Exchanges are important but what is more important is our skills, just choose exchange that have high reputation where we can secure that our portfolio is safe and secured like Binance, Bittrex and OKEX. Exchanges should be our second concern and our focus should be the improvement of our skills and knowledge. We cannot make money if we do not know what we are doing even if we using the top exchanges in the market. We should have knowledge about how to use it and how to make money in the market that is very volatile.
That is true that even if use trusted exchanges and our skills are poor then we can still face huge losses. It is not about the exchanges, it is about how we handle the risks. There are traders who using reputable exchange but thwy still experiencing losses due to their poor risk management skills. In terms of picking exchanges, we can choose the exchanges which has the highes liquidity and volume in the coinmarketcap.com but we should be careful to the exchanges that have fake volume. Yes it is existing so we should pick careful. 
Topic: My top 7 exchanges for trading (Read 948 times)
Exchanges are important but what is more important is our skills, just choose exchange that have high reputation where we can secure that our portfolio is safe and secured like Binance, Bittrex and OKEX. Exchanges should be our second concern and our focus should be the improvement of our skills and knowledge. We cannot make money if we do not know what we are doing even if we using the top exchanges in the market. We should have knowledge about how to use it and how to make money in the market that is very volatile.
I prefer trading on latoken even though the volume is small but predictable. I feel it is not suitable to trade in large exchanges as binance is too risky and very difficult to get profits. I am a beginner in trading and I choose the smallest risk.
I mostly use Binance. I used to use Bittrex, but now they can't do business where I live. Very frustrating.
This is good, I love the way you aligned them accordingly, those exchange are good and simple even a newbies who is coming into crypto world newly can make use of rhem without much of explanation.
7 Top exchanges listed, but to be up to date OP should write that these 7 exchanges are centralized exchanges! This list would be complete with top decentralized exchanges too. We have many similar articles where people wrote and describe exchanges, so for me there's nothing new here, this is good for people who are new here, if they didn't read similar articles before.
To be up to date with crypto you should add that now people can exchange currencies in many ways, not just trough exchanges. I mentioned decentralized exchanges, there are wallets with in built exchange, and some other ways. To have a top article you should include all these ways, if possible to try all of them and give your opinion about all of them.
To be up to date with crypto you should add that now people can exchange currencies in many ways, not just trough exchanges. I mentioned decentralized exchanges, there are wallets with in built exchange, and some other ways. To have a top article you should include all these ways, if possible to try all of them and give your opinion about all of them.
The coins you have listed on your website are very good , though I stopped making use of Poloniex, the rest are really good exchanges and are enough choices for anyone that’s looking for exchanges to join. Whether you’re looking for an exchange with a cheap rate, or fastness, I believe they all fit in these lists.
Though I think your rating is not quite accurate since Coinbase is more easy to use than Binance; they have a simple interface and newbies can understand how it works without stress. That’s unlike Binance and other exchanges you have listed, you need some good experience. Though I am not sure if this is it for everyone , so you might be right.
Though I think your rating is not quite accurate since Coinbase is more easy to use than Binance; they have a simple interface and newbies can understand how it works without stress. That’s unlike Binance and other exchanges you have listed, you need some good experience. Though I am not sure if this is it for everyone , so you might be right.
I have been using local exchanges a lot after the ban was removed by the Reserve Bank of India. One of our local exchange known as WazirX was recently acquired by Binance. It is one of the biggest and highly trusted exchange in India.
There are few more who have good reputation among the Indian crypto community and you can read about them here. I am using most of these exchanges listed in this article. If you are from India then you should read this article and register with one of these exchanges.
There are few more who have good reputation among the Indian crypto community and you can read about them here. I am using most of these exchanges listed in this article. If you are from India then you should read this article and register with one of these exchanges.
I saw the article and I don't think Binance's security deserves the perfect five stars, Binance was hacked and hacked tens of millions of dollars worth of bitcoin, there's no guarantee it won't happen again.
Binance has been hacked in the past but they compensated and allowed customers to withdraw money. I think with Binance's finances they can fix this and until now, this exchange is still very safe compared to me. In addition, if you are worried, you can choose some exchanges that have never had security issues like Okex or Huobi because these are the two biggest exchanges in the crypto market and not inferior to Binance.
Of course, each person will have a different view about the exchanges and you are right Binance exchange has compensated the people who have affected by the previous hack. Even I have strong confidence towards this Binance exchange because we are seeing some exceptional activity from the team, of course, there are few exchanges where people are showing interest towards the other exchanges Okex and Huobi other than Binance.
I saw the article and I don't think Binance's security deserves the perfect five stars, Binance was hacked and hacked tens of millions of dollars worth of bitcoin, there's no guarantee it won't happen again.
Binance has been hacked in the past but they compensated and allowed customers to withdraw money. I think with Binance's finances they can fix this and until now, this exchange is still very safe compared to me. In addition, if you are worried, you can choose some exchanges that have never had security issues like Okex or Huobi because these are the two biggest exchanges in the crypto market and not inferior to Binance.
So localbitcoins.com is not in the top 10?
Great info about trading bots and python bots! thx
Great info about trading bots and python bots! thx
I saw the article and I don't think Binance's security deserves the perfect five stars, Binance was hacked and hacked tens of millions of dollars worth of bitcoin, there's no guarantee it won't happen again.
Favourite trading platform will have to be Kraken, used to be a fan of Binance, but after the recent scandals, I refuse to support it.
Overall there is a lot of decent exchanges out there, some of them has WAY too much wash trading though, it's getting insane..
Been playing around with DEX's as of lately, and hate the slow trading using "atomic swaps", until I discovered Stakenet's DEX which is Lightning Network compatible, which means not only is the trading fees VERY low, but trading is also instantaneous.
Next problem is liquidity, which they solve through the use of a #DEX Aggregator", which basically combines multiple DEX order books (From other DEX's out there) through API calls, and adds them into the Stakenet DEX, which opens up for a LOT of liquidity, and benefits all the existent DEX's out there as well.
Here's a screenshot:
Overall there is a lot of decent exchanges out there, some of them has WAY too much wash trading though, it's getting insane..
Been playing around with DEX's as of lately, and hate the slow trading using "atomic swaps", until I discovered Stakenet's DEX which is Lightning Network compatible, which means not only is the trading fees VERY low, but trading is also instantaneous.
Next problem is liquidity, which they solve through the use of a #DEX Aggregator", which basically combines multiple DEX order books (From other DEX's out there) through API calls, and adds them into the Stakenet DEX, which opens up for a LOT of liquidity, and benefits all the existent DEX's out there as well.
Here's a screenshot:
This is a perfect list for the top exchange! Yesterday I saw another list where OP listed all the shit exchanges as a top exchange! But this one is the really cool list, though my rank will be a little bit different like after Binance, I will choose Coinbase Pro as the second top exchange, then Kucoin, Bittrex and so on. Maybe if you make a top ten crypto exchange list, Okex, Bitstamp, Gateio should be there!
Do not just look at trading volume of an exchange, they are not indicative of a good exchange.
A good exchange should have good liquidity by looking at the orderbook depth and spread which you can see how we display them here for bitcoin and we also have the list of top cryptocurrency exchanges
Trading Volume != Liquidity
Lots of people are misguided to that, we hope to help steer crypto users to trusted and good exchanges as much as possible
A good exchange should have good liquidity by looking at the orderbook depth and spread which you can see how we display them here for bitcoin and we also have the list of top cryptocurrency exchanges
Trading Volume != Liquidity
Lots of people are misguided to that, we hope to help steer crypto users to trusted and good exchanges as much as possible
For exchange trading I am looking bigger exchange and most recommendation to get profit when listing new coin, I think Binance, Huobi, Gate io adn Indodax become most recommended exchange when have new update information about they will list new coin. You can buy and invest if you got news and with above exchange market.
Binance is that the best exchange site for doing business Top of all and really fashionable everyone I accept as true with you that so as to enhance our skills we'd like to possess an account at every site. Then we will study each exchange site and gain knowledge the foremost exchange I do is Binance Bittrex Poloniex and fork delta. There are many benefits and low fees for doing business here.
I agree. Binance did a great job about their performance and most of their customers are satisfied to their services. They are responsive in terms of exchanging alt coins, trading and customer support. It's been a year since my first transaction in Binance and now they continue to improve better. Kucoin is also top in my list and you can also try Hotbit. Hitbtc is one of the first crypto currency exchange that I used and their security is very strong but fees are too high.Even I choose to trade-in Binance exchange because I have never found any issues with this exchange. Even I am trading in this exchange for more than a year, which I never faced any issues and the updates provided by the company makes me attract more about the Binance exchange. We are seeing liquidity in Binance exchange.
Yeah, really Binance is great at trading. there's no fear of getting scammed and that we get new updates very easily. When trading the loss is extremely low If we refill at a hard and fast price then it'll become a purchase if the worth goes down.
Binance is to be one of the most popular and richest exchanges because with its rapid movements I think everyone knows that Binance will be the best exchange of all time, but we certainly as traders have to look at a number of other exchanges to see the coins to be traded because every come there is always a difference in price of the token and therefore the top exchange will be the exchange that many are looking for.
Hi Everyone!
I've used a lot of crypto exchanges over the last 8 years or so. I wanted to share my top 7 exchanges going into 2020.
I would love to hear what everyone here thinks and see if I'm missing any exchange from my list.
Check it out and let me know.
The Top 7 Cryptocurrency Exchanges in 2020
Looking forward to hearing your thoughts!
I've used a lot of crypto exchanges over the last 8 years or so. I wanted to share my top 7 exchanges going into 2020.
I would love to hear what everyone here thinks and see if I'm missing any exchange from my list.
Check it out and let me know.
The Top 7 Cryptocurrency Exchanges in 2020
Looking forward to hearing your thoughts!
Great article! It was a pleasure to read, thank you for this opinion. I'm looking for best Cryptoccurency Exchanges in 2020 too, so thank you:).
The exchanges you have mentioned here are very popular and they are already the top exchanges for everyone. From your list the exchanges I have used are only Binance and Coinbase Pro.
I started with Coinbase, I first got to know about their wallet and was using it for storing my Bitcoins before I started making use of their exchange. Later I got to know about the Binance exchange from this forum and that was in 2018. And in late 2019 or early 2020, Blockchain launched their own exchange. I haven’t used their exchange yet, but I registered for it because I do see it whenever I open my mobile wallet. After I will take time to go through it.
I started with Coinbase, I first got to know about their wallet and was using it for storing my Bitcoins before I started making use of their exchange. Later I got to know about the Binance exchange from this forum and that was in 2018. And in late 2019 or early 2020, Blockchain launched their own exchange. I haven’t used their exchange yet, but I registered for it because I do see it whenever I open my mobile wallet. After I will take time to go through it.
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