I read a review on iTrusty about the differences between Binance, Bybit, and Kraken. I’ve been involved in cryptocurrency for about six months, trading small amounts and using only one exchange thus far. But I started wondering: Shouldn’t I have accounts on several exchanges? I’m particularly interested in security and fees. Has anyone really noticed a difference between them, or is it just marketing?
I have accounts on two exchanges, and a friend of mine actively uses a third. From my experience, I can say that there is a difference. For example, one of my acquaintances switched from Binance to Kraken because of regulatory and security issues. It’s important to him that the platform operates “officially” in his country.By the way, I often check itrusty.io — crypto prices and guides to compare current conditions and understand where it is more profitable now, but I haven’t read the article you are referring to.Bybit is more popular among futures traders because it has a convenient interface and fast order execution. However, commissions and conditions are constantly changing, so it’s worth keeping an eye on updates. Do you invest more in the long term or actively trade? I think the choice of exchange depends on that.
You must be logged in to reply to this topic.