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Being able to make transactions or exchange currencies while on the transfer 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 who can benefit from a DCEs mobile program. Blackberry and Windows users may 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 simple it is and the credentials you need to have the ability to sign up to your exchange. In general, most DCEs have a very similar sign-up process; however, some do include their own unique requirements. .

Some DCEs will give you amounts of trading depending on the ID that you supply. If you just 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 trade. To increase the limit, you'll need to provide additional credentials. .

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Safety is one of the most important sections that we cover. There are so 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 secure the servers are.

Primarily the connection with servers and the encryption utilized as well as user account privacy are assessed. When we see any holes in any of these areas, then we'll expose them. Areas such as 2-step authentication, SMS verification, and browser in addition to device security are a number of the security points we pay intensely. .

On top of this, we now look at how well backed up the systems are. Some DCEs use centralised systems, which are not always the safest. We would suggest only using DCEs using centralised approaches to transfer out of the pocket to get exchanges and trades and once you are done to transfer your digital currencies back to a pocket. .

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

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

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Every 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 every cryptocurrency exchange support that we've reviewed. Our team evaluation customer care 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 service, DCEs with quick support chat programs, telephone support, email service as well as social media. Furthermore, it is vital that all DCEs we review have excellent FAQ and self explanatory 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 that you not only how to utilize their site, but also how 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 as long as you are bringing cryptocurrency accepted by their DCE into the table.

On the other hand, many of the exchanges which take fiat currency and fiat currency payment procedures or 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 have designed a website which 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 will list the pros and cons of every exchange which are used to think of a final rating out 10 for the DCEs trust score.