How to choose crypto exchange

What reason they gave for the ban?

I'm not a "High Net Worth Individual"

They asked me to fill out a questionaire, and when I told them I'm a high net worth individual (the only way to pass the survey, as I've heard) a popup said this is a personal account so we've banned you anyway

Basically

You're not a billionaire hedge fund so gtfo

Phony capitalism at its finest
 
Number one thing to look for in any exchange is the security offered by it. Your funds must be safe.
 
If you are new to crypto, I would stay away from Binance even though it has a larger selection of coins. Coinbase is good for new users and has an advanced (level 2) interface. If you can work with a more advanced trading platform, binance is great.
I'm planning to trade, yep
do you use Binance bot? or others?
It depends what you are after.

If you want to go for main coins, any of the big exchanges should work for most people. Binance, kraken, kucoin for smaller/new coins.

If you don't want to do KYC get on DEXes.

If you want to trade actively you will most likely go for a centralized exchange like binance.

I plan to trade, so i thought that maybe Kucoin can be a good solution? they do exchange and also offer free bots
 
I'm planning to trade, yep
do you use Binance bot? or others?


I plan to trade, so i thought that maybe Kucoin can be a good solution? they do exchange and also offer free bots
For each one is different. I use them mainly because they got a few coins that aren't on binance.

But I am not a trader. I tend to hold long term (months or even years in some cases).
 
For each one is different. I use them mainly because they got a few coins that aren't on binance.

But I am not a trader. I tend to hold long term (months or even years in some cases).
i see
and how do you decide which ones to buy?
 
i see
and how do you decide which ones to buy?
I try to do my research.
But, since I am holding long term I can also rely on market cycles.
Plus I get mostly in coins that are top 10-20 (so most will still be there even in 1-2-5 years).
 
Look , how reputable the exchange is before starting to use it. Read the reviews about the exchange on some neutral platform.
 
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