I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
Choose exchanges that have good reputations like Bittrex, Huobi, Binance. Never use an exchange that has a bad reputation, don't ever be tempted by a cheap fee withdraw because it won't promise the account we have is safe. Exchange that has a good reputation will usually have good security features, so choose the best to provide maximum comfort and security when we trade. 
Topic: What are the things to be considered when choosing the appropriate exchange for - page 3. (Read 19195 times)
April 09, 2019, 03:55:10 AM
April 09, 2019, 02:58:48 AM
Positive feedback are products of popularity, which is very easy to detect how popular and exchange his, just like Binance now, we don’t need anyone to tell us how popular Binance is because of its name that rings bell on every ear but when it comes to the security of an exchange, what then should one look out for.
I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.
What is that major security system to be put in place that will make us know that it will be impossible to hack them?
That is a good question because it actually helps you make more money if you are on the right exchange. I think that you should be focused on many factors when choosing an exchange.I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.
What is that major security system to be put in place that will make us know that it will be impossible to hack them?
Risk, Security and liquidity plus the transaction fee. These are the factors you need to be very curious about and since I use Binance, I am very satisfied about the exchange I use. You can Google the leading digital exchanges.
April 07, 2019, 01:15:28 PM
There are some exchanges that I would rather pay someone to help me sell my coin or something . This is due to the sloopyliness of the exchange's interface. So I will advise that before you choose an exchange that you consider the interface, transaction fee, how prompt the exchange support staff respond to complaint etc
April 07, 2019, 08:11:50 AM
I always considered the security system of an exchange. That is the first important thing for me. Next is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.
Positive feedback are products of popularity, which is very easy to detect how popular and exchange his, just like Binance now, we don’t need anyone to tell us how popular Binance is because of its name that rings bell on every ear but when it comes to the security of an exchange, what then should one look out for.I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.
What is that major security system to be put in place that will make us know that it will be impossible to hack them?
April 06, 2019, 09:32:31 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
If you want to try some exchange, you can go and check the exchange in my signature. It is a transaction mining exchange with a great platform and team, and it is very easy to use just like every exchange. You can also try buy CaTT and locked it up so you can have daily dividends. April 06, 2019, 04:30:55 AM
I always considered the security system of an exchange. That is the first important thing for me. Next is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.
April 06, 2019, 04:20:53 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
I think the major thing to consider when choosing an exchange for trading is the security of the exchange, because once you trade on an exchange that has security threat, your coins are at risk and can be lost at any time to hackers which is why you should make research on the security of an exchange before investing your money into that exchange or leaving your money on that exchange, also make sure that the platform is user friendly to get the best experience. April 02, 2019, 04:49:57 PM
Big exchanges are usually the ones to go with. Small exchanges can put you in similar situation Quadriga put their clients. There will be one person who controls everything and at some point they'll crack. Scam you, die, get assaulted or kidnapped. Binance, Bitstamp, even Coinbase. Choose what you want there's enough to choose from.
April 02, 2019, 04:11:25 PM
Choosing the best exchanges will comes along under the experience first of all trust is very important for the exchange that we have to decide because without any trust we cannot move on with a hope but the possibility of scams is very low here but we have to be alert in every time in every exchanges.
Security, ease of making transactions and low fee of transaction. These are the best qualities and are desirable if you are looking for a best exchange. You should look for the one used by many individuals. This would mean that the exchange is legitimate and you could get your coins transacted anywhere around the world by paying a very low fee. Coinbase is a good exchange.low fee of transaction is not always the best feature of an exchange. just take a look at tradesat now, they are charging one of the lowest btc tx fees but how long are you gonna wait, days -weeks? thats unacceptable! better pay for higher tx fee with the assurance that you will receive your money.
aside from that = active technical support, fast response whenever you are encountering any issues with your account. that you can say you closed your ticket satisfactorily in just few days not weeks of waiting in agony
This will be a big problem to them and might cause on losing users instead of gaining due to this reason.
Fast response of support, Good UI, Reputation and popularity is the factors that I do seek out when choosing an exchange.
April 02, 2019, 04:07:44 PM
Choosing the best exchanges will comes along under the experience first of all trust is very important for the exchange that we have to decide because without any trust we cannot move on with a hope but the possibility of scams is very low here but we have to be alert in every time in every exchanges.
Security, ease of making transactions and low fee of transaction. These are the best qualities and are desirable if you are looking for a best exchange. You should look for the one used by many individuals. This would mean that the exchange is legitimate and you could get your coins transacted anywhere around the world by paying a very low fee. Coinbase is a good exchange.low fee of transaction is not always the best feature of an exchange. just take a look at tradesat now, they are charging one of the lowest btc tx fees but how long are you gonna wait, days -weeks? thats unacceptable! better pay for higher tx fee with the assurance that you will receive your money.
aside from that = active technical support, fast response whenever you are encountering any issues with your account. that you can say you closed your ticket satisfactorily in just few days not weeks of waiting in agony
April 02, 2019, 02:31:28 PM
Choosing the best exchanges will comes along under the experience first of all trust is very important for the exchange that we have to decide because without any trust we cannot move on with a hope but the possibility of scams is very low here but we have to be alert in every time in every exchanges.
Security, ease of making transactions and low fee of transaction. These are the best qualities and are desirable if you are looking for a best exchange. You should look for the one used by many individuals. This would mean that the exchange is legitimate and you could get your coins transacted anywhere around the world by paying a very low fee. Coinbase is a good exchange. March 19, 2019, 09:14:26 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
dont rely on others opinion mate which is must search on youtube instead for basic step by step tutorial and to obtain specific information about the exchange you want to trade. It could be easy probably and a big help for you to easily determine the most provably fair exchange site that will fit on your plan. March 19, 2019, 08:44:36 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
Security and fastness are some of the thing I look for in exchange. I do remember that some of the people that loss much in cryptocurrencies are through hack activities in the exchange they are trading through. If the exchanges is secure and has a fast platform for execution then you are left with your skills for making money. 
March 19, 2019, 03:29:33 AM
Choosing the best exchanges will comes along under the experience first of all trust is very important for the exchange that we have to decide because without any trust we cannot move on with a hope but the possibility of scams is very low here but we have to be alert in every time in every exchanges.
Trust is not enough choosing an exchange because the past history of an exchange site is very vital before joining an exchange I mean if an exchange site has been reported for scamming their users or not paying their customers. What makes you think they won’t take your btc and run?Let’s use Binance as example now, everyone knows how popular Binance it, before I joined Binance, while making enquiry, I read a lot of discrediting reports about them which I found to be untrue after I took the risk of trying them, though I was just careful and managed the risk till I was able to build my confidence, we just have to trust first and then make our research till its proven otherwise.
March 18, 2019, 04:33:26 AM
Choosing an exchange depends on what you want to do. it could be just converting from one currency to the other. Some are traders by profession so they almost trade every day for profit. Generally, you should look out for the exchange's security, fees, credibility, volume. customer support etc.
eg. binance, okex, coinex, kucoin, indodax and a whole lot
eg. binance, okex, coinex, kucoin, indodax and a whole lot
March 18, 2019, 04:28:04 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
Security and fastness are some of the thing I look for in exchange. I do remember that some of the people that loss much in cryptocurrencies are through hack activities in the exchange they are trading through. If the exchanges is secure and has a fast platform for execution then you are left with your skills for making money. hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 18, 2019, 03:16:57 AM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
I suggest trying Binance. You don't have to fill KYC if you don't want, you can start to deposit with a low amount with a various coin. You can use BNB as your trading fee so you can keep your profit in your balance. Binance has a large list of coins so you can choose which coins that could gives you a profit. I wouldn't suggest using Coinbase because you need to fill KYC if I'm not wrong, but it's up to you.
March 17, 2019, 11:45:47 PM
I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
Choose the popular one, trusted and an exchange that have a big volume like binance, bittrex and huobi.Remember to use 2FA on your account and other security to protect your account. Before choose an exchange, try to search it first on google, check the review.
March 17, 2019, 10:01:42 PM
First and foremost choose exchange that is credible and have real volume. There are many exchange that its volume are bot volume so their trading volume ia fake. Also choose exchange that have smooth user friendly interface to navigate your way through and also choose exchange that has good customer support service
March 17, 2019, 08:16:10 PM
Choosing the best exchanges will comes along under the experience first of all trust is very important for the exchange that we have to decide because without any trust we cannot move on with a hope but the possibility of scams is very low here but we have to be alert in every time in every exchanges.
Trust is not enough choosing an exchange because the past history of an exchange site is very vital before joining an exchange I mean if an exchange site has been reported for scamming their users or not paying their customers. What makes you think they won’t take your btc and run? Jump to: