However, trading altcoins is never risk-free as these coins have low liquidity and market cap which means they’re even more susceptible to “pump and dump” schemes. However, for those who prefer a UK-based Bitcoin exchange, is another reliable platform that lets you pay in GBP and make deposits via Visa or Mastercard credit and debit cards. The fact that this company is located in the UK also guarantees high responsiveness and faster trade execution.

Best Crypto Exchange UK in 2023

We list Huobi as the best for Bitcoin trading since it hosts over 20,000 BTC security funds. Plus, it has a cold wallet to secure your assets and let you focus on strategy. CoinJar provides a straightforward and intuitive trading experience, making it an excellent choice for beginners. Also, the platform works with a variety of cryptocurrencies and offers various trading options. Furthermore, CoinJar is also easily deemed as one of the best crypto exchanges in the UK.

The popularity of Bitcoin among crypto enthusiasts has led to the flux of many Bitcoin exchanges in the industry. Complete the KYC (know-your-customer) process by having your identity verified after you’ve opened an account on the eToro platform. You can verify your identification by sharing a copy of your passport or driver’s license.

You can set up your two-factor authentication for added security to your account. Binance has an elegant user interface, competitive fees, and a variety of charts. It’s low spot crypto trading fees make it one of the best in the market to trade bitcoin and other cryptos. Trading Binance’s token BNB and Bitcoin gives you the best crypto exchange value as it offers specialized BNB and Bitcoin exchange services.

By now, there are thousands of Bitcoin exchanges on the market that offer various trading options. However, this accessibility and convenience make it harder for traders to pick the right one. In this case, we advise traders to opt for a simple and clutter-free platform instead of investing in altcoin support with advanced tools and features. It is better to focus on a platform that facilitates quick and cheap Bitcoin transactions. However, Binance is more suited for advanced users and is not recommended for beginners as the user interface may require a little getting used to. But once you’ve gotten the hang of it, this can be a great exchange to trade a wide range of cryptocurrencies.

Best Crypto Exchange UK in 2023

It has gained recognition for its dedication to trust, safety, and transparent financial operations, all of which align with the Financial Conduct Authority’s guidelines. Remarkably, Gemini was among the first exchanges to register with the FCA in August 2020, underscoring its commitment to compliance and security. For newcomers, in particular, the world of cryptocurrency trading can seem intimidating. However, you can confidently move through this environment by selecting the best crypto exchange in the UK and comprehending the various features and options available. is a leading choice for traders looking to invest in low-market-cap altcoins.

  • If you have some crypto experience already, TradeStation might be a better option, as long as you don’t mind being limited to just 11 tradable coins.
  • 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.
  • You also need to take note of the markup over the spot price which the currency exchange charge as this could end up with you losing a lot of money if you’re not careful.
  • Finally, don’t assume that an exchange is available in the UK just because its website is accessible.

For instance, while you can easily swap tokens, you might not have access to analytics. This means that you’ll need to perform research and analysis on another platform, which isn’t convenient. You’ll also need to assess what crypto markets are supported when choosing an exchange. From our research, the best no KYC exchanges are decentralized – meaning that they typically support thousands of tokens. However, the specific tokens supported will depend on which networks the exchange is compatible with. When creating a shortlist of the best no KYC crypto exchanges, we initially focused on safety.

Best Crypto Exchange UK in 2023

The exchange hosts more than 500 crypto assets and a high daily trading volume making it a considerable choice. The best thing about eToro is that it is regulated by the Financial Conduct Authority (FCA). This gives you an excellent experience while guaranteeing the safety of your investment funds.

Then, if you sold your Bitcoin when it was worth £3,000, your 1.49% commission would amount to £44.70. Kraken is also a good options for Bitcoin trading, with good prices and a good reputation. The one major downside to Gemini is that its commissions are a bit steep, between £0.50 and £2.49 for trades under £160 and 1.49% over £160. I like to use Gemini for larger purchases since the flat pricing structure on small trades makes it not worth it. Perhaps most importantly, eToro has all the coins you probably want to trade, from the big boys like BTC and ETH to up-and-comers like ADA and SOL. Some exchanges, such as Coinbase, eToro, and Revolut, are registered with the Financial Conduct Authority (FCA) and are legal in the UK.

Netguru is a development and design agency that specializes in cryptocurrency exchange development. They offer comprehensive exchange development services that emphasize top-tier Crypto Exchange UK security and performance. What sets Netguru apart is their ability to deliver solutions that are not only secure but also highly performant, ensuring a robust exchange platform.

In reality, the platform supports more than 230 cryptocurrencies, allowing users to diversify their portfolios extensively. Traders have often voted it to be one of the best crypto exchanges in the UK. Firstly, it supports spot market trading, margin trading, futures products, leveraged tokens, and peer-to-peer exchange.

For this reason, this manoeuvre is unfitted for novice players, because as much as experienced traders incur losses. Regulated sites frequently undergo audits, which eliminates fake trading volume. Besides, only reliable and thoroughly tested coin developers can partake in listing. Additionally, users must pass KYC and AML identity verification, that makes it infeasible to register several accounts or enter false data.

As P2P transfers are going more public, many of the best exchanges allow to directly buy and sell cryptocurrency. However, it is not available on Coinbase, Kraken, Bitfinex, Bitstamp, Deribit, BTCEX, BingX, Cryptology. Please keep in mind that UK customers are not allowed to go short on cryptocurrencies using eToro.