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Which exchange do you prefer?

  • Thread starter Thread starter GoldenLady
  • Start date Start date

GoldenLady

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There are numerous exchanges, both decentralized and centralised ones. They have different coins and coin pairs they offer, and some do not offer their services in some regions.

Personally, Binance is my best trading platform for crypto. It's simple to navigate and has low fees?

Which exchanges do you prefer and why?
 
My best trading platform for crypto is FaucetPay as they have low limits more than spectrocoin or gate io or binance means you can deposit and trade small amounts of money with no minimum.
 
I will choose binance as a best cryptocurrency exchange because this particular exchange has a lot of user-friendly features.
 
I also use Binance. I use Binance for a couple of reasons, one, I can send and receive free from other Binance users. I can stake my assets and earn rewards.
 
I just installed Trust wallet as I heard from many that its the best so I will use it and will see how good it is and if its good than Probit Global then I may stick with it.
 
Salt said:
I just installed Trust wallet as I heard from many that its the best so I will use it and will see how good it is and if its good than Probit Global then I may stick with it.
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Trust wallet is not an exchange. It is only a wallet and you cannot exchange any coin on it
 
I thought so too because its almost impossible to swap our crypto coins but its a good and safe wallet
 
Salt said:
I thought so too because its almost impossible to swap our crypto coins but its a good and safe wallet
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Exactly
You can make use of Binance to swap coin and you can even use pancakeswap to swap coin on trust wallet browser.
 
I am little confused with trust and its not easy to convert/ swap crypto with it and could be they don't allow swapping of all currencies
 
Salt said:
I am little confused with trust and its not easy to convert/ swap crypto with it and could be they don't allow swapping of all currencies
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You cannot swap with trust wallet but you can go to pancakeswap on trust wallet browser.
 
Salt said:
I am not sure what it is and how it works can you explain a little with example
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There is a way you can visit the trust wallet browser and then search for pancakeswap. You should create an account before trading.
 
Can you share more details and how to create a new account on trust for pancakeswap
 
Salt said:
Can you share more details and how to create a new account on trust for pancakeswap
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Just search for pancakseswap online and register
Then go to your Trustwallet browser, type pancakeswap and link your wallet. It is not hard.
 
I like Binance, I even ditched my Coinbase account for Binance. Coinbase was my first crypto wallet and exchange but when I learned about Binance in the early 2021, I started using it immediately and I like it as it has a lot of features. These days I am also using Kucoin and it is almost similar to Binance, even the interface is similar.
 
Right now my trusted exchange is Kraken, although I also use others from time to time which are also quite good in my opinion, such as Coinbase, or on the other hand OKX or Bitget, in OKX you don't need to perform any KYC.
 
riberet19 said:
Right now my trusted exchange is Kraken, although I also use others from time to time which are also quite good in my opinion, such as Coinbase, or on the other hand OKX or Bitget, in OKX you don't need to perform any KYC.
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They have a huge min deposit on Kraken compared to any other platform, even higher than Gate Io min amount to credit the account is around 10 euros on Kraken.
 
Monster Masterpiece said:
They have a huge min deposit on Kraken compared to any other platform, even higher than Gate Io min amount to credit the account is around 10 euros on Kraken.
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Well, I don't look at the minimum deposit of a platform, I look at the security and stability of the site, it is the oldest exchange in the crypto ecosystem, it has low commissions for sales and withdrawals in fiat, and deposits in cryptocurrencies are not that high, just to buy cryptocurrencies you need a minimum of €10, but is fine for me.
 
Binance was the first exchange I got to know when investing in cryptocurrency, but over time it became difficult for me to use and had a lot of unnecessary functions, so I decided to switch to Bybit
 
deucher said:
Binance was the first exchange I got to know when investing in cryptocurrency, but over time it became difficult for me to use and had a lot of unnecessary functions, so I decided to switch to Bybit
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It is true so if the goal is just to pay an invoice in cryptocurrency then Binance has set a lot of security features to just send a payment to pay invoice in cryptocurrency, but if you could use another crypto wallet provider like trust wallet or exodus then it will be more simple.
 
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