Quote from: iv4n on March 01, 2019, 06:37:43 PM

Quote from: creeps on March 01, 2019, 01:37:59 PM

Quote from: mikyadel on February 21, 2019, 12:51:14 PM

Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?

Security should be your main concern and for me, if they have 24/7 support service then that can be a good sign of a good exchange. Yes, a lot of exchanges today with different functions and most of them is just a copy paste of other exchanges. Its ok to use more exchanges as long as you are not storing money on those exchanges, you can trade but never to hold on that.

Why to even mention security, that`s always important. If you wish to trade anywhere you check for daily volume, you can`t trade on place where people aren`t buying or selling. So you need active exchanges with many active people, the more the better. Except that trading fees, and withdrawing fees are important if you trade with small amounts. I always like to see some nice promotions, so if exchange have that, like some have, that can draw my attention. I just listed you what is most important for one exchange to have, without that they are empty and they are doomed to fail.

It's awful to trade on unknown nor unreliable exchange since the mere fact that we might get bad returns for trading at them we cannot also know that we are trading at the right platform since we cannot make sure that they are safe. So security and volume of traders is very important upon selecting a exchange to trade on.