What do we use to judge a crypto exchange to be good?

[Trush Jodie]

A crypto exchange is a platform where crypto tokens are being traded as in bought or sold. Some exchanges have been known to be very excellent. What are the things that makes a cryptocurrency exchange very good? What do you look for in a crypto exchange?

 

[Suba]

There are many factors that we must consider to assess whether a crypto exchange is good and trustworthy, such as legality, security, website/app appearance, ease of use, mobile friendly, payment methods such as global and local fiat money, liquidity, transaction/deposit fees and trading fees, number of crypto assets, number of users, reputation, insurance, customer service, etc.

 

[Fidelia]

The speed of transactions apart from security is also what I use to ascertain how good a crypto exchange is.

 

[King Belieal]

I look also at the range of payment options that are available on the exchange. That determines if I would use the exchange or not.

 

[Augusta]

it is a platform that employs robust security measures and utilize advanced security protocols, such as two-factor authentication (2FA) and cold storage for funds

 

[riberet19]

A good exchange is one that has low fees, many cryptocurrencies, options to earn with them, good security methods, fast withdrawals, and good trading options.

 

[Kross]

A good crypto exchange has a good customer support. They don't waste time to respond and resolve issues.

 

[Trush Jodie]

It is the ease of use of the basic functionalities of the crypto exchange that I use to judge if it is a good crypto exchange or not.