The UK is one of the biggest markets in Europe when it comes to buying cryptocurrencies, together with Germany. People with some spare money, love to spread the risk and get a piece of crypto in their portfolio..
Buyers from the United Kingdom cannot use leverage or derivatives and are only able to buy pure cryptocurrency, which is not a bad idea after all since the market is already very volatile. In Great Britain, Bitcoin is seen as a store of value and 70% of all cryptocurrency holdings are in BTC. Above 1/3 of the crypto holdings include Ethereum (ETH), while Dogecoin, Stellar, Cardano, Tether and Polkadot are other popular cryptos among British citizens according to Statista.
Our team works closely with all top cryptocurrencies in the British market. We also try to introduce some new cryptocurrencies, that might have larger gains potential and higher volatility, compared to the oldest coins.
Top 20 sites for buying or selling crypto in the UK
This is the toplist with the crypto platforms and exchanges which accept customers from the UK. Remember that there are strict restrictions what people in the UK are allowed to do when it comes to crypto currencies. So make sure that you read up on the regulatory restrictions as well as the terms and conditions with a specific crypto site and consider what is allowed or not allowed. Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to loose.
Go directly to
- 1 Top 20 sites for buying or selling crypto in the UK
- 2 How to choose a cryptocurrency of interest in the UK?
- 3 Which are the top new cryptocurrencies in the UK 2022?
- 4 What to consider when choosing a crypto exchange?
- 5 Crypto exchange guide – How does it work?
- 6 Crypto exchanges available in United Kingdom
- 7 How much should I deposit?
- 8 What to consider when buying a cryptocurrency?
How to choose a cryptocurrency of interest in the UK?
Selecting a cryptocurrency for investment can be easy, if you have a fair set of rules guidance to follow. First of all:
+Select a cryptocurrency with a strong community and many active followers, makes it easier to succeed. Always check out the Telegram group, their Twitter profile and other marketing channels to learn more about the cryptocurrency before investing.
+Look into the team: One of the most important factors for cryptocurrencies is the team behind. Have the team and advisors got any experience from previous projects? Are you confident in their expertise? What are their ambitions and track record?
+What about the underlying technology? Can it technology disrupt or improve integration? It can be crucial for the success.
+Have you read the whitepaper? It’s usually a great source of information that can make or break your willingness to invest. It’s a good idea to also review the officiall website for any particular cryptocurrency.
+What about transaction fees and transfer speed? That can either be a huge negative factor or large advantage (if they are low and fast).
+Historical prices: While some cryptocurrencies are seriously volatile, others are considerably more stable. By looking at a historical crypto chart, you’ll get an idea over how it moves before and what might happen in the future.
+Vision and roadmap: What is the long term plan, vision and roadmap for the cryptocurrency? Are any interesting updates coming soon? Do they have a long term plan, indicating that there is huge ambition and potential?
+If the cryptocurrency you are looking into is near all time high, a great vision might be required. A crypto that’s taken a huge dip, might have more upside than a coin that’s just turning down from all time high.
+Never invest more than you can handle to loose.
Which are the top new cryptocurrencies in the UK 2022?
During the last few month, over 50 new cryptos are released every day on there ETH and Binance chain. There are cryptocurrencies for everyone, for all styles, risk levels and preferences. See our section about new cryptocurrencies in order to learn more.
What to consider when choosing a crypto exchange?
Low fees? One of the most important factors for any crypto exchange is the fees. Everyone of us like the lowest possible fees, but many cryptocurrency exchanges have rather high ones. We’ve done our best to sort out and remove sites with too high fees.
Got an app? It’s almost standard today with apps, but if your cryptocurrency exchange don’t have it – then it might be time to look for another one.
Which crypto pairs are available? The pairs can be a crucial factors for most people. While too many crypto pairs might mean that it’s harder to choose, it’s also a freedom for many to be able to buy everything from one single site.
Do they accept arbitrage? All buyers and sellers are different in the crypto world. Some love arbitrage, while others prefer to sit on a particular cryptocurrency for years. Make sure that you select an exchange allowing your preferred strategy.
What about staking? An increasing amount of exchanges are starting to offer staking rewards, a type of interest in the cryptocurrency world. If that is something that’s important for you, make sure to go with a website that got it.
Can I deposit with GBP? We only list crypto exchanges that allow deposits with pound sterling (GBP). If they for some reason only accept USD or EUR, they will be removed from our British crypto top list.
What about the jurisdiction? You would like to have a UK licensed crypto exchange if living in England, Wales or Scotland. We’ll make sure to not include any banned or non-licensed sites for British people one the top list above.
Do they have their own coin? Many wonder if the crypto exchange got their own coin. It can be exciting and part of the journey to invest a little in the coins of the main exchange that you use, such as Crypto.com (CRO), Biswap (BSW) or Kucoin (KCS). But always make your due diligence in order to avoid any further disappointments.
Which deposit & withdrawal methods exist? Perhaps you are looking for Paypal, VISA-card, Mastercard, Western Union or something totally different. Check out our overview page about payment methods in order to learn more.
Looking for a place without KYC? Actually, a lot of visitors do look for exchanges without ID verification or without any verification at all. In the end, that is a hugely risky strategy and we hope that you reconsider and only purchase any coins from trusted sources, that do the required KYC. We’re only selecting and showing exchanges and platforms that have minimum the lowest possible verification that the local laws require.
Crypto exchange guide – How does it work?
Most cryptocurrency exchanges have a rather simple set up, so that you can get started instantly – within minutes. It’s a requirement from CryptoLists.com to have a quick setup, otherwise the exchange will be disqualified. Look for the “join” or sign-up button, and put in your details. After that, you usually need to verify your email or mobile phone number. You are usually allowed to use the crypto exchange after that, but if trading exceed a threshold then you need to do the KYC.
Crypto exchanges available in United Kingdom
Most of the major crypto exchanges are available in the UK, with an exception of Binance UK and all websites offering leverage from products such as CFDs. You’ll find a top list of all the best crypto exchanges in Great Britain from the list above.
How much should I deposit?
Frankly, this varies massively amongst the various cryptocurrencies and it also depends on your budget, preferred risk level and acceptance of volatility. That said, many of the smallest customers in the UK start at around £50 or £100. For bigger wallets, it’s even more important to spread the risk and not go all into a single cryptocurrency.. </br
What to consider when buying a cryptocurrency?
Please be aware of the volatility and risk in the crypto space. Never invest more than you are comfortable losing in the worst case scenario.