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Topic: Safest/most reliable BTC exchange? (Read 493 times)

sr. member
Activity: 1610
Merit: 264
September 12, 2018, 06:04:47 AM
#42
Go with Binance for rates and additionally for security. You have a lot of options also for other coins to buy in there. But never have the misconception of exchanges being the safe places for holding your funds. Be at your discipline to not let your funds be left in exchange. Keep your bought BTC in a hardware or desktop wallet if you're not planning to buy other coins with it.
full member
Activity: 524
Merit: 100
September 12, 2018, 05:56:45 AM
#41
 I think binance has been the most reliable exchange ever in the history of bitcoin. Those dudes had hack attacks at the levels of NSA can only dream of, those dudes got phishing attacks that was big enough to collapse a governments income, they had governmental blocks on all sides and they still managed to stay in front of all of that and created a bullet proof environment for all of us to trade.
I will always trust exchanges as much as they allow me to and binance allowed me to trust them magnificently so I will give them that trust. I would rather keep all of my money in binance than keep my money in the banks because they have not shown me they are trustworthy as much as binance did.
member
Activity: 616
Merit: 10
September 07, 2018, 06:16:06 PM
#40
Until now, I do not try to enter at the top exchanges because I do not have yet enough money to invest in cryptocurrency. What I just doing today is to scalp my coins in cryptopia so that I gain a lot. Playing with my bounty tokens are good but risky and I am thinking that it could be the start of my journey in crypto. As of now, cryptopia is the best exchange for me.
full member
Activity: 759
Merit: 105
September 07, 2018, 05:55:36 PM
#39
I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.

Wait for Bitcoin to experience a price increase, I advise you to exchange safely, among others:

- Binance
- HitBTC
- Bitmex
- Coinbase


I will agree on his side and also for the list of exchanges.

You shouldn't worry that much on trusting a few reliable exchanges, they were all found in here and every traders suggested them except to some newbies.

You were so lucky to buy bitcoin at 2014 and being able to hold it up until now. Cheesy
member
Activity: 868
Merit: 16
September 07, 2018, 05:45:56 PM
#38
I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.


There a lot of realable excahnge you can find at cmc and try nexybit platform the new trusted exchange
But in your case i advice to you just hold and wait the right to cut off your lose
Try to learn the follow movement of the market its going ti become better
Can you see the price bitcoin at 2014? Just $300 and now $6479 base on coinmarketcap, are you still sure the OP suffered a loss?

Nexbyt is a new exchange that can't be trusted yet, I more than trust to local exchange or binance and bittrex to sell bitcoin that OP has.
sr. member
Activity: 798
Merit: 268
September 07, 2018, 05:36:43 PM
#37
You should have sold your bitcoin during the peak last year, quiet too late but this will still depend on you. Sold some of it but make sure you are still holding good amount of bitcoin because you bought it at a cheaper price and the future price of bitcoin will be great. Try to use binance or maybe look for the wallet on your place where you can change bitcoin to fiat money directly.
newbie
Activity: 126
Merit: 0
September 07, 2018, 05:23:32 PM
#36
There are a lot of good and reliable exchanges around, it depends on country of residence, if in US, you best option will be Coinbase,Robinhood as you can withdraw to fiats, other .Binance,coinex.com are other good exchanges
newbie
Activity: 70
Merit: 0
September 07, 2018, 05:17:53 PM
#35
Coinbase is outstanding amongst other names in the Bitcoin world setting itself on the best as a one-stop answer for Bitcoins. It is one of the most secure one as well. It's a wallet for putting away, spending, purchasing and tolerating Bitcoins, it goes about as a Bitcoin processor for some vendors and organizations, and is among the top.
full member
Activity: 2576
Merit: 205
September 07, 2018, 04:39:41 PM
#34
I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.


There a lot of realable excahnge you can find at cmc and try nexybit platform the new trusted exchange
But in your case i advice to you just hold and wait the right to cut off your lose
Try to learn the follow movement of the market its going ti become better
hero member
Activity: 700
Merit: 503
September 07, 2018, 04:15:28 PM
#33
My friend, if you have hold bitcoins since 2014 and didn't sell it in December 2017 - early 2018, then I'm sad to hear that you want to sell it right now. I understand that you may be very frightened by the situation in the market, but this should not provoke you to sell all your bitcoins.
Calmly think about what is happening in the market. Do you really believe that bitcoin has come to an end? After all, on some wallets there are hundreds of thousands of bitcoins and their owners are not in a hurry to sell their bitcoins now.
If you now need money, then sell some of your bitcoins, and let the rest be with you, you will always have time to sell them.
newbie
Activity: 53
Merit: 0
September 06, 2018, 04:17:23 PM
#32
2014? I'm sure you are now a billionaire. wow, this surprised me a lot when I heard it, I think in Europe there are many exchanges that can be relied on, reliable exchanges, which have cheap fees, try to googling at CMC there are lots of recommended exchanges.
jr. member
Activity: 70
Merit: 1
September 06, 2018, 04:11:45 PM
#31
I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.

Use the Kraken exchange. The support service there and safety are suitable (above average).
newbie
Activity: 224
Merit: 0
September 06, 2018, 04:06:57 PM
#30
I think most reliable BTC exchange are-
- Binance
- bittrex
- OKEx
- HitBTC
- Bitmex
In my opinion these exchanger are very good, safe and easy to use.
newbie
Activity: 280
Merit: 0
September 06, 2018, 12:29:47 AM
#29
I recently started using Binance Exchange Platform, and so far so good.
also the fees are actually great, and no verification needed for small traders.
member
Activity: 456
Merit: 10
September 05, 2018, 11:37:22 PM
#28
Coinbase stores 98% of their cryptos on cold storage in case there is an attack they will be fine. also your cryptos are safe as the exchange is FDIC approved. Only down side is that they record everything and eventually you will have to report your earnings to the IRS.
member
Activity: 320
Merit: 10
August 16, 2018, 05:53:40 PM
#27
Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.

I haven't yet used poloniex but I have haven't heard any bad things about it so  it may be worth  giving it a try? And the fact that it uses cold storage is really good.
poloniex is a good place to store or make transactions on btc. I think this is a thing that needs to be tried so I think there must be the best exchange for btc. don't panic and worry
member
Activity: 139
Merit: 14
August 16, 2018, 05:49:58 PM
#26
My BTC are currently in cold storage. I presume I need to import them into a Blockchain wallet before I can transfer them to an exchange. Is Blockchain the best wallet to use for this purpose?
sr. member
Activity: 616
Merit: 263
August 16, 2018, 05:45:08 PM
#25
Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.

I haven't yet used poloniex but I have haven't heard any bad things about it so  it may be worth  giving it a try? And the fact that it uses cold storage is really good.
member
Activity: 350
Merit: 10
August 16, 2018, 05:30:33 PM
#24
Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.
member
Activity: 139
Merit: 14
August 16, 2018, 05:24:05 PM
#23
Frowsiter....wish I had a huge pile of BTC...it's not that large unfortunately   Sad ...though it is a lot larger than when I bought in 2014  Smiley
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