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Being in a position to make trades or exchange currencies while on the transfer is in demand. Most dependable and modern DCEs have developed cellular apps for their website. For the most part, it is only Android or iOS users that can benefit from a DCEs mobile app. Blackberry and Windows users may generally still need to use their cellular web browser. .

Once you're familiar with the exchange and trading instruments available, the next step is to sign up to the DCE. We examine how simple it is and the credentials you need to be able to sign up for the exchange. In general, most DCEs have a very similar sign-up process; although, a few do include their own unique requirements. .

Some DCEs will provide you amounts of trading depending on the ID which you provide. If you just provide an email address and confirm the email, then you will be given a limitation to the value of currencies you can exchange or trade. To increase the limit, you will 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 positives that occasionally the security of the exchange can be overlooked. Something to bear in mind is when we are reviewing security, we are not only looking at how secure the servers really are.

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

On top of this, we look at how well backed up 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 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 well backed the systems being used to keep the cryptocurrencies are. Some exchanges use multiple locations for disaster recovery web link with information centres spread around the globe. Others use dedicated encrypted cloud hosting services like the ones supplied by Amazon.

Finally, as there has been a lot of news regarding some DCEs being hacked and digital currencies stolen. We'll 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 duplicate incident. .

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Each DCE should have a respectable customer service department. Unfortunately, that's not always the case. It's surprising to see that some of the very popular DCEs have some of their worst ticket support 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've reviewed. Our team test customer support on a regular basis to make sure that 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 look out for 24/7 service service, DCEs with quick support chat apps, telephone support, email support as well as social websites. Furthermore, it's vital that all DCEs we review have excellent FAQ and self-help sections. .

Some DCEs have comprehensive news and site sections as well as training sections showing you how you can trade, exchange and in general training you not only how to use their website, but also the way the blockchain functions, trading ideas, 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 so long as you're bringing cryptocurrency approved 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 to 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 track of the blockchain economy but one that also tracks all of the pros and cons of using Cryptocurrencies Exchanges.

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