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Topic: How you choose the exchange for trading? Vote! - page 6. (Read 782 times)

hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
if me i look from the volume of the market, and list of coins in there. we can see the different market like bittrex and hitbtc or other market that accept token. if must trade i prefer bittrex because they really selective to accept coins
full member
Activity: 213
Merit: 103
Good pointers! I don't often use exchangers but for me it is a must that it has great security in protecting my investments. It is also a must that an exchanger is very easy to use especially for newbies where they can do transaction easily and instantly. Lower trading fees is a good attraction too as we know that blockchain transaction fees are quite expensive nowadays so it would be nice to have trading fees which are very affordable.
member
Activity: 266
Merit: 20
On my end I will choose
2. High degree of security
3. Fast and excellent customer support
5. The lowest fees
8. Ease of use

But as long as the crypto exchange is very secure and low transaction fees many traders will like it (me too).
Each trader have favorite trading indicators and it would be great if all trading indicators is available to be use in an exchange.

"trading indicators" do you mean a charting tool (e.g. tradingview) for technical analysis?
full member
Activity: 616
Merit: 102
On my end I will choose
2. High degree of security
3. Fast and excellent customer support
5. The lowest fees
8. Ease of use

But as long as the crypto exchange is very secure and low transaction fees many traders will like it (me too).
Each trader have favorite trading indicators and it would be great if all trading indicators is available to be use in an exchange.
member
Activity: 266
Merit: 20
security is a must

then it's about the range of coins, customer service and liquidity

then down the scale is price as most aren't that expensive if trading mid to long term positions

Have you ever tried to buy/sell cryptocurrency via P2P exchanges?
jr. member
Activity: 71
Merit: 1
security is a must

then it's about the range of coins, customer service and liquidity

then down the scale is price as most aren't that expensive if trading mid to long term positions
member
Activity: 266
Merit: 20
3. Fast and excellent customer support
This one should be long term. Issues with so many trading websites. When they stay longer they get too tired to answer customer issues. Don't want that to happen. Anytime a problem can pop up and you dont want to get stuck with that.
Look at Poloniex and Yobit. They are sinking their own company.

5. The lowest fees
I think anyone would want this.

6. Ability to buy/sell at best prices
Of course we need movements everytime. It means a lot of people are really into the website.

8. Ease of use
I loved binance because of the ease in my eyes and a user friendly kind of service.

Thanks for your opinion! I am now want to know what is the so nice Binance's UI that people like it,,,will check it)
full member
Activity: 364
Merit: 102
There are some exchanges that do not meet the criteria, but the crypto assets you want to buy are listed there, you can trade there because of the crypto assets you want to buy, but if you are a day trader, there are many things you have to consider before deciding which exchange you have to trade on e.g.
Cryptos trading on the exchange, (must be trading the top cryptos),
Liquidity,
Security,
What people are saying about the exchange,
etc.
member
Activity: 182
Merit: 10
Hello crypto fans!

I have drafted a topic summarizing (with your help) all types of existing and upcoming crypto exchanges: https://bitcointalksearch.org/topic/types-of-exchanges-we-know-2918431

Now, to make that information even more usable, through evaluating each type of exchange,
let's consider the primary concerns of traders (us). That info will also help current and future Exchanges to fit our (traders) needs.

By voting on that topic kindly choose 4 (four) most influencing parameters for you, when you decide, what exchange to use for trading.



Here are the list of parameters and short explanations:


1. Crypto-favorable country of Exchange's registration
Means a comparatively low risk of exchange closure by regulators.
 

2. High degree of security
Means cold storage of crypto, 2FA, perfect protection of clients private data and funds.
 

3. Fast and excellent customer support


4. Solid reputation and positive clients feedbacks


5. The lowest fees on the market
Means the lowest total cost of trading: including deposit fee, trade fees, withdrawal fee and best limits policy.


6. Ability to buy/sell at best prices
Means an abundance of trading pairs, liquidity, real-time & not-fake auctions leading to most transparent prices.


7. Availability of margin or/and derivatives trading


8. Ease of use
Means a quite simple interface of an exchange.


Vote to make the crypto world more attractive for you and newcomers!
These are the qualifications of good exchange
2. High degree of security  - because the first thing we need to do is to protect our investments from the hackers.
3. Fast and excellent customer support - if we got some issues customer support shoud be excellent to help us resolve our issues
4. Solid reputation and positive clients feedbacks - a good community feedback and plus a trusthy platform would be needed to be sure that they wont scam their users
5. The lowest fees on the market - lowest fees means more opportunity to trade more coins,

And my best exchange would be binance because it has all of these qualifications.


And you will not switch binance to another exchange if that another exchange has the same parameters but no any fees at all?
That isnt possible an exchange which wont require trading fees?exchanges needs to raise funds for the maintenance how would they maintain the website if they wont have any source of income?i dont think advertisement will do the job because domain + hosting would be expensive when an exchange has a lot of traffics everyday.I personally love binance too because it requires less fees than any exchanges out there.
member
Activity: 182
Merit: 13
3. Fast and excellent customer support
This one should be long term. Issues with so many trading websites. When they stay longer they get too tired to answer customer issues. Don't want that to happen. Anytime a problem can pop up and you dont want to get stuck with that.
Look at Poloniex and Yobit. They are sinking their own company.

5. The lowest fees
I think anyone would want this.

6. Ability to buy/sell at best prices
Of course we need movements everytime. It means a lot of people are really into the website.

8. Ease of use
I loved binance because of the ease in my eyes and a user friendly kind of service.
member
Activity: 266
Merit: 20
I usually use the most user friendly exchange that does not require verification and of course supports my tokens.
Security is a must also especially when we know that many exchanges have been hacked lately.
Another criteria is fees, I use only exchanges that take small fees, many of them became so greedy and some times you have to pay more fees than what you win from trading.


Ha-)
I guess it's hard to reach the full security for the exchange and not require verification from users, at the same time.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
I usually use the most user friendly exchange that does not require verification and of course supports my tokens.
Security is a must also especially when we know that many exchanges have been hacked lately.
Another criteria is fees, I use only exchanges that take small fees, many of them became so greedy and some times you have to pay more fees than what you win from trading.
member
Activity: 266
Merit: 20
Hello crypto fans!

I have drafted a topic summarizing (with your help) all types of existing and upcoming crypto exchanges: https://bitcointalksearch.org/topic/types-of-exchanges-we-know-2918431

Now, to make that information even more usable, through evaluating each type of exchange,
let's consider the primary concerns of traders (us). That info will also help current and future Exchanges to fit our (traders) needs.

By voting on that topic kindly choose 4 (four) most influencing parameters for you, when you decide, what exchange to use for trading.



Here are the list of parameters and short explanations:


1. Crypto-favorable country of Exchange's registration
Means a comparatively low risk of exchange closure by regulators.
 

2. High degree of security
Means cold storage of crypto, 2FA, perfect protection of clients private data and funds.
 

3. Fast and excellent customer support


4. Solid reputation and positive clients feedbacks


5. The lowest fees on the market
Means the lowest total cost of trading: including deposit fee, trade fees, withdrawal fee and best limits policy.


6. Ability to buy/sell at best prices
Means an abundance of trading pairs, liquidity, real-time & not-fake auctions leading to most transparent prices.


7. Availability of margin or/and derivatives trading


8. Ease of use
Means a quite simple interface of an exchange.


Vote to make the crypto world more attractive for you and newcomers!
These are the qualifications of good exchange
2. High degree of security  - because the first thing we need to do is to protect our investments from the hackers.
3. Fast and excellent customer support - if we got some issues customer support shoud be excellent to help us resolve our issues
4. Solid reputation and positive clients feedbacks - a good community feedback and plus a trusthy platform would be needed to be sure that they wont scam their users
5. The lowest fees on the market - lowest fees means more opportunity to trade more coins,

And my best exchange would be binance because it has all of these qualifications.


And you will not switch binance to another exchange if that another exchange has the same parameters but no any fees at all?
member
Activity: 266
Merit: 15
Why nobody tell about p2p localbitcoins strong features - if it does not have such, then why their volume is growing??  Undecided

https://coin.dance/volume/localbitcoins
member
Activity: 196
Merit: 12
Streamity Decentralized cryptocurrency exchange
Hello crypto fans!

I have drafted a topic summarizing (with your help) all types of existing and upcoming crypto exchanges: https://bitcointalksearch.org/topic/types-of-exchanges-we-know-2918431

Now, to make that information even more usable, through evaluating each type of exchange,
let's consider the primary concerns of traders (us). That info will also help current and future Exchanges to fit our (traders) needs.

By voting on that topic kindly choose 4 (four) most influencing parameters for you, when you decide, what exchange to use for trading.



Here are the list of parameters and short explanations:


1. Crypto-favorable country of Exchange's registration
Means a comparatively low risk of exchange closure by regulators.
 

2. High degree of security
Means cold storage of crypto, 2FA, perfect protection of clients private data and funds.
 

3. Fast and excellent customer support


4. Solid reputation and positive clients feedbacks


5. The lowest fees on the market
Means the lowest total cost of trading: including deposit fee, trade fees, withdrawal fee and best limits policy.


6. Ability to buy/sell at best prices
Means an abundance of trading pairs, liquidity, real-time & not-fake auctions leading to most transparent prices.


7. Availability of margin or/and derivatives trading


8. Ease of use
Means a quite simple interface of an exchange.


Vote to make the crypto world more attractive for you and newcomers!
These are the qualifications of good exchange
2. High degree of security  - because the first thing we need to do is to protect our investments from the hackers.
3. Fast and excellent customer support - if we got some issues customer support shoud be excellent to help us resolve our issues
4. Solid reputation and positive clients feedbacks - a good community feedback and plus a trusthy platform would be needed to be sure that they wont scam their users
5. The lowest fees on the market - lowest fees means more opportunity to trade more coins,

And my best exchange would be binance because it has all of these qualifications.
full member
Activity: 336
Merit: 100
I choose those stock exchanges where -
- more coins are traded.
 - a simple and intuitive interface
 - where the relatively low risk of closing the exchange by regulators.
- where a relatively high degree of security.
- where withdrawal takes place quickly.
For me, at the moment, for these criteria correspond Bittrex, Poloniex, Kucoin
member
Activity: 266
Merit: 20
Thanks you all for votes and comments!!!! please don't forget to vote (not only comment=)...

We need to up this topic to get more respondents/votes for more reliable final poll's results.
hero member
Activity: 644
Merit: 500
I always have a look at the structure of the team behind the exchange. There have to be guys that I can trust, I always look at their history in their social media accounts or something. If I cannot find information about the team I dont trade on that  exchange!
MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Main things for me are security (reputation), and the different varieties of coins that the exchange offers. Based on these, I've mainly been using bittrex, binance, and kucoin.
member
Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
I only choose famous exchange which has positive feed back from its users. Some exchanges which not so popular are mostly have problem with its operations. For example, I saw merchatox exchange did so many maintenance in a month, some people have problem with it withdrawls as well. But actually it is good exchange site with nice UI, it just so fragile.
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