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Author Topic: What's the best and trusted exchange for UK?  (Read 123 times)
pawel7777 (OP)
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May 29, 2023, 08:39:05 PM
 #1

The question is as in the topic.
After Binance stopped their partnership with Skrill and suspended GBP deposits via Bank Transfer (Faster Payments) and card as well as spot trading - what's the best alternative for the UK customers?

I mean an established, legit exchange with a good track record and no excessive fees. Any recommendations are welcome.

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Charles-Tim
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May 29, 2023, 08:50:22 PM
 #2

Read what OmegaStarScream, buwaytress and o_e_l_e_o posted on this thread: Binance stops GBP deposits in the UK - Where to buy Bitcoin in UK now?


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mk4
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May 30, 2023, 04:54:46 AM
 #3

Probably Kraken is probably the most reputable (but not the best in terms of liquidity) exchange for me. I've been following Jesse Powell for a while now and he's probably a CEO that wouldn't take retarded bets using their customer's money. But as always — not your keys, not your coins.

^This is assuming you're asking for a KYC exchange. If not, Bisq or HodlHodl.

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REsquare
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May 30, 2023, 07:34:29 AM
 #4

what about no kyc brokers?
Charles-Tim
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May 30, 2023, 12:09:40 PM
 #5

what about no kyc brokers?
I will recommend Bisq.

You make make more research yourself and check the exchanges on this link: https://kycnot.me/

o_e_l_e_o also recommend AgoraDesk.

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348Judah
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May 30, 2023, 12:19:27 PM
 #6

The question is as in the topic.
After Binance stopped their partnership with Skrill and suspended GBP deposits via Bank Transfer (Faster Payments) and card as well as spot trading - what's the best alternative for the UK customers?

I mean an established, legit exchange with a good track record and no excessive fees. Any recommendations are welcome.

This decision that Binance made would have been as a result of government regulations challenges in UK that they never come into agreement because not should this be in countries like UK, even some government also are stopping thejr bamks from performing anything te related to bitcoin or crypto transaction, this same could have happened in India but because they resolved the discrepancy as fast as possible before it escalated and resulted in the payment of tax for every transaction made, choose any exchange at your own risk because they will still have more reasons to why the exchange put a hold and am sure other exchanges may be worst than Binance.

R


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Woodie
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May 31, 2023, 09:03:41 AM
 #7

If you are still in need of an exchange,  you can give whitebit a shot  link to their site 》》》》https://whitebit.com

Personally I have used whitebit without any problems,  but you will have to do your own due diligence if you choose to use them,good luck.

R


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General_Bitcoin
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May 31, 2023, 09:11:00 AM
 #8

what about no kyc brokers?
I will recommend Bisq.

You make make more research yourself and check the exchanges on this link: https://kycnot.me/

o_e_l_e_o also recommend AgoraDesk.

I was also looking for exchange which works without KYC now heading for this Bisq hopefully this will work good for me in future.
pawel7777 (OP)
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May 31, 2023, 09:02:11 PM
 #9

Probably Kraken is probably the most reputable (but not the best in terms of liquidity) exchange for me. I've been following Jesse Powell for a while now and he's probably a CEO that wouldn't take retarded bets using their customer's money. But as always — not your keys, not your coins.

^This is assuming you're asking for a KYC exchange. If not, Bisq or HodlHodl.

Thanks. Yup, I don't mind KYC, I just remembered that I actually had an account there, but haven't used it in years. Might give it a try if fees are not as high as on Coinbase. Kraken did manage to build some good reputation and trust over the years, so could be a good choice.

This decision that Binance made would have been as a result of government regulations challenges in UK that they never come into agreement because not should this be in countries like UK, even some government also are stopping thejr bamks from performing anything te related to bitcoin or crypto transaction, this same could have happened in India but because they resolved the discrepancy as fast as possible before it escalated and resulted in the payment of tax for every transaction made, choose any exchange at your own risk because they will still have more reasons to why the exchange put a hold and am sure other exchanges may be worst than Binance.

I'm not sure what the reason behind it is, so far as the official communication from Binance goes, they will no longer use Skrill's services, so it's possible they'll find some alternative in the near future. Other exchanges are operating successfully, so it doesn't look like there's any government crack down on exchanges in the UK.

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DICE
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