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What does a quality crypto exchange look like, in the modern world, as we head towards 2020? An exchange is a website that has been designed, so that an end user can buy, sell or exchange crypto for fiat, such as the USD or Euro. It is also a primary stage for traders to have a professional experience with advanced trading tools at their fingers. Over the recent years, many exchanges require the user to verify their identification in order to open an account, which gives them admittance to the exchange. There are at least two types of known exchanges. The first being a trading platform, while the second, being a direct trading platform. A trading platform connects buyers and sellers and charges a standard fee for each transaction that takes place on that exchange. The ProperSix exchange would be considered a trading platform compared to a direct trading platform. Whereas, direct trading platforms allow the sellers to set an exchange rate that they feel is sufficient to the transaction. Best Cryptocurrency Exchange Then token/coin pairing arises. Many exchanges will offer you the popular BTC or ETH options. Although, there are so many more crypto selections to choose from. The more variety and diversification offered by an exchange sets the user up for a lively experience. ProperSix doesn’t have a complete list of coins/tokens being offered currently online just yet. Once the exchange is live, lookout for this information to be released by the ProperSix team! Liquidity is based off of the buying and selling ease of the given exchange. Having high liquidity means the exchange has a fairly large group of sellers and buyers. This can lead to faster transactions and better pricing within the exchange. I have a feeling the ProperSix exchange will boom with new business once officially live! Customer Support and the quality of such that an exchange offers is a biggie! A great support team will be extremely responsive to the customer if they need help related to identification verification processes, withdrawals, deposits or trading orders. These are some examples that a customer service member may be required to perform. Slow responses can cost the user a lot of fiat and even more in loss time. ProperSix, thus far seems to be very responsive to their telegram channel and website traffic, which is positive. Trading fees become a sticky mess at times for exchanges. Higher fees will eat your profit margins away without doubt. It is important to evaluate said fees prior to initiating a deposit or withdraw. ProperSix is the best cryptocurrency exchange seems to be fair in comparison to others. Check them out! Lastly, ease of use of an exchange should create very little confusion for the user. It should create a clear and easy familiarity for the customer, while navigating the exchange platform. The ProperSix team has developed their exchange to be such an advanced trading platform, any trader can’t go wrong! Security is an extreme topic to pay attention to when selecting an exchange. Security becomes a two way thought. First the protection of the users’ funds and information, should be put primary. Second, is the protection of the exchange’s assets which keeps the crypto ecosystem going. For example, exchanges that keep deposits in a cold storage venue have eliminated the possibility of hackers reaching the crypto. A cold storage wallet is offline. ProperSix is offering their customers this solution, which is great addition! Two-factor authentication is a very common option given to users on an exchange. This option will increase your accounts security two fold. ProperSix is introducing a level beyond Google 2FA, known as Hydrogen Raindrop MFA, which is a six layer authentication system. This occurs by encrypting customer data into a ledger that cannot be accessed without the private encrypted key! Lastly, e-mail verification options. This allows the user to confirm transactions that have occurred on their account. That way if a hacker does get to your information, your e-mail may be the last chance to stop the attack. Never use the same passwords for your crypto accounts and e-mail. Geographical regions are another primary aspect to observe when looking for a quality crypto exchange. A trader wants to ensure that the crypto exchange being used is legal to operate within the jurisdiction in which trading is occurring. This may be an important aspect to remember regarding paying taxes or helpful to avoid a random audit. Thankfully, ProperSix is a registered company. This exchange is licensed to do legal transactions in fiat currency and various crypto. The ProperSix Casino platform allows for a quality adventure, hope you play soon! The Proper Six team currently has a board of directors in place ensuring that the company and project stay productive in value creation. Their marketing team has been nonstop over the last year ensuring that the Pro6 Tokin will gain notability. This ensures that as quarter three of 2020 approaches, a possible security token will be officially launched! With this said, it may be safe to assume that the ProperSix name will cover most of the known world. It is understandable that the crypto space is still the Wild West and there is a lot of risk involved in choosing the best place to park your fiat in hopes of a return. ProperSix trading platform alone will rival many. With that said, it is very clear that ProperSix wants the crypto community to know they are here to stay for a while and plan to grow with the community, through time. Take a moment and check their YouTube channel out. You will get an up close look at what the project looks like, especially the Casino platform.