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Author Topic: What attracts you to a good crypto exchange?  (Read 36554 times)
electronicash
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October 01, 2018, 03:32:11 AM
 #321

On good exchanges I like: user-friendly interface, low commission and friendly support. From many exchanges I like Kucoin and HitBtc.

a good crypto exchange for me are the ones that don't do KYC, there are few that does that like cryptopia. i don't know if there are more but i think hitbtc is also one which i don't regularly use. but if the tokens of the exchange like binance are profitable for us, i think traders will consider so long as there are good volume in the exchange. FinanceX would have to do a lot of marketing as there are competitors in this market which some are recently created as well. decentralized exchanges are getting better and better these days too, exchange project like FinanceX are going to compete all these.









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October 01, 2018, 03:49:31 AM
 #322

but what other factors attract you to a crypto exchange?

another factor attract me to a crypto exchange is :
1. security
because a safe exchange makes us more comfortable to use it.
2. convenience
ease in making an account and deposit / withdraw in the exchange.
3. cheap fees
the fee offered by the exchange is cheap, because if the fee from the exchange is expensive then we will be more difficult to get profit (the profit we get is only to pay the fee).
4. has an iOS / Android application
because we don't always trading (buy / sell) on the desktop, when we are busy but we can still monitor the market price and do trading by using the application on our smartphone (iOS / Android).
5. volume
the most important thing is the volume in the crypto exchange, because if there is no volume in the market then we will find it difficult to make purchases / sales of coins that we have.

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October 02, 2018, 07:15:31 AM
 #323

Fiat to coin trading pairs are the future of cryptoexchanges. We need this for mass adoption in the future. There are very few exchanges that have any but FinanceX is planning to make this a global phenomenon. They also have their own coin being launched following the ICO starting very soon! FNX token which will create it's own market pairing with every fiat and every coin on the platform!

https://financex.io

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October 06, 2018, 04:12:17 PM
 #324

Main factors for me:
- most volumes for my trading coin/token to BTC or ETH (I don't care pairs with USD or USDT or TUSD etc.)
- small commissions (fees) for trading and withdraw
- good usability and GUI (Binance has the best GUI now)
- no KYC or fast easy KYC
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October 28, 2018, 03:46:26 AM
 #325

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?
Some factors that want of crypto users in a exchange is easy to use,the security of exchange and have great volume. And also fast transaction, because many people crypto disappoint if the exchange always pending the transaction.
Yes that's true the factors of a exchange is having a past transaction, good volume and especially the security.  We all know that there's so many exchange right now and I think people choose the exchange that good platform.

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October 28, 2018, 03:52:19 AM
 #326

Mostly i attracted to exchanger site who have a lot of user or trader i also looking for the feature of one trading site.
Positive comment can help if i going to trade to an exchange or not every comment is very helpful to know if it's good exchanger site or not.
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October 28, 2018, 04:31:15 AM
 #327

Personally I am so much attracted to crypto exchanges that has an easily navigable user interface, there some exchanges whose interface is complex to use thus making things difficult, more so a well secured exchange is also a choice for me so as to have a rest of mind.

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October 28, 2018, 04:58:17 AM
 #328

What is really attractive to a Crypto exchange is having thier KYC on their regulations to prevent from some people that want to scam some new users using some multiple accounts and I think it is the best rules that I want to have in a exchange. It's kinda cool even they want your personal information just to make sure your a trusted user of their exchange.
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October 28, 2018, 05:23:14 AM
 #329

For me, a good exchange must have good security features, it is important because of even the top exchange in crypto had victimized in a hacking incident. Low fees and fast transaction are relatively similar to others, so it's better to have a better security system to attract traders.

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October 28, 2018, 05:41:04 AM
 #330

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?

Fast deposit and withdrawal. Some big exchanges have huge problems with withdrawal, so you may lose a lot of possible (or even actual) income due to the technical issues.

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October 28, 2018, 05:45:25 AM
 #331

I do concern on the safety of funds, the quick response from support, low fees and high level of withdrawal, and should be a big volume exchange with large no of user , also have great project that are good to store for long term.

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November 16, 2018, 05:53:14 PM
 #332

The most important thing is security, transaction volume and liquidity. And I can say now Binance is doing well this, they handle the deal very quickly and always make sure the volume is very large.

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November 16, 2018, 06:03:45 PM
 #333

A good crypto-exchange should have three properties. 1. Security 2. Reliability 3. Speed of operation.


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November 16, 2018, 11:32:48 PM
 #334

Lower interest rate on withdrawals and payment transactions. In any case, all exchanges are approximately equal, all known and which we often use.

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November 16, 2018, 11:48:33 PM
 #335

The community that supports it, low fees and a good support that will help you immediately if you got into problem or trouble in your account and teach you how to solve that problem and a friendly support too
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November 17, 2018, 04:31:14 PM
 #336

Well, in addition to a good volume level Finance, I would like more coins that I like and withdrawing Fiat money - rubles
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November 17, 2018, 08:37:02 PM
 #337

Of course , first a large selection of trading pairs, I think the most important thing to new ico projects can be seen on this exchange and of course a smaller percentage of the transaction

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November 17, 2018, 09:04:27 PM
 #338

The choice of trading exchange is determined by transaction fees, speed of response, clarity and ease of transaction, availability of the coin/token of interest, ease of withdrawal, reviews by previous users, performance history of the exchange, etc. These factors will enable you to make good choice of an exchange.                                                                                                                                                                                                                                                                                                                                                                                       

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November 17, 2018, 09:33:10 PM
 #339

I normally don't use just one exchange I use more than 2 centralised exchange and 2 decentralised exchange one of them eth based and one of them Neo based. So leave the decentralised exchange. When it's comes to centralised exchange I first check is there a mobile app or not. It's very useful for me cause most of the time I am outside my home. Secondly I check for how much coin they listed(good one). Cause there are many exchange who have many coins but most of them worthless. Third I check for volume if in that specific exchange everycoin have good volume that is easy to trade. I also check for the factors like security barrier or user interface. I think this factors change for every individual.

 
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November 17, 2018, 11:30:28 PM
 #340

Trust in the site, that's what increases its rating in my personal understanding.
I would not have registered on a little-known site and did not put all my money there.



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