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Author Topic: What interest you best when choosing an exchange?  (Read 164 times)
ngacengan
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December 28, 2017, 02:35:34 PM
 #21

What parameters should someone check when trying to choose an exchange to work with?

I choose the market by looking at the security conditions of the market and how the volume within 24 hours in the market is a lot of trading there if a lot and smoothly it will be my market choice. like as bittrex and poloniex
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December 28, 2017, 02:42:39 PM
 #22

What parameters should someone check when trying to choose an exchange to work with?

I prefer medium exchanges and usually I'm looking for few stuff, in this order:

Limits, Reputation. Do the exchange have my pairs of some exotic coins and Fees.

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wantjokull
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December 28, 2017, 02:49:18 PM
 #23

What parameters should someone check when trying to choose an exchange to work with?
For me the quick actions are very important in the crypto exchanges and the one which gives it faster is what I choose in first glance. For example, if there is any coin which getting dumped to even pumped then my orders must be opened and closed faster than normal so that I won't loose my money or don't loose my profits. This is important in the situation when you don't have options of auto-trades.

Apart from this I would really hate if my exchanger doesnt load completely in very short period of time. There are some big exchangers which takes a while to load completely and display the real time data. This is not good thing and I will never choose such exchanger at all. Besides this I will also look for my portfolio of the coins and will see which one is listed and which is not. If major of the coins are present then thats preferable for me.

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km4700ruda
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December 28, 2017, 03:26:12 PM
 #24

The fees and the volume that they are managing are the only things in what i take care about..
You can not pay $40 worth of fees just to withdraw your money from there..
susuberuang
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December 28, 2017, 03:38:21 PM
 #25

What parameters should someone check when trying to choose an exchange to work with?

I see from the number of volumes in the market and see how the security is owned by the market, when the volume of the market there is high and its security is also very high I will use that market for me to do trading.
gorodi
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December 28, 2017, 05:20:36 PM
 #26

What parameters should someone check when trying to choose an exchange to work with?

Of course the fees for transactions are essential thing. But on my mind it is more important the existence of reliable security system of platform. Because all these hack attacks are real problem for users.
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