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What is your fav crypto exchange?
There is so many exchange in the market, which one is your fav and why?
$0.03
10 ANSWERS

I like Binance and Bitfinex for different reasons, it depends what the purpose is.

Binance

Pro:

  • A lot of coins are listed on Binance which gives you much choice.
  • Low fees.
  • Has a mobile app for smartphone or tablet that works very well.
  • Easy to use interface with added functionalities and because of the big volumes there is a lot of liquidity.
  • Anonymity is possible.  (In some cases they require KYC)

Con:

  • You can't go short on cryptocurrency. 
  • Doesn't support deposits in fiat. 
  • Trading platform can be slow responding sometimes.

You can open an account on Binance for free or request more information here: https://www.binance.com/?ref=35004361 

Bitfinex

Pro:

  • You can margin trade and go short, which makes it a good exchange for traders.
  • Professional trading platform with a lot of volume.
  • Anonymity is possible. (In some cases they require KYC)
  • Many payment options, fiat is also accepted.

Con:

  • Was hacked in 2016 so the security may be questionable.
  • The company Bitfinex is behind the stablecoin Tether which is very controversial in the cryptocurrency world. 

$15.48
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4 Comments

I have used Bittrex for almost all of my transactions for quite a while now. I use Coinbase to buy crypto using a debit card and then transfer to Bittrex when I need to. I have a Ledger Nano wallet that I store almost everything on that I am holding right now. I have used Binance before but it isn't my favorite. I may go back and take a look now that they are offering transactions via debit card though! That is quite game changing and I am hoping that it works out for Binance!

Photo Retrieved from Bittrex website

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Binance because the fees/exchange rates are a lot lesser than other crypto exchanges.

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There are many exchanges out there that are really doing fine. However, my best exchange remains @blocktrades and then I can talk about Luno and others

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1 Comment

I see a lot of people say Binance, I only like it for the volume and number of listed coins. The site alone is very slow and buggy in my opinion, but they are alright I guess. I like Bittrex the most.

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4 Comments

I really like using Binance and Kraken.  They have both been really easy to use and the KYC process though time consuming is fairly easy.  I would say if you are just getting started though you might want to look at Coinbase.  Especially if you are in the US.  It is a quick easy way to get started in crypto and from there you also get access to a GDAX/Coinbase Plus account.

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For me it is Binance. The exchange fee is really competitive than other existing major exchanges and I like the interface, its smooth and fast too. I think almost all love Binance over the the others. In a short period of time Binance gained a lot of popularity and it is because of the low & competitive exchange fees. That is why I love Binance.

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Binance is the best, due to their high commitment to customer service.

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I use Binance, Bittrex for altcoin trading. For margin trading, I use Deribit: Fast, reliable and simple.

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