What are your key reasons of choosing a particular exchange for trading? - page 6.

Hivalley

member

Activity: 210

Merit: 19

Low transaction fees for me is of utmost importance,i tend to go for the once that are affordable and that's definitely not at the expense of security,which definitely stands out as one very vital reason for my choice of exchange
I also go for exchanges that tends to protect my identity,i can hardly give that away all in the name of KYC

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

I do hope you have a nice project on ground,and you're working well to succeed,it definitely wouldn't be easy getting enthusiast to trust a new exchange,but goodluck

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

There are generally accepted qualities which are required from an exchange and most of them have already been listed on this thread.
One main quality I look for is, ease of withdrawal. A common problem faced, especially with centralized exchanges is long and inefficient withdrawal procedures, which often requires manual confirmation.
Liquidity also is a very important factor.

hermankoles

jr. member

Activity: 275

Merit: 1

https://customcontract.network

the main thing that must be in exchange is the best 24-hour security and service that is ready to respond to any problems that occur on the trading platform. the next one is the selection of potential coins that can invite us traders to come, not rubbish coins that will be a burden on the exchange in the future. next fishing with few cheap and special bonuses that can make traders feel at home to trade there

hugeblack

legendary

Activity: 2506

Merit: 3645

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?

Security and a trained support team who can solve all problems in a short time and interact positively with users "the most important thing especially for new platforms."
Fees, Altcoins and other things can be improved and ignored compared to what is stated above.

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 build a durable exchange.

What you say is unprofessional, which is a negative indicator when talking about a platform"Trust", you need a strong team with experience in this field.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

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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?

Security, trust, low fees, good support. And liquidity. Some also prefer the exchanges where you don't need ID/papers.

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

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.

Usually low liquidity is translated to a bigger price gap between sell and buy orders, making the exchange unattractive.

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.

The start is never easy. Good luck!

artbart

jr. member

Activity: 95

Merit: 1

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

Topic: What are your key reasons of choosing a particular exchange for trading? - page 6. (Read 1175 times)