Post
Topic
Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
leowonderful
on 21/02/2019, 22:41:33 UTC
My ideal exchange has the following features:

Multiple security options like 2FA available to combat hackers, block new IPs from logging in, etc. Plenty of sites email me when a login's been detected from a new IP, but a number of the ones I am registered on don't actually require you to authorize the login through a link on the email.

Must have a physical location. Most but not all exchanges that don't have physical locations are scams, especially newer ones.

Liquidity

Good support for whenever things go wrong like deposits, trades, etc.

Reasonable withdrawal fees and trading fees. I typically don't do lots of small withdrawals from exchanges so fees aren't usually a problem for me, but the fees add up over time. Some sites also have pretty high trade fees, which most people don't initially notice when signing up for an exchange.