Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: Lorenzo on December 12, 2021, 06:04:07 PM
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Hi 👋
Complete beginner here.
I recently jumped from etoro to Kraken.
I am confused as to which market pairs i should be trading in.
As a UK resident, i will be funding with GBP into my spot wallet via a BACS bank transfer (since it's free to do so.)
My problem is i am used to looking at the markets in USD, the other exchange i use is in USD, and nearly all of the news sources i use are in USD.
As a UK trader, should i get used to working and looking at the markets in GBP? Or should i exchange the GBP in my wallet for USD, then trade in those markets? and if so, how would i do that and would i incur changes?
I have tried to reach out to Kraken, but as im terrible at explaining stuff they couldn't understand my problem fully. I have spent almost all week on this, without any joy.
I guess what im asking here is a step-by-step guide on how I should be trading on Kraken as UK resident.
Thanks in advance.
Kind regards
Loz