Trading Exchanges for newbiee

[kotajikikox]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
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1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

Binance is the most trusted and popular excahnge at this time number one people choice because they gives better services. I also recommend the newly and realable platform exchange with full security feature nexybit trading  platform.

[BitHodler]

I have complaints about bitfinex, they ask for many things to verify account, it becomes tiring.

I hope you didn't actually proceed with providing them your personal information even though you say you're only using Kraken and Bittrex right now. Bitfinex has done nothing to gain back their confidence in a honest manner.

It's crazy when you think about how the largest exchange based on USD volumes excludes US registrants. An exchange that 'successful' should be able to obtain the legal approval to operate within the US easily.

The fact that they aren't even attempting it, which would result in an overall audit, tells me that there is a shady incentive for them to stay away from the US as far as they possibly can. There are much better alternatives available.

[elewton]

I used poloniex ( not recommend because it's doesn't update for a long time. so laggy. everything need KYC). now I'm moving on to Binance. don't need to do KYC things and you still can withdraw 2 btc/day.

[frowsiter]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

Gotta say, almost everyone has Binance in their list and why it wouldn't be after seeing its progress around the world. Bianance CEO is kind enough to spread his business around the globe and already talking with the banks to have the fiat to crypto and crypto to fiat option opened up for the world. I guess there couldn't be better option than this and no exchanger is even thinking about it that way. Binance also came later in the time when others were doing well but still it easily caught the market secured its place in top 3. So yeah surely it is the most recommended exchanger and one can always feel free to start with it before even going anywhere.

[sana54210]

To start trading, first we need to choose a platform, here are the platforms I use.
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Bicoin: Bithumb, Bitfinex

Tether(trading TUSD or USDT): Binance, Bitmart

ETH: all of above

Welcome to other suggestion

Why do we need to split up so many trading floors? Why do not we trade at a single exchange? I am wondering about this issue and hope you will help me. I'm a beginner to trading. thank you.

Sometimes, trading on different exchanges helps you to spread the risk, rather than just putting all your trading money into one single account.

All exchanges cannot be hacked or have problem at the same time, and the fact remains that you do not have any control over your funds since exchanges are centralized, so in that case, so as not to lose all your trading funds, should incase an unfortunate incident happens to such exchange, makes it quite important to at least trade on 2 to three different exchanges.

For me, I would say, Bittrex, Binance and Kucoin have been doing it for me, and I feel Kucoin is one exchange that is really growing in volume at the moment which the OP did not also mention.

[Miro22]

KuCoin is also a good crypto market/exchange with nice platform like in Binance, and if you are looking solid platform for FX choose MT4 on any FX Brokers (many brokers offers crypto too, but spread is to high in my opinion)- but choose good broker like ECN, STP with regulation, unfortunately many fx brokers is not that  good as they describe, but if you want then you will find a good one.

[Ponti]

I would also like to add some stand-alone analysis platforms which are way more sophisticated, if you are interested in a more serious crypto analysis. I would suggest tradingview.com which definitely has more technical tools than “standard” ones on the Binance. You can also try tensorcharts.com which in my opinion is one of the best if you know how to perform volume analysis.

[kevpantof]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I really do not know much about the last two you mentioned, but for bitfinex and binance, these are good exchanges that have been able to do well over time. I strongly recommend binance as well based on liquidity, trading fees, and then the support which is pretty good for me.

The UI too is okay but since I am always using APIs to trade on tabtrader, I usually do not pay so much attention on the exchange UI. For bittrex, based on loyalty, and reputation, this is one exchange I will never stop using, and even though sometimes, the fees in binance has spoiled me, I still feel confident with the bittrex exchange.

[herurist]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

People who use many exchange is swinger and that is good strategy in in this situation. I start use swing at August, not always profit but I can make big money when market not balance again. I recommended Hitbtc and Kucoin as alternative Binance and Bittrex, easy to use and have friendly support team.

[CodyAlfaridzi]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I would recommend KuCoin. Kucoin doesn't have much difference than Binance, just coin availability option. It is a relatively small exchange with good potential. If you have some spare money and looking to invest in some business-backed coin, I suggest you to buy KCS (Kucoin share).

One more thing, just in case there's anyone looking for a leveraged trading platform, I highly recommend Bitmex. They are one of the exchanges with the largest volume so no need to worry for liquidity. Another reason to choose Bitmex is that they don't ask for ID verification. You can simply make account, deposit, and start margin trading. Most importantly, they are very trusted.

[zhekinsp]

I would like to add LBC also into the suggestion list to buy bitcoin with fiat,it may not be an exchange but it can also be used fr trading and the beginners can understand about the crypto trading by here,It also helpful for the people who want to start trading and don't know how to buy bitcoin to buy the other trading pairs

[Rohtox]

binance is very good i trade there every day. with a large volume it is very good to pump prices quickly for a 1-2% profit a day that is very possible in binance. i love binance 

[Wiwendefak]

To be honest, I would stay as far away from Bithumb as possible. Too many security breaches (at least two successful hacks) and more than USD$31 Million stolen by hackers (that's the disclosed number; who knows how much hackers had stolen in 2017). That's not an ideal platform to put your money on to, in my humble opinion.

I would add Bittrex as well—trading for two years on that exchange, and never had an issue, it is one of the top.

You are right. I Don't know why everyone suggests and supports Bithumb exchange. Such a bad crypto exchanger it is. This exchange already hacked two times this year, and hackers took 31 Million USD, We can see another hack in this year, who knows. Bittrex is far better than this overrated exchange! I will never trade in this exchange because I don't believe, even they can steal user's money and then announce hacker hacked everything! We really don't know about it.

[yecats]

I'll go for  the known , trusted  and  many  of the members  using  today is  Binance    because  Binance  is  one the most  popular  crypto currency  exchanges  worldwide and it offers  low trading  fee.

[Reid]

Where is poloniex?

That is one also of the longest running trading platform. Although I do not like how they are managing their customer service, they are still trustworthy when it comes to payment fees and also speed.

Mostly before, trading platforms have 100k sats withdrawal fees and poloniex is just the with a 50k sats fees.

[Timmzzy]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

When I started trading my own platform was bittrex which was the most recommended when it comes to security reasons back when binance was coming up it got lots of hacking threats all round. But in my own pick I will go for binance and bittrex the rest I can't really speak for.

[BaraxLo]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I agree with the one mentioned in the beginning that is recommended strongly known as Binance exchange which is highly rated and people around the world love it very much due to several facilities it has for us. As we have Human nature always go for easy ways and shortcuts do the same here among many exchanges we choose it due to its simple use and large volume availability is adding more to it.

[prtty2gal2]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

Binance is the most trusted and popular excahnge at this time number one people choice because they gives better services. I also recommend the newly and realable platform exchange with full security feature nexybit trading  platform.

Among all the world class crypto exchanges we have few exchanges which are highly rated and best recommended due to the user friendly services. As a human being we always go for easy works as if there is a simple way that can help you out with the same result that is from other difficult way then we choose the easy way. Here Binance and Bittrex are the two highly rated exchanges which are simple in use and several other features are making it our first choice.

[Domicbora]

If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I just came across a comment saying that we shouldn’t have different exchangers and that everyone should be trading only on one exchanger. Well, that’s not going to be possible, everyone is entitled to making their own choice. We can’t have only one exchanger, there supposed to be different exchangers and they are not going to be offering same services like the other just like the op stated that Bitfinex doesn’t have much coins available, but there will be something good about them, a way that they are beating others. So it’s left for you to choose what you like.

[herfie.chen]

I have tried many exchange platforms, in my opinion only Binance is the best exchange platform. It's easy to trade and have a high volume transaction.