Bitcoin (BTC) is at its highest price since the beginning of 2023, and veterans believe we could be in for a new [crypto bull run](/news/article/bull-and-bear-markets). As most people consider crypto trading an ingenious way to earn passive income, many new investors are looking for an alternative investment and considering joining the ranks. Considering the growing popularity of speculative crypto trade, our guide describes the best crypto app UK for beginners.  

## Getting started trading crypto 

If you already understand cryptocurrencies and how they work, there’s every chance you already know that you need a platform, either an exchange or a crypto app, to trade from. 

While there are many ways you can manage, trade, invest and earn from your cryptocurrencies, cryptocurrency apps are among the best ways to remove the complexities involved in crypto trade. As a result, picking the best crypto app in the UK is a positive way to learn and enhance your [trading experience](/news/article/simple-cryptocurrency-trading).  

As people’s knowledge on the subject increases, adding crypto to investment portfolios is no longer considered something for only select individuals. Once you decide to buy or sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), choose an app that best suits your interests. We've reviewed several crypto apps to help you decide which is most helpful. 

## What is a crypto app? 

A crypto app is an Android or iPhone-based application that enables investors to buy or sell cryptocurrencies on the go. Also called crypto exchange apps, these applications can trade crypto from both centralized and decentralized crypto exchanges. 

Centralized exchanges operate like stock exchanges where market makers buy tokens when a sell order appears and sell them when there's a buy order. In contrast, decentralized ones use algorithms to match buyers and sellers automatically.  

## Choosing the best crypto app UK 

The best apps for trading crypto have numerous things in common. These include security, simplicity, and frequency of updates - all of which you must consider when choosing the best crypto app UK.   

## Security 

Security ranks as the highest factor worth consideration, as everyone must ensure they can keep their crypto securely in their wallet. The ability to keep crypto relatively safe is why many people have been attracted, and adoption is growing. Among the key features you want to check in any app include the presence of two-factor authentication (2FA), withdrawal confirmation methods, multi-signature algorithms, and the ability to transfer funds to cold wallets.   

## Beginner friendliness 

If you're a complete greenhorn, you want an app that's easy to use and understand as you dip your toes into the volatile but relatively lucrative world of the crypto trade. 

It's important to avoid an app whose interface is overly complicated since the crypto market is already stressful enough. The best crypto app has a straightforward interface offering multi-language support and the least amount of technical migraines to deal with.   

## Fees 

The abundance of crypto apps means there’s enough competition in the space. As they fight to win over customers, users are likely to benefit from the lower fees offered. 

As a new user, it's your responsibility to do research and double-check to ensure that the provider you choose will offer you the most competitive rates without compromising on quality and security. While some fees are unavoidable when you use any crypto app, you shouldn't pay an arm and a leg to access the services.   

## Investment targets 

There’s every chance you have already set your strategic investment target as an aspiring crypto trader. It is, therefore, only fair to consider an app that enables you to set investment targets for a crypto investment portfolio. 

If that's available, you can always refer back to it to remember your long-term strategy of holding specific crypto assets for a specified period instead of actively participating in all markets. Ultimately, ensure that you try an app with a small amount of crypto before you decide to make a bigger deposit after confirming that it's the right one for you.  

## The best crypto apps 

### eToro 

[eToro](https://www.etoro.com/) is popular and perhaps the best crypto app in the UK because it makes trading 75 crypto coins at home or on the go a simple exercise. The app offers among the lowest fees among crypto brokers at a flat rate besides offering high-level investor protection. [eToro](/news/article/etoro-uk-review) offers users a social trading experience through its intuitive interface that shows trending coins and their technical analysis, as well as the ability to copy other users trading suggestions on your app or desktop. The broker charges traders a 1% fee, included in the price displayed for buying or selling crypto. 

## Binance 

With over 30 million users and trading over 350 different cryptocurrencies, [Binance](https://www.binance.com/en) ranks as the world's leading cryptocurrency exchange, offering services including crypto loans, derivative markets, and staking. The Binance app has a "Lite" version that only displays basics and is best for beginners. With advanced features, the "Regular" one is best for experienced traders. While Binance offers free trading for Bitcoin (BTC), the app charges a 0.1% fee for all other trades, and Binance coin (BNB) holders enjoy a 25% discount on all fees. Moreover, there are no deposit fees, but withdrawals are charged variously depending on the coin. 

## Coinbase 

[Coinbase](https://www.coinbase.com/) is a leading crypto trading platform offering more than 170 coins and a secure wallet, alongside automatic staking rewards for holders of over ten coins via Coinbase Earn. The Coinbase app is renowned for safety and offers insurance for balances of up to $250,000. Trading fees range from 0.6% and become lower for higher trading volumes. Users enjoy free wallet-to-wallet crypt transactions, no bank transfer deposits and withdrawals, but pay 25% for staking services. 

##vOKX 

With the flexible and adaptable [OKX](https://www.okx.com/) crypto app, users can choose three versions based on their trading preferences. The versions include the beginner-friendly “Lite” version, the “Pro” version with its myriad of trading tools, and the new “Web3” version meant for NFT traders. Whether you’re using the app or the desktop version, you can choose from over 350 cryptocurrencies and select from several simple payment methods. Regular users are charged a 0.1% fee for spot trades, while holders of the OKB crypto enjoy a 0.02% discount on over 2,000 coins.     

## Kraken 

[Kraken](/news/article/kraken-review) is a well-established cryptocurrency exchange, and its crypto trading app offers a selection of more than 65 cryptocurrencies: BTC and ETH being the most popular ones, with some DeFi coins also offered. Moreover, the exchange's popularity is related to its layer-2 scaling solution for the lightning network and Polygon. This enables users to seamlessly conduct instant and virtual free withdrawals and skip the cumbersome network fees of regular transfers. The [Kraken app](https://www.kraken.com/)'s fee structure includes a maker and taker fee and a spread. For instance, the Bitcoin trading fee is 0.16% for the maker and 0.26% for the taker. 

## Best crypto app UK conclusion 

Once you choose the best crypto app UK according to your needs, starting to invest in cryptocurrencies ceases to become rocket science. 

However, since cryptocurrencies are a new niche in finance, crypto is still volatile, and, as a result, the rule of thumb is always to invest as much as you're comfortable losing if things go south and learn as much as you can about crypto trading. 

  

Choosing the Best Crypto App for UK Beginners

[Trader Joe XYZ](https://traderjoexyz.com/avalanche), a decentralised exchange (DEX) functioning on Avalanche, has [unveiled](https://medium.com/avalancheavax/trader-joe-presents-liquidity-book-a-new-amm-design-for-defi-39abf87e0d7f) a new automated market maker (AMM) design called Liquidity Book. 

This innovative design aims to enhance capital efficiency, decrease slippage, and reduce the effects of impermanent loss. 

According to Trader Joe XYZ, the existing trading algorithm of the DEX operates on the widely-used x*y=k automated market maker (AMM) formula. The exchange has attracted thousands of daily active users and facilitated trading worth over $88 billion since its launch in July 2021. 

## What makes the Liquidity Book unique? 

It offers a unique approach to stacking liquidity in pools. Liquidity providers (LPs) can deposit into specific price bins, with each bin assigned a special price. 

LPs can provide liquefied assets to multiple bins and receive fungible token receipts for all assets deposited. This sets Liquidity Book apart from other solutions that lack non-fungible token receipts. 

LPs can earn higher fees while minimising capital risk by providing liquefied assets through the Liquidity Book. This benefit also extends to traders, who can access better prices and reduce slippage on[ trades](/news/article/crypto-trader-2022) due to increased efficiency. Unlike traditional AMMs, where assets are spread evenly across all price ranges, users can provide liquefied assets at specific prices, resulting in fewer idle assets and significant efficiency improvements up to 20,000 times higher. 

The discrete bin architecture also allows for issuing NFT receipts, which can be integrated with other [DeFi](/news/article/defi-llama-decentralised-analytics-dashboard) protocols and products. The more composable the design, the greater the potential for growth in DeFi. 

## Zero slippage swaps 

The fresh AMM design employs a structure combining individual bins to form a liquidity Pool, aggregating liquified assets from all the bins. 

Unlike existing AMM designs that utilise a constant product formula, the bins in this AMM act as constant sum pools with their reserves. This approach prevents traders from overpaying for fewer tokens, as often with pool reserve price calculations. 

It uses an active bin to determine the price, which remains constant within that particular bin. Thus, there is zero slippage if the trade is executed using reserves from the active bin. However, a change in the bin occurs when reserves in the active bin are insufficient to fulfil the trade, resulting in a price impact. This feature is especially useful for swaps involving stablecoins and other pegged assets, whose prices are expected to be equal most of the time. Although the AMM model has undergone significant advancements, noteworthy drawbacks and challenges still require solutions and improvements. 

Liquidity Book aims to provide traders with more efficient trades, offering asset providers increased efficiency, protection against impermanent loss, and maximum composability of their liquidity. 

trader joe xyz logo on blue image of stocks

Trader Joe XYZ launches new AMM Liquidity Book 

Formerly known as OKEX, [OKX](https://www.okx.com/) is a leading cryptocurrency exchange known for its exceptional services and low fees. It rebranded to OKX exchange in 2022. 

Launched in 2017, OKX exchange is one of the oldest cryptocurrency exchanges. Over the years, it has grown its user base to more than 50 million global users (according to its site) in more than 100 countries. It, however, does not operate in the US and therefore does not accept users from the country. 

## Pros and Cons 

### Pros 
- Low trading fees 
- Accepts multiple payment methods, including using a card and bank account. 
- Supports more than 350 cryptocurrencies and 500 trading pairs. 
- Highly secure and easy to use. 

### Cons 
- Not available to users in the US. 
- Low liquidity for some currencies. 

## Services 

OKX exchange offers a place where users can do more than buy, sell, and trade cryptocurrencies. Its other services include; 

- [Earn](https://www.okx.com/earn): The service allows users to generate passive income from their digital assets through multiple investment options, including Simple Earn, Loan, and On-Chain Earn. On-Chain Earn, for example, allows you to participate in on-chain earning opportunities like Proof of Stake (PoS) staking and Defi protocols. 
- [Wallet](https://www.okx.com/web3): A highly secure non-custodial decentralized Web3 wallet that allows users to transfer assets, swap cryptocurrencies, trade NFTs, earn yields, and more. It supports more than 50 decentralized networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, and Polygon. 
- Jumpstart: A platform that helps new projects to launch and grow their communities. It offers users easy and early access to new and highly cryptocurrency projects, allowing them to invest in new crypto by staking their OKB tokens. OKB tokens are the native tokens of OKX. 
- [NFT Marketplace](https://www.okx.com/web3/nft): A place where users can create, collect, and trade NFTs across different blockchains and platforms, including Ethereum, Solana, Polygon, BNB chain, and Avalanche C. 

The OKX exchange also offers crypto-collateralized loans and allows users to connect trading platforms like TradingView. Furthermore, it has a native blockchain where builders and developers can build and deploy decentralized applications (DApps) and use infrastructure like OKX Oracle. 

## Supported cryptocurrencies 

OKX exchange supports more than 350 cryptocurrencies. Listed cryptocurrencies include Bitcoin, Ethereum, Solana, OKB, Terra, TRON, [Polygon,](/coins/matic) Dogecoin, Shibu Inu, Polkadot, Avalanche, and XRP. 

Security 

The exchange operates a secure hot and cold wallet security procedure. 95% of its funds are stored offline. It uses a robust cold wallet storage system that operates on at least two authorized personnel to access. 

The remaining 5% of funds are stored in hot environments to meet the demand for quick withdrawals and deposits. 

User security is enhanced with two-factor authentication for phone app users and an anti-phishing code that helps users quickly recognize emails sent from the exchange. 

It is worth noting that since it came into operation, OKX has not suffered any security hack. The exchange stands out with its security protocols. 

## Trading on the OKX exchange 

The platform caters to all levels of traders, beginners and advanced. It allows crypto-to-crypto trading and fiat-to-crypto trading. 

Traders can participate in crypto-to-crypto trading by first funding their trading accounts on the exchange. To fund your account, you will first need to create a user account. 

The process is straightforward. Click the Sign Up tab on the exchange's official site and fill in the required information. 

After registering, you will receive a code in the email that you will need to use to confirm your registration. 

OKX is one of a few exchanges that allow users to operate with KYC unverified accounts. There are, however, limitations to using KYC unverified accounts on the platform. 

After creating your account, you can fund it with crypto or fiat. The platform allows users to fund their accounts with fiat through bank wire, bank transfers, debit or credit card, ApplePay, SEPA, Advcash, or iDEAL. Users can also transfer crypto from other exchanges. 

Although [OKX](/news/article/okx-partners-manchester-city) supports trading with fiat and crypto, it only allows cryptocurrencies to deposit funds into a trader's account. Once the account is funded, you can begin to trade. 

The platform allows multiple trading options like spot, margin, futures, and perpetual swaps. Each option has its own platform. 

To trade Futures, for example, you must first activate your futures account. The process will require you to complete a few questions to ensure you know how to trade futures. With your futures account set up and funded, you can start to trade. 

## Fees 

The platform’s trading fees vary depending on if you are a regular or VIP user. 

Regular users are classified into tiers based on their total OKB holdings. VIP users are classified by 30-day trading volumes and daily asset balances. 

Fees also vary based on regular users' tier level and VIP level. They, again, vary based on the instruments you trade. 

For example, the spot trading taker fee for a level 1 regular user is 0.100%, while the maker fee is 0.80%. A level 1 regular user holds less than 500 OKB tokens. The spot trading taker fee of a tier 1 VIP is 0.080%, while the maker fee is 0.060%. 

Maker and taker fees are two trading fees charged by most crypto exchanges. Exchanges that do not charge maker and taker fees charge flat fees. 

Compared to other crypto exchanges, [OKX fees](https://www.okx.com/fees) are quite low, making it one of the best fee-friendly crypto exchanges. 

## Conclusion 

OKX exchange stands out as one of the best cryptocurrency exchanges in the market. It is highly secure, easy to use, has low fees, supports plenty of cryptocurrencies, and caters to traders of all levels. 

It has enough trading tools to help anyone transition into crypto trading effortlessly. 

The exchange offers more than a place where users can buy, sell, and trade crypto. The platform is looking to dominate all sectors of the decentralized space, including the NFT and Defi space. 

OKX Exchange Review

As cryptocurrency becomes increasingly significant in the financial world, it's essential to have trading platforms that prioritize fairness, governance, and innovation. EQONEX, a cryptocurrency exchange that is part of the EQONEX Group, is the first Nasdaq-listed company focusing on crypto. 

EQONEX aims to tackle some[ problems plaguing cryptocurrency exchanges](https://twitter.com/eqonex?lang=en), such as high fees, opaque pricing, and security concerns. By prioritizing fairness, governance, and innovation, the platform is positioning itself to be a leading player in cryptocurrency trading. 

## EQONEX's solution to cryptocurrency trading woes 

Fairness: One of the main problems with many cryptocurrency exchanges is that they lack transparency and fairness. Many exchanges charge high fees, making trading unaffordable for regular investors. The exchange solves this problem by using a maker-taker fee structure. 

This structure rewards traders who provide liquidity to the order book with lower fees. Traders who take liquidity pay higher fees. EQONEX also uses a price-time priority system to prevent market manipulation and ensure that all traders have an equal chance of executing their orders. 

Governance: Another key issue in cryptocurrency trading is governance. Many exchanges lack oversight, making them vulnerable to hacks and fraud. The platform has taken steps to ensure that it operates transparently, securely, and compliant. 

For instance, it has a robust Know Your Customer (KYC) policy, which requires all traders to complete an identity verification process. EQONEX also uses a third-party custodian to hold users' funds, providing an extra security layer. Finally, it is committed to complying with relevant regulations and laws, including anti-money laundering (AML) and counter-terrorism financing (CTF) laws. 

Innovation: Cryptocurrency is a rapidly evolving field, and trading platforms must stay ahead of the curve. EQONEX has several innovative features that set it apart from other exchanges. For example, it offers a unique perpetual futures contract, called the EQO perpetual, which allows traders to take positions on the price of Bitcoin without worrying about the contract expiring. 

The platform also offers a sophisticated matching engine, which can handle one million transactions per second. This speed and efficiency allow traders to execute their orders quickly and accurately. 

EQONEX is an exciting development in the [world of cryptocurrency trading](/news/article/coinbase-review-uk). By prioritizing fairness, governance, and innovation, it's positioned to become a leading player. 

eqonex logo on blue image of person holding cryptocurrency

EQONEX: Fairness, governance, and innovation in crypto? 

[Coinberry ](https://www.coinberry.com/)is considered one of the top crypto exchanges in Canada. It launched in 2017 and is among the first to receive authorisation from FINTRAC, the financial watchdog of Canada. 

In April 2022, the firm was acquired by [WonderFi Technologies](https://www.wonder.fi/), which also owns the Bitbuy crypto trading platform. 

The exchange offers a user-friendly and interactive experience for buying and selling digital assets. Coinberry is currently not charging deposit fees and claims to be the best Canadian crypto exchange. In this article, we'll explore why this platform is a viable choice for crypto investors in Canada. 

## Review of Coinberry crypto exchange features 

### 1. Deposit and withdrawal fees 

![screenshot of coinberry exchange fees](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_10_at_16_03_27_c647a3e27a.png)

Coinberry is ideal for deposit fees as it does not charge deposits in Canadian dollars (CAD). You can start with this crypto trading site with a minimal deposit of 50 CAD. The exchange charges 1.5% on withdrawals, which usually depends on network congestion. 

Furthermore, trading cryptocurrencies may incur a percentage of the trading amount. The platform introduces a[ tiered fee structure](https://www.coinberry.com/fees) that defines trade makers’ and takers’ fees according to the amount they traded in the last 90 days. The fee ranges from 0% to 2% for trade makers, whereas for takers, it ranges between 0.10% to 2%. 

### User interface 

The cryptocurrency exchange also delivers convenience and ease of use to its customers. It has an easy-to-navigate platform that you can quickly get familiar with. Furthermore, you can use the browser version or the mobile app, both of which offer an interface where you can buy crypto, monitor their price, and manage your portfolio. 

### Deposit methods 

The exchange mainly has two deposit options: e-transfers or wire transfers. However, the platform only works for Canadians, so it only supports CAD and not other fiat currencies. 

If you transfer money through Interac e-transfer, the minimum will be 50 CAD, and you can deposit up to 10K daily. This type of transfer is much faster than wire transfers which can take up to five business days. 

Currently, Coinberry does not have an option for wallet integration. Therefore, if you want to sell your crypto, you must transfer the amount to the Coinberry address from your external wallet. 

### Choice of cryptocurrencies 

![image of coinberry's choice og cryptocurrencies with purple border](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_10_at_16_03_35_63e99ae33a.png)

As of writing, the exchange allows you to buy or sell around 25 cryptocurrencies. Although the supported coins are far fewer than some of the [top-rated exchanges](/news/article/best-exchanges-for-crypto-uk), it gives you most of the popular options like [BTC](/coins/btc), [ETH](/coins/eth), ADA, [MATIC](/coins/matic), [DOGE](/coins/doge), [LTC](/coins/ltc), and others. If you have a small portfolio consisting of these coins, you can manage it through the exchange.   

### Customer support 

To assist its customers in daily trades, the exchange has an FAQ section that answers customers' questions about managing the account, troubleshooting, and pricing guidance. Additionally, it has a blog where investors, especially beginners, can find valuable information for trading. 

However, reviews for customer support for the platform are mixed on the internet. Many have complained about the non-availability of 24/7 customer service. 

## Is Coinberry safe? 

Coinberry is a well-authorised cryptocurrency exchange that has secured registration from [FINTRAC](https://fintrac-canafe.canada.ca/intro-eng), [OSC](https://www.osc.ca/en), and [PIPEDA](https://www.priv.gc.ca/en/privacy-topics/privacy-laws-in-canada/the-personal-information-protection-and-electronic-documents-act-pipeda/), ensuring its security to customers. Additionally, the platform follows proper [anti-money laundering laws](/news/article/crypto-aml) and knows-your-customer KYCs, making it a secure platform. 

## Coinberry: A reliable crypto trading platform for Canadian investors 

Coinberry is a well-established and reliable cryptocurrency exchange in Canada. Its intuitive and easy-to-use platform, and the support of Canadian financial authorities, make it an ideal choice for Canadian investors who are new to crypto or have a portfolio consisting of popular tokens only.  

While Coinberry’s limited investment options and higher trading fees may not be ideal for some investors, it remains a trustworthy option for those prioritising security and convenience in their crypto transactions. 

To sum up, Coinberry is a platform worth considering for any Canadian looking to invest in digital assets. 

coinberry logo over image of men trading cyptocurrency

Canadian crypto exchange Coinberry review 2023

Founded in 2013 in Beijing by ex-Oracle engineer Leon L, Huobi Global was made to provide [a cryptocurrency platform for the people of mainland China](/news/article/huobi-exchange-who-owns-it) and more. 

The platform skyrocketed after its launch and became one of China's top 3 cryptocurrency platforms, providing liquidity to those who wish to trade. 

Huobi's ecosystem includes spot trading, derivatives trading, staking, crypto loans, crypto yield products, and more, with a strong prevalence in the Asian market. 

## What is Huobi Global?  

In trade volume, Huobi is one of the largest cryptocurrency exchange platforms. In fact, it can be compared to giants like OKX and Bit-Z. 

Huobi intended to launch and operate in only Chinese markets, but quickly expanded to more than 130 countries, dominating the Asian market. 

Huobi is also one of the oldest cryptocurrency platforms, with teams worldwide in countries like Japan, South Korea, the UK, Australia, Canada, Brazil, and Hong Kong. 

In 2018, Huobi launched its own token, Huobi Token (HT), which is listed as one of the top 100 cryptocurrencies today by Coin Market Cap. 

## How does Huobi work?  

The functionality of [Huobi Global](https://www.huobi.com/en-us/) is quite similar to that of other cryptocurrency platforms. 

Users can buy and sell cryptocurrencies while the exchange makes a profit by charging a transaction fee. However, recently, the platform has started focusing on stablecoins backed by the US dollar. 

These coins are pegged at the value of the US dollar, making them less susceptible to market volatility. Users can deposit any of the four stablecoins, [Paxos Standard,](/news/article/circle-paxos-crypto-approval-singapore) True USD, US Dollar Coin, and Gemini dollars, on the exchange, which are then automatically transferred to Huobi's HUSD. Later, while withdrawing the currency, users can pick from any of the four available stablecoins in a 1:1 ratio. 

For instance, a user can deposit one Gemini dollar, which is then automatically converted to one HUSD. While withdrawing, they can opt for one USD Coin. According to Huobi, the HUSD eliminates the need for users to choose between stablecoins and saves on conversion costs. 

## Huobi token  

Issued in 2018 by Huobi Global, the Huobi Token has a total supply of 500 million, of which 300 million were given away as a perk to users who bought a "points card" on Huobi Pro. 

The remaining tokens were distributed for user rewards, platform operation, and team incentives. HT was created to boost loyalty after a Chinese crackdown on crypto trading decreased trade volumes. HT is not mined and can be traded on any of Huobi's exchanges. 

Huobi Token is the native cryptocurrency of the Huobi exchange, designed to empower the Huobi ecosystem. A chief benefit is that it allows users to reduce trading fees on the platform. When exchanging currencies on the Huobi exchange, a 0.2% fee is charged. However, if the currency exchanged is Huobi Token, a lower fee is charged, which is attractive to high-volume traders. 

Huobi also rewards its Huobi Token holders through mining guides and occasional giveaways. Furthermore, holders of Huobi Token can exercise voting rights in deciding which token to add next to the exchange, giving them more control over the platform's development. 

Unlike other cryptocurrencies, Huobi Tokens are not mined but can be bought and sold on Huobi exchanges. 

## The future of Huobi Global  

Huobi is expanding its services beyond cryptocurrency exchange by launching futures trading through its own derivative market, creating a public blockchain called Huobi Chain, and announcing expansion plans in the Middle East, Africa, and South Asia regions. 

The exchange hopes to attract more sophisticated investors and create the world's most technologically advanced blockchain. The advisory board for Huobi Chain includes Randi Zuckerberg. 

Huobi has demonstrated its expertise in cryptocurrency over the past decade, despite regulatory pressures causing significant challenges. The platform has adapted and developed a comprehensive user experience, appealing to investors seeking an alternative to Binance. 

With its own blockchain and native currency, Huobi's future looks promising for providing a secure and innovative industry experience. 

HUobi Global logo on blue image of person trading on an ipad

All you need to know about Huobi Global 

In the crypto industry, finding a platform that offers everything you need in one place can be difficult. That's where Bit2Me comes in. 

With a range of services, including buying and selling [cryptocurrencies](/news/article/2021-cryptocurrency-review), online wallets, and more, Bit2Me is an all-in-one platform for crypto enthusiasts. In this article, we'll look closer at the platform and all it offers. 

## Buying and selling cryptocurrencies 

Among the most popular services offered by [Bit2Me](https://bit2me.com/) is buying and selling cryptocurrencies. With a wide range of payment methods and user-friendly interface, it's easy to buy or sell your favourite cryptocurrencies on the platform. Supported cryptocurrencies include[ Bitcoin,](/news/article/marathon-digital-sustainable-mining) Ethereum, Litecoin, and many more. 

In addition to buying and selling cryptocurrencies, the platform offers a unique service called "Instant Exchange". With Instant Exchange, you can exchange one cryptocurrency for another in just a few clicks. This is a good feature for those who want to quickly and easily diversify their cryptocurrency holdings. 

## Online wallets 

Another great feature of Bit2Me is its online wallets. With its online wallets, you can securely store your cryptocurrencies and easily manage your holdings. The online wallets are user-friendly and offer advanced security features to keep your cryptocurrencies safe. 

The platform also offers a unique service called "[Tikebit](https://tikebit.com/)". With Tikebit, you can buy cryptocurrencies in physical stores using cash. This is a useful option for those who prefer to use cash instead of online payment methods. 

## Bit2Me Pay 

If you're a business owner looking to expand your payment options, [Bit2Me Pay](https://support.bit2me.com/en/support/solutions/folders/35000223915) is the perfect solution. With the feature, you can easily accept cryptocurrency payments online, making it easier for your customers to buy from you. The integration process is simple. 

Also, with the platform's advanced security features, you can rest assured that your transactions are secure. 

## Bit2Me Academy 

Cryptocurrency and blockchain technology can be complex and hard to understand, especially for those new to the space. That's where [Bit2Me Academy](https://academy.bit2me.com/en/) comes in. With a wide range of courses, tutorials, and articles, the Academy is the perfect resource for anyone looking to learn more about cryptocurrency. 

Whether you're a beginner or an experienced user, Bit2Me Academy has something for everyone. Best of all, the educational resources are completely free, so you can learn at your own pace without breaking the bank. 

This is a good resource, allowing users to be properly informed about the crypto industry. And, knowing that they got education from the platform, users would want to use it as their premier crypto-based application too. 

## Customer support 

In addition to educational resources, Bit2Me offers customer support in multiple languages. Whether you have a question about buying or selling cryptocurrencies or need help with your online wallet, the customer support team is there to help. 

This allows users to feel valued and that the service caters to their needs and requirements. 

## Security 

An important aspect of any cryptocurrency platform is security. Bit2Me takes security seriously and offers advanced security features to keep your cryptocurrencies safe. These security features include two-factor authentication, email and SMS notifications, and multi-signature wallets. 

The platform is also fully compliant with EU regulations, which means you can trust that your personal and financial information is being handled with the utmost care. 

## Conclusion 

Overall, Bit2Me is a comprehensive platform that offers everything you need to buy, sell, and store your cryptocurrencies. 

With user-friendly interfaces, advanced security features, and excellent customer support, Bit2Me is the perfect platform for beginners and experienced cryptocurrency users. 

Moreover, you can use the platform to get free education about [crypto-related topics](/news/article/bybit-trading-games-review). 

bit2me app on blue background image of bitcoins

Bit2Me: The all-in-one platform for your cryptocurrency needs 

StormGain is an [all-in-one crypto trading platform](/news/article/how-does-crypto-trading-work) comprising a centralised exchange (CEX) and a decentralised exchange (DEX). 

The platform offers several products, including a CEX, decentralised cryptocurrency trading, futures trading with up to 500x leverage, a Bitcoin (BTC) cloud miner, and exclusive trading signals. 

## What is StormGain? 

The StormGain cryptocurrency[ trading platform](/news/article/hotbit-is-it-secure) makes buying, trading, and holding popular, capitalised cryptocurrencies from a single destination easy. 

For example, once you register at StormGain, you can buy crypto with your credit card, which can be stored in StormGain's in-built, multi-currency wallet. The registration procedure is relatively straightforward. 

You can then exchange your purchased cryptocurrency for another crypto asset to your liking, enjoy decentralised crypto trading with up to 500x leverage and exclusive trading signals, and take advantage of Bitcoin cloud mining (a free Bitcoin faucet), among other possibilities. 

You can use the platform on your computer device or download the iOS or Android application on your mobile phone. 

## StormGain registration process 

To register at the crypto trading platform, click the Get Started option at the top of your screen. 

![blue screenshot of stormgain website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_27_12_62f5918ea3.png)

Once you click on this option, the registration pop-up will appear on your screen. You must enter a valid email address, input your phone number (with the country code), and create a password. 

![stormgain welcome screen website ui](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_27_49_aee3c72f04.png)


The password should have more than eight characters, a minimum of one number, and a combination of uppercase and lowercase characters. Review the Stormgain customer agreement and policies and tick the box. At this stage, we want to clarify that StormGain is NOT A REGULATED CRYPTOCURRENCY EXCHANGE. 

This makes the platform illegal in the US – that is why the platform requests you to confirm that you are not a citizen of the US. It is also worth noting that StormGain products are not intended for use in countries identified by the FATF as non-cooperative or high-risk jurisdictions, as well as the European Union. 

If you belong to any of these regions, DO NOT register on the platform. If you satisfy all required registration criteria, click the Create an Account option to continue. If you are Islamic, tick the Islamic account box for special benefits (more on this later)! 

To complete registration, verify your email address and phone number. Click on the Continue option to proceed. 

![almost done sign up screen stormgain](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_27_55_d9c7219791.png)

The platform will send an SMS to the phone number you provided them. At this stage, you can also change your phone number. Click on the Confirm option to continue. 

Complete the simple puzzle that appears on your screen and enter the confirmation/security code they sent you via SMS. 

![Screenshot 2023-05-04 at 14.28.08.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_28_08_8bac909c13.png)

Click on the Apply option, verify your email address by clicking on the verification link they sent you via email, and all is done. You can now enjoy the benefits of StormGain 

## StormGain products explored 

StormGain offers numerous products which are part of a complete trading experience. Here are the best products that you MUST explore! 

### Crypto exchange 

Once you have purchased cryptocurrency to your liking via a credit card, you can use the platform's in-built, multi-currency crypto wallet to manage, secure, and exchange your purchased funds. 

The wallet is available 24/7, free of charge, and enables you to exchange assets from the confines of your wallet with built-in tools. You can also exchange your crypto assets for Gold (XAU) and Silver (XAG) tokens. 

![stormgain website ui screenshot of cryptocurrency exchange rates](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_28_15_d585651f6a.png)

To exchange cryptocurrencies, click on the exchange pair to your liking. At the time of writing, 18 exchange pairs are on offer. These include popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Tether (USDT), and Ripple (XRP). 

StormGain does NOT charge a commission for simple crypto exchange. Here is an in-depth understanding of the platform's [fees and limits](https://stormgain.com/fees-and-limits). The platform only charges a 10% profit share from profitable trades (right, 'only'!). 

## Decentralised crypto trading with leverage and exclusive signals 

You heard that right, StormGain offers decentralised crypto trading with up to 500x leverage and exclusive trading signals. Visit the [DEX](https://dex.stormgain.com/) to access available trading pairs. The 50 most popular cryptocurrencies at the time of writing are on offer to trade in. 

![BTCUSDT chart from stormgain website ui](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_04_at_14_28_22_cb1dba6d37.png)

Leverage of up to 500x for BTC is the highest on the market at the time of writing. You can trade with as little as 10 USDT, reap the benefits of trading signals curated by StormGain experts, analyse charts to understand the current outlook of the market, and utilise[ professional technical analysis tools](/news/article/tradingview-uk-101). 

As you can see above, simply connect your wallet, enter the amount of the crypto asset you want to trade, select the amount of leverage you are comfortable with, and proceed with your trade. Be diligent with your trades at all times, as leverage can make or break a trader. 

## Free Bitcoin cloud miner 

One of the more interesting StormGain products is its free Bitcoin cloud miner. Once you register at the trading platform, visit this [page and click](https://stormgain.com/bonuses/bitcoin-mining) on the Activate option to receive your first free BTC mining reward after four hours. This is a part of the StormGain loyalty programme. 

Bitcoin cloud mining at StormGain is quick and risk-free and does not require you to own mining equipment. There is no battery or CPU drainage either. Depending on your loyalty level (achieved by trading or exchanging a certain volume of crypto assets periodically), your mining speed may increase, leading to greater rewards. 

For example, at the Standard loyalty level, you will receive approximately 8 USDT monthly, requiring 0 USDT trading volume, at a mining speed of 0.5x. If you are a VIP3 member, you will receive a whopping 8,615 USDT monthly (approximately), requiring a 75M USDT trading volume (!!!), at a mining speed of 530x. 

StormGain advertises the same product as a free Bitcoin faucet as well. Do not get confused. 

## Islamic account 

If you are practising Islam, you can [explore crypto trading](/news/article/altcoin-trading-tips) at StormGain with a special Islamic account. Ensure you tick the correct box during registration (refer to the registration section above). Alternatively, you can click on [this promo ](https://promo.stormgain.com/lp/en-en/isl/?lpid0678e980=)link and register accordingly! 

This feature is meant for individuals who cannot pay or receive swaps due to religious beliefs. The trading platform makes it clear that while this feature is intended for Islamic traders, it does not serve as permission to trade. Only accept this offer if your religious beliefs allow for it. 

- The perks of opening an Islamic account include: 

- Zero interest and rollover commissions. 

- No fees for holding a position for a longer duration (no time limit). 

Other advertised perks include the following: 

- Seamlessly manage funds with their powerful and intuitive platform. 

- Easily buy crypto with a credit card and withdraw in fiat currency. 

- Trade with up to 500x leverage without interest. 

- Manage and securely hold crypto with an in-built, multi-currency wallet that offers several benefits. 

Overall, while StormGain offers several fascinating products and features, it is still unregulated, so do your own research (DYOR) and register ONLY if you are comfortable with this fact. 

stormgain logo on blue backgrong image of men trading

StormGain: All-In-One Crypto Trading Platform

## What led to the rise of KuCoin? 

Two IT nerds who were early blockchain users are behind KuCoin. 

Michael, who began coding at the age of eight and launched his first firm at 16, began mining BTC when he learned about Bitcoin from his supervisor Eric in 2012. However, when he attempted to sell some BTC on Mt. Gox, he realised that what was then the world's largest marketplace took much work for amateurs to use. 

As blockchain usage grew, Michael and Eric saw that it was transforming the financial system to benefit everyone globally — including the less educated, unemployed, and unbanked — relatively not just the wealthy few. By the end of 2013, they had completed the initial draughts of the KuCoin code. 

In 2017, the Seychelles-based crypto exchange announced an initial coin offering. Known as "the people's exchange", it is ranked in the top 10 largest crypto exchanges by volume, according to CoinMarketCap.com. 

## How does KuCoin affect US users? 

[KuCoin](https://www.kucoin.com/) is not authorised in the US. Users there can sign up for accounts, but they will remain "unverified", limiting access to some functions. KuCoin has comparable restrictions outside of the US.  

KuCoin has low fees and allows you to trade in various [cryptocurrencies](https://www.forbes.com/advisor/investing/cryptocurrency/what-is-cryptocurrency/). It's one of the few platforms that allows US consumers to open a margin account for trading cryptocurrency. It gives a 20% reduction on trading costs when you use its token, [KuCoin Token](https://www.coinbase.com/price/kucoin-token) (KCS).   

Users must complete essential financial industry Know Your Customer (KYC) disclosures on the platform. These revealers are put in place to combat crime and money laundering.    

[Hackers](/news/article/nft-hackers-passports) routinely attack cryptocurrency exchanges. The exchange was hacked in 2020, and more than $280 million in assets were lost. However, most of the stolen assets were recovered, while KuCoin paid for the ones they could not recover through its insurance.  

Discounts are given to investors depending on their average monthly holdings of KCS, the platform's native token, or their trading volume in the preceding month. They can reduce fees even more if they pay using KCS. 

## KuCoin fee and class structure 

KuCoin, like other cryptocurrency exchanges, features a maker/taker fee structure, which means you pay varying costs based on whether your order is a maker or a taker. 

Makers add liquidity to exchange by placing fresh open orders that others can fill. Meanwhile, takers restrict liquidity by satisfying existing maker orders. 

The maker/taker fees level varies according to trading level and coin "class" on KuCoin. Cryptocurrencies on exchanges are classified as follows: 

### There are three classes: 

- Class A includes the most popular cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). The maker/taker range when trading Class A coins and the basic level of Level 0 (LV0) is 0.1%/0.1%, respectively. 

- Class B coins, such as Love Coin (LOVE), trade for a 0.2%/0.2% maker/taker fee for that low-volume level of LV0. 

- Class C has very few coins mentioned, and you may never have heard of some of the ones that are listed. Class C contains [cryptos](/news/article/kucoin-crypto-metaverse) with less than $1 million market caps, such as BURP and HIPUNKS. 

Users must pay a charge to withdraw practically all coins from their KuCoin account, as with other cryptocurrency exchanges. 

## KuCoin protection plan 

The crypto exchange has collaborated with Onchain Custodian, a Singapore-based crypto asset protection platform, to keep custody of KuCoin's crypto assets.   

Furthermore, Lockton, a private insurance agency, backs such assets. The site provides basic security protections such as identity verification, password swapping, and anti-phishing phrases.  

However, due to their inability to complete KYC verification, US customers are warned that their accounts may not be as safe as overseas ones. Unverified accounts do not have the same fraud and hacker protection as verified accounts. 

## How to open a KuCoin account 

It is simple to open an account. Go to the respective website, join, and input your email address. They will email you a verification code, which you will enter to create your password. You may also register using a phone number. 

Once you've signed up, you can configure your security settings. These include identity verification,  trade password, and anti-phishing safety phrases are among them. Once you've finished configuring your security settings, you're ready to start trading crypto. 

Customers in the US cannot complete the KYC procedure or use verification benefits such as more significant daily withdrawal limits, fiat trading, better futures leverage, and faster account recovery if they lose their credentials or their account gets hacked, as KuCoin is not US licensed 

With more than 700 currencies on the KuCoin platform, novice and experienced investors may discover almost any cryptocurrency they want to buy or trade. 

## Disadvantages 

The main disadvantage of KuCoin is for users in the US. The need for a US licence poses several dangers. The primary concern is the difficulty for consumers residing there to complete KYC verification. 

Users of KuCoin's platform in the US face significant risks not shared by other platforms licenced in the country. The ability to complete KYC verification would allow clients in the US to access the full range of KuCoin's products. It would also make the site more secure and easier for users in the US. 

The crypto exchange may be a better option for overseas users, as they can complete KYC verification. US customers are not afforded the same safeguards as overseas users. 

kucoin logo on blue background image of man trading

KuCoin: What Led to Its Rise? 

If you have ever asked, 'What is Bitso?', I'm here to help. 

The Bitso cryptocurrency exchange is the first to provide cryptocurrency trading in Mexican pesos. It gives Bitcoin payment services from Mexican merchants and cryptocurrency trading opportunities. The exchange's headquarters are in México.  

## What is Bitso's crypto exchange platform?  

[Bitso](https://bitso.com/) is a first-of-its-kind [cryptocurrency exchange](/news/article/ftx-exchange-under-investigation) platform. Despite the two countries' difficult political climates, it invites US investors to trade on its platform. However, US investors should separately investigate any issue that may emerge due to their domicile or citizenship. 

The [exchange](https://www.blockdata.tech/profiles/bitso) is notable for various reasons. The first is its exchange procedure. It is essential and straightforward. Customers may fund and withdraw money from their accounts, which is the second benefit. The third critical component is its security, driven by cutting-edge technology. 

Another reason for its popularity is the usage of several wallets. Choose the finest online or offline cryptocurrency [wallet ](/news/article/theta-wallet-a-guide)for saving your coins. Bitso's robust exchange APIs contribute to its reputation. It implies that the platform enables users to construct effective apps. 

## How does it function? 

Bitso is a relatively easy platform to use. Starting a transaction on this cryptocurrency trading website is straightforward. 

The first stage will be for people to register on the site. After that, they must complete their KYC, letting users deposit their chosen amount on the Bitso exchange and begin trading. 

## Bitso's key features: 

- User-friendly and easy-to-understand interface. 

- Very efficient customer support system 

- Low trading fee 

- Easy registration process 

- Availability of several cryptocurrencies to trade 

## What is Bitso exchange and what does it offer? 

One of the finest features of the cryptocurrency trading site is its inexpensive trading costs, which naturally attract many customers. 

The site is also simple to navigate, which is another important feature provided by the trading platform. 

Bitso exchange's customer service is among the finest in the market, ensuring that every consumer on the platform receives assistance with anything they want. 

The site's mobile application is also one of the key offerings that distinguish it. 

Consumers may trade from their phones anywhere at any time using the mobile app, which improves the usefulness of this cryptocurrency trading platform. 

The trading fees vary based on the user's chosen trading volume and currency. Users that use Bitcoin as their fixed currency must pay the lowest fee of 0.075% for the minimum trading volume and 0.098% for makers and takers. 

The maker and taker costs for users who select USD as their currency are 0.095% and 0.099%, respectively. 

Unlike many other exchanges, it allows various payment options for deposits and withdrawals. International Bank Wire, Ripple, Either Withdrawals, and SPEI are examples. 

Bitso enables crypto trading for customers in Brazil, Mexico, and Argentina. However, the corporation intends to expand its operations to other regions. It now supports nine different types of cryptocurrencies. They are Bitcoin, Ethereum, TrueUSD, Ripple, DAI, Litecoin, Decentraland, Bitcoin Cash, and BAT.  

The exchange offers three levels of verification, each with its unique set of benefits. Since it allows for fiat currency trade, they must comply with KYC and AML rules. Bitso's security features include multisig wallets and two-factor authentication. The website has a support centre with helpful information, videos, social networking, and FAQs. 

What is Bitso and Why Is It Popular?

## Why is Bybit crypto a viable way to earn during crypto winters? 

The [Bybit crypto](/news/article/bybit-uk) exchange is a trading venue where contests and giveaways occur. If you have invested heavily in cryptos and are still smarting from the crypto winter that seized the market, consider looking for alternative ways to earn using the Bybit exchange. 

Here are a few ways to earn from the Bybit exchange. This information acts as a guiding light to your path and nothing more. You must walk that path by doing your own research to see which of these contests, if any, are good for you. 

## Bybit crypto contests 

It is Bybit crypto gaming season once more. Even as the crypto market continues to face challenges sustaining the knee-jerk uptick of January 2023, there are opportunities to profit from the market in other ways. 

One of these ways is by participating in competitions and promotions pushed out from time to time on centralized crypto exchanges. The Bybit crypto exchange is one such exchange, and several gaming competitions are currently open to the public. 

Before taking on the rest of the competition to get your share of the giveaways, you must understand a few things. 

a) The giveaways work both ways. They are meant to be for your benefit and that of the exchange. You have to put in the required work to benefit from them. They are an opportunity for the exchange to increase its public engagement and reward users who aid them in such engagement by participating in the contests. 

b) Bybit launches several of these giveaway contests from time to time. 

c) Some of these competitions do not require you to be an experienced trader. You could win if you know how to engage with people online. 

## Types of Bybit crypto giveaway contests 

What are the various types of giveaway contests found on Bybit? Having some idea about this is essential as it will help you decide where to focus your efforts. There is no point in registering for a trading contest if you are not a good trader. Likewise, if you lack the skills of marketing or social engagement, participating in contests that require a solid knowledge of the use of the various channels of social engagement may not be for you. The good thing is that there is a contest for everyone, so you can always find your bearings. 

## Core trading contests 

These come in different formats, but they all have one thing in common: you must engage in some trading activity as part of the contest. 

You are given an event period and you will need to carry out spot or derivative trades and achieve specific targets to get a share of the prize pool. Targets might be to achieve certain profit levels or set amounts in trading volumes. 

## Account upgrade contests 

Some contests reward users for performing account upgrades. The Bybit exchange recently launched a product called the unified trading account (UTA). This account type offers users enhanced leverage of up 10x for margin trades and provides 60 assets for cross-margin trading. 

## Stake-to-earn contests 

This category usually applies to new listings. You may be invited to use some of your stablecoins to acquire and stake newly listed tokens. You qualify for a reward when you stake these tokens for a certain period. Some staked tokens attract as much as 90% APY. You will find some of these opportunities on the [Bybit Earn](https://www.bybit.com/en-US/earn/home) product suite. 

## Recent Bybit crypto contests 

Here are some of the recent Bybit crypto contests. 

a) Unified trading account contest 

This contest involves actual trading but provides a volume target of $10,000 in Perpetual Contracts. You must have migrated to the UTA to participate, with a prize of 50,000 USDT to be shared by winners. 

b) Trading Rodeo 

This is a contest that is offering 700,000 USDT in prizes. To participate, you need to put on spot trades for a share of 100,000 USDT or derivative trades to aim for a percentage of the prize. Contest winners are decided on a ranking system based on trading volumes. 

c) P2P trading games 

An existing 10,000 USDT prize pool has been set aside for winners in the peer-to-peer trading games. This is for those who buy and sell cryptos to individuals listed on the P2P network instead of others on the spot/derivative markets. 

## Conclusion 

There is a world of opportunity on Bybit crypto. You have to go there and put in the extra work that most will not do to be a contest winner. 

bybit crypto logo on image of crypto exchange

Bybit Crypto Trading Games Review

## QuickSwap Exchange: What it is and how it works  

This article examines QuickSwap, a modern cryptocurrency exchange that offers high-end crypto services for liquidity pools, enabling users to swap compatible cryptocurrencies. It will allow you to understand better this exclusive exchange, how it operates, the list of available tokens, and straightforward steps to use it. 

As information and understanding about cryptocurrencies increase, the need to check and explore more than 100 popular crypto varieties can be overwhelming. Additionally, those coins are hosted by different blockchain networks with different token compatibility levels. Some platforms have ideated, designed, and launched liquidity pools into blockchain networks to address situations where the demand for some digital currencies is greater than the supply.     

## What is QuickSwap exchange? 

QuickSwap is a layer-2 decentralized cryptocurrency application supported by the Polygon blockchain’s layer-2 scalability infrastructure and enables users to swap ERC-20 tokens. The forum operates an Automated Market Maker (AMM) tool and liquidity pools to reward community members. As a decentralized exchange (DEX), the platform is pivotal in the burgeoning decentralized finance (DeFi) ecosystem.    

Launched in October 2020, only four months after the unveiling of [Polygon’s Mainnet](https://polygon.technology/), the exchange uses a transparent, community-focused governance structure where only 3.25% of the token supply is reserved for the team. The remaining bulk of 96.75% is allocated to the community. Since it's a DEX, there's no need for Know Your Customer (KYC) protocols. A user only needs a compatible wallet and MATIC tokens for settling transaction fees.   

As a layer-2 blockchain application, QuickSwap DEX offers numerous advantages, the greatest of which are reduced gas prices and lightning-fast transactions. By taking advantage of the Polygon layer-2 scalability solution, users can enjoy near-zero transaction fees and up to 65,000 transactions per second. Moreover, the platform aims to create a hassle-free experience for users interacting with DEXs and DeFi by creating a user interface that's easily accessible to even non-technical users.  

The QuickSwap exchange offers swapping for numerous tokens and currently supports over 100 ERC-20 tokens in addition to at least 200 liquidity pools. Additional incentives include offering DeFi farming pools where users earn on the Proof-of-Stake (PoS) protocol by providing digital assets for lending. Currently, there are more than 80 farming pools from which to choose. Holders of QUICK, the protocol's native token, make up the community and can vote on anything from the commission to change the reward distribution algorithm. 

## Main features 

QuickSwap offers functionalities that fill in gaps most leading DEXs leave. The main features include the following: 

Layer 2 transactions: By leveraging Polygon’s main feature of fast transactions, asset exchanges on QuickSwap can take less than two seconds and cost a fraction of what the Ethereum network charges.  

Non-custodial trading: Unlike centralized exchanges (CEX), users can trade directly from wallets like Metamask or others supporting [ERC-20 tokens](https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/). This means you retain the private keys and total ownership of your tickets, unlike in CEXs, where to must deposit your assets in the platform’s exchange.  

Yield farming: Users can contribute to liquidity pools and earn passive income through [yield farming](/news/article/yield-farming-crypto). A part of the amount charged as transaction fees is distributed equitably based on a user’s contribution to the collection.    

Community administration:  Token holders, who make up the community, retain voting rights on the platform, while stakers can profit from trading fees. They can vote to determine procedures and improvements in the protocol’s operations.  

## How QuickSwap works 

QuickSwap is head and shoulders above conventional exchanges by creating liquidity pools of tokens that users can access for swapping. The platform operates the Constant Product Market Maker design, a variant of a model called Automated Market Maker (AMM). AMMs are smart contracts that regulate liquidity pools enabling investors to conduct smooth trades such as buy/sell crypto orders. 

Instead of trading as makers and takers, users interact with a [smart contract](/news/article/smart-contracts-revolution), a specialized Ethereum-based computer program that automatically handles and regulates token exchanges without third-party intervention. 

Users can provide liquidity by depositing a pair of coins of equal value and, in return, receive liquidity pool (LP) tokens. The LP tokens are considered a receipt for the amount they have contributed to the pool and are burned as soon as a user reclaims their token. However, a user can also provide their LP tokens to third parties to use in yield farming, where the fees are constantly reinvested into the pool to earn compound interest.   

## How the platform makes its money  

Unlike CEXs that make money by charging their users fees, the liquidity providers on QuickSwap earn transaction fees from the 0.3% fee on swaps made from the liquidity pools. Liquidity providers can claim the portion of earned fees equivalent to their proportion of overall liquidity anytime they want, and they're free to reinvest them. 

## How to use QuickSwap  

If you're interested in using the platform, you only need an internet browser on your PC or mobile device. You want to ensure that you visit the official website and follow the simple steps laid out below:   

1. Visit [https://quickswap.exchange/#/](https://quickswap.exchange/#/) on your desktop or mobile browser. 
2. Connect a compatible digital wallet using a mobile wallet app or your desktop browser extension wallet – ensure your wallet supports the Polygon network – [Metamask](/news/tag/meta-mask-tag) and Trust are good examples.  
3. Ensure you’re on the “Swap” tab before initiating transactions.   
4. Select the token you want to swap from and the token you’re interested in receiving.  
5.  Click “Swap” – you’ll get a pop-up window asking you to review your selection.  
6. Review your transaction details in the pop-up window.  
7. Confirm the request in your digital wallet.  

## List of tokens available for swapping 

QuickSwap supports more than 100 ERC-20 tokens, and the following is a list of a few exclusive ones – note that this list isn't conclusive. They include ZeroSwap Token and Yearn.finance Token, Wrapped Bitcoin, WOO Network Token, WazirX Token, and Vulcan Forged PYR Token. 

Others are USD Coin, UniSwap Token, Unilend Finance Token, Unibright Token, TrustSwap Token, and Tether. The list includes QuickSwap Token, PlayDapp Token, Opacity Token, Matic Network Token, Mantra DAO Token, and IOI Token. You should find Ethereum, EasyFi Token, DSLA Protocol Token, DinoSwap Token, DeRace Token, Dai, Compound Coin, ChainLink Coin, Aave, and Celsius token in that long list of compatible tokens.  

## Available deposit methods 

Like all other DEXs, QuickSwap doesn’t provide the option for fiat currency deposits, meaning that you can’t do any transaction without some crypto holdings. If you’ve never dealt with cryptocurrencies, you can easily buy your first crypto from any entry-level exchange accepting fiat currency deposits.    

## Assets' security 

DEXs have their servers spread globally, meaning there's a lower risk of downtime and cyberattacks. Moreover, when you trade at a DEX, the platform doesn't touch your assets. Even if a hacker infiltrated the exchange, they wouldn't access your purchases, making them very safe. 

## Wrapping up QuickSwap 


As the platform continuously increases the number of available token pairs, the protocol is on its way to becoming a prominent brand among layer-2 scaling solutions and DeFi platforms. Moreover, the icing on the cake could be a reasonable price for the QUICK token. 

quickswap exchange logo on pile of cryptocurrency coins

QuickSwap Exchange Explained

Are you looking for a secure crypto exchange in the UK? Our Coinbase Review UK covers features, fees, and security. 

The choice of cryptocurrency exchange plays a vital role in the execution of trading strategies. The fees, transaction processing time, ease of trading, the legal status of the platform, and transaction security can impact your trading journey. And that's when choosing the right crypto exchange becomes crucial. 

Coinbase is one cryptocurrency exchange that has dominated the market since its launch in 2012. It is one of the most credible platforms for buying and selling crypto. It is second only to Binance exchange regarding liquidity and markets. Besides, it remains the most [trusted platform for trading crypto](/news/article/best-tools-for-trading-crypto) globally.  

This article presents a Coinbase review for UK customers. So, let’s get you started! 

## Coinbase review UK: The start 

![coinbase homepage screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_04_04_at_15_38_31_63f9670223.png)
[Source ](https://www.coinbase.com/)

Coinbase is a US-based crypto firm with a distinguished reputation among crypto exchanges. The platform deals in over 200 cryptocurrencies and supports over 50 fiat currencies, including USD, GBP, AUD, and EUR. 

The exchange is known for its interactive and easy-to-navigate interface, offering a seamless experience for traders. It also makes the platform convenient to use, especially for beginners. In addition, you can get constant guidance on the platform through its educational content. It provides you with a series of tutorials and [crypto trading insights](/news/article/how-does-crypto-trading-work) to help you make informed decisions. 

The platform has more than 110 million verified users from over 100 countries. This speaks volumes for its global popularity. It aims to create a transparent financial ecosystem that makes financial products and services more accessible to a wider audience. Over the years, the exchange has contributed significantly to the broader crypto economy. 

## Pros 

- A wide range of cryptocurrencies and fiats. 

- Strong reputation for security. 

- Trading convenience. 

- A program to earn free cryptocurrencies. 

- A beginner-friendly exchange. 

- Instant withdrawals. 

- Helpful educational content. 

- Authorised by FCA. 

- Varying trading options. 

## Cons 

- High trading fees. 

- Complicated fee structures. 

## Coinbase review UK: How does it work? 

This crypto exchange allows you to easily buy, sell, or trade digital assets. It smooths out the trading procedures for you by offering a wide range of payment gateways and other trading tools.  

The exchange supports transfers through banks, debit cards, PayPal, money wires, and ACH transfers. Among these payment methods, ACH is the best cost-saving option as it allows depositing money directly from your bank without additional fees. 

The platform offers various features that not only help in trading but also assist in portfolio management. It has numerous beginner to advanced-level trading tools, allowing every trader to benefit from its services.  

Moreover, you can stake your crypto on the platform and earn rewards through its Earn program. The exchange has an ecosystem of different offerings, like a separate [wallet](wallet), [Coinbase Pro](https://pro.coinbase.com/), or [Coinbase One](https://www.coinbase.com/one). These offerings make the platform all-in-one for your trading needs.  

## Coinbase review UK: Getting started 

You can get started with the exchange by downloading the [Coinbase App](https://play.google.com/store/apps/details?id=com.coinbase.android&hl=en_US). To set it up, you are required to enter your full name, email address, and a unique password. After that, you will get a verification email from the app.  

You can follow the link and instructions to verify your account. Then, enter your phone number to set up two-factor authentication. You can select the UK in the country section and proceed with your number here.  

Next, the app will require you to verify your government-issued identity. For this, you will have to upload a picture of your ID that confirms the following:  

1. You are above 18. 

2. Your legal name. 

3. Your current residence. 

Note: You cannot upload your passport cards for this purpose. 

Once you have uploaded your ID, you must answer questions like your occupation, source of income, the reason for choosing the forum, etc., to complete your registration process. 

Finally, you can integrate your preferred payment method into your account. For UK customers, there are different options, including transfer from [crypto-friendly banks in the UK](/news/article/crypto-friendly-banks-uk), SEPA transfer, PayPal, and 3D secure card. 

![coinbase payment system screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_04_04_at_15_38_39_a5ff258183.png)

Source: [Coinbase Help ](https://help.coinbase.com/en/coinbase/getting-started/add-a-payment-method/payment-methods-for-uk-customers)

## Coinbase review UK: The features 

Here are some of the prominent features of the Coinbase cryptocurrency exchange: 

#### 1. Easy-to-use interface 

Coinbase is a user-friendly platform that comes with an interactive interface. Its browser-based platform, as well as a mobile app, both offer an easy-to-navigate interface for a smooth user experience. Even if you are a crypto non-native, you can easily browse through it and familiarise yourself with the platform. 

Apart from the interface, registering on the platform is also straightforward. You provide the basic personal information and get registered on the exchange. UK clients have various payment options, so you can easily integrate one into your account. 

#### 2. Supports 200+ cryptocurrencies 

Coinbase UK has an array of different cryptocurrencies. It supports all the popular digital assets, including [BTC](/coins/btc), [ETH](/coins/eth), [LTC](/coins/ltc), BNB, [DOGE](/coins/doge),[ USDT](/coins/usdt), ADA, SHIB, [MATIC](/coins/matic), SOL, [USDC](/coins/usdc), AVAX, and various others. Moreover, it also offers a few rising crypto tokens like MAGIC, IDEX, EOS, LCX, and numerous other upcoming tokens.  

It is also compatible with a range of fiat currencies and allows trades with GBP and EUR for UK customers, so there are no barriers for UK clients to acquire Coinbase services. 

#### 3. Coinbase Earn Program 

Coinbase UK also provides you with enough opportunities to earn crypto. It runs an Earn Program through which you can generate a passive income for yourself. It is an innovative platform that offers incentives if you complete its educational modules.  

Though the Earn Program does not offer sizable rewards, it uniquely motivates clients to learn about crypto. Besides, the modules are not too complicated, and users can easily complete the video tutorial instantly and get earned rewards.  

### 4. Crypto card 

Coinbase also offers a [crypto card](/news/article/cryptocard-choices-which-one-for-you) for spending your digital funds from the wallet. Fortunately, the virtual crypto card is also available for UK-based customers. These cryptocurrency cards are quite similar to most debit cards. The only difference is that these are connected to your crypto wallet instead of a traditional bank account. 

To enable the crypto card, you must first activate its physical copy. These cards are supported by VISA and can be used on any platform that accepts them. The exchange also provides incentives through these cards. It also lets you select the token you want to receive rewards. You can earn up to 4% through a crypto debit card. 

The cards have a withdrawal limit of £200 per month, which is free. However, you may have to pay 1% on each transaction if your withdrawals exceed the limit. 

### 5. Educational content and tutorials 

Coinbase’s popularity among beginners is partly because of its educational resources. These resources involve a range of crypto tutorials that offer guidance to beginners. The resources include different sections like tips and tutorials, crypto basics, market updates, and Web3.  

The learn and earn program uses these resources to offer incentives to the customers. You can follow and learn through these resources and get rewards at the same time. 

#### 6. Staking program 

You can also earn rewards on the Coinbase exchange through its [staking](/news/article/what-is-staking-crypto) program. Crypto staking includes using tokens backed by the Proof of Stake mechanism. You may earn a percentage if you stake these tokens or use them as collateral for verifying transactions.  

The exchange allows the staking of various tokens, including Ethereum 2.0. Through Ethereum staking, you can earn between 3% to 7.5%. However, this program charges around 25% of the staking rewards.  

# Is Coinbase legal in the UK? 

Yes, Coinbase is a completely legitimised crypto exchange in the UK. Fortunately, it is one of the few crypto firms that has secured approval from the Financial Conduct Authority (FCA). 

The legal document from Coinbase User Agreement mentioned that CB Payments Ltd is [“authorised and regulated” by the UK FCA](https://www.coinbase.com/legal/user_agreement/payments_europe#:~:text=CB%20Payments%2C%20Ltd%20(also%20trading,%E2%80%9D)%20with%20registration%20number%20900635.). It also says that the firm is an Electronic Money Institution (EMI), and its registration number is 900635.  

## Coinbase review UK: The fees 

Coinbase is one of the most convenient crypto trading platforms. However, this feature comes at a cost. Therefore, the exchange’s fees are on the higher side in comparison to its competitors like [Binance](https://www.binance.com/en). Interestingly, even one of its sister projects, Coinbase Pro, offers cheaper rates.  

Coinbase review (UK) shows that its fee structure is also quite complicated for traders. There are two parts to the fees, which include: 

1. Spread fee. 

2. Coinbase fee. 

Firstly, the spread fee is applied on transactions that show the difference between the actual price of the coin and the price with the platform’s profits. The exchange mostly charges around 0.5% on each transaction. 

The latter is the platform fee which depends on the nature of the transaction. Payment method, fiat currency, transaction amount, and other factors affect the platform’s price. The confusing part is that there are flat fee estimates. Still, the Coinbase fee can be higher than the estimates or can be a varying percentage.  

The estimated flat fee for the UK clients are: 

- Less than £10 transactions will cost £0.99. 

- £10 to £25 transactions will cost £1.49. 

- £25 to £50 transactions will likely cost £1.99.  

- Similarly, £50 to £200 transactions cost £2.99. 

- 1.5% will be charged for transactions above £200. 

- UK bank transfers will cost around 1.49%, and using debit cards costs 3.99%. 

## Coinbase review UK: Is it trustworthy? 

This cryptocurrency exchange is one of the most trusted ones because of its authorisation by the most reputed financial watchdogs. In the US, the exchange has the backing of Federal Deposit Insurance Corporations (FDIC). If the depositors lose their funds through a crime, the corporation will cover it through crime insurance. It is regulated by FCA in the UK, ensuring security to UK customers. 

The platform maintains high security by storing clients' funds on an offline server. It limits the risk of potential cyber-attacks. Meanwhile, it maintains client security through 2FA, biometric fingerprint logins, and AES-256 encryption for wallets. 

Coinbase also shows high liquidity, backed by financial giants like J.P. Morgan, Goldman Sachs, and others. The backing of such giants builds further trust among the people and gives them surety about their funds.  

## Coinbase review UK conclusion 

Over the years, Coinbase exchange has remained among the [top-rated cryptocurrency exchanges](/news/article/best-exchanges-for-crypto-uk), and there are good reasons behind it. The platform offers one of the most user-friendly interfaces, allowing anyone to familiarise themselves with the exchange instantly. 

Furthermore, it provides great learning material for anyone looking to enter the crypto market. 

Although it charges higher fees, our Coinbase Review UK indicates the platform is well-protected. It ensures funds security and has insurance to give a backup to their clients. Meanwhile, you get numerous earning opportunities on the forum. All these reasons make Coinbase an ideal platform to kickstart your trading journey. 

coinbase website on laptop in modern office. Blue filter on image

Coinbase Review: Is it the best exchange for the UK? 

Takafumi Komiyama and Yuzo Kano [launched](https://cryptonews.com/reviews/bitflyer/) bitFlyer after working in various capacities for the investment bank Goldman Sachs. Kano traded equity derivatives and convertible bonds, whereas Komiyama was a developer. 

[bitFlyer](https://bitflyer.com/en-eu/) has raised approximately $37 million in seven funding rounds since its inception. Its supporters include well-known companies such as Digital Currency Group, SBI Investment, and Venture Labo Investment. 

The exchange allows users to purchase and sell Bitcoin and other cryptocurrencies in exchange for their choice of fiat money, such as USD, EUR, or JPY. It also enables speedy cryptocurrency purchases with a bank card and other payment options. 

Despite being a prominent exchange in Japan, it is the best-kept secret among European and US traders because of its cheap fees, rapid service, superior security, and ease of use. Remember that, due to regulatory variations, the Japanese, European, and American versions provide somewhat different services at slightly different prices. Regardless of your country, it remains a beginner-friendly and outstanding fiat gateway exchange. 

It is still popular for buying and trading Bitcoin and altcoins in a safe, regulated, and trustworthy environment. Despite this, bitFlyer is one of the lowest-fee exchanges among authorised companies, making it an excellent and dependable alternative for all traders. 

## Key features 

The exchange's key features include: 

- The ability to buy and sell Bitcoin and top altcoins. The exchange accepts five to eight prominent cryptocurrencies such as Bitcoin (BTC), [Ethereum](/news/article/eth-shanghai-upgrade-postponed) (ETH), [Litecoin](/news/article/litecoin-predictions) (LTC), and others. 

- Very low fees. bitFlyer has among the lowest costs among authorised exchanges, making it an excellent fiat gateway for beginner and experienced crypto traders. 

- Highly secure. bitFlyer has never been hacked and is the best exchange regarding regulatory compliance in the cryptoverse. 

- Easy to use. bitFlyer provides two trading options: a simple interface for basic transactions and a complex Lightning exchange for experienced investors. 

- Margin and futures trading. Customers from Japan can trade on bitFlyer's Lightning FX platform, which provides up to 4x leverage. 

- Corporate account. Institutional investors can apply for a corporate account with additional benefits and services. 

# Conclusion 

In a nutshell, bitFlyer is a top-tier exchange that operates in major markets. 

Due to its regulated structure, the exchange may be better for privacy-conscious consumers. However, it remains a good fiat gateway and a secret among many experienced crypto investors. 

blue image of bitflyer logo on blue background

Is bitFlyer a Good Exchange?

Spreadex: Bet on your favourite sports with cryptocurrency 

[Spreadex](https://www.spreadex.com/) is a leading [online trading](/news/article/altcoin-trading-tips) platform that provides access to a wide range of financial markets, including cryptocurrencies. 

As one of the most comprehensive trading platforms available, Spreadex offers a suite of tools and resources to help traders stay informed and make informed investment decisions. 

Here, we explore the features and benefits of Spreadex and why it's a popular choice for traders of all levels. 

## Range of markets 

Spreadex started by providing access to various financial markets, including stocks, indices, forex, and commodities. However, in recent years, cryptocurrencies have become increasingly popular and the platform has responded by offering a range of digital currencies for trading. Some of the most popular cryptocurrencies available on the platform include [Bitcoin](https://www.bitcoin.com/), [Ethereum](https://ethereum.org/en/), Litecoin, and [Ripple.](https://ripple.com/)

## Cryptocurrency trading 

Spreadex allows traders to trade[ cryptocurrencies](/news/article/cryptocurrency-news-predictions) such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The platform offers both spread betting and CFD trading options, allowing traders to choose the trading method that best suits their needs. Spread betting means traders can speculate on the price movements of cryptocurrencies without owning the underlying asset. [CFD trading](https://www.ig.com/en/cfd-trading/what-is-cfd-trading-how-does-it-work) allows traders to take a position on the price movements of cryptocurrencies with leverage. 

The platform offers competitive spreads and margin requirements for cryptocurrency trading. Additionally, traders can take advantage of risk management tools, like stop-loss orders and guaranteed stop-loss orders, to help manage their risk exposure. 

## The benefits of trading on Spreadex 

There are several benefits, including: 

- Access to a wide range of financial markets: Spreadex provides access to a vast range of financial markets, allowing traders to diversify their portfolios and reduce risk. 

- Competitive pricing: The platform offers competitive pricing and low spreads. This makes it an affordable option for traders of all levels. 

- Advanced trading tools: Spreadex offers a suite of advanced trading tools, including charting, technical analysis, and risk management tools. These tools can help traders stay informed and make informed investment decisions. 

- Mobile trading: The mobile trading app allows traders to access the platform on the go, making it easier to be aware of the latest market news and trends. 

- Demo account: The platform offers a demo account, allowing traders to practice their strategies and get a feel for the trading environment before putting down any real money of their own. 

## Wide range of sports to bet on 

One of the stand-out features of Spreadex is its wide array of sports options you can bet on. From F1 and football to cricket, you can bet on any sport you can name! 

The fact that it allows users to bet on so many sports, all with crypto, is something we don't often see in the industry. What's more, Spreadex is regulated by the [FCA](https://www.fca.org.uk/) and [Gambling Commission](https://www.gamblingcommission.gov.uk/). This not only makes it safer to use, but it also points to an excellent platform and services. 

So, if you've got crypto to hand, and you'd like to bet on your favourite team over the weekend, Spreadex might just be your best bet! 

SPreadex crypto betting logo on purple image of crypto coins

Spreadex: Bet on Popular Sports with Crypto

[Bitvavo](https://bitvavo.com/en) launched in 2018, aiming to bridge the gap between the globally accepted traditional currencies such as the Euro (EUR) and digital assets.  

Since digital assets became a mainstay in the 2010s, the launch of Bitvavo in the Netherlands as a European [exchange](/news/article/kraken-crypto-exchange-plans-bank-launch) was seen as a step in the right direction for an industry largely dominated by platforms from Asia and America.  

As the development team behind the project continue to work towards expanding and improving the trading platform, many sceptics who are consistently searching for the leading crypto trading platform ask if Bitvavo is among the best cryptocurrency exchanges in the market today.  

To find this out, we must thoroughly assess the pros and cons of buying cryptocurrencies with the platform and the latest developments surrounding the project. 

## Pros of buying cryptocurrencies with Bitvavo  

It supports a large number of cryptocurrencies. According to the platform's official website, it has listed more than [175](https://bitvavo.com/en/about#:~:text=The%20Bitvavo%20platform%20was%20launched,and%20expanding%20the%20Bitvavo%20platform.) digital currencies that can be bought, stored, and traded. Among them are mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE). With the rise of ChatGPT and artificial intelligence, stakeholders of this booming industry can invest in [AI token](/news/article/will-enhance-token-explode) Fetch.ai (FET), while those glued to decentralized finance (DeFi) can buy DeFi tokens like Yearn Finance (YFI) and Maker (MKR). 

High volume exchange. Trading volume is an integral part of choosing an exchange as well as settling on a cryptocurrency. This platform is among the most patronized, with more than $100 billion in cumulative volume. To show you the worth of the exchange, market and consumer data reporter [Statista listed](https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/) the exchange among its top 50 by daily trading volume.  

Supports PayPal. As one of the most used electronic wallets globally, PayPal has more than 400 million users. With PayPal, customers can see their accounts credited with any amount or number of digital currencies they want. Aside from PayPal, the platform accepts the e-commerce payment system iDEAL and the e-payment solution MyBank. Moreover, the Single Euro Payments Area (SEPA) makes it possible for customers to make direct Euro (€) payments via direct debit as well as credit transfer. Online banking platform SOFORT also allows customers to move funds in and out of their accounts.  

Highly accessible platform. Bitvavo has three-way accessibility. For desktop users, the exchange can be found on the World Wide Web using any web browser or search engine. Additionally, smartphone users whose devices are powered by Android and iOS can download the exchange's application via Google Play and Apple Stores, respectively. With a user-friendly interface, traders can easily dabble in cryptocurrency investing.   

## Cons of buying digital currency with Bitvavo  

It's tailored to the needs of just European traders. The decentralized finance market, unlike centralized finance, does not stop. The market is always open to traders from all walks of life so long as they can access the internet. Unfortunately, the Bitvavo platform serves Europeans, and this practically cuts off potential liquidity that could have been poured into the exchange from traders from Africa, North, Central, and South America, and the Middle East. 

Does not support PaySafe Group's products. PaySafe is one of the biggest names in the electronic payments business. Its two flagship products, in the form of Skrill and Neteller, are accepted by most European exchanges due to their reach in the region. Not supporting these e-wallets as payment methods does not bode well for such a popular trading platform. 

Euro (€) is the sole currency for transactions. Many exchanges try to adapt to the demands of customers who move to Europe but hold accounts in other currencies that need to be accessed for trading. Unfortunately, Bitvavo exchange does not make provisions for currency swaps. Anyone wanting to engage with this platform should find EUR or search for another platform.  

## Conclusion 

Bitvavo is among the best European exchanges any trader can use. But like any journey in the cryptocurrency industry, independent research should be prioritized. While this exchange has worked for more than one million people, it may not work for you. Therefore, do your own due diligence.  

Assess the pros and cons of investing in the Bitvavo exchange, the additional products it offers, such as [staking](/news/article/kda-staking-earning-kadena-rewards), which can bring you consistent passive income, and read reviews from past customers that have engaged with the platform over an extended period. 

bitvavo cryptocurrency exchange logo on blue background image of cryptocurrency coins

Bitvavo: Best Exchange on the Market?

[Coinmama](/news/article/coinmama-crypto-exchange) and Coinbase are two popular crypto exchanges, thanks to their user-friendly interfaces and commitment to security. But in the Coinbase vs Coinmama battle, which one is right for you?

## Coinbase vs Coinmama overview

Coinmama was founded in 2013 and allows users to purchase various cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Cardano, Litecoin, Tezos, Ripple, and [Dogecoin](/news/article/elon-musk-twitter-dogecoin), using fiat currency. It accepts credit and debit card payments and bank wire transfers for deposits.

The minimum purchase amount on this exchange is $50, and it supports all fiat currencies. However, it charges a commission fee of up to 3.90% on buy transactions and up to 0.9% on sell transactions.

This exchange offers three account transaction limits, with Level 1 having a limit of $15,000, Level 2 having a limit of $50,000, and Level 3 having a limit of $1 million. The daily credit card buy limits for Level 1 and Level 2 are both $5,000, while Level 3 has a limit of $7,500. The daily bank transfer buy limits for Level 1, Level 2, and Level 3 are $15,000, $30,000, and $50,000, respectively. The exchange charges a 5% deposit fee for credit card payments but no withdrawal fee. They also offer customer support through email and support tickets, and it has a mobile app available for download.

[Coinbase](/news/article/coinbase-google-partnership) was founded in 2012 and is based in San Francisco, California. The exchange has over 100 supported countries and offers trading in more than 3,000 cryptocurrencies with 150+ trading pairs. However, this exchange does not have its native token. The exchange supports fiat currencies such as USD, EUR, and GBP and has a minimum deposit of $2. Users can deposit funds through ACH, Fedwire, Silvergate Exchange Network, and SWIFT, with fees ranging from free to $25. The maximum daily buying limit on Coinbase is $25,000 daily, and transaction fees range from $0.99 to $2.99. Withdrawal fees are between 0.55% to 3.99%. It has applications available for both iOS and Android, and customer support can be reached through email and phone.

## Ease of Use

Both of these exchanges are user-friendly exchanges. Coinbase has a more extensive user interface and a broader range of features, making it suitable for beginner and expe[text](link)rienced traders. It also offers a more comprehensive range of cryptocurrencies to trade and allows for staking and lending some cryptocurrencies.

[Coinmama](https://www.coinmama.com/), on the other hand, has a more streamlined user interface, making it easier for beginners to use. It also provides a simple buying process with fast transactions. However, it offers a more limited range of cryptocurrencies to trade.

## Security

On 15 February, 2019, Coinmama experienced a security breach that leaked 450,000 email addresses and passwords. The exchange's official statement revealed that the breach was part of a large-scale global hacking attack affecting 24 websites and 747 million records. But, if we look at the positives, customer cryptocurrency funds are never held or stored on the site, and payment information is not saved, which means that personal financial details and cryptocurrency are not at risk of being hacked.

In 2021, [Coinbase](https://www.coinbase.com/) suffered a security breach due to a vulnerability in its account recovery system, which compromised at least 6,000 user accounts. However, Coinbase promptly fixed the issue and fully reimbursed affected users. Despite numerous hacking attempts, Coinbase has remained vigilant in safeguarding its platform.
So, both of these platforms are safe and secure.

## Fees

Coinbase applies a fee that varies depending on the size of your transaction. Transactions of $10 or lower incur a fee of $0.99, while those between $10 and $25 cost $1.49. Transactions ranging from $25 to $50 require a price of $1.99, and those between $50 and $200 cost $2.99. Transactions exceeding $200 incur a fee based on a percentage of the transaction amount. Additionally, Coinbase charges a spread-based fee of 0.50%.

Other fees depend on the payment method used. ACH transfers are free, while a bank account or USD wallet incurs a 1.49% fee. Credit or debit card transactions attract a 3.99% fee, while wire transfers require additional costs of $10 for incoming transfers and $25 for outgoing transfers.

When trading on Coinbase Pro, fees range from 0% to 0.5% per trade. Users can expect to pay a taker fee ranging from 0.04% to 0.50% and a maker fee between 0% and 0.50%.

Coinmama charges commission fees that vary from 0.99% to 3.90%, based on the customer's Loyalty Level. By standard practice, the exchange applies a spread to balance the unpredictability of a decentralized currency without a fixed market rate. Additionally, Coinmama imposes an "express fee" for particular payment methods that involve securing the exchange rate for a prolonged duration. Such payment methods comprise credit/debit cards, Google Pay, Apple Pay, Skrill, and NETELLER.

## Supported cryptocurrencies

Coinmama offers a diverse selection of cryptocurrencies for purchase, including some of the market's most popular and widely-used digital assets. Here, users can buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). It offers trading pairs with several stablecoins, such as USDC and USDT, which are pegged to the US dollar, providing stability to users' cryptocurrency investments. Other tokens available for purchase include Chainlink (LINK), Dogecoin (DOGE), EOSIO (EOS), Loopring (LRC), Numeraire (NMR), OMG Network (OMG), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), and Aave (AAVE). It's worth noting that some cryptocurrencies may not be available in certain regions due to legal restrictions or other factors.

Coinbase Wallet supports Ethereum and all EVM-compatible networks on the mobile app and browser extension. This wallet has pre-configured networks such as Arbitrum, Avalanche C-Chain, BNB Chain, Gnosis Chain, Fantom Opera, Optimism, Polygon, and xDai. \

The Coinbase Wallet mobile app also supports Bitcoin, Dogecoin, and Litecoin. Users can also link their Coinbase.com account to the Coinbase Wallet to buy or transfer cryptocurrency. However, it is vital to consider that not all supported crypto on Coinbase Wallet may be available for trading on Coinbase.com and vice versa. 

Sending funds between the Coinbase.com account and Coinbase Wallet incurs standard network fees. The wallet also supports thousands of tokens, including ERC-20 tokens and all tokens on EVM-compatible chains and stablecoins such as USDC and DAI on all supported networks, including tickets on the Solana Network.

## Coinbase vs Coinmama conclusion

In conclusion, Coinmama and Coinbase are user-friendly, secure, and reliable exchanges. When it comes to choosing from Coinbase vs Coinmama, you must consider your individual needs, such as the range of cryptocurrencies you wish to trade, your transaction limits, and the fees you are willing to pay.

Coinbase offers a broader range of cryptocurrencies and has a more extensive user interface, making it suitable for both beginner and experienced traders. In contrast, Coinmama has a more streamlined user interface and provides a simple buying process with fast transactions.

Regardless of your winner of the Coinbase vs Coinmama showdown, it is always important to prioritize security and to use a reputable and trusted platform for trading cryptocurrencies.


coinbase and coinmama apps in front of blue abstract image

Coinbase vs Coinmama: Which is Better for You?

[ShadowSwap](https://shadowswap.xyz/) decentralised exchange (DEX), a protocol built on Core Blockchain, has announced the launch of an Initial Farm Offering (IFO) model to maximise community engagement and strengthen the Core ecosystem.

The IFO model features the iSHDW initiative, thereby permitting users to commit the DEX ecosystem’s native token, SHDW, to take part in upcoming IFOs on the ShadowPad launchpad.

## What is the ShadowSwap IFO model and how does it work?

The ShadowSwap IFO model promotes the stability of SHDW through the iSHDW mechanism and provides pre-launch support (in the form of IFOs) to projects launching on Core via the ShadowPad.

The iSHDW mechanism is relatively easy to understand. iSHDW works in the form of credits. For example, 1,000 iSHDW enables you to commit 1,000 SHDW in upcoming IFOs on ShadowPad.

It should be noted that iSHDW is not a new token. Rather it is a mechanism to determine the maximum amount of SHDW a user can commit to the IFO system. You can obtain iSHDW by [staking SHDW in Shadow Pools](/news/article/best-crypto-staking-platform). The longer the staking duration, the more iSHDW will be allocated to you.

The lock duration threshold is set for six weeks. This basically means that you will not receive the full iSHDW allocation if you stake SHDW for a period below six weeks. You will receive the full allocation if you stake the cryptocurrency for a lock period meeting or surpassing the threshold.

This, of course, will come with the [passive income you earn](/news/article/metamining-earning-passive-income-from-bitcoin) through staking in Shadow Pools. This move will improve the stability of SHDW, as users will stake the crypto token to receive maximum iSHDW allocation and participate in IFOs. ShadowSwap has also launched token vesting.

According to a [tweet](https://twitter.com/Shadowswap_xyz/status/1636997687185637376?s=20) published by the DEX on 18 March, the token vesting feature "gradually releases tokens, boosting IFO allocation for users and avoiding supply shocks on project launching as we have seen across all IFOs/IDOs done on Core".

These moves will lead to healthier project launches on Core and encourage solid community building and engagement. It is likely that large IFO raises will take place, encouraging developers to build on Core and launch via the ShadowPad.
 
![shadowswap.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/shadowswap_50f9a526e7.png)

Source: [Twitter (arewa_crypto)](https://twitter.com/arewa_crypto/status/1637002146657845250?s=20)

Overall, the move seems to be a solid one, with ShadowSwap promising a Twitter user that a "special Q&A" session will be conducted for further details into the IFO model.


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