Source
r/CryptoCurrency•
friggingeee

Which services do you use and why?

FOCUSED-DISCUSSION

We all know there's an abundance of crypto services out there, most of which differ very little from each other if they're competing in the same category.

Still, people use different exchanges, brokers, defi networks, staking providers, etc., sometimes even multiple at once.

Now, it took me quite some time to weed through the jungle and find those which I use now but I'm sure I'm still missing out on some great products or services which might just be that tad different that it makes it worth to at least try them.

What are the ones you use and why?

Let's share and compare!

Posted Apr 15, 2021, 6:51 PM UTC

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ACShredsPlatinum | QC: CC 464•

I always recommend Gemini to newbies and experienced people alike. Super low trading fees when using their desktop active trader App and 10 free withdrawals per month. The free withdrawals is enough to exclusively buy my BTC and ETH there.

Simply DCA manually using market buys on Gemini active trader then use the free withdrawals to transfer to a wallet you control, or to a lending platform like Celsius Network.

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FakeAsian •

I've never used Gemini myself, but this is good advice!

I know there's a lot of "no your keys not your coins" people on this subreddit, but I recently start utilizing BlockFi to gain interest on part of my portfolio and they make it super easy! What really got me into their service is the credit card they're going to begin offering soon that is 1.5% cashback on all purchases but paid in BTC. Such a great way to stack sats!

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goalhired •

Binance staking is really impressive. I also have used kraken to stake DOT and I’d recommend.

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Sondaica •

Also using Kraken it’s really easy to set up

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BetweenTheUprights •

By far and away, my most used service is Swanbitcoin, an automated DCA service for buying bitcoin. On their highest plan ($50 or more a week), my fees are only like $20 or so for the year. $50 and below, and my fees were just around $25 or $27ish, and you prepay the fees a year in advance.

It withdraws money from your bank account, buys BTC, and automatically transfers the BTC to your wallet.

The best part: customer service responds to you in a day or less.

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williehuggies•

A great tool to use was created by someone on this subreddit: thecoinperspective.com

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friggingeeeOPTin•

Yeah, I've seen the original post but I'm not quite sure how it's helping in a meaningful way?

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dperabelesTin•

For exchanges I use mostly Binance, and I've used CoinEx to buy VET (Binance withdraw fee is 100 VET and CoinEx is 2 or 5 VET i dont remeber exactly)

Yoroi for stacking ADA

NEXO for lending and gaining interests

Algorand Wallet for stacking ALGO

LTO Wallet for leasing LTO

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joeg4Tin•

-CB Pro for my fiat on ramp -Kucoin and Bittrex to buy smaller Alt coins. Also staking DOT on Kucoin -BlockFi as a savings account to earn high interest on stablecoins and some bigger bags. -Metamask to hold some funds and interact with dApps.

Might start using Gemini if I get approved for their crypto credit card before BlockFi approves me.

Oh and Yoroi for staking ADA, and myAlgoWallet for staking Algo.

I hope I don’t lose track of it all!

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butterlockTin•

I use binance for holding, staking and trading coins. And coingecko for tracking coins and my portfolio

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grapefruitcrusshGold | 5 months old | QC: CC 55•

Currently using cb pro and kraken, staking dot there. Use the daedalus wallet for ada. And i’m using celsius as well to generate interest on some coins i plan on hodling, including some stable coin. I have accounts on binance.us and gemini, but haven’t used them much due to using cb first but I am thinking of seeing if those will be better to use in the future. and yeah coin gecko to have a fought image of my portfolio and track prices. Also happy to hear any recs people have

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ericrox•

Crypto dot com for visa and defi staking, shakepay for btc or eth, binance for alt coins, uphold because of brave. Lol

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KingOfNumismaticsPlatinum | QC: CC 194 | r/UnpopularOpinion 12•

Gemini. Binance. Their good.

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architectus137 - 8 years account age. 200 - 400 comment karma.•

I use coinbase/coinbase pro for ease of use and fast kyc Binance.us for more altcoins - slow kyc for me ~3 weeks Kucoin for more altcoin exposure - doesn't require kyc Ledger nano s for - storing coins Adalite for staking with ledger Metamask - for dex use Plus a few other random hot wallets The hardest part is remember that number of 12+ digit passwords lol

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friggingeeeOPTin•

You need a password manager

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architectus137 - 8 years account age. 200 - 400 comment karma.•

I use one for all of my non financial/investment passwords

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friggingeeeOPTin•

Why not for finance? That's where you profit the most from long, secure passwords. If you don't trust your password manager, you need to switch.

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ejduniaBronze•

Binance. Crypto is banned in my country and binance is currently the easiest way to buy through P2P

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friggingeeeOPTin•

Here's my lineup:

Brokers:

  • BitFlyer because they allow PayPal fiat deposits
  • Coinbase for the earn rewards
  • Uphold for Brave rewards
  • Swissborg for insured yield farming

Exchanges:

  • Binance for the staking/savings/earning and altcoin selection, low fees, good app
  • Bittrex for some more obscure altcoins
  • CEX.io for their ZIL staking
  • crypto.com for the Supercharger and Syndicate programs
  • FTX for tokenized stocks, margin lending, especially for fiat, free fiat deposits via SEPA, great app
  • kraken for their DOT, KSM, FLOW and ETH staking, their good reputation, sensible selection of coins and trading tools
  • LATOKEN to get scammed with some ICOs and even more obscure altcoins

Ledger for cold storage, a host of different wallets, price checking via cmc and coingecko

No good defi apps yet aside from shapeshift which I don't really use.

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