Why did you choose your current exchange?

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: EmpowNetwork on June 29, 2020, 03:59:52 AM

Binance. That is almost my only option so far. Grin

This would happen because there are millions of others who are using this exchange and seems they are continuing it good work due to which people are joining them. Though their features, listing of coins and delisting the dead ones etc, providing the low trading fees because they believe in volume, good safety measures etc are some of the features that attracts users to come to this exchange.

pangu

hero member

Activity: 2912

Merit: 604

CoinMetro

Quote from: Distinctin on June 29, 2020, 07:08:44 AM

Quote from: pangu on June 28, 2020, 10:30:57 AM

Coinmetro, because it's easy to buy QNT there, low fees, and they are eu-regulated

Honestly I never heard of this exchange, it's just a small exchange, right?
As I check, they only have over $120k trading volume as of now, very low compared to the big exchanges in the market where they have at least $100 million on a daily basis.. (https://coinmarketcap.com/exchanges/coinmetro/)..

small, but eu regulated and they have a great 24/7 online support in my experience

Wulan

full member

Activity: 285

Merit: 101

io.ezystayz.com

Quote from: AbayoDami on June 25, 2019, 09:55:26 AM

I read this interesting article that give tips on how to choose reliable crypto exchange, here's the link if anyone is interested:
https://www.btcurrencies.com/exchanges/top-3-tips-to-choose-a-reliable-crypto-exchange-in-2019.html

This article I suspect is to promote Decoin exchange, but they present some interesting points. I don't really have favourite crypto exchange as I trade many coins all which aren't in one exchange.
Do you have favorite exchange? Why did you choose to it? Do you agree with above article?

from the first time I first got to know cryptocurrency I used Etherdelta exchange and after I started to understand a little about crypto I started using Forkdelta for transactions or buying and selling coins, and yes as time goes by now I use exchange binance and I'm thankful because there aren't any obstacles at all in making exchanges or so on and in my opinion personally to the three exchanges that I use are very reliable and reliable.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: pangu on June 28, 2020, 10:30:57 AM

Coinmetro, because it's easy to buy QNT there, low fees, and they are eu-regulated

Honestly I never heard of this exchange, it's just a small exchange, right?
As I check, they only have over $120k trading volume as of now, very low compared to the big exchanges in the market where they have at least $100 million on a daily basis.. (https://coinmarketcap.com/exchanges/coinmetro/)..

I guess everyone would choose the top 3 exchanges in the market, as for me, it's always been Binance every since.

EmpowNetwork

newbie

Activity: 33

Merit: 0

Binance. That is almost my only option so far. Grin

pangu

hero member

Activity: 2912

Merit: 604

CoinMetro

Coinmetro, because it's easy to buy QNT there, low fees, and they are eu-regulated

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

I have chosen the Z exchange for the mentioned reasons:

The trading fee depends on the monthly turnover, the high turnover accounts will get the trading fee under 0.1%.
The liquidity is high and the market kept active by trading bots.
The withdrawal fees are below the industry standard.
The support team answers my questions in a day max.

kodtycoon

legendary

Activity: 1568

Merit: 1002

my personal favorite exchange is local exchange but back again, we will not find all the coins we can trade in one exchange and therefore we must be able and accept more openly to use any exchanges out there so that we will easily make trading when you want to trade a coin that is only available at certain exchanges

shoreno

full member

Activity: 1750

Merit: 118

Quote from: LouVandetta on January 01, 2020, 09:52:44 AM

Mainly because it has a good security and if does get hacked, the exchanges won't just run away without covered the users' losses. And a cheaper fees is also good point to add, volumes and also if it has quite the altcoins there.

dang thats indeed a good exchange but if you wont mind , may i know its name ? but id take my guess . are you talking on the binance exchange ? because binance do also got the traits that you described above such as high volume when it comes to trades and they recently re pay thier users lately after they got hacked but i dont remember if binance has a low fee or not since i only used binance one time before but not now cause i dont do bounty hunting anymore .

LouVandetta

sr. member

Activity: 602

Merit: 253

Mainly because it has a good security and if does get hacked, the exchanges won't just run away without covered the users' losses. And a cheaper fees is also good point to add, volumes and also if it has quite the altcoins there.

pangu

hero member

Activity: 2912

Merit: 604

CoinMetro

-security
-fees
-volume
-licences
-features

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: Outlander on December 29, 2019, 05:43:17 AM

I will choose the exchange with the highest trading volume. If the trading volume is large, the timeliness of the transaction will be improved and the success rate will be higher.

That's correct, that's why people love Binance more than other exchanges.
And also, bigger exchanges has a lot to risk so they will not destroy their reputation by scamming people.

When they continue to operate, they'll continue to make money from the millions of volume in a daily basis, sometimes it even reach billions.

Outlander

legendary

Activity: 1218

Merit: 1000

I will choose the exchange with the highest trading volume. If the trading volume is large, the timeliness of the transaction will be improved and the success rate will be higher.

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: AbayoDami on June 25, 2019, 09:55:26 AM

I read this interesting article that give tips on how to choose reliable crypto exchange, here's the link if anyone is interested:
https://www.btcurrencies.com/exchanges/top-3-tips-to-choose-a-reliable-crypto-exchange-in-2019.html

This article I suspect is to promote Decoin exchange, but they present some interesting points. I don't really have favourite crypto exchange as I trade many coins all which aren't in one exchange.
Do you have favorite exchange? Why did you choose to it? Do you agree with above article?

I'm also trading on so many exchanges because I'm also holding so many altcoins and I trade where this coins are being exchanged, this is one of the dilemmas of investors they have no choice not to register to exchange where the coin they invested are listed, but on the criteria of the exchange, my priority is security, we all know exchanges are the number target of hackers and if the exchange has a weak security, then it's not worth depositing your funds here.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

When peoples choose their first exchange, they will try to deposit and withdraw some small funds first.
and if it is going smooth, then they will trust the exchange and keep using it.
Funds are safe, deposit and withdrawal fast, no problems happening, those are why i choose to use the exchange.

Redemption59

member

Activity: 238

Merit: 11

Many people choose their exchange platforms based on many factors known to them alone. I chose my current exchange due to its high security measures put in place and also its number feature called the power piggy where one can put his/her funds and receive dividends on and can choose to opt out anytime. I chose Bitrue because of these wonder features and in as much as possible, every account is also insured with a million dollar.

forexandcryptoauditor

copper member

Activity: 1190

Merit: 3

Because there was no other option available. The token was newly listed first on this exchange only.
I I want to sell or buy more, there no chance to do it from other exchange as token is not listed there.

Impaler

sr. member

Activity: 826

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Everybody in this space has his or her some specific requirement when it comes to choose a exchange. For me it is security and easy to use. And I always like to keep my asset on my own hand. That's why I always go for decentralized exchanges. For me binancedex ,idax index and switched is best I also like some eos based Dex like needed. But the problem with the Dex is the volume that's why you have to pick son centralized exchange too. And for me binanc and huobi is on of the best exchange among centralized ones. BTW I also like vitex which is a new exchange. Its also great.

odukoyaewatomi27

member

Activity: 536

Merit: 15

I am utilizing Binance because of it being the most prevalent and least demanding to use simultaneously. I have not been in the crypto space for quite a while however its additionally great to hear that Binance thinks about the projects and vets them before really listing them. Binance listing genuine projects with real associations with huge organizations is the main thing and not simply false guarantees by different projects. Also they have a fundamental and propelled interface which truly helps a ton.

FloatOn70s

newbie

Activity: 56

Merit: 0

Quote from: WestWorldNP on September 04, 2019, 04:32:10 PM

Quote from: FloatOn70s on September 04, 2019, 04:28:36 PM

Quote from: WestWorldNP on September 04, 2019, 04:24:08 PM

And do they work with legal entity? As I want to transfer via bank.

I am not quite sure about the legal one, better to explore bittrex on-site description, only used private transactions, but they work via bank, 100% sure

So you personally tried buying crypto via bank? How long does it take?

As I said, up to 10 minutes. Not so long comparing to other exchanges. Have you found, does bittrex comply with legal entity?

Topic: Why did you choose your current exchange? (Read 1687 times)