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Topic: How to choose the right exchange? - page 7. (Read 880 times)

newbie
Activity: 56
Merit: 0
February 17, 2018, 07:34:46 PM
#73
I think that I choose to change right is binance because it is reliable and not scam when you try it will not lose your money
full member
Activity: 350
Merit: 100
February 17, 2018, 07:24:00 PM
#72
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

the best exchanges in my point of view are coinbase and binance because many people talk about them and use them as well.
hero member
Activity: 1148
Merit: 504
February 17, 2018, 07:14:58 PM
#71
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?
I use poloniex and remitano, good service

Poloniex i dont know, but remitano...
remitano Is a fraud...
fees ocult
no good suport
are a thieves...
poloniex has very bad contact support you know, very poor with communication, I ever made a ticket because of a problem and they let my ticket open more than 1 month without any 1 reply from them, it seems they are also ignore a lot of tickets. I would not recommend poloniex, now I use Binance for trading, has a large marketcap and trusted
newbie
Activity: 82
Merit: 0
February 17, 2018, 07:10:20 PM
#70
My number one is BINANCE, No double !
hero member
Activity: 2110
Merit: 502
February 17, 2018, 07:06:00 PM
#69
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?


Perhaps most people first ask their friends who may have long wrestled in the bitcoin field, surely they must know which exchange is deeply believed, surely there is much that they know about exchanges, for example Bittrex which is still consistent for a good exchange and safe ..
full member
Activity: 1210
Merit: 100
February 17, 2018, 07:04:13 PM
#68
I think, to get the benefits you must come to all markets, so you can compare the altcoin price you want.

example monero price in hitbtc cheaper than in bittrex, then you can buy in hitbtc then you sell it in bittrex.

and it is one of the ways that traders make profits.
newbie
Activity: 58
Merit: 0
February 17, 2018, 06:47:58 PM
#67
Look for the most number of users or accounts, itll be smarter to go for the top 5 exchanges. They are at the top for number of reasons, most number of users, most money coming in, but better to diversify your funds to several exchanges.
newbie
Activity: 70
Merit: 0
February 17, 2018, 06:45:52 PM
#66
simply go with the most number of users, you can also assume that more money will come to that exchange. also check with their technical history issues.
newbie
Activity: 173
Merit: 0
February 17, 2018, 06:43:43 PM
#65
For me, you can always ask other people here if you need help and you have problems about bitcoin. The people here are way too helpful and smart. They have tactics and they know more about bitcoin. You can also make a research on your own, but, it is better if you learn from others feedback and knowledge.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
February 17, 2018, 06:38:11 PM
#64
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

I must start by saying that I don't really like or fully trust any exchange right now, either decentralized or centralized exchanges. There are to many hacks and issues for my taste in most exchanges, even at the big ones. For instance I like trading on Gdax, because they charge no fees if you are a market maker, and that is very good, because if you trade a lot, it does add up in the long run. I like scalping the market, so that means a lot to me. Although coinbase had never been hacked, they face some issues from time to time, like the recent credit card charge back problem. Other times they just make poor decisions, like delaying the implementation of segwit, and listing bcash the way they did, that probably allowed some inside trading.

Even with these things, I still make most of my trades with them, because of the lack of fees. There are other good exchanges as well, like binance, or good old poloniex that I sometimes use because of their lending feature.

As for decentralized exchanges, I'm only using etherdelta right now, even though they lag, and now they are "frozen" because of API issues.
full member
Activity: 560
Merit: 102
February 17, 2018, 06:36:00 PM
#63
Surely u would only use an exchange if it can exchange in to your fiat currency right ?
I was wanting to get a different exchange account but i dont understand the point of doing so.
Please can somebody enlighten me ?
if your local exchanger is trusted and as big as poloniex orbittrex then you only need account on your local exchanger, since you can withdraw direct to your local currency.
for me i use poloniex because my local exchanger only have 10 altcoin +1 bitcoin to trading, its hard to trading there cause there is not much coin's variation

ln my opinion for the exchange in this bitcoin we must monitor the market price bitcoin. because bitcoin prices sometimes go down and up, then before we redeem we should see the market price bitcoin.

The important thing to note is the volume of the market. Then the user level and its security. If many use the market, it is certain that the market is safe, and the coins available there are profitable coins with good future.
newbie
Activity: 6
Merit: 0
February 17, 2018, 06:23:57 PM
#62
Finding a good exchange is not such an easy job.  Wink
member
Activity: 136
Merit: 20
February 04, 2018, 01:48:36 PM
#61
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?
I use poloniex and remitano, good service

Poloniex i dont know, but remitano...
remitano Is a fraud...
fees ocult
no good suport
are a thieves...
newbie
Activity: 131
Merit: 0
February 06, 2018, 01:14:38 AM
#61
Surely u would only use an exchange if it can exchange in to your fiat currency right ?
I was wanting to get a different exchange account but i dont understand the point of doing so.
Please can somebody enlighten me ?
if your local exchanger is trusted and as big as poloniex orbittrex then you only need account on your local exchanger, since you can withdraw direct to your local currency.
for me i use poloniex because my local exchanger only have 10 altcoin +1 bitcoin to trading, its hard to trading there cause there is not much coin's variation

ln my opinion for the exchange in this bitcoin we must monitor the market price bitcoin. because bitcoin prices sometimes go down and up, then before we redeem we should see the market price bitcoin.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
January 20, 2018, 05:51:40 PM
#60
Just choose the most trusted one and that supports the coin you want to buy or sell.
There are plenty of exchanges but no one of them supports all coins, you will find your self obliged to use different exchanges.
Also coin prices differ from one to another and of course you will use the exchange where you can buy at low price and sell high.
member
Activity: 157
Merit: 10
January 20, 2018, 05:45:00 PM
#59
First of all chose trusted Exchanges with a history and a reputation. Very dangerous to put your money in a very new exchange. Then you need an Exchange which has listed the coins that you are interested in. Some coins are traded only on one single exchange.
newbie
Activity: 98
Merit: 0
January 20, 2018, 04:57:45 PM
#58
Getting a very good exchange is not something easy. It requires great experience and hard work. Good knowledge is required about exchange. You'll need to check their compliance with your regulations, including their history of security if they have been hacked before or if funds are being stolen before.
sr. member
Activity: 868
Merit: 266
January 14, 2018, 10:18:49 AM
#57
Whatever exchange that you might eventually chose, I suggest that you don't make the mistake of storing any of your bitcoins and any other alt coins there because exchanges are always prone to hacking and when that happens, you may lose everything and am sure you would not want that.
full member
Activity: 322
Merit: 100
January 14, 2018, 09:46:42 AM
#56
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

It is not about the best exchange to have the token or coins you need to do, it is the best ICO or coins to hold and sell, any exchange is a good platform , trading is the coin you want to do the business, Example RDD (reddcoin) it is a good investment for trading to hold though it is not on binance but in bittrex in this there's no good exchange right ? because it is the token you will invest on!

there is no such a thing like best exchange. I have account on almost all the possible exchanges and whenever I want to buy a coin or token I check the price on every exchange that has this coin and also write down the transaction fees. Whomever is the cheapest one in total then I am buying from that exchange.
hero member
Activity: 770
Merit: 505
January 14, 2018, 09:27:23 AM
#55
What exchange do you buy/sell your cryptos? What is the best? How have you chosen the one you use?

It is not about the best exchange to have the token or coins you need to do, it is the best ICO or coins to hold and sell, any exchange is a good platform , trading is the coin you want to do the business, Example RDD (reddcoin) it is a good investment for trading to hold though it is not on binance but in bittrex in this there's no good exchange right ? because it is the token you will invest on!
Read the reviews of each exchange that you think to send the money too because they become the new owners of your money, they dont give you the private key so you can't control them, check if there is any delay in deposit, trade or even in withdrawal, check their limit and so on.
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