UK investors of all shapes and sizes now have access to a wide range of crypto exchanges. This means that from the comfort of home – you can buy and sell digital assets like Bitcoin and Dogecoin at the click of a button.
In this guide, we will help clear the mist by reviewing the best crypto exchanges in the UK right now – in terms of safety, fees, supported coins, and more.
The List of best crypto exchanges in the UK
When researching crypto exchanges that align with your personal needs – you need to consider which markets the provider supports, how much you will be charged to trade, and whether or not the platform is safe. Thus, in this section we have listed the best crypto exchanges in Uk.
eToro – Overall Best Crypto Exchange UK for 2022
The overall best crypto exchange in the UK right now is eToro. You can buy and sell digital currencies securely here – as eToro is authorized and regulated by the FCA. It also holds regulatory licenses in other jurisdictions – including the US and Australia. You can open a verified crypto account with this exchange in less than five minutes.
In doing so, you can then instantly deposit funds with a UK debit/credit card or e-wallet, or wait a few days for a bank transfer to process. Either way, after you have made a deposit you can then buy and sell over 50+ cryptocurrencies. This means you can buy Ethereum, Bitcoin, Dogecoin, Cardano, and more with the click of a button.
Margex – Best Exchange to Buy Crypto on Margin
Margex is a crypto exchange that enables you to trade Bitcoin with up to 100x leverage. Since it works similarly to other types of margin trading, Margex does not fall under the UK’s ban on crypto derivatives.
When you open a margin trade with Margex, you can choose your leverage and explicitly see the price level at which your trade will be liquidated. You can also see your maximum risk, enabling you to make smarter trading decisions.
Crypto.com – Top Crypto Exchange with User-Friendly Mobile App
Another best crypto exchanges to consider in the UK is Crypto.com. Crypto.com has burst onto the scene during the past year and now has over 10 million users globally. The platform caters to beginners and advanced traders alike, offering a web-based exchange and a handy mobile app. Crypto.com’s exchange allows users to buy and sell cryptocurrencies with a 0.4% maker/taker fee – which can be reduced if you opt to pay fees in CRO.
Huobi – Great Crypto Exchange for Earning Interest
In a similar nature to Binance, Huobi is one of the best crypto exchanges in the UK if you’re looking to earn passive income. Through its crypto savings accounts, you will deposit funds that are used to facilitate loans. In return, you will be paid an attractive rate of interest. For example, many supported tokens pay an APY of over 100%.
With that being said, Huobi offers a lot more than just a crypto savings account. On the contrary, the crypto exchange is home to hundreds of markets. This covers a broad range of digital assets – from large-cap projects and ERC-20 tokens to DeFi coins. When it comes to fees, Huobi will charge you 0.20% at both ends of your trade.
The bottom line
In the end we would like to say, if you want to start your crypto journey, you can use this platform without any doubts.