Top Crypto Exchanges in the UK: A Comparative Guide



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Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
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Bitget - Best for diverse social trading (spot, futures, and bot copy trading with low fees)
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HTX - Best for beginners (intuitive app, sign-up bonus)
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Kraken - Best for trading crypto-fiat pairs (supports 7 fiat currencies, simple trading platform)
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WhiteBIT - Advanced additional services (launchpad, CS:GO marketplace, crypto card)
At Traders Union, we evaluate cryptocurrency exchanges in the UK to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.
To recommend the top exchanges for the UK, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.
Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in the UK
Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.
Comparison of leading crypto trading platforms in the UK
We compared crypto exchanges based on key factors:
- Acceptance of residents from the UK
- Minimum deposit
- Range of supported cryptocurrencies
- Spot maker fee rates
This analysis highlights the top exchanges in the UK, ensuring they meet the needs of both novice and experienced traders.
Binance | |||
---|---|---|---|
Accepts residents of the UK |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Minimum deposit, USD |
No
|
10 EUR 1 10 10 | 10 EUR 1 10 10 |
Coins Supported | 415 | 831 701 278 276 | 831 701 278 276 |
Spot maker fee | 0,1 | 0,1 0,2 0,25 0,1 | 0,1 0,2 0,25 0,1 |
Study review | Study review | Study review Study review Study review Study review | Study review Study review Study review Study review |
We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in the UK, providing overall ratings based on our proprietary, data-driven methodology.
TU Overall Score 8.7 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.8
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
8.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- low commissions due to liquidity and trading volumes.
- high platform performance;
- proprietary BNB Coin which allows Binance to reduce the commission size;
- a proprietary cold wallet guarantees the security of your crypto assets by storing them.
- complex verification procedure;
- the exchange is not licensed by a regulator;
- The platform can go offline without warning;
- there are complaints about the technical functionality of the platform;
- there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).
TU Overall Score 8.7 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
6.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
7.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
10
/10
|
- availability of demo accounts;
- convenient ways to contact the support service;
- a wide range of cryptocurrencies for account replenishment;
- service of copying trades for receiving passive income;
- ability to reduce commissions using credits earned in the bonus program;
- ability to engage in algorithmic trading;
- educational materials for novice traders on the exchange website;
- the exchange uses hot and cold cryptocurrency wallets to store client funds;
- deposits and withdrawals in fiat currencies.
- no.
TU Overall Score 8.5 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
6.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
7.3
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- a vast array of trading instruments;
- the minimum level is US$1;
- the site is integrated for clients worldwide.
- lacks a demo account;
- few ways to contact support;
- the activities of the cryptocurrency exchange are not licensed or regulated by any authority;
- clients' financial assets are not protected by segregated accounts or compensation payments in the event of an exchange liquidation;
- there are no training materials or courses for users on its website.
TU Overall Score 8.5 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
6.2
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- convenient, intuitive terminal with one-click trading;
- all major cryptocurrencies, as well as seven fiats;
- margin trading, as well as futures and indices trading ;
- large leverage (x5 for margin, x50 for futures trading);
- an extensive database of information and training materials;
- large trading volumes on the exchange provide high liquidity;
- some of the lowest fees in the cryptocurrency market.
- no investment programs;
- no call center.
TU Overall Score 8.5 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
5.1
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
9.3
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
10
/10
|
- Bitcoin, dozens of altcoins and tokens, 10 fiat currencies, including the USD and the EUR;
- large trading volumes, high liquidity, multilevel security system;
- basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account;
- most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers;
- a simple and profitable system for investing in blockchain projects of crypto exchange affiliates;
- the commission does not change - 0.1% of the trade amount, and no additional fees or charges;
- FAQs on the basics of crypto trading, a demo token for education and training.
- communication with the exchange only through the website and email;
- there is no advanced training, except for Crypto Lending.
Why trust us
We at Traders Union have over 14 years of experience in financial markets, evaluating cryptocurrency exchanges based on 140+ measurable criteria. Our team of 50 experts regularly updates a Watch List of 200+ exchanges, providing traders with verified, data-driven insights. We evaluate exchanges on security, reliability, commissions, and trading conditions, empowering users to make informed decisions. Before choosing a platform, we encourage users to verify its legitimacy through official licenses, review user feedback, and ensure robust security features (e.g., HTTPS, 2FA). Always perform independent research and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
What are the cheapest crypto exchanges in the UK
To determine the cheapest cryptocurrency exchanges in the UK, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.
Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in the UK.
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Trading fees:
We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in the UK offer significant discounts for traders as their trading volume increases.
Binance Market average Based on comparing fees across more than 200 cryptocurrency exchanges. Spot maker fee, % 0,1 0,1 0,2 0,25 0,1 0.194 Spot taker fee, % 0,1 0,1 0,2 0,4 0,1 0.157 Futures maker fee, % 0,02 0,02 0,02 0,02 0,02 0.024 Futures taker fee, % 0,05 0,06 0,05 0,05 0,05 0.053 -
Deposit and withdrawal fees and payment options
We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in the UK.
Binance Deposit fee NoNoNoNoNoNoNoNoNoWithdrawal fee 0-3,5% 0,00005 BTC
0,00064 ETH 0,0005 BTC
0,005 ETH 0,0005 BTC 0,0004 BTC
0,00367 ETH0,00005 BTC
0,00064 ETH 0,0005 BTC
0,005 ETH 0,0005 BTC 0,0004 BTC
0,00367 ETHBank Wire YesYesYesYesNoYesYesYesNoBank cards YesYesYesYesYesYesYesYesYesPayment services YesYesYesYesYesYesYesYesYesP2P YesYesYesNoYesYesYesNoYes
What are the safest exchanges in the UK
The safety of exchanges in the UK was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.
Binance | |||
---|---|---|---|
Tier-1 regulation |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Government-regulated |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
2FA |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Cold wallet storage |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Investor protection fund |
Yes
|
Yes
Yes
No
Yes
|
Yes
Yes
No
Yes
|
Is crypto market regulated and taxable in the UK
Crypto regulation in the UK
As of January 2025, the United Kingdom is advancing its regulatory framework for cryptocurrencies. The Financial Conduct Authority (FCA) has outlined plans to implement comprehensive regulations by 2026, focusing on areas such as capital requirements, insider trading, order handling, execution, and risk management. A discussion paper on market abuse, including the disclosure of inside information, is anticipated in the last quarter of 2024, with detailed rules expected in the first half of 2025. Additionally, the FCA aims to develop a Consumer Duty and Senior Managers and Certification Regime tailored for digital asset firms by the third quarter of 2025. Currently, there are no specific restrictions on leverage or mandates to operate exclusively with local exchanges. Furthermore, the UK does not offer deposit insurance schemes for cryptocurrency holdings.Taxation of cryptocurrencies in the UK
In the UK, cryptocurrencies are treated as property for tax purposes. Profits from disposing of crypto assets are subject to Capital Gains Tax (CGT). As of the 2024–2025 tax year, the annual CGT allowance has been reduced to £3,000, down from £6,000 in the previous year. Gains exceeding this allowance are taxed at 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers. Income from activities such as mining, staking, or receiving crypto as payment is subject to Income Tax, with rates ranging from 0% to 45%, depending on the individual's tax bracket. It's essential for taxpayers to maintain detailed records of all cryptocurrency transactions to ensure accurate reporting and compliance with HM Revenue and Customs (HMRC) regulations.The information on cryptocurrency taxation in the UK is provided for informational purposes only. Be sure to consult a professional for accurate guidance.
Are there cryptocurrency exchanges with GBP accounts?
Yes, many cryptocurrency exchanges support deposits and withdrawals in GBP. This can help you save on currency conversion fees when trading or withdrawing funds. Additionally, you can use peer-to-peer (P2P) platforms to exchange Bitcoin for GBP using popular payment methods in the UK, further reducing transaction
HTX | Kraken | WhiteBIT | |
---|---|---|---|
GBP |
Yes
|
Yes
|
Yes
|
P2P account |
Yes
|
No
|
Yes
|
What are the best crypto exchanges for beginners in the UK?
The best crypto exchanges for beginners in the UK offer:
Binance | Bitget | HTX | |
---|---|---|---|
Education | 8.23 | 7.83 | 8.31 |
P2P account |
Yes
|
Yes
|
Yes
|
Demo account |
Yes
|
Yes
|
Yes
|
Staking |
Yes
|
Yes
|
Yes
|
Copy trading |
Yes
|
Yes
|
Yes
|
Beginner friendly app |
Yes
|
Yes
|
Yes
|
How choose the best crypto exchange in the UK?
When choosing a crypto exchange in the UK, consider these essential factors:
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Supported Cryptocurrencies
Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
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Local Payment Options
Opt for platforms that support local payment methods in the UK, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
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Transparent Fees
Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
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Robust Security
Prioritize exchanges with strong security measures, including two-factor authentication (the UK), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
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Educational Resources
For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
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Customer Support
Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.
Expert advice for traders in the UK
As a trader, I've found that an intuitive and stable trading interface significantly impacts efficiency. Exchanges that integrate with TradingView or offer customizable charting tools help traders perform better market analysis. Mobile-friendly platforms are also essential for staying updated and making quick decisions on the go. An unreliable or slow platform can lead to missed opportunities, especially during high volatility periods.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Also, Andrey is a member of the National Union of Journalists of Ukraine (membership card No. 4574, international certificate UKR4492).
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).