If cryptocurrency has finally piqued your interest and you want to start buying, selling, and trading crypto, you need to create an account with a cryptocurrency exchange. However, there are hundreds of them in the market. Here are crypto exchanges that new and experienced traders can rely on in 2023:
Coinbase
Coinbase is a popular crypto exchange, and one of the most user-friendly options for beginners. It supports multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. Coinbase also provides a mobile app that enables users to buy, sell, and trade on-the-go.
Binance
Binance is a leading crypto exchange with a vast range of trading options. It offers both basic and advanced trading interfaces, making it suitable for both beginners and experienced traders. Binance also offers a mobile app for trading on-the-go.
Kraken
Kraken is a reliable exchange that is known for its robust security measures. It offers a wide range of cryptocurrencies and supports fiat deposits, making it easy for beginners to start trading. Kraken also has a user-friendly interface, making it easy to navigate.
Gemini
Gemini is a New York-based exchange that is highly-regulated, making it a secure platform for beginners. It offers a user-friendly interface and supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more.
Tokex
Tokex is a cryptocurrency exchange that offers a user-friendly platform for individuals to purchase cryptocurrency using credit cards or wire transfer. Users can create an account, complete verification processes, add their credit card or bank account information, select the cryptocurrency they want to buy, and complete the transaction.
KuCoin
KuCoin is a Hong Kong-based exchange that offers a user-friendly interface and supports multiple cryptocurrencies. It also has a mobile app that enables users to trade on-the-go.
eToro
eToro is a social trading platform that enables beginners to learn from experienced traders. It supports a wide range of cryptocurrencies and offers a user-friendly interface.
Minimize Risks By with the Right Exchange
Choosing the right crypto exchange can be challenging, especially for beginners. The above list highlights the top seven crypto exchanges that are suitable for newbie crypto traders. It's important to note that before you start trading, it's recommended that you do your research, understand the risks involved, and only invest what you can afford to lose.
