Howdy,
I've been using one for a couple months now and it's given no reason to mistrust it. But it seems weird to me sending my money to an intermediary that's neither a wallet nor a bank and is entirely online. Feels like the money is hanging out in some nowhere zone that isn't completely under my control...
Dies any one else feel this way or do I just not understand this stuff well enough yet?
Thanks!
Not every BTC exchange is already trusted, there is only few exchangers are known here like Yobit, Bit-X, Coinbase..this are trusted and have many positive feedbacks from people, so we can use them for exchange between currencies and Bitcoin
To add to that list i would add also poloniex,
For now it is trusted enough and has good volume of alt coins.
If you have ever heard about bter then stay away from it as people are having issue withdrawing their bitcoins.