Best Crypto Exchange UK for 2022 Revealed



If you’re based in the UK and interested in trading Bitcoin, you will need to register an account with a top-rated uk crypto exchange. There are hundreds of Bitcoin exchanges to choose from – most of which operate without a regulatory license. Therefore, you need to choose wisely before risking any capital. In this guide, we discuss the best Bitcoin exchanges in the UK right now based on a number of core metrics – such as regulation, fees, supported markets, and user-friendliness. List of UK Based Crypto Exchanges – Quick OverviewIf you’re strapped for time and simply require an overview of the best Bitcoin exchanges in the UK right now – consider the three providers outlined below. eToro – Overall Best Bitcoin Exchange UK Coinbase – User-Friendly Bitcoin Exchange With High Fees Binance – Low-Cost Bitcoin Exchange Without Regulatory Status >>>Buy Cryptocurrencies in the best Crypto Exchange<<>>Buy Cryptocurrencies Now with eToro<<>>Buy Cryptocurrencies Now with eToro<<<2. Coinbase - User-Friendly Bitcoin Exchange With High FeesAnother Bitcoin exchange that is somewhat popular in the UK is Coinbase. The exchange was launched back in 2012 - which makes Coinbase one of the most established in this space. Coinbase targets its exchange to casual traders that have little to no experience in trading Bitcoin. However, the main drawback here is that Coinbase is super expensive. For example, if you wish to buy Bitcoin directly with your Visa or MasterCard, you will be charged a commission of 3.99%. This means that by purchasing £200 worth of Bitcoin, you will pay almost £8 in fees. You can also add funds to your account via a bank transfer. Although this is free, you will need to wait several days for the funds to arrive. Then, you will need to pay a standard trading commission of 1.49% when you proceed to buy Bitcoin. As such, when you compare the fee structure of Coinbase to eToro, it is clear to see that there are much cheaper options in the market. >>>Buy Cryptocurrencies Now with eToro<<<3. Binance - Low-Cost Crypto Exchange Without Regulatory StatusIn terms of client accounts and trading volume, Binance is actually the largest Bitcoin exchange globally. Traders are attracted to Binance for a variety of reasons - especially when it comes to fees. After all, the most you will pay to trade Bitcoin and other supported digital assets is just 0.10%. Furthermore, Binance offers a huge range of markets on its platform - with more than 100 cryptocurrencies that you can buy, sell, and trade at the click of a button. However, it is crucial to note that Binance is not regulated in the UK. In fact, Binance is not licensed in any single jurisdiction, so this is important to bear in mind. Moreover, the FCA recently opened an investigation into Binance as per its unregulated status. In turn, the Bitcoin exchange no longer supports UK bank account deposits or withdrawals.This means that should you wish to cash your Bitcoin profits out, you will need to go through the hassle of withdrawing your tokens to an alternative exchange. >>>Buy Cryptocurrencies with Binance Now<<>>Buy Cryptocurrencies Now with eToro<<>>Buy Cryptocurrencies Now with eToro<<

Source link

Leave a Comment

%d bloggers like this: