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Exchanges establish their own fees. The fees are different not only between exchanges but sometimes between different trading pairs on the same exchange. Use a free service like Switchain to compare rates between a few different exchanges for each individual transaction.

There are custodial and non-custodial exchanges. Put simply, the first ones hold onto your assets that you leave with them which is what makes it vulnerable. Once it's hacked there's nothing you can do but watch. Non-custodial ones only hold your assets for the time necessary to complete the exchange.

Hope this helped.

yes, every Cryptocurrency exchange sets its own costs, and you are right there are some vulnerable and cracked cryptocurrency exchanges, for example cryptocurrency exchanges in Japan that have recently been hacked,

Good exchange is exchange that operated more than 2 or 3 years and they has good reputation, never get any hack and comply with the regulation in the country their located. I used Bittrex and Poloniex more than 2 years and i have balance in that exchange also since 2 years and untill now that my balance is safe. So this both exchanges is one of the best exchanges.

I guess due to this mess we have the exchanges with lot of new added features where they are offering their own coins for us to use as fees. If you use them for paying the trading fees or withdrawal fees then you literally get flat 50% off on your fees. Thus it makes the life simpler that way.

I guess there are many more exchangers like this, for example recently I have seen lunch of new exchanger called as TowerX Exchanger which is giving you huge benefits of holding their coins as well as paying the fees with it. You get flat 50% off on all your fees. I guess its pretty good isn't it.

For investors (long term traders) trading fees are unnoticable. They are noticable for daytraders/ short term traders. But for them there are thing that are dozen times more important (like liquidity, spread, trust, interface, sharpness (time from creating order to beeing it anable to fulfill by other trader - simply if i create order and its on market 10 s after, then i cancell it and i have money 20 seconds after - its not for daytrader)

So this tool is useless. Trading fees are not the only factor in choosing exchange.

I have 1 feature of good trading platform. Its name has to be Binance. That the best option for regular trading. Its sharp, without fake trades, has great interface, its secured the most. Binance help even users with hacked API kays. It also has highest volume (lowest spread) and very low trading fees. I've used at liest 10 exchanges (just to utilize shitcoins that i had for free). Noone was even close to binance. And none of new trading platforms will ever get close to binance because every new one will have volume close to 0 (huge spread). To convince me to switch from binance it must mature, get good reputation, survive few hackers attack without loosing coins and get massive volume. I dont think that it is possible in less than year.

I guess fees are not only the concern the crypto currency exchanges what should be more concerning is security and safety of the funds that we are trading over them. Now at any point we will always be holding more than 1000 USD over the exchanger with different coins and tokens. Thus it must be a secure exchanger and we better not be victim of hacks and leaks that keeps happening these days.
For me it doesnt matter if the fees are 0.1% or 0.05% by using their tokens because thats just tiny fraction of the what we are trading and thus it should not be very concerning for us at all. Thats just my thought regarding the crypto currency exchangers.

Pick the exchange where the trading fee will be based on the percentage which can be helpful for the people who are trading with low capital and also choose the exchange where the withdrawal fee is less fee because there are many exchanges like Hitbtc have flat withdrawal fees for each coins.

Cheaper transaction fees.
They should really try to implement this to every exchange out there.
People already knew how risky it is to leave your funds in an exchange so why not give them the benefit of going in and out without hurting much from the fees.
There is still profit there, specially you are helping miners with it.
But with huge fees? They are forced to stay and when sh1t happens they cannot even get out that easily.

This is good comparison about fees of exvhanges site. We looking different for exchanges site and for sure we have favorite exchanges site and this tips maybe is useful to other people like newbie who starting trading.

That's nice to share this, it's very useful to all newcomers here in forum to get an idea for choosing about in exchange site. Actually, there are many popular exchange site that we can use like bittrex, binance and poloniex etc. Just be careful to used it, study first on how to used it.

Thanks for the tips. IMO, reputation of exchanges and trading volumes are important apart from trading fees. It is good to weigh these factors when choosing an exchange.

Necessarily does not have to be more than 2 or 3 years, but most of the time, there is always something that comes with reputation and for an old exchange that has been doing well, it is normal for traders and investors to want to tend to that area.

Moreover, if we are to be looking at years, I am sure HitBTC has been on for quite some years now, and if we really are to judge based on that, I am sure you will definitely know the answer to give in terms of using HitBTC or the likes of Yobit.

There are new exchanges that are building good reputations, have a nice platform, very good fee and a nice support, and as far as I am concerned, as long as you know the exchange is compliant to a regulatory body and all these things are in place, then there is nothing stopping you as a trader from using such e.g. the likes of binance and Kucoin.

And mostly what happens is they stay in the exchange to avoid the large transaction fees.
The problem is they will get something out of your trade and then they will take another from your withdrawal.
Miners fee + others. Can't they just change it into dynamic mode? One of the questions I have been trying to look for answers.

Another is like HitBtc which is a robbery. Deposit fees. Ergh. That is just too much if you add the payment that you will have to do from all that little move you made.  :'(

I totally agree and I hope that more people read your post and realize that a good exchange should have all that you mentioned in your post.

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OP, I do not think you should worry too much about the fees that are charged, but worry about the things that @Tytanowy Janusz mentioned. Imagine that one day you use yobit because the yobit bastards would be charging very low fees, but at the time you withdraw your coins do not get in your wallet and yobit support ignores you for years. in the end it was not a good decision to use yobit

In as much as fee is one major factor for trading and choosing an exchange, most especially for high volume traders, I would still not say it should be the only criteria to choosing an exchange. There are so many exchanges out there, and you really want to be sure, you are not ending up with the wrong one all in the name of looking for lower fees.

It is important to check the reputation of each exchange in terms of security, support and some other relevant things which includes fee as these should be the criteria you will be putting all together to know where you want to be trading. Like many people here, based on listing of one trading-pair, I am forced to sign up with an exchange. At those times, just checking with coinmarketcap and finding that coin's all exchange are the few steps being followed before signing up with an exchange.

Security of funds should be paramount in selecting an exchange, hence I go with known and well established exchanges, then other important factors should be about the fees, both trading and withdrawal, volume, trade pairs and quick responses to user issues. Then am fine

There are no sure shot tips that can guide you for selecting the best in the industry. One can surely conduct proper research before finalizing a deal. You can read articles on the internet and get guidelines from people who are already involved in trading on various exchanges. Some of the basic tips that you should consider before opting an exchange are mentioned below:-

Security:- An exchange must be equipped with high-security features ensuring the excellent safety of the funds of their traders.

Supports Multiple Cryptocurrencies:- As we all know that there is not just one cryptocurrency format known as bitcoin, but there are a lot of other cryptocurrencies in the market. You need to check whether the cryptocurrency you want to deal with is being traded on the exchange.

Liquidity:- It is necessary that the exchange offers sufficient liquidity and trading volume to help ensure your transaction is quick and easy.

Fees:- This is the most critical factor to be considered. You need to make sure that the fees that are charged by the exchange are not very high. At the same time, you do have to see that you are not selecting an exchange that charges very less or nominal fees, because if you pay next to nothing in transaction fees and then you might lose your funds to a potential hacker's attack. So always prioritize security over fees.

Location:- It is one of the factors which is neglected the most. The location of your selected exchange will dictate the regulations it will have to comply with.

The tips as mentioned above are being taken from a blog found online. To know more about the tips mentioned in the blog, you can visit the following URL:- https://medium.com/@ibinex/key-features-to-be-considered-before-choosing-a-crypto-exchange-b628a718e812 (https://medium.com/@ibinex/key-features-to-be-considered-before-choosing-a-crypto-exchange-b628a718e812)

Even if we are listing exchanges, HitBTC should not even be counted among. This is an exchange that is engaged in day light robbery like you said, no support, not even a good platform to trade on, several attempt to keep stealing users fund and so much more and I still wonder why people still make use of this exchange by the way.

Normally, we should expect that exchanges will always tend to make a whole lot for themselves, and even though we may want to see something dynamic, they are in it for the business of rendering service and bills got to be paid, isn't it ? However, being lenient with the fees is one thing that we should clamor on, and for what it is worth, we have seen exchanges like Binance doing a great job so far.

People (mainly noobs) these days look for exchanges with soft to no verification policies, and exchanges that continue to list utter shitcoins. Hitbtc checks all noob-requirement boxes, and for that reason it managed to grow out to where it is right now. I think it's safe to say that 7 out of 10 exchanges are straight garbage and operating illegally due them not having the required licenses and registrations.

In the end, can we really blame some of these exchanges for being absolute scam holes? It's people's fault to use these exchanges with how much information there is available to read into before signing up. The noobs using these exchanges make sure they they act as the demand needed by these exchanges to exist. Without noob demand there won't be any scam exchange. It's that simple.

People really need to start looking at themselves and acknowledge how they are the reason exchanges as Yobit and Hitbtc are still a thing today.

Go to coinmarketcap anf find some good exchanges for suited for you. Because top 10 in coinmarketcap is so nice and legit if you choose in for your trading work.

it is absolutely true to what you say, and almost all exchanges determine the costs they set, and I don't think that is a problem because it is their rule.

Most traders don't care about those things. They are after for the money that they will get. But once they are screwed and can't get out of their coins, they are crying so loud about the scamming activity of that exchange. They should be very careful at the start. It is almost impossible to get what you lost because very few to no one will help you in recovering those money lost.

it's not enough you have to do an analysis based on the other trader's response to an exchange. I give the example of hitbtc all seem safe and reliable but some traders often complain about services there.
it can be a consideration for you.

I can attest to that yet i have tried out to test or use Hitbtc which i do experience issues but only on minimal matters.This thing cant really be avoided lets say using up the top 1 exchange doesnt guarantee you to have
 a flawless or 100% service which there would really be possible errors or issues to be faced might not be today or in future.The important thing is just stick to the current famous ones because you can somehow assure that they are really better than the rest.

If you're exchanging large amount, those transaction fees is almost negligible realizing that you need to store your coins to the most secured exchanges. Always put in mind, security is one of the most important things about cryptocurrency. However, develepers are still working on it to setup a hacker-proof exchanges.

If good exchange is that operated more than 2 to 3 years. How about Binance, okex, and houbi these 3 exchange as far as I know surpassed Bittrex and Poloniex already and these 3 exchange platform also listed on top 10 exchangers. Probably, in choosing a good exchange I think the good basis is the volume itself they have. Meaning, years is not a basis for us to know the good exchange.

I'm also using Bittrex as my cryptocurrency exchanger, its good, fast and reliable. So when choosing an exchanger, make sure that they are operating legally, safe and secured it is very essential to all user of the exchanger when it is safe and secured, hack-proof and system error=proof. Recently i used Bancor for a single transaction and i am impressed although fee is quite higher, im looking to use bancor as my optional exchanger.

I would like add one more tip. Traders should also choose an exchange which complies with the regulations including KYC/AML compliance. Governments are tightening their policies and regulations towards cryptocurrency as it is an easy method for terrorists, smugglers and scammers to transfer their cash without getting caught.
I noted that majority of exchanges manipulating their markets with fake trades, you need to consider about this issue as well.

Just go to the coinmarketcap and choose some exchanges you can use for your money to earn a good profit and now you just need trade your coins.

Well, thanks to OP's tip surely it will enlighten us. Correct, choosing a good and reputable exchange is to lower your risk in putting the fund. There are many exchanges now having shady services to the trader, they are freezing your fund and you cant avail to withdrawn it back.
I don't like having KYC but most likely exchange now implementing on that law just to have a minimal scam activity, but there is a risk to us by sharing our personal data.

I think the second part is not necessary anymore, just by choosing a well reputable exchange will make you money safe as they are the ones who are legally operating under the law as well as they are the ones who are legally liable once something has happened in your money while it is with them. Rates and fees also are highly competitive and you won't see any big difference. For me what a trader would need to look into more are its withdrawal options with them as some exchanges really don't have any good withdrawal options for some countries.

One of the Don'ts of trading is never to leave assets/coins on any exchange — no exchange is beyond hacking. Nevertheless deal with the ones that have proven themselves to be reliable and credible. Other criterium to watchout for is good and responsive customer service.

You're right what you said. But i don't recommend you to keep your money in exchanges which centralized and never give you the private key. Also they can freeze your money on any problem, even they won't tell you that. You just need to keep your money in the offline wallet.

I don't know what are those exchanges in cryptocurrency that operates 2 to 3 years but maybe, it is one of the reason we need to see if a certain exchange is legit or not. There are many exchanges that exist nowadays and the worst is, most of them are scam exchange. If I will trade my coins, I always wait for a centralized exchange or popular.

For me, If you are choosing an exchange, you must be wise to keep safe of your coins. Choose an exchange with a good reputations to avoid loosing of your coins. Some exchanges are scam.

Although there's a risk in sharing our personal data, but the important is you keep you personal passwords or any private keys confidential. Of course you won't deal with those new and non reputable exchanges to get some of you personal information, so you're still safe with your self identifications submitted. We should entrust our funds on those exchanges with higher volume of trading funds and have that assurance of trading security upon withdrawal of your profit specially the trading fee of the trading site.

Well, it is your duty that when you do some transactions in an exchange, you should check first the fees, the withdrawal options and especially the reviews of the people of the exchange. I would check first if their customer service is responding and how fast they can deliver the service. It would check as well the possible problems that will rise. Nevertheless, I wouldn't keep a coin in an exchange if I intend to hold a coin for the long time because there is always a risk that it will be hacked.

 Make some research about the exchange mate don't ever jump quickly because mostly exchange has big fees and high minimum withdrawal which not fair. And sometimes scam.  So make sure to make a research to ensure if it's friendly exchange. 

Fees is not my problems but how they give good services and solve my transactions problem is more important. Low fees not guarantee they can give us best services but most exchange with difficult rules and high fees can. I will not suggest you to take exchange with high fees but see how they works will much better, replace your money on that will create better transactions.

Thank you for this depth this will help you specify the previous ICO before they should be started or making for advertising for their. I would suggest that you continue to update the database paths frequently to accommodate more data that will come later. :)

I concur. For me, trading fees is the least factor when choosing a good exchange. I would rather choose one with a higher fee with a way better security.

satisfying security and service i think it will be more in demand, compared to transaction costs. other than that there are many large exchanges with higher costs, but have many members

Higher fees doesn't mean high security so you need to pick the exchange based on the reputation not by fee and to be honest the most reputed exchange is Binance where the fee also very less when compared to others.No exchanges have better security so neer store your fund in any of the exchanges after the trade completed.

Forget about how much the fees on every exchange because I am sure that the fee is not too big especially if we can get a big profit. I think you can try to choose a big exchange with a big list of coins and that exchanges can move fast than the other exchanges so you can have a chance to chase the profit. Besides that, you need to think about their customer service because this is important for every customer so they can solve the problem as soon as possible.

I do think that every exchange out there is vulnerable to any attack that will come hackers, though some of them will be difficult and be able to withstand attacks to a certain level. The very first thing you should have in my mind is to not buy from a place that will disappear overnight. After that, consider your location and the exchange that is best for your location.

Next is the level of security, you need one that has a strong level of security just like Coinbase. Maybe this will help you choose, read this article on CNBC– https://www.cnbc.com/2018/03/21/how-to-pick-the-best-cryptocurrency-exchange.html

Security of funds is something that has to do with a whole lot of users themselves and hardly will you see any exchange today that does not have 2FA enabled and if there is no 2FA available, you should not even be bothering yourself about using such an exchange at all.

Additional layer securities are there for users to protect their funds, not this is totally different from using an exchange that is known to be problematic and full of scams themselves, which is one reason why I believe before using an exchange, get to see what people are saying about each exchanges first and you won't miss it when making your own decision.

Nah, the bottom line here is don't leave any amount in exchange sites that in the first place you can't afford to lose.
Having high fees is all usual nowadays and so far biggest fee that I encountered was 0.001btc in hitbtc and hotbit.
I think what should we look at is the credibility of exchange sites and likely its trading volume.

Some people afraid about fees but for me delay is the biggest problem. I play buy fast sell fast no need time to wait because price action always move. For people who using strategy like me finish transactions in short time is very important because if I can make a lot transaction my profit will be double but also my losses.

Yeah, fees may not necessarily matter anyway when you are a low volume trader, but for high volume trader, it is usually something to always consider. However, like you said, it is not just about the fees alone as there is so much about the reputation of the exchange itself that should not be discarded. What is important most of the time is to just find good exchange with a very quality number of coins and that is actually what is mostly important.

Customer service is also a very important thing when it comes to exchange but for reputable exchanges most time, it would not always be needed, as hardly will you find a reason to. I am honestly in love with Binance because it has almost all the things I want in a single exchange, but all the same, coupled with the fact that I prefer spreading risks across exchanges, I make use of bittrex and Kucoin as well.

The fees is slightly increase for the way that it could fasten the transactions and avoid from long delays due to heavy traffic in the blockchain. We certainly do complaints with that fees but still it won't be change. Anyways,  it could be better to pay for such amount rather than of having a long delays on withdraws and deposits transactions.

For huge volume or amount traders then high fees doesn't really matter but for smaller ones then fees would always matter but on most exchange fees doesn't really have big gaps yet most of them are on optimal or suggested fees but there are exchange which do have set higher but well no matter how high or low it is the more important thing on choosing an exchange is the credibility and the current popularity of it on the entire market.

Choosing good exchange are follow for my own strategy
1. The legality of the exchange
2. Security system of the exchange is very important to avoid hack the acount
3. With pair transaction fees

Yes it would always be the best trading service to have a faster transactions, but definitely we will have to pay for it rather that waiting for delays. Choose what's the best options to have in trading rather that sacrificing for slower transaction fees. If we lose more times, the money also will be gone because every second is always another opportunity for us.

Go to Coinmarketcap and find some good exchanges from top 10 exchange you will find a good 24hours of volume.

The most important thing is the exchange rate.Another thing that I look in an exchange is the diversity of coin it posses and number of countries it is used because this gives me confidence to invest my money through that exchange.

Looked at the website and tried it.

It's just a converter of crypto to crypto.
Into what exchange are they basing that conversion? Binance?

A good effort, but I thought I am going to see a list of exchanges and sorted out from the largest price to the lowest. Well, nevermind though. I didn't really think someone could make an effort to go beyond that.

I just choose the exchanges based on what coin I am going to trade because not all the exchanges have same prixes so we need to choose the exchange which is offering the highest prices for our coin and also don't just choose the exchange because of high prices also see tbe 24 hour volume of your coin there.

At present, the exchange is a very important thing because many fake exchanges have been found out. If you want to get an idea about the exchange, At first you need to check out telegram group if the telegram group does not have their telegram group. Initially, you can understand that there are problems in them. So first of all I think that a good exchanges is going to find out telegram and see their communications, so you can understand which one is good exchanges.

If you have any doubts about your safety, i don't think the first 50 exchanges are going to steal your money. You have to pay attention to fee, so some exchanges sue more fee. Also, never store your money in exchange because of the danger of hacking.

I think it can help new traders differentiate exchanges. Maybe it also helped traders define the difference on custodial and non-custodial exchanges.

You prioritize security rather than fee issues. I guess that's also a rational reason. As long as we feel comfortable, I don't think there will be a problem. Long term traders do not feel the impact of the fee though. I may have the same thoughts, because I also do not trade too often. And I usually choose to use an exchange that has stood for several years and has proven its credibility as a good exchange. I'm worried about some things because of the emergence of too many new exchanges.

There are actually a lot of reputable exchanges at the moment, no doubt, but the thing with a whole lot of them is that security is actually in your own hands. Most of the reputable exchanges today, have 2FA installed in which as a user, you are only left to take advantage of the maximum security for your wallet.

With respect to using a very reputable exchange based on usage by a lot of people and the development of the team on the exchange, I would say it is always better to flow with the ride and for now, when it comes to fees, security and reputation; binance is actually taking the lead.

Me too. By the way, what exchange are you using? I use CEX, https://cex.io/ which is practical and convenient. Their security is very solid and covers some drawbacks.

Go to coinmarketcap and pick some good exchanges there to manage your funds and good trading for 24hours to avoid lossing big money.

Service is good, I often use it myself.
I recommend everyone (not advertising)

Fees, delay, uncompleted coins list make users will leave exchange but this is not problem. Many exchange already came with powerful tools and friendly support to solve many users problems, but we must understand there's something ( rules/ condition ) they can't break. Take any exchange you want but they must have good track record and responsibility to finish and protect our transactions.

Yes, each exchange service allows different commissions to be traded, but I think this is not the only element that should be considered during the election. Services currently taking the highest fee today usually serve with rates of 0.8% and this rate is not too much. On the other hand, it is necessary to take into account a variety of factors such as user density, transaction volume, technical support service and payment speed of services, which allow transactions with low transaction commissions only. Also, the coin pairs offered to us are of great importance at this point. For this reason, I believe that this preference should be made by taking into account the things such as transaction volume, support and payment convenience, depending on the coins we will trade.

it doesn't seem difficult to choose exchange if the coins we buy are ranked top like bitcoin. but if a new token, of course we cannot choose a large exchange, because the foundation is not yet solid in the token

if you plan to trade, choose volume exchanges. if you want to buy a rare coin, then you have to risk to buy it on unknown exchanges

Im not really into seeing fees first when i do tend to choose up an exchange because normally they do really range 0.8% or more but not really a big issue on my side same as you said this is not the main preference on choosing up. I do always go after on the reputation and popularity because it is quite understandable if you do use this one it do already have the most things that you do seek for on a good exchange.

I'm essentially paying attention to security, because fee of exchanges is not so different, there is just a little amount difference. In fact, due to all of the coins are not in one exchange, so we sometimes have to use unknown exchanges. But, if there is a more selections, we should first choose the security, then fee.

You can easily find them by looking at their reviews upon trying you will know it already and also you can consider this including to their support system if ever there is an error found. There are various of exchanges scattered around the web and you can look at them one by one to see if you've got a problem with their security, such as Binance for example.

I do not believe that free exchange will run well, they need funds to carry out maintenance and development, if an exchange frees up costs, then they will not be able to get funds and will have an adverse effect on exchange performance, what do you think, let's discuss

Some exchange has fake trading volume and avoid this kind of exchange, there are alot of number of new exchange now but i still use old exchange cause a few years already i used it and never get any problem. In my opinion good and Trusted exchange is Bittrex, HitBTC , they was launched acouple years and never get any bad issue.

Main point I look at when choosing an exchange (which I rarely do, I have been in crypto for 6 years now and only used 3 exchanges total for altcoin trading and only used 1 exchange for local fiat cashing out since I started) is the trust aspect. If you see the news there has been a lot of people who complain about their money being stuck on some exchanges.

Coinbase is one of the biggest exchanges in the world and they have been the unicorn of startup world in silicon valley and started a new shop in ireland as well to go global but in reality there has been a lot of complaints on reddit where people talk about how coinbase kept their money without a warning and people had trouble getting their money back until they complain to SEC or similar places.

If even coinbase is doing this than it means you need to be really really careful with exchanges, thats why I usually try to do my job quickly and try to get out quickly and not hold too much funds in any of them but if I am going to do it I try to select the best known and trusted ones.

You are right on your answer mate, I was using bittrex for a years I think , then I've been in Poloniex too before but I pulled out all my coins in Polo during the time that they faced some issues, moreover when Binance, kucoin, Coinbene, Houbi and okex came out I shifted on these exchange now. Why? it is because those are listed at the top exchange platform in the market where Bittrex and Poloniex has been surpassed by these exchangers. Though I'm still using bittrex now but not as often like what I did before.

When you want to get best exchange you took more then 2 or 3 years and they has good reputation, never get any hack and comply with the regulation in the country their located. And always see their fees Website speed security and So on.my opinion good and Trusted exchange is Bittrex, HitBTC , they was launched acouple years and never get any bad issue.

You cannot take as a given that any exchange is immune from issues. Look at what happened to Bitfinex in the summer of 2017. They're probably one of the more reliable players and their security was not great.

Counterparty risk in the crypto-space is such an issue because even the really big reliable exchanges like Kraken run on a mickey mouse database backend with no middle tier. Don't believe me? Look at the behaviour of the exchange anytime there's high volume. Fucking falls over on its ass.

This 5 minute video (https://www.youtube.com/watch?v=7XlldVGguU0&t=25s) discusses a good solid way to measure and manage exchange counter party risk. Especially if you trade at size.

If me i'd better to avoid exchange that i don't know that must take risk to trade in it.  ;D there are still a lot of tokens that can traded in well-known exchanger, but it is ok if we don't have choice like when we want to sell our tokens.

It's better to trust the old ones that we are used to. But its also good to try what new exchanges can offer three might be must better. We just need to be careful thou.

In my opinion the most important thing features on the exchange is they has high level security, and others one is they should be have high trading volume, provide feature of stop loss, good customer support,  they has good reputation, legitimate and fully regulated.

like this dude

each altcoin certainly has a number of different exchanges, you have to find out which one can be traded on which exchange.
but if you want to trade safely, you can try it in binance or bittrex.

One of the reasons I chose to trade with Binance was due to the 50% discount for trade charges when holding Binance coin, I think they have reduced the discount further. I am just waiting for some of the about to launch exchanges that promised no fee charges for trades such as digitex and the promised to launch their exchange this 4th quarter and BDT exchange  that had promised a free of charge trade for anyone holding a certain amount of their exchange token.

Nice write up and I think I have learned a new thing today and that is switchian that I can use to check trading fees in exchange platforms.  In trading we should now the exchange platforms that give lower fees and reduce the cost of transactions.  There are many advantages that different exchanges provide and you should do more research to find out those advantage and used them.

Yes you’re right about that but sometimes you can’t really tell how secured an exchanger can be until they are tested. There are lots of exchanges and many believe that Coinbase is the safest exchange you will ever come across, but some still say that it is not 100% secured and that there is risk that follows cause it can still get hacked despite having two factor authentication. Sometimes I ask myself if two factor is really a good feature as people claim, seems like hackers now knows a way to bypass such security.

tips for being able to find a good exchange place maybe you can see from the trading volume that is in the exchange and choose the safest exchange place, make sure you can find an exchange that has such criteria.

As a result of some of the security lapses that has happened in the past and how not to be a victim again in the future, I totally agree with this. No matter how reputable an exchange is right now, they cannot be trusted, simply because you do not have a full access to your funds and that way, you will always need to be very careful.

At least, trading on two or three different exchanges kind of spread the risk and it is a good thing that with the likes of application like tab trader, where you can have all your trades from different exchanges done on one app, it makes things a lot easy.

Actually we have to depend on some factors that can help us to choose a good exchange. Time , experience, skill or that sorts of things is kind of necessary when choosing a suitable exchange. Combining these factors together is brutally helpful. First of all, we should put  the security on the top one that is the most important factor. Because obviously if the exchange is not secured, your asset will not be guaranteed. Your guard should be up every time. Also, you’d better build a wealth of knowledge in order that you can be much flexible when choosing exchange as well as making a decision suitably.

Iam not really care  about trading fee on the crypto exchange,  but the most important  thing is that exchange  has high security  level and protection for all their member.  With some case of hack on exchange in the past,  we need exchange that really care about safety, protection and guarantee of fund.  Others all exchange  should be has program protection  just like SAFU of Binance.