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What is the best cryptocurrency trading platform? I want to buy Bitcoin/Ethereum from a UK bank account.

What is the best cryptocurrency trading platform? I want to buy Bitcoin/Ethereum from a UK bank account.

 

What is the best cryptocurrency trading platform? I want to buy Bitcoin/Ethereum from a UK bank account.
This question originally appeared on Quora, the knowledge sharing network where compelling questions are answered by people with unique insights.

Answers below are by John Maguire, Dave Mars, Mike G.Smith, Katty D’Ambrogio and Carl Rhodes.

John Maguire, Clinical Research (2006-present)

Answered Dec 8th, 2017
Use Coinbase to start out (here’s a link: Invite friends and get free bitcoin – Coinbase). That’s what I use and started out on a while back. You want to make sure you are going to a reputable platform that takes security seriously.

That link will get you started. I’ve found that it’s easier to jump in somewhere small and start from there while doing your research. Coinbase lets you invest as big or as small as you’d like. It helps it all make sense and gives your firsthand experience to understand what it’s all about. You’d be smart to start with Ethereum (ETH) and Litecoin (LTC) first while they’re still relatively low priced and only grow from here. And get in on Bitcoin at your own comfort. With the link provided, you’ll also get $10 of Bitcoin free with your first $100 investment on any of the three cryptocurrencies on Coinbase (BTC, ETH, LTC).

One more thing (take baby steps…it can seem confusing at first), after you’ve made a purchase and you start to see your investment rise, be sure to research “hot wallets” vs “cold wallets.” Any online storage of your investment funds is considered “hot.” A cold wallet, or crypto wallet, store your cryptocurrency funds offline for better security.


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Dave Mars, former Bitcoin Investor and Enthusiast

Answered Dec 8th, 2017
You should only consider reputed Bitcoin and Ethereum exchanges like Bitcoin Exchange, Trading BTC USD, BTC EUR – CEX.IO, Coinbase.

My personal favorite, Bitcoin Exchange, Trading BTC USD, BTC EUR – CEX.IO is the best Destination to buy/sell Bitcoins, Ethereum and Litecoins. It is a Bitcoin exchange and former cloud mining provider, established in London, 2013. As an online digital currency exchanger offers trading Bitcoins for fiat money, such as USD, EUR, GBP, and RUB. They have a global reputation as a bitcoin exchange, and they offer high-grade security.There is the customer from all around the World.

All you need is to register on their portal and submit some documents, get verified. You are on! You can use their pre-decided buying option or you can alternately create a custom price by entering the amount of bitcoins and expected value. You can pay using your selected payment method, your card or your bank account.

Mike G.Smith, Marketing Manager at Mr. Speedy Plumbing & Rooter

Answered Dec 9th, 2017
Coin base is Good if you want to Sell, Buy ETH, BTC Or LTC. Their Mobile app is really handy, and you can easily configure alerts, BTC wallet, etc.. here is a link to program: Coinbase

The other option which I would recommend for you since you are from the UK is Bitcoin Wallet & Prepaid Cards – It is an excellent alternative to coinbase and it even gives you prepaid cards.

Benefits are

  • Low commission
  • Free worldwide delivery
  • Both Chip & Pin and virtual cards are available
  • Accepted anywhere major cards are

Katty D’Ambrogio, studied at Electronics and Communication Engineering (2005)

Answered Dec 8th, 2017
I use CEX.IO this is the best bitcoin Exchange… from there you can Buy and sell Bitcoin for USD or EUR with payment cards or via bank transfers easily 🙂 Also CEX is the best trading platform for cryptocurrency.

Carl Rhodes, Trading Mentor (2016-present)

Answered Dec 8th, 2017
Hi there, I would suggest Cryptex Markets to trade the coins based on their support team actually treat you like a valued client rather than just another crypto newbie, and to purchase the actual coins the rates are close to the market also.

Read more at Quora, the knowledge sharing network where compelling questions are answered by people with unique insights.