Cryptocurrency is barely a teenager, and the asset class has already made a name for itself for providing an extent of financial freedom that fiat finance could never give you. At the beginning of 2023, there are already over 420 million crypto users worldwide. After the bearish 2022, the crypto markets are expected to pick up speed again for a rally in 2023, especially considering the next halving for Bitcoin is coming up in 2024. Now is as good a time as any to jump on the crypto bandwagon; even better if you can use leverage to amplify your trades!
Crypto trading can seem like a tricky business, with all the technical jargon- especially if you are new to the space. However, with the correct tools and resources, anyone can participate in profitable crypto trading and get started on the way to financial freedom. Millionero is one of the newer, most beginner-friendly exchanges you can try out as you look for the best crypto exchange for beginners. On Millionero, you can opt for both spot and perpetual crypto trading.
But what are perpetuals? Essentially, you get to speculate on the future price movements of a crypto without being bound by an expiration date. This can sound complex. Which is why Millionero is making it easy for beginners to start crypto trading, that’s what makes it the best crypto exchange for beginners. Here are the other 5 reasons why Millionero is your pick as a beginner:
1. Millionero Perpetual MAX
While this may sound too good to be true, Millionero’s trading features include something called Perpetual MAX, which allows you to trade up to 100x the amount of your initial investment. Of course, this increases your purchasing power, and paves the path for higher earnings since you can take better advantage of market shifts. Perpetual MAX is a very helpful tool if you’re looking to pull in quick profits, regardless of your level of experience in trading.
2. Easy UI and easy to use app
Another reason Millionero is the best crypto exchange for beginners would be its user-friendly interface. The platform is created in a way that it is accessible to users with all levels of experience in crypto trading, with clear and intuitive navigation and easily understandable graphics.
Millionero’s mobile app will also allow traders to access their accounts from anywhere and perform trades on the go, making it a comfortable choice for those who prefer to monitor and manage their investments from their mobile devices. The easy-to-use interface and upcoming mobile app of Millionero provide an accessible and convenient way for novice traders to participate in the cryptocurrency market confidently.
3. Use any cryptocurrency as trading collateral
Most perpetual trading platforms stick to USD or USDT as the collateral for trades. This can be restrictive and limiting, as you don’t want to cash out your crypto to USDT to make other trades.
Millionero resolves this persistent issue by enabling the use of any crypto as trading collateral. Want to trade perpetual futures using your BTC or your ETH? Feel free! You can now trade with confidence and lower your risk with utmost financial freedom and control over your investments. An added bonus of this feature is that by putting your BTC or ETH (or any other crypto) up as collateral, you can stay long on these assets while trading in other assets for yet more gains!
4. Millionero Referral Program
Adding to the appeal of Millionero as the best crypto exchange for beginners, the Millionero referral program makes earning as a newcomer super easy, even if you can’t trade profitably right off the bat. While you may not be a pro trader just yet, you can earn significant passive income when your friends trade cryptocurrency with the Millionero referral program. The more your referrals trade, the more you make, thanks to Millionero’s referral community receiving 55% of the trading fees the platform accumulates. What this means is if you invite your pro-trader friends to Millionero, you can basically earn every time they trade, with no upper limit.
You can reach 5 tiers as part of the Millionero referral program.
– With tier 5, you receive 3% of the trading fee your friend pays with every trade.
– Then as you go up to tier 1, you accumulate respectively 7%, 10%, 15%, and 20% of the trading fees your friend is charged by the platform.
As you can see, this is a fantastic method to increase your profits while being part of a network of like-minded traders trying to achieve their financial objectives.
5. Easy onboarding for users
Another feature making Millionero the best crypto exchange for beginners would be how little you have to know about the intricacies of crypto trading to start with a trade. With easy sign-ups, logins, deposits, and withdrawals, traders don’t need to be very knowledgeable about crypto trading to begin.
On the spot and perpetual markets, you can just select a trading pair, choose to buy or sell, and choose to long or short based on the duration of your trade.
The default leverage is selected to a minimum of 3x as well, so beginner traders can trade at the very low risk before they gain experience for using higher leverage.
Get Started with Millionero
Bottom line – Millionero is a user-friendly platform that is suitable for novice traders who are new to the crypto trading industry. It offers a variety of helpful tools and features, such as the Perpetual MAX trading feature, which enables investors to trade up to 100 times the amount of their initial investment. Additionally, Millionero allows traders to use any cryptocurrency as trading collateral, which can help reduce risk and increase control over investments.
In conclusion, Millionero is the perfect platform for beginners in crypto trading who are looking for financial freedom. With its user-friendly features and tools, novice traders can start trading with confidence and achieve their financial goals. So, if you’re looking for the best crypto exchange for beginners, Millionero should definitely be on your list!
Sign up on Millionero and get started with crypto trading today on their official website! Further, you can connect with them on Instagram, Twitter, LinkedIn, and Facebook for queries and updates !