Best Exchanges Nowadays - page 5. | Bitcointalksearch.org

Ojima-ojo

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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 say we get clarification before making suggestions, and just as other have asked your location determine what the best exchang for use, because binance used to be the go to exchange and most popular among cryptocurrency trader's, but with the recent crisis and the battle between the exchange and regulators I think we have to replace binance since it services are restricted in many countries.

So best you state your location so that you can get the best choice both in decentralised and centralised excahges suggestions that suit your location.

Oshosondy

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Quote from: OmegaStarScream on April 25, 2024, 04:23:37 AM

The exchanges you mentioned are also good. I just assumed that OP is more inclined to fiat exchanges since he mentioned Coinbase and Kraken.

You can also exchange to fiat if you are using those exchanges that I mentioned.

Quote from: OmegaStarScream on April 25, 2024, 04:23:37 AM

As for your question, then as of November 2023, Bitfinex fully supports native SegWit: https://blog.bitfinex.com/announcements/support-for-bech32-addresses-now-available-on-bitfinex/

Thanks very much. I have no merit left, this deserves merit.

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.

joeperry

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Whenever someone ask me on what exchange is a good exchange to use, I always refer them here https://coinmarketcap.com/rankings/exchanges/ and told them the higher the trading volume the better because sometimes they are sending me links to new exchange sites (that's a scam, you'll know if you first look at it) so I ask them to take a look at the rankings of the exchange site.

But just like what other said, you should know first whether that exchange site can be accessible or legal in your country as you don't want your crypto to be locked in the exchange site or confiscate it, so just do a little research first before transferring asset.

OmegaStarScream

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Quote from: Oshosondy on April 24, 2024, 10:15:55 AM

You can also go for Binance, Bybit, OKX or Kucoin. If you want to use OKX, be careful not to send less than 0.0005 BTC which is their minimum deposit for bitcoin.

The exchanges that OmegaStarScream also mentioned are good.

Quote from: OmegaStarScream on April 24, 2024, 10:07:02 AM

Where are you from? If you're looking for fiat exchanges, maybe you can look into Bitfinex, Bitstamp, Gemini and Crypto.com. Coinbase and Kraken are probably on the top, so I'm not sure you would want to switch to something else unless they're not offering a specific thing or token you're looking for.

Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.

The exchanges you mentioned are also good. I just assumed that OP is more inclined to fiat exchanges since he mentioned Coinbase and Kraken.

As for your question, then as of November 2023, Bitfinex fully supports native SegWit: https://blog.bitfinex.com/announcements/support-for-bech32-addresses-now-available-on-bitfinex/

Bureau

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Coinbase and Kraken are top-tier exchanges, you can choose anyone out of the two or both for trading. If you are searching for local exchanges in your country then check the local boards. They will be able to suggest which exchange you should choose for fiat conversion. You can look into Binance for both trading and using their P2P service for fiat conversion if they are operating in your country.

ancafe

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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!

I don't have a better view but where are you from? I usually use exchanges that have operational permits from the government to trade so we can take it easy. If the exchange is only used for trading, not for storing assets, then Coinbase is already classified as an exchange that is worth using. Other options are like what you mean because exchanges are only used for trading, not for saving.

Using Binance is also a good choice for trading as this exchange already has a big name in the crypto industry. But remember one thing that the exchange is only used for trading not for storing the assets you own. So consider what options you mean so that we can try to provide an overview or input.

Franctoshi

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Quote from: Oshosondy on April 24, 2024, 10:15:55 AM

Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.

If your are looking for a non KYC centralized exchange platform to consider doing transactions with, Then, You can go try out MEXC exchange platform, that is if you havent heard of them and to check if you can find them meeting up with your need in terms of the type of exchange platform which you need to trade your cryptos.

And Op, it depends on what you would want to see on the exchange platform, like me
Security of my funds, low trading fees, easy access to deposit and withdrawal, active P2P

Cookdata

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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 want to choose an exchange, you need to consider your location. For instance, you don't really need Coinbase if you are not from US because it's a united state trading platform and they have limited nomber of trade. What you can see in many exchanges, you wouldn't see them on Coinbase that's why country matters. You also need to look at the jurisdiction selection, some exchanges doesn't welcome some exchange into their country, so if you are one you need to be observant of such when you want to select an exchange.

You might also want to check the liquidity, there are some exchanges that you can't trade 500 btc without affecting the price of Bitcoin and there some that even if you trade and included them in a market order, it wouldn't feel any pressure, so as you go for your respective favorites exchanges, try and look into this as well.

boyptc

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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!

Most of the exchanges today requires KYC and you've got two known exchanges already. But if you want to know others thought what exchanges we're all using.

Mostly are using Binance, bybit, okx and the others.

So if you are not happy with the two that you have, there's so much more to test but only deposit what you're okay with because some are asking just to make these exchanges as their actual wallet which isn't advisable.

Potato Chips

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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?

Were you using exchanges to store your cryptocurrencies? if so, this isn't advisable as you may have already know. The best middle ground approach right now is to withdraw your funds to a non custodial wallet if you're not actively trading.

In addition, I think, it would help if you can list your use cases or some pros and cons for you as well as your country. Ultimately, every exchanges will have their own pros and cons hence it's up to us to weigh things down -- prioritize our must have use cases/features/coins and pick cons that are bearable for us.

Alphakilo

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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!

I have checked your post history to try to get an idea of which country you are from since that information is missing but I couldn't find it.
For me, I use Binance which is the number one trading platform in my country but since the government accused Binance currency manipulation, I have switched to alternative platforms like Kucion, which has a good trading volume as well. I don't use Coinbase.

They both require KYC submission which I am okay with. However if you are not, then look through the suggestions of the other users.

apogio

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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!

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...

mk4

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It's going to depend on what country you're in.

United States: Kraken
Everywhere else: Binance

Alternatively, if your trades are made within days/weeks/months, just do on-chain through the likes of Uniswap so you get rid of exploit risk.

Oshosondy

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Gamble responsibly

You can also go for Binance, Bybit, OKX or Kucoin. If you want to use OKX, be careful not to send less than 0.0005 BTC which is their minimum deposit for bitcoin.

The exchanges that OmegaStarScream also mentioned are good.

Quote from: OmegaStarScream on April 24, 2024, 10:07:02 AM

Where are you from? If you're looking for fiat exchanges, maybe you can look into Bitfinex, Bitstamp, Gemini and Crypto.com. Coinbase and Kraken are probably on the top, so I'm not sure you would want to switch to something else unless they're not offering a specific thing or token you're looking for.

Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.

OmegaStarScream

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Where are you from? If you're looking for fiat exchanges, maybe you can look into Bitfinex, Bitstamp, Gemini and Crypto.com. Coinbase and Kraken are probably on the top, so I'm not sure you would want to switch to something else unless they're not offering a specific thing or token you're looking for.

scoobs303

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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!

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