Opt for the safest exchange?

[Baofeng]

As users, we must also first look at their reputation, because nowadays it is easy to see reviews from other users whether the exchange can be trusted or not.

The user experience varies from person to person and location to location as well. For example, US people can use Coinbase without having any problems. But at the same time, I had the worst experience using Coinbase. Most of the people recommend Coinbase because of the reputation they have built in the last couple of years.

Yet, exchanges like Coinbase can scam some users as well. If you search on the internet about coinbase scams, you will find a lot of reports where people's accounts were banned, and their balance was frozen by coinbase and they never get replies from coinbase.

I also often hear that people report an exchange that has a good reputation, but for some users they experience something unpleasant.

So we also have to remain careful, because that doesn't mean they are completely safe. They also definitely have terms and conditions that apply and we also have to understand that. It comes back to ourselves because we definitely know what we can and cannot do to stay safe.

And it just shows that we have different experiences and not everyone would have given a exchange a 5 star rating as we have experience unpleasant on one exchanges and or the other hand, good on some wherein others felt differently.

So it depends on the individual, but I guess though that we an all agree that maybe Binance could be on top of the list of exchanges as personally, I don't have bad things to say. Regardless though, it's better specially if you are a newbie to have this kind of experiences so that you yourself knows first hand our everything works.

[God Of Thunder]

So it depends on the individual, but I guess though that we an all agree that maybe Binance could be on top of the list of exchanges as personally, I don't have bad things to say. Regardless though, it's better specially if you are a newbie to have this kind of experiences so that you yourself knows first hand our everything works.

I also think Binance is leading the CEX marketplace at this moment. Even though Coinbase has some popularity, I don't think they are popular enough like Binance. CZ had to leave the platform to maintain its reputation. If you ask me, I would rate Coinbase 2 out of ten, and Binance will get eight out of ten. I have had some bad experiences with Coinbase.

No exchanges are safe when it comes to storing crypto. Exchanges are not supposed to be for holding cryptocurrencies but to sell and buy cryptos. Most exchanges TOS are similar. So, no matter how much I support Binance. Some users was scammed by Binance as well.

[$crypto$]

Well, sometimes they also force themselves to keep registering and using the service even though the service is "banned in a country", so this is what causes problems, after that they say that they have lost money because their account has been restricted or even permanently banned.

As service users, we also have to be smart and not force ourselves. We have to be really smart in choosing, because at stake is money that might be lost.

Well I say something, in the future those sites like casinos and exchanges have to accept users who have VPN, because there will be talk of clients who are being lost and clients who are earning, now the regulations should be the same, because in itself what matters is that business can be done, and you can't be in a place where you have the yoke of regulations, why is crypto? If they follow the same rules of the fiat system, that is, third parties, banks, governments, everything, then what is the use, many will migrate to secure decentralized systems, and that Includes casinos and Exchanges , so before the business is lost they must do something.

I would rather say that their business will decrease rather than disappear, because in some countries they either do not provide services or they avoid those countries. Because to say that their business will disappear, in my opinion that is something extreme.

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

[milewilda]

Well, sometimes they also force themselves to keep registering and using the service even though the service is "banned in a country", so this is what causes problems, after that they say that they have lost money because their account has been restricted or even permanently banned.

As service users, we also have to be smart and not force ourselves. We have to be really smart in choosing, because at stake is money that might be lost.

Well I say something, in the future those sites like casinos and exchanges have to accept users who have VPN, because there will be talk of clients who are being lost and clients who are earning, now the regulations should be the same, because in itself what matters is that business can be done, and you can't be in a place where you have the yoke of regulations, why is crypto? If they follow the same rules of the fiat system, that is, third parties, banks, governments, everything, then what is the use, many will migrate to secure decentralized systems, and that Includes casinos and Exchanges , so before the business is lost they must do something.

I would rather say that their business will decrease rather than disappear, because in some countries they either do not provide services or they avoid those countries. Because to say that their business will disappear, in my opinion that is something extreme.

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

Each country does have their own set of rules and regulations on which everything which is running under their vicinity would really be needing up to follow on whats that been set out.
So it would really be that understandable that country restrictions would really be that different to each other on those platforms and its true that they arent that tending to avoid
to make profit or revenue considering that opening up borders or service in all countries cant really just that possible and as said this doesnt mean that they are really that decreasing
on revenue or really that weakened.

[$crypto$]

I would rather say that their business will decrease rather than disappear, because in some countries they either do not provide services or they avoid those countries. Because to say that their business will disappear, in my opinion that is something extreme.

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

Each country does have their own set of rules and regulations on which everything which is running under their vicinity would really be needing up to follow on whats that been set out.
So it would really be that understandable that country restrictions would really be that different to each other on those platforms and its true that they arent that tending to avoid
to make profit or revenue considering that opening up borders or service in all countries cant really just that possible and as said this doesnt mean that they are really that decreasing
on revenue or really that weakened.

Yes, because they are still opening services in many countries and there are only a few countries where they don't provide services. And from each country they still get very large business profits, so it could be said that they still make a lot of profit.

It is also quite difficult for them if they want to open services in countries they avoid, because apart from the regulations of each country, they also have regulations which have criteria that are suitable for them.

[Mr. Magkaisa]

There is a full list that can be found on the popular crypto site, I am a user of Phemex, Binance and Coinstore exchanges, no errors so far. Which is your choice?

         -  I just found out about this Phemex and Coinstore exchange. But I've been using Binance for a long time. I just noticed something in the coinstore, and I just looked and found out that it looks like it's a CEX platform, right?

Then what I noticed is that the APY will increase in terms of percentage; that's why I just don't know the coins listed there; that's why there are only 5 coins that can be selected, and there are four in the coinstore that I don't know, but their APY% will increase from 200%, 500%, and 913%. It really makes me think here's the link https://www.coinstore.com/earn/list?ts=1719058084545

[LUCKMCFLY]

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

In fact, one of the reasons why people will always look for casinos is to avoid transactions and comply with some taxes, in crypto it is about not complying with this, that is why issues like this always arise, but the VPN is so that they can access and play, I do not see anything wrong with it, of course the rules of many countries do not allow it, but come on, is crypto not made specifically to bypass these things? It is always better this way.

[$crypto$]

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

In fact, one of the reasons why people will always look for casinos is to avoid transactions and comply with some taxes, in crypto it is about not complying with this, that is why issues like this always arise, but the VPN is so that they can access and play, I do not see anything wrong with it, of course the rules of many countries do not allow it, but come on, is crypto not made specifically to bypass these things? It is always better this way.

It's true, initially the purpose of creating crypto was to be able to handle things like this, but the problem they also faced was people who had the power to do something they thought was right.

We also cannot deny that they (the government or something similar) are always afraid, because they can no longer have full control. On the other hand, we also want things like this, because we can feel financial freedom.

[LUCKMCFLY]

We also cannot deny that they (the government or something similar) are always afraid, because they can no longer have full control. On the other hand, we also want things like this, because we can feel financial freedom.

Well unlike many people on the forum, I have a clear vision of what all governments want, for me no one is saved, they all want the same, sometimes circumstances make us be irreverent with a government because as a citizen one discovers their true intentions, and they are not good, they are very dirty I would say, but starting from the problem of not being able to control Crypto, bitcoin and many other things, they look for a way to be able to do their thing, like being able to extort in some way, that is why I have that opinion about governments.

[$crypto$]

We also cannot deny that they (the government or something similar) are always afraid, because they can no longer have full control. On the other hand, we also want things like this, because we can feel financial freedom.

Well unlike many people on the forum, I have a clear vision of what all governments want, for me no one is saved, they all want the same, sometimes circumstances make us be irreverent with a government because as a citizen one discovers their true intentions, and they are not good, they are very dirty I would say, but starting from the problem of not being able to control Crypto, bitcoin and many other things, they look for a way to be able to do their thing, like being able to extort in some way, that is why I have that opinion about governments.

I still quite believe that in government there are still many people with good intentions, but the problem is that people with good intentions will lose to those with bad intentions.

Those who have authority and create rules or policies and do so based on their own interests. And if this is related to crypto, it can be seen that they really don't want what they have controlled so far to just disappear, because there will be many things they won't be able to get again.

[milewilda]

I would rather say that their business will decrease rather than disappear, because in some countries they either do not provide services or they avoid those countries. Because to say that their business will disappear, in my opinion that is something extreme.

In fact, the reason they ban certain users in a country is because it is the country's policy that makes them choose to avoid them. I can understand that because they also definitely want to protect their business.

Each country does have their own set of rules and regulations on which everything which is running under their vicinity would really be needing up to follow on whats that been set out.
So it would really be that understandable that country restrictions would really be that different to each other on those platforms and its true that they arent that tending to avoid
to make profit or revenue considering that opening up borders or service in all countries cant really just that possible and as said this doesnt mean that they are really that decreasing
on revenue or really that weakened.

Yes, because they are still opening services in many countries and there are only a few countries where they don't provide services. And from each country they still get very large business profits, so it could be said that they still make a lot of profit.

It is also quite difficult for them if they want to open services in countries they avoid, because apart from the regulations of each country, they also have regulations which have criteria that are suitable for them.

As  much as possible they would wanted up to open their doors on every country or simply having no restriction on which we know that revenue or profits could really be that higher which is really that understandable but just like been said that each country would be having their own laws or regulations and this is why these platforms would really be needing up to comply at least.
SAfest exchange wont really fit out on users POV because we know that anything on which you dont poseess the keys would really be having that imposed risks when it comes to your coins
plus having that potential lock up too with those funds, So better to considero out those risks,

[$crypto$]

snip

As  much as possible they would wanted up to open their doors on every country or simply having no restriction on which we know that revenue or profits could really be that higher which is really that understandable but just like been said that each country would be having their own laws or regulations and this is why these platforms would really be needing up to comply at least.
SAfest exchange wont really fit out on users POV because we know that anything on which you dont poseess the keys would really be having that imposed risks when it comes to your coins
plus having that potential lock up too with those funds, So better to considero out those risks,

As users, of course we have to consider the risks if we want to use platform services that are not available in our country, especially if it involves our large assets, so it is better for us to avoid these risks. Even though we can open services with VPN, the risk will be much greater too.

As users, we have to be really smart in deciding which one is good for us, so that we don't regret it in the end.

[bounceback]

As users, of course we have to consider the risks if we want to use platform services that are not available in our country, especially if it involves our large assets, so it is better for us to avoid these risks. Even though we can open services with VPN, the risk will be much greater too.

As users, we have to be really smart in deciding which one is good for us, so that we don't regret it in the end.

Its important point when using the exchange service available or not accessing without use VPN, currently many exchange get banned or suspend in my country when accessing trough my local IP.
I think big problem for user with mobile phone have install the VPN application will make their phone not secure yet because many kinds of important application in their mobile phone must using local IP.
I think all exchange need regulation from every country how to make their user not require using VPN when opening the exchange market website.

[taufik123]

As users, of course we have to consider the risks if we want to use platform services that are not available in our country, especially if it involves our large assets, so it is better for us to avoid these risks. Even though we can open services with VPN, the risk will be much greater too.

As users, we have to be really smart in deciding which one is good for us, so that we don't regret it in the end.

Using a VPN to unblock the exchanges we want to access needs to be reconsidered, especially since the Exchange account used has quite a lot of assets.
It will be more dangerous, especially if the VPN used is a free VPN, Cookies can be intercepted and used by other people.

I better avoid exchanges that are completely blocked by ISPs in my country.
But some Exchanges in the Website version are indeed blocked but can still be accessed through applications such as Binance, Bitget, OKX, etc.

As a user, we must be smarter, because carelessness will make our assets disappear.

[$crypto$]

As users, of course we have to consider the risks if we want to use platform services that are not available in our country, especially if it involves our large assets, so it is better for us to avoid these risks. Even though we can open services with VPN, the risk will be much greater too.

As users, we have to be really smart in deciding which one is good for us, so that we don't regret it in the end.

Using a VPN to unblock the exchanges we want to access needs to be reconsidered, especially since the Exchange account used has quite a lot of assets.
It will be more dangerous, especially if the VPN used is a free VPN, Cookies can be intercepted and used by other people.

I better avoid exchanges that are completely blocked by ISPs in my country.
But some Exchanges in the Website version are indeed blocked but can still be accessed through applications such as Binance, Bitget, OKX, etc.

As a user, we must be smarter, because carelessness will make our assets disappear.

Yes, don't let it happen that just by wanting to use a service, we force ourselves even though it is prohibited in our country and there are still many similar services that we can still use, so we don't need to force ourselves.

It is better to prevent than to cure, and it is better to avoid something that has a big risk than to have problems with that risk. We can be alert to something from the start.