Cryptocurrency exchanges are dynamic digital marketplaces that you may find a dime in a dozen. But, as you stand there amidst this hustle and bustle of the market; which one do you walk into, and which one do you pass by?

Just like our dear friend Jake. He came up on the surface of best crypto exchanges world with the most attractive set of coins you’ll ever find. It was a little bit premature to judge a book by its cover- he found out soon enough that others had hidden fees eating into his profits. Here is the lesson folks- look before you leap into a pool.

So how do you identify a valuable exchange from a store of multitudes? Start with – security. Take it as a trusted bank vault where all your coins are kept safe and sound. Look for platforms which assure you of the utmost security.

Don’t forget about user interface as well! You are inserting yourself into a platform with a bad UI as attempting to navigate through the labyrinth without a twine. Go for an exchange that has smoother and faster solutions. It is like trying on a pair of shoes you just realized fits in all the right ways.

Another essential criteria is global accessibility. You’d want to have your exchange at your disposal like a good friend even when you are a globe-trotter. Some doesn’t work every where in the world’s globe. So, take a look at what they cover.

Liquidity as aspect is important too! Why would want to sell ice in a cold region. An exchange with high liquidity means your transactions will be super fast, no waiting.

Last but not the least are those hidden fees you got to have sight of. They are the potholes along a smooth journey. Try to find exchanges that have a reasonable rate to keep your funds stable.