Each person selects the exchanger individually based on the purpose . So I think it is up to you which type of exchanger you have to select. If you want low withdrawal fee or free withdrawal then you can use FTX exchanger. Moreover, you can choose Binance as the best exchanger for trading, here you will get various extra facilities like flexible staking savings and many more things like they have also their own defi-wallet . All things considered, these two exchangers seem to me to be the most perfect for all purposes.
There are different exchanges we can use to place trade and keep our funds depending on what we want how the kind of exchange that we need whether a centralized one of decentralized one. Since we can always buy what we want or exchange the coin that we want on a centralized exchange without them having our KYC then that is good and for decentralized, our info will always be needed. 
Topic: How do you define a good exchange? (Read 7118 times)
Based on the listing of coins as well as the support from the team when there is some issues. Apart from this it is must to take into consideration the trading volume and the trading pairs available. Security is much important, because if lost we can't do anything. Exchange like Binance have got good backing to support unexpected security breach.
Each person selects the exchanger individually based on the purpose . So I think it is up to you which type of exchanger you have to select. If you want low withdrawal fee or free withdrawal then you can use FTX exchanger. Moreover, you can choose Binance as the best exchanger for trading, here you will get various extra facilities like flexible staking savings and many more things like they have also their own defi-wallet . All things considered, these two exchangers seem to me to be the most perfect for all purposes.
A good exchange is some what like binance, it has a good volume and most of the coin that listed on this exchange will rise, it has a very expensive listing fee but it will make the projects more popular to big investors, it is reputable and has a very amazing developer with a very high security you will feel very safe for your funds.
While choosing a good exchange, one must choose the name price and the trading volume of the platform in 24 hours.There are some exchanges that don't sound very good. There are some exchanges that have very low 24 hour trading volume.We have to choose the trading platform considering all these factors.For example, a good exchange is Binance Kucoin etc.You will have no problem choosing all the exchanges that have these two exchange features.
I define a good exchange in two ways...
According to Design of the Exchange:
I have heard an experience that I wanted to use an exchange that was recommended to be because it was very secured, when I logged into the exchange, I couldn't navigate the exchange to convert or trade coins. I was obviously lost, it is not because I am new to using exchanges because I have been using them for long.
It is because the design of the site was not User Friendly. I love it simple and unique and not to be obsessed by too many colours. With that I am comfortable with the design.
Secondly, the reputation of the exchange. I cannot have coins in an exchange and be finding it difficult to sleep because the coin is not safe or because I pressume that the coin is not safe. When an exchange is very secure, it will have good reputation in the future. That is why is stick to binance.
We know that setting up your own exchange is no joke and there is a lot to submit to the government agency, and it also requires a large amount of money before you can operate. And he can't handle it alone of course.
But I don't think he has made his own exchange yet because if he has one, he will immediately announce it here on the forum in my opinion.
If you read what he said you will observe that he said that he is a full stack developer, which means he is able to work on both front-end and back end. This means it will not be a problem to develop the exchange with his team and if he has a lawyer, all the paper works won't be difficult depending on the country he resides.
According to Design of the Exchange:
I have heard an experience that I wanted to use an exchange that was recommended to be because it was very secured, when I logged into the exchange, I couldn't navigate the exchange to convert or trade coins. I was obviously lost, it is not because I am new to using exchanges because I have been using them for long.
It is because the design of the site was not User Friendly. I love it simple and unique and not to be obsessed by too many colours. With that I am comfortable with the design.
Secondly, the reputation of the exchange. I cannot have coins in an exchange and be finding it difficult to sleep because the coin is not safe or because I pressume that the coin is not safe. When an exchange is very secure, it will have good reputation in the future. That is why is stick to binance.
We know that setting up your own exchange is no joke and there is a lot to submit to the government agency, and it also requires a large amount of money before you can operate. And he can't handle it alone of course.
But I don't think he has made his own exchange yet because if he has one, he will immediately announce it here on the forum in my opinion.
If you read what he said you will observe that he said that he is a full stack developer, which means he is able to work on both front-end and back end. This means it will not be a problem to develop the exchange with his team and if he has a lawyer, all the paper works won't be difficult depending on the country he resides.
Good design is just useless for an exchange. I mean there is no point in the design if the exchange turns out to be a fake exchange.
Rather before choosing the exchange, it would be great if you can do a background research of the exchange.
There are many exchanges present in the market, but we should choose the one which has easy interface and are there in the market for long time.
Currently Kucoin and Binance and the best exchanges if anyone is looking for.
I define a good exchange in two ways...
According to Design of the Exchange:
I have heard an experience that I wanted to use an exchange that was recommended to be because it was very secured, when I logged into the exchange, I couldn't navigate the exchange to convert or trade coins. I was obviously lost, it is not because I am new to using exchanges because I have been using them for long.
It is because the design of the site was not User Friendly. I love it simple and unique and not to be obsessed by too many colours. With that I am comfortable with the design.
Secondly, the reputation of the exchange. I cannot have coins in an exchange and be finding it difficult to sleep because the coin is not safe or because I pressume that the coin is not safe. When an exchange is very secure, it will have good reputation in the future. That is why is stick to binance.
We know that setting up your own exchange is no joke and there is a lot to submit to the government agency, and it also requires a large amount of money before you can operate. And he can't handle it alone of course.
But I don't think he has made his own exchange yet because if he has one, he will immediately announce it here on the forum in my opinion.
If you read what he said you will observe that he said that he is a full stack developer, which means he is able to work on both front-end and back end. This means it will not be a problem to develop the exchange with his team and if he has a lawyer, all the paper works won't be difficult depending on the country he resides.
According to Design of the Exchange:
I have heard an experience that I wanted to use an exchange that was recommended to be because it was very secured, when I logged into the exchange, I couldn't navigate the exchange to convert or trade coins. I was obviously lost, it is not because I am new to using exchanges because I have been using them for long.
It is because the design of the site was not User Friendly. I love it simple and unique and not to be obsessed by too many colours. With that I am comfortable with the design.
Secondly, the reputation of the exchange. I cannot have coins in an exchange and be finding it difficult to sleep because the coin is not safe or because I pressume that the coin is not safe. When an exchange is very secure, it will have good reputation in the future. That is why is stick to binance.
We know that setting up your own exchange is no joke and there is a lot to submit to the government agency, and it also requires a large amount of money before you can operate. And he can't handle it alone of course.
But I don't think he has made his own exchange yet because if he has one, he will immediately announce it here on the forum in my opinion.
If you read what he said you will observe that he said that he is a full stack developer, which means he is able to work on both front-end and back end. This means it will not be a problem to develop the exchange with his team and if he has a lawyer, all the paper works won't be difficult depending on the country he resides.
Hello to all the Bitcointalkers!
Because it is my first post, I have, at least, to present myself in several words. I am a coins/tokens dev and web developer full stack.
After several years of crypto experience, I decided to create my own project. It is not a coin, nor a token (there is already plenty of ERC20 tokens and coins), it is a cryptocurrency exchange.
There is already some exchanges available on the web, but I would like to build one which may fit to Bitcointalk users, it's why I opened this thread, and ask you today what do you like the most in crypto exchanges, as well as the things that you dislike. It can be specific features, themes, properties...
I want to build a good exchange, and for that I need to know your preferences.
Waiting for your replies
Lugdunex
Because it is my first post, I have, at least, to present myself in several words. I am a coins/tokens dev and web developer full stack.
After several years of crypto experience, I decided to create my own project. It is not a coin, nor a token (there is already plenty of ERC20 tokens and coins), it is a cryptocurrency exchange.
There is already some exchanges available on the web, but I would like to build one which may fit to Bitcointalk users, it's why I opened this thread, and ask you today what do you like the most in crypto exchanges, as well as the things that you dislike. It can be specific features, themes, properties...
I want to build a good exchange, and for that I need to know your preferences.
Waiting for your replies
Lugdunex
It's been about five months since OP started this topic here in the forum. How is he? Has he created or started his own exchange in the crypto space? Maybe OP somehow got some great ideas from those who have been in the cryptocurrency industry for a while.
We know that setting up your own exchange is no joke and there is a lot to submit to the government agency, and it also requires a large amount of money before you can operate. And he can't handle it alone of course.
But I don't think he has made his own exchange yet because if he has one, he will immediately announce it here on the forum in my opinion.
each exchange has its own differences, I see that currently the most prioritized is the transaction fee. if an exchange has a small transaction fee I think it can be faster to develop than an exchange that has a high transaction fee. This is what many people talk about nowadays.
But what if the exchange has the lowest commissions, but there are many reviews regarding this exchange that it freezes accounts, or funds disappear from the accounts? Of course, all this can be avoided if you do not store your funds on the exchange, which will be the most correct decision. Probably the commission indicator is not the most important, although many people certainly pay attention to it.
You are absolutely right protection of Investors funds is most important factor before we decide to join any exchange and I think Coinbase & Bianance exchanges maintain reliable security system as far I know but of course there are other exchanges who might have equally reliable security system but I have experience of dealing with only these 2 exchanges. Sometimes passwords and even two-factor authentication can’t protect exchanges due to authentication by-passing issue which also makes your account vulnerable to hackers attack. This is also vulnerable area which we need to look at exchanges protection system against such threats. DYOR
https://ideasoft.io/blog/the-best-crypto-exchange-security-features/
A crypto exchange investor's main goal is to protect his assets. In other words, safety is his first concern. The second one is the trading commission of that exchange, followed by the popularity of that exchange. If you agree with some of these things positively, then you can keep it in your list of good exchanges.
Looking at binance , kucoin and other exchanges from there service been given everything is in other there support is active one there is an issue you can massage them and you get an instant reply from them compare to some exchanges they , for me I use exchanges that am familiar with am always scared of new exchanges , so as for me good exchanges have good service.
I agree the support of good exchanges is the one that makes them popular with everyone. It's an important part of an exchange when they're easily approached for any issue that a customer has met. Because if they're not that easy with their support and they're making it hard for a customer to reach them out, that's where most of the customers are going to be out because no one is there to help there on their own platforms. 
For a good exchange first of all there should not be a fake Volume like most of other exchange doing. Kyc should not be so difficult because most of investors does not like kyc option because of privacy. For good exchange I think its must task to do some marketing and should be available for all countries. Credit card buy and sell fee should be very low. Withdraw and deposit should be instant.
Hello to all the Bitcointalkers!
Because it is my first post, I have, at least, to present myself in several words. I am a coins/tokens dev and web developer full stack.
After several years of crypto experience, I decided to create my own project. It is not a coin, nor a token (there is already plenty of ERC20 tokens and coins), it is a cryptocurrency exchange.
There is already some exchanges available on the web, but I would like to build one which may fit to Bitcointalk users, it's why I opened this thread, and ask you today what do you like the most in crypto exchanges, as well as the things that you dislike. It can be specific features, themes, properties...
I want to build a good exchange, and for that I need to know your preferences.
Waiting for your replies
Lugdunex
Because it is my first post, I have, at least, to present myself in several words. I am a coins/tokens dev and web developer full stack.
After several years of crypto experience, I decided to create my own project. It is not a coin, nor a token (there is already plenty of ERC20 tokens and coins), it is a cryptocurrency exchange.
There is already some exchanges available on the web, but I would like to build one which may fit to Bitcointalk users, it's why I opened this thread, and ask you today what do you like the most in crypto exchanges, as well as the things that you dislike. It can be specific features, themes, properties...
I want to build a good exchange, and for that I need to know your preferences.
Waiting for your replies
Lugdunex
My first criteria to choose a crypto trading exchange is security system which should ensure protection against hacking as well as like Investor's fund should have insurance coverage like Binance does. The other factors like Liquidity, Easy & smooth withdrawal of funds, trading fee, daily trading volume of exchange and number of trading pairs available for trading are also important to make your investment/trading profitable on exchange.
It's really easy, the biggest exchange is the best exchange. Only because many traders go there to trade, which indicates that many people trust it, therefore in terms of the security of your money I think you cannot complain about safety for example to Binance. And in my opinion, the biggest exchange makes them famous, so why trade on a new exchange when there are already large exchanges that can ensure the security of your money?
I think you got a point there. How can they become big anyway if they are not good right? But I think that big exchanges still have some issues or disadvantages like they are too strict, they require a KYC, the fees are high, and so on.And I think some of us just don't like those rules but they better prefer a not-so-big exchange and experience the things that they truly wanted. At the end of the day, what important is one's satisfaction and not that you use it only because many people are using it. Anyway, it's been a long time since the @OP opened this topic, I wonder if what is the status of his project? I hope the exchange is still doign well.
Looking at binance , kucoin and other exchanges from there service been given everything is in other there support is active one there is an issue you can massage them and you get an instant reply from them compare to some exchanges they , for me I use exchanges that am familiar with am always scared of new exchanges , so as for me good exchanges have good service.
When choosing an exchange, people are concerned about transaction fees and security. Some exchanges have very high fees which I don't like either. Also the security should be strong so that you feel secure in your funds. So, I think the best exchange is the one that has many users and is trusted by many traders with high volume and already popular.
It's really easy, the biggest exchange is the best exchange. Only because many traders go there to trade, which indicates that many people trust it, therefore in terms of the security of your money I think you cannot complain about safety for example to Binance. And in my opinion, the biggest exchange makes them famous, so why trade on a new exchange when there are already large exchanges that can ensure the security of your money?
Well, I guess many exchanges serve different features at their exchange like their fees, their security, their interface, and their customer service are different too between a big exchange and a small one. Mostly I used an exchange that had good customer service and was not laggy because I'm not using high-end pc/laptop of course security comes first.
government regulations do really becomes even more tighter as the years passing and this is something inevitable.People would really be just mainly be focusing on what a platform can offer.
Also, GUI/GUX are also a factor for people to decide and some good reputable standing on overall market and also with its popularity.
You could already determine on what are those qualities when you do look on most popular and reputable exchange platforms as of today.
It's really easy, the biggest exchange is the best exchange. Only because many traders go there to trade, which indicates that many people trust it, therefore in terms of the security of your money I think you cannot complain about safety for example to Binance. And in my opinion, the biggest exchange makes them famous, so why trade on a new exchange when there are already large exchanges that can ensure the security of your money?
Well, I guess many exchanges serve different features at their exchange like their fees, their security, their interface, and their customer service are different too between a big exchange and a small one. Mostly I used an exchange that had good customer service and was not laggy because I'm not using high-end pc/laptop of course security comes first.
At the same time I have sectioned which have many problems and also saw some exchangers which have many advantages and many disadvantages which should be avoided and those which are very easy to trade and do everything I think it would be better to use.
It's really easy, the biggest exchange is the best exchange. Only because many traders go there to trade, which indicates that many people trust it, therefore in terms of the security of your money I think you cannot complain about safety for example to Binance. And in my opinion, the biggest exchange makes them famous, so why trade on a new exchange when there are already large exchanges that can ensure the security of your money?
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