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Lubruselu

What's the problems with exchanges?

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If they have great volume and don't rank to begin with at that point most likely their location isn't simple to utilize and less straightforward or has an tricky show.. Yobit is one of the best exchange now in cryptocurrency world.

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Good post dear,it is very useful sharing information in this forum because you are next time a post include a other questions related exchange because you are a very good experience in this forum,thank you for sharing information in this.

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This morning, a hat is made here very well And I want to give you money to send Should Shera use movie exchanges that do more animals and which people use more So that you can easily transfer your money from one place to another Can transfer and exchange.

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There are a lot of problems in this.Some time its time consumption like if you want to trade with your money it takes very time to do trade.Some times its about  tax means when you exchange your currency they deduct a huge tax for this transfer without  telling about  it.Sometimes its about scam.

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If I see any platform that has a large number of investors or any currency that has a large number of traders, it will gain a great reputation and confidence, especially if the conversions are at a low price and the transfers are fast and we know speed plays a role in trading since the currency rises and falls within minutes

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when you exchange your coins with others the other person may be  fraud person and stole your money and coins you will lose your assets. Mostly exchange sites are fake. Beware of these.

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The first and and most scary barrier to exchange is scammers, nobody want to want a victim to that, secondly is exchange rate, if bought at a certain price and the value depreciates, days a loss, not good at all.

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There are a ton of trades out there that is truly misjudged, and on the off chance that you are searching for best trades, at that point I figure everything thing you can manage is look for yourself, a few people here will prescribe you binance and I will to on the grounds that binance is an incredible stage.

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On 12/5/2019 at 11:57 PM, Lubruselu said:

Guys you know whats the problem of that's exchanges which have huge trading volume and marketcap than binance exchange but they are not in first rank! So what's does it means? are those exchanges not trusted much than binance exchange

Everything has its dark side. Nothing is perfect in the world. Yeah binance exchange isn't in the first rank for its dark sides. Moreover yobit exchange is also one of the best exchange platform in the crypto world but it has also have dark sides. In spite of these dark sides, we should choose the best and secure exchange platform for the trade. 

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They do not appear as the dominant in the market for various reasons, for example they do not have a large user base, so the volume or high capitalization they maintain is not supported, based on that, they do not enter the list, an example is Mercatox, an exchange that claims to handle almost the same capital as Yobit but not even God uses that exchange.

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Hi friends @Qamar shehzad  

The largest problems of crypto exchange according to trader is that 

security =40%

Hight trading fee =37%

customer support is =33%

lack of liquidity =36%

crypto exchange is most spreads on the market due to the very low investment.

exchange is much better protected against hackers .

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No, they are not trusted at all, I don't have complete trust on any exchange, but all those that had these fake volumes were scamming the crypto world and thinking that all crypto users were idiots and were going to use them for their fake volumes.

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 This may be for a short period, so we did not get the first place after Binance has Amber popularity because it compensated its users after the hacking incident that happened so everyone prefers to use it 

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I always prefer yobit and binance exchange. It don't matter our exchange are nbr 1 ranking it may b fake made by the exchange. But the exchange should be trustable and and have secured .otherwise it may b the lost of coins.

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In the world we live in today, money talks & BS walks. Some of the rating sites for exchanges, take " Donations " ( kickbacks ) from exchanges so they are raked better. Then different rating sites have different criteria to evaluate an exchange. So what happens or is rated on one site, doesnt mean all rating sites will rate the same exchange in the same manner or way.


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Well I have very vary little idea about this I think older members of the forum are the ones that will know the problems of exchanges, since they have lot of idea about it, it unfortunately I can't really contribute to this topic

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I think that no one knows what the problems of these exchanges are except what he works for and also for the increasing and low currency prices that no one can know. 

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The problem with other exchanges is being suspicious especially if it is not popular and it has KYC. Also, I encounter that when you make a deposit or withdrawal it took a week before it will be successfully transferred to you or in your account. And also be aware of fake and scam exchanges because there are a lot of existing online.

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Trusted originated from great administrations however number one trades is depend all factor ( wellbeing, volume and coins list ). Fabricated that notoriety isn't simple and as clients I just expectation trades will grow up with new innovation and program to help their work. About the best, number 1, and so forth allows other decide.Trusted originated from great administrations however number one trades is depend all factor . Assembled that notoriety isn't simple and as clients I just expectation trades will grow up with new innovation and program to help their work. About the best, number 1, and so on allows other choose. what's more, Problem I see wellbeing and security. What number of trades have revealed hacking their account.cryptopia is one trade went bust.there ought to be greater security I assume if crypto progress admirably.

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Well there are some technical problems on the exchange sites now a days technical issues are very in because many people are now registered on the yobit platform so don't you worry about that this will be resolved as soon as possible. Thank you 

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I think the main problems with some exchanges is security problems. All exchanges not offering good security system. And other problem is high fee of trading mean that not offering good opportunity for trading.

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Now a days there are some technical issues are going to be head. But don't worry this problem will be solved as soon as possible. There is nothing to take tension dear mate. Thank you So much 

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On 12/5/2019 at 8:57 PM, Lubruselu said:

Guys you know whats the problem of that's exchanges which have huge trading volume and marketcap than binance exchange but they are not in first rank! So what's does it means? are those exchanges not trusted much than binance exchange

Always the fakes exchanges they are always providing their own fake review on their exchanges such a total users, marketcap, trading volume and launced date of long time ago, but if you'll try to find the exchange review on other platforms such as coingecno, you'll never find the exchange, so that's means the exchange is unknown.

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Talks over regulation of digital currencies and crypto exchanges are a way to help the market become healthier and more transparent. Cryptocurrencies and exchanges indeed have many issues to address and challenges to overcome. Here, we highlight some of the main concerns and recent issues that are preventing the crypto revolution from progressing to its next stage.

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