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Topic: How to Choose a Stock Exchange? - page 2. (Read 562 times)

full member
Activity: 532
Merit: 101
March 21, 2018, 02:08:57 AM
#26
All friends who enter the crypto money market will first encounter the exchange term. This is the name given to the economy markets as it is understood in the name of this word that you can also hear in your everyday life. So what should new investors have to be aware of when choosing a stock exchange for their investments? Here are a few key elements to be done and checked during the stock market selection for crypto money trade;

Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

Server and Location: The servers used must be of high quality for processing speed or for wave markets. It is also important which company supports the server, how good it is, and how good the server providing the server is. A server that is constantly crashing can be negatively affected by financial users. In addition, the server location is located in which country, it is useful to check. Servers hosted in different countries can often be risky for the stock market.

Technical Team: When you have a problem or difficulty, it will be helpful to know the speed of this team because the technical team will be interested in you. Remember that the time is cash and crypto money market is changing within seconds.

Payment Options: Payment options are also an important factor. Banks with low payment methods may experience difficulties in commission rates but in the same way, it is possible to have difficulties in payment because the cash reserves will be distributed to different areas in the stock market with many payment methods.

In this article I have informed you about the ''Points to be taken care of when choosing the stock market.'' If you have the parts that you want to add, you can support comments and forum members by commenting.

• This article is owned by BitcoinTalk user BitcoinTurk. Copying and sharing without reference is prohibited. Shared with references.

• In the frame of respect for labor, the subject is open to all kinds of debates.

• I apologize for any mistakes, misspellings and / or misspellings made because my English level is not advanced.
The information you gave is good, though it mostly has to do with buying and selling cryptocurrency on exchangers. I support the one of having a technical team, that is in fact the most important thing. I know some of you might not support that, but for me it is very, very important more than the others. If the exchanger is good but has a bad support team, then it makes no sense cause one day you will surely have a problem that will require an immediate support from the team, but will end up waiting forever.
member
Activity: 742
Merit: 12
March 20, 2018, 01:50:17 PM
#25
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)
sr. member
Activity: 630
Merit: 272
March 20, 2018, 01:30:12 PM
#24
Choose the top five exchanges in the world!

I recommend Binance! In less than a year, it became the third-largest encrypted currency exchange with more than a million users.

The transaction is stable and fluent, supporting multiple languages, covering multiple platforms, unique PC clients,

With very comfortable recharge and currency experience, the most important currency is low fees!

I recommend Binance too because it is the best one in crypto world. It is safier market and it have huge amount of traders accounts. It means it's volume good too.
Binance is a good exchange, but it has the most complicated verification system. All documents that must be submitted must be filled in the Latin alphabet. Many countries do not use the Latin alphabet. In order to provide the necessary documents you need to have a certified copy in the translation Agency. Bank documents are not accepted to confirm the address. Many people live in rented apartments and are unable to provide an invoice for payment of utilities in his name. What to do in this case? There is no list of supported countries.
hero member
Activity: 1624
Merit: 624
March 20, 2018, 01:03:52 PM
#23
For friends who want to know about this topic, it is beneficial to keep it up to date.
hero member
Activity: 1624
Merit: 624
March 18, 2018, 11:03:10 AM
#22
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.

Thanks for your beautiful comment. I am happy if my knowledge and experience have contributed to you.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
March 17, 2018, 10:05:06 AM
#21
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.
hero member
Activity: 1624
Merit: 624
March 13, 2018, 10:26:38 AM
#20
One of the big things that you're missing here is the security of the exchange and the support that comes with it. Those are two insanely important things that much be addressed when you're getting involved in an exchange. You're going to want to have great support, so if an issue does ever arise it could be fixed easily without you losing any money.

Plus, for security, I'm only going to use an exchange which uses 2FA, encryption, etc. It's my money we're talking about here, it MUST be safe.

Thank you for your comment.

The only thing you need to make sure is that they have the coins you like, and apart from that is just a question of keeping the expenses low and the benefits flowing in.

Thank you for your comment.

I like large exchanges like bittrex because they have a huge amount of coins and pairs and they look safer than the ones that are just new and have little pairs to play with.

Thank you for your comment.

Good information provided in OP...These are key factors that should really be considered before start trading on an exchange. There are some worse examples happened in the past which had given some bitter experiences to the traders/investors. So it's better to be wise than to regret later.

Thank you for your comment.
sr. member
Activity: 518
Merit: 257
March 11, 2018, 07:02:06 PM
#19
Good information provided in OP...These are key factors that should really be considered before start trading on an exchange. There are some worse examples happened in the past which had given some bitter experiences to the traders/investors. So it's better to be wise than to regret later.
member
Activity: 224
Merit: 10
March 11, 2018, 05:04:59 PM
#18
I like large exchanges like bittrex because they have a huge amount of coins and pairs and they look safer than the ones that are just new and have little pairs to play with.
member
Activity: 238
Merit: 11
March 11, 2018, 03:58:37 PM
#17
The only thing you need to make sure is that they have the coins you like, and apart from that is just a question of keeping the expenses low and the benefits flowing in.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
March 11, 2018, 02:57:45 PM
#16
One of the big things that you're missing here is the security of the exchange and the support that comes with it. Those are two insanely important things that much be addressed when you're getting involved in an exchange. You're going to want to have great support, so if an issue does ever arise it could be fixed easily without you losing any money.

Plus, for security, I'm only going to use an exchange which uses 2FA, encryption, etc. It's my money we're talking about here, it MUST be safe.
hero member
Activity: 1624
Merit: 624
March 11, 2018, 11:27:15 AM
#15
For friends who want to know about this topic, it is beneficial to keep it up to date.
hero member
Activity: 1624
Merit: 624
March 08, 2018, 10:49:46 AM
#14
Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.


I choose the oldest bitcoin exchange in my country as it  had a lot of users. But still has quite a lot of difference in buy and sell price. I had to switch to a new exchange because of this which was good in this aspect. I see a lot of new users joining this exchange even if it is new.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

I did not had any trouble so far using the features on the new exchange but my brother was not able to buy. He contacted the support on call and they fixed the issue in minutes. So, this advice is also very practical.

Thanks for your good comment. Smiley
hero member
Activity: 1624
Merit: 624
March 07, 2018, 12:52:49 PM
#13
This is some very useful information about selecting a better cryto exchange. This will help many new people to learn more about trading and also earn good profits from it. I would like to say the main fact about selecting is checking the amount of traffic on the exchange as it is a very important fact for selecting a great exchange.

Thanks for your comment. The high number of visitors is high in proportion to the volume of stock market sites.
sr. member
Activity: 1288
Merit: 415
March 06, 2018, 12:48:09 PM
#12
This is some very useful information about selecting a better cryto exchange. This will help many new people to learn more about trading and also earn good profits from it. I would like to say the main fact about selecting is checking the amount of traffic on the exchange as it is a very important fact for selecting a great exchange.
legendary
Activity: 2492
Merit: 1332
March 06, 2018, 12:36:23 PM
#11
I think that you are focusing on very lateral things. The first thing to consider if you are a trader are fees. So the best exchange for you may not be the best exchange for others. Also, you don´t need to choose, you have to be in several ones.
The fees should be one of the things at the top when deciding what exchange to see especially if you are a day trader but in my opinion the first thing you need to look is how secure are your coins, how many times the exchange has been hacked? How many scam accusations the exchange has? How fast is the withdrawal and does it happens without any problem?
sr. member
Activity: 687
Merit: 301
March 06, 2018, 11:47:27 AM
#10
Choose the top five exchanges in the world!

I recommend Binance! In less than a year, it became the third-largest encrypted currency exchange with more than a million users.

The transaction is stable and fluent, supporting multiple languages, covering multiple platforms, unique PC clients,

With very comfortable recharge and currency experience, the most important currency is low fees!

I agree Binance has become really big. It is an exchange I like to use and so far I have had zero problems with it. Personally I think Cobinhood will be the next one to see such an insane growth like Binance. It has zero trading fees and tries to differentiate themselves with a lottery and contest. Just like Binance differentiate themselves with their trading contests which gives you a chance to win a Tesla or a Mercedes.
jr. member
Activity: 98
Merit: 4
March 06, 2018, 11:40:03 AM
#9
Volume: This is definitely the most important and the first element to be checked. Volume, which is an important factor determining the quality of a stock exchange, is of great importance in the experience of the users. It is important to remember that high volume is required for fast operation. In addition, there are often serious price differences between buying and selling rates in low-volume stock markets.


I choose the oldest bitcoin exchange in my country as it  had a lot of users. But still has quite a lot of difference in buy and sell price. I had to switch to a new exchange because of this which was good in this aspect. I see a lot of new users joining this exchange even if it is new.

Communication Information: Communication is another way of controlling your investment as a stock exchange is an important factor for securing your trust. Given the current and correct address, it would be useful not to take action without the certainty that the numbers given are corporate numbers and that they can be reached within the given number of hours.

I did not had any trouble so far using the features on the new exchange but my brother was not able to buy. He contacted the support on call and they fixed the issue in minutes. So, this advice is also very practical.
hero member
Activity: 1624
Merit: 624
March 06, 2018, 10:58:48 AM
#8
It was an explanatory article explaining what new investors should pay attention to while selecting the stock market. Many criteria include important information, as well as suggestions for new investors.

Thank you for your comment, my goal is to help new investors as soon as possible.
member
Activity: 223
Merit: 11
March 06, 2018, 10:48:36 AM
#7
It was an explanatory article explaining what new investors should pay attention to while selecting the stock market. Many criteria include important information, as well as suggestions for new investors.
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