What attracts you to a good crypto exchange? - page 10.

gwaposakon

full member

Activity: 854

Merit: 101

Quote from: FinanceX on August 27, 2018, 10:59:28 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 have a few crypto exchanges that I really patronize and always use to trade my hodlings. I really get attracted with exchanges that provide a very user-friendly interface. one that really lets you know what are doing or clicking in its interface. I also check if there are trading tools that would help me understand the trend of the crypto I am trading. Having low transaction fees is also a plus.

royalcrypt

member

Activity: 456

Merit: 10

Any exchange which is decentralized, have an easy to use interface, low fees, highly secure, and big volume is good enough for me. However, I still wouldn't trust them to keep my coins for a long time.

Sharingjoy

jr. member

Activity: 130

Merit: 1

Quote from: vina.lugtu on September 03, 2018, 10:52:51 PM

For me, the best way to attract traders will be the support team of the exchange. We all know that the crypto is congested and sometimes, a transaction can really take a lot of time. A good support team will be a huge magnet for traders especially if they can immediately talk to someone whenever they have issues with their transaction. Wide selection of alts also help attract traders.

I agree with you, being a trader I will look on those exchanges that has a accommodating technical supports that are available 24/7. We can't be sure that technical problem will arise during our transaction as we can ask them for help before we can be panic.

Chotamobanhe

newbie

Activity: 70

Merit: 0

If their are issues regarding with token withdrawals and lost of tokens they are making actions directly and they will update us regarding with our issues,and also they are always improving their exchange in Securing our assets and easy to use and low withdrawal fees to make their costumers satisfied.

Redg85

jr. member

Activity: 258

Merit: 2

Hello mate! There are a lot of good crypto exchanges but what really attracts me to a good exchange that has low transaction fees, high security features(2FA), user-friendly and high trading volume. These factors are what i look for a good exchange site. Cheers mate!

Boyong02

newbie

Activity: 266

Merit: 0

For me the best exchange is
1. User friendly
2. Active support team
3. Fast deposit/withdrawal
4. Plain and simple platform
5. Super fast server
And most is high volume and many coins..

ilovepurple

newbie

Activity: 20

Merit: 0

With good Cryptocurrency transactions, what attracts me to it is that these transactions are usually quick and I can get the cryptos number on my wallet in just a few hours. These trades certainly cannot be cheated because the trader has a lot of prestige in the community.

kimjenglot

member

Activity: 364

Merit: 10

Quote from: Sandeep24 on September 11, 2018, 11:13:33 AM

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.

in a good crypto market, of course, it starts with a good market team and developer, and a strict security system also does not lose the trust of its members, because that is an important value of a market

iconoclast

full member

Activity: 770

Merit: 102

Matrix Built On An Ethereum Smart Contract

When given a choice I will always prefer to use a decentralised exchange over a centralised one. They are safer as you are less likely to lose your coins to a hack. I have seen centralised exchanges suffer losses from failing to manage margin properly and then help themselves to peoples coins to make up the loss. If your coins are on a centralised exchange you no longer have control and are at the mercy of the exchange owner. Very often you will hold coins on a centralised exchange and the owner will lend your coins to people shorting.

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: FinanceX on August 27, 2018, 10:59:28 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?

There are lots of reasons to pick a good exchange but to me, these are the top factors

Volume - higher volume, more chances to trade
User-friendly - a clean and simple user interface is best
Responsive - a fast loading website is essential when trading
Secure - has 2FA capability

Cactushrt

sr. member

Activity: 952

Merit: 250

As long as i can trade there easily and the liquidity is the most important basis for me to a good crypto exchange also there are no scam accusations

FinanceX

copper member

Activity: 280

Merit: 0

Mobile Apps are so important as mobiles act as most people's computers these days. They make the trading process much easier and convenient

jepoyr1

full member

Activity: 378

Merit: 101

The best crypto exchange that can attract traders has a lot of coins, high volume (24hr), fast deposit and withdraw (no delay) safe and secured exchange and low transaction fees.

MrGGates

jr. member

Activity: 169

Merit: 3

Quote from: FinanceX on August 27, 2018, 10:59:28 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?

My interesting factor is to use crypto as a medium of exchange, because it is faster, simpler and more efficient by only carrying a smartphone, I can buy something with just one click transaction.

FinanceX

copper member

Activity: 280

Merit: 0

The reviews are always so heavily weighted on the negative experiences of people. If you can see people are experiencing the same problem time after time for a long period of time that is a better gauge of the exchange's credentials

Osarman

hero member

Activity: 952

Merit: 503

Quote from: leetcoiner on September 07, 2018, 05:12:32 AM

First of all, I'm attracted to the age of the exchange. If the exchange has been working for a long time without special problems and hacks, then it can be trusted.

Age is just a number, even though it sure helps depict some form of good reputation over time with a lot of reviews to make out from the users who have made use of them in the past, compared to newer exchanges.What is important however is to make sure that it is an exchange not built on lies, and you have a firm security with a great team behind it doing great work to keep making things move better.

Trust and loyalty go hand in hand, so it is one thing to look out for among users before choosing exchange. What attracts me though for now, is security first and fees second.

wivecrypto

newbie

Activity: 26

Merit: 0

I myself like it and everyone will like to visit the exchange place. For me a good cryptocurrency exchange must have a good and enthusiastic support team, low fees and fast transactions, fast deposits and withdrawals. That will attract Crypto users to use the exchange place.

Pffrt

sr. member

Activity: 1372

Merit: 322

The most important factor is "Support". Moreover, I focus on the fee too. The less fee it is, the most priority I give to it. Again, I look after their community and find out how active they are.

chengyinoing

newbie

Activity: 252

Merit: 0

A good cryptocurrency exchange must have a good and enthusiastic support team, low fees and quick transactions. Cryptographic exchange security is very important. When I keep my assets on the exchange, I have to make sure that my assets are not stolen.

FinanceX

copper member

Activity: 280

Merit: 0

Quote from: Huruharacorp on September 11, 2018, 09:17:09 PM

Quote from: Sandeep24 on September 11, 2018, 11:13:33 AM

There are several things for a good crypto exchange who attract me but one most important thing is secure environment feature.That is most important feature for crypto exchange as well investores also.

what do you mean by environmentally safe features in crypto ?
because in my opinion crypto is a market that can change at any time, and it's far from being safe and stable, for that we can only wait for the right moment

You know the environment, where there's trees and animals Wink

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