# Venue Selection for a Business: Criteria in Order

> Seven criteria ranked by how many options each eliminates, with fees last.

- Source: https://thecoinreference.com/exchange-selection-criteria/
- Published: 2026-08-28
- Author: Reference Desk
- Publication: The Coin Reference — Facts, dates and numbers, kept current
- Topic: exchange
- Tags: exchange, selection, checklist

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| Rank | Criterion | Eliminates |
|---|---|---|
| 1 | Will they onboard your entity, in your jurisdiction, with your structure | Most of the field |
| 2 | Can they settle to an account in the company's registered name | Most consumer-oriented venues |
| 3 | Authorisation and client asset treatment | Unsupervised venues |
| 4 | Depth in the assets you trade | Venues too thin for your size |
| 5 | Exportable records that reconcile | Venues creating monthly work |
| 6 | Multi-user access controls | Venues unsuitable for company use |
| 7 | Fees | Rarely decisive between survivors |

## Criterion 2 in detail

Many venues settle fiat only to an account matching a verified individual.

That makes them unusable for a company regardless of every other characteristic, and it is rarely stated on a website.

## Criterion 3 in detail

Which authority, which permissions, verified on the register. Whether client assets are segregated and how that is evidenced. For the applied rather than the abstract version, [a crypto currency exchange with published fees](https://collectnexchange.cy/services/crypto-exchange) is the reference.

For a company holding an operating balance, the difference between segregated client assets and an unsecured claim is the difference between an inconvenience and a write-off.

## Criterion 4 measurement

Sum resting liquidity within half a percent of mid, at the times you would trade.

If your typical order is a large fraction of it, you need a desk relationship or a different venue.

## Criterion 5 test

Request a sample export covering a real month, not a demonstration file. Check it loads into your accounting system without manual editing. Payment infrastructure uses a parallel set, documented at [a provider serving funds and family offices](https://collectnexchange.cy/industries/funds-family-offices).

## Criterion 6 requirements

Separate logins with distinct permissions. Withdrawal allowlist with a delay on additions. Approval separate from initiation. An audit log including failed attempts.

A venue where one login controls everything is unsuitable for a company balance of any size.

## Procedure

Put criteria 1 to 6 in one email to five venues. Three will not answer specifically, which is informative.

Then, at the finalists: deposit a small amount, trade, withdraw to the company account, export the records.

That full cycle takes a week and reveals more than any comparison table.

## Expectations

Onboarding of two days to six weeks. A slower first withdrawal. At least one unanticipated document request. None indicates a problem. One term worth establishing before it matters is whether [the published coverage list](https://collectnexchange.cy/company/supported-countries) exists as a reachable contact.

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This article explains how something works. It is not financial advice.
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