What is the best Cryptocurrency exchanges for beginners?

What is a cryptocurrency exchange?

Cryptocurrency 

exchanges are websites where you can buy, sell, or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.

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What to look out for before joining crypto exchanges

It’s important to do a little homework before you start trading. Here are a few things you should check before making your first trade.

• Reputation – The best way to find out about an exchange is to search through reviews from individual users and well-known industry websites. You can ask any questions you might have on forums like BitcoinTalk or Reddit.
• Trading Fees – Most exchanges should have fee-related information on their websites. Before joining, make sure you understand deposit, transaction and withdrawal fees. Fees can differ substantially depending on the exchange you use.
• Payment Methods – What payment methods are available on the exchange? Credit card? Debit card? Wire transfer through your bank account? PayPal? Can you trade with USD EUR? If an exchange has limited payment options then it may not be convenient for you to use it.

Which crypto exchanges are best to buy bitcoin?

Today there are a host of platforms to choose from, but not all exchanges are created equal. This list is based on user reviews as well as a host of other criteria such as user-friendliness, accessibility, fees, and security. Here are ten of the best crypto exchanges in no specific order.

Best cryptocurrency exchange list:

Bitbuy

Bitbuy is a Canadian owned and operated digital currency platform. Originally founded as InstaBT in 2013, the company’s mission is to provide convenient, dependable and secure access to bitcoin and other digital currencies. Customer service, ease of use, and quick turnaround times for deposits and withdrawals are pillars of this platform.

ChangeNOW

ChangeNOW is a registration-free instant cryptocurrency exchange platform for limitless crypto conversions. ChangeNOW has been on the market for more than a year now and has earned a reputation for reliable service with great rates. The exchange platform does not require account creation, processing fast transactions for more than 170 cryptos, as well as fiat-to-crypto purchases. ChangeNOW stays honest with its customers and collects no hidden or inflated fees. The timing of the transaction remains rather short.

Coinjar

Established in 2013, CoinJar is the easiest way to buy, sell, store and spend cryptocurrency. CoinJar’s iOS and Android apps allow users to trade cryptocurrencies on the go, while CoinJar Exchange and CoinJar OTC Trading Desk cater to professional traders, as well as individuals and institutions looking to make larger transactions.

OKEx

OKEx is a cryptocurrency exchange that allows users to buy, sell, and trade Bitcoin, Ethereum, and

other cryptocurrencies safely and easily. The intuitive platform with sleek user-interface makes it easy to

do market buys, check cryptocurrency prices, and more. The exchange focuses not only on spot and

margin trading, but also has advanced features for derivatives like futures, perpetual swaps, and

options.

Xcoins

Xcoins is a European-based leading cryptocurrency exchange platform. Since its launch in 2016, the easy to use platform has served over 250,000 satisfied customers worldwide. Xcoins offers a quick and secure solution to purchase cryptocurrencies with 24/7 live support. They cater to beginners, as well as experienced crypto-veterans, and support more than 167 countries.

Coinbase

Backed by trusted investors and used by millions of customers globally, Coinbase is one of the most popular and best crypto exchanges in the world. Coinbase platform makes it easy to securely buy, use, store, and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone or through trading with other users on the company’s Global Digital Asset Exchange (GDAX) subsidiary. They can easily sell their.

Kraken

Founded in 2011, Kraken is the largest cryptocurrency exchange in euro volume and liquidity and is a partner in the first cryptocurrency bank. Kraken lets you buy and sell bitcoins and trade between bitcoins and euros, US Dollars, Canadian Dollars, British Pounds and Japanese Yen. It’s also possible to trade digital currencies other than Bitcoin like Ethereum, Monero, ethereum Classic, Augur REP tokens, ICONOMI, Zcash, Litecoin, Dogecoin, Ripple and Stellar/Lumens. For more experienced users, Kraken offers margin trading and a host of other trading features. Kraken is a great choice for more experienced traders. Check out the Kraken FAQ.

Cex

Cex.io is one of the best cryptocurrency exchange that provides multiple payment options for using bitcoin and other cryptocurrencies. The platform lets users easily trade fiat money with cryptocurrencies and conversely cryptocurrencies for fiat money. So, if you are a beginner, this is one of the best crypto exchanges that you can use to get started.

ShapeShift

ShapeShift one of the leading cryptocurrency exchange that supports a variety of cryptocurrencies including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many others. Shapeshift is great for those who want to make instant straightforward trades without signing up for an account or relying on a platform to hold their funds.

Poloniex

Founded in 2014, Poloniex is one of the world’s leading cryptocurrency exchanges. The crypto exchange offers a secure trading environment with more than 100 different Bitcoin cryptocurrency pairings and advanced tools and data analysis for advanced traders. As one of the most popular trading platforms with the highest trading volumes, users will always be able to close a trade position. Poloniex employs a volume-tiered, maker-taker fee schedule for all trades so fees are different depending on if you are the maker or the taker. For makers, fees range from 0 to 0.15%, depending on the amount traded.

Bitstamp

Bitstamp is one of the best bitcoin exchange based out of Europ. It was founded in 2011 and is one of the first generation bitcoin exchanges that has built up a loyal customer base. Bitstamp is well known and trusted throughout the bitcoin community as a safe trading platform. It offers advanced security features such as two-step authentication, multisig technology for its wallet and fully insured cold storage.