Best Coinbase Alternatives UK

With the popularity of cryptocurrencies continuing to rise, more and more people are searching for alternatives to their current crypto exchange. Some want to save money on transaction fees, while others prefer a different platform’s selection of supported coins or customer support options. Regardless of your needs, there are plenty of Coinbase alternatives that can cater to you, with the best ones providing a combination of these factors.

When choosing a Best Coinbase Alternatives UK exchange, you need to consider whether it is regulated by the Financial Conduct Authority (FCA). This ensures that the platform follows rules like anti-money laundering and know-your-customer (KYC), protecting your personal information and assets. It’s also a safer option than using an unregulated one, which could expose you to serious risks like fraud and theft. Luckily, most of the popular crypto exchanges in the UK, including OKX, Kraken, and Bitget, are FCA-regulated.

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Another important factor to consider is how many cryptocurrencies the exchange supports. While most UK platforms offer the major currencies like Bitcoin (BTC) and Ethereum (ETH), you may want to look for a more extensive selection. For example, OKX offers over 350 different cryptocurrencies, while Kraken has around 200.

You also need to think about how you’re going to deposit and withdraw money from the exchange. Most UK-focused exchanges accept deposits via bank transfer through Faster Payments Service, which is free and easy to use. However, some offer additional deposit methods, such as PayPal or debit cards.