What to consider when choosing the best Crypto exchanges

[nsk_cgey]

what are the key aspects one need to know when we decide to open an exchange account...

- ensure if all required licensing requirements are met by the exchange, otherwise chances are the URL will soon disappear, and you will loose whatever you have in it
- secuirity and authenticity - if a well known exchange is already hacked, chances of getting hacked again is much lesser as they would take enough measures to secure themselves
- check if they permit Both Fiat & crypto deposit and withdrawal
- check if OTC is available
- most importantly, check if the support team is responsive and provides prompt services, many an exchange sucks when it comes to support services,... literally we have no clues if the deposit or withdrawal is lost/delayed and if the exchange platform have any issues..
- supported tokens - check if important coins/tokens are listed in the exchange.... most of traders are careful in choosing the main coins & alt coins, not every crap should be selected for our portfolio... give a good look on the project of alt coin before getting dirty on it
- fee structure,.. see if its a reasonable fee structure.. don't get involved if anyone says its the lowest or absolutely free... there is no free meal,,. don't get screwed later... better check thoroughly the market trend on fee structure and go for a nominal one.. exchange need to run their business too.. they don't run charity
- user interface and experience - we just need to see if the standard exchange functionalities are available.. that's fine
- lastly, what are other benefits we get from having the account created in the exchange... there are fantastic exchange like the Trade Exchange which apart from regular crypto trading, also provides Forex trading through crypto and a great functionality - Liquidity pool functionality,.. wherein, one earns passive income just by holding tokens...

I have been using major exchange platforms, however very satisfied with Trade Exchange platform considering all of above aspects, would recommend this to anyone.. so far I had received with more than 3000$ from liquidity pool within last 5 months. the platform is pretty good with even forex in it.

check the same by visiting the exchange from below link,..

https://trade.io/?tioRef=4fcd7524

[SirLancelot]

I believe I have seen this topic before and the post is excalt with the one I saw earlier, I want to believe that it was a mistake because I have seen this happen over and over again, which is mostly caused by the network provider a person is making use of, if there is a slow internet connection, then this is likely to happen, but I think leaving the two topics open for reply is not so cool and very confusing, it would be best is you lock on of the topic.

[trade2winnn]

First, reliability,trading volume is the cryptocurrency that you want to throw there,and more factors, how popular is this crypto-exchange,so denoting this range of attention,you'll understand more where you should better place your coin on what exchange

[MedvedevVasilyS]

First, reliability,trading volume is the cryptocurrency that you want to throw there,and more factors, how popular is this crypto-exchange,so denoting this range of attention,you'll understand more where you should better place your coin on what exchange

I think that the most important is the volume of trading. because if there are no traders on it, then why do we need this exchange