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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 mobile apps for their website. For the most part, it's 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're knowledgeable about the exchange and trading tools 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 have an extremely similar sign-up process; although, a few do include their own unique requirements. .

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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 limitation to the value of currencies you can exchange or exchange. 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 cover. There are so many DCEs out there and so many advantages that occasionally the security of this exchange can be overlooked. Something to keep in mind is when we reviewing security, we are not only looking at how protected the servers really are.

Primarily the connection with servers and the encryption utilized in addition to user account privacy are reviewed. If we see any holes in any of these areas, then we will expose them. Areas like 2-step authentication, SMS verification, and browser in addition to device security are a number of the safety points that we cover intensely. .

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

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

Finally, as there's been a lot of news regarding several DCEs being hacked and electronic currencies stolen. We will point out that DCEs have been hacked in the past, the way they dealt 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 service department. Unfortunately, that's not always the situation. It is surprising to find that some of the very popular DCEs have a few of the worst ticket service around. Then, there are DCEs with tools that are bad, but excellent customer care.

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

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

A few DCEs have comprehensive news and blog sections in addition to training sections showing you how you can trade, exchange and in general training you not only how to utilize their site, but also the way the blockchain works, trading tips, industry news and much more.

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Not all DCEs restrict 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'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 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 track of the blockchain economy but one that also tracks all of the pros and cons of using Cryptocurrencies Exchanges.

At the end of every review, we give a section that will be branded Why select **** Exchange. We will record the pros and cons of each exchange which are used to come up with a final rating out 10 for your DCEs trust rating.

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