What would you change about crypto Exchanges?

[robertsu]

In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.

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[romarry]

As far as I have experienced, what I don't like about crypto exchanges is that trading costs are still relatively high, and then unethical response times from exchange support teams on issues such as account suspension, 2FA issues.

Therefore, in my opinion, a better exchange is an exchange that provides cheap trading costs, and can also give a quick response from the exchange support team to any issues.

[Chachacoin17]

In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.

All I just hope with the exchanges will have optimal trading fees and fast network exchange processing. Hopefully there will be much more secured storage and access authentication based confirmations upon log in. All I just want is the fair and honest trading with different exchange sites, so we'll be able to  have more traders to find confident trading and develop more trust in cryptocurrency.

[metribitcoin]

Between all crypto exchange, i have seen only Binance that has very low spread but others exchanges have higher because they have lower trading volume. When that others exchanges has bigger spread is better to offer lower trading fee so trader get more liquidity. And i have seen so many exchange does not have stop limit order feature , and this is make trading activity will be more risk.

[wayancrypto]

I found many exchange has big spread between bid and ask price, so to increase the trading volume they should be have promotion program to attrack new trader so the trading volume will be increasing. Not enough with only referral program but exchanges should be have much better promotion program, like make promotion by use google ads and others media,and also make offline promotion program by make education about crypto trading and blockchain technology.

[pinoyden]

In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.

All I just hope with the exchanges will have optimal trading fees and fast network exchange processing. Hopefully there will be much more secured storage and access authentication based confirmations upon log in. All I just want is the fair and honest trading with different exchange sites, so we'll be able to  have more traders to find confident trading and develop more trust in cryptocurrency.

Your suggestions above are already implemented on some good online exchanges out there but lets accept the fact that there were still few exchange who doesnt have these features . the sad part is that we often find our coins listed on a bad exchange rather than the good ones because listing a coin isnt actually easy but it requires alot of many strict requirements .

Overall , lets just hope for the best . i know that bad exchange can always change and turn into a good one if all users will unite above giving a feedback on their services .

[panganib999]

In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.

All I just hope with the exchanges will have optimal trading fees and fast network exchange processing. Hopefully there will be much more secured storage and access authentication based confirmations upon log in. All I just want is the fair and honest trading with different exchange sites, so we'll be able to  have more traders to find confident trading and develop more trust in cryptocurrency.

All trader want a proportional trading fee, fast and reliable transaction process. THIS IS ALL WE NEED RIGHT NOW. Also the particular exchange support team should be attentive and responsive at all times, imagine an simple issue being address to them and would response in a day. To sum up, Traders just need a smooth flow of every transactions with aware technical and customer support if any problems are encountered.

[Zadicar]

In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.

All I just hope with the exchanges will have optimal trading fees and fast network exchange processing. Hopefully there will be much more secured storage and access authentication based confirmations upon log in. All I just want is the fair and honest trading with different exchange sites, so we'll be able to  have more traders to find confident trading and develop more trust in cryptocurrency.

All trader want a proportional trading fee, fast and reliable transaction process. THIS IS ALL WE NEED RIGHT NOW. Also the particular exchange support team should be attentive and responsive at all times, imagine an simple issue being address to them and would response in a day. To sum up, Traders just need a smooth flow of every transactions with aware technical and customer support if any problems are encountered.

Flawless transactions plus very Active support then these two things would really be always much preferred by most traders and Security is just already a normal stuff to be on a good exchange.We do all matter with our funds security.I don't prefer too much on having strict compliance of KYC just like on what we are seeing on Binance. If an exchange can retain such service then theres no doubt that they would really
go for long term yet they would really be on demand.

[avarnet]

What I do not like about some exchange is the manipulation of prices and trading activities in it. But of course, exchanges are important when it comes to cryptocurrencies, some really need to improve the processing time and the transaction fees must be lesser.

It is true that with large exchange and transaction costs, investors are less interested in investing in crypto currencies, in my opinion, with the conditions and situations like today, we must be clever in utilizing every opportunity we get in making a profit.

[Huskarls]

Hi everyone!

What do you not like about crypto exchanges? What do you think exchanges could do better?

Curious as to what you guys think!

the change I want is, when we use the exchange wallet, the Private Key of our wallet in the exchange is only us who knows. because until now we know that when we create a new address, the private key is owned by the exchange and we don't know the private key at all

this way, hopefully this later can make exchange security better

[Arthurian60]

Its not advisable to leave your precious coins on an exchanges for a longtime. There are times we want to buy certain coins and hold for long time but holding them in an exchange is not the wise option here. Take them out.

[sidkz]

I would have left 10 exchanges at all, the rest would be closed, most exchanges do not have any volume at all, and they trade in unknown tokens, let them be fewer, and those who work stably will remain and show a good result.

[bitbunnny]

To my opinion two biggest concerns that I have related to exchanges are security and customer support. I think these are to weakneses of all exchanges that are not paying enough attention. The way they run their business, fees and trading volume are more or less the same for all biggest exchanges but they still don't valu enough their clients, so us traders and don't give them the level of service that would be complete.

[Oilacris]

I would have left 10 exchanges at all, the rest would be closed, most exchanges do not have any volume at all, and they trade in unknown tokens, let them be fewer, and those who work stably will remain and show a good result.

Why bumping a thread which its 3 months old  being inactive.?

On topic,i do much prefer on that way on having 10 or lesser number of exchangers do exist for tho volume of coins wont
really be separated nor divided.We would able to see exchangers have more volume yet most coins aren't scattered or being
traded by hundreds of exchangers do exist as of this moment.

[rose9696]

Hi everyone!

What do you not like about crypto exchanges? What do you think exchanges could do better?

Curious as to what you guys think!

I really don't like the time and transaction fees of BTC. I quite like BTC and hold a lot of money in BTC. But each time dealing with people, it is very time consuming and the fee is quite high. I hope BTC can upgrade the trading system so everything goes smoothly.

[Annalise24]

Exchanges should do something about the high transaction fees .
Some of the  exchange support staff are not experienced in customer relationship services ,so exchanges should hire support staff that are qualified to represent them well.
The delay in withdrawal should also be looked into.

[Sithara007]

Hi everyone!

What do you not like about crypto exchanges? What do you think exchanges could do better?

Curious as to what you guys think!

First of all, they need to stop asking for the KYC from all the users. If I am a small time crypto user trying to sell my $10 worth of altcoin, then I have to go through this irritating KYC process. Do you think that is fair? KYC should be made mandatory only for the high volume traders. And secondly, they need to lower the withdrawal fee. Most of the exchanges are charging a fee of BTC0.001 to withdraw the coins, which I think is very unfair to the small traders.

[KlepZ]

Crypto exchanges may have different options and functions. Some of them are made for traders, while others are made for prompt crypto fiat exchange. Crypto exchanges that are designed for regular traders allow you to buy crypto and sell them with lower commission fees than on crypto to fiat exchanges. Also, trading platforms charge fees for withdrawing money from the account.

[co5hike]

Hi everyone!

What do you not like about crypto exchanges? What do you think exchanges could do better?

Curious as to what you guys think!

I would remove all the people behind the projects.They have powerful words that can affect prices.

[semobo]

Their withdrawal fees are looks more expensive when compared to the transaction fee and some exchange even habe high transaction fee as well which really make traders to be hated about it,so just choosing the fee based on how much we are transacting will be better.