Review is a London-based cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies.
Kevin Groves
Posted by: Kevin GrovesUpdated Nov 9th, 2023

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For cryptocurrency investors, finding the perfect exchange is crucial to having a prosperous time in the market. One exchange popular among crypto enthusiasts is, but how does it stack up to other popular cryptocurrency exchanges in the industry? Throughout this review, we'll take an in-depth look at the platform, discussing its benefits and highlighting its features, fees, and ease of use.

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Our Take

HedgewithCryptoScoreOur 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.
Full StarFull StarFull StarHalf StarEmpty Star

Bottom line: is a well-designed exchange with a proven track record that allows users to buy, sell, and store various cryptocurrencies. However, while the London-based platform benefits from some seldom-seen features (like the ability to import a crypto wallet), its lack of assets and poor customer service hinder its performance. While not a bad exchange by any means, struggles to keep up with competition from larger platforms we have reviewed like Binance, ByBit, and Kraken.

  • Low Withdrawal Fees
  • Solid Market Research
  • Non-Custodial Wallet
  • Comparatively High Trading Fees
  • Limited Number of Assets

Pros Explained

  • Low Withdrawal Fees. Nobody wants to be charged excessive fees simply to put their money into a bank account. Luckily, offers extremely competitive withdrawal fees with a 100% free option available for US residents.
  • Solid Market Research. offers both market research and educational resources to its users. Through the utilization of these resources, customers can make better-informed decisions, potentially having a positive long-term effect on their trading performance.
  • Non-Custodial Wallet. The vast majority of exchange wallets are custodial and provide little security to the user. However, offering non-custodial wallets is a step in the right direction for the industry and will likely appeal to security-centric investors.

Cons Explained

  • Comparatively High Trading Fees.'s trading fees are four times higher than other platforms we have reviewed. This increased cost will eat into profits over the long term and is best avoided for active traders (i.e. day traders)
  • Limited Number of Assets. Despite being a fully-featured exchange, has a surprisingly small number of supported assets and trading pairs. As such, investors looking to buy lesser-known altcoins should take a look elsewhere.
Visit - At A Glance

FeaturesSpot exchange, Card, Staking, and Market Research
Accepted Fiat CurrenciesUSD, EUR, GBP
Payment MethodsBank Transfer, Credit/Debit Card
Supported Cryptocurrencies31
Number Of Trading Pairs69
Trading Fees0.4%
Customer SupportTicket System, Twitter Support
Security MeasuresAES-256 Encryption, Cold Storage, 2FA
Mobile AppYes (Android and iOS) Overview

Founded in 2011, initially started as the first Bitcoin blockchain explorer to find and track Bitcoin transactions. However, in 2012, a wallet was released, rapidly gaining popularity as cryptocurrency's prevalence grew. Today, the platform enables users to trade and store cryptocurrency securely.

In addition, the platform offers additional features like staking, educational material, and a Visa-based card allowing users to spend cryptocurrency in real-world establishments. While currently unregulated, has shared that it aims to become regulated to ensure that it complies with upcoming regulatory requirements in the UK. Website Compared and Alternatives

ExchangeCrypto AssetsTrading FeesRatingPromotionWebsiteReview


3850.1% (spot) and 0.02% / 0.04% (Futures)
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.
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Up to $100 welcome bonusVisit BinanceBinance Review


2220.16% (maker) and 0.26% (taker)
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.
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None available at this timeVisit KrakenKraken Review


730.30% (Maker) 0.40% (Taker) or 0% with Sub $1,000 30-Day Volume
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.
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None available at this timeVisit BitstampBitstamp Review

Review of the Top Features on

Below, we've highlighted a few of the crypto exchange's most intriguing and valuable features. Card

Over the past few years, it's become commonplace for cryptocurrency exchanges to release debit cards that enable users to spend their crypto in everyday establishments like supermarkets and leisure centers. has thrown its hat in the ring by offering verified US customers a Visa debit card. With the card, people can buy goods using crypto with no additional transaction fees levied.

Providing a further incentive for users to register for the card, users will be able to earn 1% crypto cashback on all purchases. The card is expected to release to US customers within the next few months, with its waitlist currently open. Card

Cryptocurrency staking and rewards has both traditional staking and a rewards account that provides incentives for people to hold their assets on the platform. Both features only require a small initial investment of $1 and can provide rewards ranging from 0.65% to 10% APY.

The rates offered by are aligned with the industry average compared to the best crypto yield platforms. However, there is only 1 token that can be staked on the platform which is Ethereum. The other assets are part of the reward program which involves storing assets on the network. It is unclear how the rewards are earned. Staking wallet Staking wallet screenshot

Market research and educational resources

For people wanting to beat the market, information is crucial. offers its users access to an online learning portal that contains a range of educational resources covering the basics of Bitcoin, crypto wallet security, and basic technical information.

Another offering from that helps its users to make well-informed decisions is its market research platform. With a dedicated team putting together well-thought-out papers on topics like the future of decentralization, crypto-asset investment, and market outlooks from an institutional perspective.

While having one or the other is quite common,'s offering market research and simple educational material puts it above most platforms. However, while there is information on the basics, it would be nice to see some extra coverage for trading-related activities.

Account Creation & ID Verification

Before it's possible to start trading using; users only need to enter an email address, password, and country of residence to complete the initial setup. While users can create an exchange account without confirming their identity like other non-KYC crypto platforms, it will only support crypto deposits and an annual crypto withdrawal limit of $1,999. However, by providing a photo ID (passport, driving license) and proof of address (bank statement, utility bill), users can enable fiat deposits and increase withdrawal limits to $300,000 weekly.

Creating a AccountCreating a Account

Supported Fiat Currencies and Deposit Methods

Supporting a large variety of fiat currencies is crucial to ensure that no users on a platform become alienated. However, is relatively limited when it comes to fiat deposit methods. Users can choose between USD, GBP, and EUR. Crypto deposit methods include Bitcoin, Ethereum, various stablecoins, and a

The choice of payment method is slightly more open. users can choose between credit/debit cards and bank transfers. The transfer process differs from country to country but includes typical regional providers like SEPA, Open Banking, and ACH.

Supported Crypto & Trading Pairs

Another limitation we found while creating our review is the platform's lack of supported cryptocurrencies. While it's common for crypto exchanges to offer hundreds, if not thousands, of different cryptocurrencies, supports only 31.

Although does support popular assets like BTC, ETH, and ADA, other popular assets like XRP, SHIB, and MATIC are not offered. As such, it's worth checking out the complete list of supported assets before registering with to ensure that the exchange supports desired assets.

While the number of cryptos on could be better, the exchange offers a slightly better range of fiat-based pairs. Every asset on the platform has a USD pair, and users can purchase stablecoins, Bitcoin, Bitcoin Cash, Ethereum, and Polkadot using EUR or GBP. The only crypto-denominated pair available is BTC/ETH.

The range of cryptos and trading pairs available on is far lesser than expected from a market-leading platform. Although unlikely to be an issue for those solely investing in the most popular projects, investors looking to load up on altcoins will likely have better luck on a dedicated altcoin exchange. Wallet

Access to a secure blockchain wallet is crucial for professional traders and beginner investors alike. Every platform that supports spot trading comes with an in-built cryptocurrency wallet, but not all digital wallets are built equally.

While the wallet misses the trick in some areas, it shines in others. For example, despite the exchange offering 31 different cryptocurrencies, there is only native support for Bitcoin, Bitcoin Cash, Stellar, and Ethereum (plus most ERC-20 tokens). Wallet Overview Wallet Overview screenshot

While most crypto exchanges offer a custodial wallet (meaning the platform controls the private keys), provides its users with a non-custodial wallet (meaning users have complete control over the wallet). Offering a non-custodial main wallet is excellent for security and will appeal to investors looking to store their assets before moving to offline cold wallets.

Furthermore, has added wallet options that enable customers to import their own wallet using its private key. This is rare to see from an exchange and provides a great deal of additional accessibility and safety. However, its limited support for different cryptocurrencies does leave something to be desired. Fees

Nobody wants to buy or sell crypto to find they're subject to fees far higher than anticipated. To ensure our readers have a solid understanding of's fees, we've broken them down below.

Trading Fees operates using a maker/taker volume-based fee structure that starts at 0.40% respectively and reduces with volume. Trading volume is calculated on a 30-day basis and resets monthly. Users looking to trade with leverage will also be subject to a reoccurring margin trading fee of 0.02% every four hours. The fees are similar to the Exchange (read our review).

Monthly Trading VolumeMaker FeeTaker Fee
$0.00 - $10,0000.40%0.40%
$10,000.00 - $50,0000.17%0.35%
$50,000.00 - $100,0000.15%0.18%
$100,000.00 - $500,0000.08%0.18%
$500,000.00 - $1,000,000.000.07%0.18%

Withdrawal/Deposit Fees

Another area that commonly incurs fees is depositing and withdrawing. In this subject, excels. There are no fees other than standard network fees for withdrawing or depositing crypto.

While fiat deposits are also not subject to fees, Open Banking, SEPA, and FPS withdrawals are subject to a $0.50 fee and a $5 minimum. On the other hand, ACH withdrawals are free with a $10 minimum, and wire transfers have a $25 fee and a $2,500 minimum. Fees - Compared

The fees offered by are in line with the broader industry. While platforms like Binance offer superior trading fees, their increased withdrawal costs offset things. With that said, the transaction fees are higher than some platforms by a factor of four, meaning isn’t very cost-effective for high-frequency traders and should be avoided. To highlight how compares to other cryptocurrency exchanges we've reviewed, we've summarized the fees in the table below.

Exchange NameTrading Fee
ByBit0.1% Ease of Use is divided into two platforms, the Blockchain exchange and the Blockchain Wallet. However, despite what the names imply, users can buy, sell, and swap cryptocurrencies on the wallet platform. Furthermore, users can deposit and view their portfolios in the Blockchain Exchange. Wallet Wallet dashboard

While the two platforms are similar, the Blockchain Exchange has more advanced features, including an order book-style interface, TradingView integration, and cryptocurrency charting products. On the other hand, the Blockchain Wallet features a simple interface designed primarily for beginners. trading exchange trading exchange orders

Although it's nice to see features tailored to experienced traders and beginners, the differences between the platforms could be more clearly signposted. As it stands, being split into two platforms will likely cause some confusion among users and is something to be aware of when using for the first time. Wallet Buying Wallet Buying Bitcoin

Customer Support

If something unexpected occurs, having access to prompt customer support can relieve stress. offers ticket-style customer support, enabling users to describe their issues and get an email response. The company also offers support via a dedicated Twitter account, providing more choices for users.

The lack of live chat or phone support is quite detrimental to the usability of Furthermore, users have reported that the support team doesn't always reply to queries. As such, investors that hold quick and helpful support in high regard might be better off using another cryptocurrency exchange.

Security Measures has utilized a variety of different techniques to ensure that people using the platform remain safe. One of the ways ensures client safety is through the use of cold storage. An impressive 95% of all the funds held are stored securely in cold storage, greatly reducing the chance of customers being left out of pocket as a result of a hack.

Another way that protects its users is through encryption. Personal information and cryptocurrency wallets are both obscured using AES-256 encryption. Furthermore, maintains that users have complete ownership of their funds, something that's surprisingly rare, with even titans of industry like Binance not including this in their terms. account security account security options

While there have been no direct reports of itself getting hacked, some users have reported that their accounts have been compromised. While always a risk, investors can reduce the chances of this happening by setting up two-factor authentication and bookmarking the legitimate site. Mobile App

Like the web platform, on a mobile device is split into two apps, the Blockchain Wallet and the Blockchain Exchange. The Blockchain Wallet is an all-in-one platform that enables users to buy/sell crypto and provides access to staking/reward accounts. The app is easy-to-navigate but lacks advanced order types or charting tools. Conversely, the Blockchain Exchange app is solely for traders. Users cannot access staking or their rewards account but are granted the same advanced trading features (order book, TradingView, order types) offered by the web platform. wallet and exchange mobile wallet and exchange mobile app

Having beginner-friendly and more advanced apps can work well to improve accessibility. While it adds a little more confusion to the ecosystem, enabling users to select the app they desire doesn't have many downsides.

While most users wrote rave reviews about the app, others commented that didn't communicate the 3-day hold on deposited funds well. While this doesn't impact function, it's something to be aware of before registering for

Frequently Asked Questions is a cryptocurrency exchange. The platform enables users to buy, sell, convert, and stake cryptos easily. The confusion surrounding its status as an exchange likely stems from the platform being separated into two platforms named the Blockchain Wallet and the Blockchain Exchange. boasts industry-leading security and makes every effort to protect its users. While accounts have been compromised in the past, the exchange itself is yet to suffer a hack. does not presently have a native crypto token. However, as the platform operates an airdrop program, we could see one distributed among users in the future. users that do not want to complete the KYC process can only deposit crypto and are limited to $1,999 in withdrawals annually. However, completing KYC on the platform will remove these limitations.

Final Score and Verdict is a fully featured cryptocurrency exchange likely to investors of all experience levels because it is segmented into two platforms. However, with the platform only offering support for a handful of crypto assets, investors looking to purchase a more extensive range of tokens might find a few assets missing.

Overall, is a capable exchange, let down by its limited number of cryptocurrencies and poor customer support. While the platform does some things well, most of its offerings have been implemented better on other exchanges.

During the creation of our review, we awarded each section a HedgeWithCrypto Score. Readers can find our scores for each aspect of below. CriteriaHedgewithCrypto Rating
Features4.4 / 5
Supported Fiat and Deposit Methods3 / 5
Supported Crypto & Trading Pairs3.4 / 5
Fees3.5 / 5
Ease of Use4 / 5
Customer support2.6 / 5
Security Measures4.5 / 5
Mobile App4.2 / 5
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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