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.
Well I think reputation covers everything. If an exchange is popular and has a good reputation, then there is no need for you going about and doing a research about it, though I was a bit disappointed at Binance on what happened this year, their exchange getting hacked or I don't even know if that's just a story they came up with but whatever it is, it was very disappointing. Anyway, there are still a lot of exchanges that has good reputation and are popular as well. There is Coinbase, though there are people who don't like them due to regulation. There are still others as well. A lot of people will tell you to check out their level of security, you only know what they let you know and that's it. Unless you will be looking for an exchange that has 2fa, if that's what you consider security.