Top 5 Crypto Exchanges In The UK
CEO Ram Tumuluri “You may be aware at this point, especially if you’ve done any research, that there are so many platforms that allow you to trade Bitcoin online, but which ones are genuinely worth using? With so many things to consider, such as fees, banking methods, supported currencies, ease of use, licensing, and so on, it’s easy to get overwhelmed. That’s why, in this post, we’ve reviewed some of the top crypto exchange options available in the UK so you can make an informed decision and begin investing in Bitcoin. Let’s get started.”
Ram Tumuluri “At present, an increasing number of businesses and people are adopting or exploring ways to adopt cryptocurrency.”
On top of our list is eToro, which is by far one of the safest and most cost-effective cryptocurrency exchange platforms available in the UK, thanks to its complete FCA regulation. It also has licenses from the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investment Commission (ASIC), and the Financial Industry Regulatory Authority (FINRA). Aside from equities, ETFs, and various CFD markets, you can buy 23 different cryptocurrencies on eToro, with Bitcoin being one of the most popular.
Binance is not merely an exchange, but it also has its own blockchain and cryptocurrency, making it a complete ecosystem. Binance’s online wallet, called the Trust Wallet, allows you to trade over 300 different cryptocurrencies. The registration process is simple, and the site works well on both PC and mobile devices. The Binance platform also has a number of tools and features that should meet the demands of any professional. It also includes chart reading tools, technical indicators, and the option to integrate your API with third-party sources.
Coinjar is a cryptocurrency broker and exchange that is designed for those who are new to the world of cryptocurrency trading. This platform simplifies the process of purchasing and selling digital currencies, and it’s also free of complex features that only an expert would be aware of. You can easily create an account by uploading your photo ID and purchasing the cryptocurrency you want. It lets you trade a variety of alternative cryptocurrency pairs, as well as a comprehensive range of digital currency pairs priced against GBP.
Luno has one of the well-designed mobile applications. You can trade cryptocurrencies from anywhere, and it’s designed to work on both iOS and Android smartphones. It accepts a variety of payment options, and deposits are levied at an appealing rate of 3.5 percent. Luno maintains 95% of his money in cold storage, which is quite appealing. The app also has a savings account option, which allows you to earn up to 4% interest per year on your cryptocurrency balances. It’s geared for emerging markets, with a brokerage service, as well as a Bitcoin wallet and developer API.
CoinCorner is known for its speed, and the platform functions more like a cryptocurrency brokerage than an exchange. It solely allows for Bitcoin purchases and is designed for individuals who want to purchase Bitcoin and hold on to it for several months. This is owing to the fact that it features a one-stop account setup process that takes only a few minutes to complete. Users need to register by providing some personal info, after that, it’s just a matter of making a deposit with your preferred payment method.