Poloniex vs Bittrex vs Binance vs Changelly
CryptoCurrency Exchanges
I created an account with Poloniex and Bittrex in 2016 but never used Bittrex up to this day.
Here's why:
I am always on mobile.
#Bittrex is NOT mobile-friendly. I couldn't find the selection of 190+ cryptocurrencies mentioned until I login and it is still difficult to navigate when logged in.
#Poloniex is MOBILE-FRIENDLY, the list of cryptocurrencies is in ALPHABETICAL ORDER and #Dogecoin is listed which makes it my favorite (I use DOGE to withdraw/transfer from exchanges because of low fee).
I created an account with Binance and Kucoin last year but haven't explored the latter.
#Binance is mobile-friendly and there is an app. I love it!
BUT... the list of cryptocurrencies is NOT in alphabetical order and Dogecoin is not listed to date. I don't like it.
Minimum trading amount and withdrawal fees are higher than Poloniex.
We CANNOT maximize "sell" amount not like Poloniex. 0.00999999 and below are always left on our Binance wallets. Do you like it? I don't! But, there are coins that are not available at Poloniex and available at Binance (i.e. #XVG, #EOS, etc.) vise versa so... "NO CHOICE". LOL!
I read that Poloniex has low reputation but for mobile user like me, it is still the BEST! I use it to buy/sell some altcoins except STEEM and SBD (@blocktrades is more CONVENIENT when buying Steem Power (SP) and cashing out STEEM and Steem Dollar (SBD) via #SteemConnect).
Others recommend #Changelly but see my mobile screenshot below:
Well, that's all for today folks!
Poloniex is indeed the best for mobile, but be warned : there are literally TONS of complains for missing deposits/withdrawals, all over reddit. And if by bad luck you will need support, some tickets go back as 6months+!!
Thank You!
So far I haven't experienced missing deposits/withdrawals since 2016. So I am also thinking maybe I am just lucky or maybe some people didn't double check if the wallet is available or "temporarily unavailable" before making deposits or maybe some people put a wrong withdrawal address or maybe it depends on which currency we are depositing/withdrawing. I don't know (^_^) Oftentimes I only deposit BTC there for buying altcoins.
Binance Binance Binance! 😂
Subukan ko transfer STEEM sa Binance para may maipost na comparison soon 😂
thanks dear for providing this as I wanted to know more about bittrex
Bittrex is used by many for CRYPTO TRADING but to cash out STEEM/SBD in your local currency @blocktrades is the best :)
@pinay thanks again dear 💜💜💜
Good Job Fri...
Another very informative content relating to cryptos di i need to have an account in one of those, i heard too much about bittrex and i see a lot of steemians using it.
By the way do you recommend to have an account in blocktrades? I just use it but i did not create an account.
No need to create acct with blocktrades (kaya very convenient talaga sya for Steemit cash out) but if you want to it's ok too so that blocktrades could keep back up records of your transactions/keys if you want to buy another or anonymous accounts. In case we lose our keys, blocktrades could help us recover our other account(s) if we LOGGED IN and created/bought it thru them.
Unlike blocktrades, we need to create account with Bittrex and other exchanges if we want to buy/sell altcoins i.e. #Burstcoin, it is only available at Poloniex so we have no choice but to sign up at Poloniex. And if you want to buy/sell #EOS (STEEM competitor as per Ned hehe) it is not available at Poloniex so you have to create account with other exchanges that support it i.e. Binance (I forgot if it is available at Bittrex) :)
Most Steemians who buy/sell STEEM/SBD thru Bittrex are CRYPTO TRADERS. They sell STEEM/SBD to BTC or ETH or Monero or USDt etc. -- not intended for immediate cash out in dollar or peso, etc :)
If you want to invest in BNB currency you can create account with Binance and transfer STEEM (not SBD) to @deepcrypto8 (@binance-hot) to SAVE fee because BlockTrades does not support BNB :)
Magkakaroon na po tayo local exchange - #CX pero 5 digital currencies pa lang supported: Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple. Gusto ko mag ipon BCH kasi maganda ROI predictions na nababasa ko :)
Coins mentioned in post:
Excellent, information-rich reviews of exchanges can be found here:
Binance Review: https://cryptototem.com/binance-review/