Stock Exchange 👍

Well, my dear reader! It's time to talk about exchange itself. I personally believe that cryptocurrency has enabled many to try their hand in trading stocks. Consider for yourself, this cryptocurrency is a rather new asset. It still lacks lots of complexities to which the stock and securities are exposed. You don't need an intermediary (exchange broker) to start trading because registration on your own is still available on many of them. Cryptocurrency exchange appears every year, and some of them disappear (one of the reasons why you cannot keep your funds on the exchange). Nonetheless, if you decide to try your hand on it, in order to start, you should choose an exchange.

It is unnecessary to register at once with several different exchanges. For the starters, one will do. A list of the top most popular and most reliable exchanges can always be found on the internet. I offer you a short list of exchanges, which are surely suitable for a beginner.

EXMO
www.exmo.com

The office of this exchange is in Great Britain. The advantage of this exchange is in the simplicity of the interface, a small commission, and good technical support. Besides bitcoin and other coins, the exchange trades with some fiat money, including USD and Euro. You can withdraw your earnings on any plastic card. The commission for any transaction is 0.02 percent.

KuCoin
www.kucoin.com

This is the Hong Kong, actively growing cryptocurrency trade, launched in the middle of September 2017. The exchange operates quickly and is stable. It trades in many currency pairs, and has its own mobile application. There is 24/7 customer support provided. For small quantities, the mandatory verification is not required. The commission is 0.01 percent, and for some other coins, could be even 0% percent at all.

Poloniex
www.poloniex.com

The Poloniex Exchange is one of the largest in the world. It was founded in 2014. The exchange offers the biggest number of currency pairs for trading. The advantages: a simple interface, good analytical tools, and a cheap commission from 0 percent to 0.25 percent. The disadvantages: a lack of a mobile application, slow work process (compared to other exchanges), and customer support works only through e-mail. Also, there is no fiat money on this exchange, so withdrawal of funds is possible only in the cryptocurrency. Generally speaking, if you are a beginner, it won´t be difficult for you to understand this exchange.

HitBTC
www.hitbtc.com

The exchange was founded in 2013. It trades the most popular currency pairs in a large amount. This list is constantly replenished. Here, on HitBTC, you can trade with fiat money, too. This exchange was originally developed for users of different levels; therefore, the site is perfect for beginners to trading as well. Unfortunately, there is a commission not only for transactions, but also for a deposit in bitcoin. Thus, if you have a small amount, it is better to start working with another exchange.

Binance
www.binance.com

Binance is one of the youngest and most popular exchanges. The registration here is quite simple. There is a possibility to trade with a large amount of currency pairs. The low commission—0.01 percent. One of the biggest advantages of the exchange is its high productivity. Binance can handle about 1.4 million orders per second! There is no fiat money on this exchange, but in 2018, it became the first in terms of trading volume. Its simplicity and popularity deserves our attention; therefore, in the future, we will focus more on it.

We'll show you how to register, start and withdraw money, and also engage in trading on those exchanges using Binance as an example. My reader, it doesn't mean that you need to register on Binance only. The principles are considered applicable to any of the exchanges that were described above.