I have been trading Bitcoin on eToro - platform is good on app and desktop. Sometimes the spreads aren’t good, it varies quite abit.
Depends i suppose ultimately whether you want to ‘own it’ or use CFDs.
Can anyone here recommend a good online trading service for crypto coins please.
I have a ii account but they don’t trade a coin I want to look at.
Thanks...
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I have been trading Bitcoin on eToro - platform is good on app and desktop. Sometimes the spreads aren’t good, it varies quite abit.
Depends i suppose ultimately whether you want to ‘own it’ or use CFDs.
If you prefer to own the coin, I used coinbase and then transferred to a binance wallet to trade. Its been a long time since I did it, but I think there are advantages using certain coins if you do this for both cost and speed of transfer.
Yes, you would own the coin initially in a wallet held by the exchange but you can transfer it out of that wallet into your own for safekeeping over a longer time period.
Definitely get some advice from someone more up-to-date with crypto because I can't remember which coin was best to purchase and send between wallets prior to purchasing your altcoin - it might have been ETH...one had much less fees associated with it.
I do the same thing in terms of buying from coinbase but I transfer it to Kraken to trade. Don't think as many people use Kraken as much as Binance though.
I'm pretty sure Revolut has also very recently allowed users to own the coins and transfer them out. Worth checking e-toro as well.
Try Coinbase pro rather than stock Coinbase app as the fees are much lower on Pro. You pay for convenience with the standard Coinbase app.
I’ve used Gemini too and had no issues.
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Check out Uphold.com they are really good and you can buy gold etc as well