Buying trading platforms for beginners uk is easier than ever, with numerous cryptocurrency exchanges available. But with each platform having a different set of fees, limits, and verification methods, it can be difficult to choose the best one for your needs. There are also a number of automated teller machines (ATMs) which offer an instant method of purchasing crypto in the UK, requiring only your phone number for verification and providing a useful Bitcoin ATM Map.

Trade with Confidence: Discovering the Best Trade Platforms in the UK

Choosing the best crypto trading platform for UK investors requires taking several factors into consideration, including licensing, supported coins and fees. In particular, it is essential to choose an FCA-regulated exchange that offers the protection of the FSCS. eToro is a good example, as its users are protected up to PS85,000 by the FSCS in case of insolvency.

Another important factor is the security of a crypto exchange. The safest platforms offer cold storage, a feature that protects tokens from online hacking. Some even allow you to set up two-factor authentication, which is a great way to secure your account.

Gemini is a popular choice for UK cryptocurrency traders due to its user-friendly interface and commitment to security. The platform is regulated by the FCA and has undergone SOC 1 and 2 audits, providing assurance that it is committed to earning customer trust. In addition, it offers zero deposit and withdrawal fees, making it ideal for those looking to maximise cost efficiency. Uphold is another top choice for UK crypto investors, offering a large selection of digital assets, as well as an innovative user-centric approach that includes the ability to schedule transactions.