Best exchange to start trading?

[JamesDaniel90]

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.

[1714522521]

1714522521

[1714522521]

1714522521

[1714522521]

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[BitMaxz]

Do you mind to tell us what 2 altcoins you want to trade?
So that we can find the right exchange that supports these two coins.

Or search for the coins you want here https://www.coingecko.com/ and then check the coin and what exchange supports it.

[Oshosondy]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

[HelliumZ]

There are certain precautions you must take when choosing an exchange to trade with. Whether you choose a decentralized or centralized exchange for trading, security matters more. It should be remembered that if you choose a centralized exchange but do not pay attention to security issues, you will be facing a big threat.

[JamesDaniel90]

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

[DirtyKeyboard]

Following the above advice it looks like KuCoin and Bitfinex are good options, but apparently those exchanges don't operate in the UK.

ra/]https[Suspicious link removed]ra/

https://coinmarketcap.com/currencies/kaspa/

What exchange do you currently use, if you don't mind providing that info?

EDIT: the allianceblock-nexera/ is getting marked as Suspicious. 

That might be a sign... 

[cryptoaddictchie]

What coins are you buying? Majot exchange list only good projects on Binance and Kucoin, but if you also trading other unknown coins these are usually present on mexc exchange. Id like to use this they dont need to engage with KYC and Ive been using that eversince. Well for major coins its alwsys Binance on the top of the list as it have huge volume and very user friendly exchange.

[BlackBoss_]

What is the best site for this in the UK?

It's hard to say what is a best exchange for you because to choose an exchange, you have to consider many things: KYC or non-KYC, Taker, Maker trading fee, withdrawal fee.

I am not sure about UK, you can find some from exchanges for Europe.
https://www.cryptowisser.com/exchanges?continent=EU&coins=&fee=2.0

If you don't like KYC
https://kycnot.me/

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.

I will go frankly with you, trading is difficult and it's hard to get rich with trading.

Your capital for trading is smal, $200 and I will use it for investment to layer 2 projects like Arbitrum or Optimism. If these projects successfully make its bull run in 2024 and 2025, chance for x10 or x20 with their tokens is possible. It's a better choice than trading.

[ImThour]

You should start with any exchange that doesn't require you to provide KYC documents to just buy or sell, withdraw, and deposit. There might be a limit to it (On withdrawals) however it's the best option if you want to go with a Centralised Exchange. Earlier, you could just use Binance as it's the #1 Exchange in terms of liquidity and overall stability.

[Lida93]

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 hold the forth stockpiling for a wholesome 2 years now and just a few months in view to the BTC halving and a harmonizing bull run you have suddenly gone grew bored. That's weird.

Trade is completely different from holding, the risk associated with it is too high that $200 can't take you anywhere and from your op it's obvious you are about trading for the first time which very unlikely for you to make profit, so don't get too comfortable with a few basics you must have learnt about trading. Am not being pessimistic but realistic with you, to be a better trader you have to be prepared to make losses and those losses means money , the preliminary question you be asking yourself is are you ready to lose your money and be comfortable about it.

[2Pizza410000BTC]

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.

If you are very experienced about trading then surely you can earn money by trading. But you can use Binance Exchange and kucoin Exchange for trading. Because all these exchange sites are very useful for trading. You can trade with $200 or less it's up to you but always remember not to get too greedy with altcoin and don't hold it for long. Because at any moment the altcoin market can be dumping. Once the altcoin market takes a dump, it takes a long time to recover. I went into trading thinking like you but in return I got hurt in my trading. Whatever your goal is, I hope you succeed.

[Awaklara]

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.

You can see the altcoin you are referring to listed on certain exchanges. and you can see the best price and trading volume that you can choose.
whatever you will earn depends on how good you are at trading. You may see the opportunities some altcoins present, but without the skills to trade you won't make anything.
you can't just talk about profits when trading. because there is a risk that you will lose money if you make the wrong analysis.

[DaNNy001]

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.

If you are very experienced about trading then surely you can earn money by trading. But you can use Binance Exchange and kucoin Exchange for trading. Because all these exchange sites are very useful for trading. You can trade with $200 or less it's up to you but always remember not to get too greedy with altcoin and don't hold it for long. Because at any moment the altcoin market can be dumping. Once the altcoin market takes a dump, it takes a long time to recover. I went into trading thinking like you but in return I got hurt in my trading. Whatever your goal is, I hope you succeed.

You are not the only who got affected by trading as I was also a victim of such loss as I thought of how easy people were actually claiming trading is and how much profits they have made from it and this increase my anxiousness and curiosity to get into the trading world and I learnt my lesson the hard way as I lost some tangible fund in trading and since then I don't even believe all these ads about how trading is beneficial and how people are using it to make a living and I bet that if you follow these ads you will just end up crashed and wrecked. Although as for now I see that people are saying that trading can be beneficial if you learn the trade very well but with my experience I think even the so called expert get the losses.

[JamesDaniel90]

Like I said I am not looking at trading to make a big return and if I start with $200 will be happy if I can turn that into $1k to then invest the profits in my long term position.

Alliance block I mentioned above has pumped even more and done over 55% now in less than 24 hours so had I put my $200 in when I thought I would now be over $300 in less then a day.

The plan would then be to put that $300+ into another coin that yet to pump, wait for it to go up then repeat till i reach $1k so it is swing trading I am thinking of.

[Z390]

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.

I would rather use that $200 to invest in Bitcoin than to waste it on trading, I am expecting you to say that I am trying to discourage you because it's what most newbies used to say on here but I don't care, the truth is always something you guys don't want to hear, trading isn't something you can start because you have the money, as a matter of fact put that money aside first, what do you know about trading? Nothing, just because you have money to try trading out doesn't mean you should, there is also no demo trade for crypto trading available that I know of, if you want to know trading start learning first and when you are at a level you are free to use $10- $20 dollars as your testing amount, not $200.

I have cousins that are into trading, as smart and educated that they are, it took them three years to start knowing the real strategy of trading, they started with rush and they lost a lot of money but that's not even the case, the thing is they end up in debt and I came to their rights rescue, trading is not like investing in coins and tokens, it's very complicated and you need to take your time in learning only, fix your mind on learning it instead of thinking about making money right now, the longer you take your time in learning the more you will get better knowledge about trading.

I won't dare stop you if you are ready to pay for your own ignorance though, but I hope you will listen, it's not about having money to trade, it's about the skills you have gained from learning how to trade, start your trading journey today with zero money, learn how to read the charts and other important things, this is like going back to school honestly, you will come back and tell me that I am right.

[mk4]

It will totally depend on the coins you want to trade lol. If you're talking about majors, then just go with the biggest exchange that's available in your country.

If you're going to trade the bottom-of-the-barrel shitcoins, then you're going to need to go with the kuCoin's and Gate.io's.

[Coyster]

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.

You want to trade with altcoins, and not Bitcoin; so this topic should prolly be in the altcoin discussion board.

I don't know anything about these two coins you have just mentioned, but i know they are pump and dump coins, you have seen them pump and that's why you want to get in right now, mind you that it is the dump that usually follows next. Altcoins generally do not have any actual utility like Bitcoin does, so they just pump and dump and if you must buy them, you have to know when to sell; if you hodl it longer than necessary, you might end up being a badholder. That's why buying/trading altcoins is generally regarded as gambling.

[Deva1290]

It will totally depend on the coins you want to trade lol. If you're talking about majors, then just go with the biggest exchange that's available in your country.

If you're going to trade the bottom-of-the-barrel shitcoins, then you're going to need to go with the kuCoin's and Gate.io's.

yes Mate i totally agreed with you we have many choice to pick exchanges which most high trustable exchange (Binance , Kucoin , Bitget , Gate etc ) to give us all comforts to make simple way trades and gives us user friendly experience

[2Pizza410000BTC]

Like I said I am not looking at trading to make a big return and if I start with $200 will be happy if I can turn that into $1k to then invest the profits in my long term position.

Alliance block I mentioned above has pumped even more and done over 55% now in less than 24 hours so had I put my $200 in when I thought I would now be over $300 in less then a day.

The plan would then be to put that $300+ into another coin that yet to pump, wait for it to go up then repeat till i reach $1k so it is swing trading I am thinking of.

You think and say very simply but in reality completely different. Every time you think about turning $200 into $300 and $300 into $1000 you will never be able to do it if you actually want to do it. Everyone thinks like you and by participating in trading platforms with your thoughts, at some point it becomes difficult for many to return with the original balance. In some cases people lose their original balance. But I want to tell you that if you are very skilled in trading then you can do trading and if you are less qualified then avoid trading because at any moment your trading can be damaged.

[taufik123]

If you just want to get started, there are many Exchanges to choose from.
Binance is the most popular trading place.

But the question is, do you already have good trading knowledge so you feel very confident that you can get a profit with the $200.

At first, you are just a Holder and want to try trading.
It can be risky if you don't have the basics.

It's not easy to grow a profit with just $200, let alone you make quick trades.
Plan to make extra money with $200 capital, it could be the start of you losing $200, and you lose some of your long-term investment.

[EFS]

If I were a new trader I would stick to the major coins only and use major exchanges. I'm not sure about UK laws but if it's available I would use Binance to trade.
You picked 2 coins from Kucoin, that's also a well known exchange. Since you start with small amount of money don't be scared about KYC processes.

[boyptc]

Binance is what usually will be suggested but check them out if it's still allowed on your area because AFAIK, there have been some issues from that region.

Well, it's easy for you to check the exchanges available in your location because of your IP. The results will suggest you the most possible and suggested exchanges in your area.

But don't be closed minded to the suggestions, check also those that won't require you to do kyc if kycnot.me is allowed in your location.

[shawonngp]

Which coins you want to trade you didn't mentioned. If your coins listed on Binance then it's a good reputed exchange with no doubt but you need to complete kyc on Binance.
Both of kucoin and mexc also major exchanges here you can trade without kyc but you can withdraw limited amount of USD.

[Stable090]

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.

Trading might not be easy the way you see it, you might see two different altcoins pump in less than 24 hours, but that doesn’t mean if you decide to start trading, the coins that you will be trading will pump. When looking at the market and you are not into it yet, everything is always looking easy, but immediately you start trading, you will notice that most of the coins you are trading won’t be pumping, and that’s when you will start noticing a reduction in their prices. If you want to trade, you need to understand what trading is really all about, and you should know that you can easily lose money from trading. Don’t be pushed by what you are seeing in the market currently.

[Coyster]

Which coins you want to trade you didn't mentioned.

Op has already mentioned the coins that they want to trade, and you can find it in this post:

The two altcoins I am talking about are Alliance Block & Kaspa...

Both of kucoin and mexc also major exchanges here you can trade without kyc but you can withdraw limited amount of USD.

You can no longer trade on Kucoin without passing KYC, Kucoin introduced compulsory KYC since July, and you need to verify your identity before you can access any of their services:
https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july

[AnisahSiti]

Binance is a good one. The exchange also provides P2P which makes the deposit and withdrawal process easier, to access P2P Binance requires a KYC process. Second option MEXC or Kucoin. I used MEXC without KYC until recently.

[royalfestus]

There are certain precautions you must take when choosing an exchange to trade with. Whether you choose a decentralized or centralized exchange for trading, security matters more. It should be remembered that if you choose a centralized exchange but do not pay attention to security issues, you will be facing a big threat.

As with the ability to trade, I feel the DEX with their top DEX platform, like Bitcoin and Pancake, Ethereum and Uniswap, will have a huge advantage. The platform provides a way to trade anonymously and escape government monitoring. There will also be a greater number of coins on the platform than on the CEX. Choosing a CEX depends on a country's residence and the future viability of fiat-crypto exchanges.

[jeraldskie11]

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.

Currently the best exchange right now is Binance but unfortunately it will not accepting new users since October 2023. However, there are good alternative exchange that is good for trading.

My only advice since you're just a beginner, I would recommend to always manage your risk. I know that we are here for money but we should bear in mind that it will never come easy. Don't force your profit if you see that the market is not tradable. Always stick to your plan.

[yudi09]

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.

There are many markets available for Kaspa, such as KuCoin, Gate.io, Bybit with several pairs available such as KAS/USDT, KAS/TRY, KAS/KRW.
https://coinmarketcap.com/currencies/kaspa/#Markets

If OP means AllianceBlock Nexera (NXRA), then this token/coin is available on several exchanges such as KuCoin, Uniswap v3, MEXC, Bitrue.
Available NXRA token/coin pairs available, NXRA/ETH, NXRA/WETH, NXRA/USDT.
https://coinmarketcap.com/currencies/allianceblock-nexera/#Markets

[target]

Also don't trade with altcoin/USD ita not the ideal pair to trade since altcoins are not that volatile. Since all you are after in trading is to profit, you need the volatile market which is this BTC/USDT. The more volatile the market, the price spikes and plunges deep where you can profite substantially even with just a capital of $200.

[Lakai01]

As with the ability to trade, I feel the DEX with their top DEX platform, like Bitcoin and Pancake, Ethereum and Uniswap, will have a huge advantage.

In my opinion, you can't put it that simply. Slippage in particular makes it relatively difficult to predict how high the profit/loss on the sale will actually be. It's similar to selling at the market price on a CEX, where you also don't know what price you will actually achieve.
In addition, techniques such as stop-loss and take-profit do not exist on a DEX (or not to the same extent). This is one of the most important tools for any trader.

I would therefore advise the @OP to start on a highly frequented CEX, e.g. Coinbase or Binance. Not only do you have the required volume there, but the fees to be paid are also known in advance.

[cute nmp]

For beginner i will suggest kucoin or binance exchange ,Both  are very user friendly and  very easy to use . You can learn either spot trading or Futures on both platforms there are lots of educational contents and guides for newbies. The only con's about the exchanges is that both requires Kyc before one can be able to access their services now . I will also suggest that you find a pro that can help guide you with your crypto investment to avoid loosing so much money as you are just starting out now.

[Bananington]

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.

I just hope that this your decision has been well thought about because profit is not always made from trading especially when hurried into, you have to have conceived the thought and practiced first on demo accounts if you are new trading before trying to trade with money on the live market if not you will loose your money to the market and be bitter for trying to trade. If you are not trading, you can focus on making profit from still doing what you have been doing, which is buying and waiting, you will just have to be more patient.

[ajiz138]

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.

So you're located in the UK? Actually, Binance exchange is good, but there is an article saying that Binance exchange in UK is not accepting new customers since October 16th.
https://www.binance.com/en-GB/blog/all/update-on-binance-for-uk-users-937596818854026589

You can do that if you have the skills with $200 capital, but you should know that trading is risky especially with the price of altcoins constantly fluctuating, actually it's up to you I you can earn during the trade.

[sokani]

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

According to coinmarketcap, there are about 22 exchanges where Kaspa is listed and among the list, Kucoin, MERC and Binance are the most reputable exchanges. If you just want to trade with smaller funds, I would suggest MEXC or Binance because you can trade and withdraw your small profit without the need to submit your personal information for KYC verification.

Kaspa just got listed on Binance two days ago, and it hasn't been updated on coinmarketcap yet.

[Nrcewker]

There are many exchanges, but you should always go for the exchanges that are operating in the market since many years and have a good reputation. Many new and shady exchanges promotes attractive offers, and when trader joins and deposits money there, the funds gets locked. If you ask me then Kucoin and Binance are the best exchange possible to trade. Just try searching for the coins, and make good profits here.

[Huppercase]

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.

Are you trading for real or you are only trying to buy a coin to hold? Buying and holding is different from trading. You can buy an altcoin and hold it depending on the duration you want to hold that asset for, it could be for long term and it could also be for shorter terms and when the coin in particular is pump, you will have some gains but it's not an assurance because altcoins are very unpredictable, it's what you wish you might see happening later in the future.

Trading is great way to collect many % profit but you need the knowledge, you don't have to jump into trading if you don't really understand how to trade and how it work. You need to take your time to learn that but if you already understand trading, then you are good to go. I will suggest you look into Aptos, Sui, Ambitrum and Avalanche. These coins have been rolling out updates recently but please don't take their certainty from my mouth, do your own research.

[traderethereum]

We can provide a list of exchange sites we currently use @OP. But you still have to do your own research to find an exchange that suits you.
What we suggest does not guarantee that you can use it well. Many people still use Binance, KuCoin, Bybit, OKEx, and you can see CoinGecko in the Exchanges section.
Once you get the exchange, check it yourself to see if it is the exchange you want.
We cannot rely on advice from other people to use directly, but advice from other people is useful for our consideration in choosing the exchange.
So you can start looking for it and remember that these exchange sites require you to do KYC. Make sure you have read the rules before you register.

[Faisal2202]

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 a good opportunity to make some extra money which would then mean I can invest more into my long term plays.

I was going to mention Binance but Binance exchange doesn't have a good relationship with the UK government so I will say you can go for Kraken, Etoro, or Coinbase. But the thing is, not every altcoin is listed on every exchange, therefore it might be possible that the exchanges I suggested aren't comprised of those alt in which you wanted to trade.

And talking about a volatile market in which you are planning to make some profit but keep in mind that a volatile market does not mean, you will make a profit only, it also means you can lose too. So must remain prepared for it too. Although $200 is not that much but good to take a start.

[shawonngp]

Both of kucoin and mexc also major exchanges here you can trade without kyc but you can withdraw limited amount of USD.

You can no longer trade on Kucoin without passing KYC, Kucoin introduced compulsory KYC since July, and you need to verify your identity before you can access any of their services:
https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july

I am users of Kucoin exchange for long time and used it without KYC, But this year i was not active in Kucoin, Actually i don't need to use Kucoin that might be my mistake, i don't know about they introduce KYC and it's mandatory. Thanks for the sharing it. Now only MEXC is not require to pass KYC i know.

[ZAINmalik75]

For beginner i will suggest kucoin or binance exchange ,Both  are very user friendly and  very easy to use . You can learn either spot trading or Futures on both platforms there are lots of educational contents and guides for newbies. The only con's about the exchanges is that both requires Kyc before one can be able to access their services now . I will also suggest that you find a pro that can help guide you with your crypto investment to avoid loosing so much money as you are just starting out now.

For newbies, centralised exchanges are the simplest exchanges that they can easily use because they are user-friendly and easy to understand. As you said, on centralised exchanges, you have to do KYC, and that is for sure, but not on all exchanges. There are still many exchanges on which you don't have to do KYC, but that still poses a threat because in the future they might ask you to do KYC.

Therefore, KYC is a problem if you go for decentralised exchanges like Uniswap, etc., but they won't be futuristic like Binance or Kucoin.
And a newbie should not try futures trading directly because it's highly risky due to the liquidation price. Otherwise, you don't have to look for the liquidation price, and you can buy a token, and when it makes you some profit, you can sell it. But both need some analysis.

[2girls]

Using Binance Exchange for a long time I'm in love with that Exchange due to its impressive strong security through which my funds I seems are safe there.

I didn't use many exchanges but used the Kucoin Exchange, MEXC Exchange and the Bybit Exchange on all of these I found the Binance most better for me and easy to use and interface is simply amazing.

After that I can say that Bybit is good one for the new users and even they can start with the MEXC Exchange just for learning the trading. And it has also a low fee of trading which is better for newbie.

[terrific]

There is this article that I have searched for you - https://www.techopedia.com/cryptocurrency/best-crypto-exchange-uk
It lists Binance, Coinbase, CEX, and many other known crypto exchanges as well. That's not a problem for you anymore because there are a lot of them that you can use if you are from UK.

[Coyster]

Now only MEXC is not require to pass KYC i know.

There are a few other centralized exchanges that allow no KYC for transactions up to a certain amount, but just as Kucoin made KYC mandatory for all transactions and services, many centralized exchanges would also do the same thing along the line. I have not used MEXC exchange before and i don't know if they are such a good exchange, but i found this online for those who want to use them because they are a no-kyc centralized exchange:

You can get started using the platform with no KYC. However, MecX does require KYC for certain types of transactions, such as crypto-to-crypto and derivative trades.

Using Binance Exchange for a long time I'm in love with that Exchange due to its impressive strong security through which my funds I seems are safe there.

Binance is an exchange you can use for trading if you are not concerned about your privacy, but it is not for keeping your coins, because your coins can never be safe in a centralized exchange.

[goinmerry]

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.

You have to mention that 2 altcoins you are referring to somehow give you a much more appropriate answer. There are lots of good exchanges around to start trading however since you pinpoint those 2 altcoins, we can't answer you in general as some altcoins are listed in specific exchanges.

Anyway, I hope you understand what you are dealing with. Always be cautious with an altcoin that pumps crazy in less than 24 hours.

Taking that ride is a clear sign of being under a FOMO.

[Hyphen(-)]

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 this this could be a a good opportunity to make some extra money,, which would then mean I can invest more in my long-term plays.

Note that trading is risky, and if you do not have good trading knowledge, you can lose money in trading.

A coin that pumps today might drop tomorrow, so going directly to trade the coin just because it gains some percentage within 24 hours is risky because it might have gained this pump for some reasons; therefore, do your research before you start your trading journey.

You can use coin geko to search for the coin and know more about it, including the exchange it is listed on, the coin trading volume, its ATH, and so on.

Also, to get the best trading platforms, centralized exchanges are the best for trading; the only challenge with them is the KYC they require before you start using them. But you can check here for exchanges that do not require KYC and are also good for trading.

[macson]

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.

just like the question another member asked, what altcoin do you want to trade? As far as i know, Binance is a very popular exchange in the UK, the choice of altcoins is quite complete and the liquidity of the altcoins listed there is also quite good, so i recommend choosing to trade on Binance, but there are other options such as Etoro or Gemini ^{(also do your research it's up to you to find out which exchange is the most comfortable for you in terms of fee size, tools and interface)}.  If you want to trade on altcoins that are not yet listed on a major exchange then also avoid trading on exchange sites that are unclear and new.

[DVlog]

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.

Use any exchange that has most of the volume and trading pairs. If you are planning to use an exchange from the UK then kraken can be a good exchange for you as it has a trading pair with EUR. Binance can also be used as it has most of the tokens listed on the market.

About those 2 altcoins you have seen pumping 40% in 24 hours is normal in this current situation. We are currently in a mini altseason and many projects have already pumped multiple times and are still pumping. Don't be fooled by seeing this price surge as all these will make a correction more than it pumped over night if BTC falls towards 20k. At first understand the nature of the crypto market before you risk your hard earned money by trading crypto.

[Lanatsa]

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.

If you've been able to make some good money on 2 altcoins that you are investing on which having that pump of 40% in 24 hours then its good but dont make yourself that confident. Why? pump doesnt last forever and it would really be just that wise that you should really be getting out before the correction happens because we dont really know on what would happen next. This is why it would be always ideal that you should really be securing your profits while you still can so that you wont really be that making yourself having those regrets on not to do so just because you are expecting something more.

Speaking about exchange then better to choose up on whats the current best ones in the market.

1. Binance
2. Kucoin
3. OKX

These are the exchanges i've been using but of course you would really be that basing or depending up on the coins that you are involving
into since not all coins been listed on to those top exchange which are usually be found on dex or low liquidity platforms so its up to you
on making your own research basing up on the project that you are involving into.

[gunhell16]

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.

You didn't mention what altcoins you are referring to, dude. What exactly are they? Most of them are altcoins because they can give a profit to any of us here in the crypto space. And if 200 dollars is the beginning of trading that you will turn into capital, that is actually big for me.

That's why I just don't know if you know anything about trading, do you? because if you don't have it, it's better that you know something about it so that your money doesn't go to waste. It's still important that you have a real understanding of this, rather than the fact that we'll just be confused or rely on luck because it's not the same as gambling.

[KingsDen]

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 exactly have you been buying?
Bitcoin or a stable coin?

...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.

As the market is starting to get volatile, it is a period to make good profits. But you need to remember that volatility is an two edged sword. It can go green and also go red. Prepare for the worse as you embark in your mission.

[Mpamaegbu]

Like I said I am not looking at trading to make a big return and if I start with $200 will be happy if I can turn that into $1k to then invest the profits in my long term position.

$200 to $1k is a massive achievement. It's huge if we want to consider your idea of, "not looking at trading to make a big return". Anyone who gets that ROI should applaud themselves for such a feat. Again, you shouldn't be carried away or be blinded by the profit you made by turning your $200 to $300 and then neglect the high risk associated with investment in altcoins. Mind the tokens you invest in. Also, always check and follow media channels of these tokens you've invested into to know what goes on with them. That way, you will easily know when a dump is coming or when favourable news emanate.

What exactly have you been buying?
Bitcoin or a stable coin?

OP mentioned it in their next post, perhaps you didn't read further. They said the alts were Alliance Block & Kaspa.

[benalexis12]

Both of kucoin and mexc also major exchanges here you can trade without kyc but you can withdraw limited amount of USD.

You can no longer trade on Kucoin without passing KYC, Kucoin introduced compulsory KYC since July, and you need to verify your identity before you can access any of their services:
https://cointelegraph.com/news/kucoin-crypto-exchange-to-introduce-mandatory-kyc-in-july

I am users of Kucoin exchange for long time and used it without KYC, But this year i was not active in Kucoin, Actually i don't need to use Kucoin that might be my mistake, i don't know about they introduce KYC and it's mandatory. Thanks for the sharing it. Now only MEXC is not require to pass KYC i know.

I used to be a Kucoin user, but when there were changes in its policies that required having Kyc, I stopped using it, but I actually used it for a long time. It's good that when something is lost, there will be a replacement.

And like you, I'm also using Mexc now, because even though I don't have Kyc on this platform, I can freely do trading here and transactions in terms of deposit and withdrawal. Secondly, Gate.io is also okay with me, even without Kyc; it can also be used.

[rat03gopoh]

Like I said I am not looking at trading to make a big return and if I start with $200 will be happy if I can turn that into $1k to then invest the profits in my long term position.

Alliance block I mentioned above has pumped even more and done over 55% now in less than 24 hours so had I put my $200 in when I thought I would now be over $300 in less then a day.

$200 to $1k is 5 times the upside, that's very extreme volatility in percentage terms. Hopefully it's not a bubble that will soon burst.

The plan would then be to put that $300+ into another coin that yet to pump, wait for it to go up then repeat till i reach $1k so it is swing trading I am thinking of.

Well, there are over 1k+ unpumped coins yet out there, how do you do that with $300?

[Inwestour]

With such an amount, you don’t really need to spend a lot of time searching for a special exchange, just choose from the top ones that are available in your region and start trading. I say that you need to choose from the top exchanges, because there is good liquidity there, but in your case this is not so important because with this amount it will not be so important for you. Now the most important thing is to learn how to make a profit.

[GreenStox]

buying such coins of course increases your risk of losing, but initially some of these types of coins can pump up to 3x but you have to know when to get out.
because traders must be able to control their emotions.
If you want to invest long term you can try Binance.

[rozak]

buying such coins of course increases your risk of losing,

Every coin has a risk for you to lose. that's common in trading. Even if you choose Bitcoin in your trading, but you are not a good trader, you can still lose.

If you want to invest long term you can try Binance.

I don't understand the meaning of your suggestion. The OP is talking about altcoin trading. but you recommend long-term investment in Binance. Do you still think investing and putting your assets on an exchange is safe?

many exchanges are suitable for trading, especially those with good trading volume. but I'm not sure about the altcoin that OP mentioned.

[ItsCrafty]

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.

I always thinking about my self how to safe from loss then I have my self experienced dont start from 200 dollars minimum amount should be 2000 dollars which is best saving from loss.
when you start a trade so you have back up money to invest it again then you will always safe from loss

[shawonngp]

Using Binance Exchange for a long time I'm in love with that Exchange due to its impressive strong security through which my funds I seems are safe there.

We consider Binance exchange more secure as it is the most popular cryptocurrencies exchange in the crypto space. But centralized exchange will never 100% safe because it can be hacked at any time & you have no control with your assets, It's a big disadvantage in CEX's. 

[syedakhlaque]

I have used bitforex exchange for success trading of altcoin. I found it well and trustful. This exchange give me good business in trading. This was my personal experience. I also have good experience on working Binance and kucoin also and Binance is mostly No.1 on ranking. There are some other good secure exchanges like coin base exchange kraken bybit ,okx,bitget, bit stamp,bitfinex, gemini,crpto.com exchage etc. These all exchanges are working well and these are secure and trustworthy. You ccn working on some of them according to your will.

[AYOBA]

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.

It is only your actions that will take you closer to your goals because success is your responsibility? It may not be my responsibility to act on your behalf, but allow me to remind you of this trip. I want you to remember that every journey in life involves some danger. Before you start trading, make sure you've done a lot of research on the coins you intend to buy. Don't rush because you've heard the bull run is knocking our door. The best thing for you to do right now is to go meet individuals who know a lot about different coins, and I can see that many people have recommended you with several sites that, if you take your time and look through them, will help you a lot.

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.

Yes, this is a fantastic option if you truly want to start with this small amount in order to learn about market tactics. As a biginner, it is not a good idea to start with a significant amount of money. Many people lose money because they to invest money that they cannot afford. It has occasionally happened that some people will take out a loan for investments. How about if you lose? For this reason, it's wise for someone to spend only amount they can bear to lose.
 

[Cryptomultiplier]

Am very conversant with the workings of Binance, mostly when it involves a newbie getting the hang of a simpler or lite version of the exchange to understand trading with.
Kucoin is also one of which will give a newbie a good experience too.

Incase a newbie understands how AI and bots work and how to apply them to trading effectively, Bitget will be better suited with such features to enable one relax more after setting a target using the bot tech.

[TakeItEasy]

Am very conversant with the workings of Binance, mostly when it involves a newbie getting the hang of a simpler or lite version of the exchange to understand trading with.
Kucoin is also one of which will give a newbie a good experience too.

Incase a newbie understands how AI and bots work and how to apply them to trading effectively, Bitget will be better suited with such features to enable one relax more after setting a target using the bot tech.

Understanding things on these exchanges in a short time is quite easy, as Binance is one of them in which users can easily get the attraction to the Layout but in all of these after looking at the layout I can prefer MEXC would be better for those who just starts trading and that would be so much easy to getting the understandable trade in the start. Even though Bitget looks  a tricky to me, even I have used it less not that much but still I'm always attracted to Binance.

Binance always have some special things for users and I'm one of them who always follow it and trade there. Be aware of those exchanges which are not well known and which are not famous that much.

[GeorgeJohn]

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.

It's acknowledging for someone to purchase bitcoin to the right time and most especially the time that is bearish and wait for bullish, sometimes some people doesn't verify or make a research concerning a coin that is good to invest on, instead they invest when market is on positive and secondly some of the coins they invest on, they doesn't really make a proper research to ensure that they have know the rudiments of coin before venturing into the investment, so that is one of the things that contribute for loss in investment even in the trading, before you venture into trading at the person should take a precautions so that they will not be huge experience of loss.

[poodle63]

Using Binance Exchange for a long time I'm in love with that Exchange due to its impressive strong security through which my funds I seems are safe there.

We consider Binance exchange more secure as it is the most popular cryptocurrencies exchange in the crypto space. But centralized exchange will never 100% safe because it can be hacked at any time & you have no control with your assets, It's a big disadvantage in CEX's. 

even more so at the time of controversy with these cex, currently binance just had this controversy and so many people are already ready to withdraw their money off the exchange.
but overall if its not that significant amount of capital any of these reputable exchange will do just fine, just be sure to pick exchange with most of the liquidity because thats where you might get the first market change impression than the other. moreover with using reputable exchange we could be prevented from mistakenly investing in some random meme coin which obviously didn't get through the review process of these reputable exchanges.
I think right now, the event where these exchange are losing some significant amount of money from their wallet are quite rare many of them has given some prevention from that from happening.

[Xampeuu]

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.

It's acknowledging for someone to purchase bitcoin to the right time and most especially the time that is bearish and wait for bullish, sometimes some people doesn't verify or make a research concerning a coin that is good to invest on, instead they invest when market is on positive and secondly some of the coins they invest on, they doesn't really make a proper research to ensure that they have know the rudiments of coin before venturing into the investment, so that is one of the things that contribute for loss in investment even in the trading, before you venture into trading at the person should take a precautions so that they will not be huge experience of loss.

The best exchange for trading for the first time, I think we are using the biggest exchange at the moment, this aims to ensure that our funds are safe and of course the charts move according to existing market prices without any manipulation. so that we can carry out the strategy well and we can correct it if an error occurs. Therefore, when trading, you must be patient in the process

[Bitcoin_people]

I think if you are looking for the best exchanges for trading then definitely select exchanges like Binance or Kucoin. Because if you start trading in all these exchanges you will definitely never get scammed. Moreover, the main objective of trading is to start trading with the amount of money you can afford to lose. Otherwise if you search different places to start trading in all other coins you will definitely not find the right one so you can use coinmarketcap to find good coins.

[YOSHIE]

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?

For me any crypto trading/exchange site, for me it's the same, the important thing is that the official crypto exchange/trading site is legally operating in the country, or legal according to the laws in force in that country, for that reason I have also read and seen about 9 Best Crypto Exchanges UK in 2023 – Compare Crypto Trading Platforms., which operates in the UK to date.

But I don't know what type of crypto you want to trade and what you mean, overall any type of crypto other than Bitcoin currently doesn't look that good on average, but whatever the reason, you have full rights in determining the crypto trading you can do.

I hope you can enjoy the results of your crypto trading, on an exchange that you trust, hope that the type of crypto you choose will be a good thing for yourself.

[Hamza2424]

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

Fellow, patience is the key to success better accumulate and have patience, rather than focusing on the pumps and dumps of the shitcoins. If you really want to take a risk better play with the Shitcoins and it's not wise at all.

2 years hmm until now you've controlled your mentioned better suppress them for some more time it will be really fruitful, there are several exchanges (Centralized) working in the UK, Binance, Gate io, OKX and I'm sure most of them require KYC so better proceed with that one in which you feel secure. KAS is good one but for the Block I cant say anything also the SOL chain is now a days overhyped and all the projects on the SOL are overvalued according to current market postion.

[lixer]

For beginner i will suggest kucoin or binance exchange ,Both  are very user friendly and  very easy to use . You can learn either spot trading or Futures on both platforms there are lots of educational contents and guides for newbies. The only con's about the exchanges is that both requires Kyc before one can be able to access their services now . I will also suggest that you find a pro that can help guide you with your crypto investment to avoid loosing so much money as you are just starting out now.

Lots of newbies in crypto that I know have used Binance, so you are right with that. I think I have also tried Kucoin in the past and I'm surprised that they their interface had a resemblance to Binance. So indeed that they are also user-friendly. It's great that the OP shared his location.

We almost forgot that this was also important because some crypto platforms has a country restriction. I still think that Binance operates globally because they are huge. They even have their own US version, as US is kind of a strict country. As a beginner, many are saying that they should start with spot trading as it's much easier, or less risky than the futures and other variations of trading.

[Romeotom]

I think binance, kucoin exchange is best to start your trading because they have proper volume and faster security. On the other hand they are always providing the best support to the users and they have telegram support to use almost all the languages ​​of the countries. This question should really be asked by newbies as they are new to this but you may be an old member so do your research and pick the best exchange. However now almost all top exchanges have made kyc mandatory.

[2girls]

I think binance, kucoin exchange is best to start your trading because they have proper volume and faster security. On the other hand they are always providing the best support to the users and they have telegram support to use almost all the languages ​​of the countries. This question should really be asked by newbies as they are new to this but you may be an old member so do your research and pick the best exchange. However now almost all top exchanges have made kyc mandatory.

According to the volume Kucoin is a good exchange to work and also it has some benefits for the users as it brings mostly the giveaways and they users benefits. Also through these giveaways users can earn a lot by just participating through the social media's and get the ID of the Kucoin and just by filling the forms.

Mostly the volume in the Kucoin is on of the reason it has secured a better position then the other exchange like the MEXC, Lbank and many more which are far behind the Kucoin Exchange mostly.

[Bushdark]

I think binance, kucoin exchange is best to start your trading because they have proper volume and faster security. On the other hand they are always providing the best support to the users and they have telegram support to use almost all the languages ​​of the countries. This question should really be asked by newbies as they are new to this but you may be an old member so do your research and pick the best exchange. However now almost all top exchanges have made kyc mandatory.

Binance has one of the highest liquidity when we talk about trading. Trading on Binance can be very profitable if we know how to go about it compared to many exchanges that have limited tokens and trading pairs that might not have a good liquidity to trade on.
Binance is still the best exchange we can trade on with ease and there are other exchanges too we can use to accomplish our trading decisions and get what we want to achieve from trading.

[Cookdata]

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.

I want to say don't use exchanges because of Binance that shocked many yesterday( I wasn't because I knew that's what they do behind the scenes) but we have decentralized exchanges but you have to be prepared with some challenges ahead like price slippage and running off bots, liquidity crisis but if the tokens you are talking about are popular by demand, liquidity will not be something to worry about. Ina addition, using a decentralized exchange free you of whether you are from UK or you are from Canada because KYC is not important. Some examples are uniswap, pancakeswap, Thorswap and Quickswap.

Try and consider the chain fees because the cost of trading on ethereum Dexes are might suck all your $200 in a day if you are.a regular trader. You can use pancakeswap for all you want because I believe they have all the coins you want and then later, you can bridge all you have on another chain of your choice and that will be save you from fees but be careful of the type bridge you use.

[JunaidAzizi]

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 g
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 a good opportunity to make some extra money which would then mean I can invest more into my long term plays.

Selecting an exchange is your own choice because there are many things to look for like KYC or Non KYC. The exchange which is best for me liked by does not mean that is also suitable for you. Yep, best thing we can do is to provide the exchange name and you can select which one is best for you.  There are a lot of exchanges showing but I a suggesting three eToro, Uphold, and binance.  In these exchanges uphold is the one who just supported limited varieties and the rest both support a larger variety.  These three are best but finance is more good then rest because it is the largest exchange in the world and supports a larger variety.  Before going use one of these three do your own research because it will make you more precisely in selection

[Bitcoinpoly]

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.

Actually when it comes to derivatives there some special exchanges with some good features that are helpful for trade, I will suggest you opt in for Bitget, that’s currently the best derivative platform you can use. You equally have opportunity to use copy trading incase you get confuse analyzing charts.

[HenryBlack1999]

I found a good review on different exchangers when I was looking for myself where I could exchange Litecoin to Perfect Money https://www.bestchange.com/litecoin-to-perfectmoney-usd.html .

[Rehan Zakir]

There are many crypto currency exchanges in the crypto industry such as binance, Bittrex, bitstamp, kucoin, Coinbase and ftx.etc. You can start your crypto trading from any of the exchange. These are all best exchanges for trading. There are many others best exchanges you can search it on Google.
But first is that you have to learn about trading.

[Renampun]

Each country has different rules about trading and as a beginner, you must be able to choose exhange that has good liquidity - good security - good reputation - has many trading tools - have many coin pairs, and of all that binance is the main choice that can be made as a place for your trading activities. Don't use exhange carelessly to trade, the losses that you will bear will not be small, always reject trading in exchanges that don't have good liquidity - just operating - not having an active community.

[vs2014]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

[2girls]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

In those Exchanges which have an option of mandatory KYC that has been great because their security system is almost that fine enough. But the exchanges which have not that much KYC options available that has been on a greater risk.

Binance would be on the top as regarding the matter of its trading in how much ways we can trade their and also the users which are getting their profit through the Binance trading are very lucky if they really have fund.

[SOKO-DEKE]

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.

I don't really know how long you have waited for the bull run and you are tired of not being able to wait any longer,and you want to start trading. It is a good idea to always find ways to generate income, but the truth is that trading is risky, especially for those who don't have good knowledge about trading. If you want to trade and you want to be successful, you have to have deep knowledge about trading. In fact, even those who have good knowledge about trading  sometimes also lost funds in trading despite their knowledge. It is not that I am discouraging you, but if you know you don't have good knowledge about trading, don't try it; if you do you will easily lose your money trading. So I will just ask you to keep your patience and continue waiting for the bull run that you can be using this period to learn more about trading.so be successful in cryptocurrency industry someone don't need to be desperate much of making profit if not it will lose everything. 

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.

I don't know how much you have in your wallet, if not, I will say 200 dollars is a lot to start trading for the first time, especially knowing that you are planning to trade altcoins. If possible, I will like you to reduce the amount and see what happens for the first, and from there, you can start increasing the capital if you see that you are improving.

[taufik123]

In those Exchanges which have an option of mandatory KYC that has been great because their security system is almost that fine enough. But the exchanges which have not that much KYC options available that has been on a greater risk.

No one guarantees an Exchange with KYC Mandatory provides a good security system.
Seeing how FTX ended up requiring KYC but in the end they were just fraudulent Exchanges, all exchanges have risks

Binance would be on the top as regarding the matter of its trading in how much ways we can trade their and also the users which are getting their profit through the Binance trading are very lucky if they really have fund.

I am also a Binance user, and even I was an early user before it became popular as it is now.
Binance has many features and I use Binance P2P a lot.
But about the advantages of trading, it has to do with how well you know the science of trading.

Even though you have funds but are not good enough at the science of trading, it cannot give you profits.

[ancafe]

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.

If you mention two altcoins that you want to trade then it will be easy for others to try to discuss them further, so that you have some input to take on those coins because there are so many altcoins that you need to mention them. Good luck with your your big wish in altcoins, but believe me it will be difficult if you don't have the right trading skills.

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.

To take a step towards long term investment altcoins only trade at the right moment due to their volatile nature, quickly change and disappear in the market. But if you are able to carry out a sharp analysis of the journey, maybe this step will be a good start for converting to bitcoin after making profits in altcoins.

Exchanges are not the best but rather alternatives for us to trade and don't forget to choose one that has a reputation so that trading is much safer. Stay alert and don't store a lot of assets in it because the exchange is not a safe place to store assets especially for the long term.

[Tigerheart3026]

binance and kucoin are best exchanges to trading, high liquidity and lots of users in those exchanges i like to trade specially both of exchange, but remember that both of require kyc process to start trade there, i traded many small exchanges but i didn't big trade their lack of security.

[Mate2237]

$200 is nice start of trading but as a beginner you can still low the amount because that $200 is also big amount for a starter. But investing is not something you will rush it. You have to give it some time to grow and if you rush it you might run into lost. And if you want to trade because of the delay of the bull market of the investment then you might lost everything you have therefore I advise you to be patient and see what will happen in the nearest future of the investment.

But if you must trade it you mind, you are free

[ItsCrafty]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

He is asking which is the best exchange for tradin so we have to tell him that Binance is also a great exchange because I have first started my trading in binance because it is very easy and the method of guidance is also given very easily, its videos are also very easily available on YouTube or other social media, from which one can learn easily and that is the best exchange of tradin It is easy to up trade, can buy and sell, it is not so complicated whether they do it in a laptop or in an Android mobile, they can do it easily and in addition to other competitors  they are exchanges, they are what they are. First of all, you will learn about it i have Been using for many years

[Oshosondy]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

He is asking which is the best exchange for tradin so we have to tell him that Binance is also a great exchange because I have first started my trading in binance because it is very easy and the method of guidance is also given very easily, its videos are also very easily available on YouTube or other social media, from which one can learn easily and that is the best exchange of tradin It is easy to up trade, can buy and sell, it is not so complicated whether they do it in a laptop or in an Android mobile, they can do it easily and in addition to other competitors  they are exchanges, they are what they are. First of all, you will learn about it i have Been using for many years

If you want to have low trading fee, go for MEXC. If you want to collateralize your unstable coins, go for Bybit. I have used Kucoin, BitMart and OKX before, they are all good.

Binance is also a good exchange. It was my third exchange and I am still using it. You can collateralize many stable coins like USDT, USDC, TUSD. And also collateral three unstable coins which are bitcoin, ether and ripple.

[shushu9977]

Last 10 days are really good for trader. Because all of coins with btc which is almost following the crypto market are pumping and it is profitable for us. I am suggest two trusted and popular exchange. Firstly I suggest for binance and secondly I suggest for kucoin. I love both two site to buy and sell crypto.

[Bushdark]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

There are so many exchanges we can use to trade different crypto portfolio in the market. Although some of them are restricted to some regions so we need to make sure that we use an exchange that support our region so it can enable us to trade in the market and make profits if we can. We have exchanges like Binance, Kucoin etc we can use to trade and make money from trading.
We also have decentralized exchanges we can trade on that do not require us to drop KYC verification.

[borovichok]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

Feedbacks are important and necessary. I propose Binance and Kucoin as the safest exchanges right now, but there is no distress that will change the market's exact status. Trading is as simple as we think; we just have to do what's proper and ensure we have a good possibility of making enormously from our market investments.nLook for a well-known exchange and, more significantly, an exchange that has fulfilled vital functions in the lives of top whales and crypto projects; these are the proofs required to implement the recommendations you make.

[Kelward]

What coins are you buying? Majot exchange list only good projects on Binance and Kucoin, but if you also trading other unknown coins these are usually present on mexc exchange. Id like to use this they dont need to engage with KYC and Ive been using that eversince. Well for major coins its alwsys Binance on the top of the list as it have huge volume and very user friendly exchange.

My start off point is always Binance, because there you can get a list of good and reliable coins, I'm not so comfortable with any coins that's not on it. There are other reliable exchanges like kucoin, that you also talked about, so he can start his research of finding a suitable exchange from the two. I'll also take your advice on trading unknown coins in an exchange like mexc, this is because I only do top altcoins.

[Abu-Naim]

binance and kucoin are best exchanges to trading, high liquidity and lots of users in those exchanges i like to trade specially both of exchange, but remember that both of require kyc process to start trade there, i traded many small exchanges but i didn't big trade their lack of security.

Yes, Binance and KuCoin have already made names for themselves and have already gained people's trust due to the service they render and their security. They are the best exchanges most people are using, but there are other exchanges that are also very good. Bybit, OKX, MEXC, and other centralized exchanges are also good and have similar features as Binance and KuCoin, just that people are avoiding KYC. That’s why they chose exchanges without KYC, which have fewer trading options and important features than Binance and KuCoin.

[Z_MBFM]

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.

I think Binance would be the best exchange if you want to use a centralized exchange because it is top position in all cases and has enough liquidity for all coins listed there. So you can buy and sell any coin instantly there without any hassle which you may not get in any other exchange. DEX is very good for high privacy and safe trading but compared to CEX the trading fee is very high so since you want to trade with only $200 DEX is not a problem. But if you are trading with thousands of dollars then it would be better to use DEX because there you will be in full control of your total funds and in CEX your funds are under the control of others so there is a lot of risk.

[MFahad]

I think Binance would be the best exchange if you want to use a centralized exchange because it is top position in all cases and has enough liquidity for all coins listed there. So you can buy and sell any coin instantly there without any hassle which you may not get in any other exchange. DEX is very good for high privacy and safe trading but compared to CEX the trading fee is very high so since you want to trade with only $200 DEX is not a problem. But if you are trading with thousands of dollars then it would be better to use DEX because there you will be in full control of your total funds and in CEX your funds are under the control of others so there is a lot of risk.

There is no doubt that Binance is a good exchange, the biggest exchange among all exchanges. I have been using it for the last two years, but it is no longer reliable, People have been transferring their assets from this exchange to other exchanges ever since the EC dispute started with it. A recent $4.3 billion fine and CZ resignation as CEO have made the exchange even more risky. Centralized exchanges are by no means safe, but when an exchange has issues like this, holding your assets there can prove to be even more risky.

 However, we need some kind of exchange for our trading and buying and selling and we have to keep some money there, so I think ByBit can be the most reliable at this time, because there are currently no such problems and we should always keep our assets in a place that is free from problems.

[cafter]

There are many good exchanges with too many new cryptos listed daily, like binance, kucoin, etc.
I am also seeing many pumps upto 50%-100% on low cap coins, but after finding a good exchange make sure the coin you have invested have liquidity to get out after taking profit quickly.
and check price when clicking buy on market price, there incidents happens like you may bug that crypto for 10% higher price because of low liquidity.

[Nrcewker]

As recommended before, Binance is the best exchange in each and every aspects. It doesn’t matter whether you are an expert trader or a newbie who is going to start his trading venture. Binance is used by millions of people daily and one of the oldest exchanges. So you won’t regret joining Binance according to me. Moreover if you want to trade new coins which are launched in recent times, then Kucoin can be another option.

[Bushdark]

In my opinion one to two exchanges are enough to execute your trading so more exchanges will not give you good results. Moreover a new exchange is dangerous because of the certainty of your money. So if you want binance, kucoin these best exchange list. On the other hand if your country has a good exchange then accept it. But almost all exchanges can give you best feedback on making kyc mandatory.

There are so many exchanges we can use to trade and make profits from what we do in the market. We have exchanges like binance, bitget, OKX, Remitano etc that are more reliable when it comes to trading. If we are looking for an exchanges to use, we need to look at the religion and check what religions those exchanges do not support so that we don't waste our time registrating and noticing later that such exchange for not support the location that we reside in.

[so98nn]

The best exchange can not be defined on single factor or based on which coin you want to trade. There are many factors from volume to reputation to its validity in the country where they are getting hosted. For example if you have the two coins that are not listed on the UK based exchange but you still want to trade it however you find it on the US based exchange then there is little risk here. For example, the regulations in the UK and USA might not be the same. Going further US based exchanges are always at risk of getting banned. They already have lot of strict regulations which makes exchanges make mistake while operating their business. We have seen powerful exchanges going down due to this. Its better choose an exchange that is doing well locally in all the respects: rules, regulations with proper licenses, volume etc. However, do not fall for coin then search for exchange.

[Aanuoluwatofunmi]

Exchanges are exchange and there's nothing that can change them from what their true nature is, the developers may vary from each other but their main constituents still remains as being an exchange, so when we are trading in anyone of them, all we should focus on is their level of trust and adoption with global recognition and reputation they have, we should know that we are to do our own research about them and ensure we have what we want to see in them and should use only the amount that can be left on risk for trading on exchanges.

[Cryptmuster]

Exchanges are exchange and there's nothing that can change them from what their true nature is, the developers may vary from each other but their main constituents still remains as being an exchange, so when we are trading in anyone of them, all we should focus on is their level of trust and adoption with global recognition and reputation they have, we should know that we are to do our own research about them and ensure we have what we want to see in them and should use only the amount that can be left on risk for trading on exchanges.

The best exchange is the one that does not require КУC from the user, but otherwise you have no guarantees that you will be able to avoid account blocking or other restrictions. It is also advisable to choose something from the top exchanges that are well-known, this will at least provide you with good liquidity (if you need it), but even this does not guarantee you anything, a recent example is FTX.

[Pandu Geddon]

The best exchange is the one that does not require КУC from the user,

From a user perspective, an exchange without KYC would indeed be better. especially for beginners who don't understand privacy and the risks.
but for those learning trading, the best exchange I think is a local exchange in their own country. who accept deposits in the currency they use. obviously, it will require KYC, but as a start to learn I think a local exchange is best.
If beginners start to understand the concept of trading and start paying attention to exchanges with good trading volume, it will be good enough to hone your skills in trading. especially with more assets to consider.

[kentrolla]

There are DEX and CEX but if you are new for trading then I would refer you to any of the centralized exchanges like Binance as it has much better user interface than decentralized exchanges as it's easier to navigate but if you are not comfortable providing KYC then go for DEX which would not have as much as liquidity as CEX.

Before entering trading regardless of exchange you choose you need to learn the basic of trading and have a proper knowledge because there are lot of people enter trading without knowledge and end up losing, some feels that they should have just hodled instead of losing in trading.

[armanda90]

From a user perspective, an exchange without KYC would indeed be better. especially for beginners who don't understand privacy and the risks.
but for those learning trading, the best exchange I think is a local exchange in their own country. who accept deposits in the currency they use. obviously, it will require KYC, but as a start to learn I think a local exchange is best.
If beginners start to understand the concept of trading and start paying attention to exchanges with good trading volume, it will be good enough to hone your skills in trading. especially with more assets to consider.

Local exchange market is the best option for beginner because there are available with local currency pair and easily understood with price have to buy and sell later. Seems all countries have own local currency exchange market and Binance seems supported with several local exchange pair for trading but including for all altcoins. For local exchange, the beginner understand well about deposit fiat fund firstly before use for trading, I think difficult for them have to start on global exchange market like Binance, Kucoin or Huobi because they can understand well how to make deposit first before buying some altcoin or bitcoin.
In local exchange have easily feature with deposit fiat or local currency and convert it to buy stable coins or directly trade from local pair currency with bitcoin or altcoin want trade by beginner.

[the rise]

there are many options available on coingecko, perhaps for more than the top 100, if your country does not support exchanges, you can make purchases via dex, but if you trade on dex the transaction costs may be quite large compared to dex, especially on the network erc-20 , remember trading will not always be profitable

[tvplus006]

...I would refer you to any of the centralized exchanges like Binance as it has much better user interface than decentralized exchanges as it's easier to navigate but if you are not comfortable providing KYC then go for DEX which would not have as much as liquidity as CEX...

Given the information that the OP published, the Binance exchange is not suitable for him to trade, since he lives in the UK. And as you should know, in 2021, the British financial regulator banned the Binance cryptocurrency exchange and its divisions from operating in the country.

[batang_bitcoin]

there are many options available on coingecko, perhaps for more than the top 100, if your country does not support exchanges, you can make purchases via dex, but if you trade on dex the transaction costs may be quite large compared to dex, especially on the network erc-20 ,

Trading on DEX if it's on the ETH chain will cost you a lot. I hate this to say but much better to get onto centralized exchanges if you want to keep some fees. There are a lot of choices in there but of course, use them as they're only should be used for trading.

remember trading will not always be profitable

Yeah, some time it will be and there will be a lot of times that it won't be. Just trade with caution and use exchanges that are common and don't keep your money there for a long time.

[TelolettOm]

The best exchange is the one that does not require КУC from the user, but otherwise you have no guarantees that you will be able to avoid account blocking or other restrictions.

If we want an exchange that doesn't require for KYC, we can choose DEX. Most CEXs must require KYC, it is common rules in CEXs to verify the real data of the users. In DEX, I guess there is no restriction, every one from any country can trade on the DEX. It is quite different in CEX, there are some restrictions in CEX, people from certain countries can't join the CEX.

It is also advisable to choose something from the top exchanges that are well-known, this will at least provide you with good liquidity (if you need it), but even this does not guarantee you anything, a recent example is FTX.

Of course, it is better to choose reputable exchanges. We must avoid to trade in unpopular exchanges, the risk will be too high. Moreover if the exchanges require our data to verify our registration. Specifically it is on CEX, we must choose most reputable CEX in the world. So far, I never speculate in random CEX, I only join the top CEXs in the world.

Choose top exchanges: https://coinmarketcap.com/rankings/exchanges/

[Lakai01]

If we want an exchange that doesn't require for KYC, we can choose DEX. Most CEXs must require KYC, it is common rules in CEXs to verify the real data of the users. In DEX, I guess there is no restriction, every one from any country can trade on the DEX. It is quite different in CEX, there are some restrictions in CEX, people from certain countries can't join the CEX.
[...]

I think trading on a DEX can be quite difficult, especially if you want to execute several trades in parallel and/or trade in short time intervals.

• Traditionally, a DEX has no options to offer functionalities such as stop loss or take profit, which is very difficult due to the way a DEX works.
• A slippage must normally be specified on a DEX. However, a slippage of only 2% can already ruin a trade.

For newcomers in particular, I would therefore only recommend a DEX to a very limited extent, especially because there are still CEXs without a KYC obligation, which are also ideal for this purpose.

[Ojima-ojo]

...I would refer you to any of the centralized exchanges like Binance as it has much better user interface than decentralized exchanges as it's easier to navigate but if you are not comfortable providing KYC then go for DEX which would not have as much as liquidity as CEX...

Given the information that the OP published, the Binance exchange is not suitable for him to trade, since he lives in the UK. And as you should know, in 2021, the British financial regulator banned the Binance cryptocurrency exchange and its divisions from operating in the country.

Too bad for op then, since I was about suggesting the same exchange to him as well, and the truth that,  many actually do not like binance, but it's far the best and the biggest crypto trading exchange by both volume and popularity, it is the best place for day trading as far as I am concerned.

But then, op can still check out exchanges like kucoin, okex and some others in the top ten on exchange rankings according to coinmarketcap, I believe one of the exchanges there will be fully functional in the UK and he(op) can start his trading journey from there.

[Patrol69]

First of all if you use Binance Exchange then you don't plan to use any other exchange because Binance Exchange has advanced features that differentiate Binance from all other exchanges. Binance Exchange has two moods, one is Normal and one is Pro. New members usually use the normal mode in the beginning but regulars and those who need to do other things including trading transactions usually use the pro version.

KYC verification of Binance exchange is very easy and it is done in quick time as compared to other exchanges. If security is considered then Binance Exchange will undoubtedly be ahead of all other exchanges. So initially you can use this exchange hope you feel comfortable using it.

[Bitcoinpoly]

It will totally depend on the coins you want to trade lol. If you're talking about majors, then just go with the biggest exchange that's available in your country.

If you're going to trade the bottom-of-the-barrel shitcoins, then you're going to need to go with the kuCoin's and Gate.io's.

yes Mate i totally agreed with you we have many choice to pick exchanges which most high trustable exchange (Binance , Kucoin , Bitget , Gate etc ) to give us all comforts to make simple way trades and gives us user friendly experience

Personally I prefer to use Bitget than the other exchanges you’ve listed, user friendly interface is one thing that traders doesn’t joke, being able to view my trading chart perfectly is really important to me, also Bitget has a sharp pick for set down entries unlike other exchanges where your trade will get to your set entry and it won’t pick up, that doesn’t happen on Bitget.

[Palazodeen]

...I would refer you to any of the centralized exchanges like Binance as it has much better user interface than decentralized exchanges as it's easier to navigate but if you are not comfortable providing KYC then go for DEX which would not have as much as liquidity as CEX...

Given the information that the OP published, the Binance exchange is not suitable for him to trade, since he lives in the UK. And as you should know, in 2021, the British financial regulator banned the Binance cryptocurrency exchange and its divisions from operating in the country.

Too bad for op then, since I was about suggesting the same exchange to him as well, and the truth that,  many actually do not like binance, but it's far the best and the biggest crypto trading exchange by both volume and popularity, it is the best place for day trading as far as I am concerned.

But then, op can still check out exchanges like kucoin, okex and some others in the top ten on exchange rankings according to coinmarketcap, I believe one of the exchanges there will be fully functional in the UK and he(op) can start his trading journey from there.

I think regulations to the various country's local authority is key but Binance is known for always evading regulations hence the reason they are no longer operational in many EU countries including U.K Canada Australia and others. They still have issues even with U.S. in as much as Binance remain the biggest crypto exchange, they should lead by example by complying with some regulations. I used to use them but since moved to Bitget since they are regulatory compliant and one of the biggest top exchange.

[justdimin]

I think trading on a DEX can be quite difficult, especially if you want to execute several trades in parallel and/or trade in short time intervals.

• Traditionally, a DEX has no options to offer functionalities such as stop loss or take profit, which is very difficult due to the way a DEX works.
• A slippage must normally be specified on a DEX. However, a slippage of only 2% can already ruin a trade.

For newcomers in particular, I would therefore only recommend a DEX to a very limited extent, especially because there are still CEXs without a KYC obligation, which are also ideal for this purpose.

I feel like that could be done in the future and would not be a problem, the real trouble is that you do not put in any price or anything like that and trading is harder in general. Plus, I feel like there are so many fake places that are acting like DEX but has absolutely no coding check, you can have places like CertiK check their chain or token or whatever, but the website itself is usually just copy of each other.

I remember when pancakeswap started, there were a million places that copied their website front end code and did whatever they could with it and I am not fine with that, I think that was the main reason why I stayed away from them, plus they are tiny in size when compared as well. Binance type of places are much grater.

[synchronym]

First of all, we should all do our due diligence on the exchanges before we trade anything. Because if we trade in any wrong exchange while trading then we will have more chance of losing money. So it is very important for us where we are doing exchange.

[Volimack]

It is important to research the trading sites well before trading not all exchange sites are good for exchanging. Determine your entry level and target price in advance it is very common for a person to change their mind before making an exchange. If the exchange site is not good you may sell even if the price increases nominally. That's why you may miss out on taking advantage of your high profits from large price increases.

[Latviand]

First of all, we should all do our due diligence on the exchanges before we trade anything. Because if we trade in any wrong exchange while trading then we will have more chance of losing money. So it is very important for us where we are doing exchange.

You don't have to worry about that if you're using Binance or KuCoin or Okex or Huobi because those are some of the most reputable exchanges out there that has hundreds of thousands if not millions of user daily that trades in billions of dollars so I don't think worrying about your money being lost is a worry that needs to be addressed if you're in an exchange that there's not a lot of people. You don't have to research on the exchanges I've mentioned because they're reputable and the only thing you might want to look for is the coins available in their platform for trading because crypto A might be available in KuCoin but not in the other exchanges.

[Pandu Geddon]

From a user perspective, an exchange without KYC would indeed be better. especially for beginners who don't understand privacy and the risks.
but for those learning trading, the best exchange I think is a local exchange in their own country. who accept deposits in the currency they use. obviously, it will require KYC, but as a start to learn I think a local exchange is best.
If beginners start to understand the concept of trading and start paying attention to exchanges with good trading volume, it will be good enough to hone your skills in trading. especially with more assets to consider.

Local exchange market is the best option for beginner because there are available with local currency pair and easily understood with price have to buy and sell later. Seems all countries have own local currency exchange market and Binance seems supported with several local exchange pair for trading but including for all altcoins. For local exchange, the beginner understand well about deposit fiat fund firstly before use for trading, I think difficult for them have to start on global exchange market like Binance, Kucoin or Huobi because they can understand well how to make deposit first before buying some altcoin or bitcoin.
In local exchange have easily feature with deposit fiat or local currency and convert it to buy stable coins or directly trade from local pair currency with bitcoin or altcoin want trade by beginner.

that's what I mean, why beginners who want to trade can at least learn on the local exchange in their country. It might be a bit problematic if their country doesn't support crypto and its trading. they can learn with some guidance from the information provided by the exchange for beginners before starting trading. If you just want to own assets like Bitcoin, it might be easy with p2p, but learning to trade if you are hampered by state regulations might be a little more difficult.
but there are already many videos that can be watched for them to learn to trade on several exchanges. maybe it will make it easier for beginners to learn.

[BitcoinTurk]

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.

First of all, it is quite good to see that in order to make money by trading you will start with a small budget and follow the market for a while because usually new traders avoid such stages. Coming to the answer to your question: If there is a cryptocurrency you specifically want to trade you can use websites such as Coingecko or CoinMarketCap to see which exchanges have the highest transaction volumes of these cryptocurrencies and make a choice accordingly. For this reason, it is very difficult to make a clear recommendation without knowing the two cryptocurrencies you want to choose. On the other hand, if you want to buy and sell and make money by choosing many different cryptocurrencies in general I can recommend you to use the Binance exchange because Binance is the most popular exchange in this market and its transaction volume is quite high.

Finally, I would like to give brief information about some things you should pay attention to when choosing a cryptocurrency exchange;

- The transaction volume is high,
- Gained trust from users,
- Has proven theirself,
- Hasn't caused any inconvenience to its users before,
- Able to provide various transaction parities with high transaction volume,

while choosing a cryptocurrency exchange would definitely be the best decision.

[Franctoshi]

In as much as you would want to be dealing with a centralized exchange to purchase your cryptos, ensure that you move your cryptos to a self - custody wallet immediately after your purchase, where you only will have access to.  Note; keeping funds on exchange poses some kind of risk as you might have heard, "Not your keys not your crypto”, secondly your funds are liable to getting froze too, so these are risks involved with using any centralized exchanges, and you should consider this risk factors before doing business with any known exchange out there.

[Dunamisx]

In as much as you would want to be dealing with a centralized exchange to purchase your cryptos, ensure that you move your cryptos to a self - custody wallet immediately after your purchase, where you only will have access to.  Note; keeping funds on exchange poses some kind of risk as you might have heard, "Not your keys not your crypto”, secondly your funds are liable to getting froze too, so these are risks involved with using any centralized exchanges, and you should consider this risk factors before doing business with any known exchange out there.

Should incase of trading or short time holding, one should only afford to leave the little amount of money they can afford to loose on a centralized exchange, if not, all lifetime earned assets should be sent to your personal non custodial wallet, when we have the keys to our bitcoin, they were ours, but when the exchange are in charge of these keys, they has the coins as well, not your keys not your coins.

[milewilda]

From a user perspective, an exchange without KYC would indeed be better. especially for beginners who don't understand privacy and the risks.
but for those learning trading, the best exchange I think is a local exchange in their own country. who accept deposits in the currency they use. obviously, it will require KYC, but as a start to learn I think a local exchange is best.
If beginners start to understand the concept of trading and start paying attention to exchanges with good trading volume, it will be good enough to hone your skills in trading. especially with more assets to consider.

Local exchange market is the best option for beginner because there are available with local currency pair and easily understood with price have to buy and sell later. Seems all countries have own local currency exchange market and Binance seems supported with several local exchange pair for trading but including for all altcoins. For local exchange, the beginner understand well about deposit fiat fund firstly before use for trading, I think difficult for them have to start on global exchange market like Binance, Kucoin or Huobi because they can understand well how to make deposit first before buying some altcoin or bitcoin.
In local exchange have easily feature with deposit fiat or local currency and convert it to buy stable coins or directly trade from local pair currency with bitcoin or altcoin want trade by beginner.

that's what I mean, why beginners who want to trade can at least learn on the local exchange in their country. It might be a bit problematic if their country doesn't support crypto and its trading. they can learn with some guidance from the information provided by the exchange for beginners before starting trading. If you just want to own assets like Bitcoin, it might be easy with p2p, but learning to trade if you are hampered by state regulations might be a little more difficult.
but there are already many videos that can be watched for them to learn to trade on several exchanges. maybe it will make it easier for beginners to learn.

I would say that it would be better that you should  be directly be dealing up into those platforms which are known to be the best or simply that really speaking about top in the market. Im not saying about not to support your local exchange but in speaking about fees and overall user experience then you would really be able to tell the difference and this is why it would really be that recommended that way but of course it would really be still that depending on you in the end of the day since each person does have their own preferences when it comes to things on which they would really be simply sticking on things on which they were comfortable
or really that having that good experience on it.

Starting trading would neever be that simple but starting on making use of the best platforms out there would really be easing out at least because everything is complete
and when it comes to fees and other features then it would really be that always better comapred into those local exchangers but well it would really
be still depending on you because you are the ones who would really be making use of those platforms. So it would really be just that depending into your approach.

[sulendra12]

What is the best site for this in the UK?

Just like everyone said, it just depends on what coins what you are trying to invest. You might want to check that in coinmarketcap to make sure you have best liquidity on your assets. Can't really recommend anything more than that if we don't know what you are trying to do. Make sure to do any research before deciding anything on trading, it's really fatal for your journey.

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 pretty much a decent capital to start with, the only problem is how do you manage to maintain your trading journey and your investment.

[Kelward]

Know that trading can be the start of losses. Trade with the amount of money that you can afford to lose.

What coins are you talking about?

On coingecko, click on the coins and click on 'market' which will list the exchanges that the coin is traded. You can also do that on Coinmarketcap.

Coingecko, is a very good place to search for exchanges to trade, you'll see the options, carry out your research and choose, depending on the ones that operates in your country.

It's true that just accumulating and holding Bitcoin or altcoins as an investment for years can be boring, although it's believed to be the safest method of making profit in cryptocurrency. So if someone wants to feel the action and make money on the short term, then it's trading, although you have to be equipped with essential knowledge of trading. So it's true to start with the amount that you can afford to loose, so you can minimize loses, because crypto trading is not an easy business, you'll have to understand it's fundamental and technical analysis, even that is not enough to guarantee profits.

[gunhell16]

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.

There are many platforms you can use to trade altcoins; there are crypto.com, coimarketcap, coingecko, and others; it just depends on what you want, dude. Just use things like Google Search to find answers to your questions.

And besides, there are many exchanges that you can use globally, such as Gate.io, Binance, Mexc, and others like this. Just do some research on the business industry like this.

[Bushdark]

In as much as you would want to be dealing with a centralized exchange to purchase your cryptos, ensure that you move your cryptos to a self - custody wallet immediately after your purchase, where you only will have access to.  Note; keeping funds on exchange poses some kind of risk as you might have heard, "Not your keys not your crypto”, secondly your funds are liable to getting froze too, so these are risks involved with using any centralized exchanges, and you should consider this risk factors before doing business with any known exchange out there.

Exchanges is one of the place we can trade and make money if we have the skill to keep us in the market making profits for ourselves.
The market is very big and making financial decisions can be very risky for us. It is good we have the skills to make profits for ourselves so that we can at least pay our bills and buy anything that we want. There are so many exchanges we can use to trade cryptocurrencies and make money if we know how to trade very well. Cryptocurrency is fun if we know how to get information and trade for profits.

[Bobrox]

Coingecko, is a very good place to search for exchanges to trade, you'll see the options, carry out your research and choose, depending on the ones that operates in your country.

It's true that just accumulating and holding Bitcoin or altcoins as an investment for years can be boring, although it's believed to be the safest method of making profit in cryptocurrency. So if someone wants to feel the action and make money on the short term, then it's trading, although you have to be equipped with essential knowledge of trading. So it's true to start with the amount that you can afford to loose, so you can minimize loses, because crypto trading is not an easy business, you'll have to understand it's fundamental and technical analysis, even that is not enough to guarantee profits.

Coingeco and Coinmarketcap is the best place to search coins to trade and looking for which one exchange listed that coins, usually I use both side looking for market listing coins and always update about price, exchange market list and how much transaction volume on every exchange. 

Exchange is the important place for trading and earn profit, have two kinds of exchange between CEX and DEX but many trader priority with CEX have lower fees for trading and difference with DEX need to pay higher fees exactly when trading with ethereum coins network. Best exchange for trading have much transaction volume and withdrawing fund not get difficult yet, usually all exchange without five minutes withdrawing will be complete and don't use exchange process withdrawing manually.

[the rise]

there are many options available on coingecko, perhaps for more than the top 100, if your country does not support exchanges, you can make purchases via dex, but if you trade on dex the transaction costs may be quite large compared to dex, especially on the network erc-20 ,

Trading on DEX if it's on the ETH chain will cost you a lot. I hate this to say but much better to get onto centralized exchanges if you want to keep some fees. There are a lot of choices in there but of course, use them as they're only should be used for trading.

lol I feel the same thing, I haven't used the ERC-20 network for a long time because I thought when I made a transaction we had experienced a loss due to quite high fees, trading on the BSC network is more profitable even though sometimes there are impact cuts, on a centralized exchange it would be more helpful if you have minimal capital to trade

[HONDACD125]

lol I feel the same thing, I haven't used the ERC-20 network for a long time because I thought when I made a transaction we had experienced a loss due to quite high fees, trading on the BSC network is more profitable even though sometimes there are impact cuts, on a centralized exchange it would be more helpful if you have minimal capital to trade

The ERC20 network is very disadvantageous in terms of fees, and you have to pay a hefty fee whether you want to transact as much or as little as you want. So this network cannot be used in routine.Not only you, but everyone is pointing out this problem and often using the ERC20 network less.

 The binance smart chain network is better and the fees are very low, but many coins are not available in BSC network, and most of the tokens are available in ERC20 network only. Due to which this network has to be used. Another problem is that the BSC network can be easily found on the Binance exchange, but is often not available on other exchanges. For this reason also we have to resort to ERC 20 network.

[bettercrypto]

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?

[Awaklara]

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

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.

[Bushdark]

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 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.

[Eldestyoung]

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.

[Mehedi72]

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

[kojektea]

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

[God bless u]

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.

[Tahid12]

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.

[Assface16678]

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.

[Jonyshake71]

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

[wtsimis]

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.

[Bitcoinpoly]

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.

[RewFrew]

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.
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.

[$weetne$$]

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.

[avp2306]

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.

[rozak]

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.

[Z_MBFM]

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.

I don’t have experience with Bitget exchange but i have long experience in binance. Binance really a amazing crypto exchange. and anyone can trust binance in centralized exchange world.
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.

[adpinbr]

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.

[cute nmp]

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.

[Nazmul012]

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