What attracts you to a good crypto exchange?

oppo070

copper member

Activity: 140

Merit: 0

WWW.BLOCKCHAIN021.COM

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

Very basic, What attracts me is the their liquidity pool, It creates some big trust of the liquidity pool of the exchange is huge, like, they might have the enough support to their crypto in the market so I can let my money flow through it and provide me with a decent income or profit for an investment through trading.

Sab11

full member

Activity: 524

Merit: 100

io.ezystayz.com

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

crypto exchangers attract me the most exchnager have a high security to avoid theft and any kind of hackers attack, decentralize, fast transaction with cheap fee, exchanger with that characteristic is so attractive.

forexandcryptoauditor

copper member

Activity: 1190

Merit: 3

For a good crypto exchange, should fulfill the qualities which are needed these days.
First point is security. Now a days we are seeing lot of cyber attacks on renowned exchanges which are stealing users hard earned money. I believe every transaction should follow with 2FA and their firewall should be strong enough so that it can avoid any kind of cyber attacks.
Second most important thing I see is fee. Many exchanges charge too much fees making it impossible for small traders. They should reduce the transaction fees to great extent so that more users can use it.
Third important thing I see is availability of coins to trade. There are very few, one or two exchanges I guess which support most of the altcoins for trade.

cichaescut

copper member

Activity: 266

Merit: 0

SYNCHROBIT

A think a good crypto exchange should be decentralised, because the core idea if all crypto currencies is the lack of a third party and anonymity. I do not trust in centralised exchanges because the have a full control of your funds all the time.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

I use exchange with quality definition of security feature to make sure my investment will totally secured, and of course aside from that it's convenient to use buy and sell coins for my trading job.

tinystone26

member

Activity: 434

Merit: 10

Unleash the Power of the World's Crypto Data

I think what attracts me to a good Crypto exchange is their high quality security and also the currency that they have launched which I see more potential to grow. And I think it will make sure you will have a good earnings to their platform in the future, So basically I don't just only invest with some rumors that I hear to some people I always have my own research with it to a further information to get a better earnings.

daviidalpert

sr. member

Activity: 448

Merit: 250

Quote from: cryptogeek101 on January 27, 2019, 06:41:47 AM

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

I think security is one of my major concerns when it comes to cryptocurrency exchange, apart from liquidity because if deposits are not secured it means the exchange is porous and might not be good for traders

Safety is definitely the first.Because the security of funds on any exchange is the most important.Other factors are the volume of transactions, the number of users, and so on.There is the speed of dealing with the problem.Because people don’t want to wait for days because of some problems.

minttop

member

Activity: 574

Merit: 10

I appreciate liquidity, it is the key factor for me.
What is more, UI of trading charts should be attractive as well as usability. You know, I've traded on plenty of exchanges and I would like Binance to create own trading terminal, not in web wallet, but something like Metatrader, which you can download on PC

cryptogeek101

sr. member

Activity: 798

Merit: 250

homt.net

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

I think security is one of my major concerns when it comes to cryptocurrency exchange, apart from liquidity because if deposits are not secured it means the exchange is porous and might not be good for traders

Clearstream

jr. member

Activity: 378

Merit: 4

i will choose some exchanges with a large trading volume. if the trading volume of an exchange is small, we will wait a lot of time. I can't stand it.

erikoy

full member

Activity: 686

Merit: 125

Quote from: FinanceX on August 27, 2018, 11:59:28 PM

Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?

The marketcap volume a certain crypto that one could benefit in trading to a good exchange. Relatively new coins can go higher with good exchanges and this is one of the best factor for entering a good exchange for the coin. However, some good exchanges requires huge amount of deposit to which other new coins could not afford so they will look for cheaper or even an exchange to list their coin for free.

esetop01tryba

jr. member

Activity: 238

Merit: 1

https://www.empirehotels.io

The most important thing in my opinion is the reliability of the exchange and resistance to DOS attacks. Marketing and continuous improvement of the exchange to attract users. It is also very cool when the exchange has large trading volumes and after entering the market of new tokens, they have a good capitalization and value.

yesyes18

member

Activity: 546

Merit: 12

Well, exchanges are major drive force of all of the cryptospace because even projects that have coins and are not yet trading or under trading are deemed worthless in the ecosystem. For my choice of an exchange, I'll go in for the one with a better security, good trading volume so that i can easily buy and sell and good customer support.

alberdina

member

Activity: 644

Merit: 10

An interesting Crypto exchange is being able to provide security. And in my opinion, this is important because if we are not safe, of course, our assets can be lost. And that makes me interesting because the crypto exchange is so crowded that the trading volume is very large. To get profit can be very fast.

iqrasalsabila

full member

Activity: 532

Merit: 102

For me, what is certain is buying and selling coins, whether for long-term or short-term investments, to be held temporarily and resold to benefit from any crypto price movements. But I have never used fiat to buy crypto, I only rely on crypto from bounty for trading. If there is a loss in investing or trading, no fiat will be lost.

valenow

copper member

Activity: 118

Merit: 0

Well, as for me crypto exchange is something what should be perfect one. If I don't like exchange and have doubts,then I quit exchange. It is what I mean.

monineklutak

sr. member

Activity: 1890

Merit: 252

The OGz Club

Quote from: itasannah on December 05, 2018, 11:38:18 PM

The exchange is all very good, that you also have to be careful when sending or receiving transactions. Crypto coin exchange is even better if they increase security and ease of transactions. I have never experienced hacking when I saved coins on the exchange because I was very careful.

not all are good, there are some whose safety level is still low, so the exchangers are very vulnerable to hacking, even binanve which is one of the big and reputable exchanges can still be hacked, especially small exchangers, whose development team is not necessarily an expert in that field

daly896

member

Activity: 434

Merit: 10

BITWIN

There are several things can attract me to a good crypto exchange. At first there is something like UI, another thing is security and what is more important is liquidity! You know, a lot of exchanges make fake volumes and it is something what I don't like at all.

serejandmyself

hero member

Activity: 1203

Merit: 508

Manager of looking busy #citizencosmos

The account was hacked between 29.01.2018 and 04.02.2019. All posts made during this period were not made by me.

Please see this topic:

https://bitcointalksearch.org/topic/m.49582645

SplitBirb

copper member

Activity: 53

Merit: 11

🐦

I like exchanges that don’t require KYC. Currently I am using CryptoBridge and it’s easy to use and has all coins I’m invested in.

Topic: What attracts you to a good crypto exchange? (Read 36556 times)