What's your favorite exchange? - page 18.

leea-1334

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Temporary forum vacation

Quote from: chocolah29 on July 04, 2018, 09:24:25 PM

It all depends on my holdings because even I like binance so much the coins listing are just limited so I'm switching to decentralized exchange from time to time. Though I'm just annoyed from the eth platform recently because it's been a week that it's congested.

But still my top picks are binance, kucoin, ED and hitbtc.

Yes,,, I was having high hopes for decentralized exchanges but it seems they have a lot of problems to speak of, especially because Ethereum network is problematic in dealing with high congestion.

I would say my next favorite exchange is Waves, which I really really like but just that limited coins and volume. If it had even 10 times tx amounts as ETH it would still be fast and cheap (fixed fees).

gayan7788

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my favorite exchange is okex a great exchange, volume is best and withdrawal is easy and safe

NOAHCOINOfficial

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Quote from: Tytanowy Janusz on July 04, 2018, 09:13:06 AM

Quote from: cryptothreads on July 04, 2018, 08:17:21 AM

Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

I like new exchanges and among them Coinex, Coinbene, Gate are my most interesting exchanges since these are new exchanges and very good trading volume in recent times. I personally use Binance exchanges but Binance recently repeatedly made mistakes and caused many people to lose their money at this exchange. I think people should choose new exchanges because these are exchanges that can help us make a good profit

What a nonsense. You win a contest for the worst post ive read this week.

What mistakes? They didnt do any and also protect those users who cant protect their own API key. Tell them that binance made mistakes. Their API key was stolen, hacker used it on exchange, binance detect it, locked withdrawals and give back token to users - name another exchange with that attitude to user.

Quote from: cryptothreads on July 04, 2018, 08:17:21 AM

I think people should choose new exchanges because these are exchanges that can help us make a good profit

It is like "last time i bought lottery ticket in this store and i didnt win, next time ill buy lottery ticket in the same lottery but in different store".

Quote from: plpatel on July 04, 2018, 09:09:19 AM

I have been registered with many exchanges, but currently I like to do most of my trades on small exchanges rather than big exchanges.
I feel comfortable while trading in these small exchanges, though some trade takes couple of days to fill up, but it's ok for me. As soon I grow in confidence in trading, I will shift to bigger exchanges.

Smaller exchanges are harder for newbies - higher spread - less space for mistakes. Who said to You that small exchanges are for newbie and big for experienced?

I think your points are worth attention. Indeed, large exchanges offer very good support and have very strong security system. And as for interface, for example, Binance has a very user-friendly one. It's easy to use it even for newcomers

NOAHCOINOfficial

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Quote from: Flor1982 on July 04, 2018, 09:48:44 PM

Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

Well, base on my experiences I like Kucoin and Cryptopia because they have unique 2FA feature and some security features that will make our coins safe and also their transaction payment is much affordable and much faster than the other leading exchanges too. So if you want to be a trader then better to try these exchanges and see the difference.

I got me very interested in this unique 2FA feature. Thanks, will explore this

NOAHCOINOfficial

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Quote from: cryptothreads on July 04, 2018, 08:17:21 AM

Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

I like new exchanges and among them Coinex, Coinbene, Gate are my most interesting exchanges since these are new exchanges and very good trading volume in recent times. I personally use Binance exchanges but Binance recently repeatedly made mistakes and caused many people to lose their money at this exchange. I think people should choose new exchanges because these are exchanges that can help us make a good profit

Frankly speaking, all these are new to me. Definitely will take a close look at them.
As for Binance, have quite similar concerns about it

NOAHCOINOfficial

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Quote from: mobnepal on July 04, 2018, 07:39:14 AM

Binance - Because I don't have to give my personal documents to just trade and withdraw coins. I never withdraw greater than 2BTC per day so that limit is enough as unverified user.

Kucoin - Even though they have KYC, I haven't gone through it because I can still withdraw what I have there. I am just using it as an alternative when some coin's wallet get into maintainance in binance.

Weltrade - Recently started using them for margin trading in crypto markets.

Didn't know anything about the last one, thanks.
As for KYC, in you opinion, is it good when the exchange requires it or not?

NOAHCOINOfficial

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Quote from: Tytanowy Janusz on July 04, 2018, 06:48:22 AM

Quote from: charlotte04 on July 04, 2018, 06:40:51 AM

Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

If you want to find out what is the best exchange there is then you should try to pick for the one who is the number one of them all, but their would be a problem since it is the number one then hackers will try to hack that exchange.

If the biggest exchange will be hacked in small scale it will cover users losts (like bithumb did when he lost 40 mil in hack) - you will lost nothing no matter if you are inside or outside of the biggest exhange
If the biggest exchange will be hacked in big scale whole market will suffer and bitcoin will stop at 1-2k - like after mtgox hack - you will lost 80% of your investment beeing outside of biggest exchange or 100% beeing inside of biggest exchange.

If small exchange will be hacked in any scale they will probably disapper - you will lose 100 % of your investment beeing inside and 0% beeing outside

This arguments shows that it is better to choise big exchanges - even if they are on the hackers radar - they also have more money for better protection.

A very good point, I agree with you. Moreover, the security is usually much better organized at large exchanges

NOAHCOINOfficial

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Quote from: hash-pool.eu on July 04, 2018, 06:39:14 AM

Gdax, Binance and Kucoin are my favorites. Clean design, it seems that they attach importance to security, fast deposits and withdrawals.

I really tested many exchanges and it's not easy to find good ones. Gdax is the best one to buy into crypto with fiat.

is Gdax still alive? I heard it should have become Coinbase Pro or sth like that since it's owned by Coinbase

NOAHCOINOfficial

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Quote from: Tytanowy Janusz on July 04, 2018, 06:37:30 AM

Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

i have accounts of coinbene, kucoin, bitfinex, uex, huobi, binance, cryptopia. For everyday use i choise binance. Very low fees, sharp (when you place order its on market in the same second), has great mobile app and desktop app with great interface. Its also the best secured in my opinion. Binance even helps users with hacked accounts - they have whose system for that and already prevented 2 massive theft form their users account from stolen API keys - they also started a Secure Asset Fund for Users (SAFU). Starting from 2018/07/14, they will allocate 10% of all trading fees received into SAFU to offer protection to users and their funds in extreme cases..
Rest of them i use only if coin that i want to sell/buy is not listed on binance.

Acording to fees, sharpness, interface, sense of security i would rank them

1- binance
2- nothing
3- nothing
4- nothing
5- huobi
6- bitfinex
7- kucoin
8- cryptopia
9- coinbene
100- uex

I also use decentralized forkdelta for coins not listed on any centralized exchange (mostly from airdrops).

Yes, Binance is good indeed, though there are some concerns know as it quite often suspends services recently.
Thanks for your rating!

rickyharun

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personally i use all exchanger that my coin listed on there.but my favorite exchanger is binance , it easy to operate and this 2fa feature easy to use for beginner like me.

atrocityx

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Quote from: Googlegenius on July 04, 2018, 10:55:26 PM

It seems you didnt mention poloniex, hitbtc and cryptopia. Are you not trading on those big exchangers?

I don't really hold these in high regard, but I quit using Poloniex when Binance was released.. Poloniex has the lending feature of Bitfinex which is nice, but they locked my account from withdrawing for a month with no reason specified, which made me lose massive amounts of sleep at night due to the amount I had on the exchange at the time. (But my personal experience may have been one-off fluke so I thought it would be better to just not list it).

HitBTC and Cryptopia I use seldomly along with Kucoin... they're all okay and I've never had a problem using them but they're just off my radar most times. But I can't personally recommend Poloniex because of my own personal experience. Cryptopia if you're into small PnD coins, then this will probably be your favorite exchange (not something im really into) and HitBTC may be a great place to offload your IDEX bags for a quick higher liquidity flip.

Googlegenius

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Quote from: atrocityx on July 04, 2018, 10:03:50 PM

There really is no perfect exchange.. I break them down by several categories.. Features/Design/Charts/Liquidity/Fees.. They all could be better in one way or another but ranking whats important to me I'd stack them this way

1) Bitfinex - Loans/Margin Trading/decent design and charts with awesome liquidity (on BTC)...downside is altcoin liquidity.
2) Binance - Awesome Design Liquidity and Fees... terrible charts (although getting better with tradingview implementation), but lacks lending and margin trading features
3) Bitmex - Pretty decent at everything except fees.. kind of a niche market.
4) GDAX - terrible charting and liquidity, 0 fees on limit orders, basic design and features
4) Bittrex - Awful Design with limited features, nowadays limited liquidity and higher fees than Binance.
6) IDEX - Poor Desgn, great options for coins up and coming.. not a true DEX like it claims.. high fees and poor liquidity.

Everything else is a big drop for me, or outside of my scope of things I haven't tried.

It seems you didnt mention poloniex, hitbtc and cryptopia. Are you not trading on those big exchangers?

Choii

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Quote from: N0VESKE on July 04, 2018, 10:33:50 AM

There are many EX
and i like > binance

That's true and all people have a favorite exchange site for their token, but for me i have 3 favorite exchange site if i want to sell my token the first one is HitBtc because that's my first exchange site that i use and i don'y incounter any problem to that exchange site, and the second is Bibox and the last is Binance of course, actually i have several token there and i want to hold it for the long term. Moreover, i want to use also Bittrex and Poloniex but not now.

johnygrace

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For us a good exchange we get our many advantages well, bittrex, hitbtc, binance and poloniex, for us also good that we use every day.

atrocityx

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Quote from: lepbagong on July 04, 2018, 10:09:28 PM

thanks for the additional information provided, some I've tried it and it's like that but others have not tried but hopefully it can be useful

You're welcome.. hopefully it helps in some way. Its funny that even though Bitfinex is my favorite, I'd still score it only a 6/10.. the bar has so much higher it can go.

lepbagong

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: atrocityx on July 04, 2018, 10:03:50 PM

There really is no perfect exchange.. I break them down by several categories.. Features/Design/Charts/Liquidity/Fees.. They all could be better in one way or another but ranking whats important to me I'd stack them this way

1) Bitfinex - Loans/Margin Trading/decent design and charts with awesome liquidity (on BTC)...downside is altcoin liquidity.
2) Binance - Awesome Design Liquidity and Fees... terrible charts (although getting better with tradingview implementation), but lacks lending and margin trading features
3) Bitmex - Pretty decent at everything except fees.. kind of a niche market.
4) GDAX - terrible charting and liquidity, 0 fees on limit orders, basic design and features
4) Bittrex - Awful Design with limited features, nowadays limited liquidity and higher fees than Binance.
6) IDEX - Poor Desgn, great options for coins up and coming.. not a true DEX like it claims.. high fees and poor liquidity.

Everything else is a big drop for me, or outside of my scope of things I haven't tried.

thanks for the additional information provided, some I've tried it and it's like that but others have not tried but hopefully it can be useful

atrocityx

member

Activity: 336

Merit: 71

There really is no perfect exchange.. I break them down by several categories.. Features/Design/Charts/Liquidity/Fees.. They all could be better in one way or another but ranking whats important to me I'd stack them this way

1) Bitfinex - Loans/Margin Trading/decent design and charts with awesome liquidity (on BTC)...downside is altcoin liquidity.
2) Binance - Awesome Design Liquidity and Fees... terrible charts (although getting better with tradingview implementation), but lacks lending and margin trading features
3) Bitmex - Pretty decent at everything except fees.. kind of a niche market.
4) GDAX - terrible charting and liquidity, 0 fees on limit orders, basic design and features
4) Bittrex - Awful Design with limited features, nowadays limited liquidity and higher fees than Binance.
6) IDEX - Poor Desgn, great options for coins up and coming.. not a true DEX like it claims.. high fees and poor liquidity.

Everything else is a big drop for me, or outside of my scope of things I haven't tried.

Flor1982

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Quote from: NOAHCOINOfficial on July 04, 2018, 06:12:47 AM

There are many exchanges out there. Which one do you use and why?
Thanks!

Well, base on my experiences I like Kucoin and Cryptopia because they have unique 2FA feature and some security features that will make our coins safe and also their transaction payment is much affordable and much faster than the other leading exchanges too. So if you want to be a trader then better to try these exchanges and see the difference.

anume123

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Proof-of-Stake Blockchain Network

Many exchangers spread the cryptocurrency field and many investors do not even buy altcoins or tokens to them their exchanger because many would like to be the famous exchanger and not scam later.

chocolah29

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It all depends on my holdings because even I like binance so much the coins listing are just limited so I'm switching to decentralized exchange from time to time. Though I'm just annoyed from the eth platform recently because it's been a week that it's congested.

But still my top picks are binance, kucoin, ED and hitbtc.

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