Lanatsa
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April 12, 2019, 07:41:51 PM |
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The first and foremost thing is the volume and the crowd traded in. Then look at the transaction fees charged. Then choose the best coins and see if the coin is traded in this exchange. Look at the pairs they have. The volume, marketcap, coins you have chosen decides an exchange to be the best or not.
If they do have such volume then expect they would really have that common trading pairs like BTC/USD, ETH/BTC and so on.Just a normal thing to think off that crowded exchange do have those particular things yet they wont able to achieve such volume if these pairs aren't available that's why even just seeing that one thing on an exchange this is already a big factor for you to consider that this is a good one.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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bitcoin31
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2019, 10:37:11 AM |
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Oh nice that you trade on differenr exchnages site, that's good strategy and even me I trade in different exchanges site for my safety. Most of the exvhanges site that you gave to us is really safe and not having any problems with maybe other but I think it's minor. If Im looking for the new exhanges site I look for the security and other factors to make sure my coins is safe.
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Cryptotina
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 24, 2019, 07:56:58 PM |
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Personally I look at 1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response in case of any attacks or attempts to hack
2. Popularity: Much more popular exchanges are my preference since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stuck with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BNB and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have lagging websites but the mobile apps are smooth to trade with. i have traded so far with the Kucoin, Huobi, Binance and Okex apps. Very smooth and nice experience
Yeah you're right, and these too: - METHOD OF PURCHASE - TRADING PLATFORM, P2P EXCHANGE OR BROKER. - SUPPORTED TOKENS among others.... 😉
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Mahanton
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April 24, 2019, 10:20:44 PM |
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Oh nice that you trade on differenr exchnages site, that's good strategy and even me I trade in different exchanges site for my safety. Most of the exvhanges site that you gave to us is really safe and not having any problems with maybe other but I think it's minor. If Im looking for the new exhanges site I look for the security and other factors to make sure my coins is safe.
Its never been safe to store up your coins on exchangers even on the most reputable exchange as of this moment.As long you don't posses the keys of wallet then those coins aren't actually yours and tendency to loss it is just really lurking behind yet we wont even know on where exchange hacks do really happen that's why don't store up all of your assets in one place.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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jhongzjhong
Full Member
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https://bmy.guide
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April 24, 2019, 11:02:47 PM |
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Personally I look at 1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response in case of any attacks or attempts to hack
2. Popularity: Much more popular exchanges are my preference since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stuck with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BNB and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have lagging websites but the mobile apps are smooth to trade with. i have traded so far with the Kucoin, Huobi, Binance and Okex apps. Very smooth and nice experience
This is totally well said as we are looking for a good exchange platform, I just want to add mine to here. I like to trade in exchange if the UI is good for the eyes and easy to understand and the last one is, of course, having a massive volume of traders. In that way, we can easily and quickly buy and sell. Reputations of exchange sites majority of the people were looking for.
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mikelsmith2020
Member
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April 25, 2019, 03:38:12 AM |
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We have different opinions or perspective on when we consider a good exchange well in my case here are the things I consider as a good exchange:
• A secure exchange where in they offer a 2FA Google Authenticator or SMS Authenticator • Active support where they will able to help you at no time • Exchange wherein the only listed coins are qualified and meet a certain requirements and not just by paying the exchange to list their coin • Active social accounts, press, etc. • Volume of the market • Exchange fees • Withdrawal fees/Minimum Withdrawal fees
So far here are the things I consider in looking for a good exchange.
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Bonsaiav
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April 26, 2019, 07:12:01 AM |
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As a cryptocurrency user, in terms of choosing an exchange of course we have never separated from some of what we want, for example convenience, security, quality, liquidity and low fees imposed on users. Besides that, the available coin pairs are also supporting factors which can be considered very important, and this thing can give customers many choices for the coins they will buy. So, that's some important points which I think are worthy of being taken into consideration in choosing a good exchange.
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leea-1334
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 26, 2019, 05:23:03 PM |
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As a cryptocurrency user, in terms of choosing an exchange of course we have never separated from some of what we want, for example convenience, security, quality, liquidity and low fees imposed on users. Besides that, the available coin pairs are also supporting factors which can be considered very important, and this thing can give customers many choices for the coins they will buy. So, that's some important points which I think are worthy of being taken into consideration in choosing a good exchange.
I think something like security should not even be a comparison because security is NON-NEGOTIABLE. You must have it, which is why I am never comfortable with having no private keys. However strong the exchange says their security is,,, they always fail eventually either through carelessness or technological inferiority when hackers strike. What distinguishes exchanges are convenience, friendliness and support efficiency.
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JohnBitCo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2019, 08:19:39 PM |
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The first and foremost thing is the volume and the crowd traded in. Then look at the transaction fees charged. Then choose the best coins and see if the coin is traded in this exchange. Look at the pairs they have. The volume, marketcap, coins you have chosen decides an exchange to be the best or not.
Well, you don't need to look for anything. Just make an account on Binance and start the trading. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Binance is the biggest and best exchange of the current time and you can deposits your funds safely there. In general you should trade on the exchange which is popular among people and is secure . If should have 2fa and other security features.
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hahay
Legendary
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April 27, 2019, 10:32:56 PM |
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The first and foremost thing is the volume and the crowd traded in. Then look at the transaction fees charged. Then choose the best coins and see if the coin is traded in this exchange. Look at the pairs they have. The volume, marketcap, coins you have chosen decides an exchange to be the best or not.
Well, you don't need to look for anything. Just make an account on Binance and start the trading. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Binance is the biggest and best exchange of the current time and you can deposits your funds safely there. In general you should trade on the exchange which is popular among people and is secure . If should have 2fa and other security features. That's right, for now there is no need to be confused about choosing a good and trusted exchange, because there are many famous exchanges that certainly have a good reputation in this industry which will make crypto users easy to get that exchange. But when you want to trade a token that is not listed or available in the trusted exchange, then at least you have to be more careful to use an exchange that requires you to use it.
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bitcoin31
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2019, 06:34:00 AM |
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Oh nice that you trade on differenr exchnages site, that's good strategy and even me I trade in different exchanges site for my safety. Most of the exvhanges site that you gave to us is really safe and not having any problems with maybe other but I think it's minor. If Im looking for the new exhanges site I look for the security and other factors to make sure my coins is safe.
Its never been safe to store up your coins on exchangers even on the most reputable exchange as of this moment.As long you don't posses the keys of wallet then those coins aren't actually yours and tendency to loss it is just really lurking behind yet we wont even know on where exchange hacks do really happen that's why don't store up all of your assets in one place. Reputable exchanges site more safe compared to other so it's makes me feel comfortable to store my coins to them and that's my choice. Once the exchanges site hack my coins gone also for sure so I have alternative way I store in other wallet or seperate wallet but not all the coins because I still have coins in exchanges site incase the coin increase I sell it quickly.
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The Seller
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April 29, 2019, 07:05:31 PM |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
The main factor in choosing an exchange is that you have to look at trading volume, if the trading volume is good then it can also increase the value of the exchange, including security and services.
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ApocalypseNow
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May 01, 2019, 12:13:51 AM |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
The biggest factor is popularity. First of all, an exchange won't be recognize or praised by a lot of people if they don't see or feel the service that they want. So you don't really need to research so much into this area because the users will give you feedbacks that you need to consider or not when you look for a good exchange.
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bitgolden
Legendary
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 01, 2019, 10:58:21 AM |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
When I was a newbie I never had time for all these all I did was just go to Google and search for the top ten cryptocurrency exchanges and there you have it . You will mainly see exchanges like Coinbaee and Binance pop up and they a re both good exchanges and highly recommended by lots of people. I started mine with Coinbase and later moved to Binance as well. I have account on both platforms but usually make use of Binance the most. They are both good exchanges. So if you don’t want to stress yourself by looking through all these points that are being mentioned here, just go for the popular exchanges and that’s it.
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Harith65
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May 01, 2019, 05:57:31 PM |
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everyone find good exchanges. people need money but they do not have enough contribution. there are many number of exchanges some are new and several are old and strong. when we chose an exchange we should consider that how much strong it and market capacities of those, as well as stability and transaction fees also considered. you can find number of users and current capacity of eth or btc in exchanges. then you will be able to take correct exchange.
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Kiweikoo
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May 02, 2019, 06:00:52 AM |
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As a cryptocurrency user, in terms of choosing an exchange of course we have never separated from some of what we want, for example convenience, security, quality, liquidity and low fees imposed on users. Besides that, the available coin pairs are also supporting factors which can be considered very important, and this thing can give customers many choices for the coins they will buy. So, that's some important points which I think are worthy of being taken into consideration in choosing a good exchange.
I think something like security should not even be a comparison because security is NON-NEGOTIABLE. You must have it, which is why I am never comfortable with having no private keys. However strong the exchange says their security is,,, they always fail eventually either through carelessness or technological inferiority when hackers strike. What distinguishes exchanges are convenience, friendliness and support efficiency. Well you’ve got to talk about security because there are some of these exchanges that are always' careless. So if you don’t look out for them you will end up making use of their platforms and when hackers strikes, you might end up a victim. There’s one exchange I know that I know that has been hacked more than twice ,and I think that’s because they are so careless. There are good exchanges that has never been hacked even for once before, just like Coinbase, their site is very secured or should I say because they are very careful,lol.
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anshui
Copper Member
Newbie
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Activity: 98
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coinbaazar - Escrow Exchange is launched worldwide
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May 08, 2019, 07:38:31 AM |
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2Fa otp and google authentication
support
address
how website looks
see if live new feeds or blogs are there.
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coinbaazar -A low fee P2P escrow exchange with 100's of payment methods, launched worldwide , safe and secure , 2FA, google authentication, Best in market for traders and vendors.
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annango
Member
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Activity: 361
Merit: 17
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May 08, 2019, 11:28:30 AM |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
When I was a newbie I never had time for all these all I did was just go to Google and search for the top ten cryptocurrency exchanges and there you have it . You will mainly see exchanges like Coinbaee and Binance pop up and they a re both good exchanges and highly recommended by lots of people. I started mine with Coinbase and later moved to Binance as well. I have account on both platforms but usually make use of Binance the most. They are both good exchanges. So if you don’t want to stress yourself by looking through all these points that are being mentioned here, just go for the popular exchanges and that’s it. Obviously, almost all of us tend to choose exchange which gains more popular than others. Actually, a number of exchanges are created every single day, it includes both bad and good exchanges, so it's not easy to choose a new good exchange. Often mostly people choose a dominant popularity exchange in order that they may feel less of worry. Nothing can be sure in something which connects with the Internet, but if you choose a better reputation, the security may be much better.
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Chikito
Legendary
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Merit: 2073
Exchange 250+ Coins With 0% Fees
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May 09, 2019, 04:21:11 AM |
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When you want to consider a business that is good first see the clarity,Good popularity is very influential in a good future exchange But not a few people are still confused in choosing the perfect exchange, because each exchange rate changes constantly
New Exchange still use 'low fee and 24/7 support' as marketing to get new customer. fact like that can got a lot of user on other exchange then we know they will change rule when joined and customer send alot of money into them exchange
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AntoCokbun
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May 10, 2019, 08:53:58 AM |
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What is certain in my opinion the main factor in choosing an exchange is considering the security and also the popularity or volume of trade. And besides that I usually also consider transaction and withdrawal fees.
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