What are the things to be considered when choosing the appropriate exchange for

[sana54210]

Another important thing is taking into account the security and safety of exchange cite. And don't forget to check out the reviews about this platform.I would like to recommend you Monfex.You can check it here https://www.monfex.com/

Security matters a lot, and the reason why I do use Binance before was because of the security that I felt they have, and when they were first hit with that hacking of $41 million, it really broke me, but I decided to still give them a try, but now that I am hearing another news of their data database being compromised and people’s data stolen, it make me lost so much confidence in them completely and I feel they are not doing their best enough in the aspect of security.

Right now, I think that I am don giving my data out, and this monfex you mentioned, hope they don’t ask for KYC because that would be the first thing that would discourage me about them, I am about to start looking at a better trading platform right now, and I think I might look into this if they are reliable.

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[xSkylarx]

Volume - it shows the reputation of the exchange by the number of its traders
Availability - some exchange are not available to specific countries
Security - ofcourse anyone don't want his funds to be stolen easily
User Friendly - to trade more comfortably and conveniently

[Ms_Arc]

I choose Binance, i believe in security and real volume.

[devis9990i]

Volume - it shows the reputation of the exchange by the number of its traders
Availability - some exchange are not available to specific countries
Security - ofcourse anyone don't want his funds to be stolen easily
User Friendly - to trade more comfortably and conveniently

Same.And also i take into account the value of spread

[Freddy11]

There are many things that we are required to choose with the exchange we are selecting. However, the most common aspect is to ensure it’s reliable, established and reputed. The worst way is to join random one, which is all but likely to lead towards losses. I am all so very careful in which it helps big time to go for quality Crypto Exchanges only, which not only leads to making profits but also is a way to keep me extremely comfortable with everything.

[LimLims]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

I cannot say anything about coinbase, but according to me Binance is the best exchange.
As you asked how you could choose thr right exchange, then i will advise that go by the nost trusted ones.
A exchange should be capable to pay you your funds instantly and i think Binance is expert on it.
Secondly the exchanges should help their clients instantly in case of emergency and that happens with Binance too.
So according to me Binance can be  a good choice.

[Mahanton]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

I cannot say anything about coinbase, but according to me Binance is the best exchange.
As you asked how you could choose thr right exchange, then i will advise that go by the nost trusted ones.
A exchange should be capable to pay you your funds instantly and i think Binance is expert on it.
Secondly the exchanges should help their clients instantly in case of emergency and that happens with Binance too.
So according to me Binance can be  a good choice.

Coinbase do have Coinbase pro and I had experience and no complaints with it but when it comes to their web-wallet then
I do always suggest on using up of Electrum instead when you do withdraw or pulling or storing up your funds for long term.
Exchange wallets aren't advisable and in talk with reputation and accessibility and good UI/UX then I would really choose Binance
among other exchanger even they do suffer some issue in the past but they are doing pretty good atm.