I know everybody hates centralised exchanges but sometimes you find yourself in a situation where you need to use one. So the question is which one?
Yesterday I had a bad experience with Binance (long story but TLDR is any convertion of currency pairs that include EUR or USD fiats are not working), so I cannot recommend them now, even though in the past it was fine for me. I heard of Kraken and Coinbase but have zero personal experience with them.
Here is a curated list https://darthcoin.substack.com/p/from-where-can-i-get-some-bitcoins In regards of Conbase, here is a serious warning #78930
reply
I use kraken and binance when I need them.
reply
xabo is good option
reply
I’ve had good experiences with Gemini. I can share a referral code if you want, I think it earns us each some amount of credit or fee reduction or something. Idk. I also use their APIs for programmatic purchasing and they work pretty well
reply
Stay away from any centralized exchange.
It is best to use P2P (despite being soft-KYC in some cases): Bisq, Hodl Hodl, Relai (REL57044), Peach
More options here: https://kycnot.me
BUT...
If KYC doesn't worry you (although it should) and you need a good on-ramp, card-based, and highest rewards for passive earnings, get Wirex: https://wirexapp.com/r/CryptoShalix
Disadvantages:
  • Requires full KYC
  • They can freeze your funds or access to the platform if they detect problems with T&C
  • They do not have advanced trading tools
  • Much higher commissions than other exchanges, except for stable coins (which are at 0 cost).
Advantages:
  • It has a card and European IBAN. You can use the card all over the world without problems.
  • The X-Accounts tool has the highest level of rewards on the market (+6% in BTC, +16% in USD/EUR).
  • It is growing and improving services every day.
It is not a question of using it by depositing ALL your money. Instead, leave only what you are willing to lose, as you would with a traditional bank. But you will earn rewards and you can use it in the fiat world while implementing Bitcoin in the stores you visit with self-custodial wallets.
reply
deleted by author
reply
Is Bisq still working? Didn't list about it anymore.
reply
deleted by author
reply
deleted by author
reply
It's soft kyc. They store your banking details. Consider Peach for non kyc.
reply
Thank you for this conversation. Bookmarking this topic.
reply