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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 programs for their site. 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'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 also the credentials you need to be able to sign up for the exchange. In general, most DCEs possess an extremely similar sign-up process; however, some do come with their own unique requirements. .

Some DCEs will provide you amounts of trading depending on the ID which you provide. If you merely provide an email address and confirm the email, then you will be given a limitation on 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 most important sections that we cover. There are so many DCEs on the market and so many positives that occasionally the safety of this exchange can be overlooked. Something to bear in mind is when we are reviewing security, we're not only looking at how protected the servers really are.

Firstly the connection to servers and the encryption used in addition to user account privacy are assessed. If we see any holes in any one of these regions, then we will expose them. Areas like 2-step authentication, SMS verification, and browser as well as device security are a number of the security points that we pay intensely. .

On top of this, we now look at how nicely backed up 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 your wallet for exchanges and trades and once you're done to transfer your digital currencies back to a wallet. .

We also look at how nicely backed the procedures being used to store the cryptocurrencies are. Some exchanges use numerous locations for disaster recovery with data centres spread around the world. Other folks use dedicated encrypted cloud hosting services such as the ones provided by Amazon.

Finally, as there's been a lot of news regarding several DCEs being hacked and electronic currencies stolen. We will point out which DCEs have been hacked in the past, how 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 reputable customer support department. Unfortunately, that is not always the case. It is surprising to see that some of the most popular DCEs have some of the worst ticket service around. Thenthere are DCEs with bad tools, but excellent customer care.

We have been members of every cryptocurrency exchange service that we've reviewed. Our staff evaluation customer care on a regular basis to make sure that useful site we are keeping them on their feet.

If the DCE is not looking after us as a company, then we mark down their trust rating. We also look out for 24/7 service service, DCEs with quick support chat programs, telephone support, email service as well as social websites. What's more, it's essential that all DCEs we examine have excellent FAQ and self explanatory sections. .

Some 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 use their website, but also how the blockchain works, 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 as long as you are bringing cryptocurrency accepted by their DCE to the table.

On the other hand, many of the exchanges that 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 the reason we have designed a website that not only keeps track of the blockchain economy but one which also tracks all of the pros and cons of using Cryptocurrencies Exchanges.

In the end of every review, we provide a section that will be branded Why select **** Exchange. We'll list the pros and cons of each exchange which are utilized to think of a final score out 10 for the DCEs trust score.