Well, you’re still here, wading through the mind-boggling wonderland that is the cryptocurrency universe on a thrilling wild ride. Hold onto your seats, as the digital bazaar is anything but risk-free Picking out the proper crypto exchange is about as difficult as dealing with camel parking issues. But should you go to the neighborhood watering hole, or the glimmering exchange in Sweden? There are too many choices, Fields filled with Crypto Bugs and you just can’t go to bed without knowing which one is the best crypto exchange.
First off, start with Security because why lose coins to a digital pickpocket? Nothing worse than arriving at Fort Knox, only to discover it’s really Fort Folly. Some exchanges give you a new layer of security to let you sleep peacefully, and that my friends is 2fa. Even the password to get into your vault wouldn’t be enough.
Liquidity…oh yeah that’s a thing. Having tried to sell your camel at the Sunday markets lately? No buyers? You want high trading volumes. More coins moving is a good thing. With an exchange that trades high volumes, YouWant to be hearing coins clinking, and trades wrapping up faster than gifts on X-mas eve. Bigger the exchange the better.
User experience is a key component in this too. Cryptocurrency needs absolutely the most minimalistic interface design that you can imagine. Hence if you have a clean SIMPLE interface? Rather then being internally questioned all day, you now ask as if it were a whisper. You do not need a hole new way for it, as long as the wheel ON the car still turns.
Oh yes, Fees! They are the small bites that hurt for the exact amount of time you need to be getting ready for that VIP party next week. Go as deep as you can. Some exchanges tell you one thing and mean another – all the fees are hidden or located underneath and ‘terms and conditions’. As the saying goes: You should always read the fine print.. unless waking up to a clown instead of a cat is usual for you!
Customer service is another thing to give merit for. It’s the difference between having someone to turn to for help and your Netflix being just out of reach as you start the sickness of déjà vu. Now, if you need to call out for aid and look nothing more than a brick wall to talk to, something is missing. You need a network there for you, around the clock. Reliable services are a diamond in the rough that we see very little of nowadays, and they will go down in history.