Binance, Forkdelta, and Indodax...
Until now, I am very active in these 3 exchanges, I am very comfortable, I am not very good at arbitrating or moving assets to another exchange due to price differences. these three are very top for me.
Topic: Finding the best cryptocurrency exchange to trade on - What is your top pick? - page 2. (Read 366 times)
March 27, 2020, 03:56:07 PM
March 27, 2020, 02:55:55 PM
But beside that exchange i will recommend on KuCoin, Okex, Poloniex, Coinbase Pro and Bittrex.
I will remove Poloniex from the list of trusted exchanges, Poloniex has a bad reputation even many people have accused Poloniex of fraud.A friend of mine was deleted by Poloniex account without any reason, if you decide to participate in trading on Poloniex be careful.
March 27, 2020, 02:54:29 PM
Binance and Kucoin for me. I had zero problems with either of them. The others either have weird KYC policies or shitty layouts. If I had to choose one, I'd go with binance. That doesn't mean Kucoin is bad though. It is just, binance is better.
March 27, 2020, 02:52:01 PM
The majority of people will choose binance as their best exchange and neither do I. Binance is an electronic platform with large trading volume and leading reputation today. Of course, Kucoin or Houbi are also good choices if you want to find a reputable exchange to trade.
March 27, 2020, 01:13:08 PM
Decentralized exchanges have a long way to go. It's a shame that most traders still prefer to surrender their identity and risk their funds on centralized exchanges. Let us see if there will be changes when regulators clamps down on these exchanges.
Because traders as of now prefer trading volume, large transaction volume means there is a high chance that you are quickly execute trading if there are many pairs to trade. It is good to trade in the decentralized exchange when it comes to avoiding KYC but if you see traders didn't most active. If I am going to choose, I will go to the Binance exchange. They are the most popular exchange platform now and I think that is the best cryptocurrency exchange to trust with. If someone having difficulties with looking exchange whether it is DEX or CEX. Look at this thread, https://bitcointalksearch.org/topic/list-of-decentralizedcentralized-exchanges-2906237.
March 27, 2020, 12:32:31 PM
Although I am not choosing based on a single factor, my most important priority is the transaction volume. Transaction volume is more important than other factors because many users with high transaction volumes have already proven themselves, so many prefer it. However, there are a few important factors to consider except for the peak point. It is very important that the service to be preferred has a good project team and good technical support. On the other hand, the fact that this project team is reliable and pioneering in the industry will also affect the reliability and reputation factors of the service. In addition to all these factors, another detail to be considered is transaction fees and transaction pairs. Services that provide sufficient trading pairs and provide ideal transaction fees & commission rates are always one step ahead for me. Although I answered a little more than the peak point question, I want to say that the peak point for me is the transaction volume, but there are also services that show the transaction volume in an inflated way. For this reason, other factors I mentioned are also very important to me.
March 27, 2020, 11:55:47 AM
Decentralized exchanges in the top 100 exchanges based on Trust Score:
68. Idex - 7
71. Bamboo Relay - 7
80. dYdx - 6
88. Binance DEX - 6
Bisq is ranked 256 with N/A Trust Score.
Decentralized exchanges have a long way to go. It's a shame that most traders still prefer to surrender their identity and risk their funds on centralized exchanges. Let us see if there will be changes when regulators clamps down on these exchanges.
68. Idex - 7
71. Bamboo Relay - 7
80. dYdx - 6
88. Binance DEX - 6
Bisq is ranked 256 with N/A Trust Score.
Decentralized exchanges have a long way to go. It's a shame that most traders still prefer to surrender their identity and risk their funds on centralized exchanges. Let us see if there will be changes when regulators clamps down on these exchanges.
March 27, 2020, 11:43:07 AM
...
The majority of people don't care about the cryptocurrency ideologies. Alternative currency, privacy, etc are not important points to them.
As always #FollowTheMoney.
They're not interested in all this stuff because they're here for the money, buying at $x and selling at $xxx, purely for speculations.
Let's be honest, no matter what they say it is true. I can guarantee you that most of them never opened a white paper once in their life, don't know how to sign a message and they all are happy to be verified on an exchange (giving personal information).
You know, when there is money behind the human is pure shit and can even sell its own parents for some money
...
This question has been asked so many times here, it's a repetitive topic and the answers are always the same more or less.
March 27, 2020, 11:29:34 AM
It would very much handy if you would list and rate decentralized exchanges on a seperate list. I can't see any DEX in the top, may be because they didn't fit your rating criteria.
However, as expected, since I used to follow coingecko than other crypto tracking websites, Binance is always the best for me as well.
However, as expected, since I used to follow coingecko than other crypto tracking websites, Binance is always the best for me as well.
March 27, 2020, 11:14:21 AM
I mainly trade on the two major centralized exchanges, Binance and Poloniex, as they have sufficiently high liquidity. I also like KuCoin but it lacks liquidity and therefore trading there is a bit disappointing.
It happens that because of some new token/coins I am interested in, I have to trade on little-known exchanges as they are listed only there.
It happens that because of some new token/coins I am interested in, I have to trade on little-known exchanges as they are listed only there.
March 27, 2020, 01:52:36 AM
Custodial exchanges are the antithesis of Bitcoin and cryptoassets. Why even bother with these new technologies if you're not even going to use the benefits they offer?
The list of useful trading technologies should actually be pretty short:
- Bisq
- SIBEX
Custodial exchanges are basically all grey market, as they are offering securities trading but are not licensed. Many will exit scam. All of them take your money, and can do whatever they like with it. And they have the power too easily trade against you.
Edit: did you know that most of those custodial exchanges get their pricing data from the same place? That's why they all went dark at the same time a little while ago.
March 27, 2020, 01:31:47 AM
Now I only use 2 exchanges namely Binance and Indodax (local exchange), I myself have a definition of a reliable exchange, one of which is if the exchange volume is high, it means that many believe in the exchange and will also make my trading transactions faster.
For local exchange that I have use because I know their office and have license from the institution that handle crypto exchange.
For local exchange that I have use because I know their office and have license from the institution that handle crypto exchange.
March 27, 2020, 01:17:42 AM
so far "best exchange" has always meant an exchange that has not yet reached its expiration date. every exchange had it in the history and new ones are all the same. they all have a short lifetime when they reach the end of the line and either get hacked for real to go down in flames or decide to scam their users on a large scale and disappear. so far there has not been any exception to this rule and i have no reason to believe otherwise.
as a result, the choice is either real decentralized exchanges or taking the extremely high risk route of centralized exchanges. and for that we stick to the "most popular" ones, which is why Binance is on top right now.
as a result, the choice is either real decentralized exchanges or taking the extremely high risk route of centralized exchanges. and for that we stick to the "most popular" ones, which is why Binance is on top right now.
March 26, 2020, 08:59:05 PM
So many scam exchanges listed there - you're not doing yourselves any favors by listing so many scams. Did you just copy CMC? Bitcoinaverage.com actively delete any exchanges that are scamming - you should do the same if you want to be taken seriously.
Bisq is my preferred exchange - strange that you don't list one of the few truly decentralized exchanges.....
Listing do not mean endorsement. We list it and to inform user what goes behind the exchange and also its liquidity and reliability as best as possible.
We do have Bisq at https://www.coingecko.com/en/exchanges/bisq
You have a lot of metrics in the classification of exchange platforms, which looks good, but needs to be further adjusted, as there are no periodic updates to all categories, as the latest update of a famous platform (like Binance) dates back to 2019.
The amount of liquidity in BTC and whether it is accurate or not considered are not considered.
It is also best to leave the option to the user to set the trust levels so that he re-categorizes the platforms according to his preferences.
I also hope that you remove the new platforms and put a lot of restrictions before they are included.
The amount of liquidity in BTC and whether it is accurate or not considered are not considered.
It is also best to leave the option to the user to set the trust levels so that he re-categorizes the platforms according to his preferences.
I also hope that you remove the new platforms and put a lot of restrictions before they are included.
Would it possible for you to share the updates that you would like to see? So we can see how we can incorporate that
March 26, 2020, 06:55:43 PM
I believe many will talk about binance exchange. But beside that exchange i will recommend on KuCoin, Okex, Poloniex, Coinbase Pro and Bittrex. Personally i trade on those exchange and i can tell those exchanges are much better than others. If you are tension for security about your asset, looking for more liquidity, want to trust, fast transaction, new event and good customer support then you should try those exchange for your crypto trading.
March 26, 2020, 07:16:50 AM
You have a lot of metrics in the classification of exchange platforms, which looks good, but needs to be further adjusted, as there are no periodic updates to all categories, as the latest update of a famous platform (like Binance) dates back to 2019.
The amount of liquidity in BTC and whether it is accurate or not considered are not considered.
It is also best to leave the option to the user to set the trust levels so that he re-categorizes the platforms according to his preferences.
I also hope that you remove the new platforms and put a lot of restrictions before they are included.
The amount of liquidity in BTC and whether it is accurate or not considered are not considered.
It is also best to leave the option to the user to set the trust levels so that he re-categorizes the platforms according to his preferences.
I also hope that you remove the new platforms and put a lot of restrictions before they are included.
March 26, 2020, 07:08:46 AM
So many scam exchanges listed there - you're not doing yourselves any favors by listing so many scams. Did you just copy CMC? Bitcoinaverage.com actively delete any exchanges that are scamming - you should do the same if you want to be taken seriously.
Bisq is my preferred exchange - strange that you don't list one of the few truly decentralized exchanges.....
March 26, 2020, 12:32:52 AM
top pick would be binance
I would pick the same. Binance.
Quote
At CoinGecko, we rank exchanges not by "Volume" as we do not believe in just looking at volume as a measure of liquidity.
Actually, volume is very important in my case. There had been worst experiences when I have traded into low-volume driven exchanger. In-fact the coins that were traded on the exchange was on high demand yet they had no volume to trade and all the money was stuck there.
Just checkout comparison between two exchanger for same pair down below (Its just random comparison on two random Exchangers)
You can see there is big difference in volume, 24 Hours change ratio which tells the trade is faster on one as compared to another.
So you can think on which to use based on Volume actually.
March 25, 2020, 09:18:15 PM
top pick would be binance
March 24, 2020, 09:33:21 AM
As crypto natives ourself, we know that it can be challenging for traders to find the most reliable exchange to trade on.
In our definition, a reliable exchange is one that you can trust for its liquidity, resilience, wide variety of tokens to choose from, and their ability to handle crisis.
At CoinGecko, we rank exchanges not by "Volume" as we do not believe in just looking at volume as a measure of liquidity.
In fact liquidity can be derived by looking at the spread, orderbook thickness, and slippage (which are all available on CoinGecko, here is an example for bitcoin)
Here are the top cryptocurrency exchanges on our side and we hope this can help drive traders to the exchange with the best liquidity!
https://www.coingecko.com/en/exchanges
And if you trade perpetual contracts or futures, we have it too https://www.coingecko.com/en/exchanges/derivatives
Let us know what you think! And also what are your favorite exchanges?
In our definition, a reliable exchange is one that you can trust for its liquidity, resilience, wide variety of tokens to choose from, and their ability to handle crisis.
At CoinGecko, we rank exchanges not by "Volume" as we do not believe in just looking at volume as a measure of liquidity.
In fact liquidity can be derived by looking at the spread, orderbook thickness, and slippage (which are all available on CoinGecko, here is an example for bitcoin)
Here are the top cryptocurrency exchanges on our side and we hope this can help drive traders to the exchange with the best liquidity!
https://www.coingecko.com/en/exchanges
And if you trade perpetual contracts or futures, we have it too https://www.coingecko.com/en/exchanges/derivatives
Let us know what you think! And also what are your favorite exchanges?
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