Post
Topic
Board Trading Discussion
Re: Exchange rates: kraken vs. binance vs. p2p
by
Tstar
on 09/02/2021, 18:59:25 UTC
hi,
I see http://preev.com/ has different sources as input for the exchange rates, as far as I can see, kraken/bitstamp have better rates than binance or other p2p services including localbitcoin.

What's the catch?
If there is no catch but just a fact, why most of you recommend using binance for buying BTC?

thanks

Most people recommend Binance because it's a proven and stable exchange. I use it for most of my crypto to crypto trades.

Kraken is useful if you are EU based and you are dealing with fiat. They have SEPA withdraws with a 0.09 Euro fee.