Types of Exchanges we know | Bitcointalksearch.org

Kramblerty

member

Activity: 266

Merit: 15

Quote from: Jekbolt on February 16, 2018, 04:52:19 AM

Hey all! don't forget to put your vote: https://bitcointalk.org/index.php?topic=2940215.40

Define 4 features of an Exchange, which are most important for you - participate in poll!

Cool Thread!
Hope you will be updating it

commlinx

full member

Activity: 294

Merit: 100

I a lot of usually than not utilize the most technique to exchange the market since it's protected. You to boot comprehend that exchanges during this market aren't overseen thus within the event that you just area unit bamboozled or taken then you'll be able to not get onto back. thus I as a rule through negotiator to form exchanges for my property, to a small degree exchange charge is adequate thus I feel ok for my property.

Jekbolt

member

Activity: 266

Merit: 20

Hey all! don't forget to put your vote: https://bitcointalk.org/index.php?topic=2940215.40

Define 4 features of an Exchange, which are most important for you - participate in poll!

Kramblerty

member

Activity: 266

Merit: 15

Quote from: Jekbolt on February 15, 2018, 04:32:12 PM

Quote from: Kramblerty on February 15, 2018, 11:34:48 AM

I somewhere herd about some kind of agregator-exchange (existing or developing I forget), through which you can trade in many different exchanges (from one terminal).

Probably this is not an exchange but a broker that gets API connections to dif. exchanges and provide a terminal for trading on them. This kind of platforms relates to the 5. Non-executable brokers/platforms.

Yee, I guess you are right Roll Eyes

Jekbolt

member

Activity: 266

Merit: 20

Quote from: Kramblerty on February 15, 2018, 11:34:48 AM

I somewhere herd about some kind of agregator-exchange (existing or developing I forget), through which you can trade in many different exchanges (from one terminal).

Probably this is not an exchange but a broker that gets API connections to dif. exchanges and provide a terminal for trading on them. This kind of platforms relates to the 5. Non-executable brokers/platforms.

Kramblerty

member

Activity: 266

Merit: 15

I somewhere herd about some kind of agregator-exchange (existing or developing I forget), through which you can trade in many different exchanges (from one terminal).

Jekbolt

member

Activity: 266

Merit: 20

Quote from: carlisle1 on February 15, 2018, 05:24:18 AM

Quote from: Jekbolt on February 10, 2018, 04:26:02 PM

Quote from: BillCoin on February 10, 2018, 02:59:47 PM

Cool Thread!
Would like to add few things to the existing types.

Brokers- Strength- you can buy a crypto backed etf( such as GBTC), so you are actually invest in crypto, but it would be much easier to convert the winnings into fiat, as taking money out of your broker account is much different from taking money out of a crypto exchange account, banks are most likely to accept that money.
Centralized Exchanges-Weakness- At most of the exchanges, you would need to reveal your identity for using the exchange, unlike at decentralized exchanges where you won't even need to reveal your name in order to use.

Decentralized Exchanges-Weakness- currently, there are no decentralized exchanges with a fair volume, so it's almost impossible to use one.

Thanks for the comment!! Thanks to you I had added:
- 5. Non-executable brokers/platforms
- need to reveal your identity for Centralized Exchanges-Weakness
- no decentralized exchanges with a fair volume for Decentralized Exchanges-Weakness

But could you please explain what do you mean no fair volume (for decentralised exchanges)? Tell about some examples.

this is one good thread,such a brightful mind can make a thread that has open all the issues from questions and answers needed by many users now.actually me myself had learn some points in which i really dont know since.thank you so much op.

oh thank you so much!...(any merit would be welcomed=))....Soon this topic will be armed with new info, when the poll reaches at least 100 people; PLEASE participate too: https://bitcointalksearch.org/topic/how-you-choose-the-exchange-for-trading-vote-2940215

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Jekbolt on February 10, 2018, 04:26:02 PM

Quote from: BillCoin on February 10, 2018, 02:59:47 PM

Cool Thread!
Would like to add few things to the existing types.

Brokers- Strength- you can buy a crypto backed etf( such as GBTC), so you are actually invest in crypto, but it would be much easier to convert the winnings into fiat, as taking money out of your broker account is much different from taking money out of a crypto exchange account, banks are most likely to accept that money.
Centralized Exchanges-Weakness- At most of the exchanges, you would need to reveal your identity for using the exchange, unlike at decentralized exchanges where you won't even need to reveal your name in order to use.

Decentralized Exchanges-Weakness- currently, there are no decentralized exchanges with a fair volume, so it's almost impossible to use one.

Thanks for the comment!! Thanks to you I had added:
- 5. Non-executable brokers/platforms
- need to reveal your identity for Centralized Exchanges-Weakness
- no decentralized exchanges with a fair volume for Decentralized Exchanges-Weakness

But could you please explain what do you mean no fair volume (for decentralised exchanges)? Tell about some examples.

this is one good thread,such a brightful mind can make a thread that has open all the issues from questions and answers needed by many users now.actually me myself had learn some points in which i really dont know since.thank you so much op.

rog1121

full member

Activity: 350

Merit: 100

I more often than not utilize the main method to exchange the market since it's protected. You additionally comprehend that exchanges in this market are not overseen so in the event that you are bamboozled or stolen then you can not get it back. So I as a rule through intermediary to make exchanges for my property, a little exchange charge is adequate so I feel ok for my property.

joms07

newbie

Activity: 70

Merit: 0

Summary of the pros and cons of the Binance Exchange, as well as a step-by-step guide on ... We can use either BTC or ETH to buy BNB, we just need to specify it.

mkettler

member

Activity: 66

Merit: 11

I more often than not utilize the main method to exchange the market since it's protected. You additionally comprehend that exchanges in this market are not overseen so in the event that you are bamboozled or stolen then you can not get it back. So I as a rule through intermediary to make exchanges for my property, a little exchange charge is adequate so I feel ok for my property.

Vazil

jr. member

Activity: 112

Merit: 6

Quote from: Jekbolt on February 14, 2018, 09:16:39 AM

Please participate in the poll - the crypto world needs your vote!
https://bitcointalk.org/index.php?topic=2940215.new#new

I had voted! Good and useful thread... thanks

Jekbolt

member

Activity: 266

Merit: 20

Please participate in the poll - the crypto world needs your vote!
https://bitcointalk.org/index.php?topic=2940215.new#new

Jekbolt

member

Activity: 266

Merit: 20

Quote from: metenjean on February 14, 2018, 04:17:00 AM

This is a great thread to summarize all cryptocurrencies exchanger and the type out there however i think most and all of them still posess high risk, its not about risk of being hacked but all trading activities have high risk of losing great amount of money, and for the record i think derivatives contract exchanger such as no 5. should be consider the most dangerous one to be pointed out because you can lose all your investment even if you're holding your bitcoin and not even sell them, because they use contract and many people not really understand the way this kind of trading platform works Grin

Thanks! any merit donations would be very welcomed=) In near future I will add the info about what are the main concerns of the traders. Then we will try to evaluate each type of exchanges due to that concerns. Afterwards, we'll try to go even deeper with preparing some kind of table with all exchanges and their +/- with total ratings.

metenjean

full member

Activity: 854

Merit: 140

This is a great thread to summarize all cryptocurrencies exchanger and the type out there however i think most and all of them still posess high risk, its not about risk of being hacked but all trading activities have high risk of losing great amount of money, and for the record i think derivatives contract exchanger such as no 5. should be consider the most dangerous one to be pointed out because you can lose all your investment even if you're holding your bitcoin and not even sell them, because they use contract and many people not really understand the way this kind of trading platform works Grin

cryptocurrencyguru

member

Activity: 280

Merit: 11

Quote from: cryptorampage on February 14, 2018, 03:46:27 AM

Awesome post man , i got a solid knowledge of exchanges through your article , please keep it up.
Thumbs UP.
Cool

Yes, OP shared lot of information about the exchange and their features, so whether all of the exchanges are using the same criteria what he posted in the above?

cryptorampage

jr. member

Activity: 56

Merit: 30

Awesome post man , i got a solid knowledge of exchanges through your article , please keep it up.
Thumbs UP.
Cool

Jekbolt

member

Activity: 266

Merit: 20

Quote from: eternalgloom on February 13, 2018, 07:30:08 AM

Quote from: Jekbolt on February 12, 2018, 07:51:04 AM

Quote from: patt0 on February 11, 2018, 04:02:16 PM

Thanks man, that's quite a nice post and I got to know a lot of different types of exchanges that I wasn't aware. I'm afraid that in practice, we are quite limited to the second type of exchanges you described (the centralized ones). I would like to use decentralized exchanges, since they would be a great way to avoid regulations fud, since they would be quite hard to shutdown (although like you said you can't trade fiat on them). The problem is that they lad to much right now.

I think it would be great if you added some examples of exchanges to your post. I don't know many decentralized exchanges, so it would be a great way of getting to know some more.

Kindly advise, can I (due to the forum policy) put ref links to the examples I will find good? Huh

I don't know if your thread would qualify for that, I think you need to improve the design a bit for that.
In any case, you'd have to ask one of the moderators if you're allowed to do that.

Don't add them before you've gotten permission though.

Ok, thanks a lot!! I also had tried to connect via PM to moderator but can not (due to my low rang)

Perseusallen

full member

Activity: 196

Merit: 101

Coinbase is considered by many as the best exchange for cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It has own associated wallet with Android and iOS apps. Some of the users have complained of privacy violations.Coinbase was founded in 2012. It is headquartered in San Francisco, California. It allows the users to make recurring purchases to invest in various cryptocurrencies. It is one of the most renowned cryptocurrency exchanges in the world.

Greg Gregztle

newbie

Activity: 2

Merit: 0

I'd also split exchanges into:

1) Accepting Fiat
2) Non-Accepting Fiat

Topic: Types of Exchanges we know (Read 488 times)