Bitcoin
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Exchanges Reviews - Page 6

Kraken Reviews RealSatoshi February 1, 2022
Kraken, a global crypto exchange originating from the U.S., has had quite a success in the Asian markets. The exchange’s services are available in over 45 Asian nations, and it has grown to become one of the leading western exchanges to gain a footing in the Asian market. Kraken also relaunched in Japan in 2020 after closing its services in 2018, citing rising operating costs and the need to concentrate its efforts on “other geographical areas.” The exchange became a licensed “Crypto Asset Exchange Service Provider” in the country in line with domestic regulatory requirements.
FTX Reviews Ge0rge January 31, 2022
Crypto exchange FTX US closes $400M funding round to reach $8B valuation. The new funding will be put toward expanding FTX US' workforce and introducing new offerings. Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding. According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital. FTX US president Brett Harrison said that this development puts their firm as one of the largest crypto exchanges in the United States, and sends a message to the world that they are growing very rapidly. Harrison indicated that the firm will use the funds to further its offerings as well as to grow and expand its workforce. Back in 2021, the exchange made a sale-and-purchase agreement to acquire crypto derivatives platform LedgerX to expand its spot trading services by offering Bitcoin (BTC) and Ether (ETH) options and futures contracts to investors. FTX’s global exchange raised $420 million from 69 investors raising its valuation to $25 billion last year. At the same time, the exchange also pushed marketing efforts by acquiring naming rights to Cal Memorial Stadium and Miami NBA stadium. Meanwhile, funding for crypto projects continues to grow in other areas of the ecosystem. On Jan. 19, Secret Network announced a $400 million fund offer to developers building within its network. The new $225 million ecosystem fund along with a $175 million accelerator pool aims to back privacy-oriented and decentralized applications. Venture capital company Andreessen Horowitz also announced its plans to raise $4.5 billion to invest in crypto funds. The firm would allot $3.5 billion for its venture capital fund and $1 billion to seed investments in the Web3 space. Alongside this, British payment platform Checkout.com recently raised $1 billion in investments to advance crypto payment processing, bringing the company’s valuation to $40 billion.
Coinbase Pro Reviews Zedd January 19, 2022
Coinbase partners with Mastercard for NFT marketplace purchases. The agreement is aimed at allowing non-crypto natives to get into NFTs without using a wallet and first buying Ether or other tokens. Credit card company Mastercard has announced users of Coinbase’s upcoming nonfungible token (NFT) marketplace will be able to use their cards to make purchases as part of a new partnership. In a Tuesday blog post, Mastercard executive vice president of digital asset and blockchain products Raj Dhamodharan said under the agreement, NFTs would be considered “digital goods” and could be purchased using a credit card. The measure is aimed at allowing non-crypto natives to get into NFTs without using a wallet and buying Ether (ETH) or other tokens. “Cryptocurrency enthusiasts are used to this process,” said Dhamodharan. “But for most people, it's not simple, it’s not intuitive. We think it should be much easier. That will ensure NFTs can be for everyone. Getting more people involved safely and securely is perhaps the best way to help the NFT market thrive.” Since Coinbase first announced its NFT marketplace - under the planned name “Coinbase NFT” — in October, more than 1 million people have signed up to be on the waiting list. The crypto exchange plans to make the NFT platform available to U.S. users before opening it up to users in other countries. Following the growth of and interest in the NFT sector in 2021, major crypto exchanges FTX and Binance launched their own NFT marketplaces prior to Coinbase’s October announcement. In June, Binance launched an NFT platform aimed at “providing the highest liquidity and cheapest fees for users.” FTX followed in September with a platform exclusively for United States-based customers. According to a recent report from DappRadar, there may be a higher demand for NFTs in 2022 following the surge the previous year. The platform reported that NFT trades generated $10.7 billion in the third quarter of 2021 to $11.9 billion in Q4, with the first ten days of 2022 "looking strong." "Despite the volatile cryptocurrencies cycles, NFTs maintain a stagnant positive trend," said DappRadar analyst Pedro Herrera.
Omgfin Reviews Tiffany January 10, 2022
Although Omgfin was launched in 2018, it seems that this trading platform only starts getting some recognition. The exchange itself operates out of Estonia, a very crypto-friendly country. It holds two licenses from the corresponding authorities: the first grants the right to act as a provider of currency exchange, and the second allows the provision of wallet services. The trading fees are low - only 0.045%.
BitForex Reviews Harry January 7, 2022
As I see it, the industry is currently developing in a way that leads to the demise of the majority of altcoins and cryptocurrency exchanges that simply don't meet the necessary standards of security, efficiency, and, in case of cryptocurrencies, the ability to showcase sustainable gains. It is like the survival of the strongest in the crypto space right now. And I doubt that BitForex would be able to survive the competition in the long run. This platform is just too dull and unreliable, if not to say shady.
CoinBene Reviews Fun_Boss January 6, 2022
CoinBene, like all other cryptocurrency exchange of the middle rank, can't really boast anything out of the ordinary. It has a necessary set of trading tools, an okayish choice of trading options, and an uncomplicated withdrawal procedure. The fees could have been a bit lower, but they aren't predatory as well. All in all, CoinBene is a platform that would suffice the needs of average traders.
Coinbase Pro Reviews Crypto_Bro January 5, 2022
Coinbase CEO reportedly buys LA mansion for $133M. The estate was formerly owned by Ellen Bronfman Hauptman, the daughter of billionaire Seagram’s heir Charles Bronfman. Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States - reportedly made a multi-million-dollar real estate purchase at the end of 2021. Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal reported on Monday, citing anonymous people familiar with the matter. According to The Wall Street Journal, Tomita originally purchased the real estate for $85 million in 2018. The new deal allegedly marks the biggest home purchase ever completed in the L.A. area. Prior to being sold to Tomita, the Bel-Air estate was formerly owned by Ellen Bronfman Hauptman, the daughter of billionaire Seagram’s heir Charles Bronfman. The property includes a 19,000-square-foot mansion featuring a theater, a gym and a double-height dining room. The property also reportedly had a 6,600-square-foot guest house designed by Paul Williams.
Coinbase Pro Reviews AlwaysInGreen January 4, 2022
Coinbase users can choose to deposit paychecks directly to accounts. Customers will have the option to deposit "as much or as little" of their paychecks as they want in the feature rolling out in the next few weeks. Coinbase will soon allow United States businesses to deposit employees’ paychecks directly into accounts at the cryptocurrency exchange. In a Monday blog post, Coinbase senior director of product Prakash Hariramani said the exchange would be offering direct deposits for workers who want to use their paychecks to purchase crypto with no transaction fees. Users can set up direct deposits through a supported payroll company on the Coinbase app, or through a company’s human resources department. Hariramani said users will have the option to deposit “as much or as little” of their paychecks as they want in the feature rolling out in the next few weeks. Coinbase cited “time-consuming and inconvenient” frequent transfers as part of the reason for the service, saying direct deposits would allow users a more efficient and faster way to earn crypto rewards. Coinbase has already partnered with U.S.-based firms including Fortress Investment Group, M31 Capital, Nansen, and SuperRare Labs to roll out direct deposits for “employees throughout the creator economy and financial services” and hinted at more in the coming months. The exchange also announced thatholders of its branded Visa debit card would have the opportunity to earn up to 4% back in crypto rewards. The move comes a week after the exchange said it would not be pursuing its Lend crypto lending program. Coinbase initially said it planned to offer partial returns on deposits of USD Coin (USDC), but later abandoned the program after the Securities and Exchange Commission threatened the company with legal action.
eToroX Reviews Patrick January 3, 2022
eToro to delist Cardano by 2022 for US users due to regulatory concerns. The move surprised some users as ADA has not been typically on regulators' radars as of late. In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tron (TRX) for United States customers by the end of the year. After Dec. 31, U.S. users will no longer be able to open new positions in the tokens nor stake ADA and TRX. In addition, wallets will be effectively in withdraw-only mode until the first quarter of 2022, when selling will also become limited. In making the decision, eToro cited regulatory concerns surrounding both assets. The move came as a surprise to some as ADA has not been traditionally associated with regulatory troubles. In context, tokens like Ripple (XRP), whose creators are currently engaged in an ongoing lawsuit with the Securities and Exchange Commission, or SEC, as well as Monero, which is a privacy coin that some fear is easily abused for illicit purposes, are facing the brunt of regulatory scrutiny in the cryptocurrency industry.
FTX Reviews Karennn December 31, 2021
Crypto.com and FTX scored ad spaces for their brands at the biggest sports event of next year - the Super Bowl. Crypto exchange platforms Crypto.com and FTX will run advertising commercials at the Super Bowl LVI 2022 on Feb. 13. Both exchanges have been working tirelessly to establish their brands and penetrate the United States market. Super Bowl advertisements are known to be very costly, with rates going above $5 million for just 30 seconds. Some sponsors are even willing to pay up to a record high of $6.5 million for the same air time. Recently, Crypto.com also announced a partnership with Angel City Football Club, a soccer team that’s expected to play in 2022. Aside from this, the exchange’s efforts include securing naming rights for Staples Center. The exchange purchased naming rights for $700 million over 20 years. With this, Staples Center is renamed into Crypto.com Arena this December. In an official announcement, Crypto.com Co-Founder and CEO Kris Marszalek said that they are using their platform “in new and creative ways so that cryptocurrency can power the future of world-class sports, entertainment, and technology.”
OEX Reviews Crypto_Arnold December 30, 2021
What's good about OEX is that the users are allowed to make deposits via credit cards, and that the platform admits traders from the United States, which isn't common among cryptocurrency exchanges, especially the ones that operate in China. The trading panel is okay - intuitive and well-designed. However, the high trading fees are the reason why I gave preference to another platform: 0,2% might be the industry standard, but I know plenty of exchanges where the fees are no higher than 0,1%.
Bibox Reviews Rusty Bob December 29, 2021
I wonder how Bibox wants users like me to trust their exchange if they don't even fully disclose the identity of the platform's founders. Just take a look at Binance, for instance. Everyone knows Changpeng Zhao, who he is and what are his plans regarding the future development of the exchange. Could we say something like that about Bibox? Definitely not. However, judging from Bibox's good trading volume, people don't share my concerns, but they should be prepared to face the consequences.
Binance Reviews Neo December 27, 2021
Binance resumes DOGE withdrawals days after Elon Musk’s comments. Binance users were unable to withdraw Dogecoin due to a “combination of unlikely factors,” the exchange said. Binance, one of the world’s largest cryptocurrency exchanges by daily trading volumes, has resumed Dogecoin (DOGE) withdrawals following a system glitch caused by the DOGE wallet upgrade. The exchange officially announced on Monday that it had restarted DOGE withdrawals after experiencing a major issue where Binance users were unable to withdraw Dogecoin for 17 days. Additionally, 1,634 users on Binance were sent old transactions due to a conflict of several DOGE wallet versions. This happened due to a “combination of unlikely factors” and ultimately affected only Binance. The exchange wrote: “In short, if 1) your platform had listed DOGE all the way back in 2019, at v1.14.0 2) had transactions stuck in the wallet 3) had upgraded the wallet to v1.14.2 4) AND then updated to v1.14.5 — you can have an issue.”
Folgory Reviews Nicolas December 24, 2021
This is a pure scam exchange and there's no hesitation about it. We made a big mistake listing our coin on this exchange and end it up delisting and losing all of our native tokens and other funds and the listing fee that we paid for it. The same scammers are handling all the operations. There is no support agent or management. They never respond to your tickets, they never resolve any issue, they are rude, aggressive, and threatful with a bunch of lies. Stay away from these scammers and thieves unless you want to lose all your money. They have now another plan in their mind to steal more money from the users. They developed a new cryptocurrency wallet app without KYC, so they can attract users who do not want to expose identities which is a new trap to steal your funds. By the way, they set up a new company named codego to cover their tracks and their bad reputation.
P2PB2B Reviews whackd December 23, 2021
Regrets over trusting p2pb2b, the whackd community raised $10,000 to list with a cex, after choosing p2pb2b the exchange have made multiple errors resulting in p2pb2b effectively stealing $10,000 from the whackd community. P2PB2B has made multiple misrepresentations and guilty of more than one breach of contract, i have since been blocked from the Telegram and they refuse to continue speaking in private message and now refers us to an email to contact. P2PB2B had admitted to these faults and have since apologised, but refuse to return the funds as is legally required of them. they are acting in bad faith at this point and could be called a scam. The (Now Void) Contract was also breached by failing to fulfil terms that were made in pre contract negotiations, the following terms were: 1. P2PB2B Failed to inform users directly on the exchange that there was a 1 in 1000 risk of losing 100% of a transaction when making withdraw's and deposits. (despite the claimant stating this as part of the agreement) 2. P2PB2B Failed to inform users in the announcements that there was a 1 in 1000 risk of losing 100% of a transaction when making withdraw's or deposits. (despite the claimant stating this as part of the agreement) 3. P2pb2b made public announcements without any disclaimer to warn the users of the losses incurred when making withdraws or deposit. Despite this being a term of agreement in pre-contract negotiations. 4. P2pb2b did not display any disclaimer to warn the users of the losses incurred when making withdraws or deposit when using the exchange despite this being a term of agreement in pre-contract negotiations. Avoid at all costs.
CoinBene Reviews Nakamura55 December 22, 2021
I have heard complaints from people whose trading accounts have been, allegedly, frozen by CoinBene for no particular reason. Well, this happens all over the industry because it still has a very lax regulation and the overall weak culture of communication and cooperation. CoinBene is not an exception in that matter. However, I haven't experienced any issues with this platform over the course of almost three years of trading experience. There had been some inconveniences due to the platform maintenance or whatnot, but they were insignificant.
Binance Reviews Jer00me December 21, 2021
Binance VC arm leads $60M round in cross-chain protocol Multichain. Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as Anyswap. Shortly after rebranding from Anyswap last week, Multichain has raised $60 million in a seed funding round led by Binance Labs, the firm officially announced on Dec. 21. Other participants in the raise included major VC firms and industry investors like Sequoia China, IDG Capital, Three Arrows Capital, Primitive Ventures, DeFiance Capital, Circle Ventures, Hypersphere Ventures, HashKey and Magic Ventures. Apart from providing capital investment for Multichain, Binance is also building a stronger relationship with the cross-chain protocol. On Dec. 20, Multichain announced that it is now officially recommended as a tool to bridge bToken across chains through Binance’s smart contract platform, the Binance Smart Chain (BSC). BSC said that Multichain is “one of the biggest routers on BSC,” providing “non-custodial plus multi-party computation model to guarantee the security of on-chain assets.”
Coinbase Pro Reviews Alice December 20, 2021
Coinbase adds nearly 100 crypto assets for trading in 2021. DeFi projects, decentralized exchange tokens, stablecoins and NFT gaming: What underpins Coinbase’s extensive token-listing activity this year? As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of assets it had accumulated in the eight years since its founding. Is this rapid expansion a simple cash-grab? Are any of these lesser-known tokens and coins securities? Is this irresponsible or overly ambitious? What does this rapid expansion of assets by Coinbase mean? I feel the answer to the first question is an emphatic “No!” Coinbase is making a lot of money on trading fees, but its token list expansion is not about the money. Coinbase started out with a small booth at a conference “just trying to make something that customers wanted,” pitching T-shirts and a hosted Bitcoin (BTC) wallet. Now, Coinbase is the second-largest crypto exchange in the world. It’s a common tale that an entrepreneur builds something, finds success, sells and moves on, but Coinbase founder and CEO Bryan Armstrong was manning that small booth eight years ago, and is still at Coinbase today. The exchange stays true to its - and Armstrong’s - core values: economic freedom, property rights, a more efficient global system of exchange, and in my opinion, just building the things that customers want.
Binance Reviews Alexx December 17, 2021
Binance partners with Indonesian telco to develop new crypto exchange. Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country. Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform. According to a joint announcement on Wednesday, the agreement will also seek to broaden blockchain adoption throughout Indonesia, which is home to about 240 million people. To assist with the development of the new exchange platform, Binance will provide asset management infrastructure and technology. The agreement will also seek to increase the application of blockchain technology in Indonesia more broadly. The new partnership enables Binance to grow its operations in a nation where it already has an investment in crypto trading platform Tokocrypto.
Coinbase Pro Reviews Jack December 16, 2021
Coinbase Wallet rolls out support for NFTs. Nonfungible tokens took the crypto market by storm this year, with sales expected to reach almost $18 billion by the end of 2021. United States crypto exchange Coinbase has made new upgrades to its self-custody wallet, including adding support for nonfungible tokens, or NFTs, in a move that could drive further adoption of its browser extension. The company announced Tuesday that Coinbase Wallet will soon be able to support NFTs, giving users the ability to view their collections and access leading NFT marketplaces like OpenSea. Coinbase didn’t specify an exact date for the rollout but said users will need to have the latest version of the browser extension installed to access the features. Looking ahead into 2022, Coinbase said it plans to expand its support for NFTs, as well as make its native decentralized exchange trading feature more accessible and affordable. Coinbase Wallet has a DEX integration feature that allows users to convert their holdings through various decentralized exchanges. As Cointelegraph reported, Coinbase recently unveiled a new standalone browser extension for its wallet that allows users to access a wider array of crypto assets on the leading DEXs.

* Crypto Rating accepts no liability for content of the comments or reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top 10 Cryptocurrency Exchanges

# Exchange Founded Rate Coins Volume 24h Change 24h
1 Binance Binance 2017 4.7 341 85 756 472 788 16.06%
2 Kraken Kraken 2011 4.5 62 1 142 715 309 28.70%
3 Bitfinex Bitfinex 2012 4.4 146 978 819 336 -9.20%
4 KuCoin KuCoin 2017 4.2 282 8 060 549 816 24.53%
5 Indodax Indodax 2019 3.8 157 33 198 028 -5.74%
6 WazirX WazirX 2018 3.4 176 29 385 566 -22.41%
7 Paribu Paribu 2017 3.1 51 145 013 619 -31.78%
8 OKEx OKEx 2014 3.6 242 20 324 410 065 16.18%
9 Bybit Bybit 2018 3.5 97 13 164 479 386 31.11%
10 FTX FTX 2019 1.7 192 11 002 802 152 17.90%

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