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Author Topic: Best exchange for beginner?  (Read 5498 times)
Dasha88fed
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July 09, 2018, 04:08:18 PM
 #1421

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 see that many advise for beginners to use such exchanges as IDEX, Etherdelta, Forkdelta and others, but the fact is that these are decentralized exchanges for trading ERC20 tokens and using them you can not make a deposit of USD or another Fiat currency and on these exchanges there are no trading pairs USD/token*. I do not advise Yobit to use it, it has a very dashing reputation and this is not groundless. You can start with the https://exmo.com exchange, because it is the most convenient, works without problems, the support service responds quickly enough. You need to undergo verification and confirm your identity, after which you will be able to deposit EUR, USD and other currencies, then buy coins and trade them.
I agree, I also like EXMO, I have never encountered problems related to the withdrawal, the transfer of funds or something else. But you can also trade on those exchanges that do not have trading pairs USD/BTC, LTC, ZEC, ETH, for this you can use the Bitcoin purchase services, then transfer it to the exchange and trade for example in BTC/ETH, BTC/ZEC, BTC/LTC and others. In this case, you will not be tied to Fiat money, because everything goes to the fact that Bitcoin will gradually replace Fiat.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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max6575
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July 09, 2018, 04:35:48 PM
 #1422

with different feature as trader to defines of one as best to match with customs of personal strategy to collects as much on returns with arrange to gains with nominal profit as compound to personal wallet of dedicated account.

phongz81hng
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July 10, 2018, 04:00:01 AM
 #1423

You can use binance and etherdelta at the beginning. Etherdelta is the most useful one for erc20 tokens. You can find all erc20 tokens to trade with just contract number. Binance is the most popular and safest one of all exchanges i think.
needfix24
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July 10, 2018, 09:24:12 AM
 #1424

In my 8 months of experienced, better to use Kucoin or Binance. These exchanges are really user-friendly and you can easily track your coins. I usually exchange DeepOnion, Bitcoin, Ethereum and my other alts here.
Janienregado1992
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July 10, 2018, 09:27:03 AM
 #1425

Best Exchange for  Beginer ?? I suggest exchanger is Kocoin yeah !! that exchanger is always open to all beginer that they need to exchange there token in bounty!! so you have to get in to!!
Zebrodok
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July 10, 2018, 09:31:25 AM
 #1426

I like Binance, easy to use interface, I like the speed of transactions and availability of all cryptocurrencies.
jrvictor
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July 10, 2018, 09:34:26 AM
 #1427

In my opinion centralized exchanges is a good choice for beginners. Because exchanges like Idex can be a little bit complicated.
Chronner
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July 10, 2018, 09:36:42 AM
 #1428

Personally, I started trading on the Polnex. It was difficult and difficult to understand, because I did not know the principles of trade. But then I got used to it. My opinion is that where the volume of trading your monte is larger.

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Pure03
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July 10, 2018, 09:54:50 AM
 #1429

I strongly agree with this comment. The easiest is to enter the stock market money orders without any difficulty to buy. It's not a mess, it's the price tag you're buying.
IlfarIldarovich
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July 10, 2018, 01:39:13 PM
 #1430

You are absolutely right, many are faced with such a problem. I think that at the moment the most comfortable beard for a novice is Binance. There are quite low commission for transactions, convenient interface and a large number of trading pairs
Kapee
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July 10, 2018, 01:44:04 PM
 #1431

Gone were the days when became eager to get my own tokens and trade them myself. I nearly put myself in a mess one day Cry because i tried to trade on an unknown exchange site. For newbies, i would encourage them to use etherdelta and forkdelta before they start losing precious tokens.

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hana_ruby
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July 11, 2018, 12:10:14 PM
 #1432

There are several exchanges out there, some with strict kyc procedures while others are very lax. first before you choose a cryptoexchange, you need to consider issues such as security, regulation etc. i personally use Binance and kucoin, and also bitrex for purposes of trading
BinaryBotch
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July 11, 2018, 02:21:19 PM
 #1433

If you are a beginner and you are looking for the best exchange to do your transactions, then I would advise you consider Kraken and Binance, I think these are legit the two best options out there. They are new-user friendly, easy to use, fast, efficient and their charges are quite fair. You can ahead and do your researches too cos what works best for one might not be it for another.
blackblue986
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July 12, 2018, 05:04:49 AM
 #1434

I highly recommend Etheredelta for exchange token or ICO coin's and hitbtc for Bitcoin or Altcoin exchange , its usage is very easy, and if still confused can see tutorial its use on youtube..
Ratio2112
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July 12, 2018, 08:19:40 AM
 #1435

I really like Kucoin for altcoins like: Electroneum, DeepOnion and Nano. I use Binance for IOTA and other altcoins that are not listed on Kucoin.

Then it depends on which currency I want to trade, many are listed on not known exchanges.

The lack of FIAT hub has never been a problem for me, but I understand that for many people this could be a great incentive!

Edit: I forgot to mention Swithceo: this exchange is an awesome decentralized solution (not crappy at all, like EtherDelta). You can trade NEO tokens there!
soooulliv77
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July 12, 2018, 08:36:58 AM
 #1436

My choice for both novice and experienced user is binance. Very large, reliable and solid exchange.

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Lenina
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July 12, 2018, 08:46:22 AM
 #1437

My first exchanges was Bittrex and Poloniex, but for beginners, I would recommend register for Binance, since this is one of the best and most convenient exchanges in my experience.
Bledlert
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July 12, 2018, 08:55:17 AM
 #1438

For beginners,it is best to use binance, the most popular and safe.
seblbj
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July 12, 2018, 09:02:49 AM
 #1439

For beginner I will suggest Polonix and Kucoin. They where very easy for me to use when I started trading. They have a large assortment of trading pairs bitcoin-altcoyin. Pretty simple interface. And there are no special requirements.
tulpash
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July 12, 2018, 09:08:30 AM
 #1440

For beginners,it is best to use binance, the most popular and safe.
I would also advise you to start trading with binance, it's a very convenient and understandable exchange with a lot of coins. In addition, it is quite a reliable exchange, the support of which is good to contact in case of difficulties.
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