Best exchange to start trading?

[2girls]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

In those Exchanges which have an option of mandatory KYC that has been great because their security system is almost that fine enough. But the exchanges which have not that much KYC options available that has been on a greater risk.

Binance would be on the top as regarding the matter of its trading in how much ways we can trade their and also the users which are getting their profit through the Binance trading are very lucky if they really have fund.

[SOKO-DEKE]

Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.

I don't really know how long you have waited for the bull run and you are tired of not being able to wait any longer,and you want to start trading. It is a good idea to always find ways to generate income, but the truth is that trading is risky, especially for those who don't have good knowledge about trading. If you want to trade and you want to be successful, you have to have deep knowledge about trading. In fact, even those who have good knowledge about trading  sometimes also lost funds in trading despite their knowledge. It is not that I am discouraging you, but if you know you don't have good knowledge about trading, don't try it; if you do you will easily lose your money trading. So I will just ask you to keep your patience and continue waiting for the bull run that you can be using this period to learn more about trading.so be successful in cryptocurrency industry someone don't need to be desperate much of making profit if not it will lose everything. 

I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.

I don't know how much you have in your wallet, if not, I will say 200 dollars is a lot to start trading for the first time, especially knowing that you are planning to trade altcoins. If possible, I will like you to reduce the amount and see what happens for the first, and from there, you can start increasing the capital if you see that you are improving.

[taufik123]

In those Exchanges which have an option of mandatory KYC that has been great because their security system is almost that fine enough. But the exchanges which have not that much KYC options available that has been on a greater risk.

No one guarantees an Exchange with KYC Mandatory provides a good security system.
Seeing how FTX ended up requiring KYC but in the end they were just fraudulent Exchanges, all exchanges have risks

Binance would be on the top as regarding the matter of its trading in how much ways we can trade their and also the users which are getting their profit through the Binance trading are very lucky if they really have fund.

I am also a Binance user, and even I was an early user before it became popular as it is now.
Binance has many features and I use Binance P2P a lot.
But about the advantages of trading, it has to do with how well you know the science of trading.

Even though you have funds but are not good enough at the science of trading, it cannot give you profits.

[ancafe]

Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.

If you mention two altcoins that you want to trade then it will be easy for others to try to discuss them further, so that you have some input to take on those coins because there are so many altcoins that you need to mention them. Good luck with your your big wish in altcoins, but believe me it will be difficult if you don't have the right trading skills.

I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.

To take a step towards long term investment altcoins only trade at the right moment due to their volatile nature, quickly change and disappear in the market. But if you are able to carry out a sharp analysis of the journey, maybe this step will be a good start for converting to bitcoin after making profits in altcoins.

Exchanges are not the best but rather alternatives for us to trade and don't forget to choose one that has a reputation so that trading is much safer. Stay alert and don't store a lot of assets in it because the exchange is not a safe place to store assets especially for the long term.

[Tigerheart3026]

binance and kucoin are best exchanges to trading, high liquidity and lots of users in those exchanges i like to trade specially both of exchange, but remember that both of require kyc process to start trade there, i traded many small exchanges but i didn't big trade their lack of security.

[Mate2237]

$200 is nice start of trading but as a beginner you can still low the amount because that $200 is also big amount for a starter. But investing is not something you will rush it. You have to give it some time to grow and if you rush it you might run into lost. And if you want to trade because of the delay of the bull market of the investment then you might lost everything you have therefore I advise you to be patient and see what will happen in the nearest future of the investment.

But if you must trade it you mind, you are free

[ItsCrafty]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

He is asking which is the best exchange for tradin so we have to tell him that Binance is also a great exchange because I have first started my trading in binance because it is very easy and the method of guidance is also given very easily, its videos are also very easily available on YouTube or other social media, from which one can learn easily and that is the best exchange of tradin It is easy to up trade, can buy and sell, it is not so complicated whether they do it in a laptop or in an Android mobile, they can do it easily and in addition to other competitors  they are exchanges, they are what they are. First of all, you will learn about it i have Been using for many years

[Oshosondy]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

He is asking which is the best exchange for tradin so we have to tell him that Binance is also a great exchange because I have first started my trading in binance because it is very easy and the method of guidance is also given very easily, its videos are also very easily available on YouTube or other social media, from which one can learn easily and that is the best exchange of tradin It is easy to up trade, can buy and sell, it is not so complicated whether they do it in a laptop or in an Android mobile, they can do it easily and in addition to other competitors  they are exchanges, they are what they are. First of all, you will learn about it i have Been using for many years

If you want to have low trading fee, go for MEXC. If you want to collateralize your unstable coins, go for Bybit. I have used Kucoin, BitMart and OKX before, they are all good.

Binance is also a good exchange. It was my third exchange and I am still using it. You can collateralize many stable coins like USDT, USDC, TUSD. And also collateral three unstable coins which are bitcoin, ether and ripple.

[shushu9977]

Last 10 days are really good for trader. Because all of coins with btc which is almost following the crypto market are pumping and it is profitable for us. I am suggest two trusted and popular exchange. Firstly I suggest for binance and secondly I suggest for kucoin. I love both two site to buy and sell crypto.

[Bushdark]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

There are so many exchanges we can use to trade different crypto portfolio in the market. Although some of them are restricted to some regions so we need to make sure that we use an exchange that support our region so it can enable us to trade in the market and make profits if we can. We have exchanges like Binance, Kucoin etc we can use to trade and make money from trading.
We also have decentralized exchanges we can trade on that do not require us to drop KYC verification.

[borovichok]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

Feedbacks are important and necessary. I propose Binance and Kucoin as the safest exchanges right now, but there is no distress that will change the market's exact status. Trading is as simple as we think; we just have to do what's proper and ensure we have a good possibility of making enormously from our market investments.nLook for a well-known exchange and, more significantly, an exchange that has fulfilled vital functions in the lives of top whales and crypto projects; these are the proofs required to implement the recommendations you make.

[Kelward]

What coins are you buying? Majot exchange list only good projects on Binance and Kucoin, but if you also trading other unknown coins these are usually present on mexc exchange. Id like to use this they dont need to engage with KYC and Ive been using that eversince. Well for major coins its alwsys Binance on the top of the list as it have huge volume and very user friendly exchange.

My start off point is always Binance, because there you can get a list of good and reliable coins, I'm not so comfortable with any coins that's not on it. There are other reliable exchanges like kucoin, that you also talked about, so he can start his research of finding a suitable exchange from the two. I'll also take your advice on trading unknown coins in an exchange like mexc, this is because I only do top altcoins.

[Abu-Naim]

binance and kucoin are best exchanges to trading, high liquidity and lots of users in those exchanges i like to trade specially both of exchange, but remember that both of require kyc process to start trade there, i traded many small exchanges but i didn't big trade their lack of security.

Yes, Binance and KuCoin have already made names for themselves and have already gained people's trust due to the service they render and their security. They are the best exchanges most people are using, but there are other exchanges that are also very good. Bybit, OKX, MEXC, and other centralized exchanges are also good and have similar features as Binance and KuCoin, just that people are avoiding KYC. That’s why they chose exchanges without KYC, which have fewer trading options and important features than Binance and KuCoin.

[Z_MBFM]

Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.

What is the best site for this in the UK?

I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.

I think Binance would be the best exchange if you want to use a centralized exchange because it is top position in all cases and has enough liquidity for all coins listed there. So you can buy and sell any coin instantly there without any hassle which you may not get in any other exchange. DEX is very good for high privacy and safe trading but compared to CEX the trading fee is very high so since you want to trade with only $200 DEX is not a problem. But if you are trading with thousands of dollars then it would be better to use DEX because there you will be in full control of your total funds and in CEX your funds are under the control of others so there is a lot of risk.

[MFahad]

I think Binance would be the best exchange if you want to use a centralized exchange because it is top position in all cases and has enough liquidity for all coins listed there. So you can buy and sell any coin instantly there without any hassle which you may not get in any other exchange. DEX is very good for high privacy and safe trading but compared to CEX the trading fee is very high so since you want to trade with only $200 DEX is not a problem. But if you are trading with thousands of dollars then it would be better to use DEX because there you will be in full control of your total funds and in CEX your funds are under the control of others so there is a lot of risk.

There is no doubt that Binance is a good exchange, the biggest exchange among all exchanges. I have been using it for the last two years, but it is no longer reliable, People have been transferring their assets from this exchange to other exchanges ever since the EC dispute started with it. A recent $4.3 billion fine and CZ resignation as CEO have made the exchange even more risky. Centralized exchanges are by no means safe, but when an exchange has issues like this, holding your assets there can prove to be even more risky.

 However, we need some kind of exchange for our trading and buying and selling and we have to keep some money there, so I think ByBit can be the most reliable at this time, because there are currently no such problems and we should always keep our assets in a place that is free from problems.

[cafter]

There are many good exchanges with too many new cryptos listed daily, like binance, kucoin, etc.
I am also seeing many pumps upto 50%-100% on low cap coins, but after finding a good exchange make sure the coin you have invested have liquidity to get out after taking profit quickly.
and check price when clicking buy on market price, there incidents happens like you may bug that crypto for 10% higher price because of low liquidity.

[Nrcewker]

As recommended before, Binance is the best exchange in each and every aspects. It doesn’t matter whether you are an expert trader or a newbie who is going to start his trading venture. Binance is used by millions of people daily and one of the oldest exchanges. So you won’t regret joining Binance according to me. Moreover if you want to trade new coins which are launched in recent times, then Kucoin can be another option.

[Bushdark]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

There are so many exchanges we can use to trade and make profits from what we do in the market. We have exchanges like binance, bitget, OKX, Remitano etc that are more reliable when it comes to trading. If we are looking for an exchanges to use, we need to look at the religion and check what religions those exchanges do not support so that we don't waste our time registrating and noticing later that such exchange for not support the location that we reside in.

[so98nn]

The best exchange can not be defined on single factor or based on which coin you want to trade. There are many factors from volume to reputation to its validity in the country where they are getting hosted. For example if you have the two coins that are not listed on the UK based exchange but you still want to trade it however you find it on the US based exchange then there is little risk here. For example, the regulations in the UK and USA might not be the same. Going further US based exchanges are always at risk of getting banned. They already have lot of strict regulations which makes exchanges make mistake while operating their business. We have seen powerful exchanges going down due to this. Its better choose an exchange that is doing well locally in all the respects: rules, regulations with proper licenses, volume etc. However, do not fall for coin then search for exchange.

[Aanuoluwatofunmi]

Exchanges are exchange and there's nothing that can change them from what their true nature is, the developers may vary from each other but their main constituents still remains as being an exchange, so when we are trading in anyone of them, all we should focus on is their level of trust and adoption with global recognition and reputation they have, we should know that we are to do our own research about them and ensure we have what we want to see in them and should use only the amount that can be left on risk for trading on exchanges.