Topic: Why did you choose your current exchange? - page 4. (Read 1640 times)
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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?
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?
Every new exchanges will surely find very effective ways to promote their project but im better off with old and big exchanges and my favourite ones are
KUCOIN
OKEX
BINANCE
The reason why okex is the first one on my list is because i like trading on the platform better than anywhere else and traders can trade on the margin with 10x and 20x leverage to lock in their cryptocurrency profits,kinda cool feature
1. Indodax
Reason > because I can deposit and Withdraw my national currency here (IDR), also this is the biggest and most popular crypto local exchange in my country.
2. Forkdelta
Reason > DEX, fast and reliable. No need KYC and you can control your own wallet by yourself. Also, low fees.
3. Binance
Reason > Most popular crypto exchange right now with huge trading volume and I love to join their IEO program <3
Reason > because I can deposit and Withdraw my national currency here (IDR), also this is the biggest and most popular crypto local exchange in my country.
2. Forkdelta
Reason > DEX, fast and reliable. No need KYC and you can control your own wallet by yourself. Also, low fees.
3. Binance
Reason > Most popular crypto exchange right now with huge trading volume and I love to join their IEO program <3
I've seen something interesting today, something that has always been a problem for me.
I sometimes mine or invest into small unknown coins. What I am talking about is coins that sometimes don't even reach 1$ worth in total. Most exchanges I've used had quite big minimum trade amounts, especially after the days Bitcoin has surpassed 1000$ (since those amounts are usually in Bitcoin).
Today I noticed that Binance, along with the high number of small coins they allow on their platform, they also allow very small minimum trade amounts. I mean, for a coin worth under 50 satoshi a piece the minimum amount to be traded is .. one such coin.
I didn't really use Binance until now, maybe because of too much publicity and because I had account on almost all other (altcoin) exchanges, but now they've impressed me.
Edit: until now the favorite exchanges were based on inertia, liquidity, availability of the needed trade pairs. Now minimum trade value can be added to the list.
I sometimes mine or invest into small unknown coins. What I am talking about is coins that sometimes don't even reach 1$ worth in total. Most exchanges I've used had quite big minimum trade amounts, especially after the days Bitcoin has surpassed 1000$ (since those amounts are usually in Bitcoin).
Today I noticed that Binance, along with the high number of small coins they allow on their platform, they also allow very small minimum trade amounts. I mean, for a coin worth under 50 satoshi a piece the minimum amount to be traded is .. one such coin.
I didn't really use Binance until now, maybe because of too much publicity and because I had account on almost all other (altcoin) exchanges, but now they've impressed me.
Edit: until now the favorite exchanges were based on inertia, liquidity, availability of the needed trade pairs. Now minimum trade value can be added to the list.
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?
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?
Yes, the above article is a regular paid advertising and nothing more. With regards to favourite exchange, it's hard to answer, somewhere better interface, somewhere a lot faster withdrawal, somewhere impossible arbitration. From personal experience, I liked: Coineal, p2pb2b and bitrabbit.
Indodax become my favorite exchange because I can make my altcoin or bitcoin assets become cash money, another exchange maybe forkdelta because always have place for selling new coin,
i use many exchange to trade my altcoin, but from some of the exchanges that i use, i often binance because in my opinion it's faster, safer and more reliable. and also binance has a large volume which makes me use it more often. and since binance dex available, now I use binance more often and if i think about favorite exchange, binance might be my favorite for trading
I agree with the article, but I prefer the easy trading of these 3 points. Bcuz to trade I need fast action, trading can be more profitable if the sale and purchase results are not in one exchange.
Well, I also don't have a single exchange where I trade my coins. But majorly, I trade on Binance. I love the security measures in Binance.
Exchange platforms are numerous yet each one has its unique feature attracting different traders based on their preference. I choose to trade with Bitrue exchange platform because it has got low transaction fees especially when using the BTR token for transaction fees, traders are entitled to 40% reduction. Bitrue has also got high volumes, high security and fast transaction speed.
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Do you have a favorite exchange? Why did you choose it? Do you agree with above article?
I think every centralized exchange needs to switch and host a decentralized version of it, to gain more trust from users.Do you have a favorite exchange? Why did you choose it? Do you agree with above article?
In theory, by such switching, any honestly run exchange will not only retain its profits but likely and quickly increase them.
More coins, more users, more trades, but most importantly, no more coins custodianship concerns!
if I think I've also been using the binance market for a long time and I use trading every day, because for me it's also my favorite market, because seeing the movement and volume is also quite good, so for me it's also a good way to make a profit.
If you look at when Binance exchange first came out, many people were using some very great exchanges before without complains, but the moment Binance exchange came into existence and they started hearing of it through publicity and the hype that was all over the internet then, they switched from that exchange they were using before to Binance. Anyway, I guess that the most favorite of many people right now is Binance, and I hope this will still remain their favorite even if we have some other great competitors that are coming into the market sooner. It is not everyone that you see using an exchange used it because it is their favorite, something favorite is what you would stay with irrespective of any other exchange that comes out to promise heaven and earth to switch.
the first time I got to know crypto I used poloniex exchange to bittrex and went deeper into using hitbtc, and started using binance because it was easy to use then I used binance more often,and when I trade I don't think too much about transaction fees.
Currently I'm using an exchange platform that do not have any charges or fees attached to any activity such as trading, depositing or withdrawing you do on the platform. I was quite surprised the first time I used this exchange platform. The main reason why I'm using my current exchange platform is because of their charge or fee free services. I trade and withdraw funds without paying any fees.
May I know that exchange platform? Cause it is rare to see exchanges who are offering free in all the transactions we've made and I am interested to use it by then. People would love to use exchanges at free of charges, yes we can save a lot and makes us profitable but aren't be sure if that will stay longer cause, as far as I know, fees are just a thing that could help to sustain with the market.
Currently I'm using an exchange platform that do not have any charges or fees attached to any activity such as trading, depositing or withdrawing you do on the platform. I was quite surprised the first time I used this exchange platform. The main reason why I'm using my current exchange platform is because of their charge or fee free services. I trade and withdraw funds without paying any fees.
Binance is enjoying the market now because of the believe and confidence of traders in the exchange. The real and large volume also but very fewer tokens listing recently because of the exchange demands. Somewhere along the line as market improves some of the new exchange if they can add more good recent projects as well has improve real traded volume they could provide reliable option that could divert traders.
When I picked up a exchange normally I started to check some important factors. The first one is listed coins and it's volume. It both of them are good to go for me then it's fine. The next thing is it's UI. If it's easy to use and not laggy then info for that. And the most important thing it's back history of security flaws. Its also a very important factors. Atbthis moment I really like to use Decentralised Exchanges but I also use some centralised Exchanges like binance or okex or huobi.
I use binance, I chose it because of the wide variety of coins and tokens, its innovative ideas and its friendly user interface. Binance is mile ahead of other exchanges in most ramifications.
Now I use Binance very often, because I have some kind of confidence and security of my funds in my account. After I learned that Binance has a certain fund in order to recover losses in the event of a break-in, I thought that I had made the right choice, because basically all trading exchanges are the same.
I also mainly use the exchange Binance, they have a very thoughtful project. Tokens are very profitable to store, because for some tokens there is an accrual of the same tokens. As an example, for the storage of tokens NPXS get more NPXS. Just hold it. Isn't that wonderful? And to trade on it I like. 
Now I use Binance very often, because I have some kind of confidence and security of my funds in my account. After I learned that Binance has a certain fund in order to recover losses in the event of a break-in, I thought that I had made the right choice, because basically all trading exchanges are the same.
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