The cryptocurrency market has been expanding in recent years and a large number of new investors is interested in purchasing digital assets. The best way to do so is by using cryptocurrency exchanges. However, doing this is not an easy task for beginners, this is why we, at AltSignals, decided to create a guide related to the best cryptocurrency exchanges for beginners.
In the next sections, we will share with you which are the best cryptocurrency exchanges for beginners. We will be telling you the best features of each of them and how you can buy cryptocurrencies using these platforms in just a few minutes.
In this list of the best cryptocurrency exchanges for beginners, you will be able to select the best virtual currency exchange in the market and how you can buy cryptocurrencies in just a few minutes.
In order to decide which are the best cryptocurrency exchanges for beginners to buy cryptocurrencies, we have selected a list of platforms that have easy-to-use deposit and withdrawal methods and that support several fiat currencies.
Coinbase is by far the easiest cryptocurrency exchange to use. This platform has been expanding over the last few years as the platform to use by newcomers to buy cryptocurrencies. This exchange can be used by both expert and new traders that want to gain exposure to digital assets.
Coinbase is also offering users the possibility to deposit funds using a Bank Account and also debit or credit cards. This makes it easy for people that do not have virtual currencies to acquire Bitcoin (BTC) and to buy cryptocurrencies.
Furthermore, it is also possible to withdraw funds in USD, EUR or GBP - depending on where you are - to your bank account or even debit card. If you have made some profits with your account or you just want to withdraw your fiat currencies, you can do it with a bank account or your debit card.
Binance is also one of the most popular cryptocurrency exchanges in the world. This platform launched in 2017 allows users to deposit fiat currencies and start trading them for virtual currencies.
Binance has created a wide range of fiat on-ramp solutions for individuals to have access to the virtual currency market. Binance offers users a wide range of trading pairs, including the largest ones and also several tokens from Initial Coin Offerings (ICOs).
This could be a great platform for users to diversify their portfolios and enjoy several crypto services and products. Indeed, Binance has been expanding to offer new DeFi solutions to individuals that are using the platform.
In the future, the platform could be even more useful for investors that want to have access to virtual currencies. If you want to withdraw your funds, Binance would not allow you to do so in such an easy way as Coinbase. This is something you should consider before using Binance.
If you really want to have fast and easy access to the virtual currency market, then ShapeShift will also be a great platform to take into consideration. Shapeshift will be offering users th possibility to acquire virtual currencies with fiat methods in just a few minutes.
You can also sell altcoins and most of the cryptocurrencies in the world besides exchanging tokens with each other. The main benefit of this platform is not the advanced features but the ease of usage.
This is going to be the killer feature of this application and this is also why we have added ShapeShift in our list of Best Cryptocurrency Exchanges for Beginners to buy cryptocurrencies.
Changelly is also going to be a good alternative to ShapeShift. Indeed, ShapeShift and Changelly are competitors. Some experts believe that this could be the most popular exchange platform in the world. Due to the fact this is not a custodial exchange, they will not be handling any deposits of funds.
The platform will be working as an exchange to give you the virtual currencies you want in just a few seconds and without having to deposit funds as it happened in Binance or Coinbase. Thus, consider it to be one of the best platforms to handle cryptocurrencies.
In this post, we have shared with you information about the best cryptocurrency exchanges for beginners to buy cryptocurrencies. You will be able to acquire Bitcoin and many other virtual currencies in just a few seconds and with different fiat currencies.
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