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Author Topic: What features are you looking for in exchanges?  (Read 5470 times)

Offline Abdulkareem

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Re: What features are you looking for in exchanges?
« Reply #30 on: March 13, 2022, 09:43:45 AM »
A question to Brokenwings member, Contributing to Crowdloan is done with Pdexs that people have?

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Re: What features are you looking for in exchanges?
« Reply #30 on: March 13, 2022, 09:43:45 AM »

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Offline Brokenwings

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Re: What features are you looking for in exchanges?
« Reply #31 on: March 13, 2022, 09:46:24 AM »
Well not really because contributing is not with the pdex.To join the Polkadex Crowdloan by contributing DOT via partners, exchanges and walletss such as Gate.io,Kucoin, Mexc and couple of wallets like Tallisman. More detailed information is available on the Polkadex site. I suggest you take a look there.

Offline Nazende

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Re: What features are you looking for in exchanges?
« Reply #32 on: April 12, 2022, 07:56:23 AM »
I try to pay attention to things like convenience, innovation and diversity in addition to basic trading. My preference is now generally DEXs. Polkadex which is based in Polkadot, is the one I reviewed outside of the top exchange.
Polkadex is a good option i agree
It is one of the first names that come to my mind when it comes to diversity because Polkadex, which is basically an exchange, also has launchpad, swap platform, mobile app and bridge products called Thea.

Offline Ivysaur

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Re: What features are you looking for in exchanges?
« Reply #33 on: April 13, 2022, 07:51:15 AM »
A question to Brokenwings member, Contributing to Crowdloan is done with Pdexs that people have?
Well i didnt finished yet Abdulkareem because it takes a certain amount of time to become a Parachain, and this Crowdloan time is gradually happening. For example, Crowdloan batch 3 recently started with a higher reward system. Previously, the number of Pdex rewards for each DOT was 1, now this number is 2 Pdex = 1 DOT. So if you're wondering, it's still an ongoing process.

Offline juniperion

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Re: What features are you looking for in exchanges?
« Reply #34 on: April 14, 2022, 09:24:41 AM »
Crypto exchanges have lost trust day by day in my country, Turkey. CEO of Thodex which is a crypto exchange left the country with all assets on the exchanges. People concerned about security and stability issues. Most of the exchanges don't provide a flawless user experience. When the market is volatile, orders don't work. You can't sell or buy coins. So, you can miss opportunities in the market. Another problem is the speed of transactions. I remember that I waited to succeed in my withdrawal the whole day. These are annoying. You are aware of something happen any time. So, these are vulnerabilities of centralized exchanges. I met Byte Exchange a couple of months ago. It has really fast. Transactions process almost at that moment. It has 85 million TPS. That means everybody living in Turkey can order sell or buy, it will be executed successfully. Additionally, The exchange wallets were insured by Fireblocks company. Owners of the Byte Exchange can't control wallets. They don't have private keys. Fireblocks provides 47 security layers. So, security is not a problem. My experience is quite well. I don't think about using other exchanges. I also should mention about staking platform of Byte Exchange. Byte Exchange shares %50 net profit with the community. Bext is a utility token of Byte Exchange. It has 312 million total supply. The exchange buys back Bext from the market daily and distributes people who BEXT staked on the platform. So, you can earn like a shareholder of Byte Exchange. They called that community-based exchange.
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https://trade.bexc.io/ref/RJB5ZK

Offline Cynthia Felix

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Re: What features are you looking for in exchanges?
« Reply #35 on: April 22, 2022, 02:12:02 PM »
When looking out for exchange platforms, I check security first then if the platform is user friendly, how fast and reliable it is.

Online Doovla

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Re: What features are you looking for in exchanges?
« Reply #36 on: May 02, 2022, 10:14:04 PM »
Personally what is first that is the look. The way toolbar is placed with primary options. Second is speed of procedure that options are also reacting and doing procedure.  Third is fee. How much is it and does it change in way of value per hour or day. Good thing and what i want is the lowest possible and fastest possible. Fourth is market design and its chart look also so that would be that.
Do you have some suggestion of exchange like that mentioned?

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Re: What features are you looking for in exchanges?
« Reply #36 on: May 02, 2022, 10:14:04 PM »


Offline Parastatal

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Re: What features are you looking for in exchanges?
« Reply #37 on: July 07, 2022, 03:24:03 PM »
Try capitalwallet. Based on the criteria you’ve mentioned I think you would like it.

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Re: What features are you looking for in exchanges?
« Reply #38 on: July 08, 2022, 07:47:58 PM »
I will choose a complete exchange feature, such as being able to saving or staking program, the interface is friendly and easy to use. and most importantly low trading fees. I've been using binance a lot lately
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Offline Altcoin1998$

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Re: What features are you looking for in exchanges?
« Reply #39 on: August 28, 2022, 10:29:56 PM »
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Offline Condorlaib

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Re: What features are you looking for in exchanges?
« Reply #40 on: September 04, 2022, 09:39:45 AM »
Binance remains the leader among centralized exchanges - 69.5% of the total trading volume takes place on this platform.  In second place is the Coinbase exchange with a score of 9.3%, and FTX closes the top three (7.8%).  Decentralized exchanges also have a clear leader with over $40 billion worth of trades on the Uniswap platform. Trading through the Curve and 0x protocols is also popular.

Offline sery2013

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Re: What features are you looking for in exchanges?
« Reply #41 on: December 04, 2022, 08:47:13 PM »
One of the features I look for in an exchange is the speed of transactions. That's why my current favorite is Polkadex. Polkadex has a transaction speed of 500,000, which is faster than most leading exchanges.

Offline juniperion

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Re: What features are you looking for in exchanges?
« Reply #42 on: January 11, 2023, 01:51:08 PM »
Speed is really important. I am annoying my orders weren't be processed at instantly. But, security is also very important. This is my first priority. I believe that CEXs have to be change to the platforms which provide infrastructure and technology for minimum necessity of Trust. I know that any centralized platform can't be provide %100 trust as blockchain. But they have to spend money and be worry about providing security and no compromise.

Byte Exchange has loyal to blockchain mindset. It has both 10 million TPS and advanced security solutions.
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https://trade.bexc.io/ref/RJB5ZK

 

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