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Topic: What do you hate the most about your current exchange? - page 6. (Read 797 times)

member
Activity: 597
Merit: 10
I don't think exchange will move from these things and that's why everyone suggests you withdraw your funds from the exchange and never store your assets in any exchange! Centralized exchanges are not cold storage, so you should stop hating it and be alert to move your coins in your hardware wallet! And to buy coins with Fiat, you may use Coinbase or localbitcoin!
jr. member
Activity: 266
Merit: 2
Actually, my issue with Decentralized exchanges borders mostly on their non flexibility and directness. I keep finding it difficult to accept them truly as exchanges. Albeit Etherflyer which seemingly has a well grounded interface and design, the rest are actually crappy. Really looking forward to what Binance brings to the table. It could change the view on Decentralized Exchanges forever.
member
Activity: 336
Merit: 10
Well if you really hate trading on centralized exchanges then i think you can trade on decentralized exchanges like idex, forkdelta etc. But what i hate about upcoming exchanges these days is the high fees that most of them charge when trading on their platform.
full member
Activity: 350
Merit: 100
I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.

Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.

Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.

So, what would you change? what would you remove? and what would you add?

There's a reason why both centralized and decentralized exchanges exist. Both with different advantages. If you want more control over your private keys, you should choose Dex. I guess that is why Binance is introducing its Dex exchange to satisfy customers that may prefer Dex characteristics
hero member
Activity: 1358
Merit: 509
I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.

Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.

Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.

So, what would you change? what would you remove? and what would you add?
Due to this reason, you can use decentralized exchanges and private key will be on your own use. If the reason is that the DEXs are more useless, I agree with you.
I do not think there is a big problem with exchanges. There are already hundreds of exchanges available and you can find one that suits your own criteria.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
I hate the high transaction fee and fake volume, this is happening in over 80% of exchanges.
legendary
Activity: 1862
Merit: 1015
Things that I hate the most about an exchange especially HitBTC is the withdrawal fees. If I compare the withdrawal fees with Bittrex, Mercatox, etc, HitBTC is the worst, the fees are very huge for me. I know I only need to choose a coin/token that have low withdrawal fees, but there is a case that i need to withdraw only with this X cin that have huge withdrawal fees.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
I hate that poloniex doesn't offer more currency pairs. I understand they only pick up coins that have proven uses and a good backing, though.

I hate the fact that coinbase doesn't allow for instant sending after a wire transfer.
using poloniex is not very safe. After this exchange was bought by an American company - there is no confidence in it.
full member
Activity: 644
Merit: 101
many shit coins that are still traded there. they should be active in delisting such coins. and maybe security must be increased. Exchange security is now very easy to crack.
hero member
Activity: 798
Merit: 531
Crypto is King.
I hate that poloniex doesn't offer more currency pairs. I understand they only pick up coins that have proven uses and a good backing, though.

I hate the fact that coinbase doesn't allow for instant sending after a wire transfer.
full member
Activity: 1024
Merit: 100
I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.

Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.

Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.

So, what would you change? what would you remove? and what would you add?
nothing needs to be changed, everything is good. the exchange where I trade has provided options with Fiat, so that's good. what you need to add is a coin, there are lots of good cards but not yet available in the exchange.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
If I'm not mistaken, Binance is now developing and testing its decentralized exchange. We can say that this is another + in favor of Binance.
Beta testing is already underway and competition is being held in which you can win more than a thousand of BNB coins
member
Activity: 588
Merit: 10
Bounty Detective
If I'm not mistaken, Binance is now developing and testing its decentralized exchange. We can say that this is another + in favor of Binance.
full member
Activity: 504
Merit: 100
Fees, that's the only issue I have at the moment, and as an active trader it makes things more difficult, I make use of an exchange that provides quality security service and other additional pecks,but I do a lot of trading and a lot of moving coins here and there, the fees are quite a hiccup sometimes
and in fact, of all the listed problems, which are very annoying to users, for me, the most important thing is tariffs. In any case, I always did not trust more than one exchange, Because there are always some nuances, Where I can either lose money, or some situation will appear, which will lead again to losses. Kys Khadya because of this, I never for a long time leave my coins in the wallets of trading platforms and exchangers.
member
Activity: 210
Merit: 19
Fees, that's the only issue I have at the moment, and as an active trader it makes things more difficult, I make use of an exchange that provides quality security service and other additional pecks,but I do a lot of trading and a lot of moving coins here and there, the fees are quite a hiccup sometimes
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
It is only a dream for now "Easy buying crypto with fiat money with hassle free". No such things as far as I know, I never have bought crypto from my own money, I only got it from payments such as signatures and other bounties so I really can't tell you how. All I did was convert my crypto assets to cash, I did buy few ICO coins but not with my fiat money. If there are to change in current trading I want an ATM machine that could trade list of a thousands coins for fiat. I want to have that kind of machine in our city. I am using top ten exchanges and most of them are likely the same, high fees and takes more or less 30 minutes  to withdraw or deposit, so if ever possible I want the instant one.
sr. member
Activity: 630
Merit: 250
I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.

Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.

Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.

So, what would you change? what would you remove? and what would you add?

most of the exchange don't give you access to your wallet private keys. If you want it then pass your coin to you own wallet.
what i hate about my current exchange is their support in unreachable.
full member
Activity: 826
Merit: 111
I'm really curious about what other people hate about their exchanges, maybe if we start complaining loud enough the exchanges will improve or new exchanges will solve these issues.

Right now what I hate is the fact that I don't have access to the private keys of my funds, I don't feel secure because of that.

Also, I would for the process to be simplified and streamlined, I want to buy crypto with Fiat as easily as I buy stuff on Amazon.

So, what would you change? what would you remove? and what would you add?
When someone is doing trades regularly on an exchange want to withdraw their funds too often then they hate to see the high withdrawal fee and waiting time because the fee is actually very huge when compared to the blockchain network traffic so if there is an exchange give low fee then it will get more traders.

I too feel the withdrawal fee and at times the time we have to wait to see the amount gets reflected in the respective wallet we sent to and nothing else. I do trade at Hitbtc.
I have not yet experienced even a site down or any issues causing me loose my trade. Just the withdrawal fee was i felt that it could be less than what they do charge usually.
copper member
Activity: 1190
Merit: 3
This is really good and genuine question. Whenever a user uses exchange, finds few flaws in it which makes him or her a bit uncomfortable for trading.
For me there are two things.
First is, exchange fee. Sometimes I feel that the exchange is for large investors or traders and not for small investors like me. In such situations, it becomes difficult to purchase or send  only few tokens from exchange.
Second important thing I feel is lack of availability of tokens on exchange. Not every exchange is supporting all altcoins. This in turns makes it difficult to manage different exchanges for different altcoins to trade.
member
Activity: 742
Merit: 16
Many exchanges claim there security is top notch and when you leave funds on that exchange hacks happens, this is why I prefer p2p exchanges like swap ,no profile ,no accounts and many exchanges are implementing KYC this days yet that doesn't solve the issue of hacks ,its annoying
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