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Cryptocurrency exchanges a.k.a. digital currency exchanges (DCE) come in all shapes and sizes. Plus, each one has its own reputation, which we completely review here on our site. Each exchange offers its own payment method, tools to track cryptocurrency fluctuations in Addition to other features that include:

Some exchanges allow you to exchange fiat currencies for the purchase of cryptocurrencies; whileothers will only accept payment in cryptocurrency. Your cryptocurrency can then be exchanged for another cryptocurrency using the DCE. In the latter instance whereby, the exchange does not accept fiat currency, you will need to fund your account via a cryptocurrency wallet and transfer money from this exchange to your wallet. .

Exchanges can either derive from the founders of digital currencies. On the other hand, the vast majority of Cryptocurrency Exchanges are independent of the creators that simply allow those involved in the buying, selling, and exchanging of cryptocurrency to use the exchange to facilitate these actions.

We use several deciding factors to rate a DEC.. We break down every cryptocurrency exchange we examine into sections, and then we examine and review each area. This helps us reach an eventual overall rating of the DVE in question.

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You will notice that no one size fits all in our reviews. We try to cover every section using the exact same subsection on each review, which means that you can easily navigate each review and reach the specific point of information that most interests you. Nonetheless, you may notice some testimonials have unique or different sections added to this review simply because what they must offer is exclusive for their exchange. .

Require Binance for example and check out their exchange tools. They provide their own BNB  coins, and this will be something not many exchanges provide, and so when we review websites like these, we include new sections in to give you all the information that you need to know about this uniquely designed DCEs BNB offering. .

There are also companies such as Poloniex that offer trading, exchange services and a distinctive lending attribute. We would then add in a section about the Poloniex lending centre, which is a characteristic you rarely see on any DCE, not to mention the fact that not many exchanges provide both margin trading in addition to cryptocurrency exchanges all under one roof. .

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As with any online market, there are bound to be positive and negative reviews and comments about every DCE. Some are only testimonials, and of course, several are unjust inspections. We aim to expose the rouge digital currency exchanges; such as Bitconnect in which their Ponzi scheme crashed the value of their currency because they used an unsustainable business model. .

On the contrary, the large majority of exchanges are honest companies that use hazard management, higher tech technology and directors that are specialists within the financial industry. They understand how to market their own portfolio in addition to supply a user-friendly interface that aids their members trade and exchange cryptocurrencies effortlessly. .

To gain an overall confidence rating we now the following important variables that help us provide you an in-depth investigation of exactly what each DCE has to offer by testing:

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Lets have a look at each of the sections mentioned in the list above and the information we aim to provide you with each one of our testimonials:

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The overview just tells you about the company or DCE that you will be dealing with. Most of the information in this section will be a historic overview of the DCE, where it is based, whether the company has registered with any financial regulatory boards. Other information will be based on the way the DCE was shaped and how many years they've been active. .

We might also provide some additional information more that may be of interest. Maybe you would like to know more about the owners or the owners remain anonymous. How hot the exchange is in regard to visitors to the website and from which countries the traffic comes from.

In addition, we might mention any good or bad press that the company might have picked up since the DCEs inauguration into the digital world of cryptocurrencies as well as the way they dealt with problems in the past and the way in which they plan to or have continuously improved.

Evidently, the one reason people come to opt for a digital currency exchange (DCE) is that they want to exchange currencies. This means you may own Bitcoin, however you feel that this cryptocurrency is now losing its long-lasting stability, but you notice that Ethereum is potentially going to hike in value.

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