Best Exchanges Nowadays - page 2. | Bitcointalksearch.org

Webetcoins

hero member

Activity: 2100

Merit: 546

Leading Crypto Sports Betting & Casino Platform

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

I do think that those are the best ones, those three are the biggest crypto exchanges that people use and I suggest that anyone who wants to start trading should look for those. Binance is obviously the biggest one, but if you are American then they had a lot of trouble there, which I think would not be all that bad, I think it would make sense for people to stay away from Binance if they are living in the USA, so in that case Binance is out of option and Coinbase would be better, we are talking about something that has its stock in the stock market, so Coinbase is as legit as it gets for Americans.

Kucoin is the third option if either is not available for you, or not convenient, because Kucoin is basically those two, in a little smaller version.

pinggoki

sr. member

Activity: 1666

Merit: 426

Binance, ByBit, and OKX is my choices but now that Binance is banned here in my country, I've been using ByBit now and so far, my experience with it is just so good that it would probably be for the best that I'm going to be using that exchange for trading and they also have this challenges for you to do like trading at X amount or deposit X amount and you'd be rewarded with a USDT. It's a good place to start over because everything you need is already sorted out.

Mahanton

hero member

Activity: 2730

Merit: 632

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!

I do remember BTC-e into those early years and ended up miserably and other exchanges that closed its doors. So far as of this moment which Binance is considered to be the best, if not then its one of the best platforms out there if we do speak about centralized exchangers. Same goes with Kucoin and OKX. You would really be the only one who would really be searching up on what platform you would really be that tending to deal with.
Somehow, we shouldnt really be that still that forgetting that storing up coins on exchange platform is never been recommended. Exchange hacks and legal issues and other stuffs could really happen.
This is why it would really be best that not storing up that huge amounts on exchange platforms on which its always been that a main golden rule.

Exchange ranks and popularity do come and go, the good thing now is that we do able to see tons of options that we could really be able to choose from.
Always stick into those known ones and popularity and credible platforms.

Suman1

newbie

Activity: 43

Merit: 0

We have various other alternatives, you can consider using them. I'll personally recommend Bybit, Bitget etc. cause they have a good track record in the market and haven't experienced any security breach or even been compromised at all, in fact Bitget is extra preferred due to its Users' Protection Fund which is 2nd layer of safety in terms of safeguarding users' assets. Safety is the highest concern and those exchanges that prioritize it can gain extra attention.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: Yamifoud on June 04, 2024, 01:42:45 AM

Quote from: slaman29 on May 25, 2024, 04:52:04 AM

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

I'm still using Binance exchange despite banning in our country and I see a lot of our countrymen still using this until now.
Wherever we are, it is very important to choose an exchange that shows positive and truthful reviews, not scripted and paid reviews. It is very important to listen to what people are giving advice but I believe that OP has the right to choose which exchange he/she feels better and what is "better" means for him/her.

For me, I'd never pay attention to new exchanges but rather choose the old because these exchanges have already (good/bad) stories and transactions that can be the basis of our selection.

Don't care about the reviews, it's the personal experience of me and others, and as I mentioned above, not once incident where they didn't pay out. That itself is golden to me.

We all made the mistakes so newbies don't have to. I don't trust new exchanges either, time is the best indicator of what to use. One day Binance will die, we'll see who has been around as long as they have now.

CryptSafe

sr. member

Activity: 728

Merit: 421

Quote from: Fullcoinese on June 04, 2024, 12:56:44 AM

Quote from: CryptSafe on June 03, 2024, 01:06:25 PM

The taxation is on the high side though. If it is an indirect way to discourage Indians from using crypto currency, then I think it is not a good one because they would end up frustrating the exchange which already they have started doing and from what you have said, Indians no more use exchange for trading and I believe it is as a result of the taxation levied on them.

This action by the government would discourage local exchange from growing and also the people would seek for another alternative means of doing Crypto transactions and the government would entirely lose out from the tax they receive.

If that situation happens then their local exchange will not survive. and the result is that they will go bankrupt if no members trade or use their services.
If taxes are deemed too high, why can't negotiations be carried out between the government and business players in the industry? I think if we talk about it, they will find a middle ground that is beneficial for both parties.
however, people will be comfortable using local exchange platforms with instant withdrawals to their bank accounts. but if there is a problem of high taxes, they will use large exchange platforms like Binance for trading. Meanwhile, for withdrawals to bank accounts, many people may choose to use P2P.

The taxation is quite on the high side though but I just think it is a measures by the government to piss of Crypto enthusiasts from carrying out Crypto transactions and this would affect the exchange as well because they are the ones that would be at loss because they have spent so.mhch funds in building their business brand in that country but looking at it that the way, the government seems to be frustrating them for no.kust cause.

I think a p2p system would be their next resolve if the local exchange decides to act accordingly with the government policy. This would cause a decline in the use of Crypto exchange over there, forcing members to resort to using a p2p platform which they are very much sure of.

Pandu Geddon

hero member

Activity: 826

Merit: 583

Quote from: shield132 on June 04, 2024, 07:19:25 AM

I think that Binance is the best exchange nowadays if the fact that it's centralized doesn't bother you. If it bothers you, then you should move on DEX.

if the goal is to day trade I agree with choosing Binance. Yes, of course, provided that Op has no problems carrying out KYC. We know that some traders or even investors in the crypto market also don't like CEX because of the request for KYC verification for each member.
but until now there are quite a lot of people who certainly don't bother with KYC and they can enjoy trading on exchanges like Binance.

actually, for beginners in trading, it will be more comfortable with a local exchange in their country. Apart from that, receiving fiat and registering an account or communicating with support will be smoother. but if you want the best right now, then I will stick with Binance for now.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

I think that Binance is the best exchange nowadays if the fact that it's centralized doesn't bother you. If it bothers you, then you should move on DEX.
From CEX I have only used Binance and to be honest, compared to other exchanges, Binance offers you the most financial products to earn money by stacking, liquidity providing and etc... If you want to trade with as many coins as possible, then PancakeSwap, Bitget, KuCoin, HTX and some others will be a good option for you.
Btw when using Binance, keep in mind that when there are sudden crypto crashes, Binance crashes too and you aren't able to use their platform because their servers gets overloaded.

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

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!

Tons of exchange already shows in the market to promote theirs, it depends on your preferences and also ideally to check if your country supports the exchange you've looking for, I'm using Binance, Mexc, crypto.com and kucoin I used different exchanges depending on the coin I want to trade in spot and even in futures, also if what coin is ideally to make a withdrawal and quick deposits.

You can also seek an exchange that is supported by your country most of those are more convenience to use.

Yamifoud

hero member

Activity: 2828

Merit: 518

DGbet.fun - Crypto Sportsbook

Quote from: slaman29 on May 25, 2024, 04:52:04 AM

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

I'm still using Binance exchange despite banning in our country and I see a lot of our countrymen still using this until now.
Wherever we are, it is very important to choose an exchange that shows positive and truthful reviews, not scripted and paid reviews. It is very important to listen to what people are giving advice but I believe that OP has the right to choose which exchange he/she feels better and what is "better" means for him/her.

For me, I'd never pay attention to new exchanges but rather choose the old because these exchanges have already (good/bad) stories and transactions that can be the basis of our selection.

Fullcoinese

full member

Activity: 407

Merit: 136

Quote from: CryptSafe on June 03, 2024, 01:06:25 PM

The taxation is on the high side though. If it is an indirect way to discourage Indians from using crypto currency, then I think it is not a good one because they would end up frustrating the exchange which already they have started doing and from what you have said, Indians no more use exchange for trading and I believe it is as a result of the taxation levied on them.

This action by the government would discourage local exchange from growing and also the people would seek for another alternative means of doing Crypto transactions and the government would entirely lose out from the tax they receive.

If that situation happens then their local exchange will not survive. and the result is that they will go bankrupt if no members trade or use their services.
If taxes are deemed too high, why can't negotiations be carried out between the government and business players in the industry? I think if we talk about it, they will find a middle ground that is beneficial for both parties.
however, people will be comfortable using local exchange platforms with instant withdrawals to their bank accounts. but if there is a problem of high taxes, they will use large exchange platforms like Binance for trading. Meanwhile, for withdrawals to bank accounts, many people may choose to use P2P.

Rating Place

legendary

Activity: 3934

Merit: 1061

Which exchanges are no KYC?

CryptSafe

sr. member

Activity: 728

Merit: 421

Quote from: kentrolla on May 30, 2024, 02:24:10 PM

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.

The taxation is on the high side though. If it is an indirect way to discourage Indians from using crypto currency, then I think it is not a good one because they would end up frustrating the exchange which already they have started doing and from what you have said, Indians no more use exchange for trading and I believe it is as a result of the taxation levied on them.

This action by the government would discourage local exchange from growing and also the people would seek for another alternative means of doing Crypto transactions and the government would entirely lose out from the tax they receive.

kentrolla

hero member

Activity: 1652

Merit: 569

Catalog Websites

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

sr. member

Activity: 294

Merit: 433

HODL - BTC

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

hero member

Activity: 616

Merit: 749

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

legendary

Activity: 3248

Merit: 1055

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

sr. member

Activity: 294

Merit: 433

HODL - BTC

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|

sr. member

Activity: 1274

Merit: 457

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.

Oneandpure

sr. member

Activity: 2114

Merit: 309

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.

Topic: Best Exchanges Nowadays - page 2. (Read 845 times)