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Hi guys,

I want to trade my VSL for BTC and then transfer the BTC to Kraken.

Which exchange can I use best to do this? Basically I have the choice between Liqui and Livecoin.

Most trading of VSL happens on Liqui, however I read that this exchange is not reliable when you want do do a withdrawal.
Another option is Livecoin, however I cannot find if this site is reliable when it comes to withdrawals and what the maximum withdrawal amount is.

Does anyone have any experience in trading VSL and can recommend me what to do?

BR

I withdraw from Liqui all the time and never had a problem. But the withdraw fee for btc is high compared to other exchange exchanges. I don't use Kraken but am sure they have ETH or LTC you could look into send alts and save of the btc withdraw fee from Liqui.

Is it safe to trade on liqui any of the tokens? I see some complaints coming up on the withdrawal side when the request is pending for a long time on the liqui thread.How is the current experience trading there and also it is safe when considering a few hacks being reported by users on their liqui accounts?

I have traded a few coins on liqui with no hiccup. Though i should add that went i said a few coins, i really meant it. total was under 0.2btc. Anyway, my withdrawal took a few hrs but my only complain is there fee. it's quite high compared to the other exchanges i use, thus the reason i stayed away after that initial use.

Agreed, they really have too high fees for withdrawing BTC and if you check ETH based tokens it's even higher for that.Compared to bittrex where the fees range from 0.1-0.5 for a token like HMQ, it's totally higher in the range of 3-5 HMQ in case of liqui.This is the reason I don't use the exchange for trading any new tokens.

That is why the big whales are not trading on that site and only the site developers and their bot is running on all coins because lot of time i have seen that only the bot is trading in the coins and you have to sell in lower if you want to sell your coin.