Those reliable exchanges on the market - page 5.

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Quote from: Fundamentals Of on July 11, 2020, 10:53:31 PM

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

In recent years, I have often seen people being scammed by mistakenly choosing fake platforms when investing in cryptocurrencies. Therefore, I have compiled some reliable cryptocurrency exchanges , hoping that similar things will not happen again.

People are being scammed because they are careless and gullible. To these people, it is not just a matter of which exchange is better or more secure. That is obvious which ones are more reliable. The names like Binance, Okex, etc are already popular among crypto fans. It is more of a matter of doing careful research and proper discretion. Even in a trusted exchange, people could still fall for useless shitcoins.

Even if it is a reliable exchange, it doesn't mean that it doesn't have any shitcoin listed on that exchange. Even in Binance and Huobi have shitcoins listed in their exchange. Many traders do not know how we can say that it is a shitcoin or not. Basically in order for us to know if it is a shitcoin or not, is by looking its market capitalization, on its daily volume and also its liquidity. I agree to you that many people fall from it so even if we use trusted exchange, we should still pick reliable altcoins.

Viscore

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These exchanges are worthy of our trust, no wonder they keep as the top listed because it as proven already and people brought them on the top for the reason that they get satisfied with their services. Hacking events never have to expect with but they all have no excuses that we put the blame because of their lapses.

I use Binance for quite a long time and never have a problem with that is why I'd never had to look for another coz I already satisfied and that is very important. But of course, we all have different preferences, may it work good for me but could also be not appreciated by others or having a problem.

Fundamentals Of

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

In recent years, I have often seen people being scammed by mistakenly choosing fake platforms when investing in cryptocurrencies. Therefore, I have compiled some reliable cryptocurrency exchanges , hoping that similar things will not happen again.

People are being scammed because they are careless and gullible. To these people, it is not just a matter of which exchange is better or more secure. That is obvious which ones are more reliable. The names like Binance, Okex, etc are already popular among crypto fans. It is more of a matter of doing careful research and proper discretion. Even in a trusted exchange, people could still fall for useless shitcoins.

cryptothreads

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I have invested in many exchange sites and chose binance to stay the currency available Binance may be an excellent platform for exchange. But coinbase and huobi seem to be the simplest when it involves investing immediately. Here the complete validity is verified and there's no possibility of scam.

The exchanges you talk about are all reputable exchanges in this market, but I prefer to use Binance because this exchange has followed me over the past three years. In addition, I can liquidate at any time if I feel like and switch to fiat easily without any obstacles.

For me, Binance is the only exchange that makes me feel most secure, and this exchange will change every day to match the current investment trends.

rexxarofmoknathal

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Quote

I could still remember too, though the most useful cryptocurrency exchange on the list provided by op is Binance exchange. Have tried series of cryptocurrency exchange but discovered that the best that provide security and liquidity if I may say is Binance, although, I occasionally used some others but with little funds or.coins for trade compare to Binance exchange.

I agree that out of the exchange platforms mentioned in this post Binance is among the top most popular ones, and even coinbase is rated pretty good. I personally, have used both and for large withdrawals I prefer to use Binance whereas for coins and token interchanges I found bestchange to be quite decent.

Obviously, which exchange platform you use depends on your work so best to look into these properly before committing to them.

Shohag123

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In a start my trading days,i have faced a lot of scammed exchang.And I lost a good amount of money.If anyone wanna trade at first they have to choose proper exchange.There are many real and good exchange but the only 2 exchange that I like most and I believe this exchange blindly.

Binace is the best and trustworthy exchange for me.Normally I do all the trading in the binnace.They have huge volume and trading fee is not much.

Another exchange I use if that coin is not available in Binance then it is huobi exchange.

Shasha80

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It is very important to choose reliable exchanges for trading, if we choose the wrong exchange, we can become a victim of scams and we can lose
assets that we have in these exchanges. And of the five exchanges mentioned in the opening post, only Bitmex is not reliable exchanges in my opinion.
Because based on the analysis that I have done, Bitmex trading volumes are fake. So avoid using Bitmex, right now I am trading at Binance. And quite
satisfied with the services and features.

el kaka22

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I have seen a lot of articles that have addressed this kind of awareness, I still wake up to news of people being scammed by exchanges. Some people never learn until they get to a level where they experience such things, that’s when they will learn.

Sometimes I see newbies that will be talking about exchanges that I have never heard of since I have been here. I don’t know why people will leave exchanges that are well known to be using exchanges that are not known by anyone. When I started cryptocurrency I did my research on exchanges to know which ones are reliable and I read a lot of reviews. It’s very important especially for newbies so that you don’t make a mistake.

rodskee

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Quote from: ?? on ??

I have invested in many exchange sites and chose binance to stay the currency available Binance may be an excellent platform for exchange.

Binance is on the top when we talk about exchange, no question bout that.

Quote from: ?? on ??

Here the complete validity is verified and there's no possibility of scam.

Not sure with that, even they provided information doesn't mean it won't scam.

Hypnosis00

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

My friend told me that you can trade in Binance and make transactions without even accessing its verification, which is I tried.

But verification is one of the most important things in a certain exchange as it promotes that stability and legitimacy of a certain platform.

In this platform, I tried to do future trading and as I make transactions, I'm comfortable with its features and interface. But you should be careful of high fluctuations that can make you lose your assets and money. You should be mindful of the date in the calendar and the prices of your assets so that you are aware of those expiration dates. Overall, Binance is a good but not the best for me as an exchange.

You can't find a certain exchange that works perfectly, not even Binance nor the others. We all had never forgotten the hacking scenario but they rebuild their reputation proving that they are worth our trust. All reputable exchanges are working hard to make it acceptable to the traders and users but we have our own choice and of course, it depends on our experience

I used Binance apps on my phone and it works great, nothing I got trouble and even compromise. I was comfortable using this that is why I'll keep using this. It doesn't matter what exchanger is the number one but the one that matters most is how we are comfortable in using it.

Latviand

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My friend told me that you can trade in Binance and make transactions without even accessing its verification, which is I tried.

But verification is one of the most important things in a certain exchange as it promotes that stability and legitimacy of a certain platform.

In this platform, I tried to do future trading and as I make transactions, I'm comfortable with its features and interface. But you should be careful of high fluctuations that can make you lose your assets and money. You should be mindful of the date in the calendar and the prices of your assets so that you are aware of those expiration dates. Overall, Binance is a good but not the best for me as an exchange.

Twinkledoe

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Quote from: Wexnident on July 10, 2020, 09:53:31 PM

They get scammed by fake exchanges, but it's also their own fault tbh. A lot of exchanges known to be quite reputable have already been in the market for so long. Sure, if it was year one or year two of Crypto, being scammed could be excused, year 3? Could also be. But after that? It's only up to them being ignorant or them being greedy for benefits. Identifying scams are pretty easy tbh, the simplest would be if it's too good to be true, it's most likely a scam.

I've used both Binance and Coinbase, but I stopped using Coinbase after some time and just switched to Binance completely. Mostly because of how big Binance has become with their trading volumes being sky-high. Plus, I experienced Coinbase having these irritating issues with regards to their platform. Having the issue of everything freezing up is a pain, especially if it crops up every now and then.

There are still medium exchanges that you can use but after you finished your trading, you should pull out your funds and transfer to your own wallet. Because sometimes not all coins are being traded in Binance, some you can find in small exchanges. And if you have that coin, you need to use those small exchanges. But you need to do a bit of research before sending all your coins, particularly if they have existing allegations that are not yet resolved.

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Quote from: TravelMug on July 10, 2020, 11:26:30 PM

Binance gets the vote for me, CZ is really doing a good job making this the best platform for crypto users. Of course, someone will argue that this is debatable, but personal experience tells me that they are just above the rest of the exchanges today.

Those next in the list will do a lot of effort to even get even with Binance as far as activity and platform evolution. Binance is all over the Asian market and their next target will be Africa, one of the biggest if not the biggest market. So Just imagine if they can get a piece of that huge pie, another billion profits for CZ.

There are a lot of reliable and trusted exchanges out there so it is really depends on what kind of trader are you where what you really after and what are you seeking. Binance is really a good exchange and I also managing portfolio there. Their CEO is doing a great job and many traders are using that platform because of its high market capitalization and also because of its good liquidity. I also using OKEX but my fund there is only small and I only using it in swing setups in trading.

TravelMug

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Binance gets the vote for me, CZ is really doing a good job making this the best platform for crypto users. Of course, someone will argue that this is debatable, but personal experience tells me that they are just above the rest of the exchanges today.

Those next in the list will do a lot of effort to even get even with Binance as far as activity and platform evolution. Binance is all over the Asian market and their next target will be Africa, one of the biggest if not the biggest market. So Just imagine if they can get a piece of that huge pie, another billion profits for CZ.

Wexnident

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They get scammed by fake exchanges, but it's also their own fault tbh. A lot of exchanges known to be quite reputable have already been in the market for so long. Sure, if it was year one or year two of Crypto, being scammed could be excused, year 3? Could also be. But after that? It's only up to them being ignorant or them being greedy for benefits. Identifying scams are pretty easy tbh, the simplest would be if it's too good to be true, it's most likely a scam.

I've used both Binance and Coinbase, but I stopped using Coinbase after some time and just switched to Binance completely. Mostly because of how big Binance has become with their trading volumes being sky-high. Plus, I experienced Coinbase having these irritating issues with regards to their platform. Having the issue of everything freezing up is a pain, especially if it crops up every now and then.

AniviaBtc

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

4. Coinbase

Coinbase is the first pioneer to provide cryptocurrency trading services, it's main business direction is to comply with local regulatory regulations.

By that means, Coinbase successfully gain the European, American, and Asian markets, even Japan,well known for it's strict regulations on cryptocurrencies, allows Coinbase to enter its market.

Coinbase supports less cryptocurrencies than other exchanges, there are only about 60 options available for investment, and the average daily trading volume can reach 300 million US dollars.

Coinbase also have cooperated with Visa to launch Coinbase Card, which can be added to Goole Pay, can use cryptocurrency to purchase daily necessities in 14 European countries, including the United Kingdom,which also shows that its security has been recognized by Google.

At the same time, Coinbase also has a remarkable performance in the blockchain. In February this year, it was selected as the Fortune 50 blockchain. Others included in the list include Microsoft, Apple, Amazon, IBM, Microsoft, etc.

Forbes' list of top 50 blockchains: https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/?fbclid=IwAR1_YM8HiG6iVUwr8rstgcOpc2m5ZTtACaefV7iDLrqLxNhlRCrLlV54M44#14e656817553

Coinbase's official website: https://www.coinbase.com/
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Coinbase is one of those trusted exchange that most of the people are using including me. I used Coinbase for 2 years and it really suits my type as I prefer its features than other exchanges. Due to its reputation and service to its customers, I try to tell it to my friends and they also use this platform to buy and sell bitcoin.

It is user-friendly and efficient to use that's why its customers or those people who are accessing this exchange is increasing.

But there's no such thing as a perfect and ideal exchange that has no flaws or issues.

According to other people, there's a time where Coinbase is very slow in fixing their issues in their platforms and it takes a lot of time for them to troubleshoot their errors. But most of the exchanges have their own issues and that's normal for a certain platform to have that.

SquallLeonhart

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I could honestly say that I have used all of them at one point or another add in kucoin and that would be my top 6 exchange list at all times, kucoin wasn't bad neither. Coinbase was something I used to pay some American companies, never used it for myself but there was moments when they wanted to get paid with coinbase app and I agreed and it was smooth and quick and easy so I assume other stuff of coinbase must be fine.

I used huobi and okex and binance for my trading in general and I loved them all, they were great with obviously binance being a bit ahead of everyone else. I would suggest all of these websites to people who would like to use them, they are quite great and they are definitely places that people wouldn't really have trouble with at all.

ReiMomo

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No wonder that the Binance exchange platform will always on the list of all reliable exchanges.

If I'm going to choose an exchange, I prefer to use this feature. Large volume, high on liquidity, more pair coins to choose and good PR in all crypto community. The compilation list of OP is good but OP should consider the comparison between those sites.

One thing just I want to remind traders, don't store your fund on the exchange, once you did not own your private key it means the fund you have stored has not belonged to you.

royalfestus

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I also think those exchanges hold more reliable project/coins than others, they research the projects, advice them and give regulations for successful delivery, if the project fails to attract good volume of trade they delist. The high volume trade of most coins on the exchange encourage new traders and bag holder to trade on them. Some have history of hack and no exchange is out-rightly safe from hack so coin traded should be properly managed.

ChiBitCTy

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I'm not sure I would call Coinbase a "reliable" exchange per say. Coinbase ran basically without customer support for years when they got started. The still to this day, despite having proper funding and having made countless profits, have a freezing exchange ( meaning the exchange often freezes when trying to use it during times of high volatility). I have had plenty of buddies accounts being closed for no reason at all. I've also had friends lose their funds to Coinbase. They locked them up and refused to return them ( this was more so when they had no oversight at all).

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