jho0810
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December 16, 2018, 10:17:00 PM |
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Of course the key reasons of choosing a exchange is having a low fee and great platform or exchange. And also how the exchange is secured to any hackers.
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ableh
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December 16, 2018, 11:24:03 PM |
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Security, low transaction fee, no minimum trade, SEO friendly website, no KYC verification required, and responsive customer service. Besides that, because I am a short-term trader, so I am only interested in exchanges that have a large volume and more liquidity. But sometimes I also choose exchanges based on the altcoin that I get from bounty campaigns, but this is only to sell them, then leave ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Bitcoin_Arena
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December 16, 2018, 11:40:22 PM |
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Low Volume is a no go for me, apart from making daily trade close to impossible as one's sell or buy orders may not be filled for along time, it's also sometimes a sign the the exchange may not be safe and trustworthy
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wuvdoll
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December 17, 2018, 04:12:01 AM |
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1. What are your personal the must-haves for an exchange to be of any interest to you?
2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.
ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
The ease of usability and the lack of KYC. If I have to give you my information to do anything on your website I will not be involved with it, I don't care if thats the law, you have to follow the law where you are based on, I don't have to follow your laws since I am not living there. Hence I try to select the highest number that I can trade without giving any information at all. Binance is great on that front, I can trade as much as I want and still not give any info at all, their limit is way above what I have in bitcoin. Also the amount of coins are important too with volume of course, there are many places like cryptopia that has many coins but they lack volume so it makes no sense, however binance has a lot of coins and all of them have healthy volumes too.
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Xiroartoni
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December 18, 2018, 12:32:28 PM |
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Hello, 1. What are your personal the must-haves for an exchange to be of any interest to you?
2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.
ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
Thanks in advance, Art
I try not to trade assets with a small trading volume, as it is more difficult to sell them when there is an urgent need. Most often I trade pairs with btc, eth and usd. I don't see any liquidity on the other pairs, so there is no sense to trade them. Perhaps in a year the situation will change and people will trade on more currency pairs.
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CoopHarley
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December 20, 2018, 03:25:11 AM |
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i choose the exchange which appear for a long time
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Indrawan77
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December 20, 2018, 09:52:27 AM |
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The most important are the trust, fast withdrawal and deposit, good customer support and tight security, we had been experiencing a lot of exchanges being hacked and causing the users coin disappear, so security must be a priority, its not easy to build an exchanges now, because there are a lot of rival
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The Seller
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December 20, 2018, 01:39:30 PM |
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The main thing needed by traders is high trading volume and also the many types of coins in it. But sometimes they also prioritize security and user support.
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Omega Weapon
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December 21, 2018, 03:25:33 AM |
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People have different standards to me the most important has to do with how many times has the security of the exchange being compromised, anything higher than zero is not something that I will tolerate since I am not willing to lose my coins to hackers just because the people behind the exchange were not careful enough about the security of the coins of their clients.
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cokroalif
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December 21, 2018, 04:22:43 AM |
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Lots of bitcoin exchange or where bitcoin trading works now, but not necessarily all of that works well, you should be good at choosing, which one is the best you have not made a decision to use. In the use of bitcoin exchange you should just choose the official one so the quality is guaranteed. We remind you a little for you if there are things or advertising services that you are not sure you can ask first to people who are more aware of it.
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Nahl
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December 21, 2018, 06:32:55 AM |
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The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure even though i do realize there is no 100% guarantee those exchange will never be hack but high security system will makes me more comfort to use them and the second is the various altcoin for bitcoin pairs and volume market for every 24 hours
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el kaka22
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December 21, 2018, 06:53:09 AM |
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1. What are your personal the must-haves for an exchange to be of any interest to you?
When you do not have plans to use an exchange as a wallet services then I guess you do not need to worry big. I choose an exchange based on availability of one particular coin pair and then I will check in this forum for their credibility. I do not prefer exchanges which are asking to clear KYC. I test a new exchange with small volume for first time. That's all for me to choose a new exchange. I do exchange and I will withdraw and then I will forget that exchange until I need to trade another coin/token. The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure
How you will make sure that your exchange is having good security systems ? I read most exchanges are saying that they have cold storage or even deep-cold storage and having world class protection against all types of hacking but how we can be sure about those things. I mean how we can cross-check their security systems. I guess we need to go simply by their words.
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jrrsparkles
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December 21, 2018, 09:00:49 AM |
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Hello, 1. What are your personal the must-haves for an exchange to be of any interest to you?
2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.
ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
Thanks in advance, Art
The exchange need to be registed with a known user and need to have coutry of orif=gin which can halp is to identifies that this is really an exchange,if you are doing in anonymous the people may have doubt in their mind always. Volume is not a big matter but I won't go to a new exchange at first instance so they need to have good number of registered traders doing some kind of activity.
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bitbunnny
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December 21, 2018, 09:05:30 AM |
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Things that are very important for me when exchanges are involved are security and customer support. The quality of these could be deciding factors to choose particular exchange. Also reputation among users and that is running legitimate business. Volume is not so important to me. I know that many users don't like KYC but I see that as a feature for my own security and protection so I'm not against it.
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BlackPanda
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December 21, 2018, 09:49:16 AM |
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Things that are very important for me when exchanges are involved are security and customer support. The quality of these could be deciding factors to choose particular exchange. Also reputation among users and that is running legitimate business. Volume is not so important to me. I know that many users don't like KYC but I see that as a feature for my own security and protection so I'm not against it.
For me, an Exchange is very important, I always pay attention to the quality of the exchange. Exchange is very important for our success in trading. The higher the level of trust An exchange will make us more comfortable in trading. Comfort and safety are the main things that must be considered.
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milewilda
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December 21, 2018, 12:17:16 PM |
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ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
Thanks in advance, Art
Traders would always go for the best exchange which can give out excellent service to its users. 1. Security 2. Low Fees 3. Fast support response 4. Doesnt have strict compliance of KYC
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ringgo96
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December 21, 2018, 02:25:54 PM |
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this knowledge is very important because with this knowledge can get a big advantage. so in my opinion we really have to be serious in learning about trading
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Cosbycoin
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December 22, 2018, 07:02:45 AM |
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Hello, 1. What are your personal the must-haves for an exchange to be of any interest to you?
2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.
ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
Thanks in advance, Art
When choosing an exchange for trading, there are lots of things I do consider and the first thing I check is whether the exchange is available in my country (whether they have an office in my country), but there are still good exchanges that are not available everywhere. Next thing I check is the coins offered and liquidity. Another thing that is very important is security, if it’s not secured then I’m not going for it. Next is customer support and trading fees, margin, reputation and a lot more. Good luck hope you find the best.
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TarzanNJane
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December 22, 2018, 07:36:14 AM |
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1. location 2. interface 3. volume 4. limit of withdrawal 5. amount of cryptocurrencies
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Jack2fernando
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December 22, 2018, 08:04:11 AM |
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Of course the key reasons of choosing a exchange is having a low fee and great platform or exchange. And also how the exchange is secured to any hackers.
Sometimes the project in which we invest also convince us to join a particular exchange. It is important that we trade on the exchange on which our coin is listed to keep an eye on the trading of the coin and to secure ourselves from the loss.
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