When big exchanges with lots of volume shuts the door on new users, what’s the best alternative available for them? With the increasing demand of users jumping into crypto-currencies, exchanges are facing tough time catering their needs. To mitigate risks financially and handle challenges on infrastructure and support mechanisms, Bittrex & Binance has temporarily closed on new customer/users. What’s a better alternative for Binance or Bittrex in this situation for new users? As discussed earlier in Exchange Specific Tokens article, there are a couple of good exchanges out there, which doesn’t look scammy and has good volume and liquidity. Exchange Specific Tokens This is an observation & knowledge gathered from few other educational sources and not an investment advice. This is an observation & knowledge gathered from few other educational sources and not an investment advice. Growth of Binance Binance Very young cryptocurrency trading platform called Binance, which started just few months ago has now claimed it’s top slot as the world’s largest crypto exchange by 24hr volume. It’s all because of astounding marketing, new kind of business model and aggressive coin listings. Binance now features a lot of coins which has greater potential in terms of project capability and not listed anywhere on Bittrex, Poloniex. This gives Binance a great advantage. Binance Binance Binance As we all know Binance charges 0.1% transaction fees and if you pay with their own coin BNB, it reduces the fees by half! Healthy Alternative = KuCoin With almost exact dynamics of Binance, there came another exchange called KuCoin — which is famous in East Asian countries and slowly targeting user base across the world with incentives and contests similar to Binance. Kucoin Steps up the game Kucoin Along with very cool interface and very usable experience, Kucoin also has their own token, KCS — Kucoin Shares. Kucoin charges a 0.1% fee from every trade, both from the maker and taker, which comes up to 0.2% fee’s per trade(someone sells and someone buys). Big bang offer from KuCoin is that they pay 50% of this fee (0.1% per trade) to KCS holders! Along Kucoin Kucoin Kucoin KCS — KCS — Kucoin Kucoin Kucoin Shares Shares Kucoin Big bang offer from Big bang offer from KuCoin KuCoin KuCoin is that they pay 50% of this fee (0.1% per trade) to KCS holders! is that they pay 50% of this fee (0.1% per trade) to KCS holders! So, in this situation where new registrations are closed on Bittrex and Binance, Kucoin could be a better alternative. Additional advantages of KuCoin & How to avail them are listed in this article here Additional advantages of KuCoin & How to avail them are listed in this article here KuCoin article here Apart from KuCoin — Other Alternatives for trading crypto currencies are Poloniex
Cryptopia
HitBtc Poloniex Cryptopia HitBtc The content of this blog is not intended as investment advice. it’s just a how to tutorial. You should always do your own research (DYOR), make your own decisions (MYOD) and be comfortable with the risks before making an investment. Investing in volatile cryptocurrencies involves an element of risk: prices of these currencies go up and down, (often in a manner that seems irrational). The content of this blog is not intended as investment advice. it’s just a how to tutorial. You should always do your own research (DYOR), make your own decisions (MYOD) and be comfortable with the risks before making an investment. Investing in volatile cryptocurrencies involves an element of risk: prices of these currencies go up and down, (often in a manner that seems irrational). investment advice how to tutorial. (DYOR) (MYOD)

KuCoin Token

Maker

Binance

fees

How to buy RaiBlocks aka XRB

It’s perfectly fine to see “Vires in Numeris” message on Ledger Nano S

Write for BearTax

Read My Stories

Head of Product

Too Long; Didn't Read

Better Alternatives for Bittrex & Binance

Better Alternatives for Bittrex & Binance

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

3 Tips to Avoid Loss on Bitcoin, Ethereum, Litecoin

101 Stories To Learn About Binance

5 Crypto Exchanges Reviewed (Plus a Winner!)

7 Reasons Why Crypto Project Founders Should Jump Aboard the IEO Ship Before it’s Too Late!

A path towards crypto’s inevitable centralization.

A pivotal year for Blockchain Companies, Cryptocurrencies & STOs | STOs poised to grow in 2019

3 Tips to Avoid Loss on Bitcoin, Ethereum, Litecoin

101 Stories To Learn About Binance

5 Crypto Exchanges Reviewed (Plus a Winner!)

7 Reasons Why Crypto Project Founders Should Jump Aboard the IEO Ship Before it’s Too Late!

A path towards crypto’s inevitable centralization.

A pivotal year for Blockchain Companies, Cryptocurrencies & STOs | STOs poised to grow in 2019

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps