Topic: Best exchange to start trading? (Read 1150 times)
Best exchanges for UK in my view, are Coinbase as well well gate exchange. I was about to suggest binance but i found it banned in uk from year ago. Otherwise binance could be best cause i haven't found volume, liquidity and traders as well as facilities like Binance. But undoubtedly coinbase could be best option for UK user/traders. It also provides you many facilities and advantage during trading. But make sure you have a good knowledge about trading. Doing profit from some trades, won't make you help survive in marlet for long
For a beginner I will suggest using kucoin exchange cause of it's simplicity and very user friendly interface . I started with it also when I was a newbie to crypto.Its not complicated at all.
Actually, I don’t really have much to see or advice you can go into Binance because currently I prefer using Binance to me that is where I have been making good profit and I understood how it works very well but whatever you are doing be careful. and you have to learn very well. I know Trading is gambling and very risky but it’s also good and advisable. You have some good knowledge before going into it proper I wouldn’t want you to be in a hurry come down and get all the information properly. From other replies, I may not reply you exact thing you want, but I am giving you a tip of advice.
Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.
What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
That’s a good bold step to take btw. Also as for the right exchange to use, personally I will recommend exchanges that will help you as regard to your trading journey. Exchanges like Bitget and Binance are currently the leading derivative exchanges, though I will recommend Bitget to you because of its features like the copy trading, bot trading and also the Smart portfolio bot; these are tools that will help you in your trading journey. What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
You are telling about copy trading, bot trading. both are high risky. If you don't have experience in trading and if you don't have trading & technical analyses skill then you shouldn’t jump in trading. copy trading can bring profit but suddenly you will face a big loss. coz you don’t have trading skill so you will not able to use right amount in right time.
It's true that, needs a lot of money to trade specially money need for better trading management. Without money, you can't do anything in bad situation when you need to add extra money to save your balance from liquidation. But trade is not for rich people only. Trade is for them who have knowledge about trading because a rich guy can ended up his money in trading if he take wrong decision and so is for poor guy to. Rich guys only get better management advantage, that's it
After all those knowledge if you don't use the best exchange for trading you'll lose all the money you have made from trading because we have many exchanges that are scams. They're scamming those people that are using their exchange ignorantly. Some exchange are listing anything they can list, exchanges are only after making their exchanges very active therefore they won't care what they listed. Kucoin is an exchange that any body that don't want to buy a projects that has nobody working on them shouldn't use. Kucoin list all types of cryptocurrency without doing their findings. I'll use a decentralized exchange than to use kucoin for trading because they also have low trading volumes and only copying other exchange to list the same projects that they're listing.
If they don't do a background checking on the exchange they select to trade for sure they would suffer on the consequences since there's a big chance that they might get scam. There are lots of scam exchange and they are trying to lure newbies to choose their exchange then scam them. That's why its important for people to always verify the legitimacy of the exchange so that no money will loss on any scams around.
Its easy to verify which exchange is the best since they can ask the community regarding on the feedback of those exchange then get some suggestion on what is the top one exchange to choose then they go for it.
if you are in a country where ownership of crypto assets is legal. I think the best exchange for those learning to trade is the local exchange in their country which provides deposits and withdrawals in the currency we have. it is simple and very helpful for beginners.
but when it comes to listed assets, of course, we have to look for whether the assets are popular or not and whether they are listed on several well-known exchanges or not. We have to be careful so that we don't make the wrong deposit or connect our wallet to an exchange website that we don't know the trustworthiness of.
It's true that, needs a lot of money to trade specially money need for better trading management. Without money, you can't do anything in bad situation when you need to add extra money to save your balance from liquidation. But trade is not for rich people only. Trade is for them who have knowledge about trading because a rich guy can ended up his money in trading if he take wrong decision and so is for poor guy to. Rich guys only get better management advantage, that's it
After all those knowledge if you don't use the best exchange for trading you'll lose all the money you have made from trading because we have many exchanges that are scams. They're scamming those people that are using their exchange ignorantly. Some exchange are listing anything they can list, exchanges are only after making their exchanges very active therefore they won't care what they listed. Kucoin is an exchange that any body that don't want to buy a projects that has nobody working on them shouldn't use. Kucoin list all types of cryptocurrency without doing their findings. I'll use a decentralized exchange than to use kucoin for trading because they also have low trading volumes and only copying other exchange to list the same projects that they're listing.
If they don't do a background checking on the exchange they select to trade for sure they would suffer on the consequences since there's a big chance that they might get scam. There are lots of scam exchange and they are trying to lure newbies to choose their exchange then scam them. That's why its important for people to always verify the legitimacy of the exchange so that no money will loss on any scams around.
Its easy to verify which exchange is the best since they can ask the community regarding on the feedback of those exchange then get some suggestion on what is the top one exchange to choose then they go for it.
It's true that, needs a lot of money to trade specially money need for better trading management. Without money, you can't do anything in bad situation when you need to add extra money to save your balance from liquidation. But trade is not for rich people only. Trade is for them who have knowledge about trading because a rich guy can ended up his money in trading if he take wrong decision and so is for poor guy to. Rich guys only get better management advantage, that's it
After all those knowledge if you don't use the best exchange for trading you'll lose all the money you have made from trading because we have many exchanges that are scams. They're scamming those people that are using their exchange ignorantly. Some exchange are listing anything they can list, exchanges are only after making their exchanges very active therefore they won't care what they listed. Kucoin is an exchange that any body that don't want to buy a projects that has nobody working on them shouldn't use. Kucoin list all types of cryptocurrency without doing their findings. I'll use a decentralized exchange than to use kucoin for trading because they also have low trading volumes and only copying other exchange to list the same projects that they're listing.
Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.
What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
Dear OP you are most welcome to trading. Now a days trading is most popular to profit from cryptocurrency. You told about 2 Altcoins and thats increased about 40% But if you mentioned about thats Altcoin that's will be better to help you to tell about It's market. But ignored it. What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
But i think Binance is best Exchanger ever. And this also trusted for investors and traders. Moreover huge good exchanger available in cryptocurrency market. You can trade there. If you want to trade with your $200 fund you can use Binance/kucoin/gate io/mexc etc exchanger. I think you can easily profit from trading if you follow trading rulesand trade properly.
Note- You have to analyze about it. Thanyou.
Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.
What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
That’s a good bold step to take btw. Also as for the right exchange to use, personally I will recommend exchanges that will help you as regard to your trading journey. Exchanges like Bitget and Binance are currently the leading derivative exchanges, though I will recommend Bitget to you because of its features like the copy trading, bot trading and also the Smart portfolio bot; these are tools that will help you in your trading journey. What is the best site for this in the UK?
I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
Some of the popular exchanges in the UK include Binance, Coinbase and Kraken. You can easily start with an investment of $200. Here each platform has its own feature fee and user interface. So you can find them according to your choice and meet the trading goals. You can set stop loss order to reduce the risk of trade. By starting small you can gain experience with little risk but always keep risk tolerance in mind.
It's true that, needs a lot of money to trade specially money need for better trading management. Without money, you can't do anything in bad situation when you need to add extra money to save your balance from liquidation. But trade is not for rich people only. Trade is for them who have knowledge about trading because a rich guy can ended up his money in trading if he take wrong decision and so is for poor guy to. Rich guys only get better management advantage, that's it
Don't go for altcoins what pump and dump too frequently. And make sure you have idea about trading so that you can find out why those altcoins prices are increasing or decreasing as well as some specific details which is necessary before buying those. And you can trade any exchange what allow uk user in their exchange for trading.. mainly you can check Coinbase and huobi exchange, they are giving best service to uk including Europe, as far my knowledge.
Altcoins are mostly coins that are made for a project; in short, they're like start-up coins where you can invest in them, but the risk is too high as the coins may not last for too long as the project lacks information, marketing strategy, and advertising. That's why they can't cope and end up dropping sharply. But this kind of coin, or altcoin, can also be a gem in the mud. What I mean is that even if it's too risky, there are altcoins that have the potential to reach an ATH or all-time high price before it drops sharply and completely disappears. In those happenings, you can find a window where, if you enter in the right price and time, you can earn a lot, or, in short, take advantage of the short time frame where the coins will reach ATH before they drop. Altcoins may be dangerous and risky, but they can still be a good investment if done correctly.
Don't go for altcoins what pump and dump too frequently. And make sure you have idea about trading so that you can find out why those altcoins prices are increasing or decreasing as well as some specific details which is necessary before buying those. And you can trade any exchange what allow uk user in their exchange for trading.. mainly you can check Coinbase and huobi exchange, they are giving best service to uk including Europe, as far my knowledge.
There are many good exchange available but First of all you need to ensure, if the altcoin is listed on that specific exchange or not which altcoin you are going to start trading with? Binance could be best for trading as well as many facilities is available there. Moreover kucoin is the also best exchange for altcoins trading as well as shitcoins too. Mexc is also my favorite exchange where still you don't need to verify kyc for deposit and withdraw your altcoin. But be careful with such coin that can pump 40-50% within 24 hours cause it could also dump as same way as pumped
Dump and pump anyways in every exchange but I like Binance exchange very much because the features are different and very easy. And in addition to this, copy trading has also been introduced and there are many other features, convert option is also available.
You can install whatever you want.but I really like binance It's awesome and I fully support it because it's a great exchange.
There are many good exchange available but First of all you need to ensure, if the altcoin is listed on that specific exchange or not which altcoin you are going to start trading with? Binance could be best for trading as well as many facilities is available there. Moreover kucoin is the also best exchange for altcoins trading as well as shitcoins too. Mexc is also my favorite exchange where still you don't need to verify kyc for deposit and withdraw your altcoin. But be careful with such coin that can pump 40-50% within 24 hours cause it could also dump as same way as pumped
To trade meme tokens, it would be better to prepare a mentality that is not easily shaken, because meme tokens usually have very unstable graphs, if we are lucky our money can be doubled in a matter of days or even minutes, but on the other hand we can also lose money in an instant. It depends whether we are mentally ready or not to trade with meme tokens, if we are not too ready, it is better to trade popular coins and it requires patience 
There are many good exchange available but First of all you need to ensure, if the altcoin is listed on that specific exchange or not which altcoin you are going to start trading with? Binance could be best for trading as well as many facilities is available there. Moreover kucoin is the also best exchange for altcoins trading as well as shitcoins too. Mexc is also my favorite exchange where still you don't need to verify kyc for deposit and withdraw your altcoin. But be careful with such coin that can pump 40-50% within 24 hours cause it could also dump as same way as pumped
Taking advantage of the upcoming bullish run is a great idea, and there is a lot of exchange and site to use but I'll recommend you use LATOKEN which happens to be one of the best, with an easy interface and low transaction fees, and you can find all new projects their with just the contract address.
Very easy to buy and sell.
And swapping is fantastic too.
Very easy to buy and sell.
And swapping is fantastic too.
As for me, I don't think about which is the best exchange, because what I look at and what is important to me is, of course, that I get a profit on the exchange platform. But you didn't mention which two types of altcoins you were talking about.
I was just curious, what cryptocurrency are you referring to? Does it also have a potential, and is it also on the list of top cryptocurrency on well-known platforms like Coinmarkecap, Coingecko, and others?
I was just curious, what cryptocurrency are you referring to? Does it also have a potential, and is it also on the list of top cryptocurrency on well-known platforms like Coinmarkecap, Coingecko, and others?
I think this is not even a matter of using the best exchange to trade any cryptocurrency portfolio. It is all about using exchanges that has random coins we can trade and try as much to make money for no ourselves.
Exchange like binance is known for trading large portfolios but as far as I know, Binance has limit coin portfolio. There are so coins you will never find on binance trade because the exchange is very strict at the way it regulate so many coin. Any coin project that do not have a stable liquidity, it removes them from the list of numerous coins available on it platform.
But you didn't mention which two types of altcoins you were talking about.
OP already mentioned it. under his first post in this thread. you can read it.The two altcoins I am talking about are Alliance Block & Kaspa which have both been very up and down over the last week or so. Alliance Block pumped 35% in less than a day today.
I am just getting bored of only buying and waiting for bull run as I have been doing that for almost 2 years now
I am just getting bored of only buying and waiting for bull run as I have been doing that for almost 2 years now
You have to check several exchanges where that altcoin is listed. and if you want to start trading of course it would be better to choose a higher trading volume.
If you look at coinmarketcap, these two altcoins have entered major exchanges such as Kucoin and several others. It depends on whether the OP prefers which exchange or if he already has an account on which exchange, that will help him more in starting trading.
As for me, I don't think about which is the best exchange, because what I look at and what is important to me is, of course, that I get a profit on the exchange platform. But you didn't mention which two types of altcoins you were talking about.
I was just curious, what cryptocurrency are you referring to? Does it also have a potential, and is it also on the list of top cryptocurrency on well-known platforms like Coinmarkecap, Coingecko, and others?
I was just curious, what cryptocurrency are you referring to? Does it also have a potential, and is it also on the list of top cryptocurrency on well-known platforms like Coinmarkecap, Coingecko, and others?
Jump to: