Taking the plunge into exchanges can feel like like a minotaur’s maze to cryptocurrency newbs without the guide. You’re not alone — lots have traversed this cryptic labyrinth before you. Some have emerged as financial demigod, others, not so much.
Before you go diving in, much like Scrooge on Christmas morning, you might be thinking about Bitcoin, Ethereum, or a few Dogecoins to put into your pockets. Ready to start trading best crypto exchange? Not so fast, you need to get to an exchange first. By the way, picking the wrong one has a fair chance of coming back to hurt you. So safety first, or at least a good shopping list of options.
You might have heard of Binance, a place you can compare liken to a farmers market – only you buy vegetables… Think bananas, but swaps out regular produce with cryptocurrencies. At first glance it may look like a maze but it is a place that attracts billions of transactions. So many cryptos to choose from, you’ll find yourself in a ‘juice bar’ of crypto trading.
Then there’s Coinbase, the Apple of exchanges. So easy even your grandmother could use it. But it comes at a premium, this is the Armani suit of crypto right here.
Thinking about KuCoin? It’s the speakeasy of current times. Lots of cool coin options to choose from and it has a little bit of mystery tied to its name. Its fees are low and often comes out with great promotions. Just be sure that functionality accompanies the allure.
On the flip side you have Kraken, a safe harbor for those seasoned traders who are serious about Crypto. The casual observer might find the interface overwhelming but think of trading cryptocurrencies here as slotting pawns in a chessboard rather than playing checkers.
If this Wall Street jargon isn’t to your liking, then Gemini might be up your alley. Started by two brothers with a dream, this refuge is more fitting for beginners and experienced individuals alike. Security and super easy interface is what you get bundle here but sometimes granny is on her bike.
What are you looking to do? Pry, your eyes on privacy chips and you want a little less daylight robbery on those fees, then this decision is where it all begins. Tracking your financial future through the world of crypto. Choose wisely people. These waters are deep Onceler so you want to know how to navigate around lucratively. Just don’t jump in headfirst, keep sailing and keep learning.