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Ask HN: Best Exchange to Trade Cryptocurrency

7 pointsby kennethologistover 7 years ago
Hello HN,<p>What are the recommended Cryptocurrency Exchanges for USA Citizens and Non-US citizens to trade Bitcoin, Ethereum, Litecoin, Monero etc?<p>Please include brief pros and cons as to why the exchange is being recommended.<p>Thank you

7 comments

psycover 7 years ago
For variety of coins, Bittrex. You can also open accounts on various smaller exchanges that list specific niche coins.<p>For comical leverage on the big coins (up to 100x) there&#x27;s Bitmex. You&#x27;ll need to sneak in through a VPN if in the US.<p>For fiat onramps, Coinbase, Gemini, or Bitstamp. Avoid Kraken at all costs, unless you really hate yourself. You have to roll a Natural 20 to have an order succeed there.
nathanasmithover 7 years ago
I&#x27;m not affiliated with them but I like Bittrex. The main thing I like over some other exchanges I&#x27;ve used is the volume. Having good volume for any coin you are trading is important otherwise you end up competing with bots making it very hard to get a fill. Other things I like is very little down time, lots of coins, a decent if not stellar interface, and a good API.<p>In the cons I wish they would add new coins faster though they seem to be picking up the pace lately. That&#x27;s about it. All in all, I&#x27;m happy with them and would recommend.
existenceboxover 7 years ago
I&#x27;ve been stunningly disappointed by GDAX.<p>to put it briefly, their support left me hanging with a nonfunctional account for 2 months now due to bugs in their site, and have simply stopped responding to tickets.<p>I would not recommend anyone use a financial service with that level of disregard for their customers.
nrashid7over 7 years ago
Bittrex, currently the largest cryto exchange with a lot of altcoin selection. Coinbase, if you&#x27;re looking to just trade bitcoin, Ethereum and Litecoin
nxsynonymover 7 years ago
I&#x27;ve enjoyed Gemini<p>low fees, easy set up, has good member service (in my experience)<p>only real cons is that it only allows you to trade btc and eth, no ltc or other alt coins.
chriskedover 7 years ago
Coinbase for Bitcoin, Ethereum, and Litecoin.
koanconeover 7 years ago
Coinbase seems to piss me off. They have obscure ID &#x2F; KYC verification requirements that change with the level (monetary value) of your transaction. After I opened my coinbase account I sent them an email asking what specifically I needed to submit have my account <i></i>fully<i></i> authorized for an arbitrary value transaction. I resent being requested a different document everyday. They never replied to the email so consequently I never used the account.