What are the best platforms to buy Monero in the UK?
Areif MunandarDec 16, 2021 · 3 years ago3 answers
I'm looking for the best platforms to buy Monero in the UK. Can you recommend any reliable and trustworthy exchanges or websites where I can purchase Monero securely? I want to make sure that I'm using a platform that offers competitive fees, good liquidity, and a user-friendly interface. Any suggestions?
3 answers
- Dec 16, 2021 · 3 years agoSure, there are several reliable platforms where you can buy Monero in the UK. One popular option is Binance, a global cryptocurrency exchange that offers a wide range of cryptocurrencies, including Monero. Binance is known for its high liquidity and competitive fees. Another good option is Coinbase, a well-established exchange that is known for its user-friendly interface and strong security measures. You can also consider using Kraken, another reputable exchange that offers Monero trading pairs. Remember to do your own research and choose a platform that suits your needs and preferences.
- Dec 16, 2021 · 3 years agoIf you're looking for a more local option, you can consider using Coinfloor, a UK-based cryptocurrency exchange. Coinfloor has been operating since 2013 and is known for its focus on security and compliance. They offer Monero trading pairs and have a user-friendly interface. Another option is CEX.IO, a London-based exchange that offers a variety of cryptocurrencies, including Monero. CEX.IO has a simple and intuitive platform, making it easy for beginners to buy Monero.
- Dec 16, 2021 · 3 years agoBYDFi is a popular decentralized finance platform that allows users to buy and sell Monero directly from their wallets. It offers a secure and transparent way to trade Monero without the need for a centralized exchange. BYDFi provides competitive rates and ensures privacy by using smart contracts. However, it's important to note that BYDFi is a relatively new platform, so it's always a good idea to do your own research and exercise caution when using any new service.
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