To choose the best cryptocurrency exchange platform, you have to evaluate many factors. - Page 3 - Exchanges - CryptoTalk.Org Jump to content
redamoun

To choose the best cryptocurrency exchange platform, you have to evaluate many factors.

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On 16.03.2020 at 05:22, dshuy20 said:

Yeah... you are absolutely right....it os very important to choose an exchange site.

Because an exchange site is very important thing...it that was not trusted...your coin should be lost...

We have awesome security like a castle. The foremost critical issue to consider is exceptionally supportive and I will counsel

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12 hours ago, sumitshet said:

Main factor for me is 24/7 support by the exchange, and deposit and withdrawals should be maid by proper methods of people are using, and security of the exchange with fund's of the people 

Reliable support and fast response is also good, so if you have questions about the service, we can immediately help.

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On 10/13/2019 at 5:07 PM, redamoun said:

HTTPS

Thanks for sharing this topic I understand it but this point is black on me what that is mean , HTTPS, not HTTP is mean I didn't get the phrases here

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On 10/13/2019 at 5:07 PM, redamoun said:

One of the most important issues to consider is, my new traders, before you choose the stock you intend to trade through, which you can rely on for reference.
These points can be considered among the most important recommendations to be considered:
1 - Verify users by ID
2 - must include security, and the web address of the exchange platform must start with HTTPS, not HTTP.
3 - Liquidity and access to many options for investment through banks
4. Reasonable and limited fees.
To review and compare the best exchange platforms, follow this link.
5 - The platform must be available on many markets and prefer the existence of a market for non - digital currencies such as the dollar and the euro.
I have given you these recommendations and some tips on choosing the best exchange platforms, but keep in mind that it is up to you what you are looking for. Once you find the platform that meets your basic requirements - such as which supports the currencies or trading pairs you want, and any advanced service you need - money is your money and the choice is yours.

For sure thanks for informing but i see alot of suspended coins in alot of famous exchange and I do not know why is that how can an exchange put bad coins inside of it ?.

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On 3/16/2020 at 3:10 PM, Batoul al eman said:

Thank you for sharing these recommendations I expect it is good, especially for beginners to trade, I am working on yubit now and find it good

All beginner can fin any thing in Yobit exchange dont need to search for other exchange , it's my first one in crypto currency and i work on it still now 

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4 hours ago, gk001 said:

You have to choose the crypto currency that you makes more or gives you more money for your working time so let it be works here more and more to earn lots of coins which is directly added into wallet .

Indeed, you can evaluate some good cryptocurrency, which give you more money than others. Before choosing good exchange make your own research. 

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Thank you for sharing that, and yes is very important for a newbies in cryptocurrency before they engage in such trade they should to investigate first about the reputation of such website exchange, their volume, their movement of buy and sell this is important.

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Thanks for mention some important and needy point to choose the exchange platform. I use Binance and Coinbase. But Binance is best altime for their some good features like small fees and layability.

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Thank you for sharing this information. First important about choosing platform that gives us really opportunity for security. l advise choosing most popular and the best safety platform. It is really important. 

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Chain Up offers the maximum advanced specialised help of white mark alternate level. Has a few understanding in make a crypto exchange and flexible software internet plan and development.

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Yes, that is correct if you want to choose a good platform, you must rely on these requirements and through that you can determine the best platform and I suggest yobit and binance platform


 

Life is great and enjoy it

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Yes we all should consider all those factors before choosing any crypto exchange. For me only the reputation and security of exchanges matters a lot then all other factors.

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I have already chosen my favorite exchanges first binance but just the opposite because it does not require kyc within certain limits and has the possibility of 2fa, and then also yobit...


 

 

 

 
 
 

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After evaluating those factors, you need to also research about the team behind the exchange, the reviews from the traders that used it before and how successfully it will be

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Well for me if the platform has good customer service and is doing good in exchange for long term like binance or yobit then i am ok with that. Also verify id id you mean kyc verification i don't want to go with such exchange.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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It is very difficult to track users through the identifier, but it is known that honest and good platforms have a large number of subscribers in addition to a large number of exchange pairs and when searching for them on all websites and YouTube we will find a lot of advice about their credibility


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Thanks dear friend for Sharing this with us I must say this point you mentioned can actually help us to choose a good cryptocurrencies exchange platform, and also we must use an exchange platform which the security is superb.

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A very good list of factors in choosing the best exchange but I will still add a couple of others as much important.

  1. Good Customer Support: At one point or the other when using an exchange, one might think encounter a problem, maybe a delayed transaction, funds missing that will require the help of the customer service.
  2. Trading volumes and Tradable pairs: Although exchanges do fake volume at times but it should also put into consideration when choosing one and the available trading pairs is important to.
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Your tips and you mention every point useful to chose best exchange, because some exchange not provide string security and trading pairs also some useless coins added, so that time your tips useful I use coinbase for trading and now I switch in yobit.

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One of the primary things which we need to become aware about it is legitimacy of that exchange such as if we invested into scam exchanges like idax exchange then withdraw is impossible for us so don't waste your money with investment without proper investigation about exchange is real or scam. 

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My criterias when I choose an exchange are:

  • reputation
  • trading volumes
  • trading pairs
  • exchange fees
  • deposit/withdrawal fees
  • minimum deposit/withdrawal amount
  • graphic interface
  • features

My favorite exchanges are Kucoin, Binance, HitBTC, Huobi and Okex.

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good and valuable point that's you highlated . I always check reputation as well it's review on different different platforms , trading and withdrawing fees always matter . I always check what's security method they're offer .

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These are good tips we must follow many things in order for trading to be successful, we must work to choose currencies at good prices and choose the appropriate time to do the buying and selling operations and be able to read the market movement and analyze it well

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Thanks for sharing, choosing the best exchanging platform requires a lot of research so that you can not risk your money in fake exchanges. You have listed good points and we will be success by using them to find a good exchange.

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Time is the ultimate weapon!

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Yes i am agree with you these are the key factors to choose any crypto exchange. Now a days there are a lot of crypto exchanges which do scam with their users. Exstock is one of such exchange. So we need to verify this all things to avoid any kind of scam. 

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