As a crypto software developer, I look at everything from the user perspective.
1. The user needs to be in complete control of funds. Once the coins are on the exchange, it's too late to try to secure them.
2. The user needs a frictionless transaction experience. People are tired of multi-step verification.
3. The user needs a way to share in the profits. There are enough fees being generated to spread the revenue fairly.
Topic: what are the things to consider when looking for a good exchange? - page 8. (Read 1664 times)
November 06, 2018, 01:32:23 PM
November 05, 2018, 07:05:31 PM
Thank you so much for sharing. It really can be a bit overwhelming sometimes to keep signing up to new exchanges. I will definitely consider all your tips and recommendation. So elaborate and clear. thank you for taking the time to answer me. There are obvious pointers but often times with my busy life and chart watching i tendcto forget about some of those. Truly appreciate you.
Its pleasure to help you. We are out here to help each other in whatever way. Happy trading
November 05, 2018, 06:48:51 PM
Personally I look at
1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response incase of any attacts
2. Popularity: Much more popular exchanges are my preferance since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stick with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BN and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have laggy websites but the mobile apps are some to trade with. J have so far like the Kucoin, Huobi, Binance and Okex apps
Thank you so much for sharing. It really can be a bit overwhelming sometimes to keep signing up to new exchanges. I will definitely consider all your tips and recommendation. So elaborate and clear. thank you for taking the time to answer me. There are obvious pointers but often times with my busy life and chart watching i tendcto forget about some of those. Truly appreciate you. 1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response incase of any attacts
2. Popularity: Much more popular exchanges are my preferance since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stick with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BN and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have laggy websites but the mobile apps are some to trade with. J have so far like the Kucoin, Huobi, Binance and Okex apps
November 05, 2018, 12:49:31 AM
Personally I look at
1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response in case of any attacks or attempts to hack
2. Popularity: Much more popular exchanges are my preference since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stuck with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BNB and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have lagging websites but the mobile apps are smooth to trade with. i have traded so far with the Kucoin, Huobi, Binance and Okex apps. Very smooth and nice experience
1. Security : The most important of all since we are dealing with money. Security has to be tight and exchange has to have a swift response in case of any attacks or attempts to hack
2. Popularity: Much more popular exchanges are my preference since they have a large community around them. The larger the community, the easier it is to spot scam... Less popular exchanges can easily scam and exit with your money.
3. Team and Support: is the team transparent? Is the support swift and helpful? You don't wanna get stuck with some issue and there is no one to help you urgently
4: Trading Fees and Withdrawal Charges: I prefer exchange with less trading fees and withdraw charges plus incentives like Binance has with BNB and Kucoin has with Kucoin shares.
5: Third-party Mobile apps: These make trading easier on the go. Some exchanges have lagging websites but the mobile apps are smooth to trade with. i have traded so far with the Kucoin, Huobi, Binance and Okex apps. Very smooth and nice experience
November 04, 2018, 12:36:06 PM
I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
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