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Topic: Thoughts on the exchanges (Read 895 times)

hero member
Activity: 1344
Merit: 502
April 03, 2021, 11:35:57 AM
#4
I deposit to coinbase USDC, withdraw to coinbase pro, purchase my crypto and then withdrawal it back to coinbase to hold my crypto. It saves on the fees.
Crypto .com for other alt coins that are not on CB.
Bitrue is really great and no one talks about it. You can stake a lot of coins and make money. Coinbase pro is also much cheaper the coinbase
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
July 02, 2011, 05:58:09 PM
#3
Mt gox is good because of the volume.. and I agree with the format of stats.. every exchange has one piece of picture missing, no one has the whole..  I've been using a canadian exchange, as well as all three you mentioned..  the canadian one being the best due to the ease of withdrawing and depositing.. speed of it and so forth..  
sr. member
Activity: 294
Merit: 250
July 02, 2011, 05:10:26 PM
#2
No thoughts, or no one uses the exchanges?
sr. member
Activity: 294
Merit: 250
July 02, 2011, 12:03:08 AM
#1
Hello.  I hope we can have a constructive conversation here.  (ha!)

I'm relatively new to the bitcoin scene.  I started trading 2 weeks ago.  I started mining 2 days ago.

I've mostly used MtGox, but I have also made some trades at Trade Hill and Bitmarket.eu.  I've also played a bit with the test site at CampBX.

Of the 3 actual open exchanges I've used, MtGox is the best (in my opinion) despite it's problems.  I came to that conclusion pretty quickly after using Trade Hill after a "that's it, I've had it with MtGox!" moment.  Here's why:

* last price, high and low, and my BTC and $ totals on all pages:  I didn't realize how handy this was until I used Trade Hill - they don't have it.

* real time "math update".  By this I mean I put my price in a buy or sell order, then as I change the quantity, the total $ updates in real time.  SO MUCH nicer than having to use a calculator on Trade Hill (after having to open a new tab to see what my balances are)

* transaction history:  MtGox's history says "bought 5.5 BTC at $15.55".  Trade Hill's says "Obtain: 5.4500 BTC Gave: 83.6575 USD".  Which of those is easier to understand?  Which of those requires a calculator to see what the price per BTC was?

Trade Hill's one nice thing?  BTC transfers in are much faster than MtGox.

Bitmarker.eu is a whole different beast.  It's just a place that matches buyers and sellers, kinda like eBay.  You pay the seller and they verify you paid them, and Bitmarket releases the BTC.  You can buy BTC with PayPal there.  That is nice.  They need some kind of verification that you are not a scammer, tho.  For me, they used me eBay account, which has 100% positive feedback.

CampBX looks awesome.  Modern javascript, advanced trading, they seem to take security seriously.  Very nice.  I would love to see them open big on July 5, and get some decent volume.  It could really take over the exchange space -IF they can handle everything in the real world.  The test site certainly is cool.

What are your opinions? I know you all have lots of them  Smiley
   
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