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Best Cryptocurrency Brokers UK 2024

Tobi Opeyemi Amure
Reviewed by:
Best Bitcoin brokers UK

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

In a nutshell, the best cryptocurrency brokers in the UK include eToro, known for its social trading platform and user-friendly experience; Uphold, which offers a transparent trading environment with a diverse range of over 250 altcoins; and Coinbase, favored for its simplicity and educational resources, making it ideal for beginners. Each broker provides unique features that cater to different trading needs and preferences, all operating under regulatory standards to ensure security and trust.

Looking for your perfect cryptocurrency broker?

I’ve tested, scored, and ranked the best Bitcoin brokers in the UK.

Whether you’re seeking security, user-friendliness, or extensive coin options, I’ve got you covered.

Best overall
Large selection of altcoins
4.8
4.6
Description:

eToro is trusted by over 30 million users worldwide. It's the best Bitcoin broker in the UK due to its cold storage, innovative trading features, user-friendly GBP deposit options, and industry-leading fees.

Description:

Uphold is the easiest way to buy, sell, and stake BTC in the UK. A secure and transparent platform with over 250 assets.

Pros:
  • User-friendly
  • Copy the moves of professional traders
  • Social trading & educational features
Pros:
  • Easy to buy, sell, and stake Bitcoin
  • Safe & transparent financial reserves
  • Crypto debit card (with 4% cashback & 0% foreign transaction fees)
Disclaimer:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Disclaimer:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Best overall
4.8
Description:

eToro is trusted by over 30 million users worldwide. It's the best Bitcoin broker in the UK due to its cold storage, innovative trading features, user-friendly GBP deposit options, and industry-leading fees.

Pros:
  • User-friendly
  • Copy the moves of professional traders
  • Social trading & educational features
Disclaimer:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Large selection of altcoins
4.6
Description:

Uphold is the easiest way to buy, sell, and stake BTC in the UK. A secure and transparent platform with over 250 assets.

Pros:
  • Easy to buy, sell, and stake Bitcoin
  • Safe & transparent financial reserves
  • Crypto debit card (with 4% cashback & 0% foreign transaction fees)
Disclaimer:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

6 Best Cryptocurrency Brokers UK Ranked

Here is a quick list of the best crypto brokers to use in the UK based on my hands-on analysis:

Don’t invest unless you’re prepared to lose all the money you invest.

  1. eToro – Overall best crypto broker UK for beginners
  2. Uphold – Best BTC broker for selection of altcoins
  3. Coinbase – Best Bitcoin broker for first-time investors
  4. OKX – Low-fee BTC broker for advanced traders
  5. Bitstamp – Long-standing & reliable Bitcoin broker
  6. Coinmama – Best BTC broker for spending limits

Best Crypto & Bitcoin Brokers Compared for UK Investors

Here I’ve compared the Bitcoin brokers based on three key factors you must consider and compare:

RankBitcoin brokerBTC trading feesDeposit feesGBP Deposit Methods
1eToro1%
+ market spread
0.5%Bank transfer, debit card,
Neteller, Skrill, eToro Money
2Uphold1% trading fee
& 1% spread fee
Debit card fee
of 3.99%
Bank transfer (ACH), debit card,
Apple Pay, Google Pay
3Coinbase1% commission
+ 0.5% spread fee
Debit card fee
of 3.99%
Bank transfer, credit card,
crypto, debit card, PayPal
4OKXUp to 0.1%Built into the BTC/GBP
exchange rate
Bank transfer, credit card,
crypto, debit card, Apple Pay
5BitstampFrom 0%4%Bank transfer, credit card,
crypto, debit card
6CoinmamaUp to 3.9%4.5%Bank transfer, credit card,
crypto, debit card

Best Bitcoin Broker UK Reviews

Bitcoin is moving fast in the UK, here are some statistics that highlight the movement.

  • As of 2023, nearly 4.97 million people in the UK hold some form of crypto asset, which is nearly 10% of the population1.
  • The revenue in the cryptocurrency market in the UK is projected to reach US$1.89bn in 2023, with an annual growth rate of 18.84%2.
  • Almost 500 businesses in the UK accept cryptocurrency as a payment method3.

As you can see, Bitcoin is gaining traction in the UK and reshaping the financial scene daily4.

The complexities put many people off, but I’m here to shine some light on it and help UK investors choose the best broker for them.

Having worked in the retail investment & crypto sector in London over the last four years, I had the opportunity to experience the rise in Bitcoin first-hand.

Additionally, in my role working for one of the UK’s leading financial companies, “a trustworthy and respected provider of news, education and market analysis for the everyday investor”, I was able to work with and test some of the biggest Bitcoin brokers on the market.

Using my experience in this field, I’ve compiled a list of the best UK Bitcoin brokers based on three key criteria:

  1. BTC trading fees
  2. Deposit fees
  3. GBP deposit methods

Factors such as usability, education materials, and additional features were also considered.

All the brokers I’ve reviewed below are registered with the UK’s financial watchdog, the Financial Conduct Authority (FCA), and have apps available on Android and iOS.

You can read about how we test platforms here.

This article was reviewed by Tobi Opeyemi Amure, a crypto expert and writer at Investopedia and Investing.com.

1. eToro – Overall best crypto broker UK for beginners

Don’t invest unless you’re prepared to lose all the money you invest.

eToro is the overall best Bitcoin broker in the UK.

eToro, founded in 2007, is a prominent Bitcoin broker in the UK, endorsed for its security and user-friendly approach.

Its FCA registration affirms its trustworthiness. The account setup is swift, with a variety of UK payment options, including e-wallets and bank transfers, making it easy to start trading.

With a low minimum deposit and access to over 90 cryptocurrencies, eToro caters to both beginners and seasoned traders.

Its CopyTrader feature stands out, allowing users to replicate the moves of successful traders, and its smart portfolio service provides managed diversification.

Additionally, eToro offers commission-free stock trading, along with ETFs, forex, commodities, and indices. The platform’s interface is intuitive, accessible via web and mobile, and it offers a secure Bitcoin wallet for digital asset storage.

Charges are clear, with spreads on trades and a reasonable initial deposit requirement.

eToro equips users with analytical tools and a demo account for practice, positioning itself as a comprehensive trading platform in the UK.

Read my full eToro review.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
1% +
market spread
0.5%Bank transfer,
debit card, Neteller, Skrill,
eToro Money

Pros:

  • Low minimum investment requirement of $10
  • Instant purchase of Bitcoin using a UK debit card
  • Smart portfolios for passive Bitcoin investing
  • Convenient Bitcoin wallet app available for iOS and Android

Cons:

  • Limited advanced analysis tools that experienced traders may require

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

2. Uphold – Best BTC broker for selection of altcoins

Uphold - Best BTC broker for selection of altcoins.

Uphold is a standout Bitcoin broker in the UK, offering an extensive range of over 250 altcoins.

This includes not only major players like Bitcoin and Ethereum but also a variety of meme coins, DeFi coins, and stablecoins.

The platform operates on a variable spread model for trades, typically between 0.8%-1.2% for popular coins, with no commission fees.

The platform distinguishes itself with transparency, providing real-time insights into its reserves for users concerned about liquidity. Security is also a priority, with regular third-party audits to ensure the safety of customer funds.

Besides Bitcoin, Uphold allows trading in stocks and commodities, though its primary strength lies in digital currencies.

It’s recommended for those interested in a diverse portfolio, while eToro might be preferred for those seeking additional trading features.

Read my complete Uphold review.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
1% trading fee
& 1% spread fee
Debit card fee
of 3.99%
Bank transfer (ACH), debit card,
Apple Pay, Google Pay

Uphold pros:

  • 250+ altcoins 
  • Preview the spread before every trade
  • Transparent financial reserves
  • Third-party security audits

Uphold cons:

  • High spreads on lower-volume assets

3. Coinbase – Best Bitcoin broker for first-time investors

Coinbase – Best Bitcoin broker for first-time investors

Coinbase, since its inception in 2012, has become a benchmark for reliability in the crypto industry.

Listed on the NASDAQ, it extends a sense of transparency to its operations, appealing to UK users with its straightforward trading process and diverse payment options, including debit/credit cards and PayPal.

The platform’s altcoin selection is broad, featuring over 250 digital assets, from leading coins like Bitcoin to various ERC-20 and DeFi tokens.

UK investors should note Coinbase’s fees, which are 1.49% for standard trading and 3.99% for card and PayPal transactions.

Coinbase prioritises security, with 98% of assets in cold storage, and measures like two-factor authentication enhancing user safety. Its interface caters to newcomers, with a low minimum purchase of £2 and features like automated recurring buys.

Despite higher fees, Coinbase’s ease of use and educational resources make it a top pick for beginners in the UK.

The mobile app ensures trading flexibility, further establishing Coinbase as a user-centric platform, although fee-conscious traders should weigh the costs.

Read my full Coinbase review UK.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
1% commission +
0.5% spread fee
Debit card fee
of 3.99%
Bank transfer, credit card,
crypto, debit card, PayPal

Pros:

  • User-friendly interface
  • Reliable BTC wallet
  • Coinbase Visa card to spend crypto worldwide

Cons:

  • High fees & complicated structure
  • Customer support tends to be slow

4. OKX – Low-fee BTC broker for advanced traders

Low-fee BTC broker for advanced traders.

OKX, known for advanced trading features, serves over 20 million users globally and stands out as a leading Bitcoin broker in the UK.

The platform lists over 340 digital currencies, including Bitcoin and Ethereum, catering to both experts and novices.

OKX combines ease of use with sophisticated tools like technical indicators, TradingView integration, and a variety of order types.

Beginners benefit from the Convert feature for feeless crypto swaps and an ‘instant buy’ option for straightforward purchases using cards and e-wallets.

The platform offers avenues for investment growth such as staking and savings accounts with attractive APYs. OKX prioritises asset safety, storing the majority in offline storage and using advanced security for online assets.

With educational resources readily available, OKX provides knowledge alongside trading opportunities. With low trading fees of up to 0.1% and a $10 minimum deposit, it caters to diverse Bitcoin trading needs in the UK.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
Up to 0.1%Built into the BTC/GBP exchange rateBank transfer, credit card,
crypto, debit card, Apple Pay

Pros:

  • Highly regarded among seasoned traders
  • Advanced charting tools and a range of technical indicators
  • Provides earning options, such as BTC savings accounts
  • Features a decentralised trading app that also serves as a wallet for added convenience

Cons:

  • Fees are integrated into the BTC/GBP exchange rate

5. Bitstamp – Long-standing & reliable Bitcoin broker

Bitstamp – Long-standing & reliable Bitcoin broker

Bitstamp stands out in the UK as a reliable Bitcoin broker, offering extensive support to those navigating the cryptocurrency market. Its 24/7 customer service via phone and email, and insightful ‘Crypto Pulse’ report, provide valuable assistance to traders.

Established over ten years ago, Bitstamp is known for its dependable order execution, supported by high liquidity and consistent uptime. It boasts a selection of 75 altcoins and equips advanced traders with sophisticated tools like APIs and real-time data.

Security at Bitstamp is stringent, with 98% of assets in cold storage and robust protection measures for transactions and personal data.

The mobile app and straightforward account setup enhance trading convenience, and most deposit methods are free, with competitive trading fees up to 0.5%.

Bitstamp’s fee structure is particularly appealing for lower-volume traders, offering 0% commission on trades under $1,000. For UK users, while debit card payments incur a 4% fee, bank transfers offer a free alternative.

In summary, Bitstamp’s blend of strong customer support, advanced trading tools, and a clear fee schedule positions it as a top Bitcoin brokerage for both experienced traders and newcomers in the UK.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
From 0%4%Bank transfer, credit card,
crypto, debit card

Pros:

  • Bitcoin staking
  • Good customer support team
  • 98% of assets stored in cold wallets
  • Impressive user interface simplifies the trading experience
  • Withdraw Fiat money directly to a bank account

Cons:

  • Not the largest selection of coins
  • Lack of margin trading or lending features

6. Coinmama – Best BTC broker for spending limits

Coinmama – Best BTC broker for spending limits

Coinmama, since 2013, has built a reputation as a trustworthy Bitcoin broker in the UK, particularly for those intending to make large purchases, with limits reaching $30,000 per transaction.

The platform is known for rapid delivery of Bitcoin, often within 10 minutes, and supports a wide range of payment options like bank cards and e-wallets.

Coinmama ensures users maintain control over their digital assets by not storing payment details, aligning with security-conscious preferences.

The platform is tailored for beginners, offering a straightforward experience and educational resources, but it may not meet the needs of traders seeking in-depth analysis tools.

Verification is efficient, and transactions start at $30 but rise to $250 for SWIFT and $500 for Fedwire. Fees are variable: a 5% fee for card transactions and 2.5% for Skrill, with commissions up to 3.9% that can be reduced with higher loyalty levels.

Coinmama distinguishes itself by not offering wallet services, instead directly transferring purchased tokens to the user’s wallet.

In essence, Coinmama is a favored option for fast, simple, and substantial transactions in the UK, with a fee structure that reflects its convenience and security measures.

Key rating criteria:

BTC trading feesDeposit feesGBP deposit methods
Up to 3.9%4.5%Bank transfer, credit card,
crypto, debit card

Pros:

  • Quick KYC process
  • Instant transfer of Bitcoin assets to users’ wallets

Cons:

  • Higher fees compared to other brokers

How to Choose the Best Bitcoin Broker in the UK?

Choosing the best broker for buying Bitcoin in the UK requires careful consideration of various factors.

Along with the key rating criteria I used to rank the brokers, here’s what to look for:

  • Regulation and Licensing: Ensure the broker is regulated by reputable authorities such as the UK’s Financial Conduct Authority (FCA). This offers protection against fraudulent practices and provides a level of security for your funds.
  • Fees and Costs:
    • Trading Fees: Compare the trading fees or commissions charged. Some brokers offer a flat fee, while others might have a percentage-based fee.
    • Deposit/Withdrawal Fees: Check if there are fees associated with depositing or withdrawing funds.
    • Hidden Fees: Always read the fine print to avoid unexpected charges.
  • Range of Offered Cryptocurrencies:
    • Some brokers might only offer popular cryptocurrencies like Bitcoin and Ethereum. If you’re interested in altcoins, ensure the broker provides a wide range of options.
  • Platform Usability:
    • Interface: The platform should be user-friendly, especially for beginners.
    • Mobile App: If you intend to trade on the go, check if the broker offers a robust mobile application.
  • Payment Methods: Ensure the broker supports a variety of payment methods, including bank transfers, credit/debit cards, e-wallets, and more.
  • Security:
    • Cold Storage: Check if the broker stores a significant portion of its assets in offline cold storage.
    • Encryption: Ensure the broker uses strong encryption techniques to safeguard your data.
    • Two-Factor Authentication (2FA): This adds an extra layer of security to your account.
  • Liquidity: Higher liquidity means your trades can be executed quickly and at your desired prices.
  • Customer Support: Ensure the broker provides prompt customer service, ideally 24/7. Check if they offer multiple channels for support, such as phone, email, and live chat.
  • Educational Resources: For beginners, it’s beneficial if the broker provides educational resources, tutorials, and market analysis to enhance understanding.
  • Additional Features:
    • Advanced Trading Tools: For experienced traders, tools like technical indicators, charting, and advanced order types can be valuable.
    • Wallet Services: While some traders prefer to use private wallets, others might appreciate an integrated wallet service.
  • User Reviews and Reputation: Check online reviews, forums, and user testimonials to gauge the broker’s reputation in the community. However, always take online reviews with a grain of caution, as they can sometimes be biased or manipulated.
  • Withdrawal Limits and Speeds: If you intend to move significant amounts, ensure the broker doesn’t have restrictive withdrawal limits and that the withdrawal process is swift.
  • Leverage and Margin Trading: If you’re interested in trading on margin, check if the broker offers this service and understand the associated risks.
  • KYC and Verification Process: Understand the broker’s KYC process. While a rigorous process indicates thoroughness, it might also mean longer waiting times for account approval.

The “best” Bitcoin broker will vary based on individual preferences and trading needs. It’s essential to do thorough research, compare multiple options, and perhaps even try out a few platforms before committing to one.

What Is a Bitcoin Broker?

A BTC broker is a firm or individual that acts as an intermediary between Bitcoin buyers and sellers, facilitating the trade of digital assets.

Instead of matching trades in a market setting like exchanges, they buy and sell Bitcoin at prices determined by them, which often include a markup or margin for the service provided.

How Does a Broker Work?

  1. Platform Accessibility: Brokers operate online platforms, making it easy for users to register, verify their identities (if required), and conduct trades. Their platforms are generally user-friendly, catering to both beginners and experienced traders.
  2. Price Setting: Unlike exchanges where prices are driven by supply and demand dynamics, brokers set their own prices. They usually monitor global exchange prices and add their markup, ensuring they remain competitive.
  3. Transaction Process: Once a user selects the asset they wish to purchase, the broker provides a quote. If the user agrees to the price, they make the payment, and the broker transfers the cryptocurrency to the user’s wallet.
  4. Payment Methods: Brokers often support multiple payment options, including bank transfers, credit/debit cards, e-wallets, and sometimes even cash payments. This diversity in payment methods makes them appealing to a wider audience.
  5. Wallet Integration: While some brokers offer integrated wallets where users can store their purchased Bitcoin and altcoins, others require users to have their wallets where the broker can send the coins post-purchase.
  6. Security and Regulation: Many brokers are regulated entities, adhering to the financial regulations of the countries in which they operate. They employ various security measures to protect user funds and data, such as encryption, two-factor authentication, and cold storage.
  7. Education and Support: Many brokers provide educational resources and customer support to guide users through the buying process, market insights, or resolve any issues.
  8. Fees: The primary source of revenue for brokers is the markup they add to the prices or the fees they charge for their services. It’s essential to understand the fee structure before trading.

Advantages of Using a Bitcoin Broker

  • Simplicity: Their platforms are generally more straightforward to navigate than traditional exchanges, ideal for newcomers.
  • Speed: Transactions can be faster since you’re buying directly from the broker without waiting for a matching order.
  • Regulation: Regulated brokers offer an added layer of security and trust for users.
  • Diverse Payment Options: Brokers usually provide more payment methods compared to exchanges.

Drawbacks

  • Cost: The convenience of using a broker might come at a higher cost due to added fees or markups.
  • Less Control: Since brokers set the prices, traders might not have the same level of control or access to advanced trading tools as they would on a traditional exchange.

Are Bitcoin Brokers the Same as Exchanges?

Bitcoin brokers and exchanges serve similar purposes in that they both facilitate the buying and selling of Bitcoin.

However, there are some key differences between the two:

Bitcoin Brokers:

  • Intermediaries: Brokers act as middlemen between the buyer and the market. They facilitate your trade, often simplifying the process by providing a more user-friendly platform.
  • Fixed Prices: Most brokers offer Bitcoin at a fixed price, which might be slightly above the market rate. The broker adds a small premium to cover their costs and make a profit.
  • Simplicity: Brokers usually offer a simpler interface for beginners. They might also offer other services, like investment advice, portfolio management, etc.
  • Limited Options: Brokers often have a smaller selection of altcoins than exchanges.
  • Regulation: Some brokers might be more strictly regulated than exchanges, particularly if they offer other types of assets as well.
  • Cost: Dealing with brokers might be more expensive than exchanges due to the added premium on the asset price and possibly other service fees.
  • Leverage: Some brokers offer leverage, allowing users to borrow money to trade.

Cryptocurrency Exchanges:

  • Platform: Exchanges provide a platform where buyers and sellers can trade directly with each other, often without the need for a middleman.
  • Market Prices: Prices on exchanges are not fixed and are determined by market supply and demand.
  • Complexity: Exchanges usually have more advanced features and tools, like spot trading, futures, options, and more. They are often better suited for experienced traders.
  • Variety: Exchanges often offer a wide range of cryptocurrencies to buy, sell, and trade.
  • Regulation: The level of regulation varies widely among exchanges. Some are strictly regulated, while others are not.
  • Fees: Exchanges usually charge a trading fee, which can be a percentage of the trade or a fixed amount. Some also charge withdrawal fees.
  • Liquidity: Typically, exchanges have higher liquidity than brokers, meaning there are more buyers and sellers. This can result in better prices for the trader.

Both brokers and exchanges have their pros and cons, and the best option for you will depend on your specific needs, your level of experience, and what kind of trading you plan to do.

How Safe Are BTC Brokers?

The safety of brokers largely depends on their regulatory oversight, security protocols, and operational history.

Reputable brokers often operate under the scrutiny of financial regulatory bodies, ensuring they adhere to stringent standards that protect investor interests.

Many leading brokers implement advanced security measures, such as two-factor authentication, cold storage for a significant portion of their assets, encryption protocols, and regular security audits.

Additionally, the use of segregated accounts ensures that clients’ funds are separate from the broker’s operational funds.

However, the industry has witnessed several instances of hacks and security breaches in the past, even at well-regarded platforms.

Therefore, while many brokers offer a high degree of safety, investors need to conduct thorough research, be aware of potential risks, and employ personal security measures, like using secure internet connections and regularly updating passwords.

Tax on Cryptocurrency in the UK

In the UK, cryptocurrency is treated for tax purposes as a foreign currency. When you dispose of cryptocurrency – be it through selling, gifting, or even trading it for another cryptocurrency – you might need to pay Capital Gains Tax (CGT) on any gains you make.

The taxable event arises upon the disposal, and it’s the difference between the acquisition cost and disposal proceeds that determines the capital gain or loss. If you receive crypto as payment for goods or services or through mining, it may be considered income, and you might have to pay Income Tax.

It’s essential to keep detailed records of every transaction, including dates, amounts, and the involved parties, to calculate the gains or losses accurately.

HMRC guides the tax treatment of crypto assets, but given the complexity of taxation and individual circumstances, consulting with a tax advisor or accountant who is familiar with cryptocurrency can be invaluable.

Final Thoughts

The UK’s cryptocurrency market offers a wide array of Bitcoin brokers, each tailored to cater to the diverse needs of investors.

From brokers designed for beginners like eToro to brokers that serve advanced traders with expansive offerings like OKX, there’s something for everyone.

It’s imperative to prioritise security, user experience, and the range of assets available when choosing a broker.

As thelandscape continually evolves, staying informed and choosing the right Bitcoin broker can greatly enhance your trading journey, ensuring both profitability and peace of mind.

FAQs

What are the largest Bitcoin brokers by volume?

Some of the largest Bitcoin brokers and exchanges by trading volume include Binance, Coinbase, Huobi, and OKEx. These platforms have established significant user bases and handle billions of dollars in transactions daily. Binance, in particular, often leads the pack in terms of global trading volume. However, trading volumes and rankings can fluctuate based on market conditions, regulatory factors, and platform innovations.

What is the best Bitcoin broker for beginners UK?

eToro is the best Bitcoin broker for beginners in the UK. It offers an intuitive platform, a social trading feature where newcomers can learn from experienced traders, and a variety of educational resources. The platform supports a wide range of altcoins, and its copy trading feature allows beginners to replicate the trades of successful traders. With its user-friendly interface and rich educational content, eToro is a strong choice for those new to Bitcoin trading.

Can I trade Bitcoin on Interactive Brokers UK?

Yes, Interactive Brokers UK offers Bitcoin trading. Clients can access and trade BTC alongside other asset classes, providing a seamless and integrated trading experience.

Are Bitcoin brokers legal in the UK?

Yes, Bitcoin brokers are legal in the UK. However, they are subject to regulatory oversight. Since January 2020, businesses conducting specific crypto-related activities in the UK must register with the Financial Conduct Authority (FCA) and adhere to its rules and regulations. This includes observing anti-money laundering (AML) and counter-terrorist financing (CTF) standards. While trading and investing in Bitcoin is permitted, consumers need to ensure they are using a registered and compliant broker to ensure legal protections.

What is the best broker for Bitcoin trading?

The choice of the best broker for Bitcoin trading can depend on individual preferences and needs. eToro is known for its user-friendly interface and social trading features, making it suitable for both beginners and experienced traders. On the other hand, OKX offers a wide range of altcoins and advanced trading tools, making it a good option for more experienced traders looking for variety and functionality. Consider your specific requirements and trading style when choosing between the two.

Which Bitcoin broker is safest?

Determining the safest Bitcoin broker involves considering factors like regulation, security measures, and reputation. Brokers like Coinbase and Kraken are often considered safe due to their strong regulatory compliance, extensive security protocols, and established track records in the industry. However, it’s crucial to conduct your research and exercise caution when selecting a broker, as safety can also depend on individual account security practices.

What’s the best Bitcoin broker for MT4?

IC Markets is widely considered the best Bitcoin broker for traders who want to use the MetaTrader 4 (MT4) platform. It offers a range of currency pairs, competitive spreads, and is well-regulated for enhanced security.

You may also like:

Sources:

  1. https://www.fca.org.uk/publication/research-notes/research-note-cryptoasset-consumer-research-2023-wave4.pdf ↩︎
  2. https://www.statista.com/outlook/dmo/fintech/digital-assets/cryptocurrencies/united-kingdom ↩︎
  3. https://uk.style.yahoo.com/most-popular-cryptocurrency-2021-uk-093057693.html ↩︎
  4. https://www.cam.ac.uk/research/news/study-highlights-growing-significance-of-cryptocurrencies ↩︎

Will Fenton is the founder of Sterling Savvy. He is a personal finance expert and writes about trading, investing, budgeting, and other financial topics.

Along with his education in Economics & Finance, he has experience working in the financial services industry in London working for one of the UK’s leading financial companies, “a trustworthy and respected provider of news, education and market analysis for the everyday investor”.

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