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Best Cryptocurrency Exchanges: A detailed Study with Persona Based Results - Part 1

https://www.patreon.com/InvestAnswers #FTX #Binance #Kraken #Gemini #Voyager #PayPal #Square #eToro #Square #Coinbase #Robinhood Best Cryptocurrency Exchanges: A detailed Study with Persona Based Results - Part 1 0:00 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry. 0:20 Why We Don’t Share Our Experience so my experience may not be representative of other people. 1:00 The Study Framework 2:00 The Survey & Its Goal 36,000 questions answered Across 10 exchanges Global reach Split across Patreon and Youtube SURVEY MISSION Find the best exchange fit using a data driven approach per persona 3:00 Age 4:00 Gender 5:00 Expertise 6:00 Location 7:00 Summary Findings Global M&F Global Cost Risk Ease of Use Power Features Avg Rating FTX 7.04 7.00 6.20 6.27 6.59 Binance 6.46 6.20 6.38 6.08 6.20 Kraken 5.74 6.68 5.91 5.37 5.93 Coinbase 4.22 7.23 5.83 5.63 5.70 Gemini 4.91 7.21 5.42 5.23 5.69 Voyager 5.68 5.64 6.21 4.49 5.61 Square 4.67 6.63 5.33 4.45 5.57 Paypal 3.41 6.96 5.25 3.65 5.12 Robinhood 6.25 4.83 5.16 3.51 4.97 eToro 4.40 5.70 5.01 4.39 4.89 8:00 Summary Findings Female 9:00 Summary Findings Male Global Males 10:00 Most Important Features Metric Benchmark (Overall Avg Rating By Metric) Security MobileApp Trustworthiness Platform Reliability Signup Process KYC 11:00 The IA Exchange Decision Tree (tbc) Want more? (you know what to do!)

Comments

Anonymous

Was about to go to bed. Not anymore 😅🇬🇧

Anonymous

Ready!

Anonymous

Greetings from the desert

Anonymous

Just a quick question did you mean 2023 instead of 2013?

Anonymous

On calls and puts video?

Anonymous

Hey James, echo on the line

Anonymous

Good Morning from Thailand

Anonymous

You had repeat till 2013…sure was a error

Anonymous

It’s fixed now

Anonymous

Coinbase wallet just announced an extension to access dapps on desktops.

Anonymous

Does FTX allow Australian to trade ?

Anonymous

Buying from Hong Kong is tricky, any ideas?

Anonymous

I’m using Coinspot and Swiftx in Australia. Any thoughts?

Anonymous

Is it easy to transfer from Coinbase to coinable pro

Anonymous

Yes. You actually are already setup to use it. Same account and password. Bank accounts are usable too. No fees to move assets back in forth if you stake tokens like ALGO or TEZOS etc.

Anonymous

Have you analyzed US versions of exchanges or international versions - especially Binance & FTX?

Anonymous

Coinbase has ridiculous fees. I'm a newbie and didn't realize I could sign up for Coinbase Pro and pay a lot less in fees. I got killed with fees on CB...over $500!!

Anonymous

Yes sorry you did fix it…Thanks for sharing…Amazing!!!

Anonymous

Dude, you’re so professional, you made laugh again with the echo. Forget about it! We in to see James! Thanks so much for your dedication!

Anonymous

Such a big gap between men and women. Come on ladies! 💃

Anonymous

OMG. Has anyone seen Goldman Sachs home page? It's all crypto.

Anonymous

James I have been trying to find out if and Why I should get out of Binance.com. would you please let me know. Thank you

InvestAnswers

Hi Jose, have you seen this? It gives me some concern. I sold my BNB and moved off Binance. But I am very very risk averse. https://youtu.be/MrsjHqQ6clE

InvestAnswers

Thanks Rod, I think I fixed it with a button.... it is an echo remover. Cheers for the support.

Anonymous

I haven't figured out how to donate to your little people sometimes referred to as animals. Please point me in the right direction!

Anonymous

Hi James. Great content here.

Anonymous

James, I was listening to you on Youtube several months ago when you said that you were here to help people and would particularly like to see more women investing. It was only through your encouragement that I started my small investment in crypto! As a widow and as someone who has never done any investing, it has been both scary and exciting, but I am trying to stay informed by listening to all of your "entertaining" videos. I have learned a lot and am about to become a 1/2 coiner ... a goal I never thought I would achieve! I am working on your most recent retirement model. Thank you for all that you do. You are helping more people than you realize!!!

Anonymous

Hi James,

Anonymous

James any thought about Canadian exchange platforms?

Anonymous

I was wondering if there was a file repository? I have not been able to find it any help is appreciated.

Anonymous

Wow , an incredible amount of work has gone into .. Outstanding !! Thank you for this content 👍

Anonymous

Can’t use coinbase pro , I’m in the uk and for some reason I can’t get a bank account verified . No explanation from CB .. Very frustrating. Be interested to know if anyone has resolved this as I know I’m not the only one ..

Anonymous

I use Coinbase pro and use online Starling account. No problem with transfers in the UK 🇬🇧

Anonymous

I'm I the UK and use Coinbase Pro, I've had absolutely no issues whatsoever.

Anonymous

I’ve had no issues on any other exchanges so I really don’t get why Coinbase won’t allow me a bank transfer, dammed if I’m gonna pay card fees .. Still , you guys give me some hope that at some point it will resolved.. By the way .. Customer service is appalling ..

Anonymous

Yes this is the reason I am having issues with Coinbase. So I do not understand fully why Coinbase is on the top three. Bad customer service. ZERO! I cannot buy with CC more than 100 Euros a week and Bank Transfers are refused because of a joint account. for me coinbase is a no go area. One looses trust. So Looking at the whole Picture I am left with Kraken. Or then I join Bitpanda or something similiar. I don't trust any one anymore. Cheers

Anonymous

Gemini has been ok , may try Kraken next , Think I’ll concentrate on how to figure how to reply to people on here first though . 😂 doesn’t want to work for me

Anonymous

Yeah Gemini active trader is very similar, can only buy BTC and ETH with GBP though which is why I’d like to use CB pro .. Still I’m glad your experience is positive,it gives me hope 👍

Anonymous

James you are amazing, love your channel. I use crypto.com , I find the App is very good but I'm just a beginner. What platform would you recommend for me, woman in 40s from Ireland/Europe?

Anonymous

I tried them all, My go-to now is FTX (I honestly found it the best after trying it on your recommendation). Before then I found Binance very reliable. recently have no issue direct bank deposit in the UK to Nexo which has been awesome for me. So FTX & Nexo for me.

Anonymous

Hi james. thank you as usual. How would you set up a MSTR option trade at its current price? thank you

Anonymous

I also have TSLA Jan21 2022 570 calls. I am up 50%. You think I should let this ride out or close it?

Anonymous

This was an interesting one. For people that are on exchanges for staking, you might be interested in the following. You can also stake one or other in the following wallets: Exodus and Atomic Wallet. I recommend Exodus highly. Been using this one for quite a while now. Customer support answers quite quick and to the point, which I like. I just started out with Atomic since this was highly recommended by Guy (CoinBureau). Don't have enough info yet to give an thumbs up or down.

Anonymous

I use Kraken as well. It's quite good. But more expensive than Binance. Security is top notch, though. Not sure whether Bitpanda is an option for you? Although, it's not really a trading thingy, more of investing.

Anonymous

I'm a 67 year old WOMAN, and I own most of the coins you own, James. Your content is great; you are my favorite Crypto Edutainer. :D I usually watch you on YT but I'm trying to get into Patreon. Thanks for what you do.

Anonymous

A Big hello from the UK James and thanks for everything so far.

Anonymous

My question is...as a UK citizen we can save up to £20k per year tax free in an Isa...I have a stocks and shares isa and as well as building my crypto portfolio through your advice it makes sense to utilise this tax free option so I'm thinking in investing in companies that will give me access/involvement in crypto and was thinking of microstrategy inc and wondered what your thoughts are and would you also recommend other companies in the crypto field over mixrostrategy? Thank you and blessings from the UL

Anonymous

One thing to share Crypto.com has worked for me and has many James evaluated and they have replied back to all my emails - in one I asked for SOL and next thing you know it is there. AAVE as well. Think insured better than many. Might be worth using some folks. From the states does anyone know if limited to other countries?

Anonymous

I have been using Exodus for a while, but my wallet did not include all balances and there was no refresh button - Customer support was terrible, patronising, off-point, did not resolve it.... Different experience to yours!

Anonymous

I'm in NZ and use Crypto.com (amongst others). Happy with it.

Anonymous

I love the analytical and structured approach. And a great idea to crowdsource the input and mix it with your own 👏🏻👍🏻 Great work and I’m looking forward to part 2!

Anonymous

I haven't found Bitfinex on the list, am I the only one using that?

Anonymous

@Thaigold I'm no edutainer but I'm doing exactly the same with a Freetrade.io isa. PLTR, TSLA, MSTR, COIN, NVTA etc. Up 22% since I started in May!

Anonymous

I looked Bitfinex but found it not really easy to navigate. I don't think anything is wrong with it, if it suits you and you now the platform well.

Anonymous

Buen aporte