What are the things to be considered when choosing the appropriate exchange for

[playboy654]

Choosing the best exchanges will always depends on which type of investment and which currency are taken that we have to invest this will made the changes to be selected by us and a lots of different sites suitable for different kinds will available but using them is very important for the future.

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[ricardobs]

The first thing you should look for in any exchange is the security of the exchange, do a research to see the review of those who have used the exchange already, so that you can know their experience and see if it's worth taking the risk or not.

You should also check if an exchange is user friendly before thinking of trading with them so that you can get a good user feel when ever you are making use of the platform.

[semobo]

The first thing you should look for in any exchange is the security of the exchange, do a research to see the review of those who have used the exchange already, so that you can know their experience and see if it's worth taking the risk or not.

You should also check if an exchange is user friendly before thinking of trading with them so that you can get a good user feel when ever you are making use of the platform.

Just pick an exchange what most of the people were using when you have no idea about what to pick,in my opinion Binance will be the best option for you.

But trading can be risky job and can lose your capital so learn the basics of trading and the start doing it.

[coinplus]

I believe that exchanges "history" plays a big part. Most of the exchanges are quite brand new when considering financial world. There are banks that have been around for decades even centuries that exist today so when you consider binance as the best exchange you are listing an exchange that is what? 2 years old ? Not even ? So, always look for the history and check how long they have existed and try to find the oldest reliable one with least complaints and issues.

Coinbase and poloniex for example is not loved by many people but they have been around for a long time without big issues, binance is a great one but it is new however even though it is new it has been through a lot of troubles that they bared themselves without giving their customers any issues. History of an exchange makes up how great it is today.

[Moiyah]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Though coinbase is a good exchange, you shall consider the overall security on choosing an exchange. Here is the link where you can find guides on how to choose the right exchange for you.

Anyway, fees is also important. The lower the fees does an exchange has, the better. I've been using binance and coinbase from some quite now.

[rizkyhiw]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Binance is the best platform at this time with high volume so that it can be a bit of an advantage for you if you can manage everything in trading with a very large selection of coins, there are some who are very qualified, learn for yourself like looking at other websites because they provide more articles about trading globally, I do not recommend using an unclear exchange because it is very risky for the assets owned, I personally use Binance and coinbase, the level of security must be considered the most important.

[blackhawkeye1912]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

If you want to be safe in the exchange, you must check the coinmarketcap and look for the top 10 exchange for sure those exchange has a good volume in the market, and most traders there can play well over that platform.

[davinchi]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

If me personally, first i will look that exchange already work for long time or not, how was coin that listed in there, volume trading. Maybe old site can be pick because they might be already face any attack that came to them and can fix it.

Sometimes, I think using trading volume as selection method is quite a wrong approach because some of them end up hyping the volume of trade on their site though not all exchanges does that, it is also necessary not to completely rely on volume because some of them register shitcoins a lot and most of these big exchanges are where you find them.

But, I agree with you when it comes to years of experience and it is also good to know the exchange support system because the newbie will definitely have lots of issue using the exchange and make many mistakes, it would be more frustrating if there is no support system put in place to assist.

[Whosdaddy]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

As a newbie, Binance is still the best bet actually when it comes to trading and not only for newbie, virtually for everyone and looking at the way you sound, you still need to do more training before venturing into trading business.

Kindly go for proper tutorial, you could get some mentors around you that you can ask to train you or if you are a fast learner, you can learn from YouTube, most tutor will surely introduce you to most existing exchanges and also advice you on the best to choose because if you base it on self-research and review from here, you might end up not choosing the one that is right for you.

[whirlcoin]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

first of all you need some experience about choosing a exchange and it could be trustable also then you need to choose the exchange which will be suitable for your investment after this process everything is simple so the first and foremost thing is you need to pick the right.

[mrdeposit]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Not all exchanges are the same. We can divide them into : fiat to crypto and crypto to crypto. The coinbase you have heard about, belongs to fiat to crypto. So, you can get BTC or other ''bigger'' cryptocurrencies with fiat money in these exchanges. Then, in crypto to crypto exchanges you can use it to get other altcoins.

[Huskarls]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Actually a good deal of exchange for now. Try to visit: https://coinmarketcap.com/rankings/exchanges/

Binance, Bittrex is a pretty good exchange in my opinion, ranking does not always provide sufficiently complete information but at the least it can make us look for coins that are not in other exchanges

[erickkyut]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Actually a good deal of exchange for now. Try to visit: https://coinmarketcap.com/rankings/exchanges/

Binance, Bittrex is a pretty good exchange in my opinion, ranking does not always provide sufficiently complete information but at the least it can make us look for coins that are not in other exchanges

Those are also my Top 2 exchange, Binance and Bittrex. I felt that my coins are secured with them but still, we need to have our own hard wallets because nothing is more secured than it. Going back on the question, the things which I consider on choosing an exchange are security and availability of the support group of the site.

[umbara ardian]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Actually a good deal of exchange for now. Try to visit: https://coinmarketcap.com/rankings/exchanges/

Binance, Bittrex is a pretty good exchange in my opinion, ranking does not always provide sufficiently complete information but at the least it can make us look for coins that are not in other exchanges

Those are also my Top 2 exchange, Binance and Bittrex. I felt that my coins are secured with them but still, we need to have our own hard wallets because nothing is more secured than it. Going back on the question, the things which I consider on choosing an exchange are security and availability of the support group of the site.

all places of exchange have their respective weak points and it all becomes a risk to all traders so that to be better then you must remain cautious when in exchange and do not keep assets too long in exchange because the risk is too high.

[Thanasis]

Look for what coin you are going to trade.

Pick the best exchange based on the price and trade volume from CMC.

Just read the reviews of that selected exchange before depositing any money.

If there is no negative review then it is good for you to start.

[Supercrypt]

all places of exchange have their respective weak points and it all becomes a risk to all traders so that to be better then you must remain cautious when in exchange and do not keep assets too long in exchange because the risk is too high.

Well said mate, do you then advice to trade with different exchanges because I think it is not possible not to keep you coin in an exchange for long for long term traders, we understand the long term investors that are strictly holding their coin for long term, those ones can decide to pull their coins/token to either a pc wallet or phone wallet away from exchange wallets but for a full time trader, how do you then manage this since you will constantly be trading using the available platform on that exchange on a daily basis for a long time.

[Noa_Amable]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

for now I would recommend you to use a pair of exchange + safe wallet.
You can use a safe licensed exchange for trading, that would be a good thing.
and the same for exchange - use a protected one like imtoken, jaxx or mew.

[Question123]

Ofcourse you need to consider the security of the exchanges site or the wallet if they have secure and have good development.
Securing the exchanges site makes you secure too because you cannot be worry that your token or coins are gone.
Im looking also of the features of it if they have good features and everything about I consider it so I can make a decision where I trade that's I do before.

[proTECH77]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

Though coinbase is a good exchange, you shall consider the overall security on choosing an exchange. Here is the link where you can find guides on how to choose the right exchange for you.

Anyway, fees is also important. The lower the fees does an exchange has, the better. I've been using binance and coinbase from some quite now.

If there is any thing to go by, Coinbase is not a good exchange at the moment but we prefer Binance for OP. My experience with Coinbase recently were the had to blocked my account because of what i wasn't told to do. Though have put it behind, Binance has all you need to start trading as a newbie but be mindful of what you trade with ie. the amount should be such you can afford to loose. 

[ricardobs]

I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.

I think what you should care more about before thinking of trading on an exchange is to check about the security of your coin on the exchange, because we have heard of how many exchanges being hacked and a lot of user funds stolen, I think you don't want that to be your experience, another thing you should check is the volume of the exchange, exchange with large volumes are very difficult to manipulate because it would cause a lot of money to that.