Post
Topic
Board Marketplace
Re: what are the things to consider when looking for a good exchange?
by
NeoMyHero
on 30/11/2018, 09:08:23 UTC
I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
Reputation and security are always on top of the list of what to check out for when you’re choosing an exchange. Any exchange with no good reputation (or should I say without much good reputation) shouldn’t be considered. Why going for exchanges with reputation is because you will be rest assured that they are safe. Cryptocurrency market is not a place to mess around cause there are lots of scammers, any single mistake and you will be in their trap.