A tip for choosing the exchange.

[metribitcoin]

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

[Denies]

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

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

Hope this helped.

like this dude

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

[CryptoIyke]

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

[okala]

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

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

Hope this helped.

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

[oicieffive]

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

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

[Duogembrot]

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

[naidray]

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

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

Hope this helped.

It’s best to not have your coins in only one exchange so that you don’t lose them at once in case such a thing happens and the exchange is attacked by hackers. So have different exchanges and only have the coins you want to trade with on exchange and once you’re done with it you should move it straight to your wallet, cause there it will be much safe than on the exchange.

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

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

[InvestICO2L]

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

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

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

[manggis97]

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