The Best Binance Alternatives - In the UK for 2025
Explore our curated list of our top 3 reputable exchanges for 2025, each rigorously tested with real funds. All brokers are accessible to traders in the United Kingdom.
Is Binance Available in the UK?
Binance is a global crypto exchange that does not accept new users in the UK due to regulatory and compliance measures.
Our Ranked List of the Best Binance Alternatives in the UK
Based on my experience, here’s my ranked list:
- eToro – Best for overall features and social trading.
- Coinbase – Ideal for beginners and simplicity.
- Bitpanda – Excellent for advanced tools and cryptoasset range.
- Uphold – Best for multi-asset trading.
Binance Alternatives Comparison Table
| Rank | Platform | Supported Cryptocurrencies | Fees (Average) | Unique Feature | Trustpilot Score |
|---|---|---|---|---|---|
| #1 | eToro | 78 | 1% (Spread-based) | Social trading, CopyTrader | 4.4 |
| #2 | Coinbase | 240 | 1.49% | User-friendly for beginners | 3.6 |
| #3 | Bitpanda | 600+ | ~0.99-2.99% | Tools and Asset Range | 3.9 |
| #4 | Uphold | 250 | 0%-1.25% | Multi-asset trading | 3.8 |
Introduction
As I write this, Binance has still paused accepting new UK customers due to changes in UK financial regulations. This decision came into effect on 16 October 2023, after the FCA-required approval for Binance’s financial promotions was withdrawn.
While existing users can continue accessing their accounts, many are now considering alternatives.
In this article, I’ll share the best Binance alternatives, whatever your reason for wanting an alternative to Binance, there are a considerable number of Crypto Exchanges available.
Over the years, I’ve tested a range of these Crypto Exchange platforms, and there are still some great options for UK users that I will detail here.
How We Ranked the Binance Alternatives
eToro - Social Trading, Easy to Use, Rated Highest
Pros & Cons
- User-friendly interface
- Social trading features (CopyTrader™)
- FCA regulated
- Wide asset range (crypto, stocks, ETFs)
- 1% trading fee
- Limited advanced trading tools
- Small currency conversion fee for GBP deposits
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What are the Fees?
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What Cryptocurrencies are Available?
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How Safe is the Exchange?
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Who Is It Best For?
eToro charges a 1% trading fee on crypto transactions, plus a 0.5% GBP deposit fee. There’s also a $5 withdrawal fee and a $10 inactivity fee if the account is idle for 12 months. No hidden fees are applied beyond these.
eToro offers access to over 120 cryptocurrencies, including major coins like Bitcoin, Ethereum, and Solana. While not as extensive as some other exchanges, it covers all the major assets most UK investors are likely to trade.
eToro is considered highly secure. It uses cold storage for the majority of crypto assets and two-factor authentication (2FA) to protect user accounts. It’s also regulated by the FCA, adding an extra layer of trust for UK investors.
eToro is best for beginners and casual investors who want an easy way to buy crypto and learn from others. Its social trading feature allows users to copy experienced investors, making it perfect for those new to the crypto market.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Coinbase- Beginner-Friendly, Secure, Trusted Brand
Pros & Cons
- Beginner-friendly interface
- Strong security measures
- FCA-registered
- Supports over 390 cryptocurrencies
- Higher fees compared to competitors
- Limited advanced trading features unless using Coinbase Advanced
- Slower customer support response times
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What are the Fees?
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What Cryptocurrencies are Available?
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How Safe is the Exchange?
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Who Is It Best For?
Coinbase charges around 1% per trade, plus a spread fee of 0.5%. Debit card deposits incur a 3.99% fee. Advanced traders using Coinbase Advanced enjoy lower maker-taker fees starting at 0.5% and decreasing with higher volumes.
Coinbase offers over 390 cryptocurrencies, including Bitcoin, Ethereum, Cardano, and many altcoins. It’s one of the widest selections available among FCA-registered platforms, catering to both casual buyers and those exploring newer tokens.
Coinbase is highly secure, storing 98% of customer assets in cold storage. It enforces two-factor authentication and has a strong reputation for protecting user funds. Its compliance with UK regulations adds an extra layer of investor protection.
Coinbase is best for beginners who prioritize ease of use and security. Its simple platform design and clear buying process make it perfect for those new to cryptocurrency who want a safe place to start without technical complexity.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Bitpanda – Best for Wide Asset Selection & Low-Fee Investing
Pros & Cons
- Trade and store more than 600 cryptocurrencies, plus crypto index products
- Certified to ISO 27001 standards
- No fees for deposits or withdrawals
- Beginner-friendly design with straightforward navigation
- Operates with a hot wallet setup—best for active use, not full cold storage
- Assets are held in Bitpanda’s custody, not entirely non-custodial
- Limited DeFi/Web3 features compared to fully self-custody wallets
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What are the Fees?
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What Cryptocurrencies are Available?
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How Safe is the Broker?
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Who Is It Best For?
Using Bitpanda’s wallet comes at no extra cost. Fiat and crypto deposits/withdrawals are fee-free, and users can begin investing with just £1. The platform applies a transparent trading spread, and blockchain network fees only apply when sending crypto externally.
Bitpanda gives access to over 600 digital currencies, from market leaders like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) to a wide selection of altcoins. It also features crypto indices, letting users invest in diversified coin bundles that mirror different areas of the crypto market.
The platform integrates enterprise-level safeguards: ISO 27001 certification, a mix of cold and hot wallet storage, advanced encryption, and two-factor authentication. Regular third-party audits reinforce the strength of its security systems.
UK investors seeking wide crypto coverage at minimal cost. Its simple layout works for first-time buyers as well as experienced investors aiming to diversify their holdings.
DON’T INVEST UNLESS YOU’RE PREPARED TO LOSE ALL THE MONEY YOU INVEST. THIS IS A HIGH-RISK INVESTMENT AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES WRONG.
Uphold - Multi-Asset, Low Minimums, Fewer Features
Pros & Cons
- Multi-asset trading (crypto, stocks, metals)
- Easy account setup
- FCA-registered
- Transparent reserve reporting
- Higher spreads on low-volume assets
- Limited advanced trading features
- Debit card deposit fees are high
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What are the Fees?
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What Cryptocurrencies are Available?
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How Safe is the Exchange?
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Who Is It Best For?
Uphold charges a 1% trading fee plus a spread, which varies by asset. Debit card deposits have a 3.99% fee in the UK. There are no withdrawal fees to UK bank accounts via Faster Payments.
Uphold supports over 60 cryptocurrencies, including popular coins like Bitcoin, Ethereum, and XRP. While the selection is smaller than competitors like Coinbase, it covers most of what casual investors are looking for.
Uphold maintains a 100% reserve model, ensuring user funds are fully backed. It uses two-factor authentication and undergoes third-party audits, providing a strong layer of transparency and security for UK users.
Uphold is best for casual investors who want to diversify across crypto, equities, and commodities within a single platform. It’s particularly useful for beginners who prefer simplicity over complex trading tools.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Which Alternative Platform is Best for You?
Choosing the right Binance alternative depends on your goals. If you value beginner-friendly tools and regulation, eToro or Coinbase are your best bets. For multi-asset trading, Uphold is a strong option.
If you’re an advanced trader, Coinbase offers sophisticated tools, while Bitpanda excels at providing access to niche altcoins. Reflect on what matters most to you, whether it’s fees, features, or security, to find the platform that best suits your trading style.
FAQs
Which is the cheapest Binance alternative?
OKX offers the lowest fees, starting at just 0.08%, making it an affordable alternative. MEXC is also cost-effective, with fees starting at 0.2%.
Are Binance alternatives safe to use in the UK?
Yes, platforms like eToro, Coinbase, and Uphold are highly trusted, with robust security measures and compliance. Always enable two-factor authentication to enhance your security.
Can I find Binance alternatives with more cryptocurrencies?
Absolutely. Platforms like MEXC (350+ coins) and OKX (300+ coins) offer far more cryptocurrencies than Coinbase, making them ideal for users seeking niche or emerging altcoins.
