This is newbie talk, so don't kill me. I want to learn, but it seems so complicated.
I want to - sell BTC for ETH, and then sell that ETH for more BTC than I started the trade with. Sounds like a simple way to start, yet I know it won't be.
My biggest concern is that there are so many exchanges. How the heck do I know which ones will pay me after I make an exchange? I know I have to check their reserve balance, but what else should I look for?
Most exchanges will verified badge on twitter will surely pay you.
Just check top 5 exchanges on coingecko.com and choose your preferred one due to withdrawal fees. Although, i will recommend FTX exchange because they have lesser withdrawal fees