How do you define a good exchange?
How do you define a good exchange?
Hello to all the Bitcointalkers!
Because it is my first post, I have, at least, to present myself in several words. I am a coins/tokens dev and web developer full stack.
After several years of crypto experience, I decided to create my own project. It is not a coin, nor a token (there is already plenty of ERC20 tokens and coins), it is a cryptocurrency exchange.
There is already some exchanges available on the web, but I would like to build one which may fit to Bitcointalk users, it’s why I opened this thread, and ask you today what do you like the most in crypto exchanges, as well as the things that you dislike. It can be specific features, themes, properties…
I want to build a good exchange, and for that I need to know your preferences.
Insurance is the only thing currently that I want and expect from an exchange. It could be hacked anytime but if it has an insurance, there is a possibility we could get back our investments. KYC is not such a problem if the exchange does have an insurance.
We all have different preferences though so it sure varies because mostly will want privacy like no KYC will be required or whatsoever which is why they also like the DEX. Centralize however has more volume, obviously we all want to be there. If you can create a DEX with a volume like binance has, it will be good.