Hey.
Is it safe to exchange big amounts on non-custodial exchangers like changelly or shapeshift, or are they designed for small transactions?
I'm a newbie and I want to know if it's safe. Also, I want to know if it's safe to exchange crypto on classical exchanges like binance.
I would like to Kucoin rather than Binance exchange. I use this exchange more than two years. I aslo use Binance, Hitbtc, Bittrex, ForkDelta, Latoken, Bit-z, whitebit.com and also more exchanges.
Whitebit is quite a new exchange, it's hard to trust them with big amount of money although they have a decent volume now, honestly, I just recently heard of that exchange and I would not trust it for big amount.
When it comes to trading with big money, let's not take chances, it's better to trust bigger and old exchanges with our money, and those exchange should be regulated exchange so they will give a client protection as they monitored and regulated by the authority.
Whitebit exchange is somehow being shilled out over this forum specially into this altcoin section.I don't even see a reason why would I consider on using up this exchange even to those newbie ones should really avoid these exchangers yet there were lots of better options or simply trade or use those top tier exchange to avoid all the possible headaches you would able to experience.Talking about changely and shapeshift these are instant exchanger and its not possible for you to store up big amounts.Hence, there are specific limits on how much amount you would able to convert on and also shapeshift do already had that KYC that's why lots of users move out to other service.