What is your biggest frustration with the altcoin currency exchanges?

[BrewCrewFan]

Random coin deposits and withdraws taking a shit at random times.
I hate when not less than a day ago a coin has no problems.... then the next its a clusterfuck and it never shows up for 24+ hours.

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[usahero]

I have frustrations with mtgox and coins-e. Both owe me coins.

Lost coins is definitely frustrating!    Did you try either of their customer support?  And if so how was that experience?

Coins-e responded that "they need more time". After 1.5 months they no longer responded my requests.


Mtgox is not responding at all.

[hellscabane]

Thanks Gazza1, hellscabane and Disastrus.  The trade lag/speed issue seems to come up often.

I do wish that some exchanges that trade many cryptocurrencies only allow the trade of coins that maintain enough activity.

Why is that?  Is it because there are too many coins displayed in the interface and you want to filter just the active ones (remote the clutter)?  Or because the buy/sell orders don't execute when there isn't enough activity?  Or something else entirely?

Mainly issues with perceptions and there is a higher likelihood of easy manipulation for coins without much activity. I don't think there should be a daily minimum, but maybe if a coin's bi-weekly moving average dips below a certain point, consideration to phase it out should be made.

[keithers]

biggest frustration is the lack of choices of major exchanges offering alt coins...  You have to do a ton of homework to see if you can even trust sending your coins there to trade..

[SteveR]

Mainly issues with perceptions and there is a higher likelihood of easy manipulation for coins without much activity. I don't think there should be a daily minimum, but maybe if a coin's bi-weekly moving average dips below a certain point, consideration to phase it out should be made.

Thanks for the explanation and suggestion.  That's a good idea.

[elixir]

when a new coin comes to the exchange and it takes hours to deposit and by the time it does the price has gone down so it was all for nothing, then you have to go out and find someone weaker than you to punch. 

[SteveR]

Thanks for all the comments about what frustrates you!

Based on the comments here are the top three frustrations:

1.  Speed is the biggest frustration overall.  Slow trades, slow deposits, slow withdrawals, slow websites, or sites down completely. The current exchanges don't seem to scale well.

2.  Slow to add the newest coins, and not enough coins in general.  Lack of a clear process to get a coin added.

3.  Customer service also came up a lot.

Based on these top three frustrations I've decided to start building a new exchange.  One that will be fast and have the latest coins.

I've written up a description for the new exchange, that I'm calling RapidCX (Rapid Coin eXchange).  I'd really appreciate you feedback.  Here is the description.

If this exchange existed today would you switch?  Are there any frustrations that I missed?

[arbitrage001]

Biggest frustration is missing deposit and non-existence support.