Alternative to Binance

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I've used Binance for many years and find it very convenient compared to other platforms. If you're not satisfied with Binance, I suggest you try Bybit and OKX.
 
In my experience, Bybit or OKX are better options. Binance often seems to suspend accounts without a clear reason.
 
If coinbase is available in your GEO id suggest going with that, been using it for half a decade and really never needed anything else.
 
Ive seen people mention exchanges like Kraken and Coinbase for their reputation and compliance Regardless of the platform I prefer not keeping large amounts on any exchange long term.
 
Half the thread already said Bybit so im not gonna repeat that, but one thing nobody mentioned... whatever exchange you move to, the "no random freeze" rep only holds until you start moving size or doing anything that looks unusual to their risk engine. Had a friend get locked on OKX for a week just cause he logged in from two countries in the same day. So its less about which exchange and more about not keeping everything in one place. @Gusbert basically nailed it, dont treat any CEX as a vault. Use one for trading, pull profits to your own wallet regularly. Bybit and Kraken have been fine for me personally but id still spread it out.
 
Nexora550 said:
Half the thread already said Bybit so im not gonna repeat that, but one thing nobody mentioned... whatever exchange you move to, the "no random freeze" rep only holds until you start moving size or doing anything that looks unusual to their risk engine. Had a friend get locked on OKX for a week just cause he logged in from two countries in the same day. So its less about which exchange and more about not keeping everything in one place. @Gusbert basically nailed it, dont treat any CEX as a vault. Use one for trading, pull profits to your own wallet regularly. Bybit and Kraken have been fine for me personally but id still spread it out.
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Op recognized that there are too many accusations against Binance that they are freezing funds to users. It should be borne in mind that Binance is the most popular and has by far the most users, so it is logical that there are more complaints about it. It would be good to have percentage data, it would give a better picture of whether Binance is the most restrictive.
I honestly do not see the difference between them and Bybit, Kraken or any other CEX from that category
 
Kraken and Coinbase are good alternatives to Binance and are trusted by many users no exchange is completely risk free so keeping long term holdings in your own wallet is a safer option for added security
 
I'd go with Kraken or Coinbase as alternatives to Binance. That said, any centralized exchange can restrict accounts in certain situations, so I only use exchanges for trading and keep most of my funds in a self-custody wallet.
 
I've been using HTX and OKX, and I've found them to work very well since I stopped using Binance.
 
I am using Bybit as my second option, if something happend to my Binance . To be honest I also got scared after visiting Binance subreddit.
you can use Coinbase if you can pass the kyc.
 
ContentCreator8 said:
Can anyone recommend any good alternative of Binance as exchange - KYC is not an issue? Alternative in the context of safety of assets as Binance is very famous for blocking accounts without any reason. Binance Subreddit is full of such incidents.
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Bybit sounds like a good one
 
Kraken, Bybit, and OKX are popular alternatives to Binance. However, no centralized exchange is completely immune to account restrictions, so it's generally best to keep only trading funds on an exchange and store long-term holdings in a personal wallet.
 
The issue with binance @ContentCreator8 isn't just that they are big, their automated risk system is just way more aggressive than others. i had an account locked last year for almost three weeks... all because i logged in on a roaming mobile network while traveling. support was just useless bot replies until it randomly got resolved. if you want an alternative where you can actually get a human to look at your case when things go sideways, kraken is probably your best bet. bybit is great for trading but their compliance bot is kinda starting to act like binance lately. just don't keep more than your active trading capital on any of them anyway.
 
Bybit and grey if you need also usd and eur account and card as well . Also you can use mexc easy interface
 
Bybit, kraken, coinbase. Whats wrong with binance for you tho? It works well for me and they never really do any fuss about KYC.
 
Kraken is probably the safest bet if you want to avoid random bots locking you out, @Fluxify made a good point about their support actually being human. Bybit is slick but they are definitely getting more aggressive with their automated compliance lately... if you do go with OKX or Bybit just make sure you complete the highest tier KYC right away before you deposit anything. Otherwise you risk getting flagged on your first decent sized withdrawal anyway.
 
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