Best crypto exchanges in the UK

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

Promoted
eToro UK Cryptoasset Investing logo

Own crypto with confidence

  • Own Ethereum and 60+ other cryptoassets
  • Join a community of 25+ million
Go to site
Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Capital gains tax on profits may apply.
Crypto exchanges allow you to buy, sell and trade cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). With more crypto exchanges available in the UK, it can be hard to find which is the best fit for your crypto needs. This guide will take you through what to look for when choosing a crypto exchange in the UK, different types of crypto exchanges and how to go about using one. We’ve also compared some of the most popular crypto exchanges in the UK by different categories to make it easier to find the best for you.

Compare crypto exchanges in the UK

Table: shows partner brands and other brands, sorted by popularity
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.
1 - 10 of 14
Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro UK Cryptoasset Investing
Debit card, Neteller, PayPal, Wire transfer, Online banking
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

63
cryptocurrencies

Disclaimer: Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Faster Payments (FPS), Apple Pay, Google Pay
GBP, AUD

53
cryptocurrencies

CoinJar offers a simple way to buy, sell, or trade cryptocurrency with GBP. Trade from your desktop or mobile with a 1% fee and withdrawals are free to your bank account.
Koinal Cryptoasset Investing
Credit card, Debit card, China Union Pay, SEPA, Swift or Apple Pay
USD, EUR, GBP

8
cryptocurrencies

Finder Exclusive: Sign up with code finder100 and get USD 100 in BTC after your first USD 1000 purchase. T&Cs apply.
Koinal lets you buy multiple cryptocurrencies instantly with Visa or Mastercard. 24/7 support and quick verification available on desktop or mobile.
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

355
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 when you spend over EUR 100 each month. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
Paybis Cryptocurrency Exchange
Paybis Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Neteller, Skrill, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

405
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Kraken Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Wire transfer, Osko, SEPA, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD

131
cryptocurrencies

Kraken offers staking, an OTC desk, and dark pools. Trade multiple fiat currencies and cryptocurrencies from your desktop or mobile with near-instant deposits and withdrawals.
Coinpass Cryptocurrency Exchange
Bank transfer
GBP, EUR

13
cryptocurrencies

Make free fiat and crypto deposits as well as fast transactions on this crypto exchange.
Uphold Digital Money Platform
Bank transfer (ACH), Credit card, Debit card
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD & 10+ more

108
cryptocurrencies

Buy, send and convert from 27 currencies in seconds, all on one platform.
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

106
cryptocurrencies

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
Execute multiple trade types with no fees on cryptocurrency and wire transfer deposits on this exchange.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Credit card, Debit card, PayPal, Bank transfer (SEPA)
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

168
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
loading

Compare up to 4 providers

How to choose a crypto exchange 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.

The different types of crypto exchanges

The term “exchange” can be used to refer to a variety of crypto trading platforms:

Brokers

  • Best for: Crypto novices, those looking for a quick and easy way to buy cryptocurrency
  • The downsides: Costs more than other options; may not offer as wide a selection of cryptocurrencies

Cryptocurrency brokers often offer the simplest and most convenient way to buy cryptocurrency. Buying Bitcoin or any altcoin from a broker is essentially like purchasing from a cryptocurrency shop – the broker buys digital coins or tokens at wholesale rates, adds their own margin on top and then sells the currency on to you.

Brokers offer a quick and straightforward entry into the world of cryptocurrency. Their platforms are designed to be easy to use and you can pay for your crypto purchase with your everyday fiat currency, often even by using a credit or debit card.

The main downside of using a broker is the cost, as you’ll not only need to buy your crypto at a price above the market rate but also pay transaction fees.

Crypto broker icon

Trading platforms

  • Best for: Buying and selling a wide range of currencies; lower fees
  • The downsides: Intimidating for new users and it may not be possible to directly exchange the currencies you want

Cryptocurrency trading platforms are the most widely used platforms for buying and selling digital currency. They connect crypto buyers with crypto sellers and take a fee for facilitating each transaction. You can use these platforms to exchange cryptos at the current market rate or at a specified limit, while some sites also offer more advanced features like stop-loss orders.

Crypto trading platforms tend to provide access to a more diverse range of currencies than brokers, and often feature charting tools to help you plan your trades. These platforms also tend to offer lower fees and better exchange rates when compared with brokers.

Crypto trading

However, it’s not possible to directly exchange one crypto for any other digital currency you want – you’re limited to the trading pairs supported by your chosen platform. Bitcoin and Ether are the most commonly traded currencies and feature in pairs alongside a wide range of altcoins. Crypto trading platforms can also be intimidating and confusing for new users.

Peer-to-peer cryptocurrency exchanges

  • Best for: Anonymity, giving you more control over how you trade
  • The downsides: Prices usually higher than market rates; a certain level of risk involved

These platforms allow direct peer-to-peer trading between people all around the world. The exchange acts as the middleman, with the seller able to set their own price and accepted payment methods.

The main advantage of peer-to-peer exchanges is that they let you quickly and anonymously buy or sell coins with almost any kind of trade or payment method you want. The downside is that you’ll often pay above market prices, and it can also be riskier than other options.

To help offset the risks, some platforms have built-in escrow features and reputation systems to identify reliable and legitimate buyers and sellers.

Crypto icon

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.

How to buy Bitcoin in the UK

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.

Is it safe to store your cryptocurrency on an exchange?

Cryptocurrency is held in digital wallets. Some exchanges will give you your own wallet, which lets you hold cryptocurrency in your exchange account and then transfer it anywhere as desired, while others will require you to have your own wallet at the time of purchase.

However, using an exchange for long-term storage is not recommended. As the exchange controls the private key to your wallet, you don’t have total control of your funds. And with exchanges regularly (and sometimes successfully) targeted by hackers, storing crypto on an exchange long-term is very risky.

Learn more about cryptocurrency wallets

Compare cryptocurrency exchanges

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.

Crypto news & launches

New Coinbase warning sparks concern: Could customers lose their crypto?

New Coinbase warning sparks concern: Could customers lose their crypto?

Coinbase warning put its 98 million customers on edge, but is there actually a risk of customers losing crypto?

Read more…
Stablecoins to become an official form of payment

Stablecoins to become an official form of payment

The UK government has announced that stablecoins will become an officially recognised form of payment in the UK. What does this mean?

Read more…
Axie Infinity’s Ronin Network suffers largest hack in DeFi history

Axie Infinity’s Ronin Network suffers largest hack in DeFi history

After one of the largest hacks in DeFi history, we take a look at how Ronin Network was compromised and what lessons can be learnt.

Read more…

A-Z of cryptocurrency exchanges

Read more on this topic

  • CoinBurp review 2022

    With free GBP deposits over £100 and 0% trading fees, CoinBurp is an easy-to-use crypto trading platform for all types of cryptocurrency investors.

  • AQRU review 2022

    AQRU’s focus is simplifying the complex world of cryptocurrency in order to give customers the chance to earn a return on their crypto assets.

  • Koinal review 2022

    Read our in-depth review to find out how Koinal works, whether it’s the right place to buy cryptocurrency and what you can expect from its service.

  • Crypto.com review 2022

    Learn more about the Crypto.com platform in our complete review.

  • Solidi review 2022

    Find out if Solidi is the right crypto exchange for you in our review.

  • Mode review 2022

    Mode is a one-stop shop for buying and earning Bitcoin. See if it’s right for you in our review.

  • GlobalBlock review 2022

    GlobalBlock lets you trade leading cryptocurrencies via its app, online and via phone.

  • Cryptopay review 2022

    Cryptopay is an all-in-one crypto wallet and exchange app that also offers a crypto Visa debit card.

  • coinpass review 2022

    With free GBP deposits and easy signup, coinpass is a convenient crypto trading platform. Learn more in our review.

  • Zumo review 2022

    Zumo lets you buy, sell, manage and spend your crypto via its wallet app and Visa debit card.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

4 Responses

  1. Default Gravatar
    BrianAugust 22, 2018

    I live in uk and want to buy EQS crypto coins by bank transfers I have my own nano s wallet ,could you advise me

    • Avatarfinder Customer Care
      JoshuaAugust 23, 2018Staff

      Hi Brian,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      To help you further, did you mean EOS, instead of EQS? I’m not sure if there’s a cryptocurrency with EQS name. Please let me know.

      In case you are asking about EOS, we have a guide that will help you. Please click this link.

      You can use your Nano S wallet to store your digital coins, but it is not for buying EOS. What you can do is look for an exchange that allows you to use fiat money to buy EOS coins. You can find these exchanges conveniently listed and compared on the page I just shared to you above. Look for exchanges that handle fiat currency. Our table also indicates that so please feel free to explore the table.

      Once you have chosen an exchange, you can now deposit fiat money into your account and use the money to buy EOS.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  2. Default Gravatar
    IanApril 21, 2018

    A list of preferably UK crypto/altcoin exchanges and list of existing currencies with values and performances where available.

    • Avatarfinder Customer Care
      JoshuaApril 23, 2018Staff

      Hi Ian,

      Thanks for getting in touch with finder.

      We have a list of UK cryptocurrencies on this page. If you are looking for exchanges, then this guide should help.

      Though we don’t have a UK page on cryptocurrencies along with their performances, we have one on our AU finder website. Here’s the link. It is still a great place to start learning more about cryptocurrencies.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

Go to site