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The emergence of non-fungible tokens and DeFi applications also indicates that people are moving away from Ethereum, the second most popular coin, towards alternatives that offer lower fees and better speeds. Ethereum is transferring from a proof-of-work to a proof-of-stake consensus mechanism in the coming months that might tilt the market in its favor.
Despite these changes, the prices of cryptocurrencies remain volatile as governments weigh regulations on the industry. For beginners, investments in this sphere can often be boom or bust without proper information. These were picked from a careful assessment of comments published on different Reddit forums over the past twenty-four hours.
The details of each cryptocurrency are mentioned alongside a discussion around top companies working in the sector to provide readers with some context for their investment decisions. Data from around elite hedge funds tracked by Insider Monkey in Q3 was used to identify the number of hedge funds that hold stakes in each firm. Polkadot is a cryptocurrency network that allows for distributed computing. This works as the Polkadot network consists of a central relay chain that coordinates parachains.
The parachains allow developers to build chains for special purposes, for example social networking, fintech, and other tasks. These parachains are then linked to the central relay chain and can interact with one another. The Polkadot network also includes on-chain governance, allowing users more say in the future development of the network. The network also includes forkless updates. The wider acceptance of coins like Polkadot has been facilitated by companies like Visa Inc.
The institutional trust in Visa Inc. NYSE:V helps soothe investor concerns around crypto. NYSE:V is one of the stocks that crypto investors are keeping their eye on. In its Q1 investor letter, ClearBridge Investments , an asset management firm, highlighted a few stocks and Visa Inc.
NYSE:V was one of them. Here is what the fund said:. Cardano is a public blockchain ecosystem that just started offering smart contracts. Compared to other prominent coins that have had this ability for years, the Cardano network is a new player in the arena. This means that Cardano is one of the first coins with a focus on specific needs of developing nations. Along with Cardano, there are firms like Block, Inc.
Jack Dorsey, the founder of Twitter and one of the most prominent crypto bulls, leads Block, Inc. Through one integrated system, Block, Inc. We estimate that Block, Inc. The network on which it operates essentially masks information like the amount in crypto wallets or the kind of transactions a user has been making on the blockchain, even if the address of that user is publicly available.
Monero was founded in The Monero network uses ring signatures to encrypt sender information, making it nearly impossible to identify the original source from which funds have been sent. The importance of this backing is evident from the hedge fund sentiment around PayPal Holdings, Inc. We expect many more years of ongoing double-digit growth from their various business segments and new initiatives.
Litecoin is one of the most popular Bitcoin spinoffs. The Litecoin network is similar to Bitcoin but different in terms of transaction speeds, block generation time, hashing algorithm, and the maximum number of coins. The Washington-based software firm has been very bullish on the future of the crypto revolution. It was our leading contributor last year and one of our largest weightings within the Portfolio. It continues to experience business momentum through several dominant, essential, and competitively advantaged businesses, like Office and Azure.
The markets it competes for are enormous, which gives the company the ability to compound at scale. Chainlink is the cryptocurrency used by the Chainlink network. The Chainlink network aims to streamline smart contracts by offering high quality and reliable data feeds to businesses so they can make use of that information to base contracts worth billions of trillions of dollars.
These feeds can range from information about finance markets, to the weather, and even sports results. Smart contract applications within the blockchain world usually rely on different datasets for validation of real-world data and typically use Oracle networks for the purpose. As the world goes digital, one of the most prominent backers of blockchain has been Meta Platforms, Inc. Meta Platforms, Inc. Our repositioning has been encouraging so far with the portfolio performing better on up days in the market while maintaining good down capture during more turbulent sessions.
More advanced users can take advantage of a myriad of trading order types, including limit, market and stop-limit, as well as two powerful trading dashboards chock full of important data, like spot price and hour highs, lows and trading volume. New users blissfully unaware of what a candlestick graph is much less how to read one may feel overwhelmed and should stick with the Buy Cryptocurrency tab until they get a better lay of the land.
The Binance Academy provides a one-stop guide to all things crypto for rookies trying to understand mining and veterans looking to develop a trading strategy. Not necessarily a bad thing for your long-term wealth.
Coinbase stands out for its easy-to-use interface that makes one-time or recurring crypto investments a snap. But this convenience comes at a cost. As with most exchanges, Binance. As mentioned in its Best Overall writeup, Binance. Why We Picked It One of the oldest crypto exchanges, founded in the Paleolithic era of crypto , Kraken offers a solid range of coins with low fees.
Why We Picked It Crypto. Why We Picked It Similar to Coinbase, Gemini may be best for beginners looking to dip their toes in the crypto waters. Why We Picked It Gate. Why We Picked It Another heavy hitter when it comes to the sheer amount of coins available, KuCoin provides access to a wide library of altcoins at low fees.
Why We Picked It An early entrant to the crypto exchange space, Bitstamp currently provides a rather limited range of cryptos, though these may be enough to satisfy most traders. Why We Picked It Boasting a veritable cornucopia of coin options, Bittrex may be best suited to high volume traders who are able to take advantage of its discounted fee schedule.
We then collected more than 20 data points per crypto exchange to assess important features, like the types of cryptocurrencies available, fees, cybersecurity features per crypto exchange security rating agency CER. To determine rankings of these exchanges, Forbes Advisor UK weighted each of these data points in accordance with their importance to different types of cryptocurrency investors.
These often vary by coin type. Also consider the cryptocurrencies available on a given exchange. High-frequency traders especially want to lower costs. A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like Bitcoin , Ether or Dogecoin. Crypto exchanges work a lot like brokerage platforms you may be more familiar with. Each offers a portal where you can create different order types to buy, sell and speculate on cryptocurrencies with other users.
Crypto exchanges can be centralised, meaning they are managed by one corporate authority, like a brokerage company that facilitates the security of trades, or decentralised. Decentralised exchanges generally distribute verification powers to anyone willing to join a network and certify transactions, much like cryptocurrency blockchains themselves.
This may help increase accountability and transparency as well as ensure an exchange can keep running if something happens to a company running an exchange. You may need to obtain a crypto wallet to hold your cryptocurrency, or your exchange may provide one. Be careful when picking a crypto exchange as some provide wallets that do not let you transfer your coins off of the platform.
This may create security risks, for instance if they are hacked. Some crypto exchanges will let you use other cryptocurrencies or their own branded stablecoins to fund transactions. Exchanges have different requirements, often depending on the type of cryptocurrency you want to buy. You may be able to buy fractional shares of coins for pennies or just a few pounds. Each crypto exchange has its own unique registration process, and with some, you may be able to make an account and buy and sell small amounts of crypto without verifying your identity or submitting much sensitive information.
But as the industry has evolved, measures to prevent money laundering and fraud have been introduced. He lives in Dripping Springs, TX with his wife and kids and welcomes bbq tips. John Schmidt is the Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate Insight. Select Region. United States. United Kingdom.
All ratings are determined solely by our editorial team. Advisor Investing. Advertiser Disclosure. Taylor Tepper , John Schmidt. Forbes Staff , Editor. Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.
Crypto Exchange FAQs. Guides To Investing. Featured Partners. Learn More On Crypto. No consumer protection. Your capital is at risk. Best Crypto Exchanges. Our ratings take into account the product's terms and benefits. All ratings are determined solely by the Forbes Advisor editorial team. Why We Picked It. Low costs for spot and general trading. Wide range of cryptocurrencies available for trading.
Originally the organization was a cloud mining service provider which handled a number of cloud mining pools. From , the organisation dropped the mining service business and focussed completely on the exchange services. In , the company set up its offices in nine US states and has been expanding since then. In addition to this The exchange also offers a Demo Account for paper trading. The basic trading fee is 0. The platform is secure and easy to use. Along with an interactive web application, it offers a mobile application for Android and iOS users.
Bybit is a specialized spot and crypto derivatives market exchange. Established in March , Bybit is one of the fastest growing cryptocurrency exchanges, with more than 3 million registered users. Further, the exchange offers a margin on the above derivatives upto x. In case you are looking for an exchange for spot and derivatives trading, then Bybit is the best bet.
The platform is adding quality and trending coins every other day, and it might become the fastest growing crypto exchange of It is one of the best crypto exchanges which is secure and easy to use. It has an interactive web application and has a mobile application for Android and iOS users. Using the above cryptocurrency exchanges will allow you to buy almost all of the cryptos you could ever want to buy. However, there are a few more cryptocurrency exchanges that you should have an account with, as there are a few coins that are only available there.
In June , the company acquired two Chinese exchanges and integrated them with Hoo. Thus, Hoo Exchange became a complete digital asset trading platform. The exchange provides all the basic features such as spot and margin trading, futures and options trading, etc. In addition to this, Hoo has an OTC over-the-counter platform which can be used for bulk trades. The exchange offers around tokens pairs of token. The trading fee on HOO is 0.
People who have high trading volumes can get a discount on this trading fee. Please read our full review on Hoo Exchange here. The exchange has listed coins which are offered as different pairs. MX Token. Founders George Cao and Ariel Ling have substantial experience in investment banking and traditional stock markets. AscendEX has listed tokens on the platform, which are offered as pairs of token.
The trading fee of the platform is 0. So that is it for my list of most reliable cryptocurrency exchanges. Now, with such an information overload there is a need to summarise this information. Let us understand how to choose the best crypto exchange for ourselves.
Following are the crucial factors you should consider while choosing the best crypto exchange for yourself:. Almost all exchanges have a list of supported countries. Residents outside these jurisdictions should not use these exchanges. Further, you should also check whether your native fiat currency is supported by that exchange or not. If not, then you need to figure out a way to transfer your funds to this exchange.
Security is the key factor for the sustenance of the whole crypto market. Before choosing an exchange for yourself, you should have an answer to these questions:. Once you have answered the above questions, you will be able to judge the security of the said platform. Centralized exchanges need your personal details before they allow you to trade on their platform. Further, most of these exchanges keep custody of your funds. Some exchanges although very good in product offerings have a very complicated user interface.
This leads to confusion in understanding the product or method of transactions. Thus, you should choose an exchange that has an interactive web application and a compatible mobile application. If you want to purchase a token, you need to ensure whether people are interested in selling that token on the exchange. Thus, liquidity means the availability and scale of crypto funds on a particular exchange.
For this, you should check the number of trading pairs supported by the platforms and the hour trading volume of the platform. Almost all the centralized exchanges have a KYC Policy basis that collect information of user and enable them to use the platform. What you need to check is the type of information collected as well as the time in which verification is done by the exchange. On every transaction, a trading fee would be charged by the exchange.
This trading fee is a cost to you and thus you should try and choose an exchange with the lowest trading fee. A crypto exchange is an intermediary between a buyer and the seller. Therefore, you need to ensure that an exchange is legit and does not have a bad reputation in the market. Lastly, you should check whether a crypto exchange is in line with the regulations of your country.
In case an exchange is banned by the authorities, you should not use that exchange in any case. Trust me, I have squeezed my 5 years of experience in the crypto markets in this single post. My objective is to bring you the most feasible products of the crypto markets and help you in earning life-changing money. I will update this post as I find other trustable and feature-rich cryptocurrency exchanges. For now, you can consider joining our Telegram channel to stay updated with all the latest info.
Otherwise, this is a bad practice. Large-scale hacks like Mt. Gox can happen at any time. I would strongly recommend you to use the Ledger Nano S or a wallet like Atomic , where you can store a lot of different cryptos and control your private keys. Let me hear your thoughts in the comments below! There are a few exchanges that are regulated. As mentioned above, the following are the top cryptocurrency exchanges: 1.
Binance 2. FTX 3. Huobi Global 4. Changelly 5. Bitfinex 6. Coinbase 7. Kraken 8. KuCoin 9. CEX Binance and Bybit offer the lowest fees at this moment. Changelly or Changenow is the best for those looking for instant exchange of coins. On the other hand, Binance offers the biggest ecosystem, and the platform is also beginner-friendly.
He has a background in both finance and technology and holds professional qualifications in Information technology. Do you have any idea about which platform would be the best for me. Recently lots of buzz going around regarding cryptocurrencies. It appears in the budget statement of FM. Also, read in the newspaper that it is not legal but it is not illegal as well. If I go ahead then: 1 Which exchange would be the best for me?
I would prefer an exchange that provides multiple currencies and has minimum of 1 lakh, active traders? Then hold for the long term. And then sell it on another exchange? There are many good options in India. Binance and OkEx. It is always good and suggested that you diversify not only your cryptos but all the exchanges you are using. Hey Harsh, i trade on binance and as of today china has banned all crypto-related exchanges. Hi: I was triying to open an account with Bitfinex, but now no usa residence can open an account, what the best trading plataform that i can have usd , and trade dash , ripple, etc?
Transfer these Bitcoins to Binance and start trading. Will you tell me which exchange is accepting wire transfer to buy crypto currency in the world exchange ignore Indian Exchanges. I am from India where can I deposit from my bank account to their account and buy cryptos. Indian Exchanges are are taking 3 to 4 days for accepting deposits and also for withdrawals. No such exchange accepting fiat from India. However, you can try cex.
Hi Im from England and am quite new to cryptocurrencies. Which exchange would you nrecommend? Yeah both the wallets are great and we use both and prefer Ledger Nano S. Thank you very much for your reply, thats very helpful. The reason I was going to go for Trezor was that I have a friend who can reliably get it from the source directly.
Thanks again. I would suggest you to buy it from the official website here. Good morning, until I pourchase a hardware wallet. And to top it all they charged me 1. Why does it take so long to buy or sell crytocurrencies? Which exchanges offers the best sell experience and withdrawing the funds back to my bank account?
High demand and low supply 2. Try Cex. Hello, I live in the US. I want to use an exchange that has very little registration work needed and is simple to use. Thank you so much! Very nice presentation about those crypto currenciesexchanges. But I am very confused and not sure who to trust in this crypto world. After reading many comments and news, I found out that most of these brokers are not safe to buy crypto positions from.
We spent hours comparing and contrasting the features and product offerings of various crypto exchanges so you don't have to. We also explored whether exchanges offered services both for individuals and institutions, and we paid close attention to other account options like staking rewards, margin trading, and Stablecoin support.
A cryptocurrency exchange is like an online brokerage for cryptocurrencies, tokens virtual assets created through existing blockchains , and other digital assets. Many of these exchanges offer investment options for active traders looking to buy, sell, or hold digital assets like bitcoin , ethereum, and litecoin.
Most exchanges also offer custody and storage options for users looking to safely protect their crypto assets against theft and hacks. But then again, most exchanges aren't solely personal wallet services. If you want to set up an external wallet with a bitcoin wallet provider or another storage wallet service, you can do so while maintaining your crypto exchange account.
You can simply transfer assets between your exchange account and crypto wallet when necessary. This depends on your investment goals and needs. You can invest in cryptocurrencies in more than one place. For instance, both PayPal and SoFi aren't strictly crypto-focused companies, but both offer digital assets. And if you're interested in low-cost options, note that you can also trade cryptocurrencies with fee-free brokerages like Webull and Robinhood.
The catch with taking this route is that you won't have as many crypto-specific features as you would with a Kraken or Gemini. You would essentially sacrifice a wider range of investments and account features for lower fees and limited cryptocurrency options. If you're looking for a wider range of crypto-specific trading tools and account features, a cryptocurrency exchange may be the best option.
Disclosure: This post may highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners.
This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team. Check out: Personal Finance Insider's review of Coinbase. Check out: Personal Finance Insider's review of eToro. Check out: Personal Finance Insider's review of Robinhood. More Button Icon Circle with three horizontal dots. It indicates a way to see more nav menu items inside the site menu by triggering the side menu to open and close.
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Personal Finance Insider researches a wide array of offers when making recommendations; however, we make no warranty that such information represents all available products or offers in the marketplace. Personal Finance. Table of Contents. Account Minimum. Investment Types. Editor's Rating. Pros Buy, sell, or store more than cryptocurrencies like bitcoin and dogecoin Educational investment resources, mobile access, digital storage, and customer support Low account minimums Can earn rewards for certain cryptocurrencies Coinbase card lets you spend crypto or USD anywhere and earn crypto rewards; can deposit your paycheck into your account and convert from USD to crypto with no fees.
Cons No crypto futures or margin accounts Pay more for lower balances Not for users who want external storage wallets crafted by personal wallet companies High trading and transaction fees.
Besides, the advanced platform has also enhanced the experience for investors and traders. Visit Changelly. This crypto trading platform in Canada has a reputation for being the most responsive and fast platform for processing crypto transactions. Although the service is limited only to Canadians, the number of traders is pretty high. Direct customer service and secure activation of user accounts are responsible for the rapid growth of this platform. Visit Bitbuy.
It offers hassle-free trading as a crypto trading platform as you do not need to open an account. None of your transaction data is stored in the database, although Changenow assures your safety. It also breaks the boundary of the exchanging limit, which sets a high standard for the platform. Visit Changenow. Shapeshift is claimed as the best crypto trading platform by so many investors and tradespeople worldwide.
It maintains more than cryptocurrencies, and a free account is required to start transacting. The convenient platform is uncomplicated to utilize, and you can transfer your money quickly to the receiver. Visit Shapeshift. Bitstamp is operating as one of the leaders in the industry of cryptocurrency. They are already enough matured to provide better service and ensure protection. Besides, the ability to cash out directly to your bank account and no withdrawal limit have helped it possess its position for a long time.
Visit Bitstamp. As a major crypto trading platform, Coinmama has been operating in the industry since It focuses on the ever-changing development process to render the best service for the traders. You can buy Bitcoin, Ethereum, Ripple, and other demanded cryptocurrencies, and there is no need to deposit. You can instantly start trading once your account is verified. Visit Coinmama. This is one of the most flexible cryptocurrency trading sites.
It uses an open-source and peer-to-peer network for exchanging your national currencies with the crypto. As no account is required, you can access it anytime and start trading. If you are not sure about disclosing your identity, then you can try this platform.
Visit Bitsquare. LocalBitcoins is an excellent platform for buying or selling bitcoin at a specific rate completely controlled and set by you. This platform also allows payment through local online payment gateways.
Visit LocalBitcoins. LinkCoin is one of the newcomers in the industry of cryptocurrency. It has been introduced over the counter for Altcoins for the first time in the world. This platform is formed using the experience of the stock exchange, investment banking, and brokerage firms. Ensuring high-quality security and user experience has already gained firm popularity after starting the journey in Visit LinkCoin.
If you want to indulge yourself in one of the most demanding cryptocurrency exchange platforms, then this is the platform you might be interested in. Even if you are a beginner in this sector, this platform will guide you to become an expert through its multi-dimensional UI and creative framework.
Visit Binance. This cryptocurrency exchange platform focuses on trading at low risk, but confirming recurring purchases across the order books is the central part of its goal. This platform has been working to promote the adoption of cryptocurrency since Visit Gemini. This trading place is only available to US citizens. This is very popular among people due to its fast and reliable conversion over other cryptocurrency exchange platforms.
Besides, if you want to transfer your asset from Huobi global to Huobi OTC, you can do it freely in this marketplace. Visit Huobi. Luni is powered by a robust trade engine that has many extensive features. Although the system is safe and reliable, you can only exchange Bitcoin and Ethereum. The platform is easily understandable, and in every step, you will be guided through detailed guidelines.
Visit Luno. Coinigy started its journey in , and since they have maintained their reputation through their premium customer support. If you want to take your portfolio to the next level, its premium portfolio suit can help you a lot. You can build, manage, evaluate your portfolio, and exchange through all kinds of platforms.
Visit Coinigy. Cryptocurrency is going to replace traditional currency in the near future. As a result, demand and prices are going higher day by day. In case you are not usual with the concept of cryptos yet, this is high time to start your journey. To get going with the latest features of the digital currency exchanging platforms, you must choose a good platform.
You can start exploring any of the described cryptocurrency exchange platforms above. Exchange rates, payment methods, deposit types, account management, and security are the issues you should keep in mind while choosing the cryptocurrency trading site that suits you best. Is such an appreciated effort you guys made to make this compilation. I must say am happy to know more about this. Thanks for the informations here. I have gone through the entire article which looks quite interesting.
Here, you have clearly explained about top cryptocurrency exchange platform for traders in Keep up the good work. Are you an crypto enthusiast, planning to launch your crypto exchange platform for your crypto trading business? Check Osiz Technologies. Thanks for the article! It was exceptional! Meanwhile, if you are active entrepreneur interested to get into the crypto world at an affordable cost, I would suggest you to refer Zab Technologies.
Thank you, great list. On different exchanges, the requirements for new users may differ: some set a tight framework and severely limit trading opportunities, others are more loyal to unverified users, but set a limit for daily trading volumes. There are also exchanges on which there is no mandatory verification of identity, which allows users to remain completely anonymous. The larger the choice of currency pairs offered on the exchange, the more tools for earning you have.
Good luck! Save my name, email, and website in this browser for the next time I comment. There are many good and active discussions about Bitcoin, but there is also a mix of humor and GIFs. This subreddit covers a variety of news related to Bitcoin, Ethereum or any other altcoin or token. It is focused on the news that could potentially affect the price of the crypto-coin or token. In this subreddit, crypto beginners can ask questions about anything related to Bitcoin.
However, posting new websites, memes, faucets, affiliate links, news, blog articles, or promoting altcoins and ICOs is considered to be an off-topic discussion. Litecointraders was created for both experienced and new traders as a place for people to congregate and form a friendly community through discussion and realistic speculation.
However, we have published a simple guide on how to benefit from social media before regarding crypto trading. There are a few crypto reddit groups for passive income. There is one large for passive income in general and two for crypto passive income specific. If you are interested and worried about your crypto gain taxes you can follow a great crypto tax subreddit. In this crypto tax subreddit you can follow discussion and also contribute.
If you want a convenient way to report crypto taxes you should signup for one of the best crypto tax software. With these you can connect them to all your crypto exchange accounts and they will automatically calculate all your taxes in a few minutes. Many people are look for great crypto trading welcome bonuses and offers. We have summarized all the best crypto signing up bonus with no deposit upon registration for you. This is one of our most popular post and therefor we push it a little bit extra in our ordinary blog posts.
Through the research, we have deduced that these four subreddits are the best for crypto trading:. However, you should scan all the mentioned subreddits to find out what subreddit does suit your crypto trading strategy. At the same time, if you are interested in reading further about Cryptocoin Trading, than you can look through our blog post about The Top 10 Blogs to Follow for Cryptocurrency Trading. Skip to content. The 12 best crypto trading subreddits.
Here, we list the 12 best crypto trading subreddits for you. Are you from US and is looking for a crypto Exchange? Read Kraken VS Coinbase. Cryptomarkets - the best crypto trading subreddit. Bitcoinmarkets - the best Bitcoin trading subreddit.
The subreddit is divided into two different flairs, daily discussion and altcoin discussion. Bitcoinmarkets have forbidden image, video and link posts. CryptoCurrencyTrading - the best Bitcoin and Altcoin subreddit. Some Great Offers from Us! See All Offers.
Ethtrader - the best Ethereum trading subreddit. Ethtrader is the largest subreddit exclusively for Ethereum ETH traders. Ethfinance - Subreddit for ETH prices. Ethfinance has Cryptocurrency - a broad subreddit for crypto trading. Bitcoin - the largest crypto subreddit. Ethereum - a general subreddit for Ethereum. BTC - a liberal subreddit for Bitcoin. BitcoinBeginners- a subreddit for crypto beginners.
Litecointraders - a subreddit for Litecoin LTC traders. How can I get help from different social media for cryptocurrency trading? Reddit passive income Crypto passive income Passive Income Crypto If you are interest in earning crypto passive income , you should check click the link for a full list and comparison of all the best interest rates for each cryptocurrency.
The Best Reddit for Crypto Tax. We think Koinly is the best crypto tax software. Hope you find a crypto trading bonus that can help you to increase your portfolio. Conclusion - What are the best subreddits for cryptocurrency trading? Share on facebook Facebook. Share on pinterest Pinterest. Share on twitter Twitter. Share on linkedin LinkedIn. Best Offers Right Now. Read more on Offers page.
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Both are centralised exchanges. If you're new to crypto there's a hell of a lot to learn. Take your time buying coins, it's really easy to get. CoinCorner is a Bitcoin exchange in the UK that helps total newbies to buy Bitcoin easily and quickly. Most UK users can buy up to £ I have a ladi.crptocurrencyupdates.com debit card and am very happy with it, and I use them for staking TGBP at 12% which is great, but despite having "no fees".