However, being more of the tradional exchange that it is, traders may swap their Bitcoin for other coins. Get my (free) video course If you liked this article, you’ll love my (free) course that shows you how to make a profitable trade. Great for: Those with access to the Korean Won and looking for an easy place to trade it for popular cryptocurrencies. Best UI: Poloniex Although there are exchanges that offer great technical analysis tools in their UI, a lot of traders tend to use other services such as Coinigy or TradingView for that kind of stuff anyway. Bithumb Altcoin support: Low Transaction fees: Low Bithumb regularly sits among the leaders in trading volume despite being an exchange exclusively for Koreans (or at least those using the South Korean Won as their currency). There is currently no fees for moving funds from Coinbase to GDAX as they are partner platforms. Best Altcoin Selection: Binance Binance offers one of the widest altcoin selection on the market. Great for: Traders looking for an alternative to something like GDAX. Exchanges make their money by charging small fees on the transactions that take place on their platforms. Another very unique feature of Binance is it’s incubator.
There are many factors that go into a good exchange, the obvious being reputation and security. The UI is good, order book is active, and the trading section integrates with TradingView (one of the leading technical trading platform). make it the go-to platform for investors and traders all around the world best cryptocurrency exchanges for beginners. Coinbase is very beginner friendly and often the choice for traditional investors looking to just get their hands on some Bitcoin. elsewhere and sent it to your Binance account. Both Coinbase and GDAX use a simple and clean user interface that should be intuitive to figure out best cryptocurrency exchanges for beginners. Cobinhood provides an ICO underwriting service. Let’s run through a handful of the top exchanges, identifying the pros and cons of each so that you can choose the best one for you. It’s UI very much resembles GDAX (a very solid UI). There are tons of cryptocurrency exchanges out there, and there’s a chance we see others emerge as the crypto craze continues to grow.
They simply provide a marketplace for buying/selling/trading cryptocurrencies. Coinbase’s high reputation with account creation, security, etc. ShapeShift Transaction fees: Low Shapeshift of the most unique exchanges out there.Factom.. Asian investors will have to look elsewhere, as only Singapore is supported. With recent news that China has banned cryptocurrency exchanges, there is reason to be weary, however Binance is registered outside of China and so is not currently subject to this ban. Coinbase/GDAX Transaction fees: No maker fees, moderate taker fees One of the most reputable and well-known platforms, Coinbase supports 32 countries spanning from North America, through much of Europe, the UK, and Australia. Although there are only a handful of coins available for margin trading, this is a very welcome feature that seems to be pretty rare to find in the current state of crypto exchanges. Leave a comment belowWhy do I have to complete a CAPTCHA. .Decentraland.