Post
Topic
Board Marketplace
Re: what are the things to consider when looking for a good exchange?
by
KEPLER99
on 08/07/2019, 09:18:04 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.
Security is what most people are looking out for when they are signing up for a new exchange… But sometimes you also have to play your own role in ensuring the safety of your account on any platform you're making use of. Just like some people would tell you, never store your money on an exchange except the amount you're trading with, apart from that, nothing else should be stored on an exchange, cause they are online and can be hacked at anytime and stolen. So you playing your own part is also very important to ensure that you're safe. And like you have said, having the two factor authentication is very important… but I don't know secured it can be though..