What is the main parameter for you when you choose a crypto exchange?

[btc_love]

I'm looking for crypto exchange, and it's challenging for me to pick one. I want to start with changelly because they have low fees, but they have just about 100 coins. what do you think about it?

[pawanjain]

Choosing an exchange is definitely not an easy task. We should look upon various factors before choosing the right one.
I generally see how good reputed an exchange is followed by factors like liquidity, customer support, coins listed, the UI and UX etc...
If everything seems good only then I decide to deposit my coins in that exchange. The wise ones say that never put all your coins in a single exchange.
So we should choose multiple exchanges (2-4) and keep amount in all of them.

[Buntel168]

Today i see many thread about "changelly" and I hope this isn't spam.
Everyone have their own choice about crypto exchange, for me Binance and Okex is the best exchange platform.

[tabas]

What coins you want to trade? that's the question that you have to answer first. You just don't go to an exchange and trade everything you see there, you must have some game plan before depositing and trading there. Binance is one of the top choice of most traders so have you considered visiting the platform?

[X-ray]

I'm looking for crypto exchange, and it's challenging for me to pick one. I want to start with changelly because they have low fees, but they have just about 100 coins. what do you think about it?

it doesn't seem to be a good choice and i will pick binance, kucoin, bibox or another major exchange site as my best choices. You can even get the lower fees when you are using the exchange site's utility token and you will get 50% discount.
My main parameter to see how much daily volume (liquidity), verification, CS and almost all aspects should be the main parameters.

[gunhell16]

I'm looking for crypto exchange, and it's challenging for me to pick one. I want to start with changelly because they have low fees, but they have just about 100 coins. what do you think about it?

Even an exchange only has 100 coins on their list it is okay as long as the volume is good and real.
For me, i want to have an exchange which is in good rank and has no KYC for small withdraw.
One that has a good volume with a low fee of the transaction.

For me Binance, Kucoin is good.

[btc_love]

previously I had never heard of that trade and I also couldn't see the volume there, I also saw they didn't accept payments with ETH ... Is https://changelly.com/ new exchange? if you want to trade I suggest choosing an exchange that is already popular and has good volume

I'm not sure it's a new one. my friend suggested it to me.

[BlinkInDie]

In terms of exchanges, Binance will always be the King of them all, but there are still a lot of good ones out there like Kucoin, LAToken, etc. They're making small moves that will not just benefit their client, but themselves in the long run such as them listing COS that is a part of actual products for somehow the first time. Volume in Binance is also super huge compared to other exchanges, they did not let the recent FUD affect them at all.

[Khuongcute2503]

I don't think cheap exchanges will be good for you. Accompanying it are risks that you cannot predict. Choose for quality and reputable exchanges instead of low-cost transactions

Good luck to you!!

[Krabby]

You should choose a very large exchange and secure security so you never lose money. Don't be too concerned about the exchange fee. Please take care of the safety of your property. Binance, Huobi, Okex are the 3 best and safest exchanges at the moment

[Daha19]

Choosing an exchange is definitely not an easy task. We should look upon various factors before choosing the right one.
I generally see how good reputed an exchange is followed by factors like liquidity, customer support, coins listed, the UI and UX etc...
If everything seems good only then I decide to deposit my coins in that exchange. The wise ones say that never put all your coins in a single exchange.
So we should choose multiple exchanges (2-4) and keep amount in all of them.

I try to avoid exchanges that manipulate volumes and order books, it makes me wary and see other options, and the security and degree of protection of the exchange is an important factor

[eternalgloom]

Why would you go with one of these instant exchanges? They're just using the API of other exchanges to transfer funds and charge an additional fee on top.
Just go with Binance, their fees are not too bad and they send out transactions pretty fast when you're withdrawing your funds.

[cryptonewbie]

If I'm to choose a cryptocurrency exchange as an experienced trader, I would look at the volume of coins being traded there first as I won't want to wait for days before one of my orders is picked. I will also look out for exchange with working api that I can connect to my tabtrader app. This way I won't have to login to the exchange every time in order to trade

[iyah adrian]

Looks like this changelly exchange is in promotion. Because if there is a topic about exchanges, changelly must be discussed first.

In a certain exchange there is a low cost and security in the exchange. With that, I'm happy to trade there. And with those points I was looking for.

[thiscomm]

I don't think that's a good idea. because there are still many altc who have low prices but they have a lot of coins. like binance or litecoin both altc have a lot of coins and I think the price is still at a fairly low level. or if you want to challenge a little with your money, you can buy it ETH. maybe at this time ETH is still going down in price but I'm sure there will be a surprise at the end of 2019 with a fantastic price surge on ETH. You can check it on coinmarketcap to see or monitor the price of each crypto.

[nwosuchristabe2]

In my opinion, the most important factor to be considered in choosing a cryptocurrency exchange to trade is the security of the platform. Security breach has been a common problem in several exchanges and that has lead to the loss of millions of dollars. Most exchange had to liquidate after the issue.

[charlop24]

It's imperative to consider some factors before settling for a cryptocurrency platform to trade. One of the most important factor to be considered is the transaction fee for trading, making deposit and withdrawal. Some centralised exchange charges customers for making deposits, which I consider to be uncool. Some even go to the length of setting their charges strictly in btc or eth and this is unfair considering the fact that the trades may be made with other altcoin.

[ivaf]

And I, for example, never used Changelly (I don’t know if this is good or bad). It’s more convenient for me to use large exchanges (with large trading volumes). It used to be Poloniex and Bittrex, now it's Binance.

[tsaroz]

I'm looking for crypto exchange, and it's challenging for me to pick one. I want to start with changelly because they have low fees, but they have just about 100 coins. what do you think about it?

The things I look for in exchange are
1. Low fees (exchange and withdrawal)
2. Large number of coins and specially the ones I'm following.
3. Large liquidity so that we can easily buy and sell.
4. Security and support.
5. User friendly operation. (Some east Asian sites are hassle to get used to)

I too uses shapeshift and Changelly if I just want a coin be exchanged to other. But as I prefer trading for profit than holding coins, Binance, Kucoin, Probit and Coinex are my choices of exchange.

[cak imin]

to sell the assets that I have, of course I will see where my coins are listed. if there is a choice then I will choose the one with the highest trade.
but if you want to start trading, volume and security are the first choices to consider. other than that transaction costs are a consideration that should not be left behind.