Post
Topic
Board Trading Discussion
Re: What are the disadvantages of cryptocurrency exchanges?
by
ahmad21
on 17/07/2018, 18:41:50 UTC
Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

Yes there are many drawbacks of cryptocurrency exchanges. The rates of cryptocurrencies are different on different exchanges. The difference is also sometimes due to difference in currency value. The transaction fee of the exchanges is also quite more which makes it expensive to transact with cryptocurrencies. These problems can be solved with Peer-to-Peer lending which directly match the borrowers and lenders.