How to start trading on the crypto exchange?

[william_mathews]

It’s simple and easy to start trading on crypto exchanges.

Before you start, decide which exchange platform you want to use.

Here are some popular ones: Binance, Kraken, and Coinbase.

1. Create an account on the exchange by providing your basic details and completing the KYC process.
2. Link your bank account/card details to the account. But before that, take a tutorial of the exchange platform.
3. Once your account is linked, you can purchase the cryptos you prefer.
4. You can also opt for the P2P trading option to negotiate and buy cryptos at your convenience.

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[zanezane]

Beginners should only use a small amount of money for trading, you should not put all your money into risk especially if you don't have good knowledge and experience yet because for sure at the end you will end up out of money. Before asking where to start crypto trading or what exchange needs to start trading, better to start gaining knowledge first, researching, watching videos tutorials and demo trading is a must before trading.

I would agree with you about starting with small amounts of money but I don't think that going real low is of your best interest because there should be a considerable amount so you can stay much longer in the platform and can make more money out of it. I agree with watching tutorials and doing a demo trading first because it helps a lot that you can practice trading.

[boumalo]

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

What did you end up doing ?

[sr32703]

Crypto market is to much volatile market so before starting trade you must capable of taking loss and risk. After that you must have acquired knowledge about crypto trading and also have back up money for avoiding losses.

[Quidat]

Crypto market is to much volatile market so before starting trade you must capable of taking loss and risk. After that you must have acquired knowledge about crypto trading and also have back up money for avoiding losses.

You should dive in into the market with proper knowledge and awareness even though when you are just still newbie but still there are various
resources which you can make use and be helpful into your trading career. You wont really be getting it on few tries which is normal.
Try to familiarize everything from terminologies and those indicators if you are really serious on learning trading.
Google is your friend if theres something you don't know and you get confused about.

[Fivestar4everMVP]

First, which exchange are you interested to start trading on? Is it binance, kucoin, gate, coinbase? There are several good exchanges to trade your favorite crypto coin or token on if it's of course listed on that exchange.
How to start trading on an exchange, first register an account on the exchange, remember to use a really tight password and also a different one from your social or email accounts.
Secondly, activate 2fa with Google authenticator on your account for extra security, with this feature turned on, even if hackers were able to guess your password, they will still need your phone to be able to access your account(most big exchange don't allow withdrawal of funds from account with 2fa turned off).
Third, get verified if you plan to trade in big amounts, this will help you not to encounter problems during withdrawals.
And lastly, deposit funds to your account and start trading.

[LUCKMCFLY]

before start trading in crypto market or wherever better to trade using demo account that usually provided in forex broker. if we are not ready and have no skill in trading , our money will easly lose in market. to avoid it please prepare our skill and experinece so we will get best result . dont ever speculate with money , it this pandemic situation we earn it hardly.

I totally agree with your opinion, demo accounts not only serve to test the strategies and plans you have for trading, you also learn to use all the tools of the Exchange, because in trading sometimes you need to have a quick reaction when the El The market is against you and you can get a lot of help when you know each Exchange tool, you can even learn to manage well the balance you have available, because the demo account gives a relatively high balance to see how much you profit or not, that gives an idea of how ready the trader is for real trading.

[mckinleeanael07]

learn the basics before entering the trade, you can trade with a small amount of money at first and then increase it gradually, please follow the trading principles and learn the trading experts, good luck success.

[LimLims]

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

First choose the right exchange.
Binance can be an ideal one at this point.
Do KYC and buy your first Crypto.
If you have paid signals then buy according to it else go to twitter and accordingly buy the coin.
Then hold the coin until it gets profit.
Then sell and enjoy quick profit.

[XUNing]

To start trading cryptocurrency, you must first understand the basics of cryptocurrency. Choose the currency of the transaction, whether it is Bitcoin or altcoin, and conduct technical and market analysis on it. Learn how to read trading icons and analyze market conditions, and when is it suitable for trading.
Also as a newbie in the crypto market, I will choose the safer Bitcoin, which has been around for a long time and has strong technical support. There are also some regions and countries that use Bitcoin, and the recognition of Bitcoin is also conducive to the increase in value.

[Caldear]

Before trading, understand the basics of cryptocurrency and analyze market prices.
Learn to analyze trading trends and use various indicators to analyze the best time to invest, reduce the risk of loss.
Choose a safer exchange to buy and sell currencies is also very important.

[breathlessz]

before start trading in crypto market or wherever better to trade using demo account that usually provided in forex broker. if we are not ready and have no skill in trading , our money will easly lose in market. to avoid it please prepare our skill and experinece so we will get best result . dont ever speculate with money , it this pandemic situation we earn it hardly.

I totally agree with your opinion, demo accounts not only serve to test the strategies and plans you have for trading, you also learn to use all the tools of the Exchange, because in trading sometimes you need to have a quick reaction when the El The market is against you and you can get a lot of help when you know each Exchange tool, you can even learn to manage well the balance you have available, because the demo account gives a relatively high balance to see how much you profit or not, that gives an idea of how ready the trader is for real trading.

but when we are proficient with testing our strategy in demo trading, don't let us be too confident, because in real trading it will be different. the thing that has the biggest influence is trading psychology, maybe we always succeed in demo trading, but it will be difficult in real trading, and this is what is often called psychological pressure, which is the thing that most determines trading success

[rosebrand]

Trading is not what you should jump into in a haste, to be a successful trader a good knowledge and skill is required, so you  should first of all learn about trading, then after acquiring enough knowledge you can checkout for an exchange which will be suitable for you, tho binance is more preferable because it got a fair user interface which means it's very easy to use and very popular with a good security system.