While they’re fairly new in the market, I highly recommend Binance and YoBit. These are a bit nontraditional in the sense that they do not have a strict verification process when it comes to making an account. This turns many off because most investors want a platform that is heavily regulated. These two platforms are, for the most part, unregulated. This benefits you by allowing you free reign over buying and selling a wide variety of cryptocurrencies, not just Bitcoin.
Binance – AltCoin & Cryptocurrency Exchange
While they have been around for awhile, they’re still very new. Binance is not necessarily beginner friendly. Many people complain about the prevalence of Coin Dust which simply means ‘fractions of a coin’. Binance likes to deal with whole numbers, so if you try to buy or sell less than 1 whole coin (no matter its price) you might find yourself unable to do so. This exchange platform is great if you want to focus on a few cryptocurrencies, but it’s not ideal if you want to invest a little in a lot. In that case, YoBit is more recommended.
YoBit – The Newest of the New Coins
My experience with YoBit is new, but it’s been very favorable. They make it very easy to buy so many different brand new cryptocurrencies with ease. Another positive is that they offer a very active chat room where people talk about what coins are going up and down. Many use these chat signals to get in (or out of) a certain coin as it goes up and down respectively.
BitStamp
These guys are a bit more mainstream in regards to setting up a verified account. However the coins able to be purchased on this exchange are extremely limited. That’s why I recommend Binance and YoBit mentioned above because they allow you to purchase a significant deal more coins.
Other Exchanges
If you want to get started I recommend reading our money making investment guide. This will lead you through the very first steps and get you started ASAP.
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