Exchanges

Cryptocurrency Exchanges


This page lists exchanges that our members have tried.
A short explanation of the different sorts of exchanges
There are a LOT more options than just these. please check out:

  www.coinhills.com/market/  *  https://exchangewar.info/

Members who have used an exchange have helpfully offered to have their names listed by them for help. But always just ask anyone, we are all contantly learning more.

Exchanges are phished and attacked constantly so use bookmarks; double check the addresses of all websites, crypto wallets, and emails; and never click random links!
(You can right click and inspect where a link actually goes)

News and Updates – Check the exchange’s official subreddit and Twitter accounts for up to date info

Name Coins Listed* Registration
&
Fees
Additional Info
Binance

binance.com

Hong Kong – 2017

Full Exchange

@binance_2017

eiko, CryptoMagnet 

235 markets
99 coins
insert current coin link
Trading Fees: 0.1%

 

Mobile app (Android only)
Biggest exchange by volume
Registration: email and 2FA
Bitfinex

bitfinex.com

HongKong

Full Exchange

@bitfinex

Somebody

 0%-0.1% (Maker)
0.1%-0.2% (Taker)
USD
Fear the Tether
Margin Trading
Bithumb

bithumb.com

South Korea

Full Exchange

@

Somebody

 0%-0.15%
Bittrex

bittrex.com

USA – WHEN

Full Exchange

@BittrexExchange

brock

271 markets
199 coins
insert current coins link
0.25%
Coinbase/GDAX

gdax.com

USA – 2013

Full Exchange

@GDAX  @coinbase

GDAX- brock, Tanner R.
Coinbase- err’body

Bitcoin  BTC
Ethereum  ETH
Litecoin  LTC
Bitcoin Cash  BCH
 0% (Maker)
0.1%-0.25% (Taker)
‘Merica!
Mobile app (iOS/Android)
Best first-time Bitcoin user experience
Very few coins
No segwit, doesnt batch means high fees
May be evil  xp
Coinswitch

coinswitch.co

WHERE – WHEN

Cryptocurrency Exchange Aggregator

@coinswitch

eiko

250 coins
coinswitch.co
Market rate only
Coinswitch picks.06%
Web based application
Zero registration requirements
Anonymous if you trust CoinSwitch
Market price, you take what you get
Fees are higher
Gemini

gemini.com

USA – WHEN

Full Exchange

@gemini

Somebody

 “Dynamic Fees”
?
Kraken

kraken.com

USA – WHEN

Full Exchange

@krakenfx

Somebody

47 markets
17 coins
insert current coins link
0%-0.26% Poor support/customer service
KuCoin

kucoin.com

Hong Kong – 2017

Full Exchange

eiko,  CryptoMagnet 

161 markets
71 coins
insert current coins link
0.1% Adds new coins fast, and lots of them
NEO trading is free
Registration: email and 2FAKu is a fun exchange ~eiko
LocalBitcoins

localbitcoins.com

USA – WHEN

Peer to Peer Trading

@LocalBitcoins

eiko,  CryptoMagnet 

Buy with fiat
BTC onlyTrading pairs occationally
(XMR, LTC)
P2P trading like a market
Funds held in escrow
Only 100% anonymous option
Pay with cash, paypal, gift cards
High rates
Poloniex

poloniex.com

USA – WHEN

Full Exchange

@Poloniex

brock, CryptoMagnet

0%-0.15% (Maker)
0.05%-0.25% (Taker)
 Tether
Robinhood

robinhood.com

WHERE – WHEN

TBD oh its exciting

@RobinhoodApp

eiko

USD
Fiat gateway into crypto
Taking a run at CoinBase’s users
Shapeshift

shapeshift.io

USA? – 201?

Market prices only
(more like a swap)

@shapeshift_io

schorgie30, eiko, CryptoMagnet

70-ish coins change constantly
shapeshift.io
Shapeshift picks the rate
Like a market order, but it picks the market as well
Mobile app (iOS/Android)
Zero registration requirements
Anonymous if you trust shapeshift
Market price, you take what you get
Fees are higher
Decentralized Exchanges

gate.io
bancor.network
Generally for ETH based ERC20 tokens
A few of our members have tried them we’ll
get more info soon
PROS: everything you hate about custodial exchanges is over, YOU own your coin, no honeypot to hack
CONS: Volume, not enough traders, new and wonky

*coins change

Wait… wut?

I just wanna buy some bitcoin nowNowNOW!!! 
coinbaseCoinbaseCOINBASE!!! 😉

What does a “full exchange” mean? What the heck is an aggregator? some kind of angry reptile? 
See below for a brief explanation.

Full Exchange

A Full Exchange provides the platform and is the middle man between buyers and sellers, charging a fee from the transactions. They offer the most volume and more options for trading (lots of trading pairs, limit orders, futures, etc)

Most traditional exchanges are 100% centralized and without oversight, leaving you vulnerable to both manipulation on one end and hackers on the other at the same time.
Binance, GDAX, and all of the larger exchanges are centralized. In these “custodial” exchanges you do NOT own your private keys, so you do NOT own that coin. Don’t “sit” any coin anywhere you don’t own your private keys. If you don’t know what that is please see our other posts or ask 🙂
Exchanges like Coinbase that accept USD are FDIC insured and will require full KYC (Know Your Customer) identification and a lot of time verifying you into higher brackets. (Other exchanges accepting USD transfers currently: Kraken, Bitstamp, Gemini, wallofcoins.com)

Full decentralized exchanges exist wherein the middle man is some sort of smart contract and traders keep a hold of their private keys at all times. They’re preferable for the reasons above but the concerns are, too new/untried (Oasis), small (bisq), or wonky (EtherDelta)

Swap-Exchanges/Brokers/Exchange Aggregators

Similar to exchanging one currency for another at a bank in real life. You take the price they give you but its fast, simple and convenient. They typically do not require the long KYC processes to begin exchanging coins.
Shapeshift and Coinswitch are examples of aggregator applications searching various exchanges for the best rate to swap. Coinbase’s buy BTC/ETH/LTC/BCH offering is essentially a swap for USD as you take the price they give you to get “into” crypto.

P2P and OTC Direct Trading Platforms

Old school markets connect individual traders to one another. Some have smart contracts, some have provisions for escrow and arbitration, most are entirely unsupervised. The most famous and longstanding one of these is localbitcoins.com. Prices are often not pegged to the current coinmarketcap price but at a straight USD to BTC price, read carefully. Sellers can usually choose their rules and operate based on their own strict guidelines and sterling reputations. THIS is the one place you can always sell your BTC at a huge premium… if you dare XD

Cryptocurrency Funds

Pooling into professionally managed assets funds let the public to buy into crypto without ever owning coin. Honestly? Perhaps you should buy stocks. (Choose something that will blast in support of crypto like Nvidia!)

 

Please leave a reply below to send your questions, as well as hints, hacks, help, and suggestions.
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