Top 5 beginner friendly crypto exchanges in 2022

beginner friendly crypto exchanges

In the past few years, cryptocurrency has taken the world by storm. With Bitcoin and Ethereum leading the pack, more and more people are looking to get involved in the crypto market. However, for those just starting out, the process of setting up an account on a beginner friendly crypto exchanges can be daunting. In this article, we’ll walk you through the five most beginner friendly exchanges so that you can start trading crypto with confidence!

1. Binance

Binance is a popular cryptocurrency exchange that is beginner friendly. The platform is easy to use and has a wide variety of features.

One of the best things about Binance is that it offers a demo account. This allows users to try out the platform before they deposit any real money.

The demo account comes with $10,000 in virtual currency. This is a great way for beginners to get started with trading without any risk.

Binance

Another great thing about Binance is that it offers a mobile app. The app is available for both iOS and Android devices. The app is very user-friendly and has all the same features as the desktop version of the platform. This makes it easy for users to trade on the go.

Binance also offers a variety of different deposit and withdrawal methods. This includes credit/debit cards, bank transfers, and cryptocurrencies. This makes it easy for users to deposit and withdraw funds from the platform.

Overall, Binance is one of the best cryptocurrency exchanges for beginners. It is easy to use, offers a demo account, and has a mobile app. It also offers a variety of different deposit and withdrawal methods.

2. BitMEX beginner friendly Crypto Exchange

BitMEX is a popular cryptocurrency exchange that is beginner friendly. The platform is easy to use and has a user-friendly interface. BitMEX also offers a demo account so that users can test the platform before trading with real money. In addition, the exchange offers 24/7 customer support.

Bitmex Website

BitMEX is a good choice for beginners because it is easy to use and has a user-friendly interface. The platform also offers a demo account so that users can test the platform before trading with real money. In addition, the exchange offers 24/7 customer support.

3. Bitfinex

Bitfinex is a beginner friendly crypto exchange that offers a wide range of features for its users.

The first thing that makes Bitfinex beginner friendly is its user interface. The interface is designed to be simple and easy to use.

There are clear instructions on how to buy and sell cryptocurrencies. The site also has a FAQ section that covers all the basics of using the exchange.

Bitfinex Website

Another thing that makes Bitfinex beginner friendly is the fact that it offers a wide range of features. For example, users can trade on margin, lending, and derivatives markets. The site also has an extensive help center that covers all aspects of using the exchange.

Lastly, Bitfinex is one of the most popular crypto exchanges. This means that there is a large community of users who can offer support and advice. There are also many online resources available that can help beginners get started with trading on Bitfinex.

4. BinanceUS

BinanceUS is a beginner-friendly cryptocurrency exchange that offers a wide range of features to its users. One of the most important features of BinanceUS is its user-friendly interface. The interface is designed in a way that makes it easy for even first-time users to navigate and understand.

Binance US Website

Another great feature of BinanceUS is its customer support. The exchange has a dedicated customer support team that is available 24/7 to help users with any issues they may have. There is also an extensive FAQ section on the BinanceUS website that covers a wide range of topics.

In addition, BinanceUS offers a number of security features to keep users’ funds safe. The exchange uses 2-factor authentication and stores all user funds in cold storage.

Overall, BinanceUS is a great choice for beginner cryptocurrency traders. It offers a user-friendly interface, great customer support, and robust security features.

5. Beginner friendly Crypto Exchange CoinSmart

CoinSmart is a beginner friendly crypto exchange that is based in Canada. They offer a simple and user-friendly platform that is perfect for those who are new to the world of cryptocurrencies.

Coinsmart Website

CoinSmart has a very low trading fee of 0.2% and offers a wide variety of payment methods, including credit cards, debit cards, and Interac e-Transfer.

CoinSmart also offers a mobile app that makes it easy to buy, sell, and trade cryptocurrencies on the go.

Overall, CoinSmart is an excellent choice for those who are looking for a beginner-friendly crypto exchange.

Conclusion

In conclusion, these are the five beginner friendly crypto exchanges that we think will dominate the market in 2022. They all have different features that make them stand out from the rest, but they also share some commonalities. They are all user-friendly, offer a wide variety of coins to trade, and have low fees.

So if you are looking for an exchange to start trading cryptocurrencies on in 2022, be sure to check out one of these five!