Why have not you allow the possibility to choose more than one option? However If I can say my opinion regarding your question:
I choose an exchange according firstly to the security (and the dev team). Second, according to the volume and liquidity and after I choose to use an exchange also if the site has a great support service.
Topic: Which do you value most when you choose a BTC exchange? - page 2. (Read 1240 times)
Trust and security.
With all the serious hacks that have destroyed exchanges (Mt. Gox, Mintpal, Allcrypt, etc.) or seriously hurt them (Vircurex, Poloniex), security as a top priority should be an absolute no brainer. Who cares if you have slightly lower fees or slightly faster withdrawals or other features if you're going to suffer a major hack and lose customers funds?
Actually, for every exchange I mainly care about the ease of use and the features it has. It has to be something special, not like common exchanges.
If the exchange is well done and has higher quality than others, I am happy to pay more for a better experience
If the exchange is well done and has higher quality than others, I am happy to pay more for a better experience
For me it doesn't matter whether the fees are slightly higher but as long as the exchanger is safe and trustworthy, i really don't mind paying extra for the service. I would rate security as top of list and another would be customer support although i think you should have included that as well.
First is whether or not they accept a US citizen on a foreign exchange. I found only one in Europe that allowed me to trade and that was after many e-mails back and forth proving that I am legally allowed to do so.
Second is deposit/withdraw. If I can't get my money in or out, it is useless. If it costs money to get money in, that detracts.
Third is the cost per trade.
Liquidity helps but if you have time you can eventually convert your fiat to bitcoins even with low liquidity.
Security is a given. If you lose peoples' coins, your business is likely done unless you have a clean track record and immediately rectify the situation. Even then it is a ding that would warn me to stay away.
Second is deposit/withdraw. If I can't get my money in or out, it is useless. If it costs money to get money in, that detracts.
Third is the cost per trade.
Liquidity helps but if you have time you can eventually convert your fiat to bitcoins even with low liquidity.
Security is a given. If you lose peoples' coins, your business is likely done unless you have a clean track record and immediately rectify the situation. Even then it is a ding that would warn me to stay away.
Have to go with Trading depth/liquidity if I am choosing one but customer service is right behind in 2nd place. The thing is as long as the security isn't the worst that has ever showed itself in the bitcoin world, I couldn't really care less as I will only ever put on there what I can afford to lose and yes I have lost some x2 lol but I have made more and have found some trusted exchanges namely btc-e and localbitcoins both am very happy with.
Although security is mandatory, it is not a sufficient condition for me. The exchange would also need to make deposits and withdrawals easy through multiple channels, minimal verification, etc. What is the point of a secure exchange if you cannot get money in and out? The exchange certainly should not ask for more documents than a bank would. I get treated like royalty at my fiat banks (in spite of how much I hate them) - on the other hand I feel like BTC exchanges treat me like I am a 2-bit scammer.
the obvious choice is security, it's basically mandatory to choose that, otherwise you are asking to loose everything sooner or later
the problem is that there isn't any guaranteed that the exchage that you choosed is secure enough(and no matter how famous it is), you can only hope
the problem is that there isn't any guaranteed that the exchage that you choosed is secure enough(and no matter how famous it is), you can only hope
Security.
I will still stay with an exchange with high fees as security is the main thing to be considered. There is no way of finding out if a new exchange is really secure.
I will still stay with an exchange with high fees as security is the main thing to be considered. There is no way of finding out if a new exchange is really secure.
I regularly do small trades and fast conversion from BTC to USD and my control over the coin/FIAT are of utmost importance to me. Hence I chose www.100bit.co.in over others, though sometimes when liquidity is low, I sell at LocalBitcoins as well...
I choose trading depth/liquidity because it's the one that important for me for doing trading, and then the second one is the security. And low fees, is the third important thing for me in trading site 
Hi there, we(www.bityes.com) would like to do a survey regarding the priority selection when you choose a BTC exchange. Welcome to talk about all the options we put up here and others as well. 
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