BITFINEX Status Bitfinex is one of the major players te the exchange spel, but took a hard kasstuk recently.

Wij recently discussed Bittrex vs Binance and got many emails te regards to that postbode. Many people asked us to review other exchanges spil well, but hey – this a can of worms merienda you open it. There are many truly shitty exchanges with low volume and liquidity, why bother with them? Wij don’t feel any groove ter testing those lame guys. Instead wij want to compare Five high volume exchanges ter this postbode. Exchanges with an contemporáneo amount of assets (not just $BTC, $ETH and $LTC), exchanges where you can trade the altstem markets and where your orders are likely to get packed. Of course this list is not finish, it is just a pick of the top Five. Let’s take a look at each of them under the microscope.

Related movie: Cryptopia Exchange Review & Referral Verbinding


Table of Contents:

BITTREX

Status

It is not keen to say that Bittrex is the dinosaur of all those crypto exchanges, compared to the FX world they compare well to IG Markets. It is the status quo for many traders and their selection of trading pairs is top notch – they are very picky ter their selections of the tokens / coins they let ter (and expensive by the way: They charge 5K USD just for reviewing your token / coin ter terms of compliance and another Trio BTC to highlight it) and are very well setup with overheen 270 assets. Wij assume that this is the reason, how Bittrex achieved their market leader status, spil the tech can’t be it. Bittrex has a good liquidity and they seem to have the largest user colchoneta, unluckily their tech stands way behind their growth. They are obviously pros when it comes to fresh coin listings and gathering the needed liquidity to trade them. If the volume for a particular coin dries out, they delist it. They do clean work te having a zindelijk asset portfolio.

Toneel Features

Spectacle issues, lagging charts, ect. Recently they are often under DDOS attacks and they do their thing to stay up, however the podium takes a klapper and recently the problems with lagging transactions and order execution times enlargened. The fees with 0.25% are pretty steep but most traders seem to be ok with it to pay them, so shrug.

Te terms of innovation and progress of their toneel, they seem to be te a “consolidation phase”, for years now. Their “lab” doesn’t offerande anything working, beside the Auto-Sell Feature, which is not relevant for the usual trader. The profit/loss rekenmachine would make a gam up if they everzwijn release it. The API works well, but wij hear often that the orders executed via API are queued behind the rechtstreeks orders on the podium.

There are no official apps for Bittrex available.

The charts provided are ok and supply with the basic trading devices like some indicators, drawing opportunities, ect. However, you will have to redo everything with a refresh, spil thus are not saveable. One of the thickest disadvantages is that you can only waterput a zekering loss or a take profit order but not both at the same time, something urgently needed and quickly adopted by Binance. The order books are working good and you can review the buy/sell walls for the current sentiments.

Related movie: iCenter.co – Helping You Earn Commissions


Verification Process & Support

If your account is not yet te enhanced verification mode, wij urgently recommend to do so, spil Bittrex is known for freezing accounts. Despite the fact also enhanced accounts can be frozen, you are a bit more on the safe side by doing this better now. This can take some time, spil many have experienced. Their support is permanently shocked and reaction times of up to Two weeks are not uncommon.

Related movie: Curso den TRADER na POLONIEX no meu Tunnel RENATO EVANGELISTA


BINANCE

Status

Binance has bot one of the most successful exchange – ICOs. They created the BNB token, which can be used on their verhoging to pay the trading fees. They are fairly fresh but let the competition eat dust by permanently adding fresh features – here wij can see a thriving community and customer-focused exchange. Yeah, it pays if you don’t sh#t on your customers and sell it to them spil fancy hat. Wij would love to see the growth rate of Binance, it voorwaarde be exploding. The fees of 0.1% are some of the cheapest around and can be further diminished by using BNB.

Podium Features

Beside a confusing UI, the tech by Binance is top-notch. Quick order execution, onveranderlijk progress and a constant stream of fresh features – very nice. Recently they added the feature of zekering loss and take profit limit orders – both can be set at the same time. Furthermore they offerande a solid working app and a neat desktop contraption, that brings back some Metatrader feeling. Good stuff, just the user interface should be polished and reorganized to attract more novice traders spil it can be difficult if you are not experienced. Binance offers advanced charting contraptions and several styles. The charts don’t liggen and react quick. A cool thing is that you can use your BNB funds (the presente Binance coin that has bot sold on the ICO) to pay the trading fees. By doing this, the fees get a 50% discount from 0.1% to 0.05% – which is the ultimate overeenkomst. With the growing success of Binance it might be a good idea te genérico to hold BNB, why not using it for the fees? You can see how well planned this project is. Their active reddit community permanently requests features, and guess what – they do care about it!

Verification Process & Support

The verification is plain and simpl explained on their webpagina, but if you don’t project to withdraw more than Two BTC daily, you can stay unverified. The staggered levels increase the possible daily payout amount. The verification works prompt if you provide zindelijk documents and the support has bot one of the fastest te our test – wij got a reply time of under 1h.

Related movie: Top Two Ways to Buy DASH te 2018 (Poloniex.com + Jaxx via ShapeShift)


BITFINEX

Status

Bitfinex is one of the major players ter the exchange spel, but took a hard succesnummer recently. Their dollar-pegged USDT Tether currency (Read here about the connection inbetween Tether and Bitfinex) had some bad press and is even said to have a massive negative influence to the entire cryptocurrency world (read here spil well), spil they print it of lean air (it is not truly Fiat backed). Additionally they got hacked big time ter the past and seem to be loved by hackers spil target for cyberattacks. With just a mere 60+ assets the suggesting is not truly taunting to trade there if you are an active day trader. Bitfinex fees are based on a Make / Taker calculation, where you get rewarded if you add liquidity (buy going long) with low fees, based on your overall trading volume within the last 30 days (inbetween 0.1% and 0.0%). For taking money out (by going brief) you pay 0.2% – 0.1%, also calculated based on your trading volume. See the utter specimen here.

Toneel Features

From the tech-side Bitfinex has something to suggest. They use the charts by Tradingview, which leaves no wishes open – they are the best you can get chartwise (check the Bittrex Guide on how to apply Tradingview charts for Bittrex). The API shall work nice and but is limited to 60 requests vanaf minute / IP. With the excellent charts by tradingview you can’t go wrong with Finex, the order book however is reported to be spoofed sometimes (read here or here). Beside the usual market orders, Bitfinex offers margin trading spil well spil lending and OTC (off-the-counter) trades. What makes a big difference to Bittrex for example is that Bitfinex offers Fiat deposits and Fiat trading pairs, which means you deposit for example USD or EUR and trade the markets against this currencies. Bitfinex offers Zekering orders, Zekering Loss orders and trailing stops. If the toneelpodium is not under one of the many DDOS attacks it works pretty flawless.

Verification Process & Support

The verification process is quiebro extensive – from habitual document obedience to the entire KYC program, Bitfinex makes use of everything until you get your account verified totally. Our account took Three weeks to verify. The support is very slow and took right about Three weeks to response our test request.

Poloniex

Poloniex is quiebro popular and overall a good verhoging to trade. The US-based exchange embarked te 2014 and gained ter liquidity and volume. The major advantage of Poloniex is the very good selection of altcoins. Beside that the podium has bot hacked fairly a few times and had bad press with frozen accounts, disabled markets and postponed withdrawals. However, it is fairly positive that they fully refunded their traders, that have bot affected by a minor security breach. Poloniex fees are based on a Make / Taker calculation, where you get rewarded if you add liquidity (buy going long) with low fees, based on your overall trading volume within the last 30 days (inbetween 0.15% and 0.00%). For taking money out (by going brief) you pay 0.25% – 0.05%, also calculated based on your trading volume. See the total proefje here. Poloniex does not support Fiat deposits and trading pairs and trades the available coins against BTC, USDT, ETH and XMR.

Trading Podium

Poloniex has good charts with some technical analysis features. The verhoging works solid and is used by many people for their good buy/sell walls and order book feature to get a realistic impression about the trader sentiments. The code for the trading interface is executed client-side, which means it is open-source and can be examined for extra trust. The exchange offers margin trading and lending services. Despite the challenging task to keep the UI elementary with more and more assets, they managed to do it well, so you don’t get lost. Poloniex offers basic zekering loss support

Verification Process & Support

Poloniex uses an automated verification system, which works quick for us. Unluckily unlike the support which has bot slow on this exchange spil well.

Related movie: NOBL – Trading Noblecoin on Poloniex – March 25/17


Openbreken

Status

Losbreken is a major exchange, often used ter Europe and also ter many other parts of the world. Beside onveranderlijk technical problems with the toneel it has good liquidity and very low fees. For many traders it is the very first address when it comes converting fiat to crypto and versa vice. Fiat can be deposited with Euros, Japanese yen, US dollars, Canadian dollars and British pounds, where Euro, Canadian dollar, and Japanese yen can be deposited without any fees others are charged with a $15 toverfee for each deposit. The contemporáneo fees are Maker/Taker based spil well, but are on the lower side (Maker: 0.16% – 0.00% / Taker: 0.26% – 0.10% – See the finish list here). With an overall amount of 45 pairs, the exchange has not much to suggest asset-wise. Due to its unhandy interface The investor-funded project Openbreken got a reputation spil the “Nerd – Exchange”. Transparency is a topic for Openleggen and they have bot very first with their proof-of-reserves auditing.

Related movie: Ethereum Future Prediction ��ETH $650 | Trade Crypto Like A Boss – Cliff High – #1 Bitcoin – Patreon


Trading Toneelpodium

The podium of Openleggen is one of the most ugly wij have seen. Even experienced traders often have to find their way through this. The toneel is well-known to be famous for its slow and buggy order execution, sometimes the orders fail entirely, sometimes they are executed 30 seconds zometeen – which obviously can be critical with the rapid moves te cryptoworld. The toneel offers leveraged margin trading.

Verification Process & Support

Openleggen takes it very serious and therefore the verification process can be a agony – and it takes ages unluckily. Support is also not indeed edging and took finta long to reaction.

Leave a Reply

Your email address will not be published. Required fields are marked *