In this guide
- Our verdict
- Details
- Product details
- Your reviews
coinpass review
- Trading Fee
- 1.35% for those who have traded less than £50,000
- Deposit methods
- Bank transfer, Cryptocurrency
- Available cryptos
- BTC, XRP, ETH, LTC, BCH, DOT, LNK, XLM & 3+ more & 5 more
Our verdict
A UK-based cryptocurrency exchange that aims to offer fast and reliable crypto trading and investing for both retail and business customers.
coinpass is a convenient and relatively easy-to-use cryptocurrency exchange offering quick signups, fast and free GBP deposits and beginner-friendly crypto purchases from a limited number of cryptocurrencies. However, even its “intermediate trader” platform lacks many of the features and assets offered by the major players such as Binance and Coinbase, which might rule it out for more serious crypto investors and traders. Meanwhile, crypto newcomers may be more drawn to the cleaner interface offered by exchanges like Zumo.
Pros
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FCA-registered and UK based.
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Quick and free bank deposits.
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Offers convenient and instant crypto transactions.
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It only takes a few minutes to sign up.
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Choose from the more basic functionality for crypto newcomers or the bells and whistles version for intermediate traders.
Cons
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Beware of crypto withdrawal fees, especially on smaller withdrawals – coinpass could be more upfront about these.
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The interface isn’t as clean and user-friendly as some rivals’.
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You may not receive the best rates using the basic trade feature.
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Fairly limited selection of cryptocurrencies.
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No FSCS protection.
In this guide
- Our verdict
- Details
- Product details
- Your reviews
Details
Product details
| Product Name | Coinpass UK |
| Fiat Currencies | GBP, EUR |
| Cryptocurrencies | BTC, XRP, ETH, LTC, BCH, DOT, LNK, XLM & 3+ more |
| Deposit Methods |
Bank transfer Cryptocurrency |
| Trading Fee | 1.35% for those who have traded less than £50,000 |
| Deposit Fees | No deposit fees |
| Withdrawal Fees | Fee varies depending on the specific crypto asset, £5 for GBP withdrawal, €5 for EUR withdrawal |
Estimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
1. You could lose all the money you invest
- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
2. You should not expect to be protected if something goes wrong
- The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a 'specified investment' under the UK regulatory regime – in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker.
- The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
3. You may not be able to sell your investment when you want to
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
4. Cryptoasset investments can be complex
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
5. Don't put all your eggs in one basket
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
If you are interested in learning more about how to protect yourself, visit the FCA's website here.
For further information about cryptoassets, visit the FCA's website here.
Overview of coinpass
coinpass is a UK-based cryptocurrency platform and exchange that lets investors buy and sell major cryptocurrencies like Bitcoin, Ethereum and Litecoin. It caters to both new investors and more experienced traders, with its instant or immediate account. Plus, it also has OTC and brokerage services for businesses and institutional investors.
Its quick and easy sign on process means you can get started almost immediately. There are no fees for fiat deposits or crypto deposits made to your coinpass account. However, be aware of withdrawal fees when moving funds bank to your bank account or if you want to withdraw crypto assets. There are also trading fees attached whenever you buy or sell crypto.
- If this is your first exchange: You will benefit from fee-free deposits that happen almost instantaneously and beginner-friendly crypto purchases.
- If you’re switching exchanges: You can choose between a more basic functionality or the bells and whistles version for intermediate traders. However, the platform lacks many of the features and assets offered by other major players.
Finder ratings for coinpass
| Supported cryptocurrencies | 5 Standard |
| Account types and products | 7.5 Great |
| Fees and costs | 7.8 Great |
| Ease of use | 7.4 Great |
| Features and resources | 7.5 Great |
| Trustworthiness/security | 5 Standard |
| Overall Finder Score | 8 Great |
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Finder's editors objectively assess each platform across a spectrum of performance metrics resulting in our Finder score, which is designed to help you assess a crypto platform's strengths and weaknesses. You can read more details in our full methodology.
Our best crypto exchanges are those our editors have evaluated to be the best for certain product features or categories, out of all crypto exchanges registered with the UK's Financial Conduct Authority.
What to know about coinpass
Founded in 2018, coinpass is UK-based cryptocurrency platform and exchange that lets investors buy and sell major cryptocurrencies like Bitcoin, Ethereaum and Litecoin. The important thing to know about it is that it has two different types of accounts. Its Instant account is tailored to new investors, allowing them to make instant crypto transactions and fee-free deposits. While its Trade account enables users to utilise limit orders in order to buy and sell crypto at a fixed price in the future.
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coinpass supports just 13 different cryptocurrencies, which is rather limited compared to some exchanges which cater to 100 or more. Having said that, for novice investors, it provides an element of variety without being overwhelming. And coinpass is looking to add new token trading pairs regularly. supported currencies include:
- BTC
- XRP
- ETH
- BCH
- DOT
- LTC
- LNK
- XLM
- EOS
- ADA
- UNI
- DOG
- XTZ
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Transferring fiat and cryptocurrency is relatively straightforward with coinpass. With fee free fiat deposits, you can transfer GBP from your bank account at no extra costs. Transfers also happen almost immediately, so there you don’t have to wait around for hours for the money to turn up in your coinpass account.
coinpass also promises a quick transfer of your crypto profits back to your bank account. It currently supports 99% of UK and European banks.
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coinpass offers free bank deposits, but you’ll need to pay a £5 withdrawal fee when withdrawing funds to your bank account. You’ll also need to pay a fee for withdrawing cryptocurrency, and this fee varies depending on the specific crypto asset you’re looking to withdraw.
You’ll also need to pay a trading fee whenever you buy or sell crypto. coinpass has a tiered fee structure, which depends on whether you have its coinpass Trade account or coinpass Instant account. For Trade accountholders, fees range from 0.05% to 0.35% depending on fiat volume. Meanwhile, Instant accountholder fees are 1.35% for those who have traded less than £50,000 over the last 30 days, falling to 1.05% for those who have traded more than £7,500,000 over the 30 day period.
Fiat withdraw and deposit fees
Deposit Withdrawal £0 £5 Crypto withdrawal and deposit fees
Deposit Withdrawal £0 Fee varies
What is it like to use coinpass?
While coinpass’ user interface may not be as slick as some of its competitors, it is easy to get started and offers quick transfers.
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Account registration is quick and simple and completed within minutes. You can have your account set up almost instantaneously, and the verification process is easy to follow.

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If you want to use the app, you’ll need to whitelist your device by using it to input a 6-digit code sent to you in an email. Once logged in, you can access the dashboard, make traders and view your wallets.

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coinpass has live prices that will refresh every second, and allows you to buy, sell and trade crypto assets instantly.

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coinpass has multiple ways for you to get in touch, including live chat, email and a contact us form.

Does coinpass have good customer support?
There are multiple options for contacting coinpass customer support. These include a live chat feature, contact us form and email support. Reviews on Trustpilot are largely positive, with several users saying they even received support at the weekend.
| Support offered | Wait times | |
|---|---|---|
| Contact us form | Yes | Same day |
| Live chat | Yes | Instant |
| Email suppport | Yes | Same day |
List of services on coinpass
coinpass doesn’t have an extensive list of services, so you won’t find earning opportunities or a Visa debit card option.
Trust rating
Past hacks
coinpass has never been hacked.
Security Audits
coinpass has several security measures in place. Assets are secured with Offline Cold Storage which has bank-grade encryption. It also adheres to anti-fraud and compliance measures and uses biometric and multi-factor authentication on user accounts.
FCA Status
Cryptopay has been registered with the Financial Conduct Authority (FCA) as a cryptoasset business. Crypto trading isn’t regulated, but the FCA keeps a register of firms and they must pass checks for anti-money laundering and anti-terrorism activity.
Signing up on coinpass
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Head to the coinpass website and click on Register.
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Once you have entered your email address you will receive a verification email instantly. Click on this to be taken back to coinpass’ website.
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While you will be able to see price movements and access the dashboard, in order to make any trades you first need to choose your account type and verify your identity. For the purpose of these instructions, we choose an individual account.
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coinpass will need to see the photo page of your passport or your UK driving licence. Alternatively, you can upload a copy of your National ID or Biometric Residency Permit.
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The next step is to take a selfie of yourself with a piece of paper with today’s date and the word “coinpass” written on it, as well as holding your ID.
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This is the only slightly annoying part, as you will need to wait for the details you have supplied to be checked. The good news is that in our road test this happened within 20 minutes. However, coinpass does say that this can take between 1 and 2 hours, and up to 24 hours at weekends.
coinpass and Finder Awards
Our Finder Awards celebrate brands that truly stand out in their field, creating innovative personal finance products and providing outstanding service to their customers. coinpass is one of these brands and was named our 2025 Cryptocurrency People's Choice Award winner!
coinpass comparison table
Finder Score for crypto exchanges
To make comparing even easier we came up with the Finder Score. Fees, features and asset-support across the most popular platforms are all weighted and scaled to produce a score out of 10. The higher the score the better the exchange – simple.
Your reviews
Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney. See full profile
Kate Steere is a deputy editor at Finder, specialising in fintech, cryptocurrency and banking. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run. See full profile