What is the best crypto exchange in the UK?

Our number one recommendation for UK crypto traders is Binance, the world’s largest and most popular crypto exchange. Whether you need a place to buy Bitcoin and other prominent cryptos, or you’re looking for an altcoin trading platform, Binance has it all!

Do crypto exchanges need to register in the UK?

Any crypto exchange in the UK should register itself with the Financial Conduct Authority (FCA). The goal of such regulations is to guarantee that the exchanges in this volatile industry protect consumers’ assets. Crypto exchanges in the UK are not permitted to trade crypto derivatives.

What is a crypto exchange?

A crypto exchange can be understood in form of an online marketplace from which you can purchase and sell any crypto asset or fiat currency. In a nutshell, it acts as a middleman between crypto buyers and sellers.

What are centralized crypto exchanges (Cex)?

Centralized crypto exchanges (CEX) are managed by one organization. Centralized exchanges make it easy to get started with cryptocurrency trading by allowing users to convert their fiat currency, like dollars, directly into crypto. The vast majority of crypto trading take place on centralized exchanges.