Analysis of popular crypto-exchange markets. by zagitov

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· @zagitov ·
Analysis of popular crypto-exchange markets.
Dear friends!

In this post I will conduct for you a small comparative analysis of popular crypto-exchange markets.

https://a.radikal.ru/a09/1803/90/2d54840800f8.jpg

For myself, I am primarily guided by three criteria: the safety of storage of funds, the volume of trades and the amount of commissions.

The first place among exchanges for reliability can be safely called BITTREX. They have been working since 2015. During this time they did not have a single hack, and the creators themselves call themselves "paranoiac security."

A relatively small commission of 0.25%. This exchange trades over 180 coins, and the daily trading volume is almost $ 300,000,000.

Cons - you can only output Bitcoin to Fiat (USD). Those. any altcoin must first be converted to Bitcoin and then withdrawn to USD, losing the commission.

The next exchange, to which I want to draw your attention, is POLONIEX. The Exchange has been operating since January 2014.
The largest volume of trades is about 350 000 000 $ per day. Low commissions - from 0% to 0.25%. In addition, this exchange is used by over 45,000 miners from around the world.

Cons - in 2014, the exchange was hacked and from the accounts of users hackers stole 97 BTC.
A lot of time has passed since then. The creators of the exchange do not cease to improve their reliability system and now state the maximum level of user safety.

And finally, the third exchange is BINANCE. The exchange was opened in 2017, but it has already become one of the leaders in the daily trading volume.
Huge advantages - low commissions (only 0.1%) and high performance (the exchange processes almost 1.5 million orders per second).

It is this exchange that I consider the most promising. No wonder it is called "BITTREX Killer"

In any case, the decision as to which exchange to use for trading remains with you.

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