Author

Topic: What Exchange is better? (Read 203 times)

legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
February 19, 2018, 10:36:00 PM
#14
No, no and no. You should never, ever, ever trust exchanges. At one point of time, exchanges would definitely screw up somewhere and you will never ever get your money back if you had money stored in that exchange.

You should never trust exchanges, sure. Any one of them can go belly up. But using them for trading and cashing in/out of the ecosystem is necessary. We also depend on exchanges for price discovery. Using them is a matter of risk management: Deposit, trade, then withdraw coins. Don't use them for storing funds. And I only store USD (while waiting to buy) on licensed exchanges that offer FDIC insurance for lost funds, like GDAX.

Etherdelta is the worst exchange ever. The UI is so shit you can't even use it properly.

Etherdelta is fine (assuming you use something like Metamask). Maybe it's not intuitive for novice traders, but I've never had any problems except thin order books.
sr. member
Activity: 868
Merit: 259
February 19, 2018, 10:01:42 PM
#13
You might also want to take a look at a new one. https://www.ethfinex.com/ recently launched by Bitfinex for ERC20 token trading which I'm guessing from the OP is what you are looking to sell.


Its smart for Bitfinex to isolate what would most possibly be scams. It would be easier for them to shutdown their sister exchange if the regulators orders it, while continuing the main exchange.

Or maybe this is their latest move in case their main exchange is the one ordered to shut down lol. Whats the latest news on the Tether crisis?

 
legendary
Activity: 2383
Merit: 1551
dogs are cute.
February 19, 2018, 04:20:55 PM
#12
Hi friends I need advice what to Exchange and naturally need Exchange which deserves trust.I have some coins that I earned in bounty and I would like them to be exchanged for ethereum and btc.
Can I trust this exchange traded these coins?These exchanges:
1.Huobi
2.OKEx
3.AEX
4.Bit-Z
5.EtherDelta

No, no and no. You should never, ever, ever trust exchanges. At one point of time, exchanges would definitely screw up somewhere and you will never ever get your money back if you had money stored in that exchange. Etherdelta is the worst exchange ever. The UI is so shit you can't even use it properly.
newbie
Activity: 26
Merit: 0
February 19, 2018, 10:44:52 AM
#11
Hi friends lot of Exchange but I like and want to advice best Exchange for trading such as
Bittrex
polonix
Binance
Kucoin
Hitbtc
Bit-z
   All are trustable Exchange i like and now i trading also on those Exchanges and fell Happy.
member
Activity: 210
Merit: 11
February 19, 2018, 05:57:04 AM
#10
Thanks, I use all of the information that you shared with me and will go to all exchanges that you recommended!!
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
February 19, 2018, 04:09:47 AM
#9
You might also want to take a look at a new one. https://www.ethfinex.com/ recently launched by Bitfinex for ERC20 token trading which I'm guessing from the OP is what you are looking to sell.
legendary
Activity: 1456
Merit: 1023
February 19, 2018, 04:04:58 AM
#8
Hi friends I need advice what to Exchange and naturally need Exchange which deserves trust.I have some coins that I earned in bounty and I would like them to be exchanged for ethereum and btc.
Can I trust this exchange traded these coins?These exchanges:
1.Huobi
2.OKEx
3.AEX
4.Bit-Z
5.EtherDelta

If you need lots of order book liquidity, you need a centralized exchange. Bittrex and secondly Binance will give you the thickest order books. OKex is alright, but I'm weary of the Chinese exchanges after the recent government crackdowns. Sometimes I use EtherDelta when I only need to buy/sell small amounts up to ~1 ETH. I'm not familiar with AEX or Bit-Z, sorry.

The ideal is a decentralized exchange, where you don't need to entrust coins to a third party. But options are slim. EtherDelta is decentralized, but still uses centralized DNS -- if you use it, I recommend shielding your private keys with Metamask. Radar Relay is a better alternative, but it still hasn't built up much liquidity. So I still use exchanges like Bittrex, Binance and Cryptopia.

Bittrex is a good exchange but they are not accepting new signups from the public except only corporate customers and select invitees. So if one doesn't have access to this exchange then now can't open an account.

Another exchange to consider is kucoin exchange. It is a new exchange but slowly they are adding many coins so you can open account keep ready for the future usage.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
February 19, 2018, 03:08:13 AM
#7
Hi friends I need advice what to Exchange and naturally need Exchange which deserves trust.I have some coins that I earned in bounty and I would like them to be exchanged for ethereum and btc.
Can I trust this exchange traded these coins?These exchanges:
1.Huobi
2.OKEx
3.AEX
4.Bit-Z
5.EtherDelta

If you need lots of order book liquidity, you need a centralized exchange. Bittrex and secondly Binance will give you the thickest order books. OKex is alright, but I'm weary of the Chinese exchanges after the recent government crackdowns. Sometimes I use EtherDelta when I only need to buy/sell small amounts up to ~1 ETH. I'm not familiar with AEX or Bit-Z, sorry.

The ideal is a decentralized exchange, where you don't need to entrust coins to a third party. But options are slim. EtherDelta is decentralized, but still uses centralized DNS -- if you use it, I recommend shielding your private keys with Metamask. Radar Relay is a better alternative, but it still hasn't built up much liquidity. So I still use exchanges like Bittrex, Binance and Cryptopia.
member
Activity: 210
Merit: 11
February 19, 2018, 02:07:41 AM
#6
Thank you friends for advice. I'll do that they would not keep their coins in these markets and will display them immediately after the sale.And what Exchange is the best and which is not on my list?

sr. member
Activity: 868
Merit: 259
February 18, 2018, 09:45:40 PM
#5
Go with the exchange with the most volume. I think that would be Huobi and OKex. The rest in your list are maybe "okay", but get your coins out as soon as you are done with your trade.
member
Activity: 210
Merit: 11
February 18, 2018, 02:11:52 PM
#4
Thank you that you told me and thanks that moved this message here. What do you recommend and what stock exchanges should I fear?
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
February 18, 2018, 12:19:35 PM
#3
You might get more answers if you posted this thread in the right board. Bitcoin Forum > Economy > Marketplace > Service Discussion > Exchanges
hero member
Activity: 619
Merit: 500
February 18, 2018, 12:16:37 PM
#2
I use EtherDelta and i´m happy with it.
member
Activity: 210
Merit: 11
February 18, 2018, 12:05:15 PM
#1
Hi friends I need advice what to Exchange and naturally need Exchange which deserves trust.I have some coins that I earned in bounty and I would like them to be exchanged for ethereum and btc.
Can I trust this exchange traded these coins?These exchanges:
1.Huobi
2.OKEx
3.AEX
4.Bit-Z
5.EtherDelta
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