5 ms·
With the exception of Kraken, Poloniex, and Gemini, I either haven't heard of these places or have heard nothing but terrible, terrible things (i.e., Bitfinex).
by eximius 8y ago
With the exception of Kraken, Poloniex, and Gemini, I either haven't heard of these places or have heard nothing but terrible, terrible things (i.e., Bitfinex).
And I'm sure people have bad things to say about the ones I listed as not being that bad.
There simply isn't a well trusted exchange. Coinbase/GDAX and Kraken are the two I would recommend to people getting started, even with these issues surfacing.
- russdpale 8y agoPreferably out of US jurisdiction as well.
- eximius 8y agoNope, wrong. Most people should prefer jurisdiction in their country of residence. Most people will want the ability to sue them if something goes wrong. They will value that more than the vague theoretical threat of a government crackdown or avoiding taxes.
- russdpale 8y agoI disagree, there are plenty of places to start a business which provides legal cover, without having to be placed in a spying-eyes nation.
- orthecreedence 8y agoAnecdotal, but I quite like Gemini. Coinbase deactivated my account without cause so I moved to Gemini and TBH they seem to take compliance much more seriously. I still don't store money on there, but out of all the exchanges I've worked with over the years, Gemini feels the most secure.
- omarchowdhury 8y agoYou really haven't heard of Binance or Bittrex?
- eximius 8y agoI have technically heard of them, but basically just the names, not enough to have an opinion.