https://ift.tt/Gkh45Mn To Buy Bitcoin in The UK?

It was founded back in 2012 by Brian Armstrong and Fred Ehrsam. Coinbase has users in over 100 countries. Coinbase’s headquarters are in San Francisco, California. The platform offers not only exchange-based services but also a wallet so it is a perfect place for all crypto investors.

Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
Trading fees:
Fees vary
Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

  A variety of fiat currencies supported
  Over 100 cryptocurrencies supported
  A regulated and trustworthy company
Large user base and widely popular
Provides a Coinbase debit card

No future or margin trading
Higher trading fees than main competitors have (Binance for instance)

eToro is based in Tel Aviv-Yafo, Israel. Furthermore, eToro has offices in 4 more countries and is regulated in these countries by CySec (Cyprus), FCA (UK), ASIC (Australia), and FSAS (Seychelles). The has roughly around 17 million users worldwide and is available in around 100 countries. Retail Leverage, Pro Leverage, Customisable Leverage, Deleveraged Trading, Copy-Trading, Spot Trading, and Demo account are the main features of eToro. It supports more than 45 currency pairs.

Deposit fees:
Free
Withdrawal fees:
$5
Trading fees:
0.75 % – 4.9 % spread depending on the cryptocurrency
Payment Methods:
15+ (Credit Cards, MasterCard, Visa, EWallets, etc.)
Supported fiat:
USD, EUR, GBP, and 20+ more

  The longevity on the crypto market
  Low fees
  Various exciting features
User-friendly interface

Lack of stocks and other investment options
Not available in all states in the US
Inactivity fee

The exchange has been becoming increasingly popular throughout Europe with a very well-designed and easy-to-use platform.

Deposit fees:
Free
Withdrawal fees:
Vary from coin to coin
Trading fees:
0.05% – 0.10%
Payment Methods:
Bank Transfer, Credit Card, Debit Card, Cryptocurrency Neteller Bank Transfer (SEPA), SOFORT
Supported fiat:
USD, EUR, CHF, GBP

  1+ million customers
  Variety of payments and withdrawal methods
  Variety of supported fiat currencies

No insurances and no staking
Fees medium

Bottom Line

Pros

Cons

Gemini of today is one of the powerhouses of crypto trading. The exchange is well-reputed and one of the leaders in mainstream penetration thanks to their aggressive ad campaigns on buses, billboards, and mainstream media.

Deposit fees:
Free
Withdrawal fees:
0.001 BTC
Trading fees:
0.10% – 0.35%
Payment Methods:
Credit/debit cards, Local bank transfer
Supported fiat:
USD

  Ability to set real-time market limit orders
  Low fees
  Clean user interface
Strong reputation

Exclusive to a limited number of countries

There are various reasons why Binance became so popular so quickly with the main ones being a professional attitude, friendly and transparent CEO, low trading fees, and the large number of cryptocurrencies supported by the platform. In fact, the number of cryptocurrencies supported is over 350 and Binance is supported in over 60 countries. The founder of the exchange is Changpeng Zhao. Binance’s headquarters are in Hong Kong, HK.

Deposit fees:
Free
Withdrawal fees:
Vary from crypto to crypto
Trading fees:
0.1%
Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

  The largest cryptocurrency platform
  Various advanced services and features
  Low fees and high liquidity
A large number of cryptocurrencies supported

Not fully registered
Hacked in 2019

San Francisco, California is where you will find Kraken’s headquarters. Jesse Powell is the founder and CEO of the company. Kraken offers advanced trading services such as leveraged positions, margin trading, limit orders, advanced orders with predefined triggers, and short selling. Staking is also available on Kraken. Security is on a very high level.

Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
Trading fees:
Maker: 0.16% Taker: 0.28%
Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
Supported fiat:
USD, EUR, GBP, JPY, CAD

  Advanced trading and staking features
  It has been active on the crypto market for a very long time
  It has a good reputation
Advanced trading and staking services

Fees are fairly high
No derivates or futures trading

There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).

Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
Based on spreads
Service fees:
1% – 3%
Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc.
Supported fiat:
USD, GBP, EUR, and 15+ more

  Anything-to-Anything feature
  Straightforward registration process
  Enables investments in US stocks, national currencies, and precious metals
There isn’t a fixed minimum investment

Telephone and Live-chat support doesn’t exist
Lower volume assets require higher spreads

CoinSmart is based in Toronto, Canada. CoinSmart offers two types of trades to its users – single trade and double trade. Single trade is a trade with any crypto against fiat currency or BTC. The fee for a single trade is 0.2%. Double trade is a trade of two cryptos (other than BTC). CoinSmart does not support advanced crypto features such as staking, lending, borrowing, or margin trading.

Deposit fees:
0 – 6 %
Withdrawal fees:
1% ($15 Minimum)
Trading fees:
0.20% for a single trade and 0.40% for double trade
Payment Methods:
Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets
Supported fiat:
CAD

  It is regulated
  The user-friendly, simple-to-use interface
  Easy and fast deposit and withdrawal process
Customer support is on a decent level

A low number of supported cryptocurrencies
No advanced features such as staking, lending, borrowing, or margin trading
Not available in the US

The feature that makes LocalBitcoins unique is the direct contact between users. Most exchanges match sellers and buyers manually without the possibility of communicating directly. Users from all around the world can meet and trade Bitcoins through a fairly simple process. This is why LocalBitcoins is considered to be the “Craigslist” of Bitcoin. The platform is accessible worldwide, precisely in 248 countries.

However, services of LocalBitcoins aren’t available in Washington and New York. Features such as futures trading, derivatives, margin trading, short selling, or any other option aren’t supported. This is because LocalBitcoins doesn’t work as a traditional trading platform.

Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
1%
Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

  Simple to use
  Plenty of payment options
  Available worldwide
Swift transactions

Higher exchange rates
Cash trades aren’t supported

Luno serves upcoming markets that lack local cryptocurrency exchanges and as such has a strong presence in presence in South Africa, Singapore, Nigeria, Malaysia, and Indonesia.

Deposit fees:
Fees vary by currency
Withdrawal fees:
Fees vary by payment method
Trading fees:
0.20%
Payment Methods:
Bank Transfer (SEPA), Credit Card, Debit Card, Cash Electronic Funds Transfer, Interbank GIRO, Interbank Funds Transfer, SEPA
Supported fiat:
EUR, IDR, MYR, NGN, ZAR, ZMW, USD

  Beginner-friendly crypto trading
  Offers interest on crypto savings
  Secure storage

Not available for U.S. customers
Small selection of cryptocurrencies

KuCoin offers an impressive number of cryptocurrencies that you can buy, sell, and trade with one of the lowest fees in the crypto industry. KuCoin supports buying, selling, futures, leverage, spot trading, spot grid trading, margin trading, staking, lending, P2P trading, OTC trading, earn, and pool. It has 500+ cryptocurrencies available for trade and 1000+ trading pairs. Today, KuCoin is available in more than 180 countries around the globe.

Deposit fees:
Free
Withdrawal fees:
0 – 16$ (average)
Trading fees:
0 – 0.1 %
Payment Methods:
Debit and Credit card, Apple and Google Pay
Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

  Wide range of coins
  Low fees
  Mobile App (Android and iOS)
No forced KYC
10+ M users
Innovative and quick to add new features

Not licensed in the U.S.
Limited payment methods