Bitcoin Forum

Which coins exchange is the best choice for begginer trader??

So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.

Its not actually a wise recommendation but somehow do have a caution since you are right market nowadays is wild but i can say that its wild since on its first days knowing all coins are volatile and if someone decided to engage on trading on the very first time then it isnt bad since he can anytime to make trades on demo without risking money which is really a good way to train yourself along with self learnings because all of informations are all in the internet actually.

I suggest these ones:
Cryptopia, Bittrex, Bleutrade. More exchanges are avaiable, but these 3 are the main ones I use. Please stay away from Poloniex, as they constantly have problems and their customer support often completely ignores people.

I suggest you to make accounts on multiple exchanges to look for the best deals. Cryptopia's arbitrage page is very useful to look for the best buying/selling opportunities. Sometimes you can even make some money from just buying at 1 place and quickly selling at another...
Therefore, I suggest these 3.

Regards,
Trump

there're no the best coin for beginner nor expert,
everything is based on your luck,speculation,strategy and financial.
but,for beginner i advice you to not doing any trade for a low liquidty coins,
do you know what is it ? if you don't know look at this*
because most of them are pump and dump coin,even some of them not like that,but more likely the price has been surpressed by whales so it'll take a long time to get a pump.
just trade top 10 cryptos and never hold it for more than 1 days if you can not hold it for a month or more.

and the better exchanger so far Bittrex.
there're no BEST exchanger,because they can not guarantee your money 100%



*low liquidty coin : in general low liquidity mean is when we make a sell and buy that time,the price will not have a big change.
that mean total coin that traded that time not really high and usually the price is going down.

The first exchange I made as training ground is the c-cex since its very easy to understand their format and searching for great traded coins have been highlighted to there site so maybe it is the best site that you could try, but before doing some trades there you must familiarize the site itself and became informative on the coins listed there so that a possible  earnings will strike on you.

Your first choice must be NEO, the coin is not yet pumped so much. Other good coins $PTOY $QTUM, $TIME, $GAS, $STRAT $UBQ and more.

There is nothing the matter with trading now and at any other time, so long as one is knowledgeable enough and has some trading skills. As a matter of fact, more profits are easily made in a volatile market than a stagnant one and in the course of trading, you're in effect hodling your coins, which would most likely fetch better returns.

I am doing most of trading at Bittrex, because  it gives me the best charting features among the few stable exchanges.

Bittrex will be the best. Always try to choose a good coin (NEO, WAVE) and Hold it at least 6-12 months, as patience is required in crypto trading. You may use the following tips:
Tip 1. Never invest everything at one go. Do it in 3-4 parts.
Tip 2: Crypto is volatile. Even 60 percent fall should not bother.

have you heard ? XPLAY is doing great in every social meadia campaign.. they aboujt to reach the $10 million share sold!
many investors are really interested on this coin called XPA..
XPA will launch in the market after end of the month :) and most trades expect to see it pumping all day everyday.. so i will tell you to wait for that and invest :)

As a beginner in trading its good to have a small investment to learn much about it. At the early days of being a trader it's good to focus on btc/USD trading rather than focusing on btc/altcoins trading which is pretty hard to make closer predictions.

all I can say for a newbie like you who will go into exchange site platform is Good luck!
Doing trade as of the moment are very risky, all you can do for now I think is to observe the move of the coins value in the market. Then how the traders move when the value also react.

Almost every trading platform is good for small/beginner traders but I prefer poloniex because they have really low withdrawal fee so you will not loss much when moving in and out your coin from the exchange.

Also they only list top trading coins so as a newbie trader you will not get stucked holding shit coins.

Mostly other are trading in poloniex i dont think if yobit still exist and legit but i was started yobit before when i was beginners and i seen there are still active there and i think you can try there you can see almost new altcoin there but mostly a scam coins..
Cryptopia is also good trading site where i think it is one of the good and secured trading site where i started to trade with CBX before..

So for now like other said that almost all are good to use but i recommend to go in poloniex but first you need to secured your account enable the 2fa authentication so that your account are safe.. as beginners they are always forgot this to secured their account..

you can trying bittrex, in my experience i learn trade in bittrex 3 years ago, until now im using bittrex, or you can use big market like poloniex.

yeah, op can invest a small amount for learn about trading if you fully understanding the market now invest your btc for trade it.

You can try any of the following;
yobit.net
bittrex.com
poloniex.com
coinexchange.io
cryptopia.co.nz
tidex
liqui

There are many other bitcoin/altcoin exchange but search for review before trying them out.

I used poloniex, liqui, crptopia and bittrex so far. All of them are trusted and they have smooth transactions. But poloniex has some technical or ecnomical problems, be advised.

Never use yobit thing, it's not secure.

Start with small amounts at the beginning, try to understand the system first.

I prefer Poloniex, Bittrex and Bitfinex. I've also used Kraken, Gemini and GDax and they are fairly good as well.

I recommend you to use a popular exchange with a lot of volume. You can find the full list here: https://coinmarketcap.com/exchanges/volume/24-hour/

You might be thought the liqui, bittrex and poloniex. Polo already working smoothly right now, But if you ever heard about the binance exchange and you must never use it. But liqui is preferable in my opinion for the newbies trader because the liqui offers the cheap token price rather than another sites.

It is so tough to trade as a bigginer.first you need to research about crypto currency market.Then you should try to trade.You want to know about best exchange so i reccomand you to use bittrex or poloniex. when you understand about crypto then you will find more exchange. such as liqui,bitfinex,kraken etc.

As a beginner honestly i just started with small amount before i become to be good trader i experience first of loses  before i can make a good profit in trading.. For a starter i think poloniex is enough to trade with altcoin but there are only limited altcoin to choose so if you want to learn widely better to check other exchange site just look in the https://coinmarketcap.com and choose an altcoin which you want to trade after you click you can see the statistic of the altcoin and you can click the market where you can see all trading site that you can trade with..
But first just choose an exchange site which is well know and you can relay here in this thread.

Everything is good . As long as you have the money or the budget everything will be good and everything will be okay for you. You just need to research for it first or need to watch it on youtube first before investing. Thats why people are being losin their money because they doesnt research for it first.

This are the qualities that i really need before i proceed with my plan of investment. As a trader, you need a budget and skills to manage your investment.

 IMO. Poloniex and Bittrex are simple to use for new trader. I suggest you do research and watch the market for sometimes before starting to trade.

Why binance exchange is bad?

Bittrex  is better than poloniex because you have many choices to invest  . so buy in red and sell 5 to 10 % in profit never be greedy .

100 % buy on down and send on up

Binance is fine  ??? I don't know why he suggested that you don't use it. Binance is good especially when trading NEO, since NEO withdrawals on Binance has less fees compared to Bittrex's fees, thought I dont like Binance's user interface that much compared to bittrex's. I'd go with Bittrex Binance Bitfinex and other exchanges that has other less-known cryptocurrencies. Basically almost anything except Poloniex. Poloniex always has been working smoothly. The problem is just on withdrawals being disabled and their shitty customer support (months of no replies).

His question was not "What is the best coin", but "What is the best exchange". And there can be a best exchanger. If 1 exchange guarantees your money 50% and the other 30%, the one offering 50% is obviously the best.
I understand that you want to make money from your posting by participating in signature campaigns. So do I!
But I atleast read posts and try to answer them in a way that would help them.
I hope you could try the same?

Regards,
Trump

You should find the exchange which have big volume, I think it's good to start because usually the price movement is not too sharp and choose the coin that have big volume, top 10 in the market, you can check here: https://coinmarketcap.com
Also you can check top the exchange (based on 24 hours volume) here: https://coinmarketcap.com/exchanges/volume/24-hour/

For me to choose Monaco altcoin trading, because the high price is supported with good prospects in the future then surely the price of Monaco will also rise from day to day, Sunday to month and year, will continue to soar.

for me the best exchange right now is bittrex
altcoin market right now is not so good , many coin on bearish trend and everyday is red day
i suggest you not doing daytrading right now atleast until the trend has reversed.
best method would be choosing altcoin that has potential and hodl for minimum of 1 month , you'll see you got easier profit these way.
good luck

If you don't have any experience of trading then I would suggest you go with the USD/BTC trade initially (or any fiat currency/BTC) because you will have to face less volatility on a single side.

Please understand that trading in crypto currency is a wild market in terms of price fluctuations and thus it gives many opportunities every single day. However, you should be able to handle your risk and portfolio to encash those opportunities. Even 10% fall in price in the market (which is very normal in cryptocurrency prices) would cause you 20% loss if you are trading in crypto pairs and hence initially I would suggest you to go with fiat currency/crypto currency and I think the first one should be USD/BTC.

While talking about the exchange, I would prefer Localbitcoins because you can offer multiple payment options which increase the chances of more trades and since you can easily put 10% to 20%/30% margin in such trades, you can earn handsome profits.

P.S- This is my personal opinion, please do your own research before taking any decision.

If you are just beginning you must start with a VERY LOW amount in order to gain experience and try to grow that amount into a lot of Bitcoin and then add more to your amount as you gain more experience and confidence.

This is the thing i did when i was just starting on trading world on which i did try to make it large on the small bankroll do i have on doing trading until i gradually get the fundamentals and the important things that should be learned on trading.Its not really easy and it would really takes lots of trials and error for you to get the right ways on making profitable trades. First time i was trading on c-cex and later on i use bittrex.

I disagree. If you look at the growth of bitcoin this year and the previous year you can see that this year has been insane. The markets are wild but now they're wilder than ever. Trading isn't as easy as people portray, you can get lucky every now and then but in the end if you're getting started you're just gambling the price will go up. It's much better to buy and hold so you gain some experience first before jumping right in.

This is not how markets work.There are different alternative strategies under various market conditions.In trading you need skills,money mangement rules,intuition etc but definitely  luck can not be part of trading rules.

I think poloniex has the best UI for the beginner. It is easy to understand what is going on. After having some experience you can try other exchanges like bittrex.

For beginners, I recommend using Bittrex. Poloniex is too dangerous. Some people have left the polniex and it is very disappointing. The best place is bittrex, there you are more relaxed and calm. The movement of coins is very easy to read.

I can recommend you Bittrex so far so good. I am using it since i started my trading with a small amount you could actually start trading and investing.

Choose bittrex because it is more secured for me rather than poloniex because poloniex is one of the famous but it is still experiencing some lag and that is an indication that their team is not working to solve those issues and they are also having some cyber attacks which is dangerous for our account so i just stay in bittrex.

True sometimes in poloniex because lag is often logout, if in bittrex the system works good but the fee too expensive.

Well if you are newbie in trading, i suggest you to start trading right now, most altcoins are having a great day, most of them are in green, and the cheapest ones are in red.
So take a look at the market and choose a coin and start trading, it is so easy, you dont need to learn too much since cryptotrading is not the same as forex, it is much easier.

How do you think if bittrex is compared to hitbtc, who is better ..?
 I have not tried bittrex and for me its still a beginner i chose to use hitbtc because i think hitbtc is easy to use

Yes skills and knowledge are very important for trading and if you want to make money with trading then you have to be expert. Well you said budget is also important but I think budget is not that much important, all you need is a sufficient amount of bitcoin that you can easily be recover when you loss, do not put all you bitcoin in trading, I could result in worse. But if those are more expert in trading it depend on them to put all or not.

maybe you can trade at bittrex, polo, crytopia,novaexchange etc but But among the mentioned bittrex and poloniex is a good choice

I think before you invest you buy different altcoins is make a research first to the trading. You are the one who will find out what is the best altcoin to buy. Having a lot of knowledge is really helpful.

Correct. polo and bittrex are the most recommended exchanges for trading altcoins. And not just for newbie, the crypto holders in huge amount are trading inside. which is a consideration of them is because transactions occur very high compared to other exchanges.

bittrex or liqui. Both of them are very good for new traders. However, I think you need to learn something first before choosing the bitcoin exchange. There are many things need to learn when you join the trading world. It is not easy as you think ;)

Trading is very risky. Think before you click. You are a beginner so there is a big possibilities that you will lose your money to the trading because I know that you still have not enough knowledge about trading.

No one could have said it any better because a jump in into trading will come with bad experience without having to learn a lot first. With all my number of days that I have been on the forum and still reading, I have still unable to sum up courage to go fully into trading simply because of the fact that I still feel there is still a lot to learn in this ever dynamic industry which is not any where ending on that.

I think a much better and safer way to trade altcoins would be to rule out all those below the first 10 most capitalized coins. That would ensue the availability of enough liquidity, which is something the market requires to be flexible and profitable. That said, then the right coin(s) to buy any day would be any of the above 10 altcoins, whose price have fallen by no less than 10% in preceding days. Simply buy and Hodl, things get better from there!

A safer approach would be to buy perhaps half or one-third quantity of the coin(s) and await further drop in price to buy more.

First of all i encourage you to join signature campaigns because its the best way of earning bitcoins rather than jumping into trading and its very risky. Next thing is that if your'e really into trading then start searching about crypto-currency learn the terminologies like pumping and dumping then start looking for the charts. Then try to read other thread here so you will learn from experience of other traders.

If you are just making decision for the best exchanger as beginner, I would surely suggest you Bittrex. It is quite amazing to experience it as newcomer in trading. You would be getting all the useful information clearly explained to you, better interaction you can make with other traders and bitcoins.

You can try out on practicing on Yobit.net since they do have lots of cheap coins which only cost 1-2 digit satoshis but better be wise on selecting on coins because most coins on that place are being dumped hard already and might not to pump again. This is the place i can think off since there are lots of choices of coins and also you can try out on c-cex too.

You should try a user friendly interface like Bittrex or Poloniex because some exchanges are not user friendly and causes confusion to traders who just starting on this field. Yobit is a bit complicated. So i don't recommend Yobit to use. There's too much shitcoins on that exchange. Poloniex is good since the available altcoins there are quality coins. Which means the chances of profit is good.

Yeah I agree to you. You must not go and trade immediately because you are still newbie in trading. I agree to you that the best way that all the newbie can do is make a research first about trading. 

I have used Poloniex and Bittrex exchanges.Both are legit and are user friendly.Poloniex is a very big exchange.If you need access to more newly released coins,then you  can try Bittrex as new coins are listed there in large numbers.More over,withdrawal fee is also just 0.0001 btc in poloniex unlike other exchanges.I think is not recommendable as it is said that it lists mostly scam coins.

we should listen in anyhow since exchange is a big place for such a newcomers and a lots opportunist are there waiting to take advantage of someone's
money the market is so wild we really cant predict even the pro's are still unsure what will the market brings them.

Bittrex is amazing for the newcomers in trade. Reason is the better interactive environment they gives to clients. The easy operating of business in there. Newbies could be panic to see some huge complications at once in start so Bittrex is better to make you feel easy with that. But still before getting into exchangers, you must learn how to trade and if and buts of it too.

HitBTC is safe, but I have a bad experience. I am sending ETH to another wallet until now unconfirmed.
I am not alone, after I see in this case forum many happen to other traders. So far I'm still waiting for my coins back. Better bittrex.

Agreed, be prepared but I say — trade!

Best opportunity to enter the market is now. I started in july, made 50% in one month. OP, Good luck and have fun!

for me bro s many coins to trade but you need to research first if is good to invest that coin or chart reading you can do short trade so can get some small profit. check on coinmarket capt to get full listed of top coins to trade.

Doing research before trading is the best move to make if you are just a newbie trader because it will help you to get all the basic information that you want to clarify things and to know if the coin is a good coin to put some money or not. When i was a newbie trader, all i do is research and i can say that it is very effective and it helped me to make trading profitable.

Agreed with your last words, we must be enter into trading before getting much knowledge about it, because bitcoin is not much easy to understand and so that its trading. Yeah bittrex is good for trading but newbie must have some knowledge to start on any trading plat form. I lost most of my coins in trading because of my unawareness of trading.

The trading platform I use are coinexchange.io bittrex and polo but I also trade in c-cex. Find which of them you are going to be comfortable. They are all my trusted trading platform.

New traders are the most innocent community in the crypto kingdom and especially those who have no proper guidance from any veteran. They really need to understand that this market is not easy to understand and there are so many crocodiles waiting for you to make one silly move and they will engulf you (means our money, lol). Beginners should trader with small amounts until they grab the basic idea of the trading.

Yup, there's a need for them to experience it, sometimes reading, asking or watching tutorials doesn't help when were not applying it. Trading is unpredictable and theres a chance that instead we earn we lose . It's a gambling between the coins and our decision.

I'm a beginner trader.
A month ago I lost my entire deposit.
Then I bought training in trading. I learned a lot about their course. I realized that the strategy that I had was a mistake. Now my trade brings me profit. Small - but profit!

I am also new in crypt trade.but I am learning crypto trading from my bosom friend.the evvery day he learned me about the trade and I followed him and her rules.I also able to earn some profit from crypto trading.Hope that i will be a crypto trader within the short time.

If you are newbie and you want to learn trading you should lose your research about trading google first before you enter trading, it's hard to start trading if you do not have any knowledge so you should always be prepared that's just what I can advise you.

That’s pretty courageous that you did not give up on trading rather took it as a challenge and learned in detail about it. That’s great if you are earning profits now. It is sagacious if you are testing your trading strategies with small amounts. One day you will be among the best traders. Good luck!

No , Anytime is a good time even thou he is a newbie especially now the market is in bloody again or dump. He can take this as a good opportunity and startup. Then  he is advisable to do what you said buy and hold it for a long term period for sure it will generate good amounts of profits. While waiting he can study more trading so it will both great part of his knowledge and profit.

That is what i always tell to my friends who are just starting in trading, i told them to buy when there is a lot of blood in the market and just keep holding it until the charts go green and if the charts are still red then it is the best opportunity to find strategies and tips that can give them chance to make more profits rather than by just holding.

I think this month is not the best time to do trading, because this time market very unpredictable. and bitcoin at the higest price no one know it will go down or will going up.

Bitcoin is good to invest though price is expensive and I believe price will continue to rise. Since a newbie wanted to trade a website suitable for beginner is bittrex but ofcourse do some research on what cryptocurrency is worth investing.

You can try some exchange like novaexchange, c-cex ,cryptopia and so on. When you have a good basic knowledge you can go with Poloniex and bittrex but bear in mind that when you enter this exchange it is more high volume and high volatility of coins which can affects your trades as a beginner so i merely suggested better to learn first.

The best advice for you is to use Bittrex and Poloniex. Both of them are user friendly. If you are having a hardtime, theres a dozen of Youtube videos teaching how to use Poloniex and Bittrex.

for beginners, I have some advice for you. Gather as much information about currencies, Select the currency that you sure have it profit when trading, the commercial web where you can be assured is now Bittrex and Poloniex.
p/s  : In Bitcointalk you can collect a lot of information about the types of coins. good luck

If I am going to recommend it would be bittrex. Many of their coins usually pump but only 40-50%. But if you are looking for a dramatically rise on your altcoins, try cryptopia, yobit and nova. Those are risky exchanges to trade so choose wisely.

I'm using Poloniex right now and so far I don't have any problem with them. I want to try the others but I heard their service fee are so high.

Poloniex is one of the best exchange before but they are been facing for some controversy and this could make me feel worried, thats why I'm trading on multiple exchange so that I will not been caught badly if Poloniex will implement a hard run to there exchange.

Bittrex and cryptopia is one of good sites to trade on since they've got an impressive volume of high rollers in their trades.

I suggest using the market exchange in poloniex or bittrex for many coin beginners whose prices are still cheap and various altcoins are there to learn beginner trading.

agree with bittrex, in addition, i also suggest poloniex and cryptopia. This is one of the most popular bitcoin platforms on the market.

Your just a newbie, and your to eager to proceed to into trading industry instantly. Do you think your eagerness will bring you to become a good traders. You must start first in learning, because if you proceed there immediately, I'll guarantee you that you will not succeed in trading 100% I'm sure about that. Because trading is not gambling where you will depend on luck only

i recommend poloniex and cryptopia too. in that two exchange, we can see many profitable coin that in any time can be increase and we can make nice profit. but we need to choose and analyze each of coins and make buy and after that, we only need to wait for the high price. but be careful when you decide to buy the coin, always analyze first and determine the price you want to buy and sell.

Cryptopia, Bittrex, are the two which are the good one's and i personally use it. I advise all the beginners not to go for trading if you dont have big margin and good timely tested strategy. Better go for investment or if at all you are trading do in small margin.

I recommend bittrex and poloniex as an easy to use exchange. You can trade very easily here.
In addition, the exchange also in my opinion has a good level of security and trust.

In recent, Poloniex exchange have many scandals about support and withdraw money of user from their exchange. So, if you want use Poloniex exchange for trading, you should consider careful again before decided that.

I use Bittrex. I'm a newbie and decided not to trade shitcoins I don't really know anything about so I'm ok with the site. Also i've heard Kraken is good

Its good that you ask here if your a beginner. I can whole heartedly advice you if you want to choose a cryptocurrency to trade, you must need to do soke reasearches about different crypto so that you can decide where to invest and trade and pick the best you think. Theres so many cheap cryptos but maybe they will gradually become expensive. But bitcoin is good if you like.

I am also trading with all the exchanges you have mentioned and honestly I'm not finding any big differences between them. The only case I am preferring one particular exchange must be, based on availability of one trading pair. Other than this, almost all reputed exchanges are good for any beginner.

But for a high volume trader, it will be a good practice to choose an exchanger based on fees and daily withdraw/deposit limits. Hence for the beginners they can go with any reputed exchange.

Choosing coin exchange should be personal collection. There are many exchanged but every exchange has its own collection of coins which they accept and let you trade there. So if you have one coin which is listed in the another exchanger where you don't have account then you will have to go for that exchanger. This will happen with you for sure when you start investing money into different coins. So it's better you sign up for the all available exchangers and use them as an when required. There are top exchangers which you can see at coinmarketcap.com and choose as per your coins.

Well , firstly you should not tell anyone that you are a beginner trader or a new trader as the other person will then easily make a fool of you and might even scam you. And next if you don't know anything about trading then don't even try to learn. Because now if you start you will face a lot of problems and I don't think think you can face that

As a newbie based on threads i read the best choice is Bittrex and indeed what i read was right i had started up and it only cost $.50-$5.00 with that amount we could actually trade. But of course we need to study first which coin we are going to invest. You should try it in a small amount for you to experience trading.

You can try poloniex, bittrex, cryptopia, nova exchange, coinexchnage, and ccex they are good i exchanger all of this exchange i already try them all and i realy like them until now

There are so many exchange now that have a very good tools so you can see the potential of the coin you holding you can also watch in youtube fir some trading ticnique in some exchange to earn more profit

If you want to trading btc-fiat choose bitfinex, this is the best.

If you want to practice the actual trade then yo can start also at small capital I think c-cex, bittrex, cryptopia, hitbtc.com, noveaexchange, or  bitcoinwisdom with this exchanger you will earn a lot just be observant with the traders inside the platform.

at the first you should try top 10 coins at coinmarketcap!

Trading is defferent things any other job.You can loss anything or you more profitable.If you want to more profitable you can deside to first learning what is trading ,how to know valuable of coin and ico.Never try to do without thiking.Firslty you buy some bitcoin and hold for long time because bitcoin can makes a profitable.Day by its price increased than you research some coin which coin valuble now .When you know minimum knowledge about trading than you try this..thanks.

As beginner trader in this industry, you need to be more careful in doing trade in the platform. Be more observant inside the exchange site platform, observe the the movement of the traders over there, also the price in the chart. How they react if the value move up or down.

Don't ask suggestions of any altcoin here because you might lose instead of gaining. Do your own research and check their announcement threads so you won't feel any hesitations buying the coin.

i will refer to youbittrex because it is more secured for me rather than poloniex because poloniex is one of the famous but it is still experiencing some lag and that is an indication that their team is not working to solve those issues and they are also having some cyber attacks .