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Topic: How do you define a good exchange? - page 22. (Read 7378 times)

newbie
Activity: 140
Merit: 0
April 24, 2019, 03:11:10 PM
I like reliable security in crypto exchange

Wdym?
Like prevention of public access to the servers by IP, encrypted sight of private keys, also HTTPS connection etc

These things make u feel loyal to some exchange platforms
Any examples of exchange w good security?
Here u go: https://velvet.exchange/#/

Thanks
newbie
Activity: 140
Merit: 0
April 24, 2019, 03:06:24 PM
I like reliable security in crypto exchange

Wdym?
Like prevention of public access to the servers by IP, encrypted sight of private keys, also HTTPS connection etc

These things make u feel loyal to some exchange platforms
Any examples of exchange w good security?
Here u go: https://velvet.exchange/#/
newbie
Activity: 140
Merit: 0
April 24, 2019, 03:02:55 PM
I like reliable security in crypto exchange

Wdym?
Like prevention of public access to the servers by IP, encrypted sight of private keys, also HTTPS connection etc

These things make u feel loyal to some exchange platforms
Any examples of exchange w good security?
newbie
Activity: 140
Merit: 0
April 24, 2019, 02:57:23 PM
I like reliable security in crypto exchange

Wdym?
Like prevention of public access to the servers by IP, encrypted sight of private keys, also HTTPS connection etc

These things make u feel loyal to some exchange platforms
newbie
Activity: 140
Merit: 0
April 24, 2019, 02:53:19 PM
I like reliable security in crypto exchange

Wdym?
Like prevention of public access to the servers by IP, encrypted sight of private keys, also HTTPS connection etc
newbie
Activity: 140
Merit: 0
April 24, 2019, 02:48:00 PM
I like reliable security in crypto exchange

Wdym?
newbie
Activity: 140
Merit: 0
April 24, 2019, 02:43:38 PM
I like reliable security in crypto exchange
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
April 24, 2019, 11:15:55 AM
I have read some replies in this thread and see that most of the definition of a good exchange is similar to each other.
But this reply is quite different from other definition.

Insurance is the only thing currently that I want and expect from an exchange. It could be hacked anytime but if it has an insurance, there is a possibility we could get back our investments. KYC is not such a problem if the exchange does have an insurance.

Really you have indicated a good thing that is really needed for every exchange so that The trader can trade freely without any afraid about hacking. But I think there is no exchange will take this step so easily. Thanks
copper member
Activity: 84
Merit: 1
Atronocom
April 24, 2019, 09:09:46 AM
#99
I think a good exchange is one that has a very smooth and user friendly interface that even a noob could be able to navigate through the exchange without any guidance .
A good exchange must have support staffs that are proactive in handling of issues if concerns to users and many more.
hero member
Activity: 924
Merit: 502
April 23, 2019, 06:45:08 PM
#98
There are many factors to define a good exchange; it depends on you if their features suits to you. However, I have known some main facotrs which I think everybody will agree. A good exchange must be user friendly, has low fee, optimized, and lastly it doesn't not support shitcoins.

That's good to be involved with user friendly exchange, but make sure it won't frustrate you in the end knowing that their trading site was lack of security in funds management. However, it doesn't matter if an exchange site definition was of complicated process as long as it provides us definite actions which entitled a secured trading activity. Don't care with the fees whether it's high or low because if you wanted quality support of an exchange it must be worth the price. Well, its their prerogative if some shitcoins are present with their trading; just focus on what coins you're going to trade.
hero member
Activity: 3052
Merit: 685
April 23, 2019, 05:11:17 PM
#97
There are many factors to define a good exchange; it depends on you if their features suits to you. However, I have known some main facotrs which I think everybody will agree. A good exchange must be user friendly, has low fee, optimized, ....

A decent exchange with a good volume does not really offer low fees since they are making money from it, so we can call it a competitive fee.

and lastly it doesn't not support shitcoins.

This one is hard to debate, we have different opinion on a certain coin, some sees an opportunity on a certain coin some sees it's just a shit coin.
However, if we will call it a scam coin, it would be easy to understand.
full member
Activity: 602
Merit: 103
April 23, 2019, 11:27:26 AM
#96

I want to build a good exchange, and for that I need to know your preferences.


I would suggest you to make your exchange have a better live support, great user interface, no lags, reasonable amount of trading and withdrawal fees, fast transaction confirmation, poll system for customer request, and a good standard for listing new coins to be traded.

I forgot, you need to be as secured as possible to keep your customers safe and please listen to them, they are part of the community the crypto sphere wants to take care of.
full member
Activity: 504
Merit: 100
April 23, 2019, 07:41:39 AM
#95
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 Smiley
Lugdunex

I just want everything fast in the withdraw and deposit time. Less fee when I made my successful trades and the same as withdrawing as well. I I also want a lot of volumes and seriously less shitcoin because even top exchanges just keep adding more and more.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
April 23, 2019, 07:38:16 AM
#94
Defining a good exchange for me hmmm.

I do say based on my experience to be a good exchange:
 • Fast Customer Support
 • Good Security
 • Friendly Used
 • Low Transaction Fee
 • Does Have a Good Positive Review
All of the above is necessary for one exchange to be successful. Nobody normal wouldnt use exchange without this conditions fulfilled. I`m using more than one exchange, reason for that is that not every exchange have same coins, same volume for those coins. New exchanges offer good promotions, now its trend that almost every exchange have its own token, I`m trying to be up to date with that, to have some binance tokens, kucoin shares, and some others.
In just couple years we have so mane exchanges on a rise, and couple of them crashing. New ones are coming and look what binance did in just short time, more than all other exchanges until now. Now you need to be a magician to break your way to the top.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
April 23, 2019, 07:37:23 AM
#93
There are many factors to define a good exchange; it depends on you if their features suits to you. However, I have known some main facotrs which I think everybody will agree. A good exchange must be user friendly, has low fee, optimized, and lastly it doesn't not support shitcoins.
member
Activity: 420
Merit: 10
April 23, 2019, 07:23:24 AM
#92
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 Smiley
Lugdunex
The most important things on the exchange is Safety including privacy guard for the costumer, also you can add some promotion perhaps? to increase Volume on your exchange. and that is not less important is low fees
many exchange on this days the fee is so ridiculous, you can setting up for this recommendation. Good luck wish you success and don't you dare to do a bad thing  Grin
hero member
Activity: 1834
Merit: 523
April 23, 2019, 07:13:04 AM
#91
If you want to buld good exchnages site you need to know what is most wants of the traders and you must know what they did not want.
mostly we are using exchanges site if the coin most listed is potential and also have high security and friendly features compared tot he other exchanges site who hard to understand. You need to priortize the trader in all time.
newbie
Activity: 101
Merit: 0
April 23, 2019, 06:11:31 AM
#90
Guys what do you think of mpcx's exchange?? They released the demo version on https://mpcx.co/ and they're also launching an IEO on probit but still I'm a bit sceptical...
newbie
Activity: 19
Merit: 0
April 23, 2019, 05:32:00 AM
#89
Wow, I was not on the forum this last week, I'm glad to see all these replies!
I will collect all of them and create some stats in order to rank them.

Feel free to continue posting replies whenever you want, I will manage to collect them as well.
sr. member
Activity: 744
Merit: 250
Vave.com - Crypto Casino
April 22, 2019, 09:34:14 AM
#88
Defining a good exchange for me hmmm.

I do say based on my experience to be a good exchange:
 • Fast Customer Support
 • Good Security
 • Friendly Used
 • Low Transaction Fee
 • Does Have a Good Positive Review
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