Where is better to exchange alts? | Bitcointalksearch.org

Hypnosis00

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Quote from: Twinkledoe on August 25, 2019, 05:19:55 PM

Quote from: Arkann on August 25, 2019, 10:38:59 AM

any exchange can be subject to a hacker attack or other bad influence that can happen on the cryptocurrency market. But the fact is that we cannot foresee everything and therefore we must still minimize the risk for the loss of our funds. Based on this, you need to choose only the highest-rated cryptocurrency exchangers, such as the Binance trading exchange. Until this time, I used bittrex, Hit btc and IDEX.

And remember to withdraw your coins once finished trading and store it in your own wallet. Though Binance is a reputable one, you can't say that your coins are 100% safe and secure with them because they already had been a victim of hacking incident. It is also true with other exchanges, no matter how secure they are, hacker tools are becoming sophisticated so they can penetrate even the secured ones.

It have to know that Binance is getting hot, not only for investors and traders but also in the eyes of hackers. If they get succeed in hacking Binance again, well it has to be a big money deal for them. Better to spread our funds into different exchanges for not be in one click and gone.

I've used ForkDelta several times and feel secure with, the only problem with is that the price still at very low compared to the others. Bittrex is good as well but we can't find those new created and low volume coins in there.

Twinkledoe

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Quote from: Arkann on August 25, 2019, 10:38:59 AM

any exchange can be subject to a hacker attack or other bad influence that can happen on the cryptocurrency market. But the fact is that we cannot foresee everything and therefore we must still minimize the risk for the loss of our funds. Based on this, you need to choose only the highest-rated cryptocurrency exchangers, such as the Binance trading exchange. Until this time, I used bittrex, Hit btc and IDEX.

And remember to withdraw your coins once finished trading and store it in your own wallet. Though Binance is a reputable one, you can't say that your coins are 100% safe and secure with them because they already had been a victim of hacking incident. It is also true with other exchanges, no matter how secure they are, hacker tools are becoming sophisticated so they can penetrate even the secured ones.

Iceblast

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Quote from: leowonderful on August 22, 2019, 12:19:29 PM

KuCoin's going to be your best alternative if you're looking for a somewhat reputable exchange that doesn't require KYC upfront in order to trade; there's other exchanges out there that don't request KYC as well but most of 'em are much smaller and shadier IMO. I don't find Binance to be especially shady, but it's got the best volume for most alt pairs. I know some people that use HitBTC as well, but I'm pretty sure they do request KYC if that's something you're looking for.

Kucoin can be one of the best exchange options, but I think for an exchange it requires trading volume and now trading between binance and kucoin is different. so I think I have to really understand to choose between kucoin or binance.

Mt. Dempo

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in my opinion binance is the best exchange at the moment. Although they do have this final security problem, but they will overcome it, but if you are in doubt about binance, I recommend you trade at gate.io, kraken or hitbtc

Arkann

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any exchange can be subject to a hacker attack or other bad influence that can happen on the cryptocurrency market. But the fact is that we cannot foresee everything and therefore we must still minimize the risk for the loss of our funds. Based on this, you need to choose only the highest-rated cryptocurrency exchangers, such as the Binance trading exchange. Until this time, I used bittrex, Hit btc and IDEX.

numanoid

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Quote from: kidoseagle0312 on August 23, 2019, 08:22:41 AM

For you not to be confuse on which of the exchange are good to trade in in terms of altcoins better for you
to check the top exchange at the coinmarketcap mate, because with this there's no reason for you to get worry about it.
and one of the good platform I could recommend to you are Coinbene, Huobi, Idax, Coinbene and Okex.

You mentionwd coinbene twice, why? Is that exchange better than others until you said it twice?

Quote from: zhekinsp on August 23, 2019, 01:36:54 PM

Quote from: DigitalAssetInvestor1 on August 23, 2019, 10:46:08 AM

I trade on ecxx. They are based in Singapore, are fully regulated, use ledger vault cold storage, and are backed by a 44 million dollar investment round.

Here is their ANN https://bitcointalksearch.org/topic/ann-ecxxcom-token-challenge-live-now-5092500

But do they really have any volume to complete the trades? because they were here for more than 8 months but still they didn't get into their 2nd page of ANN.

Better to use other known or old trusted exchange rather than risking your money on new exchange which seems unpopular on here

danherbias07

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What is scummy?
Binance is the best when it comes to volume.
Try Okex too and Kucoin if you are doubting Binance that much.

I think these three are the best ones that have a good volume to really trade and not just sell. Because that is what you need when you are to continue trading, you need popular ones.

ghermghuda

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and you think changelly hasn't received any scam accusations yet? I think you're new and you should stay safe and not just call anything scam. Read more about anything you see first. Moreover, different coins have different places they're trading at so just select the best amongst what you see them trading at.

TheBusstop

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There is No way you can be talking about alts without talking of exchanges. it is like talking about fiat money and banks. for you to exchange your altcoins, you need cryptocurrency exchanges. Binance is good, bittrex is superb. Kucoin is wonderful. bitmex, huobi, decoin exchange are all Good and does not requires KYC for withdrawal. the latest addition is that you can exchange with your bank depending on your location but such requires KYC.
Choice is yours.

Kasabus

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A lot of exchanges around depending on what coin we have to convert and of course, I'll be referred to a certain exchange that could give a satisfying price and low-cost transaction fees. But keep in mind that we have to see first its reputation before making trades to be sure that we are not a victim of scamming activities that are commonly happening nowadays.
We have to be careful...

Bitcoin Seller

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Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

It is strange to read something like that. Curious, why do you think that Binance resembles a scammer for you? This is the top-rated exchange, which is trusted. Many world-known huge companies work with it, not only the average traders. You can also try Huobi.
It has many altcoins and you can make really good pairs to make. Certainly, it is up to you, but these are reliable platforms.

Ucy

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Compare rates on different exchanges & swap.

Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

Depends on the coins you want to exchange. Have you tried Ethereum-based instant exchanges like
— Switchdex
https://switchdex.ag/

— Kyber.network (fees are quite low here)
https://kyber.network/

— Uniswap.io
https://uniswap.io/

Those are mostly decentralized exchanges.

✴ Non-ethereum based Instant Exchanges

— Blocktrades.us
https://blocktrades.us/

— SimpleSwap
https://www.simpleswap.io/

— Shapeshift
https://shapeshift.io/#/coins

Normal exchange:
— BitShares: https://bitshares.org/

zhekinsp

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Quote from: DigitalAssetInvestor1 on August 23, 2019, 10:46:08 AM

I trade on ecxx. They are based in Singapore, are fully regulated, use ledger vault cold storage, and are backed by a 44 million dollar investment round.

Here is their ANN https://bitcointalksearch.org/topic/ann-ecxxcom-token-challenge-live-now-5092500

But do they really have any volume to complete the trades? because they were here for more than 8 months but still they didn't get into their 2nd page of ANN.

RealMalatesta

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Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

You want to pay less and you are still complaining that binance is too scummy, so what exactly do you want and how do you think this crypto world can satisfy you. They too scummy but yet they are still servicing their clients right and users has never for one reason complain about them, the only challenge with have ever seen so far with binance was just that hacking of their exchange, but binance has never had a disrupted services, so if you want fee that is 0.1 percent which is still the lowest for now, then you better stick with that exchange that is too scummy.

Binance still needs people like you because they have too many spaces for large users than what they presently have. They are even still small in database compared to the database of Coinbase.

DigitalAssetInvestor1

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I trade on ecxx. They are based in Singapore, are fully regulated, use ledger vault cold storage, and are backed by a 44 million dollar investment round.

kidoseagle0312

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Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

For you not to be confuse on which of the exchange are good to trade in in terms of altcoins better for you
to check the top exchange at the coinmarketcap mate, because with this there's no reason for you to get worry about it.
and one of the good platform I could recommend to you are Coinbene, Huobi, Idax, Coinbene and Okex.

freedomgo

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Every exchange is not perfect, Binance could be scummy but we can't deny that it's the most popular exchange in the market right now.
If you are looking for big number of pairs and a good volume, Binance would answer that, but if you are afraid of your KYC to get leaked, you should look for another exchange, there's a lot of exchange in the list actually, try to find here https://coinmarketcap.com/rankings/exchanges/ and study carefully every exchange you like before consider using it.

mersal

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Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

Use binance to convert or exchange your altcoins because where you can get better price compared to anonymous exchanges like changelly and also trading fee is only about 0.1%.Can you let me know why you think binance is scammy?

maxreish

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Been using Binance until now for exchanging my altcoins. So far so good. But if you have doubt on it, you can try some alternatives like OKEX and Coinbase. Or if you are bothered by the fees.
Here, check it out my post.

https://bitcointalksearch.org/topic/m.52085000

It shows the comparison of the corresponding fees of different exchanges. If you are bothered with the recent hacking issues. Most of the exchanges experienced that. Binance took the responsibility and give back the hacked btc to the users who were affected.

Salauddin1994

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Quote from: btc_love on August 22, 2019, 10:55:30 AM

I'm a newbie trader and want to exchange my alts. All I know is binance and changelly. In my opinion, binance is too scummy. Changelly seems to be good but they take 0,25% fees and I want to pay less. Can you recommend me a good crypto exchange?

I don't agree with your point I think you're talking about Binance without knowing anything Here have been trading for a long time but still have not realized any problem think you need to know about Binance Because not only am i naive people advise in the corner to use it. I don't recommend Changelly.

You have any prof Binance is scummy so showing now, we want to see this!

Topic: Where is better to exchange alts? (Read 248 times)