Discussion, what is your favorite crypto exchange right now, and why? Which do you see moving in the right directions, and which the wrong ones?steemCreated with Sketch.

in cryptocurrency •  8 months ago

I've seen so much with huge exchanges having issues, that I'm just curious what people feel are the best ones right now, and what you are looking forward to in the future?

Currently I am using Binance, Kucoin, Coss, and GDAX/Coinbase.

Obviously Coinbase/GDAX for the reliability and FIAT exchange, Binance for the huge amount of trading pairs, and Kucoin for the rest of the trading pairs and hedging some bets. Coss because I think it will be huge in a few years, and I love the idea of the dividends from their coin. Kucoin does something similar, but are much more sketchy/unreliable about it, and have reserved the right to cut the dividend to 15% of trading fees from the 50% they have right now. Coss has a constant 50%.

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Cool Post. Since you got the bitcoin tag do you have a prediction for Bitcoin over the next few days? Also followed you for future posts :)

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I think we're currently finding a new steady level, been testing highs and lows. I don't see it going below 11k for more than a tiny dip again in the near future (like minutes, maybe an hour below 11k) and we should see some nice spikes. My goal is to do some day trading with it, and hopefully do some sells around 11.7k-12k, and buys around 11k-11.1k.

Obviously this relies on no significant good or bad news. Some country adopting/banning crytpo can always cause some weirdness.