What attracts you to a good crypto exchange? - page 21.

crypto-futures

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Quote from: FinanceX on August 28, 2018, 02:04:57 AM

Quote from: crypto-futures on August 28, 2018, 01:42:02 AM

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?

Depending on where you are in the world there might not be many options. If you are spoiled for choice you can pick the one with the lowest fees, that supports your fiat and where you can cash out as quick as possible. I would rather use an automatic trading system than an OTC exchange because I feel it is safer.

Fiat is very important as traders often ahve to go through 2 exchanges to purchase any coin other than BTC. There are serious profits to be made on altcoins but you want to be able to cash-out directly. Fiat-to-altcoin trading pairs are amazing if the liquidity can be kept high

It's also waaaay more fun on real-time automatic trading platforms Grin

FinanceX

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Quote from: Beatah on August 28, 2018, 02:02:43 AM

easy to find coins

Do you mean having a large selection of coins? Some exchanges accept any coin which is annoying

FinanceX

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Quote from: crypto-futures on August 28, 2018, 01:42:02 AM

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?

Depending on where you are in the world there might not be many options. If you are spoiled for choice you can pick the one with the lowest fees, that supports your fiat and where you can cash out as quick as possible. I would rather use an automatic trading system than an OTC exchange because I feel it is safer.

Fiat is very important as traders often ahve to go through 2 exchanges to purchase any coin other than BTC. There are serious profits to be made on altcoins but you want to be able to cash-out directly. Fiat-to-altcoin trading pairs are amazing if the liquidity can be kept high

Beatah

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Activity: 21

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easy to find coins

crypto-futures

copper member

Activity: 70

Merit: 0

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?

Depending on where you are in the world there might not be many options. If you are spoiled for choice you can pick the one with the lowest fees, that supports your fiat and where you can cash out as quick as possible. I would rather use an automatic trading system than an OTC exchange because I feel it is safer.

FinanceX

copper member

Activity: 280

Merit: 0

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?

Topic: What attracts you to a good crypto exchange? - page 21. (Read 36630 times)