Best crypto trading apps

Find the best crypto exchange to buy and sell cryptocurrency in the UK.

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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Capital gains tax on profits may apply.
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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Crypto trading apps allow you to buy and sell cryptocurrencies like Bitcoin and Ethereum on an exchange. With more and more crypto exchange platforms popping up in the UK, it can be hard pick the best for your needs. Here’s what to look for when choosing a crypto trading app in the UK and our picks within some popular categories.

Compare crypto trading apps

1 - 8 of 8
Name Product Finder rating FCA-registered Cryptocurrencies Deposits Trades Withdrawal Fees Offer
eToro UK Cryptoasset Investing
Finder rating
★★★★★
78
None (min. deposit $10)
1% plus spread
$5 (min. withdrawal $30)
Uphold - Digital Asset Platform
Finder rating
★★★★★
209
£0 (min. deposit £10)
US$1 flat fee on trades
Spreads also apply
Cryptocurrencies: $2.99 + coin fees
Fiat currencies: £0
Google Pay: £0
Binance Cryptocurrency Exchange
Finder rating
★★★★★
356
None (min. deposit $10)
0.1%
Fees vary
Kraken Cryptocurrency Exchange
Finder rating
★★★★★
216
Fees vary (min. deposit £1)
1.5% plus spread
Cash: £1.95 (min. withdrawal £5)
Cryptocurrency: Fees vary
CoinJar Cryptocurrency Exchange
Finder rating
★★★★★
56
FPS: No fee
Visa / Mastercard purchase (Instant Buy): 2%
Apple Pay / Google Pay purchase (Instant Buy): 2% (min. deposit £5)
Maker: 0.02-0.10%
Taker: 0.06-0.10%
Bank transfer: No fee
Cryptocurrency: No fee
OFFER
Gemini Cryptocurrency Exchange
Finder rating
★★★★★
60
Cryptocurrency: None
Bank transfer (ACH): None, bank fees may apply
Wire Transfer: None
Debit Card: 3.49% of total amount
Paypal: 2.50% (min. deposit £10)
≤ £7.50: £0.75
> £7.50 but ≤ £20.00: £1.25
> £20.00 but ≤ £50.00: £2.00
> £50.00 but ≤ £150.00: £2.25
> £150.00: 1.49% of your Web Order value
Cryptocurrency: None (for 10 withdrawals and below per month)
Others: None (for 10 withdrawals and below per month)
Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
OFFER
Coinbase Digital Currency Exchange
Finder rating
★★★★★
235
ACH: Free
Wire transfer: US$10
SEPA: EUR€0.15
SWIFT (GBP): Free (min. deposit £50)
Maker fee: 0.00-0.4%
Taker fee: 0.05-0.6%
ACH: Free
Wire transfer: US$25
SEPA: EUR€0.15
SWIFT (GBP): GBP£1
Get £5 free with your first trade. T&Cs apply.
Revolut Cryptocurrency App
Finder rating
★★★★★
95
None
0.5% (Premium or Metal plans) or 1.5% (Standard or Plus plans) plus spread
Fees vary
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How to choose a crypto app in the UK

With hundreds of cryptocurrency exchanges to choose from, how can you find the best one for your needs? The most important thing to do is to research a wide range of platforms and compare the pros and cons of each option.

Consider the following factors when comparing cryptocurrency exchanges.

How to use a crypto exchange

Buying cryptocurrency with fiat currency

For the sake of our example, let’s assume that you have £500 that you want to use to buy Bitcoin.

  1. Compare cryptocurrency exchanges to find one that offers the right service for you.
  2. Register for an account on the platform, including providing any personal details and proof of ID required.
  3. Navigate your way to the “Buy” screen.
  4. Select Bitcoin as the cryptocurrency you want to buy.
  5. Select your payment currency, which in this case is GBP, and specify the amount you want to spend as £500.
  6. Select your payment method, such as a credit card payment or bank transfer.
  7. Enter your payment details, such as your account number and BSB if sending a bank transfer or your card number and CVV if paying by credit card.
  8. Review the full details of your transaction, including the fees that will apply and the amount of BTC you are purchasing.
  9. If you’re happy to proceed, click “Buy BTC”.
  10. Once the transaction has been processed, the BTC will be deposited into your exchange wallet. However, please note that some brokers will automatically send your purchased BTC to an external wallet address nominated by you.

Buying cryptocurrency with another digital currency

In this scenario, let’s assume that you have 1 BTC that you want to exchange for ETH. Here’s what you need to do if placing a trade on a centralised crypto exchange:

  1. Compare cryptocurrency trading platforms to find one that offers the right service for you.
  2. Register for an account on the platform, including providing any personal details and proof of ID required.
  3. Log into your account and find the BTC wallet address for your account.
  4. Use this address to transfer the 1 BTC you want to trade from an external wallet.
  5. Navigate to the “Exchange” or “Trading” page.
  6. Search for the currency pair you want to trade, which in this case is BTC/ETH.
  7. In the “Buy” field, choose the type of order you want to place, such as a market order or limit order.
  8. Enter the details of your transaction, such as the amount of BTC you want to spend. If placing a limit order, you’ll need to specify your desired ETH price.
  9. Take a moment to review your transaction, including checking the exchange rate and fees that apply.
  10. Click on “Buy ETH”.
  11. Once the transaction has been processed, the ETH you have purchased will be deposited into your exchange wallet.

However, if you’re using a decentralised crypto exchange, the process is a little different. You’ll typically be required to link your wallet to your account, but you’ll then be able to trade directly from wallet to wallet, with no requirement to deposit any funds on the exchange.

Selling cryptocurrency and withdrawing your funds

If you want to sell cryptocurrency on an exchange – let’s say Bitcoin for the purposes of this example – you’ll need to follow these steps:

  1. Log into your account and find the BTC wallet address.
  2. Use this address to transfer the BTC you want to trade from an external wallet.
  3. Navigate to the “Exchange” or “Trading” page.
  4. Search for the currency pair you want to trade, for example BTC/GBP or BTC/ETH.
  5. In the “Sell” field, enter the details of your transaction. Depending on the platform you’re using, you may be able to sell at market rate or potentially place a limit order.
  6. Take a moment to review your transaction, including checking the exchange rate and fees that apply.
  7. Click “Sell BTC”.
  8. Once the transaction has been processed, the currency you have purchased will be deposited into your exchange wallet.

It’s now time to withdraw those funds from your exchange account, but the exact process you’ll need to follow depends on whether you’ve purchased crypto or fiat currency:

  • If you’ve purchased fiat currency, look for the “Withdraw GBP” option from your account dashboard. Select your desired payment method, for example bank transfer or PayPal transaction, and enter all the necessary account details so your payment can be processed.
  • If you’ve purchased another cryptocurrency, you’ll need to first set up a secure wallet where you can store your coins. Copy the address of this wallet, log into your exchange account and select the currency you want to transfer. Remember to double-check that you’re sending the funds to the correct wallet before submitting the transaction.

Learn more about selling Bitcoin

How to pay for your cryptocurrency

You’ll need to deposit funds on your cryptocurrency exchange. Bitcoin exchanges accept all sorts of deposit methods, including the following:

The payment types accepted will vary between exchanges though, so it’s worth checking to ensure your preferred payment method is supported before signing up.

What crypto exchanges can I use in the UK?

There are hundreds of crypto exchanges you can use in the UK. Some are well established, while others have only just launched in the past year. Keep in mind, that while some of them may not be located in the UK, they still offer services to UK residents.

Are all crypto trading platforms regulated in the UK?

It is important to understand that cryptocurrencies are not currently regulated in the UK. The Financial Conduct Authority’s (FCA) position on cryptocurrency is that “Cryptoassets are considered very high risk, speculative investments”.

However, all cryptocurrency exchanges need to be registered with the FCA in order to operate in the UK. Exchanges have until March 31, 2022 to complete this. Current registered exchanges include the likes of Ziglu, Zumo, Coinpass, CoinJar and eToro.

Are deposits on cryptocurrency exchanges insured in the UK?

There is no financial insurance scheme in place for cryptocurrencies. So any deposits that you have with a cryptocurrency exchange will not be protected by the Financial Services Compensation Scheme (FSCS).

Some crypto exchanges have their own insurance policies in place in order to protect your cryptoholdings against cybercrime. When researching which crypto exchange in the UK to use, remember to take a look at what insurance and security features the exchange has in place.

Compare crypto trading apps

Frequently asked questions

*Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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