In addition, the rarity of certain coins can make it difficult to find a compatible exchange, and you’ll need to decide where you’re going to store your all-important keys, regardless of which platform you ultimately pick. Most crypto exchanges take security extremely seriously, but hackers have become increasingly adept at bypassing security measures while attempting to access customer funds. Above all, you want to make sure that the money you put into your crypto investments is safe and secure. Do your research on the measures in place to protect your cryptoassets by thoroughly assessing your chosen exchange’s security credentials, and check out our explainer on how cryptocurrency is regulated in the UK to find the FCA approved crypto exchanges in the UK.

Unusual Info About Crypto Wallet

For more information on what cryptocurrency is and how it works, check out our beginner’s guide, and make sure to find out what a crypto wallet is and how to mine cryptocurrency. There is little or no financial protection if things go wrong. Are prepared to lose all the money they invest if they buy crypto-assets. Crypto-assets are highly volatile. Investing in crypto-assets is suited to sophisticated investors who understand the associated risks. Read our article How cryptocurrency is regulated in the UK – you could try this out – for more information. Finally, make sure you are aware of the risks. You should also read our step-by-step guide on how to buy bitcoin.

We’ve rounded up 5 of the best crypto trading platforms in the UK, comparing across the market by typical transaction fees, the number of supported cryptocurrencies, whether or not they have an integrated wallet, and what each one is best for. There are four areas you should pay special attention to when selecting the right exchange platform for you: security, fees, altcoin range, and wallets. It’s a no-brainer to make sure that your assets are kept safe, but in such a high-stake sector the charges can be the difference between a loss and a profit.

Berry Crypto Trading Platform Login

Another cost-efficient option is Kraken, with its wide range of trading options and low transaction fees. It can a great alternative for advanced investors looking for more complex trading at a very reasonable rate. However, its taker fees start from 0.50% – marginally higher than some platforms, such as Gemini – so its variety of coins is at least partially offset by the higher transaction fees. Coinbase is one of the best exchanges for choice of cryptocurrencies, with over 250 on offer, overtaking most of the competition. Alternatively, BlockFi has zero transaction fees – perfect for those making regular trades – but it does charge for withdrawals, which can chip away at your profit when it finally comes time to reap it.

There are hundreds of cryptocurrency exchange platforms on the market to choose from, so deciding which one is best for you can be difficult. In this article, we take you through what you need to consider when picking a cryptocurrency exchange, and round up five of the cheapest and most popular crypto exchanges in the UK. The key factors to consider include whether you prefer a desktop or mobile account, if you are buying and selling or looking for more advanced trading options, and what forms of cryptocurrency you intend to trade with.