My biggest problem with crypto exchanges are high cost in withdrawal transactions. As exchanges are considered to be susceptible to attacks I will feel safer if my investments are in my wallets. Having said that, transaction fees in general should come down if crypto currencies trading is to pick up pace.
The transaction fees will be straight with the price of the currency itself, Remember when ripple cost about less than $0.01 and the fees was really cheap but ripple growth $3.4 for each coin and that makes the fees become ridiculous at all. But as long as the exchange site still able to manage their users and that will be fine
That's a part of a business in crypto exchange site with have a high fees, but that's normal have a fees in every transaction.
Behind that transaction fees you're money that putting on trading will be safe as well.
So far, this is the problem that I got from almost all of crypto exchange market that I joined.
1. bigger order, bigger fee.
2. lack of support (slow response, etc).
3. server (when some coin on its hype and many people start to trade it at the same time, it will crash).
4. and withdrawal time is not as fast as when we deposit into the exchange. just why?
I agreed with you, yes! these statement above are true mostly exchange site now like that, they are protecting you're money from different hacker if ever. I think high fees are worth it of it.
But as what i have said that is okay as long as you're money are safe in their as wallet as well.
