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Best Bitcoin Exchanges for Beginners of January 2026

Updated: Jan 1, 2026

Alex Lewin

Written by Alex Lewin

Founder & Director of Content

Best Bitcoin Exchanges for Beginners

River logo
5.0

RiverBest Overall

Bitcoin-only Exchange with Zero-Fee Recurring Buys

Key Details

Trading Fee:
0% - 0.99%
KYC Required:
Full KYC
Min. Deposit:
$1
Sign-up Bonus:
Up to $100 in BTC

Pros & Cons

✓ Top Pros:

  • Zero fees on recurring purchases
  • Bitcoin-only focus

✗ Consider:

  • US only
  • One-time purchases have fees
Swan Bitcoin logo
4.6

Swan BitcoinRecommended

Bitcoin-only Exchange Focused on Long-term Investing

Key Details

Trading Fee:
0.99% - 1.49%
KYC Required:
Full KYC
Min. Deposit:
$10
Sign-up Bonus:
$10 in BTC

Pros & Cons

✓ Top Pros:

  • Bitcoin-only focus
  • Automatic recurring purchases

✗ Consider:

  • US only
  • Higher fees than some competitors
Coinbase logo
4.5

CoinbaseRecommended

Popular Exchange with an Easy-to-use Interface

Key Details

Trading Fee:
0.50%
KYC Required:
Full KYC
Min. Deposit:
$2
Sign-up Bonus:
$10 in BTC

Pros & Cons

✓ Top Pros:

  • Extremely user-friendly interface
  • Strong security and insurance

✗ Consider:

  • Higher fees compared to competitors
  • Limited advanced trading features on basic platform

Best Bitcoin Exchanges for Beginners

Our top picks based on fees, security, and user experience

Recommended
Cash App logo
4.4

Cash App

Simple Mobile Payments App Supporting Bitcoin
Trading Fee:3%–0.75%
Spread:0–1%
Sign-up Bonus:Referral and BTC bonuses
P2P payments
BTC wallet
Auto-invest
Recommended
Shakepay logo
4.3

Shakepay

Canadian Bitcoin & Ethereum Exchange
Trading Fee:0%
Spread:2.26%
Sign-up Bonus:Referral bonuses and Shake feature
Instant Interac funding
BTC cashback card
Recurring buys

Detailed Comparison

Side-by-side comparison of fees, pricing, and requirements

ExchangeTrading FeeRegionsKYCSign-up BonusReview
Swan BitcoinSwan Bitcoin0.99% - 1.49%US onlyFull KYC$10 in BTC4.6
CoinbaseCoinbase0.50%US, EU, UK, 100+ countriesFull KYC$10 in BTC4.5
Cash AppCash App3%–0.75%US onlyFull KYCReferral and BTC bonuses4.4
ShakepayShakepay0%Canada onlyFull KYCReferral bonuses and Shake feature4.3
RiverRiver0% - 0.99%US onlyFull KYCUp to $100 in BTC5.0

Note: Prices and fees are subject to change. Trading fees may vary based on volume. Spread represents the difference between buy and sell prices. Always verify current rates on the exchange platform before trading.

How We Chose These Exchanges

To find the best exchanges for beginners, we evaluated each platform's user experience from a newcomer's perspective. We considered interface simplicity, onboarding process, educational resources, customer support quality, and security features that protect new users from common mistakes.

We also factored in minimum deposit requirements, payment method options, and whether the exchange offers features like automatic recurring purchases that help beginners build their Bitcoin holdings over time. The platforms below scored highest for ease of use while maintaining strong security standards.

Frequently Asked Questions

How do we rate Bitcoin exchanges?

Our ratings are based on a comprehensive evaluation of fees, security, ease of use, customer support, and additional features. We test each exchange ourselves, making real purchases and evaluating the entire user experience from sign-up to withdrawal.

Are these exchanges safe?

All exchanges listed here have strong security track records and implement industry-standard security measures. However, no exchange is 100% risk-free. We recommend using two-factor authentication, withdrawing to your own wallet for long-term storage, and never investing more than you can afford to lose.

How often do you update these rankings?

We review and update our rankings monthly to reflect changes in fees, features, and user experience. We also update immediately if there are significant security incidents or major platform changes that affect our recommendations.

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