Best Crypto Exchanges for Beginners in 2024 (2024)

Undoubtedly, eToro is one of the largest and best cryptocurrency exchanges for beginners worldwide, with numerous free plans. eToro excels with its user-friendly interface and an excellent mobile app, making the exchange ideal for novice traders.

As one of the best cryptocurrency exchanges for beginners, it offers more than 3,000 currencies to trade. eToro is a multi-asset crypto exchange that is constantly expanding its market offerings. You may begin investing with a $50 US minimum deposit with personal accounts.

eToro’s robust social commerce platform fosters interpersonal connections by facilitating two-way conversations. Customers now have the chance to use social media as an effective customer care channel where issues may be resolved.

• Social trading feature for beginners to copy trades from experienced traders.
• User-friendly interface with robust educational resources.

Get started with eToro

Bitget provides a number of features that are beneficial for novice traders. Among other things, novices can learn the craft by imitating more experienced traders. The platform facilitates more than 600 cryptocurrency tokens and close to 700 trading pairs. Bitget unveiled USDT-margined futures, an approachable choice for novices in futures trading. It is not necessary to hold the underlying coin in order to take long or short positions, unlike Coin-margined futures.

Bitget Earn, a feature-rich asset management platform, is available on the exchange. It is intended to provide premium financial products that are secure and have high yields. Depending on their risk tolerance, users can choose products, subscribe to them, earn interest, and redeem their profits. At the time of subscription, money is taken out of the spot account, and following a two-day processing period, interest is paid every day.

• Effective demo trading account for risk-free learning.
• User-friendly platform with minimal fee charges.

Get started with Bitget

A feature-rich mobile application for iOS and Android smartphones is provided by StormGain as one of the best cryptocurrency exchanges for beginners. This app lets users do all their trading operations while on the road. The app is a one-stop cryptocurrency service since it saves users time and money.

With StormGain as an option for being the easiest crypto exchange, users can easily purchase cryptocurrency right on the app. To make the transaction easier, they may interact with reliable partners effortlessly and utilize credit and debit cards with ease. StormGain has all the necessary features to be the best crypto exchange for beginners.

• Low trading fees with integrated crypto wallet.
• Easy to use mobile app with educational tools for beginners.

Get started with Stormgain

Binance will take fourth place on the list of the best cryptocurrency exchanges for beginners by offering a list of positive features for exchanging and trading.

For those who are just starting out, Binance is positioned as the best crypto exchange for beginners. The exchange provides an easy-to-use trading interface that even a novice can quickly pick up.

There’s a great education center for beginners with lots of resources. Meanwhile, Binance provides an excellent trading mode on the Binance app called Binance Lite, which is customized to be the most accessible crypto exchange for newcomers. Binance Lite streamlines the process of purchasing cryptocurrency. Lite mode provides a simplified user interface emphasizing speed, ease of use, and simplicity as an optimal crypto exchange for beginners.

• Supports trading in over 500 cryptocurrencies with low fees.
• Strong security measures including two-factor authentication.

Get started with Binance

OKX is also a good choice among the best cryptocurrency exchanges for beginners to trade because of its beginner-friendly features, which include copy trading with fully funded sample accounts.

Building an effective, transparent, and lucrative trading tool for OKX traders is the goal of OKX Copy Trading. Copy and lead traders may easily explore new avenues for generating income, increasing visibility, and interacting with the larger trading community because of the low minimum trading limit.

OKX is a viable option for cryptocurrency enthusiasts who want to trade with low fees of their crypto exchange for beginners. You can quickly purchase cryptocurrency with a card, bank account, or mobile wallet if you have an OKX account.

Additionally, it occasionally provides incredibly high rewards for those who participate in staking or saving features on the best crypto exchange for beginners.

• Extensive tutorials and resources for new traders.
• User-friendly app with advanced trading tools.

Get started with OKX

Users ofthe Coinbase platform may buy cryptocurrencies in US dollars because of its comparatively straightforward user interface. Coinbase offers a user-friendly learning platform for beginners to learn about Bitcoin and trading and introduces itself as the best crypto platform for beginners.

Coinbase is the best cryptocurrency exchanges for beginners because it lets consumers take their cryptocurrencies out as soon as they buy them with fiat money.

For instance, whether you are an experienced trader or a novice interested in investing in Bitcoin, the platform is a suitable fit.

For beginner traders, Coinbase provides a low $2 minimum first deposit in your local currency and a plethora of learning resources to assist you in getting started.

One of the lowest commission plans available in the market is provided by Coinbase. Additionally, you may trade all of the most well-known cryptocurrencies—more than 150 in total.

• Highly secure platform with insurance for digital assets.
• Simple and intuitive interface for buying and selling cryptocurrencies.

Get started with Coinbase

Due to its well-known user-friendly design, KuCoin is the best crypto platform for beginners. Its platform makes buying, selling, and trading cryptocurrencies simple for customers and provides an intuitive experience. KuCoin gives customers plenty of trading options by supporting a large variety of cryptocurrencies, including several altcoins and tokens.

It also provides referral and bonus programs to encourage trading and draw in new members. Though it might not have as many sophisticated trading tools as some other exchanges, security worries brought on by previous occurrences can discourage some customers from using the site.

• Wide support of cryptocurrencies with beginner-friendly tools.
• Easy fiat to crypto conversions and competitive trading fees.

Get started with KuCoin

Primarily for novices, Coinmama provides an easy and fast method for customers to purchase cryptocurrency with a credit card or bank transfer. It is the best crypto platform for beginners who want to pay with local cards. Because of the platform’s user-friendly layout, even inexperienced traders may easily explore and complete deals.

Coinmama gives consumers plenty of alternatives by supporting a large variety of cryptocurrencies, including well-known ones like Ethereum and Bitcoin. But in contrast to some other exchanges, its costs can be greater, and it might not have all the sophisticated trading tools that seasoned traders need.

If you’re focus is on safety, check out the safest crypto exchanges you can trade on.

• Direct purchases with credit cards and excellent customer support.
• Simple platform for beginners to understand the crypto processes.

Get Started with CoinMama

Coinbase stands out as the best crypto platform for beginners due to its user-friendly interface and simplicity in accessing the features. The platform generally supports a wide range of popular digital currencies and provides good quality educational resources, including tutorials and market analysis. Additionally, Coinbase offers a high level of security with insurance for digital assets, making it a trustworthy choice for new traders who are worried about entering in the volatile crypto market.

Another excellent option for beginners can be eToro. This platform is renowned for its unique social trading feature, which allows users to follow and copy the trades of experienced traders. eToro also offers a simple, easy to use interface, and extensive educational content, making it easier for beginners to start. Moreover, with eToro’s demo account feature, new traders can practice trading without risking real money, helping them to build confidence and develop their trading strategies before venturing into actual trading.

Here are the most important features of top crypto exchanges that you must take care of in your search for the crypto exchange for beginners.

Good Trading Interface

As a beginner, you need more information about trading platforms, and a simple interface will make it easier. You need to choose a crypto exchange that has a simple and user-friendly application.

Good Mobile App

Most users are not in front of a computer at all times. The easiest crypto exchange for beginners is the one that allows them to trade wherever they wish. Therefore, you must choose a crypto exchange for beginners with a powerful and simple mobile app to connect with your trading platform from anywhere.

Support

You may face many questions about the different features when using a new cryptocurrency exchange. A good cryptocurrency exchange for beginners is one that has an excellent support system to guide its users.

Accessibility of the Crypto Platform for Beginners

Accessibility is a key factor that consumers should consider when selecting a cryptocurrency exchange since some may be easier to use than others. Some exchanges even have a lighter version of their interface geared towards beginners.

Analytics Tools

Crypto exchanges should include specialized analytics tools that let beginners decide on different trading possibilities based on data. It will enable them to increase their earnings by making smarter investment decisions in real-time.

Exchanges such as OKX, Stormgain and Binance are ideal for both beginners and experienced traders who want to trade on the easiest crypto exchange. You can do so seamlessly once you’re ready to make the switch. To increase profits, they offer advanced trading interfaces for professional traders and other products such as leverage and futures.

We recommend trying out various cryptocurrency exchanges choosing the best crypto exchange that works well for you, once you’re a power user and understand the basics. Choose the one that suits you the best and serves your needs. You can check the list of best crypto exchanges for beginners that we provided in this article.