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RE: Bitcoin (BTC) Evening Update: Is Bitcoin now Phasic with Bitcoin Cash? Check out this Analysis!!

in #bitcoin7 years ago (edited)

I would always prefer that you find out for yourself how comfortable you are with an exchange. I hear so many different things about different exchanges, it really dirties the waters. I've have good experiences there....avoid the trollbox, it's called the trollbox for a reason. I go there to try and help people sometimes and try to get them to sign up for steemit to be part of the discussion if they are real people not trolling "buy this, sell this, pump coming"

They are backed well from what I have read, but please research that stuff yourself, and if you find anything damning, please do let me know....I haven't yet.

The have a HUGE ICO market.....I don't like that, because it attracts alot of uninformed traders....so again, avoid the trollbox. But they do offer new pairings all the time. Probably at least once a week. They are growing fast too. Volume used to be a huge issue on some coins, but it's much better now.

They allow (or don't stop) bots, which is annoying, but it doesn't change the market much.

One cool feature is in the top right you can re-arrange the whole page layout however you like it, and they feature their chart or you can switch to Trading View charts.

I really like Binance too. They are similar experiences with different looks and tools. But they both have contests, coin drops, add pairs regularly, the software just works the way it's meant to, and their wallets are super fast.
And both seem really interested in providing the users whatever they want added to the platform, but don't release things without proper testing etc.

Binance is even moving their servers out of China to keep their clients no matter what China does.

Hell, I just saw hitBTC has a referral program, if you want to, sign up under my account: https://hitbtc.com/?ref_id=5a1163eb5aa59

If not, just go to https://www.hitbtc.com and check it out.

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Many thanks for the details. And don’t worry. I was after your views but I would certainly not join without investigating myself first.

I tend to use the major exchanges but have had bad experiences with Poloniex so I’m looking at other options.

I also don’t trade too much as I don’t like leaving coins on exchanges as I don’t fully trust them (I lost a bit in the Mt Gox fiasco). I prefer to transfer in, sell and withdraw! Makes life more difficult but I’m happier.

Thanks again, I’ll take a look and use your link if I decide to join.

Honestly, going to wallet forces you to be patient! That's usually a good thing!

I agree. And I dont trust exchanges fully. But transferring back and forth is slow and can be expensive. I trade slowly so it works but if you want to be more dynamic, it’s not really viable!

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