I never hold my coins in exchanges. I just use them only for the exchange.. I'm not a good trader. previously I tried 2-3 times. but didn't able to become a successful trader. Anyway, trader or token holders shouldn't use a bunch of exchanges. Especially traders. Limite the trading only for the good and reputable exchanges is the best action.
the best action is to keep your money in a cold wallet and when the price rises then to sell on one of the popular exchanges that are trusted by a large number of people. quick exchange and then transfer back to the cold wallet. 
Topic: I stop using some exchanges - page 7. (Read 1589 times)
Decentralized exchanges attract users with their anonymity and transparency. But now they are significantly inferior to the centralized in speed of work and functionality. As long as they are at least roughly equal to the traditional exchanges in these indicators, they will not be able to oust the centralized exchanges from the market.
Of course they are convenient, I agree , and the chance that it will crack all wallets small as decentralized , so I think that the liquidity is very low on such exchanges which is very sad for me
I always use centralised and decentralised exchanges both. But I also marked some exchanges and never used them. Security for the centralised exchange is very challengeable. And most of the exchange hacked once at least. So that's why decentralised exchange are better. But tge problem with decentralised exchanges are the trading volume and sometimes the price fractuation and hard to use. But this kind of exchanges are best.
I never hold my coins in exchanges. I just use them only for the exchange.. I'm not a good trader. previously I tried 2-3 times. but didn't able to become a successful trader. Anyway, trader or token holders shouldn't use a bunch of exchanges. Especially traders. Limite the trading only for the good and reputable exchanges is the best action.
I don't think there is any exchange out there is safe enough to store cryptocurrency that why I only wanna hold my cryptocurrency inside my coldstorage wallet. There are so many traders lost their money because of holding cryptocurrency on exchange although it's the best exchanges like Binance or Bittrex.
I think that if you aware to keep your funds on exchanges, just dont do that, keep it on your wallet, because technology that you mention (p2p) is using by a very small amount of exchanges and usually have a very low volume and not too much traiding pairs, correct me if correct me if i am wrong.
Im never good at trading ,always lose money but how about those who lose money due to exchange been hacked? Well thanks to new exchanges that only support p2p ,no profiles ,no emails ,no passwords, they are the safest out there ,this is why I'm so hooked with changelly since 2016 ,so use this kind of exchanges and you are safe from hacks and phishing who is with me? Other exchanges that are like changelly are ethershift and tokenmom ,there might be others too
I'm not storing my earnings and holdings in any exchanges right now. I would prefer to store my earnings in a hard wallet which I could hold and keep. Everything on the internet is hackable these days so I find it really risky. We should be wise on where to keep our earnings.
Decentralized exchanges attract users with their anonymity and transparency. But now they are significantly inferior to the centralized in speed of work and functionality. As long as they are at least roughly equal to the traditional exchanges in these indicators, they will not be able to oust the centralized exchanges from the market.
Centralized exchanges are so silly at times. Its why I will always prefer decentralized ones. I hate KYCs and when an exchange rejects my KYC it pisses me off badly. This is what that repugnant Bilaxy did to me. I ignored them and used another exchange to trade my coins.
I am also now cautious about easy-to-hack exchanges. Because it will cause a great loss for everyone. Of course in this case, every time I transact in a well-known exchange, it is certainly very safe.
Using lots of exchanges is indeed very confusing. And sometimes we don't pay attention to the security and origin of the exchange list. I think it should focus on one or two exchanges that have large volumes. And you must pay attention to security and not be hacked.
Honestly, the exchanges have already become so many that the confidence of many, especially the little-known, is automatically lost.
Centralized exchanges are subject to a tremendous number of problems simply because they contravene one of the cardinal laws of cryptocurrency - the owner of the private key is also the owner of the asset.
The biggest exchanges like Binance, OKEx and Huobi take control of user funds and use them for market manipulation.
That is the point, however centralized exchanges also bring advantages but well. There's no prove that Binance or any of these big exchanges you mentioned doing market manipulation however that is really possible considering that they are in control of really big funds, making profit out of market manipulation could also be a one way to gain additional huge profit but wrong or inappropiate. The biggest exchanges like Binance, OKEx and Huobi take control of user funds and use them for market manipulation.
Centralized exchanges are subject to a tremendous number of problems simply because they contravene one of the cardinal laws of cryptocurrency - the owner of the private key is also the owner of the asset.
The biggest exchanges like Binance, OKEx and Huobi take control of user funds and use them for market manipulation.
The biggest exchanges like Binance, OKEx and Huobi take control of user funds and use them for market manipulation.
The most important thing we should consider while trading with these exchanges is to look at the security measures it is having. We are getting news frequently about exchanges getting hacked and thus our investment is at risk. Maybe someone has already experienced loss due to it.
From my point of view unless there will not be any global regulations applied on these exchanges, there will be always uncertainty about security of them.
Another point is about transactions fee getting charged by exchanges. Now a days it's becoming difficult to trade small amount because the fees are more than tokens we want to buy or sell.
Exchanges should reduce transactions fees such that many small investors get attracted towards the platform.
From my point of view unless there will not be any global regulations applied on these exchanges, there will be always uncertainty about security of them.
Another point is about transactions fee getting charged by exchanges. Now a days it's becoming difficult to trade small amount because the fees are more than tokens we want to buy or sell.
Exchanges should reduce transactions fees such that many small investors get attracted towards the platform.
And the funny thing is, exchanges are really being born, just go around and visit Project section. I'm sure you will find one or two projects about exchanges. I don't know what's the craze about, but it looks like everyone is really going all-in by creating their own exchanges.
But as you guys have said, it's hard to trust new exchanges, so we must really investigate and not just blindly trust those new exchanges coming up, its better to stick to the old and traditional one, at least we know that they won't scam us or something.
But as you guys have said, it's hard to trust new exchanges, so we must really investigate and not just blindly trust those new exchanges coming up, its better to stick to the old and traditional one, at least we know that they won't scam us or something.
Same here. But I keep to discover new ones. Firsly without deposits. Just to see how it works from inside and reading about it on a web.
From the last one find DexAge. And it's become interesting to me and promissing. So will keep looking after it.
From the last one find DexAge. And it's become interesting to me and promissing. So will keep looking after it.
Because some decentralized exchanges are forkdelta.github.io, Etherdelta.com, IDEX, token jar and switches exchange are very much nonpopular.
because not all exchanges are good, then we must be smart to choose good exchanges so we can be more economical and get more profits.
and in my opinion it's better to use a well-tested stock exchange one of which is idex.
and in my opinion it's better to use a well-tested stock exchange one of which is idex.
When you utilize any trades, you should understand that you are not safe at all. You can't ensure that it won't get hacked. Envision, you are trading bitcoin on any centralized exchanges which are having more possibilities to get hacked. Online wallets including trades were never been protected nor will be. I'm concurring with you, that trade without enlistment is far superior than the email gatherers.
because not all exchanges are good, then we must be smart to choose good exchanges so we can be more economical and get more profits.
and in my opinion it's better to use a well-tested stock exchange one of which is idex.
and in my opinion it's better to use a well-tested stock exchange one of which is idex.
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