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!
Coinbase and Kraken are also the best options that you can use for trading, but if you still want other options, you can try Binance and Kucoin which in my opinion are also no less good to use as trading platforms at this time. And for those who have been closed in the past which may have resulted in a little disappointment in yourself, you can consider it as a bitter experience that you have experienced in the past and now is the time to choose the best and improve it with the abilities you have. 
Topic: Best Exchanges Nowadays - page 2. (Read 326 times)
Above users already recommend many popular centralized exchanges that might be the safest in terms of CEX.
But if you're looking for privacy, you can use Bisq, Agoradesk or Robosats.
I also have use MEXC without KYC, but I do it using wallet that has in-built exchange i.e. Safepal.
But if you're looking for privacy, you can use Bisq, Agoradesk or Robosats.
MEXC also doesn't require KYC to do that. In fact, I have never done KYC at MEXC and I have been trading for several years there.
@OP need to check whether the exchange restrict his jurisdiction or not, because it will be a big problem if MEXC force him to verify his account.I also have use MEXC without KYC, but I do it using wallet that has in-built exchange i.e. Safepal.
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!
The two exchanges you mentioned can be said to be on the list of good exchanges, and apart from that, are there any better or best ones? I think there will never be the best, because all CEXs have the risk of being hacked or other things that are detrimental to their users, that's why you should never save your funds in CEX even though you trust the exchange, use the exchange as it functions, namely for exchange, not store assets. We see how many people lose their coins because they trust exchanges as their wallets and Cryptsy, btc-e and bter are just a few because the list of exchanges that are detrimental to users is quite extensive.
Coinbase and Kraken are top-tier exchanges, you can choose anyone out of the two or both for trading. If you are searching for local exchanges in your country then check the local boards. They will be able to suggest which exchange you should choose for fiat conversion. You can look into Binance for both trading and using their P2P service for fiat conversion if they are operating in your country.
I think Kraken is older than in Coinbase but I rarely saw it being talked about. I won't say that they are not operating anymore because why would you mention it here, right? But for me, I'd go with Coinbase because I already used it before here in my country. Questions like this are still country-dependent, so OP had no choice if Coinbase is not allowed in his country but Kraken is.Maybe there are still other exchanges out there that are also allowed in his country. He still can choose them compared to Kraken because they can be better than it. Binance might be a good option too and is more popular than the two but it's only sad that my country banned it in recent time.
A lot has changed if your last exchange is Cryptsy. Back then you could made anonymous accounts on all exchanges and send coins back and forth with ease. These days almost all exchanges require KYC. You don’t really have any other options due to regulations.
At the end of 2022, Ftx was the largest exchange and it turned out to be a huge scam. So people started to trust dex more and stopped using cex. So there is a small learning curve but dex seems to be the future for crypto.
At the end of 2022, Ftx was the largest exchange and it turned out to be a huge scam. So people started to trust dex more and stopped using cex. So there is a small learning curve but dex seems to be the future for crypto.
Since what you are asking is the best place to trade, there are quite a lot of choices. If you have no problem with kyc then Binance I think is the best choice for now (depending on where you live). However, if you still want to trade normally and be able to withdraw and make deposits normally and it has to be a centralized exchange then MEXC also doesn't require KYC to do that. In fact, I have never done KYC at MEXC and I have been trading for several years there. It's just that the liquidity in the market or trading volume there is not that big and this makes it difficult for those of us who do daily trading to immediately fill the positions we create. This is different from Binance, where the trading volume is always large, which means the positions we create can be easily filled.
And actually there are many more CEXs that don't require KYC out there. But be careful because you also need to pay attention to the reputation of the CEX itself. If you don't trade actively then doing it on a DEX would be better.
And actually there are many more CEXs that don't require KYC out there. But be careful because you also need to pay attention to the reputation of the CEX itself. If you don't trade actively then doing it on a DEX would be better.
Similarly I would suggest using Binance or Bybit as a good exchange, this is what we experienced where the exchange has a pretty good reputation but I don't know what the OP needs is to convert to fiat?
But I don't know what the OP needs is in accordance with the location?
It is much better for anyone if the use of the exchange is limited to trading and Binance is one of the exchanges that has quite a good reputation at the moment. For trading needs, perhaps the OP will be much more aware of the operational permit level of a particular exchange in his country. As far as I know, Binance has permission to operate in almost all countries today, although sometimes there are some countries that prohibit it.But I don't know what the OP needs is in accordance with the location?
Currently I use a local exchange that has collaborated with Binance, making it easier for me to use. If it's not for saving then any exchange can be used as long as it has a good reputation. OP's needs can be adjusted because the most important thing is that he understands the level of security of the assets he owns.
Using Binance is also a good choice for trading as this exchange already has a big name in the crypto industry. But remember one thing that the exchange is only used for trading not for storing the assets you own. So consider what options you mean so that we can try to provide an overview or input.
Similarly I would suggest using Binance or Bybit as a good exchange, this is what we experienced where the exchange has a pretty good reputation but I don't know what the OP needs is to convert to fiat?But I don't know what the OP needs is in accordance with the location?
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 say we get clarification before making suggestions, and just as other have asked your location determine what the best exchang for use, because binance used to be the go to exchange and most popular among cryptocurrency trader's, but with the recent crisis and the battle between the exchange and regulators I think we have to replace binance since it services are restricted in many countries.So best you state your location so that you can get the best choice both in decentralised and centralised excahges suggestions that suit your location.
The exchanges you mentioned are also good. I just assumed that OP is more inclined to fiat exchanges since he mentioned Coinbase and Kraken.
You can also exchange to fiat if you are using those exchanges that I mentioned. As for your question, then as of November 2023, Bitfinex fully supports native SegWit: https://blog.bitfinex.com/announcements/support-for-bech32-addresses-now-available-on-bitfinex/
Thanks very much. I have no merit left, this deserves merit. 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. 
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.
But just like what other said, you should know first whether that exchange site can be accessible or legal in your country as you don't want your crypto to be locked in the exchange site or confiscate it, so just do a little research first before transferring asset.
But just like what other said, you should know first whether that exchange site can be accessible or legal in your country as you don't want your crypto to be locked in the exchange site or confiscate it, so just do a little research first before transferring asset.
You can also go for Binance, Bybit, OKX or Kucoin. If you want to use OKX, be careful not to send less than 0.0005 BTC which is their minimum deposit for bitcoin.
The exchanges that OmegaStarScream also mentioned are good.
The exchanges that OmegaStarScream also mentioned are good.
Where are you from? If you're looking for fiat exchanges, maybe you can look into Bitfinex, Bitstamp, Gemini and Crypto.com. Coinbase and Kraken are probably on the top, so I'm not sure you would want to switch to something else unless they're not offering a specific thing or token you're looking for.
Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.The exchanges you mentioned are also good. I just assumed that OP is more inclined to fiat exchanges since he mentioned Coinbase and Kraken.
As for your question, then as of November 2023, Bitfinex fully supports native SegWit: https://blog.bitfinex.com/announcements/support-for-bech32-addresses-now-available-on-bitfinex/
Coinbase and Kraken are top-tier exchanges, you can choose anyone out of the two or both for trading. If you are searching for local exchanges in your country then check the local boards. They will be able to suggest which exchange you should choose for fiat conversion. You can look into Binance for both trading and using their P2P service for fiat conversion if they are operating in your country.
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!
I don't have a better view but where are you from? I usually use exchanges that have operational permits from the government to trade so we can take it easy. If the exchange is only used for trading, not for storing assets, then Coinbase is already classified as an exchange that is worth using. Other options are like what you mean because exchanges are only used for trading, not for saving.Using Binance is also a good choice for trading as this exchange already has a big name in the crypto industry. But remember one thing that the exchange is only used for trading not for storing the assets you own. So consider what options you mean so that we can try to provide an overview or input.
Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.
If your are looking for a non KYC centralized exchange platform to consider doing transactions with, Then, You can go try out MEXC exchange platform, that is if you havent heard of them and to check if you can find them meeting up with your need in terms of the type of exchange platform which you need to trade your cryptos.And Op, it depends on what you would want to see on the exchange platform, like me
Security of my funds, low trading fees, easy access to deposit and withdrawal, active P2P
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 want to choose an exchange, you need to consider your location. For instance, you don't really need Coinbase if you are not from US because it's a united state trading platform and they have limited nomber of trade. What you can see in many exchanges, you wouldn't see them on Coinbase that's why country matters. You also need to look at the jurisdiction selection, some exchanges doesn't welcome some exchange into their country, so if you are one you need to be observant of such when you want to select an exchange.
You might also want to check the liquidity, there are some exchanges that you can't trade 500 btc without affecting the price of Bitcoin and there some that even if you trade and included them in a market order, it wouldn't feel any pressure, so as you go for your respective favorites exchanges, try and look into this as well.
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!
Most of the exchanges today requires KYC and you've got two known exchanges already. But if you want to know others thought what exchanges we're all using.Mostly are using Binance, bybit, okx and the others.
So if you are not happy with the two that you have, there's so much more to test but only deposit what you're okay with because some are asking just to make these exchanges as their actual wallet which isn't advisable.
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?
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.
In addition, I think, it would help if you can list your use cases or some pros and cons for you as well as your country. Ultimately, every exchanges will have their own pros and cons hence it's up to us to weigh things down -- prioritize our must have use cases/features/coins and pick cons that are bearable for us.
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!
I have checked your post history to try to get an idea of which country you are from since that information is missing but I couldn't find it. For me, I use Binance which is the number one trading platform in my country but since the government accused Binance currency manipulation, I have switched to alternative platforms like Kucion, which has a good trading volume as well. I don't use Coinbase.
They both require KYC submission which I am okay with. However if you are not, then look through the suggestions of the other users.
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...
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