Lets all press F for Cryptopia
Well, in short: they got hacked. And boy did they get it bad. With rumors swirling of an exit scam, no one is quite sure what to expect. All we do know is that a “significant” amount was stolen and the exchange has been shut into maintenance mode for the time being. Sources have come out saying that even after Cryptopia handed over the exchange to the New Zealand police, the hackers have continued to take assets from Cryptopia. Popular exchange Binance has claimed that it has frozen some of the assets the hackers stole, as they reportedly transferred it and attempting to sell it on Binance.
With little information being released officially, its safe to say speculation on the Cryptopia hack will continue until the CEO lets us know whats going on.
What do you think? Do you still have assets locked on the Cryptopia exchange?
Until then, I guess we are stuck with other exchanges. Take a look here at my top four.
What happened to cryptopia? Well, with more and more news coming out about the cryptopia hack, it seems they won’t be back anytime soon. As a long time user of cryptopia, I, and many others are forced to find a new exchange to trust with our capital. Keeping in mind trading fees and altcoin listings, this process isn’t easy. Below I will list four of my top picks for alternatives to cryptopia.
1. STEX Trading fee – 0.05%, BTC withdrawal fee – 0.0005 BTC, referral program – 25% forever
Stex is currently my top pick. With a low trading fee, tons of relevant altcoin listings and a super low withdrawal fee, the numbers all make sense (and cents). STEX even allows you to invite your friends and earn 25% of their trading fees for life! Get back to trading your altcoins on STEX now by clicking here, Account creation is painless and quick.
Coinbase’s main appeal is the ability to easily buy Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Litecoin, 0x and zcash straight from your bank account. I use coinbase frequently to purchase bitcoin to use on other exchanges and now when you use this link, you’ll get $10 of bitcoin free when you buy $100. Get Started with Coinbase
CEX is super simple to use and it is very secure. With just a few steps, you can easily select from a handful of altcoins to trade for. CEX, like coinbase also lets you buy Bitcoin with a bank account or visa card making it useful for buying funds to transfer to other exchanges that have more altcoin listings, like STEX. Cex.io also has a great referral program so you can earn some bonuses for telling your friends about it too. Get started on CEX.io
Yobit has a ton of altcoins to trade and they list new ones quite often. They offer a 20% referral bonus to any friends you refer to their platform. With yobit, you have to be careful, just because a coin is listed does not mean it is trustworthy. Trade what you know and as always practice best exchanges polices, like not keeping your funds on the exchange for any longer than necessary for trading. Get started with YOBIT now.
Do you agree with my list? Let me know in the comments below.