Do not forget that cryptocurrencies are unregulated, extremely volatile financial products without UK or EU investor protection. All of the money you invested in them could be lost.
Additionally, we’ve included a column to each comparison tile that indicates if a cryptocurrency exchange is accredited by the Financial Conduct Authority, the UK’s financial regulator (FCA).
A list of some of the Safest Crypto Exchange UK has been assembled by us. You can purchase Bitcoin, Ethereum, Tether, USD Coin, Dogecoin, Shiba Inu Coin, and other cryptocurrencies in the UK using these mobile apps, websites, and trading platforms.
eToro
The social trading platform and multi-asset investing firm eToro is based in Israel and specializes in offering financial and copy trading services. The corporation has registered offices in Cyprus, the United Kingdom, the United States, and Australia in addition to its headquarters in Central Israel.Safest Crypto Exchange UK
Following that, you can either wait a few days for a bank transfer to complete or instantly deposit money using a UK debit/credit card or e-wallet. In either case, you can purchase and trade more than 70 cryptocurrencies after making a deposit. As a result, you can instantly buy a variety of digital currencies, including Bitcoin, Ethereum, Cardano, and Fantom.
Shiba Inu, metaverse coins, and popular meme coins like Dogecoin are also available for purchase on eToro. Deposits in GBP are very inexpensive; eToro charges just 0.5%. We also appreciate that you can use $10 to purchase any of eToro’s supported coins.
One of the top cryptocurrency exchanges in the UK for passive investing instruments is eToro. For instance, you can access a diverse portfolio of digital assets through a professionally managed Smart Portfolio. As an alternative, you might think about using the Copy Trading tool if you wish to actively trade cryptocurrencies. As the name implies, this enables you to replicate a seasoned trader with considerable background in the world of virtual currencies.
The newest cryptocurrencies are constantly being added to the eToro portfolio, allowing you to buy ApeCoin in the UK with minimal fees right from your mobile device. Also recognized as one of the top day trading sites in the UK is eToro.
Cryptos | Pricing | Bitcoin Trading Fee | Minimum Deposit |
70+ | Tight spreads | 0.75% | $10 |
Coinbase
Coinbase is a cryptocurrency exchange that enables you to buy, sell, earn, and keep track of a variety of digital currencies in one location. Over 500 cryptocurrencies and other digital assets are available through Coinbase, including well-known ones like Bitcoin, Ethereum, USD Coin, Tether, Dogecoin, and Cardano. By setting up regular purchases on a daily, weekly, or monthly basis, you can invest in cryptocurrencies gradually over time. Through the web app or the iOS and Android mobile apps, you can also keep track of your trades and keep tabs on market activity. You may trade more than 500 assets on DEXes, collect interest, and store all of your cryptocurrencies and NFTs in one location with the Coinbase Wallet.
When trading cryptocurrencies on Coinbase, there are a variety of costs associated. Fees are calculated at the moment of order placement and may be based on a number of variables, such as the chosen payment method, the order size, and market circumstances including volatility and liquidity.
Cryptos | Pricing | Bitcoin Trading Fee | Minimum Deposit |
70+ | Tight spreads | 0.75% | $10 |
OKX
Following its redesign in early 2022, OKX (formerly OKEx) shot to the top of the list of cryptocurrency exchanges in the UK. Any investor, regardless of level of experience, can benefit from using OKX because of its educational resources and selection of advanced trading capabilities.
As a leading exchange should, OKX goes above and beyond to protect its users’ money. In addition to keeping 95% of customer cash offline in cold storage, OKX goes above and above in terms of security by keeping the remaining portion of its assets in semi-offline wallets. Given that OKX is one of the few exchanges that has not yet experienced a hack, it appears that this security-focused strategy is effective.
Anyone who decides to invest with OKX has the option of using their cryptocurrency as security for a fiat loan. For investors in the UK, this is a huge benefit as it enables consumers to temporarily utilize their cryptocurrency for purchases without worrying about capital gains taxes.
An outstanding exchange is OKX. There are several features on the site that are intended to make trading simpler and more effective, in addition to educational materials and loans secured by cryptocurrency. All of these elements work together to make OKX one of the top cryptocurrency exchanges in the UK.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
140 | 0.1% Taker 0.08% Maker | 0.1% | $10 |
Uphold
With more than 115 cryptocurrencies available for trade, Uphold is a multi-asset brokerage platform and cryptocurrency exchange established in the UK. From well-known cryptocurrencies like Bitcoin and Ethereum to memecoins, DeFi coins, and stablecoins, everything is available. It’s difficult to find a better variety, especially if you want to trade emerging cryptocurrencies that aren’t yet available on other exchanges.
For cryptocurrency trades, Uphold does not charge a commission, but it does charge a variable spread. The spread varies every cryptocurrency and is subject to market conditions, however for well-known cryptocurrencies, it often ranges between 0.8% and 1.2%. When you evaluate an order and choose whether to do a trade or not, you can examine the current spread for any digital currency.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
115 | 0.1% Taker 0.08% Maker | Spreads | $10 |
CoinJar
An app and exchange for cryptocurrencies called oinJar is situated in the UK and Australia. You may trade or invest in more than 50 cryptocurrencies with Coinjar, including well-known ones like Bitcoin, Ethereum, XRP, and USD Coin. Through the CoinJar app and wallet, customers may purchase, trade, keep, or spend cryptocurrency. You may use your cryptocurrency to make purchases both online and offline with the CoinJar Card. There are no monthly fees for using the card, and activation is free. Every time you use your card to make a purchase, you also earn CoinJar Rewards. Both novice and experienced investors can benefit from CoinJar.
To open an account with CoinJar, a £10 deposit is required. Since deposits are done in GBP, there are no FX fees. On the CoinJar website and mobile app, there is a 1% trading fee. The CoinJar Exchange charges 0.00% for taker orders and 0.04–0.1% for maker orders (for market orders and aggressive limit orders) (limit orders).
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
50 | 0.00% for taker orders and 0.04–0.1% | 1% trading fee | £10 |
Margex
You can trade Bitcoin on the cryptocurrency exchange Margex with up to 100x leverage. Margex is exempt from the UK’s restriction on cryptocurrency derivatives because it functions similarly to other forms of margin trading.
You can select your leverage and clearly see the price level at which your trade will be liquidated when you open a margin trade with Margex. Additionally, by being able to identify your maximum risk, you may trade more wisely.
A cutting-edge cryptocurrency trading platform with a ton of technical Bitcoin trading tools is available from Margex. A huge selection of technical indicators, charts and drawing tools that are customisable, price alerts, limit and stop loss orders, and much more are available. To help you keep ahead of the market, Margex also shows the Bitcoin order book and recent trades.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
8 | – | 0.019% | £10 |
Binance
Binance is the next entry on our list of the top cryptocurrency exchanges in the UK. This platform won’t be suitable for all UK investors because it can no longer directly accept GBP deposits and withdrawals via a bank transfer since the FCA started looking into the exchange. Additionally, even if you can still purchase cryptocurrency in the UK with a debit card, you will have to pay a high fee to a third party.
In contrast, Binance is the most well-known exchange in the world, far outpacing its rivals in terms of markets, trading volume, and registered account users. In actuality, the platform is today utilized by more than 100 million users worldwide. You can trade more than 1,000+ digital assets after funding your Binance account.
This well-known Bitcoin exchange also provides crypto savings accounts, which is a key feature. You just need to deposit some tokens to start earning interest. The main problem with Binance, especially in the UK, is that many are concerned about how long the platform can function without the proper regulatory framework.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
500+ | P2P transaction costs for makers and takers | 0% taker charge and a maker fee of 0.35% | Any Amount |
Crypto.com
Consider Crypto.com as another of the top cryptocurrency exchanges in the UK. Over 10 million people worldwide now utilize Crypto.com, which debuted on the market this past year. With a functional mobile app and a web-based exchange, the platform accommodates both novice and experienced traders. The exchange at Crypto.com charges a maker/taker fee of 0.4%, which can be lessened if you choose to pay in CRO instead.
The Crypto.com app has a very clean layout with tabs for each of the main parts running along the bottom. With the available 34.6% APY, users can keep track of particular assets and even stake CRO.
An important feature of Crypto.com is that it eliminates the requirement for deposits by allowing customers to purchase cryptocurrency through the app using a credit or debit card. The first 30 days of using this service are completely free; however, there is a 2.99% fee after that.
A free cryptocurrency wallet app that is non-custodial and supports more than 100 different coins is also available from Crypto.com in addition to the trading app. The wallet app even enables users to send cryptocurrency at a variety of speeds to other wallets on Crypto.com, giving them the opportunity to save network costs. The dedicated “University” area on Crypto.com even includes a number of beginner-friendly educational pieces.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
250 | Maker-taker charges | From 0.4% | £20 |
BitDD
Digital assets like BTC, ETH, and USDT can be purchased and sold using advanced currency and derivatives transaction services from BitDD, a licensed cryptocurrency exchange. The platform is one of the fastest-growing cryptocurrency exchanges of 2022 due to its emphasis on certification and license. The US Treasury Department has granted the platform a Money Service Business—Money Service Provider (MSB) financial license.
Over 500,000 users worldwide are being served by BitDD. But the goal is to accelerate the process and increase the number to 2M by 2023. This is accomplished through several distinctive features, functionality, and reward programs, some of which are covered below.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
– | – | Free trading for 90 days | £10 |
Huobi
Huobi, which is similar to Binance in that it focuses on passive income, is one of the top cryptocurrency exchanges in the UK. You will deposit money into its crypto savings accounts, which are used to make loans possible. You will receive an alluring interest rate in exchange. For instance, many supported tokens provide APYs of greater than 100%.
Having said that, Huobi provides much more than just a cryptocurrency savings account. Contrarily, the cryptocurrency exchange is the location of hundreds of markets. This includes a wide range of digital assets, including DeFi currencies, large-cap projects, and ERC-20 tokens. Huobi will charge you 0.20% in fees for each end of your transaction.
This is aggressively low; if you boost your 30-day trading volume or keep the Huobi Token, your commission will be further lowered. The fact that Huobi does not expressly indicate the fees associated with using a Visa or Mastercard to purchase cryptocurrency in the UK is possibly the platform’s biggest flaw. Additionally, the Faster Payments button is now disabled, indicating that GBP bank transfers are not currently supported.
Cryptos | Arrangement of Prices | Fee for Bitcoin Trading | Lowest Deposit |
400 | – | Base Fee of 0.2% | £100 |
After reading this comprehensive guide from beginning to end, you now understand how to pick the best cryptocurrency exchange for your trading objectives. To sum up, the important criteria to pay attention to are rules, charges, payments, user-friendliness, and more. In the end, we discovered that eToro is the UK’s top cryptocurrency exchange.