In terms of reputable exchanger then there is Binance, Shapeshift and etc. but if I were to decide then local exchangers are still good to use compare to those exchangers because if you are going to use your local exchanger then you can easily contact the support of the platform while having a wide range of cashout options to your local fiat.
That is the advantage of local exchangers that big exchangers cannot offer especially a cashout will not use a bank account because most of the local exchangers are offering a cashout for remittances where the local users can easily get their money if they don't have a bank accounts.
Topic: best place to trade BTC - page 2. (Read 621 times)
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
I don't trust coinbase, sorry dude I'm just telling my side only. The only place that I trusted the most is Binance, Kucoin, Okex, Bitforex and others but not coinbase. Because, I heard so many things about it in which most of them are bad feedback on it. Where, they can freeze your account anytime they like to do it something like that.
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^ Another factor of reducing fund if you are using multi-exchange is the fees, that is good if you use different exchanges but the disadvantage is the fee when you have the plan to withdraw your fund. I suggest sticking with one of the most reputable exchanges that worldwide used, and of course, an exchnage that has a secure like Binance, you are safe there.
However, back to the OP's question, the right place to trade your BTC are those local exchange in your country that supported BTC trading, but this surely required KYC and use DEX if you avoid KYC.
That is why I said it will eat your profits with fees like multiple times we have to pay withdrawal fee which is almost fixed and huge on most of the exchanges.So the user will be forced to store the funds on exchanges itself to avoid getting rekt due to the withdrawal fees. ^ Another factor of reducing fund if you are using multi-exchange is the fees, that is good if you use different exchanges but the disadvantage is the fee when you have the plan to withdraw your fund. I suggest sticking with one of the most reputable exchanges that worldwide used, and of course, an exchnage that has a secure like Binance, you are safe there.
However, back to the OP's question, the right place to trade your BTC are those local exchange in your country that supported BTC trading, but this surely required KYC and use DEX if you avoid KYC.
A lot of us saying Binance but with such an emphasize on one exchange I think it's better we place the eggs in different baskets.
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
Still, you are going to lose money right? Better put the funds in a Ledger and connect them with a decentralized exchange for swapping tokens so our will be secured. Choosing multiple exchanges may cause you to reduce your actual profits because of different fee structures so you will be forced to trade more money than what you actually wanted to do.I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
However, back to the OP's question, the right place to trade your BTC are those local exchange in your country that supported BTC trading, but this surely required KYC and use DEX if you avoid KYC.
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
Since 2018, I trade and hodl most of my coins/tokens especially BTC on KuCoin.
[1] They offer low trading fees and can become even lower if you have some KuCoin Shares (KCS).
[2] KYC is not compulsory unless you'll withdraw above 5 BTC a day. But KYC is for your protection too incase you've forgot your log in credentials.
[3] Most of the top tier altcoins/DeFi can be found on KuCoin Exchange.
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
I do not understand why there are so many adoptions towards coinbase; it has high charges and it is not available for every country; you have very low trade cap or hodl cap without doing kyc verification. How then do people enjoy trading on that app ? The best platforms you can trade bitcoin is on cex exchanges such as binance, kucoin etc; you get high trading cap with level 1 verification and it is very easy to get verified too unlike coinbase. Check coinmarketcap for the top 10 exchange to trade bitcoin
A lot of us saying Binance but with such an emphasize on one exchange I think it's better we place the eggs in different baskets.
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
Still, you are going to lose money right? Better put the funds in a Ledger and connect them with a decentralized exchange for swapping tokens so our will be secured. Choosing multiple exchanges may cause you to reduce your actual profits because of different fee structures so you will be forced to trade more money than what you actually wanted to do. I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
The best place will be no doubt Binance.
It’s one of the best place and offers a larger variety of markets of other coins.
In BTC the withdrawal fees of Binance is currently 0.0005 BTC and it varies depending on then and BTC price.
If you want some crypto to FIAT exchange then localbitcoins is highly preferable and you can also checkout Paxful.
Though both of the services requires KYC to increase your limits.
If I am not mistaken, it seems that you can withdrawal FIAT from Binance too. Or is it less profitable here than localbitcoins or Paxful? I found some info about Paxful here https://cryptototem.com/paxful-review/, but I'd love to hear from experienced users. Is it really more profitable than using big exchanges like Binance?
A lot of us saying Binance but with such an emphasize on one exchange I think it's better we place the eggs in different baskets.
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
Most of the time, I'm using Binance for crypto <> crypto trades.
I recently moved most of my trades to Ftx.com because they offer much more than Spot & Futures. Ftx also has stocks, leveraged tokens and other interesting products. It sounds a little bit like an ad, but it's nice to see an innovative exchange that deserves to spread the word.
I recently moved most of my trades to Ftx.com because they offer much more than Spot & Futures. Ftx also has stocks, leveraged tokens and other interesting products. It sounds a little bit like an ad, but it's nice to see an innovative exchange that deserves to spread the word.
In my opinion the best place to trade bitcoin is binance and kucoin because currently two exchange sites are popular and secure.Moreover, the withdraw cost of these two exchange sites is less than other exchange sites.
List of exchanges according to the coinmarketcap. It has clear data along with volume, exchange score and all. This will ease your mind in picking the right exchange for trading. If you're looking for cryto to fiat exchange, then you need to go with the local exchange based on your country. Other than that I find localbitcoins to be good in their service, and you need to be cautious to stay away from fraudulent traders.
Have tried kucoin and its kinda decent imo. No mandatory kyc, fast since its CEX and has good fees. In there i usually buy chunks of ETH when i feel like it.
I forgot about Kucoin and yeah I agree that it's also next to Binance in terms of suggestion and convenience. I know that not all exchanges are perfect but in complaints and problems, they're the same as Binance. I hear rare problems about them or I'm not just looking at them whenever somebody just raises it and I entirely miss it.They also have a plethora of alts to choose from just like those top exchanges if you wanna venture deep into the crypto markets.
I've seen them grow quickly and managed to compete with the top exchanges. 
Threads worth checking out:
[1] Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]
[2] SCAM ALERT LIST - created by JollyGood
Another thread: Guide to check fees: Taker, maker, deposit, withdrawal, transaction fees[1] Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]
[2] SCAM ALERT LIST - created by JollyGood
Binance is best from taker, maker fees and they run many promotions, contests, giveaways and distributions for users. On Binance, you can use your bitcoin to trade with many altcoins in spot, margin, future trades.
You would beware of risks with new exchanges which can run deposits, trade bonuses but you don't know they are scam exchanges and whether will reject your withdrawal requests. Think of exchange reputation first.
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
Those three adjectives that you used make up an ideal exchange and that like all other ideal things, don't exist in real but only in dreams. What you need to check is whether the exchanges that your local community used have good acceptance an low number of legit complaints. Then you have to try them out yourself and see which one is working with your needs. What works for one might not work for you.Also customer support is one of the biggest things to check. Fees for trading will be there, you cannot find one which has very low fees. But still you have screen the options yourself.
Again remeber that complaints are not always legit. Many people attempt to use an exchange to launder money, get blocked and then complain about the site being scam. Ignore these.
Not necessarily binance or bittrex, but any exchange can work out for you. Follow the advice of the users above and mine.
Have tried kucoin and its kinda decent imo. No mandatory kyc, fast since its CEX and has good fees. In there i usually buy chunks of ETH when i feel like it. They also have a plethora of alts to choose from just like those top exchanges if you wanna venture deep into the crypto markets.
It all depends on where you live and it depends on what you want to trade. If you want to trade from bitcoin to your fiat currency, you have to find the best one for your own nation, you can't just pick any exchange you want, you can't even technically pick the "best exchange" because you have to pick the one that works with your fiat. However that only works for certain nations, on other nations there are places like coinbase which is still quite fine, and that is with the fiat world.
If you want to trade btc and alts together, without any fiat but just stablecoins, you could simply just go with binance or any exchange like that, which would allow you to continue without disruption. So, basically this all depends on what you want to exchange and what you want to trade, and where you are based from, there is no one correct answer for it.
If you want to trade btc and alts together, without any fiat but just stablecoins, you could simply just go with binance or any exchange like that, which would allow you to continue without disruption. So, basically this all depends on what you want to exchange and what you want to trade, and where you are based from, there is no one correct answer for it.
Binance if you're going for day trading. It's pretty user friendly, and afaik it doesn't need KYC (Except if you're in the US, and if you're trading big amounts), which makes it a lot more accessible for most others. If you're going for big buys though, it'd be better to look for OTC offers, since this is a lot easier imo and wouldn't affect the market that much. Yes, it requires KYC, but heck, you're buying a huge amount, after all, there has to be some sort of security for the sellers on their part.
Binance would be the most suggested exchange of all time.
https://pro.coinbase.com/
Easy, secure, low-cost to trade crypto. Coinbase just provide services in certain countries. Who can name some . Thank you
Coinbase is a web wallet and their tandem in trading is their very own Coinbase Pro.https://pro.coinbase.com/
For now I used Bitforex and Probit exchange, because through this platform I got earned weekly on these two. In short, earning cryptocurrency is not depend on how big the exchange site platform is. It is always depend in the hands of the individual traders of how He/She going to do it. And this is what I did now actually for a couple of years now.
The first and most important thing aside from trading is the security of one's assets and this is what OP is looking for. I am not comfortable with the exchanges you have suggested. Bitforex know to selectively scam, lock up people's accounts out of nowhere and list scam IEOs and tokens. The other (probit) is very unpopular. Honestly, it's my first time knowing about.Why would you suggest shady exchanges
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