Cryptoland continues to heat up and more and more beginners are joining this crypto revolution every day. While some are in the cryptosphere for money, others are in for technology, such as the Chtech-ID team.
Whatever your reason for getting involved, you need to remember that everyone who excels in their field has always been a beginner. And since then, with the right resources and independent education, that person has succeeded.
On the same line, ChTech-ID would like to be your guide for all questions related to cryptocurrencies if you are just starting your journey in cryptoland and help you become an expert in dealing with cryptocurrency. And that 's our reason today for letting you know about some of the best crypto trading / exchange websites for beginners.
When starting, as a beginner, many was pretty clear about what they wanted before choosing a cryptocurrency trading website / exchange. Includes:
-Easy to use and UI
-Fund security
-Price appearance
-Development team
-Geographic Operation Map
And to this day, I see them the same way.
With these parameters in mind, let me provide the best website to trade your crypto.
Binance
The Binance Exchange Trading Website now needs no introduction as it has been ruling the crypto market for months. This Exchange Website is great for both beginners and advanced users. They also have a built-in option in their UI to switch between the two modes, a feature that makes their UI very user friendly. Plus, you will never face liquidity problems when using Binance as Binance continues to rank in the top 5 exchanges on CMC by volume. Additionally, if you use their native BNB token when trading, you can get up to 50% discount on your trading fees, which is a huge amount if you want to become a full-time crypto trader. The sooner you get started via BNB, the more you will save in the long run. And the coolest thing found is that they have the most advanced and easy to use mobile app for trading cryptocurrency on Android as well as iOS.
CEX.io
CEX.io
Is another well-known website for buying / selling cryptocurrency for beginners as their UI is very easy to use and their past track record is pretty good too. CEX is an exchange based in the UK and has been operating since 2013. Similar to Coinbase, you can store fiat currencies like EUR, GBP, USD, RUB etc on CEX as well and buy / sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Stellar, and Ripple. In terms of liquidity too, they are doing well, not forgetting that their main traffic is from fiat currencies. (They are in the top 35 cryptocurrency exchanges as per CMC). Their feature that allows users to buy cryptocurrency via debit / credit card also makes it an easy-to-use option for many newbies. You can buy cryptocurrency by following these simple steps (take Ethereum for example):
Register on CEX. Open Card. Configure your credit / debit card.
Verify your credit / debit card. Select the amount of Ethereum to buy / sell.
Exchange your currency for Ethereum. Card verification takes 24-48 hours, but after that, you can buy ETH instantly. That's why we recommend that you keep your card configured on CEX even if you don't have any immediate plans to buy ETH.
Additionally, they have a wider range of countries than Coinbase with a mobile app for Android and iOS versions.
Coinbase
Coinbase
Is a Bitcoin and other popular cryptocurrency exchange that one can use to buy / sell cryptos such as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. You can deposit your fiat currency (USD, EUR, GBP, etc.) to Coinbase and easily collect your cryptocurrency which you can later withdraw on devices like the Ledger Nano S or Trezor. Coinbase has also come in handy because it lets you buy cryptocurrency via credit / debit card. You can buy cryptocurrency on Coinbase by following these simple steps: (However, check if their service is available in your country here.)
Register on Coinbase. Complete photo identity verification. Open the payment methods page. Click + Add Payment Method on the right side. Select Card and add a credit / debit card. Accept and allow Coinbase to make two small transactions.
Coinbase will make two very small trial transactions between 1.01 and 1.99 in your local currency. Enter your card checking account and record the transaction amount. Enter the amount transacted on the Coinbase application.
KuCoin
KuCoin
Is a brilliant crypto exchange that has received a lot of traction over the past 6 months. Its appeal is not surprising given the team behind it and a UI that is easy to use & navigate. In terms of volume as well, it is ranked in the top 25 exchanges on CMC and has a program where they keep adding new coins / tokens on their exchange regularly.
Also, from a beginner's point of view, KuCoin's native token namely KuCoin Shares is great for HODL because it gives you extra smart passive income in the form of exchange fees. Start Trading on KuCoin Fees: 0.1% Globally Accessible.
So you see for beginners there are also many of the many options available in the crypto field.
Remember that all of these exchanges are centralized. Therefore, it is highly recommended that you don't use it as your day-to-day wallet for HODLing cryptocurrency for the long term.
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