Best exchange for a new crypto investor?

[WillyZ]

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

[Mkmanik]

Where do you trade and what are your recommendations?

I am using only Binance for now. its good exchange site and the volume is huge also. you can use this site, the exchange site link is https://www.binance.com/ I am not sure as a newbie how you found this one. You can also use Kucoin exchange site. this coin adds new altcoin most of the time.kucoin exchange website link: https://www.kucoin.com/
If you have erc20 coins and not found the coin name on those site than use Forkdelta, here you can also use a smart contract address to do the trade. website link: https://forkdelta.github.io/

[karungbitcoin]

If you just jump in to crypto trading, for better use only exchanges that has stop limit/ trigger order so you can use this function as stop loss. Because many trader include me make trade without using stop loss and finally iam loss more than 50% because i can not handle the price action of crypto in 24 hours aday. Good exchanges that has this function is Binance, Bittrex, Okex. But between 3 of these , Binance will be the best one because offer smaller trading fee and has higher daily trading volume.

[Reid]

Same with the 1st who replied to you. Binance. It is the most popular nowadays and because of that the movement out there doesnt stop.
When you are a day trader that is all you need.
A fluctuation which never ends.
Although some of them are just bots it is helpful for you can make profit out of it.

[Lucius]

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

There are so many crypto exchanges today, some offer only crypto trading pairs for example BTC/ETH or BTC/LTC - for instance Binance have almost 250 such pairs so you can easy trade many altcoins for BTC and vice versa. But if you need to send money ( fiat ) to exchange to buy some cryptocurrency then you need to look for exchanges which offer fiat/crypto pairs, so pay attention to it. Also many exchanges requiring that you need be verified with your documents so that you could use them, and you will recognize it by KCY ( Know Your Customer ) and AML ( Anti-Money Laundering ) just by reading their TOS.

Some of most trusted ( oldest ) exchanges are : Bitstamp, Coinbase, Poloniex, Kraken and some others. Before using any exchange I suggest you to make a review of that exchange by simply use search engine with key words including "exchange+review".

[WillyZ]

Thanks to everyone for their input   You have been really helpful.

[Shafiqul Islam]

There are many trusted exchanges for new investors... marcatox,idex decentralised exchange,polyneix,hitbitc,and gate.io is a security based exchange for new investors.

[Vanester2014]

For me the best exchanger that is good for me even when im a newbie back then is coinexchange, poloniex, cryptopia and CCEX so far that four exchanger is the best exchanger for a newbie in trading because they are user friendly and very easy to use.

[Ctn]

Where do you trade and what are your recommendations?

I am using only Binance for now. its good exchange site and the volume is huge also. you can use this site, the exchange site link is https://www.binance.com/ I am not sure as a newbie how you found this one. You can also use Kucoin exchange site. this coin adds new altcoin most of the time.kucoin exchange website link: https://www.kucoin.com/
If you have erc20 coins and not found the coin name on those site than use Forkdelta, here you can also use a smart contract address to do the trade. website link: https://forkdelta.github.io/

Thats all! Binance, Kucoin are the best currently. I guess everyone will do suggest you Binance because it is also the Top 1 exchanger by volume and the number of coins those are listed over it. I personally like it because my all coins are listed over there and also they receive good community response. Whenever new coin is listed over the binance then it is said that it hikes to upto 40% in its value because of the huge crowd response to such listings. You will understand all these things once you start trading over it. And also make a note that there is no such thing as new investors etc, because all are same in their core functions.

[boakyei]

As a beginner to crypto investment, the best exchange is the one with liquidity and high security to safeguard your funds. I think Binance, Poloinex or Coinbase is good for a beginner to start crypto trading.

[DonaldHun]

Try Huobi.pro. They have a solid foundation, have a great deal of trading volume and traders. In particular, they improve their reputation with performance and friendliness and new features. OTC is also their great direction. You can sell crypto and receive money in your card account.

[roshanfious]

I strongly recommend Binance exchange and also you can pick up top 10 on CMC(CoinMarketCap). Have fun and keep safe!

[Azima85]

Many good ones, I suggest you start with Binance and Kucoin..both are very user friendly..after some time when you get used to the process..you can check other exchanges..there are tons of others anyways 

[Sanchezino40]

Talking about exchange for Crypto investors is very important. Not all exchange are good to invest on. Some of the best exchange you can actually rely on are as follows
Binance
Bittrex
OKex
Etc.
These exchanges are good for investors to invest and leave for long time

[krasheed11]

As a beginner to crypto investment, the best exchange is Coinex.

[vuithoinha]

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

I am trading on Binance and Bittex. Both are pretty good. But I still like Binance, this is the largest trading platform in the world, the number of coin is also very much, you can freely choose.

[WillyZ]

Thank you to everyone for your input. Seems like Binance is the way to go and then explore other stuff when you are more familiar with trading.

[GreatGEEK]

Since you’re newbie, I think you may try cex . This platform is known as a user-friendly one, which means it’s quite simple to work with it. When I was a beginner, I used only this exchange. Currently I’m using several platforms for different purposes, as all of them has their own pros and cons. Anyway, cex has many pluses, as like reasonable fees or different guidelines. So check some info about it, if you interested.

[Aweasadbek]

You can start with Binance. It is good place to exchanging. Also they have a reliable team. They will answer quickly and help you.

[googs84]

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

If you are completely new and want to get started with demo accounts then HitBTC is great option for you to start with. This is just for the demo one but not the real trades because this exchanger have thought to be stealing people's money, so stay away from the real trades here.

If you want to get started with the real trades then there is best option like Binance and Gate.io which can give you great head start with good user interface. For a professional trader it is very important to have the perfect UI because things should be available on screen to trade effectively. Once you gain some knowledge then you can trade on almost any exchanger out there.