I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?
Your feedback would be appreciated.
The fee, some exchanges even have a really big fee just for selling our coins on that site. I still remember when i want to sell 7000 coin and the fee is 0.0035 for the trading, its hella big. The second one is bot, i'm sure there are bots on trading site, y what the hell when i pick buy order and suddenly there is an order above me with 1 satoshi different.
I totally agree with that, exchangers have high fees that sometimes it consumes the money you are withdrawing. As far as I know, it was not like this before the fees are lower and is on the right amount for the traders not to be concerned like this. Aside from that, one of my biggest problem also is the internet connection here in our province. I remember that time when a certain coin that I was selling was opened to its max price on another exchanger but because of the poor connection, I wasn't able to register and log in for two hours. At the time that I was logged in, the price of that coin is now already half of the max price. I was frustrated by that time because I just loss the good opportunity to sell my coins at a great price.
I think exchanges are facing a lot of pressure lately and this is why they are trying to cut costs as much as they can, we have seen some exchanges having their accounts closed in some banks, now it seems the IRS is going against Coinbase and their customers, decentralized exchanges are gaining customer base and the fees of bitcoin are not going down.