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

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

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

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

Firstly the connection with servers and the encryption utilized as well as user account privacy are assessed. When we see any holes in any one of these areas, then we will expose them. Areas like 2-step authentication, SMS verification, and browser in addition to device security are some of the security points that we cover intensely. .

On top of this, we look at how well backed up the systems really are. Some DCEs use centralised systems, which are not necessarily the safest. We'd 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 digital currencies back to your own pocket. .

In addition, we look at how nicely backed up the systems being used to store your cryptocurrencies are. Some exchanges utilize numerous locations for disaster recovery with data centres spread around the world. Others use dedicated encrypted cloud services such as those supplied by Amazon.

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

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Each DCE should have a respectable customer support department. Unfortunately, that is not always the situation. It's surprising to find that some of the most popular DCEs have some of the worst ticket service around. Then, there are DCEs with bad tools, but excellent customer support.

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

If the DCE is not looking after us as a company, then we mark down their confidence score. In addition, we look out for 24/7 support service, DCEs with quick support chat programs, telephone support, email service as well as social media. What's more, it's essential that all DCEs we examine have excellent FAQ and self-help sections. .

Some DCEs have comprehensive news and blog sections in addition to training sections showing you how to trade, exchange and in general training you not only how to utilize their site, but also how the blockchain functions, 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 take only cryptocurrencies are not fussy about which country you come from so long as you're bringing cryptocurrency accepted by their DCE to the table.

On the other hand, many of the exchanges which accept fiat currency and fiat currency payment methods or 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 the reason we've designed a website that 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 each review, we provide a section that will be titled Why select **** Exchange. We will record the pros and get redirected here cons of each exchange which are utilized to come up with a final rating out 10 for the DCEs trust rating.