Post
Topic
Board Trading Discussion
Re: What would you change about crypto Exchanges?
by
Sithara007
on 31/03/2019, 16:03:59 UTC
Hi everyone!

What do you not like about crypto exchanges? What do you think exchanges could do better?

Curious as to what you guys think!

First of all, they need to stop asking for the KYC from all the users. If I am a small time crypto user trying to sell my $10 worth of altcoin, then I have to go through this irritating KYC process. Do you think that is fair? KYC should be made mandatory only for the high volume traders. And secondly, they need to lower the withdrawal fee. Most of the exchanges are charging a fee of BTC0.001 to withdraw the coins, which I think is very unfair to the small traders.