The Best Coinbase Alternatives UK for 2025
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Risk Warning
The information provided in this article is for educational and informational purposes only and does not constitute financial or investment advice. The future performance of cryptocurrencies, including the low-cap coins listed here, is inherently uncertain and subject to significant market volatility, regulatory changes, and technological developments.
Investing in cryptocurrencies carries a high level of risk, and you should only invest what you can afford to lose. Past performance of these coins does not guarantee future results. Conduct your own research (DYOR), consider seeking advice from a financial professional, and evaluate your risk tolerance before making any investment decisions.
Updated 30/11/2024
Explore our curated list of our top 3 reputable exchanges, each rigorously tested with real funds. All brokers are accessible to traders in the United Kingdom.
Our Ranked List Best Coinbase Alternatives in the UK:
Based on my experience, here’s my ranked list:
- eToro – Best for low fees and social trading.
- Uphold – Ideal for multi-asset trading and flexibility.
- Best Wallet – Quick and convenient for everyday crypto purchases .
- OKX – Best for advanced trading tools and staking rewards.
- MEXC – Exceptional cryptocurrency variety and competitive fees.
Featured Partner - eToro
- Copy Trading
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- Regulated & Trusted
- 30 Million+ Users
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To be candid, I love Coinbase. It is a fantastic platform that caters to both experienced and beginner investors.
But i also understand that some investors may want to play the field. Maybe the altcoin you are after isn’t listed for example.
Whatever your reason for wanting an alternative to Coinbase, there are a considerable number of Crypto Exchanges available.
Over the years, I’ve tested a range of Crypto Exchange platforms, and some stand out as excellent options that I will detail here.
Coinbase Alternatives Comparison Table
| Platform | Supported Cryptocurrencies | Fees (Average) | Unique Feature | Trustpilot Score |
|---|---|---|---|---|
| eToro | 78 | 1% (Spread-based) | Social trading, CopyTrader | 4.4 |
| Uphold | 250 | 0%-1.25% | Multi-asset trading | 3.8 |
| Best Wallet | 150 | Free for deposits | User-friendly wallet features | 3.7 |
| OKX | 300 | 0.08%-0.1% | Advanced trading, staking | 2.5 |
| MEXC | 350 | 0.2%-0.4% | Low fees, extensive altcoins | 1.3 |
| Coinbase | 120 | 1.49%-3.99% | Simple interface, great for beginners | 3.8 |
How We Ranked the Coinbase Alternatives
To rank these platforms, I looked at security, fees, and ease of use, as well as how well they meet UK users’ needs. Trustpilot scores also played a significant role in evaluating user satisfaction, as they reflect real-world experiences. I combined these factors with my personal insights to ensure an honest and reliable ranking.
Here Is Our Breakdown of The Best Coinbase Alternatives:
#1. eToro – Best Overall Exchange & Trading Platform
When I started exploring alternatives to Coinbase, eToro quickly became a standout choice for its unique features and beginner-friendly design. Unlike Coinbase, which focuses solely on cryptocurrency, eToro offers a broader range of investment options, including stocks, ETFs, and commodities. For me, this meant I could manage all my investments on a single platform.
What sets eToro apart is its social trading feature, which allows you to replicate the trades of experienced investors through the CopyTrader tool. This is particularly useful for newcomers who may not yet have the confidence to make independent decisions. I personally found this feature invaluable when I first started out.
eToro’s fee structure is spread-based, starting at 1%, which is more competitive than Coinbase’s transaction fees.
It’s also highly rated, with a Trustpilot score of 4.4, reflecting its popularity among UK users.
However, eToro supports fewer cryptocurrencies (78) compared to platforms like MEXC or OKX.
Pros & Cons
- Social trading options like CopyTrader, ideal for beginners.
- A wide range of investment options beyond cryptocurrency.
- High user satisfaction with a Trustpilot score of 4.4.
- Limited altcoin variety compared to MEXC or OKX.
- Spreads can be higher for less liquid assets.
eToro Vs Coinbase Compared
In my experience, eToro beats Coinbase for its versatility and social features. While Coinbase is simpler for pure cryptocurrency trades, eToro’s multi-asset support and beginner-friendly tools like CopyTrader make it a more well-rounded choice. That said, Coinbase has an edge if you’re looking for a wider range of cryptocurrencies.
#2. Uphold – Best for Trading Multiple Assets
What truly sets Uphold apart is its ability to trade across multiple asset classes, including cryptocurrencies, stocks, and even precious metals. As someone who likes diversifying my investments, this all-in-one platform has been incredibly useful. It supports 250 cryptocurrencies, outpacing Coinbase in terms of variety.
Uphold’s fee structure is slightly different, with a 1.25% spread, which is higher than OKX’s or MEXC’s fees but competitive compared to Coinbase for smaller trades.
Its Trustpilot score of 3.8 indicates solid functionality but highlights room for improvement, particularly with fees.
Pros & Cons
- Supports multi-asset trading, including stocks and metals.
- 250 cryptocurrencies available, more than Coinbase.
- Recurring buy options for passive investment strategies.
- 1.25% spread can be costly for frequent trades.
- Limited staking options compared to OKX.
Uphold Vs Coinbase
Uphold’s edge lies in its multi-asset trading functionality and broader crypto variety. While Coinbase offers better transparency on fees, Uphold is the go-to platform for users looking to diversify their investments across asset classes.
#3. Best Wallet – Best for Quick Buys In App
For those folks that sometimes require a quick crypto purchase, Best Wallet is my go-to solution.
It’s designed for simplicity, making it perfect for casual users or anyone new to crypto.
The no deposit fees and instant transactions are major perks, especially compared to Coinbase, where transaction costs can add up over time.
Best Wallet also integrates seamlessly with other platforms, which is handy when transferring funds between exchanges.
Its Trustpilot score of 3.7, the highest among these platforms, reflects its ease of use and reliability for quick transactions.
Pros & Cons
- No deposit fees, making it cost-effective for small transactions.
- Instant transaction processing for fast buys and transfers.
- Beginner-friendly interface for hassle-free navigation.
- Lacks advanced trading tools.
- Limited brand awareness as new to the market.
Best Wallet Vs Coinbase
For quick buys, Best Wallet is far more convenient than Coinbase, thanks to its instant transactions and zero deposit fees. However, Coinbase offers a more comprehensive suite of features for those seeking advanced trading tools or regulatory oversight.
#4. OKX – Best for Advanced Trading Tools and Staking Rewards
OKX stands out for its advanced trading tools and staking rewards, making it a favourite among experienced traders like me.
The platform supports 300 cryptocurrencies and offers fees starting at just 0.08%, making it far cheaper than Coinbase.
One feature I particularly appreciate is OKX’s DeFi wallet integration, which allows for seamless staking and yield farming opportunities.
While its interface is slightly more complex, it’s well worth the effort for those seeking sophisticated trading options.
Its Trustpilot score of 2.5 indicates a lot of room for improvement.
Pros & Cons
- Low trading fees, starting at 0.08%.
- Excellent for staking and DeFi opportunities.
- 300 cryptocurrencies supported, catering to diverse portfolios.
- The interface can feel overwhelming for beginners.
- Fewer fiat deposit options compared to platforms like eToro.
OKX Vs Coinbase
OKX outshines Coinbase with its low trading fees and robust staking opportunities. For advanced traders, the wide range of tools and DeFi integration make it an excellent alternative. However, Coinbase still holds an advantage for beginners due to its simpler interface and broader fiat options.
#5. MEXC – Best for Cryptocurrency Variety and Competitive Fees
MEXC is a powerhouse when it comes to offering a vast range of cryptocurrencies. With over 350 coins available, it’s one of the most comprehensive platforms for altcoin enthusiasts like me.
I’ve found its fees incredibly competitive, starting at just 0.2%, making it far cheaper than Coinbase for most trades.
The platform is particularly attractive for traders looking to explore niche coins that aren’t listed on mainstream exchanges.
While MEXC lacks some advanced features like multi-asset trading, its focus on crypto diversity and affordability makes it a go-to for many UK users.
Its Trustpilot score of 1.3 reflects a poor level of customer service.
Pros & Cons
- Over 350 cryptocurrencies, more than most platforms.
- Low trading fees, starting at 0.2%.
- Excellent for accessing hard-to-find altcoins.
- Interface may feel overwhelming for beginners.
- Less fiat capatability than most.
MEXC Vs Coinbase
MEXC easily surpasses Coinbase in terms of cryptocurrency variety and affordability but MEXC just doesn’t have the level of trust that Coinbase has.
While Coinbase’s interface is more beginner-friendly, MEXC is the better choice for those who want access to rare altcoins and lower fees.
Which Alternative Platform is Best for You?
The best Coinbase alternative depends on your goals. If you’re after low fees and beginner-friendly tools, eToro is a solid choice. Those looking for diversified investment options may prefer Uphold, while Best Wallet offers unparalleled convenience for quick purchases.
Advanced traders will appreciate OKX’s sophisticated tools and staking rewards, and altcoin enthusiasts will find MEXC’s extensive cryptocurrency offerings unmatched. Ultimately, the right platform depends on what features matter most to you, whether it’s low fees, cryptocurrency variety, or advanced tools.
FAQs
OKX is one of the cheapest options, with fees starting at just 0.08%. MEXC is another affordable alternative, with trading fees as low as 0.2%, compared to Coinbase’s higher flat fees.
Yes, platforms like eToro, Uphold, and OKX have strong security measures. Always enable two-factor authentication and research user reviews, such as Trustpilot scores, to gauge platform reliability.
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.
Top 5 Exchanges
1
eToro
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.
2
Coinbase
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.
3
Uphold
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.
4
MEXC
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.
5
OKX
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.
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.
You May Also Like:
References:
Investopedia – Best Cryptocurrency Exchanges of 2023
https://www.investopedia.com/best-cryptocurrency-exchanges-5071855
Forbes – Best Crypto Exchanges for UK Users in 2024
https://www.forbes.com/advisor/uk/investing/best-crypto-exchanges-uk/
BBC News – Understanding Cryptocurrency: A Beginner’s Guide
https://www.bbc.com/news/business-51281233
Trustpilot – User Reviews for Cryptocurrency Exchanges
https://uk.trustpilot.com/categories/cryptocurrency_exchange
CoinDesk – Comprehensive Guide to Cryptocurrency Trading Platforms
https://www.coindesk.com/learn/best-crypto-trading-platforms
Our #1 Recommended Crypto Wallet & Exchange Platform in the UK
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.