For some reason I still like to stick with poloniex while I also like binance specially because of the 50% less of the trading fee when you have BNB token. I think this s also what is needed to realized by new traders because transaction fee is getting bigger depending on BTC price. KCS and most probably the recent exchange that I might just be going to is the Midex.
Topic: How to Choose a Stock Exchange? (Read 622 times)
For some reason I still like to stick with poloniex while I also like binance specially because of the 50% less of the trading fee when you have BNB token. I think this s also what is needed to realized by new traders because transaction fee is getting bigger depending on BTC price. KCS and most probably the recent exchange that I might just be going to is the Midex.
The most important thing I choose to trade is to consider technical security issues. Exchanges without security guarantees must not go!
The second is to consider the issue of fees!
Finally consider the speed of recharge and the speed of the coin!
The second is to consider the issue of fees!
Finally consider the speed of recharge and the speed of the coin!
Support =/= technical team.
An exchange could have an extravagant design, and the fastest trade engines in the industry, but if it doesn't have a good customer support on which customers are able to depend on, then it's literally good for nothing at all.
That would be my main criteria if I were to choose an exchange, as well. The level of responsiveness from the support team is extremely important. If they are active on social media and answering queries there, then that's bonus points. I would rather use an exchange with a decent support team with small trading volume, than a big exchange with terrible support.
An exchange could have an extravagant design, and the fastest trade engines in the industry, but if it doesn't have a good customer support on which customers are able to depend on, then it's literally good for nothing at all.
That would be my main criteria if I were to choose an exchange, as well. The level of responsiveness from the support team is extremely important. If they are active on social media and answering queries there, then that's bonus points. I would rather use an exchange with a decent support team with small trading volume, than a big exchange with terrible support.
Of course, technical support is a very important factor because it will be the first step to communicating for all kinds of problems and support. For that reason, we have to make a choice by taking this factor into account so that when we have any problems, we will get an easy, fast and quality service.
Support =/= technical team.
An exchange could have an extravagant design, and the fastest trade engines in the industry, but if it doesn't have a good customer support on which customers are able to depend on, then it's literally good for nothing at all.
That would be my main criteria if I were to choose an exchange, as well. The level of responsiveness from the support team is extremely important. If they are active on social media and answering queries there, then that's bonus points. I would rather use an exchange with a decent support team with small trading volume, than a big exchange with terrible support.
An exchange could have an extravagant design, and the fastest trade engines in the industry, but if it doesn't have a good customer support on which customers are able to depend on, then it's literally good for nothing at all.
That would be my main criteria if I were to choose an exchange, as well. The level of responsiveness from the support team is extremely important. If they are active on social media and answering queries there, then that's bonus points. I would rather use an exchange with a decent support team with small trading volume, than a big exchange with terrible support.
Very very informative and useful post for newcomers in cryptocurrency trade. Choose the exchange already have a good reputation in the market and make sure they are supporting many coins. I don't want to use different exchange for each one coin, I'll try to keep them in one place so that I can alter them anytime.
Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
Another important factor is Support. On average how long it takes their support team to solve your ticket. This information is difficult to find, you can look at forums, thread dedicated to exchange. But don't believe everything you read there. Some people just spread fake news (maybe they come from competitor exchange) or they are complete noobs so they made mistake by themselves and then they expect that support team will solve their problems.Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
Certainly communication is a very important factor. It is important to be able to get a quick response whenever we need to ask any questions or any questions we have. Especially the crypto is worth every second in the money exchanges, so the technical support team in this sector is very important.
Very very informative and useful post for newcomers in cryptocurrency trade. Choose the exchange already have a good reputation in the market and make sure they are supporting many coins. I don't want to use different exchange for each one coin, I'll try to keep them in one place so that I can alter them anytime.
Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
Another important factor is Support. On average how long it takes their support team to solve your ticket. This information is difficult to find, you can look at forums, thread dedicated to exchange. But don't believe everything you read there. Some people just spread fake news (maybe they come from competitor exchange) or they are complete noobs so they made mistake by themselves and then they expect that support team will solve their problems. Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
For some reason I still like to stick with poloniex while I also like binance specially because of the 50% less of the trading fee when you have BNB token. I think this s also what is needed to realized by new traders because transaction fee is getting bigger depending on BTC price. KCS and most probably the recent exchange that I might just be going to is the Midex.
Choosing an exchange, it's always worth starting with research. The focus should be made on reputation, fees, payment methods, geographical location. Also, you can draw your attention to GUI and liquidity, maybe that's not so important but still. For example, if you're new in the world of cryptos, than it'd better to stick to a user-friendly exchange such as cex.io or coinmama.
I will remark this thread because it is helpful specially in the people who wants to invest in stock exchange. I am also looking for a tutorial wherein I can gather an information about cryptocurrency or stock exchange. Anyway, thank you for telling us your knowledge about trading. It will help us to know the basis of stock exchange.
At present the cryptocurrency market has a lot of commercial pages formed and create strong community engagement. For good Exchange evaluation you need to pay attention to account security, management support, transaction speed, transaction volume in day. Depending on the purpose of use you can choose the Exchange that suits you. I usually use Bitmex, Binance, Kucoin, Bittrex.
When I decide to find the stock market to open the account, I should find feedback or information about the experts as well as the brokers of that exchange. A good exchange is the floor with many professional brokers, they have expertise and deep knowledge. Moreover, their market analysis ability is also very good. I would choose such stock exchanges.
I'm easy on the choosing one stock exchange. I consider how people evaluate the floor, if there are many good reviews, so I believe that stock exchange is good. I am interested in the interest rates and costs that the floor offers and charges. I really want to choose one exchange which has low cost and high interest rates.
Certain important criteria should be kept in mind while choosing cryptocurrency exchange. Firstly location which is an important factor as Bitcoin exchanges are very low in most countries. Then mode of payment should be selected carefully as it saves fees and trouble. Also few services allow to pay with credit or debit card & the ones that do will make you pay for the convenience. Lastly currency to buy or sell must be decided as for many investors it's an easy decision to purchase Bitcoin because it's the well known currency. So before making any investment it's a good idea to do a research work on other currencies. 
I have a group of friends, we raise fund by our money and open different accounts on different stock exchange. And we do not always open accounts in the same stock exchange. We would like to compare the quality of our brokers to see which exchange has the best quality.
I agree that good stock exchange is the famous one, it must have a security system of good customer account. And when the transaction goes wrong, the stock exchange will inform and take responsibility for their customers. Do you think so?
I will remark this thread because it is helpful specially in the people who wants to invest in stock exchange. I am also looking for a tutorial wherein I can gather an information about cryptocurrency or stock exchange. Anyway, thank you for telling us your knowledge about trading. It will help us to know the basis of stock exchange.
At present the cryptocurrency market has a lot of commercial pages formed and create strong community engagement. For good Exchange evaluation you need to pay attention to account security, management support, transaction speed, transaction volume in day. Depending on the purpose of use you can choose the Exchange that suits you. I usually use Bitmex, Binance, Kucoin, Bittrex.
For friends who want to know about this topic, it is beneficial to keep it up to date.
Very very informative and useful post for newcomers in cryptocurrency trade. Choose the exchange already have a good reputation in the market and make sure they are supporting many coins. I don't want to use different exchange for each one coin, I'll try to keep them in one place so that I can alter them anytime.
Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
Basically, I look for 4 things when I choose exchange:
1. Trade volume
2. Ranking (Based on coinmarketcap)
3. 2fa security
4. Withdrawl fees (not much important)
Dear friend,
If you want i can add your quote in main topic. (First message)
For friends who want to know about this topic, it is beneficial to keep it up to date.
Uuhm… maybe you should change the topic to report every bad experience you have had with cryptocurrencies LOL, at least that way lots of people will like to post about their experiences making use of Bitcoin and how they happened to sort out the problem. But nice post anyway. Thanks for your comment.
For friends who want to know about this topic, it is beneficial to keep it up to date.
Uuhm… maybe you should change the topic to report every bad experience you have had with cryptocurrencies LOL, at least that way lots of people will like to post about their experiences making use of Bitcoin and how they happened to sort out the problem. But nice post anyway. For friends who want to know about this topic, it is beneficial to keep it up to date.
yes, its benefiacial to keep it
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