Best exchange to start trading?

[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.

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[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.