what are the things to consider when looking for a good exchange?

[Bostraticus]

It is necessary to take a lot of factors, for example, the number of available pairs, rate, reviews, support. It is very important for me that the service is without registration, in order not to keep my funds in the account. In addition, since the rate may change during the exchange, I prefer to use services with a fixed rate. Now I use Changenow, this service meets all the requirements.

[1714612907]

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[Godex_io]

As a rep of an exchanger, I can highlight the following points, which should be noted first:
1 reliability - first, read customer reviews about the exchanger
2 non-custodial - as they say, not your keys - not your coins. You should avoid exchangers that store all your funds at itself
3 speed, obviously
4 wide range of available pairs - you never know whose price is going to hit the sky in the next moment. But it is better to be able to have all of them available
5  support - with the exchanger with good flow you won't need to ask support, but if, for some reason, you have to, it should help you like a charm.
6 anonymity - last, but nor least, they have to give you the right to stay anonymous and keep your personal data to yourself.
By the way, Godex.io meets all of these requirements. You're welcome to try!

[sidkz]

For me, one of the first factors is the time this stock exchange works.
then there is the volume of trade, and it is necessary that it be real
see which coins are being traded and in which pairs
I try not to have KYC

[glowing10]

For me, one of the first factors is the time this stock exchange works.
then there is the volume of trade, and it is necessary that it be real
see which coins are being traded and in which pairs
I try not to have KYC

I see the history of the exchange how well it has being running successful and how much people have complaints against it. How is the security and support team as both things play a vital role in choosing any exchange to trade with.

[Matematic]

reviews and rates, also 24/7 support will be good thing

[KennyR]

1. Security
2. Listing and trading pairs
3. Trading Volume
4. Ease of withdrawal and deposit
5. UI & accessibility on all platforms and devices.

[bitcoiner.psn]

Good exchanges are those in which  most secure and high level of trading. I consider which exchange  are available at any time & those have Suitable trading tools.

[Zalaster]

It is necessary to take a lot of factors, for example, the number of available pairs, rate, reviews, support. It is very important for me that the service is without registration, in order not to keep my funds in the account. In addition, since the rate may change during the exchange, I prefer to use services with a fixed rate. Now I use Changenow, this service meets all the requirements.

Support is something that you should pay attention to since many services sometimes ignore user requests. I used this exchanger, and when I had a problem, they quickly solved it.

[vintages]

1. Security
2. Listing and trading pairs
3. Trading Volume
4. Ease of withdrawal and deposit
5. UI & accessibility on all platforms and devices.

All true, but you didn't mention the most vital one. Your list won't be complete if you don't make mention of 'an effective customers support unit'.
An exchange may have all that you listed but without a good customer support, it's nothing. There is nothing satisfying as a getting a quick fix to your problem. I noticed it with xch4nge exchange when I wanted to fix an error in my account name.  Though,  I'm still on a quest on utilizing it to know more of it awesome features.

[Yamifoud]

1. Security
2. Listing and trading pairs
3. Trading Volume
4. Ease of withdrawal and deposit
5. UI & accessibility on all platforms and devices.

All true, but you didn't mention the most vital one. Your list won't be complete if you don't make mention of 'an effective customers support unit'.
An exchange may have all that you listed but without a good customer support, it's nothing. There is nothing satisfying as a getting a quick fix to your problem. I noticed it with xch4nge exchange when I wanted to fix an error in my account name.  Though,  I'm still on a quest on utilizing it to know more of it awesome features.

There quick response for clients inquiry and so the problems occurs will be appreciated and it that means that they concerning the welfare of their traders. Many new exchanges are still way for some development and so fixing bugs affecting their services, and they should maintain the systematic arrangement  if there is error appears.

[Hamphser]

1. Security
2. Listing and trading pairs
3. Trading Volume
4. Ease of withdrawal and deposit
5. UI & accessibility on all platforms and devices.

All true, but you didn't mention the most vital one. Your list won't be complete if you don't make mention of 'an effective customers support unit'.
An exchange may have all that you listed but without a good customer support, it's nothing. There is nothing satisfying as a getting a quick fix to your problem. I noticed it with xch4nge exchange when I wanted to fix an error in my account name.  Though,  I'm still on a quest on utilizing it to know more of it awesome features.

There quick response for clients inquiry and so the problems occurs will be appreciated and it that means that they concerning the welfare of their traders. Many new exchanges are still way for some development and so fixing bugs affecting their services, and they should maintain the systematic arrangement  if there is error appears.

Indeed,fast support response/activeness is the one of the most crucial thing should really have on an exchange because once people didnt get immediate response or actions with their problems they would really
tend to find another exchange that would really give out that lacking. Lots of factors should be considered because once you pull it off then expect that users would tend to use your exchange because of that.

[reflector]

Trust, number of users and security are critical issues to think about while picking the trade. For dealers, the quantity of upheld digital forms of money, installment techniques, and liquidity additionally assume a huge job.

In the event that the trade has a huge exchanging volume, I think there are numerous individuals who put stock in the trade so they can give an or more to newcomers, and the second is security likewise will be in the clients concern.

[Sadlife]

Good volume, lots of users who is trading in that exchange and not just bots and also with a transparent CEO and team. Overall dont put all your money in one exchange cause no trading exchanges is 100% trustworthy. Haven't you heard of exchanges getting hack or bankrupt and the recent quadriga X scandal.

[radjie]

For me, one of the first factors is the time this stock exchange works.
then there is the volume of trade, and it is necessary that it be real
see which coins are being traded and in which pairs
I try not to have KYC

I see the history of the exchange how well it has being running successful and how much people have complaints against it. How is the security and support team as both things play a vital role in choosing any exchange to trade with.

yes, security features and support teams are indeed the main factors that need to be considered, besides that people will certainly feel comfortable if the exchange site used has a trading feature that is simpler and has a fairly light burden that can be accessed from anywhere, for example can easily used via smartphone

[LUCKMCFLY]

The best thing you can do is have a Bitfinex account, why? Very easy, in that Exchange you can place your Stop Loss and Take Profit at the same time, not only will you rest and you can build your position but you can easily stop being stuck on your PC looking at the graphics ... I recommend you read Livermore, Wyckoff , they are great speculators, I do not have enough money to enter Bitfinex Exchange, because they demand 10k, but I recommend that Exchange for the tranquility that it can give you, you will take away many hours of stress, besides the authors that I gave you, it is because it helped me much to stop my losses in trading.

[Douglasyukanov]

I followed part of the exchange and used a different password with another exchange,
and use 2FA and synchronize with email,
many cases in some exchanges have lost their assets, but the problem is that the market really has not received legality from the law and the whereabouts of the office are unknown.
so early vigilance is necessary
before you lose a coin asset.

[Kevin77]

Good volume, lots of users who is trading in that exchange and not just bots and also with a transparent CEO and team. Overall dont put all your money in one exchange cause no trading exchanges is 100% trustworthy. Haven't you heard of exchanges getting hack or bankrupt and the recent quadriga X scandal.

Guadriga incident was not a scam but an accident in my view as its CEO died unexpectedly when he was on tour. I believe no one could prevent quadriga kind of scenarios even how effectively you will be choosing your exchange. Because, we cannot foresee the future hence the best practice with respect to quadriga must be, not keeping big money online. Yes, it is applicable for both web wallets and exchanges.

I do choose exchanges after reading comments from this community. When more people suggest not to touch then I will stay away from those services. I suggest everyone to make use of this forum as it will be more powerful and the tips and suggestion from this community will be most latest one to trust and to follow.

[bitbunnny]

For me it's very important that they run legitimate and transparent business and obey all regulations amd laws. Because in case that something goes wrong and law enforcement investigate them and find irregularities they will also seize all funds and you will lose yours. Exchange has to be trustworthy and you have to know who stands behind it.
Then it's also important the good and quality customer support and volume of trading.
I.think that today it's rather easy to check the background of any exchange and it's very important to do that in order to prevent that you lose your funds and get in sone aquard situation.

[airdagon]

There are a lot of factors that influence traders to choose an exchanger for example, security, fee and widrawl trading, popularity and others, but in my opinion security is the most important factor when choosing an exchanger.

[futile-resistance]

Would love to know some of your key factors so i might look into those too.

Mostly I will simply start with the exchange which are being subscribed by the devs of one token or coin. I mean I will look into their ANN topic or their web site for the list of exchanges where I am able to trade their coin or token. Then I will register and then move my tokens and then I will convert into bitcoins or ethereum and finally I may forget that exchange until coinmarketcap kind of summary services notifying the same exchange for another coin selling purposes.

I am not an active trader hence I am not taking much time to analyze and to choose exchanges. Always for first trade with a new exchange, I will risk small amount only. This is only my precautious approach for a new exchange.