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RE: Banning Bittrex for good : My new options are Cryptopia, Bitshares and Coss.io. What do you think?
My suggestion is to use Binance, it has 50% cheaper fees than Bittrex and lists all the exciting coins. Additionally you can reduce fees by another 50% if you use the BNB token. It's a really good deal, and a lot less crappy than Cryptopia.
I heard briefly about it, I'm going to check this right now =)
Is Cryptopia a crappy exchange for you? If yes, why? haha
I never felt safe on cryptopia.. they have terrible security features. Back when I traded on it (shortly) lots of people got funds stuck and some people got their accounts hacked. I don't think they have 2FA even? The volume that goes through is very low too, which makes it easy for whales to manipulate price. I was glad to be done with it tbh.
I undertand yes. I managed to put 2FA at the end yes.
Regarding the volume I agree it's very low. I keep Binance in mind and wait for news from China =). Thank you for sharing your experience my friend
I just saw it's from China. I think I would wait until their regulations are clear and not controversial anymore =)
Otherwise seems a good one. I checked HitBTC, there are terrible reviews about it and apparently it has been hacked not long time ago. Liqui have terrible reviews too. Same for Yobit. Arrgg
It's based in Hong Kong actually, which has different laws and regulations from China, but still is under the influence of China in some ways.
My recommendation is to keep funds in your wallet. Then when you're ready to trade, temporarily move to exchange, then move back into wallet. This is why withdrawal fees are such a big deal, because moving it back into wallets gets expensive.
From my perspective, my funds have about as much chance to be seized on a US exchange (due to new regulations) like Bittrex as they are on Binance. I trust neither. If you look for reviews on Binance though it's pretty much all positive.
It's crazy to not trust any of the exchange like this but still don't have a real choice. Can't wait for the DEX to rise up
Me too!