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Topic: Best Exchanges Nowadays - page 6. (Read 845 times)

hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
April 24, 2024, 04:33:30 PM
#9
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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
April 24, 2024, 03:45:41 PM
#8
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.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
April 24, 2024, 03:34:31 PM
#7
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.
sr. member
Activity: 560
Merit: 265
April 24, 2024, 02:54:22 PM
#6
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.
hero member
Activity: 560
Merit: 1060
April 24, 2024, 12:10:19 PM
#5
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
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
April 24, 2024, 12:02:25 PM
#4
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.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
April 24, 2024, 10:15:55 AM
#3
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.

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.
staff
Activity: 3500
Merit: 6152
April 24, 2024, 10:07:02 AM
#2
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.
newbie
Activity: 12
Merit: 2
April 24, 2024, 10:04:49 AM
#1
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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