Topic: CEX, Coinbase or Bitstamp? (Read 87 times)

Coinbase is probably the best option if you are located in UK.
I know people who are using both CEX and Bitstamp but they can charge higher fees sometimes and they have much less volume/liquidity than Coinbase.
According to CoinGecko, Coinbase is third largest exchange with almoust $2,8 Billion volume in 24h, while Bitstamp have around $250M and CEX even lower $19M.
That being said, they are all centralized exchanges and there is always a risk of them getting hacked, or they can freeze your account for whatever reasons, so don't hold coins on any exchange.

As for the CEX and Bitstamp, I used them, but in my opinion not enough to be able to comment (anyway I had no problems with them). As for Coinbase, I've been using it for several years now, including Coinbase card, and I had almost no problems with them. The only small things were about the small card purchases that blocked the funds for a few days, but that was probably more of a problem on the terminal side than the card. I don't know a better service (cheaper yes) than Coinbase.
One thing to be careful about to avoid any trouble with Coinbase is not to make transactions with addresses from casinos - they don't like that very much.

As I know CEX is in the UK registered company, at least that's what the bank statement said to me when I made the payment from their platform. if you are also from the UK, I guess for you, local payment is the best choice after all.

My account on there was created about 8 years ago and I can't say I had any more serious problems in working with them. the withdrawal was most often almost instant.
Next good thing they are very active and responsive here on Bitcointalk. Whenever I saw any complaint about them, they always came here and tried to help. I consider this a great advantage when big players often neglect fast support. I contacted their support several times through chat on the website and I did receive the relevant information within a reasonable time.

yet not everything is perfect. however lately I use them less for withdrawals, they have become expensive to me. Some fixed fee + percentage, it is not acceptable to me for smaller amounts. also for some more serious trading, they may not be the best choice. Except for some very major coins they do not have such a large volume so filling orders may take longer than expected.

Coinbase from the beginning I did not accept because of the non-friendly interface (it is probably more individual).
On Bitstamp I registered a few days before on CEX, but how I finished everything I needed with cex I didn't have the need to use it.

It's always easier to find complaints than happy customers feedbacks. People like to complain all over the web but they don't when they are happy with the service provided. You have to be able to take a distance

Although you can find hundreds of negative feedbacks, when compared to the number of customers these CEXs have, it's still very marginal if it's 0.1% of the total number of registered users for example.

Now I'm not going to lie to you but despite Bitstamp being an established and trusted exchange for years, they tend to be quite invasive about your personal information. To the point of requesting completely unreasonable questions.
Coinbase also has its flaws, such as having its website unavailable as soon as there is a major fluctuation in the BTC market price.

If it was me, I would prefer to use Bitstamp but since it's only a matter of what are you afraid of (account being locked) I would prefer Coinbase for this matter.

I've asked questions on here before about which exchange would be best for someone in the UK - apart from security, the most important factor is ease of withdrawal into my UK bank account. Stories of people's accounts being blocked terrify me. I am in the process of opening accounts with CEX, Coinbase and Bitstamp and was leaning towards the latter until I read some bad reviews. Previously that happened with CEX too - I read a bad review. I know none of them are perfect, but I would appreciate everyone's input as to which I should opt for. I also looked at BC Bitcoin in the past but had given up on them due to some people's awful experiences but now they seem to be getting better reviews.