A crypto trading platform is where you can buy and sell many kinds of crypto. These platforms need to be highly regulated as most of the top ones have been hacked at least once in history. If you are a trader from the UK, then you have found this article at the same time.
We have analyzed the different crypto trading platforms in the UK based on different metrics and have found the top ones. Here we have the list of the 10 best crypto trading platforms in the UK.
Crypto Trading Platforms
- Binance
Binance is one of the best crypto exchanges out there. It was launched in 2017 and has around 119 cryptocurrencies listed in it. Around 28.6 million people use it. You can find all the major coins in Binance. It ensures safety with its two-factor authentication and offers secure offline cold storage. There is an advanced access control as well as real-time monitoring.
- Coinbase
Coinbase is the next on our list. It was launched in the year 2012 and has more than 200 cryptocurrencies listed on its platform. There are around 98 million active users on this platform. The safety is guaranteed by the multi-factor authentication procedure. The platform also provides hardware keys and additional tools for safety such as vaults and wallets.
- Kraken
Kraken was launched in 2011 and as of the latest data it has around 6 million users. It is known for promoting the self-custody of crypto. You have access to above 200 crypto coins on this platform. Around 95 percent of the total assets are stored in an offline cold storage that is air-gapped. The platform actively works to resolve security flaws by going through third-party tests and more.
- Gemini
Have you heard of Gemini? It is one of the most popular cryptocurrency exchange platforms that you can find in the UK. The platform was founded back in 2014 and it has around 14 million users. It has two-factor authentication and hardware security keys. You can find more than 120 different crypto coins available for trading on its platform.
- eToro
eToro has been operating as a legitimate trading platform. It was launched in 2007 and currently, the platform is open for UK traders as well; earlier it was not. This platform is regulated by the state of the art regulators such as ASIC, FCA, and CySEC. All the details provided by the users are protected using top-notch mechanisms.
- OKX
OKX has been here from 2017 onwards. Previously, this platform was referred to as OKEx. It is available in 100+ countries and has an active user community above 20 million users. More than 95% of the assets are offline and stored with backups. The platform has two-factor authentication, an anti-phishing code, and more to ensure safety.
- CoinJar
CoinJar has been operating since 2013 and is seen as one of the earliest cryptocurrency exchanges. You can trade more than 50 cryptos using this platform. And the total number of users on this platform, as of now, is 600,000. It has a special focus on the UK market and is FCA-registered. It is one of the longest-running crypto exchanges that has not faced any safety breaches or virtual hacks.
- Crypto.com
While using Crypto.com you can find that it supports around 221 different cryptos. The platform has more than 50 million active users. It puts in practice stringent security mechanisms MFA accounts, biometrics and OTP authentication, and more. The platform has multiple offers in the form of its different products such as crypto chain, NFT platform, crypto visa cards, and so on.
- KuCoin
KuCoin was launched in 2017 and has more than 700 crypto trading options available in it. There are 18 million+ active users on the platform. It has instituted multi-factor authentication and password verification. There is only a lower fee to conduct trades on this platform.
- HTX
HTX was earlier known as Huobi. We are ending our list of the 10 best crypto trading platforms in the UK with HTX. It was launched in 2013 and is one of the best crypto exchanges in the world. You can find more than 500 crypto plus 47 fiat currencies in it. It has a 20,000 BTC worth of security reserve fund.
The crypto exchange listed as the first is not the eBay of the ten. We have selected the top 10 crypt exchanges and listed them. The listed position does not mean that is their rank.
The Bottom Line
We hope you were able to come across the best crypto trading performance in the UK in this article. You can choose any one of these as per your requirements. Make sure that you know the way of functioning of the platform and also that you choose one with a high-security mechanism.
