8 Cryptocurrency Trading Sites For Beginners

The crypto world is continuously expanding and there are new coins joining the crypto bandwagon almost every few days. If you have decided to start trading in cryptocurrencies you will need a site or platform that makes trading easy. Here are some of the relatively easy-to-use platforms that may be good for newcomers:

Binance: This exchange has been dominating the crypto world in recent times and is considered to be beneficial for both the experienced traders and newcomers. You can switch between the beginner and advanced modes using their UI built-in option and this is why this platform is regarded as being user-friendly. Binance features in the top 5 exchanges worldwide in terms of volume; so, you will not face a liquidity problem here. It has apps for trading on iOS and Android devices. Not only the exchanges, even the new bitcoin investors have started using automated bitcoin trading software applications rather than spending too much time on manual trading. Check bitcoinsuperstar.io to learn more about automated bitcoin trading bots and their effectiveness in delivering good results.

KuCoin: This exchange has become popular because of the efforts of its team of developers to create an easy-to-use UI. It features amongst the top 25 exchanges in terms of trading volume and has a program allowing addition of new tokens and coins on a regular basis.

Bitfinex: This has been around for longer and good for a beginner; it is similar to the Bittrex but deals in fiat currencies like the EUR, USD, and GBP. Here also, there is no liquidity issue because trade volumes are impressive. The user interface is clean and the instructions make it easy for anyone to start using this platform for trade. Once you provide your personal information and ID verification, it takes about 20 days for approval.

Changelly: This is an easy-to-use exchange and you may simply send a currency and exchange it for another. There is no cumbersome KYC process although you must use your email ID to sign in. Changelly supports 35 crypto coins and fait pairs like EUR/USD. It charges 0.5% for every trade as commission and this is quite less considering the risks and volatility it bears for its users.

Coinbase: This platform lets you trade Bitcoin, Litecoin, Bitcoin Cash, and Ethereum. All you have to do is deposit your fiat currencies and you can gather your crypto coins for withdrawal later through a Trezor or Nano S device.

CEX.io: This is another website with solid reputation for being an ideal platform for buying and selling crypto coins for a beginner. It has an easy-to-use interface and boasts of a solid track record. This UK-based exchange has been operational since 2013 and you may deposit currencies like GBP or USD, and buy or sell crypto coins like Ethereum, Bitcoin, Stellar, Ripple, etc.

BitMEX: This exchange is managed by professional developers, economists and algorithm traders. It is a busy cryptoexchange and you may trade crypto coins in exchange for currencies like Japanese Yen, USD, and Chinese Yuan. There are useful tools for beginners and you can buy or sell Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, Litecoin, etc.

Bittrex: This is a Seattle-based cryptoexchange holding a high position in terms of trading volumes, right after Bithumb and Bitfinex. It is a preferred tool for Bitcoin investors and one of the most trusted exchanges out there since it has not experienced any major hack since its inception. The platform is secure and a multi-stage wallet feature ensures that user funds are placed in secure online storage. It guarantees high speed transactions and instant withdrawals and verifications.

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