Best Crypto Exchanges UK

Here’s a list that we have compiled of the most popular UK crypto exchanges. These are the websites and apps to purchase Bitcoin, Ethereum, Litecoin, and other cryptocurrencies in the UK.

Remember that crypto-assets can be volatile and unregulated. There is no EU or UK investor protection. It is possible to lose all of the money that you have invested in them.

Also Read: Beginner’s Investing – How to Invest in the UK Stock Market

Best Crypto Exchanges

eToro – Live prices; Crypto wallet, Advanced crypto trading instruments

eToro offers multi-asset investing, including trading CFDs and stocks. eToro has over 115 cryptocurrencies available, including Bitcoin, Ethereum, and Litecoin. It is completely free to create an account on eToro. Additionally, all registered users will receive a US$100,000—demo account, which can be used to buy crypto and other assets. eToro doesn’t charge any trading fees or deposits other than spreads.

Trading on the eToro Platform is done in USD. If you deposit or withdraw in a different currency than USD, a conversion fee will be applied. Withdrawals cost US$5, and the minimum withdrawal amount for withdrawals is $50. eToro offers additional products, such as 0% commission stock.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at stake. This provider can also cause a 68% loss of money in retail investor accounts. Consider whether you can afford to lose your money.

Also Read: What is a Pension?

Coinbase – Live prices; Crypto wallet, Crypto card; Earn Free Crypto

Coinbase, a cryptocurrency exchange, allows you to buy, sell, and earn popular digital currencies. You can also keep track of your transactions in one place. Coinbase lets you choose from over 500 digital currencies and other assets. This includes popular tokens such as Bitcoin, Ethereum, Binance Coin, and Dogecoin.

By scheduling daily, weekly, and monthly buys, you can create recurring trades that allow you to invest in Cryptocurrency slowly. You can track your trades, monitor market movements, and use the mobile app for iOS and Android to monitor them. Coinbase Wallet lets you store your crypto and other NFTs in one location, trade 500+ assets on DEXes, earn interest, and more.

When trading crypto on Coinbase, there are many fees. You can place your order at Coinbase, and fees will be calculated when you receive it.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk.

Gemini – Live prices; Crypto wallet. Beginner-friendly

Gemini, created by Tyler Winklevoss (Cambridge Winklevoss), is an easy-to-use cryptocurrency exchange. It’s suitable for beginners and experienced crypto traders. Gemini makes it easy to research the crypto market, buy Bitcoin, Ethereum, and 50+ digital currencies, and build a portfolio.

Gemini lets you trade assets and manages your holdings. You can also set dynamic price alerts and recurring trades. You can track your trades, monitor market movements, and use the mobile app for iOS or Android to follow them. UK customers can access Gemini Exchange. This offers advanced crypto trading tools and beginner-friendly options. Gemini lets you choose your default currency. It supports GBP USD, AUD, CAD, CAD, and EUR. UK customers can also access Gemini wallet. It allows users to store all their assets in an insurance hot wallet or institution-grade cold storage system.

Multiple fees apply when trading crypto on Gemini. There are transaction fees, Maker-Taker, and withdrawal fees depending on whether the Gemini Exchange is accessed via the web app, the mobile app, or the ActiveTrader interface. Gemini charges between PS0.75-1.49% for mobile and website trades. Maker-Taker costs are charged for orders placed through ActiveTrader.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk

Bitpanda: Automatic investing; Cryptocard; Beginner-friendly

Bitpanda allows you to trade, invest in, and trade stocks, cryptocurrencies, and metals. It is an easy-to-use multi-asset platform. Bitpanda allows you to select from over 50 cryptocurrencies, including popular tokens such as Bitcoin, Ethereum, Polkadot, and Ethereum. Bitpanda accounts can be opened for free, but you must deposit at least EUR25 to begin trading or investing.

After you open an account, you can trade your cryptocurrencies with stocks or precious metals whenever you like. You can also set up automatic and regular daily, weekly and monthly payments. This allows you to invest in your preferred digital assets over time. Bitpanda makes it easy to withdraw and deposit in multiple currencies such as USD, GBP, EUR, CHF, and EUR. You will also receive a free crypto card that you can use for spending your crypto like cash. Bitpanda Pro is available for an upgrade. This will give you more advanced features like price matching capabilities, professional trading, and fully automated clearing and settlement.

Bitpanda charges multiple fees for trading crypto. All fees involved in buying and selling crypto and digital assets are already included in the prices. This means that you will always receive exactly the fiat or coins as shown on the order confirmation page. Bitpanda currently boasts over 3,000,000 users from multiple countries.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk

Coinsmart: Beginner-friendly, Advanced Crypto Trading Tools

Coinsmart, a crypto exchange with an easy-to-use interface, is dedicated to making Cryptocurrency accessible to everyone. It’s designed to be simple and easy-to-use crypto-trading platform that anyone can understand. Coinsmart makes it easy to buy and trade Bitcoin, Ethereum, and Litecoin quickly and easily from your mobile or desktop computer. Coinsmart has multiple fees for trading crypto. Some fees include withdrawal fees, depending on how you withdraw your crypto and trading fees.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk

Revolut: Roundups, Automatic investing; Beginner-friendly

Revolut allows you to trade in Bitcoin, Ethereum, and other tokens starting at US$1. Revolut lets you keep track of market movements and receive notifications when Cryptocurrency hits your desired price. You can also enjoy the latest market news in-app. Revolut lets you round up your spare change to invest in any cryptocurrency you choose (subject to the availability on the platform). Revolut charges only one fixed fee for crypto-conversions. Standard and users pay 2.5% and Premium and Metal users 1.5%, respectively. Revolut doesn’t charge any additional fees for using this service. For more information about Revolut’s fees, click here. Revolut also offers investment accounts, savings accounts, and currency exchange,, and international money transfers.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk

Blockchain.com – Live prices, Crypto news; Limit orders. Wallet

Blockchain.com Exchange is a cryptocurrency exchange operated by Blockhain.com. It was an early pioneer of key infrastructure in the Bitcoin community. Blockchain Explorer, which Blockchain.com developed, allows anyone to review transactions and study the blockchain. This also allows companies to develop on Bitcoin. It also features a trendy cryptocurrency wallet that allows anyone to manage their own money anywhere.

Blockchain.com Exchange allows users to trade and buy Bitcoins and other cryptocurrencies using their credit cards, debit cards, or linking with their bank. You can trade crypto in many currencies, including GBP and USD. The Blockchain.com Exchange offers over 81 trading pairs, including BTC and ETH, Defi, Stablecoins, USD, EUR, and many more. Blockchain.com offers advanced traders robust, customizable charting.

TradingView’s integrated charts allow you to customize your charts by adding hundreds of technical studies or drawings. Your customized lens for the crypto markets can be created using fibonaccis to candlesticks. You can also manage your trades, stay in the know with crypto news, and limit orders.

Blockchain.com has multiple fees associated with buying and selling Cryptocurrency. There are taker fees and market spread fees, depending on how much you trade.

Please be aware that crypto assets are highly volatile, unregulated investments products. Investor protection is not available in the UK or EU. Your capital is at risk

What are Crypto Maker-Taker fees?

Crypto exchanges charge crypto maker-taker fees, which are transaction fees. An order that supplies liquidity to the market is called a “maker” order. You place an order that takes liquidity out of the market. This is called a “taker” order. 

What is Cryptocurrency exactly?

Cryptocurrency can be described as digital money that can be used on the internet. As with any other type of money, Cryptocurrency can transfer funds from one person or institution into another. You can use crypto to do everything you could do with the money you have in your bank or your wallet, like purchasing products and receiving payment for work.

Cryptocurrencies aren’t issued by the central bank like other types of currency. They can be used without the involvement of any middleman, such as a bank or payment processor.

Exchanges allow you to trade, buy, invest and sell cryptocurrencies. The crypto exchanges work in the same way as regular stock exchanges. You can sell and buy various assets. Crypto can lose all of its value if it is traded or invested in.

There are many cryptocurrency options available today. However, the most well-known ones include bitcoin, Ethereum (or dogecoin), bitcoin cash, and litecoin. Bitcoin was the original Cryptocurrency. It was launched in 2008, and it is still the most well-known Cryptocurrency in the entire world.

The Greek word Kryptos (which translates to ‘hidden”) is the origin of crypto. Cryptocurrency transactions can be protected with cryptography to keep them secure and private from others. This technology is called a Blockchain.

A cryptocurrency blockchain is similar in concept to a bank’s database or ledger. Instead of being controlled by one bank, the blockchain is distributed to all participants. Blockchain is open to everyone, regardless of whether they are a bank, company, or authority.

UK tax on Cryptocurrency

Most people have Cryptocurrency as a personal investment. Usually, they do so to make a profit. HMRC has made it mandatory to pay Capital Gains Tax (CGT) when you gain crypto assets. This is the same tax you pay when you sell other assets such as stocks.

Any person who makes a profit by selling Cryptocurrency will be subject to taxes if the profit is greater than PS12,300.

Your annual CGT allowance is PS12,000. Any profit above it is subject to Capital Gains Tax. You will need to pay tax on PS1,700 if your bitcoin is sold and you profit above PS14,000 (PS14,000 + PS12,300).

Noting that the CGT allowance for investment gains from shares and stocks is 12,300 is also important. You will need to pay tax if your CGT allowance has been exhausted on stocks.

Also, you will be responsible for paying Income Tax and National Insurance Contributions on crypto assets that you receive from:

  • Employer as a form non-cash pay
  • Airdrops, transaction confirmation, and mining

Please refer to the Government’s guidance for more information regarding cryptocurrency taxes.

Frequently Asked Question

What is blockchain?

Blockchains are a special type of database that contains a list of transactions that anyone can see and verify. In the case of bitcoin, the bitcoin Blockchain is a record of each transaction. 

How do I trade Cryptocurrency?

You must first decide which type of Cryptocurrency and platform you wish to trade. A crypto exchange like Coinbase can help you learn more about the different cryptocurrency options. It will provide pricing and other details for cryptocurrencies such as Bitcoin, Litecoin and Ethereum, and even Bitcoin Cash and Ethereum Classic. Once you’ve decided which Cryptocurrency you want to buy, you can choose a crypto trading platform where you can trade, invest, or buy crypto.

Online and offline storage options are available for Cryptocurrency. Cryptocurrency can be stored online via a wallet or crypto exchange. You can store, send, receive, and convert crypto securely using your smartphone, tablet, and computer with crypto wallets and exchanges.

Is there a better place to buy crypto in the UK than others?

Here are the top UK places to buy bitcoin or other Cryptocurrencies:

  • eToro – Live Prices; Crypto wallet; Advanced Crypto Trading Tools
  • Coinbase Live Prices; Crypto wallet; Card; Earn Free Crypto
  • Revolution – Roundups, Automatic investing; Beginner-friendly
  • Bitcoina – Automatic investing; Cryptocard; Beginner-friendly
  • Coinsmart- Advanced crypto trading tools for beginners
  • Gemini: Live prices; Crypto wallet. Beginner-friendly

Are cryptocurrencies safe?

If you are cautious and aware of the potential risks, cryptocurrencies can be safe. Since Cryptocurrency is still in its infancy, scams pose the greatest risk. Take care when transacting Cryptocurrency. Keep your private keys safe and private.

Are cryptocurrencies regulated?

UK regulation does not apply to cryptocurrencies. However, the Financial Conduct Authority has registered some cryptocurrency exchanges like Coinbase and eToro. According to the FCA, cryptocurrency investments are considered high-risk, speculative investments. You should be ready to lose your entire investment in crypto assets. In an emergency, it is unlikely that you have access to the Financial Ombudsman Service(FOS) and the Financial Services Compensation Schemes (FSCS).

Is Cryptocurrency lawful?

Cryptocurrency is legal as long as you pay HMRC tax on the profits you make from your cryptocurrencies. Also, avoid “meme coin” and coins that become viral via social media or Reddit. Avoid buying these types of coins. Avoid cryptojacking and other illegal ways to obtain Cryptocurrency. You have the right to make investments and conduct transactions using Cryptocurrency.

Can the Government track Cryptocurrency?

Although some cryptocurrency experts have claimed that bitcoin can be used to buy anonymously, they aren’t anonymous. They are pseudo-anonymous.

Even though no banks are involved and the transaction is between a buyer or seller, the transaction can be monitored by linking it to the fixed address and keeping a public record for every transaction on their blockchains.

The USA has proposed a rule that requires all transactions above US$10,000 to be reported directly to FinCEN. The rule applies only to the USA and does not apply to the UK. This controversial rule is intended to prevent people from creating Cryptocurrency through illegal schemes. But such rules can tarnish cryptocurrencies’ idealized image, which aims to create autonomy.

What are the benefits of Cryptocurrency?

The greatest benefit of cryptocurrency transactions is that they are not regulated by central banks or other intermediaries such as payment processors. Every transaction takes place between the seller and buyer at a peer-to-friend level. This gives each participant in transaction control and privacy. It allows users to stay clear of banks and financial institutions with questionable financial policies.

Is cryptocurrency real money?

The exchange of value is what Cryptocurrency does, in that it acts much like real money. However, it is not considered a currency by the tax system. Instead, it is an asset. The digital version of Cryptocurrency is not available in coins or notes. It can only exist digitally. Cryptocurrency can be compared to real money in many ways, but it is not physical money.

How do I get Cryptocurrency?

You can mine Cryptocurrency or buy it from someone who already owns it. You can trade crypto by using crypto exchanges.

The easiest way to acquire crypto is by purchasing it on a cryptocurrency exchange like Coinbase and eToro. You can use cash from your bank account or swap your existing crypto for another to purchase crypto.

Cryptocurrency mining involves solving complex mathematical problems to earn some cryptocurrencies. These equations verify blocks of transactions, and each block is added to the blockchain. Some cryptocurrencies will be awarded to the first computer to solve the algorithm or complex equation.

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