Koadharber
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March 14, 2019, 11:36:52 AM |
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I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.
Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.
Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.
So, what would you change? what would you remove? and what would you add?
If you are a traders you will hate a exchange when you know that the transaction fee is very high and also if you experience a delays with the tokens you deposit or withdraw,so if you experience with it you will complain to the support and tell them to improve their services if nothing will change find another exchange that is very trusted and low transaction fee.
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Bostraticus
Jr. Member
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Activity: 59
Merit: 1
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March 14, 2019, 11:45:36 AM |
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I use exchanges without registration, for example, ChangeNOW lately. I do not keep my funds there, but I just make quick swaps, so I don’t risk it. I used Bittrex before, and they blocked my verified account without explaining the reason. For this reason, I started using services without registration.
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ereborltc
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March 14, 2019, 11:56:50 AM |
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I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.
Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.
Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.
So, what would you change? what would you remove? and what would you add?
It's really incomprehensible. If you have a cryptocurrency, you should have the private key of your wallet. Why can't you access it?
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Oasisman
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March 14, 2019, 11:59:27 AM |
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I believe this concern/topic is in the wrong section, you can move this thread right here anyway : https://bitcointalk.org/index.php?board=53.0Discussions about exchanges will be tackled in that section. And to be on topic, heres the list about the things I hate using the service of my choosen exchange ; 1. High transaction fees. 2. Coin maintenance took to long to finish. 3. No response from the team after 24hrs after sending them my concern. 4. Deposit/Withdrawal troubles ( although its not frequent, but sometimes it'll drain out my patience specially during rush transactions.)
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enhu
Legendary
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Activity: 2492
Merit: 1018
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March 14, 2019, 01:13:37 PM |
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If you complain about higher transaction fees, there are some which doesn't ask more.
There is not much to complain about exchanges after all if you don't like the current one, you can move on to another exchange. The only thing you might complain to is a coin without much volume in an exchange where its listed. Its going to be the fault of the team or to the community of the project.
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inanilujimi
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March 14, 2019, 01:30:40 PM |
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for me, my local exchange is no longer giving bonuses to traders and just wants to benefit himself by increasing transaction costs when withdrawing
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Mikell556
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Activity: 434
Merit: 10
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March 14, 2019, 07:24:16 PM |
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I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.
Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.
Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.
So, what would you change? what would you remove? and what would you add?
I am more and more not beginning to like the fact that many exchanges are beginning to introduce prohibitions for the registration of citizens of certain countries that have been imposed US sanctions. This eliminates all the advantages of cryptocurrency. Why make them decentralized, so that later they prohibit those or other people who are not guilty of trading on the stock exchanges?
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bitcoinst
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March 14, 2019, 07:27:53 PM |
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After all, no one forces you to use the exchanges that store your private keys. Use decentralized exchanges, and end your anxiety. Use centralized exchanges for small amounts only.
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Strotman
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Activity: 588
Merit: 10
Bounty Detective
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March 14, 2019, 07:45:41 PM |
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If I'm not mistaken, Binance is now developing and testing its decentralized exchange. We can say that this is another + in favor of Binance.
Beta testing is already underway and competition is being held in which you can win more than a thousand of BNB coins I studied the material more carefully, I was pleased with the moment that a commission of $100,000 will be charged for the listing of tokens on Binance DEX. This will protect the site from Scam.
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TheCrimsonFucker
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March 14, 2019, 08:16:26 PM |
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What I hate most is the delay in making deposits, and sometimes blockchain has correctly confirmed the transaction! To Yobit for example, I remember it was too slow to load the trading page. This is definitely not cool! C-Cex was very problematic with emails! Some other problems are in the authenticator. Well, I could spend hours here listing things that annoys me in exchanges.
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zhekinsp
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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March 14, 2019, 08:40:58 PM |
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Hacks on the centralized exchanges which can be the most hated thing by everyone and in history big exchanges even got hacked so it can happen with same too so we need to use decentralized exchanges more while doing trades.
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Bloodseekers
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March 14, 2019, 08:52:19 PM |
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If you want exchange which can access private key you can try decentalized exchange like forkdelta for ethereum, waves decentralized exchange, stellarport for stellar, but if you want to looking for exchanges that have many types of coins which you can control your privete key, i think, nothing. So many people trading in exchange and they calm. Just make simple if you dont trust it withddraw it
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JPSelzer
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Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
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March 14, 2019, 09:50:25 PM |
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I think it would be better to reduce the percentage for withdrawals on some exchanges. I also agree with you that it would be good to make a more convenient opportunity to change crypto into Fiat and back.
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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March 14, 2019, 09:55:37 PM |
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Hacks on the centralized exchanges which can be the most hated thing by everyone and in history big exchanges even got hacked so it can happen with same too so we need to use decentralized exchanges more while doing trades.
It is all about your own personal preferences. But sometimes, dex doesn't offer the trading of your coin so you need to look for other exchanges that can offer such services. There are pros and cons of these centralized and decentralized exchanges. One thing I always do, is send my bitcoin or coins to my own wallet after the trading. And the tokens to my MEW.
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blockman
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March 14, 2019, 10:17:26 PM |
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Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.
They are centralized exchanges so what can you expect from them? they can't let your funds private keys because they hold it for their own purpose. If you want to hold your keys, use an exchange that allows you to do like DEX's. So, what would you change? what would you remove? and what would you add?
Majority wants these exchanges to remove the KYC requirement that they implement. But they can't do something about that because they have to follow the regulations that has been set for their company.
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omnik
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March 14, 2019, 11:15:48 PM |
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What I hate most is the delay in making deposits, and sometimes blockchain has correctly confirmed the transaction! To Yobit for example, I remember it was too slow to load the trading page. This is definitely not cool! C-Cex was very problematic with emails! Some other problems are in the authenticator. Well, I could spend hours here listing things that annoys me in exchanges. Those exchanges sites that you have already mentioned are terrible exchange site and im not feeling any surprised about that dude. yobit and ccex are very well known as the worst exchange site in this year or this era. I will choose to avoid both of these exchange sites
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dunfida
Legendary
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Activity: 3206
Merit: 1155
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March 14, 2019, 11:50:37 PM |
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I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.
Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.
Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.
So, what would you change? what would you remove? and what would you add?
If you do hate not to posses your private keys then better use DEX yet most centralized exchangers wont really give you that kind of access when it comes to your keys thats why its really risky to put up your funds their for long time yet we wont know on when a certain exchange would experience problem. About purchasing crypto by fiat then expect you would always need to comply with KYC thing since you are dealing with banks. If theres one thing i would like to remove is that KYC thing, they should really make it optional or not strictly imposed and also with lesser fees.
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Nasonn
Jr. Member
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Activity: 616
Merit: 1
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March 15, 2019, 12:05:11 AM |
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I wouldn't be bothered about having private keys to my exchange wallets because it leaves it prone to being hacked just like mew private keys that can be siphoned by hackers.
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Caladonian
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March 15, 2019, 12:08:22 AM |
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What I hate most is the delay in making deposits, and sometimes blockchain has correctly confirmed the transaction! To Yobit for example, I remember it was too slow to load the trading page. This is definitely not cool! C-Cex was very problematic with emails! Some other problems are in the authenticator. Well, I could spend hours here listing things that annoys me in exchanges. Those exchanges sites that you have already mentioned are terrible exchange site and im not feeling any surprised about that dude. yobit and ccex are very well known as the worst exchange site in this year or this era. I will choose to avoid both of these exchange sites You said it right, those exchange site who lack of support and always got a delayed and maintenance should be avoided, we have a lots of options now and each time we plan selling our assets or engaging into a a trade we should find decent exchangers which we wont be having any trouble since it's a money matters so we have to make sure that we are protecting our investment.
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Bitfling
Member
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Activity: 602
Merit: 10
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March 15, 2019, 12:34:56 AM |
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What I hate most is the delay in making deposits, and sometimes blockchain has correctly confirmed the transaction! To Yobit for example, I remember it was too slow to load the trading page. This is definitely not cool! C-Cex was very problematic with emails! Some other problems are in the authenticator. Well, I could spend hours here listing things that annoys me in exchanges. Those exchanges sites that you have already mentioned are terrible exchange site and im not feeling any surprised about that dude. yobit and ccex are very well known as the worst exchange site in this year or this era. I will choose to avoid both of these exchange sites Never use ccex and once using yobit. Many people said yobit is terrible exchange but i never had a problem with yobit. If the coin or token traded in several exchanger, i am prefer choosing reputable exchanger because its about security of my fund.
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