Hi guys last month many cryptocurrencies exchanges and services stopped accepting more investors. Other side, decentralized smart contracts which providing return just by simple stakes are now getting more popularity.
These smart contracts are high risky because any time stability of deposit and withdraw can be break and that time you will not get withdrawal.
Tronstake is the recent example of it. So stay away from these smart contracts. Anyway people looking for bitfinex alternatives because many crypto investors looking for altenatives.
Because any time they can stop new investors so that is why alternative is important. Moreover, now market is growing so you must do this as early as possible.
Here i have 5 alternaitves for you.
- Binance
- Huobi Pro
- Bittrex
- CEX
- KuCoin
I am using binance and bittrex and both platform are great and providing better services. I am using bittrex since 2 years. The best thing that i like in bittrex is it's never hacked yet like other centralized exchanges hacked.
Recently, binance was hacked and provided fund to users from their SAFU fund. So these are the big exchanges and they can refund you if anything will happen and that is why i have added them in this list.
Otherside, now binance has launched DEX (decentralized exchange) and as you know decentralized exchanges are safe and secure. Other DEX is Uniswap which is most popular DEX nowadays.
So you have great options in deccentralized exchanegs as well.
We necessarily need a lot of alternatives products and services for various crypto exchanges including Bitfinex.
That is because if and when crypto go mainstream, so they can buy crypto with ease. We need more DEXs and more new exchanges to handle this big market.
I am personally joined 6 crypto currency exchanges and verified KYC Because as i said Now more people will come in this space and may be some exchanges will stop accepting new players.
So i hope understand my points. Must share this post.
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Hello @luckyali.
I am very glad to see binance among the options, since I made an account there and I think that very soon I will start trading there, greetings friend and thanks for your contribution.
Glad to hear your decision. I also Have 5 verified account on exchanges. I think it is required. Thanks for comment
I tried to use them but they don't work in the united states'for some reason idk why
bittrex has different website for US users
Where can I find them. Really just want to build my interest up
When you type bittrex.com it will automatically redirect according to your country. It's global.bittrex.com for other country users. Also binance is working in USA
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Thanks for the information, it is well understood and concentrated, sometimes you read complex articles that confuse you in relation to the platforms.
I am glad you liked it