In a nutshell, the best crypto apps in the UK are eToro, Coinbase, and Uphold. eToro is favored for its social trading features, Coinbase for its user-friendly interface and security, and Uphold for its versatility in supporting multiple asset classes.
In the fast-paced world of cryptocurrency trading, choosing the right app is critical.
Using your phone to invest and trade gives you the power to tap into cryptocurrency markets seamlessly on the go.
I’ve carefully reviewed and selected the top crypto apps for their ease of use, security, and features.
Overall best
| Easy-to-use
|
eToro - Overall best crypto app | Coinbase - Easy-to-use app |
4.7 | 4.4 |
|
|
Visit eToro | Visit Coinbase |
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. | Don’t invest unless you’re prepared to lose all the money you invest. |
Overall best
eToro - Overall best crypto app
4.7
- User-friendly
- Copy the moves of professional traders
- Social trading & educational features
Visit eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Easy-to-use
Coinbase - Easy-to-use app
4.4
- Simple buy and sell feature
- Staking services
- NFT platform
Don’t invest unless you’re prepared to lose all the money you invest.
10 Best Crypto Trading Apps UK Ranked
Here is a quick list of the best options to use in the UK based on my hands-on analysis:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.Take 2 mins to learn more.
- eToro – Best for beginners
- Coinbase – Best for ease of use
- Uphold – Best for a large selection of coins
- Kraken – Best for low-cost trading
- Revolut – Best for combining crypto & banking all in one app
- Gemini – Best for security-conscious traders
- Crypto.com – Best for crypto card spending
- Bitpanda – Best for high buying limits for verified users
- CoinJar – Best for crypto portfolio investing
- CEX.IO – Best for crypto-collateralised loans
Top Picks Comparison Table
Here I’ve compared the apps based on five key factors you must consider and compare:
| Rank | Apps | Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|---|---|
| 1 | eToro | 4.0 stars | 1% + market spread | 0.5% | 90+ | Bank transfer, debit card, Neteller, Skrill, eToro Money |
| 2 | Coinbase | 4.2 stars | 1% commission + 0.5% spread fee | Debit card fee of 3.99% | 250+ | Bank transfer, credit card, cryptocurrency, debit card, PayPal |
| 3 | Uphold | 4.4 stars | 1% trading fee & 1% spread fee | Debit card fee of 3.99% | 250+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
| 4 | Kraken | 4.2 stars | From 0.26% | £1 fee on bank transfers | 230+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
| 5 | Revolut | 4.5 stars | 1.49% | 2.5% | 80+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
| 6 | Gemini | 4.2 stars | From 1.49% | Debit card fee of 3.49%, PayPal fee of 2.50% | 70+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, PayPal, SWIFT, CBIT™ |
| 7 | Crypto.com | 4.4 stars | Up to 0.075% | Debit card fee of 2.99% | 250+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
| 8 | Bitpanda | 3.4 stars | 1.49% | None | 300+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
| 9 | CoinJar | 3.6 stars | Up to 0.10% | None | 50+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
| 10 | CEX.IO | 3 stars | Up to 0.15% | None | 200+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
How We Tested & Rated the Apps
Crypto is moving fast in the UK and reshaping the financial scene daily1.
The revenue in the cryptocurrency market in the UK is projected to reach US$1.89bn in 2024, with an annual growth rate of 18.84%2.
With such fast growth, a lot of people are getting left behind. I want to change that.
Using my experience, I’ve put together my top picks based on four key criteria:
- Rating from Google Play
- Fees to buy crypto
- Deposit fees
- Number of cryptos available
- GBP deposit methods
Factors such as usability, education materials, and additional features were also evaluated.
All the crypto apps I’ve reviewed below are regulated by the UK’s financial watchdog, the Financial Conduct Authority (FCA), and have apps available on Android and iOS.
Why Trust Us?
I’ve worked in the retail investment & crypto sector in London over the last four years. I worked for one of the UK’s leading financial companies,“a trustworthy and respected provider of news, education and market analysis for the everyday investor”where I was able to work with and test some of the biggest cryptocurrency brands.
I hand-test each platform I review, many of which I use for personal use. I’m editorially unbiased and only recommend products I’d recommend to my family. You can read about my process and methodology for reviewing platforms here, ‘how we test‘.
Additionally, this article was reviewed byTobi Opeyemi Amure, a cryptocurrency expert and writer atInvestopediaandInvesting.com,to ensure accuracy.
1. eToro – Best for beginners
The overall winner on my list of the best crypto apps and what I recommend for beginners iseToro.
eToro has established itself as one of the leading companies in the UK, offering a user-friendly and intuitive platform that caters to a broad range of investors.
With over 90 cryptocurrencies available, alongside other securities like stocks, forex, and commodities, eToro provides a diverse trading environment.
Its popularity is further bolstered by its high ratings on Google Play and the App Store for security and user experience.
Starting with a minimum deposit of £100, users can access eToro’s industry-leading copy trading platform and a vast selection of assets.
One of eToro’s distinguishing features is its demo trading account, which allows users to practice with £100,000 in virtual funds, giving a hands-on experience of crypto trading without financial risk.
The platform also boasts a thriving social trading community, providing forums and feeds where users can engage with others, gain insights, and copy the trades of top-performing investors.
Security on eToro is taken seriously, regulated by the Financial Conduct Authority (FCA) in the UK, and compliant with various other regulatory standards.
The addition of eToro Money Crypto Wallet, a personalised crypto wallet, offers enhanced security with features like private keys and DDoS protection.
However, eToro does have its drawbacks, such as higher fees compared to some competitors and a currency conversion fee for non-USD deposits.
eToro’s combination of a wide selection of cryptocurrencies, social trading features, a secure and regulated environment, and a simple interface makes it a compelling choice for crypto traders looking for an app to use in the UK.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.0 stars | 1% + market spread | 0.5% | 90+ | Bank transfer, debit card, Neteller, Skrill, eToro Money |
Pros:
- Diverse asset options
- Social and copy trading feature
- User-friendly interface
- Advanced mobile app
Cons:
- Withdrawal fees
- No crypto-to-crypto trading
Read my full eToro review.
Visit eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.Take 2 mins to learn more.
2. Coinbase – Best for ease of use
Coinbase is one of the most reliable and user-friendly crypto apps in the UK suitable for both novice and seasoned investors.
Known for its simple, fast mobile app, Coinbase doesn’t compromise on quality or security, making it a strong entry point for beginners to the crypto space.
It provides an intuitive understanding of crypto fundamentals like buying, selling, and transferring cryptocurrencies.
One of the key features of Coinbase is its accessibility to a wide range of cryptocurrencies, including over 250 options, catering to diverse investment preferences.
For beginners, the app’s simple buy and sell feature is straightforward, requiring only a few taps.
More experienced traders can benefit from the Advanced Trade feature, which includes detailed indicators, various order types, and comprehensive analysis tools.
The platform also offers lower fees in this advanced section, making it a more cost-effective option for active trading.
Coinbase is unique in its educational offerings, providing an extensive learning section with tips and tutorials, and a Learning Rewards feature where users can earn free crypto by engaging with educational content.
This focus on education is complemented by strong security measures and compliance, reinforcing its position as one of the safest crypto apps for UK investors.
However, users should be aware of the fee structure. While there is no deposit fee, the app charges up to 0.6% for Advanced Trade and an additional “Coinbase fee” for simple buy/sell transactions.
The withdrawal fee is set at £1, with a recommended minimum deposit of £50.
The app is highly rated on both the Apple Store and Google Play, reflecting its popularity and reliability among users.
Coinbase’s combination of ease of use for beginners, advanced trading features, educational resources, and a strong focus on security and compliance makes it a comprehensive and appealing crypto app for UK investors, despite its fee structure and some complexities in currency trading.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.2 stars | 1% commission 0.5% spread fee | Debit card fee of 3.99% | 250+ | Bank transfer, credit card, cryptocurrency, debit card, PayPal |
Pros:
- Large cryptocurrency range
- Fast crypto withdrawals
- Crypto rewards and debit card
Cons:
- Higher fee structure
- Limited staking and interest options
Visit Coinbase
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.Take 2 mins to learn more.
3. Uphold – Best for a large selection of coins
Uphold stands out as a versatile and user-friendly app in the UK, particularly appealing to those new to the cryptocurrency world.
With access to around 260+ different cryptocurrencies, including many popular options, it offers a diverse range of trading possibilities.
This platform is especially accommodating for beginners, with no minimum deposit requirement and a straightforward interface on both its app and web versions.
One of the unique features of Uphold is its ability to exchange between cryptocurrencies and other assets like precious metals, forex, and some futures without needing to cash out the crypto first.
This flexibility is a significant advantage, offering convenience and a broader range of investment opportunities.
While Uphold’s fee structure can be complex, especially for low-volume trading, the platform compensates for this with transparency.
Fees for trading crypto are tiered and vary by volume, but they are calculated and provided at the time of trading.
Additionally, Uphold does not charge withdrawal fees, which is a notable benefit for users who need easy access to their funds.
The app also stands out for its staking service, considered one of the best in the UK, offering interest on over 30 different cryptocurrencies with competitive APYs.
Although it may not have advanced trading features, its intuitive design, simple buying and selling process, and educational guides make it ideal for beginners.
Uphold is regulated by the FCA, ensuring a secure and trustworthy trading environment. The platform’s commitment to transparency is evident as it publishes its balances in real time and maintains full reserves.
The app is highly rated on both the Apple Store and Google Play, reflecting its reliability and user satisfaction.
Uphold’s combination of a wide variety of assets, user-friendly design, no withdrawal fees, and innovative features like asset exchange and staking services make it a strong contender in the UK.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.4 stars | 1% trading fee & 1% spread fee | Debit card fee of 3.99% | 250+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
Pros:
- Cross-asset trading
- Zero commission
- Diverse crypto assets
Cons:
- No volume discounts
4. Kraken – Best for low-cost trading
Kraken is a top-rated app in the UK, especially renowned for its strong security measures and trustworthiness.
The app caters to a wide range of users, from beginners to advanced traders, with its dual-app approach.
The standard Kraken app offers an intuitive interface for newcomers, while Kraken Pro provides sophisticated tools for seasoned investors.
Security is a hallmark of Kraken, featuring SSL encryption, offline coin storage, real-time monitoring, two-factor authentication (2FA), and crypto address whitelisting.
The platform’s commitment to client protection is further bolstered by regular penetration testing conducted by a world-class security team.
In its decade-long operation, Kraken has reportedly never been breached, adding to its credibility.
For those new to cryptocurrencies, Kraken’s learning section is invaluable, offering detailed guides, informational videos, and podcasts on various cryptocurrencies.
This educational content provides a solid foundation for understanding the use cases and fundamentals of different coins.
Kraken supports trading in over 230 cryptocurrencies, making it one of the most diverse platforms in the market. The app is free of deposit fees, with trading fees varying up to 0.26% on Kraken Pro.
Withdrawal fees start from £0, and the minimum order value is set at an accessible £1, making it easy for users to start trading with a low cost of entry.
The platform is also known for its competitive fees and sophisticated order types. It offers features like margin trading with up to five times leverage, staking rewards for certain coins, and short positions.
Kraken’s approach to customer support is commendable, and the app has received positive ratings on both the Apple Store and Google Play.
Kraken’s solid reputation, wide range of features, and robust security measures make it a preferred choice for crypto investors in the UK.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.2 stars | From 0.26% | £1 fee on bank transfers | 230+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
Pros:
- Strong security
- High trading limits
- Low fees
Cons:
- No crypto credit card
5. Revolut – Best for combining crypto & banking all in one app
Revolut has established itself as a comprehensive and intuitive banking, investing, and cryptocurrency app in the UK, offering an all-in-one solution for various financial needs, including cryptocurrency trading.
This app is particularly appealing to users seeking a blend of financing, investment, and crypto trading functionalities in a single platform.
Revolut’s strengths lie in its user-friendly design and the breadth of its offerings. It supports a wide range of popular cryptocurrencies, making it suitable for both crypto enthusiasts and those new to digital currencies.
The app integrates seamlessly with existing account services, allowing users to buy, store, and trade over 80 different cryptocurrencies effortlessly.
The ability to manage a crypto portfolio, purchase cryptocurrencies regularly, and send crypto to other Revolut users enhances the user experience.
One of the unique features of Revolut is its “Learn and Earn” series, which educates users about cryptocurrencies and rewards them with various tokens upon successful completion of quizzes.
Additionally, the app offers staking options, providing users with the opportunity to earn rewards on Bitcoin and specific tokens.
Revolut is committed to regulatory compliance, being registered with the Financial Conduct Authority in the UK.
The app also offers a crypto-spending mode on its debit card, allowing for convenient payments with quickly converted tokens.
While Revolut is highly rated across various platforms like the App Store, Google Store, and Trustpilot, it’s important to note its fee structure.
The platform charges a monthly fee for crypto trading and has relatively low withdrawal limits. For Standard/Plus customers, the Bitcoin transaction fee is 1.49%, and for Premium/Metal users, it’s 0.99%.
Some features require a paid account, starting at £/€/$9.99 per month.
Revolut’s strengths include its ease of use for beginners, a wide variety of cryptocurrencies, convenient spending options with its debit card, and educational resources.
However, users should consider the higher costs and the need for a paid account to access some features.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.5 stars | 1.49% | 2.5% | 80+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
Pros:
- Fee-free ATM withdrawals
- Virtual credit and debit cards
- Early direct deposit access
Cons:
- Withdrawal limits
- No crypto transfers
6. Gemini – Best for security-conscious traders
Gemini, renowned for its premium crypto services, stands out in the UK market with its robust security infrastructure and user-friendly features.
It is an ideal app for those who prioritise security in their crypto trading, offering cold storage options, insurance against certain types of losses, and the option of Gemini Custody, an institutional-grade storage solution.
The security measures at Gemini are top-notch, including multisig wallets to eliminate single points of failure, the majority of coins stored in hardware wallets, and private keys safeguarded in high-security data centers.
Users can further enhance their security by enabling two-factor authentication (2FA) and whitelisting crypto addresses, adding an extra layer of protection to their accounts.
Gemini excels in offering a range of features tailored to both novice and experienced traders. Users can make instant crypto purchases, access high-performance trading tools through ActiveTrader, and engage in staking services.
The Gemini credit card allows customers to earn free crypto on their spending, and the platform’s ownership of Nifty Gateway provides an avenue for trading NFTs.
The platform is also known for its convenience in crypto payments, supporting the use of digital currency for various transactions.
Gemini’s wallet storage offers both hot and cold wallet capabilities, catering to diverse storage needs.
With a wide range of crypto assets available for trading, Gemini positions itself as a versatile app for different investment strategies.
Gemini’s crypto trading app is intuitive and user-friendly, making it accessible to both beginners and seasoned traders. The platform offers a range of account types, including demo, traditional, professional, and student accounts.
However, it’s important to note that Gemini focuses exclusively on cryptocurrency trading, without options for trading assets like CFDs or futures.
In terms of fees, Gemini does not have a minimum deposit requirement but charges trading fees ranging from £0.75 to 1.49%.
Deposit fees are zero, except for a 2.5% fee when using PayPal, and there are no withdrawal fees. The platform’s fee structure may seem high for those not trading in large volumes.
Gemini has received high ratings on the Apple Store and Google Play, indicating strong user satisfaction.
While it may not cater to traders looking for assets beyond crypto, its intuitive platform, high-security standards, and versatile trading options make it a strong option in the UK.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.2 stars | From 1.49% | Debit card fee of 3.49%, PayPal fee of 2.50% | 70+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, PayPal, SWIFT, CBIT™ |
Pros:
- Gemini Earn feature for earning interest
- First SOC 1 Type 2 and SOC 2 Type 2 certified exchange
Cons:
- Complex fee structure
7. Crypto.com – Best for crypto card spending
Crypto.com stands out as a top choice for users seeking a versatile crypto trading experience.
The platform has an expansive selection of over 250 cryptocurrencies.
Its commitment to affordability is evident, with zero fees on ACH bank transfers.
Additionally, the platform’s minimum trade amount is accessible, starting at just $1 for Bitcoin, making it an inviting option for both beginners.
Beyond mere trading, the platform offers attractive staking rewards, offering up to 12.5% on over 20 cryptocurrencies, despite some limitations such as non-compounding rewards.
UK users should be aware of certain considerations, such as the platform’s higher withdrawal fees for specific cryptocurrencies.
Nevertheless, the clarity around services and fees could benefit from greater transparency, particularly for newcomers navigating the platform.
Crypto.com provides additional features like its DeFi wallet, enticing benefits for CRO stakers, and an NFT marketplace, broadening its appeal beyond traditional trading.
Despite its reliance on chat-based customer support, the platform’s robust security measures and significant insurance coverage provide peace of mind about the safety of their investments.
Crypto.com is an attractive option for those valuing a wide cryptocurrency selection, mobile-centric trading experience, and interest in staking and DeFi opportunities.
Its comprehensive services, competitive fee structure, and additional perks make it a top contender for UK users looking to navigate the exciting world of cryptocurrency.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 4.4 stars | Up to 0.075% | Debit card fee of 2.99% | 250+ | Bank transfer, credit card, cryptocurrency, debit card, Apple Pay, Google Pay, SWIFT |
Pros:
- Offers a crypto Visa card
- Competitive staking rewards
- Advanced security features
Cons:
- High fees for certain transactions
- Customer support can be slow
- Limited educational resources
Read my full Crypto.com review.
8. Bitpanda – Best for high buying limits for verified users
This Vienna-based fintech company launched in 2014, has rapidly ascended to become Europe’s leading retail broker for Bitcoin, Ethereum, and other cryptocurrencies, serving over 900,000 users.
Bitpanda’s appeal lies in its versatility, offering not just cryptocurrency trading but also investments in precious metals like gold and silver, making it a one-stop shop for diverse investment needs.
Bitpanda’s brokerage service simplifies the buying and selling process, providing direct transactions with the company.
Its innovative offerings, such as Bitpanda To Go, Savings, Metals, Swap, Plus, Pay, Pro, Stocks, and the Bitpanda Ecosystem Token (BEST), cater to a wide array of investment strategies and preferences, from the casual investor to the high-net-worth individual seeking enhanced terms.
Payment method variety is another strong suit, with Bitpanda supporting major fiat currencies like GBP, EUR, and USD, and a wide array of payment methods, including credit cards, SEPA, PayPal, and more.
The platform is known for its competitive fees, transparency, and high buying limits for verified users, ensuring a seamless and cost-effective trading experience.
Customer service at Bitpanda is top-notch, with a dedicated support team and a robust online knowledge base.
In comparison to its competitors, Bitpanda holds a distinctive edge with its broad service range, user-friendly interface, and commitment to security and customer satisfaction.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 3.4 stars | 1.49% | None | 300+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
Pros:
- Wide variety of assets
- Multiple payment options
- Offers savings and investment plans
- Strong security measures
Cons:
- Higher fees compared to competitors
- Limited advanced trading features
9. CoinJar – Best for crypto portfolio investing
Founded in 2013 in Australia, CoinJar has successfully expanded into the UK market, offering a seamless experience for buying, selling, and trading digital coins.
With support for GBP transactions, users can easily purchase cryptocurrencies like Bitcoin, Ethereum, and Ripple without the hassle of exchange rates.
The platform offers a brokerage service for straightforward buy/sell transactions, as well as a more advanced exchange for those looking to engage in active trading.
CoinJar’s introduction of ‘CoinJar Bundles’ allows users to diversify their portfolio through a single transaction, akin to investing in a mini index fund, which is a noteworthy feature for those looking to spread their investment across multiple cryptocurrencies.
When it comes to deposits and withdrawals, CoinJar keeps it simple and cost-effective by supporting UK Faster Payments bank transfers, allowing for quick fund deposits without any fees.
However, a commission of 1% is applied to all purchases and sales, which is competitive within the market. The platform’s fee structure is transparent, making it easy for users to understand the costs associated with their transactions.
Safety and security are paramount at CoinJar, with the majority of crypto assets held in cold storage to mitigate the risk of hacking.
Additionally, the platform employs two-factor authentication (2FA) and machine learning technologies to enhance account security and monitor for suspicious activities.
For those on the go, CoinJar’s mobile app provides full access to account features, including trading and fund management. The app’s usability and QR code feature for easy transactions further enhance the user experience.
While CoinJar offers a large selection of cryptocurrencies, it’s worth noting some limitations in the variety of tradable pairs compared to other exchanges.
Nonetheless, the platform’s user-friendly interface, GBP support, and comprehensive security measures make CoinJar an excellent choice for UK residents looking to explore the cryptocurrency market.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 3.6 stars | Up to 0.10% | None | 50+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
Pros:
- Robust crypto rewards program
- Very beginner-friendly
- Helps diversify with CoinJar bundles
Cons:
- No staking rewards
- High deposit-related fees
10. CEX.IO – Best for crypto-collateralised loans
Launched in 2013, initially as a Bitcoin cloud mining provider, CEX.IO has evolved into a comprehensive exchange, supporting over 200 digital currencies, including major ones like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
This Gibraltar-based exchange is accessible in nearly all countries and caters to over 4 million users, offering a suite of products for individual traders, businesses, and everyone in between.
One of CEX.IO’s standout features is its regulatory compliance, providing users with the assurance of a secure and compliant platform.
It offers a unique opportunity for users to earn cryptocurrency through staking and also provides crypto-collateralised loans, allowing users to access fiat currency without liquidating their crypto assets.
However, the platform’s extensive range of services might overwhelm beginners, and it faces lower liquidity compared to some of its global counterparts.
For traders, CEX.IO offers a robust trading experience with features like spot and margin trading.
Businesses can benefit from CEX.IO with institutional-sized liquidity and CEX Direct for integrating crypto payments. The exchange emphasises security, with the majority of funds stored in cold wallets to enhance safety.
Despite its comprehensive offerings, CEX.IO maintains a strong focus on customer satisfaction, evidenced by its high rating on Trustpilot.
The platform’s global reach, regulatory compliance, and secure trading environment make it an attractive option.
Key rating criteria:
| Rating from Google Play | Fees | Deposit fees | Cryptocurrencies available | GBP deposit methods |
|---|---|---|---|---|
| 3 stars | Up to 0.15% | None | 200+ | Bank transfer (ACH), debit card, Apple Pay, Google Pay |
Pros:
Cons:
Factors to Consider When Choosing
When selecting an app, there are several important factors to consider to ensure you choose one that aligns with your needs and investment goals.
Here are key elements to factor in:
- Security Measures: The app should have robust security features like two-factor authentication (2FA), encryption, and insurance against theft or hacking. It’s crucial to ensure that your investments are protected.
- User Interface and Experience: A user-friendly interface that is easy to navigate is essential, especially for beginners. It should provide a smooth and intuitive trading experience.
- Supported Cryptocurrencies: Check the variety of cryptocurrencies it supports. A wider range of available coins allows for more diverse trading and investment opportunities.
- Fees and Costs: Understanding the fee structure is vital. This includes trading fees, withdrawal fees, and any other hidden charges. Lower fees can significantly impact your investment returns over time.
- Regulatory Compliance: Ensure it is compliant with local regulations and laws. This compliance not only adds a level of security but also indicates the legitimacy of the app.
- Customer Support: Reliable customer support is important for resolving any issues or queries. Look for apps that offer quick and helpful support.
- Tools and Features: Consider the available trading tools and features like charting tools, order types, real-time data, and automated trading options. These features can enhance your trading strategies.
- Performance and Reliability: It should have a record of high performance and reliability, especially during times of high market volatility.
- Educational Resources: For beginners, having access to educational materials and resources about cryptocurrency trading can be very beneficial.
- Community and Reputation: Look into the community feedback and overall reputation. User reviews and ratings can provide valuable insights into the app’s reliability and user satisfaction.
- Accessibility and Mobile Compatibility: It should be easily accessible and compatible with various devices, ensuring you can trade on the go.
- Withdrawal and Deposit Options: Check the ease of depositing and withdrawing funds. The availability of multiple payment options can add convenience.
Final Thoughts
It’s important to opt for an app that fits your investment goals and interests, but you should also pay attention to fees, regulations, supported coins, and any extra features.
After my review process, I would recommend tryingeToro, regardless of your level of experience.
You may also like:
- Best crypto exchange in the UK
- Best crypto wallet in the UK
Sources:
