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Topic: Why did you choose your current exchange? - page 7. (Read 1687 times)

sr. member
Activity: 1274
Merit: 263
August 02, 2019, 01:26:26 PM
#85
It was like a buyer trying to buy something in the market. Will you prefer a clean one or a dirty one? I choose it because of this.
and based on this logic too, we should never trust them fully because you OWN your asset if you are storing it yourself. I do not recommend nor forbid anything but I will remind you, this. You can use every exchange around the world, but after you use them. Do not forget to take all of your assets from that exchange, because everything can happen.
full member
Activity: 339
Merit: 100
August 02, 2019, 01:21:27 PM
#84
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 chose an exchange when the altcoins I held were listed on it. The reason is simply that. And it will be more convenient when the exchange can withdraw cash. That's why I chose OKEx, a leading trading platform today and has an OTC market integration.
full member
Activity: 574
Merit: 100
August 02, 2019, 09:58:32 AM
#83
The reason why I choose binance is because I feel secure using it and they are very responsive when it comes to having problems with their site. And also, the transactions are also fast compared to other centralized exchange sites.
member
Activity: 672
Merit: 10
simply getting the job done
August 02, 2019, 09:49:58 AM
#82
I have used many exchange platform and my favourite is Binance and Okex the best exchange platform in any case.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
August 02, 2019, 09:48:22 AM
#81
I prefer decentralized exchanges because I own my cryptocurrencies and I can leave my cryptocurrencies on that exchanges for a long time.
Instead of having fear on centralized exchanges.
full member
Activity: 612
Merit: 102
August 02, 2019, 09:35:06 AM
#80
i chose Binance because participating in their IEO launchpad is quite profitable
and i love that they chose legit altcoins to be listed on their exchange.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
August 02, 2019, 08:57:33 AM
#79
I choose my present exchange because of its popularity and better trading volume,i have no problem trading on the exchange because the trading fee and withdrawal fee is not much like other exchanges.

yes, a good volume on exchange is the most important things, also the security from the exchange is good my friend
then fast deposit and withdrawal too  Wink
jr. member
Activity: 243
Merit: 1
August 02, 2019, 08:46:09 AM
#78
I have chosen my current exchanges by reading articles about them and comments ,I am sure they are quite safe but still I prefer holding most of my crypto at cold-storage wallets.

I think there are no safe exchanges. I do not keep money there. Yes, it is not profitable at a distance. And what choice? Subjected to attack? I think that for traders this is the most urgent problem. Where and how to store.

You can always store most of your assets in wallets like Ledger Nano or Trezor and then deposit to the smart contract only what you need for trading. And if you use a DEX, you will keep the full custody of your assets. You can check weiDex exchange.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
August 02, 2019, 08:42:18 AM
#77
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
Do not select new exchanges, and exchange without volume. It's too dangerous for us to send money and trade there, I agree with you, choosing popular and multi-user exchanges like Binance, Okex ...
member
Activity: 736
Merit: 11
August 02, 2019, 08:35:47 AM
#76
the answer is how comfortable you are in using exchanges that are already available on several sites? because everyone who wants to make a transaction both investment and trade certainly has an attitude of trust and feel comfortable with their operational systems. I personally feel comfortable when making transactions using binance exchanges and this is one of my favorite exchanges so far.
member
Activity: 532
Merit: 41
August 02, 2019, 07:38:23 AM
#75
I choose my present exchange because of its popularity and better trading volume,i have no problem trading on the exchange because the trading fee and withdrawal fee is not much like other exchanges.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
August 02, 2019, 06:56:38 AM
#74
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

That will not be a problem for binance because they still give the best services to their member. That is why binance still be the best exchange for many people. The security of the exchange will be the most concern for the traders so they can trade without any problem or worry if the hacker is suddenly stolen the member's money. Even if the exchange gets hacked, if the exchange can handle that problem, I think the exchange will still survive in the worst situations.
member
Activity: 364
Merit: 10
August 02, 2019, 06:06:52 AM
#73
I am trading on Binance and believe that this exchange is the best one. First of all, withdrawal and trading fees are pretty low. Secondly, there are a lot of altcoins that can be traded on Binance. The last but not least is growing development that would push the price of BNB even higher.
member
Activity: 700
Merit: 10
August 02, 2019, 03:51:24 AM
#72
If I mention the tips for choosing a good exchange for a trader, I think they are lacking few tip. It is a matter of support, volume and exchange popularity in the market
I think the most important thing is that Exchange has high security and get the trust of traders as a convenient market to use. Of course the market must also have a high volume to make us easier to choose the coins.
security is the main reason for our main exchange, but besides that of course we have several exchanges, especially for bounty hunters, this is because the coins are only listed at certain exchanges, so we convert to major coins then can be transferred to our main exchange

member
Activity: 742
Merit: 12
August 02, 2019, 03:43:09 AM
#71
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.
sr. member
Activity: 994
Merit: 391
August 02, 2019, 02:55:12 AM
#70
I am trading Binance at the moment. After the leverage (even X2) feature for many big altcoins pairs, I think the exchange is more useful now. In the future leverage probably will be bigger.
By the way, Binance has best altcoins pool.
member
Activity: 375
Merit: 10
August 02, 2019, 02:49:45 AM
#69
I often use probit exchange, since first appearing, I think probit will be one of the most disputed in the future, because of the various pleasures available, one of which is fast and cheap, besides many exchanges such as, piexgo etc.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
August 02, 2019, 02:20:41 AM
#68
I have chosen my current exchanges by reading articles about them and comments ,I am sure they are quite safe but still I prefer holding most of my crypto at cold-storage wallets.

I think there are no safe exchanges. I do not keep money there. Yes, it is not profitable at a distance. And what choice? Subjected to attack? I think that for traders this is the most urgent problem. Where and how to store.
full member
Activity: 560
Merit: 100
August 02, 2019, 02:13:54 AM
#67
I have chosen my current exchanges by reading articles about them and comments ,I am sure they are quite safe but still I prefer holding most of my crypto at cold-storage wallets.
full member
Activity: 896
Merit: 236
August 01, 2019, 03:25:34 PM
#66
My first exchange run out with some good amount and then I search for some good exchanges because my first lost was really shocking for me as I lost big just because of this after spending some time now I have 3 exchanges right now all these working ok for me hopefully these will give some good support in near future as well.
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