8 Best Crypto Exchanges & Apps in the UK for 2023

Crypto exchanges are digital marketplaces that let you buy, hold, or sell cryptocurrency. They also track supply and demand moves of various crypto coins across global markets. They rebranded in 2022 for simplicity and the change got them a lot of recognition and growth in the crypto markets.

The CoinMama exchange operates slightly differently as all users are buying and selling cryptocurrency from the CoinMama reserves. Another leading crypto exchange that boasts robust security features is Crypto.com. Crypto.com offers multiple security layers to its investors in a bid to protect them from rampant crypto cyberattacks. Aside from trading, Binance offers several other services including staking cryptocurrency, alongside its Binance NFT marketplace. Coinbase offers support to around 150 cryptocurrencies and provides secured wallet protection to safeguard crypto stored in the exchange’s wallet.

Which crypto exchange has the lowest fees in the UK?

It is still a great place to start learning more about cryptocurrencies. A list of preferably UK crypto/altcoin exchanges and list of existing currencies with values and performances where available. Once you have chosen an exchange, you can now deposit fiat money into your account and use the money to buy EOS. Kate Anderson is a deputy editor at Finder, specialising in fintech, cryptocurrency and banking. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends.

A fee applies for withdrawals, which will always be shown to you in the app before you submit your instruction. This fee consists of the network fee charged on the blockchain and an additional service fee which we may charge you for facilitating this transaction. You can find additional information about fees in our FAQs page. Like with our other currency transfers, we apply financial crime and sanctions checks and we may from time to time ask you to provide additional information. You can set up an “auto exchange”, and buy cryptocurrency in the future, if the exchange rate hits the target rate you set.

Cryptocurrency exchanges: how to choose a reliable one?

For example, you might elect to buy £100 worth of https://www.tokenexus.com/ on the 25th of each month. There is also a cashback feature offered by the platform, which rewards you with Bitcoin when you make purchases from one of its partnered retailers. This includes the likes of Waterstones, Burton, Currys PC World, Confused.com, and Boots. In terms of safety, the main Binance exchange isn’t a regulated entity like eToro, insofar that it isn’t licensed by the FCA.

Huobi is a global best cryptocurrency exchangesr that offers far more than just crypto on a grand scale. However, they have a pretty neat crypto exchange that is most known for the ability to earn interest and returns. Some people like Huobi specifically to set up a passive income, but there are other options for using this exchange too. It offers tons of high-impact features – including trading bots that let you automate your strategies.

How do you set up your own cryptocurrency exchange?

But what really sets OKX apart is its focus on emerging cryptocurrencies. Through regular updates, OKX publishes a list of promising new cryptocurrencies that traders may not yet be familiar with. So, if you’re interested in trying out the yield farming crypto model or just exploring your options as far as crypto investments go, Coinbase could be a great place to start. FTX is the ultimate platform for crypto enthusiasts and traders.