Crypto exchanges - page 4. | Bitcointalksearch.org

MarjorieZimmermanGinger

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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?

No exchange is completely safe to use for storing bitcoins, but for short term trading such as Binance, Kucoin, and Bisq are still good enough to use or you can visit an exchange that has a government license in your country of residence. But keep in mind that exchanges are not a safe place to store bitcoins as you do not hold private keys, some people use exchanges only for short term trades like buying or selling bitcoins.

There are various types of exchanges that you may hear about and usually people will give answers according to what they use, so separate analysis is also needed to identify the exchange that is suitable for you to use. I don't want to suggest explicitly which exchange you can use, but it's best to do your own analysis beforehand about the exchange you want to use.

Broadanbig

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OP, I have seen that you are a newbie here and from the looks you have been able to get acquainted with bitcoin a little to have gotten some tangible knowledge about it. You talking about exchange shows that your interest already aroused in investing into bitcoin and I must say you are on the right track.

There are lots of exchanges on the Crypto space but not all are worth it. Just as you have asked, I will advise you to check coinmarketcap and coingecko to see for yourself and definitely you would see the exchanges with larger volume for which you should know are the ones leading the Crypto market.

You can as well lookup to the mentioned names by other members to see for yourself too. I believe that could help you scale through to Knowing the best exchanges to trade with but before you do anything with them, read their terms of service so you don't have any issues in the long run.
Lastly, remember the sayings that says" not your coin, not your assets". After trading, do well to move your coin and assets to your wallet.

Z-tight

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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?

P2p exchanges are the safest, that is because you are not going to give the exchange your personal data, and while trading the exchange isn't going to act as a third party, you and your trading partner would control the funds in a multi-sig wallet, that is what p2p should be, not peer to exchange, then exchange to peer. For p2p exchages: https://kycnot.me/.

If you want centralized exchanges, take note that you will have to provide personal documents to pass their kyc protocol, and if you want to trade, the exchange is going to be a third party in the trade, but it is more convenient for day-traders.

AprilioMP

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Which requires KYC or not.
Many polls say that the big and good exchange of choice is binance.com.
The thing is that the binance exchange requires KYC when registering.

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

please, tell me which exchanges are considered the safest and most convenient?

Don't know. What I know from the opinions that often arise from many people here that all active exchanges dare not be called the safest in the context of depositing funds.
Making an exchange for buying and selling, binance.com is quite convenient.
KuCoin is on the convenient list.

Aside from the crypto exchanges you'd like to hear recommendations from experienced members here, you should inquire about wallets to store coins after you buy at the exchange.

ajiz138

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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?

So you want to use an exchange which is a lot of advice with decentralized exchanges because it's not centralized like other exchanges, but I'm a bit hesitant for beginners most of them are choosing centralized exchanges even though I know many have gone bankrupt for example FTX and many others.

To be honest I only use centralized exchanges but only temporarily and don't put assets there, I use Binance and Kucoin it's fine but warning is always there because centralized exchanges will have control by the government because they have regulation.

I hope the OP can understand with the links shared by others.

tbct_mt2

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Quote from: Agbe on June 13, 2023, 11:28:01 AM

Op I will not advise you to keep funds in exchange but you can use it to buy and sell off at once. And the easiest one for that purpose is Binance exchange platform. Binance is much easier for me to use. Though I have not tried other ones because when I was trying to use them, I can't found sell but was only seeing buy so I move on with Binance because it is simple for me to use.

When you use a centralized exchange, feel comfortable with it, you will less likely leave it.

From high trading volume to opportunities to trade with other coins and with fear to lose money for withdrawal fee from exchange account to your non custodial wallet and transaction fee to move your coin from non custodial wallet back to exchange account.

Quote

But you can select anyone and use it from coinmarketcap. There are some good exchanges and also you can use anyone from here as well https://kycnot.me/ where you can see other exchange to be selected.

Kucoin is good, centralized but no KYC.

It is more comfortable than other decentralized exchanges where you have to trade peer to peer amd with different tradin styles than on centralized exchanges.

seoincorporation

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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?

As other users already recommend, you can go to coinmarket cap and see the list of exchanges to choose one, most of them require KYC, so, you will have to provide all your data.

But I have a recommendation for you, use the exchanges just to buy and sell crypto coins, and never leave the coins there, some users leave their money in the exchange as if they can trust the service as a wallet and that's a big mistake, because if something happens to the exchange you will lose your coins.

Ojima-ojo

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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 you need is not an exchange but the most secured wallet that gives you high securities over your coins, this is more important than an exchange since you have total control, no one needs an exchange unless you want to trade clone coin to the other but never to use exchange wallet to hold a large number of coins.

Most preferably you can use one of the decentralized exchanges if you care about privacy.

Nwada001

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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?

Your choice of exchange should be based on what you actually want to do; if you just want a one-time buy of any crypto and hold, then you can look for any supported exchange that has your choice of coin. Note that a one-time purchase is not worth the risk of verifying any centralized exchange account; unless you have no other means of purchase, just try as much as you can to select a Dex exchange; it gives you total control over your assets, no KYC verification is required, and there is nothing like frozen withdrawals or any sort of centralized exchange issue.

And when you are done making your exchange decision, try to get yourself an open-source self-custodial wallet in order to be fully in charge of your holdings.

Quote from: Doan9269 on June 13, 2023, 10:03:44 AM

decentralized exchange
https://bisq.network/
https://localcryptos.com/
https://hodlhodl.com/

Agoradesk should also be included on the list; Hodlhodl is not US-supported.
OP, If it's for Bitcoin and other popular coins, then the above list is for you.

Nrcewker

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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?

From my experience Binance, Kucoin and Bisq are the best exchanges available in the market. They have been in the industry for many years and millions of traders trusted these exchanges. Still I would advise you to read the terms and services of these exchanges before creating an account there. Moreover currently there is an ongoing lawsuit against the Binance, so for the time being you can skip Binance. At last don’t use these exchanges to store the coins. Just use the exchanges to exchange or sell the coins.

Eternad

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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?

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.

Agbe

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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?

Op I will not advise you to keep funds in exchange but you can use it to buy and sell off at once. And the easiest one for that purpose is Binance exchange platform. Binance is much easier for me to use. Though I have not tried other ones because when I was trying to use them, I can't found sell but was only seeing buy so I move on with Binance because it is simple for me to use. But you can select anyone and use it from coinmarketcap. There are some good exchanges and also you can use anyone from here as well https://kycnot.me/ where you can see other exchange to be selected.

tbct_mt2

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Quote from: salad daging on June 13, 2023, 09:46:35 AM

You can see from Coinmarketcap the top exchange list means it shows the best exchange at the moment but I never advise you to keep assets there because the risk is quite big look at the news lately SEC always the government attacks the top exchanges Binance and Coinbase, but if you to to start trading while then the exchange is still feasible.

Top exchanges can die like FTX exchange.

It's good to start your filter with rankings on trusted sites like Coinmarketcap and Coingecko but their rankings can be biased. Like Coinmarketcap belongs to Binance so that site will always give a highest ranking for Binance exchange.

https://www.coingecko.com/en/exchanges

My 7 years of experience with CEXs (4 years on Bitcointalk). It's a good sharing from Ratimov.
Reminder: do not keep your money in online accounts. Because of risk, you should not store all your capital, coins in exchange account.

ultrloa

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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?

No safe exchange exist all of them are prone to anything danger you can imagine. Its just there are other who stay long in the business due to some good performance they provide. Much better not to trust them 100% or you might go home emptied pocket if there's issue happens. Just trade what you can afford to lose because for so many times even reputable exchange turn scam so be careful always dealing with any exchange.

Doan9269

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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?

Decentralized exchanges, they are safe and secured, try all means to avoid centralized exchanges, then try to check if the decentralized exchange you're about to use only supports bitcoin alome or along with other cryptocurrencies being compatible for use, i also have some few links whereby you can learn more about the decentralized exchanges and their examples which you could use from below:

decentralized exchange
https://bisq.network/
https://localcryptos.com/
https://hodlhodl.com/

Ratimov huge list cex, dex, atm, no kyc
https://bitcointalksearch.org/topic/--5270416

BIT-BENDER

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Well great question I always like it when newbies has the thoughtfulness to actually ask questions like this.
Firstly I would like you to know that there are dangers in almost every exchange I would say every exchange is not exempted from being attacked.

With that you should also know that their are two types of exchange decentralized exchange that actually doesn't demand your personal details and gives you freedom, and centralized exchange which do requires mild to strong Private details this exchange is actually my personal red flag exchanges. You can find out more about decentralized exchange and centralized exchange from the link below.

https://bitcointalksearch.org/topic/m.29885570

It's important for you to be aware that you need to be very security conscious in all things crypto-currency. One of the popular way is never leave your Cryptos in any exchange.

Findingnemo

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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?

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.

Oshosondy

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Quote from: salad daging on June 13, 2023, 09:46:35 AM

You can see from Coinmarketcap the top exchange list means it shows the best exchange at the moment but I never advise you to keep assets there because the risk is quite big look at the news lately SEC always the government attacks the top exchanges Binance and Coinbase, but if you to to start trading while then the exchange is still feasible.

This thread should be in trading discussions, you can move it there.

This is not a out trading, it should be in exchanges board.

Coinmarketcap is owned by Binance, it would be good if you use Coingecko instead.

https://www.coingecko.com/en/exchanges

The ones that I have used before that I like:

Binance
Bybit
Huobi Global
OKX
Kucoin

For a decentralized exchange: Bisq.

Solosanz

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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.

salad daging

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You can see from Coinmarketcap the top exchange list means it shows the best exchange at the moment but I never advise you to keep assets there because the risk is quite big look at the news lately SEC always the government attacks the top exchanges Binance and Coinbase, but if you to to start trading while then the exchange is still feasible.

This thread should be in trading discussions, you can move it there.

Topic: Crypto exchanges - page 4. (Read 557 times)