Best exchange for a new crypto investor? - page 4.

vuithoinha

newbie

Activity: 196

Merit: 0

Quote from: WillyZ on July 31, 2018, 04:08:20 AM

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

I am trading on Binance and Bittex. Both are pretty good. But I still like Binance, this is the largest trading platform in the world, the number of coin is also very much, you can freely choose.

krasheed11

newbie

Activity: 93

Merit: 0

As a beginner to crypto investment, the best exchange is Coinex.

Sanchezino40

newbie

Activity: 484

Merit: 0

Talking about exchange for Crypto investors is very important. Not all exchange are good to invest on. Some of the best exchange you can actually rely on are as follows
Binance
Bittrex
OKex
Etc.
These exchanges are good for investors to invest and leave for long time

Azima85

newbie

Activity: 97

Merit: 0

Many good ones, I suggest you start with Binance and Kucoin..both are very user friendly..after some time when you get used to the process..you can check other exchanges..there are tons of others anyways Cheesy

roshanfious

member

Activity: 263

Merit: 10

I strongly recommend Binance exchange and also you can pick up top 10 on CMC(CoinMarketCap). Have fun and keep safe!

DonaldHun

newbie

Activity: 112

Merit: 0

Try Huobi.pro. They have a solid foundation, have a great deal of trading volume and traders. In particular, they improve their reputation with performance and friendliness and new features. OTC is also their great direction. You can sell crypto and receive money in your card account.

boakyei

member

Activity: 358

Merit: 11

As a beginner to crypto investment, the best exchange is the one with liquidity and high security to safeguard your funds. I think Binance, Poloinex or Coinbase is good for a beginner to start crypto trading.

TheDarkRide

sr. member

Activity: 476

Merit: 250

Quote from: WillyZ on July 31, 2018, 04:08:20 AM

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

Binance and kucoin are the two exchange I recommend if you want to start trading. Both exchange is the best place for crypto traders till today. We can get almost everything as a trader on thise place.

Ctn

sr. member

Activity: 644

Merit: 259

Quote from: Mkmanik on July 31, 2018, 04:39:38 AM

Quote from: WillyZ on July 31, 2018, 04:08:20 AM

Where do you trade and what are your recommendations?

I am using only Binance for now. its good exchange site and the volume is huge also. you can use this site, the exchange site link is https://www.binance.com/ I am not sure as a newbie how you found this one. You can also use Kucoin exchange site. this coin adds new altcoin most of the time.kucoin exchange website link: https://www.kucoin.com/
If you have erc20 coins and not found the coin name on those site than use Forkdelta, here you can also use a smart contract address to do the trade. website link: https://forkdelta.github.io/

Thats all! Binance, Kucoin are the best currently. I guess everyone will do suggest you Binance because it is also the Top 1 exchanger by volume and the number of coins those are listed over it. I personally like it because my all coins are listed over there and also they receive good community response. Whenever new coin is listed over the binance then it is said that it hikes to upto 40% in its value because of the huge crowd response to such listings. You will understand all these things once you start trading over it. And also make a note that there is no such thing as new investors etc, because all are same in their core functions.

Vanester2014

member

Activity: 236

Merit: 10

Borderless for People, Frictionless for Banks

For me the best exchanger that is good for me even when im a newbie back then is coinexchange, poloniex, cryptopia and CCEX so far that four exchanger is the best exchanger for a newbie in trading because they are user friendly and very easy to use.

Shafiqul Islam

full member

Activity: 546

Merit: 100

burst.money

There are many trusted exchanges for new investors... marcatox,idex decentralised exchange,polyneix,hitbitc,and gate.io is a security based exchange for new investors.

WillyZ

copper member

Activity: 143

Merit: 1

Crypto24Radio.com ❤️

Thanks to everyone for their input

You have been really helpful.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: WillyZ on July 31, 2018, 04:08:20 AM

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

There are so many crypto exchanges today, some offer only crypto trading pairs for example BTC/ETH or BTC/LTC - for instance Binance have almost 250 such pairs so you can easy trade many altcoins for BTC and vice versa. But if you need to send money ( fiat ) to exchange to buy some cryptocurrency then you need to look for exchanges which offer fiat/crypto pairs, so pay attention to it. Also many exchanges requiring that you need be verified with your documents so that you could use them, and you will recognize it by KCY ( Know Your Customer ) and AML ( Anti-Money Laundering ) just by reading their TOS.

Some of most trusted ( oldest ) exchanges are : Bitstamp, Coinbase, Poloniex, Kraken and some others. Before using any exchange I suggest you to make a review of that exchange by simply use search engine with key words including "exchange+review".

Reid

hero member

Activity: 2912

Merit: 642

Same with the 1st who replied to you. Binance. It is the most popular nowadays and because of that the movement out there doesnt stop.
When you are a day trader that is all you need.
A fluctuation which never ends.
Although some of them are just bots it is helpful for you can make profit out of it.

karungbitcoin

full member

Activity: 588

Merit: 100

If you just jump in to crypto trading, for better use only exchanges that has stop limit/ trigger order so you can use this function as stop loss. Because many trader include me make trade without using stop loss and finally iam loss more than 50% because i can not handle the price action of crypto in 24 hours aday. Good exchanges that has this function is Binance, Bittrex, Okex. But between 3 of these , Binance will be the best one because offer smaller trading fee and has higher daily trading volume.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: WillyZ on July 31, 2018, 04:08:20 AM

Where do you trade and what are your recommendations?

I am using only Binance for now. its good exchange site and the volume is huge also. you can use this site, the exchange site link is https://www.binance.com/ I am not sure as a newbie how you found this one. You can also use Kucoin exchange site. this coin adds new altcoin most of the time.kucoin exchange website link: https://www.kucoin.com/
If you have erc20 coins and not found the coin name on those site than use Forkdelta, here you can also use a smart contract address to do the trade. website link: https://forkdelta.github.io/

WillyZ

copper member

Activity: 143

Merit: 1

Crypto24Radio.com ❤️

Hey all!

I'm fairly new to the crypto world and was looking some info about exchanges and which ones might be the best for newcomers like me. I stumbled upon this podcast which seems helpful - http://cryptoandblockchaintalk.com/episode-11-crypto-exchanges-for-new-investors
But looking to hear your opinions as well. Where do you trade and what are your recommendations?

Thanks
Willy

Topic: Best exchange for a new crypto investor? - page 4. (Read 769 times)