Best Exchanges Nowadays - page 2. | Bitcointalksearch.org

kentrolla

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Quote from: BABY SHOES on May 30, 2024, 01:11:01 PM

Quote from: |MINER| on May 30, 2024, 12:42:04 PM

CoinBase was good enough even then if you want to shift I think you can explore Binance and also the kucoin these two cex are going good now. I already used to with Binance for my trading and have know issues. Even then I want to say that always be careful and updated when you used a cex.

Most people have an account on Binance because this is one of the exchanges that many users including me often trade by finding good prices on this exchange, so indeed for trading then choose Binance but never store for long.

But I now prefer to use local exchanges this makes it easier for us to find crypto to fiat, but to find trading then look for global exchanges like Binance.

Binance is the first name which anyone can think of when it comes to trading and there are enough reasons to do so like the the volume, trading pairs and user interface but yeah it's only for trading wherein the funds should be held at wallets once we don't trade . Recently I have been trading in Bitget and they are fair but need a lot of improvement to be compared with Binance.

Countries like India has implemented cruel taxation like 30% on profit and 1% for every trade which has killed Indian exchanges and people don't use it for converting crypto to fiat.

BABY SHOES

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Quote from: electronicash on May 30, 2024, 01:31:41 PM

Quote from: BABY SHOES on May 30, 2024, 01:11:01 PM

Most people have an account on Binance because this is one of the exchanges that many users including me often trade by finding good prices on this exchange, so indeed for trading then choose Binance but never store for long.

But I now prefer to use local exchanges this makes it easier for us to find crypto to fiat, but to find trading then look for global exchanges like Binance.

not sure if OP has replied in the thread since the last time he logged in mid-May. but if he just search i think he can find his way to Binance. he sounds very old Bitcoin user since he mentioned the old exchanges that were also shut down for years.

he does have coinbase though, he must be a US citizen which means he already has an account with the biggest exchange there. old user from old exchanges, he probably hasn't submitted KYC to any of the exchanges which he should be choosing wisely like DEX.

It's not strange to just disappear, but I thought maybe he had found the best exchange he wanted so he never replied but let's face it Binance is better to be called the best exchange in terms of trading coins there.

So Coinbase is an exchange for US citizens? There is no global Coinbase as such? I haven't used Coinbase so far because it's a little bit complicated for me while there are easy ones without KYC like MEXC right now that are used to exchange coins to others.

DEX is a good suggestion but when using the Ethereum network it's a bit expensive.

irhact

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Quote from: Mate2237 on May 24, 2024, 04:38:06 PM

There are lot of exchanges in the cryptocurrency market now but not all are good to trade and some of them have fake and scam vendors. The ones that have fake and scam vendors in my country are Kucoin, Binance, bitget. And you know why I list those ones because their vendors that appear at the home page (first top 10) of the exchange platforms are just there to manipulate the economy of the exchange. And how are they manipulating the economy, but inflation their ads to a higher rate which they would not trade with you when you place order and all what they would do is to negotiate with you to reduce the price against their tag price on the platform.

I don't think the user was referring to P2P exchanges that have lots of scammers and fake advertisers on their exchange scamming newbies that don't know what goes on there. I think he was referring to exchange that you can buy Bitcoin through spot trading. We have many good ones as those that had scam practice has lost business and no longer functioning. I won't give you any names but you can use some of the instant exchanges on the forum that you can use your credit or debit card to buy Bitcoin.

Some of them also accept local fiats and you might not need kyc high level verification to buy. The popular exchanges that are centralized will need you to verify your KYC therefore if you are confirmation with much kyc verification, that's when you can use them to buy Bitcoin. Apart from kyc verification, I don't see any other things that is wrong with using some of the popular centralized exchange that has been mentioned.

electronicash

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Quote from: BABY SHOES on May 30, 2024, 01:11:01 PM

Quote from: |MINER| on May 30, 2024, 12:42:04 PM

CoinBase was good enough even then if you want to shift I think you can explore Binance and also the kucoin these two cex are going good now. I already used to with Binance for my trading and have know issues. Even then I want to say that always be careful and updated when you used a cex.

Most people have an account on Binance because this is one of the exchanges that many users including me often trade by finding good prices on this exchange, so indeed for trading then choose Binance but never store for long.

But I now prefer to use local exchanges this makes it easier for us to find crypto to fiat, but to find trading then look for global exchanges like Binance.

not sure if OP has replied in the thread since the last time he logged in mid-May. but if he just search i think he can find his way to Binance. he sounds very old Bitcoin user since he mentioned the old exchanges that were also shut down for years.

he does have coinbase though, he must be a US citizen which means he already has an account with the biggest exchange there. old user from old exchanges, he probably hasn't submitted KYC to any of the exchanges which he should be choosing wisely like DEX.

BABY SHOES

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Quote from: |MINER| on May 30, 2024, 12:42:04 PM

CoinBase was good enough even then if you want to shift I think you can explore Binance and also the kucoin these two cex are going good now. I already used to with Binance for my trading and have know issues. Even then I want to say that always be careful and updated when you used a cex.

Most people have an account on Binance because this is one of the exchanges that many users including me often trade by finding good prices on this exchange, so indeed for trading then choose Binance but never store for long.

But I now prefer to use local exchanges this makes it easier for us to find crypto to fiat, but to find trading then look for global exchanges like Binance.

|MINER|

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Quote from: scoobs303 on April 24, 2024, 10:04:49 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!

CoinBase was good enough even then if you want to shift I think you can explore Binance and also the kucoin these two cex are going good now. I already used to with Binance for my trading and have know issues. Even then I want to say that always be careful and updated when you used a cex.

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Quote from: Woodie on May 30, 2024, 08:25:48 AM

Hope those closures of the mentioned exchanges didn't result in losing your coins Roll Eyes

Otherwise when it comes to the best exchange, it depends on your jurisdiction ad this can't be generalized , and if you are interested in other services the platform offers such as p2p trading this will have to be considered when finding what works for you!

Personally I use Binance, poloniex, kucoin, gateio and a combination of decentralized exchanges depending on where I can find the best price of a coin am interested in...

I have the same way with your without priority with one exchange only and combination for all exchange regarding my habit as arbitrage trading looking the opportunity exchange has bigger transaction volume of my coins arbitrage.
Recently I used all exchange not only with top exchange but also not popular exchange such as LBank behind many potential coins for arbitrage by purchasing at dapp exchange and sell it on LBank market.

But I ware from one exchange Hitbtc after my account suddenly reset by them and loss access from 2FA, I am lucky not hold much assets there because that market not recommended for holding long term.

Coinbase recently suspended in my country Indonesian and we can't access any more but get opportunity giving by the exchange withdrawing all access before access locking permanently.

Woodie

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Quote from: scoobs303 on April 24, 2024, 10:04:49 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!

Hope those closures of the mentioned exchanges didn't result in losing your coins Roll Eyes

Otherwise when it comes to the best exchange, it depends on your jurisdiction ad this can't be generalized , and if you are interested in other services the platform offers such as p2p trading this will have to be considered when finding what works for you!

Personally I use Binance, poloniex, kucoin, gateio and a combination of decentralized exchanges depending on where I can find the best price of a coin am interested in...

aylabadia05

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Quote from: fuguebtc on May 26, 2024, 08:59:28 AM

Quote from: aylabadia05 on May 24, 2024, 11:45:44 PM

Not everyone is in this market for privacy, most people are in it for profit because what does privacy mean if you are poor? So I don't see anything so bad about us using a centralized exchange. Everyone has different life choices and goals, we don't need to discriminate against each other just because they are different from us.
By the way, many people always talk about privacy but I seriously ask, how many people do not use centralized exchanges? Do you use them?

Like I said, let's use centralized exchanges for what they were created for, that way we can use them without worrying about anything.

Regarding the importance of privacy, almost everyone prioritizes it even though in practice it is often neglected. For me, privacy depends on the place. Concerning what privacy means if I am poor, for me privacy in that context is self-respect, even though I am poor I am against asking for it. The sentence goes something like this the hand above is better than the hand below in the sense that I will not sell my privacy for the sake of a hungry stomach.

Due to the implementation in my country that every transaction on a crypto buying and selling platform must complete KYC, I automatically have to do it and the use is only limited to buying and selling, not saving.

fuguebtc

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Quote from: aylabadia05 on May 24, 2024, 11:45:44 PM

Quote from: fuguebtc on May 24, 2024, 05:21:51 AM

Quote from: aylabadia05 on May 24, 2024, 02:55:08 AM

OP said he is using coinbase and kraken which means he has no problem with KYC.

Yes. I know.
For me, trading on an exchange that requires KYC to be able to carry out activities cannot be categorized as good because the purpose of people involving themselves with cryptocurrencies is for privacy even though real privacy is found in Bitcoin.

Quote from: fuguebtc on May 24, 2024, 05:21:51 AM

But there is a note that , even though these centralized exchanges are reputable and trustworthy , that doesn't mean they'll never collapse . So use them for what they were created for , which means CEX is only for buying, selling and exchanging . We should not misuse and abuse them such as using them to store our bitcoins or crypto assets .

I think we already know what exchanges were created for. If you don't use exchange as intended, stupid is a reflection of that person.
The incident that happened at a well-known exchange can be a lesson that exchanges are not a place to put money.

Not everyone is in this market for privacy, most people are in it for profit because what does privacy mean if you are poor? So I don't see anything so bad about us using a centralized exchange. Everyone has different life choices and goals, we don't need to discriminate against each other just because they are different from us.
By the way, many people always talk about privacy but I seriously ask, how many people do not use centralized exchanges? Do you use them?

Like I said, let's use centralized exchanges for what they were created for, that way we can use them without worrying about anything.

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Quote from: Potato Chips on April 24, 2024, 03:34:31 PM

Quote from: scoobs303 on April 24, 2024, 10:04:49 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?

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.

Hmm that's the key point bro that's the key point. You did a very good job to highlighting the critical point about privacy.

I think it is one of the mistake that many people can underestimate. Although it can cause you to lose, Anyway OP, if you need a suggestion about the best exchange to trade so I have already elobrate it in a recent post but here is a point that I am concerned about: if you are storing your funds in exchanges instead of wallets, So I think you are adopting the dangerous path of keeping your fund on the exchange instead of in your wallet. Maybe you know this, if not, let me tell you a little bit you should never leave your funds on the exchange, no matter how secure it is, they can cheat you. For example, FTX is in front of you.

So you should keep the amount of funds in the only trade account on which you trade, in addition, transfer your funds to a non-custodial wallet as suggested by Potato Chips.

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Quote from: Mr. Magkaisa on May 24, 2024, 11:26:51 AM

Quote from: GreatArkansas on April 29, 2024, 07:53:22 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.

You are right when you say that this is mate, as long as we can use the exchange that is also a bit loose in the country we are in. The risk is also quite high when an exchange is not accepted in a country.

Usually in these countries, it's not as risky as you think. I again mention about Indonesia and Philippines or Thailand for example. They may close down Binance but they won't seize funds.

And Binance has always paid out all customers even when exiting the country. This was seen in UK and other Europe countries.

And if you know how to use location access it can still progress

aylabadia05

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Quote from: fuguebtc on May 24, 2024, 05:21:51 AM

Quote from: aylabadia05 on May 24, 2024, 02:55:08 AM

OP said he is using coinbase and kraken which means he has no problem with KYC.

Yes. I know.
For me, trading on an exchange that requires KYC to be able to carry out activities cannot be categorized as good because the purpose of people involving themselves with cryptocurrencies is for privacy even though real privacy is found in Bitcoin.

Quote from: fuguebtc on May 24, 2024, 05:21:51 AM

But there is a note that , even though these centralized exchanges are reputable and trustworthy , that doesn't mean they'll never collapse . So use them for what they were created for , which means CEX is only for buying, selling and exchanging . We should not misuse and abuse them such as using them to store our bitcoins or crypto assets .

I think we already know what exchanges were created for. If you don't use exchange as intended, stupid is a reflection of that person.
The incident that happened at a well-known exchange can be a lesson that exchanges are not a place to put money.

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Well, it's depends on you and where you have lived. Like in some countries, some exchanges are prohibited due to government regulations. Thus far, it also depends on you that which one is preferred like KYC or non-KYC. But anyway personally I prefer Binance and Binance requires KYC obligations.

Binance is one of the most popular exchanges as well as having an easy interface to use and I think now days Binance exchanges are much better options than other exchanges for trade or something else. If you want to trade or something then Binance is good for you but you will have to know that Binance needs KYC.

There are also many other exchanges, like OKX, KuCoin, Bybit etc. Everyone has their own pros and cons. If someone likes another exchange, that means he can pick up the option that is offered to him at his own expense. But my opinion is in favor of Binance, the rest should take a stand according to their knowledge.

goaldigger

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Quote from: terrific on May 20, 2024, 05:33:23 PM

Quote from: Out of mind on May 20, 2024, 01:00:50 PM

Binance, ByBit, Kucoin you can trade in these exchanges very easily, you can start your trade by looking at the minimum deposit here. Moreover, we know that currently the most popular and convenient exchange is Binance, you can easily trade here in your local currency through p2p. I currently use these three exchanges I find them to be the best and very easy to trade here, and they are the top exchanges. So I will suggest you to use these top exchanges for trading and p2p transactions, you can easily make your trade successful. Moreover, if you use these exchanges, there will be no risk, rather you will not face fraudsters, so it will definitely be good for you if you follow their rules and trade here.

About Binance, maybe some users here don't know that Binance is being targeted by the regulators.
Check your country and news there if Binance have been restricted or ban there because you trying to access the website might punish you.
I use them though but I just want to warn those members that are living in the countries that have an hot eye to Binance.

Despite of those attacks and pressure from the regulations, Binance still did a great job and stays on top. Unfortunately, my country banned Binance and its just a matter of time for us not to fully used Binance because our government is trying to support local crypto exchange instead and have a control over us. If you are looking for the exchanges, try to look for the best one available in your country to give you security and peace of mind.

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There are lot of exchanges in the cryptocurrency market now but not all are good to trade and some of them have fake and scam vendors. The ones that have fake and scam vendors in my country are Kucoin, Binance, bitget. And you know why I list those ones because their vendors that appear at the home page (first top 10) of the exchange platforms are just there to manipulate the economy of the exchange. And how are they manipulating the economy, but inflation their ads to a higher rate which they would not trade with you when you place order and all what they would do is to negotiate with you to reduce the price against their tag price on the platform.

So for now I don't k ow which of the exchanges is the best foe me to trade. For now I don't have any yet because the ones I was using too have left or delisted my country currency from the platform so. O way to trade

Mr. Magkaisa

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Quote from: GreatArkansas on April 29, 2024, 07:53:22 PM

Quote from: Ben Barubal on April 29, 2024, 03:33:14 PM

Quote from: slaman29 on April 29, 2024, 07:12:47 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.

- You are right when you say that this is mate, as long as we can use the exchange that is also a bit loose in the country we are in. The risk is also quite high when an exchange is not accepted in a country. So for the meantime, Okx, Bybit, Bitget, Mexc, these are just a few that can be used in my country.

Then coinmarketcap is there to know the top 10 exchanges so that somehow we can choose a good exchange in this field industry.

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Quote from: aylabadia05 on May 24, 2024, 02:55:08 AM

If you come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.

All exchange are require with KYC regarding the government regulation and the exchange market won't their operation close if not adopt KYC for their all costumer. Currently has Kucoin not require with KYC but recently needed verifying account by uploading document ID if want trade or make withdrawal at Kucoin exchange.
For all local exchange are require KYC behind government regulation, I think for best exchange require KYC is not much problem because to make our account keep safety when some time got abnormal activities we can re KYC and our assets keep secure at the exchange market. Binance have adopted this rule when abnormal activities require with resubmit KYC and protect our account or our assets keep secure in the exchange wallet.

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Quote from: aylabadia05 on May 24, 2024, 02:55:08 AM

Quote from: scoobs303 on April 24, 2024, 10:04:49 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 come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.

OP said he is using coinbase and kraken which means he has no problem with KYC.

It can be said that among all the centralized exchanges , Binance is the best and most reliable despite recent incidents . Coinbase and kraken are the top 2 exchanges in the US and I think they're not too bad to use , but if the OP wants to find something better I'd still recommend Binance .

But there is a note that , even though these centralized exchanges are reputable and trustworthy , that doesn't mean they'll never collapse . So use them for what they were created for , which means CEX is only for buying, selling and exchanging . We should not misuse and abuse them such as using them to store our bitcoins or crypto assets .

synchronym

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This forum has many places to trade first you need to decide where you want to trade. You need to decide first whether you want to trade bitcoin or alt coin. If you want to do bitcoin then definitely you can get a lot of profit with bitcoin. And if you want to trade alt coin of course you can trade alt coin on Ethereum. You can trade on Binance if you want. You are a newbie so I would like to advise you that whatever you trade before trading you must gain enough knowledge about the trade if you gain enough knowledge about it then you will get proper success from this trade in future.

Topic: Best Exchanges Nowadays - page 2. (Read 720 times)