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Author Topic: Best exchange for beginner?  (Read 5503 times)
MAGsecurities
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January 15, 2018, 07:38:22 AM
 #301

BINANCE: Doesn't offer my currency pair.
BITTREX: Does offer my currency pair, but are no longer accepting new registrations.
BITSTAMP: Offers my currency pair, but I've been "pending account verification" for over 16 days now.
GATEHUB: Also still pending verification.
KRAKEN: Plagued with bugs, and has prioritized new customers extremely low on their shit to do list.

The barriers go on and on...

Any new money wanting to hop in the crypto game is just goin to have to wait.  I'd plan on not being able to actually start a position until the end of February or March...if you start the account verification process today that is.
 Angry
lingwistiko
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January 15, 2018, 07:39:12 AM
 #302

I prefer you to use Kucoin.com because the old-school Etheredelta which have been my favorite all-time have so many issues already. From having a high trade rates to the time its website got DNS-hacked by hackers, ED seems not a good crypto exchange for newbies anymore.

XFlowZion
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January 15, 2018, 08:03:37 AM
 #303

Bittrex is the easiest  exchanges of all that I used when I'm still a noob. Second is Cyptopia and Nova. Binance is a bit complicated and it needs larger monitors.
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January 15, 2018, 08:08:48 AM
 #304

At present, Bittrex and Binance are the best two exchanges. Bittrex has stopped new user registration, so Binance is the best exchange now. It is also a beginner friendly. I don't see any problem.
dasher797
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January 15, 2018, 08:31:02 AM
 #305

I think poloniex is also good,this is tue first exchanges that I use and I feel it easy to understand how to make transaction. Big exchanges is the best for begginer because it will not turn to scam. I suggest to beginner to use bitfinex too because there are hugest trading volume of pair of bitcoin and paper money.

sudhirratra68
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January 15, 2018, 08:47:49 AM
 #306

The best exchange for beginner is "Coinexchange.io". Easy to access and user friendly.
rexter
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January 15, 2018, 09:08:39 AM
 #307

When i started her in crypto currency i use Etherdelta and Coinexchange these is the exchange i learn in trading,so far so good i transfer my altcoin with no problem for a starter whose willing to learn in trading i prefer for these exchange.
snedyolo
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January 15, 2018, 09:41:07 AM
 #308

I was away from crypto for years and now I'm trying to get back into the game.  I was really STUNNED that there is no exchange, even after many years since bitcoin started, that we can just deposit USD and start exchanging altcoins.  I hope I'm wrong because this would be the single biggest hurdle for altcoins to be widely adopted by general public.  There are just too many hurdles to jump over just to START trading. 

I think for a beginner it is possible to start trading as long as he or she is fully equipped with the knowledge of what he or she is about to enter. There are also websites that the beginner can use as preference when it comes to trading. I'd like to bring up one of the websites that helped me when I first started trading and that is https://daneel.io/.

GreatArkansas
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January 15, 2018, 09:43:05 AM
 #309

My suggestion is try KUCOIN and BINANCE. They are very friendly user, good for beginner . They are very easy to learn or try to start also in bittrex, but bittrex need KYC, but if you are willing, you can start there, very nice GUI and has a good volume. Just try it, good luck.

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Goodween
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January 15, 2018, 09:48:48 AM
 #310

You are totally wrong dude. There are a lot of exchanges and some of them really good and simple to use. As for me I'm using etherdelta, youbit, binance. Also bithumb was good korean exchange, but it was closed.
arcfaith
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January 15, 2018, 09:49:11 AM
 #311

If we are talking about deposit usd directly in exchange for btc/eth to trade in the exchange currently i feel coinbase is the best for beginners. They have a limit though, and you have to transfer out to major exchanges too once you purchased.
Beginner friendly exchanges wise, i will recommend either etherdelta or binance. Bittrex would require quite a bit of verification.

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January 15, 2018, 09:51:34 AM
 #312

There are many exchanges for altcoins and bitcoins out there and I think kucoin is the good one, they are still new but I really love their fast withdrawal and smooth site. Also you can try cryptopia and coinexchange, I also use hitbtc but the trading fees is really big.
Koro-Sensei
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January 15, 2018, 09:57:31 AM
 #313

I was away from crypto for years and now I'm trying to get back into the game.  I was really STUNNED that there is no exchange, even after many years since bitcoin started, that we can just deposit USD and start exchanging altcoins.  I hope I'm wrong because this would be the single biggest hurdle for altcoins to be widely adopted by general public.  There are just too many hurdles to jump over just to START trading. 
Binance or bittrex these two are the best but for starters or beginners i choose bittrex for you has sleek designs and fees and transactions are low. Theres no rush on trading or else your gonna suffer from  your lack of knowledge to identify flaws and etc.
globalking
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January 15, 2018, 10:03:17 AM
 #314

I think for the beginners there are few exchanges which are good for them to start one is yobit and cryptopia there are the exchanges where they can start.

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hani1929
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January 15, 2018, 10:03:52 AM
 #315

cryptopia is the best for beginners but i prefered poloniex.com because they have a friendly GUI. Its easy to understand and its easy to trade

Alo Frankfurt
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January 15, 2018, 10:11:57 AM
 #316

You will need to see if the coin is available in the exchange you want.
Bittrex has a lot of coins , but registrations are disabled.
You should use HitBTC,
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January 15, 2018, 10:26:30 AM
 #317

I use Kucoin and Binance. I also think Kraken isn't all that hard to learn. I'm a beginner but it didn't took long to understand the basic concept (at least for me).
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January 15, 2018, 10:27:12 AM
 #318

I used to use Poloniex as my main exchange but i've had issues with their withdrawals recently so i've started to move my coins over to different exchanges, i'm really liking Binance and KuCoin at the minute, both are pretty easy to use as well, Gdax is always a good option as well as you can deposit USD into coinbase and then instantly (and for free!) transfer the money over to Gdax for trading
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January 15, 2018, 10:55:46 AM
 #319

Binance, IMO, is a great exchange for beginners because they have a basic setup there where anyone can immediately start trading, even those who are inexperienced. The only downside, however, of this exchange is that they have higher transaction fees compared to other exchanges. Now, besides Binance, you can also try HitBTC. They have a demo in their exchange where you can practice and improve your trading skills. Same goes for SimpleFX. Check these two first and start practicing with their demo API before you get into real trading using real assets.

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January 15, 2018, 11:10:21 AM
 #320

When I was a newbie, I shad scared a lot when I saw their interfaces Smiley it looked hard to get used to it for me i the beginning. Binance looks fine for me and kucoin.
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