It’s no secret that the cryptocurrency trading world may be intimidating to those unfamiliar with it. With so many different coins, exchanges, and trading strategies, it can be tough to know where to start. For those who want to dive right in, be sure to visit Saxo bank and talk to their forex crypto broker.
For those who are still confused – don’t worry! This is why we’ve put up a list of the best crypto trading lessons for beginners. These courses will teach you about cryptocurrency trading from beginning to end, including everything you need to know about buying and selling coins and more intricate trading strategies like day trading and margin trading.
What is crypto trading?
Cryptocurrency trading is buying and selling cryptocurrencies, typically in the form of tokens or coins. They are digital assets that use cryptography to secure their transactions and to control the creation of new units.
Bitcoin was first released in 2009. Hundreds of additional cryptocurrencies have been developed since then. Cryptocurrency trading generally involves exchanging one cryptocurrency for another or fiat currency (traditional currencies like dollars or euros). Crypto trading can be done through exchanges, brokerages, or over-the-counter (OTC) markets.
The risks associated with crypto trading include market volatility, hacks, scams, and fraud. To trade safely, it is vital to use a reputable exchange or brokerage and to practice good security hygiene (e.g., using a strong password and two-factor authentication).
The eight best crypto trading courses
Crypto trading can be tricky if you don’t know what you’re doing, that’s why many traders choose to take a course and make sure they know how to trade crypto.
Let’s look at the eight best trading courses for beginners.
Crypto trading course by Binance Academy
The crypto trading course by Binance Academy is an excellent start if you want a comprehensive introduction to cryptocurrency trading. This course covers all aspects of blockchain, from the ground up, including basic principles to more advanced topics like chart analysis and trading tactics.
Best of all, it is free to access and can be completed at your own pace.
Crypto trading 101 by Blockgeeks
Crypto trading 101 by Blockgeeks is another excellent option for those looking to learn the basics of cryptocurrency trading. This training course covers a wide range of subjects, including establishing a trading account, placing orders, and different trade sorts of cryptocurrencies.
Introduction to cryptocurrency trading by Udemy
If you’d instead learn via video tutorials, the Udemy introduction to cryptocurrency trading course is a better alternative. This curriculum has over 5 hours of high-definition video lessons that will guide you through everything from the basics of purchasing and selling cryptocurrencies to more advanced trading techniques.
Cryptocurrency trading Bootcamp by cryptoCurrency certification consortium (C4)
The cryptocurrency trading Bootcamp by the cryptoCurrency certification consortium (C4) is an excellent option after a more hands-on approach to learning. This intensive course covers everything from basic concepts like wallets and exchanges to more advanced topics like technical analysis and risk management.
Advanced cryptocurrency trading course by eToro
Suppose you are already familiar with the basics of cryptocurrency trading and are looking to take your skills to the next level. In that case, the Advanced Cryptocurrency Trading Course by eToro is worth checking out. This course covers advanced market analysis, risk management, and trading psychology.
Mastering Bitcoin trading by BitMEX
If you want to trade Bitcoin and other cryptocurrencies using borrowed money, the BitMEX Mastering Bitcoin Trading course is a fantastic place to start. This course goes from the ground up, starting with the fundamentals of margin trading and progressing to more complex techniques like order types and risk management.
The complete cryptocurrency trading course by Udemy
The complete cryptocurrency trading course on Udemy is a one-stop shop for those searching for an all-in-one approach to learning cryptocurrency. This course covers everything from purchasing and selling cryptocurrency to more complex topics like technical analysis and trading techniques, with more than 9 hours of video material.
Cryptocurrency trading course by Bittrex
The cryptocurrency trading course by Bittrex is an excellent place to start if you want to learn how to trade on the Bittrex exchange. This course covers everything from creating a Bittrex account to placing orders and trading various types of cryptocurrencies.
So, that’s our selection of the top crypto trading courses for novices. Whether you are just starting or are looking to take your skills to the next level, these courses will give you the information and tools you need to start trading cryptocurrencies like a pro.