Every day more people are paying attention to the idea of being a part of the crypto area, apprehending the benefits that is bringing to the society. Some enjoy being a member on this sphere for the technology part, while some on the other hand, like to be a part of the cryptoland because great money are involved and expected to be earned.
In every sphere of life when you get involved on something new, you must always remember that you are considered as a beginner even though you expect faster results on a respective field. As you make a fresh start, with the reliable sources, school education, or most importantly self-education, you – as a new individual on a specific area – will succeed.
Along with these lines, Ethereumworldnews.com wants to give you the first hand, also is and wants be your one-stop solution for all crypto-related misunderstandings if you are just at the first steps of entering the dynamic journey in the cryptosphere and likewise guidance you to become a professional at cryptocurrency industry.
Ethereumworldnews.com has been here for over a year and we acquired to reach more than 3 million people like you – the ones that desire to be experts on the crypto area. Consequently, I am here again today to help you obtain extended knowledge, and tell you some of the best crypto trading website/exchanges for beginners.
Even though I was a complete novice when I started, it was pretty clear to me what I wanted before choosing which cryptocurrency trading website/exchange I have to use. Some of them were:
- Ease of usage and UI
- Security of funds
- Past performance
- Development team
- Geographical Operations Map
Currently, the ones mentioned above still seem to be applicable on the same way.
Considering this guideline, I will show you some of the best websites to buy and trade your cryptocurrencies.
5 Best Crypto-Trading Websites for Beginners:
One of the trading-websites that has been ruling the crypto industry for many months now, is Binance.
This exchange fits well with the new members entering the journey of crypto market. The company has reached to gain a lot of popularity due to its low trading fees. They have an inbuilt option in their UI to switch between the two modes, a feature that makes their UI very easily approachable.
Furthermore, you will never have problems with situations of market fluidity while using Binance because it persistently ranks in top 5 exchanges on CMC by volume.
Additionally, if you choose to use their native BNB tokens while trading, you will be offered with a discount up to 50% in your trading fees, which is considered as a big amount if you are aiming to be a regular crypto trader. If you start as early as possible via BNB, the more benefits of saving you will receive. (Buy BNB Tokens Here)
- If you choose to trade on Binance:
- Fees: 0.1% (claim up to 50% discount)
- Accessible Globally
Second best place on crypto-trading website takes KuCoin. For the last 6 months it has been receiving a lot of transactions and traders seem to be very satisfied with its method. They are serving the industry with the superior customer service and a good enough UI/UX.
It ranks in top 25 exchanges on CMC and one of its main benefit for costumers KuCoin Shares is good to HODL because it uses and exchange that follows a profit-sharing system and distributes 50% of their daily overall trading fee revenue to users holding their exchange-based token, KuCoin Shares (KCS).
KuCoin is one of the rare exchanges that pays you NeoGAS for holding NEO on it.
- Start Trading on Kucoin
- Fees: 0.1%
- Accessible Globally
Without mistrust, Changelly is considered as one of the easiest to use cryptocurrency exchanges in the market. The procedure is very simple, you can easily send one currency and substitute it of another supported currency.
Changelly requires you to sign-in with your email ID, but delightedly it does not require you to go through the monotonous KYC process.
Via Changelly it’s easy to use exchanges if you are interested on buying cryptocurrencies through debit/credit cards. Currently, it supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR.
To conclude with, Changelly charges a commission fee of 0.5% on each trade, which is minimal in exchange for the volatility and risk that they bear on behalf of their users.
Another well-known Bitcoin and cryptocurrency exchange is Coinbase, that is mostly used for buying/selling cryptos like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
You can deposit your fiat currency (USD, EUR, GBP etc) into Coinbase and easily gather your cryptocurrencies that you can later withdraw in a Ledger Nano S or Trezor-like device.
A bonus that Coinbase offers you is that it allows you to buy cryptocurrencies via credit/debit cards. I will reveal you some simple steps on how you can buy cryptocurrencies on Coinbase:
- Register at Coinbase.
- Complete photo ID verification.
- Go to the payment methods page
- Click on +Add Payment Method on the right-hand side.
- Choose Card and add the credit/debit card.
- Accept and allow Coinbase to make two small transactions.
- Coinbase will make two very small test transactions between 1.01 and 1.99 in your local currency. Log in to your card statement account and note the amount of those transactions.
- Enter the amounts transacted in the Coinbase app.
Another easy reachable website for buying/selling cryptocurrencies is CEX.io, mainly because their UI is effortless and uncomplicated and also their past track record is brilliant.
CEX (linkun) is a Uk based exchange and it has been on serve for 5 years now.
Just as Coinbase you can deposit fiat currencies like EUR, GBP, USD, RUB etc on CEX to buy/sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Stellar, and Ripple.
Also it should be mentioned and remembered that their main traffic is from fiat currencies (They are in top 35 cryptocurrency exchange as per CMC), so when speaking in terms of liquidity, they don’t seem to have any problems).
Their beneficial element of letting traders buy cryptocurrencies via debit/credit card also makes it easily approachable for beginners.
You can buy cryptocurrencies by following these simple steps (taken an example of Ethereum):
- Register at CEX.
- Go to Cards.
- Configure your credit/debit card.
- Verify your credit/debit card.
- Select the amount of Ethereum to buy/sell.
- Exchange your currency for Ethereum.
The card verification takes 24-48 hours, but post that, you can buy ETH instantly. Consequently we always notify users to keep your card configured in CEX even if your plans don’t consist of buying ETH immediately.
Here is a video guide to help you on how to link a credit/debit card on CEX.IO:
Now it’s your turn to tell us: Which one of these exchanges do you like the best? Let me hear your thoughts in the comments below!
If you liked this post, don’t forget to share it on Twitter & Facebook!
Source : Ethereum World