Best Cryptocurrency Exchanges & Trading Platforms
When starting out, Bittrex should be the only exchange you'll. Once you get into trading alts more and investing in ICO's, then you'll want to have an account on every exchange listed below. All the exchanges listed here are available for US citizens. There are many more exchanges, these are just some of our top picks at the moment.
With most ICO's, you don't know which exchanges they'll start trading on first after the sale has ended, so you'll want accounts with all the exchanges already set up. That way, as soon as one of the exchanges lists the ICO token, you can immediately deposit it and begin trading.
You'll also want multiple accounts for when you hear about a cryptocurrency you want to invest in, but it's not traded on the bigger exchanges yet. It can also be beneficial to purchase tokens on the smaller exchanges because if they do get listed on a bigger exchange, the trading volume can drastically increase. Usually when there's news of a token on a small exchange about to be listed on a bigger exchange like Binance or Bittrex, the price will increase leading up to it being listed.
With most ICO's, you don't know which exchanges they'll start trading on first after the sale has ended, so you'll want accounts with all the exchanges already set up. That way, as soon as one of the exchanges lists the ICO token, you can immediately deposit it and begin trading.
You'll also want multiple accounts for when you hear about a cryptocurrency you want to invest in, but it's not traded on the bigger exchanges yet. It can also be beneficial to purchase tokens on the smaller exchanges because if they do get listed on a bigger exchange, the trading volume can drastically increase. Usually when there's news of a token on a small exchange about to be listed on a bigger exchange like Binance or Bittrex, the price will increase leading up to it being listed.
