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Topic: Only 10 platforms are credible - page 2. (Read 836 times)

full member
Activity: 630
Merit: 102
April 24, 2019, 03:27:42 PM
#56
I have accounts with only two of them Binance and Bittrex. I can say that they are user-friendly and long lasting Exchanges. But credibility can't be decided using these parameters. They can show fake volumes. Anyway, if you are planning to hodl for a long time, keeping your coins on any exchanges is not safe.
newbie
Activity: 140
Merit: 0
April 24, 2019, 03:26:56 PM
#55
I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?

U can try velvet exchange. They are newbies but with great prospects, I follow them on socials
newbie
Activity: 126
Merit: 0
April 24, 2019, 03:23:00 PM
#54
I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice

Maybe I’ll do it soon, cause I really want to support  new startups in this sphere. Can you name at least one worthwhile?
newbie
Activity: 140
Merit: 0
April 24, 2019, 03:19:40 PM
#53
I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity

I see, but you can at least try to find new platform, which would be suitable for you. I’m not forcing, it’s advice
newbie
Activity: 126
Merit: 0
April 24, 2019, 03:15:20 PM
#52
I think we must give a chance to new platforms, moreover some of them are not worse than listed above

Partially agree with you, but I used to trust old proven platforms, they give you feeling of stable confidence in their activity
newbie
Activity: 140
Merit: 0
April 24, 2019, 03:13:10 PM
#51
I think we must give a chance to new platforms, moreover some of them are not worse than listed above
legendary
Activity: 2100
Merit: 1058
April 24, 2019, 03:12:50 PM
#50
I'm trading in Binance so I'm safe because I'm with a credible site.
Look, most exchanges have decent volume are credible because their credibility is important to continue attracting customers and continue making money.
They are like in the business of trust, if they do better, protect the customers information, they will be patronize.
That is why they are listed among the top 10 credible exchanges, in fact when it comes to Binance, they are supposed to be listed as number 1 amongst the top 10 too, because Binance have almost all the great features one could ever desire in an exchange and I was sure they will be listed when I first sited this post, if the OP had not listed them amongst these great exchanges, then I would have doubted the report, but now, I think his report can be trusted since Binance is there. Other ones manipulating their volumes should continue to do so, they will soon go aground.
full member
Activity: 1092
Merit: 117
April 22, 2019, 03:16:37 PM
#49
Still, we see new exchanges being opened everyday and I don't see the purpose of those. I mean we already have dozens of trusted exchanges available and they probably offer together all kinds of features that exist so why opening a new website that works the same as another one? People should think before accessing those new exchanges because obviously most of them are created only for profits.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
April 22, 2019, 03:04:08 PM
#48
These are probably 10 most used and most credible platforms rated by experiences of users. Still new onea appear all the time and people are curious, they want to know what are the services they offer. In that they often forget due dilligence and that they need to be very cautious whom they trust their money.
To my opinion credibilty and trustworthy are the most important because no one doesn't want to lose the money and get into some troubles. Have that always in mind, even if you think that somwhere else you might save something on transactions fees or avoid KYC.
hero member
Activity: 1932
Merit: 504
April 22, 2019, 02:23:55 PM
#47
Still use old exchanger until now. Maybe Binance is exchanger that i try to use for now. Because for me, exchanger that already i used for years really make me comfort to trade in there. About security, i only can secure my account and let exchanger do their job.
hero member
Activity: 1806
Merit: 672
April 22, 2019, 02:11:32 PM
#46
If you are looking for a credible or a trustworthy exchange I think you don't need to look at well known exchanges anymore. What I mean about that is local exchanges (if you have one in your country) can be also credible too their edge is of course they are locally permitted by law and is monitored by your government that is why they cannot make a run for it when something mess up has happened like faking bids and volumes. Unlike joining a international exchange where the legal jurisdiction is an international mess sticking to something near to you won't make that happen and you have the government's backing for it.
sr. member
Activity: 784
Merit: 255
April 22, 2019, 01:51:14 PM
#45
Counterfeit digital trading volumes played by the platforms have become widespread and noticeable from the former and hardly disguises himself has become clear to all
TIE reported its independent analysis of the differences in volumes reported on the FX platform and the trading rate was counterfeit 75% according to TIE


I will show you a list according to some data and reports and according to the actual notifications of the volume of trading of 10 platforms were only honest

BitFinex .. BitFlyer .. BitStamp .. Bittrex .. Coinbase Pro .. Gemini .. itBit .. Kraken .. Poloniex .. Binance




You should know that trading volume is independent and has no effect on the market size of a particular currency
However, excessive reports of the daily volume of trading may adversely affect the perception of the market
It is noteworthy that because of these counterfeits made the platforms able to climb the rankings in the list of platforms according to the volume through that process and gain more fame
The counterfeit data reported on stock exchanges is also a key factor behind the reluctance of the Securities and Exchange Commission (SEC) to approve the ETFs based on Bitquin or even alternative digital currencies.
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That's why I chose Bittrex as the main platform for my trading. For 5 years I had no problems with this exchange,without problems passed verification. Of course in recent years it is necessary to look at Binance, but so far I have enough trading pairs on Bittrex.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
April 22, 2019, 01:33:59 PM
#44
People are confusing "credible" with "user-friendly".
By credible, it doesn't mean an exchange with the best UI, cheapest fees, or easier to use. It's about the ones that are trustworthy. They don't manipulate their volume/orders and they may have a published audit etc...
The list is highly reduced and when you think about it, it shows that it's the crypto exchanges that need regulations, not its crypto users.
sr. member
Activity: 952
Merit: 251
April 22, 2019, 11:58:17 AM
#43
I'm trading in Binance so I'm safe because I'm with a credible site.
Look, most exchanges have decent volume are credible because their credibility is important to continue attracting customers and continue making money.
They are like in the business of trust, if they do better, protect the customers information, they will be patronize.
Trading with Binance is quite easy and safe, business trust is what we want and you can find it on the world’s best exchanges. These exchanges are offering new techniques and projects to make money. Being reliable source the newly project are also trusted on their websites. These exchanges are trying hard to build the currency modernism and techniques to enhance it and present it before investors.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
April 22, 2019, 06:15:02 AM
#42
I never had a problem with Binance and even with their android application.
Once I had an issue with my authentication code since I changed my smartphone. They did make a security in which is user friendly and easy steps to recover it.
I did recover it and I am glad they get more information just so I could take it back.

Security wise and also faster transactions. I would still go with Binance.
Although, if there will another decentralized exchange. A good one. I might switch to it.
sr. member
Activity: 777
Merit: 251
April 22, 2019, 12:16:18 AM
#41
Those 10 platform are really credible and had been established for a years in terms of its stability in this field of business
However, if I am going to update it at the coinmarketcap now,  only Binance(BNB) is belong to the top 10 exchange
in the market then the rest are not, but the rest platforms are listed on the top 100 exchange.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
April 21, 2019, 09:38:03 PM
#40
I'm trading in Binance so I'm safe because I'm with a credible site.
Look, most exchanges have decent volume are credible because their credibility is important to continue attracting customers and continue making money.
They are like in the business of trust, if they do better, protect the customers information, they will be patronize.
sr. member
Activity: 1400
Merit: 259
April 21, 2019, 01:30:16 PM
#39
Within your list I think it is is poloniex which I have used before for a lot of times.
It is their deposit amount which I loved.
Whenever I get freebies from airdrops I can exchange it to Ethereum and then send that low amount to poloniex in exchange for bitcoin.
Sad thing is there are times it takes long for the transaction to be processed.
Now I am Binanced. Grin
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
April 21, 2019, 01:06:41 PM
#38
Has it ever occurred to anyone that the so-called fake trades could be caused by shitty project owners themselves? And not the exchanges? I mean it makes more sense for shitty projects to boost their shitcoin's volume rather than exchanges trying to boost their volumes. I'm not saying the later isn't happening, I am just saying that most of fake trades could be caused by not the exchanges.
Well, I really don’t give a shit about them, I never even knew that such exist until I started getting the hint via this forum, because all my trades and transaction has been through verified exchanges that are trust worthy, maybe because I have been using Binance all along, that is why I did not really get to know much about these activities.

Now that we know, for those who have made the mistakes of trading or exchanging on those shitty exchanges still have the opportunity to reverse their actions and stick with the 10 that the OP mentioned here, if they really want to get the best out of their trades.
hero member
Activity: 1022
Merit: 538
April 21, 2019, 08:41:00 AM
#37
I have just replied to a thread recently too where I saw that, it is only 10 exchanges that have true trading volume, this is bad and it is not sending good signal out there, it only keep showing government and sec that it is a system that can easily be manipulated and that is why they are clamoring for its regulation.

If they succeed in regulating cryptocurrency because of these attitudes, then the objective of cryptocurrency n making our transactions anonymous has been defeated, and I am sure satoshi will also not be happy about this.

Since, we already know exchanges with true volumes, I think it will be best if we pay more attention on them and support them for being transparent in their dealings.
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