What do you hate the most about your current exchange?

[GreatOrchid]

This is really good and genuine question. Whenever a user uses exchange, finds few flaws in it which makes him or her a bit uncomfortable for trading.
For me there are two things.
First is, exchange fee. Sometimes I feel that the exchange is for large investors or traders and not for small investors like me. In such situations, it becomes difficult to purchase or send  only few tokens from exchange.
Second important thing I feel is lack of availability of tokens on exchange. Not every exchange is supporting all altcoins. This in turns makes it difficult to manage different exchanges for different altcoins to trade.

I definitely agree with you buddy. All of your concerns regarding the crypto exchanges present nowadays still have flaws within that still make people to demand and find more and more exchanges which will satisfies their own contentment. But truly, your first reason why you hate your current exchange is about the fee. Well for me, I have the feeling of that. The exchange fee is too high that only few people can afford. So how about other crypto user that only have few with them that is also wanted to use that exchange? Isn't it a bit frustrating. And another thing that you mentioned is about the availability of all the altcoins in the exchanges. This happens to me honestly. It is really hard to handle so many exchnges just because of this matter. Of course if you have many exchanges, it is very unconvenient as you need to manage different exchanges in different altcoins you have.

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[puremage111]

Nothing, aside from adding random dodgy sketchy coin
Basically i use almost all the realiable one like IDEX, binance, Bitfinex and so

However the most thing i hate is adding those dodgy coin. (Anyhow, as an exchange there are suppose to list any coins tbh imo. This is because as an exchange you are serve as a medium and as a platform to allow people to trade, but not filter the good coins for people.)
But, i like how exchange filter coins before adding them because this shows that they wanted to have a good long run on their business

[pics4crypto]

Nothing, aside from adding random dodgy sketchy coin
Basically i use almost all the realiable one like IDEX, binance, Bitfinex and so

However the most thing i hate is adding those dodgy coin. (Anyhow, as an exchange there are suppose to list any coins tbh imo. This is because as an exchange you are serve as a medium and as a platform to allow people to trade, but not filter the good coins for people.)
But, i like how exchange filter coins before adding them because this shows that they wanted to have a good long run on their business

Today for me the most important stock exchange is Binance. There are very low commissions on trades and high volumes of trades.

[Averim]

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?

There are certain exchanges like coinbase where they always add a zero at the end and this way in the hurry to sell bitcoins you sell them at a low price.

[mv1986]

It doesn't even matter which one I use, but my transactions are stuck so often that I sometimes freak out. That has to stop. It has to work smoothly.

[blokklanc]

We own our private keys only on decentralized exchanges this is why I prefer them even if they are not user friendly.
On centralized ones if they are hacked we can lose our funds, this is what I hate the most.
Another thing I hate are the withdrawal limits. I keep my funds on exchanges only when trading.

[cak imin]

There are certain exchanges like coinbase where they always add a zero at the end and this way in the hurry to sell bitcoins you sell them at a low price.

It is unfortunate, it is a very hasty decision if she should sell her bitcoin with low prices. though I'm sure investment bitcoin will not lose, as long as we remain attentive to the market.

[forexandcryptoauditor]

There are two thing I don't like with my exchanges.
One, the huge fee to trade coins. I don't know why exchanges charge huge fee to trade coins. Sometimes I see fees is more than what we want to buy or sell. it's very difficult in this situation and really have to think if it's really worth buying or selling?
By reducing the fees, exchanges can attract more users and thus their revenue.
Second thing I don't like is to have enough pairs to trade or even availability of few coins which someone wants to buy or sell.
Also security is also one of the concerns which is very much important at this moment.

[yeniruieni]

The exchange I have to change is to improve security. So customers are not afraid to invest in Exchange. And accelerate disbursement of funds to enter the customer account. So that everything changes so that customers are more comfortable and faster in making transactions.

[hellyah070]

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?

What do you mean current exchange? Is it something that you handle personally? like the entire website and exchange is fully controlled by you? I guess this question is suited for limited persons only. Not applicable to those who are using exchange.

[adrianto1995]

Every exchange has advantages and disadvantages

Just like on my local exchange, there is something I hate on my local exchange (Indodax) like they don't provide us Stop-loss features for all coins (It just on some several most popular coins only). Also, their withdraw fee (both for fiat and coins) is quite expensive.

[bakermaker123]

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.

There is this exchange I am using that the transaction fee cost a fortune and of course,  that transaction fee could have been an additional profit to me. Now, I am using an exchange call cat.ex with like 0 transaction fee because the transaction fee that you use will be turned into the platform's token with its real time value.

[mv1986]

Every exchange has advantages and disadvantages

Just like on my local exchange, there is something I hate on my local exchange (Indodax) like they don't provide us Stop-loss features for all coins (It just on some several most popular coins only). Also, their withdraw fee (both for fiat and coins) is quite expensive.

Oh yes the withdrawal fee was unacceptable at some exchanges. Cryptopia took $25 for Bitcoin withdrawals at some point. I hope that was the most expensive one.

[beerlover]

There are two thing I don't like with my exchanges.
One, the huge fee to trade coins. I don't know why exchanges charge huge fee to trade coins. Sometimes I see fees is more than what we want to buy or sell. it's very difficult in this situation and really have to think if it's really worth buying or selling?
By reducing the fees, exchanges can attract more users and thus their revenue.
Second thing I don't like is to have enough pairs to trade or even availability of few coins which someone wants to buy or sell.
Also security is also one of the concerns which is very much important at this moment.

Well, in this regard, if your exchange fails to join the trend by reducing their trading fee, I will advise you go on other exchange that can offer you these feature you are looking for, it is because of this exorbitant trading fee that many people believe that Binance trader makes more money than other traders which is quite true, because of their very low trading fee.

High fee charged can really be killing sometimes, especially when you intend trading with a low money and then you realize that he fee charged would have even taking almost half of it away and you have to struggle to meet up with the amount charged before you can start talking about profit, so mate, try Binance.

[GreatOrchid]

Fee is my main issue regarding this matter. Truly there are other issues to tell, but I really do hate to have a high fees in having an exchange. Being someone like me that only have not too much in wallet, it is very hard for me to have high fees. I know that others know and understand that way. If only I have to send few tokens, I have to pay such high fees which is very unreasonable to a small exchnagers like me. And not only that because it would be so hard to purchased only few tokens having the fee so high. And it is really annoying for me. But still, I do appreciates all the true and proud exchanges we all been using.

[killat]

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?

The main concern regarding an exchange remains the security.

I will never feel the same when I open my Exchange account compared to when I open my Ledger Nano S one. If I don't access the exchanges for more than 1-2 weeks, I always have a weird feeling when I'm reconnecting 😊 This never happens with a hardware wallet.

[baghdatis1990]

        Most people hate at most exchanges, too much trading fees. We are many early-stage investors, so it's quite difficult to trade big amounts of money so we do not feel those taxes. I also hate that many potentially good projects are not listed on the best-known exchanges so I can trust my investments. I also think all exchanges should take more care of investor security.

[Sanford]

        Most people hate at most exchanges, too much trading fees. We are many early-stage investors, so it's quite difficult to trade big amounts of money so we do not feel those taxes. I also hate that many potentially good projects are not listed on the best-known exchanges so I can trust my investments. I also think all exchanges should take more care of investor security.

Well, too many exchanges in my opinion now exist. And there is too complicated tax assessment. I sometimes get only $ 20 why should I give $ 5 to the exchange .... I often come across this situation, as it were.

[Eildosa]

I also would not mind to add to all exchanges Fiat currency. In order for us to effortlessly change crypto to Fiat and back. It would be very convenient and would not need to spend money on the comission.

[aemma]

In my own case, I uses the two types of exchanges; that is, centralized and decentralized. In terms of centralized exchange, lack of control of assets and unfriendly withdrawal fees is what I hate most. Then in decentralized exchange, lack of user friendliness is what I hate also.