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We stringently test the tools that the DCE provides to facilitate these types of exchanges. We have found a lot of decent DCEs that provide excellent facilities which will enable exchanges to take place almost immediately. We also have found some that appear to lose the transaction, as well as those that will take a bit longer for the exchange to be processed. .

On top of this, the speed of the site and transactions needs to be top notch. That means during peak demand, the servers need to be able to cope and not lag. Websites known to lag are bad news for those that take margin trading very seriously; especially if they're dealing with large quantities of currency. .

Everyone is different when it comes to the sort of exchange they prefer. It could be that the processing time is slow, but the fees are cheaper; while others might want quicker or instant exchange solutions. You also need to take into consideration how easy or user-friendly the tools are, which we cover in another section. .

If a cryptocurrency exchange is going to attract a decent sized number of members that want to take part in margin trading, then it needs to make sure it provides three main functionalities.

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Cryptocurrencies can often be highly volatile; more than the stock markets such as FTSE. In a split second any given cryptocurrency can start to appreciate rapidly and in the exact same time, they can depreciate just as quickly. As a result, up to the millisecond mark information is important for the ones that use margin trading because their main weapon to make a rewarding income from margin trading. .

At precisely the same time as having accurate market information, it's also important to be able to quickly trade cryptocurrencies in a split second. Having a quick buy/sell option on the exchange is critical to catch a profitable trade at precisely the ideal time to be able to gain or reduce losses.

Some exchanges have been designed for advanced margin traders and many others have been designed so a complete beginner can step in and begin trading with little effort at all. We examine the method by which the market information can be looked at. Many DCEs allow you to customise a dashboard, give you historical information and trends, and the DCE make this information quite easy to read and understand. .

Many DCEs have realised that because there are more than 100 cryptocurrency exchanges on the market to compete with, one the main selling points they will have is the fees the charge. Fees will always depend on the exchange you use.

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Each exchange will split fees down into different sections. Some transactions on some DCEs arrive with no commission whatsoever. Conversely, others are going to charge a commission for every transaction you make. These are just two little differences that several exchanges may have when you're comparing which exchange suits your style of cryptocurrency portfolio management. .

Almost every DCE will bill unique fees according to this cryptocurrency being traded. For instance, the majority of the time you will be charged for making a Bitcoin exchange or trade, but other cryptocurrencies will include considerably lower exchange and trading charges. Another point to consider is that the greater the amount involved in the transaction, the lower the fees become for many exchanges. .

We always aim to provide with a brief overview of the fees involved according to the cryptocurrencies being used on the exchange.

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Once you have a good understanding of the way the DCE functioned and the exchange as well as trading tools accessible for you, we give you a very brief overview of the cryptocurrencies out there. Now bearing in mind some DCEs have thousands of cryptocurrencies available, we tend to simply list the hottest. .

You can see that even on this website we have reviewed over 100 cryptocurrencies. Imagine trying to list thousands of them. The best way for us is to provide you with the number of cryptocurrencies that the DCE currently offers, then listing the most popular and allow you research further on the DCEs website directly. .

Obviously, for some traders and those that utilize exchange services, we understand that some of you specialise in Cryptocurrencies that have not yet built a name for themselves.

The chances are we've not recorded that currency on the review; nonetheless, when their website you understand that the site contains hundreds or even thousands of cryptocurrencies, you will then know there is a fantastic chance the electronic currency that you want to exchange in is probably going to be available for exchange or trade. .