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Author Topic: What attracts you to a good crypto exchange?  (Read 36556 times)
Zhen Zhibing
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August 28, 2018, 10:00:46 AM
 #41

It must have high lever cyber security, store user's money offline. It must have fiat trading pair and fiat withdraw option, this is what other exchanges don't have now.
FinanceX (OP)
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August 28, 2018, 10:04:46 AM
 #42

Are there many traders out there that don't have access to coins with their fiat

aalborg
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August 28, 2018, 10:09:05 AM
 #43

I am in fond of decentralised exchanges, but their service isn't that good. I don't like when you can make a faulse on forkdelta and sell your tokens for low price or buy something 10 times more.
As for centralized exchages I don't like high withdrawal fees and long confirmation time
sinkfish
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August 28, 2018, 10:36:44 AM
 #44

For me a good cryptocurrency exchange must has good and enthusiastic support team, low fee and fast transaction, fast deposit and withdraw. It also must have automated withdraw, only use manual withdraw for big amount.

yup, this is few best feature  we desperately need right now.
FinanceX (OP)
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August 28, 2018, 11:09:53 AM
 #45

Is there anyone out there that is against the idea of introducing more fiats?

mika1977
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August 28, 2018, 12:58:59 PM
 #46

The most important thing is the volume and reliability. No quality will stand above these in the exchange. Convenience plays no role if there are no volumes and you can't trust this platform.
coinbirds
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August 28, 2018, 04:40:59 PM
 #47

Smooth user interface, high trading volume, low trading fees, multiple language support beside English and coin offering is important for me as well.
Security is also one of the factors  I take into consideration when deciding on exchanges.
iamreal
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August 28, 2018, 05:17:19 PM
 #48

Apart from the volume, other things that attracts me to other exchanges include the withdrawal fees, I will make sure that they have a low withdrawal fees and also the security, I will make sure that they implemented enough security challenge and kucoin is one of such exchanges
CryptoRama
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August 28, 2018, 05:25:31 PM
 #49

Mostly attracts me what I use, for instant I like mostly cryptocurrencyes I use, or I think they're useable at least to some good point, when they high i sell, when low i buy, usually. Also if i see any value for arbitraging, I try to do it, but most of the time it doesn't work, because usually exchanges give priority to others to at least some point

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dgoswami12
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August 28, 2018, 05:35:12 PM
 #50

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?
For me the best exchange is a combination of High volume , High security ( less prone to attacks ) , a good looking UI , minimum withdrawl fees and Quick support reply and good support behaviour. There are some exchanges who have a huge deposit fee also , i would recommend everyone to not use such exchanges , no exchanges should have deposit fee and minimum Deposit amounts fixed.

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August 28, 2018, 05:42:11 PM
 #51

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

no listing of shitcoins makes an exchange more attractive to the trader like binance does not list the useless projects so it is the biggest exchange right now
moreover trading and withdrwal fee also effect the traders so chose the exchange with low fee

jatin729
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August 28, 2018, 05:47:26 PM
 #52

The exchange which is having high volume attract me because if there is high volume of coins it means liquidity is more buyer and seller more.

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August 28, 2018, 10:18:23 PM
 #53

what attracts me to good exchange is the volume on an exchange and also an exchange that has a good user friendly interface and good security on the exchange to protect the user accounts.
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August 28, 2018, 10:23:20 PM
 #54

For me the number one thing is no bots. I know a lot of exchanges like to tout their automation features as some kind of great feature, but nobody likes being sniped out by a bot, it's just irritating to the non-specialists. I can understand if the majority of the volume will be handled by bots, then it's fair game, but letting them both operate on the same platform is just stupid. Right now I stick with Binance due to the low fees, good customer support and high quality pair availability.
ambcoin
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August 28, 2018, 10:31:02 PM
 #55


1. User Friendly
2. Well known and Established
3. Low Fee
3. Minimum withdrawal should be realistic
4. Good security
5.  Quick transactions (Deposit / Withdrawal)

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Radzivill
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August 28, 2018, 10:38:12 PM
 #56

I think that smart contracts are something that can significantly change our understanding of the exchange of currencies and more. Especially it will be noticeable in the field of medicine and charity, I believe!
Primal6666
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August 28, 2018, 10:51:39 PM
 #57

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

I pay attention to the popularity, design, level of protection, convenience of trade, the presence of properly working indicators, a well-working bot, for example, on a Bitforex, bot is such as it should not be. In addition, the reaction rate of prices for changes at the global level, the commission, well-working support.

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GymClassHeroes
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August 28, 2018, 10:54:46 PM
 #58

I consider a lot of factors when choosing my preferred exchange, first is the reputation, cryptocompare.com does a great job at giving us a report of users experience, then I consider the volumes of trades and then the security measures in place. then the withdrawal fees for major coins
Pasnik
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August 28, 2018, 11:00:23 PM
 #59

The exchange attracts me to join is being liable, good security, and supports the users. Also being well known with good reputation which really users are at ease to join the exchange. Mostly these reasons are what people wanted to be involved and use daily.

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Indrawan77
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August 28, 2018, 11:03:51 PM
 #60

Fot me the most important thing in exchanges is the reputation, I saw a lot of exchanges being hacked, so now I only stick with the high reputation exchanges like bittrex and binance, good customer support also an important point, low transaction fees and a lot of good coin to trade
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