What are your key reasons of choosing a particular exchange for trading? - page 4.

Lanatsa

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Quote from: jagdeepjd on December 26, 2018, 09:50:27 AM

I trade only on a few exchanges and my primary thing which I look for is security how secure is the exchange. Secondly, I look for liquidity how much daily volume is that exchange having. Thirdly I look for how frequently they list new potential coins to their exchange.

When an exchange do have big volume then it would always correlates that it do indicates that this is a good exchange. Security do always matter
and a must have thing to consider for those owners of such exchange but the thing we should put up on our mind that even how safe or secure the exchange was
never ever store up big amounts.

Goodvalony

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Activity: 616

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For a exchange to gain more popularity, few features are looked into consideration, Security, availability, 24/7 customer care services, high volume, volatility and Most important, trading Fees. Your customers will look into your charges for trading. Bonus and competition should be considered as well to attract customers.

rhomzkie26

full member

Activity: 476

Merit: 100

My major reason in choosing a particular exchange before I make some trade in the platform was I always checked the market volume, the

transaction fee, and the altcoins who are listed in it too. So this is how I chose an exchange platform. Wink

adamlillian

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I always liked the new exchanges created because the transaction costs were quite low compared to the general market level and also enthusiastic support. What I'm interested in is the daily trading volume of your new exchange. Please give me some information about it. thanks.

rapsa2018

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Everyone Wants to get safe on their money funds for trading with lots of issue so they avoid lossing money in dummy exchanges not good for trading.

jagdeepjd

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I trade only on a few exchanges and my primary thing which I look for is security how secure is the exchange. Secondly, I look for liquidity how much daily volume is that exchange having. Thirdly I look for how frequently they list new potential coins to their exchange.

Jack2fernando

newbie

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Quote from: jho0810 on December 16, 2018, 06:17:00 PM

Of course the key reasons of choosing a exchange is having a low fee and great platform or exchange. And also how the exchange is secured to any hackers.

Sometimes the project in which we invest also convince us to join a particular exchange. It is important that we trade on the exchange on which our coin is listed to keep an eye on the trading of the coin and to secure ourselves from the loss.

TarzanNJane

newbie

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1. location
2. interface
3. volume
4. limit of withdrawal
5. amount of cryptocurrencies

Cosbycoin

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Quote from: artbart on December 10, 2018, 05:00:38 AM

Hello,
1. What are your personal the must-haves for an exchange to be of any interest to you?

2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.

ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.

Thanks in advance,
Art

When choosing an exchange for trading, there are lots of things I do consider and the first thing I check is whether the exchange is available in my country (whether they have an office in my country), but there are still good exchanges that are not available everywhere.

Next thing I check is the coins offered and liquidity. Another thing that is very important is security, if it’s not secured then I’m not going for it. Next is customer support and trading fees, margin, reputation and a lot more. Good luck hope you find the best.

ringgo96

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this knowledge is very important because with this knowledge can get a big advantage. so in my opinion we really have to be serious in learning about trading

milewilda

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Quote from: artbart on December 10, 2018, 05:00:38 AM

ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.

Thanks in advance,
Art

Traders would always go for the best exchange which can give out excellent service to its users.

1. Security
2. Low Fees
3. Fast support response
4. Doesnt have strict compliance of KYC

BlackPanda

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Quote from: bitbunnny on December 21, 2018, 05:05:30 AM

Things that are very important for me when exchanges are involved are security and customer support. The quality of these could be deciding factors to choose particular exchange. Also reputation among users and that is running legitimate business. Volume is not so important to me. I know that many users don't like KYC but I see that as a feature for my own security and protection so I'm not against it.

For me, an Exchange is very important, I always pay attention to the quality of the exchange. Exchange is very important for our success in trading. The higher the level of trust An exchange will make us more comfortable in trading. Comfort and safety are the main things that must be considered.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

Things that are very important for me when exchanges are involved are security and customer support. The quality of these could be deciding factors to choose particular exchange. Also reputation among users and that is running legitimate business. Volume is not so important to me. I know that many users don't like KYC but I see that as a feature for my own security and protection so I'm not against it.

jrrsparkles

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: artbart on December 10, 2018, 05:00:38 AM

Hello,
1. What are your personal the must-haves for an exchange to be of any interest to you?

2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.

ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.

Thanks in advance,
Art

The exchange need to be registed with a known user and need to have coutry of orif=gin which can halp is to identifies that this is really an exchange,if you are doing in anonymous the people may have doubt in their mind always.
Volume is not a big matter but I won't go to a new exchange at first instance so they need to have good number of registered traders doing some kind of activity.

el kaka22

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Quote from: artbart on December 10, 2018, 05:00:38 AM

1. What are your personal the must-haves for an exchange to be of any interest to you?

When you do not have plans to use an exchange as a wallet services then I guess you do not need to worry big. I choose an exchange based on availability of one particular coin pair and then I will check in this forum for their credibility. I do not prefer exchanges which are asking to clear KYC. I test a new exchange with small volume for first time. That's all for me to choose a new exchange. I do exchange and I will withdraw and then I will forget that exchange until I need to trade another coin/token.

Quote from: Nahl on December 21, 2018, 02:32:55 AM

The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure

How you will make sure that your exchange is having good security systems ? I read most exchanges are saying that they have cold storage or even deep-cold storage and having world class protection against all types of hacking but how we can be sure about those things. I mean how we can cross-check their security systems. I guess we need to go simply by their words.

Nahl

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The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure even though i do realize there is no 100% guarantee those exchange will never be hack but high security system will makes me more comfort to use them and the second is the various altcoin for bitcoin pairs and volume market for every 24 hours

cokroalif

member

Activity: 434

Merit: 10

Lots of bitcoin exchange or where bitcoin trading works now, but not necessarily all of that works well, you should be good at choosing, which one is the best you have not made a decision to use. In the use of bitcoin exchange you should just choose the official one so the quality is guaranteed. We remind you a little for you if there are things or advertising services that you are not sure you can ask first to people who are more aware of it.

Omega Weapon

hero member

Activity: 1092

Merit: 501

People have different standards to me the most important has to do with how many times has the security of the exchange being compromised, anything higher than zero is not something that I will tolerate since I am not willing to lose my coins to hackers just because the people behind the exchange were not careful enough about the security of the coins of their clients.

The Seller

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The main thing needed by traders is high trading volume and also the many types of coins in it. But sometimes they also prioritize security and user support.

Indrawan77

hero member

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The most important are the trust, fast withdrawal and deposit, good customer support and tight security, we had been experiencing a lot of exchanges being hacked and causing the users coin disappear, so security must be a priority, its not easy to build an exchanges now, because there are a lot of rival

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