Exchange Reliability, Why Execution Matters More Than Low Trading Fees?

[bill colton]

When choosing a crypto exchange many will look at the fees, coins available and features they offer. However, I feel it is also important to consider the reliability of the exchange.

Sure they might have great trading fees but what happens if the market becomes very volatile?

You may encounter withdrawal delays, unexpected outages, slow order execution and poor customer service.

When choosing an exchange it is important to consider how reliable it is by looking at:

How quick orders are executed when the market is busy.

If deposits and withdrawals are clear.

The speed at which technical issues are reported.

If they can help with any account/transaction issues.

A lot of the time a platforms true quality is only shown once things go wrong.

When choosing an exchange what is most important to you? Low fees, fast execution, reliable withdrawals or good customer service? Have you ever switched platforms due to reliability issues?