Crypto exchanges - page 3. | Bitcointalksearch.org

suzanne5223

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Quote from: phantailaptopbl on June 13, 2023, 06:30:00 PM

Quote from: suzanne5223 on June 13, 2023, 05:32:34 PM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

First, I want you to understand that nothing on the internet is ever safe and you need to be aware of the risk involved in everything that has to do with cryptocurrency but if you're looking for the most convenient exchange ^{(which doesn't specify if you're talking about DEX or CEX)} I will advise you make use of the tier 1 exchange.
If you're talking about Dex or no KYC exchange visit.

I am thinking last 4-5 years Binance and Kucocin are best and kucocin are not high now but i m not herring about this complaints and another side binance are crypto exchange rock star and then kraken , Germany and coin base like exchange is there , and i don't no about Germany and kraken and i did not recommend the coin base and i don't believe them and all you did not go with binance wrongly .

Kucoin is one of the good centralized exchanges and I like the fact that they provide some no KYC service for a certain tier but I barely use the exchange and the last time I use it was almost 2 years.
Based on my previous experience, I think Binance, Kraken, and Kucoin are good CEX but Coinbase is something else due to their high prioritization of KYC and restriction.

sulendra12

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

What is your purpose of using exchanges? If it's just for buying Bitcoin and then send it immediately to your wallet, then any "trusted" and top exchanges in coinmarketcap is fine to use, they have pros and cons such as Binance, Kraken etc just make sure to know what to do there. But if it's to store your cryptocurrency assets then you should not put it there, go find some hardware or software wallet out there then you're good to go for early.

livingfree

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

Think that each of them aren't safe so in that case you'll be careful with all of them and you'll not be careless on how much you're going to deposit on each of them.

Quote from: Magic-Money on June 14, 2023, 08:42:50 AM

They are many cryptocurrency exchange platform to hold your Coin

No.

There should be no exchange that must be holding our coins. It should be us that must be holding it and we should be the one controlling it.

Broadanbig

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Quote from: The Cryptovator on June 13, 2023, 02:38:02 PM

The current circumstances make it increasingly challenging to select a reliable centralized exchange. As a result, I now lean towards using decentralized exchanges (DEX) to ensure the safety of funds. Storing funds in a centralized exchange is no longer considered a secure option. However, I must admit that I have been utilizing Binance as my primary centralized exchange and haven't explored other centralized platforms extensively. Occasionally, I utilize DEX platforms to accumulate certain tokens. Therefore, if you are contemplating using a centralized exchange, I would recommend refraining from storing funds there. Instead, use it solely for purchasing tokens or coins, and promptly transfer them to your non-custodial wallet for enhanced security.

I really appreciate your view Sir. I was thinking about it though but a bit not clear weda to continue using dex or centralised exchange but for sure I know both are still not safe. However, from your input I can go with binance for trading and after trading, I transfer back to my self custodial wallet for my own safety because nobody knows when it just might happen and for he decentralized exchange, I will buy tokens from them directly to my wallet and transfer to another wallet not linked to the wallet I connected to the decentralized exchange.

Magic-Money

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They are many cryptocurrency exchange platform to hold your Coin or placed a pending order in a higher position, or even stake your Coin for a some period of time and have specific percentage return as a result of holding for a long or short period of time, by saying that, Binance Exchange is more reliable and saved.

Wildwest

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Currently there are so many crypto exchanges that we can rely on, so for you beginners just use the crypto market that is on top exchanges such as CoinmarketCap, Coinbase, Kukoin and Binance, but all of them have risks because not all crypto exchanges will always be safe even though they are equipped with high-level security, but for hacking problems there are always like what happens to Binance today, And we as crypto users must be careful because crypto assets are targeted by many hackers and fraudsters, so just choose an exchange that you really like and easy to use.

nlovric

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Quote from: Findingnemo on June 13, 2023, 09:57:29 AM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

No cryptocurrency exchange is safe (for holding purpose), while talking about the convenience it depends on the coin you're going to trade so you need to look at the volume, trading fees and withdrawal fees.

For now Binance is the best choice for trading purpose cause its better in all the aspects which I mentioned above but recently Binance has been sued by SEC so it can turn out to be another FTX.

Although no exchange can guarantee 100% security it is important to take into account aspects like trading volume fees and withdrawal regulations when selecting an exchange. Currently Binance stands out as a well liked trading option because of its positive characteristics in these areas. However recent legal issues including the SEC case present ambiguity and serve as a reminder of the associated risks. Users must keep up with advancements take prudence when choosing and utilising exchanges for trading or holding cryptocurrencies and keep an eye out for new developments.

Solosanz

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Quote from: Wend on June 13, 2023, 06:25:33 PM

What's wrong with people being interested in altcoins and not bitcoins? If he cares about privacy, decentralization, then bitcoin is the perfect choice. But if he's here to speculate and make a profit, what's wrong with investing in shitcoins? If you are here for profit like everyone else, don't idolize just one thing and pass up a thousand other opportunities, because the end result you need is also profit. If you say you don't care about profit and you need privacy, anonymity to evade government regulation, bitcoin is the choice.

Where did I say to not invest in shitcoins? you seems to be angry and take it as personal.

Actually you can use Bitcoin to speculating and make a profit because the volatility is high. Really people who invest in Bitcoin for long term purpose aren't looking to make profit? Monero is the best choice then. It's more anonymous, the problem is just the price might slowly decrease due to centralized exchanges are start to delist privacy coins.

Bitcoin is pseudonymous, not anonymous, don't confuse it.

BenCodie

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

I would highly recommend checking out Agora Desk. This is a Peer to Peer (P2P) solution which allows you to trade Bitcoin with cash, bank transfer, gift cards and more with people who are local to you. It has a secure escrow system and a solid reputation system so that you can be sure that you're dealing with someone professional and trusted by people who have traded with them before. This is by far the best way to go about buying Bitcoin, as it retains your privacy and prevents you from having to jump through KYC hoops that all centralized exchanges will force you to use.

After you buy Bitcoin, you can swap to other chains and currencies by using decentralized protocols. These days, centralized exchanges are a choice if you search hard enough!

crypticj

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Any exchange can be hacked and while you hold crypto on the exchange, it doesn't belong to you. That's why people say "not your keys, not your crypto". So it's better to use wallets.

But if you just want to buy crypto and hold some of it on exchange and don't afraid to lose it in the wost case scenario, then use Binance. It's the biggest crypto exchange and it's available almost for everyone all around the world.

Bitfinex is a good option too, these are literally no drama around bfx and I think it's a pretty good sign.

Z-tight

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Quote from: Anastasia_D40 on June 14, 2023, 02:52:23 AM

Thank you, few people have advised me DEX. What are their main disadvantages? More scammers?

Take note that there are some exchanges that claim to be decentralized, but are not, so if you use a good decentralized exchange like bisq, you cannot be scammed because you will always be in control of your funds. You trading funds in bisq remains in a 2-of-2 multi-sig wallet, and you are going to control one key, so you would only sign the tx with your key if the trade went well. The only way you can be scammed is if you don't have the very basic knowledge of BTC.

The main disadvantages you may get with decentralized exchanges is that of liquidity and speed of the tx; but if you look at the advantages, i think it is a good trade-off.

Anastasia_D40

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Quote from: Eternad on June 13, 2023, 11:34:41 AM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

DEX is the most safe exchange, Bisq.network is one of the most popular decentralized exchange here which you can buy your Bitcoin safely. CEX always exposed you to risk since you are depositing your assets on wallets that you don’t have a full control. Your balance might be trapped in there anytime if something bad happened on the exchange like the recent event on FTX and more.

Binance and Coinbase are both under lawsuit again SEC while they are the top exchange on crypto. Don’t gamble your funds CEX and start learning on how to use DEX. This will make your crypto experience less exposure on risk.

Thank you, few people have advised me DEX. What are their main disadvantages? More scammers?

phantailaptopbl

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Quote from: suzanne5223 on June 13, 2023, 05:32:34 PM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

First, I want you to understand that nothing on the internet is ever safe and you need to be aware of the risk involved in everything that has to do with cryptocurrency but if you're looking for the most convenient exchange ^{(which doesn't specify if you're talking about DEX or CEX)} I will advise you make use of the tier 1 exchange.
If you're talking about Dex or no KYC exchange visit.

I am thinking last 4-5 years Binance and Kucocin are best and kucocin are not high now but i m not herring about this complaints and another side binance are crypto exchange rock star and then kraken , Germany and coin base like exchange is there , and i don't no about Germany and kraken and i did not recommend the coin base and i don't believe them and all you did not go with binance wrongly .

Wend

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Quote from: Solosanz on June 13, 2023, 09:47:32 AM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

Which coin? Bitcoin? or something like a centralized shitcoins e.g. ETH, BNB, XRP.

If you interested in Bitcoin, the most safest exchange is Bisq, but it's not really convenient. I'd say Agoradesk is more convenient to use, avoid to use centralized exchanges e.g. Binance, Coinbase etc.

If you interested in shitcoins, unfortunately there's no safe exchange, but you can trade on swap platforms where you don't need to submit KYC and the process is instant.

What's wrong with people being interested in altcoins and not bitcoins? If he cares about privacy, decentralization, then bitcoin is the perfect choice. But if he's here to speculate and make a profit, what's wrong with investing in shitcoins? If you are here for profit like everyone else, don't idolize just one thing and pass up a thousand other opportunities, because the end result you need is also profit. If you say you don't care about profit and you need privacy, anonymity to evade government regulation, bitcoin is the choice.

suzanne5223

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

First, I want you to understand that nothing on the internet is ever safe and you need to be aware of the risk involved in everything that has to do with cryptocurrency but if you're looking for the most convenient exchange ^{(which doesn't specify if you're talking about DEX or CEX)} I will advise you make use of the tier 1 exchange.
If you're talking about Dex or no KYC exchange visit.

Potato Chips

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

I'm guessing this issue is related to exchanges, no? could you tell us which bit are you most concerned about?

Thing is, depending on your use case/s, it could be difficult to find the right balance between safety and convenience. At some point, you'll need to weigh them down. I suggest going into detail about your planned use-cases and your risk appetite like if you're fine with KYC or nah so we could at least narrow down the candidates otherwise you're likely to get general answers.

CryptoHeadlineNews

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

First, knowing the country you come from will help us choose which crypto exchange best for you, because just as many persons have mentioned exchanges such as Binance, Kucoin, Huobi & OKX, you need to know that not all exchange accept people from all countries as they have their banned and restricted zones, as listed below;

1. Binance: is banned countries such as North Korea and Iran, while restricted in countries such as United States, China, Canada, and Japan. (So if you are in any of these countries then Binance is not an option for you).

2. Kucoin: is banned in countries such as Afghanistan, Iran, Iraq, North Korea, Syria, Yemen, and Cuba while restricted in countries such as United States, Canada, Japan, China, South Korea, and Vietnam. (So if you are in any of these countries then Kucoin is not an option for you).

3. OKX: is banned in countries such as Cuba, Iran, North Korea, Syria, Crimea, while restricted US, Malaysia, Singapore, the Bahamas, Canada, the Netherlands. (So if you are in any of these countries then OKX is not an option for you).

So your location really matters before deciding which exchange to go for.

royalfestus

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Quote from: Eternad on June 13, 2023, 11:34:41 AM

Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

DEX is the most safe exchange, Bisq.network is one of the most popular decentralized exchange here which you can buy your Bitcoin safely. CEX always exposed you to risk since you are depositing your assets on wallets that you don’t have a full control. Your balance might be trapped in there anytime if something bad happened on the exchange like the recent event on FTX and more.

Binance and Coinbase are both under lawsuit again SEC while they are the top exchange on crypto. Don’t gamble your funds CEX and start learning on how to use DEX. This will make your crypto experience less exposure on risk.

Decentralized exchanges (DEXs) are favored for several reasons. Firstly, they provide inclusive trading opportunities for anyone with an internet connection, eliminating the need for intermediaries and geographic limitations. Secondly, DEXs operate in a peer-to-peer manner, making them resistant to censorship and regulatory restrictions. Additionally, trades on DEXs are executed through smart contracts, ensuring uninterrupted trading even if some nodes go offline

mindrust

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Quote from: Anastasia_D40 on June 13, 2023, 09:39:33 AM

Hey, everyone

I have recently started to be interested in the issue of cryptocurrency, please, tell me which exchanges are considered the safest and most convenient?

Binance and Kucocin have been the best ones for the last 4-5 years I think. Kucoin isn't much mainstream anymore but you don't hear any complaints about them too. Binance on the other hand is the rockstar of thecrypto exchanges. Simply #1. Then there are exchanges like Kraken, Gemini and Coinbase. I don't know much about Gemini and Kraken but I definitely don't recommend Coinbase. I don't trust them.

Overall, you simply can't go wrong with Binance.

The Cryptovator

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The current circumstances make it increasingly challenging to select a reliable centralized exchange. As a result, I now lean towards using decentralized exchanges (DEX) to ensure the safety of funds. Storing funds in a centralized exchange is no longer considered a secure option. However, I must admit that I have been utilizing Binance as my primary centralized exchange and haven't explored other centralized platforms extensively. Occasionally, I utilize DEX platforms to accumulate certain tokens. Therefore, if you are contemplating using a centralized exchange, I would recommend refraining from storing funds there. Instead, use it solely for purchasing tokens or coins, and promptly transfer them to your non-custodial wallet for enhanced security.

Topic: Crypto exchanges - page 3. (Read 557 times)