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Topic: Which exchange is the most reliable high volume and most trusted with big money (Read 614 times)

legendary
Activity: 1652
Merit: 1088
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No Gemini? Maybe the volume isn't too hot much of time but it's probably the best funded, most regulated and you rarely hear complaints about it. Maybe that's because no one uses it.

If I were to buy or sell large amounts of BTC I wouldn't go anywhere near the main exchanges.

I was going to mention Gemini too. It's one of the few regulated exchanges, and if the big boys ever get into bitcoin, they'll use Gemini over the other exchanges simply because it's not a fly-by-night operation.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
Which exchange is the most reliable high volume and most trusted with big money?

all these options don't come in one package.

for example the biggest volume comes from poloniex and i suppose bitfinex next. but neither of them are reliable. poloniex services and specially their support suck. and bitfinex is the one that got hacked last year and people lost a lot of money, not to mention all their troubles with the banks and all the stuck money!

then comes the trust! how do you even trust these services? most of them don't respect their customers enough and change their rules without prior notice and like always there is the risk of their "hacks" /s
legendary
Activity: 1400
Merit: 1009
I'm currently using kraken for bitcoin buying/selling, they're good. for altcoin i would recommended bittrex, kraken has few altcoins too but not as many as bittrex. always remember this, never keep coins on exchanges/use it as a wallet. be safe!
sr. member
Activity: 882
Merit: 297
Your question is a bit vague.... Some exchanges "limit" their withdrawal & deposits, based on verification levels. You can

withdraw and deposit small quantities with low level verification and unlimited amounts when you reach full verification. Well

they say unlimited, but I think there are limits. {This is how my exchange is doing this, to encourage people to verify.}  Roll Eyes

You should add Localbitcoin, even though it is not an exchange per se.  Grin

Keeping the limit is good for the users so that they should not ruin their life by making small mistakes. and this way also the exchange are also limited to scam their users with high deposit.

Localbitcoin is a good for trading for local users. with lot of users are their to trade and the options of escrow is also very good.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
none of them!
and they all have the risk of turning into Mt Gox or Cryptsy or a dozen others that ran away. these exchanges are not exactly regulated and they can easily fake anything they want from volumes to prices and to walls to manipulate. of course the effect each of them have on different cryptocurrencies are very different and on different levels but it exists.

among crypto currency exchanges we have to choose among bad and worse. so we choose bad.
if I want to rank them I do it this way:
for bitcoin: Gemeni, Kraken, then bitstamp, bitfinex. (I don't like Gdax much).
for altcoins: bittrex and then cryptopia and then c-cex and after it at the end of the list poloniex.
legendary
Activity: 1904
Merit: 1074
Your question is a bit vague.... Some exchanges "limit" their withdrawal & deposits, based on verification levels. You can

withdraw and deposit small quantities with low level verification and unlimited amounts when you reach full verification. Well

they say unlimited, but I think there are limits. {This is how my exchange is doing this, to encourage people to verify.}  Roll Eyes

You should add Localbitcoin, even though it is not an exchange per se.  Grin
sr. member
Activity: 1050
Merit: 250
Huh BTC

I think you should ask people to talk about their experiences in every exchange they use.

For example, poloniex is good exchange because it is easy to use, but has bad support and has people who lost money

Bittrex also have case of bad customer service

Coinbase also has its problems

Bitfinex also has its problems

There are GDax and Kraken who do not hear a lot of people complaining.

All exchanges you mentioned have good trading volume

Thanks for the review. I will try go to kraken exchange. because for now I am still in Bittrex exchange and indeed for the moment I have not found a problem with bittrex but in case of bad things come I will try another exchange
newbie
Activity: 100
Merit: 0
This is probably tempting fate, but I don't think Kraken has been hacked yet... and I've always had a good/fair experience with them.
sr. member
Activity: 812
Merit: 253
So far the most reliable and most trusted exchange site for now is Bittrex, I have no problems using it and it is easy to maneuver around. Before I was into Poloniex though Polo is still a good trading site and I had no problems with them as well but I do have read a lot of negative feedbacks on this site so I opened a Bittrex account too because I was suppose to transfer my coins their but since I had no problems with both trading sites I'm keeping them both but currently more on Bittrex though.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
I'd go with Bitstamp. I am using them for more than one year now, and although I had some issues initially with the ID verification, I never faced any trouble from them after that. My only complaint is about the high withdrawal fees.
sr. member
Activity: 350
Merit: 250
I love using bittrex.
I have no problem with it.
I can say this one is a good and trusted exchange.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Huh BTC

I think you should ask people to talk about their experiences in every exchange they use.

For example, poloniex is good exchange because it is easy to use, but has bad support and has people who lost money

Bittrex also have case of bad customer service

Coinbase also has its problems

Bitfinex also has its problems

There are GDax and Kraken who do not hear a lot of people complaining.

All exchanges you mentioned have good trading volume
legendary
Activity: 1190
Merit: 1002
The exchanges which i am usually trading my altcoins are Yobit, poloniex, bittrex cryptopia liqui, and livecoin . This are some exchanges were i use to trade so i can tell about about it. Because i use to participate in almost all new altcoins bounty programs and were ever they get listed i have to trade in that exchange.
legendary
Activity: 1073
Merit: 1000
The least option should be Poloniex of course. If you need their support, you probably will be in trouble for some time.

The others I don't know. Any exchange can go down any time, no matter how big they are, how safe they seem and regardless of past performance
sr. member
Activity: 322
Merit: 253
Property1of1OU
indeed good question ...


the problem with any type of distributed databases that offers buyers/sellers match is the distributed conception itself ...
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
No Gemini? Maybe the volume isn't too hot much of time but it's probably the best funded, most regulated and you rarely hear complaints about it. Maybe that's because no one uses it.

If I were to buy or sell large amounts of BTC I wouldn't go anywhere near the main exchanges.
hero member
Activity: 2520
Merit: 952
If you just want to exchange currency then use decentralized exchanges, nothing can be more safer then that.
sr. member
Activity: 600
Merit: 256
If this thread was posted one month ago, then I would have chosen BTC-e. I always thought that they were the most reliable exchange around. Can't really trust the other exchanges. Especially Coinbase, which refused to credit BCH coins to its users. But as of now, I'd halfheartedly go with Kraken.
legendary
Activity: 2226
Merit: 1052
Unless u mention your country & currency, there is no definitive answer to it.
full member
Activity: 149
Merit: 100
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