Best Cryptocurrency Exchange for UK (2025) | Low Fees & Cashback Deals

The cryptocurrency market in the UK has grown significantly in recent years, with more retail and institutional investors entering the space. As crypto adoption rises, choosing a trusted cryptocurrency exchange in the UK is crucial to ensuring security, low fees, and access to cashback rewards.

Best Cryptocurrency Exchange for UK (2025) | Low Fees & Cashback Deals

Why Choosing a Trusted Crypto Exchange Matters?

Not all exchanges are suitable for UK traders. To find the best crypto exchange UK, consider the following key factors:
Regulation & Security – Is the exchange regulated by the FCA (Financial Conduct Authority)? What security measures are in place?
Trading Fees & Deposit/Withdrawal Methods – Does the exchange support GBP deposits? How competitive are its trading and withdrawal fees?
Range of Crypto & Trading Options – Does it offer Bitcoin, altcoins, staking, futures, margin trading, and P2P transactions?
User Experience & Customer Support – Is the platform user-friendly? Does it offer 24/7 support and a mobile app?
Cashback & Discounts – Some exchanges provide trading fee rebates and cashback rewards, helping traders save on costs.

Finding the Best Crypto Exchange in the UK

Based on these factors, we have compiled a list of the best cryptocurrency exchanges for UK traders in 2025. Whether you are a beginner, a professional trader, or looking for the lowest trading fees, we’ve got you covered.

📌 Looking for a secure and reliable crypto exchange in the UK?
👉 Here are the top platforms with the best trading fee discounts and cashback rewards! 🚀

How to Choose the Best Crypto Exchange in the UK?

With numerous cryptocurrency exchanges available, selecting the best UK crypto trading platform can be challenging. Whether you’re a beginner or an experienced trader, it’s essential to evaluate exchanges based on key criteria to ensure security, cost-effectiveness, and ease of use. Below are the most important factors to consider when choosing the most secure crypto exchange UK.

1️⃣ Security & Regulatory Compliance (FCA Regulated Crypto Exchange)

Security should be a top priority when selecting an exchange. The Financial Conduct Authority (FCA) regulates certain crypto platforms in the UK, ensuring compliance with financial laws. Key security features to look for include:
FCA regulation – Check if the exchange is registered with the FCA for enhanced consumer protection.
Two-Factor Authentication (2FA) – Adds an extra layer of security to your account.
Cold Wallet Storage – Top exchanges store a significant portion of funds in offline wallets to prevent hacking.
Insurance Coverage – Some exchanges offer insurance protection for digital assets.

📌 Example: Kraken is one of the most secure FCA-regulated exchanges in the UK, offering advanced encryption and cold storage solutions.

2️⃣ Trading Fees & Deposit/Withdrawal Costs (UK Crypto Exchange Deposit Fees, Crypto Trading Fees UK)

Fees can impact your profitability, so it’s crucial to choose an exchange with transparent and competitive pricing. Consider:
Trading fees – Look for low maker/taker fees (e.g., Binance: 0.1%, Kraken: 0.16%).
Deposit/withdrawal fees – Some exchanges charge no fees for GBP bank transfers, while others impose high card transaction costs.
Hidden costs – Be aware of spread fees (especially on platforms like eToro or Coinbase).

📌 Example: Binance offers some of the lowest trading fees, while Coinbase charges higher fees but provides a more beginner-friendly experience. See Binance vs Coinbase UK.

3️⃣ Range of Cryptocurrencies & Trading Options (Best UK Exchange for Altcoins, Best UK Exchange for Staking)

The best exchanges support a wide range of cryptocurrencies and diverse trading features, including:
Altcoins & Stablecoins – Platforms like Binance and OKX support 500+ cryptocurrencies, while others offer fewer options.
Staking & Earn Features – Earn passive income by staking crypto on platforms like Kraken or Crypto.com.
Futures & Margin Trading – Advanced traders may prefer derivatives platforms like Binance Futures, Bybit, or OKX.

📌 Example: For altcoin trading, Binance and OKX offer the best selection, while Kraken is known for its staking rewards.

4️⃣ User Experience & Customer Support

A seamless user experience is essential, particularly for beginners. Consider:
Ease of use – Is the platform intuitive, and does it offer a mobile app for on-the-go trading?
Customer support – 24/7 live chat and email support are valuable for quick issue resolution.
Educational resources – Some exchanges provide tutorials and demo trading options for new users.

📌 Example: Coinbase is one of the most user-friendly platforms, making it a great choice for beginners. Compare with Kraken vs eToro UK.

5️⃣ Cashback & Trading Fee Discounts (Best Exchange with Cashback UK)

To maximize savings, look for platforms offering trading fee rebates, cashback rewards, or referral bonuses:
Cashback programs – Some exchanges, like Crypto.com, offer up to 8% cashback on card transactions.
VIP fee discounts – Binance and Kraken provide tiered fee structures that lower costs for high-volume traders.
Referral & sign-up bonuses – Many platforms offer welcome bonuses for new users.

📌 Example: Crypto.com and Binance offer some of the best cashback rewards for UK traders. Check Best Crypto Cashback UK.

Final Thoughts: Choosing the Best UK Crypto Exchange

When selecting the best cryptocurrency exchange in the UK, it’s important to evaluate security, fees, available assets, and additional perks like cashback. Whether you’re looking for the most secure FCA-regulated platform, the lowest fees, or the best staking rewards, the right exchange depends on your trading needs.

Top Best Cryptocurrency Exchanges for UK in 2025

Finding the best place to buy crypto in the UK depends on your priorities—whether you want low fees, security, staking rewards, or cashback offers. Below, we break down the top crypto exchanges UK for different types of traders.

1️⃣ Binance – Best for Low Fees & Cashback

Binance is the best Bitcoin exchange UK for traders looking for low fees and cashback incentives. It offers a wide range of trading products, including spot, futures, margin, and staking.

Lowest trading fees – Only 0.1%, with discounts when using BNB.
Advanced trading options – Supports futures, margin, staking, and P2P trading.
Cashback & VIP discounts – Up to 20% cashback when using a referral link and BNB payments.

⚠️ Downside: Binance no longer supports direct GBP deposits, so users must rely on P2P trading or third-party services.

👉 Comparison: Binance vs Coinbase UK

2️⃣ Coinbase – Best for Beginners

If you’re new to crypto, Coinbase is the best exchange for a simple and user-friendly experience. It allows users to buy Bitcoin and other cryptocurrencies directly with GBP.

Beginner-friendly – Simple interface with easy-to-use mobile and web apps.
Direct GBP deposits – Supports UK bank transfers, debit cards, and PayPal.

⚠️ Downside: Higher fees compared to Binance – 1.49% when buying with a bank transfer and up to 3.99% for card purchases.

3️⃣ Kraken – Best for Security & Trading Features

For traders looking for a highly secure and FCA-regulated exchange, Kraken is an excellent choice.

FCA-regulated – One of the most secure crypto exchanges in the UK.
Diverse trading options – Supports futures, margin trading, and staking.

⚠️ Downside: Does not support direct GBP purchases – users need to deposit USD/EUR and convert.

👉 Comparison: Kraken vs eToro UK

4️⃣ eToro – Best for Social Trading

eToro is the best UK crypto trading platform for those who want to follow and copy successful traders.

Copy trading – Follow and replicate trades from top crypto investors.
GBP-friendly – Supports direct deposits and eToroX wallet.

⚠️ Downside: Higher spread fees, making it less cost-effective for active traders.

5️⃣ OKX – Best for Futures & Derivatives

For advanced traders looking for low trading fees and futures trading, OKX is one of the best choices.

Ultra-low fees0.08% maker fee, 0.1% taker fee (cheaper than Binance).
Advanced trading features – Supports copy trading, futures, and DeFi Earn.

⚠️ Downside: OKX is not FCA-regulated, which may be a concern for UK traders looking for added security.

6️⃣ Crypto.com – Best for Cashback & Rewards

If you’re looking for cashback rewards and passive income opportunities, Crypto.com is a top contender.

Crypto cashback – Earn up to 8% cashback when using the Crypto.com Visa card.
Staking & DeFi Earn – Supports staking, lending, and DeFi yield farming.

⚠️ Downside: The interface may be complex for new traders.

👉 Comparison: Best Crypto Cashback UK

Which Crypto Exchange is Best for You?

  • Best for low fees & cashbackBinance
  • Best for beginnersCoinbase
  • Best for security & FCA regulationKraken
  • Best for social tradingeToro
  • Best for futures & derivativesOKX
  • Best for cashback & rewardsCrypto.com

📌 Want to find the best exchange for your needs?
👉 Check out our detailed comparisons & fee breakdowns in the next sections! 🚀

Comparison Table: Best UK Crypto Exchanges

Choosing the right exchange can be overwhelming, so we’ve created a clear and easy-to-read comparison table to help you decide. Below is a breakdown of the best UK crypto exchanges based on fees, cashback, GBP support, and regulation.

ExchangeBest ForTrading FeesCashback (via Crypto Best Exchange)GBP SupportFCA Regulated
BinanceLow Fees & Cashback0.1%Spot: 40%, Futures: 41%No (P2P)❌ No
CoinbaseBeginners1.49%❌ NoYes✅ Yes
KrakenSecurity & Trading0.16%❌ NoNo✅ Yes
eToroSocial TradingSpread-based❌ NoYes✅ Yes
OKXFutures Trading0.08%Spot: 40%, Futures: 40%No❌ No
Crypto.comCashback & Rewards0.4%Up to 8% (via Visa Card)Yes❌ No

Key Updates & Takeaways

Binance now offers up to 41% trading fee cashback when signing up through Crypto Best Exchange, making it the most cost-effective option.
OKX also provides up to 40% cashback on trading fees, making it an excellent choice for futures traders.
✅ If you’re looking for zero-hassle GBP deposits, Coinbase, eToro, and Crypto.com remain the best options.
Kraken remains the most secure and FCA-regulated platform, but does not support direct GBP trading.
Crypto.com’s cashback rewards through its Visa card are still a strong incentive for users looking to earn while spending crypto.

📌 Want to maximize your trading profits? Sign up via Crypto Best Exchange and enjoy exclusive cashback on Binance and OKX! 🚀

How to Buy Bitcoin in the UK: Step-by-Step Guide

Buying Bitcoin in the UK is easier than ever, thanks to multiple payment options and user-friendly exchanges. Whether you’re a beginner or an experienced trader, this guide will walk you through the process.

1️⃣ Choose a Trusted Crypto Exchange

Before buying Bitcoin, you need to select a secure and reliable exchange. Here are the top options for UK users:

  • Binance – Best for low fees & cashback (Spot: 40%, Futures: 41% via Crypto Best Exchange)
  • Coinbase – Beginner-friendly, easy GBP deposits
  • Kraken – Best for security, FCA-regulated
  • eToro – Great for social trading
  • OKX – Best for futures trading, low fees (Spot: 40%, Futures: 40% via Crypto Best Exchange)

👉 Not sure which one to pick? Check our detailed Best Cryptocurrency Exchange for UK guide.

2️⃣ Register & Complete KYC Verification

Once you’ve chosen an exchange, you need to:

Sign up with your email & create a strong password.
Verify your identity (KYC) by uploading a passport, driver’s license, or ID card.
Enable security features like 2FA (Google Authenticator) for extra protection.

📌 Some exchanges, like Binance, allow limited trading without KYC, but full verification is required for deposits and withdrawals.

3️⃣ Deposit GBP to Your Exchange Account

UK traders can deposit funds using various payment methods:

💳 Debit/Credit Card – Fast but may have higher fees (Coinbase: 1.49% card fee, Binance: 1.8% via third-party providers).
🏦 Bank Transfer (Faster Payments, SEPA)Lowest fees (Free on Kraken & Coinbase, ~£1 on Binance P2P).
📌 PayPal – Available on Coinbase & eToro.
🔄 P2P Trading – Direct transactions with other users (Binance & OKX support P2P for GBP).

👉 For a low-fee option, consider bank transfer on Kraken or Coinbase.

4️⃣ Buy Bitcoin (BTC) or Other Cryptos

Now that your account is funded, you can buy Bitcoin in different ways:

✔️ Instant Buy (Credit/Debit Card) – Suitable for beginners, but higher fees.
✔️ Spot Trading (Market/Limit Orders) – Best for lower fees & precise control.
✔️ Recurring Buys (DCA Strategy) – Automatically buy Bitcoin at set intervals.

📌 Recommended for UK users:

  • Binance Spot Trading (lowest fees: 0.1%)
  • OKX Trading (0.08% maker, 0.1% taker)
  • Coinbase Instant Buy (fast but higher fees: 1.49%)

5️⃣ Withdraw Bitcoin to a Wallet or Keep It on Exchange

After purchasing Bitcoin, you have two options:

Store on the exchange – Convenient but riskier (best for short-term traders).
Withdraw to a personal wallet – Recommended for long-term holders (cold wallets like Ledger, Trezor).

🔹 Withdrawal fees: Vary by exchange (Binance: ~0.0005 BTC, Kraken: 0.0002 BTC).
🔹 GBP Cashout: You can sell Bitcoin for GBP and withdraw to your bank (Coinbase, Kraken, eToro offer easy GBP withdrawals).

📌 For a detailed withdrawal guide, check: How to Buy Bitcoin in the UK.

Final Thoughts

Buying Bitcoin in the UK is simple and accessible with the right exchange. If you want to save on fees, use Crypto Best Exchange’s cashback offers on Binance (40% Spot, 41% Futures) and OKX (40% Spot, 40% Futures).

🚀 Ready to start? Choose an exchange, fund your account, and buy your first Bitcoin today!

Fees & Cashback: How to Save on UK Crypto Trading?

Trading fees can significantly impact your profits, especially for frequent traders. Choosing a low-fee exchange or using cashback programs can help you maximize your savings.

1️⃣ Types of Crypto Trading Fees

Before diving into ways to reduce fees, let’s break down the different charges you might encounter on UK crypto exchanges:

✔️ Trading Fees (Spot & Futures)

  • Spot trading fees: Typically range from 0.1% to 0.4%.
  • Futures trading fees: Usually lower than spot trading (starting from 0.02% maker / 0.05% taker).
  • Maker vs. Taker fees:
    • Maker = Placing a limit order (usually lower fees).
    • Taker = Market orders (slightly higher fees).

✔️ Deposit & Withdrawal Fees

  • Bank Transfer (GBP) – Usually free or low-cost (Kraken, Coinbase, and Binance P2P support GBP deposits).
  • Credit/Debit Card1.49% on Coinbase, 1.8% on Binance via third-party providers.
  • Crypto WithdrawalsFees depend on blockchain network conditions.

✔️ Spread & Hidden Costs

  • Some platforms (e.g., eToro, Crypto.com) charge a spread fee instead of a fixed trading fee.
  • Spread = difference between buy and sell price, often higher than trading fees on traditional exchanges.

2️⃣ How to Reduce Crypto Trading Fees in the UK?

Want to trade crypto for lower costs? Here’s how you can save on fees:

1. Use Low-Fee Exchanges

Some exchanges offer significantly lower trading fees, making them ideal for active traders:

ExchangeSpot Trading FeesFutures Trading Fees
Binance0.1% (0.075% w/ BNB)0.02% maker, 0.05% taker
OKX0.08% maker, 0.1% taker0.02% maker, 0.05% taker
Kraken0.16% maker, 0.26% taker0.02% maker, 0.05% taker
Coinbase1.49% (instant buy)No Futures Trading
eToroSpread-based (~1%)No Futures Trading

2. Use Exchange Tokens (BNB, OKB, CRO)

Many exchanges offer discounts when you pay fees with their native token:

  • Binance: 25% fee discount when using BNB.
  • OKX: Discounted fees for holding OKB tokens.
  • Crypto.com: Lower trading fees for staking CRO tokens.

3. Take Advantage of Crypto Trading Cashback

💰 Crypto Best Exchange offers the best trading fee cashback on Binance & OKX:

ExchangeSpot Trading CashbackFutures Trading Cashback
Binance40% cashback41% cashback
OKX40% cashback40% cashback

👉 Sign up through Crypto Best Exchange to get these exclusive cashback rates!

4. Trade More to Reduce Fees (VIP Levels)

Most exchanges have tiered fee structures:

  • Binance & OKX lower fees as your 30-day trading volume increases.
  • Kraken Pro offers better rates for high-volume traders.

5. Use P2P Trading for Free GBP Deposits

  • Binance and OKX allow users to buy/sell crypto via P2P.
  • This method avoids deposit fees but requires finding trusted sellers.

3️⃣ Best UK Crypto Exchanges with Low Fees & Cashback

💡 Which exchange offers the best value for UK traders? Here’s a quick comparison:

ExchangeBest ForTrading FeesCashback
BinanceLow Fees & Cashback0.1% (0.075% w/ BNB)Spot: 40%, Futures: 41%
OKXFutures & Derivatives0.08% maker, 0.1% takerSpot: 40%, Futures: 40%
KrakenSecurity & Regulation0.16% maker, 0.26% taker❌ No Cashback
CoinbaseBeginner-Friendly1.49% (instant buy)❌ No Cashback
eToroSocial TradingSpread-based (~1%)❌ No Cashback

👉 For a detailed breakdown, check:
🔹 Best Crypto Exchanges with Low Fees in the UK
🔹 Best Cashback Offers for UK Crypto Traders

Final Thoughts

📌 Key Takeaways:
Binance & OKX offer the lowest trading fees & best cashback deals.
Using native tokens like BNB, OKB, or CRO can further reduce fees.
VIP trading tiers & P2P trading help minimize extra costs.

🚀 Want to trade with the lowest fees? Sign up through Crypto Best Exchange and enjoy up to 41% cashback on Binance & OKX today!

UK Crypto Regulations & Taxation: What You Need to Know

The UK has strict regulations on cryptocurrency trading to protect investors and prevent financial crime. Understanding FCA regulations and crypto tax rules is crucial for traders to stay compliant and avoid penalties.

The Financial Conduct Authority (FCA) is the UK’s main regulatory body for financial services, including cryptocurrency exchanges.

✔️ FCA Rules for Crypto Exchanges

  • Any exchange operating in the UK must be registered with the FCA.
  • Exchanges must follow AML (Anti-Money Laundering) & KYC (Know Your Customer) regulations.
  • FCA banned crypto derivatives for retail traders since January 2021.

✔️ Which Crypto Exchanges Are FCA-Regulated?

Only a few major exchanges are FCA-approved:

ExchangeFCA Regulated?Best For
Kraken✅ YesSecurity & Trading Features
Coinbase✅ YesBeginner-Friendly Trading
eToro✅ YesSocial & Copy Trading
Binance❌ No (Can still be used via P2P & other methods)Low Fees & Cashback
OKX❌ NoFutures & Derivatives Trading
Crypto.com❌ NoCashback & Rewards

👉 Choosing an FCA-regulated exchange ensures legal protection and compliance with UK laws.

2️⃣ How is Crypto Taxed in the UK?

✔️ Capital Gains Tax (CGT) on Crypto

If you sell, swap, or spend crypto at a profit, you may owe Capital Gains Tax (CGT).

  • Tax-free allowance: £6,000 per year (as of 2024).
  • CGT Rates:
    • Basic-rate taxpayers: 10% on profits above allowance.
    • Higher-rate taxpayers: 20%.

✔️ Income Tax on Crypto Earnings

You may owe income tax if you earn crypto from:

  • Staking / Yield Farming
  • Mining
  • Airdrops
  • Salary payments in crypto

📌 Income tax rates depend on your total earnings:

  • Basic rate: 20%
  • Higher rate: 40%
  • Additional rate: 45%

✔️ Do You Pay Tax When Sending Crypto?

No tax for sending crypto between your own wallets.
⚠️ Tax applies if you gift crypto (except to spouses) or use it to pay for goods/services.

3️⃣ How to Stay Compliant with UK Crypto Tax Laws

1. Keep Records of All Transactions

The HMRC (UK tax authority) requires you to track:

  • Date of each trade
  • Buy/sell prices in GBP
  • Profits/losses
  • Trading fees

💡 Use crypto tax software like Koinly or CoinTracker to automate reports.

2. Use Tax-Efficient Strategies

  • Spread trades over multiple tax years to stay below CGT allowance.
  • Offset losses against gains to reduce tax liability.
  • Use ISA & pension schemes to invest in crypto-related stocks tax-free.

3. Report Crypto Taxes to HMRC

  • Report capital gains via Self-Assessment Tax Return.
  • Declare crypto income on your yearly tax return.
  • Failure to report can result in penalties & interest charges!

4️⃣ UK Crypto Regulations & Taxation: Summary

AspectDetails
FCA RegulationRequired for UK-based exchanges. Binance, OKX, and Crypto.com are not FCA-regulated.
Capital Gains Tax (CGT)10-20% tax on crypto profits above £6,000.
Income TaxCrypto earnings (staking, mining, airdrops) taxed at 20-45%.
Tax-Free Allowance£6,000 CGT exemption per year.
Required ReportsHMRC requires full transaction records.

👉 Want to learn more? Read our full guide:
🔹 UK Crypto Taxes: What You Need to Know Before Trading

Final Thoughts

Crypto trading is legal in the UK, but regulations are strict.
Using an FCA-regulated exchange offers more security.
UK crypto taxes include CGT and income tax—track your trades carefully!

💡 Looking for the best FCA-compliant exchange or cashback offers? Check our best UK crypto exchange recommendations today! 🚀

Conclusion: Which is the Best Cryptocurrency Exchange for UK?

Choosing the best cryptocurrency exchange for the UK depends on your trading needs. Here’s a quick recap of the top platforms:

  • 🔥 Best for Low Fees & Cashback: Binance (40% Spot, 41% Futures cashback via Crypto Best Exchange!)
  • 🎯 Best for Beginners: Coinbase (Simple interface, GBP deposits)
  • 🔐 Best for Security & FCA Compliance: Kraken (FCA-regulated, strong security)
  • 📈 Best for Social Trading: eToro (Copy trading, GBP support)
  • 🚀 Best for Futures & Derivatives: OKX (Low futures trading fees, 40% cashback)
  • 💳 Best for Cashback & Rewards: Crypto.com (Visa card cashback up to 8%)

💡 Want to maximize trading profits? Sign up now and claim exclusive cashback offers!

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🚀 Trade smarter, save on fees, and start earning today!

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