Cryptocurrencies have gained traction in recent years, becoming oft-seen holdings in many portfolios. To buy these digital assets, you need to find a platform that provides the right mix of ease-of-use, security, and low fees. Here are some of the top options for crypto investors and traders in the UK.

First, make sure the exchange you choose is registered with the FCA (Financial Conduct Authority). This will ensure that it follows rules like anti-money laundering and know-your-customer requirements, making it safer to deposit your funds. Many large exchanges, such as OKX, Kraken, and Coinbase, are registered with the FCA. Read more theinvestorscentre.co.uk

Next, consider which cryptocurrencies the exchange supports. Some exchanges, such as CoinJar and OKX, offer a wide selection of cryptocurrencies to trade, while others, such as Kraken, focus on major coins. If you’re looking to trade lesser-known cryptocurrencies, look for an exchange that supports them.

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Finally, check the fees associated with deposits and withdrawals. Most UK exchanges have fairly low fees for GBP deposits and withdrawals, but be aware that some may have additional costs. For example, eToro charges a flat 1% trading fee on all positions but doesn’t charge any deposits or withdrawals in GBP.

If you’re a newcomer to the cryptocurrency market, eToro is a good option. The site offers a free US$100,000 demo account that you can use to practice your skills without risking real money. It also supports a variety of cryptocurrencies, has a user-friendly interface, and supports a number of trading strategies. In addition, eToro is regulated by the FCA and adheres to strict regulations regarding asset protection.