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Since Bitcoin’s arrival on the global finance scene in 2009, crypto trading has come to be a widespread activity among both institutional and retail investors across the globe. Case in point, as of 2023, there are already over 420 million crypto users worldwide. 

With spot crypto trading or even crypto derivatives trading comes the much-coveted financial freedom that investors can’t find with fiat finance involving centralized financial entities. It only makes sense that the gradual, natural shift towards crypto investments has led to crypto exchanges across the world seeing increasing numbers of sign-ups.  

Keeping up with the user needs, crypto exchange platforms have needed to incorporate easy, user-friendly interfaces, especially considering most of the newcomers aren’t aware of the technical nuances that come with crypto trading, such as order books, chart customizations, a diverse range of trading pairs, and more. As a beginner to the crypto space, an advice you might frequently receive from seasoned traders is to go with an exchange with a simple, easy to understand UI. Millionero might be a good fit for this criteria. 

Why do you need to pick an exchange with a simple UI?

For an exchange to be able to cater to the crypto trading needs of a broad array of users, user interfaces are an undeniably important factor. Ideally, a crypto exchange should be newcomer-friendly with a sleek, smart design, and intuitive enough to retain a sizable community of users, while also attracting new ones. 

So, what good does picking an exchange with a user-friendly interface do you in crypto trading? Here’s a quick sum up:

Especially as a beginner to crypto trading (whether spot or crypto derivatives), an easy UI can assist you to sign-up, fund your account, and get started on the road to financial freedom quickly.

A friendly user-interface would allow for efficient and simple data visualization, easy navigation, and better informational and input controls for users. 

You can easily view components like the order books and gain helpful market insights to plot out your crypto trading strategy.  

With easy sign-ups and log-ins, you can trade seamlessly on the go. 

Bonus points if the crypto exchange allows you easy deposits and withdrawals directly to your bank account, with a wide number of payment methods and gateways to choose from. 

An easy-to-navigate crypto exchange would have a sprawling community of traders since they’d attract the non tech-savvy bunch too. What this might lead to are higher market liquidity and favorable trading conditions, regardless of whether you plan to go long or short.

A platform with a user-friendly interface should also come with a simple wallet design for easy asset management. Users should be able to view the funds in the market and funds locked in limit orders clearly without too many complexities.

Now, from the great variety of crypto exchanges you see your crypto trading friends talk about, it’s understandably hard to pick the best one to suit you. As we mentioned before, Millionero might be a good fit if UI is one of the primary factors you are judging by (and again, you should definitely do that if you are a newcomer). Why is that? Let’s do a quick review. 

Why is Millionero’s user-friendly interface a game-changer? 

Quite a few crypto exchanges available out there provide user-friendly interfaces, so why go with Millionero? Well, to start with, the exchange gives you a good range of crypto tokens and trading pairs at pretty competitive trading fees. Millionero allows both crypto spot trading and perpetual-based crypto derivatives trading with up to 100x leverage. The UI is smooth and minimalist, and the order book is pretty easy to understand if you have a grasp of the basics of how to read one. What’s more, with perpetual trading on Millionero, users can trade against collaterals deposited in a wide variety of cryptocurrencies, and not just USDT. 

Millionero might be a relatively newer crypto exchange, but it is already ultra-accessible. Sign-up is a quick affair on the platform with only your email id required, and you get the much-needed dark mode for added comfort. The exchange also has a referral program running, with 55% of the transaction fees charged going to the crypto trading community. 

The Millionero wallet has a simplistic design, and you get multiple payment options for easy deposits and withdrawals. 

Now, having crypto trading made so easy is definitely a perk to anyone new to crypto trading, and the uncomplicated UI lessens the stress on expert traders too. All in all, the user-friendly interface is definitely one of the biggest USPs Millionero has to offer. 

Having accounts on different exchanges is something most traders do, since each has individual strengths. Millionero might be a good pick for you for ease of trading, and trying out different exchanges is always a good idea to choose the best one to fit your trading strategies. What’s more, even if you are not familiar with crypto derivatives, perpetual trading on Millionero is made easier for traders, so newcomers can try it out more comfortably. Of course, you can trade up to 100x more than your initial deposit, while the platform reserves only 1% of your trading value for every position.

We wish you good luck on your crypto trading endeavors!

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Filed under: Bitcoin - @ February 15, 2023 1:06 pm