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Topic: Which bitcoin exchange do you use - page 5. (Read 20343 times)

hero member
Activity: 1666
Merit: 629
March 31, 2019, 05:35:12 AM
I use several different services because it is hard to use only one service and is not good in terms of investment diversity. Instead of specifying why I prefer them with long long sentences, I want to sort the item matter all of them.
Binance: I use it because it has the highest transaction volume and the highest quality service in the market.
Kucoin: I use it because they have reached a very successful position especially after the last update and they give importance to customer support.
Switcheo: The most successful Dex service I use is itself. I use low transaction commissions because of fast processing and successful volume.
Bitmax: I started using it in the last week. I use it because the transaction volume is high and there are nice arbitrage opportunities.
hero member
Activity: 3010
Merit: 666
March 30, 2019, 08:22:17 PM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

Yes, binance. I think at this moment binance is the top class market place for bitcoin or other altcoin too. They have unique system and various tools to trade which very much easy to learn beginners. In my opinion they have also good security system that make you unworried for your coin. You can also BitForex or OKEx if you want. Wink
They need to, with good security, they can maintain their good reputation.
A lot of option for traders in case Binance will loss it's reputation but they won't allow that to happen as they will surely loss a big money and will be hard for them to recover and come back at their current standing now.
full member
Activity: 994
Merit: 101
March 30, 2019, 11:45:36 AM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

Yes, binance. I think at this moment binance is the top class market place for bitcoin or other altcoin too. They have unique system and various tools to trade which very much easy to learn beginners. In my opinion they have also good security system that make you unworried for your coin. You can also BitForex or OKEx if you want. Wink
hero member
Activity: 2702
Merit: 672
I don't request loans~
March 30, 2019, 06:11:31 AM
It depends on the particular coin that I want to buy per time .
Nevertheless, I prefer using binance because of it's user friendly interface.
I usually get the attention of binance angels whenever I have an issue faster .

Up to 80% of all Binance users enjoy using this exchange and they have very good security on their platform. I believe that choosing a good exchange is extremely important because recently 2 exchanges Cryptopia , Coinbene is being attacked by hackers and this is very bad for investors. I personally advise people to consider carefully before participating in any exchange because they all have risks
Binance is really a great exchange for all, maybe, but not for those who is old in cryptocurrency. I guess some oldies here do not prefer binance at all, its like binance is their 3rd or 5th option. Me, i can use all of exchange as long as it has the same UI with my preferred exchange. Also the history of the exchange having an attacks, it is a great factor to choose.
full member
Activity: 504
Merit: 100
March 29, 2019, 04:51:46 PM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

Choose some exchange platforms that in good condition that crowd always pick of it. Most of them need a real volume of bitcoin that can buy and sell some and legit like binance also.
Of course, if users of cryptocurrency are engaged only in trade, then the final winter needs to choose the most advantageous in terms of functionality and trading conditions of the exchange, But if this person still participates in companies for a fee, then he will have to register on almost all trading platforms where there can be very rare tokens.
sr. member
Activity: 1204
Merit: 272
1xbit.com
March 29, 2019, 11:38:45 AM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

Listen dude, i can suggest you that always go for trusted sites.
They always keep your funds safe and always are reliable and trustworthy.
I can suggest you to use Binance of Bittrex if you are interested to join any.
They are the best available now in the market and are trending.
Hope you got your answer and invest your coins wisely.
hero member
Activity: 1386
Merit: 503
March 29, 2019, 11:33:31 AM
Bitcoin exchange i use is Indodax and Bittrex. Indodax is an Indonesian exchange market. of course, this market is needed KYC to trade Fiat currency pairs. The reason for Bittrex is because I've joined Bittrex for a long time and I can't move from this market.
Well, sometimes I use Binance too but not too often.
jr. member
Activity: 68
Merit: 6
March 29, 2019, 10:25:29 AM
My personal favorite is Kraken. I know they had fare share of their issues, but I like them being quite transparent. Also tried Poloniex and Binance. I did not like Poloniex at all, and Binance is okay due to the fact that they have bunch of altcoin trading pairs.
We have different comfort as a trader, I personally like Binance, I tried to sign up with Kraken and it's a bit complicated for me, and they require KYC.
In binance, you can make accounts anytime you like and you can do that even without KYC, I can even make Binance accounts for the entire family.

Not having KYC is what makes me worrisome of Binance. The more regulated exchange is the less likely it's going to experience QuadrigaCX faith. Kraken is being audited by third-party auditors to ensure the security of the platform as well as ensure that finance part is there.

That is my two cents on this topic.
full member
Activity: 1218
Merit: 112
March 29, 2019, 09:04:16 AM
For the last one year's, i have been using Binance, its user-interface is very easy to use and i am very much satisfied with it. It is one of the top exchange out there now leaving others behind.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
March 29, 2019, 07:37:39 AM
It depends on the particular coin that I want to buy per time .
Nevertheless, I prefer using binance because of it's user friendly interface.
I usually get the attention of binance angels whenever I have an issue faster .

Up to 80% of all Binance users enjoy using this exchange and they have very good security on their platform. I believe that choosing a good exchange is extremely important because recently 2 exchanges Cryptopia , Coinbene is being attacked by hackers and this is very bad for investors. I personally advise people to consider carefully before participating in any exchange because they all have risks
hero member
Activity: 1302
Merit: 540
March 29, 2019, 04:57:31 AM
My personal favorite is Kraken. I know they had fare share of their issues, but I like them being quite transparent. Also tried Poloniex and Binance. I did not like Poloniex at all, and Binance is okay due to the fact that they have bunch of altcoin trading pairs.
We have different comfort as a trader, I personally like Binance, I tried to sign up with Kraken and it's a bit complicated for me, and they require KYC.
In binance, you can make accounts anytime you like and you can do that even without KYC, I can even make Binance accounts for the entire family.
Which is right, we do have our own position in terms of our convenient and favorite trusted exchange, as we go further what is best is  we able to materialized what we intended to do, as long as we can do the trade that we want and we able to gained our profits, executions of both entry and
exit would be much appreciated whatever exchange we sets our assets.

Binance is really making its way and being well appreciated by many traders around.
newbie
Activity: 10
Merit: 0
March 29, 2019, 04:22:24 AM
I've always been a Binance guy but recently been using Prime XBT to trade with leverage as a way to keep profiting in the sideways market.  They only launched early this year and already average around $100M in 24-hour trading volume and increasing.  

I still rate Binance as the best exchange for more volatile markets and bull runs, but over time have learned the benefits using different trading platforms for different strategies and PrimeXBT is ideal for bear and flat trending markets with the possibility to trade short and use up to 100x leverage to magnify small price actions.

Binance fees are very low at 0.1% on all trades and discounts further 25% off if you use the native BNB coin. Primexbt fees are even lower at only 0.05% on all trades and available assets - but keep in mind this fee is applied to the price after leverage has increased the position size. Still awesome though, because if you were making the same size trade on a standard exchange you would incur the same or more commission fees but with far more capital on the line.  
hero member
Activity: 2982
Merit: 610
March 29, 2019, 04:01:46 AM
My personal favorite is Kraken. I know they had fare share of their issues, but I like them being quite transparent. Also tried Poloniex and Binance. I did not like Poloniex at all, and Binance is okay due to the fact that they have bunch of altcoin trading pairs.
We have different comfort as a trader, I personally like Binance, I tried to sign up with Kraken and it's a bit complicated for me, and they require KYC.
In binance, you can make accounts anytime you like and you can do that even without KYC, I can even make Binance accounts for the entire family.
jr. member
Activity: 68
Merit: 6
March 28, 2019, 09:28:21 PM
My personal favorite is Kraken. I know they had fare share of their issues, but I like them being quite transparent. Also tried Poloniex and Binance. I did not like Poloniex at all, and Binance is okay due to the fact that they have bunch of altcoin trading pairs.
hero member
Activity: 2828
Merit: 611
March 28, 2019, 04:09:15 PM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

It has been Binance all the way since i joined the cryptocurrency. Many exchanges but different services rendered, Binance has given me more experience than any other exchanges and i stick to their services till date. Coinbase which was called the most easiest and simplest exchange to use turned out to blocked my account for no reason reasonable enough to be considered.
They blocked your account with funds in it? Did you contact their service team for what reason they had blocked you?

Bianance is better as you said but using a CEX will always make our funds in intot be risk so we don't have to keep our funds in it for long time.
Binance is a good exchange and I have not seen too much complaint about them. I started with coinbase, that's a normal thing for most newbies, lol. And I can also say that coinbase is a good one, the only problem I was having with them then was on difficulties in logging into my account. Their login is different from other exchange and sometimes it gets quite irritating, but I know they are doing all that to keep their customers accounts safe.

As for Bitfinex, they are not completely shutting down, their announcement on August 2017 is that they are exciting the American market because of the harsh legislation and regulatory environment. Still, I feel Coinbase is a very good exchange and that's if your don't mind the fees that are being charged. If you can cope with it then it will be a better option and their platform is secured, never been an issue with them.
sr. member
Activity: 1526
Merit: 251
March 26, 2019, 12:22:22 PM
It depends on the particular coin that I want to buy per time .
Nevertheless, I prefer using binance because of it's user friendly interface.
I usually get the attention of binance angels whenever I have an issue faster .

binence service is indeed very good, and that is what makes it one of the most favorite markets today, plus a large trading volume in the market, of course, making binance the main goal of world traders.
copper member
Activity: 84
Merit: 1
Atronocom
March 26, 2019, 12:01:14 PM
It depends on the particular coin that I want to buy per time .
Nevertheless, I prefer using binance because of it's user friendly interface.
I usually get the attention of binance angels whenever I have an issue faster .
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
March 26, 2019, 11:01:05 AM
With bitfinx shutting down its service and coinbase being priced very high which other service do you use?

It has been Binance all the way since i joined the cryptocurrency. Many exchanges but different services rendered, Binance has given me more experience than any other exchanges and i stick to their services till date. Coinbase which was called the most easiest and simplest exchange to use turned out to blocked my account for no reason reasonable enough to be considered.
They blocked your account with funds in it? Did you contact their service team for what reason they had blocked you?

Bianance is better as you said but using a CEX will always make our funds in intot be risk so we don't have to keep our funds in it for long time.
I had funds in my account which amounted to 120$. With their support, i had to complete their KYC before they were able to unlock my account for withdraw. I have since quit to use the said Exchange, basically i moved my funds to Binance for now, because no Exchange is actually working toward a full decentralize platform.
member
Activity: 504
Merit: 11
March 26, 2019, 10:42:42 AM
you can use bittrex exchange, I have been trading there for more than 2 years for altcoin trending and also for selling my bitcoin to usd
full member
Activity: 467
Merit: 100
DIA | Data infrastructure for DeFi
March 26, 2019, 06:39:37 AM
I use exchange livecoin, because in my opinion so far the cost of livecoin fees is cheaper than yobit, yesterday I just pulled doge coin with a fee of only 2 doge. Very cheap.
I do not encourage you to use this exchange because its trading volume is very low and may make you lose money quickly. My advice is to prioritize only large exchanges because it is really good for investors and will ensure your assets are the safest. You may not agree with me but I have encountered a lot of big problems happening in the Livecoin exchange and have lost a huge amount of money.
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