What are the disadvantages of cryptocurrency exchanges?

[Streamity]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

[Lex_tor]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

the creation of the P2P-platform will allow to avoid such drawbacks, as the transaction value will be calculated in real time with reference to the average price of transactions concluded on the leading crypto-exchanges. Platform participants will be able to verify that the transaction was concluded at market prices. And the use of smart contracts will ensure guaranteed execution of transactions.

[kolfedinew]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

P2P platform will solve the majority of problems. You won't have these issues with losing the money because it's safer. You know that you will get your money/crypto, and if not you won't lose anything.

[trespiclof]

There is a service Changelly, but there is a high commission. I change on localbitcoin or streamdesk when it’s not a big amount

[mountain_hacker]

There is a service Changelly, but there is a high commission. I change on localbitcoin or streamdesk when it’s not a big amount

  Also heard about them. The service is fine, but now there are not enough options for exchange. They just started, but it’s quite interesting

[Crypto_Bro]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

[trespiclof]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

[Princess04ka]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

I use stock exchanges, no problems. what's the service, what are we talkin about?

[mountain_hacker]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

I use stock exchanges, no problems. what's the service, what are we talkin about?

look it up https://beta.streamdesk.io/ - the smart contract is integrated with the payment system and the transfers are safe directly between people.

[Crypto_Bro]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

I use stock exchanges, no problems. what's the service, what are we talkin about?

look it up https://beta.streamdesk.io/ - the smart contract is integrated with the payment system and the transfers are safe directly between people.

like localbitcoin?

[mountain_hacker]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

I use stock exchanges, no problems. what's the service, what are we talkin about?

look it up https://beta.streamdesk.io/ - the smart contract is integrated with the payment system and the transfers are safe directly between people.

like localbitcoin?

better - At localbitoin there is no rating system, so it’s impossible to deceive it. And it is much easier to use. but there is no rating system, so it’s impossible to deceive it. And it is much easier to use.

[Crypto_Bro]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

what's the problem to buy on exchanges?

At the stock exchange you’ll pay commission for fiat and another sphere long process

I use stock exchanges, no problems. what's the service, what are we talkin about?

look it up https://beta.streamdesk.io/ - the smart contract is integrated with the payment system and the transfers are safe directly between people.

like localbitcoin?

better - At localbitoin there is no rating system, so it’s impossible to deceive it. And it is much easier to use. but there is no rating system, so it’s impossible to deceive it. And it is much easier to use.

great! i'll look it up

[jvdp]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

There is no any disadvantages on crypto currency platform when it is trading or other investment option. You should be careful while using the exchange sign in. I see the people are really believe the hacking attack is happening on exchanges only.
This is big myth, if you login via any phishing site with searching on Google result.
These link will take you to loose the money you have in your wallet mate. If you are careful in that there is no any problem with the trading platform.

[kolfedinew]

https://www.youtube.com/watch?v=rmU1DMGNxus
Look what I found btckyle

[btcdevil]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

There is no any disadvantages on crypto currency platform when it is trading or other investment option. You should be careful while using the exchange sign in. I see the people are really believe the hacking attack is happening on exchanges only.
This is big myth, if you login via any phishing site with searching on Google result.
These link will take you to loose the money you have in your wallet mate. If you are careful in that there is no any problem with the trading platform.

What you are telling is true but that is the mistake of the user but when a exchange is hacked then it is not the mistake of user but it is the mistake of the exchange developers. So you cannot blame whole to the users. But it is also recommended that dont leave your coins in exchange and if you are not a regular trader then it is better that you withdraw the coins when you are not using the exchange for safe side. Apart from that some exchanges are manipulating the users coin and when they are in deep trouble they stat it as exchange got hack and clear their problems.

[keanne_isaac]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

for me rate charge is not a big deal as many crypto exchange are evolving in the crypto market the charges varies and one with the cheapest will gain more followers and everyone are free to choose which they think more convenient and secure exchange but the main challenge for crypto exchange for me is it is prone from hacker though the security is high their is still a slim chance that hacker may infiltrate their program and stole millions worth of coins as what we read in many crypto news. i wish government with regulate exchanges and they should set aside bonds for insurance of investors coins once their exchange is getting hacked.

[liuqi]

All the platform some cons are possible so we should not consider the disadvantages of crypto exchanges. I think all the peoples are choose the best exchanges so lack of investors only know the disadvantages of cryptocurrency exchanges. My self price variation is the major disadvantages of all the exchanges.

[queenstella]

Decentralized exchanges can be used to avoid regulation, Many choose to keep their founders identities anonymous. A project having anonymous management can trigger some alarm bells and could be evidence of a cryptocurrency scam. Users should be sceptical at all times in the aspect of their finances

Also lack of of regulation, as there will be very little support from outside parties if decentralized exchange goes down.

[taiwww]

Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

I am not sure whats bothering you but exchangers are just the way they are! I mean the fees, commission and stuff will always be there when you re having something free. I mean that is what they have as income source and on which they keep working. Currency rates are versatile because of the volatility of market and trading volume over each marketplace. But I dont think there is anymore difference from 1-2% on any two exchangers. I guess that is also a lot one.

[ajochems]

Bitcoin will be the best platform for trading.Some people lose their money by the hacking .The best option to avoid trading is secure your wallet with any security setup. Two factor authentication will be the best security set up.It will sync with your mobile phone.No one will access your account without the help of your mobile.In Localbitcoin wallet, you will get Two factor authentication in additional.