Topic: [Guide] Best/Top Crypto Exchanges: Fees & more (Read 552 times)
Not every cryptocurrency exchanges are working similarly. Some support crypto-to-crypto exchange, while some others support crypto-to-fiat. Some exchanges support both as well. A list of top cryptocurrency exchanges- https://www.coinspeaker.com/top-crypto-exchanges/
Don't use Bitstamp. They are currently not performing USD fiat withdrawals. My guess is some kind of money crunch or theft that they refuse to publicize. There are people that have been waiting over 2 months for their funds to be moved out of Bitstamp. There are people looking to spearhead a class action lawsuit against them.
USD withdrawal is problem on all exchanges but not that serious, some manage to clear this problem. Me personally go for euro cuz im from Europe and its instant payment to my card.
I used Bittrex and HitBTC since 2015 and both exchange is very good exchange, both exchange never get any issue of hack and has good reputation. And for now i used Binance as well because alot of good altcoin tradeable there. All these exchange also provide feature of stop limit that i need it for stop loss that important to use and apart of risk management.
Don't use Bitstamp. They are currently not performing USD fiat withdrawals. My guess is some kind of money crunch or theft that they refuse to publicize. There are people that have been waiting over 2 months for their funds to be moved out of Bitstamp. There are people looking to spearhead a class action lawsuit against them.
I like your post, even I'm not expert in trading/ investment, your information very helpful. To exchange my asset into currency I need exchange services but sometimes I get confuse which one I should take? Now I don't need to afraid exchange my asset because your information. Thank you so much.
Glad to see people are still finding it useful 
I will update this soon with more exchanges but for the time being, this guide should be sufficient for anyone who is looking to trade crypto currency.Which exchanges have you decided to use?
P.S. There's no need to quote the whole OP, you can trim it to what you want to discuss from it.
Binance all the way! My second exchange I started trading on is Binance and ever since then, I have come to enjoy it. To me, it has always have an easy interface and navigation making trading easy. I first started trading with Bittrex but the issue of incompetent support unit made me migrate to binance and I have not regretted doing so.
The important thing about exchanges in bitcoin is the trust they make as well, just the fee is not enough. Binance has been a great website for us because it has low fee's , it creates its own token for lower fee as well, they have been providing more and more coins as well and just listen to their users for which coins to add next and they also have been getting attacked by everyone and yet they have not crumbled so far which means they are trustworthy. There were many times where binance was attacked and they have done amazing defensive precautions to keep their customers safe and sound. I love binance so much.
Very interesting list and help full with basic information, everything that is needed for the picking the right exchange. One thing, from my personal experience, cuz I use cex and they have all this as well. Everything is good with them with good support and good response time. Also have good security which is constantly updated. Maybe if you consider this as option we can suggest some other exchange for this list on global level or just EU based exchange, cuz they are stationed in London. This is just suggestion off course.
There's a small one that I really like: BL3P. It's only used for EUR-BTC trading, aiming at EU-users, and is currently invite only. They responded very fast when I contacted support, and that's the reason they don't want to grow faster than they can handle.
Any chance I could get an invite to that? I'm also trading with EUROs.Where's Poloniex in your list? I've recently opened an account for my altcoin experiment, they've had their problems in the past, but as far as I know they have quite a lot of users.
Yeah, would need to look into that as well. I think I have an account there but haven't really used it to be able to include it here.Are there even exchanges that ask for less than 0.5 mBTC nowadays? That's about 100 times more than needed, and at least 10 times more than needed to have a fast transaction most of the time.
As far as I know, all the serious exchanges charge that or more.Personally for me, I am using Binance, Bittrex and Kucoin at the moment. Certainly my first criterion is good security, they all have that, and most of the time, and the security of your account is usually dependent on you as an individual. Secondly, the trading volume and fees is one thing I really do not joke with and that has made binance and Kucoin my main exchanges that I used.
I see a lot of people also use Kucoin, I think I need to look into it too. 
I was expecting more interest in this thread to be honest. 
What exchanges are you guys using and what was your criteria when selecting them?
Personally for me, I am using Binance, Bittrex and Kucoin at the moment. Certainly my first criterion is good security, they all have that, and most of the time, and the security of your account is usually dependent on you as an individual. Secondly, the trading volume and fees is one thing I really do not joke with and that has made binance and Kucoin my main exchanges that I used. What exchanges are you guys using and what was your criteria when selecting them?
For some reasons, I guess the only reason I still do some trade on bittrex is the loyalty, but the fee after the feel of binance and Kucoin, can be pretty frustrating for 0.25% and I really wish that can be changed but all the same, it is also a very good and reliable exchange.
- After all that I've read about HitBTC, it's not on my list of trusted exchanges. I've used it, it worked fine, but I don't trust them with deposits.
There's a small one that I really like:
I switched to this one instead of Kraken because of Kraken's terrible performance (whenever there was action on the market, Kraken went down), and it has much higher withdrawal limits.
Where's Poloniex in your list? I've recently opened an account for my altcoin experiment, they've had their problems in the past, but as far as I know they have quite a lot of users.
Criteria for selection
Are there even exchanges that ask for less than 0.5 mBTC nowadays? That's about 100 times more than needed, and at least 10 times more than needed to have a fast transaction most of the time. - low fees for trading/depositing/withdrawing
I try to register on binance and i check that everybody can cash out 2btc with or without id verification some sort of kyc? Is it true? I am using app an app of binance, can i trade smoothly using binance app? However, thank you for the additional information tho.
I'm trading on bitfinex, so I can call myself an expert
Binnace is a great exchange, the volume of trade are the best and you usually have small spread which is a good thing if you intend sell your tokens on time. Hibtc is good also but it seem to be receiving a lot of hits from John McCafe. I have not had any issues with them though
Bitfinex is actually a big no for me, like was before I created an account there but to my astonish I can't make any deposit since I need to have at least a $10k balance, though it's accumulated it's impossible for me to have that. So I ended up not using it even I really need it.
Hmm... Interesting, I wasn't required to deposit $10k. Could this be a new policy change? Or maybe something dependent on geographic location?Wow I just know that, 779 pairs. Considering many hated hitbtc plus the fees that literally robbing us but if the liquidity is concern then fees shouldn't be weigh.
I guess they are charging higher fees because they also need more personnel to maintain all those trading pairs and issues associated with them.I'm glad to see this question By the way, your guide is great. Really useful, not only for newbies.
Answering your question. I'm using CEX (https://cex.io/), their security measures and an easy-going interface played a decisive role for making a choice. Though the verification procedure looks like it's gonna eat you alive but this also makes you feel safe and confident.
By the way, your guide is great. Really useful, not only for newbies.Answering your question. I'm using CEX (https://cex.io/), their security measures and an easy-going interface played a decisive role for making a choice. Though the verification procedure looks like it's gonna eat you alive but this also makes you feel safe and confident.
Yeah i too had been using cex.io for some years and it is also a good site.
Earlier it took a long time for verification but i guess things have changed now.
only 1 problem I faced when I wanted to update my details there,it really pissed me off.
can anyone tell me what is the present scenario in bitbuy.ca and shapeshift, I had been thinking to use some other exchanges for some different reasons.
Looks like I need to check out CEX.IO Earlier it took a long time for verification but i guess things have changed now.
only 1 problem I faced when I wanted to update my details there,it really pissed me off.
can anyone tell me what is the present scenario in bitbuy.ca and shapeshift, I had been thinking to use some other exchanges for some different reasons.
Will review it and add it here later on. Thanks for the suggestions!I think it should be noted that most of the large crypto exchanges have already emitted their own ERC20-tokens (for example, BNB, HT, etc). These tokens can be bought for getting bonuses and discounts. As I can see, not all the exchanges support the "trailing stop (TS)" function. Nice guide, good work.
Yes, good point. Some of them offer big discounts on fees, like Binance with the 50% off on fees if you're using their token to pay for them. 
I think it should be noted that most of the large crypto exchanges have already emitted their own ERC20-tokens (for example, BNB, HT, etc). These tokens can be bought for getting bonuses and discounts. As I can see, not all the exchanges support the "trailing stop (TS)" function. Nice guide, good work.
Great content, would give merit if I have one.
I agree with this list, I am using Binance Exchange Platform for quite some time now, and
so far so good.
I agree with this list, I am using Binance Exchange Platform for quite some time now, and
so far so good.
Yeah i too had been using cex.io for some years and it is also a good site.
Earlier it took a long time for verification but i guess things have changed now.
only 1 problem I faced when I wanted to update my details there,it really pissed me off.
can anyone tell me what is the present scenario in bitbuy.ca and shapeshift, I had been thinking to use some other exchanges for some different reasons.
Earlier it took a long time for verification but i guess things have changed now.
only 1 problem I faced when I wanted to update my details there,it really pissed me off.
can anyone tell me what is the present scenario in bitbuy.ca and shapeshift, I had been thinking to use some other exchanges for some different reasons.
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