Favorite exchanges & why

[Howard26]

I'm curious to know why you use the particular exchange(s) you use? 

Security, ease of use, recommendation, other? 

 

[xrpwizard]

Gatehub is easy to use and have a terrifically responsive team. Downside is there's limited depth in the trading section but this will grow over time I imagine.

[MBi]

+1 for GateHub

[Zerper1]

I'm using Bitstamp. I think their security is really good and they have a very trust-worthy history... BUT they only offer Bitcoin and XRPs. They also do not offer a wallet option for XRPs - at least not yet. It would be nice if they offered a broader range. I'm interested to learn about the other exchanges.

[cobra-kai]

+1 for Bitstamp. I remember when things got crazy with bitcoin and Mt. Gox in 2013, Bitstamp held its ground. Service has always been smooth and without hiccups for me.

[kimchee]

Gatehub.

[smoothy]

Bitstamp: always had smooth contact with their support team. 

Gatehub: never needed support, so that is also awesome

[Zeth]

I use Kraken and am generally really happy with it. They offer a lot of different options for coins and are able to accomadate a range of abiliity when it comes to trading experience.

Specifically for XRP they have the 2nd highest volume after polo. That said polo have circa 70% and Kraken is just 5%.

 

 

[Deleted]

Poloniex. It is not my favorite one, but they accept Сyrillic docs to verify account. Gatehub needs documents "written in Latin letters", so I can't get verified there.

[YoungDavid]

DO thy really require documents written in latin?  how would anyone ever sign up?

 

[YoungDavid]

I ask because I am in the process of opening an account with Gatehub and noticed that same request for latin written documents.  Is there really no way to open an account with them without this?

[Mercury]

10 hours ago, David80 said:

I ask because I am in the process of opening an account with Gatehub and noticed that same request for latin written documents.  Is there really no way to open an account with them without this?

Just to be clear you mean written in Latin Alphabet, not Latin itself right?

Latin alphabet covers most of Western Europe, North America, Africa and a select few Asian countries.

Written in Latin... I think only the Holy See does that these days

[YoungDavid]

Ha!  you're right, thanks!  my stuff was accepted, now im waiting for the approval.  I've heard that gatehub deposits 20 or 25 xrpinto youre account automatically, even before you're fully approved for US bank wires and such.  that didn't happen when i signed up.  my wallet is still empty.  do i just go to coinbase and by bitcoin and send to gatehub and convert to xrp?

[YoungDavid]

i just read something that asking for activation help from other members is not allowed?  Is that true?  If so, I would like to apologize to forum and moderators.  I am really itching to get my account open.  don't know how to do it yet

[enrique11]

"Favorite exchanges & why"

I like Coinbase for fiat (USD), then transfer the fiat to GDAX (also owned by Coinbase), then convert fiat to bitcoins using a limit order so that you minimize or get rid of "fees" altogether depending on how patient you are.  Once traded, you can send your bitcoin from GDAX to the exchange of your choice to get zerpies provided they have the right xrp market.

I haven't purchased ripples in years...the last time I did was off a ripple gateway called snapswap.us, but they went out of business a while back, so don't know which exchange is good for purchasing ripple, but personally I like poloniex (I've never had any issues with it like others have) and bittrex.  If only binance had ripple markets - I found the speed of binance's trading platform impressive.

Here are a number of exchanges hosting ripple markets according to CMC: https://coinmarketcap.com/currencies/ripple/#markets

Edited September 20, 2017 by enrique11