What's your favorite exchange you used for trading and why do you prefer that exchange over others?. - Exchanges - CryptoTalk.Org Jump to content
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What's your favorite exchange you used for trading and why do you prefer that exchange over others?.

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The cryptocurrency industry is evolving and the exchange sector is one of those sector this evolvement can be highly noticed. We have numerous exchange raging from decentralized to centralized exchanges making a name for themselves. If you were to recommend an exchange to a newbie that just joined the industry, having zero or no knowledge in regards to selecting a quality exchange, which exchange will your refer the user to and why that exchange?.

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Exchange number is getting increase freakingly. We can't reach its speed.

But I count on some of them.

 

For example,

Binance, Huobi, Poloniex, Yobit, Bithumb and Kucoin are some of them.

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At the moment I choose: Yobit, Binance, Bittrex/ Why? Yes, because it is these trading platform I was completely satisfied. Each person is different and opinions may not coincide. Therefore, I do not impose my opinion on anyone ever. That's my opinion.

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8 hours ago, Simeon4real said:

My Favorite is Binance. They have everything I look for in an exchange. 

– Users (Even if they recently kicked out US users) 

– Volume 

– Listing my favorite projects

– Security (Very important) 

 

On the other hand, I'm a yobit user as well. 

Binance is dying day by day. I liked there but there is bad ongoing project in there. 

All Binance IEO's is about to lose value. (Just BTT has gained) and BNB age is closing, I think.

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I liked Binance a lot until they banned US traders. Plenty of volume there to get your orders filled and a sweet referral program. I joined the new US site and the referral program isn't very good anymore. Not a big fan of CZ so I don't trade there now. 

Yobit was actually one of the first exchanges I used and I've always liked the site as it's unique in many ways. The trollbox is ususally pretty entertaining as well. Love the DOGE investbox!

Bittrex is where I trade at mostly now since Binance closed for me. Poloniex is still one I use as well. Just been using those sites the longest and I'm use to their functionality. Never had any real problems at any of the 3 exchanges I use on a regular basis. 

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21 hours ago, Simeon4real said:

It's not. They had a major update recently and then they moved US users over to binance.us because of regulatory compliance. That resulted in a volume split. Also, Wgat happens to binance 

IEOs is independent of the exchange itself. 

I don't believe that they can be succesful in USA. Firstly USA economical authorities will not allow this, because they want to make profit from it. 

I think the real problem is different. Binance has just completed its mission. There is no need anymore. Just a time matter. A new and better exchange will be published soon. That's my idea.

 

Edited by vycl87
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Yobit is my favourite exchange. I feel the prices are good there is plenty of volume and the extra features give you plenty to do. It's like a different experience to just trading. If you play the game well there is money to me made more than just buying and selling. 

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11 hours ago, Simeon4real said:

It's not that easy. Think about it. Even if a new exchange emerges to take the #1 spot from Binance, Don't you think they'll face the same regulatory hurdle binance faced? 

Maybe, But people and the market need it. Binance cannot solve this with his current structure. We need new and capable ones.

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I used BTC Alpha and lost all the coins with them because of poor support and no recovery for wallets. I am now looking to start at Yobit with small amounts and learn new things, etc.

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So far i use indodax. The first reason, indodax is legal exchange and it has real office in my country. Indodax is safe, and many peoples believe it. I do not have any problem by using this exchange.

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36 minutes ago, Kruze07 said:

yobit deposits and withdrawals are really fast. so my first choices are yobit, binance and kucoin. bitmex for my margin transactions.

Yes I'm amazed by how fast yobit transactions are  but yobit still have a liquidity problem because most coins have low liquidity and that's not good for me as a day trader.

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many must say binance exchange at first but i think they never used yobit for their tradings business. i choose this exchange because i worked with many exchanges before and now i'm more Comfortable with yobit.

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http://bit.ly/2K0fwtx

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On 11/2/2019 at 3:36 AM, ararse said:

Еаch man is diffеrent аnd opinions might not mаtch.  Thеrefоrе, I dо nоt impose my оpinion on anyоne.  Thаt's my opiniоn...

I like your attitude. But you can share your opinion here because we all are here for seeing others interests, thoughts about crypto. So, feel free to share next time dear!

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Bengali?

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My favorite exchange is yobit because i am using it from 2 years and it give me good profit and i also prefer this exchange for other peoples because it will more secure than the other exchanges. Crypto market is the best market and the main role play the good exchanges in it.

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My favorite exchange is binance, the reason being that binance has a low fee, doesn't require KYC traders(but have limited wd/day) and has an app for my smartphone👌🏻

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On 11/2/2019 at 6:06 AM, Naga said:

Yes I'm amazed by how fast yobit transactions are  but yobit still has a liquidity problem because most coins have low liquidity and that's not good for me as a day trader.

If you are looking for liquidity in yobit pairs go to doge pairs because the volume of doge pairs is really high and you can easily do scalping and day trade there.

Edited by xprince1996
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On 11/24/2019 at 4:22 AM, SyntaxEr. said:

My favorite exchange for trading is binance because it has a massive volume for every coin so it is so easy to do scalping there.    

Yea binance is everyone favourite exchange now but I think with time we will see better exchanges come a long and binance will be abandoned because now they ask for kyc and banned many countries. 

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Right now u am using yobit, i chose this platform because its easy to use and easy to navigate. and also the fees is really low. and what i really like is its security and the yobit service. well soon maybe i tried other platform but right now im loyal to yobit. 

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There some exchange like binance, coinbase and yobit are excellent to me. for a new bie yobit will be the best choice. in yobit new bie can easily trade without any complication. he also can get some free coins from yobit.

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I prefer to used yobit and binance. In yobit, I don't know why but when i bought some random coins, it always pump suddenly. The price of the coins always changed very fast too. That why i make my trading activity in yobit. If you're lucky, you can gain some profit in a minute.

Edited by I-KUN
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I would recommend Yobit for sure. I haven't really tried any other exchanges, so I can't compare it to anything. Yobit has the cleanest layout, and it's very user friendly. I have seen other exchanges with a complicated user interface, but Yobit kept it simple.

 

They also offer great prices on new ICO's and the investment box is one of their key features. The only downside is some of the withdraw fees are too high. Also Yobit doesn't let you deposit or withdraw some coins. Other than that, I would definitely recommend new users to give Yobit a try. 

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Binance is my only choice if you need to specify a single service and just talk about that service.  I prefer this place because of its high transaction volume, over-trading pairs and reliability.  It is also a good advantage that the listed coins are selected and added to the process.  I also use Yobit, Switcheo and Binance Dex to talk about the other services I like and use.

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My main language is not English, sorry for if i made any mistake when i write a message.

 

Give me 💙 if my post is helpful

Thank you.

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