What would you change about crypto Exchanges?

[jigzaheedcoin]

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.

There's should be a limitations of sell activity in order to avoid sudden price dumps, because that the common reason why we experience fluctuating market. Some illegal money transactions was used by illegal activities such money trafficking, and worst drug money turned to digital currency. This money was sent to other parts of the word using crypto based transactions which the government cannot intercept. So proper regulation in every exchanges must be changed according to security measures to avoid those circumstances to occur.

[maxreish]

I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.

[bonker]

I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.

Regular traders don't want to pay their profits as trading fees because they are going to trade on exchanges too often.Good support team also another thing expected from an exchange to be as good among the traders.We are still at the beginning of crypto age in future there will be lot more development will happen on each part of trading platforms until that keep trading happily.

[guoyu78]

I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.

My loyalty has always been with Binance and it will remain with Binance till crypto disappears, that is if it will ever disappear. Most of the features I ever desire in an exchange, such has great interface, friendly website, high trade volume, good security system, and the best of it all, low transaction and trade fees.

These features above are the main reasons that is still making Binance one of the best exchanges we ever have in the market today and until another exchange is able to beat these features, I don’t think that I am ready to look into or consult another exchange’s services.

[Lanatsa]

I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.

My loyalty has always been with Binance and it will remain with Binance till crypto disappears, that is if it will ever disappear. Most of the features I ever desire in an exchange, such has great interface, friendly website, high trade volume, good security system, and the best of it all, low transaction and trade fees.

These features above are the main reasons that is still making Binance one of the best exchanges we ever have in the market today and until another exchange is able to beat these features, I don’t think that I am ready to look into or consult another exchange’s services.

No doubt on that matter thats why we are seeing theme on of the top spots here on the current market.They do provide out the best service on where a certain trader could have.

They wont able to be removed on the competition if no other exchange would par out their current performance.For other features same as yours I cant ask anymore yet Binance do provide it all
but the thing i do worry is that this exchange would go into the same path where Bittrex and POloniex do go.

[deisik]

either heavily regulated (so that they are more trusted) centralized exchanges.
or easily used with a lot more user friendly options decentralized exchanges so we eliminate the middle man and the trust issues all at once.

so far we have half of each of these! centralized exchanges that are somewhat regulated but not trusted yet and decentralized exchanges which are not easy to use and don't have the same options

It is not just about the lack of convenience and ease of use

The decentralized exchanges that I have heard of (for example, the ones based on the BitShares token) are not as decentralized as they pretend to be. A truly decentralized exchange should be implemented on the blockchain level and in the personal wallet so that you don't have to use centralized services to execute trades (this is possible with technologies like Lightning Network). Still we are far from that and things are unlikely to change in the future as such exchanges won't bring profits to their creators and developers (as otherwise they won't be decentralized)

[rizkyhiw]

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.

But that has happened and may take a long time to anticipate market manipulation because this is a free market and decentralization, the government will find it difficult to uncover all of this, sometimes large and small trade is no different only large trade can affect prices but still in trade , hopefully in the future we can find something that is good for all of us, the cost is also a problem for me where various exchanges are very different from the rates they provide for shipping costs and there are greater in taking advantage of where I don't like a little what I send is only half available.

[SlimShadyMmp]

There are many exchanges around if you dont like one change to another and am sure Forkdeltha and etherdelta is known to many as the go-to for traders in the token market Generally ones one is good it has many users therefore more trade if its lobbying another one is there to take its job

[BlackPanda]

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.

But that has happened and may take a long time to anticipate market manipulation because this is a free market and decentralization, the government will find it difficult to uncover all of this, sometimes large and small trade is no different only large trade can affect prices but still in trade , hopefully in the future we can find something that is good for all of us, the cost is also a problem for me where various exchanges are very different from the rates they provide for shipping costs and there are greater in taking advantage of where I don't like a little what I send is only half available.

Each exchange has its own character, if you see transaction costs, you can say the price range is not too far away. it's just that an exchange that can provide a good reputation must have transaction fees that are usually much higher. But remember security is a major issue that you should be able to prioritize.

While manipulation will always be there and even according to data that has a cash flow in exchanges it is not entirely honest. Lots of inaccurate data and it is usually used as public opinion.

[Polar91]

I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.

I haven't seen any of exchange that doesn't have its own chart so traders will be able to ascertain where could the market go. However if there are some and you have no choice but to use it, then you may just look to the orders or you can also view some charts to another exchange as most likely different exchange's altcoins prirce doesn't vary much.

[upsidedown75]

Each exchange has its own character, if you see transaction costs, you can say the price range is not too far away. it's just that an exchange that can provide a good reputation must have transaction fees that are usually much higher. But remember security is a major issue that you should be able to prioritize.

While manipulation will always be there and even according to data that has a cash flow in exchanges it is not entirely honest. Lots of inaccurate data and it is usually used as public opinion.

The good reputation they have should be the more reasons why their translation fees should be low. Some of the exchanges can actually charge low, it is just greed that is their number 1 friend. One of the thing many people look for in an exchange is reputation, and once an exchange has one, then definitely, such exchange will have quite large number of people trooping in, which make their volume higher, and the higher the volume, the higher their profit.

Some of these exchanges just fail to bring down fee because they are already used to that fee being collected by them.  So, what is very much important to me is Security and transactions fee which I feel BNB is already giving me.

[akram143]

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!

we need to do one thing about finding the scam we need to be make easily for everyone if it was been possible then take changes are very easily trustable and there is no doubt about what we are doing and the fear also was less while doing this every time

[marycrazy08]

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!

Security and no fees hahaha

[ecnalubma]

I have no problem with decentralised ones, but on some centralised there are a lot problems need to addressed. Some centralised exchanges are not government compliance, executing fake volumes, poor technical support and most them turn into exit scams.

[bonker]

I have no problem with decentralised ones, but on some centralised there are a lot problems need to addressed. Some centralised exchanges are not government compliance, executing fake volumes, poor technical support and most them turn into exit scams.

Exchanges with fake volumes can be identified easily so all you have to do is just go and see trade orders if there is something wrong then it is fake.For now Binance looks good and having real trading volume so no problem if you trade on it.

[shesheboy]

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!

Security and no fees hahaha

Security ?  I think all good exchange do also come with good security but its not enough because no matter how good the security they have , there is also a chance that a hacker can bypass it and steal all the funds that the exchange have  .  and when it comes to fees , i dont think that there will be exchange that will have no fees because they will loose since we all know that everything in crypto needs a fee to be able to process a transaction  . the fee wont go to the owner of the exchange but it will go the miner  .

[coinplus]

Their horrible design. I know there are many more important stuff out there but I feel like the most eye catching thing is the design, there are many exchanges at the top spots that have horrible designs and I can't believe these multi-million dollar earning companies can't hire a designer that can make these websites look much better.

I have seen smaller companies even unfunded ICO's that have better designs than Binance and Bitmex have for example, they hired people that probably got paid couple thousand dollars at most and they made better designs than the companies who can spend over a million dollars on design. I don't know why and I know it doesn't really worth consideration for them since they are all bad but I feel like even a small exchange with great design could challenge them just because of the great design.

[JNvak]

I kinda despise when platforms promise their users a lot of freedom and then they offer a regular offer just like everyone else.

The only exception that I know about is CoinDeal, since it gives its users a chance to vote for the next crypto to adapt (https://coindeal.com/vote).

[iam_aayushiJ]

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!

Too much terms about verification process is the one that really annoys me. I understand that they are complying with the government terms but sometimes it's way too much e.g you submit documents but still failed although the output is clear and easy to view.

And another one of course, like anyone's concern, the way they handle their support. From better at first to worst and worst and worst.

For now, that's my concern.

In cryptocurrency exchanges I do not like it that most of the coins are dominated and manipulated by wealthy investors, which makes the market non-transparent and makes many new investors. do not want to participate in this market.

Well that's a common thing so no choice but to deal with that.


There are many points over which you seem to be concerned -

1.KYC issue
2.Support

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[playboy654]

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 expect the changes are again need to be very easy to giving the trust about the exchanging times because still low people are little confused about how to exchange properly so it need to be more easy interface and it will helpful for them to give the extra trust about the exchange.