UK’s 10 Best Crypto Exchanges Top Crypto Trading Platforms

The Financial Conduct Authority (FCA) regulates cryptocurrency exchanges in the UK to ensure that they comply with the country’s financial laws and regulations. Specifically, the FCA requires cryptocurrency exchanges to be licensed and meet certain standards for security and customer protection. To obtain an FCA license, exchanges must undergo a rigorous application process and adhere to ongoing compliance requirements, including submitting regular reports and undergoing regular audits.

Crypto exchanges enable UK residents to buy and sell digital assets, such as Bitcoin, Dogecoin, and Litecoin. In many ways, crypto exchanges operate in the same way as share dealing platforms. For example, this includes crypto insurance coverage, SOC certifications, two-factor authentication, multi-sig protections, and cold storage.

Automated/Copy Trading

However, the exchange’s focus on security comes at a cost, as it charges significantly higher than average fees. It’s important to opt for a platform that fits your investment goals and interests, but you should also pay attention to fees, regulation, supported coins and so on. Kraken Pro is one of the cheapest crypto exchanges, however, I wouldn’t recommend it for a complete beginner. On the other hand, eToro keep it simple with its 1% fee across the board. Experienced traders, on the other hand, may search for a platform that provides more advanced features such as specialised charting and order types, as well as margin trading. On top of this, they have an ‘Excellent’ rating on Trustpilot (which is quite rare for crypto exchanges), with over 18,000 reviews.

Best Crypto Exchanges UK

Security at Coinbase is industry-leading, with account logins requiring two-factor authentication. Coinbase implements an additional security check when logging in from an unrecognized device. This crypto exchange also keeps 98% of client crypto assets in cold storage. The Coinbase app doubles up as a crypto wallet, which is available for both iOS and Android.

Types of Tax on Crypto Assets in the UK

In the UK, crypto taxation by the HMRC varies based on the nature of the activities involved. For cryptocurrencies held as investments, capital gains tax applies upon disposal, taxing profits and potentially offsetting losses against other capital gains. Non-investment transactions, like purchasing goods or services, may incur value-added tax (VAT) on the transaction value. If you’re new to crypto investing, you’ve probably realized how important it is to use a user-friendly platform for crypto trading.

Best Crypto Exchanges UK

Compared to well-known crypto exchanges, you’ll notice that eToro has a small range of supported cryptocurrencies, but that’s understandable as they are not a specialized crypto broker. But what sets eToro apart from full-time cryptocurrency exchanges is that not only can you purchase the actual crypto, but if you want, you can also trade crypto CFDs. In the ever-evolving world of crypto trading, P2P cryptocurrency exchanges stand out as a user-friendly option for buying or selling digital assets. These exchanges offer a unique peer-to-peer experience, ensuring both buyers and sellers transact securely through an escrow service. Whether you’re a seasoned trader or just starting, here are the platforms you should know about.


Nowadays, crypto exchanges offer many trading tools and features to improve users’ trading experience. For example, eToro provides features like Smart portfolios and the Copy Trader function to help beginners in learning the art of crypto trading. Furthermore, Coinbase’s platform only supports spot trading and does not support leveraged trading. Coinbase Pro is a premium feature of this cryptocurrency exchange that allows you to trade with a limit order on the chart.

Best Crypto Exchanges UK

Cryptocurrency robots are sophisticated software that trades on your behalf. Before using a robot, you’ll need to set up the parameters or use a preset given by the bot provider. The advantage of using a crypto robot is that it can trade crypto 24/7 and place multiple orders simultaneously. Pionex is a leading robot brand with over a dozen different bots ready to use.

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