Which exchange do you use??? - page 2.

chaser15

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Quote from: badjacks99 on February 28, 2021, 05:01:29 PM

I found one a few weeks ago that seems to be pretty good, its called bitmart.Seems to have alot of coins I was/am after. Pretty easy to get fully verified and off to the races.

I second about Bitmart, well not biased but based on my experience. I just recently got aware that one of my hold coins for years got listed on that exchange. Since the price was decent, high gas fees can be covered so I did try to sign up disregarding possible risk since I have no choice in the first place. If I can withdraw it then good and if not, it's fine. The whole process is smooth so I can say they are good.

But the only downside is, (not actually a downside but for those who don't want KYC), it needs KYC for withdrawals. I comply on the Intermediate level and the process was fast.

pragna

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Quote from: Ayub83 on February 20, 2021, 07:37:23 AM

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???

Actually here all the exchanges are good for trading but binance is best ever. Now which coin you want to trade and where that coin are in trading that is important. Suppose you selected a coin that will be benefited for you and you try to trade in binance but that coin are out of binance. So coin listing is important in first than select best exchange.

Ultegra134

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Quote from: AmoreJaz on February 24, 2021, 06:52:08 PM

Quote from: ningrum on February 24, 2021, 05:42:18 PM

My advice is just one exchange to start trading, like Binance or Huobi, because that way your assets will be easy to manage,
especially if you choose Binance, of course your assets will be safe there, because CZ always says SAFU !,
but if you keep it On various exchanges like Kucoin or OKEX, I can't imagine if a problem occurs and you will definitely be confused,
one exchange will make you comfortable, I'm sure of that.

for beginner in crypto, it is better to stay in one exchange and learn the ins and outs. i would say Binance also, as you said, they have SAFU, which pretty much gives you peace of mind when it comes to safety of your funds. once you get the grasp of crypto trading, you can go to other reputable exchanges and check how they are doing things also.
because in time, you will noticed that not all coins or tokens are being traded with binance and you need to go to other trading platforms to trade it with.

I agree, I stand against being present on many exchanges, you have to choose one that suits your needs regarding verification, withdrawal and deposit fees and more importantly, trading fees. I started out on Bitstamp, which has a 0.5% fee per trade. As a result, I spend a decent amount of my trading just in fees I could have avoided if I had chosen Binance for instance.

badjacks99

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I found one a few weeks ago that seems to be pretty good, its called bitmart.Seems to have alot of coins I was/am after. Pretty easy to get fully verified and off to the races. These days there seem to be alot of good selections when it comes to exchanges, find the safest most secure ones, best fees then it comes down to preference. I think its best to have a few different ones ready at any given moment incase a new opportunity pops up.

Rasel5209

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Quote from: Ayub83 on February 20, 2021, 07:37:23 AM

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???

I don't uses any listed exchange. I find some coin that price can be Increase than i start to find which exchange have this coin.

FinneysTrueVision

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Activity: 1680

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Top Crypto Casino

Binance was my first choice when you were able to use it without KYC in the United States. I really haven't needed to use a centralized exchange in a long time. If I need to exchange an altcoin for BTC or vice versa I just use an instant exchanger like Sideshift or Simpleswap. For random ERC-20 tokens that aren't on any traditional exchange then Uniswap is a good option.

AmoreJaz

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Quote from: ningrum on February 24, 2021, 05:42:18 PM

My advice is just one exchange to start trading, like Binance or Huobi, because that way your assets will be easy to manage,
especially if you choose Binance, of course your assets will be safe there, because CZ always says SAFU !,
but if you keep it On various exchanges like Kucoin or OKEX, I can't imagine if a problem occurs and you will definitely be confused,
one exchange will make you comfortable, I'm sure of that.

for beginner in crypto, it is better to stay in one exchange and learn the ins and outs. i would say Binance also, as you said, they have SAFU, which pretty much gives you peace of mind when it comes to safety of your funds. once you get the grasp of crypto trading, you can go to other reputable exchanges and check how they are doing things also.
because in time, you will noticed that not all coins or tokens are being traded with binance and you need to go to other trading platforms to trade it with.

ningrum

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My advice is just one exchange to start trading, like Binance or Huobi, because that way your assets will be easy to manage,
especially if you choose Binance, of course your assets will be safe there, because CZ always says SAFU !,
but if you keep it On various exchanges like Kucoin or OKEX, I can't imagine if a problem occurs and you will definitely be confused,
one exchange will make you comfortable, I'm sure of that.

Ultegra134

hero member

Activity: 1680

Merit: 845

Quote from: nelson4lov on February 20, 2021, 12:27:02 PM

Quote from: Ayub83 on February 20, 2021, 07:37:23 AM

~~
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???

Like you, I'm a big fan of Binance as well abd haven't had any issue with the exchange in the last 2-3 years. Aside from the occasional outages and maintenance especially at times when there's an increased volatility in market prices, I haven't had problems with binance. I'd like to point out that it sucks when these outages happen because I can't close out my positions and get presented with liquidation notices. That's one area binance has fallen short in recent times. I'm currently considering trying out a new exchange, possibly Houbi. Not because Binance is bad because I heard there are other promising projects that are listed there which aren't available on binance. So I just want to take advantage of it.

Btw, you forgot to mention ftx. It's a good exchange and with zero withdrawal fees which can save users a lot of money.

Those are the exact reasons I've actually moved some of my money to Binance. The fees are quite low, thus you can save quite a lot of money in the long term. Currently, my main Exchange is Bitstamp, the fees there are outrageous for the average user/trader (0.5%). I was actually shocked to see how much I've spent on trading fees.

I've also used Kraken in the past, which isn't bad at all, the fees are alright. However, I'm not really fond of the layout, plus they often have downtime on bull market incidents.

asus09

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Activity: 1344

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I use many exchange exactly as bounty participant we need create almost exchange account because many coins list with different exchange market, maybe if you joined with AMEPAY signature campaign you need create Bithumb Global exchange market and MXC exchange, I think not only have create with one account exchange market, but for trading keep using Binance because have many coins listing there.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Like many, I use Binance, previously I liked Bitfinex more, but they have very high fees, Binance has more options for clients, although the fee for withdrawals for Bitcoin is still somewhat high.

Innerpumper

member

Activity: 1021

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already very comfortable with binance. I keep a great asset dibinance. Lately I also trade in some AMM exchanges such as pancakes and julswap. It was so much fun and they have a cheap cost at the moment.

marilynmanson21

hero member

Activity: 1260

Merit: 510

i only use Binance and also Huobi, both exchanges are big exchanges and have a high level of security, very few issues occur on these two exchanges, liquidity is also the reason I chose huobi and binance, because the higher the liquidity the exchange has, the execution of buy orders and sell orders is very fast. For other options maybe Okex, but I don't really like Okex because there are not too many traders trading there, it's still better than huobi and binance.

Sayeds56

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Quote from: ultrloa on February 21, 2021, 06:46:35 AM

Quote from: Ayub83 on February 20, 2021, 07:37:23 AM

I really excited to know in which exchange you use for your tradding.Top are given below.
1. Binance
2.Okex
3. Huobi
4. Kucoin
5.Gate.io etc
I always use Binance as i have many useful tool found here. I have many pair to trade there and leverage trade as well. However you may choose other exchang. Wanna know yours???

You will always read Binance as their first option since its truly good exchange since you can used futures and spot trade there, also they are tested especially when hacking since there's no any huge harm happen to their users account and balances since binance really do a good job when that scene happened on them.

Also I like what's happening on BNB or in other related to them since all is in good place and there future plans is so promising since there CEO is so intelligent.

Binance has made very impressive and Tremendous progress during the past years and achieved status of One of the Leading Exchanges of the world. This is reflected in price growth of BNB. Most of new projects are using Binance chain to create new projects that is the major reason of Price escalation of BNB coin which has gone up many folds in few months.

Ridwan Fauzi

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Merit: 147

I only use one exchange for my daily trade and actually I don't need a lot of exchange for trading because if you have more than one exchange account and you just move one to another exchange I think it is not worth anymore. Since the fee for transaction is already high you can spend a lot of money to pay every transaction that you made. Especially, if you are an arbitrage investors, you have to consider the fee for transaction as well. So, I just choose one strategy, yeah I only choose trading short term so far and I only choose one exchange i.e binance.

sayaya17

sr. member

Activity: 1638

Merit: 255

I also use the same exchange as OP, but there are many more exchanges that I use besides the list that OP provides. I use Yobit, bittrex, poloniex
and there are still some other exchanges. Of course of all the exchanges I used, there was a terrible experience. So at the moment I use exchanges
that can really make my money and assets safe. But until recently I was also open to studying exchanges, which I had never used.

vintages

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If you had searched the forum, this topic has been discussed a lot. From there, you could have gotten a statistical answer.
That been said, a majority of people here are using Binance here. For me, it's all about its many features. And recently I am loving their p2p feature.

AakZaki

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Quote from: repear7 on February 21, 2021, 11:40:58 AM

Actually i like binance. But recently i started trading on probit and mxc. The reason is all my favorite coins not listed on binance. I always prefer binance as number one exchange but, i also use other exchanges for deferent currency.

That's a good reason. use binance for major exchanges and other exchanges are used only for favorite coins. Binance already has a lot of favorite coins listed and that's growing. New coins that have good potential will be listed directly on Binance.
I am also part of binance and become an official partner of p2p binance. Binance exchange number 1 and the best at the moment.

TastyChillySauce00

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Leading Crypto Sports Betting & Casino Platform

Never stay in the same exchange, an exchange as the name itself is self explanatory in my opinion best if only functions as a mere exchanging platform and you should not build a tie with them.
I'm myself always use exchange that's reputable enough and the most important thing is having huge liquidity, considering my practice of trading is to get the money out of that exchange hot wallet.
But if I'm given options to choose one exchange from list above with all the other factors taken into account i'd choose binance and okex, maybe just because i'm more familiar with them.

crypto_nox

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Okex have so many features that I don't even understand how they work haha, and once my authenticator got deleted asked okex support they asked my passport ONLY no other document helped me to recover my account, I got stuck there at last I made exit

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