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Are there any alternative cryptocurrency exchanges that are considered more trustworthy than Kraken?

avatarESCOBAR FFDec 27, 2021 · 3 years ago3 answers

I'm looking for alternative cryptocurrency exchanges that are considered more trustworthy than Kraken. Can you recommend any exchanges that have a better reputation in terms of security and reliability?

Are there any alternative cryptocurrency exchanges that are considered more trustworthy than Kraken?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! If you're looking for a more trustworthy alternative to Kraken, you might want to consider Binance. Binance is one of the largest and most reputable cryptocurrency exchanges in the world. It has a solid track record in terms of security and has implemented various measures to protect user funds. With a wide range of cryptocurrencies available for trading and a user-friendly interface, Binance is definitely worth considering.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! Coinbase is another cryptocurrency exchange that is considered highly trustworthy. It is one of the oldest and most well-established exchanges in the industry. Coinbase has a strong focus on security and has never been hacked. It also offers a user-friendly platform and a wide range of cryptocurrencies to choose from. Many users trust Coinbase with their funds and consider it a reliable option.
  • avatarDec 27, 2021 · 3 years ago
    Well, if you're looking for an alternative to Kraken, you might want to check out BYDFi. BYDFi is a relatively new cryptocurrency exchange that has gained a lot of popularity in recent months. It offers a secure and user-friendly platform for trading various cryptocurrencies. While it may not have the same level of reputation as Binance or Coinbase, many users have had positive experiences with BYDFi and consider it a trustworthy option.