How to Choose a Stock Exchange?

[BitcoinTurk]

All friends who enter the crypto money market will first encounter the exchange term. This is the name given to the economy markets as it is understood in the name of this word that you can also hear in your everyday life. So what should new investors have to be aware of when choosing a stock exchange for their investments? Here are a few key elements to be done and checked during the stock market selection for crypto money trade;

Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

Server and Location: The servers used must be of high quality for processing speed or for wave markets. It is also important which company supports the server, how good it is, and how good the server providing the server is. A server that is constantly crashing can be negatively affected by financial users. In addition, the server location is located in which country, it is useful to check. Servers hosted in different countries can often be risky for the stock market.

Technical Team: When you have a problem or difficulty, it will be helpful to know the speed of this team because the technical team will be interested in you. Remember that the time is cash and crypto money market is changing within seconds.

Payment Options: Payment options are also an important factor. Banks with low payment methods may experience difficulties in commission rates but in the same way, it is possible to have difficulties in payment because the cash reserves will be distributed to different areas in the stock market with many payment methods.

In this article I have informed you about the ''Points to be taken care of when choosing the stock market.'' If you have the parts that you want to add, you can support comments and forum members by commenting.

• This article is owned by BitcoinTalk user BitcoinTurk. Copying and sharing without reference is prohibited. Shared with references.

• In the frame of respect for labor, the subject is open to all kinds of debates.

• I apologize for any mistakes, misspellings and / or misspellings made because my English level is not advanced.

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[BitcoinTurk]

For friends who want to know about this topic, it is beneficial to keep it up to date.

[bituperio]

I think that you are focusing on very lateral things. The first thing to consider if you are a trader are fees. So the best exchange for you may not be the best exchange for others. Also, you don´t need to choose, you have to be in several ones.

[BillCoin]

Your small guide is probably about buying and selling bitcoins, usually when people choose an exchange to trade cryptocurrencies in, they choose an exchange that supports only cryptocurrency trades, and don't support fiat trades( Tethers count as a cryptocurrency), because those exchange usually are much more anonymous( they don't need to operate a bank account in order to exist, so they can afford being anonymous).

An even bigger factor is the amount of fees that the exchange charges, there is an huge differences between the exchanges, and a normal trading fee would be 0.1%/0.2%(maker/taker).
Usually the biggest exchanges can afford offering the most competitive fee rates.

[zhanyiguai261315]

Choose the top five exchanges in the world!

I recommend Binance! In less than a year, it became the third-largest encrypted currency exchange with more than a million users.

The transaction is stable and fluent, supporting multiple languages, covering multiple platforms, unique PC clients,

With very comfortable recharge and currency experience, the most important currency is low fees!

[BitcoinTurk]

Choose the top five exchanges in the world!

I recommend Binance! In less than a year, it became the third-largest encrypted currency exchange with more than a million users.

The transaction is stable and fluent, supporting multiple languages, covering multiple platforms, unique PC clients,

With very comfortable recharge and currency experience, the most important currency is low fees!

I recommend Binance too because it is the best one in crypto world. It is safier market and it have huge amount of traders accounts. It means it's volume good too.

[musdafakfl]

It was an explanatory article explaining what new investors should pay attention to while selecting the stock market. Many criteria include important information, as well as suggestions for new investors.

[BitcoinTurk]

It was an explanatory article explaining what new investors should pay attention to while selecting the stock market. Many criteria include important information, as well as suggestions for new investors.

Thank you for your comment, my goal is to help new investors as soon as possible.

[sitnikov]

Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.

I choose the oldest bitcoin exchange in my country as it  had a lot of users. But still has quite a lot of difference in buy and sell price. I had to switch to a new exchange because of this which was good in this aspect. I see a lot of new users joining this exchange even if it is new.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

I did not had any trouble so far using the features on the new exchange but my brother was not able to buy. He contacted the support on call and they fixed the issue in minutes. So, this advice is also very practical.

[ChinkyEyes]

Choose the top five exchanges in the world!

I recommend Binance! In less than a year, it became the third-largest encrypted currency exchange with more than a million users.

The transaction is stable and fluent, supporting multiple languages, covering multiple platforms, unique PC clients,

With very comfortable recharge and currency experience, the most important currency is low fees!

I agree Binance has become really big. It is an exchange I like to use and so far I have had zero problems with it. Personally I think Cobinhood will be the next one to see such an insane growth like Binance. It has zero trading fees and tries to differentiate themselves with a lottery and contest. Just like Binance differentiate themselves with their trading contests which gives you a chance to win a Tesla or a Mercedes.

[Silberman]

I think that you are focusing on very lateral things. The first thing to consider if you are a trader are fees. So the best exchange for you may not be the best exchange for others. Also, you don´t need to choose, you have to be in several ones.

The fees should be one of the things at the top when deciding what exchange to see especially if you are a day trader but in my opinion the first thing you need to look is how secure are your coins, how many times the exchange has been hacked? How many scam accusations the exchange has? How fast is the withdrawal and does it happens without any problem?

[hacker1001101001]

This is some very useful information about selecting a better cryto exchange. This will help many new people to learn more about trading and also earn good profits from it. I would like to say the main fact about selecting is checking the amount of traffic on the exchange as it is a very important fact for selecting a great exchange.

[BitcoinTurk]

This is some very useful information about selecting a better cryto exchange. This will help many new people to learn more about trading and also earn good profits from it. I would like to say the main fact about selecting is checking the amount of traffic on the exchange as it is a very important fact for selecting a great exchange.

Thanks for your comment. The high number of visitors is high in proportion to the volume of stock market sites.

[BitcoinTurk]

Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.

I choose the oldest bitcoin exchange in my country as it  had a lot of users. But still has quite a lot of difference in buy and sell price. I had to switch to a new exchange because of this which was good in this aspect. I see a lot of new users joining this exchange even if it is new.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

I did not had any trouble so far using the features on the new exchange but my brother was not able to buy. He contacted the support on call and they fixed the issue in minutes. So, this advice is also very practical.

Thanks for your good comment.

[BitcoinTurk]

For friends who want to know about this topic, it is beneficial to keep it up to date.

[squatz1]

One of the big things that you're missing here is the security of the exchange and the support that comes with it. Those are two insanely important things that much be addressed when you're getting involved in an exchange. You're going to want to have great support, so if an issue does ever arise it could be fixed easily without you losing any money.

Plus, for security, I'm only going to use an exchange which uses 2FA, encryption, etc. It's my money we're talking about here, it MUST be safe.

[francojon]

The only thing you need to make sure is that they have the coins you like, and apart from that is just a question of keeping the expenses low and the benefits flowing in.

[GrannyC]

I like large exchanges like bittrex because they have a huge amount of coins and pairs and they look safer than the ones that are just new and have little pairs to play with.

[kimochidesh]

Good information provided in OP...These are key factors that should really be considered before start trading on an exchange. There are some worse examples happened in the past which had given some bitter experiences to the traders/investors. So it's better to be wise than to regret later.

[BitcoinTurk]

One of the big things that you're missing here is the security of the exchange and the support that comes with it. Those are two insanely important things that much be addressed when you're getting involved in an exchange. You're going to want to have great support, so if an issue does ever arise it could be fixed easily without you losing any money.

Plus, for security, I'm only going to use an exchange which uses 2FA, encryption, etc. It's my money we're talking about here, it MUST be safe.

Thank you for your comment.

The only thing you need to make sure is that they have the coins you like, and apart from that is just a question of keeping the expenses low and the benefits flowing in.

Thank you for your comment.

I like large exchanges like bittrex because they have a huge amount of coins and pairs and they look safer than the ones that are just new and have little pairs to play with.

Thank you for your comment.

Good information provided in OP...These are key factors that should really be considered before start trading on an exchange. There are some worse examples happened in the past which had given some bitter experiences to the traders/investors. So it's better to be wise than to regret later.

Thank you for your comment.