11 Best Cryptocurrency Exchanges in the UK

Posted: Aug 8th, 2020Updated: Dec 5th, 2021
best crypto exchange uk
We have reviewed 100+ exchanges and ranked the best cryptocurrency exchanges in the United Kingdom (UK) to buy Bitcoin and other coins. Our assessment is based on important user factors such as ease of use, local deposit methods, trading fees, security and customer support. 
This post contains affiliate links with our partners who may compensate us. Read our disclaimer for further information.

The Best Crypto Exchanges In The UK

Based on our reviews, here are the top Bitcoin & crypto exchanges for the UK:
  1. Binance (best for low fees)
  2. Coinbase (best for reputation)
  3. eToro (best for copy-trading)
  4. Gemini (best for security)
  5. Crypto.com (best for credit cards)
  6. Uphold (best for simplicity)
  7. CoinJar UK (best for mobile app)
  8. CEX.IO (best for beginners)
  9. StormGain (best for crypto trading)
  10. Luno (best for deposit methods)
  11. Coinfloor (best for DCA)

UK Crypto Exchange Comparisons

This comparison table provides an overview of the best crypto exchanges in the UK to buy, trade and sell Bitcoin and other digital currencies.
ExchangeCrypto AssetsTrading FeesRatingPromotionWebsiteReview
Binance Logo

Binance

300+0.1%
Overall 4.8/5StarStarStarStarEmpty Star
20% off trading feesVisit BinanceBinance Review
Coinbase Logo

Coinbase

200+0.5%
Overall 4.8/5StarStarStarStarEmpty Star
$5 BTC bonus (USA only)Visit CoinbaseCoinbase Review
eToro Logo

eToro

200+Spread only
Overall 4.5/5StarStarStarStarEmpty Star
None available at this timeVisit eToroeToro Review
gemini exchange

Gemini

26+0.5%
Overall 4.6/5StarStarStarStarEmpty Star
$10 BTC when buy/sell > $100Visit GeminiGemini Review
Crypto.com Logo

Crypto.com

100+0.2%
Overall 4.5/5StarStarStarStarEmpty Star
None available at this timeVisit Crypto.comCrypto.com Review
uphold logouphold logo

Uphold

58Spread only
Overall 4.5/5StarStarStarStarEmpty Star
None available at this timeVisit UpholdUphold Review
Coinjar

Coinjar

421%
Overall 4.3/5StarStarStarStarEmpty Star
None available at this timeVisit CoinjarCoinjar Review
cex.io logo

CEX.IO

84+0.25% / 0.16%
Overall 4.2/5StarStarStarStarEmpty Star
None available at this timeVisit CEX.IOCEX.IO Review
stormgain logostormgain logo

Stormgain

80.095% (BTC)
Overall 4.1/5StarStarStarStarEmpty Star
Up to 20% Bonus for depositsVisit StormgainStormgain Review
luno logoluno logo

Luno

50% - 0.1%
Overall 4.1/5StarStarStarStarEmpty Star
None available at this timeVisit LunoLuno Review
coinfloor logocoinfloor logo

Coinfloor

Bitcoin0.1% - 0.3%
Overall 4/5StarStarStarStarEmpty Star
None available at this timeVisit CoinfloorCoinfloor Review

Best UK Crypto Exchange: Reviews 2021

1. Coinbase

Coinbase is one of the largest and most trustworthy crypto platforms in the United States that has become a leading provider of digital assets in the world. The exchange was founded in 2012 and has built up a solid reputation for a reliable and secure place for cryptocurrencies. Since its launch, Coinbase has amassed more than 68 million customers globally with a quarterly trade volume of 462 Billion. Residents of the UK can buy Bitcoin using GBP or EUR using several payment methods.
Visit Coinbase
Citizens in the UK can buy Bitcoin using a credit/debit card or bank transfer. These payment methods are readily available and suited to first-time Bitcoin investors. The user-interface is beginner friendly and includes a Coinbase wallet to store your Bitcoins after purchase. 
coinbase websitecoinbase website
Coinbase offers an advanced and professional trading exchange called Coinbase Pro, which is ideal for beginners and intermediate cryptocurrency traders. Coinbase Pro allows individuals looking to trade a wide variety of digital currencies on a secure and insurance-backed platform. 
Overall, Coinbase is a good option to buy Bitcoin in the UK. There is even Coinbase Earn for beginners to learn about blockchain projects to earn cryptocurrency. However, it is important to know that Bitcoins which are stored in a Coinbase wallet are not under your custody. So once you have bought Bitcoin, we recommend that you immediately withdraw your funds to keep safe on a reputable hardware wallet.

2. eToro

eToro is a global financial brokerage that provides financial trading and investing platform for several markets including Crypto, ETFs, Stocks, Indices, Commodities and Forex. The broker is used by millions of investors and traders across multiple jurisdictions in the world including customers in the United Kingdom. 
Visit eToro
Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection.
etoro websiteetoro website
eToro is suited for beginners that want to invest in different cryptocurrencies using a powerful and user-friendly crypto trading platform. The platform supports 94 cryptocurrency pairs that can be traded against altcoins or fiat currencies or practice crypto trading using a virtual portfolio.
eToro is well-known for its social trading community where traders can join and connect with other traders to share ideas, strategies or mirror the trading performance of profitable traders. This means new investors and beginners can participate in the cryptocurrency market by following successful Bitcoin traders.
There is a filter system to discover an investor's portfolio to copy that fit's a certain criteria such as return on investment, risk tolerance and the number of copiers. To limit potential losses, there is the option to set a stop loss level.
etoro copytraderetoro copytrader

3. Gemini

Gemini is a New York-based firm and regulated cryptocurrency exchange that is available in the UK. Founded by the Winklevoss twins, the exchange has grown rapidly to become a popular choice for individuals, traders and institutions to buy, sell, and store Bitcoin and cryptocurrency. 
Visit Gemini
Gemini supports multiple fiat currencies including the GBP which can be deposited to the exchange using a debit card or transfer from a bank account via Faster Payments, CHAPS, or SWIFT wire. Other notable features include an advanced trading platform, custody service, secure wallet, mobile trading app and off-exchange crypto trades.
gemini websitegemini website
Gemini is often referred to as one of the safest cryptocurrency exchanges to buy and sell digital assets. This is attributed to the bank-like security measures and safety first mentality by the team. A number of protection mechanisms are employed to protect user's information and funds stored on the platform such as cold wallet storage, multi-signature withdrawal process, Two Factor Authentication, encryption, whitelisting addresses and brute force login protection.
A great feature using Gemini is the zero-deposit fees to transfer fiat currency or cryptocurrency assets to the exchange. Customers in the UK can deposit pounds without fees, however debit card purchases will incur a 3.49% fee on the total purchase amount.

4. Crypto.com

Crypto.com is a cryptocurrency company that offers several crypto products and services to over 1 million users across the globe across multiple countries including the USA, UK and Australia. Crypto.com makes it easy for everyone regardless of experience or financial status to buy, trade and sell cryptocurrencies in minutes using an advanced exchange.
Visit Crypto.com
Crypto.com Exchange offers a sleek, intuitive and clean platform for traders to speculate on the digital currency markets. The cryptocurrency trading platform provides advanced features, tools and indicators to analyze the charts and price action. The charting software and tools is provided by Tradingview, which most crypto traders will be familiar with.
crypto.com websitecrypto.com website
The other product is the Crypto.com app that is available to download for iOS and Android devices and is packed with excellent features and limited-time promotions such as:
  • Buy, trade and sell Bitcoin and 50+ altcoin pairs
  • Purchase Bitcoin using bank transfer, debit or credit card or other crypto assets
  • Low and competitive exchange trading fees
  • Zero credit card fees to purchase Bitcoin using the app
  • 0% trading fees for new users during the first 90 days
Investors that want to diversify their cryptocurrency investment can venture out to other popular digital currencies such as XRP, LTC, MCO, EOS, XLM, ATOM, LINK, XTZ, BCH, VET and USDT on the Crypto.com app. 
The platform uses a maker and taker fee model which offers extremely competitive rates to convert GBP into Bitcoin. The crypto trading fee is based on tiers that depends on a 30-Day trading volume and starts at 0.25% and gradually reduce based on volume.

5. Uphold

Uphold is a multi-asset and digital currency exchange that was founded in 2015 that has facilitated more than US$4+ billion in cryptocurrency transactions. In addition to offering the ability for users to trade fiat and digital currencies, Uphold is a popular choice of crypto exchange in the UK due to its support for US stocks and commodity trading.
Visit Uphold
The wide variety of tradable assets offered on Uphold is just the beginning of their “Anything to Anything” mantra. The digital platform also has a cryptocurrency debit card that allows its users have the ability to pay for purchases using the asset of their choice (crypto, fiat or commodities).
uphold websiteuphold website
Uphold has a visually appealing, convenient and easy-to-use platform to seamlessly invest or trade crypto. Customers can get started immediately with the app and begin to explore the variety of products offered using an intuitive app for iOS or desktop version. The process to deposit funds, buy, exchange, view portfolios, sell and withdraw cash is incredibly simple and suitable for all types of investors regardless of their age, knowledge and experience. 
A great feature with using Uphold is the 0% trading commissions, zero deposit fees using a bank transfer and no withdrawals fees to cash out. All shown prices for the supported assets are locked-in pre-trade which includes a spread. There are no hidden fees, the amount paid for is what will be received and is one of the best ways to buy crypto with no fees.

6. Binance

Binance is a stable and safe fiat-to-cryptocurrency trading platform that has expanded it features and services to provide a full offering of products that can be accessed through the Binance website of mobile app.
Visit Binance
New users to Binance exchange can create an account in a few minutes with its rapid Know-Your-Customer (KYC) processing. The platform also supports a wide variety of fiat currencies such as Pounds Sterling (GBP) and Euros (EUR) which can be quickly and easily converted into Bitcoin (BTC) and Ethereum (ETH). 
Binance websiteBinance website
Binance has been designed for investors and traders with the knowledge of charting and placing orders. Users will need to understand how to enter an order using the trade window. This might be a turn-off for complete beginners that are looking to instantly purchase Bitcoin with GBP.
The deposit methods available include SEPA and Faster Payment which is widely available but does incur a small deposit fee of 0.25 GBP and 0.48 EUR respectively. There is also a small withdrawal fee. Overall, Binance is one of the best places to buy Bitcoin in the UK due to its stability, reputation and competitive exchange fees. 

7. CoinJar UK

CoinJar UK is a FCA registered crypto exchange provides a simple way to to buy & sell digital currency using a desktop trading platform or mobile app. Established in 2013, the company started out as an Australian cryptocurrency exchange that has expanded its innovative crypto financial products and services to residents in the UK.
coinjar websitecoinjar website
CoinJar offers the UK market a solid range of digital products including a secure wallet, cryptocurrency debit card, advanced digital trading platform to exchange coins, mobile app and OTC for institutional investors. The mobile phone app is supported on native iOS and Android devices.
Trading fees are an important consideration when looking for an exchange in the UK to buy cryptocurrency. CoinJar offers a competitive trading fee in the market of 1% which is comparable to other Bitcoin exchanges, however, is on the higher side. There are also no fees to deposit GBP using a bank transfer (Faster Payment Service). There are no fees to withdraw GBP from a CoinJar wallet to a bank account.
In summary, the best features of CoinJar UK include:
  • Buy and sell digital currency on desktop and mobile devices
  • Competitive flat 1% fee to buy and sell cryptocurrency
  • Send and receive payments from external accounts and other CoinJar users
  • Advanced crypto trading platform with price alerts
  • Withdraw GBP to a bank account with no fees
  • Safe and secure wallet to store crypto coins
  • Monitor portfolio using the CoinJar app

8. CEX.IO

CEX.IO is a popular exchange to buy Bitcoin instantly using its website or mobile app which is available on iOS and Android. With its supporting multiple payment methods, including credit cards, debit cards, bank transfers, Skrill and more, CEX.IO is considered to be one of the best crypto exchanges in the world.
Visit CEX.IO
CEX.IO exchange prides itself on stability to provide trouble-free service backed by a reliable system and user account security, safe storage of funds, financial viability and profound legal compliance. It is a reputable and safe Bitcoin exchange with no hacked accounts or theft of funds since its launch in 2013.
cex.io websitecex.io website
CEX.IO is packed with features that include instant crypto purchases with a credit card, margin trading platform and staking coins such as Cardano to earn staking rewards and more such as:
  • Beginner-friendly user interface
  • Quick and easy to buy and sell Bitcoin
  • Supports credit/debit card and bank transfer payments, Skrill
  • Accepts fiat currencies like USD, GBP, EUR and RUB
  • High liquidity order-book with low spreads
  • Secure wallet using offline cold storage measures
  • Mobile app with the Instant Exchange and Instant Sell services. The later is unique to CEX.IO — it allows you to sell your coins and instantly withdraw your fiat profits to Visa or Mastercard
  • 24/7 customer support team

9. StormGain

StormGain brings a fresh, exciting and new trading experience. The exchange has taken the best of investment and cryptocurrency markets to offer an innovative platform to trade crypto futures contracts. 
Visit StormGain
The cryptocurrency trading and investing platform that is equipped with cutting-edge features and trading tools. It is an advanced trading to allow investors to buy Bitcoin using cryptocurrencies and stablecoins and capitalize on the volatile crypto markets leverage up to 200x. Investors that prefer to buy and hold can purchase crypto with fiat using VISA and Mastercard credit cards which can be stored within the StormGain wallet. 
stormgain websitestormgain website
StormGain is designed for the intermediate to advanced investor and traders. Existing Bitcoin traders that want to leverage a position using StormGain will have access to the following features on the platform:
  • Rapid sign up and registration
  • No KYC process to start trading crypto
  • Advanced trading platform and sleek user-interface
  • High leverage trading up to 200x
  • Stablecoin settlement in USDT
  • Cloudminer Tool to mine crypto from mobile app
  • Loyalty programs
  • Trading signals
  • Two-Factor Authentication
  • Practise crypto trading on a demo account
  • Mobile trading app for iOS and Android

10. Luno

Luno is a cryptocurrency exchange based in Singapore and available in over 60 countries worldwide including the UK. With over 6 million users globally and 17 billion USD in transactions, Luno is one of the largest exchanges that offers a quick way for individuals in the UK to invest in Bitcoin or altcoins such as Ethereum, XRP and Litecoin. 
Visit Luno
The trading experience has been designed for beginners and is one of the easiest ways to start trading crypto using GBP and a bank transfer. Luno also provides a trusted and secure online wallet for individuals to temporarily store their coins.
luno websiteluno website
Unlike other cryptocurrency trading platforms, Luno has been carefully designed with beginners in mind and introduce them to digital coins. The sign-up, verification and link to payment process takes only a few minutes to complete. Customers can purchase digital assets using a highly intuitive and elegant user-interface on the desktop or using the Luno mobile app. 
For UK residents using Luno, the trading fee is between 0% - 0.1% which is very competitive in comparison to leading cryptocurrency platforms. For example, the trading fee on Binance is a flat 0.1%. There is also zero fees to deposit and withdraw funds to a local bank.

11. Coinfloor

Coinfloor is one of the oldest digital currency exchanges in the UK that was established in 2013 and has become a premier place to buy Bitcoin. The Bitcoin exchange offers a GBP to Bitcoin service for individuals within the UK. One of it's most popular features is the Auto-buy Bitcoin tool that enables users to automatically deposit funds to place recurring orders.
Visit Coinfloor
New users to Coinfloor have the option to deposit 4 fiat currencies which include GBP, USD, EUR and PLN. Each of the traditional currencies can be deposited to Coinfloor using a bank transfer, wire transfer, SEPA or Faster Payments. However, the AutoBuy and AutoSell feature can only be used with GBP via bank transfers.
coinfloor websitecoinfloor website
Coinfloor are fully transparent with their Bitcoin holdings in secure custody and provide monthly Bitcoin Audit reports on the website. The reports can be used to validate the exchange is solvent and identify any misappropriation of clients' funds. Individuals can verify funds in cold storage by finding the account balance within the solvency report. 
A downside with using Coinfloor is the lack of liquidity and trading volume on its exchange. According to the Coinmarketcap, Coinfloor is the 89th largest cryptocurrency exchange platform considering its traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volume reported. In comparison to other exchanges available in the UK like CoinJar, CEX.IO and Bitstamp, the trading volume on Coinfloor is low with an average daily trade volume of $2 million.

How To Choose A Crypto Exchange

Finding a suitable UK cryptocurrency exchange can be tricky for beginners in the crypto-sphere. It's important to take into consideration the below factors before depositing funds.

Regulated in The UK

It is important to use a trusted platform that is regulated in the UK and complies with the strict laws and regulations that govern the digital currency industry. Cryptocurrency exchanges that are certified by the Financial Conduct Authority (FCA) are regarded as trustworthy and a safe place to buy digital currencies.

Beginner-friendly & easy to use

Look for an exchange supported in the UK that allows quick and easy GBP deposits and a mobile app to buy/sell Bitcoin at any time or place. A great example of a crypto exchange in the UK with a mobile app is Luno. There are zero-fees to deposit GBP using a bank transfer.

Deposit methods

Find a UK cryptocurrency exchange that offers a preferred deposit options such as bank transfers or credit/debit card purchases to buy Bitcoin. These are the most common payment methods to look for which has low fees and fast processing times. Each platform has varying minimum and maximum daily limits per 24 hours.

Supported cryptocurrencies

There are thousands of different cryptocurrency projects and coins to buy and sell. Not all exchanges will offer each coin for trading. If there is a particular digital currency that you want to buy, check the exchange website to confirm the coin is listed and an GBP trading pair is available (e.g. BTC/GBP).

Wallet security

Look for a crypto platform that offers security features such as cold wallet storage, multi-signature withdrawal process and two factor authentication. This measures will help to prevent the theft of funds and fraudulent activity.

Trading fees

There are several different fees to be aware of when using a crypto exchange such as to deposit GBP, withdraw cash or crypto and trade between assets. There is also a spread fee and forex conversion fee which is often a 'hidden cost' and not fully disclosed. 'It is recommended to check the difference between the buy and sell price on the exchange to determine the spread. 

Customer support

Explore the website to find out what communication methods are available to support users that need troubleshooting advice or assistance on the exchange. Most UK crypto exchanges will provide a Frequently Asked Questions (FAQ's) section and How-To-Guides which is useful for beginners. Otherwise, make sure the website has a ticket system to contact the customer support team directly or a live chat bot.

Online Reviews & Social Media

Search for online exchange reviews, forum comments and posts on social media is a great way to see what experience other investors and traders have had with the platform. Review websites generally aim to provide a quick, easy to read summary of the exchange before creating an account.

Best UK Crypto Exchanges By Category

Best Crypto Exchange With Lowest Fees

When looking for the cheapest cryptocurrency exchange, it is important to consider the trading fee and also spread. One of the lowest fee exchanges is Binance with fees between 0% to 0.1%. Binance is the largest trading exchange website that supports GBP instant deposits via a bank transfer or credit card purchase.

Best Crypto Exchange For Beginners

Coinbase is the best website to buy/sell crypto in the UK for beginners. Buyers and sellers can use the clean, intuitive, easy to navigate. The platform is fully responsive mobile app for Android and iOS devices that includes all the trading features available on the desktop version of the site. The exchange has been designed for simplicity, easy to use and includes a highly responsive live chat feature for customer support.

Best Crypto Trading Platform

Binance is a popular cryptocurrency trading platform that features an advanced charting system to allow traders to start trading on digital assets like Bitcoin, Ethereum and XRP. The exchange lists well over 200 trading pairs that can be traded against crypto, stablecoins or fiat currency.
Powered by TradingView which is a leading charting and social network, Binance users are fully equipped with the best charting tools and trading features for cryptocurrency to trade hundreds of pairs on a single trading site. Binance also offers a margin trading platform for users to trade leveraged positions and short Bitcoin. Overall, Binance is one of the top cryptocurrency trading platforms for the UK.

Best Bitcoin Trading App

CoinJar UK has released a mobile app for iOS and Android to buy Bitcoin, Ethereum and other digital assets. The app provides a fully responsive interface where users can manage their portfolio, send crypto to other users and make instant payments in crypto. The CoinJar app is an efficient way to buy/sell crypto, at any time and any place.

Crypto Exchanges That Don't Require ID

Individuals that convert fiat currency (e.g. Pounds) into cryptocurrency (e.g. Bitcoin, Ethereum) using an online exchange generally need to submit identification documents. This is per the FCA's requirements and in accordance with Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations.
There are some exceptions to the rule such as peer-to-peer services like Paxful and instant crypto swap services. These platforms allow users to buy and sell directly with each other that don't always require ID depending on the method of payment. 

Frequently Asked Questions

Cryptocurrency exchanges such as Coinbase, CEX.IO and Coinmama allow customers in the UK to buy Bitcoin using a credit or debit card. The fees can vary between exchanges and is generally a surcharge applied that can be as high as 5%.
Crypto.com is one of the cheapest way to purchase Bitcoin and other cryptocurrencies in the UK. The popular crypto exchange is offering zero trading fees for new customers within the first 90 days and 0% credit card charges.
There are currently no restrictions or cryptocurrency laws that prohibits individuals from buying digital currencies such as Bitcoin. Cryptocurrencies are not considered legal tender in the UK and investors must abide by local tax laws.

Conclusion

To conclude our comparison of the best places to buy Bitcoin in the UK, it is our own opinion the above exchanges are worthy choices based on their ease of use, security, deposit methods, support for GBP, trading fees and customer support.
We recognize there are many other UK Bitcoin exchanges to select, however, beginners should be careful and use the well-established and reputable cryptocurrency exchanges above which are used by millions of customers worldwide.
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Kevin GrovesKevin GrovesKevin GrovesKevin is the founder and chief editor at hedgewithcrypto that he started in 2019 which has reached over 1.5 million visitors worldwide. He is passionate about cryptocurrency as an emerging technology and is heavily involved in the fast-growing fintech space. A professional trader growing his portfolio since 2016, he has a strong understanding of investing in the market using exchanges, brokers and derivatives platforms. After leaving his full-time job at the start of 2021, his mission today is to share information guides on crypto and to find the best exchanges via hedgewithcrypto through detailed reviews and comparisons. To stay up to date with the latest exchange reviews and guides on Bitcoin, trading, DeFi, staking and more, follow us via our newsletter and social media channels.
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