How to Choose a Cryptocurrency Exchange

Essential features to remember

Geography and law

Is cryptocurrency trading legal in my state?

  • Does the exchange or platform has ensured appropriate license and documentation, and
  • Your country’s specific legislative background regarding cryptocurrencies and trading.

Liquidity and daily trading volumes

Support and security

KYC procedures and 2-Factors Authentication

  • 2FA authentication feature. If possible, choose offline 2FA instruments or 2FA hardware instead of SMS.
  • Anonymous registration and sign up (mainly applicable for decentralized exchanges);
  • Captchas

Why to choose cryptocurrency exchange

To sum up



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store