Best Crypto Exchanges In The UK 2025
Crypto trading lets you gain exposure to digital assets like Bitcoin and Ethereum without relying on traditional finance. Explore our 2025 list of trusted, FCA-registered crypto exchanges—tested with real funds and available to UK traders.
eToro
Exchange Score: 4.7/5
61% of retail CFD accounts lose money.
Coinbase
Exchange Score: 4.5/5
Investing in crypto carries a high level of risk.
Quick Answer: What's the Best Crypto Exchange in the UK?
For most UK users, eToro is the best all-around crypto exchange. It offers a user-friendly platform, strong security features, FCA regulation, and a wide range of features beyond just buying and selling crypto, like social trading. While other options might have lower fees or more cryptocurrencies, eToro excels in overall ease of use and beginner-friendliness for UK investors.
What are the best UK crypto exchanges Ranked?
| Rank | Exchange | Trustpilot Score | Beginner Score | Fees | GBP Deposit Methods |
|---|---|---|---|---|---|
| 1 | eToro | 4.2 | 5.0 | ~1% + market spread | Bank transfer, debit card, Neteller, Skrill, eToro Money |
| 2 | Coinbase | 3.9 | 4.8 | ~1% + 0.5% spread fee | Bank transfer, debit card, PayPal |
| 3 | Bitpanda | 3.9 | 4.2 | Up to ~1.49% | Bank transfer, debit card, Skrill, Neteller, PayPal |
| 4 | Uphold | 4.5 | 4.0 | 0.8–1.5% spread (varies by asset) | Bank transfer, debit card, Apple Pay, Google Pay |
| 5 | OKX | 2.0 | 3.4 | Maker/taker from 0.08% | Bank transfer, debit card, crypto, Apple Pay |
| 6 | MoonPay | 4.1 | 2.6 | ~1.5% (varies by payment method) | Debit/credit card, Apple Pay |
Here are the Top 6 Best Crypto Platforms in the UK:
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
- Choose from more than 600 cryptocurrencies, plus crypto index products
- Security standards backed by ISO 27001 certification
- Deposit and withdraw funds without paying fees
- User-friendly design tailored for beginners and experienced traders
- Hot wallet setup—not designed for long-term cold storage
- Platform custody means it isn’t fully non-custodial
- Less Web3 and DeFi functionality compared with some competitor 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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The wallet itself is free. Deposits and withdrawals—whether in crypto or fiat—carry no extra charges. With a minimum starting point of just £1, users only face a transparent spread on trades. Blockchain network fees apply solely when moving crypto outside of Bitpanda.
Bitpanda lists over 600 digital currencies, from more well known assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) to a wide variety of altcoins. Crypto indices are also available, offering pre-bundled selections of assets that track different parts of the crypto ecosystem.
Security is built in at every level, with ISO 27001 certification, advanced encryption, cold wallet integration, and multi-factor authentication. Regular third-party audits verify that safeguards remain robust and up to date.
Bitpanda is designed for UK investors seeking wide crypto access with minimal fees. It’s a great option for beginners investing small sums, as well as for seasoned traders who want to expand and 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.
OKX - Low Fees, Advanced Features, Less Regulated
Pros & Cons
- Very low spot trading fees
- Advanced trading features (futures, margin)
- High liquidity for major cryptocurrencies
- Not FCA-regulated
- Limited fiat on-ramp options
- Interface can be complex for beginners
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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?
OKX charges 0.08% maker and 0.1% taker fees on spot trades, with lower rates for high-volume traders. Futures trading fees start at 0.02% maker and 0.05% taker. Crypto deposits are free, but withdrawal fees vary by asset.
OKX offers access to over 200 cryptocurrencies, including major coins and a wide selection of altcoins. It’s a strong choice for users who want more trading options beyond just Bitcoin and Ethereum.
OKX uses cold storage for most customer funds and supports two-factor authentication. However, because it’s not FCA-regulated, UK users don’t get the same local protections as with FCA-registered platforms.
OKX is best for experienced traders who want access to advanced features like margin and futures trading. It’s ideal for users who prioritize low fees and deep liquidity over beginner-friendly design or local regulation.
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.
MoonPay – Streamlined, Transparent, and Secure
Pros & Cons
- Fast and easy crypto purchases
- Transparent pricing
- High security standards
- Higher fees for instant buys
- Limited cryptocurrency selection
- No trading or advanced features
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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?
MoonPay typically charges around 4.5% for card purchases. Crypto-to-crypto conversions have variable but generally lower fees. Network fees apply separately depending on the blockchain and transaction type.
MoonPay offers around 80 cryptocurrencies, covering major assets like Bitcoin, Ethereum, and Litecoin. It’s enough for typical buyers but lacks the broader altcoin range seen on larger exchanges.
MoonPay is considered secure, using bank-grade encryption and two-factor authentication to protect user transactions and data. While not a full exchange, its simple buying process minimizes exposure to platform risks.
MoonPay is best for investors who want a fast, no-frills way to purchase crypto directly with a card. It’s a good fit for beginners looking for a straightforward buying experience without the need for trading features.
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.
What is a Crypto Exchange?
A crypto exchange is a platform that allows users to buy, sell, and trade cryptocurrencies. It acts as a marketplace where buyers and sellers meet, facilitating the exchange of digital assets using order books or direct purchase methods.
What Are the Different Types of Cryptocurrency Exchanges?
Cryptocurrency exchanges fall into three main types: custodial, non-custodial, and decentralized (DEXs). Each type offers a different balance of control, security, and ease of use, catering to different investor preferences and experience levels.
What Is a Custodial Exchange?
A custodial exchange manages and stores your crypto assets on your behalf. It offers convenience and liquidity but requires you to trust the platform’s security measures to protect your funds.
Examples: Coinbase and Binance
What Is a Non-Custodial Exchange?
Non-custodial exchanges let users trade crypto directly from their wallets, without handing over control to a third party. They offer greater security and privacy but can be less user-friendly and have lower liquidity.
Examples: ShapeShift and Changelly
What Is a Decentralized Exchange (DEX)?
A decentralized exchange (DEX) operates without intermediaries, using smart contracts to enable peer-to-peer trading. DEXs promote privacy and censorship resistance but often have lower liquidity and can be complex for beginners.
Examples: Uniswap and SushiSwap
What are the Pros and Cons of Each?
| Exchange Type | Advantages | Disadvantages |
|---|---|---|
| Custodial Exchanges | Easy to use High liquidity | Higher security risks Less personal control |
| Non-Custodial Exchanges | Enhanced security Full control of assets | Less intuitive Slower transactions |
| Decentralised Exchanges (DEXs) | Strong decentralisation Minimal censorship risk | Lower liquidity Challenging for new users |
Should I use a custodial, non-custodial, or decentralised exchange?
Custodial exchanges are often the easiest place to start, especially for beginners, though they do require a degree of trust in the platform to keep your funds secure. In contrast, non-custodial exchanges hand full control of your assets back to you — but that control comes with extra responsibility and a steeper learning curve.
Decentralised exchanges (DEXs) take things a step further by removing intermediaries altogether, offering greater privacy and independence. However, they can be daunting for newcomers and carry higher risks if you’re not familiar with self-custody. The best choice ultimately depends on your comfort level with security, convenience, and control.
What Factors Should You Consider When Choosing the Right Platform?
Choosing the right crypto platform depends on several factors, including security, regulation, fees, user experience, market variety, and customer support. Balancing these elements ensures a safer, smoother investing experience that matches your trading goals and comfort level with risk.
How Important Is Security?
Security is crucial. Without strong protections like two-factor authentication and cold storage, your crypto assets are vulnerable to hacks and theft. Always choose platforms with robust security protocols and a proven track record of safeguarding customer funds.
Why Does Regulation Matter?
What Fees Should You Look Out For?
How Does User Experience Affect Your Choice?
Why Is Market Variety Important?
A broad selection of cryptocurrencies allows you to diversify your portfolio and access emerging opportunities. Platforms with more trading pairs give you the flexibility to invest beyond major coins like Bitcoin and Ethereum.
How Critical Is Good Customer Support?
Reliable customer support matters when things go wrong. Whether it’s account access issues or transaction delays, fast and helpful service can prevent small problems from becoming major headaches. Look for 24/7 live chat or strong support reputations.
What Else Should UK Investors Keep in Mind?
UK investors should consider how crypto is regulated, the tax obligations they face, and how to stay compliant with HMRC. Understanding these areas helps protect your investments and ensures you meet all legal responsibilities when trading or holding crypto assets.
How Are Cryptocurrencies Regulated?
In the UK, cryptocurrencies are regulated mainly for anti-money laundering purposes. The Financial Conduct Authority (FCA) oversees registered crypto firms, but crypto investments are not covered by the Financial Services Compensation Scheme, so investor protections are limited.
Do You Need to Pay Tax on Crypto in the UK?
Yes, crypto transactions are taxable in the UK. HMRC treats cryptocurrency as property, meaning you may owe Capital Gains Tax (CGT) when selling or exchanging crypto. Some activities, like mining or staking, can also trigger Income Tax.
What Taxes Apply When You Receive Cryptoassets?
Receiving crypto through mining, staking, or as payment is usually treated as income by HMRC. This means you may need to pay Income Tax and National Insurance contributions based on the fair market value at the time you receive it.
What Happens Tax-Wise When You Sell Crypto?
When you sell, swap, or spend crypto, you may be liable for Capital Gains Tax if your gains exceed the annual allowance. It’s important to track all transactions carefully to calculate gains accurately and report them to HMRC.
How Can You Avoid Getting Fined by HMRC?
To avoid penalties, keep detailed records of all crypto transactions, including dates, amounts, and GBP values. File accurate tax returns on time, and consider consulting a tax advisor if your crypto activity is significant or complex.
Conclusion: Which Exchange Should I Choose?
When choosing a crypto exchange, think about what matters most to you — security, fees, ease of use, regulation, market range, and customer support. Each platform has its own strengths: eToro stands out for its beginner-friendly design, while Coinbase appeals to experienced traders with a wider selection of markets. The best choice depends on how you trade and how much control you want over your assets.
If you’re just starting out, take your time to research and compare the top UK exchanges. Check trusted sources like the Financial Conduct Authority (FCA) register and respected crypto news sites to make sure you’re getting accurate, up-to-date information. The right exchange won’t just make trading easier — it can also give you more confidence and security in your investment journey.
Top 5 Exchanges
1
eToro
Investing in crypto carries a high level of risk.
2
Coinbase
Investing in crypto carries a high level of risk.
3
Bitpanda
Don’t invest unless you’re prepared to lose all the money you invest.
4
Uphold
Investing in crypto carries a high level of risk.
5
OKX
Investing in crypto carries a high level of risk.
FAQs
How can I find a crypto exchange with a wide range of crypto assets?
To find a crypto exchange in the UK offering a wide range of crypto assets, consider platforms like Binance or MEXC. These exchanges are known for their extensive selection of cryptocurrencies, catering to both novice and experienced traders looking for diversity in their investments.
Are there any decentralised exchanges operating in the UK?
Yes, there are decentralised exchanges (DEXs) available to UK users, offering an alternative to centralised platforms by enabling direct peer-to-peer transactions without the need google pay for an intermediary. Popular DEXs include Uniswap and SushiSwap, which support a variety of crypto assets but often you cannot fund your account via bank transfers!
What should I look for in crypto trading platforms regulated in the UK?
When searching for crypto trading platforms regulated in the UK, prioritize those that comply with local financial regulations, offer robust security measures, provide transparent fee structures, and support a wide range of cryptocurrencies. Regulated platforms like eToro and Coinbase ensure a safer trading environment for UK investors.
How do I ensure my digital assets are safe with crypto exchanges?
To ensure your digital assets are safe with crypto exchanges, choose platforms that implement strong security protocols such as two-factor authentication (2FA), cold storage for the majority of funds, and regular security audits. Additionally, consider exchanges that offer insurance policies or are part of the Financial Services Compensation Scheme (FSCS) for added protection.
How do you buy cryptocurrency?
To buy cryptocurrency, you need to create an account with a cryptocurrency exchange where you can trade traditional currency, like dollars or euros, for digital coins.
What’s the difference between a crypto exchange and a crypto broker?
References
- Cryptocurrency Exchanges: What They Are and How to Choose
- Crypto Exchanges: What Investors Need To Know
- Bitcoin: Crypto fans can now invest in exchange-traded funds – but what are they? – BBC News
- UK sets out plans to regulate crypto and protect consumers – GOV.UK
- Registered Cryptoasset Firms
- Trustpilot Reviews
