Let's assume you want to exchange traditional currency for Bitcoins and choose to do so through and exchange.

What are the most important factors/features that you should keep into consideration for choosing an exchange?


1 Answer 1

  1. Verification time: some exchanges take too much time for verification
  2. Verification versus / not verification: some exchanges need verification and others not
  3. Fees. In my opinion, you get the lowest fees on binance -> https://www.binance.com/?ref=16821839
  4. Time: some exchanges take too much time to withdraw etc. here's a guide to choose the best exchange (made by me) -> https://medium.com/@redqop89/trading-guide-for-bitcoin-ethereum-ripple-and-other-cryptocurrencies-6773ab4b6b2

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