The 5 Best Places To Buy Crypto For Beginners

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1CEX.IO

CEX.io is a well-established Bitcoin exchange that has been around for years. The company was established in 2013 and offers Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash and other cryptocurrencies trading.

It is a trusted and secure bitcoin and crypto exchange because it offers a high level of security to its customers’ wallets by keeping 98% of the funds in cold storage.

The company also provides a one-of-a-kind cryptocurrency wallet where you can send digital currency to your friends or pay for goods with it.

CEX.IO

CEX.io is based in London, United Kingdom and is owned by a company called LCEX, Ltd. Here are some pros and cons of using CEX.io:

You can buy Bitcoin with credit card or bank transfer. Very easy to use. Allows margin trading.
High fees for credit card transactions: VISA - deposit 2.99%, withdrawal (up to 3% + $ 1.20), MasterCard -deposit 2.99%, withdrawal (up to 1.8% + $ 1.20).

2Binance

Binance is the world's largest cryptocurrency exchange. It provides a variety of services, including basic trading, market analysis, and many others.

Binance offers multiple benefits that are not available with other exchanges. Some of these include lower service fees than competitors, an extremely high level of security for funds and personal data, and faster transactions than any other cryptocurrency exchange in the world.

Binance

It offers a large selection of coins and has an intuitive interface, which simplifies the trading process.

A huge selection of coins. The intuitive interface that simplifies the trading process. One of the world's fastest growing exchanges.
The cons are that there are some withdrawal limitations for new accounts. New members are only allowed to withdraw up to 2 BTC worth in 24 hours, unless they are qualified for higher limits.

3Coinmama

Coinmama.com is a site that allows customers to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin. They provide a secure and easy way to purchase these currencies with credit or debit cards.

The company has been around since 2013 and was founded by three experienced entrepreneurs: Ildar Fazulyanov, Dmitriy Subbotin and Vlad Chernyak. Its headquarters are in Tel Aviv, Israel.

Coinmama
It offers an easy to use interface. You can purchase cryptocurrency with your credit card without any need for ID verification. It has one of the fastest processing times in the industry when it comes to customer verification and withdrawal requests.
It does not support fiat currencies other than USD, EURO, and GBP; this prevents people who live in countries with underdeveloped financial systems from accessing cryptocurrencies through this platform. Coinmama charges a commission fee equivalent to 0.5% on every transaction made on their platform.

4eToro

eToro is the world’s leading social trading and investing platform. It provides a place where anyone can invest and trade on their own, or copy other successful traders.

Members of eToro want to make money, but they also want to make it as quickly as possible. eToro understands this need and has developed a platform for them that is designed with speed in mind.

eToro

There are many pros that come with this platform. One of them is that the company has a wide array of products for you to invest in. You can trade stocks, commodities, currencies and ETFs on eToro. You can also invest in cryptos and even follow other traders and copy their trades automatically.

Another benefit is that you can trade with as little as one dollar or euro, which means it’s possible to start trading without investing too much money at once. This makes it easier for beginners or those who want to dabble as a hobby trader as well as those who want to make a living from trading stocks and cryptos alike.

Lack of transparency in its dealings with ICOs.

5Changelly

Changelly is a cryptocurrency exchange platform that allows users to exchange cryptocurrencies. It has grown in popularity partly due to the fact that it also accepts many other cryptocurrencies apart from Bitcoin.

One of the main features of Changelly is that it does not require ID verification after registration, which makes it easier for people who are not comfortable with sharing their personal information to use the service.

The website also features live quotes and charts for its supported currencies, which provide both an overview of the currencies' values and an estimate of their worth at any given time.

Changelly

As with any cryptocurrency exchange that offers fiat currency trading pairs like US dollars (USD), euro (EUR) etc., there are some pros and cons associated with it.

Easy to use interface. High liquidity for many coins. Fast transactions. Low fees for using credit card or debit card.
International wires take time to process.