Bitcoin Forum
May 23, 2024, 05:30:18 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Criteria for choosing a good crypto exchange platform  (Read 84 times)
tuansemazi (OP)
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
May 30, 2018, 03:56:56 AM
 #1

1. The exchange address
No address, no transaction. If you do not know where the platform is located, it is difficult to determine the legality of the situation in case your property is attacked.

2. The reputation of the exchange

Simply use google to search the name of the trading platform, and you will be provided with information such as from forums where people share experiences. You will be able to assess the risk and exchange with the users of that floor. But do not just search for only names, add the word "hack" at the end to find out the truth about the story involved.

3. Confidentiality
Opening an account is difficult? Otherwise, there is no credibility and if there are variables, you will not be able to recover your money.

4. Transaction fee

Secure trading platforms generally charge higher fees. Coinbase, one of the most reputable flooring companies, charges up to 4% for all transactions. If you are offered a low transaction fee, be wary.

5. Speed
The key to successful transactional encryption is efficiency. Stop holding too much money on the trading floor for too long and do not invest more than you are willing to lose.
manggis97
Member
**
Offline Offline

Activity: 476
Merit: 10


View Profile
October 06, 2018, 09:45:12 AM
 #2

Yes we should be chooce good reputation of exchange and they are operated a couple years ago already and since that times the review from their user is good. Fully regulation and  High level security also should be have by that exchange and they never get any issue of hack. In my opinion one of the these exchange is Bittrex and Poloniex.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!