10 Best Crypto Apps in the UK for 2024

It provides best crypto trading platform uk a platform for trading with a large number of altcoins and regularly adds new assets. MEXC also offers innovative features such as auctions and staking to attract diverse traders. Binance is another one of the world’s largest and most popular cryptocurrency exchanges. Founded in 2017, the platform offers a wide range of features and services for both beginner and advanced traders. Crypto exchanges are online platforms where you can buy, sell, and hold cryptocurrencies.

Your all-in-one crypto platform to buy, sell, trade, hold and earn cryptocurrencies1

I was going to do this on Binance, but it turned out that they do https://www.xcritical.com/ not accept proof of identity from the UK. When selecting an app, there are several important factors to consider to ensure you choose one that aligns with your needs and investment goals. The platform’s global reach, regulatory compliance, and secure trading environment make it an attractive option. Despite its comprehensive offerings, CEX.IO maintains a strong focus on customer satisfaction, evidenced by its high rating on Trustpilot. Its commitment to affordability is evident, with zero fees on ACH bank transfers. Users can further enhance their security by enabling two-factor authentication (2FA) and whitelisting crypto addresses, adding an extra layer of protection to their accounts.

• Uphold is the easiest way to buy, sell, and stake cryptocurrency in the UK.
• We believe that an intuitive, user-friendly interface combined with advanced trading instruments, and backed by world-class security is the perfect tool for navigating the crypto ecosystem.
• If you invest in cryptoassets, you should be prepared to lose all your money.
• In the UK, you can buy cryptocurrency through platforms such as eToro, Coinbase, and Uphold.
• Gate.io is a cryptocurrency exchange that provides access to a wide range of trading pairs and additional services.

What Are the Risks of Cryptocurrency Investing?

What makes SwissBorg so beginner-friendly may also be considered a negative, and that is that there is no charting functionality. The simple swap feature automatically aggregates the best spot trade prices for seamless swaps, but those needing charting capabilities for technical analysis will need to consider Coinbase or Kraken. Anyone who has used online banking before will have no issues using these exchanges, I find all three of these easier to use than my online bank, and even easier than the website I use to manage my cell phone plan.

Leader in regulatory compliance and security certifications

Here are five reasons why you need to consider the best exchanges like EXMO.com. Get Premium daily signal calls, trading insight, updates about the current market, and analytics about hidden crypto gems now. Coinbase users can earn more, up to $400 on average just by taking advantage of the exchange rewards. If this piques your interest, check out our top picks for the best decentralized exchanges. OKX has a popular multi-chain NFT marketplace as well, supporting some of the biggest collections like Meebits, CryptoPunks, Mutant and Bored Apes, and more.

Kraken – Low cost; Staking rewards; 200+ Cryptocurrencies

It can be a very useful platform for advanced traders looking to leverage big trades and make good profits but carries high risk. One of the biggest players in the crypto space, Coinbase is probably the best Bitcoin broker to buy and store Bitcoin with it offering a huge range of coins and great educational material for beginners. Coinbase has been one of the most influential platforms for crypto trading since it started and is, therefore, a platform specialized and formed to fit this need. Each platform has its own set of features and fees, catering to different levels of cryptocurrency investors and traders.

Most Passive Income/Staking/Earn Options: Binance

Business Insider applied its rating methodology for investing platforms to dozens of cryptocurrency exchanges to find the best options for crypto traders. The criteria for comparing crypto exchanges include the platforms’ fees, asset/account security, accessibility score, and customer support. In this rapidly evolving market, choosing the right exchange can be the difference between a profitable investment and a costly mistake.

What services do crypto exchanges offer?

Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market. We performed an in-depth assessment of the features and options offered by nearly 25 cryptocurrency exchanges, crypto trading apps and brokerage platforms that offer crypto trading options. Discover the top-rated crypto trading platforms in Europe, offering secure transactions and a wide range of digital currencies.

The addition of eToro Money Crypto Wallet, a personalised crypto wallet, offers enhanced security with features like private keys and DDoS protection. EToro has established itself as one of the leading companies in the UK, offering a user-friendly and intuitive platform that caters to a broad range of investors. I’ve worked in the retail investment & crypto sector in London over the last four years. CFD brokers are a new way in which users can interact with cryptocurrency assets. They are essentially a contract you agree to when you complete your purchase rather than the actual asset itself. The terms of the contract stipulate that it pays you rewards if the asset price rises or you incur losses if it goes down.

Different networks have different DeFi exchanges, so it will depend on your blockchain of choice. 1 Inch is an interesting DEX aggregator that is worth checking out to make sure you get the lowest fees of any of the decentralized exchanges. Kraken is often cited as the most secure, as they are the longest-standing exchange that has never been hacked. Kraken’s security is so top-notch that they even have Kraken Security Labs, an arm of their company that offers security services for other crypto companies.

Crypto.com is a popular global crypto trading platform known for its user-friendly mobile trading app with various reward opportunities and DeFi wallet storage. Although Crypto.com offers a web-based exchange, U.S. investors are limited to its mobile app. Mobile app users can buy, sell, trade, and earn interest on their crypto, as well as pay with crypto.

“Some disadvantages include high trading fees, limited resources, and frequent fraudulent activity. These platforms are often criticized for their inadequate security measures, risky trading, and subpar customer support.” Crypto exchanges aren’t generally regarded as the safest or most transparent platform, so industry-leading crypto trading platforms like Kraken stand out quite a bit. Private clients can meet with a dedicated account manager for tailored crypto trading solutions, competitive fees, and 24/7 expert guidance from a team of professionals. Institutional clients can use Abra Prime to gain cryptocurrency exposure, access trading pairs, and build custom crypto and digital asset programs.

For crypto wallet apps, Exodus, Trust Wallet, and the OKX wallet are solid choices. In terms of multilingual support, Binance, Bitfinex, and KuCoin are highlighted for their extensive language options, catering to users from various regions. Find the best and most-trusted Bitcoin and cryptocurrencywallets that work for you. Most of the exchanges operating in The United Kingdom have debit/credit card payment optionsavailable. Bitcoin and other cryptocurrencies are not regulated in the UK and are legal to trade and hold. Buying bitcoin and other cryptocurrencies in The United Kingdom is a simple process and usually takes less than 10 minutes to get fully setup.

For instance, several Trustpilot users mention problems with customer support. Additionally, there are numerous stories of unexpected account closures that have tainted the exchange’s image. Kraken’s professional-grade trading platform, Kraken Pro, is our pick for the best low-fee exchange because it charges some of the lowest fees in the crypto asset exchange landscape.

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest. Some exchanges that have a reputation for having relatively low fees include Binance, KuCoin, and Kraken. However, it’s important to note that fees can also change over time, so it’s always a good idea to check the latest fee schedule for any exchange you are considering. Founded in 2011, Bitstamp is one of the industry’s oldest and most established exchanges and is known for its security, reliability, and compliance with regulatory requirements.

This crypto exchange offers spot and futures trading features, with over 400 pairs of coins available. For those located elsewhere, it really is a toss-up and personal preference. Binance and Bybit are more regulation-friendly and feature a fiat on and offramp. All three platforms offer industry-leading trading and matching engines as well. You’ll need to check out our Binance, Bybit and KuCoin reviews to see which one appeals to what you are looking for in a crypto trading platform. Built with advanced traders in mind, Gemini provides a professional-grade trading dashboard and supports over 80 digital currencies and tokens, including fiat currencies.

The platform also offers advanced trading features, such as margin trading and futures trading, making it a popular choice for experienced traders. One of the primary features of Binance is its wide selection of supported cryptocurrency assets. The platform offers trading for over 350 cryptocurrencies, making it one of the market’s largest and most diverse exchanges. Binance is also known for having the lowest trading fees in the industry and as the most liquid exchange.

Our REST and Websocket APIs provide access to all the features of the Bitfinex platform. Users can create highly customised and advanced trading strategies or build their own trading application on our platform. Corporate account holders and professional traders can enjoy expedited verification time and rapid customer support ticket responses. Sub-accounts also offer additional benefits, such as segregating risk and enabling separate deposit and withdrawal permissions. Additionally, Bybit and Coinbase are popular exchanges with strong security measures and trading tools for beginners. The exchange has recently made it easier for European customers to deposit money into their accounts.