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Being able to make transactions or exchange currencies while on the move is in demand. Most reputable and modern DCEs have developed cellular apps for their site. For the most part, it's 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 are familiar with the exchange and trading tools 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 have the ability to sign up to your exchange. In general, most DCEs possess an extremely similar sign-up process; although, a few do come with their own unique requirements. .

Some DCEs will provide you levels of trading depending on the ID which you supply. If you merely provide 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 exchange. 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 pay for. There are many DCEs out there and so many positives that occasionally the safety of the exchange can be overlooked. Something to bear in mind is when we are reviewing security, we're not only looking at how secure the servers really are.

Primarily the connection to servers and the encryption utilized in addition to user account privacy are reviewed. If we see any holes in any of these regions, then we will expose them. Areas such as 2-step authentication, SMS verification, and browser in addition to device security are some of the security points we pay intensely. .

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

In addition, we look at how nicely backed up the procedures being used to store the cryptocurrencies are. Some exchanges utilize multiple locations for disaster recovery with data centres spread around the globe. Other folks use dedicated encrypted cloud services such as those supplied by Amazon.

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

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Each DCE should have a reputable customer service department. Unfortunately, that is not necessarily the situation. It is surprising to see that a number of the very popular DCEs have some of their worst ticket service around. Thenthere are DCEs with bad tools, but excellent customer support.

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

When the DCE is not looking after us as a company, then we mark down their trust score. We also look out for 24/7 support assistance, DCEs with rapid support chat apps, telephone support, email service in addition to social media. What's more, it is vital that all DCEs we review have excellent FAQ and self-help sections. .

Some DCEs have comprehensive news and blog sections as well as training sections showing you how to 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 limit other countries from signing up their exchange. Mostly exchanges that take only cryptocurrencies are not fussy about which country you come from as long as you're bringing cryptocurrency accepted by their DCE into the table.

On the other hand, many of the exchanges that accept fiat currency and fiat currency payment methods or even 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 that also tracks all the pros and cons of using Cryptocurrencies Exchanges.

At 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 used to think of a final score out 10 for your DCEs trust rating.