Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia. Compare the best UK Bitcoin brokers authorised and regulated by the FCA. Choose a bitcoin trading platform that offers the most markets, best pricing and client security. CFD, spread betting and trading Bitcoin on leverage carries a high level of risk and can result in losses that exceed your deposits. Best Cryptocurrency Trading Platforms in the UK Here you have the answer to where you, as a UK trader, can trade cryptocurrency. The following are solid brokers, that can be trusted and offer trading in both bitcoins and other major cryptocurrencies such as Ethereum and Litecoin.
Best bitcoin trading platforms ukBuy Bitcoin in the UK: 25+ best exchanges ( update) | Finder UK
Some users might ask to see your ID before completing the deal, but it will be up to you to accept or deny their offer. Another platform to have in mind if you want to avoid disclosing your identity is Binance.
If you want to purchase cryptocurrency with cash, the first option is to look for a Bitcoin ATM if there happens to be one near you. If you prefer paying with a credit or debit card, use Coinbase or CEX. Unfortunately, card purchases incur the highest fees. Coinbase charges a 3. On CEX. The option to pay via card is also available on LocalBitcoins and Paxful.
You can even arrange to meet with your partner in person and pay for your coins in cash. This is a much riskier option so never agree to meet with that person alone. If none of this works for you, you can buy a Flexpin or Neosurf prepaid voucher that can be spent on exchanges such as Bitit.
Another possible classification of cryptocurrency exchange is into custodial and non-custodial. The former decides to store customer information or even their funds providing their own digital wallets , the latter provides no such services. The most common solutions are smart contracts or atomic swaps. One such decent option is Bisq, a platform where you can purchase Bitcoin with any fiat currency without providing your ID.
Sadly, the long waits and slightly higher expenses can put off a lot of traders. If your crypto trading portfolio focuses on ERC tokens, you can check out the decentralized Ox and Airswap protocols. Before you start looking for the right crypto exchange, you need to be confident with your investment plan and strategy. Do you need fiat to crypto exchange to make the deposits for your first purchases or are you going to trade cryptos only? Are you satisfied with choosing from the top five cryptos or do you need a high liquidity platform that supports altcoins too?
Does the exchange have the payment method that works for you? Finally, are you okay with disclosing your identity and providing an ID? If not, simply look for decentralized exchanges. Based on the level of platform and account security, Coinburp, Binance, and Coinbase are the three safest Bitcoin exchanges for UK traders.
They encrypt sensitive data and store funds in offline cold wallets. Similarly to a reserve vault, SAFU can be used to repay customers in case of security breaches.
Binance offers the lowest trading fees on crypto to crypto trades. The fees start at 0. If you own some Binance tokens, you can pay the fee with these coins to get an additional discount. In saying that, the most popular Cryptocurrencies are Bitcoin, followed by Ethereum and Ripple.
Although for most cryptocurrencies mainstream usage remains an unattainable goal, Bitcoin is getting more and more recognition and acceptance across various industries. The key to their success is continually investing and updating their security measures with the newest technology e. It has a strict digital coin framework that assesses the performance of crypto candidates.
The most popular type of cryptocurrency wallet is the digital wallet provided by custodial crypto exchanges or other online platforms. Since cryptocurrencies are intangible virtual money, these wallets actually store the private keys to your wallet address.
We recommend using an online digital wallet only temporarily, as they can easily get hacked. At the moment, Binance supports over 1, different digital tokens. Starting with the most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple, all the way to some lesser-known low cap altcoins, Binance satisfies the appetite of each and every trader. Traders are often torn between the two largest crypto exchanges, Binance and Coinbase, as both are reliable and fully-fledged platforms with a range of trading features.
If you look for fiat to crypto pairs, choose Coinbase instead. James is the main editor. With a passion for finance and anything blockchain, cryptocurrency is right up his alley. He's responsible for most of the content on the site, trying his best to keep everything up to date and as informative as possible.
Last Updated on December 9, These days there are a huge amount of cryptocurrency exchanges, so which one should you be using? Our rating is based on factors such as ease of use, fees, trading features and support. Featured On. James Crypto Head. This might play a factor, especially in certain exchanges that require you to be in a specific geographic area. Have they been involved in any scandals in the past? Do they generally get high ratings and glowing reviews from satisfied users?
These are a good guide to help you decide if it is the right cryptocurrency for you. Check which coins the exchange supports. The Best Altcoin Exchanges More and more traders turn to altcoins these days, mostly because they like speculating on the price of these volatile coins and making small investments.
The Cheapest Cryptocurrency Exchanges Sometimes, looking into the fee schedule of a crypto exchange can help you make a better assessment and decide whether it works with your investment plan or not. Another exchange suitable for UK retail traders is Kraken where the average fee is 0. The Largest Cryptocurrency Exchanges The largest crypto exchange is the one with the largest daily trading volume. We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.
Established in , CoinJar makes it easy to buy, sell and spend cryptocurrency. We may receive compensation when you use CoinJar. Please visit CoinJar for its exact pricing terms. This is an ad. Coinbase is the world's largest Bitcoin BTC broker. They represent an easy and fast way for new users to purchase bitcoins. Customers in the above-mentioned countries can purchase bitcoins by debit card , bank transfer, SEPA transfer, and more. We may receive compensation when you use Coinbase.
Please visit Coinbase for its exact pricing terms. Coinmama allows customers in almost every country to buy bitcoin. They charge a 4. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama. We may receive compensation when you use Coinmama.
Please visit Coinmama for its exact pricing terms. Purchases made with a credit card give you access to your bitcoin immediately. We may receive compensation when you use CEX. Please visit CEX. Our guide will show you how to buy bitcoins with a credit card on Bitpanda.
We may receive compensation when you use Bitpanda. Please visit Bitpanda for its exact pricing terms. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
We may receive compensation when you use Coinbase Pro. Please visit Coinbase Pro for its exact pricing terms. Founded mid, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries. LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Trade Bitcoin with min 30 point spreads. Overnight funding is charge on top as are fees for social trading.
Saxo has three pricing tiers. Pay less as you trade more. Bitcoin spreads from 40, Ethereum from 4 and Ripple from 1. No commission is charged. Overnight financing is charged on held positions. Coming Soon Open Account City Index claim to offer the lowest cost Cryptocurrency trading, with market-leading pricing on Bitcoin, Ethereum, Litecoin and Ripple.
Profits are tax free through spread bet trading on cryptocurrencies including Bitcoin, Ethereum, Ripple and Litecoin. What's in this guide to Bitcoin trading brokers? How do you trade in Bitcoin? How Bitcoin trading works. How to get started. What to avoid.
What to look for. A trading example. Who offers the tightest Bitcoin CFD spreads and pricing? IG Bitcoin Spreads:. Plus Bitcoin spreads:. Can you make money trading Bitcoin? Don't get scammed by Bitcoin trading adverts. So, are there any genuine Bitcoin traders in the UK? Where can you get Bitcoin trading ideas and analysis online? Good Money Guide Featured Brokers.
The FCA closes the door on Crypto derivatives for retail clients. The New CFD? Has Bitcoin Trading had its day? What does a financial trader do?
We spoke to David Corben at Spreadex to find out…. How Bitcoin trading works The most obvious way to invest in Bitcoin is simply to buy Bitcoins. How to get started If you are buying Bitcoins then you will require a Bitcoin address. What to avoid When using CFDs or placing spread bets it is possible to lose more than your initial stake. A trading example Say that a spread betting company is offering a bid price of 4, and and ask price of 4, A quick google search can save you from being a victim.
No commission fees and leverage of up to for Professional Clients, and for Retail Clients. Open Account