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Topic: Why did you choose your current exchange? - page 6. (Read 1687 times)

jr. member
Activity: 397
Merit: 1
just like why did you invest with that coin? yes, basically someone has a different view from one another, if I personally see something that is really good or makes me comfortable, of course I will accept it and vice versa.
binance is my favorite exchange, I have long and very comfortable trading there.
member
Activity: 462
Merit: 10
simply getting the job done
I choosed my exchange , because I like to open short positions.
At the same time there are some ways to avoid using exchange and use another way to open short, I mean "Bitcoin short". just google it
jr. member
Activity: 336
Merit: 1
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 just like you trade on different exchanges , as no one knows what can become of this exchange , there have been many cases of Scam exchange and no one then returns the funds.
hero member
Activity: 924
Merit: 500
For me it is very important to have an exchange with high liquidity and low fees. The big positive is the exchange doesn´t require KYC process.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
I am only a trader with a small capital and I use coinbene as a place of exchange that is most often used, when I already have a lot of capital I will [beautiful to binance because many people say it is better at trading
newbie
Activity: 22
Merit: 1
I use binance, they offer good functions, especially easy to use, I think a beginner like me can also learn to trade there. besides that the costs there are also cheap and of course I feel comfortable trading there
copper member
Activity: 1190
Merit: 3
August 05, 2019, 12:54:19 PM
#99
Truly speaking, I did choose my last exchnange only because the token or coin which I had, was listed only on this exchange.
So I did not have a choice to select from different exchanges.
legendary
Activity: 1722
Merit: 1014
August 05, 2019, 12:34:24 PM
#98
My favourite exchange is the one I need at the current moment. If I think about trading some token somewhere, I usually go to coinmarketcap and look where I can make a trade. Then I choose the exchange with the best price and high volumes. Also I prefer the one where I already have registered and verified before.
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
August 05, 2019, 11:40:42 AM
#97
I feel comfortable with binance exchanges, they offer good features and I'm sure most users on this forum also trade coins on binance exchanges. , even almost every day I make small trades on binance exchanges ..
member
Activity: 616
Merit: 13
August 05, 2019, 11:24:25 AM
#96
my exchange that i use right now is kucoin and binance only, not only they have an amazing customer support but also a good interface that is so easy to use. Other exchange got way too complex user interface that a newbie cannot use properly.
jr. member
Activity: 1876
Merit: 5
August 05, 2019, 11:09:30 AM
#95
This is an interesting topic about the exchange of cryptocurrencies and much more. Since it is always very often necessary to take advantage of a profit. Now there are a lot of exchange offers on the market and you need to find for yourself where they charge very low commissions. And you also need to find a safe exchange and not fall into the hands of scammers. So I wish everyone good luck in finding promising exchangers.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 05, 2019, 10:50:50 AM
#94
When I choose any exchange, I consider its security first, then volume along with the range of different coins it has listed. I only choose exchanges with high reputation and do not ask for KYC to withdraw funds. Daily limits are accepted, I can understand the issue. Binance and Kucoin what I use most of the time.

Although Binance was stolen by hackers 7000 btc, they have their own funds for emergency situations similar to this. I think choose the exchange that most people use, which is the simplest and most effective tip
Even if they have emergency funds, that does not mean they have to still leave their system vulnerable to security threats, the last time they were hacked, we learnt that the hacker stole 41 million dollars which they paid, imagine that they hack them 3 times of same amount in a year, do you think they will be able to pay again, how much is Binance really worth for them to be banking more of emergency funds.

Any exchange must make sure that their security is very tight irrespective of how much emergency fund they have created. We have some hackers that are not even after the money, but to destroy and wipe out data completely out of jealousy or to destroy them, so it is not only the money, but their data also needs to be fully secured without giving chance to hackers at all.
member
Activity: 746
Merit: 10
https://axiomapay.com/
August 05, 2019, 10:31:38 AM
#93
each user has different perceptions - including objects in terms of the exchanges they use, based on how comfortable they are in using the exchange both functions and other features that make them comfortable with the exchange, so far I personally prefer binance exchanges because there are many trading volumes there and some coins traded there include potential coins.
full member
Activity: 686
Merit: 102
August 05, 2019, 10:27:50 AM
#92
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 can choose binance. I think many people choose binance because it's easy to trade here and their support is really good for their client. They don't took so much time for transaction. They also reduce their trading fee if you use BNB coin.
full member
Activity: 812
Merit: 100
August 04, 2019, 11:56:44 PM
#91
The reason i keep using the same crypto exchange is because the deposit and withdrawal gone smooth.
If you doing arbitrage trading, deposits and withdrawals must be done quickly to fill the book orders.
With good exchange, this method can give profit to arbitrage traders.
full member
Activity: 476
Merit: 101
August 04, 2019, 05:33:24 PM
#90
I am using Bittrex before and until now, I have a few cryptos in there, before, Bittrex was really easy to understand and I think, the best exchange for beginners to intermediate traders, however, I heard many good reviews about Binance, and I am interested to give it a try.
member
Activity: 238
Merit: 12
send & receive money instantly,with no hidden cost
August 04, 2019, 05:27:42 PM
#89
Choosing a proper exchange is the bet decision one can make for himself or herself. I chose my current exchange because of so many reasons. First of all, I chose them because every account on the exchange is covered with an insurance worth 1M dollars, again, because of their highly centered security and simple platform to use even by a newbie.
full member
Activity: 371
Merit: 100
August 04, 2019, 04:59:24 PM
#88
Becuase of the volume in the exchange and the movement of tokens.
My favorite one is the KUCOIN, i really like the volume there.
BINANCE is a good one and to be listed there is really something and an achievement for any token project.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
August 04, 2019, 03:04:44 PM
#87
I slightly disagree with what was said in the article, having user friendly interface doesn't really make an exchange reliable. An example is changelly they seem easier to use when exchanging coins but isn't trusted by many if you look up how many traders had bad experience after using their service.  
member
Activity: 398
Merit: 10
August 04, 2019, 02:36:55 PM
#86
I am using Binance and OKex to trade my coins
There's no bigger reason than they are big exchanges, and yes, still there would be some scam
But not that much with smaller one,
And for specific, okex lists most of my bounties's token, so I Can sell them easily
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