Logo Cryptotesters
Interested in
Bitcoin icon
Bitcoin
Ethereum icon
Stellar icon
Ripple icon
Litecoin icon
Currency
EUR
USD
GBP
Order by
Price
Rating
How to Choose a Cryptocurrency Exchange
ease of use icon
Ease of use

If you’re a crypto-trading beginner, look for a platform with a simple and straightforward interface. A good exchange starts simple, and hides complex features for advanced traders in the settings.

payment methods icon
Payment methods

Make sure your exchange has deposit and withdrawal options that work for you, and remember to check the fees associated with different methods. Bank deposits are always the most inexpensive method, PayPal and credit cards are faster but more expensive.

liquidity icon
Liquidity

The level of liquidity on an exchange affects the ease and speed with which you can complete trades. If there's a high level of liquidity – in other words, if the exchange has a high trading volume – then trades should be completed quickly and easily.

fees icon
Fees

From deposit through to trading and then withdrawing funds, how much will it cost you to buy and sell crypto on each platform from start to finish? Good exchanges are transparent about their fees.

How to Use a Cryptocurrency Exchange
Exchanges can be confusing for novice traders. Here are the steps to buy cryptocurrency with fiat:

1. Compare cryptocurrency exchanges to find one that suits you

2. Register an account and go through the account verification process

3. Deposit fiat currency (e.g Euros) using the payment method of your choice.

4. You will receive an email once the money has arrived in your account.

5. Choose the trading pair of your choice (e.g “BTC/EUR”)

6. Review the details of the trade and click “buy” if you’re happy to proceed

Cryptotesters Logo
We are a multi-faceted team of crypto enthusiasts based in Berlin.
Twitter logoLinkedIn logoFacebook logo