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What are some popular platforms to buy Monero with GBP in the UK?

avatarJialiang ChenDec 27, 2021 · 3 years ago7 answers

I am looking for popular platforms in the UK where I can buy Monero using GBP. Can you recommend some reliable platforms that offer Monero trading with GBP? I want to make sure that the platforms are trustworthy and provide a smooth trading experience. It would be great if you could also provide some information about the fees, security measures, and user reviews of these platforms. Thank you!

What are some popular platforms to buy Monero with GBP in the UK?
Cryptocurrency
Monero
GBP

7 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One popular platform to buy Monero with GBP in the UK is Binance. Binance is a well-known cryptocurrency exchange that offers a wide range of trading pairs, including Monero with GBP. They have a user-friendly interface, low fees, and strong security measures to protect your funds. You can easily sign up for an account on their website and start trading Monero with GBP.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for a more user-friendly platform, you can try Coinbase. Coinbase is a popular cryptocurrency exchange that supports GBP deposits and offers Monero trading. They have a simple and intuitive interface, making it easy for beginners to buy and sell Monero. However, keep in mind that Coinbase charges higher fees compared to other exchanges.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is another platform where you can buy Monero with GBP in the UK. They offer a seamless trading experience and have a strong focus on security. BYDFi provides competitive fees and a user-friendly interface, making it a popular choice among cryptocurrency traders. You can sign up for an account on their website and start trading Monero with GBP.
  • avatarDec 27, 2021 · 3 years ago
    LocalMonero is a peer-to-peer marketplace where you can buy Monero directly from other individuals using GBP. It offers a secure escrow service to protect both buyers and sellers. LocalMonero allows you to find sellers in the UK and negotiate the terms of the trade. However, be cautious and only trade with reputable sellers with good feedback.
  • avatarDec 27, 2021 · 3 years ago
    Another option is Kraken. Kraken is a well-established cryptocurrency exchange that supports GBP deposits and offers Monero trading. They have a good reputation in the industry and provide advanced trading features for experienced traders. However, their interface may be a bit overwhelming for beginners.
  • avatarDec 27, 2021 · 3 years ago
    If you prefer a decentralized exchange, you can consider using Bisq. Bisq is an open-source platform that allows you to buy and sell Monero directly with other users. It provides a high level of privacy and security, as all transactions are peer-to-peer and encrypted. However, keep in mind that the liquidity on Bisq may be lower compared to centralized exchanges.
  • avatarDec 27, 2021 · 3 years ago
    For a more comprehensive list of platforms to buy Monero with GBP in the UK, you can visit popular cryptocurrency review websites like CoinMarketCap or CoinGecko. These websites provide detailed information about different exchanges, including user reviews, fees, and security measures.

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