Most crypto exchanges suck! I was reminded of this trying to trade on Bittrex the other day when the time frames were all messed up for several hours. And I am reminded of it almost daily when trying to trade on Binance without a stop loss. Seriously... how can you even open an exchange without a stop loss?! Or how about wanting to put your funds in USD to protect them when things are down? Nope - hardly any exchange offers that. And if they do, they have poor coin selection. I would pay triple fees to get ALL of following. Would you?
- ability to handle high volume/fast pages (no freezing or slowness!)
- a multi stop loss (..for setting a simultaneous stop loss and sell order)
- low fees
- new coins/ great coin selection
- USD!
- decentralized
- good/intuitive user interface
- good charts & tools
- option to insure funds whether through increased fees or other payment
- high volume
And the next ones are minor but so simple to offer that it boggles the mind how exchanges miss this:
- list the name of the crypto on the page!
(going on binance I often have to look up the name of the crypto from the ticker. give me a break!) - show the usd value of the coin
(ahem, bitfinex.. it would be nice to know how much this damn thing is in anything other than btc)
When an exchange comes along that offers all of the above, they will blow all other exchanges out of the water. And I will use them exclusively.
Did I forget anything? Comment below!
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