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Topic: How to choose the right exchange? - page 5. (Read 880 times)

member
Activity: 140
Merit: 13
February 28, 2018, 02:53:09 PM
Depending on the needs, country, trading volume, security and many other factors the user can choose an exchange that’ll suit his requirements.
Basic information such as the location of the exchange, the name of the founder and the market they focus on can be the first step for choosing the Bitcoin exchange.
copper member
Activity: 28
Merit: 0
February 28, 2018, 02:50:04 PM
Before choosing the right exchange site, consider some factors first. These may include the verification method used and how the site handles users’ private details. Always ensure that you have a verified status and the data you send to the site is acceptable before moving forward. A site that does not allow verification of data is probably a scam because you might not be able to withdraw money in that case.
member
Activity: 308
Merit: 10
February 27, 2018, 10:11:28 AM
Do some research before you use one and also find the reviews. People will tell their honest opinions on it
member
Activity: 392
Merit: 10
send and receive money instantly, with no hidden c
February 27, 2018, 10:03:00 AM
It really depends on your requirement. For example if you simply want to buy BTC and HODL then  I would suggest Coinbase.  But if you are planning to do some trade every now and then, you should chose something else.

Coinbase fee is way too much for doing trade. i use  kraken  for some small trading.
Right now, depending on the needs of investors whose investments are different, we can see that Bitcoin, as well as its market price, is volatile, investors small or inexperienced always looking for ways to grow fast but the risks that the virtual currency brings are many, for me now I choose for myself Ethereum to invest
hero member
Activity: 868
Merit: 500
February 27, 2018, 07:46:09 AM
Personally I check following factors:
security level;
commission per operation;
trading volume;
amount of assets;
lags;
ways of money withdrawal.
newbie
Activity: 119
Merit: 0
February 27, 2018, 07:25:50 AM
I am only looking for a few factors like the cheapest purchases and the highest selling rates of a particular exchange, how long the market exchanges and historical track record with security and quick response to ticket support I also need a fast and responsive trading platform that is not lag or pause, I hope immediate exchange will allow their users to set their own mining costs.
member
Activity: 199
Merit: 10
February 25, 2018, 08:29:11 AM
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?
To choose a good trading exchange platform you have to prioritize the security above all the feature because if the security is compromise you might lose everything you have on that exchange, second is the fee, it must have a competitive transaction fee specially for the beginners. 3rd is the credibility of the exchange. Is this exchange have a good credibility, because it will determine the volume of the exchange, the higher the trust the higher the volume of trades would get.
full member
Activity: 376
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
February 25, 2018, 06:43:22 AM
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?


your questions are too many and simple. each altcoin is sometimes different on the exchange place, depending on the developer placing it.
for altcoin, you can find altcoin that you think is good that can bring profit. Well, here's what you have to do with the knowledge you have. try
jr. member
Activity: 280
Merit: 3
February 25, 2018, 06:42:53 AM
There is a lot of very good exchanges that I use.
For deposit fiat I use Coinbase.
For stable coins I prefer Binance - it has the biggest volume, best layout, it is fast and also have desktop and mobile app
For smaller or newer coins that are not listed on Binance I usually use Cryptopia and KuCoin.
Very interesting is COSS - new exchange that has some unique coins on it and also have nice program af split sharing of 50 % of the fess with all token holders every Sunday.
full member
Activity: 308
Merit: 100
BIG AIRDROP: t.me/otppaychat
February 25, 2018, 06:39:20 AM
Well, I have plenty exchanges that I use for trading because some exchanges don't have the coin or token that you want trade to.
full member
Activity: 293
Merit: 107
February 25, 2018, 06:29:39 AM
It depends on where your campaign reaches the marketplace but I'm more interested in transferring binance and bitrrex for easier trading procedures and less money for your coin
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 25, 2018, 04:56:05 AM
Better to look on the website's review, try also to research the website if it is scam or not. Try to ask someone who made transactions already from them.
Yes this is true many websites exchanges are spread now but you can choose what is the most effective for you or not.For me as of now I'm using cryptopia,coinexchange and binance.

cryptopia and binance is good exchanges site and I see there are many of us is use this two sites. I think he needs to try one by one until he can find what sites that he like so he can start to trade on that site. besides that, I think he doesn't have to use just one site because the more site we can do trade, the more money that we can earn but of course, he also needs to have skills to make money from each of sites.
full member
Activity: 406
Merit: 102
February 24, 2018, 09:00:58 PM
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

I don't use only one exchange. Not all altcoins are found in one exchange so i have to have all the other exchanges where i can put my coins into. But if you mean btc, there are many things you have to consider to choose which exchange you will put it on. First thing first, which exchage has the lowest fees so that you can get the most out of your investment. Also, make sure its security is high to protect your funds from being hacked. Last thing is the trade volume. The more people trading in tgat exchange the more the movement of your coin.
member
Activity: 221
Merit: 10
February 24, 2018, 08:38:23 PM
Better to look on the website's review, try also to research the website if it is scam or not. Try to ask someone who made transactions already from them.
Yes this is true many websites exchanges are spread now but you can choose what is the most effective for you or not.For me as of now I'm using cryptopia,coinexchange and binance.
full member
Activity: 182
Merit: 100
February 24, 2018, 07:50:11 PM
#99
It really depends on your requirement. For example if you simply want to buy BTC and HODL then  I would suggest Coinbase.  But if you are planning to do some trade every now and then, you should chose something else.

Coinbase fee is way too much for doing trade. i use  kraken  for some small trading.

Coinbase is very famous exchange but not all of country is accepting to use coinbase.
Kraken is old exchange too but i never use this site. The way choose exchange is from customer testimonial so we choose it because its popularity.
member
Activity: 473
Merit: 11
February 24, 2018, 06:59:20 PM
#98
the best exchange is if they have the best responds and very good when serve the customer or when there's some complaining about the transaction in or out from their account
newbie
Activity: 42
Merit: 0
February 24, 2018, 04:37:26 PM
#97
I think the best way to find a good exchange is to look for the top exchanges on coinmarketcap and find the one that has a coint that you want to exchange
member
Activity: 406
Merit: 10
February 23, 2018, 05:14:27 PM
#96
Depending on your use, you can select the most suitable exchange for you. I usually use Binance and Kucoin because it meets such factors as: low cost, high security, easy to use interface, fast transaction and very good support. Consider these factors to choose the most suitable Exchange for you.
sr. member
Activity: 1274
Merit: 263
February 23, 2018, 04:59:36 PM
#95
You can trade to these exchanges site like binance,  bittrex, poloniex,  bibox you can start trade and you can choose a lot of altcoins there and they have a lot of traders too so that's why this is safe. It's your decision if you want to trade on that exchanges site but I hope you can make a research of list of exchanges site so you can choose best exchanges site for you.  Choose wisely sir better to those have big volume trade everyday.
full member
Activity: 280
Merit: 100
February 23, 2018, 04:57:43 PM
#94
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

The choice of exchange floor depends a lot on the cryptos you want to exchange. If it is Ethereum, then OKEx is very popular in the exchange ETH to USDT and BTC, the total trading volume accounted for 8% of the market. You can select the exchange floor quickly by looking at Coinmarketcap corresponding to the cryptos you need to exchange.
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