Re: 10 Best Cryptocurrency Exchanges for Crypto Trading in 2019
Now more and more new exchanges have sprung up and many of them offer benefits to traders but I don't believe much in them I only use binance and bitrex as the most convenient trading places
I had one of the worst experience with Bittrex. Back in 2017, Bittrex was my favorite choice and I mostly used it for trading but from July 2017 they made it necessary to do KYC in order to trade. For personal identification they provide three choices, Passport/National Identity/Driving Licence. I didn't have Passport so I firstly filled National Identity but they denied. Then I filled KYC application with Driving Licence but they denied me again. I had 0.22 BTC worth of coins on my Bittrex account, even after series of support tickets nothing happened and still to present day my money is stuck in Bittrex. Now coins only worth 0.023 BTC.
I don't believe on the ranks for crypto currency exchange because it simply based on trading volume I think but it doesn't alone make the exchange better,there are even small new exchange also have better trading experience.
They may provide good trading experience but I would still prefer big exchanges. Back in December 2017, COLX coin multiplied 72 times. I had done translation for COLX and got around 0.02 BTC which became 1.4 BTC. I deposited my COLX on exchange named CoinMarkets and a day later exchange went offline. After 2-3 months of ambiguity CoinMarkets turned scam. From that day I swore to never use an exchange having less than $10M volume.