How to choose a cryptocurrency exchange?

[Barclay]

Hello everyone, what parameters do you think should be used to evaluate a good cryptocurrency exchange?

[Telman]

It is generally accepted that the more cryptocurrencies, the better the exchange. In fact, this is the case when quantity does not equal quality. The main thing is that the platform supports popular coins: BTC, ETH, SOL, AVAX, LTC, XMR, etc. In general, each online cryptocurrency exchange supports BTC, ETH, USDT (TOP cryptocurrencies for the long term), as these are the main digital assets. However, not all centralized exchanges keep up with trends, so on some you will not find little-known tokens that are just gaining popularity. It's all about careful verification of the coin before adding it to the listing: unlike decentralized ones, CEX exchanges carefully check the security of the source code and the reputation of the token before placing it on the platform.