Best crypto exchange UK, Friends, we are all aware that the cryptocurrency business is full of scams. We must therefore know which cryptocurrency exchange is safe and secure to invest in before making any bitcoin investments. In this article, we’ll talk about the top 5 cryptocurrency exchanges in the UK.
Table of Contents
Kraken Exchange ( Best Crypto Exchange UK )
Friends, Kraken Exchange is the top exchange on our list of the best crypto exchanges UK. One of the most recognized and reputable cryptocurrency exchanges is Kraken Exchange, which was founded in 2011.
On Kraken, you may exchange more than 120 crypto coins. Margin trading, a respectable selection of tradable coins, and powerful trading tools are all provided by Kraken. Although Kraken Pro members receive a discount, its trading fees are not the lowest for users of the bassic Kraken exchange. 0.99% for stable currencies and 1.50% for other coins are the customary trading costs.
Cons
1. Trading fees are very high
2. Complaints about hacked accounts
Pro
1. Good Customer Support
2. Advanced features
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2. Coinbase Exchange ( Best Crypto Exchange UK )
In our ranking of the top cryptocurrency exchanges in the UK, Coinbase is ranked second. The Coinbase exchange offers trading in more than 150 stable coins. This exchange is renowned for its user-friendly design, which makes one-off or ongoing cryptocurrency trades simple.
Customers interested in Coinbase’s Advanced trading offering, which will also have greater security and features like in-depth technical analysis, should think about paying for it.
Cons
1. Exorbitant conversion costs
2. Flat-rate trading costs of 1%
Pro
1. An easy-to-use interface and buying procedure
2. Enables users to stack Solana, Cardano, Cosmos, Ethereum, and Algo (ALGO), among other cryptocurrencies.
3. Positive customer feedback and security aspects
3. Crypto.com ( Best Crypto Exchange UK )
Crypto.com is the next best crypto exchange UK, according to our data. Crypto.com enables margin trading and receives excellent marks for cybersecurity despite having fewer tradable coins and higher fees. Cronos (CRO), the company’s native token, can be used to pay fees and receive benefits.
Cons
Increased costs for low volume trade
Pro
1. Reliable Security
2. A decent amount of coins
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4. Gemini Exchange ( Best Crypto Exchange UK )
The Gemini Exchange offers trading in more than 120 Crypto Coins. A maker fee of 0.02% and a taker fee of 0.04% are included in its trading fees.
Any degree of ability can trade cryptocurrencies on Gemini Exchange. The platform is jam-packed with numerous features, including the special Gemini Earn program for earning income on cryptocurrency holdings.
Cons
1. Fewer alternatives for customer service
2. Complicated fee structure when spot trading is not used
3. Some well-known coins, such as Cardano (ADA), are not accessible.
Pro
User interface that is simple and clear
5. eToro Exchange ( Best Crypto Exchange UK )
More than 65 crypto coins can be traded on the 2007-established eToro Exchange, which also provides an integrated wallet. The platform is simple to use and provides advanced and novice users with a variety of educational resources.
Cons
2020 hacking
Pro
1. marketable token with 65+
2. Reasonably priced flat fees
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CashApp ( Best Crypto App UK )
CashApp, which is well-known in the US and is now accessible in the UK, charges a fixed fee of 1.75% for customers to trade Bitcoin (but not any other cryptocurrency asset).
Cons and Pro
easy fees
A single tradeable coin
Disclaimer “The data in this post was gathered through a survey of more than 25 crypto exchange comparisons. Consult your financial advisor if you’re still unsure about which cryptocurrency exchange is the best choice for investing in cryptocurrencies.
