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Topic: Bittrex or Poloniex. which one do you like to trade? - page 7. (Read 9400 times)

newbie
Activity: 3
Merit: 0
I've been trading on both exchanges and traded a lot of times. Most of my trades came from Poloniex because they've got the good coins. But i experience a lot of problems on that exchange. These are the following:

1. Attacks on their network are too often cause the site unavailable or busy because of the attacks.
2. It's now a centralized exchange.
3. 2FA bypass security flaw. Some were saying even if you are 2FA enabled. You can still withdraw your funds.

Bittrex is good uprising exchange. I've been trading there for months but not a lot. But so far, I've never encountered any problems at that exchange. I would definitely chose Bittrex over Poloniex. Because it is operating very well. Bittrex just not added other good coins.

Bittrex is too annoying. They ask you for your real name, real place of birth, phone number, real address... if anything is wrong, your account gets rejected (they check against public records) and they will ask for an SMS confirmation message.

I don't want to trade against fiat, only against other cryptos. Why do I need to risk giving personal information to some altcoin exchange when I don't want to interact with the banking system? I just want to trade between fiats.

So I stick to Poloniex because they don't ask you for all these details. I just don't trust exchanges enough to give them my real data, who knows where that would end.

The banking system isn’t the issue. It’s the fact that you have to declare all income and losses for income tax purposes. No point in making a million dollars if you aren’t allowed to withdraw and spend. If you take a capital gains loss it’s nice to use that as a right off. Keep your paper trail for audits.  Smiley
full member
Activity: 228
Merit: 100
I think bittrex is much better between the too because I've been hearing bad reviews on Poleniex (never tried poleniex though) Bittrex is smooth and no issues and Im confident that I won't lose my money there.
Both exchanges have a bad reviews if try to search here in the forum you can see the frustrations of members because of bittrex disabling the account, I haven't experience that problem so cant say if its true
I haven’t experience that issue but I think bittrex already made clear about that one. All exchange are not perfect issues will always be there what is important is they know how to fix it.

I used to be very active on Poloniex platform since their interface and transaction speed was really nice at that time. Then something happened and their servers collapsed. And I instantly quited poloniex and moved my funds to Bittrex.

I find Bittrex better than poloniex now.
newbie
Activity: 46
Merit: 0
Really depends, i used both and are moderate to good in terms of security. With the number of alt-coins to trade bittrex has lot to offer. But bittrex price is a lot fast change and volatile compared to poloniex. Both are good trading exchages
member
Activity: 275
Merit: 10
We offer our Service
My friends are using poloniex but as what I have read they liked bittrex more for now I cannot decide but when I here I will also try to consider using bittrex.
sr. member
Activity: 672
Merit: 250
I like Bittrex more than Poloniex. But if to speak about forks, bittrex made it clear that they not friendly with it. That's why a lot of users still waiting for BTG.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Bittrex more popular than Poloniex in recently because polo have too bad support.
Each ticket would need a month to solve it and they never reply.
Also there're many ICO but they almost don't add anything.
So people have to switch to other...
hero member
Activity: 798
Merit: 502
I think bittrex is much better between the too because I've been hearing bad reviews on Poleniex (never tried poleniex though) Bittrex is smooth and no issues and Im confident that I won't lose my money there.
Both exchanges have a bad reviews if try to search here in the forum you can see the frustrations of members because of bittrex disabling the account, I haven't experience that problem so cant say if its true
I haven’t experience that issue but I think bittrex already made clear about that one. All exchange are not perfect issues will always be there what is important is they know how to fix it.
member
Activity: 118
Merit: 100
I like to trade on Poloniex rather than Bittrex because Poloniex exchange has listed many altcoins on and support margin loan for anyone who want to increase their earning Cheesy
member
Activity: 238
Merit: 10
left with Poloniex, I trade at Bittrex, the first yato infuriates this constantly tupyashchu schedule, he always lags behind the real bidding ....
hero member
Activity: 1778
Merit: 504
WorkAsPro
I hate trading at poloniex because I have a lot of problems every time I trade and I have lost a lot of profit from this exchange if poloniex does not soon improve this situation they will surely lose a lot of big investors.
newbie
Activity: 50
Merit: 0
Depends what kind of trading you are looking to do in my opinion.

Poloniex has far more trading pairs than bittrex does currently. In my experience poloniex also has better liquidity during high volume days and the platform is very stable compared to something like Kraken. Poloniex has a superior user interface as of right now and more features for experienced traders that want to utilize some advanced functions. I have experienced and heard of many people complaining with regards to the support from Poloniex but this is something users experience with pretty much every exchange.

Overall, they are both great but I would still put Poloniex over Bittrex.
hero member
Activity: 1022
Merit: 503
One thing you should understand is that no matter what, there will always be people who complains that this and that isn’t good. Bittrex is not scam, but there will always be people who will get caught up in a problem with them. I even see lots of people complain that Poloniexis scam despite the fact it is said to be the oldest. So that’s it, people will always complain no matter what.

People says it's scam well of course their coins are stuck in that exchange like their deposits and withdrawals had a problem or the chat support are all useless and didn't reply for their complain. And I don't think there are scam exchanges because if they're all scam everybody that trades in their platform have all encountered similar problems and sooner nobody will use their platform.
full member
Activity: 322
Merit: 101
I don't have any idea which one is best to use yet, if it is bittrex or poloniex since there still a lot that I need to learn and also I am still new here. I like this thread it give me additonal idea about trading.
sr. member
Activity: 475
Merit: 250
I also heard some problems on Bittrex since they topped Poloniex in volume. Still I prefer Bittrex because there are more problems and controversial issues Poloniex is facing. And one of the best advantage Bittrex has is that its markets consist of more coins than most top rivals exchanges.
hero member
Activity: 1554
Merit: 880
pxzone.online
Most people like trade on Bittrex because this site user friendly.

Yes, that's the reason why almost all people prefer to use that exchange site, even you use on mobile phone to trade your altcoin it's smooth and ( like what you said ) this are user friendly. And i never encountered any problem when i use Bittrex to trade my altcoin.
hero member
Activity: 756
Merit: 500
One thing you should understand is that no matter what, there will always be people who complains that this and that isn’t good. Bittrex is not scam, but there will always be people who will get caught up in a problem with them. I even see lots of people complain that Poloniexis scam despite the fact it is said to be the oldest. So that’s it, people will always complain no matter what.

bittrex is scam - its on selective banning mode & will comes to you very soon

guys just look at the ANN topic:
https://bitcointalk.org/index.php?topic=463202.1340

dozens complaint and not a single response from admin stuff


more than 50 topics in btc forums about these Bittrex scammers and still no clear statment

https://bitcointalksearch.org/topic/bittrex-is-a-scam-website-avoid-with-proof-1954598
https://bitcointalksearch.org/topic/bittrexcom-1000000-disabled-2306630
https://bitcointalk.org/index.php?topic=2267728.280
https://bitcointalk.org/index.php?topic=463202.1300
https://bitcointalksearch.org/topic/bittrex-disabled-locking-more-than-100k-in-assets-2295703
https://bitcointalksearch.org/topic/bittrex-how-long-we-need-to-wait-a-case-classified-as-a-criminal-2325580
https://bitcointalksearch.org/topic/cant-trust-bittrex-anymore-be-careful-2269086
https://bitcointalksearch.org/topic/bittrex-triggered-slsupport-ticket-ignored-for-9-days-2214083
https://bitcointalksearch.org/topic/bittrex-is-not-confirming-my-verification-after-11-days-2340162
https://bitcointalksearch.org/topic/bittrex-big-scam-2331561
https://bitcointalk.org/index.php?topic=1663636.60
https://bitcointalksearch.org/topic/bittrex-account-was-disbaled-by-russian-ip-2285913
https://bitcointalksearch.org/topic/exchange-bittrex-began-to-block-accounts-2279516
https://bitcointalk.org/index.php?topic=2278588.20
.......


https://cointelegraph.com/news/bitcoin-altcoin-exchange-bittrex-eyed-with-suspicion-due-to-thousands-of-mysterious-account-closings

https://www.reddit.com/r/CryptoCurrency/comments/76i0ut/warning_bittrex_is_downgrading_accounts_to/

https://steemit.com/bittrex/@tech-trends/bittrex-is-disabling-users-account-without-any-reason

https://steemkr.com/bittrex/@penguinpablo/warning-it-seems-bittrex-is-disabling-accounts-for-no-apparent-reason

https://itsblockchain.com/account-shutdowns-bittrex/
member
Activity: 117
Merit: 10
Most people like trade on Bittrex because this site user friendly.
sr. member
Activity: 616
Merit: 250
www.cd3d.app
I think bittrex is much better between the too because I've been hearing bad reviews on Poleniex (never tried poleniex though) Bittrex is smooth and no issues and Im confident that I won't lose my money there.
Both exchanges have a bad reviews if try to search here in the forum you can see the frustrations of members because of bittrex disabling the account, I haven't experience that problem so cant say if its true
full member
Activity: 286
Merit: 100
Cryptics
I like bittrex more than poloniex right now, it used to be the opposite, but once poloniex started to become quite suspicious with all the lags (especially during ripple pump) and withdrawal delay, then i moved to bittrex. So far it's a good exchange, more volume than poloniex right now and never have problem with it.
legendary
Activity: 1540
Merit: 1003
One thing you should understand is that no matter what, there will always be people who complains that this and that isn’t good. Bittrex is not scam, but there will always be people who will get caught up in a problem with them. I even see lots of people complain that Poloniexis scam despite the fact it is said to be the oldest. So that’s it, people will always complain no matter what.
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