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

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

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

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Security is one of the utmost important sections that we pay for. There are many DCEs on the market and so many positives that occasionally the safety of this exchange can be overlooked. Something to bear in mind is when we are reviewing security, we are not only looking at how protected the servers are.

Primarily the connection to servers and the encryption used as well as user account privacy are reviewed. If we see any openings in any one of these regions, then we'll expose them. Areas such as 2-step authentication, SMS verification, and browser in addition to device security are some of the security points that we pay intensely. .

On top of this, we look at how well backed the systems are. Some DCEs utilize centralised systems, which are not necessarily the safest. We'd suggest only using DCEs using centralised systems to transfer from your wallet for exchanges and transactions and once you're done to transfer your electronic currencies back to a pocket. .

We also look at how well backed the procedures being used to store your cryptocurrencies are. Some exchanges utilize multiple locations for disaster recovery with information centres spread around the world. Others use dedicated encrypted cloud hosting services like those provided by Amazon.

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

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Every DCE ought to have a reputable customer service department. Unfortunately, that's not necessarily the case. It's surprising to see that some of the very popular DCEs have some of the worst ticket service around. Then, there are DCEs with tools that are bad, but excellent customer support.

We've been members of each cryptocurrency exchange support that we've reviewed. Our staff evaluation customer care on a regular basis to be certain we are keeping them on their toes.

If the DCE is not looking after us as a company, then we mark down their trust rating. We also look out for 24/7 support assistance, DCEs with rapid support chat programs, telephone support, email service as well as social media. What's more, it is essential that all DCEs we review have excellent FAQ and self explanatory sections. .

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

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

On the other hand, many of the exchanges that take fiat currency and fiat currency payment methods or even 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 here a site which not only keeps an eye on the blockchain economy but one that also tracks all the pros and cons of using Cryptocurrencies Exchanges.

At the end of every review, we give a section which will be branded Why select **** Exchange. We will list the pros and cons of each exchange which are used to think of a final rating out 10 for your DCEs trust score.