What kind of exchange should a newcomer choose and why? Difference of exchanges only in the exchange rate?
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
No. Every exchange has its own features, its own pros and its own cons.
Choosing the best one mainly depends on your needs. What are you searching for? What pairs do you wanna trade? Do you day trade or buy and then hold? BTC markets or ETH markets?
Please be more specific about that, so that we can help you better...