What do you need in A Cryptocurrency Exchange ?!

[Caladonian]

I do prefer transparent , security and decentraliziation.  If and exchange can be Build on the foregoing I think I will seriously like it.  The security of the exchange platforms is very important and we can see how much has been lose through hack on exchange in the past because of lack of security.

Money matters, it's our hard earned money so what we wants is the security inside the exchange where we will be exchanging and do our trades,
with continuous updates and progress regarding to security exchange might be appealing to me, together with customer assistance if centralized
exchange.

Protections of assets, making sure that everything is safe against intruders and hackers.

[1714288179]

1714288179

[1714288179]

1714288179

[1714288179]

1714288179

[Mr.grin]

well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.

[wuvdoll]

for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

I am always having secondary thoughts about sudden change of terms so that I might need to clear KYC with my exchange. I mean I just want assurance that I never need to have any KYC clearance as long as I am dealing only with cryptos and not fiats. I'm not sure that any exchange is providing such guarantee that they will never look for KYC when we will trade only cryptos without touching fiats parts.

Other than this I am always want stable and highly secured exchanges from hacking attempts but that will not be possible for any business because they are also not aware of how strong the hackers will come against them.

[Zalaster]

I think what is needed for crypto exchanges is security. Because security is the main thing that is needed, it is useful to keep assets from being lost and avoid hacking. In addition, 24/7 support and privacy are also the most needed things. 24/7 support helps if there are problems in trade and privacy I'm sure many people choose to keep their privacy safer. Besides that, it depends on each person who uses it.

You always risky if you keeping funds in your account. You can simply be blocked by service, so you will fight with the exchange. Now I use exchangers without registration, for example, ChangeNOW, which looks good at the moment. Their support also inspires confidence, addressed them several tickets, they solved the issues quickly. But, of course, everyone should choose what is better for him.

[conected]

well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.

- Security and safety for users is really the first factor we need in a good exchange but it is still not enough to convince us to care and participate regularly in an exchange, besides safety and security, support from the exchange management team, analytical tools and trading volumes on exchanges is also a very important part. Because if exchanges are safe but their support is too poor, our property has problems, we also need to wait a long time to be resolved, miss a lot of opportunities, and good tools and high trading volumes is an easy to understand, without these things, we can hardly make money

[radjie]

for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

I am always having secondary thoughts about sudden change of terms so that I might need to clear KYC with my exchange. I mean I just want assurance that I never need to have any KYC clearance as long as I am dealing only with cryptos and not fiats. I'm not sure that any exchange is providing such guarantee that they will never look for KYC when we will trade only cryptos without touching fiats parts.

Other than this I am always want stable and highly secured exchanges from hacking attempts but that will not be possible for any business because they are also not aware of how strong the hackers will come against them.

almost all exchanges of course need kyc for its users, this is sometimes an obstacle for some traders who have just visited the crypto exchange for the first time because they need confirmation that must be approved. however, the exchange that requires Kyc certainly has security and comfort for all its users.

maybe the most important thing that all exchanges must have is that it can make it easier for users to make deposits and withdrawals instantly and ease the burden of costs

[jvdp]

well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.

I saw many promising exchanges in current market If you have any clarification you may create a thread surely everyone resolve your issues. But most of the exchanges are huge transaction fees in withdrawal so peoples are not like the some exchanges so we must choose our desire exchanges in crypto trading.

[zhekinsp]

What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

[Fredomago]

What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With centralized exchange, you need to process KYC if you will going to exceed with their allocated amount for withdrawal, it's been a rule to avoid
money laundering and exchange needs to comply with that, if you don't want to do the process alternative like DEX can be used for making huge
trades without the interfering  of any approvals or delayed.

[zhekinsp]

What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With centralized exchange, you need to process KYC if you will going to exceed with their allocated amount for withdrawal, it's been a rule to avoid
money laundering and exchange needs to comply with that, if you don't want to do the process alternative like DEX can be used for making huge
trades without the interfering  of any approvals or delayed.

But for certain limit like one bitcoin per day will need no approval just pay the fee and initiate the transaction will make the trading platforms as much better place.

[dmamigo]

What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With P2P system on some exchanges, I now enjoy it a lot. Instant withdrawal issue now matters quite less. High fees also bothers me a lot, for a very few amount, I had to pay a loads of fees.

[Noa_Amable]

eeeeeeeeeeeeeeeeeeeee

No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.

I guess Hitbtc used to have quite high fees,though not sure about current situation.
I suppose that there are more features which could be added to a Great exchange,like Forex and CFD brokers have.

[zhekinsp]

What I hate to experience on a trading exchange is getting approval of our withdrawal,so I definitely need instant withdrawal in an exchange upto certain limit.

With P2P system on some exchanges, I now enjoy it a lot. Instant withdrawal issue now matters quite less. High fees also bothers me a lot, for a very few amount, I had to pay a loads of fees.

In centralized exhchange which is also a big issue,but normally I trade decent amount so there is no need of withdrawal fee.

[gilangIDR]

Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

What I have noticed the most is the security feature, because when we want to trade comfortably, security is something that must be taken into account. If an exchange does not have a good level of security, it will make us problematic in the assets we have.

[binhvo1505]

Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

I think that is the level of security and credibility of the exchange. I have the habit of putting coins on the trading floor so that transactions become quicker and easier. but recently some exchanges have encountered many security issues and it has collapsed because hackers hacked into the system. Investors lost all their coins and had no refund.
In order to become a large trading platform, a large volume is not enough, it needs a great level of security.

[SvonioneFromMangoCoinz]

Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

For me, I need the speedy transfer of the floor system and the purchasing power of a trading floor.
Big exchanges with high purchasing power and liquidity are safe. I love it. Besides, I need the system of trading floors to have fast blocks processing speed so that I can trade quickly.

[fullhdpixel]

well, security is the most important thing from an exchanger. we know there are so many types of exchangers nowadays, but some don't have a pretty good security system. besides, we also need real trading activities, this makes an exchanger avoid the fake volume.

Of course security and a risk free investment is what every businessman would love to have. Unfortunately we do not have so many exchanges that can give the investor what he/she wants from it. In addition, I think that we are fortunate enough to have some good exchanges which are the top exchanges like Coinbase etc and we can make use of those exchanges to make things happen.

[carlfebz2]

eeeeeeeeeeeeeeeeeeeee

No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

Yeah binance bittrex hitbtc that's (3) three exchange is the most popular as of now and I included poloniex is also one of the most oldest trusted exchange with low transaction fees with strong private keys for the security of the users i am not promoting poloniex or any exchange but base on my own experience i give my own best for those people want to know is the best all about in trading.

I guess Hitbtc used to have quite high fees,though not sure about current situation.
I suppose that there are more features which could be added to a Great exchange,like Forex and CFD brokers have.

Until now they do still have the same withdrawal fees which making a micro transaction with that exchange will not really be ideal at all.Talking about Forex and CFD brokers feature I guess it
wont really be necessary but when we do mention about technical things I guess it is already being included or can be seen on current exchangers as of todays.

[hahay]

Every exchange already has a good system in my opinion, but only in the complaints service that is still not good at every exchange, I know they have and select each of their workers in order to give a good response, but the lack of workers or complaints that pile up causes Complaint service is very long to respond, this will make users continue to worry because the complaint is not responded quickly.

[creeps]

Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.