Here's my submission. Thank you!BTC

https://youtu.be/qJ1SLu86Nak

Signed up! Crossing fingers I get in.

I agree with you, but my point was different. I meant that in order for an exchange to be reputable it needs strong security to prove itself resistant against bad actors or platform downtimes and lag.


Transparency is very important and we see some exchanges without faces and names behind them which is bumper for many people in my eyes. What do you think about KYC (not mandatory) but to have it as an option?

Thank you for the answer! Reputation comes with strong security, this is why I am all in for strong withdrawal protections put in place.

Thank you all for the answers!

From what I have seen until now the most important factor seems to be reputation therefore strong security etc..

There are people who want to risk it from time to time and try with the max leverage. In the end, it all comes down to how people handle the instruments. I see many people list Reputation, but what if the exchange is new? Reputation is built with time.

Yes, I will release the research here but don't expect it to be something extraordinary, otherwise thank you for the answer. From what I see for now security, liquidity, order control, and withdrawals are on the top. I need more answers to evaluate more correctly and correctly sort it by importance.


What kind of security practices and options do you want to see?

Btw it would be very useful if answers here input security practices and what kind of security options do you want to see for an account, withdrawal protection?

Would people would like to have a layer 2 protection a.k.a different passwords for trading and withdrawal besides account password?

And on top of that - do you want to see an SMS, 2FA, e-mail code confirmation requirement when withdrawing?


Binance now has leverage trading with 125x which is very impressive. Thank you for your answer!
Let's evaluate what kind of protection system would matter a lot for your decision when choosing between derivatives trading platforms?

Sorry for the long post, but to end it with one more question to leave more room for thought:

What kind of innovative instruments would you like to see? (Not only trading pairs, but also interface options, order control etc... everything is welcomed)

 

Thank you for the feedback! You put liquidity on top and order control/execution. Most of the derivative platforms have time-based withdrawals 1 to 2 times per day in batches. I would like to see a derivative platform with available withdrawals on demand.

What about instruments and trading options? What would you like to see besides the six things that you pointed out?

Thanks for your input! I know I likely won't get a very accurate one, but it's worth the effort. I'm hoping to get more opinions from all kinds of sources.

Hey everyone. I'm working on a small research paper about crypto trading. I need your help to collect some insights of what both engaged and not so active cryptocurrency traders look for when selecting on which derivatives crypto exchange to trade.

What do you expect from the ideal crypto derivatives exchange?
Name 3-5 most important things ranged by importance.

E.g.:
1. low fees
2. high leverage
3. wide range of assets
4. long exchange history & reputation

I will post the research here when ready with it. The more answers I get the better representation of each group. Thanks!

Crypto exchanges are not dead, it is just that there are a lot less people trading and investing in such conditions.
BUT there are good ideas and exchange platforms being built at the moment.

There is one exchange that will offer copy-trading and algo trading to its customers. You will be able to follow and the trades of a chosen trader.
It is called - Covesting (Regulate by Gibraltar, DLT license)
Their token-economics are not to be missed.
-50% fee reduction when trading through COV-pair pairs
- You will need to buy COV to be able to follow a trader.
- You will need to buy and lock COV to unlock access to algo trading.
- Token burning - 50% of the exchange fees will go to burning the token.

So NO, I don't think that innovative and regulated exchanges are dead, it is just that the market is in a very bad situation.

I only would buy in into very stable projects after I have done my diligence on them. Projects like cargox, covesting - those are projects that I feel secure and have great potential.

I think that we may have few positive days, but not much after it. It is too early for the market sentiment to turn positive (bullish).
Maybe we are entering neutral zone or we really hit the bottom in the last few days of horror.

Utility token - Covesting and CargoX
Scalability - Zilliqa and AELF


Covesting - exchange/copy trading platform with DLT license
CargoX - CargoX is the independent supplier of blockchain-based Smart Bill of Lading (Smart B/L™) solutions that provide an extremely fast, safe, reliable, and cost-effective way to process Bills of Lading anywhere in the world.

Those two projects if successful can have quite big ROI.

In my eyes it is inevitable that the cryptocurrency market will grow with time, we just needed this correction to happen so that shitty projects and people who are only for quick buck flushed out.
It is very similar to dot.com bubble.
Do you think that people then felt good about Amazon or Google?

Lets not forget the transparency and the professionalism of the CEO and the team, and that they are communicating directly with the investors.

Obtaining the DLT license from Gibraltar was a big step for the team (Lets not forget that Covesting also have 3 licenses from Estonia too) and this is just the beginning to building awesome, stable and secure platform with investment options aside from exchange.
Copy-trading, algo, arbitrage etc... and all of that combined with awesome token-economics, it is just the recipe for something incredible.
Background of the team, expertise and the idea - all of that made me invest in the beginning and been hodling since the ICO and obtained more during this whole year.

In my eyes the company has enormous potential and I can see them growing very very fast (exponential).
With its token-economics and the very limited quantity of the token (only 20 million) I think that we are in for a ride if the near future when the platform is released with all of its investment instruments.

Overall: I am utterly bullish for this project.



Covesting will include:

Fiat gateway

Token-economics (everything bellow requires in some form to buy and use COV-token to access the instruments and it will be mandatory):

Copy-trading
Algo
Arbitrage
Reduction of the fees if you hold and use COV for trading etc...

I would like to hear your opinions about Covesting and its soon to be released instruments