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Being able to make trades or exchange currencies while on the move is in demand. Most dependable and modern DCEs have developed cellular apps 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 may generally still need to use their cellular web browser. .

Once you're knowledgeable about the exchange and trading tools available, the next step is to sign up to the DCE. We examine how easy it is and the credentials you need to be able 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. .

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

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

Primarily the connection to servers and the encryption used as well as user account solitude are reviewed. If we see any openings in any one of these areas, then we will expose them. Areas such as 2-step authentication, SMS verification, and browser as well as apparatus security are some of the safety points that we pay intensely. .

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

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

Finally, as there has been a whole lot of news regarding some DCEs being hacked and digital currencies stolen. We'll 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 what was done to ensure 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's surprising to see that a number of the very popular DCEs have a few of their worst ticket support around. Thenthere are DCEs with tools that are bad, but excellent customer support.

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We've 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 toes.

When the DCE is not looking after us as a company, then we mark down their confidence score. We also watch out for 24/7 service assistance, DCEs with quick support chat apps, telephone support, email service as well as social websites. Furthermore, it is essential that all DCEs we link examine have excellent FAQ and self-help sections. .

A few DCEs have comprehensive news and blog sections as well as training sections showing you how to trade, exchange and in general training you not only how to utilize 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 accept only cryptocurrencies are not fussy about which country you come from as long as you are bringing cryptocurrency approved by their DCE to the table.

On the other hand, many of the exchanges that accept fiat currency and fiat currency payment methods or even e-wallets as payment may restrict 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'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 every review, we provide a section which will be branded Why choose **** Exchange. We will list the pros and cons of every exchange that are used to think of a final rating out 10 for the DCEs trust score.

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