Best Exchanges Nowadays - page 3. | Bitcointalksearch.org

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.

GbitG

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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.

slaman29

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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.

GbitG

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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.

Mate2237

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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.

Bobrox

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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.

fuguebtc

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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.

aylabadia05

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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!

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.

Bitinity

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Quote from: xLays on May 23, 2024, 06:09:06 PM

At first, I thought this thread was about BestChange, which just recently closed their signature campaign after running their platform for 4.5 years. It turns out the OP is asking what we think is the best exchange. In my opinion, like the responses of others, it's Binance. I've been in the cryptocurrency industry for around 8 years and I've never had any problems with Binance since I started using it. It's also very easy to use. That's why I can really say that they are the best exchange for me. Bitget is something similar to Binance. I mentioned Bitget because right now it is my alternative once Philippines will ban Binance in near future.

Bestchange itself is not an exchange, is it? As far as I know bestchange is just like a place to find the best exchanges based on user's preferences. Anyway, talking about which one is the best exchange, I think I have to agree that Binance can be considered as one of the best. As long as I know, most traders also has their own favorite local exchanges. If you have bitget in your country, we have indodax and tokocrypto in Indonesia. These 2 exchanges are the most used exchange in my country because Indodax can be said as the first Indonesian exchange while tokocrypto is also known to be owned by binance.

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At first, I thought this thread was about BestChange, which just recently closed their signature campaign after running their platform for 4.5 years. It turns out the OP is asking what we think is the best exchange. In my opinion, like the responses of others, it's Binance. I've been in the cryptocurrency industry for around 8 years and I've never had any problems with Binance since I started using it. It's also very easy to use. That's why I can really say that they are the best exchange for me. Bitget is something similar to Binance. I mentioned Bitget because right now it is my alternative once Philippines will ban Binance in near future.

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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.

I have tested most of this exchanges and I love one thing about Binace which are quick update with anything new regarding any coin and withdrawal fees. Binance implemented segwit right before other exchanges upgraded their wallet, they didn't just do that for Bitcoin, they have it in Litecoin as well; If not that taproot isn't that popular yet, they would have done the same, the minimum deposit is small and withdrawal fees are small unless if the network is beyond what they can't handle for you.

I rated kucoin above Binance and others then but because they mandate all traders to verify their accounts, they join the government anti crypto space and I don't like them again. Bybit also did similar thing and the worst of their network is that they are still stuck with legacy addresses that will suck a lot of fees both in making deposit and withdrawals. Overall, I still prefer Binance but all these guys are too centralized for my liking.

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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!

Just look at the top exchanges on Coingecko or CoinMarketCap and just shop from the ones that appear; for sure, you will find something suitable for what you want and the criteria you are looking for. Actually, there are many trusted exchanges, one of which is Binance, which is the most popular exchange in the crypto business industry.

And the others are Okx, Bybit, Bitget, Bitfinex, Bitmark, Crypto.com, and maybe just choose from this link that I will give you OP so you don't have much difficulty in your choice as long as the top 20 https://www.coingecko.com/en/exchanges

apogio

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1. Since I see Binance being mentioned here, I must say I was never - ever - ever able to understand the UI / UX of the platform. Yeah, I know, I may be lazy, but I feel like the exchange is so full of information, that I can't always find what I need.

Note: I don't use it currently - it may have changed

2. If you want to use a CEX, give a try to some exchanges that are Bitcoin only. I am only aware of a few that work in Europe, but I am sure you can find some of these anywhere in the world.

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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.

Topic: Best Exchanges Nowadays - page 3. (Read 845 times)