Crypto exchanges in the UK have flourished, providing various services to buy, sell, and trade cryptocurrencies. These UK based crypto exchange offer secure and easy ways to participate in the crypto market. Therefore, it is essential to choose from the best crypto exchanges in UK for smooth transactions and a good user experience. By doing so, it guarantees safety and reliability in every transaction.
Key Takeaways
- Browse the list of top crypto exchanges UK.
- Get user-friendly and secure trading platforms.
- Guarantee conformity to the regulations and advanced exchanges.
- Compare the trading experience, trading fees, and the available tools.
- Choose the best customer support from various crypto trading platforms.
List of Best Cryptocurrency Exchange UK 2024
| TOP CRYPTO EXCHANGES IN UK | BEST FOR |
|---|---|
| MEXC | Future Trading |
| Binance | Largest Crypto Trading Platform |
| Crypto.com | Fastest Growing Crypto Exchange |
| Kraken | Safest and Secure Crypto Exchange |
| Bitstamp | Centralized Crypto Exchange |
| CoinJar | Best for Simple Crypto Transactions |
| OKX | Low Trading Fees |
| HTX | Best UK Crypto Exchange For Beginners |
| Uphold | Best UK Crypto Platform For Altcoins |
| Coinbase | Easiest Crypto Exchange Platform |
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Best Crypto Exchange UK 2024
1. MEXC
You will find a robust trading platform on MEXC’s user-friendly interface that supports margin, futures, and spot trading. In-depth market charts and real-time data are available for traders to make informed trading decisions. Powerful tools on MEXC help advanced traders in automated trades and perform technical analysis by applying MACD, moving averages, and relative strength index. Founded in 2018, MEXC enhances trading experience with its copy trading feature, mobile app for on-the-go trading, and customizable trading interface.
Why We Chose It
We chose MEXC due to its global accessibility and competitive funding rates for crypto trading. The trading platform charges 0% and 0.1% as the maker and taker fees for futures and spot markets.
Key Features
- Free crypto deposits allowed via multiple deposit methods, including credit and debit cards, and bank transfers
- Features multiple accounts for various trading needs
- Copy trading feature allows traders to replicate trades of successful users automatically
- Uses an insurance fund to protect clients interest during liquidation processes
Pros-Cons
| Pros | Cons |
| Over 1500 cryptocurrencies are supported | Not many crypto assets are supported on Quick Buy |
| Deposit funds using multiple banking methods | Withdrawals can be processed in only crypto |
| Top-notch security measures including 2FA and cold storage | |
| Exceptional liquidity available for futures |
2. Binance
Binance, launched in 2017, has become one of the best crypto exchanges in the UK, with over 400 cryptocurrencies to trade. Binance is famous for its high trading volume; it processed over $22 billion in a single day. The platform has low fees, advanced security features, and a user-friendly interface, making it popular among traders. If you are looking for a detailed Binance review, you’ll find that it consistently receives high marks for its comprehensive features and reliability.
Why We Chose It?
Binance is the best crypto trading platform in UK because of its high liquidity, excellent customer support, and all-around educational resources. Its regulatory compliance and its commitment to innovation make the trading experience for UK users, reliable and cutting-edge.
Key Features
- It comprises a robust API for automated trading.
- The platform enables various order types for diverse trading strategies.
- Binance offers an OTC trading service for big-volume trades.
- It offers access to a wide range of market data and analytics.
- Users can enjoy frequent platform updates and new features.
| Pros | Cons |
| Binance facilitates staking and lending, hence users can earn passive income | The platform can be difficult for beginners because of its sophisticated features |
| The platform has many supported payment methods | Binance has a few choices for fiat currency deposits and withdrawals |
| Buyers get the Binance Launchpad to enter the new token sales | Some users might consider the verification process to be a time-consuming task |
| Binance often holds trading competitions with high rewards | Global access to the platform can differ because of regional regulations |
3. Crypto.com
Crypto.com, established in 2016, is famous for its support of more than 350+ cryptocurrencies. The platform is equipped with a wide range of features, such as low trading fees, robust security measures, and a user-friendly interface, making it the popular choice for novice and experienced traders. For a thorough insight, you can visit the Crypto.com review page.
Why We Chose It?
The reason we chose Crypto.com is its DeFi wallet, which offers a unique level of control and security for crypto assets, making it stand out in the market. It offers the Org Chain that helps to ease the transfer of information between the different parties by using blockchain technology.
Key Features
- Users can buy tokens at cheaper prices through the Syndicate platform.
- Cuts the margin needs and boosts the liquidity of the traders.
- Enables users to transfer and stake DeFi coins with CRO-powered incentives.
- The project enables the scalable EVM-compatible chain to be used to develop the DeFi infrastructure.
- Periodical contests with big prizes for traders
| Pros | Cons |
| Wide range of cryptocurrencies and trading pairs are available for choice | The platform’s numerous features may seem complicated for beginners |
| DeFi wallet is a new-age innovative wallet that allows for the safe and decentralized management of assets | The limited choices for fiat currency deposit and withdrawal |
| Trading fees are competitive, with special discounts for CRO staking | Customer support is usually slow during the peak periods of high traffic |
| Provides modern trading features, including Smart Cross Margin and Cronos integration | Regional restrictions limit access to some features that are not available in other regions |
4. Kraken
Kraken, a company founded in 2011, is now a well-known exchange for cryptocurrencies and advanced security measures. It is known for its low fees and user-friendly interface, which is perfect for beginners and experienced traders. Kraken offers advanced trading features to traders.
Why We Chose It?
We chose Kraken as it is a well-regulated and liquid exchange, meaning that trading is safe and fast. The platform provides a full range of educational materials that assist users in making the right choices. Besides, Kraken’s customer service is always at hand and the staking rewards are quite good. It is the best choice for UK traders. For a comprehensive Kraken review, you’ll find it is the best choice for UK traders.
Key Features
- It uses cold storage and two-factor authentication for the highest level of security.
- The platform is compatible with more than 247 cryptocurrencies for trading.
- Gives up to 5 times leverage to trade.
- It can stake several cryptocurrencies and give the stakers competitive rewards.
- It allows trading using several fiat currencies, like GBP.
| Pros | Cons |
| The platform is equipped with the most recent charting tools and market data, making it helpful for technical analysis | The high trade volumes sometimes make the transaction processing to be slower |
| It is a mobile app that enables you to trade even on the go | The chances of credit card deposits are scarce |
| Offers an API that is easy to use for automatic trading | Some people may find the learning curve of the platform too steep |
| It will be a help in futures and spot trading with high liquidity | Some of the advanced characteristics might not be available in all areas |
5. Bitstamp
Bitstamp, founded in 2011, is a trustworthy and best crypto exchanges in the UK, having more than 4 million clients all over the world. The offices of Bitstamp are located in Luxembourg, Singapore, Slovenia, the UK, and the USA, making it a platform for trading a wide variety of cryptocurrencies with the help of advanced security measures and competitive fees. For an in-depth Bitstamp review, you’ll find it excels in reliability and user satisfaction.
Why We Chose It?
We opted for Bitstamp because it is a regulated company that has been in the cryptocurrency market for a long time. The platform is key to high liquidity and is best for big-volume trades. Also, Bitstamp’s user-friendly interface and wide range of customer support facilities make it appealing to both beginners and experts.
Key Features
- Provides a set of tools for technical analysis and market trends.
- Enables the smooth transference of the cryptocurrencies to different fiat currencies.
- Gives you an efficient mobile app for trading on the go.
- There are efficient customer care representatives who can help the users.
- Enables the automated trading and the connection to other services.
| Pros | Cons |
| Shows the beginners how to trade by offering educational materials and tutorials | Limited choices for instant deposits and withdrawals |
| Regularly performs security audits to ensure that the platform is safe | The verification process is time-consuming |
| It has a loyalty program that is advantageous for regular traders | The regional restrictions can be a reason for the unavailability of some functions |
| The platform has a separate section for institutional investors |
6. CoinJar
CoinJar, founded in 2013, is one of the oldest and most reliable cryptocurrency exchanges in the world. CoinJar is one of the top crypto platforms in UK that has more than 600,000 investors and allows them to buy, sell, store, and spend billions of dollars in Bitcoin, Ethereum, and other cryptocurrencies. The platform is registered and compliant with AUSTRAC and the UK’s Financial Conduct Authority. For a detailed CoinJar review, you’ll find it consistently praised for its security and user-friendly interface.
Why We Chose It?
We chose CoinJar because of its good reputation, strict regulatory compliance, and its popularity for being the best bitcoin exchange in UK. The platform is supported by the best global investors, and its wide range of cryptos makes it a good choice for traders.
Key Features
- Offers trading for more than 50 top cryptocurrencies, among which are Bitcoin and Ethereum.
- The transactions are made fast with low fees.
- Provides a secure digital wallet for the storage of cryptocurrencies.
- Enables trading and wallet management from any place and time with a mobile application.
| Pros | Cons |
| There has been no downtime since its inception, and the service is always on | It is not as advanced as the other platforms in terms of trading tools |
| The platform offers lower fees and other benefits to regular users | Some features will be found only in some regions and not all |
| It transparently mentions all the charges involved in trading and transactions | There are fewer fiat currency deposits and withdrawal choices than some competitors |
| The platform is regularly updated with new features to improve the user experience | The customer support response times can vary, especially during peak hours |
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7. OKX
OKX, established in 2017, is a famous cryptocurrency exchange with high liquidity, advanced trading features, and reliable security measures. OKX, serving millions of people from all over the world, offers a variety of cryptocurrencies and is designed for all traders. Head over to the OKX review page for a more detailed analysis.
Why We Chose It?
OKX is different from the others because it offers many trading options and strong security, which ensures the safety of users’ assets. Also, OKX provides the best crypto app in UK. The platform’s user-friendly interface makes even newbie traders easily navigate the system. In addition, OKX provides many learning materials that help users make good trading decisions and stay aware of market trends.
Key Features
- It provides futures, margin, and spot trading with high liquidity.
- It is a multiple-layered security system that includes cold storage and two-factor authentication.
- Mobile app for trading on the go.
- Gives in-depth instructions and tutorials to help users navigate the crypto market.
| Pros | Cons |
| Caters to a broad spectrum of digital assets | The advanced characteristics may be too much for the beginners |
| It is a source of low trading fees and discounts for high-volume traders | Some services may not be available in all areas |
| It has customer service that is available 24/7 with multiple support channels | The number of options for fiat currency deposits and withdrawals is limited compared to some competitors |
| The platform is continuously refreshed with new trading instruments and functions |
8. HTX
HTX, founded in 2013, has become the most prominent cryptocurrency exchange known for its strong security and wide selection of digital assets. HTX, catering to millions of users worldwide, offers a flawless trading experience with its easy-to-use platform and the latest trading features. The exchange complies with international regulatory standards, guaranteeing a secure environment for all traders. If you want to know more about the platform, you can read our HTX review page.
Why We Chose It?
HTX is chosen due to its high level of security and the large number of supported cryptocurrencies. The platform offers the most advanced trading tools and is suitable for beginners and experts. Moreover, HTX’s commitment to regulatory compliance and constant innovation make it a reliable platform for cryptocurrency trading.
Key Features
- It assures you of fast and smooth trading with almost no slippage.
- Users can customize the platform to fit their trading preferences and strategies.
- Gives different order types like limit, market, and stop-loss orders.
- Funds for automated trading and the chance to link with other services.
- It provides comprehensive market data and analytical tools for the right trading decisions.
| Pros | Cons |
| It offers a lot of materials and tutorials to assist users in learning about cryptocurrency trading | The advanced trading features might be too difficult for new users to use. |
| These services are available to people from all over the world, with the assistance of localized support | The extensive validation process may lead to the account setup being postponed |
| It serves diverse trading pairs and types, such as futures and margin trading | Several of the competitors have more fiat currency transaction options than this |
| The fee structure aligns with the market prices, and there are discounts for high-volume traders | Some facilities and services may not be accessible in all areas |
9. Uphold
Uphold, established in 2015, is a multi-purpose cryptocurrency exchange that provides various financial services. Uphold, a global platform serving millions of users, enables trading various asset classes such as cryptocurrencies, precious metals, and fiat currencies. Being famous for its easy-to-use interface and clear fee structure, Uphold guarantees a smooth trading experience. Take a look at Uphold’s review page to better grasp the concept.
Why We Chose It?
We opted for Uphold because it has the feature to support the trading of different asset classes, and hence, it can offer users the flexibility they need in their investments. The platform’s apprehension to the rules and openness to the public guarantees the trust and protection of the users. Besides, Uphold’s ever-growing innovations and educational resources make it the best choice for a large group of traders.
Key Features
- The platform allows users to trade between different asset types without any hassle.
- Provides functions such as automated trading and the ability to set up recurring buy options.
- All over the world, it is available in multiple countries and supports various currencies.
- Gives the full background of the transactions and the tools for tax reporting.
- Users can create price alerts and notifications of market fluctuations.
| Pros | Cons |
| Facilitates the different payment methods, like bank transfers and credit cards | Some regions have limitations on the features and services |
| The company values sustainability and includes carbon offset programs in its operations | The response times may differ, for instance, during the peak times |
| Gives traders a smooth trading experience on mobile devices | The fee structure is often difficult for new users to grasp |
| The organization consistently makes financial audits and reports |
10. Coinbase
Coinbase, created in 2012, is a well-known cryptocurrency exchange with a safe and user-friendly platform for buying, selling, and storing digital assets. Coinbase, the leading online cryptocurrency exchange, has already served millions of users around the world, which is why it supports a wide range of cryptocurrencies and provides strong security measures, making it the trusted choice for every trader. Explore the Coinbase review page to gain better insight.
Why We Chose It?
Coinbase was picked because it provides the best crypto wallet in the UK and its wide coverage in the insurance field, which is an additional guarantee for the users’ digital assets. The platform’s easy connection with numerous payment methods and a strong focus on regulatory compliance make it a safe and reliable choice. Besides, the fact that Coinbase is always on the frontline, educating users about cryptocurrency trading and its transparent fee structure adds to the company’s popularity.
Key Features
- Assists in trading a wide range of cryptocurrencies, such as Bitcoin, Ethereum, and so on.
- Provides the insurance of the digital assets on the platform, securing it against breaches.
- Presents numerous manuals and tutorials to assist users in the crypto market.
- It has a well-received mobile app for trading and managing assets while on the move.
- It follows strict regulatory standards, which are important to guarantee the users’ safety and the platform’s integrity.
| Pros | Cons |
| Makes trading fast and smooth with the least possible slippage | Trading fees can be much higher than some other exchanges |
| The trade process is made easier for all types of users | Response times can be delayed during peak times |
| It enables consumers to make automatic purchases of digital coins | Some features and services may not be provided in all regions |
| Industry-leading security measures like biometric logins are used in this implementation |
Comparing UK’s Best Crypto Exchange
| Crypto Exchanges | Available Coins | Fees (Maker & Taker) | Minimum Deposit |
|---|---|---|---|
 |
2600+ | 0% & 0.02% | 0 |
 |
400+ | 0.3800% & 0.5700% | $10 |
 |
350+ | 0.0% to 0.75% & 0.05% to 0.075% | $5 |
 |
240+ | 0.25% & 0.40% | 0 |
 |
90+ | 0.30% & 0.40% | 0 |
 |
60+ | 0.10% & 0.10% | No minimum deposit |
 |
300+ | 0.080% & 0.100% | 0 |
 |
700+ | 0.2% | 100 USDT |
 |
250+ | 0% | $10 |
 |
250+ | 0.05% to 0.60% &
0.00% to 0.40% |
$50 |
Disclaimer:The fee structure may vary based on trading volume. Rates are subject to change and can fluctuate according to market conditions.
Cryptocurrency Law and Regulations in UK
The UK has a complete regulatory system for cryptocurrency trading. The Financial Conduct Authority FCA is in charge of crypto-related activities. It demands that exchanges be registered and follow AML and CTF regulations. Crypto assets are also taxable under the capital gains tax. The regulatory framework is designed to maintain market integrity and consumer protection.
Our Methodology for Best UK Crypto Exchange
We review cryptocurrency exchanges based on a wide range of criteria that allow us to provide a complete and objective evaluation, concentrating on the user experience and the technical features.
- Basic And Advanced Trading Features
- Fee structure
- Safety and Security Measures
- User Feedback
- Customer Support Services
- Ease of Deposit And Withdrawal
- Platform Availability
Learn more about our approach to reviewing crypto exchanges. Explore our methodology!
Conclusion
The UK has emerged as a major crypto trading hub, boasting a wide range of secure and reputable crypto trading exchanges. Each platform offers unique features and caters to different user needs. To find the best crypto platform UK for your individual requirements, it’s crucial to understand the UK’s legal landscape for crypto trading.
Additionally, consider factors like trading fees, user experience, and the availability of trading tools to make an informed decision. By carefully evaluating these aspects, you can confidently choose a UK crypto exchange that aligns perfectly with your trading goals.
FAQs
Is it illegal to buy crypto?
No, buying crypto in UK is legal. However, the exchanges must be registered with the Financial Conduct Authority (FCA) and comply with the rules.
Is it safe to invest in cryptocurrency?
Crypto assets are a highly volatile unregulated investment product with no UK or EU investor protection. Capital gains tax may apply to profits from cryptocurrency sales.
With so many options, what’s the best crypto platform for UK traders?[
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When considering any crypto trading platform one should align their needs with the platform’s services and on this basis they can consider any crypto platform.
How can I trade crypto in the UK?
To trade crypto in the UK, you’ll need to sign up with a best crypto trading platform uk (you may choose from above list). Once you choose a platform, complete the KYC verification process to confirm your identity. Then, fund your account and you’re ready to start buying and selling cryptocurrencies.
Do crypto traders pay tax?
Crypto traders in UK have to pay taxes on their profits. The profits from trading are subject to the capital gains tax and will be reported to HMRC.