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Being able to make trades or exchange currencies while on the transfer is in demand. Most reputable and modern DCEs have developed cellular apps for their website. For the most part, it is only Android or iOS users that can benefit from a DCEs mobile program. Blackberry and Windows users may generally still need to use their cellular web browser. .

Once you're familiar with the exchange and trading tools available, the next step is to sign up to the DCE. We examine how easy it is and the credentials you need to have the ability to sign up for the exchange. In general, most DCEs have an extremely similar sign-up process; however, some do come with their own unique requirements. .

Some DCEs will provide you amounts of trading depending on the ID that you supply. If you just supply an email address and confirm the email, then you will be given a limit on the value of currencies you can exchange or trade. To increase the limit, you'll need to provide additional credentials. .

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Safety is one of the most important sections that we cover. There are many DCEs on the market and so many positives that occasionally the safety of the exchange can be overlooked. Something to keep in mind is when we reviewing safety, we are not only looking at how protected the servers are.

Primarily the connection with servers and the encryption used in addition to user account privacy are reviewed. When we see any holes in any of these areas, then we'll expose them. Areas such as 2-step authentication, SMS verification, and browser as well as device security are a number of the security points we pay intensely. .

On top of this, we look at how nicely backed up the systems really are. Some DCEs utilize centralised systems, which are not always the safest. We would suggest only using DCEs using centralised approaches to transfer out of the pocket to get exchanges and transactions and once you are done to transfer your electronic currencies back to your own pocket. .

In addition, we look at how nicely backed the procedures being used to keep your cryptocurrencies are. Some exchanges use numerous locations for disaster recovery with information centres spread around the globe. Others use dedicated encrypted cloud services like the ones provided by Amazon.

Finally, as there has been a lot of news regarding several DCEs being hacked and electronic currencies stolen. We will point out that DCEs have been hacked in the past, how they dealt with the hack, did they pay their client article base, and that which has been done to ensure that there is not a repeat incident. .

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Every DCE should have a reputable customer service department. Unfortunately, that is not necessarily the situation. It is surprising to find that some of the most well-known DCEs have some of the worst ticket support around. Then, there are DCEs with bad tools, but excellent customer care.

We've been members of every cryptocurrency exchange support that we have reviewed. Our team test customer support on a regular basis to be certain that we are keeping them on their toes.

If the DCE is not looking after us as a company, then we mark down their confidence score. We also watch out for 24/7 support service, DCEs with rapid support chat programs, telephone support, email support in addition to social websites. Furthermore, it is vital that all DCEs we examine have excellent FAQ and self-help sections. .

Some DCEs have comprehensive news and site sections in addition to training sections showing you how you can trade, exchange and in general training that you not only how to use their website, but also how the blockchain works, trading tips, industry news and much more.

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Not all DCEs limit other countries from signing up their exchange. Mostly exchanges that accept only cryptocurrencies are not fussy about which country you come from as long as you are bringing cryptocurrency approved by their DCE into the table.

On the other hand, many of the exchanges which accept fiat currency and fiat currency payment procedures or e-wallets as payment can confine certain countries from being able to sign up for their exchange.

There are many pros and cons to cryptocurrency exchanges. This is actually the reason we've designed a site that not only keeps track of the blockchain economy but one that also tracks all of the pros and cons of using Cryptocurrencies Exchanges.

At the end of each review, we provide a section which will be titled Why choose **** Exchange. We will list the pros and cons of each exchange that are utilized to come up with a final score out 10 for your DCEs trust rating.