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Being in a position to make transactions 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 is only Android or iOS users that 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 instruments readily 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 to your exchange. In general, most DCEs possess an extremely similar sign-up process; however, a few do come with their own unique requirements. .

Some DCEs will give you amounts of trading depending on the ID which you provide. 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 present further credentials. .

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Security is one of the most important sections that we pay for. There are many DCEs out there and so many positives that occasionally the security of this exchange can be overlooked. Something to keep in mind is when we reviewing safety, we are not only looking at how secure the servers are.

Primarily the connection to servers and the encryption utilized as well as user account privacy are reviewed. If we see any openings in any one of these areas, then we'll 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. .

On top of this, we now look at how well backed the systems are. Some DCEs use centralised systems, which are not necessarily the safest. We would suggest only using DCEs using centralised systems to transfer from the wallet for exchanges and transactions and once you are done to transfer your digital currencies back to your own wallet. .

We also look at how well backed up the systems being used to keep the cryptocurrencies are. Some exchanges use numerous locations for disaster recovery with information centres spread around the globe. Others use dedicated encrypted cloud services such as those provided by Amazon.

Finally, as there has been a whole lot of news regarding some DCEs being hacked and see this site 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 was 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 is not necessarily the situation. It is surprising to find that a number of the very well-known DCEs have a few of the worst ticket service around. Thenthere are DCEs with tools that their website are bad, but excellent customer support.

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

If the DCE is not looking after us as a company, then we mark down their confidence score. We also look out for 24/7 support service, DCEs with quick support chat apps, telephone support, email support in addition to social websites. Furthermore, it is vital that all DCEs we examine 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 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 restrict 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're 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 methods or e-wallets as payment can restrict 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 which 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 every review, we provide a section that will be branded Why choose **** Exchange. We will record the pros and cons of each exchange that are used to think of a final score out 10 for your DCEs trust score.