Legit exchanges now ? | Bitcointalksearch.org

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Quote from: Samarkand on November 12, 2017, 06:44:00 AM

Quote from: The Sceptical Chymist on November 07, 2017, 07:29:47 PM

I'd just like to say that Yobit officially sucks.

First they upped the withdrawal fee to something crazy like 0.001BTC, and now it seems the minimum amount to execute a trade is 0.1BTC. I tried putting in an order for some shitcoins I got for free, and it wouldn't let me because it was too small. How the hell are you supposed to get rid of those things? I will admit I am not heartbroken about this, as it's only like $2 worth of shitcoins, but what kind of exchange keeps changing important parameters like that, and without notice even? They're crap and I'm done with them.

Kraken also has a withdrawal fee for BTC withdrawals of 0.001 BTC. This is really high if you take into account that other exchanges
like Bitstamp still cover all withdrawal fees for their clients.

By raising the withdrawal fees to levels like this they essentially make it uneconomically for clients to withdraw small
amounts of a few mBTC. Let´s say that you withdraw 10 mBTC. By doing this at Kraken or Yobit you are essentially
taking a 10 % haircut just by withdrawing on top of the trading fees for executing your buy order.

I wonder if they doing it because they are happy with their current volume. Removing this fee would probably give them 10-15% increase in volume but also lower their profits since those additional trade volume won't generate as much revenue as withdrawal fees. I wonder if they have calculated the actual numbers or just did it blindely.

Samarkand

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Quote from: The Sceptical Chymist on November 07, 2017, 07:29:47 PM

I'd just like to say that Yobit officially sucks.

First they upped the withdrawal fee to something crazy like 0.001BTC, and now it seems the minimum amount to execute a trade is 0.1BTC. I tried putting in an order for some shitcoins I got for free, and it wouldn't let me because it was too small. How the hell are you supposed to get rid of those things? I will admit I am not heartbroken about this, as it's only like $2 worth of shitcoins, but what kind of exchange keeps changing important parameters like that, and without notice even? They're crap and I'm done with them.

Kraken also has a withdrawal fee for BTC withdrawals of 0.001 BTC. This is really high if you take into account that other exchanges
like Bitstamp still cover all withdrawal fees for their clients.

By raising the withdrawal fees to levels like this they essentially make it uneconomically for clients to withdraw small
amounts of a few mBTC. Let´s say that you withdraw 10 mBTC. By doing this at Kraken or Yobit you are essentially
taking a 10 % haircut just by withdrawing on top of the trading fees for executing your buy order.

traderethereum

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Quote from: cozk on November 07, 2017, 05:47:26 PM

I'm back from a 2 years "vacation" from a place where you don't have internet.

In my time we had Cryptsy and Btc-e.

Now what are legit/solid exchanges. Far from USA/Canada & other police states.

i think now the legit exchanges is become poloniex and bittrex because it that sites, there is many fast moving coins and you can come back to make profit like before.

Quote from: cozk on November 11, 2017, 09:20:36 PM

Is there any exchange that does not ask a thousand questions and verification process when the times come to wire USD to a bank account ?

Just tried Bitfinex... I stopped but i guess the next step of their verification process was an appointment for an anal probe.

i think cryptopia doesn't need verification process but i don't know because i don't use cryptopia to withdraw from USD to my bank account. i think you can withdraw by using localbitcoin services if you want too and i hope if you really used localbitcoin, you can found recommended sellers from the same city like you.

cozk

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Is there any exchange that does not ask a thousand questions and verification process when the times come to wire USD to a bank account ?

Just tried Bitfinex... I stopped but i guess the next step of their verification process was an appointment for an anal probe.

Berny-B

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Those that offer tether are not legit anymore. its basically the fiat scam we were trying to escape from

keycellko

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Quote from: cozk on November 07, 2017, 05:47:26 PM

I'm back from a 2 years "vacation" from a place where you don't have internet.

In my time we had Cryptsy and Btc-e.

Now what are legit/solid exchanges. Far from USA/Canada & other police states.

Welcome back to the crypto world! Well we have a lot of exchanges now. But what i heard is most trusted and also i'm using are bittrex, poloniex and kraken. Good luck!

cozk

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Good infos, i'll do some digging some exchanges mentioned.

The Sceptical Chymist

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I'd just like to say that Yobit officially sucks.

First they upped the withdrawal fee to something crazy like 0.001BTC, and now it seems the minimum amount to execute a trade is 0.1BTC. I tried putting in an order for some shitcoins I got for free, and it wouldn't let me because it was too small. How the hell are you supposed to get rid of those things? I will admit I am not heartbroken about this, as it's only like $2 worth of shitcoins, but what kind of exchange keeps changing important parameters like that, and without notice even? They're crap and I'm done with them.

Donaldturp

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Quote from: cozk on November 07, 2017, 05:47:26 PM

I'm back from a 2 years "vacation" from a place where you don't have internet.

In my time we had Cryptsy and Btc-e.

Now what are legit/solid exchanges. Far from USA/Canada & other police states.

I'm not sure about their locations but I'll count all the legit exchanges I use.

Bittrex, Bitfinex, Kraken, Hitbtc, Liqui. These are American-European type of exchanger platforms.

Bitflyer is the greates Japan exchange and there are some Assian exhchangers more but you asked for American-Canadian. Poloniex is also US based, note that.

e-coinomist

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Quote from: makishart on November 07, 2017, 06:03:27 PM

https://coinmarketcap.com/currencies/bitcoin/#markets
Kraken looks legit in my opinion.
The other exchange site just like hitbtc and binace (Altcoin exchange), Bitfinex still become the best choice but it may so far from your criteria.

Can you give me about the more detail of the specifical state? There are so many trusted exchange site based on the japan and korea just like bitflyer and bithumb.

Kraken seems to be in trouble, not downtimes but prolonged phases of unuseability. They announced a new trading backend to be released end of 2017.
People complaining about inability to cancel orders, placing new orders. They removed more complex/advanced order options like trailing stop loss and other stuff (seldom needed, anyway) to reduce load on their server.
Their Cloudflare throwing errorpages occasionally, could be external DDoS on top of that.

momopi

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I am not sure if my preferred exchange is affiliated or under US & Canada regulation, but I prefer Poloniex and so far this is the best exchange for me. A little bit disadvantage is that their supported coins are very limited compared to Bittrex. And despite of some allegations being thrown to this exchange, I still trust and do my tradings using this site.

Andre_Goldman

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Quote from: cozk on November 07, 2017, 06:20:33 PM

Quote from: Anonylz on November 07, 2017, 06:16:15 PM

This user woke up for a longer period of inactivy, this user has changed his email recently, and this member has changed his password.
Dont worry guys, he didn't went to Maldivas, he was just laying on his computer all this time.
Dont make this fake threads in order to get some replies, we all know that you are just using a hacked account in order to farm your account to join a campaign.
I hope that you are going to be redtaged, because you diserve that, Hacker.

Ha! (no idea what a "campaign" is and i don't think i changed the password of my account)

Nice try anyways Colombo.

What about this one:

Got out of jail last week and changed email because i forgot the password on the other one.

Duh !

Some new projects do promotional campaigns around here. These may include signature campaigns and bounties for completing tasks like translations, bug hunting, or coding, etc.

Hackers might do it, I'd also change my password/mail after being inactive for a while. Benefit of doubt should be given.

Good luck man.

aanbudi

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2 years is a long time sir. I suggest you trading at coinexchange.io, because there happens to be pumps on lots of coins every day. And they have hundreds of coins that you can trade. A simple fan compatible UI for all devices makes many traders use coinexchange.io

Warkop

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I think to trade with the ones you recommend above, you better get into the Btc-e trade because there is no obstacle at all, this is just my experience, because I have played a few times there, but it all depends on you. your own desire how you choose it for your future in trading.

cozk

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Quote from: Anonylz on November 07, 2017, 06:16:15 PM

This user woke up for a longer period of inactivy, this user has changed his email recently, and this member has changed his password.
Dont worry guys, he didn't went to Maldivas, he was just laying on his computer all this time.
Dont make this fake threads in order to get some replies, we all know that you are just using a hacked account in order to farm your account to join a campaign.
I hope that you are going to be redtaged, because you diserve that, Hacker.

Ha! (no idea what a "campaign" is and i don't think i changed the password of my account)

Nice try anyways Colombo.

What about this one:

Got out of jail last week and changed email because i forgot the password on the other one.

Duh !

theguy217

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Quote from: cozk on November 07, 2017, 05:47:26 PM

I'm back from a 2 years "vacation" from a place where you don't have internet.

In my time we had Cryptsy and Btc-e.

Now what are legit/solid exchanges. Far from USA/Canada & other police states.

Well all I know about and use are Poloniex, Bittrex and Cryptopia.
They're legit and work fine for me.

Just out of curiosity. What were you doing for 2 years !! And without internet ? Were was that ? In a pharaoh's chamber ? Cheesy

Anonylz

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This user woke up for a longer period of inactivy, this user has changed his email recently, and this member has changed his password.
Dont worry guys, he didn't went to Maldivas, he was just laying on his computer all this time.
Dont make this fake threads in order to get some replies, we all know that you are just using a hacked account in order to farm your account to join a campaign.
I hope that you are going to be redtaged, because you diserve that, Hacker.

cozk

hero member

Activity: 812

Merit: 500

Quote from: makishart on November 07, 2017, 06:03:27 PM

https://coinmarketcap.com/currencies/bitcoin/#markets
Kraken looks legit in my opinion.
The other exchange site just like hitbtc and binace (Altcoin exchange), Bitfinex still become the best choice but it may so far from your criteria.

Can you give me about the more detail of the specifical state? There are so many trusted exchange site based on the japan and korea just like bitflyer and bithumb.

Exactly what i needed.

I'm so rusted ! Cry

makishart

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https://coinmarketcap.com/currencies/bitcoin/#markets
Kraken looks legit in my opinion.
The other exchange site just like hitbtc and binace (Altcoin exchange), Bitfinex still become the best choice but it may so far from your criteria.

Can you give me about the more detail of the specifical state? There are so many trusted exchange site based on the japan and korea just like bitflyer and bithumb.

Topic: Legit exchanges now ? (Read 416 times)