Cryptocurrency trading platform | Bitcointalksearch.org

LUCKMCFLY

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Quote from: lixer on November 30, 2022, 08:18:43 AM

Quote from: abel1337 on November 29, 2022, 07:52:21 PM

There will be always one that wants to do monopoly on a certain industry and it's a bad thing whether what industry it may be. Decentralized exchange will always be the go to but now we need a better decentralized exchange that has something revolutionary like a multichain features other than bridging since it gives a convenience to the user and would most likely prefer it. But yeah I strongly believe that there are still more users of a centralized exchange vs a decentralized exchange today. Let's hope that on the next bull market, The trend will change since centralized companies now are becoming worst after so many incidents of being bankrupt and mismanagement, People are losing their money.

Speaking of monopoly, I think binance is the monopoly of crypto due to its reputation. This crypto exchange is currently the biggest of them all. They have done partnerships from big brands in different fields and they already acquired the biggest crypto data site which was coinmarketcap. They also owned trustwallet. What else they will acquire next?

I think another crypto exchange because they fail on their FTX proposal just because FTX isn't trusthworthy and they are afraid that this will affect their reputation. Btw I like the suggestion you throw there about how we can improve the decentralized exchange. Maybe that is one of the things the people are looking for, before they want to use it more.

Decentralized will always be the best, for me Binance is a very good Exchange, it handles large volumes, it is a model excahge for any point of comparison or with another, what I do not like about Binance is that it easily reveals our data and anything to which governments, and it reveals any type of transaction, which I don't like, because then why do we have bitcoin, or cryptocurrencies, these things should not be revealed to governments, banks or strong entities that are police-type, because I have seen how they block Sometimes to users for reasons of investigations that do not even have to do with them, but because they have a suspicion of fraud or something.

lixer

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Quote from: abel1337 on November 29, 2022, 07:52:21 PM

There will be always one that wants to do monopoly on a certain industry and it's a bad thing whether what industry it may be. Decentralized exchange will always be the go to but now we need a better decentralized exchange that has something revolutionary like a multichain features other than bridging since it gives a convenience to the user and would most likely prefer it. But yeah I strongly believe that there are still more users of a centralized exchange vs a decentralized exchange today. Let's hope that on the next bull market, The trend will change since centralized companies now are becoming worst after so many incidents of being bankrupt and mismanagement, People are losing their money.

Speaking of monopoly, I think binance is the monopoly of crypto due to its reputation. This crypto exchange is currently the biggest of them all. They have done partnerships from big brands in different fields and they already acquired the biggest crypto data site which was coinmarketcap. They also owned trustwallet. What else they will acquire next?

I think another crypto exchange because they fail on their FTX proposal just because FTX isn't trusthworthy and they are afraid that this will affect their reputation. Btw I like the suggestion you throw there about how we can improve the decentralized exchange. Maybe that is one of the things the people are looking for, before they want to use it more.

abel1337

legendary

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FOCUS

Quote from: LUCKMCFLY on November 28, 2022, 10:58:58 AM

Quote from: Mr. Magkaisa on November 23, 2022, 08:59:39 AM

- In my observation, due to the incident that occurred in FTX, most communities here in the cryptocurrency have had a lack of trust in centralized exchanges and seem to want to return to decentralized exchange site platforms.

In my view, it is normal for other crypto enthusiasts to feel this way, but for those who are deep in crypto and have a lot of experience, there is of course still trust in centralized and decentralized platforms.

And for me, in the centralized platform, the one that can be trusted is Binance, Houbi, Gate.io, Bitforex, Kucoin, and Digifinex, while on Dex, Quickswap, Uniswap, Pancakeswap, Biswap, and Apeswap.

Well, to tell the truth, the best thing is to have our money on decentralized platforms, it's not bad, we already have the experience of FTX, which was something very terrible and strong for the people who lived through it, I don't want anyone to have their money stolen because Many people have a hard time getting it so that an exchange comes and takes it away just because there is a particular Exchange that wants to have all the power, so the best thing is to have our coins in decentralized exchanges and manage everything with private keys, for me it is the best, I have many friends who no longer trust any exchange, no one wants to lose their money.

Yep that's right, There will be always one that wants to do monopoly on a certain industry and it's a bad thing whether what industry it may be. Decentralized exchange will always be the go to but now we need a better decentralized exchange that has something revolutionary like a multichain features other than bridging since it gives a convenience to the user and would most likely prefer it. But yeah I strongly believe that there are still more users of a centralized exchange vs a decentralized exchange today. Let's hope that on the next bull market, The trend will change since centralized companies now are becoming worst after so many incidents of being bankrupt and mismanagement, People are losing their money.

Dubaian

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Quote from: Slow death on September 05, 2021, 07:08:23 PM

in the last few days it's been very difficult to trade in Binance, constantly log out and I'm also seeing that it seems that the trade fee has increased or is it just my impression? and with this history of binance being targeted by all governments or at least being targeted by some governments it has become even harder to trust binance, binance is also being tough on the KYC issue, I predict tough times for exchanges

Yes, Binance's trending systems have been very difficult for the past few days. Trading is now more difficult than ever before it was not so difficult to trade on Binance. Even now nothing can be done without KYC in Binance. Their security systems are currently the most powerful. Further security rules may need to be followed to trade on Binance.

borovichok

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Activity: 1120

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Leading Crypto Sports Betting & Casino Platform

Quote from: Mr. Magkaisa on November 23, 2022, 08:59:39 AM

- In my observation, due to the incident that occurred in FTX, most communities here in the cryptocurrency have had a lack of trust in centralized exchanges and seem to want to return to decentralized exchange site platforms.

In my view, it is normal for other crypto enthusiasts to feel this way, but for those who are deep in crypto and have a lot of experience, there is of course still trust in centralized and decentralized platforms.

And for me, in the centralized platform, the one that can be trusted is Binance, Houbi, Gate.io, Bitforex, Kucoin, and Digifinex, while on Dex, Quickswap, Uniswap, Pancakeswap, Biswap, and Apeswap.

Debating on either Centralized or decentralized exchanges to use for trading is simply not the best thing to do at the moment, instead we shouldn't be running to and fro, because if an exchange will fail, there's nothing that will stop it from dumping. So the best alternative available is to make proper research on the top centralized and decentralized exchanges to use and be fully assured about their strong security wall. FTX incidence is a big lesson to some traders and some are victims while some have learnt from it. Everyone have there view on the centralized exchanges that are save for trading, Binance ranked top on the list of the centralized exchange to use because it's highly covered with strong backups moderators. While for decentralized exchange, I'm going for pancakesswap because it's very essential and popular, people use it highly in trust wallet.

LUCKMCFLY

legendary

Activity: 2380

Merit: 1848

Leading Crypto Sports Betting & Casino Platform

Quote from: Mr. Magkaisa on November 23, 2022, 08:59:39 AM

- In my observation, due to the incident that occurred in FTX, most communities here in the cryptocurrency have had a lack of trust in centralized exchanges and seem to want to return to decentralized exchange site platforms.

In my view, it is normal for other crypto enthusiasts to feel this way, but for those who are deep in crypto and have a lot of experience, there is of course still trust in centralized and decentralized platforms.

And for me, in the centralized platform, the one that can be trusted is Binance, Houbi, Gate.io, Bitforex, Kucoin, and Digifinex, while on Dex, Quickswap, Uniswap, Pancakeswap, Biswap, and Apeswap.

Well, to tell the truth, the best thing is to have our money on decentralized platforms, it's not bad, we already have the experience of FTX, which was something very terrible and strong for the people who lived through it, I don't want anyone to have their money stolen because Many people have a hard time getting it so that an exchange comes and takes it away just because there is a particular Exchange that wants to have all the power, so the best thing is to have our coins in decentralized exchanges and manage everything with private keys, for me it is the best, I have many friends who no longer trust any exchange, no one wants to lose their money.

Mr. Magkaisa

sr. member

Activity: 714

Merit: 277

- In my observation, due to the incident that occurred in FTX, most communities here in the cryptocurrency have had a lack of trust in centralized exchanges and seem to want to return to decentralized exchange site platforms.

In my view, it is normal for other crypto enthusiasts to feel this way, but for those who are deep in crypto and have a lot of experience, there is of course still trust in centralized and decentralized platforms.

And for me, in the centralized platform, the one that can be trusted is Binance, Houbi, Gate.io, Bitforex, Kucoin, and Digifinex, while on Dex, Quickswap, Uniswap, Pancakeswap, Biswap, and Apeswap.

Uzairjutt275

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Activity: 210

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Quote from: sajedul islam on August 24, 2020, 10:56:26 AM

Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading,
For example, the centralized trading platform is Binance, Kucoin
And decentralized trading platforms are Nash, Ether Delta, Binance DEX, Idex
Now I want to know which decentralized trading platform is better than Cryptocurrency trading platform or decentralized trading platform, which means which centralized and decentralized trading platform can be more secure.

There are many centralized and Decentralized cryptocurrency trading platform in market. I suggest you to use B
inance and Kucoin for a centralized trading because these are the most famous and trusted trading platform in market. In Decentralized, I recommend you to use Pancake swap and uniswap these two are full secure and also trusted.

LUCKMCFLY

legendary

Activity: 2380

Merit: 1848

Leading Crypto Sports Betting & Casino Platform

Quote from: Sweetbtc on September 08, 2021, 12:41:04 PM

Mostly I believe on binance due to its strong security system, and its own easy system for the beginners that they always want to trade on binance and I'm also trade in it having its best features. Then it can also be easy for the people who are using or trading in binance, it will be helpful as well.

Binance is one of the best platforms to do trading and has the best security forms for people worldwide, the only thing I did not like about Binance is that they had a small mishap with users from Colombia, who subjected them to swear to a review of their funds due to a policy of other countries of wanting to investigate them, then this already indicates to me that Binance collaborates with police from any country to investigate others, even being police from other countries which was completely illegal and a lack of respect, then this type of thing is what makes us think that sometimes the funds are better kept in our wallets.

JunkieMiner

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There are many cryptographic money applications accessible for Android and many website and many can help with procuring exchanging and overseeing computerized resources Cryptocurrency trade applications are the most famous type of crypto application, yet numerous different applications can enhance a trade application. Some applications, as BlockFi let you procure automated revenue from your digital money From loaning stages to trades and portfolio supervisors there are a lot of uses that each fan ought to have on their platform

Raflesia

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_""""Duelbits""""_

Quote from: Ararbermas on November 29, 2021, 01:16:30 PM

Quote from: horrifiedx1 on November 29, 2021, 02:40:36 AM

Binance is indeed the most popular exchange, in addition to satisfying features, Binance's responsibility to its customers is also very good. binance is willing to replace hacked customer funds, making this exchange even bigger. On the other hand, the BSC network is also very helpful with low fees and transaction speed

yeah i agree because binance has a lot of features when it comes trading, that's why i love using this platform especially when it comes their partners such banks and etc because here in our country we can easily covert crypto in easy steps.. There's a p2p as well which very smooth and safe, and you know if i need cash i always used that feature and it very fast. That's why for me passing kcy is worth it in binance because i can totally enjoy whats stuff within. Very useful for short..

The P2P feature is what I often use to transfer funds more easily, practically there are also other features that make people like it more but Binance is still a favorite and for me the funds are hacked then Binance may have insured so that's the full responsibility of the platform do.
Withdrawing with multiple banks is a good thing, meaning they are leveraging this partnership a lot more to reach users from different countries which Binance might make easy.

Ararbermas

sr. member

Activity: 1988

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Quote from: horrifiedx1 on November 29, 2021, 02:40:36 AM

Binance is indeed the most popular exchange, in addition to satisfying features, Binance's responsibility to its customers is also very good. binance is willing to replace hacked customer funds, making this exchange even bigger. On the other hand, the BSC network is also very helpful with low fees and transaction speed

yeah i agree because binance has a lot of features when it comes trading, that's why i love using this platform especially when it comes their partners such banks and etc because here in our country we can easily covert crypto in easy steps.. There's a p2p as well which very smooth and safe, and you know if i need cash i always used that feature and it very fast. That's why for me passing kcy is worth it in binance because i can totally enjoy whats stuff within. Very useful for short..

horrifiedx1

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Quote from: Sweetbtc on September 08, 2021, 12:41:04 PM

Mostly I believe on binance due to its strong security system, and its own easy system for the beginners that they always want to trade on binance and I'm also trade in it having its best features. Then it can also be easy for the people who are using or trading in binance, it will be helpful as well.

Binance is indeed the most popular exchange, in addition to satisfying features, Binance's responsibility to its customers is also very good. binance is willing to replace hacked customer funds, making this exchange even bigger. On the other hand, the BSC network is also very helpful with low fees and transaction speed

Mukko

newbie

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Quote from: Jazzi Mahesh on September 03, 2021, 02:24:10 PM

There are lots of Crypto currency trading platforms but look for the one who have good reviews and expert traders.

You can see reviews from the same users like you on crypto totem. It seems to me that this will allow you to get the most truthful information at first hand. Perhaps among the many crypto platforms reviews you will also find the opinion of expert traders. But what I'm absolutely sure of is that there will be information about most of the cryptocurrency exchanges.

Sweetbtc

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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Mostly I believe on binance due to its strong security system, and its own easy system for the beginners that they always want to trade on binance and I'm also trade in it having its best features. Then it can also be easy for the people who are using or trading in binance, it will be helpful as well.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

in the last few days it's been very difficult to trade in Binance, constantly log out and I'm also seeing that it seems that the trade fee has increased or is it just my impression? and with this history of binance being targeted by all governments or at least being targeted by some governments it has become even harder to trust binance, binance is also being tough on the KYC issue, I predict tough times for exchanges

Na0m1

newbie

Activity: 11

Merit: 0

Quote from: Jazzi Mahesh on September 03, 2021, 02:24:10 PM

There are lots of Crypto currency trading platforms but look for the one who have good reviews and expert traders.

Yeah, too many of crypto platforms. Well, where do u propose to look? Do u have suggestions? It seems to me that u urself dont know where to look. But I know, for ur luck.

I quote:
Best Crypto Exchanges: The list of cryptocurrency exchanges includes detailed reviews and additional information about trading platforms and bitcoin marketplaces that customers can explore before deciding to use them. Users can easily find and select the biggest digital currency exchanges with expert reviews, 24-hour volume, deposit methods, total coins, locations, trading/withdrawal fees, and more. The guys at crypto totem created this unique opportunity to help people make better decisions for trading strategies.

No thanks needed Wink

.

Jazzi Mahesh

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There are lots of Crypto currency trading platforms but look for the one who have good reviews and expert traders.

jaberwock

legendary

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Quote from: ?? on ??

The KYC being unnecessary isn't true at all, the big exchanges are requiring them now especially with big deposits or even just the deposit feature. Wouldn't you also have no control over your funds technically with decentralized exchanges too if you're funds are stored there?

It’s only centralized exchanges that are requesting for KYC. It’s just like Binance, it’s centralized, and at some point you will be required to fully verify your identity before you can trade to a certain amount. That’s the same thing with Coinbase, you will have to verify yourself and you will also have to submit your picture to them to prove that you’re the one on your ID. But, that’s not how a decentralized exchange works, in decentralized it exchanges you don’t have to give your information, and the trade is P2P. Both CEX and DEX has their advantages and disadvantages, and whatever works best for you, you just stick to it.

Mkmanik

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Quote from: Sweetbtc on August 24, 2021, 02:47:40 PM

Trust wallet has Dapps which gives you access to uniswap and pancake swap. Seems to be a good setup and much secure than any centralize exchange.

Yeah. If I need to use a Decentralized exchange, I like to use the Trust wallet Dapps function. I feel safe there, But for trading there I created some other account when my funds are only for trade. Not for store altcoin.

Quote from: zahed on August 29, 2021, 03:46:20 PM

I do not think so , Becuase in the centralized exchanges you have not control your fund because they didn’t not provide seed or key but decentralized exchanges you have access to control your funds and also you don’t necessary to Kyc.

Nowadays Decentralized exchanges are more popular. But a few years ago it was not so popular. Because at Decentralized exchange there was not enough volume, liquidity,order book, etc. So people like to use Centralized exchanges like Binance, Kucoin. I have no problem with KYC. With the help of KYC, I get some extra facilities at Centralized exchange. Also, Binance now offers SAFU, So my funds are safe there.

Topic: Cryptocurrency trading platform (Read 1267 times)