Best crypto apps in the UK are those that have user-friendly interfaces, extensive lists of available assets, low fees, and security features. Each crypto trading app caters to different needs, so consider your requirements carefully before choosing one. For instance, some exchanges offer advanced tools and high fees for experienced traders while others, such as Coinbase, provide a more straightforward experience with educational resources and features like recurring buys for new investors.

Cryptocurrency exchanges are online platforms where you can buy and sell cryptocurrencies, such as Bitcoin. They act as intermediaries between buyers and sellers, matching up trades and executing them. They also charge fees for their services, which can vary depending on the type of transaction. Some exchanges, such as OKX and eToro, are registered with the FCA and adhere to rules like anti-money laundering (AML) and know-your-customer (KYC) requirements.

Best Crypto Apps in the UK: Secure and Easy-to-Use Platforms

Decentralized exchanges, on the other hand, allow users to trade directly with each other through smart contracts without a central authority. This can offer more privacy and control over your funds, but it might take longer to execute trades and may have lower liquidity.

Other popular exchanges include MEXC and Kraken, which are both registered with the FCA and adhere to standards like AML and KYC. They also have competitive prices and a variety of features that make them suitable for both beginner and experienced traders. For example, MEXC has a wide range of market data and charts that can help you make informed trading decisions.