I personally chose Bittrex and Binance as my two first options. Pretty straight to the point and quite noob-friendly if you ask me, as I've used both since the start of my crypto journey, and never had a problem with both(besides withdrawal fees are quite high depending on which coins). Though you cant trade fiat with both exchanges, only through USDT(tethers).
My 3rd option would be Bitfinex. Why? Because it's pretty much only one of the few exchanges that accepts IOTA.
EDIT: Just found out right now. Didn't know binance already accepted iota. whoops.
Topic: Best Exchange For New Traders - page 2. (Read 307 times)
Well, they'd have to choose a totally different altcoin exchange to the fiat-related exchange that they chose.
For fiat, I suppose a newbie could try Coinbase or Bitstamp. They do have KYC procedures but as time goes on that's going to be more and more necessary - it might make sense to start now. If they really value their privacy though, they could go for something P2P like LocalBitcoins.
For an altcoin exchange, there's no one reliable exchange and all of them have a lot of complaints. But the closest thing to a reliable exchange that I've used has been Bittrex.
For fiat, I suppose a newbie could try Coinbase or Bitstamp. They do have KYC procedures but as time goes on that's going to be more and more necessary - it might make sense to start now. If they really value their privacy though, they could go for something P2P like LocalBitcoins.
For an altcoin exchange, there's no one reliable exchange and all of them have a lot of complaints. But the closest thing to a reliable exchange that I've used has been Bittrex.
As cryptocurrency becomes more popular, there are exchanges popping up all over the world. It is difficult to make a choice where to safely trade your coins and tokens. Some sites have lenghty verification procedures, others have high fees to ensure their future.
Please select up to 3 exchanges that you have experience with and that you like. Feel free to make suggestions for exchanges that I haven’t listed. I’ve tried to select at least most big ones.
It would also be great if you could explain your choices in this topic.
Please select up to 3 exchanges that you have experience with and that you like. Feel free to make suggestions for exchanges that I haven’t listed. I’ve tried to select at least most big ones.
It would also be great if you could explain your choices in this topic.
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