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Topic: where do you trading btc/usd now? after bitfinex... (Read 2862 times)

hero member
Activity: 644
Merit: 500
I don't trust that site anymore and after it was hacked, i stopped bitcoin/altcoin trading

this is the practice which once and for all
but if we don't trade, what should we do??

Trading of bitcoin/altcoin is much beneficial as with that we earn some bigger profit in a short time period, so for that there are a lot of other exchanges also available which are working from longer period and do not have any issue like that.
legendary
Activity: 1232
Merit: 1091
i never use bitfinex before or after it hacked. i use yobit exchange, i think we have no other option except to use a exchange and i think it is a part of life just like in real life when a band robbed and all the money of the people taken away, i can hope that next time we will not face such kind of situation again.
I use yobit too have haven’t ever been worried about losing my bitcoin or the company being hacked. I think any company is vulnerable thought but since the recent hack I bet all the major companies are doubling down on cyber security.

Exchanges stating that they are upping their security basically admit that their security wasn't top notch at all. And exactly that is a very worrying thing. Beside the fact that the security of an exchange holding people's funds must be at the highest levels at all times, people must also realize the scenario of the exchange operators committing thefts. Especially when it's very easy to become filthy rich in a very short time when it's concerning a major exchange. People go nuts when they deal with large numbers.
full member
Activity: 491
Merit: 105
i never use bitfinex before or after it hacked. i use yobit exchange, i think we have no other option except to use a exchange and i think it is a part of life just like in real life when a band robbed and all the money of the people taken away, i can hope that next time we will not face such kind of situation again.
I use yobit too have haven’t ever been worried about losing my bitcoin or the company being hacked. I think any company is vulnerable thought but since the recent hack I bet all the major companies are doubling down on cyber security.
full member
Activity: 826
Merit: 105
i always traded on yobit and i still trade on it now, i never liked bitfinex
hero member
Activity: 490
Merit: 500
lol,

I never know yobit before I saw this thread, is that another digital coin?

something interesting here  Cool


ps, I think bitstamp and lakebtc and btc-e are still my first three choice to trade btc/usd.
sr. member
Activity: 350
Merit: 250
I am trading btc/usd at Poloneix and a little bit of Yobit. I usually use the lending platform at Poloneix and that is my go to place.
full member
Activity: 196
Merit: 100
i never use bitfinex before or after it hacked. i use yobit exchange, i think we have no other option except to use a exchange and i think it is a part of life just like in real life when a band robbed and all the money of the people taken away, i can hope that next time we will not face such kind of situation again.
full member
Activity: 142
Merit: 100
Poloniex and sometimes yobit, to be honest i never traded a lot on bitfinex, so that is not a huge change just that i have more money in poloniex/yobit now
copper member
Activity: 39
Merit: 0
after bitffenex scam i am trading USD/BTC in polo and yobit. sometimes i use bittrex also.
hero member
Activity: 2282
Merit: 505
after bitfinex down/hacked/stolen, not sure whether it is also an inside job, but I am frightened

when I see the volume of btc/usd, https://coinmarketcap.com/currencies/bitcoin/#markets

LakeBTC, CoinBase(GDAX), and Bitstamp are the biggest three, Bitstamp I have known much, they were also down/hacked/stolen last year, and also lost tens of thousands of Bitcoin from customers; LakeBTC I have also known much, their withdrawal are not very good in fee and speed, although the deposit is free and fast.

so could anyone introduce a better exchange to do btc/usd trading? or share you experience on LakeBTC, CoinBase, and Bitstamp.

any experience will be grtaeful, thanx firstly
Let's strike through the bitstamp and lake btc because like your said is showing you is already not having any intention for visiting or using them.
but in this time i think the good place is a poloniex but it's for my personality. and the second is a bittrex. i think you must choose one of the exchange site between coinbase,polo and bittrex. i think the three is having a good result from their user's feedback.
hero member
Activity: 547
Merit: 500
I don't trust that site anymore and after it was hacked, i stopped bitcoin/altcoin trading

this is the practice which once and for all
but if we don't trade, what should we do??
member
Activity: 88
Merit: 10
I don't trust that site anymore and after it was hacked, i stopped bitcoin/altcoin trading
full member
Activity: 196
Merit: 100
i am lucky that before also i never traded at bitfinex.Because i am from country where btcxindia is running pretty good and a really good exchange for me.So i always traded there because they had a really good service with phone support so always traded my bitcoins there.
But yes after Bitfinex hack its really hard to trust any other exchanges.
full member
Activity: 126
Merit: 100
after bitffenex problem
iam trading USD/BTC , in huobi, BTC-e and okcoin .com
in there volume transaction is equal and same bitfinex, so is no problem about bitfinex problem
much alternatif market exchanger another bitfinex
hero member
Activity: 547
Merit: 500
BTC-e and LakeBTC are reliable
many people criticize them, but indeed they never had security problems in funds.
hero member
Activity: 672
Merit: 500
Currently I am only on Yobit and investing on those altcoins, which I come to know that this coin is going to multiple thousands percent, and after that when I will have a bigger amount of capital I will start to trade to bigger exchanges.

and Luckily I do not have any account on bitfinex.
hero member
Activity: 756
Merit: 500
Traders keep their funds secure by spreading them on different exchanges like cex.io, kraken, bittrex, poloniex etc. Yobit might not be the only exchange he uses.

It might be safe for short time. but the thing I'm sure won't last long in time, because I see all the trading sites would not survive if they already don't have customers or they do not provide specific safeguards against heat wallet they had. So keep your main money into personal wallet
legendary
Activity: 1288
Merit: 1087
That ain't secure, that's preventing total destruction by betting not everyone'll go down at the same time.

If you want usd and margin there ain't mamy options. Btce, maybe bitmex and I'm not sure where else. That's why bitfinex is gonna be back no matter what weirdness they pull.
Das
sr. member
Activity: 308
Merit: 250
Traders keep their funds secure by spreading them on different exchanges like cex.io, kraken, bittrex, poloniex etc. Yobit might not be the only exchange he uses.
legendary
Activity: 896
Merit: 1000
I do not trade anywhere, but all my savings are on Yobit now. That is the same kind exchanger as Bitfinex and others. After the story with Bitfinex I am thinking to cash out my money, just waiting for the course of bitcoin will grow, at least on the same level like it was before Bitfinex hacking.

what? you are thinking to cash out all your savings from yobit? you shouldn't be thinking, you should act now and get your coins back to your own wallet. i don't even know why you still haven't done it once you heard bitfinex is hacked. isn't that reason enough to move your coins away from exchanges directly?
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