Is Atani a Good Crypto Exchange for Beginners?

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It is important for novice cryptocurrency traders to choose the right crypto exchange. Not all companies can be used when you are just starting your path in trading, which is why the success in cryptocurrency trading depends on making the right choice. Beginners often wonder whether Atani is a good crypto exchange to start trading with. In this article you will learn whether Atani is good for beginners, what its pros and cons are and what a novice trader needs to know.

Short summary about the broker Atani

Atani is a cryptocurrency exchange aggregator headquartered in Madrid and launched in 2019. It offers access to trading on 22 partner platforms, including Coinbase Pro, Binance, Kraken, HitBTC, Huobi, and Bitfinex. Atani Exchange was created by traders Paul and Heidi Barroso to provide a universal platform for cryptocurrency trading, portfolio management, and tax reporting. The partnership with the largest international exchanges allowed Atani to offer traders worldwide access to trade over 1,500 coins (BTC, LTC, ETH, XRP, etc.) and 9,000 cryptocurrency pairs.

💰 Account currency: Over 40 currencies, cryptocurrencies
🚀 Minimum deposit: From $1 
⚖️ Leverage: 1:1-1:100 (depending on the exchange chosen for trading)
💱 Spread: Varies depending on currency and exchange
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No

Atani Pros and Cons

👍 Advantages of trading with Atani:

no fee for providing access to the largest cryptocurrency exchanges in the world;

a huge range of digital assets to trade and exchange;

access to trading on 22 exchanges through a single interface;

providing discounts on currency exchanges on supported exchanges;

no minimum deposit requirements for the Free Plan;

Atani DEX is a handy author's terminal, which is based on TradingView and has all the necessary functionality for high-quality technical analysis;

the ability to connect free real-time price alerts by SMS, phone or email.

👎 Disadvantages of Atani:

The site was created recently, its activities are not regulated by the supervisory authorities;

investment solutions and affiliate programs are not available for traders;

online support is unavailable since there is no chat on the website or in the trading platform, communication with company representatives is possible only by email.

What is a Good Crypto Exchange for Beginners?

In order to choose the right broker for a beginner, you need to consider several aspects.

Here are the main ones:

  • Education. It is important for novice crypto traders to learn how to trade. An exchange can offer educational courses, video tutorials, articles, webinars, etc. The more learning opportunities there are the better.

  • Availability of a demo account. You will need this account to practice. It provides an opportunity for a beginner to trade risk free and try out trading strategies.

  • Availability of a simple method to buy cryptocurrencies. An exchange service or a P2P exchange would be an advantage for an exchange.

  • Low fees. The level of income of the trader depends on the level of the fees. Therefore, it is important to choose a company that charges minimum fees. Crypto exchanges mostly use the Maker and Taker fee model. It is important that you study them.

  • Instruments for passive investing. In addition to active trading, passive income is also important for beginners. Pay attention to availability of copy trading or staking.

  • Trading platform. It is important for a novice trader to choose the simplest trading platform that will be easy-to-use for trading.

In addition to these factors, you also need to consider how customer support operates, as it will also be important. Bonuses for beginners are also a nice perk.

Trading Conditions for Atani Users

Before you start working with an exchange, it is important that you evaluate its trading conditions. Atani offers traders the following conditions.

💻 Trading platform: Atani DEX (TradingView,-based platform fo the  Windows, Linux and MacOS), mobile applications
📊 Accounts: Free Plan (standard), API Developer (will be available soon)
💰 Account currency: Over 40 currencies, cryptocurrencies
💵 Replenishment / Withdrawal: Cards (debit/credit), bank transfer, electronic wallets, cryptocurrencies
🚀 Minimum deposit: From $1 
⚖️ Leverage: 1:1-1:100 (depending on the exchange chosen for trading)
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Varies depending on currency and exchange
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Orders execution: Market, Limit, Stop Limit, Stop Loss Market, Market Take Profit, Limit Take Profit, OCO
⭐ Trading features: Trading terms are determined by the exchange to which the client connects 
🎁 Contests and bonuses: Discounts on currency exchange fees from partners

Commissions and Fees

The size of commissions and fees is also an important factor of choice. Traders Union analysts have prepared a short review of Atani commissions and fees. In this section, you will find trading fees of the exchange as well as withdrawal fees.

Information

Traders Union analysts have not found any commissions with Atani. With this platform, traders connect to exchanges where they already have accounts and trade directly on them. Atani doesn’t charge for its intermediation, the client only pays the commission to their exchange. Also, Atani exchange doesn’t accept, store or withdraw client funds. Non-trading fees are only possible from the partner exchange, which retains them according to its own offer. An API Developer plan with access to advanced market data has already been announced on the Atani website. The usage fee will be $100 per month.

Account type Spread (minimum value) Withdrawal commission
Free Plan 0$ for the use of Atani + 6-18$ trading commission of partner exchanges Depends on the exchange chosen for trading

Investment programs of Atani

It is important for novice traders not only to trade actively, but also earn passive income. Passive investing can help you earn extra profit, and also compensate for the losses you may incur as a result of active trading. Atani offers the following passive income options.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Atani exchange is not designed for passive income. It can only be used to trade on its own on various platforms, it is not designed for investors.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Atani’s affiliate program:

Atani is a completely free platform that doesn’t profit from the trading of its clients but only redirects them to affiliate exchanges. For this reason, Atani has no affiliate or referral programs, but exchanges it supports do.  You can use them to earn affiliate commissions.

Conclusion. Is Atani good for beginners?

The Atani cryptocurrency exchange will be an excellent choice for beginners. The exchange offers a convenient trading platform, which a beginner can learn to work with rather quickly. There is an excellent education center with a large number of materials for novice traders. Also, traders can earn passive income on good conditions. Therefore, Atani could be considered as a good cryptocurrency exchange for a start.

FAQ

What do I need to know about the fees charged by cryptocurrency exchanges?

The majority of cryptocurrency exchanges use the Maker/Taker fee model. As a rule, they use a multi-level system for traders that depends on the trading volume. The higher the trader’s trading volume, the lower the fees.

How do I choose a reliable cryptocurrency exchange?

Crypto exchanges mostly operate without licenses, as the majority of countries haven’t adopted legislation to regulate them. In order to choose a reliable exchange, you need to find out about its reputation and read the reviews about user experiences with it.

How many cryptocurrencies could a crypto exchange offer?

The number of cryptocurrencies on the listing of a cryptocurrency exchange may be very different. Some platforms offer less than 10, while others – several hundreds. It is important that you check the choice of cryptocurrency before registering on the exchange.

What are the risks of investing in cryptocurrencies?

Investing in cryptocurrencies carry high risks due to their high volatility. It could cause substantial losses, which is why it is important to observe the rules of risk management.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.