asriloni
Legendary
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Activity: 3206
Merit: 1033
Leading Crypto Sports Betting & Casino Platform
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August 29, 2018, 03:37:46 PM |
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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
Bittrex has included on the list of worst exchange in this year, Look at the daily trade volume of bittrex and how it goes even lower than before. So many people have problems with it and that make all of them are migrating to the binance and okex. Reputation is a good thing but the main thing is about how they can manage their customer to provide the best service.
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Todoroki
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August 29, 2018, 03:46:47 PM |
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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
Bittrex has included on the list of worst exchange in this year, Look at the daily trade volume of bittrex and how it goes even lower than before. So many people have problems with it and that make all of them are migrating to the binance and okex. Reputation is a good thing but the main thing is about how they can manage their customer to provide the best service. 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.
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MadaraAvenger
Member
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Activity: 120
Merit: 10
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August 29, 2018, 03:54:22 PM |
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It's security first of all? We all know how some exchanges got hacked and most of the accounts lost everything so I would say that security it's the most important feature of an exchange right now and on the 2nd post it's volume because without it, coins cannot survive.
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tamango
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August 29, 2018, 04:15:20 PM |
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The most important factor for me is the presence of many altcoins so that I can trade between them without making lots of deposits/withrawals. Security is also very important evern if there's no totally safe exchange nowadays...
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I Like Bitcoin
Copper Member
Member
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Activity: 448
Merit: 14
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August 29, 2018, 04:16:19 PM |
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The main thing that the crypto exchange was reliable. And the services of this exchange enjoyed a lot of people. Since here it will be possible to sell different types of coins faster.
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aji567
Member
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Activity: 728
Merit: 10
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August 29, 2018, 04:18:48 PM |
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It's security first of all? We all know how some exchanges got hacked and most of the accounts lost everything so I would say that security it's the most important feature of an exchange right now and on the 2nd post it's volume because without it, coins cannot survive.
Of course security is very important, I have experienced it and it's very sad. I hope that I will not repeat the hacking before. Volume is also considered because it affects the price of the coin.
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makerst
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August 29, 2018, 04:19:22 PM |
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Strange question, the very first is the price, but also this exchange should be little known, because it is very important to understand that today the stock exchange exists and tomorrow it simply does not exist, nothing prevents just to take and disappear the exchange, on which you have some money.
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Q2kc
Member
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Activity: 560
Merit: 15
$100k per 1 BTC in Year 2020
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August 29, 2018, 04:29:59 PM |
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What Attracts me are the Exchange coins, for example, are BNB, Kucoin Shares, and all Exchange coins in the market right now they have different Ideas but all of them are very good and if you go and take a look at these coins they are performing well in the market and good for long-term hold, Security is also important withdrawal fees and UX/UI.
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FinanceX (OP)
Copper Member
Newbie
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Activity: 280
Merit: 0
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August 30, 2018, 02:39:11 AM |
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What Attracts me are the Exchange coins, for example, are BNB, Kucoin Shares, and all Exchange coins in the market right now they have different Ideas but all of them are very good and if you go and take a look at these coins they are performing well in the market and good for long-term hold, Security is also important withdrawal fees and UX/UI.
There are major advantages holding exchange based coins like BNB. Their value is more resistant to bearish markets and as long as their product (exchange) remains successful with no security breaches these coins are like gold.
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biznes35
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August 30, 2018, 06:29:37 AM |
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If it has a convenient functionality for technical analysis, then this exchange will take place in my heart. Also, if there are good volumes, it will not be possible to pass by.
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Bunk67
Jr. Member
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Activity: 266
Merit: 1
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August 30, 2018, 06:36:09 AM |
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What attract me most is seeing the coin with good volume , potential to grow ... sometime exchange security matter to me
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● ● ● CryptoMarketAds ● ● ● ► Democratize Crypto Advertising & Marketing ◄
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Ruby_Official
Copper Member
Newbie
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Activity: 126
Merit: 0
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August 30, 2018, 06:50:35 AM |
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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?
If their feedback is fast and accurate, at least i can participate in easy bounty campaign and airdrop. If they have future plans, i can put my effort on bounty campaign. If they are trying to best to achieve future plans, i can invest. that best is up to coins. Check Ruby-X and have a look our future plans. I'm so looking forward to creating good exchange with users and investors. Thanks
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FinanceX (OP)
Copper Member
Newbie
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Activity: 280
Merit: 0
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August 30, 2018, 06:51:00 AM |
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What attract me most is seeing the coin with good volume , potential to grow ... sometime exchange security matter to me
In order to grow, an exchange needs a strong team of fintech experts as the trading plstform can keep developing and become faster to meet the demand
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Psynthax
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August 30, 2018, 06:53:53 AM |
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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
Bittrex has included on the list of worst exchange in this year, Look at the daily trade volume of bittrex and how it goes even lower than before. So many people have problems with it and that make all of them are migrating to the binance and okex. Reputation is a good thing but the main thing is about how they can manage their customer to provide the best service. the ol' days when bittrex is leading the way with poloniex, now they are giving bad services indeed, too much problem unresolved if i recall correctly and now their volume can't even compete with newcomers exchange, they have been foreshadowed by binance that's currently on the top i too sure that it's kinda hard to get the customer again after there's binance and okex as a promising alternative.
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Sarcasm
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August 30, 2018, 07:10:03 AM |
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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
Bittrex has included on the list of worst exchange in this year, Look at the daily trade volume of bittrex and how it goes even lower than before. So many people have problems with it and that make all of them are migrating to the binance and okex. Reputation is a good thing but the main thing is about how they can manage their customer to provide the best service. the ol' days when bittrex is leading the way with poloniex, now they are giving bad services indeed, too much problem unresolved if i recall correctly and now their volume can't even compete with newcomers exchange, they have been foreshadowed by binance that's currently on the top i too sure that it's kinda hard to get the customer again after there's binance and okex as a promising alternative. I 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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Dondont
Member
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Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
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August 30, 2018, 07:28:37 AM |
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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 personally, the most that really attract me to cryptocurrency exchange is the security, and after that, the trading volume, Between those aspects can be switched. If low volume but greater security i will skip it, i prefer to choose one with a good volume even with a lower security level. And also, KYC, it will be more good if KYC is only for them who always trading with a big amount like 1 BTC or more
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FinanceX (OP)
Copper Member
Newbie
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Activity: 280
Merit: 0
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August 30, 2018, 07:35:43 AM |
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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
Bittrex has included on the list of worst exchange in this year, Look at the daily trade volume of bittrex and how it goes even lower than before. So many people have problems with it and that make all of them are migrating to the binance and okex. Reputation is a good thing but the main thing is about how they can manage their customer to provide the best service. the ol' days when bittrex is leading the way with poloniex, now they are giving bad services indeed, too much problem unresolved if i recall correctly and now their volume can't even compete with newcomers exchange, they have been foreshadowed by binance that's currently on the top i too sure that it's kinda hard to get the customer again after there's binance and okex as a promising alternative. I 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. Users generally finding a real-time automatic trading platform a more exciting and interesting experience in comparison with the OTC model.
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FinanceX (OP)
Copper Member
Newbie
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Activity: 280
Merit: 0
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August 30, 2018, 09:05:02 AM |
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The most common themes are: security, liquidity, low fees, simple and friendly user interface, fiat-to-coin trading pairs, reputation and quick cash-out.
Let's make an order ranking:
1) Security 2) Liquidity 3) Reputation 4) Fiat-to-coin trading pairs 5) Quick cash-out 6) Reputation 7) Simple and friendly user interface 8. Low fees
Although it's very difficult to separate no. 2 to no. 8. It's all important.
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lagharto
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August 30, 2018, 09:11:38 AM |
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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?
as for me it is a high level of account security, quality and fast user support, nice and convenient UI and of course and most important is a high volumes of trades and enough amount of fresh and popular alts. And it must be an exchange with a real office and real workers to prevent any issues like with KuCoin now.
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JaoBadjap
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August 30, 2018, 09:13:30 AM |
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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 would say the user friendly interface. theres a lot of crypto exchange that really give me hemorrhoids. im not that techy when it comes to understanding how an exchange works. but with some certain exchanges that is easy to understand and easy to use. i would go for it. and secondly, if where is the bounty reward is listed i would go there though
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