Best Bitcoin Brokers For Beginners

Bitcoin Trading Sites for Dummies

As a beginner you must focus on learning the basics such as learning all important chart patterns, understand what is risk management and always document your trades. The best way to start trading is to use very clear and simple interfaces which are designed for newbies as much as for professional traders.

If you are new to Bitcoin and or trading with Bitcoin, we suggest you to start with a beginner friendly trading platform.

Bitcoin itself can be a very technical product requiring some computer knowledge to understand how it works. Trading with Bitcoin is similar to forex trading, in order to do this well, you need to understand not just the product you are trading with but the market behind it. This two things combined together could result in a very complex process that can dissuade beginners at first glance. However using such bitcoin trading sites that are beginners-friendly can make sure even those users can enjoy the benefits of Bitcoin trading who are new to the market.

We consider a bitcoin trading platform beginner friendly if is has certain features than can help new joiners to start the trading activity in an easy and quick way.

Beginner-Friendly Websites Provide The Following Features, One Or The Other:

• A simple and clear interface helps users to navigate on the platform and let's them just solely concentrate on trading without the need to find buttons in a hurry.
• If a platform tour is available at a site, we suggest walking through it. It can have a lot of valuable information about platform that will help the future trading activity.
• The most used functionality of a bitcoin trading site is the wallet and the orders. These two functions must be easily accessed to make the trading user friendly and convenient. The order section must show the basic buy/sell and stop orders in a transparent way to make sure the beginner users are always on the top of their finances.
• If this is the first time you are trading, a demo account can be very useful. These demo accounts work exactly the same way as real accounts, the only difference is that you are not playing with your own money. This is a good solution to test strategies you have previously figured out.
• A helpful support is a must for beginners. If you are new, you will definitely have questions, and if the support team is reachable and responsive you will certainly be in good hands.

As a beginner bitcoin trader we suggest you to avoid margin trading at the beginning of your journey as it involves significant amount of risk.

Easy To Use Bitcoin Trading Platforms

Simple FX

Simple FX is prepared for beginner users. They offers a wide variety of videos and tutorials in order to make sure each and every users understand the functionality of the platform.
Visit Simplefx Website Read our Simplefx Review
 

Coinbase

Coinbase is one of the oldest bitcoin broker on the market, which also means they have already learnt what the beginner users need. Buying and selling is very easy on the platform and there is also a lot of walkthroughs are available on their site if you are stuck.
Visit Coinbase Website Coinbase.com Review
 

Cryptopia

Cryptopia is a great exchange for anyone who wants to start trading with cryptocurrencies beside bitcoin. The dashboard is well designed and easirly accessible. It is especially recommented for those who like social interaction very much.
Visit Cryptopia Website Cryptopia Review
 

Avatrade

Avatrade is considered a beginner friendly bitcoin broker as they offer a demo account. You can use this demo account just like your normal Avatrade account to test your strategies or follow the market without risking your money.
Visit Avatrade Website Read our Avatrade Review
 

FXOpen

FX Open offers an easy to use, transparent exchange to trade with bitcoin. The site is focusing on other assets as well and already built in the experiences from other market in their bitcoin trading platform.
Visit FXopen Website Read our FXopen Review
 

Bittrex

Bittrex is suitable for both professional and beginner traders. The platform is becoming a more and more popular altcoin trading platform due to it's easy to use dashboard.
Visit Bittrex Website Read our Bittrex Review
 

Kraken

Kraken is one of the most popular bitcoin broker on the market and it is probably due to their user friendly platform. The dashboard is very intuitive and designed specifically for new traders.
Visit Kraken Website Kraken.com Review
 

GDAX

GDAX has a self-explanatory user dashboard and realistic analysis charts that helps the beginner traders to pick new knowledge about trading quickly.
Visit Gdax Website GDAX.com Review
 

More about trading for beginners:

Day Trading Bitcoin versus Altcoins
Tutorial – Altcoin Flipping