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Quote from: slaman29 on April 29, 2024, 08:12:47 AM

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.

My country Philippines is one of the recent victim of restriction for using Binance service because they failed to acquire license even though they are bing notified for many years already.

But despite with this restriction, Binance is still the number 1 exchange in my country since the app is still not banned which users is now using instead of the website version.

I’m not sure why the OP keep using other exchange while ignoring the number one exchange in terms of trading volume and number of active traders.

tvplus006

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Quote from: joeperry on April 29, 2024, 06:10:21 AM

Quote from: Oshosondy on April 25, 2024, 05:40:41 AM

Binance bought Coinmarketcap since 3 or more years ago. It is better not to fully believe in anything that you saw there. It is better to use Coingecko. Sometimes Binance will not be on number 1 on Coingecko but it is always in number 1 on Coinmarketcap.

Thanks for letting me know that, I really didn't know that and I just checked it and you are right! We'll it's true that there's a difference between the statistics of those two but still it's not bad to use both of it for comparison and cross referencing as both of them are reliable in my opinion.

Anyway I am just curious is there any other known cryptocurrency data aggregator than those two?

There are a very large number of such ratings, but their quality is much lower compared to the above. But I believe that https://cryptorank.io not only is it not inferior to Coingecko and Coinmarketcap, but in some cases it surpasses them.

slaman29

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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.

Quote from: Nrcewker on April 28, 2024, 01:30:18 PM

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.

bettercrypto

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Those two exchanges, I had no doubt that they are among the top listing good exchanges in the market. But in my personal experience, I don't use those two; instead,
I use another exchange to convert my crypto profits to our fiat.

It may be good for others, but it is not possible for others because of the country they belong to, like me, because there are other exchange platforms that are more convenient to
use compared to the ones mentioned in this section.

joeperry

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Quote from: Oshosondy on April 25, 2024, 05:40:41 AM

Quote from: joeperry on April 25, 2024, 05:25:58 AM

Whenever someone ask me on what exchange is a good exchange to use, I always refer them here https://coinmarketcap.com/rankings/exchanges/ and told them the higher the trading volume the better because sometimes they are sending me links to new exchange sites (that's a scam, you'll know if you first look at it) so I ask them to take a look at the rankings of the exchange site.

Binance bought Coinmarketcap since 3 or more years ago. It is better not to fully believe in anything that you saw there. It is better to use Coingecko. Sometimes Binance will not be on number 1 on Coingecko but it is always in number 1 on Coinmarketcap.

Thanks for letting me know that, I really didn't know that and I just checked it and you are right! We'll it's true that there's a difference between the statistics of those two but still it's not bad to use both of it for comparison and cross referencing as both of them are reliable in my opinion.

Anyway I am just curious is there any other known cryptocurrency data aggregator than those two?

Lakai01

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Quote from: Potato Chips on April 28, 2024, 06:42:42 PM

Emphasis on this particular bit:

Quote from: op

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc)

For instance, Cryptsy and btc-e are exchanges which abruptly shutdown along with their users money -- FBI seized btc-e to be more precise. Hence it's a sound theory to say OP may have lost time and money amidst the controveries otherwise, why say they got burned by the closures.

It is very easy to blame others in such cases, but it is not fair. “Be your own bank” also means that you actually have to take care of the security of your coins yourself, which is why coin holdings have no place on an exchange once they have been traded. There have been countless examples in the past where people have been robbed of their coins because they traded them out of convenience/lack of knowledge/... simply left them on the exchange. Unfortunately, this opens the door to losses and fraud.

That's why we must never tire of emphasizing “not your keys, not your coins”.

batang_bitcoin

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Quote from: Crypto Library on April 28, 2024, 05:48:51 PM

If you are looking for centralized exchangers then you can use Binance, Kucoin, or Bybit. These are my favorites centralized exchangers.
The reason of being favorites is they are trusted among the cex and as well as also have user friendly interfaces and as well as also good features. From the side of features I will put Binance one step ahead. I loved to cashout the P2P features on binance and also the launch pool pad. You can explore them. Coinbase are not available in my region and on the others hand I am not much familiar with the Kraken and the others you have mentioned so my suggestions will be to three of them.

I've tried all of them and they're good, there's one in my radar and that's okx. I am not shilling them but they seem to be good for someone who's like OP that's just looking for another exchange. But at the end of the day, you'd notice the difference of them and the things that they offer to their users. In platform wise, they don't have that a lot in difference and very common but in some features like p2p, you'd really choose what you think gives you better withdrawal speed and rates.

Potato Chips

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Quote from: Issa56 on April 28, 2024, 04:54:04 PM

If you can check the post well, then you will see that the OP didn’t mention storing coins on exchange, all the OP needs is an appropriate exchange that can be used for trading. I know how risky it is to leave a coin on exchange. The best place to leave a coin is a non custodial wallet, but as we can see, the advice you are giving the OP is not what the OP really needs. You should be advising the OP, maybe if he made mention of storing coins on exchange.

And I will say the exchanges which the op mentioned are really good one’s, so the op can just select one of the exchange and be using it.

Emphasis on this particular bit:

Quote from: op

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc)

For instance, Cryptsy and btc-e are exchanges which abruptly shutdown along with their users money -- FBI seized btc-e to be more precise. Hence it's a sound theory to say OP may have lost time and money amidst the controveries otherwise, why say they got burned by the closures.

Discussions are not always black and white. There are gray areas where we can read between the lines and form theories in order to further flesh out the discussion.

Crypto Library

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Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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 are looking for centralized exchangers then you can use Binance, Kucoin, or Bybit. These are my favorites centralized exchangers.
The reason of being favorites is they are trusted among the cex and as well as also have user friendly interfaces and as well as also good features. From the side of features I will put Binance one step ahead. I loved to cashout the P2P features on binance and also the launch pool pad. You can explore them. Coinbase are not available in my region and on the others hand I am not much familiar with the Kraken and the others you have mentioned so my suggestions will be to three of them.

Issa56

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Quote from: Potato Chips on April 24, 2024, 04:34:31 PM

Were you using exchanges to store your cryptocurrencies? if so, this isn't advisable as you may have already know. The best middle ground approach right now is to withdraw your funds to a non custodial wallet if you're not actively trading.

If you can check the post well, then you will see that the OP didn’t mention storing coins on exchange, all the OP needs is an appropriate exchange that can be used for trading. I know how risky it is to leave a coin on exchange. The best place to leave a coin is a non custodial wallet, but as we can see, the advice you are giving the OP is not what the OP really needs. You should be advising the OP, maybe if he made mention of storing coins on exchange.

And I will say the exchanges which the op mentioned are really good one’s, so the op can just select one of the exchange and be using it.

Huppercase

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Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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 need to know more about live exchanges(centralized), you should make use of Coingecko to check all active ones, they have their ratings included in 10/10 but in not sure which one is the best but I believe the ones that have 10/10 ratings and 9/10 ratings have huge liquidity and you can make exchange most of the top coins without any problem.

Try and do some comaprism with volumes too, sometimes exchanges tend to display huge number of volume from the exchange but sometimes they are from wash trading, so make the comparison with coingecko or coin market cap to see the real volume, they have a way of generating the real volume from exchanges using API, you will know quickly the exchange that is into wash trading and the ones that are into real trading, even decentralized that used bots, you can use this method to fish out wash trading platforms.

iv4n

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Many good answers in this thread, I used to use many exchanges mentioned in previous comments, but to be honest, I haven't used exchanges for a while, at least not the centralized ones... now it's easy to exchange coins through a wallet, or through some swap service, and there are many different ones. Looks like that time of decentralized services is coming.

So the real question is what the OP wants, to trade regularly or just want a fast entry into some coins without much hassle. For long-term trading I think that some swap services are much better, at least we always have full control over our funds, and the transaction fees can be lower, depending on wich swap/wallet we use.

Nrcewker

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Quote from: scoobs303 on April 24, 2024, 11:04:49 AM

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 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. It has also recently introduced the P2P and copy trading feature. So if you want all the features and coins at one place then Binance is the ideal choice. I personally trade at Binance and Kucoin. So check all the rules and regulations before joining any exchange.

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