Binance alternatives

Find the best alternatives to Binance in the UK.

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Must read: Binance is banned from operating in the UK

It’s very important to be aware that since January 2021, the Financial Conduct Authority (FCA) has banned cryptocurrency exchanges from selling cryptocurrency derivatives to UK consumers. In 2021, Binance was banned from operating in the UK by the FCA. Whenever a user visits the site, Binance now informs a user about the existing ban. While this doesn’t prevent those in the UK from trading on Binance, customers are currently unable to make deposits via pounds sterling (GBP). The FCA does not regulate cryptocurrency assets such as Bitcoin, but it does require an exchange to be registered with the FCA to operate in the UK.

Binance has the following features:

  • It is one of the largest cryptocurrency exchanges by market trading volume.
  • It offers a robust set of trading and charting tools.
  • It has a wide range of cryptocurrency offerings.
  • It is a crypto-only exchange (no fiat currency deposits or withdrawals).

Alternatives to Binance

Table: shows partner brands and other brands, sorted by popularity

The following exchanges are probably the closest equivalents to Binance you can find.

1 - 5 of 6
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
eToro UK Cryptoasset Investing
Bank transfer, Debit card, eToro Money

21

76

Capital at risk

View details
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT

7

229

Capital at risk

View details
Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay

27

214

Capital at risk

View details
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS), Apple Pay, Google Pay

4

63

Capital at risk

View details
Coinpass Cryptocurrency Exchange
Coinpass Cryptocurrency Exchange
Bank transfer, Cryptocurrency

2

13

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Best alternative for number of coins – Kriptomat

kriptomat logo

It can be hard to find an exchange which supports a large number of coins if you are an investor that is looking for something more than just Bitcoin and Ethereum. So if a variety of coins is a high priority for you then you may want to consider Kriptomat. Kriptomat supports more than 400 cryptocurrencies including stablecoins and much lesser well-known altcoins – with more cryptocurrencies being introduced on a regular basis. Its comprehensive platform provides new cryptocurrency investors with an easy to use platform, clarity on fees and cryptocurrency education in order to get started.

Best alternative for ease of use – eToro

etoro logo

When choosing a cryptocurrency exchange, finding one that makes it easy to buy, sell and store your coins is key. If top of your wish list is an exchange that has a wide range of features and an intuitive user interface, then eToro is a strong contender. Highlights include a user dashboard which provides you with updates on your social circle, a watchlist where you can monitor the live market rates of a specific set of assets and a virtual trading feature which gives newcomers trading experience without putting themselves at risk of financial loss.
Go to eToro's website
Capital at risk

Best alternative for payment methods – Coinbase

Coinbase logo

Whether or not an exchange has an array of payment and deposit methods is something to keep in mind when choosing which service to use. Beginner-friendly exchange, Coinbase, makes buying your first cryptocurrency easy. As a UK user, you can link your bank account to make depositing into your wallet simple. Alternatively, you can use a credit or debit card to make instant crypto purchases. Coinbase even allows customers to cash out to their PayPal account or Visa debit or credit card.

Best alternative for support – coinpass

coinpass logo

If having a good customer support team at hand is important to you, then UK-based cryptocurrency platform, coinpass, gives you just that. It has multiple options for contacting its customer support team, including live chat, email support and a contact us form. Users have reported friendly and efficient service, with support offered on weekdays and at the weekend.
Go to Coinpass's website
Capital at risk

If none of the exchanges above has what you’re looking for, you might want to start looking in one of the places below.

*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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