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    11 Best Crypto Exchanges In The UK For 2023

    Updated: Feb 2nd, 2023
    Kevin Groves
    Kevin Groves
    11 Best Crypto Exchanges In The UK For 2023

    There are many crypto exchanges in the UK to use for buying digital assets which can be a difficult task for beginners to find an exchange that's the right fit. We have reviewed over 100 crypto platforms to find the best cryptocurrency exchanges in the UK. Our methodology included creating an account, depositing funds and buying crypto to experience the full features of each UK crypto exchange.

    Best Crypto Exchanges In The UK

    Based on our reviews, these are the top crypto exchanges for the UK:

    1. Binance (overall best crypto exchange for the UK)
    2. Coinbase (best crypto exchange for beginners)
    3. eToro (best exchange in UK for copy-trading)
    4. Gemini (best crypto exchange for security)
    5. Crypto.com (best exchange for credit cards)
    6. Uphold (best option for simplicity)
    7. CoinJar (best alternative exchange in UK)
    8. CEX.IO (best for beginners)
    9. StormGain (best for crypto trading)
    10. Luno (best for deposit methods)

    Best UK Crypto Exchange: Reviews 2023

    1. Binance - Best Overall Crypto Exchange In The UK

    Binance is undeniably one of the biggest exchanges in the world and is a top performer in terms of the number of users, trading volumes, and liquidity across its markets. The exchange is trusted by more than 90 million users worldwide across 180 regions including the United Kingdom. Investors can build a diverse crypto portfolio and choose between the 600+ assets supported on the exchange using GBP and a variety of payment methods. There is even a bonus for new accounts of up to $100 using a Binance referral code.

    https://binance.com
    HedgewithCrypto Score
    HedgewithCrypto Score
    4.8/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    StarStarStarStarEmpty Star
    Trading Fees:0% to 0.1%
    Country:Global (USA allowed via Binance.US)
    Currency:AUD, USD, EUR, GBP, SGD & UGX
    Promotion:Up to $100 welcome bonus
    Ease of useStarStarStarStarEmpty Star
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    Individuals that use the Binance platform can buy Bitcoin directly with GBP or any of its other supported coins. There is even the option for recurring buys to dollar-cost average investment in the crypto space. The two options available to UK citizens to fund a Binance wallet with fiat currency are using a bank transfer (Faster Payments) or a credit/debit card. Bank transfer will incur a small fee of 1 GBP which is fairly economical. Payments are processed near-immediately and deposited to the Binance account. The other option is Binance's P2P crypto platform, which includes a greater selection of payment methods.

    Deposit GBP to BinanceDeposit GBP to Binance

    The major reason Binance tops the list of exchanges in the UK is the wide range of products and services on offer. For beginners and serious crypto traders, the features on Binance are second to none. From earning interest on cryptocurrencies, staking, and liquidity farming, Binance has become an all-in-one digital exchange for all things crypto.

    For serious crypto traders, there is a spot market, margin pairs, derivatives platform, leveraged tokens, and peer-to-peer exchange. In total, there are more than 1,691 trading pairs across 387 supported coins that can be bought and sold on the exchange. Its Binance Futures platform is one of the best derivatives markets in trading volume and the spot margin exchange is one of the best platforms to margin trade cryptocurrencies.

    2. Coinbase - Best UK Crypto Platform For Beginners

    Coinbase is a reputable and stable trading platform to get started in the world of cryptocurrencies. The company behind the exchange is publicly listed and has become one of the best crypto exchanges in the world with a large user base in the UK. Founded in 2012, Coinbase has amassed more than 89 million customers globally across 100+ supported countries and has a quarterly trade volume of 547 Billion at the time of writing.

    https://coinbase.com
    HedgewithCrypto Score
    HedgewithCrypto Score
    4.7/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
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    Trading Fees:0.5%
    Country:Worldwide
    Currency:USD, GBP, EUR, CAD, SGD, NZD & AUD
    Promotion:$5 BTC bonus (USA only)
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    For crypto investors within the United Kingdom, Coinbase is ideal for beginners with its entry-level platform and simple-to-use website and crypto app. The available features for the UK include swapping crypto-to-crypto, buying crypto and selling crypto back to British Pounds. New users that want to buy crypto safely have a variety of trusted payment methods to choose from such as a UK bank transfer, SWIFT, 3D Secure Credit Card, debit card or credit card. It should be noted using credit and debit cards have hefty fees of 3.99% in the UK.

    Coinbase UK websiteCoinbase UK websiteCoinbase UK website and the supported deposit methods.

    As for the number of supported cryptocurrencies, Coinbase offers UK customers 170 digital assets that can be traded against several fiat currencies on its premium platform Coinbase Pro. The availability of crypto pairs to select for day trading are quite limited compared to other exchanges in this list. Although, the advantage for residents in the UK to consider creating an account with Coinbase is access to its global liquidity to buy the major coins such as Bitcoin, Ethereum, Shiba Inu and Dogecoin.

    Importantly, Coinbase is one of the best crypto exchanges for beginners in the UK with its simple and well-designed website and mobile app. Getting started takes only a few minutes and the process to add a payment method and purchase Bitcoin or another digital currency is streamlined for ease of use.

    Screenshot of buying Bitcoin on CoinbaseScreenshot of buying Bitcoin on CoinbaseScreenshot of buying Bitcoin on Coinbase.

    In addition, another beneficial feature for residents in the UK is the addition of cryptocurrency staking to the exchange in May 2020. Existing users can stake popular coins to earn passive rewards including Ethereum 2.0 (ETH2), Tezos (XTZ), Cosmos (ATOM) and many others which makes Coinbase one of the leading exchanges for crypto staking.

    Overall, Coinbase is a good option to buy Bitcoin and crypto in the UK. While the trading fees of 0.5% per transaction for small amounts are a little higher than other exchanges on this list, Coinbase is tiered towards beginners and has successfully removed the technical challenges for new investors that want to invest in crypto.

    3. eToro - Best UK Crypto Platform For Copy-Trading

    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. Investors can long crypto trades of the most popular coins such as Bitcoin, Ethereum, Cardano and many others that are backed with the real assets.

    https://etoro.com
    HedgewithCrypto Score
    HedgewithCrypto Score
    4.6/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
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    Trading Fees:1%
    Country:Global (USA allowed)
    Currency:USD, GBP, EUR, AUD
    Promotion:None available at this time
    Ease of useStarStarStarStarEmpty Star
    ReputationStarStarStarStarEmpty Star
    Deposit methodsStarStarStarStarEmpty Star
    FeesStarStarStarStarEmpty Star
    Visit eToro

    Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

    Read our full eToro Review

    Disclaimer: 78% 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 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.

    Although, investors from the UK are not allowed to short cryptocurrencies on the platform due to regulations by the Financial Conduct Authority (FCA). As such, eToro UK does not support leverage trading on derivatives or futures markets. For traders that want to use margin, read this article on the best crypto margin platforms.

    etoro websiteetoro website

    eToro is well-known for its social trading community where traders can join and connect with other traders to share ideas, and 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 fits 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 copytraderDisclaimer: Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

    The downside of eToro is the trading fees of 1% on crypto-assets which is above the industry standard for crypto trading platforms. Moreover, this does not include the spread which is added to the fee. Compared to other top exchanges for the UK like Binance and Coinbase, the fees on eToro are quite high and do not offer great value for money. Although eToro still makes the list of best UK crypto platforms due to its ease of use, a wide range of supported payment methods and highly popular social and copy-trading platform that is a step above others in the market based on our comparison.

    4. Gemini - Best Crypto Exchange In UK For Security

    Gemini is an FCA-regulated company in the United Kingdom that was founded by the Winklevoss twins. Since its inception to the industry, Gemini exchange has grown rapidly to become a popular choice for individuals, traders and institutions to buy, sell, and store Bitcoin and other cryptocurrencies. The advantages of using Gemini in the UK are the wide range of supported cryptocurrencies and its secure trading environment.

    https://gemini.com
    HedgewithCrypto Score
    HedgewithCrypto Score
    3.5/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    StarStarStarEmpty StarEmpty Star
    Trading Fees:0.4% - 1.99%
    Country:Global (USA allowed)
    Currency:USD, GBP, EUR, CAD, SGD, HKD & AUD
    Promotion:None available at this time
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    One of the reasons Gemini makes this list of the best crypto exchanges is the support for GBP and EUR using a variety of payment methods. The available methods to pay for crypto include debit cards or transfers from a bank account via Faster Payments, CHAPS, or SWIFT wire. GBP bank transfers are the most popular and do not incur any fees. Linking a debit card to a Gemini account is convenient and fast but will incur a 3.49% fee on the total purchase amount and is not recommended.

    As for the trading fees, a 1.49% surcharge will apply to orders above £150 using the website or mobile application. This is very expensive compared to other exchanges. Cheaper fees can be obtained on Gemini ActiveTrader which start from 0.04% and 0.02% for maker and taker orders, plus an auction fee. Overall, the transaction fees on Gemini are not the cheapest.

    Gemini website and FCA licence for UKGemini website and FCA licence for UKGemini website and FCA licence for UK.

    However, a benefit of Gemini lies with the overall user experience which is excellent for beginners and experienced investors alike. There is a range of features that can be leveraged by UK investors which include:

    • Elegant, simple and modern platform to place buy and sell orders, or monitor the performance of the portfolio
    • Create price alerts and triggers at a specified price on a crypto
    • Schedule recurring buy orders using a dollar-cost averaging strategy.
    • ActiveTrader for experienced traders that includes an advanced and reliable trading platform with superior charting and order types.

    Moreover, Gemini users that purchase or transfer crypto and hold it within a wallet can delegate the assets in the Gemini Earn product. There are currently 46 assets that can be loaned by other users on the exchange. In return, the deposited amount can earn interest up to 8.05% APY at the time of writing. Unlike other popular crypto interest savings accounts, the funds in Gemini Earn can be transferred back to the trading account with accrued interest at any time. Investors in the UK can maximize their crypto purchase which is an advantage over Coinbase for example.

    Earning interest on crypto deposits on GeminiEarning interest on crypto deposits on GeminiEarning interest on crypto deposits on Gemini.

    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 of the team. A number of protection mechanisms are employed to protect users' 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.

    In short, Gemini is a top choice for individuals that are looking for a regulated and safe exchange to invest in crypto. Combined with an easy-to-use web platform , an advanced platform for traders, and the ability to earn interest are a few good reasons Gemini should be considered.

    5. Crypto.com - Best Crypto Exchange UK For Card Purchases

    Crypto.com App is a cryptocurrency provider that offers several crypto products and services to over 50 million users across the globe across multiple countries including the USA, UK and Australia. Crypto.com App makes it easy for everyone regardless of experience or financial status to buy, trade and sell cryptocurrencies in minutes using a modern and intuitive mobile app. Moreover, Crypto.com has become popular for buying cryptocurrencies at true cost with a selection of more than 250 coins to choose from.

    https://crypto.com
    HedgewithCrypto Score
    HedgewithCrypto Score
    4.5/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
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    Trading Fees:None (3.5% surcharge for credit card)
    Country:Global (USA Allowed)
    Currency:USD, EUR, GBP, AUD and 16 others
    Promotion:None available at this time
    Ease of useStarStarStarStarEmpty Star
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    Deposit methodsStarStarStarStarEmpty Star
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    The app can be downloaded for iOS and Android devices and linked to a debit/credit card or bank account to securely deposit GBP. The app is simple to use and users can purchase crypto in a matter of minutes using market or limit orders. There is also the option to set recurring orders and price alerts. There are zero fees to deposit crypto and swap between assets. Moreover, sending digital assets instantly to other users on the Crypto.com app is free.

    Crypto.com can be linked to Crypto.com Exchange which 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 are 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
    • 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 Crypto.comp. 

    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 reduces based on volume.

    6. Uphold - Best Crypto Platform For Ease of Use

    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.

    Trading Fees:Spread only
    Country:Global (USA allowed)
    Currency:27
    Promotion:None available at this time
    Ease of useStarStarStarStarEmpty Star
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    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 and begin to explore the variety of products offered using an intuitive platform that is supported on iOS or desktop versions. 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 of using Uphold is the 0% trading commissions, zero deposit fees using a bank transfer, and no withdrawal 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.

    7. CoinJar - Reputable Crypto Exchange For UK

    CoinJar UK is an FCA-registered crypto exchange that provides a simple way to buy & sell digital currency. Established in 2013 initially as an Australian crypto exchange, CoinJar has expanded its innovative crypto financial products and services to residents in the UK.

    Trading Fees:1%
    Country:Australia & UK
    Currency:AUD & GBP
    Promotion:None available at this time
    Ease of useStarStarStarStarEmpty Star
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    Deposit methodsStarStarStarStarEmpty Star
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    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, and OTC for institutional investors.

    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.

    coinjar websitecoinjar website

    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 - Best Place In UK For Instant Crypto Purchases

    CEX.IO is a popular exchange to buy Bitcoin instantly. 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.

    https://cex.io/
    HedgewithCrypto Score
    HedgewithCrypto Score
    4.2/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
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    Trading Fees:0.25% / 0.15%
    Country:Global (USA allowed)
    Currency:USD, GBP, EUR & RUB
    Promotion:None available at this time
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    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 sell Bitcoin instantly
    • 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 support with the Instant Exchange and Instant Sell services. The latter 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 - Best Crypto Exchange For UK Leverage Traders

    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. 

    Trading Fees:0.095% (BTC)
    Country:United Kingdom
    Currency:Crypto only
    Promotion:Up to 20% Bonus for deposits
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    The cryptocurrency trading and investing platform are equipped with cutting-edge features and trading tools. Its advanced trading allows investors to buy Bitcoin using cryptocurrencies and stablecoins and capitalize on the volatile crypto market with 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 intermediate to advanced investors 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
    • Loyalty programs
    • Trading signals
    • Two-Factor Authentication
    • Practice crypto trading on a demo account
    • Mobile trading app for iOS and Android

    10. Luno - Best UK Crypto Platform For Deposit Methods

    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. 

    Trading Fees:0% - 0.1% (exchange), 2% (instant buy/sell)
    Country:Global (US allowed)
    Currency:AUD, INR, MYR, SGD & 6 others
    Promotion:Deposit $30 worth of any crypto and get AUD $30 worth of BTC
    Ease of useStarStarStarStarEmpty Star
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    Visit LunoRead our full Luno Review

    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 introduces them to digital coins. The sign-up, verification, and link to the payment process take 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 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 are also zero fees to deposit and withdraw funds to a local bank.

    11. CoinFloor- Best Local Crypto Exchange In UK

    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.

    Trading Fees:0.1% - 0.3%
    Country:United Kingdom
    Currency:GBP, USD, EUR & PLN
    Promotion:None available at this time
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    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 features for dollar cost averaging can only be used with GBP via bank transfers.

    coinfloor websitecoinfloor website

    Coinfloor is fully transparent with its Bitcoin holdings in secure custody and provides 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 of using Coinfloor is the lack of liquidity and trading volume on its exchange. According to 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.

    The Best UK Crypto Exchanges Compared

    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

    Binance

    600+0% to 0.1%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.8/5
    StarStarStarStarEmpty Star
    Up to $100 welcome bonusVisit BinanceBinance Review
    Coinbase Logo

    Coinbase

    250+0.5%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.7/5
    StarStarStarStarEmpty Star
    $5 BTC bonus (USA only)Visit CoinbaseCoinbase Review
    eToro

    eToro

    70+1%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.6/5
    StarStarStarStarEmpty Star
    None available at this timeVisit eToro

    Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

    eToro Review
    gemini exchange

    Gemini

    26+0.4% - 1.99%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    3.5/5
    StarStarStarEmpty StarEmpty Star
    None available at this timeVisit GeminiGemini Review
    Crypto.com

    Crypto.com

    250+None (3.5% surcharge for credit card)
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.5/5
    StarStarStarStarEmpty Star
    None available at this timeVisit Crypto.comCrypto.com Review
    uphold logo

    Uphold

    58Spread only
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.5/5
    StarStarStarStarEmpty Star
    None available at this timeVisit UpholdUphold Review
    Coinjar

    Coinjar

    491%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.3/5
    StarStarStarStarEmpty Star
    None available at this timeVisit CoinjarCoinjar Review
    cex.io logo

    CEX.IO

    100+0.25% / 0.15%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.2/5
    StarStarStarStarEmpty Star
    None available at this timeVisit CEX.IOCEX.IO Review
    stormgain logo

    Stormgain

    80.095% (BTC)
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.1/5
    StarStarStarStarEmpty Star
    Up to 20% Bonus for depositsVisit StormgainStormgain Review
    luno logo

    Luno

    100% - 0.1% (exchange), 2% (instant buy/sell)
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4.1/5
    StarStarStarStarEmpty Star
    Deposit $30 worth of any crypto and get AUD $30 worth of BTCVisit LunoLuno Review
    coinfloor logo

    Coinfloor

    Bitcoin0.1% - 0.3%
    RatingOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
    4/5
    StarStarStarStarEmpty Star
    None available at this timeVisit CoinfloorCoinfloor Review

    How To Choose A Crypto Exchange

    Finding a suitable UK cryptocurrency exchange can be tricky for beginners in the crypto-sphere. Here is our complete list of what to consider buying cryptocurrencies to help get you started:

    • 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 safe to buy digital currencies.
    • Beginner-friendly. 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.
    • Supported deposit methods for GBP. Find a UK cryptocurrency exchange that offers 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 have low GBP conversion fees and fast processing times. Each platform has a minimum and maximum daily limit 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 a GBP trading pair is available (e.g. BTC/GBP).
    • Wallet security. Pick a crypto platform that offers security features such as cold wallet storage, a multi-signature withdrawal process and two-factor authentication. These measures will help to prevent the theft of funds and fraudulent activity. To help you decide, here is our list of the best crypto wallets to safely store digital assets.
    • Fees. There are several different fees to be aware of when using a crypto exchange such as depositing GBP, withdrawing cash or crypto, and trading 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 through a live chatbot.
    • Online reviews and 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. Moreover, the exchange has recently introduced no fees for Bitcoin trading pairs. This makes it one of the cheapest exchanges in the UK.

    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 has a 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 is a good option in the UK 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.

    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 P2P crypto exchange 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. For more information on how we rated these exchanges, read our full cryptocurrency exchange review process.

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    Kevin GrovesKevin GrovesKevin Groves

    Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

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