Author

Topic: Looking for an exchnage that allows Leverage. (Read 52 times)

hero member
Activity: 2786
Merit: 902
yesssir! 🫡
I wanna double check something. OP, are you from UK or just somewhere else in the EU? because AFAIK, there is still a difference in products made available -- as far as exchanges who complies with regulatory bodies are concerned.

Last I checked, FCA was trying to block leverage trading for retail folks in the UK as much as possible. Kraken likely had to comply to their policies as well.
legendary
Activity: 2338
Merit: 1261
Heisenberg
If you are looking for an exchange with low trading and withdrawal fee, I will choose MEXC. I also trade on Bybit and it is good but I do not also like the withdrawal fee for its stable coins. I prefer MEXC which is also do not need KYC if available for people in your country.
I think Bybit is blocked in the UK.

OP may end up using exchanges that are official registered and recognized by the regulators over there



OP to cut on the deposit and withdrawal fees from and to your bank account, you might want to use p2p exchanges. Most of the modern exchanges have centralized p2p services.
jr. member
Activity: 38
Merit: 0
I don't want 100x haha
5x will do.
I just don't want to be paying suxh high fees to trade... To depsoit $1000 cost me $12 and then to withdraw that same amount another $12,.... $25... nah!
legendary
Activity: 2814
Merit: 1192
What about Bitmex? AFAIK that's the first exchange in the world that allowed 100x leverage, so they were built for that and Hayes is doing what he can to advertise active trading by spreading FUD here and there, telling people bitcoin is going to go down more in bear market and up in the bull market. Reminds me of so many "professional traders" out there.

They actually don't work in the US, but allow EU citizens to set up accounts, so that should work for you.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
If you are looking for an exchange with low trading and withdrawal fee, I will choose MEXC. I also trade on Bybit and it is good but I do not also like the withdrawal fee for its stable coins. I prefer MEXC which is also do not need KYC if available for people in your country.
copper member
Activity: 168
Merit: 6
Kraken now has taken all ability away for EU and UK user, leverage not possible. Only for businesses. Another dumb move by kraken.
Bybit has crazy fees o add and withdraw funds.
Can anyone suggest a legit exchange that allows leveraged trading?
Why don't you choose the Binance that gives up to 125x and also there are OKX in the list and as well kucoin.

And I think this topic should be on the exchange board not here so move your topic on the exchange board.  Wink

Yep.
OKX is the pick for me here, but I do think both have something to offer which the other.. would, but a bit differently Grin
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
Kraken now has taken all ability away for EU and UK user, leverage not possible. Only for businesses. Another dumb move by kraken.
Bybit has crazy fees o add and withdraw funds.
Can anyone suggest a legit exchange that allows leveraged trading?
Why don't you choose the Binance that gives up to 125x and also there are OKX in the list and as well kucoin.

And I think this topic should be on the exchange board not here so move your topic on the exchange board.  Wink
jr. member
Activity: 38
Merit: 0
Kraken now has taken all ability away for EU and UK user, leverage not possible. Only for businesses. Another dumb move by kraken.
Bybit has crazy fees o add and withdraw funds.
Can anyone suggest a legit exchange that allows leveraged trading?
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