I'd have to say Coinbase for the newest of noobs, Binance for the intermediate trader and BitMEX or FTX for the absolute most advanced or experienced traders.
Anybody looking to try their hand at derivatives trading for the first time might also want to take a look at Koinpro.com, it's one of the simplest ones I've tried but doesn't have a huge range of options.
Beyond that, Bitfinex also has a good range of features for all experience levels.
Topic: Which 3 exchanges would you recommend? (Read 307 times)
I can't recommend a single exchange!
I used to trade with LocalBitcoins, bitcoin.de and Kraken, but their conditions have changed, more KYC, and all for the worse.
Since I'm not planning to sell any BTC before it's more than $20,000, there's no hurry.
To newbies, I can only recommend to go to the exchange with the cheapest fees to send or receive bank wires.
I used to trade with LocalBitcoins, bitcoin.de and Kraken, but their conditions have changed, more KYC, and all for the worse.
Since I'm not planning to sell any BTC before it's more than $20,000, there's no hurry.
To newbies, I can only recommend to go to the exchange with the cheapest fees to send or receive bank wires.
I have Kucoin and Yobit right now, these two has no report of getting hacked Kucoin has proven their track records for the last three years and Yobit because I am very active on forum that they are promoting and Yobit is where I got my earnings from posting on Crypttalk and so far they never miss paying me.
Yobit is one of the shadiest to me, misleading their users to buy a shit coin. They create stupid currency and give it the same currency code as another popular and real altcoin. Buyers buy it thinking they're buying the real coin while it's not the case.
Icoin is created with the currency code ICN, people buy thinking they're buying Iconomi
Boats and Bitches is created with the currency code BNB people buy thinking they're buying Iconomi Binance Coin
More example could be given
Wallets in maintenance for an eternity, randomly blocking users, ....
No idea why people still trust this platform
As far it concerns Yobit, they do this from the day that tokens created. A lot of people lost money following their so-called ICO/ IEO/ Pump crap of them. They continue to do it and nothing seems to stop them. People continue to trade and try to be rich in a millisecond...
To those who feel too lazy to read the article, 3 exchanges sites which OP suggested are Kucoin, Coinbase and Bittrex
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
I have Kucoin and Yobit right now, these two has no report of getting hacked Kucoin has proven their track records for the last three years and Yobit because I am very active on forum that they are promoting and Yobit is where I got my earnings from posting on Crypttalk and so far they never miss paying me.
Yobit is one of the shadiest to me, misleading their users to buy a shit coin. They create stupid currency and give it the same currency code as another popular and real altcoin. Buyers buy it thinking they're buying the real coin while it's not the case.
Icoin is created with the currency code ICN, people buy thinking they're buying Iconomi
Boats and Bitches is created with the currency code BNB people buy thinking they're buying Iconomi Binance Coin
More example could be given
Wallets in maintenance for an eternity, randomly blocking users, ....
No idea why people still trust this platform
To those who feel too lazy to read the article, 3 exchanges sites which OP suggested are Kucoin, Coinbase and Bittrex
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
I have Kucoin and Yobit right now, these two has no report of getting hacked Kucoin has proven their track records for the last three years and Yobit because I am very active on forum that they are promoting and Yobit is where I got my earnings from posting on Crypttalk and so far they never miss paying me.
IMO.. The 3 best global exchanges at the moment are Binance, Kucoin, and OkeX. I am more active in Binance because the coins that are there are very reliable and the pair is very much when compared to other exchanges.
Well, every trader has their own exchange preferences. I mean the preferences apart from all basic tools, instruments, no KYC, good tech support, and high security. For example, I just can’t stand the terrible design of Coinbase. It just disturbs my eyes. On the other hand, we have Bittrex and Basefex with good and intuitive design among other great features.
Missing binance on the best exchange?
he's probably only considering USA-friendly exchanges. kucoin, coinbase, and bittrex all welcome USA customers. binance does not.
i can't reach coinbase pro's upper maker fee tiers so it's no longer my top choice. it's probably the most expensive exchange in the world now. kucoin has the opposite problem---super low fees but liquidity is lacking. the BTC/USDT market on kucoin is good enough for me but i'd really prefer to trade a safer stablecoin/fiat base pair like USDC.
Binance is given, I wouldn't pick even the other two if that wasn't the question, I prefer binance over all other exchanges because they are both great at what they are doing, they have insane good security and whenever they got hacked they paid the customers first and took the hit themselves, they are always improving, they are adding new features and they are expanding to other nations as well for the fiat integration.
However, if I had to pick two other places I see kucoin as one of the best going around in the altcoin world right now and they do have a decent popularity and I would add coinbase on top of that because they are legally speaking one of the best ones out there with them being a legit company based in USA paying taxes and all that.
However, if I had to pick two other places I see kucoin as one of the best going around in the altcoin world right now and they do have a decent popularity and I would add coinbase on top of that because they are legally speaking one of the best ones out there with them being a legit company based in USA paying taxes and all that.
To those who feel too lazy to read the article, 3 exchanges sites which OP suggested are Kucoin, Coinbase and Bittrex
All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
Same with you, I will also go with the Binance exchange. This exchange is one of the great trading platforms that I have used and aside from having great coins that now belong to the good coins in the market and many members here have their account in Binance exchange. I do not have an account in Poloniex but I have some experience in using Forkdelta and it just like Etherdelta which you need to import your private key. All of them are good exchanges, but if you are asking about my personal opinion, i would go for Binance, Poloniex and Forkdelta as the 3 best exchange site
Hi Everyone!
I hope we're all having a great week.
I just published a quick article sharing the 3 exchanges I would recommend for any crypto trader getting into the market. What do you think? Which exchanges would you recommend to new crypto traders?
The 3 Exchanges For Every Crypto Trader In 2020
Looking forward to hearing your thoughts!
I hope we're all having a great week.
I just published a quick article sharing the 3 exchanges I would recommend for any crypto trader getting into the market. What do you think? Which exchanges would you recommend to new crypto traders?
The 3 Exchanges For Every Crypto Trader In 2020
Looking forward to hearing your thoughts!
Hard to pick best ones for everyone as you have limitations based on location. Some Chinese exchanges are limited for them only, and Americans should stick to their own etc etc. Taxes, KYC and many other things which you need to tailor for yourself while picking an exchange. Besides of these limitations you should be simply looking at whatever suited you personally.
I would like to pick out two from your three exchanges, I think both Binance and Bittrex are very potential and user-friendly exchanges for many purposes, the most important thing is the security for myself, that's why I always depend on Binance and Bittrex, except these two exchanges, I will recommend you for Coinbase, I think this is the best exchange on the current situation, for holding or storing your coin, Coinbase is renowned for this aspect, but I haven't used Kucoin so I don't have any observation towards this exchange, so I would like to recommend Coinbase, Binance, and Bittrex for the better exchange facilities.
Trading is a art of life u know, I have lot of experience in trading platform. The best 3 Exchange are kucoin,binance, and coinex.com. these are world's best Exchanges.
I would recommend Kraken, KuCoin and CoinDeal. First two are the platforms which I had been using some time ago for a long time. But now I recommend especially CoinDeal because of its fast development. There are a lot of special initiatives for their users like for example CDL Tokens which could lower your fees. Moreover, deposits in some currencies are free of charge.
Local exchanges(1) are still important because the transaction process can be linked to a bank account with steps that are easy to understand. Kucoin(2) & binance(3) are also still favorites like the average comments here. For derivative trading, new traders can try deribit(+) that offer a simpler platform, and for DEX, can start from BinanceDex(+).
Those are good choice in my opinion.
But I also have my own list, just not that interested into making an article just like you did.
Binance, Okex and Kucoin. You got one of my most trusted exchange though.
Never have tried Coinbase yet.
Mostly Binance because I have BNB on my account and that makes it cheap every time I trade.
But I also have my own list, just not that interested into making an article just like you did.
Binance, Okex and Kucoin. You got one of my most trusted exchange though.
Never have tried Coinbase yet.
Mostly Binance because I have BNB on my account and that makes it cheap every time I trade.
interesting article, but unfortunately I have long left Bittrex since 2016, there are many pump and dump groups there so I decided to move to binance because the trading volume is always high making me interested to trade there, the rest I also used to play on the dex exchange like forkdelta and binance.org, but that doesn't mean what the OP recommends in the article is not good and safe, I've tried all three exchanges and all of them are quite safe
I don't know why you included Bittrex in the mix, I think they are slowly getting fewer customers, based on what I see on the CMC website.
The idea of having different exchanges would be beneficial if you have a lot of capital, and you want to spread on the risk you are making. We all know that when you spread your investments, it would benefit you if someone were to hack a particular exchange, and you get to keep 2/3 of your capital (if you have 3 exchanges).
I would definitely include Deribit with the margin trading, you could take advantage of the long and short of the market, but I wouldn't suggest it to newbies though. It would be beneficial if you were to understand trading with the use of an automated cryptocurrency bot like Gunbot.
Because Bittrex is a great company, although I'm a user with no sympathy for most exchanges in the United States, Bittrex is an exception. I like the way they work. Clarity and transparency are the best factors that Bittrex has kept. The idea of having different exchanges would be beneficial if you have a lot of capital, and you want to spread on the risk you are making. We all know that when you spread your investments, it would benefit you if someone were to hack a particular exchange, and you get to keep 2/3 of your capital (if you have 3 exchanges).
I would definitely include Deribit with the margin trading, you could take advantage of the long and short of the market, but I wouldn't suggest it to newbies though. It would be beneficial if you were to understand trading with the use of an automated cryptocurrency bot like Gunbot.
Bittrex is also has a friendly support team. Not like Poloniex, I have waited more than 3 months just to got a reply about my KYC process. And they didn't apologize to me for the time they locked up my property while Bittrex did that. (;¬_¬)
When it comes to Exchanges then i do only make use of 2 which is Binance and Kucoin.I havent tend to go back on using Poloniex due to some issues
but i might reconsider on using them up since they already separated with Circle and they might able to pull off again their previous glory days.
As far as i observed where most people do prefer on using Binance yet we know on which one is popular and been mainly used as of this moment.
but i might reconsider on using them up since they already separated with Circle and they might able to pull off again their previous glory days.
As far as i observed where most people do prefer on using Binance yet we know on which one is popular and been mainly used as of this moment.
There should be list included in this post anyway I sometimes use Kucoin depending on my mood and if not listed in Binance. We all have objectives on why we use it. Over all Bittrex, Kucoin and Binance were all good just don't forget to secure our accounts. I will recommend Binance still, but among those in OP list I guest I'll choose Kucoin.
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