Topic: Suggest best 5 exchanges that you experienced (Read 1099 times)

So all the times they are lying when they say they will return the funds? or maybe they are waiting for the police to recover the funds. They only say those words only to calm down the people but what if the police have failed? Because, we all know how hard it was to recover a crypto as cryptos are anonymous and even if they successfully traced the criminals, what if the criminals themselves have already wasted the money? They are only giving the people a false hope and the more the people are going to get angry towards them.

Good thing modern exchanges now have an insurance that once their exchanges got hacked they promise they will return the users' fund using their own money.

I think Cryptopia was quite popular centralized exchange since 2017-2018, when it was most favourite exchange for a lot users. As far as i know it was affected by hackers and all of users lost their funds and i also lost a few tokens. I heard that the police investigation is going on but i didn’t keep any news of it later but i think this exchange users didn’t get refund yet.

Well, I'm not much into Exchanges, but from the beginning I used a lot of Kucoin, then I went to Bitfinex, which is still a great Exchange, and now the one I always use is Binance.

The first Exchange I used when I didn't know anything was Cryptopia, but then there were many problems with that exchange, they were treated as scammers and everything, until recently I heard that they were telling their clients that they were going to return the funds that were pending, I did not know more about it, but after that I have only stayed with Binance, it seems to me that it is the most reliable Exchange although sometimes I have found some vulnerabilities with respect to the fact that they always get carried away a lot by government orders, that is what I do not like.

binance is my first choice for users. liquidity is very high and the system is very fast. Besides binance, Ftx is my second option which also needs KYC. Kucoin is best exchange for those who want top-class exchange without KYC. MEXC is also a good exchange where users can deposit and withdraw without KYC and new coin listing every day. 5th exchange I will choose is gate exchange

I'm just now aware about it. After visit their website, i got to know that from now they will keep asking for kyc verification time to time, to confirm that my account isn’t hacked. Its irritating after reading their new terms and condision. Actually i have been using coinbase for Very long time but now i mostly use binance and kucoin so was unaware about recent update of coinbase.
Op haven’t said to suggestion exchange without kyc! so its okey if i'm suggesting coinbase to him as we all know coinbase is also best and trusted enough. Yeah few dex are allow limited coins without kyc but i think if anyone need, then that person will do kyc according to his own comfort

i am also have bad experience with hotbit ,beside withdrawl fee expensive , their GUI was not easy to operate. its just like gate it, i am confuse how to take market execution due too many column to filled. personally i am prefer using kucoin or ftx, they have good user interface and also friendly in withdrawl fee. trading volume as good enough to take limit or market execution.

Those are top exchanges, surely recommended to use. But I'm surprised you didn't mention Binance? Do you have a problem with Binance?

By the way, IMO Hotbit isn't really friendly for withdrawal fees. Among those exchanges above, withdrawal fees in Hotbit seem the most expensive. Even if we compare with the withdrawal fees in Binance, Hotbit is still more expensive.

For example:

Withdrawal fees in Binance

BTC  0.0005 (Network Bitcoin)

ETH  0.002 (Network ERC20)

Withdrawal fees in Hotbit

BTC  0.001 (Network Bitcoin)

ETH  0.012 (Network ERC20)

Source:

- https://www.binance.com/en/fee/cryptoFee
- https://www.hotbit.io/rate

currently binance is the best exchange market which has very high volume. and that makes many people interested in trading in it. and apart from binance, I would like to suggest you to trade on: 1. Kraken 2.Kucoin 3. Huobi Global 4.Upbit 5.Crypto.com exchange. because I think the five exchange markets I mentioned have high volume.

Based on my experience in using the exchange market, I would like to suggest to you to trade on the exchange market:
1. Kucoin
2. Huobi Global
3. Hotbit
4. Gate.io
5. FTX
because I think the exchange market I mentioned has good volume and also has a large selection of altcoins in it.

Never use Uniswap trough as trader or received coin reward from bounty campaign because have to pay gas fees above $30 each transaction, I think as bigger fund using for trading is enough to pay gas fees and still earn profit, but I am as small fund using on trading under $5,000 looks hard have to pay $30 until 50$ each transaction because I spent profit when my assets up above 5%. I think with global exchange as worth for trading actually with Binance by using BUSD pair without have to pay fees trade there.

For me the top 4 is already top 4 in the CMC ranking list as well; Binance, Coinbase, Kucoin and Kraken are definitely in my top four.

In order to live up the place, I would say uniswap could be the fifth there. I know it is not a centralized exchange but we have to just realize that Uniswap changed the game. It allows people to be their own exchanges, we all get together to make that happen.

Without users, there is no money and none of that money leaves your wallet and enters someone elses to make it work, it's yours, you can stop staking it any moment you want and there is no hacked or exit scammed or anything like that. Plus you make a profit from being there, and you spend very little for trading there as well.

Not really, the advantage of a centralized exchange is that you will get different special offers from each exchange every time. Especially for new exchanges, they will hold many events such as welcome bonuses and trading competitions to attract new users.
Moreover, recent defi platforms mostly adopt AMM(Automated Market Maker) system where you don't allow setting custom orders.

I experienced a lot of exchanges. Because I was using it for some tokens that needed exchanged. Normally, I made use of some of the best exchange and wallet services.And those names I mentioned today are ones I use at my risk. But do you need to use it or not? It will definitely depend on you. I am not suggesting any things here, I am just sharing my opinion here.


1: FTX: World top exchange and wallet already featured icc cricket. Best for lowest withdrawal fees. Most of the time i use it for ethreum network ethereum withdrawal. Because it has WITHDRAWAL cheapest fees. But problem still not supported for every SMART chain netwrork, only Ethereum and Bsc support. now itt is working on solana network too. KYC Required.

2: Binance: the world's leading exchange and wallet. Alsoo called world no.1 centralized exchange. Most secured, Instant withdrawal. P2P Available. KYC Recuired. Minimum $10 trade. Lowest Withdrawal fees. 

3: Kucoin: My personal favorite  for trading. No minimum trading amount. Instant withdrawal, Lowest fees, Srcured, And world top ranked exchange.

These 3 are my personal favorites, and I've used all of them a lot. But i used some more what also best and i dont face any problem yet: COINBASE ( Its leading wallet buit because of country restriction i am unable to use all feature.), MEXC, BITHUMB, p2pb2b and some more. thats my overall journey so far, but in the near future, I might be used to more exchange. Thank you.

It did become more and more difficult registering with centralized exchanges due to KYC and regulations. I use Binance and Kucoin but have not registered in any new exchange recently. Besides, I do prefer de-centralized exchanges such as Pancakeswap or the Waves.Exchange.
I feel that with the emergence on DeFi and decentralized exchanges there is no real need to register at a high number of different centralized exchanges anymore.

I understand that it is only about centralized exchanges.
I can certainly mention Coinbase in the first place, because in my opinion it is the safest cryptocurrency exchange.
Next, I will say that Huobi, Kraken, Bittrex and OKX are very comfortable and efficient.

Here is my list of non KYC exchanges ( I currently KYCed on both):
- Kucoin
I chose Kucoin as my first global exchange (after local exchanges for fiat withdrawal) since 3 years ago and currently hold the most of my trading portfolio.

- Mexc
Actually I'm rather new to this exchange, and accidentally signed up to help my client in the token listing process. I only made 2x withdrawals (before KYC) and no problem.

- Bybit
I just signed up last month and haven't done anything. It's just that I'm interested in this exchange, which seems to have recently experienced fairly rapid growth in the number of users. Bybit currently limits withdrawals to 2BTC for non KYC users.
Note: I'm not KYC user yet, DYOR

The P2P trading in binance makes it attractive to a lot of traders and that includes me also.   You can easily convert now to your own local fiat as their rates are sometimes much better than using your own local crypto-exchange. So for me, the KYC requirement is worth it if you can avail this kind of service. However, I can't complete my top 5 exchanges as I can only name about 2 - Binance and Kucoin, which I am currently using both. As you said, sometimes Binance is more than enough to do your trading activities. Unless, there are some coins or tokens that are not yet available on their platform.

5 best exchanges in my opinion of course I will put Binance at number 1,at number 2 there is Kucoin, number 3 is of course Bittrex,
number 4 is FTX and number 5 is Indodax because Indodax is the best exchange in Southeast Asia.
If you don't have an account at one of the ones I mentioned, then register immediately, because these 5 exchanges are the best.

other than binance, my list is;

• FTX
• Kucoin
• Gate
• Kraken
• Tokocrypto (indonesia local exchange)

I've traded on the five exchanges above but the ones I use the most/actively are FTX, Kucoin and Tokocrypto. I believe in the reputation of the five exchanges above, including Binance, don't believe a new exchange appears, it's really dangerous.

I can't do without making transactions on binance exchange, kucoin, gate io, CoinEX and Pancake swap, these are the five exchanges I used from time to time, if privacy is what you care about the most then you need swap exchanges like pancakeswap, paraswap, apeswap they are fully decentralized.