Best exchange for a new crypto investor?

[hoddddler]

very good thread for a new investor
thanks for your comments everyone

[1714700502]

1714700502

[1714700502]

1714700502

[bchain22]

I see tons of new exchanges coming up. Some are really trying to lure in the newbies with their very easy to use front-ends and some nice tools. What you think, should a newbie get involved with an exchange that hasn't established themselves yet in the crypto markets? Or, stick to Binance for example, that has proven themselves to be one of the best and biggest exchanges for newcomers?

[panjul07]

I see tons of new exchanges coming up. Some are really trying to lure in the newbies with their very easy to use front-ends and some nice tools. What you think, should a newbie get involved with an exchange that hasn't established themselves yet in the crypto markets? Or, stick to Binance for example, that has proven themselves to be one of the best and biggest exchanges for newcomers?

Stick to older and trusted exchange where you used to trade is obviously much more bettee decision. Indeed sometime new exchanges offers something attractive but it is better if we wait for a while till there are some reliable reviews about the exchanges. It is OK to try new exchanges but bear in mind that you should limit your budget for the testing purpose to avoid unexpected thing.

[cryptocointrade.com]

For a beginner, I would recommend

Coinbase for US
Bitstamp for EU

They have both great liquidity and the main currencies. However, they don't support many alternative cryptocurrencies.

Many people mention Binance in this thread. However, I wouldn't call that a beginner friendly platform. They do offer a lot of functions but they do not support fiat deposits at all.

If you are looking for more cryptocurrencies and also the possibility to deposit fiat I would check Kraken.

You can read deep reviews about all these exchanges at Cryptocoinzone.

http://www.cryptocoinzone.com/

[Inikoo]

I remember when I was new in this market, I also had no idea how to choose an exchange, as there are so many of them. To start, Binance is a good one, has lots of nice coins there, but later, you will register many exchanges anyways, because of some coin is only available somwhere else.

[bitcoinking11]

For newcomers, choosing a good exchange is very important, as there are many exchanges, so using a regulated exchange can minimize risk. Over the past six months or so, Binance has left all others behind and is the best exchange out there now. Its interface is very easy to use and fees are also very competitive.

[Pom_bensin]

binance is one of the best ways for new investors, seeing the sales volume of all coins in binance makes good binance to be the first choice. so I think the binance is the recommended exchange.

[duyduc256]

binance is one of the best ways for new investors, seeing the sales volume of all coins in binance makes good binance to be the first choice. so I think the binance is the recommended exchange.

I agree with you . Binance has a nice interface and can help you manage your assets best when trading. I have traded in a lot of exchanges but Binance is the exchange that made me the most satisfied at the moment and has given me a lot of profit since I started using Binance.

[jonhn772]

I would like to suggest you to use Binance exchange. It is one of the best exchange and they have big community on telegram. You can ask any question there.

[abracadabra]

Don't use Bitstamp.  They are currently not performing USD fiat withdrawals. My guess is some kind of money crunch or theft that they refuse to publicize. There are people that have been waiting over 2 months for their funds to be moved out of Bitstamp. There are people looking to spearhead a class action lawsuit against them.

[LSt56]

You are free to choose the exchange you want, because currently there are more than 100 exchanges available and provide superior services of each. But there is only one suggestion, if you really are a new investor then you should choose an exchange with high trading volume and good security. If necessary, you choose to look for exchanges with good customer service because it can help you if an unwanted problem occurs.

[CryptoVet0331]

Has anyone followed anyone on YouTube in terms of learning the basics?  I am looking for one with good results but also good programs available to learn the basics.  Thanks!

[Question123]

Highly recommended if you are trade in binance because in that exchanges site you can see a lotof coin that you are buy. Remember don't buy coin without doing a research

[MuhNofa]

saya tranding di exchange Bittrex https://international.bittrex.com/Account/Login dinisi yang melakukan tranding setiap hari menggunakan koin Cardano (ADA)

[Yamifoud]

Highly recommended if you are trade in binance because in that exchanges site you can see a lotof coin that you are buy. Remember don't buy coin without doing a research

It doesn't important if that exchange is listed a lot of coins, the most important thing is that it could be easily to used and less transaction fees. A lot of exchanges that are friendly users but it differs into corresponding fees and trading pairs.

[apityeh71]

Binance is the biggest crypto exchange and with high trading volume you can get lower spread and fast transaction.  This exchange also offer unverified account with daily limit withdrawal 2 BTC daily so trader can to trade immediately.  A lot of coin that listed in Binance was going up to 5 times because all that coin has strong fundamental, and Binance very selective to choice crypto be listed there.

[ufaiz50]

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

4
I think choosing an best or big exchanger site that is has a large volume for several coins is the best for beginners, I myself use many exchanger sites because they have different volumes on each coin and I choose an exchanger that has the largest volume in that coin ( binance, bittrex, local exchanger, huobi, okex and many more ).

[harleymasters]

At the beginning I used Bittrex, although the exchanges has not too large volume but the stability is very high. However, to learn more about crypto and how to trade, how to use Margin is still quite a choice. Bitmex is also a good choice. Be strong in placing orders with low capital, learn more from practice will bring better opportunities and better judgment skills for trader.!

[rose9696]

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 a new trader and want to make a profit right in the day, you should join the IDEX decentralized trading platform. Where the least stability is always there, the altcoins are pump and dump a lot of times a day. So there you will earn a lot of money with the guidance of some trading experts. Or you can join a group of "Pump Whale" telegrams. They will tell you what they are about to do, and you can buy it soon.

[Babyrica0226]

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 lot of exchange in this industry mate, then only few of them are good in my opinion. We have almost more than 100 exchange platform in cryptocurrency, now if you want the best exchange according to what you had stated in the above here is the link dude
for you to find the top 10 exchange, now its up to you on which of them are gonna attract you anyway https://coinmarketcap.com/rankings/exchanges/