Which Crypto Exchanges Have Been Approved Following New UK FCA Regulations. Top UK exchanges 2024

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Күн бұрын

Given the crackdown on cryptocurrency in the UK and a lot of countries, the recent legislation, the difficulty finding a decent centralised exchange, on ramping, off ramping using fiat currency.
Which exchanges can and can’t you use following these new UK crypto regulations?
That's what I cover in this video and include useful links to below.
It has never been more important to educate yourself financially.
Contact me here if you are interested in working with me:
/ jameskaylive
/ jameskay99
Check out my previous three UK regulation videos:
1) New Cryptocurrency Regulations Come Into Force In The UK:
• New Cryptocurrency Reg...
2) New Crypto Regulations Being Implemented in the UK From April 2024:
• New Crypto Regulations...
3) New UK Stablecoin Regulations:
• New UK Stablecoin Regu...
Useful links:
FCA: Financial Services Register:
register.fca.org.uk/s/
FCA: Registered Cryptoasset firms:
register.fca.org.uk/s/search?...
Chapters:
0:00 - Intro and Revolut
1:57 - FCA
2:33 - Bybit
3:20 - Kraken
4:18 - Coinbase & OKX
5:02 - Crypto.com
5:16 - Uphold, CoinJar, Bitstamp & Paypal
6:05 - Binance
6:56 - Closing thoughts
Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.
#crypto
#uk
#cryptoregulation
#cryptoexchange

Пікірлер: 524

@jameskay428 6 ай бұрын

Don't think I mentioned this in the video, and I know it's obvious, but please don't leave funds sat on centralised exchanges and ideally move to cold storage asap to protect it. Safety and security should always come first in my opinion

@prestonmcgurk4772 6 ай бұрын

James just had an message from etoro stating change coming in on 8th January 2024 regarding buying crypto can you help myself understand what they are asking please

@kidMclean 6 ай бұрын

Just for your info revolut only allow 1 off chance to take your crypto off their exchange and won't allow you back on. This is purely what I have read.

@jameskay428 6 ай бұрын

Sure, what does the message say?

@bondii9638 6 ай бұрын

Pretty sure it only applies to the in app crypto purchase not the use of revolute for sending money to exchanges@kidMclean

@sang3Eta 6 ай бұрын

Coin Corner in the Isle of Man works from the UK since 2014. £3 a trade BTC, ETH, LTC, USDT, Euro and Pounds.

@shanus101 6 ай бұрын

The UK government need to stop, they are putting a unhealthy stranglehold on this space. I thought the whole idea originally was to embrace crypto. We will lose if they continue. Take a leaf out of the UAE book!

@maurikid23 5 ай бұрын

the whole point of crypto was to avoid all this bs, but people fell for the trap and now crypto is more centralised than ever

@lins3082 5 ай бұрын

The banks funded the kryptos from the start. . They invent money out of thin air .so can buy and control . . Anti bank idea was used as means for adoption. .

@marksn4020 5 ай бұрын

So true. What banks still allow cash to crypto still

@anthonykirkman 5 ай бұрын

I agree and I’m not happy with the control, but it was always going to happen. Main stream adoption = regulations.

@maurikid23 5 ай бұрын

I would like to have seen people trade p2p for goods and services, its the ramp on and off that makes legislations have so much control, issue is that we always measure things in USD/GBP, thats why I fell in love with an algo stablecoin/flatcoin called ampl, it tracks CPi and regulates itself to fight inflation. 95% of people wont give it the time to be understood. the funny thing is back in the day crypto was considered as gambling, and in my opinion legislation wise, we should put it back there! but who cares what i think, the dumb masses that missed out will be glad to see heavy taxation on an asset they missed out on @@anthonykirkman

@16richardm 5 ай бұрын

I can’t speak for all crypto currencies, but bitcoins very nature is that it’s distributed. Nothing the government/central banks/any individual can really do to change that or make it ‘more centralised’. It’s the beauty of it! I welcome the FCA’s involvement to some degree because there are so many investors speculatively throwing money into Bitcoin/crypto that they can’t afford to lose, hoping it will make them rich in a few weeks because of past wild returns.

@jugjones3210 5 ай бұрын

Fantastic video. One of the most informative on uk exchange uses on KZfaq. Keep up the great work 👍🏻👍🏻

@jameskay428 5 ай бұрын

Thanks very much and am glad it was helpful!

@darf8475 5 ай бұрын

Just discovered your channel. Excellent UK based information. Invaluable. Subscribed.

@jameskay428 5 ай бұрын

Thanks, glad it's useful!

@Alban.Bytyqi 3 ай бұрын

Thank you for sharing your knowledge

@cryptoinvesto 6 ай бұрын

Thanks for the update James. Great video, happy new year!

@jameskay428 6 ай бұрын

Glad to hear it was useful and thank you! Happy New Year!

@Gadget2299 3 ай бұрын

They banning crypto but not gambling 👍🏼

@andrewk3315 5 ай бұрын

Well done, thank you for your information

@jameskay428 5 ай бұрын

Thanks for the comment and am glad it was helpful!

@dontpanictitanic2912 6 ай бұрын

Great contact James. Will be reaching out in the new year to discuss crypto tax guidance from you.

@stevey-xw4gz 6 ай бұрын

very helpful james, thanks

@jameskay428 6 ай бұрын

Glad it was useful and thanks for the comment!

@caduutube 5 ай бұрын

Well explained ! Tks

@jameskay428 5 ай бұрын

Thanks for the comment and am glad it was helpful!

@grantclive3245 6 ай бұрын

Thanks very much james, great video. I trade on the Binance Exchange using a third party AI, things are working now but for how long i don't know all my on and off ramps are on the list you showed! will have to rethink my strategy, need to get out of the rat race.

@jameskay428 6 ай бұрын

Thanks for the comment and am glad it was useful!

@allrightdrive1537 6 ай бұрын

Glad I found you James great upto date content .!👏👏👏

@jameskay428 6 ай бұрын

That's great to hear and thanks for the comment, I really appreciate it!

@sunilkoirala7639 5 ай бұрын

Thanks, James it's really informative. please keep it up.

@jameskay428 5 ай бұрын

Thanks for the comment and am glad it's useful!

@user-jl2ev3ky6k 5 ай бұрын

Great work 👍👍👏👏

@jameskay428 5 ай бұрын

Thanks!

@jameskay428 5 ай бұрын

OKX introduces new UK rules under FCA requirements: crypto.news/okx-introduces-new-uk-rules-under-fca-requirements/

@garyyoungdop 3 ай бұрын

How do we STOP the FCA - How can they do this to the UK. I'm leaving this s...t country.

@ptaytv4775 5 ай бұрын

HEALTH IS YOUR WEALTH CRYPTO IS YOUR FREEDOM

@user-rs6vh4sy3i 5 ай бұрын

Great video, thanks ! Which Crypto exchange with a visa card available (for instance binance has a the binance visa card) is your personal favourite or the one you would recommend ? Thanks !

@stoneage6379 5 ай бұрын

Are Kraken actually regulated as specified here? The only reason that I'm asking is because in the small print shown at the bottom of the Kraken page it says that cryptoasset services offered by Payward Ltd are unregulated. If I've missed something I'd be grateful to know. I wish somebody would regulate the British Government.

@thetreeoflife3452 5 ай бұрын

Been using Kraken and Nexo for a couple of years now without any problems. UK banks have been a problem, in particular Natwest and Halifax.

@thetreeoflife3452 5 ай бұрын

Well I had Halifax internet banking frozen and severe withdrawal limits imposed in 2021. Natwest stopped payments to exchanges, even small amounts in November this year@@Seadog61

@marcusr3795 5 ай бұрын

I found kraken to be very restrictive the withdrawal is awful you have to wait a week.

@AIGuys-Online 5 ай бұрын

NatWest and Halifax are both rbs

@RandomUser25122 5 ай бұрын

Nexo for me too. Coinbase still works but they’re fees are the worst. I’m going to have to use more Dexs and a suitable on ramp. Barclays occasionally stop me and keep changing my debit card, but so far still got access

@marcusr3795 5 ай бұрын

Also their fees mean you loose about 9% total value going from FIAT to crypto asset. Also Coinbase only allows maximum of £300 of crypto which is insane.

@rallu.zion1 3 ай бұрын

very informative,,,thanks.....Sir Is Bitmart approved by FCA?......the FCA website cant find the name clearly.

@sk1909 5 ай бұрын

EToro you can use too.

@derekwhite5090 6 ай бұрын

I know we all get ticked off by the FCA regulation, but I was unable to stake with CELCIUS due to this FCA regulation. As a consequence, I still have my Crypto!!

@contemplating1015 5 ай бұрын

Agreed, there's a balance in everything. Look at FTX in Japan...all those assets were protected from the buffoons.

@gazat4 5 ай бұрын

yes it looks like we will have to stick to staking on decentralized exchange's. They can only interfere with uk investors that use a cex.

@SajSajidmk 3 ай бұрын

@@gazat4 Even Wallets R being Blocked web access. especially staking/earning r being blocked. questions r being asked from where to where crypto going.

@vikrantchaudhari7017 5 ай бұрын

Thanks James for the video. It is quite helpful. Any idea when Binance will be back to work in UK?

@jameskay428 5 ай бұрын

Thanks, am glad it's helpful! No idea about Binance to be honest, it has been putting things in place to try to meet with the FCA requirements and has been trying to find a UK company to run its crypto promotions, but has been unsuccessful so far. I'm sure what happened recently in the U.S. hasn't helped its case with the FCA either

@ruicardoso936 3 ай бұрын

good job

@SuperNadders 3 ай бұрын

Just found your channel. Great video! Clear, concise and informative, if a little disheartening 😔So how are people who had existing accounts and funds with Binance off ramping into their U.K. bank accounts?

@stewheart 5 ай бұрын

Transferring money from Halifax account to Kraken had some issues about a month ago - every time I had to do a 30 minute call with the fraud department, luckily one day they stopped bothering.

@mikeseal8858 5 ай бұрын

A trick I have found generally with banks is to schedule the transfer, don't send it now. It is less likely to get stopped by their fraud teams.

@I-done-did-it 6 ай бұрын

Nexo is sound and works well.

@Anarchyuk1 3 ай бұрын

MEXC has 120 hour wait on crypto purchases from the UK. The customer service is shocking as well. There not FCA regulated but their fees are incredible cheap.

@JohnHarthomstowCEO 3 ай бұрын

The idea that the UK can approve the exchanges we use is pathetic, nanny state overreach. Glad I live abroad now, can't imagine living under the increasingly tyrannical UK regime

@stevey-xw4gz 6 ай бұрын

i've had not issues from hsbc to gemini and vice versa in the past. although hsbc did like to verify each transfer by phone. although now they have enforced a 5K a month limit to exchanges....

@IndianaMylf-xd3pp 2 ай бұрын

It happened to me as well

@s34ncl71 5 ай бұрын

Would maybe be good to have a video on explaining how to off ramp and which banks are best for this? I have heard that banks can freeze your account if they see it as suspicious activity, so how do you navigate this? Good video though, thanks 👍

@jameskay428 5 ай бұрын

Thanks for the comment and I'm glad it's useful! It's difficult to create definitive advice on which banks will accept on ramps/off ramps from exchanges, as they seem to differ a lot and there aren't many that will accept transactions. There was a post on this in my previous exchange video where people mentioned the banks that were working for them if you wanted to check that out. Revolut, Monzo, and some people had success with Barclays it seems, but again they may not work for everyone

@King-Arthur-The-First 5 ай бұрын

Thankyou for this video. I’m doing research into my future need to off ramp crypto. As a U.K. bloke, Im planning my usdt to fiat future issues. I could always welcome hmrc along for the journey 😉

@banny66 5 ай бұрын

Same here. I'm beginning to stress that I won't be able to convert my crypto to GBP and then withdraw it with all the barriers in place in the UK.

@johnnygoz3129 5 ай бұрын

are these all the FCA approved exchanges we have access to in the UK? have you thought about making a video about UK crypto friendly banks?

@tony74jsy 5 ай бұрын

currently on/off ramping with coinbase and trading on kyc'd bitget exchange. living in jersey channel islands uk. thank you for these great updates

@jameskay428 5 ай бұрын

Glad they are helpful and thanks for the update from Jersey!

@comanche3406 5 ай бұрын

Coinbase to Halifax and Monzo always been a piece of cake for me

@lorrainethomson9850 5 ай бұрын

I don’t think you spoke about off ramping. Most banks won’t allow you to deposit fiat from selling crypto (via an exchange ) I am surprised more people aren’t talking about this issue! Only BTC biker on KZfaq..

@TERRIBLYBRITISH 6 ай бұрын

Thanks for the content... on ramp to kraken and then bitget for derivatives, not sure how long that will last though,as they are planning a uk only site which i guess wont allow futures

@Alex123321Alex123 6 ай бұрын

Is why anyone that's done well is moving from uk to Dubai

@edwardpryce2596 5 ай бұрын

Hi James. thank you for creating your Uk crypto channel . After 6 years of banking crypto profits into TSB bank im told its to risky for me to continue , so in my own interest and safety they blocked future transactions !!. I hope when the BITCOIN ETF is cleared to start trading on the stock market , the banks will be forced to treat crypto as an asset . I would be keen to get your view on this . Many thanks. G.

@finansowykretyn 6 ай бұрын

Great content. I made a few withdrawals recently from Kraken to Barclays. No problems whatsoever.

@jameskay428 6 ай бұрын

Glad it was useful! Well done and thanks for the update!

@1rsheridan 6 ай бұрын

Me too! I closed my account with Chase UK Bank and opened Barclays a/c on and off ramping via Payward absolutely seemless

@shahidhamid962 5 ай бұрын

How long did it take for the money to deposit?

@1rsheridan 5 ай бұрын

@@shahidhamid962 Almost immediately!

@lins3082 5 ай бұрын

An extremely wealthy family of Redtshields are connected to kraken.

@terrybutts5372 3 ай бұрын

Great video I love the information you provide 👌🙏

@jboy8787 6 ай бұрын

Uk banks that allow crypto exchange transactions list would be good

@pablofinn3451 6 ай бұрын

I don't think there's any fully "safe" UK banks to be honest. But Cheeky Crypto did a video on this after he got debanked from Santander for using crypto services. This might be worth a look. kzfaq.info/get/bejne/md17Y5Z9s5-Zd4E.html

@jamesrobinson5450 6 ай бұрын

Monzo Hsbc (sometimes) Barclay RBS

@Kendowyouknow 6 ай бұрын

Lloyds too

@olavssilis4366 6 ай бұрын

No problems with Monzo.

@floridahummer 6 ай бұрын

yep, did this last year.@@Kendowyouknow

@shabs6214 6 ай бұрын

Coinbase, swissborg, LCX

@jameskay428 6 ай бұрын

Thanks for the comment! I am not sure how much longer Swissborg and LCX will be available for UK users to be honest as both are not registered. LCX say they their team is working on it in the background, but there is no news yet

@astralartz2478 6 ай бұрын

Hugely helpful. Binance emailed me 45 minutes ago to say existing UK users will not be able to use Crypto Loans or Swap Farming after January 4th 2024 and that the services outstanding loans and rewards will be resolved by 29th January 2024.

@kevinisawake 6 ай бұрын

Same for me - we are being baby-seated by our government - crazy.

@jameskay428 6 ай бұрын

Thanks for the update and am glad it was helpful! I actually covered Binance in a previous video here in November: kzfaq.info/get/bejne/rJiPadKVl9PQgZ8.html. They are seemingly still trying to comply with FCA regulations and find a new UK approved company that can offer crypto financial promotions for them in the UK

@pablofinn3451 6 ай бұрын

It's the closing of the on/off ramps that bothers me more than anything. We can use self custody to hold our crypto and DEX to trade but it's the getting money in and out that'll be the problem if the markets take off and we want to take profits. Disgusting.

@stevey-xw4gz 6 ай бұрын

i never managed in the past to get a transfer from hsbc uk to binance to go through, always had to use gemini to get fiat to crypto

@stevey-xw4gz 6 ай бұрын

i live in 'communist' vietnam and far less regulation around crypto than the uk@@kevinisawake

@bennycrypto3428 6 ай бұрын

Bitget axed the UK today no email warning either which really sucks! At least other exchanges emailed you in advance

@kevinisawake 6 ай бұрын

Any UK crypto exchanges allow you to buy SPOT only. The rest of the stuff you are blocked by Uncle Sam to baby seat you adults who dont know what you doing with your money they say.

@JamesF908 6 ай бұрын

I got emails from bitget, 1 said they are delisting 10 GBP pairs as I presume no-one uses them and they have little liquidity, then the other said they were temporarily disabling GBP deposits for a system upgrade, other than that everything seems to be working fine

@user-vm1me4yl7w 5 ай бұрын

Is Wirex an exchange ? Have bought on there, just wondering your thoughts.

@phearson0079 6 ай бұрын

Uphold and swissborg work well for me 👍

@jameskay428 6 ай бұрын

Thanks for the comment! Uphold is FCA approved, but I am not sure how much longer Swissborg will be available for UK users to be honest as it's not registered yet.

@telandjen 3 ай бұрын

Not as of today. Shame as SB have been so epic so far. Did you see the emai?

@sabbirbinmuslim 6 ай бұрын

can you make a video on the best uk banks to use, thank for the excellent content for the uk

@Ad-mm7ef 6 ай бұрын

Lloyds bank is good for crypto, santander and natwest bad for crypto from my experience using all of them above

@jay_ta708 6 ай бұрын

Barclays is great. They are friendly to Crypto and it shows by their Barclays mobile app - when sending money, they have transfer reasons and one of them is "investments or cryptocurrency". I've not had a single issue with them.

@jameskay428 6 ай бұрын

Thanks for the information about Lloyds, I have heard that too. Also agree with NatWest not being good

@jameskay428 6 ай бұрын

Thanks for confirming and for the comment! This is the second comment praising Barclays

@darksyphon7649 5 ай бұрын

I had problems with Lloyd's multiple times blocking my crypto transactions to coinbase. This was a couple of years ago so maybe they are more pro crypto but I seriously doubt it being a traditional bank. I use monzo now, far better service than Lloyd's and crypto friendly. In the last bull run many had issues with Lloyd's, at the time monzo also blocked crypto transactions but they have u turned thankfully. During this time I used nationwide for my on ramps as they are a building society and won't block international payments. Which is a good option for everyone If faster payments stop working to the exchange you like. Can just take a bit longer for the cash to get there.

@Ubah3465 2 ай бұрын

Wow! Thank you for creating this video. When I was living in Turkey, investing in crypto exchanges was a breeze - it was easy and quick. However, since relocating to the UK, my experience with crypto has been almost like going through hell.

@theoccasionalbiker7732 6 ай бұрын

Binance really need to get their shit together. This isn't the first time in the last 3 or 4 years that their UK on/off ramps have disappeared.

@bondii9638 6 ай бұрын

All the blame can't be on binance as they did try to comply only to have their new uk partner removed from the list. Uk gov and the Fca are trying to shut out retail investors under the guise of protecting people this is total BS as you can still go to the bookies and blow your lifesaving if you wish.

@lins3082 5 ай бұрын

It's political east west. . The world is going towards WW. If you have been sleeping

@STmac74 5 ай бұрын

Was able to on-ramp fiat to Bitget for the last few months up until last week from Halifax but today it failed. I think they have just been chopped. Will try from HSBC but not confident

@jameskay428 5 ай бұрын

Thanks for the update!

@entgham9738 5 ай бұрын

And what about MEXC exchange

@PepsiMaxKola 6 ай бұрын

James do you know much about the Binance trading policy in the Uk? We can’t appear to take part in Launchpools or Launchpads on Binance, but no information as to why and the official response from Binance on twitter doesn’t even list the UK as a country that can’t partake. Real lack of information on how Binance can trade in the Uk at the moment

@jameskay428 6 ай бұрын

You can still indirectly participate by holding the token or BNB and gaining temporary large APY increases on relevant platforms on the BNB Chain. Although I made a video on Binance explaining why UK users have essentially lost access to it. You can check that out here: kzfaq.info/get/bejne/rJiPadKVl9PQgZ8.html. I also did a video with an update on crypto derivatives in case that is of interest: kzfaq.info/get/bejne/qbx-obihyMrNqI0.html

@oscillation86 5 ай бұрын

What’s interesting is that the banks have no issues with the amounts you bring in from crypto

@user-tq1qd3iu2t 5 ай бұрын

Yes they do. An acquaintance got questioned over it from her bank.

@lorrainethomson9850 5 ай бұрын

Yes they certainly do! We’ve been told they won’t accept it!!

@Juulikasergei 5 ай бұрын

Which crypto platform do you advice me to invest with?

@andrewpollard6243 5 ай бұрын

Hi James, Great video i have used Kraken for 1 year with no problems also use Kucoin which is not regulated with the FCA been using them for about 2 years with no problems.

@jameskay428 5 ай бұрын

Thanks very much for the comment and information! Glad the video was useful

@emovlog2199 5 ай бұрын

Can I buy crypto from kucoin if am in the uk

@pyroluke2010 5 ай бұрын

Kucoin does not seem to allow GBP deposits.

@andrewpollard6243 5 ай бұрын

@pyroluke2010 Kucoin stopped fiat deposit for GBP this week due to the fca but you can still transfer crypto onto Kucoin. 😁

@andrewpollard6243 5 ай бұрын

For GBP Deposits I have used Swissbourg and Kraken both no problems both good Swissbourg more expensive but easiest and there within seconds. 😀

@sparkes999 6 ай бұрын

I bank with lloyds and mostly use Binance and have had no issues buying crypto and withdrawing off the cex. But i can confirm there is no option now to convert crypto back to fiat. Does anyone know the best exchange to use on and off ramp services and had no issues? Thanks

@realtorrasheeddubai 2 ай бұрын

Are others exchange then Binance also have options for referrals ?

@user-wc6zy3lc3l 3 ай бұрын

OKX closed my account and not available in the UK!

@teamtrade5960 5 ай бұрын

Luno which has a wallet in London and many other countries they have been in London for many many years

@SlackHoffman 5 ай бұрын

Hi James Monzo works great for UK 🇬🇧 cryptonians 💪 I used Binance all last cycle and it was by far the best and I hope they find a new UK partner !! Great videos and thanks 🙏

@jameskay428 5 ай бұрын

Thanks for the update and I'm glad the videos are useful!

@CreuzaSantoscomamorcomunidade 5 ай бұрын

BARCLAYS, no problem yet

@krisztianrapali642 6 ай бұрын

Thanks James for your useful video! I used the Kraken from Uk a few days before and i could do everything! I could buy USDT from Barclay`s.

@jameskay428 6 ай бұрын

Thanks very much for your comment and glad it was useful! It seems like Kraken and Barclays are certainly working for a lot of people

@Juulikasergei 5 ай бұрын

Thanks for the update. Which investment platform do you advice for some that wants to invest in crypto.

@davidlam26 5 ай бұрын

is Etoro authorized in UK? Thanks!

@sunking25 3 ай бұрын

You don't believe you own the crypto asset on etoro, you can't withdraw to wallet?

@jasoncampbell7156 3 ай бұрын

handy list of exchanges not to use,

@matt49125 5 ай бұрын

Have used coinbase with natwest with no problems. I did have issues with binance so moved everything over and no longer use them

@WavScorn259 5 ай бұрын

I heard the fees are high on coinbase. Any experiences on that?

@HappilyNorth 5 ай бұрын

would love to know the web address for OKX we can use that's not in Chinese. I can't bloody find it.

@Kendowyouknow 6 ай бұрын

SwissBorg too

@jameskay428 6 ай бұрын

Thanks for the comment! I am not sure how much longer Swissborg will be available for UK users to be honest as it's not registered with the FCA yet

@argon5806 5 ай бұрын

Binance and OKX south east Asia

@jameskay428 5 ай бұрын

Thanks for the comment and information from South East Asia!

@MartinHayesUK 5 ай бұрын

I've recently joined OKX, but discovered it doesn't have a FIAT on/off ramp.

@jameskay428 5 ай бұрын

Thanks very much for the information and update! Perhaps OKX is waiting for its payment provider to gain approval in the UK? Think it partnered with Alchemy Pay according to this: finance.yahoo.com/news/okx-deploys-alchemy-pays-fiat-094500219.html?guccounter=1&guce_referrer=aHR0cHM6Ly9zZWFyY2guYnJhdmUuY29tLw&guce_referrer_sig=AQAAAFf2bjI23KjsWxRxjxfrP-X2Ufn0MT_rUlEcEFSKhBY-WWww8C5O3jYs81zVFGRYzSF-OJ4l3vHYbAFERj-2MJTPcF9-Wh1kLclYmvPyXH09eUiWYgln0nJhCT-NQS-dISjcpSzmVVZO2AjcP8kCrLeHobX2wAnOh5IAqJ6Xkrjd

@haroldmerewether1224 6 ай бұрын

I use etoro and nationwide are fine.

@leonwilson3006 6 ай бұрын

Yeah I have had no problems with etoro 👍

@bondii9638 6 ай бұрын

Binance, swissborg and kracken work fine. Swissborg and Kracken for on/off ramps and binance to sell, buy or trade. Revolute, barclays, RBS and monza are crypto friendly banks

@donkeykong.. 5 ай бұрын

Thanks for info. Once you’ve sold in binance do you just transfer to kraken to withdraw to Revolut or Monzo?

@bondii9638 5 ай бұрын

I generally use swissborg as only recently started using kracken.@donkeykong..

@lukeharwood9268 5 ай бұрын

Where can I trade IOTA in the UK that I currently hold. Getting worried about hodling this coin now 😢

@g.c.t.v6669 5 ай бұрын

BitGet has temporaliry suspended deposits and withdraws

@daverellbrooks4979 10 күн бұрын

Hello James, can you transfer from a source back to revolut bank account?

@zakamoriarty 6 ай бұрын

I've used Mexc, Nexo and Kraken within the past month to buy and transfer crypto in the UK.

@firstnamelastname8217 5 ай бұрын

Don't use MexC - too much risk, they are a bad actor

@user-vm1me4yl7w 5 ай бұрын

When did you open nexo account ? Just tried to open new account, will not allow.

@jameskay428 5 ай бұрын

No, I posted this yesterday as a reply to another comment about Nexo: Nexo is not currently registered to operate in the UK and is not accepting new UK users at the moment. However, it has reduced some services to try to meet with the new FCA regulations (e.g. removed Nexo Pro, Cashback, Referral and Affiliate Programs, the promotions it runs are not available to UK or US users...) and it is apparently currently in conversation with FCA-authorised firms based in the UK to try to get approval. I contacted their customer service team and they were proactive and ready with their response, so I think they are trying to get approved in the UK: "...we have temporarily phased off new registrations and access to our website for UK nationals. Nexo remains steadfast in its commitment to the U.K. market, prioritizing compliance and ongoing dialogue with FCA-authorised firms. This collaboration underlines our shared goal of fostering a vibrant crypto ecosystem, transcending mere compliance. Our proactive approach to regulatory changes is central to our mission, ensuring that our platform not only adheres to FCA standards but also offers a hassle-free experience for our users... For further details, please read more here: nexo.com/blog/nexo-continued-commitment-to-the-uk-market"

@RandomUser25122 5 ай бұрын

I’ve been with Nexo for a few years so hope they get renewed access to the UK as they have my main stash Though I’ve started moving assets to a Tangem wallet and an looking into DEXs

@zakamoriarty 5 ай бұрын

I use a cold wallet for 95% of my holdings but still often use Nexo for spot buys that I don't want to stake or trade with as they are so quick and are reasonable value for money. Use a couple of others exchanges for trading but Nexo certainly has its uses. @@RandomUser25122

@geez5059 5 ай бұрын

Is it illegal to use a vpn and create an account on exchanges that are blocked by the FCA for example Bing x?

@richrite1 5 ай бұрын

Do you have to tell the revenue that you merely own some? or only when you sell and ‘potentially’ profit?

@jameskay428 5 ай бұрын

No, you only need to report to HMRC when a taxable event has taken place

@user-qb5tc7yr8o 5 ай бұрын

Mexc works fine for me.

@jameskay428 5 ай бұрын

I believe MEXC isn't approved with the FCA in the UK, so I'm not sure how long it will work for UK users. Let's see. The exchange was also warned in Germany for not registering there. There have been recent reports on X of users having their funds and transactions frozen on the exchange, so I would urge caution and please do your due diligence

@stay_illin7031 6 ай бұрын

I use kraken and Coinbase Australia

@jameskay428 6 ай бұрын

Amazing, thanks for the comment!

@TheAndyJBall 6 ай бұрын

what is the difference between each of them, lidl, aldi, waitrose or morrisons...................give real value please

@hubenplovdiv 5 ай бұрын

Is Bitget approved by the FCA?

@DavidWilson-pn7pi 4 ай бұрын

What about Tangem

@livechangingmoney Ай бұрын

I use Kucoin and Mexc

@Alexxx---101 Ай бұрын

Coinbase has told me im only allowed to withdraw funds to paypal only. Where's the best place in the UK to withdraw?

@sandybumcrak6792 3 ай бұрын

I am UK based and use Barclays to Kucoin without a problem but Revolut for me doesnt work any longer.

@Danny-npgbp 5 ай бұрын

You forgot Uphold. Easiest exchange to use in my opinion

@jameskay428 5 ай бұрын

I did include Uphold at about 5:20 in the video. But thanks for the recommendation!

@efwcustoms 4 ай бұрын

Great video,thank you. I just trying to sell some of my BTC I have into GBP, following your info is Kraken or Coinbase will allow me to send GBP to my acc?

@jameskay428 4 ай бұрын

Glad to help! Yes, as they are FCA approved. A lot of people have found it difficult to get their bank to accept the transaction though

@johnmullin6175 Ай бұрын

What is the best crypto broker in UK to use as an off ramp?

@dannythegreat453 5 ай бұрын

So go with exchanges that aren’t regulated then

@blaze2417 11 күн бұрын

So how can I trade future in the uk guys any recommended exchanges?

@Treborize. 3 ай бұрын

Can't get anything on mobile unless KYC. Whole point was annominity yea ? For laptop trading what is best ? Pc or Mac. Many thanks. Trying so hard to grab atleast 0.1 BTC 😢

@donwilliamson2661 Ай бұрын

*What Free Market!?*

@Richroller37 5 ай бұрын

I'm in the uk and use etoro with no problems, but there's not many coins on offer. I'm also using binance and I'm slightly concerned that I won't be able to withdraw my money, any tips would be much appreciated?

@jameskay428 5 ай бұрын

You could send it to another exchange and withdraw it from there if needed

@coinhunteraltchhq 5 ай бұрын

lbank is avalible to users in the uk

@user-vm1me4yl7w 5 ай бұрын

Just tried to create account on nexo......will not allow for UK

@jameskay428 5 ай бұрын

@jugjones3210 4 ай бұрын

Is BITMART registered in the uk?

@bennycrypto3428 6 ай бұрын

Do any of the uk ones you mentioned still have options to trade futures for uk? Or are all the ones you said just to buy on spot with no leverage/futures trading available?

@jameskay428 6 ай бұрын

No, crypto derivatives are not available to UK retail investors I'm afraid. I did a video on this that you can see here: kzfaq.info/get/bejne/qbx-obihyMrNqI0.html

@bretusmongetus 3 ай бұрын

Bitrue still has futures if you're in the UK, no kyc.

@vernonjames649 2 ай бұрын

bitrue no kyc for creating an account? what's the liquidity like? tia@@bretusmongetus

@Itsyoboythix Ай бұрын

Kucoin have futures in uk

@vernonjames649 Ай бұрын

@@Itsyoboythix are Kucoin taking on UK customers?