Topic: New Exchanges vs Old Exchanges (Read 596 times)
Old exchange are the best because we already know how potential their team and security they are providing to the customers. So instead of focusing on new exchanges it is good to focus on old exchange because we already seen their credibility in the market in all sector of exchange listing.
An exchange !right be old and yet your coin might not be safe. Trading on a new one, is another hassle on its own. Most of the trusted exchanges on my list are the old ones, but that does not make me store funds on them, because I am not sure of what will happen later in future. It takes much time to trust the new ones.
Investing in a new coin is another ball game, which is much different from using a new exchange.
Investing in a new coin is another ball game, which is much different from using a new exchange.
Presently Nauticus exchange isn't even among my top 50 because there is really nothing special about it.. if you want to see a new but good exchange, just head over to DCoin Exchange, I used it once and I fell in love, I obviously love the big boys in the game like Binance and Huobi and Kucoin as well.
It is very difficult for new exchanges to compete with old exchanges. Trading volume is a big consideration for traders to trust an exchange.
but more and more exchanges will get better, because each new exchange gives another and different advantages.
but more and more exchanges will get better, because each new exchange gives another and different advantages.
Sometimes new exchanges look much better, offering something new for us. However, there are a lot of them, and often they are ordinary scammers. It is very difficult to understand which of the new exchanges is really reliable.
Some of the new exchangers offer more favorable terms in order to get users.
yes they need to do it because if not then they cannot win the fight for bigger and popular exchanges .
As for the old, they sometimes commit violations, for example, they can block an account, as it happened to me on Bittrex.
it normal to have a rules like that and thats not thier fault if you violate them . your block because maybe your doing that is something against thier rules .
Therefore, I began to look for an alternative and found ChangeNOW, which do not require registration and offer good conditions.
are you related from them and you are promoting them ? there are many bad feedbacks from the said exchange . they claim that changenow is now shady and scamming its users .
Some of the new exchangers offer more favorable terms in order to get users. As for the old, they sometimes commit violations, for example, they can block an account, as it happened to me on Bittrex. Therefore, I began to look for an alternative and found ChangeNOW, which do not require registration and offer good conditions.
Come on man. For most exchanges you never heard of. Known exchanges are now ranked 50-150 by volume. It makes zero sense. https://coinmarketcap.com/exchanges/volume/24-hour/ Look at them. Bitfinex 47, Coinbase 48, Kraken 52, Bitrex 55, Bitstamp 60, Poloniex 80, ... This simply makes no sense. Top exchanges wash trade just to look that have lots volume and attract new suckers to trade there.
Some of the new exchangers offer more favorable terms in order to get users. As for the old, they sometimes commit violations, for example, they can block an account, as it happened to me on Bittrex. Therefore, I began to look for an alternative and found ChangeNOW, which do not require registration and offer good conditions.
In relation to the topic, the exchanges play a fundamental role in the structure of cryptocurrency. As such, renowned exchanges have an obligation to ensure a service and structure for clients and could join decentralization as a goal. Now in relation to the novice exchanges, the difficulty is in confidence and adherence, maybe all may have Binance, Poloniex, Cryptopia in its heyday, CoinExchange, Bittrex as reference.
I do not try to find out about new exchanges, as I hardly trust them, that's not to say they are not trustworthy, but I would definitely stick with old and trusted exchanges such as Binance,that I've used and can attest to its safety
New exchanges come out daily,but they find it difficult to rival the old and long standing ones mostly due to security preference
New exchanges come out daily,but they find it difficult to rival the old and long standing ones mostly due to security preference
I do support decentralized exchange but they are hard to find now. Most of them also have a little trade volume so it will be a difficult buy and sell situation.
I would Binance only if I am to choose a centralized exchange.
Funny thing about New Exchanges now specially decentralized ones, they have KYC's. Where is the decentralized thing there?
They are making projects which are really funny.
I would Binance only if I am to choose a centralized exchange.
Funny thing about New Exchanges now specially decentralized ones, they have KYC's. Where is the decentralized thing there?
They are making projects which are really funny. A lot of members on here use Binance and Coinbase Pro. Both of those exchanges have been around for a while and they both have their own advantages/disadvantages.
Binance exist not much longer then a year. Binance is super new exchange. Coinbase exist for long and have really bad reputation. When you chose exchanges I would suggest you to monitor what https://www.blockchaintransparency.org/ have to say apparently they will change their website next week so I will also post their twitter: https://twitter.com/BTI___
Dont let exchanges fool you. There are plenty good exchanges and there is way more bad exchanges that with fake volume want to make them self look good.
A lot of members on here use Binance and Coinbase Pro. Both of those exchanges have been around for a while and they both have their own advantages/disadvantages. However, you aren't going to make serious money by investing in utility coins like BNB. If you would have bought BNB back when it was below $.25 you would probably be a millionaire, but how many of us actually did that? There's a lot of newer projects out there that are showing promise within this community. I look for projects with active developers, marketing campaigns, and future outlooks.
What about you guys? What are some good exchanges out there that aren't
- Coinbase
- Nauticus
- Binance
Everyone already knows these 3, don't tell me about Bittrex or Kraken either. If you think there's a good exchange that's structured similarly to Binance (BNB) or Nauticus (NTS), then let me know.
What about you guys? What are some good exchanges out there that aren't
- Coinbase
- Nauticus
- Binance
Everyone already knows these 3, don't tell me about Bittrex or Kraken either. If you think there's a good exchange that's structured similarly to Binance (BNB) or Nauticus (NTS), then let me know.
Old and new exchanges, there are no differences
They all have easy interface
But vary only in security, platform charges, customer relations, withdrawal and deposit charges
And most importantly their volume
Definitely one of the best exchange platforms is considered Binance. This is a convenient high-quality interface with a wonderful schedule and a variety of orders. But progress does not sleep, and an even more efficient platform may well be born.
Developing and managing a cryptocurrency exchange is not an easy task and there are a lot of investment needed in financial and physical infrastructure and also in personnel to put and exchange at the top of the page in the whole world .
however a lot of exchanges in the past I've fallen short of these and they've paid paid a huge price in terms of security breaches and some other blockchain issues that are lead to them losing a lot of money so better than trading on new exchanges. I prefer to trade on old exchanges that have built a reputation for their high security and also the ease of trading because they are more user-friendly for example binance.
however a lot of exchanges in the past I've fallen short of these and they've paid paid a huge price in terms of security breaches and some other blockchain issues that are lead to them losing a lot of money so better than trading on new exchanges. I prefer to trade on old exchanges that have built a reputation for their high security and also the ease of trading because they are more user-friendly for example binance.
Most new exchange platforms are just copycats of the exiting ones. They claim to provide additional services and have improved features but the real thing is that they don't present anything new. Some also claim to provide zero fees but provide no zero fees. And also, some new exchanges have ridiculous fees when you are withdrawing your funds. The old exchange platforms are the best.
There are several reasons for old Exchange to keep up to date features. Follow the wishes of the market or traders, to tighten security from hackers, and to compete with new exchangers that have more features.
Too many new exchanges are just rubbish, they provide no real value asides listing some shit coins that have no value and very low volume...
Also most of this exchanges introduce their own coin which also has no value outside the exchange. I think more exchanges like coin base will be good. Binance is also a great exchange and more projects like that are great for cryptocurrency
Also most of this exchanges introduce their own coin which also has no value outside the exchange. I think more exchanges like coin base will be good. Binance is also a great exchange and more projects like that are great for cryptocurrency
I don't care an Exchange is old or new.
I have two different things to check out for using them. Fake volüme or real volume and safe or not safe. These are the most important subjects.
But how you find a new exchange to be safe,maybe when you are trading big amount there your account can be suspended or blocked for no reason if it happens what will you do,so always prefer the old exchanges and additionally not all the old exchanges were good.I have two different things to check out for using them. Fake volüme or real volume and safe or not safe. These are the most important subjects.
I don't know about Nauticus exchange and how it's working i mean for passive income. BNB coin very promising utility project we know that still coinbase or Nauticus not like that Binance passive income. Kucoin Share almost like BNB type project because you can earn passive from Kucoin Share. Old exchange is my prefer for legitimate project which many years until good.
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