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Author Topic: Exchanges for newbies. Does it exist?  (Read 1036 times)
bitgolden
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June 12, 2019, 11:46:14 AM
 #101

Why would exchanges only make themselves available for professionals? Almost every exchange now caters to both classes. If you see Bittrex and Binance for example, they even have a basic version and an advanced version. Basic is for newbies I guess, advanced is for those with experience and who know how to use all the charts and additional information.
I totally do not see anything wrong in that, there is always class in everything and it what the system automatically requires, it is just like you saying they should keep basic 1 student and basic 6 student in the same class simply because we call it school. It will be impossible for a basic 1 student to understand what is being done in basic 6 because their brain will not be able too comprehend it.

This is the same thing that happens in in the trading market too, we have newbie and we have pro, when it comes to chart, we generally have simple chart and advanced chart, advanced chart will be too much for a newbie to comprehend, so it is very necessary they make it easy for them by differentiating it.

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June 27, 2019, 12:51:26 PM
 #102

Quick research will show you various reviews or tops on your matter. For example, this article from BestBitcoinExchange, https://www.bestbitcoinexchange.net/for-beginners/, highlights such well-known websites like Coinbase, CEX, and Coinmama. And I'd agree with such a list. Earlier I used Coinbase and Coinmama when I was a newbie, and then switched to CEX. I chose CEX as it allows buying cryptos like XML with USD (https://cex.io/xlm-usd) or EUR. And I liked its interface, it is friendly enough and comprehensible. So, I decided to stick to it. And I hope this info will help you somehow.
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June 27, 2019, 07:42:10 PM
 #103

Why would exchanges only make themselves available for professionals? Almost every exchange now caters to both classes. If you see Bittrex and Binance for example, they even have a basic version and an advanced version. Basic is for newbies I guess, advanced is for those with experience and who know how to use all the charts and additional information.
I totally do not see anything wrong in that, there is always class in everything and it what the system automatically requires, it is just like you saying they should keep basic 1 student and basic 6 student in the same class simply because we call it school. It will be impossible for a basic 1 student to understand what is being done in basic 6 because their brain will not be able too comprehend it.

This is the same thing that happens in in the trading market too, we have newbie and we have pro, when it comes to chart, we generally have simple chart and advanced chart, advanced chart will be too much for a newbie to comprehend, so it is very necessary they make it easy for them by differentiating it.
This is how they do differ and its already a standard thing for exchangers to have these options because not all do start to be a pro.
They do need to cater all the things which signifies that this is a good platform to trade on yet it do adjust on what you do need.

R


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June 27, 2019, 09:49:33 PM
 #104

Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u
Specially for newbies there are no exchanges and it would be strange if they existed  Grin. But there are exchanges where you can quickly and easily figure it out. In my opinion one of the most convenient is Binance. Also quite comfortable is the Poloniex. The interfaces on these exchanges are friendly, so it’s easy for you to understand what you have to do. In general, everything is quite simple. You need to enter the real exchange site (beware of phishing sites), create an account, go through verification and be sure to enable two-factor authentication. After that, you can transfer a small amount of money for practice. Before you transfer money to your account, make sure that you use the address for the currency that you transfer, and also pay attention to the fact that there is a minimum amount of transfer. Don't transfer the amount less than the specified.
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June 27, 2019, 10:02:49 PM
 #105

Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u

I think all exchanges site is allow you to used no matter you're newbie or whatever, as long as you understand how the market goes on. And before buying any sort of token or alts, you should make a research to its history to make you able to know how its value goes,to determine its all time high and its very low value.

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June 30, 2019, 06:59:58 AM
 #106

There's a lot exchange platform that you can use, for a newbie you should learn first how to trade. For exchange platform i sugget you to use Binance, its simple, user friendly and a lot of trader using this platform.
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June 30, 2019, 07:15:48 AM
 #107

Binance you can see there newbie and expert trader this exchange is open for the people who are willing to trade like you.
Careful in choosing exchanger because they have exchanger who scam and they want to get only your KYC so if you picking choose the best exchanges and that is Binance and even you asking each of everyone about this exchange they will recommend to you.
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June 30, 2019, 07:57:35 AM
 #108

Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u
There is no such thing as exchange for newbies you could just use the trusted exchanges .
But if you are asking for a site that you could use to enhance your trading skills before risking your money then try to search for a simulator it is the best for newbies.

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June 30, 2019, 08:12:15 AM
 #109

I know this problem,it is why I propose trading directly on my sites.
I can not assume a general exchange or trading platform.
It is why I allow only with the earning earned on my sites.

Exception will be made for BCRM holders allowed to depose few $cents to give more trade possibilities.

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