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

Once you are familiar with the exchange and trading instruments available, the next step is to sign up to the DCE. We look at how easy it is and the credentials you need to have the ability to sign up to your exchange. In general, most DCEs possess a very similar sign-up process; however, a few do come with their own unique requirements. .

Some DCEs will give you levels of trading depending on the ID which you supply. If you just provide an email address and confirm the email, then you are going to be given a limitation to the value of currencies you can exchange or trade. To increase the limit, you'll need to provide 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 advantages that occasionally the safety of this exchange can be overlooked. Something to keep in mind is when we reviewing safety, we're not only looking at how secure the servers are.

Primarily the connection with servers and the encryption used in addition to user account privacy are reviewed. If we see any holes in any one of these areas, 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 we cover intensely. .

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

We also look at how nicely backed the procedures being used to keep the cryptocurrencies are. Some exchanges utilize multiple locations for disaster recovery with information centres spread around the world. Others utilize dedicated encrypted cloud hosting services such as the ones supplied by Amazon.

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

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Each DCE should have a respectable customer support department. Unfortunately, that is not always the case. It is surprising to see that some of the very well-known DCEs have some of their worst ticket support around. Thenthere are DCEs with tools that are bad, but excellent customer care.

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

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

A few DCEs have comprehensive news and blog sections in addition to training sections showing you how you can trade, exchange and in general training that you not only how to utilize their website, but also the way the blockchain works, 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 as long as you're bringing cryptocurrency approved by their DCE to the table.

On the other hand, many of the exchanges which take fiat currency and fiat currency payment methods or even e-wallets as payment can confine certain countries from great post to read being able to sign up to their exchange.

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

In the end of every review, we give a section that will be titled Why select **** Exchange. We will record the pros and cons of every exchange which are utilized to think of a final score out 10 for your DCEs trust rating.