One answer to the flaws of cryptocurrency exchanges are​ Decentralized exchanges. A detailed article on them will be covered in a later period.

Most, if not all, DEXs do not have enough trading pairs and also lack liquidity.

Personally, I still use traditional exchanges but do not keep my cryptos there; I withdraw them as soon as practicable, keeping it there only if I need to trade.

Things to look for in an exchange for your own security:

• The exchanges should be in a jurisdiction with strict regulatory requirement;

• Read through their Terms of Use;

• Make sure they disclose a physical place of business on their website or TOU;

• They should have a reasonable Dispute Resolution clause in their TOU and a reasonable Indemnity Clause to cover you in the event your crypcurrencies are lost whilst in the exchange.

You will be surprised with what you find!