Bitcoin Forum

Economy => Trading Discussion => Topic started by: mikyadel on February 21, 2019, 12:51:14 PM



Title: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 21, 2019, 12:51:14 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Crypto Girl on February 21, 2019, 02:39:55 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: rodel caling on February 21, 2019, 03:19:16 PM
eeeeeeeeeeeeeeeeeeeee
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal


Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 21, 2019, 03:43:45 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

How can you measure this criteria , how can you be sure of their privacy and their security as all exchanges promise that then they get hacked !!
Also,what about other features you are looking for that if implemented you would consider using in a new exchange ?


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: ongkok87 on February 21, 2019, 03:59:17 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

How can you measure this criteria , how can you be sure of their privacy and their security as all exchanges promise that then they get hacked !!
Also,what about other features you are looking for that if implemented you would consider using in a new exchange ?
but for all the exchanges it is very strong to hack into security. but it can be hacked and it depends on the person using it if I think. because all of that can be cracked depending on how we use it ourselves


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: dothebeats on February 21, 2019, 06:49:45 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

The bolded option seems to be a rare find in exchanges nowadays. Yes, they may have customer support service but most of them take days or even weeks to respond in an urgent query. Some may have live chat available, but pre-generated text is what greets me most of the time whenever I have something to ask. I am yet to find and exchange with an exceptional customer service that really replies within the day and actually resolves my problem on their platform whenever I need it.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: NeuroticFish on February 21, 2019, 07:02:37 PM
After the main things already written are met, some nice additions can be low fees, margin trading, lending and, why not, web wallets and debit cards.
Audit for the funds / cold wallets is another interesting thing. Maybe insurance too.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: butka on February 21, 2019, 07:13:34 PM
Nobody mentioned it, so I'm going to:

What we need when it comes to crypto exchanges is a good Decentralized Exchange (DEX).

All the large centralized exchanges suffer from similar problems, even if they may have good liquidity. So, the crypto space urgently needs some good DEXs. The logic is simple: Decentralized currencies <--> Decentralized Exchanges.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Slow death on February 21, 2019, 07:24:11 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

are many questions and the answer is almost the same, I will speak from my point of view:

- The exchange should not have an anonymous owner

- The exchange must have physical office

- The exchange must have at least some phone number in case some customer has a serious problem, the exchange solves the problem of their customers by talking to them on the phone

I would add regulation, if an exchange is regulated, inspected periodically by the government, then another good point that we can consider to use this exchange


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 21, 2019, 07:50:49 PM
After the main things already written are met, some nice additions can be low fees, margin trading, lending and, why not, web wallets and debit cards.
Audit for the funds / cold wallets is another interesting thing. Maybe insurance too.
these features are already available in many exchanges ! insurance over customer's funds u mean ? it's interesting

Nobody mentioned it, so I'm going to:

What we need when it comes to crypto exchanges is a good Decentralized Exchange (DEX).

All the large centralized exchanges suffer from similar problems, even if they may have good liquidity. So, the crypto space urgently needs some good DEXs. The logic is simple: Decentralized currencies <--> Decentralized Exchanges.

yea,i was looking for someone to talk about the integration of blockchain technology in the crypto exchange as it's the essence of them ! so aside from liquity what are u looking for in a decentralized exchange giving their limitation when it comes to trading ?


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: davinchi on February 21, 2019, 08:48:49 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
They are a lot of things I need in an exchange, but what I need the most is security. We have again and again of how funds are being stolen from exchange which don't just affect the owners of this exchange but also the users. I think exchange owners should pay developers whose work is just to make sure that there is no hack in the system, and if possible try to call a client because processing any transaction of huge amount.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: timmydakolo2 on February 21, 2019, 09:08:09 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Exchangers with good liquidations and as well with, good coin that has good volume I believe binance is there for everyone who is into trading and binance can even be handled by an newbies.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: timmydakolo2 on February 21, 2019, 09:10:22 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal
This is a good outline of what and Exchanger really need to acquire and also the trading fees and withdraw fees should not be higher.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mrdeposit on February 21, 2019, 09:27:21 PM
Security is definitely the most important factor or if money is stolen, it would be fair to refund it from their frozen balance.
Secondly, it may be decentralization. So managing our exchange wallet with private key is fair. Exchange is like a prison, ''restrictive''.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Ains_sama on February 21, 2019, 10:08:46 PM
indeed there are so many exchanges nowadays, and I prefer to exchange large volumes, and I really like investing in ethereum.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: leowonderful on February 21, 2019, 10:41:33 PM
My ideal exchange has the following features:

Multiple security options like 2FA available to combat hackers, block new IPs from logging in, etc. Plenty of sites email me when a login's been detected from a new IP, but a number of the ones I am registered on don't actually require you to authorize the login through a link on the email.

Must have a physical location. Most but not all exchanges that don't have physical locations are scams, especially newer ones.

Liquidity

Good support for whenever things go wrong like deposits, trades, etc.

Reasonable withdrawal fees and trading fees. I typically don't do lots of small withdrawals from exchanges so fees aren't usually a problem for me, but the fees add up over time. Some sites also have pretty high trade fees, which most people don't initially notice when signing up for an exchange.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: harizen on February 21, 2019, 10:49:41 PM
Hey everyone,
...and what existing exchanges lack of ?

Lack of employees especially the global exchanges.

I understand that global exchanges does support several countries so responding to concerns might take time. But at some of the cases, especially the major ones, it takes several days or weeks and some of the reasons are; investigating and checking. Isn't it mandatory that if a company will set up a global exchange and quiet reached the status of being one of the reputable exchange, there should be an upgrade of supporting staff.

Here in our local exchange, the famous and most used in our country, support will respond in less than 24 hours. The support volume is way lower of course compare to global exchanges but their employees are not that much but still can handle it (I think around 500 reports per day based on my known person who works there). I know global exchanges can do this too since they are committed globally.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: fibrolit on February 21, 2019, 11:19:17 PM
Each of us has its own criteria for choosing an exchange. If I want to exchange some little-known token obtained in the bounty,I go to a decentralized exchange.If I have a huge balance sheet,most likely I will choose a huge exchange and a trading pair with a turnover of several tens of millions of dollars a day. There is not enough exchange in the Fiat necessary for my country.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Razerglass on February 21, 2019, 11:22:01 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal
For privacy it is logical to use decentralized exchanges than blindly believing to big centralized exchanges.
Security is still main issue and i am really scared after the leak of data that contains hashed emails,passwords,secret questions on coinmama.
Liquidity will increase after bear market.
Support is necessary and big exchanges should implement the system for emergency cases.
I prefer to wait for 3 days if theme is about crypto to fiat transactions.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Clark05 on February 21, 2019, 11:34:39 PM
Im looking for exchanges site who are have support daily and the security is very secure and the features will be updated everymonth and the withdrawals is instant and the deposited is only takes only 1 confirmation to use it and also the withdrawa fees and I think if that cryptocurrency exchanges site have that for surr most trader will be register and trade to them and Binance is the most perfect example for that who are the most trusted and popular exchanges site in crypto community.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Reid on February 22, 2019, 01:52:08 AM
Trustworthy, events and of course low transaction fee.
I want my coins in and out. I want freedom just so I could comfortable and not think of an exchange just going down because of a bad reason.

Mostly they are getting bankrupt or they are just pure evil.
I dont feel safe in any exchange and that is why it will be better if the fees are so low. It will also be better for them since they are getting money for doing nothing.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: r_uyab on February 22, 2019, 02:09:03 AM
now I prefer to exchange large volumes and I will invest in ethereum and bitcoin because now the price is starting to increase, so I really can get a better profit too


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: joromz1226 on February 22, 2019, 03:05:47 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

Of course the no. 1 needed is the security, just like 2FA(Factor authentication) no delay for transaction whether deposit or withdrawal for their client users. Then their support must alert at all time, in short they shouldn't take too long before giving a response to their customers, also accurate liquidity.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: tbossmitche on February 22, 2019, 11:45:22 PM
Due to the fact that each cryptocurrency exchange platform has it's own set of shortcomings. The best we can actually do is to determine the flaws we can live with and those that simply won't work for us. When attempting to trade, the first and key thing I look out for is the security of the exchange platform. I go with platforms that give me peace of mind as I can't afford to loose my funds. Other factors besides security which I look out for include; privacy, liquidity, support, fees charged for trading and withdrawal. My advice is to always go with the most popular platforms if you do not intend to do a thorough research.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: valheru on February 23, 2019, 12:42:06 AM
I think the most important thing in the exchange market is speed. When traders do buy and sell, the system should never slow down the other issue is the deposit and withdrawal of money. The system should not wait while you deposit or withdraw money. Some stock exchanges are really awful about it. I Never and never use the exchanges that offer slow transfer and withdrawal.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: BlackPanda on February 23, 2019, 02:52:53 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
For me, the most important thing is that the exchange has a good level of quality, I usually will trade in an exchange that has a good security reputation. This is because our assets will be much more guaranteed. At this time there are so many events about hacking exchange, this is what makes me feel that security is the main factor that determines us in choosing an exchange for trading.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: shesheboy on February 23, 2019, 03:14:28 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
For me, the most important thing is that the exchange has a good level of quality, I usually will trade in an exchange that has a good security reputation. This is because our assets will be much more guaranteed. At this time there are so many events about hacking exchange, this is what makes me feel that security is the main factor that determines us in choosing an exchange for trading.

if you are conscious about your security then you must not store your assets on an online exchange for a longer time because that is always risky even if you say that an exchange is popular or trusted enough  . not only on online exchanges but also on online wallets as well . just put only the asset that you will trade immediately   . that is what im doing and i never been experience to get hack until now .

in my case , security is not my first priority but what im always looking for to an online exchange is their coin listing . i notice that im having a hard time to find my coins because almost all of them are not interested listing my coin .


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: davis196 on February 23, 2019, 06:53:27 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

I need only one thing-my private keys. ;D
All the other stuff,like liquidity,low transaction fees,good customer support,etc. are important as well,but you know the saying."If you don't own the private keys,you don't own the coins." ;D


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: semobo on February 23, 2019, 08:17:55 AM
- High trading volume
- More security features like 2FA,IP authorization
- Good customer support
- Less fee
- More trading pairs


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: pawanjain on February 23, 2019, 08:51:04 AM
It must be robust and secure. Security is the most important thing which many exchanges lack of and hence get hacked.
People loose their money due to this and I think this must be the most important thing any exchange should strive for.
Also, a variety of pairs, easy deposit/withdrawals, 2FA/OTP needed on withdrawals are some things that I like in an exchange.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: JohnBitCo on February 23, 2019, 10:13:35 AM
Im looking for exchanges site who are have support daily and the security is very secure and the features will be updated everymonth and the withdrawals is instant and the deposited is only takes only 1 confirmation to use it and also the withdrawa fees and I think if that cryptocurrency exchanges site have that for surr most trader will be register and trade to them and Binance is the most perfect example for that who are the most trusted and popular exchanges site in crypto community.

Confirmations does not matter in withdrawals and deposits from exchanges. It is better to have 3 confirmations before actually deposits / withdrawal happens so that there can be no cheating. For me, the exchange should be user friendly and should have all the features like stop loss etc. 
In many small exchanges, I do not trade because there is no option for stop loss to be used.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: wayaneka on February 23, 2019, 11:41:41 AM
High level of security is the most important thing because many centralized has been hack, and second one is they should be have insurance to avoid member lossing money incase the exchange get hack or others bad issue. Crypto exchange also should be have fully regulation to avoid ban from the goverment. Alot of centralized exchange been operated but less decentralized exchange, even though alot of trader want to use decentralized exchange because we have the private key so that mean we have full control with our funds.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: babarian on February 23, 2019, 11:43:16 AM
some of the natural things I want and I expect on an exchange are:
1. security guarantee
2. Low withdrawal fees
3. 24-hour admin service


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 23, 2019, 12:04:20 PM
Security is definitely the most important factor or if money is stolen, it would be fair to refund it from their frozen balance.
Secondly, it may be decentralization. So managing our exchange wallet with private key is fair. Exchange is like a prison, ''restrictive''.
Im looking for exchanges site who are have support daily and the security is very secure and the features will be updated everymonth and the withdrawals is instant and the deposited is only takes only 1 confirmation to use it and also the withdrawa fees and I think if that cryptocurrency exchanges site have that for surr most trader will be register and trade to them and Binance is the most perfect example for that who are the most trusted and popular exchanges site in crypto community.

so security is a big factor , but how can you determine if an exchange is fully secure or not !! and would u prefer semi-secure centralized exchange with lots of features or fully secure decentralized one with few features ?!


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: maydna on February 23, 2019, 12:06:57 PM
I am sure the cryptocurrency exchange will give the best service for the members. I only want to trade in anytime I want, and I don't have to get trouble while in trading.

For all reason why we want 2fa, high level of security, email protection, etc, I think that is the main things of exchange should have, and I am sure that they can do that without any problem.

I choose the exchange based on my feeling, if I can get comfortable to trade in that site, I will continue to use them, but if it's not, then I will search the other. I make it simple for me because I don't want to feel difficult to choose which exchange I can trade.

Right now, I still feel comfortable to trade in Binance, Bittrex, Poloniex, Yobit and sometimes in HitBTC.

Some exchange has a problem with the support system which served the members when they got trouble with deposit, withdraw or even pending transaction. And if I get trouble with that exchange, I will move all of my coins to another exchange, and I will not use them anymore.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: adamlillian on February 23, 2019, 12:07:09 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
The most important thing for me is the security and credibility of the trading floor owner. In the past, there were too many fraudulent exchanges, they slashed their own trading floors and occupied all the investors' money there. it was worse.
Besides, security is very important. I often want to hold my altcoin on the trading platform so that I can trade easily when the price is up or down.
but now only Binance makes me satisfied. but the transaction fee is quite high.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 23, 2019, 12:11:36 PM
I need only one thing-my private keys. ;D
All the other stuff,like liquidity,low transaction fees,good customer support,etc. are important as well,but you know the saying."If you don't own the private keys,you don't own the coins." ;D
High level of security is the most important thing because many centralized has been hack, and second one is they should be have insurance to avoid member lossing money incase the exchange get hack or others bad issue. Crypto exchange also should be have fully regulation to avoid ban from the goverment. Alot of centralized exchange been operated but less decentralized exchange, even though alot of trader want to use decentralized exchange because we have the private key so that mean we have full control with our funds.
i believe that multi-sig wallets will do the trick for you . right ?


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mikyadel on February 23, 2019, 12:12:44 PM
My ideal exchange has the following features:

Multiple security options like 2FA available to combat hackers, block new IPs from logging in, etc. Plenty of sites email me when a login's been detected from a new IP, but a number of the ones I am registered on don't actually require you to authorize the login through a link on the email.

Must have a physical location. Most but not all exchanges that don't have physical locations are scams, especially newer ones.

Liquidity

Good support for whenever things go wrong like deposits, trades, etc.

Reasonable withdrawal fees and trading fees. I typically don't do lots of small withdrawals from exchanges so fees aren't usually a problem for me, but the fees add up over time. Some sites also have pretty high trade fees, which most people don't initially notice when signing up for an exchange.
many exchanges already have this criteria , how would you choose between them ?


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: dunfida on February 23, 2019, 01:23:15 PM
eeeeeeeeeeeeeeeeeeeee
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal


Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.
Poloniex Era is already over since Circle bought them.I cant really deny about Poloniex service wayback before knowing that this is one of the most popular
but they do dropped down because of such changes.

Back on topic, Security is on of the most important thing for me,next is the transparency,next is the UI, support thing, fast withdrawals and fast response into their support.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Ucy on February 23, 2019, 04:28:29 PM
Who doesn't like low fees. It is the number one thing i consider before create an account then, followed by security and decentralization. Exchanges have to be decentralized to be patronized by  me considering the number of hacks some have gone through  this year. Too risky to leave  funds on  them these days.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Whosdaddy on February 23, 2019, 08:01:47 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Honestly, volume is king in any exchange whatsoever. If the exchange has a decent volume that is not wash trading or fake volume then I am in.

I used to use cryptsy before they got "hacked" and left, then I started using poloniex because that was honestly the best place after cryptsy was gone and they had multiple coins and decent volume at the time, then bittrex came out and they were the best so I started using them and then binance is now the king in volume and everyone is using them so we are making a decent trading there. So, wherever gets more famous and gets all the volume I will be using that website.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: hridoyb on February 23, 2019, 08:18:33 PM
Most of the people use binance and bittrex  for short or long time trade because it's fully secured, huge volume,24/7 support, and Instant deposit and withdrawal. You can find many exchangers but i am using this exchanger last 2 years and hope you will be satisfied for using this exchanger and also suggest this exchanger. Most of the people faced problem for delay deposit and withdrawal and low volume and support system are very poor but bittrex and binance and also kucoin is the best exchanger for me.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: sheenshane on February 24, 2019, 06:08:45 AM
Security is the first thing we have to consider in Cryptocurrency exchange. As the startup companies of the exchange industry in cryptocurrency started/initiated the instant deposit and withdrawal, I think it is doing well in the present.

Supports are also the one thing to consider, questions and complain, improvements and technical support is really needed for people to enjoy the market better. There is a lot of people from the traditional stock exchange who are interested in joining our industry but the matter that hinders them is the confusions. Compared to us, much of them aren't really understanding the exchange and wanted to ask from the
specialist but since cryptocurrency industry doesn't have 24/7 support, that makes them say no.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: oegarod on February 24, 2019, 06:20:25 AM
Security is the first thing we have to consider in Cryptocurrency exchange. As the startup companies of the exchange industry in cryptocurrency started/initiated the instant deposit and withdrawal, I think it is doing well in the present.

Supports are also the one thing to consider, questions and complain, improvements and technical support is really needed for people to enjoy the market better. There is a lot of people from the traditional stock exchange who are interested in joining our industry but the matter that hinders them is the confusions. Compared to us, much of them aren't really understanding the exchange and wanted to ask from the
specialist but since cryptocurrency industry doesn't have 24/7 support, that makes them say no.
Security is much preferred, however we keep it secure there were hacks around. Few of which were the recent hacks that took place with the centralized exchanges. Same time there are account frozen in the decentralized exchanges. Both has got complications. When luck stands as an opponent to us fighting hard it is impossible to avoid losses. This is common even with exchanges, gambling, trading and even on holding.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: icecube45 on February 24, 2019, 12:06:42 PM
I think what is needed for crypto exchanges is security. Because security is the main thing that is needed, it is useful to keep assets from being lost and avoid hacking. In addition, 24/7 support and privacy are also the most needed things. 24/7 support helps if there are problems in trade and privacy I'm sure many people choose to keep their privacy safer. Besides that, it depends on each person who uses it.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: @prashant on February 24, 2019, 01:09:13 PM
Privacy and security is the most crucial thing in any exchanges then optimisation and trading benefits is plus.those exchange which give minimum regulations and restrictions and provide better service will be more often used.if you take the example of binance they have taken all the users requirements and competed with major exchange to become major exchange.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: greeklogos on February 24, 2019, 01:19:17 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal
To this list I would just add low taxes for exchanging, deposited and withdrawing. That's also important term for every user. Honestly, I check the price for taxes at first, before to register on an exchanger. Luckily this info is available on almost every exchanger without registration.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: richcorner100 on February 26, 2019, 09:22:50 AM
I need exchange that give insurance for fund of all user, because many times already crypto exchange get hacked , and the last case is Cryptopia. But Cryptopia did not have good support and the platform did not online for more than 2 week. All trader and investor want to have full of security and insurance for their money in that platform.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Timmzzy on February 26, 2019, 10:47:50 AM
indeed there are so many exchanges nowadays, and I prefer to exchange large volumes, and I really like investing in ethereum.
That's a good requirement but I believe security and 24/7 service centre should also be the most important as of the volume in the Exhcange that can be looked up on. We won't like to hook up in missing our funds.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: D3m1r4wanti on February 26, 2019, 10:50:35 AM
I need exchange that give insurance for fund of all user, because many times already crypto exchange get hacked , and the last case is Cryptopia. But Cryptopia did not have good support and the platform did not online for more than 2 week. All trader and investor want to have full of security and insurance for their money in that platform.
the desire that I really support and actually everyone also wants it, besides security I also want that an exchanger can provide insurance on the assets we have when our assets are lost due to something like hacking or so on.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Timmzzy on February 26, 2019, 10:50:38 AM
some of the natural things I want and I expect on an exchange are:
1. security guarantee
2. Low withdrawal fees
3. 24-hour admin service
Your number two is quiet welcoming but when it's in the aspects of when market is bad won't it affect their fee in transaction because I think this can hook up in the network and keeping you in pending.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Ararbermas on February 26, 2019, 10:54:02 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
actually mostly exchange nowadays had the same strategy with some classified exchange site around the internet  just to convince more traders as well.

So if you see this stuff on some exchange site don't easily fall on it. ( Privacy./ Security./ Liquidity ) Which is seek for specific information first including the ratings itself. Because that's  the only way to determine easily the good exchange site .  Or  choose those provably fair and the most popular exchange IMO to prevent such issues.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Polar91 on February 26, 2019, 12:27:26 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Stop loss. Most of cryptocurrency exchange doesn't have it. Thus, more traders are losing too much when big whales dumped the market. In choosing which exchanger to use, since most of them have same features, I choose the one which doesn't lagging.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Thanasis on February 26, 2019, 12:42:53 PM
Security to our funds and high trading volume is the thing most important when picking up a platform for trading and other features like much trading pairs,decentralized platform may increase the priority but for now most exchange will have BTC,ETH and a stable coin for trading pairs.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: marcous on February 26, 2019, 02:34:09 PM
In addition to the previously mentioned security and easy deposit and withdrawal transactions, of course, Exchange that doesn't use BOT is a good criterion and good choice for traders. Considering the existence of BOT is very annoying I guess.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: kalstarzz on February 26, 2019, 02:53:47 PM
for me most exchanges have occupied what I need. but if I can fulfill it I need a notification when there will be a coin or token that will do a scam.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: malikusama on February 26, 2019, 07:23:42 PM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

The bolded option seems to be a rare find in exchanges nowadays. Yes, they may have customer support service but most of them take days or even weeks to respond in an urgent query. Some may have live chat available, but pre-generated text is what greets me most of the time whenever I have something to ask. I am yet to find and exchange with an exceptional customer service that really replies within the day and actually resolves my problem on their platform whenever I need it.

It's hard to response the queries within a day when there are numerous users.  
Even the top listed exchanges can't respond timely because they have to process bulk of requests regularly.

24/7 support(query response) will be great if any exchange implement it in future but it's not necessary if the exchange is trusted, secure and have high liquidity.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: omonuyak on February 26, 2019, 07:35:12 PM
I do prefer transparent , security and decentraliziation.  If and exchange can be Build on the foregoing I think I will seriously like it.  The security of the exchange platforms is very important and we can see how much has been lose through hack on exchange in the past because of lack of security.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Pig_CCreate on February 27, 2019, 12:01:57 AM
Something that wasn't mentioned yet is that the exchanges need to support your local currency if you plan to withdraw or deposit into the exchange. For example, Coinbase has a breakdown of the countries that is supports and what is possible for those currencies: https://www.coinbase.com/global

If you want to transact in let's say Mexico Pesos, then you are limited by a much smaller subset of exchanges that can be used. While most of the major FIAT currencies are supported, there is a huge demographic that most crypto exchanges haven't supported yet.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: LUCKMCFLY on February 27, 2019, 03:15:01 AM
I recommend the top 5 Top Exchanges, but you must make sure that at least you have the opportunity to trade in Margin Trade, and that you have the option of placing yourself in a Stop Loss and Take Profit position at the same time, I think that only Bitfinex is the one who owns it, the only thing is that they ask you to enter 10k, either USD or the equivalent in cryptocurrencies, otherwise, you decide which Exchange is best suited to the type of trading you want to do.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Caladonian on February 27, 2019, 04:55:40 AM
I do prefer transparent , security and decentraliziation.  If and exchange can be Build on the foregoing I think I will seriously like it.  The security of the exchange platforms is very important and we can see how much has been lose through hack on exchange in the past because of lack of security.
Money matters, it's our hard earned money so what we wants is the security inside the exchange where we will be exchanging and do our trades,
with continuous updates and progress regarding to security exchange might be appealing to me, together with customer assistance if centralized
exchange.

Protections of assets, making sure that everything is safe against intruders and hackers.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Mr.grin on February 27, 2019, 06:37:48 AM
well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: wuvdoll on February 27, 2019, 07:56:15 AM
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
I am always having secondary thoughts about sudden change of terms so that I might need to clear KYC with my exchange. I mean I just want assurance that I never need to have any KYC clearance as long as I am dealing only with cryptos and not fiats. I'm not sure that any exchange is providing such guarantee that they will never look for KYC when we will trade only cryptos without touching fiats parts.

Other than this I am always want stable and highly secured exchanges from hacking attempts but that will not be possible for any business because they are also not aware of how strong the hackers will come against them.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Zalaster on February 27, 2019, 09:56:26 AM
I think what is needed for crypto exchanges is security. Because security is the main thing that is needed, it is useful to keep assets from being lost and avoid hacking. In addition, 24/7 support and privacy are also the most needed things. 24/7 support helps if there are problems in trade and privacy I'm sure many people choose to keep their privacy safer. Besides that, it depends on each person who uses it.
You always risky if you keeping funds in your account. You can simply be blocked by service, so you will fight with the exchange. Now I use exchangers without registration, for example, ChangeNOW, which looks good at the moment. Their support also inspires confidence, addressed them several tickets, they solved the issues quickly. But, of course, everyone should choose what is better for him.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: conected on February 27, 2019, 10:06:19 AM
well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.
- Security and safety for users is really the first factor we need in a good exchange but it is still not enough to convince us to care and participate regularly in an exchange, besides safety and security, support from the exchange management team, analytical tools and trading volumes on exchanges is also a very important part. Because if exchanges are safe but their support is too poor, our property has problems, we also need to wait a long time to be resolved, miss a lot of opportunities, and good tools and high trading volumes is an easy to understand, without these things, we can hardly make money


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: radjie on February 27, 2019, 10:09:13 AM
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
I am always having secondary thoughts about sudden change of terms so that I might need to clear KYC with my exchange. I mean I just want assurance that I never need to have any KYC clearance as long as I am dealing only with cryptos and not fiats. I'm not sure that any exchange is providing such guarantee that they will never look for KYC when we will trade only cryptos without touching fiats parts.

Other than this I am always want stable and highly secured exchanges from hacking attempts but that will not be possible for any business because they are also not aware of how strong the hackers will come against them.
almost all exchanges of course need kyc for its users, this is sometimes an obstacle for some traders who have just visited the crypto exchange for the first time because they need confirmation that must be approved. however, the exchange that requires Kyc certainly has security and comfort for all its users.

maybe the most important thing that all exchanges must have is that it can make it easier for users to make deposits and withdrawals instantly and ease the burden of costs


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: jvdp on February 27, 2019, 02:16:18 PM
well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.
I saw many promising exchanges in current market If you have any clarification you may create a thread surely everyone resolve your issues. But most of the exchanges are huge transaction fees in withdrawal so peoples are not like the some exchanges so we must choose our desire exchanges in crypto trading.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: zhekinsp on February 27, 2019, 05:27:38 PM
What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Fredomago on February 27, 2019, 06:08:00 PM
What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.
With centralized exchange, you need to process KYC if you will going to exceed with their allocated amount for withdrawal, it's been a rule to avoid
money laundering and exchange needs to comply with that, if you don't want to do the process alternative like DEX can be used for making huge
trades without the interfering  of any approvals or delayed.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: zhekinsp on February 27, 2019, 06:13:16 PM
What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.
With centralized exchange, you need to process KYC if you will going to exceed with their allocated amount for withdrawal, it's been a rule to avoid
money laundering and exchange needs to comply with that, if you don't want to do the process alternative like DEX can be used for making huge
trades without the interfering  of any approvals or delayed.
But for certain limit like one bitcoin per day will need no approval just pay the fee and initiate the transaction will make the trading platforms as much better place.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: dmamigo on February 27, 2019, 08:00:24 PM
What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With P2P system on some exchanges, I now enjoy it a lot. Instant withdrawal issue now matters quite less. High fees also bothers me a lot, for a very few amount, I had to pay a loads of fees.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Noa_Amable on February 27, 2019, 08:17:24 PM
eeeeeeeeeeeeeeeeeeeee
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal


Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.

I guess Hitbtc used to have quite high fees,though not sure about current situation.
I suppose that there are more features which could be added to a Great exchange,like Forex and CFD brokers have.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: zhekinsp on February 28, 2019, 06:24:04 AM
What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With P2P system on some exchanges, I now enjoy it a lot. Instant withdrawal issue now matters quite less. High fees also bothers me a lot, for a very few amount, I had to pay a loads of fees.
In centralized exhchange which is also a big issue,but normally I trade decent amount so there is no need of withdrawal fee.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: gilangIDR on February 28, 2019, 09:57:34 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
What I have noticed the most is the security feature, because when we want to trade comfortably, security is something that must be taken into account. If an exchange does not have a good level of security, it will make us problematic in the assets we have.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: binhvo1505 on February 28, 2019, 12:09:10 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
I think that is the level of security and credibility of the exchange. I have the habit of putting coins on the trading floor so that transactions become quicker and easier. but recently some exchanges have encountered many security issues and it has collapsed because hackers hacked into the system. Investors lost all their coins and had no refund.
In order to become a large trading platform, a large volume is not enough, it needs a great level of security.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: SvonioneFromMangoCoinz on February 28, 2019, 01:02:48 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
For me, I need the speedy transfer of the floor system and the purchasing power of a trading floor.
Big exchanges with high purchasing power and liquidity are safe. I love it. Besides, I need the system of trading floors to have fast blocks processing speed so that I can trade quickly.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: fullhdpixel on February 28, 2019, 08:52:15 PM
well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.
Of course security and a risk free investment is what every businessman would love to have. Unfortunately we do not have so many exchanges that can give the investor what he/she wants from it. In addition, I think that we are fortunate enough to have some good exchanges which are the top exchanges like Coinbase etc and we can make use of those exchanges to make things happen.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: carlfebz2 on March 01, 2019, 01:11:25 PM
eeeeeeeeeeeeeeeeeeeee
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal


Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.

I guess Hitbtc used to have quite high fees,though not sure about current situation.
I suppose that there are more features which could be added to a Great exchange,like Forex and CFD brokers have.
Until now they do still have the same withdrawal fees which making a micro transaction with that exchange will not really be ideal at all.Talking about Forex and CFD brokers feature I guess it
wont really be necessary but when we do mention about technical things I guess it is already being included or can be seen on current exchangers as of todays.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: hahay on March 01, 2019, 01:19:59 PM
Every exchange already has a good system in my opinion, but only in the complaints service that is still not good at every exchange, I know they have and select each of their workers in order to give a good response, but the lack of workers or complaints that pile up causes Complaint service is very long to respond, this will make users continue to worry because the complaint is not responded quickly.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: creeps on March 01, 2019, 01:37:59 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: iv4n on March 01, 2019, 06:37:43 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.

Why to even mention security, that`s always important. If you wish to trade anywhere you check for daily volume, you can`t trade on place where people aren`t buying or selling. So you need active exchanges with many active people, the more the better. Except that trading fees, and withdrawing fees are important if you trade with small amounts. I always like to see some nice promotions, so if exchange have that, like some have, that can draw my attention. I just listed you what is most important for one exchange to have, without that they are empty and they are doomed to fail.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: mersal on March 01, 2019, 10:19:54 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
I think the most important thing was contact between the changes and the seller of any currencies because not surface changes not responsible for the changes in many times that's why people will not trust while using changes and answer security be important here to trust them.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: CryptoCounselor on March 01, 2019, 10:51:27 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.

Why to even mention security, that`s always important. If you wish to trade anywhere you check for daily volume, you can`t trade on place where people aren`t buying or selling. So you need active exchanges with many active people, the more the better. Except that trading fees, and withdrawing fees are important if you trade with small amounts. I always like to see some nice promotions, so if exchange have that, like some have, that can draw my attention. I just listed you what is most important for one exchange to have, without that they are empty and they are doomed to fail.

It's awful to trade on unknown nor unreliable exchange since the mere fact that we might get bad returns for trading at them we cannot also know that we are trading at the right platform since we cannot make sure that they are safe. So security and volume of traders is very important upon selecting a exchange to trade on.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: LbtalkL on March 01, 2019, 11:52:04 PM
Security is very important on an exchange customers fund and data's safety has to be secured. A responsive support that helps every customers problems and issues anytime, some exchange is very poor on this matter. Exchange transparency, if there is transparency customer will put their trust on the exchange. I usually use a top 10 exchange which has good reputation and have small withdrawal fees.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: StarofBTC on March 02, 2019, 05:00:09 PM
I do prefer transparent , security and decentraliziation.  If and exchange can be Build on the foregoing I think I will seriously like it.  The security of the exchange platforms is very important and we can see how much has been lose through hack on exchange in the past because of lack of security.
Money matters, it's our hard earned money so what we wants is the security inside the exchange where we will be exchanging and do our trades,
with continuous updates and progress regarding to security exchange might be appealing to me, together with customer assistance if centralized
exchange.

Protections of assets, making sure that everything is safe against intruders and hackers.
It’s not only bitnex mate, we have quite a number of exchanges that has these facility in place, bitfinex is also good but I recommend binance. They give opportunity to trade in margin and give you an option of placing stop and loss.

The most important thing is for the user of any particular exchange to understand the terrain, check for pros and cons before using an exchange as most of them tells you they offer this service and you get to know they don’t once you register with them or put in your money for trading.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Bravext on March 02, 2019, 05:31:31 PM
To be honest, I do not really choose the Cryptocurrency exchanges that I trade on, I just go wherever the coin I want to buy or sell is trading, but one thing I always consider in an exchange is the fees, I love exchanges with low withdrawal fees.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: GregH37 on March 03, 2019, 04:55:25 PM
I need an exchange that has Stop loss tool for traders and exchanges that offers mobile application for IOS and Android. I presently trade on bittrex and their services so far has been awesome as they have most of these facilities still I look for an environment similar to metatrader 4.

I have been using them for a while now and I find it so easy to cryptocurrency while on the move irrespective of my location provided  have strong network connection. They also have quite number of coins that I need for trading.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: karungbitcoin on March 11, 2019, 08:54:02 AM
I want to have crypto exchange just like Metatrader platform that available alot of tool of trading. Also the highest of security and they can offer guarantee safety for fund of all user.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: iMark on March 11, 2019, 01:49:50 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.
Thats right, bugs and other transaction problems can occur in an exchange, all I want is to have livechat with customer support or at least give a quick answer, yeah customer support should always be online and fast response, it will be very helpful


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Kelvinid on March 12, 2019, 02:06:43 PM
Other Cryptocurrency exchanges is just like a frame that a possibility to gain some profits to investors and want to those people trade up on their platform but we have no choice if they do that. It's up to those people which exchange they want to pick.
The most important thing we should look in a certain exchanges is the security of our wallets and funds. That is why we should read their feedback's and once we found it good and reliable, then why not to choice? Fees also considerable but I'll just ignore it if it won't have a huge effect into my gains. Cause we can't escaped from that as it is necessary to pay to have a successful transactions.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: wall101 on March 14, 2019, 12:40:21 PM
Other Cryptocurrency exchanges is just like a frame that a possibility to gain some profits to investors and want to those people trade up on their platform but we have no choice if they do that. It's up to those people which exchange they want to pick.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Akagum on March 14, 2019, 04:08:24 PM
I look out for cryptocurrency exchanges that has a very user friendly interface .
2. It must have that function that tells one the total  amount of coins you want to buy once you input the amount of coins inside the box provided.
Binance has this function even huobi  and stex exchange.
I hated cryptobia exchange then when I joined cryptocurrency.... trading on the exchange is a Herculean task.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Suslura on March 14, 2019, 07:28:30 PM
I look out for cryptocurrency exchanges that has a very user friendly interface .
2. It must have that function that tells one the total  amount of coins you want to buy once you input the amount of coins inside the box provided.
Binance has this function even huobi  and stex exchange.
I hated cryptobia exchange then when I joined cryptocurrency.... trading on the exchange is a Herculean task.
The fact is that many users of cryptocurrency are still waiting for a decentralized exchange, which will work for the benefit of users of cryptocurrency, and not other government structures. I want to believe that the anonymity of the investor, as well as traders will be the main ones in this area. But today the situation has changed a lot.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: DeadCoin on March 14, 2019, 08:00:36 PM
I look out for cryptocurrency exchanges that has a very user friendly interface .
2. It must have that function that tells one the total  amount of coins you want to buy once you input the amount of coins inside the box provided.
Binance has this function even huobi  and stex exchange.
I hated cryptobia exchange then when I joined cryptocurrency.... trading on the exchange is a Herculean task.

I am sure the best exchanges do have features more advanced then you ask.These are common feature a new exchange would try to have. I do expect that volume should be high to the respective coin i trade with. This would support me for day trading to get in and out often to  see more profits.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: boris singer on March 15, 2019, 12:52:07 AM
exchange markets with their own coin capitalization as conversion strength (such as bnb) can add quality to accumulatively increase trade discount incentives. the addition of the stop loss feature is also very important, and it is better if many ico have collaborated with the market so that investors have secured guarantees from third-party providers. it would be nice if many markets apply things like this.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: whyrqa-1 on March 15, 2019, 05:19:55 PM
exchange markets with their own coin capitalization as conversion strength (such as bnb) can add quality to accumulatively increase trade discount incentives. the addition of the stop loss feature is also very important, and it is better if many ico have collaborated with the market so that investors have secured guarantees from third-party providers. it would be nice if many markets apply things like this.
Some ico companies today, when mentioning various information about the support of a new project by many companies, indicate some trading platforms that to one degree or another will support the tokens of this project and will actually contribute to the listing. But there are very few such projects and investors do not have full information from ici companies in order to be able to trust more.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: CryptoInsights on March 16, 2019, 06:01:51 AM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

How can you measure this criteria , how can you be sure of their privacy and their security as all exchanges promise that then they get hacked !!
Also,what about other features you are looking for that if implemented you would consider using in a new exchange ?
but for all the exchanges it is very strong to hack into security. but it can be hacked and it depends on the person using it if I think. because all of that can be cracked depending on how we use it ourselves

I think to avoid hacking we need to store max of our funds in hardware wallets and trade through non-custodial exchanges.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: BitcoinTurk on March 16, 2019, 09:22:20 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

In recent years, we are witnessing that many new market services are entering the market, which can be considered as a positive development for investors. Although it is more beneficial for the investor to serve in the market where there are many services than in monopoly markets, we can see from time to time that these services are used for malicious purposes. Although there are new and very successful services in the market, the number of services has increased so much that the investor is having difficulties in choosing the best among these options. On the other hand, in order to sort out a few criteria that I have given when I prefer my service;

- High throughput
- Low commission
- Fast processing
- High Security Prevention
- Market confidence in that service
- 7/24 fast support

and more.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: thinkright on March 16, 2019, 09:57:32 AM
It varies depending on the kind of trader you are. Considering an active trader, his/her would be more. Most important the exhchage's reputation, volime, list of assets and pairs, transaction fees, customer suport etc.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: el kaka22 on March 16, 2019, 04:43:13 PM
I guess cheap withdrawal fees and trading fees are becoming more and more of a big request. Unfortunately most of the exchanges require a ton of money for the trading and withdrawal fees, trading fee is getting kind of small and small every time a new place opens up but they lack volume however withdrawal fee is always an issue and unless we have ourselves a place that uses lightning network than we need to pay an arm and a leg for withdrawing small amounts.

Think about it can you just send 5 bucks in some coin form to an exchange and make couple trades and withdraw it? It will eat up most of your money if not all of it in many places, so we need a place with high volume, a lot of coins , great security history plus very low withdrawal fees almost none. If that happens I am switching to them.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: CoinCollect on March 16, 2019, 05:33:32 PM
There are not enough exchanges with a user-friendly interface and a convenient mobile application. I think that not everyone is comfortable to spend a lot of time at the computer, but everyone uses their smartphones. So it would be very convenient to have a exchange with a good mobile app to be able to trade anywhere.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: michael23 on March 16, 2019, 05:50:20 PM
The most important thing you need to pay attention to when choosing an exchange for trading is security and interface. It is also important to determine the amount of Commission that is charged for transactions. And of course, support for developers and quick resolution of problems, if they arise. This is what is most important to me in any exchange.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: taktik on March 16, 2019, 08:57:44 PM
The most important thing you need to pay attention to when choosing an exchange for trading is security and interface. It is also important to determine the amount of Commission that is charged for transactions. And of course, support for developers and quick resolution of problems, if they arise. This is what is most important to me in any exchange.
Actually, I have not yet met such a trading platform that would take higher interest rates from participants or raise prices for transactions. In any case, most traders have large volumes of trades, at least more than $ 100 or $ 200, and therefore prices per transaction suit everyone. I am more interested in questions on the time of transfer of funds from the wallet to the balance of the exchange or withdrawal of funds from the exchange.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: AngellSky on March 17, 2019, 01:59:05 PM
The most important thing you need to pay attention to when choosing an exchange for trading is security and interface. It is also important to determine the amount of Commission that is charged for transactions. And of course, support for developers and quick resolution of problems, if they arise. This is what is most important to me in any exchange.
Actually, I have not yet met such a trading platform that would take higher interest rates from participants or raise prices for transactions. In any case, most traders have large volumes of trades, at least more than $ 100 or $ 200, and therefore prices per transaction suit everyone. I am more interested in questions on the time of transfer of funds from the wallet to the balance of the exchange or withdrawal of funds from the exchange.
Of course there are some exchanges that still have not corrected the capabilities of their users. As an example, you can bring Hot Bit, which is still raw, because there are difficulties in accessing your account, as well as in crediting funds to the balance.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: crypteris on March 23, 2019, 08:36:58 PM
In crypto exchange, I prioritize security, low fees, good customer support, margin trading availability and easiness of use. Based on these criteria, I decided that cex is the most suitable exchange for crypto trading. Currently, margin trading is disabled because of their new broker launch ( https://cexbro.com/ ). Therefore, I am waiting for its opening. Furthermore, they promise to provide benefits for registration and new advanced features. I think it will be something like Coinbase Pro, which is mainly focused on experienced traders. Anyway, we will see soon.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Suslura on March 23, 2019, 09:45:30 PM
In crypto exchange, I prioritize security, low fees, good customer support, margin trading availability and easiness of use. Based on these criteria, I decided that cex is the most suitable exchange for crypto trading. Currently, margin trading is disabled because of their new broker launch ( https://cexbro.com/ ). Therefore, I am waiting for its opening. Furthermore, they promise to provide benefits for registration and new advanced features. I think it will be something like Coinbase Pro, which is mainly focused on experienced traders. Anyway, we will see soon.
in any case, if I touch the exchange, it makes it imperative to provide passport data without thoroughly and without any bonus conditions, then I try to bypass this resource side, because I do not see any output features for myself. Especially if you consider that I can use this trading platform only a few times.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: sandra_x on March 23, 2019, 09:57:16 PM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
Top on the list is exchange security and the integrity of exchange. You will want your tokens on the exchange safe from the reach of hackers.Also you will want you tokens deposited to be credited accordingly. these in place,you can then start consider the trade volume,ease of use,lists several tokens etc


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Malsetid on March 26, 2019, 06:19:57 AM
The most important thing you need to pay attention to when choosing an exchange for trading is security and interface. It is also important to determine the amount of Commission that is charged for transactions. And of course, support for developers and quick resolution of problems, if they arise. This is what is most important to me in any exchange.
Actually, I have not yet met such a trading platform that would take higher interest rates from participants or raise prices for transactions. In any case, most traders have large volumes of trades, at least more than $ 100 or $ 200, and therefore prices per transaction suit everyone. I am more interested in questions on the time of transfer of funds from the wallet to the balance of the exchange or withdrawal of funds from the exchange.
Of course there are some exchanges that still have not corrected the capabilities of their users. As an example, you can bring Hot Bit, which is still raw, because there are difficulties in accessing your account, as well as in crediting funds to the balance.

Interface can take a backseat for me. Security is always the top criteria. And the accessibility and transaction spees. You can always get used to an exchange's interface even if it looks complicated, simply by using it over and over again. Now 2fa and having your own private keys are a big plus factor though i think most exchanges already have them implemented.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: wayancrypto on April 01, 2019, 01:18:03 AM
I want to have crypto exchange that can guarantee for the security of my money in the platform by provide insurance. And other thing is that exchange has low spread and high trading volume so all transaction will be very fast. Binance and Huobi is one of the good exchange that has high security level.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: BigTeeths on April 01, 2019, 01:41:00 AM
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal



I do want those too and I highly recommend others like kucoin and bitfinex as well. But I do really want to see an exchange to offer is they will pay the losses of users when there's a hack that stole our assets. That would be the perfect exchange but I'm willing to accept if they can only pay back at least 70%-80% of our losses.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: GregH37 on April 02, 2019, 11:26:29 AM
I want to have crypto exchange that can guarantee for the security of my money in the platform by provide insurance. And other thing is that exchange has low spread and high trading volume so all transaction will be very fast. Binance and Huobi is one of the good exchange that has high security level.
Well, I doubt if any exchange will want to provide insurance of any sort to their traders because  when it comes to insurance, insurance companies operates under government policy and because of the little support from government, no insurance company will accept to get involved in anything that has to do with crypto currency and also because it will be lot risky for them to do so.

Moreover, this will also automatically add additional cost to the users because every penny they incurred externally on behalf of the user aside the maintenance of their platform will be passed directly to the platform users which will make the charges of exchanging n the platform become high.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: Bijikopi on April 02, 2019, 05:24:25 PM
the latest things have been added such as IEO in the popular exchange market. But because the demand is very large, I'm sure the system will be very heavy. in the future I hope that exchanges can facilitate up to 2-5 IEOs that run at once so that many new coins can be mediated well by the participants.


Title: Re: What do you need in A Cryptocurrency Exchange ?!
Post by: stitch101 on May 08, 2019, 09:32:08 AM
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
As a newbie, I can't avoid being discombobulated about exchanges but I know that you need to consider a lot of things in order to find a good exchange. As of now I still searching an exchange but i'm lucky because one of my friend suggested darb (https://darbfinance.com/?=crowd) exchange. I'm not actually familiar on this exchange that's why I decided to make some research, is there anyone had experience with it? Well based on some details about it, it is a good trading platform that helps newbies to trade by providing a demo account for them. In addition to that, they also has fast transaction in transferring funds and assets which is one of the criteria that i'm looking for. One of the best thing about it is that it can also be a crypto wallet that has high security level where we can store our assets and funds. I'm pretty interested about it but as of now it is better to look for other recommendation and some information about different exchanges.