The cryptocurrency exchanges I use
Choosing a quality cryptocurrency exchange can be a difficult task because you have many things to consider. This cryptocurrency exchange guide will help you choose a quality exchange. Trust is a VERY important factor when using centralized exchanges (they are the large majority), KYC or 'know your customer' regulations, country limitations, country regulations, fees, and so on. This can be quite an annoyance and a real pain in the ass. So, I decided to write up this article about the exchanges I use and why.
ALWAYS REMEMBER! Only keep funds in the exchange wallets for AS LITTLE TIME AS POSSIBLE! We have seen hundreds and hundreds of millions lost to hacks. If you are not in control of the private keys, you are not in control of the funds. I absolutely CANNOT stress this enough! I would hate to hear more stories of people losing all of their crypto to another hack.
Binance
The first exchange on my list, and my primary means of exchange, is Binance. Binance does NOT require KYC for their entry level account which is a huge plus. With that account you are allowed to withdrawal up to 2 BTC every day which is more than enough for most people.
In addition to getting around KYC, Binance is also one of the most popular exchanges in the world today. They feature some of the highest volumes in the world, which means more liquidity. The more liquidity the better. I don't want to wait hours for a trade to go through, do you?
However, like many exchanges, there are still negative sides. The main downside being that there is no fiat-to-crypto on ramp for U.S. customers on their main exchange (there is one on Binance.us, but they don't offer nearly as many trading pairs as the real Binance).
If you do not have a Binance account, use my referral link and receive 5% back on ALL of your trading fees! This adds up people! You can only receive this deal through referral links too!
https://www.binance.com/en/register?ref=DJGYEU54
KuCoin
Coming in at number 2 is Binance's little
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Nice presentation of the Exchange, I have been using binance for years and find It very good
It's my favorite as far as centralized services go. A lot of Americans are under the impression you can't use Binance as well. Which is only true if you submit the KYC. 😉 Haha
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