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    WHAT IS FOREX TRADING?
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    Posted by James McQuillan 30 Jul
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    WHERE TO INVEST IN BITCOIN - TOP COIN EXCHANGES TO TRY FOR BEGINNERS

    The cryptocurrency world has come a long way since they were first introduced on white papers from 2008 and beyond. One of the factors that really hamstrung the prospect of investing in things like Bitcoin is that no-one really knew HOW to buy them.

    While that's something that has changed over the last few years, these cryptocurrency exchanges still come with some added friction that would resort to people walking away from crypto investment, or not participate at all.

    So what is it that we need to look out for in a crypto exchange? Well, that depends on what kind of investor you are. If you're a pretty experienced investor already, digital assets or no, you're looking for one with the best value pairings and token liquidity, among other things.

    If, however, you're a complete newcomer to the world then things like value pairings and liquidity are not going to make any sense. For these types, you're looking for an exchange that's easy to use, intuitive and equipped with resources so you can learn more.

    So, in the interest of this, we're going to be looking at some of the best kinds of cryptocurrency exchanges to get you started with investing in digital assets. Meaning that we'll be looking at exchanges that offer the most ease of use, an intuitive interface, and allow users to learn more.

    Kicking off Crypto Trading - Coinbase

    While one of the first questions more experienced investors will throw out there will be 'centralized or decentralized,' there's no arguing with the fact that, as far as centralized ones go - Coinbase is popular for a reason.

    The signup process for new users is relatively painless. You set a username, password, financial information (to link up with a bank that you use), and lastly: some form of proof of ID. The latter can be a driver's license, Passport, etc.

    Coinbase cuts down on the number of cryptocurrencies that you can invest in, consisting of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and LiteCoin. Only drawback is that the price pairings are slightly higher to accommodate for transaction fees. Regardless, it makes for a good place to start.

    Quick Exchange - Changelly

    While it somewhat defies the concept of coin exchange, especially when compared to Coinbase, but Changelly provides one of the quickest ways to trade cryptocurrencies. What makes this possible is the fact that it's supported by companies like Visa. Meaning that you don't need to go through a lengthy on-boarding process to trade.

    The platform also gives a great deal of exposure to digital assets, all without having the typically overwhelming interface of more complex trading platforms. So far, Changelly provides users with the ability to invest in over 35 different coins. All with no complicated process to follow, either.

    Quick and Easy - CEX.IO

    "Buy Bitcoins with a Credit Card!" Much as the tagline on the front of its website suggests, CEX allows newcomers to the cryptocurrency market to invest with relative ease compared to other platforms.

    In the same way as Changelly, CEX is supported by both Visa and MasterCard. Meaning that it's not only easy to get onboarded, but it also means that there's no obstructive Know Your Customer and Anti-Money Laundering regulations you need to adhere to.

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