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Being in a position to make trades or exchange currencies while on the move is in demand. Most reputable and modern DCEs have developed mobile programs 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 are familiar with the exchange and trading instruments readily available, the next step is to sign up to the DCE. We look at 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, a few do include their own unique requirements. .

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

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Safety is one of the most important sections that we cover. 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 are reviewing security, we're not only looking at how protected the servers really are.

Primarily the connection to servers and the encryption utilized as well as user account privacy are reviewed. When we see any openings in any of these areas, then we'll expose them. Areas like 2-step authentication, SMS verification, and browser in addition to apparatus security are some of the security points that we pay intensely. .

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'd suggest only using DCEs using centralised systems to transfer out of the pocket to get exchanges and trades and once you're done to transfer your digital currencies back to your own wallet. .

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

Finally, as there has been a lot of news regarding several DCEs being hacked and digital currencies stolen. We will point out which DCEs have been hacked in the past, the way they dealt with the hack, did they pay their client base, and that which 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's not always the situation. It is surprising to see that a number of the very well-known DCEs have some of the worst ticket service around. Thenthere are DCEs with tools that are bad, but excellent customer care.

We have been members of each cryptocurrency exchange service that we've reviewed. Our team evaluation customer support on a regular basis to be certain that we are keeping them on their feet.

When the DCE is not looking after us as a company, then we mark down their confidence rating. We also watch 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 explanatory sections. .

Some DCEs have comprehensive news and blog sections in addition webpage to training sections showing you how you can trade, exchange and in general training that you not only how to use their site, but also the way the blockchain functions, trading ideas, industry news and 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 so long as you're bringing cryptocurrency accepted by their DCE to the table.

On the other hand, many of the exchanges which take fiat currency and fiat currency payment methods or even e-wallets as payment can 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 site which not only keeps an eye on the blockchain economy but one that also tracks all the pros and cons of using Cryptocurrencies Exchanges.

In 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 utilized to think of a final score out 10 for your DCEs trust score.