10 Best Crypto Exchanges in the UK Top Exchanges Compares

Jul 06, FinTech

For UK customers, eToro offers an eToro Money app which allows you to convert your GBP to USD free of charge, thereby reducing your foreign exchange costs. The app also functions as a wallet for storing your crypto holdings and allows for easy transfer of your cryptocurrency from one exchange or wallet to another. In addition to cryptocurrencies, eToro offers other products, including 0% commission stocks. Etoro is one of the most reputed and global financial brokerages that offer trading platforms and investment platforms to trade markets like Crypto, ETFs, commodities, indices, and Forex. This platform is used by millions of global investors that also includes UK customers. Also, users can deposit four fiat assets like GBP, USD, PLN, and EUR.

  • A blockchain is a specific type of database containing a list of transactions that anyone can view and verify.
  • These crypto exchanges examples allow users to buy coins via spot trading or instant buy and trade crypto anonymously through a decentralized cryptocurrency exchange.
  • Spot trading with Kraken is simple because it doesn’t overcomplicate the process with complex interfaces and information overloading.
  • One minor downside is that Bitstamp does not provide a crypto wallet.
  • You can store coins, NFTs and anything else on the blockchain in your wallet.

With over 20 million traders in more than 200 countries, we are the most trusted cryptocurrency marketplace in the world to buy BTC, ETH, USDT, XRP and many more digital assets. Trade crypto more effectively with a variety of crypto pairs, derivative trading instruments, and order types such as limit order, market order, stop order, or iceberg order. Diversify your crypto portfolio and build long-term wealth with advanced finance tools for Bitcoin and cryptocurrency borrowing or lending.

What’s a crypto exchange?

Since then, Crypto.com has been promoted around AFL stadiums. All the crypto we store is regularly verified by independent auditors. AML Data Get support for your AML compliance process with our global comprehensive AML data.

The UK regulates these virtual assets for money laundering purposes. In the country, the Financial Conduct Authority assumed oversight of the cryptocurrency’s anti-money laundering and counter-terrorism financing activities. That is why UK crypto exchange operating needs to be FCA registered, except that some crypto assets services can obtain e-licenses instead of registering for FCA. A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like Bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with.

Buy crypto with a debit or credit card

These exchanges are a great place to start – they’re super user friendly and help you learn the basics. Due to its FCA license and top notch security, eToro is certainly the most reliable crypto exchange in the UK. For users who want to trade on the move, Coinbase has a solid offering.

crypto exchange uk

The Coinbase app has received good reviews from a huge user-base, scoring 4.1/5 on Google Play and 4.7/5 on Apple’s App Store (1.68m reviews). You can also use a specific Bitcoin exchange in case you are mainly focused on this crypto asset. Click the “Buy and Sell” section under the “Individuals” tab to begin buying crypto. Then choose the coin you want to buy, which will direct you to the exchange interface.

Become part of a global community of people who have found their path to the crypto world with CEX.IO

It is one of the only platforms that do not require users to verify their identities in order to deposit, withdraw and make trades via spot and derivatives markets. Additionally, it offers the most robust futures trading platform best crypto exchange UK that supports leverage trading up to 100x on selected tokens. The exchange also provides over 10 different crypto staking options. Buying cryptocurrencies on Crypto.com is convenient as you have multiple options.

crypto exchange uk

Digital assets or digital currencies, or crypto assets, just means a cryptocurrency or coin, or token. P2P services allow investors to trade Bitcoin and trade crypto in general without going through a 3rd party like a crypto exchange. Instead, crypto traders can buy cryptocurrency directly from the seller, which usually results in fewer fees. Binance P2P and KuCoin P2P provide an outstanding user experience for this type of buying method. EToro is a fantastic crypto exchange for buying cryptocurrency, especially if you’re a beginner.

The 10 Best UK Crypto Exchanges to Trade with 2023

EToro is a global multi-asset investing platform that allows users to buy and sell a variety of assets, including crypto, shares, commodities, currencies, indices and ETFs. The platform is available in over 140 countries, including the United Kingdom. To determine what is the best crypto exchange for UK investors, we have examined over 50 platforms in depth. Using our in-house methodology, we have ranked them based on UK regulation & licensing, features, supported assets, user experience, GBP deposit methods, fees and more.

crypto exchange uk

And so, often crypto traders will opt for altcoins rather than bitcoin, particularly if they aren’t investing too much money. Basic exchanges in the UK, quite simply, let you buy and sell the most popular coins . It’s an awesome platform https://xcritical.com/ overall, trustworthy and great customer service. Many traders also want to buy crypto with PayPal, but only a few platforms offer this easy and fast deposit option. Inactivity fees vary across the best Bitcoin exchanges in the UK.

How do I get cryptocurrency?

The rest of the operation, however, remains giant in scope. There are also 14 crypto crosses which can be bet on, including ETH/BTC, BTC/XLM and EOS/XLM. Every month, we’ll send you The Plug – a curation of the best personal finance content in the UK. We share real-life stories, how-to guides, top personal finance news, popular community questions, and tips to help you stay on top of your money.

BitYard is one of the few exchanges that complies with financial industry regulations and holds licenses in Australia, Singapore and the U.S. Users who are interested in spot trading will enjoy the low trading fees and a decent selection of popular cryptocurrencies. It offers a crypto exchange with trading in 27 cryptocurrencies, as well as an online brokerage platform with access to a limited selection of stocks and exchange traded funds . AirSwap enables peer-to-peer trading through a suite of apps and tools that are free and easy to use.

In the UK, the FCA has the authority to permit the operation of an exchange that enables trading crypto-assets under the Markets in Financial Instruments Directive II . Accordingly, businesses in the jurisdiction of FCA must comply with its crypto asset regulations. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication.

crypto exchange uk

Currently, this platform operates in 32 European countries. Within a short time, XBT has grown exponentially and has clients in more than 150 countries. This platform is loaded with several trading tools that can be used by both new and intermediate-level traders. Both new and advanced traders prefer this exchange, and it has several fiat currencies other than GBP and EUR. Likewise, with the Customer Due Diligence procedures, customers’ risks are determined, and precautions are taken according to these risks.


In addition to the bonuses and discounts, it charges a 0.1% fee per trade and even small fees for futures trading. Buy crypto with top fiat currencies, including USD, EUR, CNY, GBP, CAD, AUD, and many more. OKX is a crypto exchange that allows you to buy, sell and store hundreds of popular cryptocurrencies and altcoins. OKX users can trade Bitcoin, Ethereum, Tether, USD Coin, XRP, ADA, SOL, DOGE and many other popular cryptocurrencies.

They’re often called ‘real’ currencies as they’re not digital currencies, and they are paper-based (i.e. bank notes). And from Bitcoin came more leaps in technology – using the same or similar infrastructure as Bitcoin, but for different purposes. (by the way, here’s how to buy ethereum, oh, and here’s how to buy bitcoin in the UK). Or perhaps you’ve been through the good times and the bad times already, staying strong and looking for a better exchange. Well, we’ve got everyone covered with the best exchanges whatever your experience might be.

Reward amounts will be determined based on the type and relevance of the information provided. Contact KuCoin customer support with your questions at any time. The Bitfinex mobile app adapts the full functionality of the Bitfinex platform for seamless ‘on-the-go’ trading. UNUS SED LEO provides utility for those seeking to maximize the output and capabilities of the Bitfinex trading platform. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

Furthermore, this crypto exchange has an impressive bot feature where you can set up crypto trading bot to execute orders for you. The parameters will determine how well the robot works, and the software will calculate estimated profits before starting. Cryptocurrency mining involves solving complex mathematical equations with the goal of earning some cryptocurrencies. These equations validate blocks of transactions, and each block is added to the blockchain. The first computer to solve the complex equation or algorithm gets rewarded with some cryptocurrencies. The most common way to acquire crypto today is by buying it on a crypto exchange such as eToro or CoinJar.

KuCoin provides one of the largest selection of tokens through its platform and currently supports over 600 on spot markets. In addition, there are over 2000 pairs to trade on futures/derivatives markets. Kraken is an established crypto exchange, is really safe, has a wide range of coins and the customer service is excellent. Plus it’s one of the cheapest exchanges around and has advanced trading features for the pros.