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Being in a position to make transactions or exchange currencies while on the move is in demand. Most dependable and modern DCEs have developed mobile apps for their website. For the most part, it's only Android or iOS users who can benefit from a DCEs mobile app. Blackberry and Windows users may generally still need to use their mobile 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 look at how simple it is and also the credentials you need to have the ability to sign up to your exchange. In general, most DCEs possess an extremely similar sign-up process; however, some do come with their own unique requirements. .

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

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Security is one of the utmost important sections that we pay for. There are so many DCEs on the market and so many positives that sometimes the security of the exchange can be overlooked. Something to keep in mind is when we reviewing security, we are not only looking at how protected the servers are.

Firstly the connection to servers and the encryption used as well as user account privacy are assessed. When we see any holes in any one of these regions, then we'll expose them. Areas like 2-step authentication, SMS verification, and browser as well as device security are some of the safety points we pay intensely. .

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

In addition, we look at how nicely backed up the systems official site being used to keep your cryptocurrencies are. Some exchanges use numerous locations for disaster recovery with information centres spread around the globe. Other folks use dedicated encrypted cloud hosting services like the ones provided by Amazon.

Finally, as there's been a whole lot of news regarding some DCEs being hacked and electronic currencies stolen. We'll point out that DCEs have been hacked in the past, the way they dealt with the hack, did they pay their client base, and that which has been done to ensure there is not a repeat incident. .

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Each DCE should have a reputable customer support department. Unfortunately, that is not always the case. It is surprising to find that a number of the most well-known DCEs have some of the worst ticket service around. Then, there are DCEs with tools that are bad, but excellent customer support.

We've been members of every cryptocurrency exchange support that we have reviewed. Our team test customer care on a regular basis to be certain 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. In addition, we watch out for 24/7 support service, DCEs with quick support chat apps, telephone support, email service as well as social media. What's more, it's essential that all DCEs we 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 that 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 take only cryptocurrencies are not fussy about which country you come from so long as you're 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 e-wallets as payment may confine 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 site that 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 give a section that will be titled Why choose **** Exchange. We'll record the pros and cons of every exchange which are used to come up with a final rating out 10 for the DCEs trust rating.