Topic: Best exchange for beginner? - page 50. (Read 5560 times)
I was trading at Poloniex at for the first time I knew about cryptocurrencies. But, lately I'm trading at Bittrex and I like it because it's easy to use till now. I don't have any problem with Bittrex at the moment till now. So, Bittrex is my recommendation. Second, I am trading at Cryptopia. This is my second trading exchanger that I like. Third, I like Bitcoin.co.id because I can convert my crypto into my local currency (IDR). That's what I thought, just do the research and the choice is yours.
so easy and can be used as a study and then use my bittrex because there is a very complete and easy to learn for beginners to understand about trading.
Etherdelta is my favorite exchange.I recommend it bcos of friendly interface,low fees and huge variety of etherium tokens.Also you dont need verification to trade there.Sometimes it is offline but it can happen with any of cryptoexchanges.
I've started from Poloniex, and Bittrex. They are pretty easy to use. Now I added to my list Hitbtc, Liqui, Kukoin, Binance - they have a lot of "new" coins, plus Binance has huge volumes, and there is a big withdrawal limit without verification.
I feel easy to trade on hitbtc. But charger is high here. I would like to say it is a good exchanger for a new comers. Hopefully you can trade here smoothly.
I think the best place for a beginner is etherdelta. because very many ico coins are traded on etherdelta. you can start there. and hitbtc is also very good, but the exchange fee is quite expensive.
1. Cryptopia
2. Hitbtc
3. Yobit
4. coinExchange
2. Hitbtc
3. Yobit
4. coinExchange
Binance, Bittrex, Crpytopia are good exchanges. You need to have your countries local exchange account and later you can create accounts in other exchanges and transfer your coins to other exchanges.
I was away from crypto for years and now I'm trying to get back into the game. I was really STUNNED that there is no exchange, even after many years since bitcoin started, that we can just deposit USD and start exchanging altcoins. I hope I'm wrong because this would be the single biggest hurdle for altcoins to be widely adopted by general public. There are just too many hurdles to jump over just to START trading.
We are just the same, here in our country we could only buy bitcoin and then transfer to a certain exchange like Binance. You lost some amount of money during the process because of transaction fees.
I suggest going with exodus as your exchange thing. It is very reliable exchange to use right now even for a beginner. It has so many currencies to exchange with from btc, eth and to other more. It is also easy to use because of its software and platform. It is not like the other exchange that make you hassle and not reliable to use. This exchange is so reliable and not hassle to use as ur primary exchange.
basically you don't need big exchanges if you don't have already existing accounts with them or lost access. if you already have some coins then you can use aggregators like coinmonkey.io for trading, transfers are fast and you can choose best rate as such exchangers normally use several major exchanges for manading orders, it's like you have accounts with 5-6 exchanges and check which rate is best one. quite comfortable.
Coinbase is the best exchange for both beginners and advance traders. The security of funds is high ,and you can deposite and withdraw with fiat currency only if you get verified.
I like KuCoin and Coss. User-friendly interface, everything is clear. The support service answers quickly.
Found a nice article on news.bitcoin with the list of exchanges for beginners - https://news.bitcoin.com/bitcoin-beginners-cryptocurrency-exchange-use/
As for me, not all of them are perfect for newbies but those like Coinbase and Binance really worth it. At my end I would also add cex.io to the list - it's not demanding at first tier and quite easy to use.
You can check their review here as well - http://cryptohoo.com/cex-io-review/
As for me, not all of them are perfect for newbies but those like Coinbase and Binance really worth it. At my end I would also add cex.io to the list - it's not demanding at first tier and quite easy to use.
You can check their review here as well - http://cryptohoo.com/cex-io-review/
In 2016, most of the people love to use poloniex
In 2017, Bittrex is the best exchange for a newbie.
In 2018, I believe that binance is the most suitable exchange for new members cause they do not require a lot of information from you
In 2017, Bittrex is the best exchange for a newbie.
In 2018, I believe that binance is the most suitable exchange for new members cause they do not require a lot of information from you
That is a good summary, but I would say that for a beginner that does not want anything too sophisticated in terms of trading, cryptopia offers a no frills experience.
Crypto trading is risky, masternode mining is awesome, find a solid coin and HOLD!!!
I would definitely consider this coin, it has a niche market and had an amazing start!
Check out this new coin, already on exchange! ROI looks very good! Medical & Commercial Cryptocurrency with Masternode and Privacy!
https://bitcointalksearch.org/topic/ann-medic-coin-foldinghome-gpu-mining-masternode-coin-2753447
Do your own research, study your own investments Smiley and luck will come to you Smiley
The stats are taking from https://masternodes.online/currencies/MEDIC/
MEDIC DAILY INCOME (02/01/2018)
$1,177.6975
0.13773984 BTC
5465.8667 MEDIC
Although BTC price is low today but MEDIC MNs still have very good return.
I would definitely consider this coin, it has a niche market and had an amazing start!
Check out this new coin, already on exchange! ROI looks very good! Medical & Commercial Cryptocurrency with Masternode and Privacy!
https://bitcointalksearch.org/topic/ann-medic-coin-foldinghome-gpu-mining-masternode-coin-2753447
Do your own research, study your own investments Smiley and luck will come to you Smiley
The stats are taking from https://masternodes.online/currencies/MEDIC/
MEDIC DAILY INCOME (02/01/2018)
$1,177.6975
0.13773984 BTC
5465.8667 MEDIC
Although BTC price is low today but MEDIC MNs still have very good return.
Almost all the exchangers work in the same system. But I think Hitbtc is the best exchanger for beginner, it's easy to use and safe, Security so good.
I used a few more exchanger as well.
→ Cryptopia
→ Binance
→ YoBit
→ Etherdelta
I used a few more exchanger as well.
→ Cryptopia
→ Binance
→ YoBit
→ Etherdelta
For beginners, we must put direct them on a current reputable trading platforms.
Learning interface can be learned on the way as the principle is just the same.
HitBTC like any other platforms, are experiencing downsides recently (much more numbers) so I will not suggest this to a beginner. They didn't know the risks yet so better let's pinpoint them on much bigger exchange like Binance , Bittrex and Poloniex.
For me the best exchange is Bittrex. It's made simply and intellectually. There is a possibility to use stop los, easy currency search. Heard that the exchange plans to abandon USDT and open the pair to the dollar. About minuses. Some people have a problem with registration
Almost all the exchangers work in the same system. But I think Hitbtc is the best exchanger for beginner, it's easy to use and safe, Security so good.
I used a few more exchanger as well.
→ Cryptopia
→ Binance
→ YoBit
→ Etherdelta
I used a few more exchanger as well.
→ Cryptopia
→ Binance
→ YoBit
→ Etherdelta
Etherdelta was a good one because they generally listed all of the ICO ERC20 tokens and then they changed their mind and they stopped acceptin new tokens in their system. I don't know why. Then it became a bit less attractive.
All exchanges are very simple I didnt notice and exchange with complex work, but Binance has application its more simple for me also u can use it very easy.
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