Discover the Best Crypto Exchanges for UK Traders and Investors

eToro is a fantastic UK crypto exchange for users of all experience levels – it combines an intuitive platform, straightforward pricing, and versatile features to provide an all-around experience for its users. Its flagship product, CopyTrader, appeals to novice and seasoned traders alike.

For beginners, it’s an outstanding tool to expand trading knowledge by following more experienced traders. For those with a little more experience, it’s a great way to get some trading inspiration or an extra income stream if you let others copy you. Plus, if you don’t want the hassle of crypto trading or don’t have the time to keep up with the market, you can simply copy others and keep your trades on autopilot.

The eToro app also functions as a crypto wallet for storing your holdings and allows for easy transfer of your cryptocurrency from one exchange or wallet to another.

Like most cryptocurrency brokers, eToro lets you withdraw coins to a private wallet for better storage. It's a popular option for the general investor. You can manage your whole portfolio in one place as eToro offers access to thousands of non-crypto assets as well. Plus there are a variety of tools to help you keep up with analysis, sentiment, and news about your investments.

Coinbase is the best crypto exchange in the UK if you're totally new to investing. It makes the process of acquiring crypto coins effortless. The Advanced Trade mode features low trading fees, while there's also an instant buy section where you can immediately purchase coins via debit card or bank transfers.

Coinbase offers a range of unique features. Standouts include the dApp explorer where you can discover decentralised applications, and Coinbase NFT where you can trade and create non-fungible tokens.

Once you’ve bought cryptocurrency, you have access to various staking pools to earn interest on your crypto. The learning section is brilliant for total beginners because it covers the basics of the crypto market and trading. Also, Coinbase provides courses about specific digital assets in the Learning Rewards section, which reward you with free crypto upon completion.

Crypto.com is ideal for investors who are looking to buy and spend cryptocurrencies. The brand offers a visa card with cashback rewards of up to 5% and different tiers. Based on these tiers, you are inclined to receive some great perks like increased CRO rewards, Spotify subscription, Amazon Prime, Netflix, and more.

Buying cryptocurrencies on Crypto.com is convenient as you have multiple options. You can instantly buy coins using your debit or credit card, spot trade, or use the DEX. Moreover, margin trading is available if you want to increase your position’s value.

Users who are interested in spot trading will enjoy a decent selection of popular crypto assets with extremely low exchange fees, making Crypto.com the cheapest crypto exchange UK traders have access to.

In addition, Crypto.com has its own news section where you can learn about the company’s new developments. Also, a university is available that teaches investors different topics like margin crypto trading, metaverse projects, and proof-of-stake.

With over 30 coins available to stake, Uphold offers a range of ways to earn money. Among available staking options include some major coins, such as Ethereum or Solana, and other altcoins, like Polkadot or Cosmos. The APY rate ranges from 2.5% to 13%, with less popular coins often yielding higher returns.

Similar to Crypto.com, Uphold’s crypto visa card is also highly appreciated. The FCA-regulated card can be added to Apple Pay and Google Pay, incurs 0% in transaction fees, and facilitates spending crypto directly from your Uphold wallet. There are also no annual fees and you can earn 4% in cashback paid in XRP (the native token of Ripple). You can use your card anywhere that accepts MasterCard, without any geographical restrictions.

Uphold supports a no-commission model but spreads are included in the price and they vary widely depending on the digital currencies involved and regions. The spread can be as much as 1.5% for major coins in the UK, and it can be even higher for low-liquidity coins.

Kraken is a secure and reliable platform because it takes extra steps to ensure user protection. It has real-time monitoring, offline cold storage, SSL encryption, and more. As a result, Kraken has never been hacked since it was founded in 2011.

Spot trading crypto with Kraken is simple because it doesn’t overcomplicate the process with complex interfaces and information. Investors can also place different order types - market, stop-loss, and limit. If you prefer all the bells and whistles, though, you can always opt for Kraken Pro, with its highly customisable interface and analysis tools.

After buying your coins, staking is available with APYs ranging from 1% to 20%. It's a very simple process, with rewards automatically added to your account twice a week.

Bitpanda is best known for its crypto exchange, but its product portfolio is not limited to digital currency. It allows investors to branch out across 1,000 assets spanning stocks, commodities, and indices. Much like eToro, it’s an excellent choice for all-around traders who seek diversification.

We particularly liked the inclusion of cryptocurrency indices. There are seven options available – these include an index of the top 10 coins by market cap, smart contact leaders, and DeFi leaders. It provides an easy way to gain exposure to the top-performing coins or a certain industry without having to buy and manage each coin individually. Bitpanda is the best crypto exchange UK investors will find for crypto indices.

Simplicity and ease of use are also evident in the exchange itself, besides its offerings. The platform is incredibly user-friendly and navigable, and accepts a decent selection of payment methods for depositing fiat currencies.

Providing reliable and accessible customer support is a pain point across the crypto industry – and few do it like Bitstamp. The platform offers a dedicated in-app customer support service and a phone line, which is rarely found among other cryptocurrency exchanges. If you prefer receiving support via text, though, you should find it elsewhere. It lacks a live chat facility, but you can fill in a ticket and send it via email.

The platform works best for those who wish to buy and hold coins, but it also offers some advanced trading features like multiple order types. These include fill-or-kill, trailing-stop, and stop orders along with instant, limit, and market orders.

There are also tools to help you analyse the crypto space such as a heatmap of the market. This makes Bitstamp one of the more popular crypto exchanges for active traders.

The platform is also pretty secure. It keeps 98% of all assets offline in cold crypto storage, safely kept away from the reach of hackers.

CoinJar is the best UK crypto exchange for the advanced crypto trader. The spot trading software allows investors to place different order types when they buy or sell cryptocurrency, like market, stop-loss, and limit.

Although being one of the more advanced crypto platforms, beginners are welcome to use the instant buy section, which allows you to purchase crypto instantly with your card or bank account. The educational materials are far-reaching, ranging from beginner to advanced difficulty, and teach you everything you’ll need to know about crypto trading.

All in all, CoinJar is a great cryptocurrency exchange to trade on due to the multiple features provided, like crypto loans, staking, and a wallet. Also, you can order a debit card that allows you to pay with crypto and receive cashback rewards.