Country ranking · United Kingdom

8 Best Crypto Exchanges in the United Kingdom (2026)

Compare the best crypto exchanges in the UK for 2026: regulation, GBP deposits and withdrawals, fees, coins, futures and each exchange's main catch.

On this page
Key takeaways
  • BloFin is our top pick for UK traders who want cheap spot trading, plenty of coins and optional ID checks.
  • Kraken and Coinbase are the exchanges to choose if you want to withdraw pounds straight to a UK bank account.
  • UK rules bar crypto derivatives for retail customers, so most readers here will trade on the spot market.
Top pick 2026
1

BloFin

Spot fees (maker/taker)0.1% / 0.1%
Assets243
Max leverage150×
KYCNo KYC
  • Spot fee of 0.1% for makers and takers
  • Optional KYC
  • Proof of reserves and cold storage
Accepts clients from UK
8.8CWR Score
Bonusup to $5,000
Cashback10%
Terms & how to claim
2

Bitunix

Spot fees (maker/taker)0.08% / 0.1%
Assets546
Max leverage200×
KYCNo KYC
  • Low spot maker fee of 0.08%
  • 546 coins on spot
  • Optional KYC with high withdrawal limits
Accepts clients from UK
8.4CWR Score
Bonusup to $10,000
Cashback10%
Terms & how to claim
3

Kraken

Spot fees (maker/taker)0.4% / 0.8%
Assets679
Max leverage50×
KYCRequired
  • Complies with the FCA in the UK
  • Bank transfer deposits and withdrawals
  • 679 coins on spot
Accepts clients from UK
4

Hyperliquid

Spot fees (maker/taker)0.04% / 0.07%
Assets316
Max leverage40×
KYCNo KYC
  • Spot fees from 0.04%
  • You keep custody of your coins
  • No sign-up or KYC
Accepts clients from UK
5

Coinbase

Spot fees (maker/taker)0.4% / 0.6%
Assets402
Max leverage10×
KYCRequired
  • Accepts GBP deposits
  • Very simple app for beginners
  • Publicly listed and US-regulated
Accepts clients from UK
6

WEEX

Spot fees (maker/taker)0.1% / 0.1%
Assets2,048
Max leverage400×
KYCNo KYC
  • Biggest coin list in this ranking
  • Flat spot fee of 0.1% for makers and takers
  • No KYC needed for crypto trading
Accepts clients from UK
8CWR Score
Bonusup to $10,000
Cashback10%
Terms & how to claim
7

BTCC

Spot fees (maker/taker)0.2% / 0.3%
Assets246
Max leverage500×
KYCNo KYC
  • Long history with no major hack
  • Proof of reserves
  • Free demo trading
Accepts clients from UK
8

BYDFi

Spot fees (maker/taker)0.1% / 0.1%
Assets527
Max leverage500×
KYCNo KYC
  • Flat spot fee of 0.1% for makers and takers
  • Free bank transfer deposits
  • Copy trading and trading bots
Accepts clients from UK
7.6CWR Score
Bonusup to $8,100
Cashback10%
Terms & how to claim

Every exchange in this ranking at a glance

ExchangeSpot assetscryptoFutures assetsSpot feesmaker/takerFutures feesmaker/takerMax leverage UK
1. BloFinVisit 2434380.1% / 0.1%0.02% / 0.05%150×Yes
2. BitunixVisit 5465200.08% / 0.1%0.02% / 0.06%200×Yes
3. KrakenVisit 6791770.4% / 0.8%0.02% / 0.05%50×Yes
4. HyperliquidVisit 3161830.04% / 0.07%0.015% / 0.045%40×Yes
5. CoinbaseVisit 4021310.4% / 0.6%0.05% / 0.05%10×Yes
6. WEEXVisit 2,0485700.1% / 0.1%0.02% / 0.08%400×Yes
7. BTCCVisit 246—0.2% / 0.3%0.03% / 0.06%500×Yes
8. BYDFiVisit 5272280.1% / 0.1%0.02% / 0.06%500×Yes

The UK column is checked live against each exchange's restricted-country list.

The best crypto exchanges in the UK

BloFin is our top pick for UK traders who want low spot fees, a wide choice of coins and the option to trade without ID checks. Buying and holding crypto is legal in the UK, exchanges serving customers here must register with the FCA for anti-money laundering checks, and crypto derivatives can’t be sold to retail customers.

Beyond that, the main questions are how you move pounds in and out, what each trade costs and whether the platform answers to the FCA. The usual way to pay in pounds is a Faster Payments bank transfer, which moves money between UK accounts in real time. Only Kraken and Coinbase pay withdrawals back to your bank; on every other exchange here you cash out in crypto and need another service to turn it into pounds.

1. BloFin

BloFin suits UK traders who want cheap spot trading and a wide choice without handing over ID first. Spot trades cost 0.1% for makers and takers across 243 coins, and you also get copy trading, trading bots and a demo account for practice.

BloFin holds a US money services business registration with FinCEN and a Cayman Islands fund licence rather than an FCA registration, so no UK regulator oversees it. You can buy with pounds by card, and Apple Pay, Google Pay, Skrill and Neteller also work, but there are no fiat withdrawals. To get money back to your bank, you have to send crypto to a platform that pays out in pounds.

KYC is optional, unverified accounts can withdraw up to $20,000 a day, and proof of reserves and cold storage are in place. BloFin launched in 2019, is based in the Cayman Islands and is run by co-founder Matt Hu. It is still a fairly young exchange with moderate liquidity, so big orders can fill at worse prices than the screen suggests.

Key points

  • BloFin is registered in the US and the Cayman Islands, not with the FCA.
  • Spot trading costs 0.1% for makers and takers, with 243 coins to choose from.
  • You can pay in by card or e-wallet, but withdrawals are crypto only.

What we like

  • Spot fee of 0.1% for makers and takers
  • Optional KYC
  • Proof of reserves and cold storage
  • Copy trading, bots and a demo account
  • Round-the-clock live chat support

What holds it back

  • No fiat withdrawals
  • No FCA registration
  • Moderate liquidity
  • Relatively young exchange

2. Bitunix

Bitunix8.4/10Read reviewVisit

For range at a low price, Bitunix is hard to beat. It lists 546 coins on spot, with makers paying 0.08% and takers 0.1%, plus copy trading, staking and a debit card, so one account covers most of what a casual trader needs.

You can deposit by bank transfer, card, PayPal, Apple Pay or Google Pay, and the P2P market lets you trade with other users through services such as Revolut and Wise. Withdrawals are crypto only, so turning coins back into pounds means selling on P2P or moving them to another platform. Bitunix is a registered US money services business and holds a Philippines SEC licence, but neither is an FCA registration, so no UK regulator watches over it.

KYC is optional, and unverified accounts can withdraw $500,000 a day. Bitunix dates from 2021, has its base in Seychelles, and its co-founder Arron Lee is in charge. The crypto-only cash-out is the main catch, because every trip back to your bank needs an extra step on another service.

Key points

  • Bitunix is registered in the US and the Philippines, not with the FCA.
  • Spot fees are 0.08% for makers and 0.1% for takers across 546 coins.
  • You can deposit by bank transfer or card, but cashing out to pounds needs P2P or another platform.

What we like

  • Low spot maker fee of 0.08%
  • 546 coins on spot
  • Optional KYC with high withdrawal limits
  • Copy trading, staking and a debit card
  • Proof of reserves and cold storage

What holds it back

  • Crypto-only withdrawals
  • No FCA registration
  • Minimum deposit before you can trade

3. Kraken

If you want an exchange that answers to UK rules, Kraken is the strongest option here: it complies with the Financial Conduct Authority in the UK and verifies every customer. It also lets you pay in and withdraw pounds by bank transfer, so your money goes straight back to your UK account without a detour through another platform.

Kraken lists 679 coins, and Kraken Pro adds advanced charts, analytics and more order types. Staking isn't offered to UK users, so you can't earn rewards on coins you hold there. Makers pay 0.4% on spot and takers pay 0.8%, which adds up fast if you buy small amounts often.

Card, PayPal, Apple Pay and Google Pay also work for deposits, and ID verification is compulsory. Jesse Powell co-founded Kraken in 2011; the company has its headquarters in San Francisco, USA and David Ripley is now CEO. In June 2024 security firm CertiK used a bug to withdraw $3 million from Kraken's treasury, and although the money was returned and no customer assets were touched, it's a reason to turn on two-factor login and address whitelisting.

Key points

  • Kraken complies with the FCA in the UK and requires ID checks for every account.
  • You can deposit and withdraw pounds by bank transfer.
  • Spot fees of 0.4% for makers and 0.8% for takers are high, and staking isn't offered to UK users.

What we like

  • Complies with the FCA in the UK
  • Bank transfer deposits and withdrawals
  • 679 coins on spot
  • Kraken Pro charts and analytics
  • Proof of reserves and cold storage

What holds it back

  • High spot fees
  • No staking for UK users
  • ID checks required

4. Hyperliquid

Hyperliquid8.8/10Read reviewVisit

Hyperliquid works differently from everything else here. It's a decentralised exchange, so you trade from your own wallet and keep control of your coins instead of leaving them with a company. It also has the lowest spot fees in this ranking: 0.04% on limit orders and 0.07% on market orders, across 316 coins paired against USDC.

As a decentralised platform it has no FCA registration, so none of the checks a UK-registered exchange runs apply. You can buy crypto to fund it by card, Apple Pay, Google Pay, Revolut, Skrill or bank transfer. You can only withdraw crypto, which means you'll need another exchange to get pounds back into your bank.

There's no sign-up or KYC: you connect a wallet such as MetaMask, and staking the HYPE token can cut your fees. Hyperliquid started in 2021 with its home base in Singapore, and co-founder Jeff Yan leads it. Flaws in its bridge smart contracts could lose user funds, and its blockchain is less tested than older networks, so keep only what you're actively trading there.

Key points

  • Hyperliquid is a decentralised exchange without FCA registration, and you hold your own coins.
  • Spot fees start at 0.04% for makers and 0.07% for takers.
  • Withdrawals are crypto only, so you need another platform to cash out to pounds.

What we like

  • Spot fees from 0.04%
  • You keep custody of your coins
  • No sign-up or KYC
  • High liquidity with low slippage

What holds it back

  • Crypto-only withdrawals
  • Smart contract and bridge risk
  • No FCA registration

5. Coinbase

Coinbase7.7/10Read reviewVisit

Coinbase is a publicly listed, US-regulated company and one of the easiest places here to start with pounds. It accepts GBP deposits and pays withdrawals out to your bank, the app is built for beginners, and it lists 402 coins backed by proof of reserves and cold storage.

That simplicity has a price: a spot limit order costs 0.4% and a market order 0.6%, so regular buyers pay far more than on the cheaper platforms in this ranking. You can deposit by card, PayPal or crypto and withdraw by bank transfer. Pre-launch token markets aren't offered to UK customers.

ID checks are compulsory, and since January 2026 UK customers also have to give their tax residency and tax identification number. Coinbase launched in 2012, was co-founded by Brian Armstrong, who is also its CEO, and works as a remote company rather than from one head office. In spring 2021 more than 6,000 customers had their accounts compromised, so switch on two-factor login and address whitelisting before you keep much there.

Key points

  • Coinbase takes GBP deposits and pays withdrawals out by bank transfer.
  • Spot fees of 0.4% for makers and 0.6% for takers are among the highest here.
  • ID checks are required, and UK customers must also give their tax residency details.

What we like

  • Accepts GBP deposits
  • Very simple app for beginners
  • Publicly listed and US-regulated
  • Proof of reserves and cold storage

What holds it back

  • High spot fees
  • ID checks required
  • Customer accounts compromised in the past
  • Pre-launch markets not offered in the UK

6. WEEX

No platform in this ranking lists more coins than WEEX, with 2,048 coins on spot, which matters if you want small tokens the bigger names don't carry. Spot trades cost a flat 0.1% for makers and takers at every account level, and copy trading and a futures demo account come alongside.

You can buy with pounds through third-party providers using a card, bank transfer, Apple Pay or Google Pay, or through the P2P market, and each route needs ID verification. There's no way to withdraw pounds directly, so getting them back means selling on P2P or moving coins to another exchange.

You can deposit crypto and trade without KYC, but unverified accounts at the entry level can withdraw only $10,000 a day. Set up in 2017, WEEX operates from Singapore under co-founder Ricardo Suarez. It has no FCA registration, so you rely on its own proof of reserves and protection fund rather than any UK oversight.

Key points

  • WEEX lists 2,048 coins on spot at a flat 0.1% for makers and takers.
  • Buying with pounds needs ID checks, and withdrawals are crypto only.
  • WEEX has no FCA registration, so no UK regulator oversees it.

What we like

  • Biggest coin list in this ranking
  • Flat spot fee of 0.1% for makers and takers
  • No KYC needed for crypto trading
  • Bitcoin protection fund and proof of reserves
  • Free transfers between WEEX accounts

What holds it back

  • Crypto-only withdrawals
  • ID needed for fiat purchases
  • No FCA registration
  • Dated spot interface

7. BTCC

BTCC has been trading for well over a decade without a major hack, one of the longest clean records in this ranking, which counts when you're leaving money on an exchange. It lists 246 coins on spot, publishes proof of reserves and adds copy trading and a free demo account.

Spot trading is pricey, with makers paying 0.2% and takers 0.3%, and there's no discount however much you trade. You can fund it by card, bank transfer, Skrill, Apple Pay or Google Pay, but the fiat route only buys USDT and nothing except crypto can be taken out, which means cashing out to a UK bank involves moving coins elsewhere. Its registrations are with US and Canadian regulators rather than the FCA, so no UK regulator checks how it runs.

KYC is optional, with unverified withdrawals capped at $10,000 a day. BTCC launched in 2011, is headquartered in London and was co-founded by Bobby Lee, with Mark Lee now as CEO. Order types are limited, so anyone who relies on advanced stop strategies will find it restrictive.

Key points

  • BTCC is registered in the US and Canada, not with the FCA, despite its London base.
  • Spot fees are a fixed 0.2% for makers and 0.3% for takers.
  • The fiat on-ramp only buys USDT, and withdrawals are crypto only.

What we like

  • Long history with no major hack
  • Proof of reserves
  • Free demo trading
  • Copy trading

What holds it back

  • Expensive spot fees
  • No fiat withdrawals
  • Limited order types
  • No FCA registration

8. BYDFi

Predictable costs are BYDFi's strength: spot trades cost a flat 0.1% for makers and takers across 527 coins, with no volume tiers or platform token to track. It also offers copy trading, grid and martingale bots, a demo account and a crypto card.

Deposits work through Apple Pay, Google Pay, bank transfer, card or providers such as Banxa and Mercuryo, and bank transfers carry no platform fee while card payments do. Money leaves only as crypto, and turning coins back into pounds takes another platform. Its licensing is in the US rather than with the FCA, so no UK regulator oversees your account.

KYC is optional, and unverified accounts can withdraw $50,000 a day. BYDFi opened in 2019; its headquarters are in Singapore and co-founder Michael Hung heads the business. Spot liquidity is weak, so larger orders can fill at worse prices than you expected.

Key points

  • BYDFi holds US licensing but no FCA registration.
  • Spot fees are a flat 0.1% for makers and takers across 527 coins.
  • Bank transfer deposits are free, but withdrawals are crypto only.

What we like

  • Flat spot fee of 0.1% for makers and takers
  • Free bank transfer deposits
  • Copy trading and trading bots
  • Optional KYC
  • Proof of reserves and cold wallets

What holds it back

  • Weak spot liquidity
  • Crypto-only withdrawals
  • Card payments carry a fee
  • No FCA registration

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges for traders in the UK. We only included exchanges that accept UK users, then judged each one on the whole package rather than a single number. The order reflects our editors’ judgment of that package. The CWR Score on each card rates the exchange on its own, which is why some exchanges placed lower have a higher score.

  • Regulation and any registration that covers the UK
  • How you pay in and cash out in pounds
  • Spot trading fees
  • The coins and products you can use from the UK
  • Security record, proof of reserves and account protection

Buying, holding and trading crypto is legal in the UK. Crypto exchanges and custodian wallet providers doing business in the UK must be registered with the Financial Conduct Authority (FCA) under the money laundering regulations, which it has supervised since January 2020. That registration covers anti-money laundering checks only. The FCA says crypto is still largely unregulated in the UK, and registration doesn’t give customers access to the Financial Ombudsman Service or the Financial Services Compensation Scheme.

The FCA says crypto firms should show you prominent warnings about the risk of losing your money and shouldn’t offer free gifts or refer-a-friend bonuses. Crypto derivatives can’t be sold to retail customers, a ban in place since January 2021, but since 8 October 2025 retail investors can buy crypto exchange-traded notes traded on an FCA-approved UK investment exchange. A full regime under the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 is due to start on 25 October 2027, when crypto firms will need FCA authorisation; the FCA began taking applications on 30 September 2026.

How is crypto taxed in the UK?

In the UK, you may owe Capital Gains Tax when you sell crypto, swap it for a different cryptoasset, spend it or give it away, though gifts to a spouse, civil partner or charity are excluded. Only your total gains above the tax-free allowance of £3,000 a year are taxed, at 18% on gains within your basic-rate income tax band and 24% above it. Your cost is usually the average cost of your pool of that token, but tokens bought on the same day as a sale, or within 30 days after it, are matched first. Losses can reduce your gains once you report them to HMRC, and you can claim them up to four years after the end of the tax year of the sale.

Crypto from mining, staking or lending is taxed as other income under Income Tax if you’re not trading, and a £1,000 allowance can apply; crypto from an employer is subject to Income Tax and National Insurance. You report gains on a Self Assessment tax return, which has a cryptoasset section from the 2024 to 2025 tax year, or through HMRC’s real time Capital Gains Tax service. The tax year ends on 5 April, and online returns and payment are due by 31 January the following year.

This is a general overview, not tax advice. Tax rules change and depend on your situation, so check with HM Revenue and Customs (HMRC) or a tax adviser before you file.

Official sources, checked September 2026: GOV.UK (HMRC): Check if you need to pay tax when you sell cryptoassets; GOV.UK (HMRC): Check if you need to pay tax when you receive cryptoassets; GOV.UK (HMRC): Capital Gains Tax rates and allowances; GOV.UK: Capital Gains Tax, losses.

How to buy crypto in the UK

Getting Bitcoin or Ethereum in the UK takes only a few steps once you’ve settled on an exchange.

  1. Pick an exchange. Choose one that accepts UK customers. Firms doing business here must be registered with the FCA for anti-money laundering checks, but that registration doesn’t give you Financial Ombudsman or FSCS protection.
  2. Open an account and verify your ID. Kraken and Coinbase require a photo ID and a face check. On the other exchanges verification is optional, but it raises your withdrawal limits and is needed for some card or bank purchases.
  3. Deposit pounds. The usual route is a Faster Payments bank transfer, which moves money between UK accounts in real time, day and night. Kraken takes deposits and pays withdrawals by bank transfer, and Coinbase accepts pounds by card or PayPal.
  4. Buy on the spot market. Pick Bitcoin, Ethereum or another coin such as Solana or XRP. Use a limit order if you want the lower maker fee.
  5. Keep your coins safe and your records tidy. Turn on two-factor login and consider moving larger amounts to your own wallet. Record every trade, because crypto gains can be taxable in the UK.

Bottom line

BloFin is our pick for UK traders who want cheap spot trades, lots of coins and optional ID checks. Kraken is the one to choose if FCA oversight and bank withdrawals in pounds matter most to you. Coinbase is the easiest start with pounds but costs more per trade, and Hyperliquid has the lowest spot fees if you’re happy to hold your own keys. Buying crypto is legal in the UK but still largely unregulated, so start small and switch on every security tool your exchange offers.

Questions

Frequently asked

Yes. Buying, holding and trading crypto is legal in the UK. Exchanges serving UK customers must be registered with the Financial Conduct Authority for anti-money laundering purposes, but the FCA says crypto is still largely unregulated.

Not in the way a bank account is. FCA registration covers anti-money laundering checks only, and it doesn't give you access to the Financial Ombudsman Service or the Financial Services Compensation Scheme. Every centralised exchange in this ranking publishes proof of reserves, which lets you check that customer deposits are backed.

Crypto derivatives, including futures, can't be sold to retail customers in the UK. Retail investors can instead buy crypto exchange-traded notes traded on an FCA-approved UK investment exchange.

Kraken and Coinbase both pay withdrawals out by bank transfer. Every other exchange here only pays out in crypto, so you'd need to move your coins to a platform that sells them for pounds.

On Kraken and Coinbase, yes: both require ID checks, and Coinbase also asks UK customers for their tax residency and tax identification number. On the others verification is optional, but unverified accounts get lower withdrawal limits and some fiat purchases need ID.

Crypto gains can be taxable in the UK. See 'How is crypto taxed in the UK?' above for how it works.