5 Best Crypto Platforms UK 2022


Looking for the best crypto trading platform UK? 7% of the UK population own crypto. Fancy joining them?

Below we review five of the best crypto trading platforms. We probe what each offers in the way of regulation, security, ease of use, range of crypto, fee structure and extras.

The 5 Best Crypto Platforms UK for 2022

Which qualifies as best crypto trading platform UK? You decide.

  • eToro – Best UK crypto trading platform; pioneer of newbie-friendly social trading.
  • Crypto.com – Best platform for crypto trading
  • Houbi – Top-rated exchange with 10m users.
  • Coinbase – Giant exchange with good newbie options.
  • Binance – The biggest global exchange with powerful trading options.

The Best UK Crypto Trading Platforms Reviewed

Let’s review the top 5 best crypto trading platforms UK.

Broker eToro – the Best UK Crypto Trading Platform

Global broker eToro has attracted 23m users since its launch in 2007. Although eToro charges spread fees like every other vendor, eToro offers zero commission on trades and you can invest as little as $10 in a single crypto.

5-Best-Crypto-Platforms-UK-for-2022

eToro’s CopyTrading feature allows you to choose an expert and allocate funds that will be used to match their trades in real-time. eToro’s crypto smart portfolios allow you to invest in an exclusive portfolio position based on a particular strategic approach.

With approaching 50 crypto to choose from, you will not be stuck for crypto choice. And eToro is always adding to its crypto selection (with Bancor, 0x, dYdX and Ankr added in February 2022).

eToro’s smartphone app is hugely popular in the UK, with 10m+ 2021 downloads. Check out the free eToro Money crypto wallet too.

Visit eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk.

Crypto.com – Best Exchange for Crypto Finance

5-Best-Crypto-Platforms-UK-for-2022-1

Crypto.com is the tenth-biggest crypto exchange. It handles over $2.6bn of crypto business a day. As you would expect, you get a great range of 250 crypto choose from, including the major blockchains, minor altcoins and DeFi tokens. Crypto.com uses a maker/taker fee structure, which means you will generally pay only 0.4% on trades.

Crypto financing is a big strength of this exchange with numerous options. Particularly impressive is the supercharged staking option, which allows you deposit coins to earn rewards without having to lock them in for a set period: earn up to 14.5% APY.

With the Crypto.com credit card you can spend your crypto as well as earn up to 8% back. You can also earn rewards in the form of the in-house token (CRO) for completing certain tasks. The company says their smartphone app is the fastest-growing in the world, and it’s certainly considered to be easy to use. A free wallet is available too, which gives you complete control over your private keys as well as biometric authentication.

Definitely one of the top crypto trading platforms UK, Crypto.com is worth seeing for its crypto financing options alone.

Visit Crypto.com Now

Your capital is at risk.

Houbi – Top-rated Exchange with 10m Users

5-Best-Crypto-Platforms-UK-for-2022-2

What makes Asian exchange Houbi stand out is its impressive range of 348 crypto to trade. Using credit card, you can buy up to 20 types of crypto (including Bitcoin and Ethereum) instantly with GBP. Or you can try out P2P trading, or trade crypto pairs using your account balance.

Also impressive are Huobi’s joining and trading incentives. You earn $20 for signing up, $40 for depositing $40 within 2 days and another $40 for trading within 2 days. Numerous other incentive packages encourage you to trade for rewards. A full range of crypto financing products (loans, staking etc.) is on offer too, as well as margin trading for confident investors. Also, users are offered a free smartphone app and crypto wallet.

Although currently unregulated in the UK, Houbi offers strict security in the form of multi-signature, cold wallet storage as well as a 20,000 BTC Security Reserve Fund.

Visit Huobi Now

Your capital is at risk.

Coinbase – Giant Exchange with Good Newbie Options

5-Best-Crypto-Platforms-UK-for-2022-3

Coinbase boasts a daily trading volume of $2bn and has attracted an impressively-sized user-base of 73m users. You can trade Coinbase stock on eToro, and Coinbase is almost as easy to use as eToro, with a simple sign-up process and plenty of help for the crypto newbie. Coinbase’s choice of crypto (158+) outmatches eToro, but there is no social trading, nor specific regulation in the UK.

This exchange has a great name for security. It was one of the first exchanges to introduce cold storage — keeping client funds mostly offline. When it comes to trading fees, Coinbase’s reputation is less good. A mixed system of flat fees and commissions applies which compares poorly to eToro’s zero commission structure. Coinbase said last year a new fee system is on its way.

As is standard in the industry, Coinbase offers a free wallet and smartphone app (4.7/5 App Store score).

Visit Coinbase Now

Your capital is at risk.

Binance – The Biggest Global Exchange with Powerful Trading Options

5-Best-Crypto-Platforms-UK-for-2022-4

As the biggest crypto exchange in the world, Binance is sometimes called the best Bitcoin trading platform. With Binance you can get a great commission rate of just 0.1% on Bitcoin and other crypto trades. Binance does £12bn of crypto business every day, and boasts advanced trading options to match. By owning Binance Coin (BNB), the in-house crypto, you can get further reductions on trading fees.

You can buy crypto using GBP with credit card or by funding your account. Or swap crypto using a crypto wallet. You can use P2P trading and deal directly with other investors. Crypto financing is available with staking, liquidity farming and crypto saving. Like Coinbase, Binance offers a credit card which you can use to spend your crypto.

Unlike eToro, no social trading is available. But the help guides are excellent. If you can overlook the lack of regulation, Binance is a must-see.

Visit Binance Now

Your capital is at risk.

How to Choose the Best Crypto Trading Platform UK for You

Regulation

Broker eToro, the best crypto trading platform UK, is regulated by the UK’s stringent Financial Conduct Authority (FCA). This is a reassuring, elite accreditation. Exchanges tend to be less well-regulated.

User experience

Users nowadays expect a slick experience on their smartphone particularly. eToro’s app is the most downloaded in the UK.

Tradable Cryptos

Exchanges outclass brokers for range of crypto. But all the UK crypto trading platforms we have reviewed offer the full range of major crypto, including the giants Bitcoin and Ethereum.

Fees

eToro’s tight spreads on crypto trades is hard to beat.

Tools and Features

All crypto vendors tend to offer a free wallet and smartphone app. For ease of use and high security, we recommend the eToro Money crypto wallet.

How to Use a Crypto Trading Platform in the UK

UK crypto trading platforms generally work the same way. Get going with four steps:

1. Sign up with leading broker eToro

Head to eToro.com. Supply a few personal details or sign up swiftly with Facebook or Google.

5-Best-Crypto-Platforms-UK-for-2022-5

2. Verify your ID with eToro

Supply scans of valid personal ID and address ID. Use your valid passport for quickest verification.

5-Best-Crypto-Platforms-UK-for-2022-6

3. Deposit Funds with eToro

You can deposit GBP using handy PayPal, bank transfer, credit/debit card and a range of e-wallets. No deposit fee applies.

5-Best-Crypto-Platforms-UK-for-2022-7

4. Buy Crypto with eToro in Seconds

First find the crypto you want. Type its name into the top search bar.

5-Best-Crypto-Platforms-UK-for-2022-8

Click on the crypto’s logo to access its homepage for stats, charting tools and newsfeed. Press ‘Trade’ to enter your trade instructions.

5-Best-Crypto-Platforms-UK-for-2022-9

Enter your investment and press the ‘Open Trade’ button.

Conclusion

We recommend eToro as the best crypto trading platform UK. With low fees on crypto trades, stringent FCA regulation and great newcomer support with its free social trading tools, eToro has established a well-deserved premiere reputation amongst the top crypto trading platforms UK. Invest as little as $10 with tight spreads.

Visit eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk.

Disclaimer:

The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to the same. BCCL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The article does not constitute investment advice. Law relating to virtual digital assets/ crypto technology is evolving. Readers to comply with all applicable laws, including but not limited to applicable taxation laws. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. Above Content does not promote, suggest or present the Crypto to be a way to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.

Disclaimer: Content Produced by CryptoPR



Read More: 5 Best Crypto Platforms UK 2022

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments