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The crypto market has seen significant growth in recent years, including in the UK. Many people are now searching for the best crypto exchange in the UK to start trading or investing in digital currencies. With so many options available, it's important to find a reliable platform that suits your needs.

To help you find one that fits you, I will provide short reviews of the best crypto exchanges in UK, including popular solutions like Kraken and Coinbase. I will also answer common questions, including “Is cryptocurrency legal in the UK?”, “Is crypto regulated in the UK?” and “Where to buy cryptocurrency UK?”.

Here are the exchanges I will cover:

Let’s begin!

Best Crypto Exchange in UK: Evaluation Criteria

Before I show you the best crypto exchanges in the UK, it is important to know the evaluation criteria I used to come up with this list. Let's take a quick look at the characteristics, so you'll get why they're the best cryptocurrency trading platforms in UK.

  • Trading Features: The best UK crypto exchange offers advanced trading features such as real-time charts, limit orders, and margin trading. These tools are essential for making informed decisions, executing strategies effectively, and maximizing potential returns on your investments.
  • Supported Coins: Diversity in supported coins means more opportunities to trade across various cryptocurrencies. The best crypto app UK should provide a wide range of options, allowing traders to diversify their portfolio, explore new markets, and not be limited to mainstream cryptocurrencies only.

Best crypto exchange in UK: A Bitcoin coin in front of the Union Jack.

  • Security: Security is paramount in the world of cryptocurrency. A platform that prioritizes security measures, such as two-factor authentication, cold storage, and regular audits, ensures your assets are protected against hacks and fraud, making it a contender for the best cryptocurrency exchange in UK.
  • Fees: Understanding the fee structure is crucial as it affects your net gains from trading. Look for transparent fee policies and competitive rates. Lower transaction fees can significantly increase long-term profitability, making an exchange more appealing for cost-conscious traders.
  • Customer Support: Responsive and knowledgeable customer support is essential, especially in a market that operates 24/7. Quick access to support and an extensive knowledge base can be a lifesaver during technical issues or account problems, enhancing the overall user experience on the platform.

These criteria collectively ensure that you choose a platform that is not only secure and reliable but also fits your trading style and goals, ultimately enhancing your trading experience in the cryptocurrency market.

1. Kraken – Robust Security Features

Ranks #1 out of 10 Crypto Exchanges

Kraken is widely recognized as a strong contender for the best crypto exchange in the UK, thanks to its robust security measures, extensive range of cryptocurrencies, and user-friendly interface. It has established itself as a go-to platform for both beginners and seasoned traders looking for a reliable place to manage their digital assets.

Security is a top priority at Kraken, making it a strong contender for the title of the best UK crypto exchange. As a user, you can protect your account using essential security features like two-factor authentication (2FA) with Google Authenticator or Yubikey. The platform also implements email confirmations for withdrawals with a self-serve account lock.

Best crypto exchange in UK: Kraken homepage.

Kraken offers a vast selection of cryptocurrencies. Currently, it supports more than 200 coins and 600+ trading pairs allowing users to trade in popular coins such as BTC, ETH, and many others. You can withdraw your funds to GBP using multiple methods, like FPS, CHAPS, and BLINC. The withdrawal fees range from free to £35, depending on the withdrawal method you choose.

Furthermore, Kraken's competitive fee structure ensures that users get more value out of their trades, solidifying its status as one of the best crypto exchanges in the UK. Fees on the platform are low with stablecoin purchases incurring a 1.5% fee and transactions with fiat or stablecoins incurring a 0.9% fee. You can get even lower trading fees if you are using Kraken Pro.

Kraken's exchange platform masterfully blends simplicity for newcomers with the complexity advanced traders crave. Its user-friendly interface, featuring intuitive navigation and uncomplicated features, facilitates an easy start for beginners in trading.

Best crypto exchange in UK: Kraken's crypto articles.

Moreover, Kraken caters to those new to crypto exchanges by offering extensive educational materials, helping them navigate the intricacies of crypto trading with ease. Whether you're new to cryptocurrency trading or have been in the market for a while, Kraken's intuitive platform and educational resources make it the best UK crypto exchange for learning and growing your portfolio.

In short, Kraken stands out as one of the best crypto exchanges in the UK due to its strong security measures, adherence to the UK crypto regulation, wide range of cryptocurrencies, competitive fees, and easy-to-use platform. Whether you're starting your crypto journey or looking to diversify your investments, Kraken offers a comprehensive and secure platform that meets the needs of UK customers.

Visit Kraken
...or read our Kraken review

2. Coinbase – Popular Exchange With a User-Friendly Interface

Ranks #2 out of 10 Crypto Exchanges

Coinbase is often hailed as one of the best crypto exchanges in the UK, renowned for its straightforward interface, robust security features, and a wide selection of cryptocurrencies. It's a platform that caters to both newcomers and seasoned traders, simplifying the process of buying, selling, and managing digital currencies.

One of the reasons Coinbase is considered the best place to buy crypto in the UK is its user-friendly design. The platform makes it incredibly easy for anyone to get started with cryptocurrency trading, providing clear instructions and helpful tips. You can also get the Coinbase Wallet which is one of the best crypto wallets in the market.

Best crypto exchange in UK: Coinbase Wallet landing page.

Security is another cornerstone of Coinbase's service, ensuring that users' investments are protected at all times. It stores 99% of users' funds in offline storage for better security. The platform also implements a strict Know Your Customer (KYC) process. With state-of-the-art security measures in place, Coinbase stands out as one of the safest and best cryptocurrency trading platforms in the UK.

In addition to its user-friendly interface and strong security protocols, Coinbase offers a diverse range of cryptocurrencies. It supports over 240 cryptocurrencies and more than 60 fiat currencies.

In terms of fees, Coinbase’s structure can be a bit hard to understand. Your fees will vary widely depending on how you do your transactions. The platform is also known for charging higher fees compared to other best crypto exchanges in the UK.

Furthermore, Coinbase's reputation as one of the best crypto exchanges in the UK is bolstered by its commitment to compliance and customer support. The platform adheres to UK crypto regulations, ensuring that users are trading within the bounds of the law.

Best crypto exchange in UK: Coinbase's core features. 

Plus, with responsive customer support, users can get assistance whenever they need it, making their trading experience smoother and more enjoyable. Keep in mind that you may need to show proof of identity when using customer support.

Overall, Coinbase stands as a leading choice for those searching for the best cryptocurrency trading platform in the UK. Its combination of ease of use, security, variety of cryptocurrencies, and commitment to legal compliance makes it a top pick for anyone looking to dive into the world of crypto trading.

Visit Coinbase
...or read our Coinbase review

3. Revolut – All in One Banking Solution

Ranks #3 out of 10 Crypto Exchanges

Revolut is a digital banking app that has expanded its services to include cryptocurrency trading, making it a convenient option for UK customers interested in the digital currency market. It combines traditional banking features with the ability to buy, hold, and exchange cryptocurrencies right from your mobile device. 

This makes Revolut not just a bank but also one of the best crypto apps in the UK for those who want to dip their toes into the world of crypto without leaving the comfort of their banking app.

One of the key benefits of using Revolut for cryptocurrency trading is its simplicity. The app is designed for ease of use, making it ideal for beginners who are wondering where to buy cryptocurrency in the UK. You can start trading with just a few taps on your screen, without the need to navigate complex trading platforms.

Best crypto exchange in UK: Revolut crypto landing page.

Revolut lets you buy and sell over 150 coins including popular cryptocurrencies, like BTC, ETH, and LTC. While it may not offer as wide a range as dedicated crypto exchanges, it's a great starting point for those looking to invest in the major cryptocurrencies. Plus, Revolut's instant conversion feature allows users to quickly exchange between fiat currency and crypto, making it a very convenient option for quick trades.

However, it's worth noting that trading crypto with Revolut comes with higher fees compared to other best crypto exchanges in the UK. Users using the Standard and Plus plans will be charged either a ‘percentage based fee’ of 1.49% of the value of your cryptocurrency transaction or a flat ‘minimum fee’ of £1.49, whichever is greater.

In terms of security, Revolut utilizes multiple measures to safeguard user assets and transactions. It claims to work with custodian providers to offer multi-signature wallets and cold storage for users’ funds. Other than that, you can also protect your account using features like 2FA and biometrics lock.

Best crypto exchange in UK: Revolut crypto security feature.

Overall, Revolut stands out as one of the best crypto apps in the UK for users seeking a straightforward and secure way to buy and manage cryptocurrencies alongside their traditional banking needs. Its integration of crypto trading into a broader financial app makes it a unique and valuable tool for UK customers looking to explore the cryptocurrency market.

Visit Revolut
...or read our Revolut review

Compare Crypto Exchanges Side by Side With Others

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

4. OKX – Trusted and Secure Crypto Exchange

Ranks #4 out of 10 Crypto Exchanges

OKX is a global cryptocurrency exchange that has been gaining popularity among UK customers for its wide range of services, including spot and futures trading, a user-friendly interface, and robust security measures. It's quickly becoming known as one of the best crypto exchanges in the UK, thanks to its comprehensive offerings that cater to both beginners and experienced traders.

One of the standout features of OKX is its extensive selection of cryptocurrencies. With more than 300 coins available for trading, users have the flexibility to explore a variety of investment opportunities. However, UK users may get limited token offerings due to regulations.

Best crypto exchange in UK: OKX homepage.

It also offers competitive fees, which may differ depending on your account level and the amount of OKB tokens you’re holding. For example, spot trading fees range from 0.060% to 0.080%. Additionally, traders with over $5 million in 30-day trading volume qualify for VIP tiers with further fee discounts.

Security is a top priority at OKX, and the platform employs multiple layers of protection to safeguard users' assets and personal information. These measures include using cold storage for storing assets, withdrawal passwords, and anti-phishing codes. You need to complete at least Level 1 KYC verification to use the services.

Keep in mind that at the time of writing, UK users may need to complete two sets of questionnaires about crypto investment and the risk involved with the activity before creating an OKX account. This is in correlation with FCA’s new rule for crypto firms.

OKX also stands out for its educational resources and community support. The platform offers a wealth of guides, tutorials, and articles to help users understand the complexities of cryptocurrency trading and Web3 technology in general.

Best crypto exchange in UK: OKX educational resources.

If you can’t find the information you need on the learning center, you can also contact OKX’s customer support through their live chat feature or the ticket system.

With the combination of a wide range of trading options, strong security measures, educational resources, and excellent customer support makes it an appealing choice for UK customers looking to trade cryptocurrencies. Whether you're a beginner or an experienced trader, OKX offers a platform that can meet your needs and help you achieve your trading goals.

Visit OKEx
...or read our OKEx review

5. Uphold – Versatile Financial Service Provider

Ranks #5 out of 10 Crypto Exchanges

Uphold is a unique digital money platform that offers a wide range of financial services, including the ability to buy, hold, convert, and trade cryptocurrencies, precious metals, and fiat currencies. 

For UK customers looking for a versatile platform that goes beyond just cryptocurrency, Uphold positions itself as one of the best options available. Currently Uphold supports over 250 digital currencies, including popular coins, altcoins, emerging tokens, and stablecoins.

Best crypto exchange in UK: Uphold homepage.

One of the standout features of Uphold is its ease of use. The platform is designed with simplicity in mind, making it accessible for both beginners and experienced traders. You can buy crypto on the platform using multiple payment methods, including debit cards and bank deposits. The platform also provides a straightforward and secure gateway to the crypto market, allowing users to easily convert their GBP into a variety of digital currencies.

Uphold’s commitment to transparency is another key aspect that appeals to UK users. The platform provides clear, upfront information about fees, exchange rates, and transaction times. 

However, Uphold charges relatively higher trading fees compared to other best crypto exchanges in the UK. For example, the fee for trading BTC or ETH on Uphold is 1.5%. But if you buy crypto for less than $250 per transaction, you’ll also be charged a $0.99 transaction fee. The good news is that users with Individual accounts don’t have to pay fees to withdraw funds to their bank account.

Security is a priority at Uphold, with robust measures in place to protect users’ funds and personal information. The platform utilizes industry-leading security protocols to ensure that users’ assets are safe from unauthorized access or cyber threats. Uphold claims that it backs 100% of clients' money and never loans it out, unlike traditional banks. The FCA has also reviewed the platform and approved it to offer crypto services in the UK.

Best crypto exchange in UK: Uphold's security features.

Uphold offers a comprehensive and secure solution for UK customers looking to engage with cryptocurrencies, precious metals, and traditional currencies. Its ease of use, transparency, and strong security measures make it an attractive option for those seeking to explore the financial possibilities beyond traditional banking, establishing it firmly as a top choice for anyone looking to buy cryptocurrency in the UK.

Visit Uphold
...or read our Uphold review

6. MEXC – Low Fees Spot and Futures Trading

Ranks #6 out of 10 Crypto Exchanges

MEXC is a leading cryptocurrency exchange known for its wide range of available cryptocurrencies, advanced trading features, and strong security measures. It has quickly become a favorite among traders worldwide, including those in the UK, who are looking for a comprehensive and reliable platform for their trading needs. 

As a contender for the best crypto exchange in the UK, MEXC stands out for its commitment to providing a user-friendly experience while offering the tools and resources necessary for effective trading. It offers features, like easy navigation, clear market data, and straightforward trading processes.

Best crypto exchange in UK: MEXC homepage.

One of the key reasons MEXC is considered the best cryptocurrency trading platform in the UK is its vast selection of digital currencies. Currently, it supports more than 1500 coins. From well-known cryptocurrencies like BTC and ETH to newer altcoins, MEXC provides UK traders with the opportunity to explore a diverse range of investment options.

MEXC also prioritizes the security of its users' assets and personal information. With state-of-the-art security protocols in place, traders can feel confident that their investments are protected against potential cyber threats. MEXC also stores your funds in cold storage for better security. Keep in mind that MEXC is currently unregulated in the UK but still accessible to users.

Moreover, MEXC offers highly competitive fees. It charges 0.1% spot maker and taker fees, as well as 0% futures maker fee and 0.02% taker fee. This is a good indicator of the exchange's commitment to providing cost-efficient trading options for its users.

Best crypto exchange in UK: Benefits of using MEXC.

In conclusion, MEXC distinguishes itself as a worthy entry for the best crypto exchange in the UK by offering a wide selection of cryptocurrencies, advanced security measures, and a user-friendly trading environment. Its commitment to providing a comprehensive trading experience makes it an excellent option for UK traders looking for a reliable and versatile cryptocurrency trading platform.

Visit MEXC
...or read our MEXC review

7. CoinJar – Evergreen Crypto Exchange, Perfect for Beginners

Ranks #7 out of 10 Crypto Exchanges

CoinJar is a well-regarded cryptocurrency exchange that has made significant inroads in the UK market. Known for its user-friendly interface and robust security measures, CoinJar serves all levels of traders. Its commitment to providing a secure and easy trading experience helps position it as one of the best crypto exchanges in the UK.

Even though it offers limited trading features compared to other exchanges in this list, the platform is easy to navigate, making it a great starting point for beginners.

Best crypto exchange in UK: CoinJar Exchange landing page.

At the time of writing, this Australian-based exchange provides various advanced order types like limit, market, immediate or cancel (IOC), and maker or cancel (MOC) orders. You can also access features like the order book, order history, and fills module to manage your orders.

CoinJar supports over 60 cryptocurrencies. Even though the list is relatively smaller, this is still suitable for beginners and those who only want to trade mainstream coins like BTC, XRP, and SOL.

CoinJar offers decent fees for GBP pairing, ranging from 0.06%-0.1% for makers and 0.02%-0.1% for takers. These fees will vary depending on your trade volume within the last 30 days. Furthermore, you can benefit from even lower fees when trading stablecoins, ranging from 0.001%-0.06% for takers and flat 0% for makers regardless of your trading volume.

Security is also crucial for CoinJar. It stores 90% of clients’ funds in an offline wallet for extra protection. The platform also claims that it keeps full currency reserves at all times, with sufficient assets to cover more than 100% of its customer balances. This strong focus on security contributes to CoinJar’s reputation as the best crypto exchange in the UK.

Best crypto exchange in UK: CoinJar’s security features.

CoinJar provides support through its ticketing system. Customers will get a response within 2 hours on average. Alternatively, you can find your own answers on its knowledge base page. Unfortunately, there is no live chat feature for quicker troubleshooting.

In summary, CoinJar stands out as a leading choice for cryptocurrency traders in the UK due to its user-friendly interface, robust security measures, and competitive fees. It is recognized as the best crypto exchange in the UK for those who value straightforward, secure, and affordable fees.

...or read our CoinJar review

8. Crypto.com – Reputable Exchange With Excellent Security

Ranks #8 out of 10 Crypto Exchanges

Crypto.com is a global cryptocurrency platform that has quickly risen to prominence, offering a wide range of services including trading, investing, staking, wallets, and even its own Visa card. For UK customers looking for a versatile and comprehensive platform, Crypto.com aims to be the best crypto exchange in the UK, providing an all-in-one solution for digital currency needs.

What makes Crypto.com stand out as the best place to buy crypto in the UK is its commitment to user experience and security. The platform is designed to be intuitive, making it easy for both beginners and experienced traders to buy, sell, and manage their cryptocurrency.

Best crypto exchange in UK: Crypto.com homepage.

The platform has received authorization from the UK’s financial regulator as an Electronic Money Institution (EMI), enabling it to broaden its product offering in the country.

Security is another area where Crypto.com excels. With industry-leading protection measures in place, users can feel confident that their digital assets and personal information are safe. Crypto.com is the first cryptocurrency firm to achieve ISO 22301:2019, ISO/IEC 27701:2019, ISO/IEC 27001:2013, and PCI-DSS v3.2.1 Level 1 compliance.

It holds all client funds in separate ‘institutional-grade’ accounts on a 1:1 ratio, ensuring you can withdraw your funds whenever you want. You can also check its Proof of Reserves on the third-party auditor Merkle Tree. Crypto.com also implements security measures on the account level. These include 2FA, biometric login, and anti-phishing verification code.

Moreover, Crypto.com offers a broad selection of cryptocurrencies, giving UK users access to a wide range of digital assets beyond just the major ones like Bitcoin and Ethereum. Currently, it supports more than 250 coins. Even though it is slightly lower than several other best crypto exchanges in the UK, it still allows users to explore different investment opportunities and diversify their portfolios within a single platform.

Best crypto exchange in UK: Crypto.com Visa card landing page.

Additionally, the Crypto.com Visa card is a unique feature that integrates the convenience of spending crypto with the benefits of a traditional card, offering rewards and perks to users. This integration of services makes Crypto.com a particularly appealing choice for those who want to fully embrace digital currencies in their daily lives.

All things considered, Crypto.com positions itself as the best crypto exchange in the UK by offering an extensive range of services, a user-friendly experience, top-notch security, and a wide selection of cryptocurrencies. Its all-encompassing approach makes it an ideal platform for UK customers looking to explore and invest in the world of digital currency.

Visit Crypto Com
...or read our Crypto Com review

9. Bitstamp – One of The Oldest and Trusted Crypto Exchanges

Ranks #9 out of 10 Crypto Exchanges

BitStamp is one of the oldest and most reputable cryptocurrency exchanges in the world, offering a platform for buying, selling, and trading a wide range of digital currencies. Founded in 2011, BitStamp has grown to become a favorite among UK customers, thanks to its reliability, user-friendly interface, and commitment to security. For those in the UK searching for a trusted platform to engage with digital currencies, BitStamp positions itself as a solid entry for the best crypto exchange in the UK.

One of the reasons BitStamp is considered the best crypto exchange in the UK is its straightforward and easy-to-navigate platform. This makes it accessible for beginners who are just starting out in the world of cryptocurrencies, as well as for more experienced traders looking for advanced trading options. BitStamp offers a seamless trading experience, with real-time market data and a range of analytical tools to help users make informed decisions.

Best crypto exchange in UK: BitStamp homepage.

Security is a top priority at BitStamp, and the exchange employs robust measures to protect its users' funds and personal information. It claims to store most of its digital assets offline in cold storage for better security after it experienced a major theft incident back in 2015.

But, it is worth noting that BitStamp reimbursed users for any losses and appears to have improved its security.

Moreover, BitStamp supports a variety of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, among others. With only up to 80  supported coins, BitStamp may fall behind some of its competitors. But I think it still offers a decent selection for most beginners.

Expert traders can also opt for BitStamp Pro to gain access to its most advanced trading features. You can elevate your trading activities using advanced portfolio management tools, market insights, and many more. Pro users also get access to the BitStamp Pro mobile app. Unfortunately, it is not available in the UK at the time of writing, but BitStamp claims that it's coming soon.

Best crypto exchange in UK: BitStamp Pro landing page.

The exchange also offers competitive fees, making it an attractive option for those looking to maximize their trading profits. This may vary depending on your trading volume, but the platform charges no fees for trades valued at less than $1,000 within 30 days. BitStamp also charges withdrawal fees. For example, you’ll be charged a flat 0.0005 BTC fee for withdrawing the coin.

BitStamp stands out as a trailblazer in the crowded cryptocurrency exchange market. Its combination of a user-friendly platform, strong security measures, a wide selection of digital currencies, and competitive fees cements its status as the best crypto exchange in the UK for those seeking a reliable and efficient trading experience.

Visit Bitstamp
...or read our Bitstamp review

10. Bitget – Largest Crypto Copy Trading Platform

Ranks #10 out of 10 Crypto Exchanges

Bitget is a dynamic cryptocurrency exchange that has been making waves in the global market, including in the UK. Known for its innovative trading options, such as futures and spot trading, Bitget caters to experienced traders who need access to advanced trading features. 

Its commitment to providing a secure, efficient, and user-friendly trading environment has quickly elevated it to be considered among the best crypto exchanges in the UK. However, it is worth noting that Bitget is not regulated in the UK.

One of the standout features of Bitget is its intuitive platform, which makes navigating the complexities of cryptocurrency trading simpler for its users. This ease of use is a significant factor in why Bitget is often recommended as one of the best crypto exchanges UK.  Whether you're looking to execute your first trade or are a veteran trader seeking advanced tools, Bitget provides a seamless experience tailored to your needs.

Best crypto exchange in UK: Bitget homepage.

Bidget also claims to be the largest crypto copy trading platform. With more than 130 thousand traders and over $430 million worth of realized PnL, Bitget should get on your radar if you're interested in copy trading.

Security is crucial when dealing with cryptocurrency, and Bitget takes this seriously. The exchange implements industry-standard practices, including storing most of its client's funds in offline storage, providing a 300 million USDT protection fund, and guaranteeing at least a 1:1 reserve ratio for its customers. Bitget also has a 3 out of 3-star rating and an A score on CER’s cybersecurity score at the time of writing. 

In terms of fees, Bitget charges a fixed fee of 0.1% for spot trading as well as 0.02% (maker) and 0.06% (taker) for futures trading, making it a competitive option.

Additionally, Bitget distinguishes itself by offering a diverse range of cryptocurrencies for trading, enabling UK users to explore various investment opportunities across different digital assets. At the time of writing, Bitget supports more than 750 coins and 500 spot trading pairs.

Best crypto exchange in UK: Bitget crypto copy trading stats and users.

In conclusion, Bitget's commitment to creating a secure, user-friendly, and versatile trading platform has resonated well with the UK market. By offering innovative trading tools, a wide selection of cryptocurrencies, and top-notch security measures, Bitget has rightfully earned its place as one of the best crypto exchanges in the UK. 

For UK traders searching for a reliable and comprehensive trading platform, Bitget stands out as a top choice among the best crypto exchanges UK.

Visit Bitget
...or read our Bitget review

Crypto Landscape in the UK

As you look for the best crypto exchange in UK, you may ask questions like “Is cryptocurrency legal in UK?” and “Is crypto regulated in UK?”. The short answer is “Yes”. Cryptocurrency is legal in the UK, but it's not considered legal tender like the GBP.

In order to solve the particular problems that blockchain technology provides[1], legal frameworks are changing, laws are becoming more complex, and precedent-setting cases are appearing. The UK government is no exception as it has established a regulatory framework for the rapidly changing and unpredictable crypto asset sector.

Crypto assets in the UK are handled by the Financial Conduct Authority (FCA). Its main focus is to make sure that every crypto firm has effective anti-money laundering (AML) and anti-terrorist financing procedures in place.

Best crypto exchange in UK: A Bitcoin coin beside a UK-shaped flag on a blue background.

There are two types of crypto companies that fall under the FCA’s regulations:

  • Crypto asset service providers – Firms that focus on facilitating the exchange of crypto assets for money, one crypto asset for another, or utilizing automated machines for such exchanges.
  • Custodian wallet providers – Companies that offer services to safeguard and manage cryptocurrencies or private keys on behalf of customers.

Recently FCA also introduced a new regulation for marketing crypto assets. This regulation is aimed at protecting investors by ensuring that they fully understand the risks involved when investing in such assets. As part of this regulation, 'refer a friend' bonuses have been banned and firms are required to make sure that investors in crypto have the appropriate knowledge and experience.

The constant emergence of new digital currencies which are created based on software and protocols that have no tangible form, yet have fungible characteristics[2] remains the challenge for regulators. That's why, it is safe to assume that more laws regarding cryptocurrency will keep emerging, not only in the UK but in other countries trying to adopt this new market as well. 

So, if you’re wondering where to buy cryptocurrency in the UK, make sure to look for companies that follow the UK crypto regulation. It is also important to stay updated with the regulation changes to ensure you're always trading safely and legally.

Conclusion

Looking for the best crypto exchange in the UK is important if want to enter the world of cryptocurrency trading or investing. In this article, we’ve looked at popular platforms like Kraken and Coinbase that offer extensive services that suit the UK’s crypto enthusiasts.

These providers offer different benefits that may cater to your specific trading style, security preferences, and investment goals. So, understanding your needs is the best way to find the best crypto exchanges in UK.

Moreover, remember to always look for platforms that adhere to the UK crypto regulation. This ensures not only the safety of your investments but also keeps you in compliance with local laws, providing peace of mind as you explore the crypto landscape.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

1. Ertan C.: 'Enforceability of Blockchain Technologies in Financial Legal Services: The UK and the EU Analysis';

2. Hsiao M.: 'A Ban on Crypto Derivatives in the UK: Ad Hoc or Forever?'.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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Recent Best Crypto Exchange in UK User Reviews

LC - Correa

5.0/5.0 - Coinbase User
20/09/2024

transfers

very easy to transfer between coinbase, gdax and other platforms. didnt experience any issues

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Keegan D

4.8/5.0 - Coinbase User
08/10/2024

Niche cryptos

The fact that they don't add the niche cryptos is a blessing and a curse. I get that it's a safety precaution, so now i use less-legit exchanges to chase the hype and maybe earn a bit on the side.

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Wilkins jr

5.0/5.0 - Bitstamp User
04/10/2024

It's OK

Have been using Bitstamp exchange for many years, dont have many reasons to complain!

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Marcie the Mute

4.0/5.0 - Crypto Com User
30/10/2024

Wait for so long

Long time for waiting registration

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M. Carney

4.6/5.0 - Bitstamp User
15/10/2024

Experienced

I had trading experience so it was easier to figure out how to use this exchange, but wouldn't recommend it to first time traders.

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I. G.

4.6/5.0 - Bitstamp User
16/08/2024

wallet

Had no security issues so far, but wouldnt trust the integrated wallet function

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Hook Ioana

5.0/5.0 - Kraken User
11/08/2024

PRO level :)

How come no one told me to start using Kraken PRO sooner. I regret missing oportunity. At least now i'm at a level that I can use the platform to it's full potential

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Chanel

5.0/5.0 - Kraken User
07/08/2024

Decent amount of cryptos

Well, the number of cryptocurrencies is reasonable, I don't think the higher the number, the better the exchange... I personally choose few cryptos at a time to focus on trading.

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Larry Alford

4.6/5.0 - Crypto Com User
28/08/2024

Used to great…

It started out great but Now I want to withdraw my funds but cannot

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Taya D.

4.4/5.0 - Bitstamp User
10/08/2024

Good app

The app is easier to use and the fees are on the lower end, it's a shame that the trading optios are soo limited :/

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Bad Bronislaw

5.0/5.0 - Crypto Com User
10/08/2024

Great app

Really happy with the app

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E. Joyner

4.8/5.0 - Kraken User
24/09/2024

Fees in EU

Glad fees on this platform are not too high and deposits are free in the EU. I withdraw quite often so those costs do add up ://

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ray keenan

5.0/5.0 - Coinbase User
10/08/2024

what about some customization?

The platform is very functional and all but I wish customization was available. Personalising design or colour themes and feature placements would be a great option!

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E. Kramer

5.0/5.0 - Coinbase User
02/10/2024

Never had issues

I can happily vouch for the security on Coinbase. Had to seet it to believe it, no issues to this day. The sertifications they have acieved only add to the trust!

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Matias Dale

4.8/5.0 - Kraken User
30/09/2024

first exchange

It took me more time than i expected to figure out how to use the exchange. Totally get why not many beginners go for Kraken as their first exchange. Aside from that, have no other issues.

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Sound Marcie

5.0/5.0 - Crypto Com User
06/09/2024

Best

I really dont understand what people are complaining about

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Billie-Jo Bloggs

5.0/5.0 - Crypto Com User
29/09/2024

Love it!!!!!

I love CDC and everything about it it been a customer for like 8 months and hadn’t had a problem with it since

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irene-pope

4.4/5.0 - Bitstamp User
01/09/2024

fiat fees

the fees are ok only if you use crypto, charges on fiat payments are expensive :|

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asha guy

4.2/5.0 - Bitstamp User
13/08/2024

not for newbies

hard to use for new users. took a lot of time, trial and error to learn to use the exchange. emailing with the customer support was not very effective for me. atleast i could find some helpful guidance on FAQ section

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Lilly-vanily

5.0/5.0 - Coinbase User
04/08/2024

Happy that coinbase is in my country

It's a shame that Coinbase in not available in more countries. Just happy I had the opportunity to move and now can have this new trading experience.

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Leave your honest Best Crypto Exchange in UK review

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FAQ

What should I look for in the best crypto exchanges in the UK?

When searching for the best crypto exchange in UK, prioritize platforms that offer FCA compliance, robust security features, a wide range of supported cryptocurrencies, and competitive fees. It's also important to consider the user interface, customer support quality, and the exchange's track record in the market.

Are international platforms suitable for UK traders?

Yes, international platforms like Kraken and Coinbase are suitable for UK traders as they offer extensive cryptocurrency selections, high-security standards, and user-friendly interfaces. Both are compliant with UK regulations and provide a range of trading tools and resources, making them popular choices among UK-based users.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

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