February 23rd, 2022 | Updated on June 25th, 2022
Before you start your Cryptocurrency career, the first thing that you must do is to have a trading platform. Choosing an exchange is important as this has a great impact on your career in the long run – it can either help your career grow or put an end to it. Additionally, It’s important to choose the platform that aligns with your goals and needs.
To do this, there are many vital factors that you should consider, such as security, trading fees, user-friendly features, customer support, and a number of available Cryptocurrencies.
With the long list of Cryptocurrency platforms in the market, it is easy to get lost and confused about which one to start your career with. Keep in mind that there are things to look for in a Cryptocurrency platform to ensure you start your career on the right path.
To give you an idea, we’ve compiled the three Cryptocurrency trading platforms that are best for beginners. Check it out and identify which one suits your goals and needs.
Binance US
With a 4.9-star rating due to its benefits and conditions, it’s no wonder that Binance US takes the number one spot. Offering about 50 different Cryptocurrencies that are available for buying, selling or trading, Binance US gained positive customer feedback on the market.
Along with the wide array of choices, this platform boasts minimal spot and general trading expenses and a high-security rating.
While Binance US’ training tools are not of the highest quality compared to its other partner, Binance Academy, millions of traders and investors still flocked and used this platform to start their careers.
This simple, form-based platform is created for transactions under $10,000, which allow users to buy, sell, trade or convert their cryptocurrencies.
On the other hand, advanced users have the options of trading order types such as market, like limit, and stop-limit. Also, the users have the freedom to use the two powerful trading dashboards of the platform, which provides important data like 24-hour high lows, trading volume and spot price.
Bitcoin Era
Bitcoin Era is an ideal choice for traders who are not a fan or slow trading programs and applications to load. This exchange displays quick trade completion technology that has been proven to be seconds faster than other platforms.
Plus, its system keeps track of all patterns that emerge most of the time and ensures that they stay on track while handling different tasks.
Bitcoin Era’s system automatically modifies any trading parameters specified by the users. The system’s guidelines include low and high totals, such as the user’s preferred currencies.
This trading platform can be activated by traders anytime and scans the Cryptocurrency market for the best trades. In addition, the platform’s payout system checks the users’ profits automatically, meaning users can either reinvest the profit in the market or take the whole profit.
Bitcoin Era follows a unique system that assists its traders in maximising their profits from the market. This platform’s system studies the market in real-time through an artificial intelligence-based algorithm and hunts for the best profit opportunities based on many factors like historical data and volume fluctuations.
Plus, the artificial intelligence that the system incorporates studies the market movements and confirms some triggers which affect how transactions get carried out.
Coinbase
Coinbase is currently the most popular and used crypto trading platform among crypto enthusiasts in different parts of the world. Since it was founded in 2012, the number of investors who engage in the platform has constantly been increasing, and throughout the years, the number just shows a positive rise.
Coinbase is the most recommended platform for new investors due to its features such as the user-friendly design, easy, welcoming process and a $5 Bitcoin giveaway just for creating an account.
Newbies who are not yet familiar with how everything in crypto works would be pleased about this platform’s easy to navigate interface, which allows them to purchase different cryptocurrencies in the simplest way.
Similar to how advantageous it is to newbies, Coinbase is efficient to experienced traders as well. It also provides advanced, powerful tools for power investors that don’t need a refresher and want to dive into a cryptocurrency exchange to start trading.
On the downside, this platform holds a higher price and a few payment options compared to other cryptocurrency exchanging sites. Plus, it follows an intricate fee structure, which makes traders pay high trading charges onto their trades.
Throughout the years, the continuous development of the cryptocurrency market has been popular among individuals and firms. Until now, crypto enthusiasts have kept their eye on the promising profits of digital currency.
So, if you want to start a crypto trading career, it’s wise to invest some time doing research and studying the Cryptocurrency exchanges that are available in the market and figure out which ones align with your cryptocurrency goals.