Which Crypto Exchange?

GeordieGeorge

I seem to remember Mt Gox. being recommended as easy to use and very secure. This was a few years back, but they may be worth a look still.

Scottex99

GeordieGeorge said:

I seem to remember Mt Gox. being recommended as easy to use and very secure. This was a few years back, but they may be worth a look still.

7% of all the whole BTC supply at the time it went down.

Just read an article how the leverage in crypto markets is actually small and isolated enough that the industry could actually recover from the shock. What would happen to banks, liquidity etc if 7% of all USD disappeared tomorrow...?

bogleboogle

GeordieGeorge said:

I seem to remember Mt Gox. being recommended as easy to use and very secure. This was a few years back, but they may be worth a look still.

That was more than seven years ago, go back a few more years and you could have been with Lehman Brothers too. 

The crypto market was far less mature then, so your cute little troll post is as mundane as it is unhelpful.

foxy-stoat

[Deleted User] said:

The best one I have found to use is Revolut. Sure it isn't purely for Crypto, but very easy to add money and buy coins. Currently the coins on Revolut are held by them, but in the future they will give you access to the wallet.

I use Coinbase, Binance, Kraken, Crypto.com in addition and none are as easy to use as Revolut.

Crypto.com is by far the worst, I think they are overloaded as everything is slow. 

Incidentally, every penny I put in the coins I am prepared to lose, I have lost hundreds over the past month or so since the crash of coins. I know people that have lost thousands. Be prepared and only invest what you can lose, possibly instantly. I put in about £700 all in all and that will be all for now.

I have been using Binance until the recent news about barclays suspending deposits.....which exchange have your withdrawn GBP recently on without issues?  I haven't needed to use fiat money to buy crypto since February this year, its just when I cash out.  Last time I cashed a bit out was the day before the news on Binance, that when through to my Natwest account ok.

[Deleted User]

foxy-stoat said:

[Deleted User] said:

The best one I have found to use is Revolut. Sure it isn't purely for Crypto, but very easy to add money and buy coins. Currently the coins on Revolut are held by them, but in the future they will give you access to the wallet.

I use Coinbase, Binance, Kraken, Crypto.com in addition and none are as easy to use as Revolut.

Crypto.com is by far the worst, I think they are overloaded as everything is slow. 

Incidentally, every penny I put in the coins I am prepared to lose, I have lost hundreds over the past month or so since the crash of coins. I know people that have lost thousands. Be prepared and only invest what you can lose, possibly instantly. I put in about £700 all in all and that will be all for now.

I have been using Binance until the recent news about barclays suspending deposits.....which exchange have your withdrawn GBP recently on without issues?  I haven't needed to use fiat money to buy crypto since February this year, its just when I cash out.  Last time I cashed a bit out was the day before the news on Binance, that when through to my Natwest account ok.

I haven’t really tried to withdraw, I tried to get out of crypto.com but there is a £70/80 withdrawal limit so I just left it there. I have more in the others but I am leaving it there for years no matter what.

mariongriffiths

TheSilverBullet said:

Hi All,
I want to buy some bitcoin but would like some recommendations as to which Exchange to use. A friend says Coinbase is the best but I am already having issues with them and I haven't even placed a trade yet (I opened an account on Coinbase Pro, waited for my account to become approved, got an email saying I can now buy via card but not link a UK bank account. So I went to buy with a card only to be told the account is still under review so I can't fund the account. The other issue is that the Coinbase Pro screen is awful especially the charting - why can't I see a full size chart or resize/hide parts of the screen? and why only 12 and 26 day MA?).

Anyway, so I thought what's the number 2 choice?

Any help appreciated.

Thanks

Silver

I was apprehensive about buying crypto too, i really wanted to get into Bitcoin but I'm not the most risk taking person lol. I heard of the US having bitcoin cashback services, and I found that theres a Bitcoin company on the Isle of man that provides Bitcoin cashback on loads of shops I already used, like Currys, B&Q and loads of clothes shops (Shein, and I LOVE a bargain!). 

Made the whole thing less scary and I've managed to stack up like £50 worth of BTC now without even trying, its like Honey's browser extension but for bitcoin cashback