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Topic: Which Bitcoin Exchange do you use and why ? - page 46. (Read 107048 times)

full member
Activity: 238
Merit: 100
I use Kraken, because I can. Meaning: I only trade w/ around 1 BTC at a time, and a feel like a huge whale at Kraken. Hopefully, more people will start trading there and volume will increase, but for my 1 BTC, it seems okay. Smiley

Kraken is only for crypto trading... right ? Do they allow FIAT ?

Kraken is a btc exchange, and you can buy/sell btc for USD and EUR.
https://www.kraken.com/help/faq#deposits-and-withdrawals

You can trade BTC against fiat at Kraken, but before getting too excited, be aware that liquidity and volume is extremely low. I found that there was too much slippage for me to trade there. I like the platform, though.
full member
Activity: 231
Merit: 100
Btc-e
hero member
Activity: 577
Merit: 504
I use Kraken, because I can. Meaning: I only trade w/ around 1 BTC at a time, and a feel like a huge whale at Kraken. Hopefully, more people will start trading there and volume will increase, but for my 1 BTC, it seems okay. Smiley

Kraken is only for crypto trading... right ? Do they allow FIAT ?

Kraken is a btc exchange, and you can buy/sell btc for USD and EUR.
https://www.kraken.com/help/faq#deposits-and-withdrawals
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
I use Kraken, because I can. Meaning: I only trade w/ around 1 BTC at a time, and a feel like a huge whale at Kraken. Hopefully, more people will start trading there and volume will increase, but for my 1 BTC, it seems okay. Smiley

Kraken is only for crypto trading... right ? Do they allow FIAT ?
sr. member
Activity: 430
Merit: 250
Agent of Chaos
I use Kraken, because I can. Meaning: I only trade w/ around 1 BTC at a time, and a feel like a huge whale at Kraken. Hopefully, more people will start trading there and volume will increase, but for my 1 BTC, it seems okay. Smiley
sr. member
Activity: 476
Merit: 250
btc-e is the best. they have always been very professional, and do right by their customers. when that spike down to 100~ happened in the Gox flash crash, bitfinex rolled back trades to protect liquidity providers. btc-e did not, and did right by their traders.

I agree that BTCE is good in the scheme of available exchanges. I did run into an issue with them, though. I wired in a couple thousand bucks and they didn't credit it. And since their customer service DOES NOT speak very good English, it was painful and took over a week to get it sorted out.
sr. member
Activity: 479
Merit: 500
btc-e is the best. they have always been very professional, and do right by their customers. when that spike down to 100~ happened in the Gox flash crash, bitfinex rolled back trades to protect liquidity providers. btc-e did not, and did right by their traders.
hero member
Activity: 532
Merit: 500
Indeed you have mentioned that in page 1 in this thread, and people have already pointed out it is not true.

That is just not true. Those were just wild and baseless rumors spread by the Mt Gox people. BTC-E has never been hacked so far in its existence and remains as the most secure exchange.

What about this post made by btc-e.com regarding to abnormal BTC/USD trade on Jul 31, 2012?
https://bitcointalksearch.org/topic/m.1067106

This is a hack.!

You may read a few posts down there to see btc-e have refunded those affected though. Smiley
legendary
Activity: 1036
Merit: 1000
Thug for life!
I don't really use exchanges. I buy on Local Bitcoins with cash and sell on Local Bitcoins for cash in a rally. No paper trails, just cold, hard cash. But it also means I don't trade the day-to-day moves.
hero member
Activity: 700
Merit: 500
Virtex if only because it is the first exchange I used
That said I do take delight in that new exchanges are coming out in Canada and that there will be more possible competition
Not a big fan of the fees there although I admit it is stable and offers more services quick banking debit cards etc.
legendary
Activity: 3766
Merit: 1217
Indeed you have mentioned that in page 1 in this thread, and people have already pointed out it is not true.

That is just not true. Those were just wild and baseless rumors spread by the Mt Gox people. BTC-E has never been hacked so far in its existence and remains as the most secure exchange.
hero member
Activity: 532
Merit: 500
bitstamp and btc e looks safe, but no one is hackproof,
so, never leave big amounts on the exchanges  Wink

BTC-E has been around for almost 2 years now, and they have never been hacked. (The owners themselves are some very good hackers.  Grin).

Indeed you have mentioned that in page 1 in this thread, and people have already pointed out it is not true.
BTC-E is the best. Here are the reasons:
...
6. Never been hacked or DDoSed.

Not sure if it has been hacked, but it definitely has been ddos'ed quite often.
For example, http://www.coindesk.com/btc-e-online-following-ddos-attack/

Btc-e got hacked in 2012 and they lost around 4500 btc, which they covered from their own pockets. Localbitcoins was hacked recently, with people who had coins stored on their localbtc wallets reporting they got robbed. Every exchange can and will get hacked. Even giant corporations and governments systems get hacked frequently.
legendary
Activity: 3766
Merit: 1217
bitstamp and btc e looks safe, but no one is hackproof,
so, never leave big amounts on the exchanges  Wink

BTC-E has been around for almost 2 years now, and they have never been hacked. (The owners themselves are some very good hackers.  Grin). Bitstamp is a bit new, but their security measures are much better than the other exchanges. That said, no one should store their coins in exchange sites. Exchanges are used mainly for trading your coins, and not for storing them.
hero member
Activity: 532
Merit: 500
I have used btce for more than half a year now, and it works great. Smiley
hero member
Activity: 728
Merit: 500
Crypto-ideologist
bitstamp and btc e looks safe, but no one is hackproof,
so, never leave big amounts on the exchanges  Wink
member
Activity: 96
Merit: 25
I am using https://exch.cc daily and hadn't any problem ever, always instant exchange
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
I once used https://www.xmlgold.eu/ and egopay to sell 10$ of BTC

This might not be a way to buy/sell bitcoin in bulk but the registration process is really fast, there is no verification needed by one of the two websites, it's fully anonymous and the transactions are near instant. I think that xml also have an active account in this forum to help users.
hero member
Activity: 612
Merit: 500
I personally used BitStamp. European based, it's pretty fast and has acceptable fees. Also the fact that it's an estabilished service.
Lately however I do  mostly local trades, face2face.
i thought bitstamp is located in north america Grin

Bitstamp was originally based in Slovenia and is now based in UK.

https://www.bitstamp.net/article/press-release-bitstamp-introduces-volume-discount-/
Quote
About Bitstamp:
Bitstamp provides secure platform for exchanging bitcoins. Bitstamp has been serving Europe and the world since August 2011. The service continues be actively developed and improved. Bitstamp.net is service of Bitstamp d.o.o., established in Slovenia, EU.

https://www.bitstamp.net/about_us/
Quote
Bitstamp Ltd.

5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom
hero member
Activity: 798
Merit: 1000
https://anxbtc.com just went up a lot in volume (http://www.bitcoinity.org/markets/list?currency=ALL&span=24h).
Their KYC policy states no need for verification if people don't do transactions in fiat.
But this isn't clear if refers only to deposit/withdraw in fiat or someone depositing bitcoins and trading it for fiat, but only withdrawing in bitcoin or another alt coin, must also verify.


ANXPRO here again. We have changed it, all trading is now available without verification. Verification will only be needed if you deposit/withdraw fiat. Also, please note that our 0% Trading Fee promotion will end on 1st June.
hero member
Activity: 644
Merit: 500
I personally used BitStamp. European based, it's pretty fast and has acceptable fees. Also the fact that it's an estabilished service.
Lately however I do  mostly local trades, face2face.
i thought bitstamp is located in north america Grin

I tried to trade a little on cryptsy and realised that this  is the shittiest site for exchange. They literally stole all of my money deposited there! Please do not trust CRYPTSY!
BR
are you sure they stole your coin?
that was a serious case like cryptorush did before
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