If you are interested in cryptocurrency trading and want to try yourself in this field, you should make some small research on the following issues:
- You should understand which option suits you better – long-term investments or intensive cryptocurrency trading.
- Pick the trading strategy. There are many of them, and you may try each of them on demo accounts available on some platforms.
- Learn how to read crypto charts. All large platforms provide graphs to see how the crypto rates changed over time.
- Pick an asset you would like to purchase.
- Select a crypto exchange for operations and transactions with assets.
We will talk about how to pick a crypto platform in detail. You should keep in mind many factors when choosing a crypto exchange. Every trader has their own opinion on what is a good crypto platform – some make conclusions based on the fee policy, others look for a comprehensive list of coins available, and others put convenience and fast work as a priority.
You should also study the reputation of each specific crypto platform and read user reviews. Check the daily trading volume, pay attention to the size of fees, registration demands, available methods of depositing and withdrawing funds, as well as the simplicity and accessibility of the interface. If you are a beginner, pay attention to the possibility of opening a demo account (we have mentioned before), which allows you to learn and practice trading assets without risking real money. Try, for example, the WhiteBIT exchange. It allows to practice trading using domestic coins that cannot be lost or cashed out. It can be an excellent experience to understand which trading strategy suits you better.
Also, this platform allows users to make passive income from Smart Staking, trade with leverage, and carry out p2p and spot exchange.
Top Platforms for Buying Crypto
We have come up with a list for you to choose your best trading platform for cryptocurrency:
- Binance
- Okex
- WhiteBIT
- Huobi Global
- KuCoin
- Kraken
All of these platforms have impressive daily trade volumes and customers all around the world. We strongly recommend using one of these platforms, for they provide honest and transparent service on all levels. The fee policy of these exchanges may be different. It may depend on trading volume, the way you deposit your account (payment system), and the type of order you set. Each of the crypto exchanges provides high-quality customer support, where you will receive help on all issues you face working with the service.
