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Topic: which trading exchange site best for beginner ? - page 5. (Read 1318 times)

member
Activity: 685
Merit: 14
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?
If you are beginner you should use Binance, bittrex And Hitbtc these are all best trading site but I am not suggest to you because if you are a beginner you should gain some knowledge in trading platform then only you will make good profit otherwise you are not survive in trading.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?
Firstly I want to mention that website doesn't matters.
All you need to focus on is following: Fees, security, support, how trustworthy they are (for example yobit sometimes don't give you your own coins, just freeze you) and some others.
Just consider that facts, on another hand people already mentioned some websites, especially binance, feel free to use it but so your own research about that exchanger in any way, see scam accusations against them.
newbie
Activity: 126
Merit: 0
You can buy from coinbase with your fiate and trade on poloniex or wex.nz . This two exchanges have more volume to make you trade on  and the trading platform seems very simple
member
Activity: 630
Merit: 20
When I was a beginner I used binance exchange to trade some coins. $750 as a starter is just a right amount. Just diversify your portfolio, meaning, buy coins that are worth for a long term hodl and short term. These short term coins can be trade  everyday or every week. May I suggest you to be vigilant in selecting coins to be invested in. There are so many shitcoins and/or stable coins to be choose from.
jr. member
Activity: 155
Merit: 2
I think binance is one of the best trading platform for beginners cause you can easy trade your assets and not complicated other than exchanger platforms also binace have bots the easily buy your coins but better you might search for other popular exchanger platforms that have used by many traders.
member
Activity: 336
Merit: 71
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?

This is a tough question.. and also sort of a complicated one...You kind of have to break it down into two categories... which is just easier to place orders  sell vs what has the ability to help you more as you learn how to trade and has more advanced tools..

First off if you are a new trader as in brand brand new.. welcome to the bigshow.. you definitely are making a good decision to start now over 2-3 years from now when mass adoption kicks in. The biggest problem you'll run into with such a small starting amount is the tendency to overtrade.. I found when I first started that was the case for me, and as my portfolio grew I didn't care so much about the day to day, which made it go much better, not worse.

So anyways, with that said... each exchange has flaws... but some are definitely better... but also some are more advanced than others, so I'll put them in two categories.

Noob Friendly:

GDAX (linked to coinbase) this exchange has low features.. but is easy to move into from Coinbase.. limit orders are free (which trains you not to always market order trade - very important since some exchanges will eat you up on market order fees (especially at only 750.00
Binance - Probably the easiest exchange to use.  Charges low fees for Market and Limit orders so if you need to market order in a pinch, it won't cost you dearly... very high liquidity for coins on offer including BTC and ETH with tether pairs.  The charts are awful, but other than charting and charting tools, this is the easiest for new traders to use.
Bittrex (with caveats) - The new interface is just bad... and it makes it more annoying to use.  The orderbook for bids and asks allow for easier point and click pricing.  This allows you to familiarize yourself with order flow more than most exchanges.  Liquidity is decent (unless its a coin Binance also has.. Binance is the liquidity king for most alts).   I used to be a big fan of this exchange, but the overhaul of the interface is just laughable.
Kucoin - Very similar to Binance in look and feel.  This exchange has had some gems that have made some crazy gains (Dragonchain we love you!).  You will eventually work your way here in your journey and its pretty simple to use.. very similar to Binance but with slightly better charting.  I use it maybe 5-6% of the time, but you will most likely stumble upon here in your journeys.. and it's pretty decent.

More Advanced:
Etherdelta (Windows 3.1 anyone?  Terrible design, and will be hard for new users to grasp.. one fat finger slip and you could accidently sell something at half price or buy something at 10X price because of a missing zero.. still there will be times to use this exchange for cheap coins that just hit the market but I wouldn't use this yet.
IDEX (Same as ether delta with slightly less annoying interface.. you will be here in your crypto trading career but don't start here.. plus speculative just out of ICO coins are not what you should be purchasing on your first few months.
Bitmex - The holy grail of all exchanges... HIGH liquidity.... MARGIN TRADING... This is where you will eventually end up (provided its legal in your country) when you've mastered trading.  This is where dreams and (when homeless) are made of.  Margin trade on up to 100X... once you have mastered all the others... you will find yourself here.. to find your fortune or to maybe leave with one shoe still left.
Bitfinex - Same as above but has Lending as well... you can lend out your bitcoin in periods of not trading to gain interest... its actually pretty good.. go on vacation for a couple of weeks and gain sometimes up to 1% a day on a stack you aren't using.

Some others that may be worth checking out.. but I don't think offer much of merit:

HitBTC
Cryptopia
Kraken

Whatever exchange you use, they all pretty much suck at charts.. so as you get more experienced, try to chart with Tradingview or Coinigy...seriously, its night and day in comparison. 

Good luck, remember don't over trade with small stacks.. less is often more!
newbie
Activity: 140
Merit: 0
I would suggest you to register into as many exchanges as possible - you will need those sooner or later as some very interesting coins are only on small exchanges...Start with Binance (buy some BNB tokens there to lower your transactions fees to 50% + I think BNB is a very good investment opportunity) and also register ad Huobi, Kucoin, Bittrex, Cryptopia.
For newbies I think Idex trading is a part of the deal. market or forkdelta and etherdelta. This will be a great learning experience and the fees are quite low for these places. Do not go to the big floors that will make it difficult for him and may encounter high transaction costs.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?

All trading platforms are identical in terms of interface so I think it will not be hard for you to learned it. What you must research is the associated feedback of the community in a certain platform. Also take note of their verification system as you might not want to have a problem later on.

Because this will be a long research, try to choose a trading platform that is repeatedly mentioned here and test it by yourselves and study their verification and fees terms.

About your capital of $750, well test it to see if it will be a profitable to you. Also removed your expectations of getting profit per month as it's not how trading works. Well then goodluck.
full member
Activity: 546
Merit: 100
Depends if you want to trade Bitcoin or altcoins. If you want to trade mostly Bitcoin that you can go with Bitfinex, Bitstamp or Bitmex. And if you want to trade altcoins than Binance and Kucoin is your best bet. Also if you want to do margin trading than Bitmex and Bitfinex are the best for it with the most liquidity and don't require verification too.
newbie
Activity: 168
Merit: 0
I would suggest you to register into as many exchanges as possible - you will need those sooner or later as some very interesting coins are only on small exchanges...Start with Binance (buy some BNB tokens there to lower your transactions fees to 50% + I think BNB is a very good investment opportunity) and also register ad Huobi, Kucoin, Bittrex, Cryptopia.
member
Activity: 64
Merit: 100
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?

First of all few things to clear up here!

There is nothing like exchanger for beginners or experts! All of them have variances in terms of volumes, market cap, slight price variation etc. They all are can be used by anyone at any level of trading. You can make same profits in the X exchanger and same profits in another Y exchanger because that all depends upon your strategies, techniques and methodology of trading.

So binance, Huobi, Gate etc are the most famous now and then.
newbie
Activity: 122
Merit: 0
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?
The best trading Crypto Exchange I would suggest:
1. Binance – The best overall platform (Currently Open!)
2.Bittrex – Secure but expensive (Currently closed)
3.BitMex
4.BitFinex
5.Coinbase
6.Poloniex
7.Kraken
8.Bitfair - (It hasn't open yet but I would recomemend for you to keep an eye on it)

Regarding you can making a good profit per month that's on you and how you place your trades.



maybe binance is better thanks bro
newbie
Activity: 122
Merit: 0
Well, there's no such thing as trading platform for beginner it's better if you look for an exchange in which you can easily be familiar an exchange in where you can easily understand how to bid, ask, buy, sell, etc. but if you're going to ask me what exchange site is the best i would say that.

The best exchange for me is an exchange that is offering a high security, stable reputation, low exchange and transferring fee. Well this is just according to my own criteria, here are some known exchange sites in the cryptocurrency industry:

- Bittrex
- Poloniex
- Binance
- Coinbase

You can make your own research regarding the best exchange. To answer your question "can i make good profit per month with this amount?" well it all depends in you, in what coin you're going to invest, a strategy you can make. But we have a saying in cryptocurrency trading "The more you invest, the higher the profit."


thanks for your good suggetion
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
the platform itself doesn't make any difference for a beginner because all of them are almost similar with different design. they do have certain features different from each other but these certain features don't matter to a beginner.

as a beginner you need to learn how to trade then learn how does the cryptocurrency market work before you want to invest in it.

my suggestion is using Binance and also I would advise  staying away from Bittrex because it is a shady and scammy exchange.
newbie
Activity: 23
Merit: 0
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?
The best trading Crypto Exchange I would suggest:
1. Binance – The best overall platform (Currently Open!)
2.Bittrex – Secure but expensive (Currently closed)
3.BitMex
4.BitFinex
5.Coinbase
6.Poloniex
7.Kraken
8.Bitfair - (It hasn't open yet but I would recomemend for you to keep an eye on it)

Regarding you can making a good profit per month that's on you and how you place your trades.
member
Activity: 238
Merit: 33
Well, there's no such thing as trading platform for beginner it's better if you look for an exchange in which you can easily be familiar an exchange in where you can easily understand how to bid, ask, buy, sell, etc. but if you're going to ask me what exchange site is the best i would say that.

The best exchange for me is an exchange that is offering a high security, stable reputation, low exchange and transferring fee. Well this is just according to my own criteria, here are some known exchange sites in the cryptocurrency industry:

- Bittrex
- Poloniex
- Binance
- Coinbase

You can make your own research regarding the best exchange. To answer your question "can i make good profit per month with this amount?" well it all depends in you, in what coin you're going to invest, a strategy you can make. But we have a saying in cryptocurrency trading "The more you invest, the higher the profit."
newbie
Activity: 122
Merit: 0
I have total $750 . i want to invest and i want to trade . so which trading platform so best for beginner ?
and can i make good profite per month with this amount ?
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