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Author Topic: What attracts you to a good crypto exchange?  (Read 36556 times)
alexhitch20
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September 11, 2018, 02:16:57 PM
 #201

Mostly high liquidity and fast withdrawals. Binance seems by far the best to me. Good support team is important too.
Hanebel
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September 11, 2018, 02:21:48 PM
 #202

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 am fond with the concept of using a native coin on that particular exchange to have lesser fees, as what binance is offering. Now, I just recently attracted to binex trade which offers 70% of its daily revenues to its token holder. That's unusual but great for me. But, who would not want an exchange with less (or no) deposit and withdrawal fees?
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September 11, 2018, 04:13:33 PM
 #203

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.
FinanceX (OP)
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September 12, 2018, 02:00:02 AM
 #204

Quick cashout needs to be an option. We want this market to be superior to banking!

Huruharacorp
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September 12, 2018, 02:17:09 AM
 #205

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.
what do you mean by environmentally safe features in crypto ?
because in my opinion crypto is a market that can change at any time, and it's far from being safe and stable, for that we can only wait for the right moment
SistaFista
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September 12, 2018, 03:18:41 AM
 #206

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?

Yes, the high liquidity exchange is very convenient to use. You can trading there without afraid your coin won't be able to sell in a good price.
Another thing to consider a good exchange is, how fast their process our withdrawals. If they slow, more peoples won't use them again.

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FinanceX (OP)
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September 12, 2018, 07:58:15 AM
 #207

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.
what do you mean by environmentally safe features in crypto ?
because in my opinion crypto is a market that can change at any time, and it's far from being safe and stable, for that we can only wait for the right moment
You know the environment, where there's trees and animals  Wink Grin

chengyinoing
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September 12, 2018, 08:02:49 AM
 #208

A good cryptocurrency exchange must have a good and enthusiastic support team, low fees and quick transactions. Cryptographic exchange security is very important. When I keep my assets on the exchange, I have to make sure that my assets are not stolen.
Pffrt
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September 12, 2018, 08:02:56 AM
 #209

The most important factor is "Support". Moreover, I focus on the fee too. The less fee it is, the most priority I give to it. Again, I look after their community and find out how active they are.
wivecrypto
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September 12, 2018, 11:55:06 AM
 #210

I myself like it and everyone will like to visit the exchange place. For me a good cryptocurrency exchange must have a good and enthusiastic support team, low fees and fast transactions, fast deposits and withdrawals. That will attract Crypto users to use the exchange place.
Osarman
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September 12, 2018, 12:55:05 PM
 #211

First of all, I'm attracted to the age of the exchange. If the exchange has been working for a long time without special problems and hacks, then it can be trusted.
Age is just a number, even though it sure helps depict some form of good reputation over time with a lot of reviews to make out from the users who have made use of them in the past, compared to newer exchanges.What is important however is to make sure that it is an exchange not built on lies, and you have a firm security with a great team behind it doing great work to keep making things move better.

Trust and loyalty go hand in hand, so it is one thing to look out for among users before choosing exchange. What attracts me though for now, is security first and fees second.
FinanceX (OP)
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September 13, 2018, 01:54:37 AM
 #212

The reviews are always so heavily weighted on the negative experiences of people. If you can see people are experiencing the same problem time after time for a long period of time that is a better gauge of the exchange's credentials

MrGGates
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September 13, 2018, 01:57:23 AM
 #213

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?
My interesting factor is to use crypto as a medium of exchange, because it is faster, simpler and more efficient by only carrying a smartphone, I can buy something with just one click transaction.
jepoyr1
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September 13, 2018, 02:23:33 AM
 #214

The best crypto exchange that can attract traders has a lot of coins, high volume (24hr), fast deposit and withdraw (no delay) safe and secured exchange and  low transaction fees.
FinanceX (OP)
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September 13, 2018, 02:27:49 AM
 #215

Mobile Apps are so important as mobiles act as most people's computers these days. They make the trading process much easier and convenient

Cactushrt
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September 13, 2018, 02:41:23 AM
 #216

As long as i can trade there easily and the liquidity is the most important basis for me to a good crypto exchange also there are no scam accusations

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DevelopmentBank
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September 13, 2018, 02:44:54 AM
 #217

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?

There are lots of reasons to pick a good exchange but to me, these are the top factors

  • Volume - higher volume, more chances to trade
  • User-friendly - a clean and simple user interface is best
  • Responsive - a fast loading website is essential when trading
  • Secure - has 2FA capability
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September 13, 2018, 03:01:09 AM
 #218

When given a choice I will always prefer to use a decentralised exchange over a centralised one. They are safer as you are less likely to lose your coins to a hack. I have seen centralised exchanges suffer losses from failing to manage margin properly and then help themselves to peoples coins to make up the loss. If your coins are on a centralised exchange you no longer have control and are at the mercy of the exchange owner. Very often you will hold coins on a centralised exchange and the owner will lend your coins to people shorting.

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September 13, 2018, 03:13:22 AM
 #219

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.
in a good crypto market, of course, it starts with a good market team and developer, and a strict security system also does not lose the trust of its members, because that is an important value of a market
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September 13, 2018, 03:14:57 AM
 #220

With good Cryptocurrency transactions, what attracts me to it is that these transactions are usually quick and I can get the cryptos number on my wallet in just a few hours. These trades certainly cannot be cheated because the trader has a lot of prestige in the community.
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