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

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

Some DCEs will provide you levels 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 further credentials. .

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Safety is one of the utmost important sections that we cover. There are many DCEs out there and so many advantages that sometimes the security of this exchange can be overlooked. Something to keep in mind is when we reviewing security, we're not only looking at how secure the servers really are.

Primarily the connection with servers and the encryption used as well as user account privacy are assessed. When we see any openings in any of these areas, then we'll expose them. Areas like 2-step authentication, SMS verification, and browser as well as device security are some of the security points we cover intensely. .

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

In addition, we look at how nicely backed the systems being used to keep the cryptocurrencies are. Some exchanges use multiple locations for disaster recovery with data centres spread around the world. Other folks utilize dedicated encrypted cloud hosting services like the ones provided by Amazon.

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

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Each DCE should have a respectable 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 their worst ticket support around. Thenthere are DCEs with bad tools, but excellent customer care.

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

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

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

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Not all DCEs restrict 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're bringing click for more cryptocurrency approved by their DCE into the table.

On the other hand, many of the exchanges that accept fiat currency and fiat currency payment procedures or even e-wallets as payment can confine certain countries from 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 that not only keeps an eye on the blockchain economy but one which also tracks all the pros and cons of using Cryptocurrencies Exchanges.

At the end of each review, we provide a section that will be branded Why select **** Exchange. We'll list the pros and cons of each exchange that are used to come up with a final rating out 10 for the DCEs trust score.