Taking into account the scale the market and the prospects for long-term investments that open up, many large and not very crypto exchanges have directed their efforts to prepare the infrastructure of their companies to serve traders. To do this, more responsible companies do not just make language changes to the program, but involve specialists in the development, who will be engaged in marketing and serving customers, taking into account their regional needs, which in itself guarantees a high level of service.

How to find the best exchange

Before you start choosing an exchange for trading cryptocurrency, it’s a good idea to figure out your goals, namely, what digital assets you have to work with. After all, trading is a systematic progress according to the planned plan, and not a chaotic movement in the crypto market, buying up everything that grows in price. BTC, LTC, ETH, ETC, XPR and some others remain popular, they are traded on almost all crypto exchanges. While the less popular ones rotate within 2-4 exchanges. By the way, you can download Binance for Windows at https://install.download/ru/windows/binance.

If it is possible to choose from several sites, user reviews left on the Bitcointalk, Reddi forums matter. It does not hurt to get the opinion of those who have been working for them for more than a day. Check the rate of the desired coin on a specific crypto exchange, almost all altcoins can be exchanged for Bitcoin, Ethereum for the rest less often, the exchange price is determined in dollars and this indicator differs by exchanges. It is easier to find data about your coin using crypto services that have a list of platforms that support trading with it, its constituent pairs, cost, sales volumes per day.

Criteria:

• Commission fee for purchase/sale services;
• The size of the minimum deposit and withdrawal;
• Verification. As a rule, a prerequisite on all centralized exchanges and at the discretion of customers on decentralized ones. Verification also determines whether it will be possible to deposit fiat funds into the account or be limited only to payments in cryptocurrency. It all depends on the desire to keep / not protect the volume of their turnovers in secret;
• Payment systems are more dependent on the degree of regulation of the crypto exchange. There is a question of withdrawal / replenishment to disassemble before the rest;
• Tools needed for technical and graphical analysis, rate charts, support for various types of orders to create more profitable trades.

Why choosing the right exchange is important

A correctly chosen crypto platform allows you to trade the coins of interest and earn on them, rather than using those that are. Other benefits:

• A variety of orders makes it possible to form a stop-limit, loss order by independently indicating the desired value, set them to minimize losses if the rate starts to fall;
• Margin trading gives instant credit at the right time;
• The presence of staking will bring, albeit a small, but stable income;
• Entering other exchanges will expand the search for the optimal value;
• Smart technical support will provide assistance at the right time, in the required amount;

Such and similar nuances will be possible to implement if the trading platform is selected according to your needs. But even with careful selection, it is far from always possible to find everything in one place, and therefore most experienced traders register simultaneously on 2-3 different exchanges and switch to work depending on the profitability of the offers.

How to choose a crypto exchange for a beginner

All of the above applies to beginners as well. You need a plan of what to do and build on it. But unlike professionals, beginners need far fewer tools. The important thing is the interface design with a logical placement of tools until he gets used to the principle of operation as a whole. Technical support, communicating freely in an accessible language. The test mode for the first introductory time will help to understand the essence of earnings while avoiding personal financial losses. This will also require auxiliary lessons on learning. An integrated approach at the beginning of trading will have a positive impact on the mood in future trading.