What is the Best Exchange for Newbie XRP Investors?

[Hodor]

Greetings!  I'm hoping to collect some information on what exchange people here on XRPChat recommend for newbie XRP investors. 

There are currently 33 exchanges, but I list off 17 choices in the poll that are considered higher-volume. 

[Guest]

Bitstamp was good for newcomers because it had credit card buys allowed.  I didn't see it there last time I looked....   did they stop doing that?

[Guest]

I should note though that the fees were 6-8% so very high.  But simpler and faster than other methods for newcomers I found.  

[zenkert]

I use Bitstamp.
Low fees.
Deadly serious.
Take some time to register an account.
You have to learn a bit about transfers if doing Bank Transfers.
Once done everything works like a charm.

You can buy Bitcoins with Credit Card.
Sell them and buy XRP.

With Deadley serious I mean, that you really have to proof, that You are You.
Otherwise your account will not be created.

That+s my experience.

Cheers.

 

[Guest]

XRP to fiat and back on Kraken, what more can a man want these days

[BBS]

Bitstamp. It's easy on the eye, simple to use interface. Perfect for a novice.

[Jarvis]

Just gotta be careful with polo. In polo you don’t own xrp but IOUs unless you transfer them out. 

[jensr]

I would actually mention Exmo. They have recently started XRP trading against fiat. For Europeans at least, a good place to start. Reasonable fees, also. 

[Guest]

On 10/17/2017 at 10:47 AM, Jarvis said:

Just gotta be careful with polo. In polo you don’t own xrp but IOUs unless you transfer them out. 

I could be wrong but I think that is true of all exchanges except Gatehub (so long as you are not using the default Gatehub wallet but instead a Ripple Wallet).  I could be wrong though.  Certainly there seems to be differences about how much and how quickly you can withdraw your funds with the various exchanges.