Topic: exchange problems - page 2. (Read 602 times)
for us also the biggest and also reliable, for us you can trade in market .hitbtc, binance, poloniex and also in bittrex, for us also will easy to get profit, and also many new coins there.
I like add few more problems that the traders are experiencing with most of exchanges.
Traders must have to deposit more than the minimum amount that the exchange ask for a particular coin. If the trader deposited less than the asking minimum deposit amount they will loose that amount.
The other issue is that traders have to trade more than a certain amount in order to execute the trade. If a trader wants to trade a small amount, he/she won't be able to trade with these limitation.
One of major drawback of decentralized exchanges run on Ethereum blockchain is extra fee that the trader has to pay as the GAS cost. If the GAS cost went lot higher, trader will be ended up with paying considerable amount of GAS fees.
Traders should aware of these things before they trading.
Traders must have to deposit more than the minimum amount that the exchange ask for a particular coin. If the trader deposited less than the asking minimum deposit amount they will loose that amount.
The other issue is that traders have to trade more than a certain amount in order to execute the trade. If a trader wants to trade a small amount, he/she won't be able to trade with these limitation.
One of major drawback of decentralized exchanges run on Ethereum blockchain is extra fee that the trader has to pay as the GAS cost. If the GAS cost went lot higher, trader will be ended up with paying considerable amount of GAS fees.
Traders should aware of these things before they trading.
hi all,
i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
actually there are circumstances that some tradings exchanges have higher fare rate while at the same time is not secure to make trading due to some factors of hacking just like happen in other trading exchange like binance,and etherdelta,thats was victim of hacking before,and this idex thats you said that when you making a transaction just asking your private key,and i'm thinking thats this not secure kind of transaction with a higher amount of processing fee. i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
Sometimes fees on IDEX,forkdelta and etherdelta are much higher than other exchanges. And just imagine they also charge you when you cancel your sell/buy order. Most of the exchanges don't charge when you do this. This is my problem in exchanging in decentralized exchangers but we can't do anything about that as most of the tokens we sell or buy are only on this exchanges at first.
1. If you're going to deposit a big amounts, deposit them in small portions as exchanges have deposit (technical) issues so If for some reason the deposit didn't go through, you won't lose everything.
2. Always withdraw your funds as soon as you finish trading, exchanges can close your account and enforce KYC/AML verification without prior notice.
3. Always take a backup of your 2FA. An exchange may not be able to help you If you lose it.
And no, just because an exchange is charging higher fees, doesn't mean that It's more secure or safer.
2. Always withdraw your funds as soon as you finish trading, exchanges can close your account and enforce KYC/AML verification without prior notice.
3. Always take a backup of your 2FA. An exchange may not be able to help you If you lose it.
And no, just because an exchange is charging higher fees, doesn't mean that It's more secure or safer.
Oh thanks for the info but in our country we have called coin ph and the max withdraw for atm is 1000$ per day so how will withdraw all of your funds ?
hi all,
i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
if for me wherever the exchange for us to trade certainly has some disadvantages, if we say fi a crypto exchange for me does not pledge for security for people who trade in it, maybe if for example there are small problems most likely still can be helped for us solve it, so everything is at risk and we should be careful of. i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
I do not know how true, but it is told what has been played by the exchanges. There are many hacking so do not put all your coins and tokens in exchange. And do not leave it all in the stock. After you trade, remove it. It's mostly a problem with the exchange
This is why it is advisable to store your money in the original purse and not swap because they can be attacked at any time eg Bithumb and coinrail exchange rumors. Exchanging requires too much expense when you will withdraw your money or even in the transaction.
Its true every transaction taking some times. But it’s true in recent time every project taking some initiative for their technology development. So in near future this problem will eliminate.
A higher fees doesn’t guarantee security. It is better to take out funds once the work is done. If we are to deal with a huge amount, it will be a wise move to ration out the portions, i.e. to deposit in smaller amount. And lastly, always have backups.
The higher exchange fees is one of the common problem of all traders in crypto trading industry. Some exchanges are requiring too much cost of fees when you are going to withdraw your coins or even in trading. And also the popularity of exchanges are one of the problem of traders because some token or coin are not being listed on where did they want to list theirs cryptos.
There has been a lot of hacking so don't put in all your coins and tokens in one exchange. And please dont leave it all on the exchanges. After you trade, take it out.
Security is really the problem right now because of hacking from place to other places, and people who knows cryptocurrency are panicking around the world. Higher fees doesn't mean a good and secured exchange so don't trust much your exchanges always play on the safe side withdraw as long as possible.
There are some rules that you need to follow before exchanging your coins. Firstly , deposit your coins in small amount if you are thinking exchanging a bi amount. Secondly, if an exchange is asking for higher fee, it does not mean that it would be more secure.
the main problem that requires attention
mail protection
2 fa protection
verification
storage of these keys on a separate flash drive
decentralized exchanges are not very convenient yet, although they are safe in a sense
mail protection
2 fa protection
verification
storage of these keys on a separate flash drive
decentralized exchanges are not very convenient yet, although they are safe in a sense
Nowadays its really matter of problem that exchange wants high fees from customers also this make people de motivated also if we finished our transaction after trading also you can took a back and you can find in internet for better results because you will find good suggestions.
hi all,
i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
expensive transaction costs on the exchange does not mean it ensures security, especially hackers with fake web spreaders often occur because the web is still weak and easily duplicated by hackers, all exchanges actually have their own risks and have weaknesses, my opinion all exchanges are not a safe place to save funds you i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
hi all,
i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
i want to know the problems involve in most exchanges and how can we overcome such problems.
mostly some exchange withrawals fees are very high e.g IDEX exchange, wen trading now does it mean that it is safe and secured for trading?
please i need your idea or oppinion.
You dont need to worry about the high fees and i think in IDEX, the fee is standard.
High fees doesnt mean that exchange not safe. You should suspect the exchange with very low fees.
Fee is not a guarantee that an exchange is secure from hacks or that they are exchanges with a good reputation. In fact, high fee to me means the exchange is poor and inefficient.try and stick with exchange that have shown to be customer friendly and with good reviews from previous users.
I would like to say that we should not be dependent upon one exchange whenever there lot of exchanges. one thing more main problem is hacking.so we should be alert for securit yet purpose.
Always choose a secured exchanged, now days lot of exchanges are available for crypto currency trading,I am using many exchanges and I selected only high value exchange, even if the exchange fee is high but the problem is secured in exchanges,2fa,email verification these all functions is secured exchange and better to keep the coins in wallet instead of exchanges.
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