Best Low Fee Crypto Exchanges In The UK 2025
Discover our curated list of reputable, low-fee crypto exchanges for 2025, each rigorously tested with real funds. All exchanges are accessible to traders in the United Kingdom, offering cost-effective trading options for both beginners and experienced investors.
Coinbase
Low Fee Score: 4.9/5
Investing in crypto carries a high level of risk.
OKX
Low Fee Score: 4.8/5
Investing in crypto carries a high level of risk.
Quick Answer: What’s the Cheapest Crypto Exchange in the UK?
For UK investors in 2025, Coinbase and OKX lead for low fees, competitive spreads, and broad crypto selection. Bank transfers keep costs minimal, and both platforms remain secure and user-friendly, making them ideal for beginners and active traders alike.
Featured Exchange – eToro
eToro stands out as a leading crypto exchange in the UK, offering a beginner-friendly platform that combines real crypto asset ownership with social trading features. Users can buy, sell, and hold popular cryptocurrencies like Bitcoin, Ethereum, and Solana, alongside traditional assets like stocks and ETFs—all in one place. Its clean interface, strong regulatory standing, and built-in CopyTrader™ functionality make it especially appealing to new and casual investors exploring crypto for the first time.
- Minimum Deposit: $50 (via UK bank transfer)
- Trade and hold real crypto assets (not just CFDs)
- FCA regulated and compliant with UK crypto marketing rules
- User-friendly platform with social trading and mobile app support
- Ideal for beginners and casual investors entering the crypto space
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.
How do the Cheapest Crypto Exchanges Rank?
| Rank | Exchange | Trading Fees (Maker/Taker) | Deposit Fees | Withdrawal Fees | Supported Cryptos |
|---|---|---|---|---|---|
| #1 | Coinbase Advanced | Maker: 0.00%–0.40% / Taker: 0.05%–0.60% | Varies by payment method | SWIFT transfers incur £1 fee | 150+ |
| #2 | OKX | Maker: 0.08% / Taker: 0.10% (with tiered discounts) | Free for bank transfer | Varies by crypto | 350+ |
| #3 | Bitpanda | Spread-based fees (varies by crypto) | Free for bank transfer | Varies by crypto | 600+ |
| #4 | Uphold | No commission; spread from ~0.8%–1.2% | Free for bank transfer | No fees for crypto withdrawals | 250+ |
| #5 | eToro | 1% spread (no direct fees) | Free for bank transfer | $5 per withdrawal | 70+ |
Top 5 Low Fee Crypto Exchanges Reviewed
Coinbase – Best for Beginners Seeking Simplicity
Pros & Cons
- Intuitive, beginner-friendly platform.
- FCA-regulated and secure with 2FA.
- Supports 150+ cryptocurrencies with easy fiat deposits.
- Higher fees compared to advanced platforms.
- Limited advanced trading tools.
- Withdrawal fees may apply for certain payment methods.
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What are the Fees?
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What Cryptocurrencies Are Available?
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How Safe is the Platform?
Standard Coinbase trading fees are 0.50%, though Coinbase Pro offers lower rates for active users. Bank transfers are free; card payments include fees. Beginners benefit from simplicity despite slightly higher costs compared to professional platforms.
Coinbase supports 150+ cryptocurrencies, including Bitcoin, Ethereum, and stablecoins. The platform updates its list regularly, making it suitable for both beginners exploring major coins and users gradually expanding into altcoins.
Coinbase is FCA-regulated, stores 98% of funds in cold storage, and offers two-factor authentication. UK clients benefit from strong regulatory oversight and FSCS coverage on GBP deposits, ensuring user security and confidence.
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 – Best for Competitive Fees & Diverse Crypto Markets
Pros & Cons
- Wide range of features with spot, futures, and staking options
- Competitive maker/taker fees with tiered discounts
- Supports 350+ cryptocurrencies across multiple markets
- Advanced charting tools for experienced traders
- Not FCA-regulated in the UK
- May be overwhelming for complete beginners
- Limited direct fiat on-ramps compared to simpler exchanges
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What are the Fees?
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What Cryptocurrencies Are Available?
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How Safe is the Platform?
OKX offers some of the lowest trading fees among major exchanges. Standard rates start at 0.08% maker / 0.10% taker, with significant discounts available for high-volume traders or holders of OKB, the platform’s native token. Deposits via bank transfer are generally free, while withdrawal costs vary by crypto asset and network conditions.
Users can access 350+ digital assets, including leading tokens like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as a wide variety of altcoins. The platform also supports DeFi tokens, stablecoins, and emerging projects, offering strong breadth for investors.
OKX implements multi-layered security, including hot/cold wallet segregation, multi-factor authentication, anti-phishing codes, and industry-standard encryption. The platform also maintains an insurance fund to help cover unexpected losses, but it is important to note that it is not FCA-regulated 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.
Bitpanda – Best for a Wide Asset Selection & Low-Fee Investing
Pros & Cons
- Large selection of 600+ cryptocurrencies.
- Low-fee deposits via bank transfer.
- User-friendly interface with beginner and advanced options.
- Spread-based fees can vary per crypto.
- Limited advanced trading charts for professionals.
- Customer support response times can be slow.
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What are the Fees?
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What Cryptocurrencies Are Available?
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How Safe is the Platform?
Bitpanda uses spread-based fees that differ by cryptocurrency. Bank transfers are free, while other methods vary. Overall, the platform is affordable for diverse trading, especially for investors holding multiple altcoins.
Bitpanda supports 600+ cryptocurrencies, including Bitcoin, Ethereum, and emerging altcoins. It allows fractional investing, staking, and portfolio diversification, appealing to UK traders seeking wide market coverage.
Bitpanda implements 2FA, cold storage for most funds, and conducts regular security audits. Client funds are segregated, providing robust protection for investors 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.
Uphold – Best for Transparent Spreads & Multi-Currency Support
Pros & Cons
- Easy-to-use platform with quick onboarding
- FCA-registered for added regulatory oversight in the UK
- Supports 250+ cryptocurrencies, plus metals, equities, and FX trading
- Transparent pricing with spreads rather than hidden fees
- Spreads are typically higher than some advanced exchanges
- Limited advanced trading and charting tools
- Withdrawal fees may apply depending on method and currency
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What are the Fees?
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What Cryptocurrencies Are Available?
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How Safe is the Platform?
Uphold charges no commission but applies spreads, usually ranging from 0.8% to 1.2% on major cryptocurrencies. Deposits by bank transfer are free, and most crypto withdrawals are fee-free. However, network fees and certain fiat withdrawal charges may apply depending on the payment method.
The platform supports 250+ digital assets, including popular coins like BTC, ETH, and XRP, alongside a wide variety of altcoins. Beyond crypto, Uphold also allows access to metals (like gold and silver), fiat currencies, and US equities—all tradable within one account.
Uphold operates with FCA registration in the UK, bringing added credibility. Security includes multi-factor authentication, encryption, and cold storage measures. Its “transparency page” also provides real-time proof of reserves, so users can verify that their funds are fully backed.
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.
eToro – Best for Combining Crypto and Traditional Assets
Pros & Cons
- Combines crypto with stocks, ETFs, and commodities.
- Social trading features for beginners and advanced users.
- FCA-regulated and strong security measures.
- Spread-based fees are slightly higher.
- Limited range of advanced crypto tools.
- Withdrawal fees may apply for small amounts.
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What are the Fees?
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What Cryptocurrencies Are Available?
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How Safe is the Platform?
eToro uses a 1% spread with no direct trading fees. Deposits are free via bank transfer, while withdrawals cost $5. The platform is cost-effective for diversified traders combining crypto with traditional assets.
eToro supports 70+ cryptocurrencies, including major coins and popular altcoins. Traders can diversify with CFDs or direct crypto ownership, making it suitable for both beginners and more experienced investors.
eToro is FCA-regulated, uses segregated client accounts, two-factor authentication, and robust cybersecurity measures. UK users benefit from strong legal protection, ensuring funds and personal data remain secure.
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 Fees Will You Pay When Using a Crypto Exchange in the UK?
UK crypto exchanges charge trading fees, spreads, and sometimes deposit/withdrawal costs. Fees vary by platform, payment method, and trade volume. Understanding these costs upfront ensures you maximize profits and select an exchange that balances low fees with security and features.
What Are Trading Fees and How Do They Work?
Trading fees are charged per buy or sell order, often as a percentage of the trade (maker/taker). Lower fees reward high-volume traders, while spreads may apply. Some platforms offer tiered rates or discounted fees for using their native tokens.
What Deposit and Withdrawal Fees Should You Expect?
Deposits via bank transfer are usually free; cards may include 1–2% fees. Withdrawals can incur fixed fees or percentage-based costs. Cryptocurrency withdrawal fees vary by token and blockchain network congestion, so always check before executing a transaction.
How Does Capital Gains Tax (CGT) Affect Crypto Traders in the UK?
UK residents must pay CGT on profits from crypto sales exceeding the annual allowance (£6,000 in 2025). Losses can offset gains. Taxes apply to exchanges, wallets, and swaps, so maintaining accurate records is essential for compliance and tax efficiency.
How Can You Reduce Your Crypto Trading Fees?
You can lower fees by selecting exchanges with low spreads, using bank transfers instead of cards, participating in loyalty or referral programs, trading higher volumes for discounts, and leveraging native tokens that provide discounted trading on some platforms.
Are There Fee Discounts for High-Volume Trading?
Yes. Many exchanges offer tiered fee structures, rewarding traders with lower fees as 30-day trading volume increases. High-volume traders can benefit from substantial cost reductions, especially on professional platforms with maker/taker models.
Can You Lower Fees by Using Native Tokens or Loyalty Programs?
Exchanges like Binance or KuCoin allow trading with native tokens, providing up to 25–50% fee discounts. Loyalty programs, referral bonuses, or staking can also reduce costs, making crypto trading cheaper for frequent users or long-term investors.
Is It Cheaper to Use Bank Transfers Instead of Cards?
Yes. Bank transfers are generally free or low-cost, while card payments often include 1–2% fees. Using SEPA, Faster Payments, or ACH options helps reduce deposit costs, especially for larger transactions, saving traders significant money over time.
What Other Factors Should You Consider When Choosing a Crypto Exchange?
Beyond fees, consider security measures, regulatory compliance, customer support, cryptocurrency selection, platform usability, and research tools. A reliable exchange balances affordability with strong protection, legal oversight, and quality features to ensure safe and effective trading.
Why Is Exchange Security So Important?
Security protects funds and personal data from hacks or theft. Look for cold storage, two-factor authentication, encryption, and regular audits. A secure exchange minimizes risk and ensures peace of mind for UK traders, especially when dealing with large balances or volatile assets.
How Does Regulation Protect You as a UK Investor?
FCA-regulated exchanges must follow strict financial rules, segregate client funds, and comply with anti-money laundering laws. This reduces risk of fraud and ensures recourse in disputes. Regulation also provides FSCS protections for GBP deposits, enhancing investor confidence.
How Good Is the Exchange’s Customer Support?
Responsive customer support is critical for resolving account issues, transaction problems, or security concerns. Look for multiple channels (live chat, email, phone) and fast response times. Strong support ensures smooth trading and reduces stress for new and experienced users alike.
Final Verdict: Which Low-Fee Crypto Exchange Should You Use in the UK?
Choosing the right exchange depends on fees, security, usability, and available cryptocurrencies. Coinbase Advanced and Kraken suit low-fee, serious traders, while Coinbase and Bitpanda appeal to beginners. eToro is ideal for mixing crypto with traditional assets safely.
Top 5 Exchanges
1
Coinbase
Investing in crypto carries a high level of risk.
2
OKX
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
eToro
Investing in crypto carries a high level of risk.
FAQs
What is the cheapest crypto exchange for UK users?
Coinbase Advanced and OKX are among the lowest-cost platforms, especially for high-volume traders using bank transfers. Exact costs depend on trading volume and funding methods.
Are crypto exchanges in the UK regulated?
Some, like Coinbase and eToro, are FCA-registered for AML compliance. However, crypto itself isn’t regulated as a financial product in the UK.
How do crypto exchanges make money if they offer low trading fees?
They earn from trading and withdrawal fees, spreads, FX conversions, and premium services like staking or token utilities.
What is the difference between spot trading and crypto CFDs?
Spot trading involves buying real crypto. CFDs are leveraged derivatives that let you trade price movements without owning the asset.
Can I deposit GBP directly into a crypto exchange?
Yes, via Faster Payments or debit card. Bank transfers are usually free; card deposits may incur higher fees.
References
- Financial Conduct Authority (FCA) – Cryptoasset Firm Register
- Coinbase Advanced – Fee Schedule
- OKX – Fees and VIP Trading Tiers
- eToro UK Ltd – Crypto Trading Fees
- Coinbase – UK Deposit and Withdrawal Fees
- HMRC – Cryptoassets Manual (CGT Guidance)
