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Author Topic: Exchanges for newbies. Does it exist?  (Read 1038 times)
adzino
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June 05, 2019, 07:31:35 PM
 #81

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 are no specific exchanges that are made only for newbies. Instead you should be looking for an exchange that is secure, well known, trusted and has been in the market for a long time. Just join one of those exchange and learn how to use it by yourself. Most of the well known exchanges are easy to use and not that complicated. You can always go through their FAQ or contact their support (shitty support wouldn't deny) for further help.

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June 05, 2019, 11:59:01 PM
 #82

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 are no specific exchanges that are made only for newbies. Instead you should be looking for an exchange that is secure, well known, trusted and has been in the market for a long time. Just join one of those exchange and learn how to use it by yourself. Most of the well known exchanges are easy to use and not that complicated. You can always go through their FAQ or contact their support (shitty support wouldn't deny) for further help.
I agree with your opinion. Trustworthy exchanges are better than risking the money with unknown exchanges like bitebtc. My friend lost money there due to the arbitrage opportunities in the mentioned exchange. Before sending any amount to the exchange check the Trustpilot reviews or search with the search engines. There are free online sources for newbies learning the basics of crypto trading in the exchanges.

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June 06, 2019, 02:40:57 AM
 #83

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
Please make sure your transaction amount does not exceed $ 500. Because newbie always has a lot of problems and I don't want you all to print all your assets because of FOMO news. Investment is always risky and I hope you understand my statement.
Currently I am using Binance Exchange and Bilaxy to trade and make money daily there. Its interface is very easy to see and it is suitable for new people.

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June 06, 2019, 05:26:11 AM
 #84

Trading platforms are basically the same in structure and appearance. You need to read and learn a lot in this direction and do not recommend trading large amounts, start with soap sums and gradually see the result.
Exchanges are the same for all including all the leading exchanges which are open for all either newbie or professionals, both can use the crypto exchanges. However, for newbies there are user guides and manuals to learn. A step-by-step guide is available on the search engines but you need to be good at finding the right guides. For newbies professionals are providing mentorship through YouTube videos.

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June 06, 2019, 12:18:07 PM
 #85

If you already have to trade, you should choose with a large volume and a sufficient number of crypto-currency pairs, such as binance or bittrex, if you exchange Fiat money for cryptocurrencies for good commissions, then the site is perfect bestchange.net
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June 06, 2019, 01:32:27 PM
 #86

I don't think that their is exchange for newbies because you are expected to know how to  trade or someone will do the trading for you. However, when it comes to trade their is no newbies but you can be newbies on bitcointalk rank. Some that just started investing in crypto should seek more knowledge about all it takes.

Trusted exchanges are good for the beginners and for all traders. If you are a newbie, it does not mean that you need to use some special service. Deal with the reliable sites, and pay attention to the exchanges popular in your country.
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June 06, 2019, 02:05:25 PM
 #87

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
when you decide to trade, the exchange becomes vital. in calculations that exchange with good quality and reputation will make a person more comfortable in trading. it impacts our comfort when making a decision. this is what must be a comparison and indicator, make sure the exchange that we use is good and register a good rating in coinmarketcap.
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June 06, 2019, 09:33:38 PM
 #88

The best exchange for newbies right now is exchanges with demo trading. The feature allows  newbies to experiment with trading as much as they want without risking real money.  There are couple of exchanges with the feature... Try searching them on Google.

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June 07, 2019, 09:15:04 PM
 #89

I don't think that their is exchange for newbies because you are expected to know how to  trade or someone will do the trading for you. However, when it comes to trade their is no newbies but you can be newbies on bitcointalk rank. Some that just started investing in crypto should seek more knowledge about all it takes.
Every newbie can make an account on the already existing exchanges and there is no need for a separate account which would be recognized by the presence of newbies in crypto market. I think there is no need for a separate exchange as well because the purpose of an exchange is to provide facilities to the crypto users and that is already available on the current operating exchanges.
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June 10, 2019, 06:01:37 AM
 #90

The best exchange for newbies right now is exchanges with demo trading. The feature allows  newbies to experiment with trading as much as they want without risking real money.  There are couple of exchanges with the feature... Try searching them on Google.
  That sounds great. I never heard about the demo trading exchange. It will of course give the newbies an insight into how to trade and how to master the trading skills. I started trading coins few months ago and found it very tough and switched back to speculation. So if there is such an exchange that can enable the newbies prepare and then get into cryptocurrencies trading, they would be able to execute the learned lessons.
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June 10, 2019, 06:39:20 AM
 #91

I agree with you, it would be nice to visit the site above. Suggestion, you use binance exchange, because there are many coins listed there and very easy to use.
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June 10, 2019, 07:52:51 AM
 #92

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.

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June 10, 2019, 09:06:37 AM
 #93

The best exchange for newbies right now is exchanges with demo trading. The feature allows  newbies to experiment with trading as much as they want without risking real money.  There are couple of exchanges with the feature... Try searching them on Google.
  That sounds great. I never heard about the demo trading exchange. It will of course give the newbies an insight into how to trade and how to master the trading skills. I started trading coins few months ago and found it very tough and switched back to speculation. So if there is such an exchange that can enable the newbies prepare and then get into cryptocurrencies trading, they would be able to execute the learned lessons.
crypto exchanges platform totally different with forex platfrom that provide virtual account to users.so they could start with demo trading to traineed their skills before investing with real money.
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June 10, 2019, 10:10:07 AM
 #94

For safely trading it's better that you should join the top 5 exchanges so you can assure that your funds will not be frozen in case you will need it anytime.
https://coinmarketcap.com/exchanges/volume/24-hour/
You can follow that link and find the best exchange that you like especially those with smooth interface that you can easily trade.
As newbie on trading the first one should be important is the interface of particular exchanges, such as how they work, are x exchange is friendly user? easy to use? But as advice to newbies out there, you should also consider the trading volume, just like what BlackFor3st said.
You can use the given link above to also check which exchange has huge trading volume and that will lead you to choose a good exchange.

Since Binance is much popular now and has also a good volume, I can advice to also use this exchange since they have already mobile application while other exchange don't have. Try to browse this page of Binance Academy which has tutorial about trading and also about how to use the Binance Exchange : Tutorials | Binance Academy

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June 10, 2019, 01:26:15 PM
 #95

There is no such thing exist. Peeps said that top 5 exchanges are "safe" but once you trade there it's not what you may have imagined.
Just do more trade, at least once you fail, you will know what to do to not fall at the same hole. I mean, only sticking to the safe side might be dumb especially when you are experiencing issues like dump and shit.

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June 10, 2019, 02:04:49 PM
 #96

Some/most of the larger newbie-oriented exchange sites like Coinbase charge higher fees than their conventional crypto exchange counterparts like Coinbase Pro or Bitstamp. If you're a newbie it's just a better use of your time to familiarize yourself with the UIs of larger exchanges and just use those exchanges. It might take some time and you might not feel comfortable using every function and button on the exchange initially, but it'll be worth it.

For testing out sites, most exchanges allow you to either use a demo account to try things out or you can sign up for an account and just view the exchange you plan on using without depositing anything. I would highly suggest not trading until you fully understand how to fully utilize the exchange you've chosen to use.
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June 10, 2019, 04:03:09 PM
 #97

For sure, you should try trading on exchangers that provide training versions, so you can learn a lot about trading techniques and practices on the simulation menu before you start the actual trade.

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June 10, 2019, 06:47:49 PM
 #98

There is no such thing exist. Peeps said that top 5 exchanges are "safe" but once you trade there it's not what you may have imagined.
I do agree here. My exchange experience might be completely different from your exchange experience, especially when you dig into low value altcoins that I haven't played with.

Considering that most people purposely look for shitcoins, they are more likely going to face problems because of wallet maintenance and whatnot, and we have seen that withdrawals might not be allowed for weeks straight.

Nowadays we also have exchanges blocking accounts based on your withdrawals and usage activity. I may not run into a problem for years while a close friend of mine might have his account blocked the next day.

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June 10, 2019, 08:14:55 PM
 #99

Almost all exchanges offer basic and advanced trading, about margin trading don`t even think before you learn more about basic trading. Once you learn how to make an order you will see that everywhere process is the same, just interface is different.
Newbies, like newbies in everything, should start with small amounts, amount that you can afford to lose. It`s how you start with learning, how you find out about possible risks and gains.

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June 11, 2019, 09:29:17 AM
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There is no such thing exist. Peeps said that top 5 exchanges are "safe" but once you trade there it's not what you may have imagined.
Just do more trade, at least once you fail, you will know what to do to not fall at the same hole. I mean, only sticking to the safe side might be dumb especially when you are experiencing issues like dump and shit.
I think there are some good exchanges out there and you could easily register on the exchange and can trade and speculate etc. You do not need some particular exchange for newbies and this sounds a bit absurd as well. I heard about an exchange that can train the newbies for trading in the real crypto market and this is often recommended as well for gaining experience.
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