The United Kingdom has emerged as a key player in the global cryptocurrency market, with increasing adoption driven by secure, user-friendly platforms and growing public interest. For both new and experienced investors, selecting the right crypto exchange is crucial to maximizing opportunities while minimizing risks. With a range of options available, each catering to different trading styles and priorities—from low fees and regulatory compliance to advanced tools and social trading features—finding the best fit requires careful evaluation.
This guide explores the top cryptocurrency exchanges in the UK, highlighting their unique strengths, fee structures, security protocols, and key features. Whether you're a beginner seeking simplicity or an advanced trader looking for leverage and futures, this overview will help you make an informed decision in 2025’s evolving digital asset landscape.
Top 5 Best Crypto Exchanges in the UK
1. Best for Beginners: Coinbase
Launched in 2012, Coinbase has grown into one of the most trusted names in cryptocurrency, serving over 100 million users worldwide. Its clean interface, intuitive design, and robust educational resources make it ideal for those just entering the crypto space. The platform supports more than 200 cryptocurrencies, including major assets like Bitcoin, Ethereum, and Cardano.
While Coinbase offers convenience, it comes with higher fees compared to competitors. Buying crypto with a debit card incurs a 3.99% fee, significantly above industry averages. Trading fees vary based on transaction size and method but generally remain on the higher side. Despite this, Coinbase excels in security—implementing two-factor authentication (2FA), device verification, and storing 98% of customer funds in offline cold storage.
Coinbase is fully compliant with UK regulations, registered with the Financial Conduct Authority (FCA), and enforces strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. It also provides a built-in crypto wallet through its mobile app (available on iOS and Android), allowing seamless trading and storage.
👉 Discover a beginner-friendly platform with strong security and wide coin selection.
2. Best for Advanced Traders: Kraken
With over 10 million users globally, Kraken stands out as a top choice for experienced traders. It offers competitive trading fees starting at just 0.16%, which decrease as trading volume increases. Instant buy options carry a modest 1.5% fee (0.9% for stablecoins), making it cost-effective for active traders.
Kraken’s reputation for security is unmatched—having never suffered a major breach—and it has received the CSO50 award for excellence in cybersecurity. The exchange stores 95% of user funds in cold storage and supports advanced features such as margin trading, futures contracts, and detailed charting tools via Kraken Pro.
Regulated by the FCA and compliant with UK AML/KYC standards, Kraken supports over 200 cryptocurrencies and provides its own secure wallet solution. Its combination of low fees, regulatory adherence, and professional-grade tools makes it a powerful platform for serious investors.
3. Best for Copy Trading: eToro
For those interested in social investing, eToro offers a unique edge with its copy trading functionality. This feature allows users to automatically replicate the trades of experienced investors, lowering the learning curve for newcomers. With thousands of verified traders to choose from and a $10 minimum investment, entry is accessible.
eToro supports over 70 cryptocurrencies, including Bitcoin, Dogecoin, Ethereum, and Ripple. Trading fees are straightforward—a flat 1% fee on all crypto transactions—while deposit fees stand at 0.5% for GBP payments via debit card. Bank transfers may take 1–2 days but typically have lower or no fees.
Beyond crypto, eToro enables trading in stocks, ETFs, and CFDs (though CFDs are restricted for retail investors in the UK due to FCA rules). Its mobile app offers full functionality for trading and storing digital assets on the go. Additionally, eToro provides prebuilt Crypto Smart Portfolios that allow diversified exposure to themed baskets of cryptocurrencies.
4. Best for Diversification: PrimeXBT
PrimeXBT appeals to traders seeking broad investment options beyond just cryptocurrencies. The platform supports trading in crypto, forex, stock indices, commodities like gold and oil, and even energy markets—making it ideal for portfolio diversification.
Trading fees are highly competitive, starting at just 0.01% for spot trades and even lower for futures (0.01% maker / 0.02% taker). There's no minimum deposit requirement, allowing users to start small. However, fiat deposits are limited to third-party services like AdvCash and Perfect Money, which may deter some UK users.
PrimeXBT also offers copy trading and a comprehensive educational hub called PrimeXBT Academy, covering blockchain basics, NFTs, and technical analysis. While it doesn’t offer a native wallet, its focus on low fees, multi-asset access, and learning resources makes it a compelling option for intermediate investors.
👉 Explore a versatile platform offering crypto, commodities, and copy trading in one place.
5. Best for Spot Trading: MEXC
MEXC distinguishes itself with zero fees on spot trading—a rare advantage in today’s market—making it highly attractive for high-volume traders focused on buying and selling without added costs. Futures trading fees start as low as 0.02%, with maker orders sometimes charged at 0%.
The exchange lists over 1,000 cryptocurrencies, providing exceptional variety compared to most platforms. Users can leverage positions up to 10x, stake popular coins like Bitcoin and Polkadot (earning up to 10% APY), and participate in new project launches via MEXC Launchpad.
Security measures include mandatory KYC/2FA verification and cold storage for over half a billion dollars in user assets. MEXC also offers 24/7 customer support and advanced trading tools accessible via desktop or mobile app (iOS/Android). While debit card purchases carry a 2% fee, its overall value proposition remains strong for spot-focused investors.
How to Choose the Right Crypto Exchange in the UK
Selecting the best crypto exchange involves evaluating several critical factors:
Regulation and Security
Always prioritize exchanges registered with the Financial Conduct Authority (FCA). Regulatory compliance ensures adherence to AML/KYC standards and adds a layer of legitimacy and investor protection.
Available Cryptocurrencies
Look for platforms offering a wide selection of cryptocurrencies, including major coins like Bitcoin and Ethereum, as well as popular altcoins such as Dogecoin, Cardano, and BNB.
Fees Structure
Compare deposit, withdrawal, trading, and spread fees across platforms. High fees can erode profits over time—especially for frequent traders—so transparency is key.
Payment Methods
Ensure your chosen exchange supports convenient UK payment methods, such as bank transfers, debit cards, or digital wallets, with reasonable processing times and minimal fees.
Mobile Experience
A reliable mobile app enhances accessibility and usability. Look for platforms offering secure wallets, real-time alerts, and full trading functionality on iOS and Android devices.
Are Crypto Exchanges Legal in the UK?
Yes, cryptocurrency exchanges are legal in the UK. However, crypto assets themselves remain unregulated by the FCA. That said, exchanges operating in the UK must register with the FCA under anti-money laundering regulations.
Notably, certain products like CFDs, futures, options, and perpetual swaps on crypto are banned for retail investors due to high risk. Always verify whether a platform complies with these restrictions.
Frequently Asked Questions
What is the best crypto exchange for beginners in the UK?
Coinbase is widely regarded as the best option for beginners due to its simple interface, strong security measures, educational content, and FCA registration.
Which exchange offers zero trading fees in the UK?
MEXC offers 0% fees on spot trading—a standout feature that benefits active traders looking to minimize costs.
Is Kraken available and regulated in the UK?
Yes, Kraken operates legally in the UK and is compliant with FCA regulations, offering robust security and advanced trading tools.
Can I copy trade on UK crypto platforms?
Yes—eToro and PrimeXBT both offer copy trading features that allow users to mirror successful traders’ portfolios automatically.
Do I need to pay taxes on crypto gains in the UK?
Yes—capital gains from cryptocurrency are subject to Capital Gains Tax (CGT) if they exceed your annual tax-free allowance.
Which exchange has the most cryptocurrencies available?
MEXC leads with over 1,000 tradable cryptocurrencies, far surpassing most other platforms in terms of variety.
👉 Compare top exchanges with low fees and strong security today.