Best Exchanges Nowadays - page 4. | Bitcointalksearch.org

Mr.right85

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Quote from: apogio on April 24, 2024, 12:10:19 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!

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...

I think that's the best means to put it. Where you can handle all your business without having to upload all your concerns to a third party. Very few exchanges operate on these terms and in most cases, they aren't KYC free, they just attach limits to certain level of verification.

I think one exchange that is been advertised at the moment is the Peach. You might check it out if you will. I wasn't asked for KYC document and it comes with very simple steps to its creation. Mind you, be sure to follow through on the steps on how you can fund and sell your coins successfully. A memo would be available for briefing if you will.

Out of mind

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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.

Loki11

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I think my best exchanges are Binance, ByBit, and OKX.

But I've been exploring different exchanges lately, and I came across this really helpful site with list of exchanges: https://cryptolinks.com/cryptocurrency-exchange .

It helped me find the right exchange for my needs.

Definitely worth checking out if you're looking to switch or find a new exchange.

shinratensei_

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if you work as a trader or investor I think it make sense to choose the pair with most liquidity coming from various exchange, limiting yourself to one exchange just means that you limited yourself to opportunity, with abundance of liquidity means there's easier way you can trade and invest without worrying much about the price difference being too wide compared to the other exchanges also the pair with most liquidity usually are the ones that dictates the price.
the most popular in my opinion is binance, whatever coin listed there always having so big liquidity and sometime the difference in liquidity is so wide too compared with lesser liquid competitor that binance is having.
other alternative such as OKX and so on.
but you can settle well with binance since they also have various events and programs that helps trader earning aside from the profit they get.

adpinbr

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Like I said, I prefer Binance, because the signals and the understanding of Binance interface, and Trading is more preferable for me, and I always understand any trading platform that look like Binance and the dashboard how it is and how the coins been listed it’s more understandable for me so I like when I used by Trading, so other ones are also better but I am just giving my own opinion Binance is good so I prefer using Binance a lot or sometimes I use Bybit

slaman29

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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. 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, 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.

Ben Barubal

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Quote from: slaman29 on April 29, 2024, 07:12:47 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, 12:30:18 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, 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!

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, 11:16:38 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!

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, 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!

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, 07:12:47 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, 05:10:21 AM

Quote from: Oshosondy on April 25, 2024, 04:40:41 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, 12:30:18 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, 04:40:41 AM

Quote from: joeperry on April 25, 2024, 04:25:58 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, 05:42:42 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, 04:48:51 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, 03:54:04 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.

Topic: Best Exchanges Nowadays - page 4. (Read 845 times)