Those reliable exchanges on the market - page 2.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: bakasabo on August 03, 2020, 06:17:36 AM

Quote from: kynaz on August 02, 2020, 06:29:15 AM

All Binance services are very secure, so there will be no problems when you KYC here. I submitted all my documents and ID last year and have never felt worried about security because I trust this exchange. Binance is considered the largest exchange in the crypto market and is involved in many new areas so you can be assured of using the service here.

Was it worth verifying an account on Binance? Do you really make 2 BTC daily trades? If not, than what was the reason to pass KYC?
Verified account is not as saved as not verified. All the security measures are up to you. If you search on the forum, you might find topics that users with verified account still got banned or their account got frozen.

I see your what you mean mate, I really do not see the point to do kyc when you don't even trade up to 1 btc, only do kyc when your capital is above the limit of withdrawal and you are sure of it, this is one of the reason I prefer binance to most other exchange because they allow such flexibility even if you are not a kyc verified account, but if a user feel at ease doing kyc I don't think there is a problem too.

eth554

newbie

Activity: 2

Merit: 0

I made a deposit of 2.68 eth from bitstamp to bithumb global yesterday. It was successful and bithumb sent me an noticication that my deposit was a success. However my eth balance still shows 0. The strange thing is that on my bithumb acc I can see the succesful transaction in history tab of assets. Anybody has any idea what is up?

FanEagle

legendary

Activity: 2884

Merit: 1117

From the list you have here, I only make use of two and that’s Coinbase and Binance. I have not tried the other exchanges that are on this list, though I have been here for long. Binance and Coinbase has been working for me the way I want, and I don’t see the need to switch to another exchange since these two are working for me. Some people complain that Coinbase has high fees, but that’s the one I use frequently.

What I like most about it is that they have a good interface, and that was what got me to start making use of it, and it was easy to understand and make use of. I have been using Coinbase for long before I discovered Binance, and I think that’s around 2017 that I started using Binance and that’s people a lot of people talking about it.

perfect999

sr. member

Activity: 1694

Merit: 299

Lol do you know the funniest thing about this? They won’t stop falling for the scam exchanges.
It’s mostly noobs that are making that kind of mistake and the reason is because they don’t research to know the cryptocurrency exchanges that are the best and legit.

They just search for exchanges and whatever comes up, they just jump on it and start putting money into it, and some of them will see random exchanges mentioned on social media by scammers and they will be clicking on links that they know nothing about. I guess people on this crypto space must be needing two level of awareness to stay protected against scammers which are probably basic protection for Internet activities and basic precautionary measurements for crypto space.

AnwarDah

newbie

Activity: 21

Merit: 0

There are many exchanges on the market, and finding the right, reliable one might be hard at first for beginners; but let me tell you what I think worked best in order to save your time and effort. I find ProBit Exchange to be very reliable as it is very safe to use and secure. This exchange is very professional. It has a wide range of coins and trading pairs. Not only that, they have also great projects, competitions, and services that you can profit from. and what is really interesting is that the trading fee can be as low as 0.03%, and you can pay the fee using their token PROB.

cassavachips

sr. member

Activity: 994

Merit: 261

Binance is the exchange that I use most often now because it's amazing, but maybe there are some who don't like it. So I can exchange Kucoin and Upbit as options because both exchanges are also good

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: alan2here on August 03, 2020, 07:41:35 AM

Quote from: ?? on ??

That is why many people used binance to trade, and I am sure that many of the traders are not fills KYC because they can accept the limitation in withdrawal. Binance is still trying to give the best for their members, and I am sure binance won't make them disappointed, and if the members have a problem, the support system will help them solve the problem.

Binance is too secure during this time but in the past customer information was stolen and that's every single thing that made me feel very worried. Now that news has been forgotten and probably not many people know at this forum so there is still a risk when you KYC.

I have sent KYC in the past but with what is happening now, I also feel that Binance's service is very good and hope they will better protect customer information.

Binance will upgrade their services for their members because they don't want to have the same mistake in the future, and they will always update the security and check for the bugs/hole. If binance doesn't do anything after that news, people deserve to worry, and they will not use binance for trading, even they will withdraw all of their money from binance. But we can see that binance change to better from time to time.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

It is a great selection that you have made, within which, Binance has presented for me an Exchange that has given me a lot of confidence, especially when launching a new cryptocurrency, with Airdrop it is immediately and not like another Exchange that is dedicated to making pyramid systems and cheating people. Don't forget Bitfinex either, right now there is a lot of interest for sale for USDT.

treodu

newbie

Activity: 11

Merit: 0

Quote from: Latviand on July 11, 2020, 02:18:02 AM

.... and make transactions without even accessing its verification, which is I tried.

@Finxflo(FXF)

Quote

...Make sure the exchange or platform is regulated in a top legal jurisdiction

For some people (like your friend) that that is very good and some want to only use exchanges with less kyc. Sometimes kyc gets stolen and that can hurt people.

Can anyone detail current withdrawal policies @ exchanges on OP List? Maybe useful comparison.

Utoy101

member

Activity: 368

Merit: 11

This is really an amazing thread, i make use of only binance presently because it seems to be the best in the whole of crypto space currently. They have lots of features that seems not to be present in other exchange and the fact that they support the largest FIAT pairs just makes the exchange a top users choice

carter34

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Activity: 1302

Merit: 25

Quote from: Finxflo(FXF) on August 03, 2020, 11:27:10 AM

Great topic, None of these exchanges are bulletproof. Make sure the exchange or platform is regulated in a top legal jurisdiction and are using a reputable custodian, (We use Fireblocks) with Institutional level safety features such a segregated accounts MPC key technology and that they have full insurance if they do suffer a security breach. For example with us clients funds are insured up to $150,000,000.00 USD

I think you are using advantage from this thread to go public on your outfit but why don't you open a separate thread for yourself so that users will also investigate you to know how legit it is.

Finxflo(FXF)

copper member

Activity: 43

Merit: 0

World's First Hybrid Liquidity Aggregator

Great topic, None of these exchanges are bulletproof. Make sure the exchange or platform is regulated in a top legal jurisdiction and are using a reputable custodian, (We use Fireblocks) with Institutional level safety features such a segregated accounts MPC key technology and that they have full insurance if they do suffer a security breach. For example with us clients funds are insured up to $150,000,000.00 USD

nelson4lov

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Activity: 2212

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Top Crypto Casino

Quote from: bakasabo on August 03, 2020, 06:17:36 AM

Quote from: kynaz on August 02, 2020, 06:29:15 AM

~

Was it worth verifying an account on Binance? Do you really make 2 BTC daily trades? If not, than what was the reason to pass KYC?
Verified account is not as saved as not verified. All the security measures are up to you. If you search on the forum, you might find topics that users with verified account still got banned or their account got frozen.

The 2 BTC limit cap on unverified accounts only takes effect during withdrawals, So you can trade more than 2 BTC volume daily. And yes, Aside from the increased limit, Everything else is still the same (service offering, Support, etc). Where it gets interesting is to get either a VIP 1 or greater tier account to enjoy better maker / taker fees. So ideally, KYC should be done by people who want to enjoy more than 2 BTC daily withdrawals.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

I agree that traders want real volume, they want real liquidity, that way they could actually make huge trades without ruining the whole exchange, a place where there is only a few million volume on bitcoin/usdt will mean that if bunch of real traders come together they could play with it like crazy but they could also get hurt, but look at binance, they have a giant volume and we all know it is real because we have seen people dump a ton of money in there without moving it too much hence that means the buyers were real unless binance was so adamant about looking real that they took it all but I doubt that is profitable for them.

So, in the end I would say that people pick better exchanges not because of any other reason than liquidity since all they care about is their trading being uninterrupted.

alan2here

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Activity: 1778

Merit: 504

WorkAsPro

Quote from: ?? on ??

Quote from: kynaz on August 02, 2020, 06:29:15 AM

Quote from: ?? on ??

I feel the same as you, and my binance account has already been verified for a long time ago. So far, I don't have a problem while trading on binance, and sometimes I participate in some IEO projects. If the exchanges can protect their customers, doing KYC will not be a problem for the customer because they trust the exchanges to save their documents in their database.

All Binance services are very secure, so there will be no problems when you KYC here. I submitted all my documents and ID last year and have never felt worried about security because I trust this exchange. Binance is considered the largest exchange in the crypto market and is involved in many new areas so you can be assured of using the service here.

That is why many people used binance to trade, and I am sure that many of the traders are not fills KYC because they can accept the limitation in withdrawal. Binance is still trying to give the best for their members, and I am sure binance won't make them disappointed, and if the members have a problem, the support system will help them solve the problem.

Binance is too secure during this time but in the past customer information was stolen and that's every single thing that made me feel very worried. Now that news has been forgotten and probably not many people know at this forum so there is still a risk when you KYC.

I have sent KYC in the past but with what is happening now, I also feel that Binance's service is very good and hope they will better protect customer information.

bakasabo

legendary

Activity: 2492

Merit: 1215

Quote from: kynaz on August 02, 2020, 06:29:15 AM

All Binance services are very secure, so there will be no problems when you KYC here. I submitted all my documents and ID last year and have never felt worried about security because I trust this exchange. Binance is considered the largest exchange in the crypto market and is involved in many new areas so you can be assured of using the service here.

Was it worth verifying an account on Binance? Do you really make 2 BTC daily trades? If not, than what was the reason to pass KYC?
Verified account is not as saved as not verified. All the security measures are up to you. If you search on the forum, you might find topics that users with verified account still got banned or their account got frozen.

diskodasa

sr. member

Activity: 337

Merit: 250

Quote from: zasad@ on August 02, 2020, 08:04:02 AM

I would suggest that you familiarize yourself with decentralized exchanges that do not require KYC and registrations.

Uniswap
https://app.uniswap.org/#/swap

Kyberswap
https://kyberswap.com/swap

While you will see a few downsides in the form of large commissions and slow trades, but you retain complete control over your funds and other parties cannot influence your trades.

I don't like decentralized exchanges because these exchanges often do not have good liquidity, so there will certainly be very few people choose to trade here.

In my opinion, the centralized exchange attracts more customers because it has a nice interface and has a strategy to attract many new investors. I have tried trading a lot of decentralized exchanges but after a month of use I have returned to popular exchanges like Binance, Kucoin or Okex because it is so much better.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: kickkick on July 09, 2020, 01:50:41 PM

...2. Binance...

I like that there are many Fiat pairs on this exchange, including the national currency of my country. This is very convenient and allows you to easily withdraw your money to your credit card with a small commission of 1%. I also added funds to my account on the exchange using a credit card in just 5 minutes.

zasad@

legendary

Activity: 1932

Merit: 4602

Buy on Amazon with Crypto

I would suggest that you familiarize yourself with decentralized exchanges that do not require KYC and registrations.

Uniswap
https://app.uniswap.org/#/swap

Kyberswap
https://kyberswap.com/swap

While you will see a few downsides in the form of large commissions and slow trades, but you retain complete control over your funds and other parties cannot influence your trades.

kynaz

sr. member

Activity: 1078

Merit: 250

http://unidapp.app

Quote from: ?? on ??

Quote from: kkofor on August 01, 2020, 10:03:34 PM

Quote from: ethereumhunter on August 01, 2020, 09:21:30 AM

Quote from: Republikcoin.com on August 01, 2020, 01:09:21 AM

binance and Okex are the two best exchanges mentioned. although sometimes I also like huobi, however, for now, I prefer to use one of the two exchanges that I mentioned. moreover, binance, I quite like the events that they sometimes create.

Binance will be enough to be used for trading, even for new people who don't have much knowledge about trading, but they must learn more if they want to profit from trading. Binance still the big exchanges among the other exchanges, and if you use binance, you don't need to fill KYC if you don't need it. That will be your benefits because you don't have to send your documents to the exchanges. Binance itself has many good IEO, which you can use as the investment.

I feel very safe sending KYC at Binance exchange, and my information is very safe since using this exchange. If you don't like it then you can skip the KYC part because this exchange doesn't require users to do this. However, if you want to participate in Binance programs or participate in IEO projects, KYC is a must for all customers. In addition to Binance, other exchanges such as Okex, Huobi, Gate, Kucoin also secure customer information very well.

I feel the same as you, and my binance account has already been verified for a long time ago. So far, I don't have a problem while trading on binance, and sometimes I participate in some IEO projects. If the exchanges can protect their customers, doing KYC will not be a problem for the customer because they trust the exchanges to save their documents in their database.

All Binance services are very secure, so there will be no problems when you KYC here. I submitted all my documents and ID last year and have never felt worried about security because I trust this exchange. Binance is considered the largest exchange in the crypto market and is involved in many new areas so you can be assured of using the service here.

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