Topic: The best trading platform for beginners? (Read 1053 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.

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 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.

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.

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.

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.

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.

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 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.

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 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.

cool, what fees do they have for deposit/withdrawal ?

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.

When you get into the "zone" and you know what you are doing, basically it becomes like a muscle memory thing. Every morning you wake up and do the same thing and basically get better at it as well and that is how you spend few hours, after that every few times you check what you check and until night you see what you checked could require action or not and that is how it goes.

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.

Ah so your not a newbie on trading but you are more than a pro because you tested a number of exchanges and most of these are trusted and some are classics . Your not the one that is asking but this can still be a good reference to a newbie trader if which exchange is newbie friendly .

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

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.

Yeah, but all reputed exchanges are good to go with all beginners. Except the level of trading engine's speed and for the concern of less congestion while executing orders, I am also suggesting to go with top level exchanges. After binance and kucoin, I recommend bittrex(KYC is mandatory).

Yes, indeed, both of these exchanges were hacked by hackers. This may indicate that the employees of these exchanges did not adhere to the basic requirements for storing cryptocurrency. If the cryptocurrency was stored on cold wallets, no hackers would be able to steal it from the exchange. The positive thing for users is that Binance returned the stolen funds to its customers, and Kucoin has already stated that all losses will be compensated.

I picked Kucoin among them the best trading platform for beginners. KuCoin is a leading cryptocurrency exchange for good reason. Their asset offerings, fees, and UI design make KuCoin a great option for trading crypto for beginners .Kucoin is very easy to use having great security. Binance is also good platform for beginners.
But the worst trading platform to me among them is Hitbtc.

In my personal opinion, binance and kucoin are the best for trading. Both are best for user friendly, security and support. Fees and all other elements are bearable to traders.

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 

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.

This means while using fake money you will use and test real trading as well. That is the best way to start for a newbie, a real newbie, only after that if you are really good you could end up with making real trades in a real exchange of your choice.

I also side with this statement to a certain extent, and in the sense that I regard Binance as a good platform. Similar to this, KuCoin is also easy to use and I found that the feature of having multiple charts in the same window is super helpful as you can have just 1 tab open and can easily switch between coins rather than having individual tabs for each coin. Poloniex is also good but I hate how quickly it signs you out like 5 mins or so - pretty stupid but other than this the exchange is good.

There is always competition when it comes to trading to survive in a competitive market you need to know the market well. Traders usually trade more on low fee exchanges and the demand for these is much higher it is better to trade in newcomers but you have to learn trading first. Binance is a great place to trade trading fees are low and the best among other exchange sites newcomers are less at risk later.

It used to be Poloniex and Coinexchange for me as a beginner in 2017 until Binance took the crown from them in 2018 or so. I liked the ease of navigation on those two sites but CZ Binance brought something topnotch to Binance and it took the shine off them. Kucoin is just a Xerox of Binance. However, the current Binance site isn't that beginner friendly I must say. There are so many works, trading, staking, exchange, spot and derivatives kind of stuff going on there that easily confuse a noob. For instance, one clicks on trade and the options are various. Those early days of Binance a click on trade would only display just one option of buy and sell.  But not now any more. I think the Binance team should just tone down a bit on many products their rush to the market.

For the Beginners they must experience the Best and safe thats why those Big 3 exchange is top in the list.
For all of us who uses those exchange can answer this easily right?because what we all need is to be safer and has a lot of option to trade without manipulation.
binance with Free trading bot so beginners can enjoy unlimited practices.

Definitely the first option. We are talking about the biggest exchanges in the crypto world and to discuss that means that you are discussing peoples choices as peoples choices, how could you do that? People already chose those exchanges which is why they have the highest volumes, which means to talk about what people chose already as what people would prefer would be idiotic.

You can't know what people prefer better than those people, they know their own choices and they have already made it known. Obviously I could say that bittrex could be there as well to add to those ones, but if you remove it I wouldn't say anything neither because that list is perfect. Any list that has binance would bound to win anyway, if you made it individual I would say binance.

The exchanges you tagged as average can be someone else’s favourite exchange , it all depends what you’re looking for . For exchanges it’s always like a competition and they are trying to do things that are going to help attract more traders or users to make use of their platform, it can be that they are offering trading with very low fees, and for some, they are providing an interface that is really good and attractive, but their fees will be high. They all differs, there are lots of ways that they are better than each other, so once you have tried them out, you will be able to determine what’s better for you.

Binance maybe the best exchange but still we don't have to rely on single exchange to avoid monopoly/centralization on crypto field because we never know how they will change in the future if there is no competitors for then. And coinbase can also be considered as good exchange but not the best due to poor support of high fees compared to others.

As expected, the poll results have shown Binance, KuCoin and BitFinex to be the best trading platforms for beginners. And I completely agree
with the poll results, Based on my trading experience so far these three exchanges are very easy to use for beginners. Especially for the Binance
exchange, there are many trading features that make it easier for users to trade. It's no wonder Binance is the best exchanges until now.

Yes, as a newbie, who went to this section of the forum to learn which platform is good and convenient for beginners, it would definitely be informative and helpful if he stated the pros and cons of each different platform. Also, In stock trading platform they have this features called "Shorting". Does one of these platforms also offer this feature?

Beginners do not really have to pick a place that is best for them, they have to pick what is best for everyone as well. If you are a newbie, pick a place that is trustworthy and people love, that is all you can care about and that is all you can work for, there is nothing else that could make you go berzerk or anything.

However it is not something that will help you out forever, you could change it time to time, I have been around for a long time and have used probably tens of exchanges so far, but for the start you have to pick a place that everyone uses so that you know you are not doing anything wrong. This will go on until you feel more comfortable and start to invest or trade smaller coins that only exists in few places, which will result with you using many exchanges.

Just like most of the comments they go chose to trade on Binance which I do as well. I am now currently trading on Binance and things work well I'd say. The volume was in great shape and everything so I would really recommend this for beginners. Usually, I only trade on reputable exchanges and stay away from those who gain negative feedbacks as possible. So there you have it, for newbies just go for reputable exchanges and everything will be fine.

I don't recommend just choosing an exchange from this list and trading on it. You need to register on the cryptocurrency exchanges that you like and study the interface. If the interface is convenient, then you can already proceed to the review of this exchange. By the way, on this page there is an overview of three cryptocurrency exchanges from the author's list.

Seems like you’re more into centralized exchanges and you have not tried the exchanges that are decentralized.
There are still many of them out there that you have not tried yet.

From this list you have made here, I would say that Coinbase/Coinbase Pro is the best exchange and one thing I like about them is that they have a user interface that is extremely simple, even as a newbie back when I started making use of their exchange I was able to understand everything easily, and they are offering wide variety of altcoins, although when it comes to altcoins Binance is offering more of that, so I’d say of you’re more into altcoins, Binance will be a good choice or you can use the both of them.

I agree, even as a beginner in crypto world and first time to use Binance exchange, I can easily adapt to their platform and I already know that Binance will be better platform someday. Trading view is also a good trading platform and easily to use. I also allow you to create your own chart and analyze their properly.

It is such a sad thing to see poloniex+bittrex and kraken not getting any votes at all, these were the high points of trading at one point.

Obviously it has been like 4 years since they were the best, but after cryptsy got hacked, poloniex became the top exchange for a while, everyone was using polo and they were loving it as well, the volume was the highest anywhere, at the same time people used kraken and eventually moved to bittrex from polo as well, bittrex was a bit later than polo for famous period, but after bittrex people moved to binance when it came out and now these three places are so low on the list that it didn't even get a vote at all. This is why you have to listen to feedback, if you do not you could go from top of the list to not getting a single vote.

 Basically i like Binance, KuCoin, BitFinex which are in leading position in crypto market. No doubt that Binance is number one position but my trading depends on which market token listed that i targeted. But problem is at present time withdrew fee to too high so that everybody are in problem of all exchanges. So hope very recent high fee will be decrease and we will be happy in trading all exchanges.

thanks.

Binance exchange is good trading platform for beginners because here you can find good liquidity and easy to use plateform. But sometimes binance is also working as a stealing money from their customers. When btc price is moving fast then sometimes its stop working and traders can't able to put stop loss or close their trade and get liquidate their fund. So it's also important to prepare yourself for this kind of situation.

I agree with that, because for me Binance has a very fast coin service compared to the others, I personally only trade on two exchanges, Binance and Indodax, if Binance added IDR in its trade it would be more fantastic, but that's just my dream hehe

Primexbt https://primexbt.com?signup=202787

It has copy trading tool too

They totally suck, the support team is very slow of having a response in any issues submitted and I don't recommend this for beginner because once you have a mistake they don't answer your request. Another thing also has very high fees upon withdrawal, how could you recommend this to the beginner.

Binance that the most they are suggested, I'm okay with the Binance though they had a good reputation and also good interface for the user. But when it comes to a newbie, always be careful upon using an exchange, we know that the newbie is always a prey to the expert traders. I suggest not doing in trading if you don't have enough skills and knowledge on trading because trading isn't easy task to do.

Market for beginners maybe for me is which have spot trading, not much problem in deposit and withdrawal, and maybe not ask people to do KYC first because maybe some new people don't like to reveal their data into a site or anything else like that. With 3 reason that i mentioned before, maybe already enough to make people keep come back to trading as long there are no problem  with their money especially if they try new sites.

I reccomended that Binance is the best trading platform for the beggener i also preferred first not invest large amount first invest small amount $10-$50 and slowly increased the trading amount not be follow signal group or forum invest your time and increased trading skill and fundamental and technical skill, an others think don't be invest new or shitcoin you mistakenly invest maximum fund in shitcoin so that chance of losses your fund.

I chose Binance, KuCoin, and BitFinex. I just didn't have a choice to vote the way I wanted to) The fact is that I have never traded on BitFinex. And this choice was made by me, because Binance was only represented there. This cryptocurrency exchange will be good for both beginners and professionals.

I have trade using all these 3 platforms and they are among the best, i can say that. But for now there are many more platforms that have different methods of trading.
I use Yobit for day trading and i use localbitcoins for peer to peer trading.

Hitbtc exchange is the best for noobs, this has been my favourite among the listed cryptocurrencies exchange. Trading involves mostly altcoins which are available on Hitbtc but other exchanges listed above are good but won't be easy for those beginners as many of the newly altcoins might not be available for trade. We'll know that, listing on binance exchange is more like hell to some good and sound project but Hitbtc is one of the cheapest to list, so, is the best for noobs.

The Amarkets platform is quite comfortable and easy to understand

For me, based on my experience, Binance is the best and it is very user friendly compared to other trading platforms.

It is not that hard to explore, it is not that hard to learn, you just need to practice and learn how trading works in it. I know it is not that instant to become good and comfortable in trading platform that you are using but you should consider a lot of factors such as time, willingness, and effort to do it.

Just practice and develop your skills in trading so that you will become effective every time you perform transactions.

Binance and Kucoin are the best IMO...
It can be said that both exchanges are very user friendly, especially for beginners who want to start trading. I also started trading on Binance and only with questions to the closest people to understand trading there.

From my point of view, the best cryptocurrency trading platform for beginners are Bittrex and Binance because in my 3 years of experience in using these platforms, I don't face any problems when it comes to depositing and withdrawing my funds, and it is easier to use for beginners. But I mostly used Binance rather Bittrex because I think it is much easier to trade in your mobile phones in Binance.

I'm not really surprised about everything he said. Binance has been on a listing spree since july (around the same time the DeFi fomo started). Between August and now, Binance has made over 21 new listings of which over 50% has been DeFi related projects. What these means is that, Binance had to lower their listing standards just to take advantage of the DeFi traffic as most people were following the DeFi craze and patronizing Dex and protocols like Uniswap, Balancer and Synthetix. From a business perspective, Binance was only doing what was necessary to ensure they stay relevant in the space (Bittrex fell because they were fast to certain changes to suit current market needs. The same goes for poloniex). It's clear Binance got caught up in the hype and didn't do DD on their part before making these listings.

CZ was only trying to justify their actions which was wrong. Binance has a track record of listing high quality projects but the quality has dropped in recent times. I'm not sure how projects that paid between $300K - $1M to list on Binance would feel.

---

Despite their shortcomings, Binance is still one of (if not) the best exchanges to trade in right now.  As a trader ir investor, Its important to do DD and research before trading any assets on Binance. It's better to be safe than sorry.

The listed platform were the best platform as far as popularity is concerned but I still prefer to trade through some of the decentralized exchange for safety purposes. Most time the trading platform you trade through is not the problem but you trading strategy is what matter.

Actually all the exchanges mentioned in the opening post are the best trading platforms for beginners. Just choose what suits with your taste,
according to my recommendation Binance, KuCoin, Okex, Kraken and Huobi are the 5 best exchanges for crypto trading. Because I've been
using the five exchanges I mentioned for a long time and haven't had any problems. But surely everyone has their own criteria in choosing
exchanges for trading. Most importantly choose a popular and trusted exchanges.

Well, for me the best trading platform only is Binance, Kucoin, Houbi, Coinbene, Bitforex, Okex, Upbit and Bibox, these are the exchange
were I used so far and it gave anyhow a nice profit it may not large but it can help me out to sustain all the expenses that I need to pay and to get all my needs commodities.

None!
Re: The best trading platform for beginners?
It is the one where you can make your exchange. Where you can make your withdrawal without inconvenience and also deposit.

So: If you Can,
-Deposit
-Trader/exchange
-withdraw
-And is happy.

The OP is somewhat subjective, really only the above must be met and that meets the criteria.

I think the premise should be which exchange has the best fees, does not have KYC, better support and an etecetra so extensive that you realize that the recommendation of a better exchange does not only include newbies, but also experts, or anyone who has made trade, who does not qualify as an expert.

Please! not to go exchange only for the comment of a top list "exchange" Best, you must go because you read the FAQ, or at least you knowr about the conditions of withdrawal, deposit, KYC ...

Sometimes what you just need is some proof that these exchange is in the idea of taking care of their name for a better and more supporters for the future of their platform. I will prefer to use exchanges that are proven safe wnd atleast able to answer my queries and provide solutions since we will need still easier access to convert in fiat like in Binance who just recently have a direct option in our fiat. It's good to use Dex if we can wait long. It will still based in our preferences in trading.

^ Did you know guys that this decentralized exchange platform has always low adoption than the centralized exchange? Because this decentralized exchange has low liquidity that your sell order will quite take long before it will be executed. For me, the best trading platform for the beginner is Etoro exchange, because they had a copy trading feature that even newbies are easy to use. Nevertheless, Binance is good but don't go there if you are not an expert in having technical analysis or whatever strategy it is.

Yeah, we love decentralization but we cant avoid the fact that we do still need to rely on centralized exchange specially if you've been dealing with Crypto/Fiat pairs which we know that it isnt possible on a DEX.

Its up to the user though if he would consider such option but i would say that cex platforms arent bad either just be sure you dont store up all of your coins on an exchange wallet.

Best trading platform? Always stick with top ones like Binance.

I would recommend you a descentralized exchange rather than centralised one . Remember if you do not own they private key you do not own any coins

Can't help it, afaik, there's always dirt somewhere in every exchange out there imo. Still, it is in comparison with other exchanges plus to be used by newbies, so Binance is a fitting choice, especially with the amount of people that use it, others can easily ask questions about it and can easily be answered due to that. There's still DYOR factors though even after you choose an exchange to use, so I guess they can find out about that dirt after integrating themselves into the exchange.

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.

I am pleased with your detailed findings about best trading platforms for newbies, and i believe to my understanding that binance, kucoin, and gate are the most convenient and easy to use exchange platforms because they are self explanatory to a large extent. But this is not an excuse not to further and conduct researches before trading.

Trading is no joke or gamble, always do your own research.

My choice,  Binance, KuCoin, and BitFinex... I like these exchanges because I never have a problem using the exchange, all my accounts are complied with the KYC requirement so it does not worry me that anytime my account might be compromise. For beginners, I think both Binance and Kucoin is easier to use, it's user friendly, so I can suggest you to try this, and I think most of us here suggested these 3 exchanges so I like to believe that they have good experience using the exchange.

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. My choice is also binance, and after I used it for the first time, I was convinced of its superiority. One of the main advantages of the Binance trading platform is a good balance and a good degree of security, as well as small commissions. In addition, it was very important for me to get an intuitive interface that is very easy for a beginner to read.

My gut feel says that he didn't become so technical on it. Maybe he just based on the combination of his experience and reviews found on the internet. But well, I might still be wrong .

But in my opinion, the only exchange that I'm planning to use are Binance and Coins Pro. There's no need to explain why I choose Binance, it is obviously the leading in this business so why settle for less, right? On the other hand, I also include Coins Pro in my list because it is the official exchange of coins.ph which is the best crypto wallet here in our country. I can assure that it was 100% legit (but AFAIR it was only accessible in the SEA region).

Thank you for making this, I use kucoin and it has been great so far. No problems buying and trading crypto.

Newbies will appreciate trading with the Amarkets broker because there are really good conditions to get started and, of course, the support of financial managers helps a lot.

What were the metrics you used in rating all these exchanges that you tested?
Do they include the following?
- Security
- Liquidity
- Order book depth
- UI/UX
- others

and can you share the score of each exchange per metric? I believe you have a spreadsheet or other forms of record.

I agree, I don't think that Binance has the most alt coin, I think it's Coinbase (I maybe wrong). The problem though with Digibyte or HitBTC is the amount of scams accusations against them. Although I will be honest that I didn't have any issues with HitBTC, but I just stop trading on it way back 2018.


Of course, never put huge amount of your funds in any exchange. I also have a good experience with Kucoin and Huobi way back when we are still at the tail end of the bullish trend. Very good experience for me as well.

What problem? Its not a problem when a certain coin that already listed out into their site got have some kind of increase and recently CZ do made out some line of advise that it isnt really safe
for you to get with the hype with DeFi.

When it comes to best trading platform then i do always stick out with Binance all the way even though they had that past issues but nothing beats out when it comes to support,
UI,UX and other features.

Its a matter of choice though since people can always choose on which one suits them best.

I like many different exchange to use , for those you mention I will suggest to use bittrex, binance,kucoin,and okex I have good experience using all of the exchange I mention so its good for newbie to try all of them but if they can only use one exchange then I will stick  to binance.

Binance, KuCoin, and BitFinex, that's my pick though I'm not actively using BitFinex but Binance and KuCoin were both great exchanges. I believe learning how to trade is not like building rockets, I mean it's easy, the hardest thing to do actually is to be profitable in trading and that's what everyone wants.


Probably they don't do the proper selection of the coin they list, that's why it dump because it has no good support by the community.
 
All paid for listing but it would also affect the reputation of the exchange if there's a lot coins that would dump under their exchange.

Huobi becomes the new dumping site of the coin, in my opinion. Most of the coins that were listed here are falling. I am using binance and kucoin actually. They are both good when it comes in coin listing and security. They have the good volumes, wherein fact most trader likes. Liquidity and real volume are enough even we have high fees in trading. But as of now, it seems like binance is dealing in a problem when it comes in listing the defi hype coins such as yf and sushi.

I usually invest in binance and kucoin these are very good platforms to invest in. In the case of newcomers the risk is much lower traders can access almost every material on the market. Another advantage of this account is that you can change the leverage and deposit any amount that suits your budget. The amount at the fee is much lower than other sites also uses two-factor authentication to protect personal information. This type of protection allows for higher security of the account than a single word password.

Your objective is good but can you take down the difference too to enlighten other members why do you choose those exchanges.

In getting bias I recommended to the binance because they have a lot of features and faster transactions.

Also, they have different types of exchange and trading too so I like this also they have a good market volume.

With the use of their website and application, you can usually visit your trades, buy and sell this may help you a lot for being convenient.

About binance supporting many altcoins, I do not think that is accurate enough, I am using binance but I find it difficult when it comes to altcoins, there has been multiple times I want to trade one coin or another on binance, but not listed there. A good example is digibyte and few others. Imo, in term of altcoins, HitBtc is a very good option to consider.

Also, I still consider the issue that binance was hacked in 2019 and some amount of bitcoin were stolen, it makes me never leaving high amount of funds on the exchange. Also, BitFinex can not be alternative forgo for me as it was hacked some years back, 120,000 bitcoin was stolen.

Kucoin and Huobi are both good exchanges as well.

The best platform right now is Binance. It is comprehensive and lots of tutorials for beginners, and aside from that there's a lot of altcoins that we can choose to buy, whether you buy and hold or trade futures.

I'll go with Binance, KuCoin, BitFinex tandem although I didn't yet tried to use BitFinex but on the second choice which is the Poloniex, Bittrex, Kraken is the Kraken is also I didn't yet tried to use.
I am really comfortable using the Binance especially before and Kucoin too, they got mobile applications for android and IOS which some beginners are starting to explore trading by their only on their mobile phones, they may find it comfortable at first.

I started cryptotrading months ago, and I had the chance to test few of the best trading platforms and here is my ratings.

Binance (Excellent)
KuCoin (Excellent)
BitFinex (Excellent)

Poloniex (Satisfactory)
Bittrex (Satisfactory)
Kraken (Satisfactory)

HitBTC (Good)
GDAX (Good)
CEX.io (Good)
BitStamp (Good)

Huobi Pro (Testing)
BitFlyer (Testing)
CoinOne (Testing)
Upbit (Testing)

Bithumb (Not Rated Yet)
OKEx (Not Rated Yet)

Drop the list of your best trading platforms here.