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Topic: How do you define a good exchange? - page 8. (Read 7378 times)

full member
Activity: 1204
Merit: 162
February 08, 2021, 07:10:31 AM
Good exchange for me is the one that is here for longer period of time and the one which had problems and which they solved. Binance is one of them. They had some problems in past and they fixed it all so I believe them more then any other exchange. Maybe the fees are not the best but the trust is there.
newbie
Activity: 14
Merit: 0
February 08, 2021, 01:42:40 AM
For me, the definition of a good exchange is those that have considered and prioritize the needs and satisfaction of their users. When it comes to security or any transaction the user can say that is safe to place and trust for their assets.

You do not just simply enter your assets into an exchange just because it is recommended to you. It is still a good idea to do some research yourself so that you can be more aware of its advantages and disadvantages.

Especially if you plan to trade. It is best to do a background check first so that no matter what transaction you make, everything will be fine.

Me? i am currently in kucoin. Because this is what i prefer my assets and surely get good security, also where my questions can be answered immediately once I encountered a problem since it has 24/7 service. I actually keep trading and traded some coins here like BTC, XRP and ETH.


But remember, as a trader, it is still up to you how you will handle your cryptocurrencies, as long as you are aware of the market trend and carefully study the exchange you want to enter. Google and the official sites of each exchange are just there, you can visit it if you really want to be its user.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
February 07, 2021, 12:17:47 PM
There are many exchanges. Each exchange has different preferences. Personally I prefer secure and accessibility exchanges. I think there are a few features to keep in mind when choosing a crypto exchange. Features are: Completely secure, requires KYC verification, lower withdraw and trading and of course easy for contact service

In simple words, Binance is the best exchange for crypto currency trading and you do not need to go to any other exchange. It has all the qualities of a good exchange.
I only use binance and the only reason for me using any other exchange is in case a coin is not listed on binance which i want to swap.
hero member
Activity: 1260
Merit: 504
February 07, 2021, 10:25:24 AM
Actually, I accept that we all have a typical thought for a decent trade, that is profoundly gotten. Since the vast majority fear being assaulting by programmers, by and large they fear losing from being assaulted. I will see the interface, attempting to take a gander at the request purchase and offer, attempt to sort out the volume and the request, and on the off chance that I feel good with the trades, at that point I will attempt to send a few pieces to have a go at exchanging.
full member
Activity: 815
Merit: 101
February 07, 2021, 08:48:37 AM
low fee is the first point that is liked by many people. Nowadays large exchange transaction fees are causing people to feel heavy to be there. So I think you have to think about this point if you want to build an exchange
newbie
Activity: 12
Merit: 0
February 06, 2021, 04:17:51 AM
There are many exchanges. Each exchange has different preferences. Personally I prefer secure and accessibility exchanges. I think there are a few features to keep in mind when choosing a crypto exchange. Features are: Completely secure, requires KYC verification, lower withdraw and trading and of course easy for contact service

Yes, that is so and your statement is true. It can be difficult to choose an exchange from the many existing ones based on your own preferences. What a good exchange is can be defined in 2 ways:
- on personal experience, for a long time and with possible mistakes. 
- take advantage of the experience of other people, which seems preferable to me.
For example, people sometimes write exchange reviews about their experience, like here - https://cryptototem.com/okcoin-review/. Of course, this does not give 100% guarantees. There is no substitute for personal experience.
jr. member
Activity: 229
Merit: 1
February 06, 2021, 02:53:18 AM
I think most about the financial backer like me too. Binance is most secure site from 1-1.5 years so it is first trade for us. At that point different things like plan and so forth is significant for me. In the event that you need to make a decent trade, at that point at any rate focus on client support that is prepared consistently and furthermore has great security and is not difficult to utilize.
member
Activity: 372
Merit: 10
January 28, 2021, 04:38:48 PM
Good exchange means to me, need to be a comfortable exchange for treding where i could fine all featues available that i need. I think Decentralize exchanges are good cause they allow users give fee according to their need but centralize exchange charge huge fee.besides good exchange should have fast & responsive team for its user and withdraw & deposit should be done fast.hope you can understand what do people think
full member
Activity: 756
Merit: 107
Buzz App - Spin wheel, farm rewards
January 03, 2021, 01:41:25 PM
There are many exchanges. Each exchange has different preferences. Personally I prefer secure and accessibility exchanges. I think there are a few features to keep in mind when choosing a crypto exchange. Features are: Completely secure, requires KYC verification, lower withdraw and trading and of course easy for contact service
sr. member
Activity: 1492
Merit: 269
January 03, 2021, 06:32:24 AM
Hello to all the Bitcointalkers!


Waiting for your replies Smiley
Lugdunex
Any news about your Exchange ?because you have not Been  Online for Almost a Year now, Meaning this not come into progress?

I checked your Post History and Looks like you already Launched the Exchange ,Curious of what Does the Site progress now.

_____________________

Good Exchange Takes Time and Effort Before being Acknowledged by the user ,Because this Needs Trust and Security ,This will be the Sanctuary of our Funds so for Sure this is Not easy to Progress.
For me good exchange depend how process my withdraw and deposit faster because I found many exchange make manual when withdrawing assets from his exchange and give impact price down after receiving in other wallet and we have sell little lower price, maybe Binance always process withdraw and deposit most faster than other exchange right now and I like transaction there.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
January 03, 2021, 03:43:38 AM
Hello to all the Bitcointalkers!


Waiting for your replies Smiley
Lugdunex
Any news about your Exchange ?because you have not Been  Online for Almost a Year now, Meaning this not come into progress?

I checked your Post History and Looks like you already Launched the Exchange ,Curious of what Does the Site progress now.

_____________________

Good Exchange Takes Time and Effort Before being Acknowledged by the user ,Because this Needs Trust and Security ,This will be the Sanctuary of our Funds so for Sure this is Not easy to Progress.
member
Activity: 537
Merit: 10
January 03, 2021, 01:47:31 AM
I will see the interface, attempting to take a gander at the request purchase and offer, attempt to sort out the volume and the request, and on the off chance that I feel great with the trades, at that point I will attempt to send a few pieces to take a stab at exchanging. On the off chance that conceivable a trade with practically major altcoin is recorded and obviously a difficulty free, quick, and modest store and withdrawal.
full member
Activity: 1190
Merit: 117
January 02, 2021, 05:55:07 AM
Good exchanges in my version are those that have real volume, there are many choices of coins for trading, complete trading features,
fast support service and equipped with a sophisticated security system. If the criteria I mentioned are all available on the exchanges,
means that the exchanges are good and worth using. Of all the exchanges in circulation that have these criteria, Binance, Huobi,
Okex and Kraken.
sr. member
Activity: 1492
Merit: 269
January 02, 2021, 01:35:56 AM
I think all exchanger is good. Also you need to search in google top five exchange. Google give you best answer. I suggest you binance for buy sell cause regularly i trade in binance.
Easy way to know but I like and need answer from any trader have use some exchange before, I think this most worth answer because they have ever use which one good exchange for trading, they know almost exchange advantage and disadvantage because ever use when deposit, withdraw and how much fees transaction pay when withdraw or trade, better I am looking answer from some one have ever use exchange to know which one good exchange for trading.
sr. member
Activity: 672
Merit: 250
January 01, 2021, 09:07:08 PM
I think all exchanger is good. Also you need to search in google top five exchange. Google give you best answer. I suggest you binance for buy sell cause regularly i trade in binance.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
December 29, 2020, 05:39:52 PM
There is no barrier to define a good exchange. Different users have different view over different exchanges. Same is with the expectancy, because some expect much user friendly access which is found with almost every exchange. Other than this fast execution of trade, and zero bots are good. Low fees is much preferred along with good support team to give clarity on user needs.
newbie
Activity: 11
Merit: 0
December 11, 2020, 09:09:48 AM
I recommend trying Currency.com. Simple in use and user-friendly. Moreover, they are providing a contest. You cad read more on their Twitter https://twitter.com/CurrencyCom/status/1335945524428611584 or here: https://static.currency.com/static/Twitter-Flashmob-Rules.pdf
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 11, 2020, 06:25:19 AM
There will be a lot of demand in the market for exchange sites to say good exchange and every trader will trade safely There will be no scam scheme in the market for exchange each currency will be listed on the exchange. There will be no fear of losing to keep the currency in stock investors will easily exchange on the platforms Exchange sites must be monitored before trading.
newbie
Activity: 55
Merit: 0
December 11, 2020, 04:58:13 AM
Internal intuition. Joke Wink
In fact, before choosing a cryptocurrency exchange to trade, you need to follow a series of simple steps:
1) set the necessary search criteria for the exchange
2) analyze reviews
3) try to compare with other exchanges
I found for myself a very good Changelly pro exchange. If you are interested in reading the detailed information about this exchange, then this review very well reveals its functions. But never forget that choosing a cryptocurrency exchange is a very important step in trading.
sr. member
Activity: 897
Merit: 284
December 10, 2020, 03:47:07 AM
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

Good customer support, effortless withdrawal and deposit, high liquidity is my preferences when I choose exchange
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