Bitcoin Forum

Hello,
1. What are your personal the must-haves for an exchange to be of any interest to you?

2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.

ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.

Thanks in advance,
Art

Security, trust, low fees, good support. And liquidity. Some also prefer the exchanges where you don't need ID/papers.


Usually low liquidity is translated to a bigger price gap between sell and buy orders, making the exchange unattractive.


The start is never easy. Good luck!

Security and a trained support team who can solve all problems in a short time and interact positively with users "the most important thing especially for new platforms."
Fees, Altcoins and other things can be improved and ignored compared to what is stated above.


What you say is unprofessional, which is a negative indicator when talking about a platform"Trust", you need a strong team with experience in this field.

the main thing that must be in exchange is the best 24-hour security and service that is ready to respond to any problems that occur on the trading platform. the next one is the selection of potential coins that can invite us traders to come, not rubbish coins that will be a burden on the exchange in the future. next fishing with few cheap and special bonuses that can make traders feel at home to trade there

There are generally accepted qualities which are required from an exchange and most of them have already been listed on this thread.
One main quality I look for is, ease of withdrawal. A common problem faced, especially with centralized exchanges is long and inefficient withdrawal procedures, which often requires manual confirmation.
Liquidity also is a very important factor.

Low transaction fees for me is of utmost importance,i tend to go for the once that are affordable and that's definitely not at the expense of security,which definitely stands out as one very vital reason for my choice of exchange
I also go for exchanges that tends to protect my identity,i can hardly give that away all in the name of KYC
I do hope you have a nice project on ground,and you're working well to succeed,it definitely wouldn't be easy getting enthusiast to trust a new exchange,but goodluck

Thanks for pointing it out.

Well, we are aware of what other exchanges offer and what is more or less most important (security, low fees, good support, enough liquidity and "some" coins or tokens to choose from, stop orders, tradingview-like graphs, etc), but what we are not yet aware of is the patters that provokes users to come in (like looking for tokens or coins that are not yet listed in /EUR market. Listing a new pair does not mean it will automatically succeed. I may even be useless if community doesn't need it). 

I hear you naming trust, support, low fees and these are quite obvious things to be focused on (and we will be). But I am also keen on understanding what else should we introduce in order to get you as a customer. What would get you to us? ZRX/EUR or stop oder? API or an APP? API 1000 call maybe would make a big deal? this or that?

You see, we'll end up doing it all probably, but our luck is very much depending on the order all these things will get delivered to the customers.

By asking "tips" from you I'm actually hoping to get the suggestions that would let us be more competitive in the fields beyond obvious stuff.

Thanks,

We'll intriduce a "crypto-friedly" IBAN as we like to internally call it. Basically, we've found a PSP that has the right opinion towards crypto and allows us to make quick/almost instant FIAT payments (of course, if these payments pass our AML requirements. I guess, most of the times AML procedures may be the thing that delays withdrawals. Also, keep in mind that some payments simply take a long time (like SWIFT).

Could you name a few that are of your personal interest? Would be very grateful  for such info.

Volume is one of the main factor I will look for while I am start doing trading on any exchange and after that their security features will give us confident to hold our coins in that exchange for further trading and also to avoid the fees.

Like it's been stated already, I mostly look at the security of my funds. Don't want no exchange where I wake the next day and find they've been 'hacked' and my money is gone. Then I look at the liquidity and volume of the exchange, then fees come last.

I prefer to be on the crypto market with standard volumes, security is very important, low cost and fast delivery, and there are admins who are ready 24 hours who can be contacted if there are problems with deposits and withdrawals.

I will look for the trading pairs and their security features while picking the exchanges and decentralized exchange are my preference always but sadly we don't have much of them so go with centralized one with better reputation like the exchange in my signature.

The security of the exchange is the most important for you to secure that your money is safe. There are many exchanges that have been hacked because of low security. If you want to ensure that your investment is safe, find a exchange that have high security.

The most important thing is trust and reliability and then a broad range of coins and liquidity, without the first thing I won't go near to any exchange.

I personally only like to trade in highly liquid markets but know of many who look for opportunities in low liquidity markets. Each have their merit, high liquidity allows for more trades but lower spreads, low liquidity the inverse.

As for crypto/euro pairs, it's always going to be tough to compete and get enough of the market, even Europeans are so used to USD being the main currency now and it's confusing trading cross currency.

You have to be careful when you want to choose a place of exchange, you should be able to see a place of exchange that has high security and a fee that is not too high, you should be able to find a place of exchange that has very much trading volume every day because there will be many traders who trade there.

Indeed, security is the important thing. Daily volume, low fees and there is no need to do kyc for small transactions will be good too. Currently, there are many new exchanges have been created but not all of them able to fulfil such conditions and that is why I still prefer to use the old exchanges, exchanges that already proved to be secure and met most of the above conditions.

My number one reason of choosing a right exchange and that would be an exchange with has a lot of volume for it and would make prices change every time.

"low" in a way is a relative term. and I have seen people confuse it with a dead market. for example there are many exchanges with low volumes out there which are working fine and I have had the best experiences of my trading on those platforms whereas I always had bad experiences with big exchanges because of a lot of issues including lack of support, slow servers,...
"low" volume in my opinion is not a problem as long as their markets are not dead which means as long as there are people trading on these platforms in those markets, it will be fine.

and to answer your question as it was mentioned for me the security and trust is the most important factors.

Easy to use and understandable buy and sell coins
High security feature systems with have reputation low fees
Fast tranferring the funds

Of course the key reasons of choosing  a exchange is having a low fee and great platform or exchange. And also how the exchange is secured to any hackers.

Security, low transaction fee, no minimum trade, SEO friendly website, no KYC verification required, and responsive customer service. Besides that, because I am a short-term trader, so I am only interested in exchanges that have a large volume and more liquidity. But sometimes I also choose exchanges based on the altcoin that I get from bounty campaigns, but this is only to sell them, then leave  ;D

Low Volume is a no go for me, apart from making daily trade close to impossible as one's sell or buy orders may not be filled for along time, it's also sometimes a sign the the exchange may not be safe and trustworthy

The ease of usability and the lack of KYC. If I have to give you my information to do anything on your website I will not be involved with it, I don't care if thats the law, you have to follow the law where you are based on, I don't have to follow your laws since I am not living there. Hence I try to select the highest number that I can trade without giving any information at all.

Binance is great on that front, I can trade as much as I want and still not give any info at all, their limit is way above what I have in bitcoin. Also the amount of coins are important too with volume of course, there are many places like cryptopia that has many coins but they lack volume so it makes no sense, however binance has a lot of coins and all of them have healthy volumes too.

I try not to trade assets with a small trading volume, as it is more difficult to sell them when there is an urgent need. Most often I trade pairs with btc, eth and usd. I don't see any liquidity on the other pairs, so there is no sense to trade them. Perhaps in a year the situation will change and people will trade on more currency pairs.

i choose the exchange which appear for a long time

The most important are the trust, fast withdrawal and deposit, good customer support and tight security, we had been experiencing a lot of exchanges being hacked and causing the users coin disappear, so security must be a priority, its not easy to build an exchanges now, because there are a lot of rival

The main thing needed by traders is high trading volume and also the many types of coins in it. But sometimes they also prioritize security and user support.

People have different standards to me the most important has to do with how many times has the security of the exchange being compromised, anything higher than zero is not something that I will tolerate since I am not willing to lose my coins to hackers just because the people behind the exchange were not careful enough about the security of the coins of their clients.

Lots of bitcoin exchange or where bitcoin trading works now, but not necessarily all of that works well, you should be good at choosing, which one is the best you have not made a decision to use. In the use of bitcoin exchange you should just choose the official one so the quality is guaranteed. We remind you a little for you if there are things or advertising services that you are not sure you can ask first to people who are more aware of it.

The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure even though i do realize there is no 100% guarantee those exchange will never be hack but high security system will makes me more comfort to use them and the second is the various altcoin for bitcoin pairs and volume market for every 24 hours

When you do not have plans to use an exchange as a wallet services then I guess you do not need to worry big. I choose an exchange based on availability of one particular coin pair and then I will check in this forum for their credibility. I do not prefer exchanges which are asking to clear KYC. I test a new exchange with small volume for first time. That's all for me to choose a new exchange. I do exchange and I will withdraw and then I will forget that exchange until I need to trade another coin/token.

How you will make sure that your exchange is having good security systems ? I read most exchanges are saying that they have cold storage or even deep-cold storage and having world class protection against all types of hacking but how we can be sure about those things. I mean how we can cross-check their security systems. I guess we need to go simply by their words.

The exchange need to be registed with a known user and need to have coutry of orif=gin which can halp is to identifies that this is really an exchange,if you are doing in anonymous the people may have doubt in their mind always.
Volume is not a big matter but I won't go to a new exchange at first instance so they need to have good number of registered traders doing some kind of activity.

Things that are very important for me when exchanges are involved are security and customer support. The quality of these could be deciding factors to choose particular exchange. Also reputation among users and that is running legitimate business. Volume is not so important to me. I know that many users don't like KYC but I see that as a feature for my own security and protection so I'm not against it.

For me, an Exchange is very important, I always pay attention to the quality of the exchange. Exchange is very important for our success in trading. The higher the level of trust An exchange will make us more comfortable in trading.  Comfort and safety are the main things that must be considered.

Traders would always go for the best exchange which can give out excellent service to its users.

1. Security
2. Low Fees
3. Fast support response
4. Doesnt have strict compliance of KYC

this knowledge is very important because with this knowledge can get a big advantage. so in my opinion we really have to be serious in learning about trading

When choosing an exchange for trading, there are lots of things I do consider and the first thing I check is whether the exchange is available in my country (whether they have an office in my country), but there are still good exchanges that are not available everywhere.

Next thing I check is the coins offered and liquidity. Another thing that is very important is security, if it’s not secured then I’m not going for it. Next is customer support and trading fees, margin, reputation and a lot more. Good luck hope you find the best.

1. location
2. interface
3. volume
4. limit of withdrawal
5. amount of cryptocurrencies

Sometimes the project in which we invest also convince us to join a particular exchange. It is important that we trade on the exchange on which our coin is listed to keep an eye on the trading of the coin and to secure ourselves from the loss.

I trade only on a few exchanges and my primary thing which I look for is security how secure is the exchange. Secondly, I look for liquidity how much daily volume is that exchange having. Thirdly I look for how frequently they list new potential coins to their exchange.

I always liked the new exchanges created because the transaction costs were quite low compared to the general market level and also enthusiastic support. What I'm interested in is the daily trading volume of your new exchange. Please give me some information about it. thanks.

My major reason in choosing a particular exchange before I make some trade in the platform was I always checked the market volume, the

transaction fee, and the altcoins who are listed in it too. So this is how I chose an exchange platform. ;)

For a exchange to gain more popularity, few features are looked into consideration, Security, availability, 24/7 customer care services, high volume, volatility and Most important, trading Fees. Your customers will look into your charges for trading. Bonus and competition should be considered as well to attract customers. 

When an exchange do have big volume then it would always correlates that it do indicates that this is a good exchange. Security do always matter
and a must have thing to consider for those owners of such exchange but the thing we should put up on our mind that even how safe or secure the exchange was
never ever store up big amounts.

In this space where security is paramount, hacks can come upnat least expected times and nothing can get done about it. My first thing to look out in an exchange is security both in terms of funds and accounts too. In no particular order, the rest are volume, trading fees, trading pairs, support and user interface.

I personally prefer to choose exchanges with more lax verification or none at all, which led me to largely use BitMEX and Binance until the former stopped letting American customers trade on their platform. Having a somewhat longstanding reputation and decent volume is something else I like to see in an exchange, as I don't trust exchanges that are exceptionally new or have low volume.

Good support and quick transactions are also things I look for in an exchange. Errors do occasionally pop up for any service, and when they do, it's important that you can get assistance as quickly as possible for an issue.

For me, I do love trading in an exchange that has plenty of liquidity as It usually gives room for little to no sideways volatility. I also take the exchange volume into consideration. Another's thing I look out for is how tight the security is. As the saying goes, It's better to be safe than sorry. While looking out for top volume exchange, I have to make sure my assets are safe.

I see their supply and demand, isn't good or not?. Second thing is how they can give me solutions ( services ) about users problems, such as unfinished transactions, delay and hacked account. Only those thing that I see from exchanges but of course they have different performance, system and attitude. I can't push exchanges become what I want but I can find what I need into them.

1. For me, the first thing that must-haves for an exchange is "security". This important role is the key for an exchange so they can be trusted just by this, People of course won't let their assets dissapear to a group of irresponsible people. We know that there's no perfect security but atleast high security means its safe to be used.

2. If there's no other exchange to trade, then just make it there. Low volume and wide spreads become problem, i just make it if there's no other option beside that one

First of all security, this is the most important thing. Secondly, fee rates. I know that Bitstamp makes money even when you are asking for a transaction confirmation or any slip to confirm that your deposit was processed. This is really too much for me. And finally procedures and additional KYC verifications that most of the exchanges are asking for. I have recently started using a new exchange when I need to transfer my coins quickly, it is called fox. exchange https://www.fox.exchange/pair/BTC-ETH
It's not for some major trades but it makes your life a lot easier when you need an instant change. It is safe, quick, plus no ID needed. Those verification procedures always make me paranoid about the purpose and further usage of my documents.

Knowing the best crypto exchanges is one of the first and most important steps, especially for investors and traders. Because, we will invest our funds into the crypto format at the exchange where we buy. But the most important thing for us is: Easy to make purchases, Low exchange fees, Transfaran, Speed of getting bitcoin after buying, Having a good reputation, and the most important is security accompanied by two-factor authentication (2FA).

Obviously first high security measure second low transaction fees and easy to understand to use fast moving for buy and sell coins have reputation for the trading field.

Good reputation , massive adoption , one of the top competetors in the market.


Low volume exchanges might be too much of a risk for me ,because all it takes is one or two whales and they can play with the prices as they wish . High volume exchanges however , are way more stabalized ,although some groups might manipulate prices but it wouldn't be as bad as the low volume exchanges.

Arbitrage with a low volume exchange? Nah, it wont help. If no one will buy then it makes no sense.

Its gotta be hugh volume as your favorite exchange to make it happen. But that is a hard task with a high risk so I am staying with only one.
Yes, I am using Binance and I am okay with it since I can also do it with my smartphone.

Looking forward to see the exchange that you are talking about. I hope it will be in a legitimate way.

When I choose a trading platform to exchange, I will often look at the volume and security level before sending my money to the exchange.
I don't need a platform for a cheap fee, I just need it to have a good security system and reputation.

Basically, I agree that "low" is relative with one's actual trading power. What depth is good enough for you? What's your average order size?
 
What volume seems to be enough for you to be confident to trade?

It is not launched yet, so 0 volume.

What altcoins are you interested the most? Do you trade in FIAT pairs?

We're doing FIAT pairs, so KYC, AML is a just must to get company accounts in banks. I also think, that all that anonimity thing won't last long. And let's be frank here: KYC haters are mostly tax evaders :) Anonimity issues have nothing in common with sustainable economy, imho.

Yeah, good support is a must. Security is unquestionable priority, BUT you, as a user must be carefull too, 'cause most of the "hacks" are actually phisshing attacks. We've got some ideas (like secret phrases, emails, 2FA almost everything, ssl, etc) on how to help users avoid that, but beeing phishing-aware is mostly your responsibility.

Our MVP does not include an APP, but it will be mobile-friendly since day one.
I will share the launch of it here (we'll probably launch it late in 2019 Q1).

Most people wish no id verification, but as I noticed you are going to offer € pairs kyc procedure is a must have otherwise you operate illegal.

Beside that exchange that offer low fees, high volume and a nice referral program and contest is very attractive.

Here are the following criteria  I used to put in place before choosing an exchange; Security, Liquidity, low-cost of trading rate, high volume and fast response of the supporting.

liquidity is the major factor for any exchange but in order to get it you have to build trust among the traders and provide low fee or trading competition to attract traders.so security,liquidity and reward scheme can attract traders in short time .but i think there is one more factor which play crucial role i.e accessibility(desktop and mobile app) ,binance in just a few year become the most preferred exchange bcz they have everything,security +apps+low fee+trading competition.

Yes, KYC is a must for us since we are building crypto/FIAT markets. That's what I'm trying to tell people: if trading involves FIAT money, there's almost no way around it. KYC is a must. And frankly, this (KYC/AML "thing") is OK for us, 'cause we are trying to build a sustainable business. Fingers crossed.



What are your main support issues? Meaning, what kind of issues do you experience? I bet 80% of those are payments related which, if AML is performed well, are somewhat of natural process (some operations just must be checked and investigated manually).  Please, elaborate your personal support experience.



What rewards are good/attractive for you? "cause we'll feature affiliate programme and we've got some planned omissions (based on competition actually), but I'd like to check those with you guys. You tell first :)
Low fees - what fees do you consider low for maker and taker? And, if you can, can you please name your monthly trading volume per exchange.

You need to advertise your exchange too to get more traders and built your customers and the low fee means it will be percentage based,don't keep the fixed fee most of the exchanges have fixed fee only that is why they can't still not favourite for most of us.

I think everyone is just focusing on the history side of things and check if the exchange is trustworthy by previous testimonies.

For example binance is not as old as some of the other exchanges but they became one of the biggest by doing marketing amazingly by allowing people to get less transaction fee's and also allow people to offer affiliates and make money, that made them highest volume exchange pretty quickly because it gave people the chance to be an exchange for some people.

Moreover, what kept them so high was the fact that nobody had ever written a bad thing about them, you don't see people talking about how "binance took my money and I can't take it back" or how they were hacked or something. If you look at other big places like coinbase you see them putting fake volumes and keeping peoples money without paying them all the time which makes them less trustworthy.

Hence, when we are selecting an exchange, we go for the one with the least problems.

I think that the most important things are running legitimate business and quality customer support. That is why it's important to check exchange reputation and history, are there any scam accusations or law enforcement actions against exchange, are they performing KYC checks.
To my opinion volume of trading is not so important but on the other hand this will also come with all mentioned conditions fulfilled. I think there are so many exchanges, maybe even too much and sometimes it looks that is hard to choose the right one but on the other hand you can always get the list of trustworthy and recommended exchanges, even here on forum.

Maybe allowing users to withdraw coins and btc even without submitting KYC but limited  of course. There are still  exchanges that works this way such as cryptopia which users like me who just trade with few capital not reaching up to 3 btc can freely do it without submitting IDs. Can you do this to your exchange?

Everyone Wants to get safe on their money funds for trading with lots of issue so they avoid lossing money in dummy exchanges not good for trading.

Every cryptoneirs have the reasons why they chooses an exchange site but I particularly choose my own exchange site base of liquidity, the benefit, KYC, crypto to fiat level and customers support. However, I chooses Nexybit exchange (https://nexybit.com) because it a ease and simply to use exchange with no KYC and I get rewards everytime I trade on their platform which is more fun to me.

Choosing up Binance over Cryptopia is no brainer.It might have lower limits (2BTC) but in regards with reputation and volume then i would choose it anytime.

I am very much consigned with the volume of coin traded daily in an exchange and its security features which is very important as we are all aware of hackers who easily hacked accounts that are very vulnerable and unsecured that is why I traded with reputable exchanges.

Nah :/ We're playing "FIAT game" and having the no KYC limits is actually playing in the grey zone. I understand this will make it harder for us, but we'll try our best. Well, you see, we are planning to build a legit and sustainable business. That's why I'm asking those kind of questions all over this and other forums. I must understand what are the must-haves to attract traders, like yourself.

I am choosing the big list of the coin with a low transaction fee, fast deposit and withdraw, have the highest security like 2FA, email verification, text message verification. Besides that, so far I use Poloniex, Bittrex, Binance, Mercatox, and from all of those exchange, I choose Binance as the main exchange and trade mostly in that site. For the other, I hold many coins, and it's waiting for the next pump. I use binance for daily or weekly trading. But if you want to launch the new exchange with EUR pair cryptocurrency, maybe I will need to familiarize first before I use to trade in your site.

it is most secure for everyone and there is a standard volume that you like and provides a low cost to what you can afford. and you can choose what you want to use to exchange because there are so many exchanges that are pure and it's really safe. there is also security to protect against scam prevention.

I choosed exhanges  for trading if there is a lot of traders there but why? Because for sure those people will make a lot of research first before they trade and If I do research and if I see that exchanges site is good I will start trade after I review their features and information.

Each person has his own way of trading, I am not the kind of person that is investing in new coins that no one has ever heard of, so if an exchange is secure and has enough volume most of the time that is enough for me to consider that exchange as a platform that I will use because my trades are restricted only to the most valuable coins that we have in the market.

Security. What security procedures do they require, KYC, additional verifications, 2fa, additional security and login system, how do they handle potential or real hack attack, how accurate and forward they are in cutting losses and getting back on track after a hack attack. Also, liquid and customer support available. All the things I've mentioned are present in Bitstamp and that is where I perform most of my trades. As a backup, I am using fox change which requires no additional verification and is quite handy if you urgently need to change your altcoins. This is an easy to use platform which offers instant change between altoins.

Yes and aside from reputation and volume, the security features of binance is a way more far from cryptopia. I don't wanna risk my assets just because I can withdraw anytime a large amount. Nothing can replace a good sleep because you knew that your coins are safe rather than poor security.

By using coinmarketcap, I am also choosing exchange based on higher volume. But, I just want to know how you are are checking the security of an exchange ? Do you mean security features of an exchange or you are referring to 2nd factor authentication kind of features (for example) which is common feature most exchanges are providing for securing our trading account ? I like to get more information about what are the security measurements, an exchange is taking to protect themselves and what are cross check provisions so that we may to verify them ?

Most of the times, I am choosing an exchange by checking the availability of a coin pair I'm looking to trade. When two or more exchanges are available then I will go with higher volume. Most importantly, I will check with this forum for their legitimate. If they are requiring KYC to withdraw then I will never consider them.

I just solely base on popularity. It's like when I don't what movie, anime or tv-series to watch, I just based on the rankings made on video review and it always works for me. Kucoin and Binance are still on the top for me after I discovered it  getting mentioned always.

I still prefer using Binance because its safety is considered the best at this time. People can come up with many different options but I think Binance will dominate all future exchanges and no exchanges can compete directly with Binance at this time.

The more popular an exchange means that the place is already trusted and yes, picking an exchange based on popularity could be good. I use binance and kucoin too but it isn't too often. My main exchange is still, indodax, an exchanger from my own country. It is because such place already exist for a longer time and it's support IDR(my local currency). I prefer to trade with crypto/fiat pair instead of crypto/crypto pair.

A good exchange must have easy to use trading platform, a trusted name name and good chart for tech analysis will surely attract me trade with them.
Low liquidity is surely a no no for me, good liquidity gives opportunity to cut your position at competitive rate.

Best of luck for your new venture, I would suggest you to launch your exchange with advance chart view with extra indicators

How a platform will be easy to use ? Because I am seeing almost all the exchanges are having similar functionality and there will be no big complexity across exchanges. If you get familiar with one exchange then I believe you can use any exchange without any difficulties. Ease in trading platform cannot be a criteria in my view.

But, having good support for trading environment like enabling traders to have lots of technical indicators and providing them versatile charting tool kind of things will be attractive to choose one particular exchange for trading in my view too. But currently most people are choosing exchanges based on trading volume and availability of one trading pair.

Well, in general, a few good reasons for choosing an exchange includes, good customer support team that could respond to any customer concern not exceeding 24hrs, low trading fees, no KYC (if necessary), and a simple page design that could not make the customer confuse during the first visit. There are more reasons to choose a good trading platform or exchange, yet this are just few of primary reasons.

Honestly I do not need these many features because I'm rarely using them as I am no more into active trading for many reasons. I believe many people already had turned as the long term holder hence at least with respect to crypto trading, this kind of rich features are less significant for attracting more number of new traders. I believe these are the demand of active traders still I'm not sure how many of them will be making use of these.

This must be the reality. Like most people here, availability of a coin/token is the core deciding factor for choosing one particular exchange. When there are multiple exchanges are having same coin/token, I will go with better prices for my coin along with enough volume.

key reasons ? no i dont have a key reasons on why i will choose or favorites a certain exchange whats really important for me is that i can trade my coins . ill visit any exchange sites and check whether they already support the coin that hodl or not . if ever the coin is listed on a low volume exchange , i will still insist to trade it because i dont like waiting times  but if its only btc and eth of course ill go to the best exchange such as binance , kucoin and hitbtc .

I would like to trade in an exchange where you can trade and withdraw funds without getting the verification done, fees are also very important factor for choosing a particular exchange.

Yeah, once you know how to use an exchange then you can use them all since even if exchanges wanted to change the way they present information to their customers many will complain and they will need to go back to their previous layout, so to me the most important aspect is to know how they protect their customers in case a hack happens.

Instead of making us all understand the way their exchange work why do not they just hire a proper UX artist and make the website actually easy to use? I mean I can use bittrex, poloniex, binance and bitmex pretty well and know where is what and pretty much memorized all the things I need but that is because I used it for a long time, every time I started any of them I had to try to figure out where is what and so forth, to this day I have to use the affiliate advertisement thingy to go to my affiliates because I don't know where the button is for it.

I mean just hire a damn good UX person and make it proper instead of putting the burden of figuring it out on the customer. How hard and expensive could that be? It should be quite easy to do since all functionality will be same, just the looks of it will change, even a small javascript/css change could make them so much better.

I'm only sticking with top exchanges at this point, there is just too much risk involved with the lower tier exchanges.  Seems like a new one gets hacked every couple of weeks.  The only time I will use an unkown exchange is if they are the only one that is trading a new altcoin that I want to purchase.

Centralized exchange always has risk of hack, so we should be use exchange only that provide high level of security and they have program to protect fund of all user. Others thing is they should be have stop loss feature, high trading volume, friendly support and low trading fee. I hope decentralized exchange offer feature just like centralized one so i can trade with more security, at the moment i dont see any decentralized exchange have feature of stop loss and they still have low trading volume.

many of the things you mention can be enjoyed in exchange with big names. At least they move structurally so that many things can be improvised. I actually did not enjoy a decentralized market and they did not focus on the volume elements that make up good prices. the most important thing is improvising programs and activities in various events.

Most of the exchangers won't have strong back end support they struggle to put up customer technical issues in my view binance is the only exchange which worked on all aspects what crypto investors need

Huge volume. This is very important for me as I'm a short term trader. Every minute is very important for me. Hence, if a volume is small, more likely my time will be wasted and I wouldn't be able to grab best opportunity.

I make use of binance and also kucoin  for my trading because I trust in their security and I also love their platform because it's very user friendly and you don't need to spend lots of time there even as a newbie to learn how to make use of the exchange, unlike some exchange that is so complicated to the extent that even an expert trader might need to read the guide to make use of the exchange.

because now a better way to get the desired benefits is to survive because to do daily trading is very risky and still difficult to get profits

Well volatility is a key thing however security is the most important I believe, for example Binance looks great in terms of security and also volatility as well.

Most people that wanted to have to any exchanges is the good customer support because most of these people who visited the site first don't know anything yet except if the web design is not confusing IMO. KYC is not that most customer would not have because most exchanges are just following what the protocol of the government. Low fees and good web design is just a bonus for the customer.

Actually i always want to trade on some exchange that will fit on my needs and of course very convenient, friendly use, and secured because that's the most important for me. which is those exchange only as well that no need KYC stuff because it's very annoying for me. Lol

When I prefer the coin market service, my first consideration is always quality and trust. I would like to prefer a quality service because a team that will be able to contact me in case of a possible mistake or hack and meet my victimization is a very important thing for me. On the other hand, it is also important to have a high trading volume when I choose to do so, because low trading volume is always a high risk. In addition to all these factors, I also do careful research on transaction fees, money transfer rate and the team of the website and then I decide to use these services.

other than that, the exchanges we choose are able to provide several choices of types of coins that we will trade and have been trusted to have a good reputation for all users. The simple feature that the exchange has is indeed one of the main factors so that everyone who just uses it does not find it difficult to trade in it

Security of asset and trader is the most vital characteristic of every exchange should have. But for me as a bounty hunter, I often trade on different exchanges given the fact that not all ICO's are going to land on each and every exchange. I dont have preferences on exchanges as long as it is safe to use and secured.

If I am choosing a kind it will need to be more stable and valuable at the situation then only the investment will be more stronger for me to get the income from that if it was been an short term investment otherwise the investment will not stay stronger and the prophets bebee Radio City it affects there is no profit will came to the end.

That's so vital indeed and would choose that exchange since if we choose to lame around and trade with exchange don't have proper security or risky ones a huge chances for us to get busted by scam exchange nor victim of hacking excuse of some shit exchange around.

Most of the crypto hunters are participate in short term trading. Because of the quick profit sometimes it is not workout so they hold the further trading. But many exchanges are not supporting our expecting crypto so we must analyse the perfect exchanges then only we will participate in trading.

volumes, number of cryptocurrency pairs, help desk support, there should not be a KYC, and before I start working with the exchange, I always read the reviews, or try to find those who worked on this exchange,