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Being in a position to make trades or exchange currencies while on the move is in demand. Most dependable and modern DCEs have developed mobile programs for their website. 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 mobile web browser. .

Once you're knowledgeable about the exchange and trading instruments available, the next step is to sign up to the DCE. We examine how easy it is and also the credentials you need to be able to sign up to your exchange. In general, most DCEs have an extremely similar sign-up process; however, a few do come with their own unique requirements. .

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

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Security 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 the exchange can be overlooked. Something to keep in mind is when we are reviewing security, we are not only looking at how protected the servers really are.

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

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

We also look at how well backed up the systems being used to keep your cryptocurrencies are. Some exchanges utilize multiple locations for disaster recovery with information centres spread around the world. Other folks 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 dealt 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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Each DCE should have a reputable customer service department. Unfortunately, that is not always the case. It is surprising to find that some of the very well-known DCEs have a few of the worst ticket support around. Thenthere are DCEs with tools that are bad, but excellent customer care.

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

When the DCE is not looking after us as a company, then we mark down their trust rating. We also look out for 24/7 service service, like it DCEs with quick support chat programs, telephone support, email service in addition to social websites. Furthermore, it is essential that all DCEs we review have excellent FAQ and self-help sections. .

Some DCEs have comprehensive news and blog sections as well as training sections showing you how you can trade, exchange and in general training that you not only how to use their website, but also the way the blockchain works, trading tips, industry news and 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 are bringing cryptocurrency approved by their DCE to the table.

On the other hand, many of the exchanges which accept fiat currency and fiat currency payment procedures or 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 have designed a site that not only keeps track of the blockchain economy but one which also tracks all the pros and cons of using Cryptocurrencies Exchanges.

In the end of every review, we give a section which will be branded Why choose **** Exchange. We'll list the pros and cons of every exchange which are utilized to think of a final rating index out 10 for your DCEs trust score.