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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

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I use kraken and binance when I need them.

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xabo is good option

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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

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Here in 2024, I assume this list has changed a little, hasn’t it?

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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.

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Is Bisq still working? Didn't list about it anymore.

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