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

[Osarman]

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 think the major thing to consider when choosing an exchange for trading is the security of the exchange, because once you trade on an exchange that has security threat, your coins are at risk and can be lost at any time to hackers which is why you should make research on the security of an exchange before investing your money into that exchange or leaving your money on that exchange, also make sure that the platform is user friendly to get the best experience.

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[Moiyah]

I always considered the security system of an exchange. That is the first important thing for me. Next  is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.

[bakermaker123]

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.

If you want to try some exchange, you can go and check the exchange in my signature. It is a transaction mining exchange with a great platform and team, and it is very easy to use just like every exchange. You can also try buy CaTT and locked it up so you can have daily dividends.

[FanEagle]

I always considered the security system of an exchange. That is the first important thing for me. Next  is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.

Positive feedback are products of popularity, which is very easy to detect how popular and exchange his, just like Binance now, we don’t need anyone to tell us how popular Binance is because of its name that rings bell on every ear but when it comes to the security of an exchange, what then should one look out for.

I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.

What is that major security system to be put in place that will make us know that it will be impossible to hack them?

[Ezenwanyi1]

There are some exchanges that I would rather pay someone to help me sell my coin or something . This is due to the sloopyliness of the exchange's interface. So I will advise that before you choose an exchange that you consider the interface, transaction fee, how prompt the exchange support staff respond to complaint etc

[guoyu78]

Positive feedback are products of popularity, which is very easy to detect how popular and exchange his, just like Binance now, we don’t need anyone to tell us how popular Binance is because of its name that rings bell on every ear but when it comes to the security of an exchange, what then should one look out for.

I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.

What is that major security system to be put in place that will make us know that it will be impossible to hack them?

That is a good question because it actually helps you make more money if you are on the right exchange. I think that you should be focused on many factors when choosing an exchange.

Risk, Security and liquidity plus the transaction fee. These are the factors you need to be very curious about and since I use Binance, I am very satisfied about the exchange I use. You can Google the leading digital exchanges.

[BlackPanda]

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.

Choose exchanges that have good reputations like Bittrex, Huobi, Binance. Never use an exchange that has a bad reputation, don't ever be tempted by a cheap fee withdraw because it won't promise the account we have is safe. Exchange that has a good reputation will usually have good security features, so choose the best to provide maximum comfort and security when we trade.

[Zemomtum]

The first thing to consider is the level of security provided by the exchange. You will not want to loose your money in just overnight. Secondly is to check if the exchange is listed in coinmarket cap, then you consider the volume of trading per day. You will not ant to go to a market where their is no activity. After you have made your decision, do a little of googling to find out if they have been hacked before.

[Rightchoice]

Safety, Safety and Security is the thing. I do not go for exchange instead I go for broker. I have simple reason and that is because of the freedom with broker compared to exchange. But one target that’s same is safety and security which regardless of what type you select should be picked. I am not sure how you do that for an exchange but for a broker, you can easily check through https://fx-list.com, as it’s the site where you get all facts about brokers and also make comparison, so we can easily pick the best one.

[bitbunnny]

To my opinion the two most important things when it comes to exchanges are legitimacy and security. Basicly you don't want to trust you mony to someone who is not doing business according to law and who doesn't keep your funds secure. So this you should check first. If you don't feel confident about any detail connected with particular exchange avoid it. You can also learn from other user's experiences and choose one that is on the list of trustworthy and secure.

[prtty2gal2]

The first thing to consider is the level of security provided by the exchange. You will not want to loose your money in just overnight. Secondly is to check if the exchange is listed in coinmarket cap, then you consider the volume of trading per day. You will not ant to go to a market where their is no activity. After you have made your decision, do a little of googling to find out if they have been hacked before.

When it comes to security, all these doesn’t really guarantee that they have a very strong secured system and cannot be hacked, if you look at most of the  exchanges that were hacked and funds stolen from, they  were all listed on coinmarketcap and they never had any bad reputation till they were dealt with by hackers.

So, the best I just advise most people to do is never to leave their funds on any exchange hackers can only steal funds when they see one, people should get use to using hardware wallets or software wallets with very strong encryption.

[Lanatsa]

The first thing to consider is the level of security provided by the exchange. You will not want to loose your money in just overnight. Secondly is to check if the exchange is listed in coinmarket cap, then you consider the volume of trading per day. You will not ant to go to a market where their is no activity. After you have made your decision, do a little of googling to find out if they have been hacked before.

When it comes to security, all these doesn’t really guarantee that they have a very strong secured system and cannot be hacked, if you look at most of the  exchanges that were hacked and funds stolen from, they  were all listed on coinmarketcap and they never had any bad reputation till they were dealt with by hackers.

So, the best I just advise most people to do is never to leave their funds on any exchange hackers can only steal funds when they see one, people should get use to using hardware wallets or software wallets with very strong encryption.

Anything that created by man can really be hacked by a man.This wont really give out guarantees for an exchange to be unhackable thats why the
risk always lying behind and anytime it can really happen.Most of target would be always the top-tier ones which is normal yet most money is lurking on to those exchangers.
The thing here is that exchangers are trying their best to give out the best security because once it had been compromised then they do know that their
business is fucked up.

[waynechong1995]

For me it's about the exchange mechanism, you need an exchange that could do stop loss otherwise you wouldn't be able to safebay yourself when market is nearing, and of course liquidity otherwise it's useless, variety of coins and some others were is withdrawal, trading fees, kinda crucial if you make alot of trades, UI and other stuff are pretty much the same when it's fast

[GregH37]

Anything that created by man can really be hacked by a man.This wont really give out guarantees for an exchange to be unhackable thats why the
risk always lying behind and anytime it can really happen.Most of target would be always the top-tier ones which is normal yet most money is lurking on to those exchangers.
The thing here is that exchangers are trying their best to give out the best security because once it had been compromised then they do know that their
business is fucked up.

You are very much right, most of these exchanges will not just create a system to come and give themselves a bad reputation, a lot of them are seriously tying their possible best to make sure that they give the users maximum security for their funds.

But, users too are not really helping these exchanges in protecting their images, we keep hearing on news today that they stole fund from someone’s wallet, which they might even mention the exchange, but we fail to ask ourselves whose fault it was, was the fault from the exchange or the user who fails to make use of the security tools provided to him in securing his account.

[Wintersoldier]

I first look for the reputation of an exchange. Like, if there are lack in its security before, I wouldn't trust my money there. If it passed, I'll test its features and optimzation; if it's laggy and its tool is old for me then I wouldn't continue using it further. Last thing is to check its owner's activity his/her background.

[Ailmand]

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.

A lot of things must be considered upon choosing an exchange. To make things easier, you can read feedbacks or do a series of research to serve as a guide for you to make the right decisions. Choose an exchange where you could do transactions safely and more secured.

[guoyu78]

I first look for the reputation of an exchange. Like, if there are lack in its security before, I wouldn't trust my money there. If it passed, I'll test its features and optimzation; if it's laggy and its tool is old for me then I wouldn't continue using it further. Last thing is to check its owner's activity his/her background.

Security, trustworthy, user friendly and famous having high user base. These are the things I look for before choosing a digital exchange. This is very important because if the exchange you have chosen cares about its users, then you would not have to worry about anything.

Binance and Coinbase are good exchanges with great reviews by its users and this is why they are sustaining in this highly competitive markets and still getting big in user-base, among these two, binance is relatively a new exchange still that does not a criteria here for not considering them.

[stitch101]

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'm still new in trading and I know that we can't easily trust peoples suggestion but it is great to know their thoughts and ideas. It is much better to have your own research, in that way you will know the things that you need to consider in an exchange and you can also enhance your knowledge in trading. As a newbie we can't really avoid being confused about different exchanges, well i'm lucky because I was able to know darb exchange. It is a good trading platform that helps newbies to trade well because they provide a demo account. It is definitely great because they have fast transaction in transferring assets and funds, aside from that it can also be a crypto wallet and it has high security level that can protect your assets from hackers. Well as a newbie I need to learn a lot of things especially when it comes to the security of my assets, and choosing a good exchange isn't that easy.

[creeps]

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.

A lot of things must be considered upon choosing an exchange. To make things easier, you can read feedbacks or do a series of research to serve as a guide for you to make the right decisions. Choose an exchange where you could do transactions safely and more secured.

Secured exchanges is hard to find now, because even the top exchanges are being hacked and Binance is also a victim of this. Now, you have to consider the history of every exchanges and how they handle this kind of situation, i’ve heard that binance will shoulder those amount to keep their reputation up. Choosing an exchange must not be done easily, exchanges will be your partner for your whole journey in trading so choose a wisely.

[blackhawkeye1912]

I always considered the security system of an exchange. That is the first important thing for me. Next  is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.

In addition to these, look for some review about the exchanges. From there you can see comments that might help you to decide. But, don't forget that there is no 100% safe exchanges. There is only the most secured. Hackers can find ways. So, don't store huge amount in exchanges.