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Author Topic: Which exchange is more popular currently?  (Read 9203 times)

Offline Manna

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Which exchange is more popular currently?
« on: July 30, 2024, 06:13:57 PM »
Which exchange is currently more popular worldwide?  Binance is definitely for me.  Which expansion do you like and which one do you feel better using?  I feel very comfortable using Binance and its settings and its functions seem very easy to me.

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Which exchange is more popular currently?
« on: July 30, 2024, 06:13:57 PM »

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Re: Which exchange is more popular currently?
« Reply #1 on: July 30, 2024, 06:24:38 PM »
Do you means centralized exchanges.

You can check this website for spit trading exchanges: https://www.coingecko.com/en/exchanges
This for derivative exchanges: https://www.coingecko.com/en/exchanges/derivatives
This for web3: https://www.coingecko.com/en/exchanges/decentralized
This for no KYC exchanges: https://kycnot.me/

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Re: Which exchange is more popular currently?
« Reply #1 on: July 30, 2024, 06:24:38 PM »

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Re: Which exchange is more popular currently?
« Reply #3 on: August 04, 2024, 08:30:26 PM »
I don't know if the discussion is focused exclusively on traditional exchange platforms, the OP didn't emphasize anything.
I certainly wouldn't rule out https://exch.cx/, which is slowly taking a serious place in exchangers ground.

Quote
At this point eXch remains:

The centralized non-KYC exchange #1 with daily trading volumes approximating at 150-200 BTC (which indicates a top-30 or even a top-20 rank in centralized exchanges)
The centralized non-KYC exchange #1 with the on-chain capital estimating at ~15.000.000 USD (now with a proper support team also)
The only fully non-KYC exchange with genuine and authentic on-chain trading data and volumes being continuously ignored on purpose by CoinMarketCap, CoinGecko and DefiLlama because their holders believe privacy is a crime, even that they perfectly know that their market data and statistics are incomplete without exchanges like ours.
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Re: Which exchange is more popular currently?
« Reply #4 on: August 04, 2024, 09:10:40 PM »

the popular exchanges before 2017 had already been buried in the exchange rankings  and some even filed bankruptcy.  binance has the advantage since they were popular before 2020. binance is not following those popular exchanges that ends up not competing the new ones, i still can see binance ads which they still grab the new crypto users despite their are sanctions against the exchange on the countries they operate without license.

even when binance was blocked, there are users still keep using binance. there are just users not open to submitting KYC to other exchanges.

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Re: Which exchange is more popular currently?
« Reply #5 on: August 05, 2024, 10:25:52 AM »
^ People have trust in Binance that they find it hard to put elsewhere.

In India Binance was blocked for lack of compliance, and hence Binance.com is blocked on most of Indian ISPs — I can access it on my local WiFi provider but not on sim Internet (and apparently, binance.in domain redirects to completely different website altogether), also their app has been removed from play store but those who already have app can freely use it.

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Re: Which exchange is more popular currently?
« Reply #6 on: August 07, 2024, 02:03:51 PM »
^ People have trust in Binance that they find it hard to put elsewhere.

In India Binance was blocked for lack of compliance, and hence Binance.com is blocked on most of Indian ISPs — I can access it on my local WiFi provider but not on sim Internet (and apparently, binance.in domain redirects to completely different website altogether), also their app has been removed from play store but those who already have app can freely use it.

Binance is a go-to solution, however, I myself stick to OKX. It's faster for me and more convenient, in my opinion.

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Re: Which exchange is more popular currently?
« Reply #6 on: August 07, 2024, 02:03:51 PM »


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Re: Which exchange is more popular currently?
« Reply #7 on: August 07, 2024, 02:36:00 PM »
Binance is a go-to solution, however, I myself stick to OKX. It's faster for me and more convenient, in my opinion.
There are others like Bybit, Bitget, BitMart and some others that are good for spot and derivative trading. Binance and OKX are also good but there are many other options to go for. But these are centralized exchanges. Go up and click on the link that I posted to see the ones for decentralized exchanges, non KYC exchanges and Web3.

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Re: Which exchange is more popular currently?
« Reply #8 on: August 09, 2024, 03:33:04 PM »
Which exchange is currently more popular worldwide?  Binance is definitely for me.  Which expansion do you like and which one do you feel better using?  I feel very comfortable using Binance and its settings and its functions seem very easy to me.
Buying cryptocurrency requires an exchange platform through which we can buy cryptocurrency. If I look at a recent list of good exchanges, Binance is not ranked high. Currently Kraken, Gemini, Crypto.com, KuCoin, Coinbase these crypto exchanges are placed ahead in the ranking. And this ranking has Forbes Advisor ranking these exchanges top for both newbies and veterans. Although I personally use Binance and Kucoin. I love both of these exchanger interfaces and features. These two exchange platforms are quite effective for both a novice and an expert trader.
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Re: Which exchange is more popular currently?
« Reply #9 on: August 09, 2024, 05:53:13 PM »
I don't know if the discussion is focused exclusively on traditional exchange platforms, the OP didn't emphasize anything.
I certainly wouldn't rule out https://exch.cx/, which is slowly taking a serious place in exchangers ground.
Their only drawback is that they have a small range of supported cryptocurrencies. They are a good option for those who want to exchange Bitcoin to stablecoin or Monero, but the number of supported tokens is very small.

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Re: Which exchange is more popular currently?
« Reply #10 on: August 09, 2024, 06:35:34 PM »
Why does it matter what crypto exchanges are popular?
Using something only because it's popular and other people are using the same thing is sheep like behavior and repeating the same thing.
Majority with their herd mentality is usually wrong about anything and they are just following the latest trend in everything.
It's much better to use and support decentralized exchanges with self-custodial wallets.
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Re: Which exchange is more popular currently?
« Reply #11 on: August 10, 2024, 03:35:50 AM »
Why does it matter what crypto exchanges are popular?
Using something only because it's popular and other people are using the same thing is sheep like behavior and repeating the same thing.
Majority with their herd mentality is usually wrong about anything and they are just following the latest trend in everything.
It's much better to use and support decentralized exchanges with self-custodial wallets.

Popular implies that many people are using the exchange and that could possibly be so because the exchange is providing good service. If what is popular works fine, why should one go elsewhere?

You mention decentralized exchanges and non-custodial wallets, will you go for wallets like mycellium/electrum which are popular and trusted or elsewhere?

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Re: Which exchange is more popular currently?
« Reply #12 on: August 10, 2024, 05:50:01 PM »
Which exchange is currently more popular worldwide?  Binance is definitely for me.  Which expansion do you like and which one do you feel better using?  I feel very comfortable using Binance and its settings and its functions seem very easy to me.
I'm also a loyal user of Binance due to the satisfaction I get from using their user-friendly services. CZ truly understands customer needs and provides the best when it comes to IEO, staking, saving, P2P...

Besides Binance, GateIo and KuCoin are the CEXs I frequently use. Some other CEXs are also very popular such as OKX, Bybit, Bitget, CoinEx, HTX but I haven't even felt the need to create an account to experience them. Decentralizing the trading process on CEX is good too but I don't want to make the management of my crypto assets difficult.
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Re: Which exchange is more popular currently?
« Reply #13 on: August 13, 2024, 11:41:12 PM »
Popular implies that many people are using the exchange and that could possibly be so because the exchange is providing good service. If what is popular works fine, why should one go elsewhere?
Just go with the flow and follow the herd...what could go wrong  ::)
I hear that cow crap is very popular in India, so I guess that means everyone should use that holly product.

You mention decentralized exchanges and non-custodial wallets, will you go for wallets like mycellium/electrum which are popular and trusted or elsewhere?
I don't care about popular crap, and I don't use mycellium that is not popular at all.
Electrum didn't have any competition for a long time so your comparison is silly, but there are good alternatives now like Sparrow wallet.
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Re: Which exchange is more popular currently?
« Reply #14 on: August 14, 2024, 07:14:11 AM »
Popular implies that many people are using the exchange and that could possibly be so because the exchange is providing good service. If what is popular works fine, why should one go elsewhere?
Just go with the flow and follow the herd...what could go wrong  ::)
I hear that cow crap is very popular in India, so I guess that means everyone should use that holly product.

Attacking the nationality? you can do better than that.

Plus, you say 'I hear' — that's hearsay, and as good as sheepish mentality you are speaking against of.

You mention decentralized exchanges and non-custodial wallets, will you go for wallets like mycellium/electrum which are popular and trusted or elsewhere?
I don't care about popular crap, and I don't use mycellium that is not popular at all. Electrum didn't have any competition for a long time so your comparison is silly, but there are good alternatives now like Sparrow wallet.

Yes, sparrow is good wallet and it's gotten popular lately too , would you like to switch to different wallet?

 

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