UK crypto trading platforms come in different forms, from order book exchanges like Kraken that facilitate trades between buyers and sellers to eToro-like brokerage platforms that simplify direct cryptocurrency purchases. Each type has its own unique features that cater to users of varying experience levels and trading preferences. For example, beginners can enjoy easy-to-use interfaces and robust security measures at Gemini, while advanced traders may prefer a platform that offers a range of crypto options to choose from and low fees.

Best platform to day trade, while most UK crypto platforms charge transaction fees, some may also impose a withdrawal or inactivity fee. Fortunately, some of the best UK crypto trading platforms offer a more holistic approach to crypto investments by eliminating these extra charges.

Choosing the Right Platform: What Makes the Best Trading Platform in the UK

For instance, eToro does not charge any deposit fees or conversion fees for GBP transactions. In addition, a user can buy crypto at a fixed price by using its eToro CopyTrader feature. Users can also invest in a Smart Portfolio at eToro, which offers exposure to a diversified selection of assets that is professionally managed and re-weighted and re-balanced regularly.

On the other hand, OKX offers a more comprehensive suite of services for UK traders looking for versatility and convenience. The platform’s low trading fees (starting at 0.1% for spot trades) and discounts for OKB token holders make it a top choice. In addition, the platform’s in-house risk management system ensures that users’ funds are protected in the unlikely event of a hack.