Topic: How to Choose a Stock Exchange? (Read 622 times)

Indeed, the cost of transactions is relatively high. This charge also affects the market. They are thinking they are monopoly units and hardly anybody can replace them. But they have mistakenly will have low-cost and well-received trading floors, of course, high transaction costs will bye bye.

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!

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.

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.

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.

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 think we can choose it here http://www.adigunawan.id/2017/06/situs-bursa-bitcoin-exchange-terbaik-dan-terpercaya-didunia.html lots of exchangers on the stock cryptoworlds, but with 12 top exchangers at this you can choose based on the trust of bitcoiner

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?

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.

Dear friend,

If you want i can add your quote in main topic. (First message)

Thanks for your comment.

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.

yes, its benefiacial to keep it

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.

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)

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.

For friends who want to know about this topic, it is beneficial to keep it up to date.

Thanks for your beautiful comment. I am happy if my knowledge and experience have contributed to you.

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.

Thank you for your comment.


Thank you for your comment.


Thank you for your comment.


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.

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.

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.

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.

For friends who want to know about this topic, it is beneficial to keep it up to date.

Thanks for your good comment.

Thanks for your comment. The high number of visitors is high in proportion to the volume of stock market sites.

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.

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?

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.

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.


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.

Thank you for your comment, my goal is to help new investors as soon as possible.

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.

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.

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!

Your small guide is probably about buying and selling bitcoins, usually when people choose an exchange to trade cryptocurrencies in, they choose an exchange that supports only cryptocurrency trades, and don't support fiat trades( Tethers count as a cryptocurrency), because those exchange usually are much more anonymous( they don't need to operate a bank account in order to exist, so they can afford being anonymous).

An even bigger factor is the amount of fees that the exchange charges, there is an huge differences between the exchanges, and a normal trading fee would be 0.1%/0.2%(maker/taker).
Usually the biggest exchanges can afford offering the most competitive fee rates.

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.

For friends who want to know about this topic, it is beneficial to keep it up to date.

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.