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Author Topic: Good exchange to start buying cryptocurrencies?  (Read 538 times)
sona12
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November 27, 2017, 05:38:20 AM
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hi am newbie here..can anyone suggest me good exchange to stat buying  cryptocurrencies..

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November 27, 2017, 05:43:00 AM
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First of all u have to buy bitcoin to buy other currencies. So it depends upon from which country u r as many countries do not allow bitcoin to purchase. Localbitcoin website is best and operative all over the world to but bitcoin and then u can buy other cryptocurrencies by this bitcoin on other exchanges like bittrex, poloniex, binance, cryptopia and many others

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November 27, 2017, 07:17:53 AM
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First of all u have to buy bitcoin to buy other currencies. So it depends upon from which country u r as many countries do not allow bitcoin to purchase. Localbitcoin website is best and operative all over the world to but bitcoin and then u can buy other cryptocurrencies by this bitcoin on other exchanges like bittrex, poloniex, binance, cryptopia and many others

So meaning to say, Buy bitcoin > transfer to exchanges > then start trading?
And if I were to convert it back to cash, its the reverse cycle?
Sivanandam
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November 27, 2017, 08:18:38 AM
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Hi, In general cryptocurrency exchanges such as bitfinex, binance, bittrex, coinexchange and cryptopia are trustworthy and secured. Whatever exchange that you use i would advise you to use two factor authentication and keep following the exchanges in twitter so you can get to know latest updates from the  exchanges. Personally i would prefer bittrex, cryptopia, coinexchange and bitfinex for cryptocurrency trading.

Good luck for your trading Smiley

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November 27, 2017, 10:55:42 AM
 #5

bittrex is good for beginers, please buy btc somewhere to deposit in bittrex fo trade..
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November 27, 2017, 12:22:56 PM
 #6

If you are just looking to trade, you can choose livecoin. I got many positive feedbacks from peoples in OTN coin telegram group.

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November 27, 2017, 01:26:06 PM
 #7

Coinbase is my go to as they are extremely trustworthy and very quick and hassle free service. other than that I recommend kraken.
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November 27, 2017, 03:32:57 PM
 #8

Poloniex is my first choice i will recommend for you. Their security is high and you can exchange your bitcoins with a lot of stable cryptocoins there.

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November 27, 2017, 03:58:24 PM
 #9

I've had good experiences with Poloniex for a broad range of cryptocurrencies and CoinBase for the more mainstream cryptocurrencies.
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November 27, 2017, 04:39:22 PM
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I think future of crypto is a very interesting and important topic.. and I want to learn more about it... from my experience, I feel that conferences could be a good way to learn... I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, I have money and I suppose it could worth it... what do you think guys? have you heard about It?
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November 27, 2017, 05:04:04 PM
 #11

hi am newbie here..can anyone suggest me good exchange to stat buying  cryptocurrencies..

It all depends if you want buy cryptocurrency and hold, or you are looking for some place for trading.
If you want only buy, in my opinion Coinbase is the safest. For trading the best for me is Poloniex.

Good luck Smiley



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mapar
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November 27, 2017, 05:34:24 PM
 #12

For buying bitcoin I suggest "coinbase.com" and for trading crypto I would suggest "cryptopia.co.nz".

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November 27, 2017, 05:48:18 PM
 #13

As some have stated, the easiest "pain free" experience has been: Buy BTC or ETH via Coinbase (delay in getting coins plus  transaction fees, higher on BTC), then "send" whatever amount you want to Bittrex. Once there, buy alts... Always set up 2FA on every account. This is the route I use and it's been super simple. Other than the delay getting the coins in Coinbase, it's seemingly safe and hassle free. Happy trading and never put at risk what you are willing to completely lose.
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November 27, 2017, 06:37:38 PM
 #14

I am also a beginner. I tried to trade on multiple exchanges, but opted on binance. This exchange has a simple interface, a lot of different coins and large trading volumes.

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November 27, 2017, 08:32:57 PM
 #15

I use coinsmarket and its ok.

Sometimes it gets stuck in the movement but was told it's bots free, so you can actually trade and not chasing machines...

But it could be better
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November 27, 2017, 08:59:37 PM
 #16

hi am newbie here..can anyone suggest me good exchange to stat buying  cryptocurrencies..

First question is if you want to buy BTC or altcoins. If you want just BTC my advice is to find a local exchange that accepts your local currency and trade there. If you really want an international exchange you can try Coinbase as I had no problems with verification there. The only downside is their withdrawals can take 3 days which is extremely slow IMO.
If you have BTC and want to buy altcoins try Poloniex. Bittrex had some issues with blocking and banning accounts in the last few days so I'm not keeping money there until the situation goes back to normal. 

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November 27, 2017, 09:28:20 PM
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I have used both coinbase and bittrex and have found them both good. Bittrex does have a wider range of coins you can trade with. I too am new to crypto and have found them both user friendly.
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November 28, 2017, 12:37:13 AM
 #18

i would like to use bittrex or other famouse exchange, even living in far east of the world. Local exchange has too expensive transaction fee.

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November 28, 2017, 11:26:04 AM
 #19

bittrex.com
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November 28, 2017, 01:16:53 PM
 #20

Kraken or coinbase would be my choices for newcomers
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