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Topic: Exchanges for newbies. Does it exist? - page 3. (Read 1017 times)

member
Activity: 896
Merit: 17
June 04, 2019, 06:30:57 AM
#73
Trading platforms are basically the same in structure and appearance. You need to read and learn a lot in this direction and do not recommend trading large amounts, start with soap sums and gradually see the result.
hero member
Activity: 1036
Merit: 500
June 04, 2019, 04:13:04 AM
#72
Perhaps, you may want to read this guides and tips on how to choose a particular right exchange for a newbie like you.

  • Guides how to Choose an Exchange

    It also provides some informations about tradings. You will also learn the differences and the backgroynd of some trusted and reputable exchanges. It may be a great help to you.
I went through your guide and it was good for the starters. Normally when you are a starter, you would face difficulties managing things in crypto and such a guide makes things a bit easier for the newbies so thank you for it. There is a great plethora of information available on the internet as well which could be used to learn about how to trade and make money by trading crypto.
member
Activity: 882
Merit: 17
June 04, 2019, 03:51:25 AM
#71
i will sugguest you get into binance Dev now it is still new and open. it is very simple platform novices to understand the simple pattern of exchange different cryptocurrency. try it now. make sure you goto the right website very very important.
full member
Activity: 1330
Merit: 147
June 04, 2019, 03:27:16 AM
#70
There is no exchange which was specifically for newbies, all exchange has same feature I mean when you trade on it you will find same feature such as candle and some indicators that can be use. It will be better if you ask how to trade for newbies? How many strategies that should you mastered? Also about psycology thing and money management that should be know before you come to an exchange. Just a suggestion, you can learn how to trade on this forum. You can scroll this thread and find some interesting threads because as far as I know on this forum has a ton of strategies trading and usefull for newbies.
copper member
Activity: 110
Merit: 60
June 04, 2019, 02:35:39 AM
#69
Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u

In the first place, you're a newbie why do you like to trade? for profit? or to find your luck?
as a newbie, you better spend time for learning first like research before anything else. This is the main
reason why many of the newbies became a victim negligence for becoming a greedy were it leads them
always into loss of their coins. But if you can't stop choose an exchange that are on top 5 exchange at the
coinmarketcap.
hero member
Activity: 1008
Merit: 501
June 04, 2019, 02:26:03 AM
#68
For beginners, you can buy coins that are not too expensive. I recommend a good coin and certainly profitable. You can buy doge, one and trx. Good luck.
Buy only small portions of your money to try how trading works, regarding to exchange if you can do some research first before doing this activities, exchange with good reputation and most used by traders is more likely to recommend, try a little bit and observe if you have the skills to enhance from this market.
That is a way among many ways to minimize your losses in crypto if you are a newbie and if you have little experience. But I think this is the best way for newbies to learn how to trade spending little money and trying to figure out their own strategies and coins of interest. This in addition will bring experience and improvement in trading.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 03, 2019, 07:33:18 PM
#67
Go test first your skills through exchanges that are offering demo.

-->https://bitsgap.com/demo-trading/
--> https://coins2learn.com/

A good idea for a beginner, I think this is the right way to get to know more about trade then after it starts in real trading.
Yes, a beginner should start looking at the picture of trading first and on how risky it is through trying a demo account.

There are tons of simulations there and those two are just part of it. A beginner should need to experience real trading though but as part of it, they need to practice first or if they really are into risk taking, try to trade with a small amount.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
June 03, 2019, 12:02:22 PM
#66
Firstly I will suggest you Binance, poloniex, kucoin exchange for choosing a good Exchange.  Secondly I will suggest you to search on Youtube about this exchanges by typing how to trade on (exchange name). Then you can find some videos that will help you to learn more about these exchanges. Thanks
legendary
Activity: 2212
Merit: 1008
June 03, 2019, 10:45:32 AM
#65
Go test first your skills through exchanges that are offering demo.

-->https://bitsgap.com/demo-trading/
--> https://coins2learn.com/

A good idea for a beginner, I think this is the right way to get to know more about trade then after it starts in real trading.

Could u please recommend me some exchanges for newbies?

To spur your trading knowledge, you have to trade on real exchanges, I recommend between Binance and KuCoin, pretty good trustworthiness and an easy UI for beginners.
hero member
Activity: 980
Merit: 506
June 03, 2019, 07:03:20 AM
#64
Why do you need to trade if you can not deal with the exchange? There are a lot of tutorial videos on YouTube on how to use exchanges
i think we didn't need any tutorial about for using exchanges feature.its pretty simple for us and even beginner could operate  their account to start trading.and if we still confuse ,using official video tutorial will be good for us.
Regardless of your status in the crypto market, you should be the guy who would always opt for the best exchange in the crypto market and that is very important because according to a survey, if you are registered in the best exchange in the market, your chances of making money by trading crypto would be more than those others guys who are on other exchanges.
full member
Activity: 756
Merit: 108
June 03, 2019, 06:54:32 AM
#63
If you want to indulge in the stock exchange in the hope of earning, then it makes no difference which stock exchange to choose. You will lose the deposit. And if you really want to learn how to trade, then work with exchanges that have a short function. So you can play both: bull and bear market. Bitfinex, Huobi.
member
Activity: 560
Merit: 11
June 03, 2019, 06:28:33 AM
#62
I suggest you to register for a binary exchanger because in my opinion currently Binance is the best exchanger, in all cases, volume, fee and security
hero member
Activity: 1190
Merit: 541
June 03, 2019, 05:58:36 AM
#61
There's nothing like an exchange for newbies,  you should be looking for a good exchange and not exchange that is meant for newbies  cause there is nothing like that. Go for exchange like Binance if you get the chance to register there. There is also Coinbase , it is really a very secured site, just that they are being regulated (if you're one of those that hates regulated exchanges, but they are always safe). Then there is Bittrex, KuCoin and the rest of them that are topping the chart. These are the exchanges you should be looking out for and not the ones that will scam you one day, or maybe you start hearing stories that touch.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
June 03, 2019, 05:23:34 AM
#60
Each and every exchange has got the simple sign up process, with KYC and some has got limitations on withdrawal limits with accordance to the KYC fulfillment. Later on we've got lots of tutorials to help us use each and every exchange. Rather than searching for an exchange that is developed in specific for newbies, following tutorials one can use the exchanges for trading needs with ease.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 03, 2019, 05:18:08 AM
#59
Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u

I guess every exchange has the same as the other exchange because people can use it for trading. But the problem is you need to know the basics of trading first before you trade so you can trade without a problem. And you can choose any exchanges that have been recommending by many members here like binance, poloniex, bittrex or else. Some exchanges need KYC to proceed the trading, but binance will not require that to start trading. So it is back to you again if you are fine with KYC, then you can choose poloniex, bittrex, and binance but if you don't want to fill KYC, then binance will be a good choice.

For your information, binance has two option for the member, they can do KYC, and they can skip KYC, and it depends on the member itself.
sr. member
Activity: 1330
Merit: 326
June 03, 2019, 03:23:38 AM
#58
Perhaps, you may want to read this guides and tips on how to choose a particular right exchange for a newbie like you.

  • Guides how to Choose an Exchange

    It also provides some informations about tradings. You will also learn the differences and the backgroynd of some trusted and reputable exchanges. It may be a great help to you.
member
Activity: 546
Merit: 32
June 03, 2019, 03:10:32 AM
#57
When you are new to crypto trading you need to learn about trading tips and how to choose the exchange.

There is no separate exchange,you just need to face the reality and survive it if you want profits.
legendary
Activity: 1302
Merit: 1037
June 03, 2019, 03:08:35 AM
#56
Do not engage in trading or you will lose all your money ,trading requires skills ,you have to learn trading before you can start trading since you are a newbie
The best advice he can ever get is what you have given and I will advise he takes it, because most newbies that I know without learning trading first end up losing almost all their investment. As a newbie, I would advise he simply goes for long term trade which is HOLDING.

Holding is still safe and maybe any money he gets as increase on his investment can be used to practice trading, because after learning all the necessary skills and knowledge, he will need to practice with live trade which I can guarantee he will lose the first trade, so if he doesn’t want to lose his personal fiat, he should just practice with a little increase he gets from Holding.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
June 03, 2019, 02:29:04 AM
#55
you need to stay off the exchanges but learn about trading. try learning first. after then, register and trade with demo account. most exchanges has demo. don't rush into trading because you might regret your move quite easily. take your time before moving into real trading.
That's the right thing to do, some newbies are too aggressive and they just think of the profit they'll be getting, and with that they failed to analyze how risky it is being a trader. Demo trading should be done first, at least for those who don't want to risk even a small money, they can practice to prepare for their risky journey.
hero member
Activity: 1022
Merit: 538
June 03, 2019, 02:04:36 AM
#54
Hello, I'm a newbie for all this crypto stuff, but I have some extra money and I'd like to tr trading. Could u please recommend me some exchanges for newbies? And I'd also appreciate your advice. Thank u
An exchange is an exchange, there is no exchange created specially for newbies, and the only thing that distinguishes some exchanges is just the facility that they have in place that makes trade easy and probably the user friendly trading platform that they have, and in this case, the best exchange you can ever think of relying on as a newbie is Binance, they are the largest and the best exchange for now and they have enough room to accommodate you.

They give bonuses, they have low trading fees and top of it all the largest trading volume you will ever see is on them. So I will advise you go for them first and maybe bitfinex as second choice.
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