Best Crypto Exchange in the UK July 2025

Zac McClure
ByZac McClure, MBAReviewed byAlex MilesUpdated on April 11, 2025 · minute read
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  • Our experts have reviewed the top crypto exchanges in the UK, including Binance, Gate.io, and Gemini, with detailed insights into each platform’s strengths and drawbacks to help you make an informed choice.

  • We applied a rigorous selection process for these exchanges, evaluating security, available crypto pairs, fees, and regulatory compliance. Do your own research and understand risks and tax implications before investing in crypto.

Our top picks for the best crypto exchanges in the UK

Our team compared seven UK-compliant exchanges on FCA registration, GBP deposit/withdrawal methods, fee structures, and overall reliability. We also looked at local support options and user feedback from UK residents. Here are our top three picks:

Coinbase

Best UK crypto exchange for new crypto users

Gate.io

Best UK crypto exchange for new assets

Gemini

Best UK crypto exchange for total beginners

Best crypto exchanges in the UK reviews

Below are our complete expert reviews of the best crypto exchanges in the UK, with pros and cons to help you quickly identify the best exchange for your goals in crypto.

Always do your own research and understand the risks involved before trading crypto, and connect with one of our crypto tax professionals with questions about tax filing, planning, and strategy.

Binance

Best UK crypto exchange for active traders

Binance, established in 2017, has locked in a position as the global crypto exchange leader. It stands out with a broad spectrum of supported assets, a massive user base, and impressive liquidity. UK investors seeking active crypto trading will find over 350 cryptocurrencies on the platform. Furthermore, selected trading pairs, including BTC/GBP, offer zero-commission trading. Binance also presents a sliding scale of trading fees, starting at 0.1%, which reduces with increased trading volume.

Bitstamp

Best best cryptocurrency exchange in the UK for basic trades

Bitstamp, founded in 2011, is a Luxembourg-based cryptocurrency exchange offering UK users a straightforward and accessible trading experience. With a curated selection of 81 cryptocurrencies, Bitstamp prioritizes quality over quantity. Although it may not be the most cost-effective exchange, its transparent fee structure ensures users are fully informed.

Coinbase

Best UK crypto exchange for new crypto users

Coinbase, born in California in 2012, stands as one of the most recognized names in the cryptocurrency realm. With over 100 million users, Coinbase is renowned for its unwavering dedication to security and user-friendliness. The platform's remarkable achievement is storing 99% of crypto assets in cold storage. It provides an educational app alongside its exchange services.

Crypto.com

Best cryptocurrency exchange in the UK for user experience

Founded in 2016, Crypto.com is recognized for its user-centric interface and an extensive range of 250+ cryptocurrencies. The platform prioritizes security, offering industry-leading insurance coverage, and introduces features such as staking and borrowing. However, please be cautious as trading fees may vary, and instant buy credit/debit purchases incur additional charges.

eToro

Best UK crypto exchange for safety

Since its inception in 2007, eToro has serviced more than 25 million customers over 16 years, earning the distinction of the top UK crypto exchange in 2023. The platform provides a diversified asset array that includes cryptocurrencies, stocks, indices, commodities, currencies, and ETFs.

Gate.io

Best UK crypto exchange for new assets

Gate.io, established in 2013, was the inaugural cryptocurrency exchange in China, later relocating to the Cayman Islands. It now ranks among the top global exchanges. With a portfolio of over 1,400 cryptocurrencies and 2,500 trading pairs, Gate.io stands out for investors seeking exposure to emerging crypto assets.

Gemini

Best UK crypto exchange for total beginners

Established in 2014, Gemini stands out for providing a beginner-friendly experience and a selection of 100 cryptocurrencies. However, the platform's sliding fee structure can be relatively costly, which may affect some users' preferences.

Kraken

Best UK crypto exchange for security

Based in San Francisco, California, and introduced in 2013, Kraken enjoys a reputation for high security and a solid user experience. UK users find a welcoming environment on this exchange. With a 24-hour trading volume of $883 million, Kraken stands as one of the top cryptocurrency exchanges worldwide. Kraken has never experienced a security breach and regularly audits to prove reserve balances.

OKX

Best UK crypto exchange for mobile

Launched in 2017 and based in the Seychelles, OKX boasts a range of 350+ cryptocurrencies and offers a wide array of crypto finance options. It's known for its user-friendly smartphone app.

What is the safest crypto exchange in the UK overall?

When it comes to the safest crypto exchange in the UK, eToro stands as the most secure choice. With rigorous regulation by the FCA, comprehensive security protocols, and a well-established track record, it distinguishes itself as a platform that prioritizes safety for cryptocurrency trading.

Different types of exchanges in the UK

Crypto exchanges in the UK take various forms, including order book exchanges that facilitate trades between buyers and sellers on their platform and brokerage platforms like eToro that simplify direct crypto purchases. Each type offers distinct features to cater to diverse user preferences.

Which UK crypto exchange has the lowest fees? 

When evaluating fees, Binance emerges as one of the top contenders. It offers some of the lowest trading fees, with the potential for zero-commission trading on specific pairs. However, it's important to consider additional factors such as deposit fees and the range of available cryptocurrencies when making your selection.

Note, however, that in October 2023, Binance stopped accepting new users in the UK to comply with the FCA. Despite Binance's prior partnership with Rebuildingsociety.com for ad approval, the FCA recently stated that the firm was not authorized for crypto ad approvals.

Binance is working with the FCA to find another authorized entity for ad approval. Existing UK users who have completed the required “Investor Declaration and Appropriateness Test” tests will still have access to services but cannot access new products and services during this period.

What is the best crypto exchange in the UK for beginners?

For crypto beginners, Gemini is our choice for the best crypto exchange in the UK. It boasts a user-friendly interface and robust security measures, making it an excellent entry point for individuals new to cryptocurrency trading.

Final verdict about the best UK crypto exchange 

Finally, the best crypto exchange in the UK for you will depend on your individual requirements, goals, and priorities in crypto. Whether you prioritize variety, low fees, mobile accessibility, or user-friendliness, you'll find a suitable platform among our top recommendations.

It's essential to conduct your research before investing in cryptocurrencies. When you require support with cryptocurrency taxes, consider collaborating with one of our crypto tax experts for added guidance.

Schedule a FREE crypto tax consultation

Best UK crypto exchange FAQs

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TokenTax reviews take an unbiased approach to our recommendations. When you use our links to buy products, we may earn a commission but that in no way affects our editorial independence.

Zac McClure
Zac McClureCo-Founder & CEO at TokenTax
Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. He has worked in more than half-dozen countries and received his MBA from the UPenn Wharton School.
Alex Miles
Reviewed byAlex MilesCo-Founder at TokenTax
Prior to TokenTax, Alex worked as a Product Designer at Dropbox and before that Readmill (acquired by Dropbox). He holds a BS in Digital Information Design - Interactive Media from Winthrop University.

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