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

Once you are knowledgeable about the exchange and trading instruments 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. .

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Some DCEs will give you levels of trading depending on the ID that you supply. If you just 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 additional 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 sometimes the safety of this exchange can be overlooked. Something to bear in mind is when we reviewing security, we're not only looking at how protected the servers are.

Firstly the connection to servers and the encryption used as well as user account solitude are reviewed. If we see any openings in any one of these regions, then we'll expose them. Areas such as 2-step authentication, SMS verification, and browser as well as device security are a number of the safety points that we cover intensely. .

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On top of this, we now look at how well backed up the systems really are. Some DCEs utilize centralised systems, which are not necessarily the safest. We'd suggest only using DCEs using centralised systems to transfer out of your pocket to get exchanges and trades and once you're done to transfer your electronic currencies back to your own pocket. .

We also look at how well backed the systems being used to keep the cryptocurrencies are. Some exchanges use numerous locations for disaster recovery with data centres spread around the world. Other folks utilize dedicated encrypted cloud services like those supplied by Amazon.

Finally, useful link as there has been a whole 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 has been done to ensure that there is not a repeat incident. .

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Every DCE should have a respectable customer service department. Unfortunately, that's not always the case. It is surprising to see that some of the most popular DCEs have some of their worst ticket service around. Then, there are DCEs with bad tools, but excellent customer care.

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We've been members of each cryptocurrency exchange support that we've reviewed. Our staff 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 rating. In addition, we watch out for 24/7 service assistance, DCEs with rapid support chat programs, telephone support, email service in addition to social websites. What's more, it's essential that all DCEs we examine have excellent FAQ and self explanatory sections. .

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

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Not all DCEs limit 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 methods or even 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 which also tracks all the pros and cons of using Cryptocurrencies Exchanges.

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

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