(However, your initial deposit will take longer to credit.) The great thing is that it’s free and the money is credited to your Coinbase account just minutes after you’ve sent it.
#Gemini exchange review 2021 pro#
You’ve been able to deposit GBP into Coinbase Pro using a UK bank transfer (via Faster Payments) for years. However, Coinbase Pro does have a lower trading volume than Binance (about 5 times less according to Messari).
More than $462 billion in cryptocurrency trading volume in Q2 2021.Īnd in the first month of 2021 alone, the Coinbase mobile app has been downloaded about 1.3 million times!.Available to residents in more than 100 countries.Here are some quick facts about Coinbase:
Buy the cryptocurrency you’re really after with that cryptocurrency.Ĭoinbase Pro is a great cryptocurrency exchange that’s available in the UK.Ĭoinbase is a US-based company that was founded in 2012 by Brian Armstrong and Fred Ehrsam. In 2021, it remains one of the most well-known and popular places to buy, sell, and store cryptocurrencies like bitcoin.Transfer that cryptocurrency over to Binance.Buy a cryptocurrency – like Bitcoin (BTC) or Tether (USDT) – using that GBP.Deposit GBP using a UK bank transfer on a cryptocurrency exchange that supports it.You can still deposit GBP using a credit or debit card, but the fees it charges are higher (1.8%).Īlthough it’s less convenient, it’s likely going to work out cheaper to: Unfortunately, you can’t currently deposit GBP into Binance with a UK bank transfer. According to CoinMarketCap and Messa ri, it is also the cryptocurrency exchange that has the largest trading volume. Binance is one of the best cryptocurrency exchanges that’s available to UK residents in 2021.Įstablished in 2017 by Changpeng Zhao, it quickly went from obscurity to the most popular and well-recommended cryptocurrency exchange in the world.īinance recently reported that it had more than 15 million users around the world.
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