Thadeus Geodfrey and finance are inseparable. He is a versatile expert with a strong cryptocurrency and market analysis background. Thadeus provides a unique blend of technical and strategic insights as a seasoned financial writer. His overarching probe and attention to detail inspire the InvestingGuide community. He guides you through the continuously evolving market landscape to build solid investments or make successful trades.
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The UK crypto market keeps changing, and finding a reliable exchange isn’t easy. Banks block transfers, fees add up fast, and some platforms suddenly stop serving British users. I’ve tested them all to find which ones actually work in 2025.
As an investor in the crypto landscape, you need an exchange with quick GBP deposits, fair fees, and solid security. Most importantly, it must be trustworthy, meaning no sudden account freezes or withdrawal problems.
Below, I share the few platforms that still deliver for UK traders and investors. I will take you through their features, and more so, you can make the best choice and decisions for your activities.
List of Crypto Trading Platforms
Here are my handpicked cryptocurrency platforms after multiple tests and comparisons.
- eToro – Best Overall Platform
- Kraken – Best UK Exchange for Advanced Crypto Traders
- Exodus – Best Platform for Beginners
- Crypto.com – Best All-in-One UK Crypto Exchange
Compare Exchanges Table
According to CoinMarketCap data, cryptocurrency’s total global market capitalisation is around $2.67 trillion. This shows how quickly the tokens are gaining traction due to their profit potential and seamless transactions. However, while they can earn you profits, there are risks involved. You can mitigate them by understanding the market, having a solid plan/strategy, and identifying a reliable exchange.
The UK market hosts hundreds of regulated and unregulated crypto exchanges. Some are good, and others are terrible. So, how did I sift out deplorable entities and isolate the best service providers in the UK? Well, the process wasn’t easy, and I will take you through it later in this guide. First, here is my comparison table with essential elements that make my top cryptocurrency exchanges stand out.
Best UK Crypto Exchange | Exchange Type | Support Service | Supported Coins | Digital Wallet |
---|---|---|---|---|
eToro | Centralised | 24/5 | 100+ | Yes |
Kraken | Centralised | 24/7 | 200+ | Yes |
Exodus | Decentralised | 24/7 | 300+ | Yes |
Crypto.com | Centralised | 24/7 | 350+ | Yes |
Fees & Commissions
Before kicking off your cryptocurrency venture, it is crucial to have a budget and choose an exchange that fits it. You do not want to end up overspending and getting frustrated once you are fully committed simply because you overlooked this element.
To ensure you identify an affordable crypto trading platform in the UK, I have prepared a table below summarising some of the costs you will incur. Understand that while some exchanges do not charge transaction costs, you may incur network or gas fees to the blockchain to facilitate transactions.
Fees
Crypto Exchange | Commissions/Spreads | Transaction Costs | Minimum Deposit Requirement | Inactivity Fee |
---|---|---|---|---|
eToro | 1% buy/sell, 0.1% trade | £5 fiat withdrawal | £100 | £10 monthly |
Kraken | From 0.0% – 0.4% maker/taker fees | Withdrawal fee varies, depending on the asset. | £10 | None |
Exodus | No fees | None | None | None |
Crypto.com | From 0.0%/ 0.1% maker/taker fees | Withdrawal fee varies, depending on the asset. | None | None |
Exchanges Reviews
I have worked with some of the top financial institutions in the UK. I am confident in my expertise as I have been able to make a difference in many investors’ activities. My love for finance led me to conduct more research and test numerous crypto trading platforms in the UK to recommend the best. The entities below are outstanding and reliable, so feel free to compare their features for informed decisions.
1. eToro – Best Overall Platform
After exploring numerous trading platforms, I found eToro to be the best overall choice in the UK. What stood out to me first was how simple and intuitive the platform is. Whether using the official website or the mobile app, the experience is seamless even for beginners looking to invest in crypto for the first time.
eToro offers over 100 digital assets, including Ethereum, Litecoin, and more. It also allows you to purchase, sell, and trade Bitcoin. One of the features I appreciate most is the integrated eToro Money crypto wallet. This eliminates the need for third-party wallets and the security risks that come with them. It makes storing and transferring crypto much easier.
Another reason I recommend eToro is its staking feature. Users can buy and stake supported assets, earning passive rewards while holding their investments. On top of that, eToro isn’t just about crypto. It also offers trading in forex, commodities, and CFDs on ETFs, making it a great platform for portfolio diversification.
Pros
- User-friendly web interface and mobile app
- Offers a vibrant crypto community to copy traders
- Safeguards client assets with military-grade offline storage infrastructure
- Allows newbies to upgrade their skills from the eToro Academy
- Virtual portfolios are available
Cons
- Fewer crypto assets than other exceptional exchanges
- Higher coin transfer fees than its peers
If there’s anything that can eat away at your profit margins, it’s unnecessary costs. Thankfully, eToro fees UK are reasonable and pocket-friendly. We acquired a new account without paying a single cent, which was quite a relief. We also noticed that you can enjoy free deposits by using USD. That said, eToro supports many other currencies, including GBP, EUR, and RMB.
You will incur conversion fees if you use any currency other than USD. And if you use any currency that eToro doesn’t support, you must pay conversion fees to your payment provider. The exact conversion fees you may incur at any moment will depend on various factors, including your preferred currency and payment method.
Please note that eToro subjects each withdrawal request to a £5 fee. The platform uses this money to pay expenses arising from international money transfers. Most importantly, you can’t withdraw less than £30 from the eToro trading platform.
While depositing money into our account, we noticed that eToro has strict minimum deposit requirements. Britons using this platform have to deposit at least £100 the first time. Afterwards, you can fund your account with as little as £10, depending on your preferred payment method.
Commission-wise, eToro is very friendly to people who trade ETFs or invest in real stocks since the broker charges 0% for these assets. On the other hand, if you buy or sell crypto on this platform, expect to pay a 1% fee. CFD trading also attracts variable spreads depending on the involved instruments. For instance, the spreads for currencies and commodities start from 1 pip and 2 pips, respectively.
Not to forget, eToro charges a £10 monthly inactivity fee that kicks in after 12 months of dormancy.
2. Kraken – Best UK Exchange for Advanced Crypto Traders
From my experience, Kraken is a top choice for advanced crypto traders in the UK. With over 200 digital assets available, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), it offers plenty of options to diversify your portfolio.
What stands out to me is Kraken’s powerful trading platform. It integrates with TradingView, giving users access to advanced charting and technical analysis tools. The ability to customise charts to match specific strategies makes a huge difference when trading.
Security is another strong point for Kraken. It employs robust measures like two-factor authentication (2FA) and encryption, ensuring your assets are protected. Plus, the platform’s API allows for seamless integration with third-party tools like trading bots and portfolio management services.
For those who prefer trading on the go, Kraken’s mobile app makes placing advanced orders anytime, anywhere, simple and efficient.
Pros
- Protect client funds and assets with industry-leading security
- Allows users to maximise returns with deep liquidity and minimum slippage
- Premium users can execute orders exceeding £10,000 with Kraken OTC
- Supports flexible funding options, including crypto, cash, and cards
- Highly customisable trading modules are available
Cons
- Fewer crypto assets than other industry leaders
- Higher fees for low-volume traders
Opening a Kraken account won’t cost you anything. The Kraken wallet is also free to acquire and use. That said, while trading with this review, you will be required to cover maker/trader fees starting from 0.00%/0.10%. But, to enjoy such low costs, you must have a high 30-day trading volume. Otherwise, if your 30-day trading volume is low, you may be subjected to higher maker/trader fees of up to 0.25%/0.40%.
With that in mind, many of the crypto assets supported by Kraken come with zero address setup and deposit fees. However, they have minimum deposit requirements. You should pay close attention to the latter since any deposits below the stipulated minimum are lost forever.
Also, note that Kraken allows users to trade with leverage. However, this optional and advanced feature can increase overall costs with additional rollover and margin opening fees. You will be exposed to higher charges if you purchase, sell, or convert your assets with the Instant Buy/Sell feature.
Finally, Kraken charges zero account maintenance, inactivity, and storage fees.
3. Exodus – Best Platform for Beginners
Are you new to crypto trading? Starting out can be tricky since, in normal circumstances, you have to follow a long process. This is from signing up with an exchange to finding a suitable digital wallet. Luckily, you can avoid extra headaches by working with Exodus.
I highly recommend Exodus to novices because the platform is a wallet and an exchange. With it, you won’t have to deal with 2 different platforms. Moreover, it has a user-friendly interface that is intuitively designed to facilitate effortless navigation. This is especially where crypto newbies are involved.
I also noticed that Exodus allows beginners to buy, sell, and store crypto assets without any hassles. On top of that, it offers desktop, mobile, and Web3 wallets. You can also connect Exodus with a Trezor hardware wallet. And when it comes to learning resources availability, Exodus’ vast Knowledge Base program has countless articles that address the basics of crypto trading.
Pros
- Simplified, stylish, and beginner-friendly user interface
- Combines a secure exchange with a top-tier wallet
- Over 300 cryptos are available, including BTC and ETH
- A wide range of helpful educational resources
- Zero fees on trading crypto
Cons
- Users can’t optimise security with 2FA
- Limited functionalities compared to its peers
The best thing about Exodus is the wallet is free. You can get it today without incurring any expenses. Moreover, despite having exceptional features and top-notch security, it has zero storage fees.
Lastly, Exodus users don’t have to pay additional charges to receive or send supported crypto assets like Bitcoin and Ethereum. The only fees you’ll incur while using this wallet are network fees, which go straight to the concerned network, not Exodus’ coffers.
Visit the company’s website for more information about Exodus wallet fees.
4. Crypto.com – Best All-in-One UK Crypto Exchange
Singapore-based Crypto.com is the best option for traders who need an exchange with an extensive ecosystem. While exploring it, I discovered over 300 popular pairs, from ALGO/BTC to BTC/USD. Crypto.com exchange users can also increase their potential returns with up to 10x leverage.
Another stand out feature I was impressed with at Crypto.com is that it offers a non-custodial wallet. This makes it easier for its users to access various DeFi services. For instance, you can use this wallet to hold stakeable assets and earn rewards. You can also use it to explore a broad range of popular Dapps. Moreover, the wallet allows users to view NFTs, discover their rare traits, and share them on social media.
Overall, I urge you to consider trading with Crypto.com because this excellent exchange accepts crypto and fiat deposits. Not to mention, the company supports numerous popular payment methods, including Visa, Google Pay, and Apple Pay.
Pros
- Users can trade over 350 crypto assets
- Excellent customer support services
- Up to 5% cash back on metal Visa cards
- Traders can use Crypto.com Pay to make crypto payments
- Reasonable staking rewards
Cons
- High trading fees for low-volume traders
- Beginners might have a hard time navigating the platform
Ungodly costs undermine your capital and returns. For that reason, we analysed Crypto.com fees UK. Luckily, this exchange has affordable charges and commissions. The first thing we noticed is that this service provider allows new users to register and set up their Crypto.com wallet for free.
Moreover, Crypto.com has zero limits and fees for depositing crypto to the exchange. To make things even better, this service provider supports free GBP deposits. However, you must use a supported payment method like Faster Payments Service (FPS) to enjoy the latter.
That aside, Crypto.com users must cover varying maker and taker fees determined by their 30-day trading volume. Anything less than £50,000 attracts a 0.15%/0.30% maker/taker fee. But the numbers drop to 0.00%/0.05% for trading volumes of up to or more than £10,000,000. The more you trade, the lesser your fees.
Crypto.com has a free proprietary visa card you can use to make crypto payments. However, we discovered several fees associated with this product. For starters, if you ever decide to close your card, you’ll have to pay a £50 fee before any remaining funds get returned to you. The card also comes with a monthly free ATM limit. If you exceed it, you’ll incur a 2% withdrawal fee. Furthermore, dormant Crypto.com cards incur a £5 monthly fee that kicks in after 12 months of inactivity.
How to Choose the Best Crypto Exchanges
The UK crypto market is booming, with more investors jumping in. In fact, according to a recent FCA report, cryptocurrency ownership has risen from 10% to 12%! But let’s be real. Just buying crypto doesn’t guarantee profits. From my experience, success comes down to having a solid plan, using smart strategies, and most importantly, choosing the right exchange. I’ve tested multiple platforms, and here’s what I consider essential when selecting a crypto exchange:
Crypto is a hacker’s darling, so protecting your assets should be a top priority. I only trust FCA-regulated exchanges and those that utilise the best security measures like SSL encryption. I also favor websites that enable me to activate two-factor authentication (2FA) for extra security.
As there are so many cryptocurrencies to choose from, I do not want to be restricted in any way. I check the assets supported by the exchange prior to signing up to ensure my preferred coins are included. It is also preferable to choose exchanges that add new and forthcoming digital currencies on a daily basis, as they offer more trading opportunities.
High charges can eat into your profit. When searching for an exchange, I always compare costs before making a commitment to an exchange. It’s not just trading charges. I look at deposit charges, withdrawal charges, account maintenance fees, and more. A UK crypto exchange with open, competitive pricing is always a winner in my book.
If an exchange has a bad reputation, it should be a dealbreaker for you. Sample as many user reviews as you can before signing up. See what real traders are saying on Trustpilot, Google Play, and the App Store. If you see too many complaints, especially about security, transparency, or withdrawals, take your business elsewhere.
Crypto markets never sleep, and neither should support. I prefer exchanges with 24/7 support, either by live chat, email, or phone. That does not necessarily mean you should avoid those operating five days a week. Just ensure that they are stable and availability suits your trading schedule. It makes me feel secure to know that I can get help at any time, especially when dealing with heavy trades.
How to Start with Crypto Trading Platform
When I tested UK crypto exchanges, I opened multiple trading accounts to go through the process myself. The good news? Most platforms make it very easy to sign up, and approvals are usually within a few hours. If setting up an account is holding you back, don’t worry, as I’ve been there too. It is easier than you think. Here’s how you can start trading today.
Prior to signing up, head directly to the official website of the exchange. To prevent scams, utilise the links given here because certain scam websites replicate genuine sites. Upon arrival, look into the exchange’s features, promotions, fees, and products. In case you like trading while on the move, download the mobile app of the platform for ease of use.
Sign up by providing your details, including your name, email, and telephone number. Don’t be alarmed. Regulated exchanges require this information for extra security to assist in preventing fraud. Be sure to choose a strong, unique password to protect your account.
To comply with the law, top crypto exchanges request identity verification. You’ll need to upload documents like a driver’s license and a bank statement from the last few months. Make sure that your uploads are clear, or verification will be delayed. Once uploaded, the platform’s team will review your documents and approve your account. You’ll receive an email when everything is set.
You can fund your account with fiat or cryptocurrency, depending on what the exchange supports. Pay close attention to minimum deposit requirements on the platform, especially with cryptocurrency. Some exchanges do not accept deposits below the minimum, and this can lead to you losing your money.
With funds in your account, it’s time to trade. Before diving in, research the market, analyse trends, and choose your assets wisely. If your platform offers leverage, use it carefully to maximise potential returns while managing risk. To protect yourself from significant losses, take advantage of tools like price alerts and stop-loss orders.
How We Test
While I personally test and recommend the cryptocurrency trading platforms above, I work with a team of professionals to provide you with accuracy and reliability. At InvestingGuide, we do more than simply testing and comparing exchanges. We also look at real user reviews. By going through Google Play, App Store, and Trustpilot reviews, we have an idea of the good and any potential downsides. This enables us to recommend platforms that genuinely fit our readers. To read a comprehensive breakdown of how we do it, visit our How we Test page for further information.
Final Thoughts
Acquiring the best crypto exchange in the UK is one step toward a secure and smooth trading experience. My suggested platforms above are bound by stringent FCA regulations, offering fair treatment and strong security protocols to protect your assets. It is worth noting, however, that cryptocurrency trading is still risky in nature. Even the most well-established platform cannot take away from market fluctuations. To guard yourself against considerable loss, trade with a clear strategy, maintain a disciplined budget, and use risk management tools to their fullest potential. Staying informed and being careful will get you through the unpredictable crypto landscape confidently.
I agree, crypto can be super exciting, but it’s all about choosing the right platform. These FCA-regulated exchanges look like solid picks, but I’d still say it’s important to stay cautious and have a plan in place.