What is the best cryptocurrency exchange for beginners

[FanEagle]

There cannot be any big differences for beginners from rest of crypto people hence all the best exchanges are good to go with even in the beginning days. I have not come across an exchange which is built for beginners of crypto space. All the exchanges are being built for traders and the features are usually focusing the ease-to-use for a trader's perspective.

Moreover, there cannot be any safe-heaven like exchange which will never let you commit a mistake because you are just a beginner in the crypto space. You must feel your responsibilities when you are touching a crypto exchange. If you feel that you are not having enough experience for an exchange then you must wait until you gain knowledge and experiences.

All I mean, there cannot a newbie-friendly exchange for problem-free trading or built by having newbies in mind. When you come to trading, your experience is least bothered.

[posi]

All exchange is the best for beginner but they have know first which one market support to withdraw bank account, usually each country have local exchange where support for deposit and withdraw your asset to bank. Looking for bigger chance like trade with many altcoin choose you can check with Binance, huobi, Bitmex, Bittrex and poloniex, there are still have many exchange still not mention here. For the easy how to trade with exchange you can check first on coinmarket cap looking for which one your coin favorite listing and check where is the exchange have higher volume transaction for selling your coin.

The last time i checked it not all cryptocurrency exchange that is good for beginners because there are not exchange that provided tips and how to make a successful trade for every new user while some have crypto academy features where newbies can learn before trading.

[oliviarobert]

The first thing you should keep in mind when it comes to exchanges is its security, liquidity, elegant interface and good support system. I can suggest that one of the best cryptocurrency exchange is binance.

Binance is an exchange of cryptocurrencies that provides a platform for trading different cryptocurrencies. The exchange fee is really competitive, smooth and fast, compared to other existing major exchanges. Binance has gained a lot of popularity in a short period of time and is is because of the low and competitive exchange fees.

[Na0m1]

The first thing you should keep in mind when it comes to exchanges is its security, liquidity, elegant interface and good support system. I can suggest that one of the best cryptocurrency exchange is binance.

Binance is an exchange of cryptocurrencies that provides a platform for trading different cryptocurrencies. The exchange fee is really competitive, smooth and fast, compared to other existing major exchanges. Binance has gained a lot of popularity in a short period of time and is is because of the low and competitive exchange fees.

You have noticed correctly and the qualities you have voiced are very important, not only for beginners. On my own, I would add more reliability, since any user or trader trusts the platform with their money. I think no one wants to repeat the story of mt.Gox and the like. Also, I want to add that any beginner needs to make his own choice after looking at the various cryptocurrency exchanges. Try on your own experience several platforms and choose the one that you like best. For example, beginners can read the reviews here: https://cryptototem.com/binance-review/. This will reduce the time spent looking for best crypto exchange and cut off the unsuitable ones at an early stage.

[beerlover]

If you are newbie and you want to deal with regular btc/usdt type of deals I would suggest coinbase and kraken they are very known and they are very good at what they are doing as well, you would be at very safe hands when using them. Obviously if you are not capable of doing USD deposits and from another nation that has trouble with swift type of deals that would mean you have to pick something from your own nation and we can't suggest any about that.

However if you want bitcoin versus alts as a newbie that is definitely binance without a doubt. I do not agree with people saying everyone should pick the ones they like and all, binance is a great gateway to start and after that you could change however you want. Uniswap on the other hand is getting very famous for DEX reasons and if you are newbie that can understand that, it could be potentially very great for you as well.

[MCobian]

It is very important for newbies to choose the best cryptocurrency exchanges, because using the best cryptocurrency exchanges will
make it easier when trading. There are many things that must be considered when we define cryptocurrency exchanges, including
security, reputations, volume, popularity, trading features, easy to use and fees. And of all the criteria I mentioned Binance exchange
meets these criteria and is very suitable for use trading by newbies.

[jaresmerel001]

There are different pros and cons of exchange, so the best exchange, so the best exchange for one person may not be the best for another, for quite some time now, I have used and trusted this exchange and it has not failed me. Kucoin is one of its generation's growing crypto currency exchanges, offering various platforms and activities that we will surely enjoy. It's a must try swap for cryptocurrency.

[kramchers]

As a newbie of course, you will use the platform exchange where you know to yourself that you comfortable to use it, even you knew that your knowledge and idea is not yet enough for a beginners. But of course, it is still need to study and gain a lot of idea about in crypto trading. And it is also still to begin with the exchange that are listed on top in the market of course.

[peterpanda]

As a newbie of course, you will use the platform exchange where you know to yourself that you comfortable to use it, even you knew that your knowledge and idea is not yet enough for a beginners. But of course, it is still need to study and gain a lot of idea about in crypto trading. And it is also still to begin with the exchange that are listed on top in the market of course.

I think Binance will be good option to trade as beginner. The fees on binance is not so high and it is user friendly. Besides, there is strong security system.

[CryptopreneurBrainboss]

All exchange is the best for beginner but they have know first which one market support to withdraw bank account, usually each country have local exchange where support for deposit and withdraw your asset to bank.

Although when the issues of best exchanges are been debated, we can go on and on to list the exchange of our preference but the user in position to make this decision choices and needs should always be considered fast as it's necessary what he/she intend using the exchange for that actually matter and not all the features we speak about.

Nevertheless what you highlighted above shouldn't be more in the discussion unless the OP has interested in withdrawing his profit directing to his/her local currency account. In that case they have to look towards local exchanges and not much of the global exchanges but when the exchange are fixed at global exchanges for trading purpose than users friendly interphase, easy communication via customer service and security has to become the first priority over other features

[Oneandpure]

All exchange is good for beg8nner and proffesional trader because almost exchange have the same price and bot have different coin price from one exchange to other exchange. Before choosing an exchange for trading you should know does available to witdraw fund to yoir bank account or not. Many exchnage market global is not support withdraw to your bank and you need looking for another exchange market to withdraw your fund to be cash money. Binance last moment available withdraw fund to our bank but last several week have suspend for witjdrawing and wr can't withdraw to bank now.

[Ryker1]

Well, -- if you want to look for the best exchange, then you have to consider the keypoints of choosing one. Reputation and Security are the two things you must consider choosing. There is a lot of exchanges right there, couldn't name them but I can assure you, consider the two keypoints and you'll find the best. I myself only consider exchanges that will let my autopilot. As long as security and reputation are strong I'm very good to go. I just consider exchange as my store of value. Doesn't look for high profits anyways. That's not how life works for me.

[CaVO32]

As a newbie of course, you will use the platform exchange where you know to yourself that you comfortable to use it, even you knew that your knowledge and idea is not yet enough for a beginners. But of course, it is still need to study and gain a lot of idea about in crypto trading. And it is also still to begin with the exchange that are listed on top in the market of course.

I think Binance will be good option to trade as beginner. The fees on binance is not so high and it is user friendly. Besides, there is strong security system.

What I noticed also with BNB is the price gap between sell/buy order is not so wide. Actually, very close. I think at the moment, Binance is one of the secure exchanges to deposit your funds because they have SAFU in place also. And if you look at their withdrawal fees, they are relatively cheaper than most. But still, it is up to the trader what features he's looking for and what coins he's going to trade with. Because some coins or tokens are not being traded with Binance.

[Sayeds56]

The simple conclusion is – the best cryptocurrency exchange for a beginner is a service that lets you easily choose the best options and see the full picture.

This is a bad conclusion, I got it from the link you posted up there. The first thing to consider while choosing an exchange is the security, no matter the best option or the full picture of an exchange you noticed, if it is not secure, the exchange will not last for long. Then, the second can be the ease of use. Also in the link or site, there is no single exchange that was mentioned. The best exchanges I have used are hodlhodl and bsiq, but I have used binance also during complex trading types, especially for future trading orders.

As far security is concerned Binance is my first choice. There is no competitor of Binance in crypto space when we talk about daily volumes and liquidity. Also Look at  number of alt coins listed on binance.

[CryptopreneurBrainboss]

In the light of the recent exchange hacks and data breach, I would suggest that beginners use trustworthy exchanges only to make their trades especially the less controversy ones like Binance and ftx.

If you're basing your judgement on hacked exchange, then Binance can't be mentioned as your best pick as they have been previously hacked just few months back although theirs didn't cause much of a panic in the community since they already had measures set up to help in situations like hack. They had (and probably still do have) an insurance policy to help when the exchange is in crises.

You can read more on the hack here; Hackers Stole $40 Million from Binance Cryptocurrency Exchange. This isn't some cheap shot to fud on Binance but when exchange capable of withstanding hacks are debated on, no centralized exchange should be the prefer choice as they're all vulnerable.

Decentralization exchange should come into mind instead and not those merely posing as dex when actually aren't. Those are the so called dex getting hacked because a typical dex shouldn't hold your funds.

[maydna]

As far security is concerned Binance is my first choice. There is no competitor of Binance in crypto space when we talk about daily volumes and liquidity. Also Look at  number of alt coins listed on binance.

Yes, I agree. Binance can be the choice for beginners. Binance has a big list of altcoin which he can choose to trade or to invest. But if you have a local exchange, then I suggest you try your local exchange because your local exchange should have an office to operate the exchange, and if something happens, you can easily contact your local exchange. You can also try to trade on Kucoin exchange, Poloniex, and Bittrex if you want to find another trading experience. But in Poloniex and Bittrex, you have to verify yourself by sending the document to them. In this matter, Binance will be the best choice for beginners because they can skip the verification process.

[KnightElite]

As far security is concerned Binance is my first choice. There is no competitor of Binance in crypto space when we talk about daily volumes and liquidity. Also Look at  number of alt coins listed on binance.

Yes, I agree. Binance can be the choice for beginners. Binance has a big list of altcoin which he can choose to trade or to invest. But if you have a local exchange, then I suggest you try your local exchange because your local exchange should have an office to operate the exchange, and if something happens, you can easily contact your local exchange. You can also try to trade on Kucoin exchange, Poloniex, and Bittrex if you want to find another trading experience. But in Poloniex and Bittrex, you have to verify yourself by sending the document to them. In this matter, Binance will be the best choice for beginners because they can skip the verification process.

Choosing an exchange is a matter for those newbies in the market because our main goal first is to protect our funds and we can do it by choosing an exchange that have tight and good security. A good community is also a matter because in that way you can verify or get some information if the exchange is legit or not. The service of the exchange is also a factor because for sure to contact and solve the problems that we may experience. There are many poor exchanges out there who have poor services wherein your complain will take days or even weeks. When it come to verification then BINANCE is one of the best exchange that you could choose because you can deposit and withdraw their easily. OKEX is good when it comes to security but I do not like the KYC of OKEX wherein you are required to present a lot of papers in order to pass the KYC and move to the next level in terms of limit. 

[Ayiranorea]

For beginners it is good to go with Binance, because most of the trades get executed within minutes because of its increased volume. Also it is quite an easy thing to understand and create a buy/sell order. With almost every exchange the trading pattern is same. The difference is out of the volume and the execution. Also Binance provides with the best support compared to other cryptocurrency exchanges.

[farrellronald]

the most important thing for beginners must be security and the stability of the crypto currencies. this is money we are talking about. it is not a joke. peoples lives are put into this money.
beginners must try a cryptocurrency that is nor full of risk. also they should learn not to trust any one in this business since there are lots of scams here

[Lotus]

Pick something that's reliable, trusted enough (relative to how much you are investing), and provides the basic analytical tools you want in one place. You can of course use additional tools to help you make better informed decisions, but when you are just starting, it helps to keep things simple and in one place.