Topic: The best trading platform for beginners? (Read 1076 times)
I will always recommend Binance for any newbie to start trading. Easy to use, low trading fees, prompt customer support, good reputation and only list good and functional projects.
Binance has been the ruling crypto trading platform for years. And why is Coinbase not on this list?
Coinbase is a reliable platform as well, you should have added it to the list, although the one thing about them is that they are not available everywhere, but they can be a very good choice if they are available your country.
You can make purchase of Bitcoin and so many other cryptocurrencies using your debit card and credit card, and trade on their Coinbase Pro or using the main Coinbase site which is limited. For the other ones, I haven’t tried them except Cex.io which seems quite good.
I don’t jump from one exchange to another when I already got a few that works for me.
Coinbase is a reliable platform as well, you should have added it to the list, although the one thing about them is that they are not available everywhere, but they can be a very good choice if they are available your country.
You can make purchase of Bitcoin and so many other cryptocurrencies using your debit card and credit card, and trade on their Coinbase Pro or using the main Coinbase site which is limited. For the other ones, I haven’t tried them except Cex.io which seems quite good.
I don’t jump from one exchange to another when I already got a few that works for me.
Today I'd recommend Changelly Pro as it's a very good start. It has a very intuitive and clear interface, helpful tools and different hints for comfortable trading. Support will guide you through any problems if they suddenly occur.
the best trading platform for beginners is Binance. Binance is top exchange site and a very trusted crypto exchange at crypto industries.Most of the people like binance as a fast choise, because Binance offers a lot of services like a spot trade, margin trade, options trade, and futures trade.for all of this service you just need to create one account at Binance.
The interface is very nice and user friendly. for beginner or professional trade personally I suggest using Binance.with out KYC people can also use binance but there is a withdraw limit. the support system of binance is also quite fast. overall binance is best near to mine.
The interface is very nice and user friendly. for beginner or professional trade personally I suggest using Binance.with out KYC people can also use binance but there is a withdraw limit. the support system of binance is also quite fast. overall binance is best near to mine.
The reason why these places get this much attention is the fact that they are users first and owners later and that is something people rarely understand when they are building any business.
Even if you are starting a cafe, you should know coffee tastes very well, you should be expert at it, if a customer comes in and asks for a specific thing and you never heard of it before you can't just act like you have no idea, but if you know it even if you do not have it you could talk about the reason for it.
Same goes here, these high end exchanges probably were traders first and they wanted certain things and they didn't find it in other places so when they built their own they basically made it so that every user could have what they once wanted to have.
Even if you are starting a cafe, you should know coffee tastes very well, you should be expert at it, if a customer comes in and asks for a specific thing and you never heard of it before you can't just act like you have no idea, but if you know it even if you do not have it you could talk about the reason for it.
Same goes here, these high end exchanges probably were traders first and they wanted certain things and they didn't find it in other places so when they built their own they basically made it so that every user could have what they once wanted to have.
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I suggest new people register on every recommended exchange to feel the difference because I think they need to find which exchanges fit their needs. Without registering on the recommended exchanges and only follow other people's suggestions, they will not find what they want. They can try to trade on every exchange, but they don't need to use too big money at the beginning because they only want to found the right exchange for them. After they found it, they can deposit more money to trade, but that will depend on their trading skill.
Newbies need to start with a demo account, so any platform with a demo account will be fine.
All exchanges are to one degree or another the same in their interface, once you figure out one, you will immediately figure it out in all.
But first, you need a safe environment to practice your skills, and a demo account is exactly what that environment provides.
In addition to learning how to interact with the exchange interface, you will also learn many basic things in trading.
What resources or an application with a demo version can you offer that would visually resemble the Interface of a cryptocurrency exchange? The fact is that I used several applications from the Play Store, but they very weakly visually resemble the exchange and it is difficult to adapt for a person who is still very poorly oriented in trading. All exchanges are to one degree or another the same in their interface, once you figure out one, you will immediately figure it out in all.
But first, you need a safe environment to practice your skills, and a demo account is exactly what that environment provides.
In addition to learning how to interact with the exchange interface, you will also learn many basic things in trading.
Newbies need to start with a demo account, so any platform with a demo account will be fine.
All exchanges are to one degree or another the same in their interface, once you figure out one, you will immediately figure it out in all.
But first, you need a safe environment to practice your skills, and a demo account is exactly what that environment provides.
In addition to learning how to interact with the exchange interface, you will also learn many basic things in trading.
All exchanges are to one degree or another the same in their interface, once you figure out one, you will immediately figure it out in all.
But first, you need a safe environment to practice your skills, and a demo account is exactly what that environment provides.
In addition to learning how to interact with the exchange interface, you will also learn many basic things in trading.
IMO not all of the old and well-known platforms are good enough. Young exchanges also should have been mentioned here. For example, Changelly Pro which unlocks a lot of different tools for comfort trading.
Lol then why not just mentioned it?who cares for the new platform when there are already existing that trusted and safe?Only Bounty Hunters are promoting new exchange because maybe they are being paid shilling ,but for me?i will only use those i believe is safe and that will keep my asset intact.
IMO not all of the old and well-known platforms are good enough. Young exchanges also should have been mentioned here. For example, Changelly Pro which unlocks a lot of different tools for comfort trading.
The best online stock brokers for beginners. The facts demonstrate that day exchanging can make you rich simply like my top Millionaire Trading Challenge understudies and regardless of whether exchanging will make you rich is truly up to you. I as a rule put resources into Binance, KuCoin, and bittrex these are excellent stages to put resources. On account of newcomers the danger is a lot of lower merchants can get to pretty much every material available. Another favorable position of this record is that you can change the influence and store any sum that suits your financial plan. They are both acceptable when it comes in coin posting and security. They have the great volumes, wherein reality most dealer likes. Liquidity and genuine volume are sufficient even we have high expenses in exchanging.
I voted first one. For beginners binance and kucoin is best platform for trading. Because this exchange is very safe, secure and easy for beginners. But recently kucoin was hacked but they ensure they will bear the lose. I saw many exchange Attack by hacker then they do scam or they can't take responsibility. But Kucoin is deferent.
You're right binance and kucoin are best for beginners hacks are less here and there is no fear of losing coins if new traders have little idea about investing they can make a lot of money by stocking the currency. In that case the currency will not depreciate too much and if the price increases it will continue to double.
I voted first one. For beginners binance and kucoin is best platform for trading. Because this exchange is very safe, secure and easy for beginners. But recently kucoin was hacked but they ensure they will bear the lose. I saw many exchange Attack by hacker then they do scam or they can't take responsibility. But Kucoin is deferent.
I think both exchange is friendly for new user start trading and look faster when deposit and withdrawing our assets, I have use both exchange for long term and always get good result because deposit take few minute for receiving in our wallet, but for binance you must sumbit your kyc for safety your assets to withdraw, many moment binance exchange locked some account when withdrawing because abnormal activity and have pass their kyc document to available withdrawing again. By the way exchange is not most important but analysis how and what coin have to trade is most important in trading because our destination in trading is looking for much profit as soon as possible.
I voted first one. For beginners binance and kucoin is best platform for trading. Because this exchange is very safe, secure and easy for beginners. But recently kucoin was hacked but they ensure they will bear the lose. I saw many exchange Attack by hacker then they do scam or they can't take responsibility. But Kucoin is deferent.
All the Exchanges that are listed for voting where the top ones. Every exchange has got the user friendly access, but based on the volume and the listed coins the experience differ with each exchange. When it comes to beginners everything looks new to them, and the user with zero knowledge will surely have little panic. Upon this I prefer beginners participate into bounties and use them into trading during the initial days to gain experience.
Doing bounties is waste of time and they need to wait too long to get the rewards to be distributed and they still have to wait for their token to get listed on any exchange so its not really good for the beginners, they can go with the demo trading account it is available for free on many trading platforms. 
I agree on binance and kuckoin when I was starting I did research and end on those two and I was satisfied. I have not tried bitfinex yet tho
I feel like you will choose Binance and KuCoin as the best trading platforms, and I am also quite satisfied after using both exchanges
for trading. But since the news related to KuCoin being hacked is currently viral, it seems that KuCoin's popularity has decreased.
Hopefully KuCoin can solve the problem well, in order to restore traders trust to reuse KuCoin for trading. For Bitfinex you should try it,
because the quality is as good as Binance. I have used Bitfinex several times and there have been no problems until now. So Bitfinex is
indeed one of the exchanges that I recommend for trading.
tested KuCoin, Bitstamp and cex.io. all good, but since now i need to deposit and withdraw with plastic cards, I use mostly cex.io
cool, what fees do they have for deposit/withdrawal ? 
When newbies choose a trading platform, they always use reviews on the Internet, because they don't have much experience in this. One way or another, Binance is in great demand and has a stable high authority, as well as on the bitcointalk forum, this cryptocurrency exchange is discussed and responded positively almost everywhere.
They do deserve it though but I just hope they aren't trying to sabotage themselves with their latest doings. Of recent I saw CZ (founder and current CEO) tweeting and deleting within minutes. Most of what he said assuming majority of the community didn't know such behavior already existed it would hard been a red flag in suggesting this exchange to noobs especially as they would be the traget.
On the info page, Binance praise themselves on how due diligence are done in project before listing and founders are to be known by the binance team but few days back after the $Sushi exit scam by founder it was reviewed by CZ himself that projects like that were only listed so they don't miss out on the traffic. Meaning they can list scams projects just to profit from the traffic coming into the exchange.
Every people had their own option to inverse their money and choose the platform to inverse their money.My favorite are binance,coinbase and localbitcoin.The experience on this coin are good and fast response from the buyer.In binance ,it is easy to convert as compared to other exchange.
For a "newbie" I could totally suggest the test places, doesn't matter which one since you are not really spending any money but if you could go to test exchange places and they will give you some fake money, like "here is 10 thousand dollars" or whatever and they will tell you to go and make trades with that, obviously you will buy and sell there with fake money but the price changes of the coins will be the real deal, so if bitcoin in real life goes from $10k to $11k you will see it changed in the test exchange as well.
These days lots of platforms started accommodating traders in demo mode like how gambling houses are doing the same for years. Probably the number of exchanges which are providing demo mode is very less in crypto space but all forex+crypto exchanges are always coming up with demo mode. For beginners demo accounts are always handy whereas I guess this topic is not just about practicing but about experiencing the real heat of market for relatively new traders. So, only demo mode suggestion will not meet the goal of this topic.Everyone has their own obviously and not all the same but I honestly think that there is really not that much you can do to get it into a habit more than that. Obviously if you are not a full time trader you change it to what you do after you get home from work instead of what you do when you wake up, but there isn't really too much change in the mindset, just the time periods of what you do.
All the Exchanges that are listed for voting where the top ones. Every exchange has got the user friendly access, but based on the volume and the listed coins the experience differ with each exchange. When it comes to beginners everything looks new to them, and the user with zero knowledge will surely have little panic. Upon this I prefer beginners participate into bounties and use them into trading during the initial days to gain experience.
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