Best Bitcoin (BTC) Exchanges in 2024: Fees, Features, Platforms & More

This article will answer the main questions for traders looking to invest in bitcoin or other cryptocurrencies. Questions like on how Bitcoin exchanges work, What are the different types of Bitcoin exchanges?

Author: Edith Reads   -   Last updated: 19/03/2024
Best Bitcoin Exchanges


In this Bitcoin exchange comparison, we look at eight of the best Bitcoin exchanges in 2021. We will be pointing out the key features that make them unique and how bitcoin trading on a certain exchange works.

Since 2010, there has been a proliferation of Bitcoin exchanges. They were all established after the introduction of Bitcoin cryptocurrency and blockchain in 2009, and their popularity has soared over time.

And while they are often considered the best bitcoin exchanges in UK and Europe, they still differ significantly on a number of issues. For instance, they support different payment methods, impose different types of fees, and have different approaches to storing their client’s funds. But at the very core, they all have their primary role as the facilitation of the purchase, sale, and exchange of Bitcoins.

Best Bitcoin (BTC) Exchanges in 2024

  • Min Deposit: $200
  • Number of Coins: 20+
  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Visit eToro

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  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Regulated by SEC, & FinCEN
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure
Visit Kraken

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Secure Digital Wallet App
  • Offers high liquidity
  • Easy-to-use interface
Giro PayMastercardNetellerSkrillVisa
Visit Bitpanda

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  • Min Deposit: 1 $£€
  • Number of Coins: 25+
  • Tax Support
  • Low fees
  • Beginner-friendly

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  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Visit Binance

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  • Min Deposit: 20 $£€
  • Number of Coins: 200+
  • Anonymous
  • Easy to use
  • Wide range of cryptocurrencies
Visit Changelly

Capital At Risk

  • Min Deposit: 10 $£€
  • Number of Coins: 5+
  • Easy access to major cryptocurrencies
  • Fast deposits and withdrawals
  • Buy crypto on your schedule
Visit Luno

Capital At Risk

What Is a Bitcoin Exchange?

A bitcoin exchange is a digital marketplace and an online platform where you can buy bitcoins and sell them using fiat currency or exchange them for another cryptocurrency.

Look at it as the crypto version of a stock exchange, where in place of stocks and shares, you get to trade Bitcoins. Some Bitcoin exchanges will support the purchase of Bitcoins with conventional Fiat currencies. Others will only allow for the purchase of Bitcoin using another crypto, and yet others support both fiat-to-crypto and crypto-to-crypto conversions.

How Does a Bitcoin Exchange Work?

The work of a bitcoin exchange is to facilitate the sale and purchase of the bitcoin cryptocurrency. On most of these exchanges, there are two primary ways of buying or selling bitcoins – through a market order or a limit order. If you chose to buy or sell through a market order, you are essentially authorizing the exchange to execute the trade at the best available price on the marketplace. On the other hand, the limit order authorizes the exchange to execute the trade above the bid price above or below the current ask price.

Besides providing you with a trading platform, the best bitcoin exchange provides you with complimentary trading tools. These include real-time access to the Bitcoin market, advanced risk management tools, real-time Bitcoin news, and trader sentiments, as well as technical and fundamental analysis tools. These go a long way in helping you protect your online investments and make informed bitcoin trading decisions like when to buy or sell. Some will even provide you with a free crypto wallet for keeping your Bitcoins safe.

Types of Bitcoin Exchanges

There are five primary types of Bitcoin exchanges, including:

Centralized exchanges

A centralized bitcoin exchange is a trading platform that is owned and controlled by an established entity. Your interactions with the bitcoin exchange go through – and are often recorded on – a central server. The company behind the exchange will also be responsible for setting up customer support teams, ensuring the platform adheres to regulatory requirements, and setting Bitcoin trading fees and spreads. Centralized platforms are the most popular and are often ranked among the best bitcoin exchanges in the UK and Europe.

Decentralized exchanges

Decentralized Bitcoin exchanges, on the other hand, don’t have a single entity controlling or overseeing the platform affairs. They are trustless platforms where buy and sell transactions are executed in the form of smart contracts. These bitcoin exchanges operate outside government regulations and are considered safe. Their popularity and, in effect, trading volumes on these platforms have dwindled in the recent past. An example of a decentralized Bitcoin exchange is IDEX.

Hybrid exchanges

A hybrid Bitcoin exchange seeks to leverage the key features of centralized and decentralized exchanges. It aims to combine the security of the decentralized exchange and the user-friendliness of the centralized exchange. Most hybrid Bitcoin trading platforms match orders offline and only update the balances after the transaction is submitted to the blockchain. BitStamp is an example of one of the best Bitcoin exchanges that combines the two features.

Instant exchanges

Instant Bitcoin exchanges facilitate the instantaneous purchase and sale of Bitcoins. Unlike exchanges that bring together bitcoin buyers and sellers, instant exchanges allow you to buy and sell to and from the exchange service provider. They are referred to as instant exchanges because the transaction is simple and instantaneous – no buy orders are involved. Examples of Best Bitcoin Exchanges of this type include Shapeshift, Simplex, and Changelly.

Peer-to-peer bitcoin exchange

Peer-to-peer Bitcoin exchanges facilitate the buying and selling of legacy coins between individuals. Unlike centralized and decentralized exchanges that manage trades through an order book, peer-to-peer platforms have public listings. You create a listing detailing how much Bitcoin you want to buy or sell and the price. You may also add location and preferred payment method. A buyer or seller interested in the transaction can contact you directly for negotiations and sealing the deal. Examples of peer-to-peer Bitcoin exchanges are LocalBitcoins, Paxful, and BitValve.

What to Look for When Choosing a Bitcoin Exchange

Security: You have to look at the best Bitcoin exchange’s commitment to the safety of their platform and your funds. Take note of the number and effectiveness of security features placed around the exchange and your user account. It will also help if they have some form of insurance.

Transaction processing speeds: Your preferred Bitcoin exchange should also guarantee speedy transaction processing.

Reputation: When vetting the reputation of the best Bitcoin exchange, especially for beginners, you are essentially looking at their customer support. How accessible and responsive is the exchange’s support team? Are their answers qualified? and whether they are familiar with the company’s products and services.

Bitcoin liquidity: Low liquidity means low Bitcoin trading volumes. When trading on platforms with inferior liquidity, your trades remain unfulfilled for longer and vice versa.

Trading fees: Trading fees can eat into Bitcoin trading profits, especially if you are an active day trader. Therefore, you will want to only buy or sell crypto on a Bitcoin exchange with the lowest transaction fees and other overheads.

1. eToro – Best for Beginners

Available Coins: 20+
Margin Trading: YES
Minimum Deposit: $200
Visit eToro

Capital At Risk

The eToro social trading platform sets itself apart as one of the best bitcoin exchanges for beginners with its social and copy trading features. It is a centralized bitcoin exchange that ranks highly on most Bitcoin exchange comparison lists. It also boasts a solid reputation of reliability and trustability. eToro is also an all-in-one solution brand in that it provides platform users with a trading platform and a free custodial wallet for storing their coins.

Bitcoin traders in the UK wishing to use the platform can, however, only trade real Bitcoin after the FCA ban the sale of crypto-derivatives to retail investors at the end of 2020. The broker is also regulated by the Cyprus Securities & Exchange Commission (CySEC) and the Australian Securities and Investments Commission. Other factors that make eToro one of the best Bitcoin trading platforms include the fact that it is highly regulated, is deeply liquid and stocks a wide range of trading tools. We discuss these in detail below.

eToro Pros & Cons


  • Margin trade bitcoins: when trading Bitcoin CFDs on the platform, you can leverage up to 2X your trading equity.
  • Commission-free trades: eToro does not impose a brokerage commission on Bitcoin CFDs traded on its platform.
  • Multiple payment methods: eToro has come up with a multiplatform Bitcoin trading exchange. You can therefore buy Bitcoin CFDs on their desktop app or the mobile trading app.
  • Social trading: Social trading is eToro’s proprietary trading tool that allows its platform users to interact with one another, share ideas, and even copy each other’s Bitcoin trading settings.
  • You can buy real Bitcoin or trade Bitcoin CFDs: The biggest upside of eToro is that you can buy real Bitcoins as well as trade Bitcoin CFDs with 1:2  leverage on the platform.
  • A good number of bitcoin crosses: eToro users can exchange Bitcoin with twelve other fiat currencies, cryptocurrencies, and commodities, as follows: BTCUSD, BTCEUR, BTCGBP, BTCAUD, BTCCHF, BTCJPY, BTCNZD, BTCCAD,  ETHBTC, BTCEOS, BTCXLM & GoldBTC.
  • Good customer support: eToro maintains a relatively good customer support team that can receive your requests as tickets or through their social media platform. If you are a member of the eToro club program, you can also get access to live chat, calls & a personal account manager.


  • Relatively high trading fees: eToro charges a spread

Check out our comprehensive eToro guide 2024 to learn more.

Exchange Features

Social trading tools

Through the social trading feature, beginner bitcoin traders on the platform can earn while learning. The social trading aspect of the tool makes it possible for them to interact with pro traders and connect with mentors on the platform. On the other hand, the copy trading aspect makes it possible for them to copy the bitcoin trade settings of expert traders.

Highly advanced trading tools and features

eToro features highly advanced Bitcoin trading and analysis tools. These include such technical indicators as pro charts, trading sentiments, real-time bitcoin and crypto world news and events as well as volume indicators.

Multi-trading platform

eToro is a multi-trading platform. It is available both as a web-based trader and a mobile trading app. Both integrate Bitcoin charts and an equal number of trading tools and indicators.

eToro wallet

eToro is also considered an all-in-one solution. It not only features a highly advanced Bitcoin trading platform but also provides users with a free Bitcoin wallet – the eToro Wallet.

Highly secure and insured

In the UK, the eToro trading platform is managed by eToro (UK) LTD and regulated by the FCA. The FSCS also ensures its client’s deposits of up to £85,000. Further, eToro recently insured all UK customer accounts with covers of up to £1 million with Lloyds of London for free.

Bitcoin trading on eToro

eToro users in the UK can only trade Bitcoin CFDs on the exchange. You, therefore, do not get to own the asset or its private key. The upside to this is that you do not have to worry about losing your digital asset to hackers or malicious software. Secondly, you do not need a huge capital investment as you can take advantage of the 1:2 leverage provided by the broker exchange. Additionally, trading Bitcoin CFDs on eToro allows you to earn from bullish and bearish bitcoin trends by going long or short on Bitcoin trades.

Currently, you can trade Bitcoin against twelve other financial instruments on the eToro platform. Interestingly, eToro is the only platform that allows you to trade Bitcoin against commodity CFDs. The broker also offers leverage and margin trading for cryptocurrencies for customers outside the UK.

You are also free to invest in the best-performing Bitcoin portfolios created by expert traders on the platform. You can use the numerous technical indicators provided by eToro to analyze the Bitcoin market and make informed trading decisions. We must, however, mention that the broker exchange lays little emphasis on fundamental analysis tools.

Here is the step-by-step guide on how to trade Bitcoin on the platform:

How to Buy or Exchange Bitcoins On eToro

1: Start by opening the on your browser or downloading the eToro app.

2: Create a user account (Note that you will be required to verify your identity before you can be allowed to deposit cash or execute your first trade on the platform)

Register at eToro

3: After creating the account, log in to access your user dashboard

4: Make a deposit using the “Deposit Funds” link on the user dashboard

Deposit Money at eToro

5: Click on the “Trade Markets” tab on the user dashboard and chose “Crypto” and then Bitcoin to start trading

6: Choose your preferred Bitcoin trading pair from the list of crypto-commodity, crypto-crypto, and crypto-currency crosses provided.

Choose Pairs

7: Click on the Buy or Sell option to start trading. You will be redirected to the trading page that allows you to set such trade specifics as amounts, stop loss, take profit, and preferred leverage.

Buy & Sell on eToro


Choose to invest in copy portfolios that include Bitcoins. These can be Top trader copy portfolios, Market copy portfolios, or partner copy portfolios

Bitcoin Trading Fees on eToro

eToro imposes a spread on all Bitcoin trades. Currently, this spread starts at 0.75% of the transaction amounts. And though they don’t charge commission fees, one may consider the spread uncompetitive compared to the relatively low fees charged by other equally popular exchanges.

Payment methods on eToro

eToro is hailed for integrating the broadest range of payment methods. These include:

  • Credit and debit card
  • Bank transfer
  • PayPal
  • Skrill
  • Neteller
  • Trusty online banking
  • iDEAL
  • Sofort banking

Note, however, that while you can deposit into your account using virtually any currency, eToro has its base currency as USD. Your deposits in any other currency will, therefore, be converted into USD. eToro doesn’t charge a deposit fee, but currency conversion fees are variable and start from 50 pips.

The minimum deposit amount on eToro is $200, while the minimum withdrawal is set at $30. A $4 fee is also charged for all withdrawals, and though eToro claims to process requests within 48 hours, it will take the funds between 5 and 7 days to reflect on your account.

How to Fund Your eToro Account with a Credit card

1: Start by logging in to your eToro account.

2: Click on the “Deposit Funds” tab on the user dashboard.

3: On the deposit funds page, enter the amount you want to deposit, your preferred currency, and payment method

How to fund your eToro account with a credit card

4: Click on the “Deposit” icon to authorize the deposit

How to Withdraw Funds From eToro

1: Start by logging in to your eToro account

2: On the user dashboard, click on the “Withdraw Funds” tab

3: On the withdraw page, enter the amount you wish to draw from the account

How to withdraw funds from eToro

4: Click “Submit” to authorize the transfer

5: eToro will notify you when your withdrawal is processed via email. (You may cancel withdrawals “Under Review” by clicking on the “reverse” icon.

Is eToro safe?

Yes, eToro has put in place several security safeguards around both their web trader and mobile app. It starts by ensuring that all its clients verify their identity bypassing the KYC and AML vetting before they are allowed to trade. Each eToro user account must also be secured with a unique password. Plus, you have the option of activating the two-factor authentication that will enable you to receive codes via email or phone number.

Since the broker exchange is regulated and licensed by the FCA, your trading account is insured by the FSCS – up to £85,000. And should the exchange go down, every platform user is insured with Lloyds of London- for up to £1 million. The broker is also regulated by other top-tier financial authorities; CySEC and ASIC.

Customer Support

eToro runs a relatively sluggish customer support department. There are limited methods of accessing the company’s support team. Regular users can only contact the team (even for emergency cases) by raising a support ticket or directly messaging them on their social media platforms. Phone support and live chat are preserved for the eToro Club program subscribers. And even here, you still have to book for a live chat or phone support session that is often more than seven days away. 

They nevertheless maintain a highly elaborate help centre with a knowledge base. Here you get to interact with their FAQs page available on the mobile app and company website. It explains most of the common queries faced by eToro platform users and outlines the common troubleshooting guides.

2. Coinbase – Best for Professional Traders

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Coinbase

Capital At Risk

Coinbase launched in 2012 as a bitcoin-only exchange and was among the earliest crypto exchanges ever established. Over the years, it onboarded more cryptocurrencies and worked on its platform to make one of the world’s best bitcoin exchanges. The exchange was also among the earliest to chase after regulation and licensing from different financial regulatory agencies.

Today, Coinbase ranks highly on the Bitcoin exchange comparison list for one of the most reputable, highly regulated, deeply liquid, and innovative bitcoin trading platforms. On the website, for instance, Coinbase PRO – the professional trading arm of Coinbase – is ranked as the third among the crypto spot exchanges with the highest trading volume.  It then takes the 12th position on the rankings for the most liquid exchange.

Coinbase Pros & Cons

Pros of Coinbase

  • Highly liquid trading platform
  • Highly secure bitcoin trading platform
  • Friendly interface
  • Low minimum trade requirement

Cons of Coinbase

  • No ownership of Bitcoin private key
  • Complicated bitcoin trading fee structure
  • Limited Bitcoin trading options
  • Low withdrawal limits


  • Highly-liquid platform: Coinbase pro ranks highly among spot exchanges with the highest trading volumes. And with most of the leaders on the list being accused of manipulating trade volumes, Coinbase may as well be among the top five most liquid bitcoin exchanges.
  • Highly secure: Coinbase has embraced highly effective security measures around its exchange. These include a custodial wallet, multi-factor authentication, and even insuring client deposits.
  • Friendly user interface: Coinbase has a rather simplistic, clean, and easily navigable user interface. It is easy to interact with both beginner and experienced bitcoin traders.
  • Low minimum trades: Coinbase allows its platform users in the UK to trade as low as $2 worth of Bitcoins.


  • No ownership of bitcoin private keys: Bitcoins traded on the Coinbase exchange are stored in the custodial Coinbase wallet. You don’t get to own the private keys. The upside to this is that you don’t have to invest in a bitcoin wallet. The downside, on the other hand, is that it denies you total control of your assets.
  • High Bitcoin trading fees: Bitcoin trading fees on Coinbase can be considered high as they start from 0.50% of the trading equity. You have to join Coinbase PRO to enjoy trading fee discounts.
  • Limited trading options for new users: Beginner traders using Coinbase can only buy and sell Bitcoins. You need to join Coinbase PRO if you wish to interact with more Bitcoin crosses.
  • Relatively low withdrawal limits: Even with a verified Bitcoin trading account, you can only withdraw a maximum of $2,000 every 24 hours. This limit may be considered relatively low for active professional traders.

Find out everything you need to know about Coinbase in our comprehensive Coinbase review 2024.

Coinbase Features

Cross-platform trader: Coinbase exchange is available both as a web and as a mobile app trader. These are then divided into Coinbase – designed with the beginner trader in mind – and Coinbase PRO – designed with expert Bitcoin traders in mind. You, however, don’t need separate user profiles for each. You can easily switch from Coinbase regular to PRO within the web trader or mobile app.

Coinbase Vault: Upon creating a user account and verifying your identity with Coinbase, you will be presented with a free custodial wallet. Custodial implies that the bitcoins and any other digital assets you buy on the platform will be held here. You, therefore, won’t get to own your Bitcoin private keys. Nevertheless, you are assured that 98% of the amounts held by Coinbase are stored in secure offline vaults, plus your deposits are insured by the FSCS.

Integrates highly advanced technical trading tools: As we have already mentioned, Coinbase is designed with the beginner Bitcoin trader in mind and therefore integrates limited trading tools and indicators. Coinbase PRO, on the other hand, is designed to suit the expert trader and integrates a wide range of highly advanced trading tools and technical indicators.

Highly reputable: Coinbase is considered the best bitcoin exchange and the most reputable crypto trading platform because of its transparency and regulation. It was among the first Bitcoin exchanges to embrace regulation and licensing by finance industry regulators. And this explains why it is regulated in virtually every country it operates. For instance, Coinbase is regulated by the FCA in the UK and CySEC in Europe. In the US, it is regulated by the SEC and FinCEN. This, plus the fact that it has never been hacked or accused of gross violations like manipulating trade volumes has earned the trust of over 35 million users across the world.

Coinbase PRO: In 2014, Coinbase launched Coinbase PRO – a highly advanced crypto exchange – designed for expert bitcoin traders. It has fewer trading guides but is rich in trading and analysis tools, hosts more bitcoin crosses, maintains lower bitcoin trading fees, and has faster transaction processing speeds.

Bitcoin Trading on Coinbase

Coinbase is an all-in-one solution to bitcoin trading as it presents you with a platform where you can buy, sell, and store bitcoins. Recent technological innovations on the platform have also made it possible for Coinbase wallet users to pay for goods and services or even donate Bitcoins using the platform. The unique aspect of Bitcoin trading on Coinbase is that the platform is divided into Coinbase and Coinbase PRO.

Coinbase is considered the friendlier interface and is available to everyone. Buying, selling, and converting crypto on the platform is relatively easy and straightforward. It also features more educational content and trading guides that appeal to beginner traders. Coinbase PRO, on the other hand, is designed to serve individual but experienced crypto traders. And though it also has a highly intuitive interface, it integrated more and highly advanced trading tools and indicators while paying less attention to user education. It features order books, pro charting tools, market analysis tools, and risk management tools. And they are all aimed at helping you better understand the Bitcoin market and make informed buy/sell decisions.

The primary difference between trading bitcoins on either platform is that Coinbase has limited bitcoin trading options – it can only be traded against fiat currencies. The transaction charge is also considerably high. Coinbase PRO, on the other hand, features more Bitcoin trading pairs. You get to trade it against both fiat and cryptocurrencies. The Maker taker fee charged for Bitcoin trades here is also competitive.

How to buy Bitcoins on the Coinbase PRO

1: Start by accessing the Coinbase pro website on your browser or downloading the Coinbase PRO.

2: Click on the “Get Started” icon on the top-right corner of the site to start creating your user account.

How to buy Bitcoins on the Coinbase PRO

3: Complete the account creation process by providing the Bitcoin exchange with your details and verifying your identity

4: Click on the “Trade” icon on the top left-hand corner of the user dashboard

How to buy Bitcoins on the Coinbase PRO

5: Click on the “Select Market” tab on the left-hand column of the dashboard and search for BTC on the ensuing search bar

6: From the list of all the Bitcoin trading pairs supported by Coinbase PRO, select the pair you wish to trade

How to buy Bitcoins on the Coinbase PRO

7: Adjust the trade settings on the order form by deciding if you to buy or sell, whether to place a market or limit order, set the stop loss, enter the trading amounts and click on the “Place buy/sell order” tab

Bitcoin Trading Fees and Buying Limits

How much you pay for trading Bitcoins on Coinbase will largely depend on whether you are using Coinbase or Coinbase PRO. Note, however, that the fee structure for both platforms is graduated and pegged to the trade volume. The bitcoin trading fee will also be influenced by the payment method used to fund the account.

Bitcoin trading fees of Coinbase:

  • If your Bitcoins trade is less or equal to $10, the fee is $0.99
  • When the Bitcoin trade is more than $10 but less or equal to $25, the fee is $1.49
  • If the Bitcoin trade is more than $25 but less or equal to $50, the fee is $1.99
  • If the Bitcoin trade is more than $50 but less or equal to $200, the fee jumps to $2.99

The bitcoin trading fees guidelines depending on the preferred payment method:

Coinbase wallet1.49%
Debit/credit card3.99%
Wire transfer (SEPA)Free (in)/ €0.15 (out)
Coinbase cardUp to 2% (minimum $0.55)
Faster PaymentsFree

Your bitcoin trading fee on Coinbase regular will, therefore, be the higher of these two. For instance, if you bought Bitcoins for $200 and funded the trade with a debit or credit card, the transaction fee for the trade will be $7.98 (the highest of 3.99% and $2.99).

The Bitcoin trading fees on Coinbase pro are more straightforward and considerably lower than the transaction fees changed on Coinbase regular. These are:

Bitcoin trading fees of Coinbase

Payment Methods at Coinbase

Coinbase is quite versatile and supports a wide range of payment methods. These include:

  • Bank wire transfer
  • Credit/debit card
  • PayPal
  • SEPA transfer
  • Instant card (withdrawals only)

Note: Coinbase allows you to deposit either GBP or EUR into your Coinbase wallet without incurring currency conversion costs.

How to Fund Your Coinbase Exchange Account Using Debit or Credit Card

1: Log in to your Coinbase user account

2: Click on your profile icon and select “Settings.”

3: Click on the “Payment Methods” page and select “Link New Account.”

4: Choose “Debit/Credit Card”

5: Complete the card information page by entering the requested information and click on “Add Card.”

6: You will receive a confirmation that says, “Credit Card added.” You can now use it to buy/sell Bitcoins at any time

Note: You first need to ensure that your debit or Credit card supports the “3D secure” payment method. Contact your bank or card provider for confirmation or activation.

How to Withdraw Funds From Coinbase Exchange to a Bank account

1: Start by logging in to your Coinbase user account.

2: Click on the “Portfolio” tab from the main menu at the top of the user dashboard.

3: From the GBP wallet, click on the “Withdraw” button

How to withdraw funds from Coinbase exchange to a Bank account

4: If you have multiple bank accounts linked to the Coinbase wallet, select the bank account to withdraw to, and the withdrawal amounts

5: Confirm the withdrawal

Note: You can only withdraw funds to a bank account that you have previously used to deposit cash into your Coinbase wallet. Plus, it may take up to 3 days before the funds reflect in your bank account.

Is Coinbase Safe?

Coinbase is considered one of the safest Bitcoin exchanges as it has never been hacked. And while some of its wallet users may have reported incidences of losing Bitcoins and other digital assets through phishing attacks, its cold storage has never been breached. Ideally, Coinbase stores its client Bitcoins in cold wallets. Only 2% of client funds are available in hot wallets to facilitate day-to-day crypto transactions.

But these aren’t the only security safeguards put in place by Coinbase. Others include enabling two-factor authentication for their client accounts. These are also secured with strong passwords, and users can view and delink devices with access to their Coinbase account from the settings page. Additionally, Coinbase user accounts are insured. You will be compensated if Coinbase crypto vaults are breached and your funds compromised.

Customer Support

The Coinbase website features a content-rich help centre designed to serve both Coinbase regular and Coinbase PRO clients. Here, you get to interact with a lot of educative content and user guides that provide a step-by-step breakdown of how to interact with key Coinbase services. There also are numerous troubleshooting guides addressing common challenges faced by exchange users.

In addition to the guides, there are three primary ways of contacting the Coinbase customer support team. You can raise a support ticket on their contact us page for email support. You can also direct message them on Twitter and Facebook or simply call their UK customer support team for emergency cases.




Phone number (UK): 0808 168 4635

3. Kraken – Best for Low Fees

Available Coins: 50+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Kraken

Capital At Risk

Three key features that help make Kraken one of the best Bitcoin exchanges UK – are the incredibly low trading fees, advanced trading platform, and transparency. Here, Bitcoin trading fees start from $0, especially for active high-volume traders. The exchange has also come up with the most sophisticated yet intuitive interface that appeals to every class of Bitcoin traders.

More importantly, we appreciate Kraken’s commitment to transparent crypto operations – in an age where most exchanges are involved in shady dealings like trade volume manipulations. Kraken has opened up its books to crypto auditors and became the first Bitcoin exchange to conduct a proof of reserve audit. The audit was in line with the exchange’s push for the self-regulated crypto industry.

Today, the exchange has its headquarters in San Francisco, California, USA. It is among the oldest and most reputable Bitcoin trading platforms in the world. Here is what you need to know about Bitcoin trading on Kraken.

Kraken Pros & Cons

Kraken Pros

  • Highly liquid Bitcoin exchange
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure

Kraken Cons

  • Complex user interface
  • Sluggish customer support
  • Arbitrary closure of trader accounts
  • No bitcoin wallet services


  • Highly liquid exchange: website ranks Kraken as the fourth most liquid crypto exchange. This is made possible by their global footprint that guarantees speedy fulfilment of your bitcoin orders – regardless of the order size. They even have a dark pool for the transacting of large orders without necessarily going through the market and order books.
  • Most transparent exchange: Kraken exchange developers learned a lot from the fall of the Mt. Gox exchange. And the most critical lesson from this experience was creating not just a safer but more transparent exchange. And they achieve this by commissioning regular security and operational audits from third-party crypto-security firms.
  • Competitive fees: Bitcoin trading fees on the platform are graduated and volume-based. Low-volume traders get to enjoy highly competitive maker-taker fees, while high-volume traders don’t pay any trading fee at all.
  • Highly secure: Kraken has embraced numerous advanced security safeguards around the platform. And their effectiveness is evidenced by the fact that the exchange has never been hacked.


  • Complex trading interface: Though rich in trading tools, indicators, and trading guides, one may consider the Kraken exchange too sophisticated for a bitcoin beginner.
  • Sluggish customer support: Kraken doesn’t maintain the most responsive customer support team. Most of its clients online have complained of sluggish support that goes for days without responding to urgent queries.
  • Arbitrary account closure: Kraken has also been accused of closing trader accounts arbitrarily. However, the exchange refutes this and claims to only close accounts that violate their terms and conditions.
  • No wallet services: Unlike some of the best bitcoin exchanges around, Kraken does not offer wallet services. You can deposit funds into your user account for active trading but you cannot use the Kraken account as your personal crypto wallet.

Kraken Features

Three-tier bitcoin exchange

There are three types of Kaken exchange users – Starter level, Intermediate level, and PRO level. The only difference is the extent to which their users have verified their identities. Starter-level users have just signed up and provided personal details such as name and address but haven’t submitted ID for verification or answered the KYC/AML questionnaires.  The intermediate-level traders, on the other hand, have verified their identity by submitting a government-issued ID and proof of address but haven’t completed the KYC/AML questionnaire.

PRO-level traders are Kraken users that have completed all the registration and identity verification requirements. Starter and intermediate-level clients have access to limited exchange features like low deposit/withdrawal limits. They also have lower API call rate limits and cannot access the business account or dark pool.


The Kraken Bitcoin exchange is available both as a web-trading platform and a mobile app. Both are quite sophisticated and integrate almost similar features, especially trading tools, market indicators, and the number of trading pairs. The difference between the Kraken mobile app and most other Mobile trading crypto exchanges lies in the account creation process. While mobile app exchanges require you to create an account, the Kraken app requires you to create an API. You can then integrate the app with the web trading platform. This, in turn, makes it possible for you to monitor trades opened on the web via the mobile app while on the move.

Widest range of crypto-related services

Kraken provides its clients with the broadest range of crypto-related services. These include a brokerage that gives you access to Bitcoin/crypto investments. It features the OTC centers for one-on-one trading between high-volume traders where trades exceed $100k. It has a dark pool that lets you trade large orders anonymously and without listing them on the order book. Plus, the exchange recently introduced off-chain Bitcoin staking for all its platform users.

Margin and futures trading

Qualified platform users can trade Bitcoin with leverages of up to 5X of their trading equity. A select high net worth Bitcoin traders are also able to access trade margins of up to $500,000. They have also introduced Bitcoin Futures that allow you to hedge bitcoin trading risks during periods of extreme volatility by trading futures contracts.


Cryptowatch is a unified market analysis platform. It is specially designed to help you monitor the price trends of your Bitcoin, portfolio, and other cryptocurrencies on different exchanges in real-time. It is primarily visual and features charts, graphs, volume indicators, and data flow trends. Also it is highly customizable and lets you create both price and volume alerts for different assets.

Bitcoin trading on Kraken

You can buy, sell, and exchange Bitcoin for other crypto and fiat currencies on the Kraken exchange. Further, you can choose to trade such Bitcoin derivatives as futures contracts and indices. Nevertheless, appreciate that right from the highly sophisticated trading interface to the host of integrated features, Kraken has its sight trained on expert and high net worth clients.

For instance, it gives them access to 5X leverages of up to 500,000 for trade. It also creates an Over-The-Counter (OTC) center for one on one trades and introduces the dark pool for off the records crypto transactions. Also it features more indicators and infuses more Bitcoin trading research and analysis tools than most other best bitcoin exchanges in Europe. To help you get started with the bitcoin trading platform, we break down the step-by-step guide on how to trade Bitcoins on the exchange below:

How to Buy or Sell Bitcoins on Kraken (Web)

1: Start by accessing the official Kraken website on your preferred browser.

2: Log in to your Kraken user account and click on the “Trade” tab on the user dashboard.

3: Select the Bitcoin pair you wish to trade

How to buy/sell Bitcoins on the Kraken exchange (Web)

4: You will be directed to the New Order page to adjust the trade settings. Decide if you wish to make a buy or sell order, set the trade amount, decide if you want to place a market or limit order, and hit the Buy icon

How to buy/sell Bitcoins on the Kraken exchange (Web)

5: You will now be directed to the order confirmation page to review the order details. If accurate, hit the “Submit Order” button

6: Your trade is now set and ready to execute on the Kraken exchange

Bitcoin Trading Fees

As we have already mentioned, Kraken maintains highly competitive Bitcoin trading fees. Some of its Bitcoin-related services like staking or transferring funds to/from futures wallets are free. The only Bitcoin trading fees that you have to deal with on Kraken are the Maker-Taker fees for placing an order on the exchange, as well as margin opening and rollover fees.

Maker Taker Fees on Kraken

Maker taker fees on Kraken

However, note that with the privilege of anonymous trades on Kraken’s dark poo comes higher fees and standard Maker-Taker fees. The Bitcoin trading fees on Kraken’s dark pool are:

Margin opening and rollover fees for Bitcoin on Kraken:

Maker taker fees on Kraken

Kraken Payment methods

Kraken is considerably limited in the number of payment methods supported by the exchange. Kraken platform users in the UK, for instance, can only fund their accounts via:

  • Cryptocurrency transfers
  • Bank wire

How to Fund Your Kraken Exchange Account

1: Start by logging in to your Kraken user account

2: Click on the “Funding” tab from the main menu atop the dashboard

3: From the list of fiat currencies supported by the platform outlined under the “Account balances” section, select the currency you want to use and click “deposit.”

How to fund your Kraken exchange account

4: Follow the instructions to complete the deposit

Note: Kraken currently supports up to six international fiat currencies (CAD, JPY, USD, EUR, USD, and CHF). You can only deposit fiat balances after you have verified your identity. Plus, there is no limit to how much crypto you can deposit into your Kraken account. Fiat deposits are, however, capped at $100k and $10 million every 24 hours, as well as $550k and $100 million every 30 days for intermediate and PRO-level traders, respectively.

How to Withdraw Funds From Kraken Exchange to the Bank Account

1: Start by logging into your Kraken account.

2: Click on the “Funding” tab from the main menu atop the dashboard.

3: From the list of fiat currencies supported by the platform outlined under the “Account balances” section, select the currency you want to use and click “Withdraw.”

4: On the Funding Provider page, click on the withdrawal method tab and select your preferred method from the drop-down menu

5: If you had not added a bank account, click on the “Add Account” option and proceed to enter your bank account details

6: Once added, repeat steps 2, 3, and 4 and chose the added bank details to request a withdrawal

Note: Only add a bank account whose details match your Kraken account details

Is Kraken safe?

Yes, Kraken is wholly committed to the safety of its platforms and the entire crypto industry. Its founders are also actively campaigning for the self-regulation of the Crypto industry. They have led this path by ensuring that though they do not offer wallet services, their reserves are always enough to repay users should their platform be hacked.

Additionally, Kraken maintains 95% of its client deposits in cold storage. Further, it respects client privacy by only recording the sender and receiver’s addresses. It doesn’t carry out further chain analysis – unlike such other exchanges as Coinbase. More importantly, it encourages users to create strong multi-character passwords for their user accounts and activate two-factor authentication.

Customer Support

Though Kraken has been accused of maintaining a rather sophisticated and not-so beginner-friendly trading terminal, it is rich in educational content. It has a section of its website, “LEARN” dedicated to educating users on everything crypto. It features the Crypto 101 guide by Kraken CEO Jesse Powell, detailed guides about cryptos and Bitcoins, crypto security guides, and regular webinars. Kraken customer support also extends to their help centre, where they feature answers to numerous FAQs, detailed explanations on how to interact with the exchange, and troubleshooting guides.

You can reach out to their customer support team by requesting a callback or live chat on the website and on social media platforms.




4. BitPanda – Best for Bitcoin Trading Automation

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Bitpanda

Capital At Risk

Bitpanda launched in Vienna, Austria, in 2014 and has over the years grown to become one of the best bitcoin exchanges in Europe. It is one of the fastest-growing bitcoin trading platforms in Europe and has even been feted for its innovativeness. Bitpanda started as a Bitcoin-only trading platform but has, over the years, integrated more digital assets.

It has also introduced a host of bitcoin and crypto services, including the Bitpanda Swap, savings, and Index. The exchange has leveraged technology in coming with a wholly automated platform that makes Bitcoin trading as straightforward and effortless as possible. Recently, Bitpanda introduced Bitpanda PRO exchange that is specially designed to serve expert Bitcoin traders.

Bitpanda Pros & Cons

Bitpanda Pros

  • Fully automated bitcoin trading platform
  • Beginner-friendly
  • Supports a wide range of payment methods
  • Fast transaction processing

Bitpanda Cons

  • A limited number of Bitcoin crosses
  • Charges deposit and withdrawal fees
  • Full services only available in Europe
  • Low deposit/withdrawal limits


  • Fully automated exchange: Bitpanda is one of the few best bitcoin exchanges in the UK to have fully automated their exchange services. This allows you to automate virtually every aspect of Bitcoin trading on the platform. From setting up multiple price alerts to automating the order system for entering and closing Bitcoin trades.
  • Beginner-friendly: Bitpanda is available in both the basic and PRO trader versions, and both are considerably beginner-friendly. They both feature highly intuitive interfaces. Plus, the process of buying and selling Bitcoins on either platform is relatively straightforward.
  • Supports many payment methods: Bitpanda supports close to 10 payment methods – making the most versatile platform among the best Bitcoin exchanges for beginners.
  • Fast transaction processing: In 2016, Bitpanda was awarded the Best Fin-Tech Startup award in Europe. This was an appreciation of its innovativeness and ability to leverage technology in coming with the most advanced bitcoin exchange with the fastest processing speeds.


  • Limited bitcoin crosses: There are limited Bitcoin trading crosses on both Bitpanda regular and Bitpanda PRO. Today, for instance, you can only trade bitcoins against six other crypto and fiat currencies on Bitpanda.
  • Charges deposit and withdrawal fees: Bitpanda is one of the few Bitcoin exchanges and wallets that charge deposit and withdrawal fees. They, however, discount larger deposits, which can be interpreted as a move to only draw in big spenders.
  • Full services only available in Europe: Bitcoin traders in the UK and Europe can interact with Bitpanda’s complete catalogue of services. Platform users outside Europe, however, can only sell bitcoins on the platform. This discourages individuals from joining the platform and injecting liquidity.
  • Low deposit and withdrawal limits: Bitpanda maintains relatively low deposit, trading, and withdrawal limits. Verified users can, for instance, only deposit €2,500 in 24 hours.

Check out our detailed Bitpanda review 2024 to learn everything you need to know about the exchange.

Exchange features

Bitpanda PRO

Bitpanda recently introduced Bitpanda PRO – the professional trading wing of the Austria-based exchange. PRO’s key features will include the integration of technical and fundamental trading and analysis tools and indicators.

Full feature mobile app

Bitpanda runs the full feature Bitpanda mobile app designed to help you trade and monitor the markets while on the move. The app mirrors the Bitpanda web trading platform and integrates most of the trading tools, analytics, and even the number of supported Bitcoin pairs.

Bitpanda crypto index

Bitpanda recently introduced the Bitpanda Crypto index. It is the first cryptocurrency index of its kind in the world and the first regulated investment product from the company. It simplifies crypto diversification by making it possible for you to invest in Bitcoin alongside the top five, ten, or twenty digital currencies. The criteria of using the coins to wrap around the crypto index may be based on their trading volumes, market capitalization, profitability, and much more.

Bitpanda Savings

The Bitpanda savings plan is designed to help the exchange users create a plan for accumulating Bitcoin or any other crypto asset. It involves deciding on the number of Bitcoins you wish to buy on a regular basis and the source of funds. The exchange will automate the savings plan by automatically buying the crypto asset at the specified time. There is no limit to the number of saving plans you can set up or the number of Bitcoins you can buy.

Bitpanda Swap

The Bitpanda Swap service, on the other hand, allows you to swap one crypto for another instantaneously. It makes it possible for you to convert your Bitcoin balance into virtually any other supported crypto asset and vice versa in a simple and highly secure manner. And unlike Bitcoin deposits or withdrawals, there is no limit to the number of Bitcoins you can convert into any other currency.

Other Bitpanda services

Bitpanda is regularly integrating more innovative crypto services on its platform. Some of the most impactful include Bitpanda pay, Bitpanda Plus, and Bitpanda Affiliate. Bitpanda Pay allows you to spend your Bitpanda wallet balance by paying bills like rent, shopping, and even transferring cash to any IBAN in the European Union. Also, Bitpanda Affiliate allows you to earn up to 20% of the revenues your referrals to the exchange generate. Bitpanda Plus can, on the other hand, be viewed as the exchange’s elite program for high net worth clients. To join the Plus program, you must earn a minimum of €150,000 per annum or have €150,000 in savings, have been a Bitpanda exchange user since 2014, or have made at least one €100,000 deposit since joining Bitpanda. Its members get to benefit from exclusive support from Bitpanda account managers as well as higher trading and deposit limits.

Bitcoin trading on Bitpanda

Bitpanda exchange provides you with a highly digitized platform where you can buy, sell, exchange, and even convert bitcoins with/to other fiat and cryptocurrencies. And you only have to start Bitcoin trading here by creating a user account and verifying your identity if you hope to unlock higher trade limits. For the longest time, Bitpanda – which started as a Bitcoin-only platform – only hosted the regular platform. But like most other platforms on our list of the best crypto exchanges 2021, they recently introduced the Bitpanda PRO – dedicated to elite crypto traders. Both platforms, however, remain highly intuitive and quite beginner-friendly. Here is the step-by-step process of buying and selling Bitcoins on the platform.

How to buy/sell Bitcoins on Bitpanda PRO

1: Start by accessing the official Bitpanda website and creating a user account.

How to buy/sell Bitcoins on Bitpanda PRO

2: Verify your identity and fund your account

3:  Access the Bitpanda PRO user dashboard and clock on the “markets” tab on the upper left corner of the web page

How to buy/sell Bitcoins on Bitpanda PRO

4: From the drop-down menu outline of the different supported crypto crosses, select the Bitcoin pair you wish to trade

5: You will be redirected to the trading page where you can adjust the trade settings by deciding if you want to buy or sell, setting the trade amounts, and choosing to enter into a limit or market order

How to buy/sell Bitcoins on Bitpanda PRO

6: Confirm that the trade details and click trade.

Bitcoin Trading Fees on Bitpanda

Bitpanda stands out from all the other bitcoin exchanges reviewed here because it is the only trading platform to impose fixed Bitcoin trading fees. Here, bitcoin and other crypto buyers pay 1.49% while sellers pay 1.29% in transaction fees.

Payment Methods

We have already mentioned that Bitpanda’s other unique feature is its support for the broadest range of payment methods. These include:

  • Debit and credit cards
  • SEPA transfers
  • Skrill
  • Paypal
  • Neteller
  • Bank transfer
  • GiroPay
  • iDEAL
  • SOFORT transfer
  • EPS

How To Fund Your Bitpanda Account Using a Credit or a Debit Card (Web)

1: Start by logging into your Bitpanda account.

2: Click on your user icon on the dashboard and from the drop-down menu, select “Deposit.”

How to fund your Bitpanda account using a credit/debit card (web)

3: Select the type of currency your wish to deposit

4: On the “Deposit method” section, select credit/debit card

5: Enter the amount of cash you want to deposit and the card details

6: Check that these details are correct before authorizing the deposit

Note: The maximum you can deposit via card to a Bitpanda account is €2,500 in 24hrs and €5 million in 30 days. For crypto transfers, the minimum Bitcoins you can transfer is 0.001BTC. Deposits above 0.05BTC are free but any amount below this threshold will incur a fixed charge of 0.0001BTC. 

How to Withdraw Funds From Bitpanda Exchange (Web)

1: Start by logging in to your Bitpanda user account and on the user dashboard, click on your user icon.

2: On the drop-down menu, select the fiat wallet from whence you want to draw funds and click “withdraw.”

How to withdraw funds from Bitpanda exchange (Web)

3: Select the payout account. (You will be required to set one up if you haven’t already)

4: Enter the amount of cash you want to withdraw and click on the “Go To Summary” icon

5: Check that the transaction details are okay and click “Confirm.”

6: Check your wallet for the confirmation, email and click on the “Confirm Transaction” icon in the email to authorize the transfer

Note: Bitpanda does not support withdrawals to debit or credit cards and most other digital wallets. You are advised to withdraw to a bank. Bitcoin transfers from the Bitpanda wallet to a third-party wallet also incur a 0.00049910 BTC transaction fee.

Is Bitpanda Safe?

Yes, Bitpanda exchange integrates several highly effective security protocols aimed at keeping the platform safe. And it all starts with verifying all its platform users’ identities to weed out crypto scammers and curb fraud within its ecosystem. It also provides users with a free and highly secure Bitcoin wallet for storing their digital assets.

The withdrawal limits, though expensive for verified users and Bitpanda Plus program members, can also be considered a security measure as it would reduce the impact of loss in case of a wallet breach. Bitpanda Plus users are also free to delink and ban some payment methods from depositing/withdrawing funds from their accounts. These are then enveloped by the strong password created when creating the account. Plus, the mandatory two-factor authentication for all withdrawals.

Customer support

There are several ways of getting assistance from Bitpanda. You can start by consulting their extensive help center that features a wide range of FAQs as well as how-to and troubleshooting guides. For more personalized queries, reach out to the Bitpanda customer support team by raising a support ticket, sending them an email, or direct-messaging them on the different social media platforms.





5. – Best for Exchange Mobile App

Available Coins: 25+
Margin Trading: No
Minimum Deposit: 1 $£€

Capital At Risk ranks highly on the Bitcoin exchange comparison tables for the most revolutionary Bitcoin exchanges of our time. It has leveraged technology to develop a feature-rich exchange that takes pride in deep liquidity, attractively low fees, and the fastest execution speeds. They also have the most advanced bitcoin-trading app that allows buying Bitcoin and numerous other digital currencies at “True Cost.”

It features virtually all the key features of the web trader, including the full-screen exchange, crypto trackers, and the ability to pay from your integrated MCO visa card. Both the app and web trader also provide you with an all-in-one Bitcoin solution that involves an exchange, Bitcoin wallet, and card. Pros and Cons Pros

  • All in one Bitcoin trading platform
  • Automated Bitcoin processes and fast speeds
  • Lets you earn or borrow against your Bitcoin deposit.
  • Advanced trading platform and tools Cons

  • You need to stake CRO tokens to unlock most app benefits.
  • Sluggish customer support
  • Not regulated or licensed to operate in the UK
  • Not transparent about Bitcoin trading fees


  • All-in-one platform: provides you with an all-in-one bitcoin trading solution. It provides you with an app, a fully-fledged exchange, and a free bitcoin wallet.
  • Automated processes and speedy processing: By leveraging technology, has been able to automate different aspects of Bitcoin trading like setting price alerts. This technology can also be attributed to the speedy bitcoin transaction processing reported by the platform.
  • Borrow against Bitcoin balances: runs a credit program that allows you to borrow funds from the account by having your bitcoin and other crypto balances serve as collateral.
  • Advanced trading platform: features a highly sophisticated and feature-rich exchange platform. It features customizable pro charts, hosts a wide range of bitcoin crosses, order books, and indicators.


  • Need to stake CRO tokens: You can only unlock most of’s attractive benefits by staking your CRO funds and acquiring their MCO Visa Card.
  • Sluggish support: Some users have complained of a sluggish customer support team where customer queries go unanswered for days.
  • Not regulated: Unlike most other best bitcoin exchanges featured here, is not regulated by the FCA or its client deposits insured by the FSCS.
  • Hazy about bitcoin trading fees: isn’t as forthcoming with information about their Bitcoin trading fees.

Our full review 2024 has more. Be sure to check it out. Features

Full feature mobile app maintains one of the most sophisticated and feature-rich mobile trading apps. It features an advanced bitcoin trading platform with a customizable exchange, supports a handful of payment methods, and has the broadest range of Bitcoin crosses. pro

In addition to the mobile app is the PRO trader hosted on the exchange’s website. The platform is a highly advanced yet easy-to-use user interface and is designed to serve professional traders on the platform.

Coin tracking

On the website, the main menu is the newly introduced “Prices” section. It lets you monitor the real-time price performance of Bitcoin and all other crypto and tokens supported by

Stake and earn

You can also stake Bitcoins and other digital assets via and stand to earn fixed interests. Cryptocurrencies earn you an interest of 6.5% per annum, while stable coins earn you up to 12% per annum. And if you invest more than 250,000 CRO tokens, you get an extra 2% in fixed interests. pay

The payment platform is a revolutionary service that lets you pay for goods and services using the Bitcoin balance in your wallet. The process of registering for pay as a merchant or user is relatively easy and straightforward.

Quant trading also claims to be one of the earliest adopters of quantitative (robotic) Bitcoin trading on their app and desktop exchange. Its trading bots are Artificially Intelligent and embrace machine learning in devising personalized trading strategies and run trades automatically – without human intervention.

Bitcoin Trading on

Bitcoin trading on either platform on either exchange involves buying or selling the digital currency with/for another crypto or fiat currency. The user-friendliness of both the app and PRO trading platform makes the buy/sell process easy and straightforward. You don’t need to be an experienced crypto trader to buy or sell on the platform. Beginner bitcoin traders using the exchange can always rely on the detailed guides on the platform’s website to learn how to trade and interact with services.

How to Buy/Sell Bitcoins on the app

1: Start by visiting the official to sign up for an account.

How to buy/sell Bitcoins on the app

2: Create a user account and verify your identity, and complete KYC/AML questionnaires

3: Fund your account

4: On the home page, click on the “Buy” icon, and from the list of supported cryptocurrencies, select Bitcoins.

How to buy/sell Bitcoins on the app

5: Select Fiat wallet as the preferred payment method

6: Enter the number of Bitcoins you wish to buy and hit the “Buy” button

 7: Confirm that the transaction details are correct and click on “Confirm.”

Bitcoin Trading Fees and Buying Limits maintains competitive Bitcoin trading fees that range from average to low. Some of its services, like sending crypto to an individual on your phone’s contact list via the “Pay Your Friends” feature, are free. The fee structure is, however, quite complicated as it involves a mix of fixed, highly discounted, and maker-taker charges.

Bitcoin trading fees on the app:

Purchasing crypto with credit or debit card – 3.5% + $0.10 fee

Spread for Bitcoin trading on the apps exchange – ranges from 0.08 – 0.20%

Bitcoin trading on PRO exchange:

Charges Maker-Taker fees  based on your 30-day trading volume, but these are then highly discounted depending on how much CRO you have staked on the exchange:


But if you stake 10,000-49,999 CRO tokens, you get to enjoy a 20% off the maker-taker fees. It’s 40% off if you stake between 50,000-99,999 CRO tokens and 60% off if you stake more than 100,000 CRO tokens.

Payment Methods supports a limited number of deposit and withdrawal methods, including:

  • Debit and credit cards
  • Direct bank transfer
  • Crypto transfers

The supported fiat currencies that you can deposit into the exchange are AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, USD, and ZAR.

How To Fund Your Account via Bank

1: Start by logging in to your app and tap on the “Home” button on the bottom left corner of the screen.

2: Click on “Fiat wallet.”

How to fund your account via Bank

3: On the next page, click on select the  “Transfer funds from your bank to buy crypto” option

4: Click on the “+ Set up new currency” button.

5: From the list of supported Fiat currencies, select the fiat currency that you wish to use when funding your account and agree to the exchange terms and conditions.

6: You will be provided with bank account info that you can use to transfer funds directly to the app through the SEPA network.

7: The app will notify you when the funds are available for use.

Note: Bank deposits into the app are free, but bank handling fees may apply. Crypto deposits to your wallet are also free.

How to Withdraw Funds From

1: Start by logging into your app and clicking on the “Home” button on the bottom left corner of the screen.

2: Click on the “Fiat Wallet” and select the “Transfer funds from your bank to buy crypto” option on the next page.

3: The app will display your account balance, click on the fiat currency you want to transfer, and select the “Withdraw” option

How to withdraw funds from

4: Confirm that the transaction details and click on the “Withdraw Now” button

5: Enter the amount of cash you wish to withdraw and the bank account to send the funds to

How to withdraw funds from

6: Confirm that the details are okay and click the “Withdraw Now” button to authorize the transfer

Note: Withdrawals to the bank from are free. But it may take between 5 and 7 days for the funds to reach your account. Bitcoin transfers to a third-party wallet will, however, attract a 0.0004BTC charge.

Is Safe? is not a regulated exchange, and so your funds aren’t insured by FSCS. But it embraces a host of security and safety measures aimed at keeping your digital assets safe. For instance, all your app deposits are insured with a $100 million cover and stored in ultra-secure offline vaults. It employs client-side encryption for outgoing traffic and allows you to set two-factor authentication for your accounts.

Customer support provides its clients with a number of ways that they can use to access help and assistance. These include a live chat option on both the app and website, support tickets for email correspondence, and direct messages on different social media platforms. But they are still quite sluggish in responding to client queries on all these platforms.





6. Binance – Best for Liquidity

Available Coins: 1500+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Binance

Capital At Risk

The Binance trading platform is one of the oldest and the most reputable Bitcoin trading platforms around. Binance is an industry leader on many fronts. For instance, it maintains some of the lowest bitcoin trading fees and presents users with some of the highest Bitcoin crosses.

It also allows for Bitcoin trading on more platforms than most other popular bitcoin exchanges in Europe. More importantly, its founders are amongst the most vocal prominent figures in the push for and embracing the regulation of the best Bitcoin exchanges. It is also one of the few Bitcoin trading platforms where you can buy and sell both actual Bitcoins and such derivatives like Bitcoin CFDs.

Binance Pros and Cons

Binance Pros

  • High liquidity
  • Maintains the most competitive Bitcoin trading fees
  • Multiple bitcoin trading options
  • Fastest transaction processing speeds

Binance Cons

  • No bitcoin to fiat exchange on the primary exchange
  • Not a beginner-friendly exchange
  • No phone support and delayed response on Live chat
  • No anonymous bitcoin trading


  • Deep liquidity: Binance is DODGY ON THE NUMBER OF ITS PLATFORM USERS ACROSS THE WORLD. However, we are confident that they are trusted by millions of both individual and enterprise active traders who provide the exchange with unlimited liquidity 24/7.
  • Competitive fees: Binance maintains the most competitive Bitcoin trading fees compared to all other equally popular and regulated exchanges. These start from 0.02% of the transaction volume.
  • Multiple trading options: Binance has integrated multiple methods of buying and selling Bitcoins on its platform – more than most other regulated crypto exchanges.
  • Fast transaction processing: Binance has leveraged technology and innovation in guaranteeing some of the quickest transaction processing speeds.


  • No bitcoin to fiat trades on the main exchange: While Binance presents you with multiple ways through which you can buy Bitcoins with fiat, you cannot trade Bitcoins against Fiat on the main Bitcoin exchange.
  • Not-so beginner-friendly: Binance presents you with a wide range of educational materials and how-to guides. But its main exchange is not so friendly to beginners and intermediate traders.
  • No phone support: Binance doesn’t have phone support services, even for emergency cases. And users have complained of sluggish responses when it comes to social media and chat support.
  • No anonymous bitcoin trading: Binance UK is regulated by the FCA and requires the exchange to subject all its clients to identity verification as well as KYC/AML procedures.

Check out our comprehensive Binance review 2024 to learn everything you need to know about the broker.

Binance features

Multi-platform exchange

Binance presents you with multiple ways of trading bitcoins. You can choose to trade on their main exchange, their full-feature mobile trading app, over-the-counter platform, a peer-to-peer exchange, the Binance API, or the CFD trading platform.

Binance Card

Binance recently introduced the ultra-secure Binance VISA card that you can use to withdraw cash from ATMs or pay for goods and services in Bitcoin-friendly shops worldwide.

Binance earn program

As crypto savings plans grow popular with most exchanges, Binance introduced their Binance EARN version. It is a savings program that allows you to stake Bitcoins and other cryptos/stable coins and earn interests of up to 7.49% APY.

Bitcoin derivatives and leverage trading

We have already mentioned that Binance is one of the best bitcoin exchanges in the UK where you can buy both real Bitcoins or trade Bitcoin CFDs. And CFD traders in the UK get to enjoy leverages of up to 2X of their trading equity.

Bot trading support

Binance is also heavy on trade automation. They have made it possible for you to integrate your Bitcoin expert advisor (trading bot) into their exchange.

Bitcoin trading on Binance

There are multiple ways of interacting with Bitcoins when using the Binance exchange. The most popular involves exchanging the crypto for another crypto on the main exchange or buying, selling, and converting it to crypto or fiat currencies on their mobile app.

Binance has also gone ahead and introduced a P2P platform where you can trade, buy, and sell bitcoins from other Binance platform uses while interacting directly with one another. There is also the Bitcoin CFDs trade that allows you to go long or short on the digital currency while trading on margin.

How to buy/sell Bitcoins on the Binance exchange

1: Start by accessing the official Binance website and creating a user account.

How to buy/sell Bitcoins on the Binance exchange

2: Verify your identity by providing the exchange with a photo of your ID and proof of address

3: Fund your crypto account

4: Once logged in, click on the “Exchange” tab on the main menu and choose “Basis or Advanced” trade set up

5: On the user dashboard, click on the favorites icon and select Bitcoins as the base currency

6: You will now be presented with a list of tradable Bitcoin crosses. Select the Bitcoin pair you would like to trade

How to buy/sell Bitcoins on the Binance exchange

7: You will be redirected to the trading page where you set such trade parameters whether to trade at the market or limit order, the number of coins to spend and the stop loss level.

8: Click the “Buy BTC” icon if going long or “Sell BTC” if shorting the trade.

How to buy/sell Bitcoins on the Binance exchange

9: Your trade will now appear under the “Open Order” section of the “Transaction History” tab

Bitcoin trading fees

Binance imposes maker-takers for Bitcoin trades on its exchange. The rates are graduated and largely determined by your 30-day trading volume or how much BNB (Binance Coins) you own. Here are the Bitcoin trading fees on the platform:

LEVEL30-day trade volume (BTC)BNB HoldingsMakerTaker
General< 100 BTC or≥ 0 BNB0.1000%0.1000%
VIP 1≥ 100 BTC≥ 50 BNB0.0900%0.1000%
VIP 2≥ 500 BTC≥ 200 BNB0.0800%0.1000%
VIP 3≥ 4500 BTC≥ 1000 BNB0.0700%0.0900%
VIP 4≥ 10000 BTC≥ 2000 BNB0.0600%0.0800%
VIP 5≥ 20000 BTC≥ 3500 BNB0.0500%0.0700%
VIP 6≥ 40000 BTC≥ 6000 BNB0.0400%0.0600%
VIP 7≥ 80000 BTC≥ 9000 BNB0.0300%0.0500%
VIP 8≥ 150000 BTC≥ 11000 BNB0.0200%0.0400%

Note: If you chose to pay the transaction fee using BNB coins, you will be given a 25% discount

Payment methods

Binance supports a wide range of payment methods, including:

  • Bank transfer
  • Credit/debit card
  • Crypto transfers
  • 60+ Alternative payment methods like PayPal, Yandex, Neteller, Western Union, Skrill for P2P trades

How to fund your Binance exchange account using a Credit card

1: Start by logging in to your Binance account and on the main menu, click on the “Buy Crypto” tab and select “Credit/debit card” from the drop-down menu.

2: On the deposit page, enter the amount of money you wish to deposit and tap the “Pay with new card” button

How to fund your Binance exchange account using a Credit card

3: Enter the card details like number and billing address

How to fund your Binance exchange account using a Credit card

4: Click on the “Pay Now” tab to authorize the deposit

Note: The minimum you can deposit is $15. The deposit is free, but the card provider may charge transaction-processing fees.

How to withdraw funds from Binance exchange

1: Start by logging into your Binance account and click on the “Wallet” tab in the upper-right corner of the user dashboard.

2: From the drop-down menu, click on “Fiat and Spot.”

How to withdraw funds from Binance exchange

3: On the withdrawal page, select the fiat currency you wish to draw from the account

How to withdraw funds from Binance exchange

4: Chose the bank account to whence the monies will be deposited and enter the amounts you wish to withdraw

5: You will receive a google authentication code on your authenticator app. Type it on the withdrawal page

6: Click the “Submit” bar to authorize the withdrawal.

Note: Bitcoin transfers from Binance to a third party are charged a flat rate of 0.004 BTC per transaction.

Is Binance Safe?

In May 2019. Binance experienced a major breach with hackers making away with over 7,000 Bitcoins (valued at $40 million at the time). Since then, the largest crypto exchange has embarked on fortifying its platform’s integrity and ensuring another hack never materializes.

They, for instance, store client deposits in cold storage, partner with only the most secure Bitcoin wallets, demand identity verification and made two-factor authentication mandatory for all withdrawals. More importantly, they have insured their UK clients with a free cover of up to $50,000.

Customer support

There are four primary ways of accessing support from Binance. One, you can choose to consult their elaborate help center that hosts a wide range of FAQs and blogs as well as How-to and troubleshooting guides. Alternatively, you can choose to raise a support ticket. Thirdly, you can interact with their agents via the live chat feature on the website and mobile app. And lastly, you may direct message them on the official Binance social media handles.





7. Changelly – Best for Buying Bitcoin With Fiat

Available Coins: 200+
Margin Trading: YES
Minimum Deposit: 20 $£€
Visit Changelly

Capital At Risk

Changelly has been around since 2013, started by Bitcoin mining pool – Minergate. However, it didn’t gain much traction until 2016, when it sought independence and set out as a stand-alone bitcoin exchange. In the last five years, its popularity among beginner traders has soared as it attracted more than 2 million regular platform users across the world. Changelly is now considered one of the best Bitcoin exchanges for those who want to trade anonymously. Changelly is also considered one of the best Bitcoin Exchanges when it comes to simplicity.

Most are drawn in by its easy onboarding process, straightforward bitcoin trade, competitive flat rate fees, and accessibility.  All these factors played a key role in ensuring the platform makes it to our list of the best bitcoin exchanges for beginners. We look at how bitcoin trading on Changelly works next. But first, we highlight the pros and cons.

Changelly Pros and Cons

Changelly Pros

  • Anonymous bitcoin trading
  • Never been hacked
  • Affordable Bitcoin trading fees
  • Beginner-friendly

Changelly Cons

  • Low liquidity on Changelly PRO
  • Limited trading tools and analytics on PRO
  • Bitcoin transaction processing can be slow at times
  • No phone support


  • Anonymous bitcoin trading: Unlike most of the best bitcoin exchanges and wallets featured here, Changelly does not require you to verify your identity before trading. You only need a valid email address to start trading.
  • The exchange has never been hacked: Changelly has a solid reputation for safety as it has never been hacked. This may be explained by the fact that Changelly doesn’t hold Bitcoins on behalf of clients.
  • Competitive bitcoin trading fees: Changelly charges a competitive transaction processing fee. Plus, unlike most exchanges, it is flat-rate and not dependent on such factors as trading volume.
  • Beginner-friendly: Changelly maintains a highly intuitive and beginner-friendly user interface. The process of buying and selling Bitcoins and other digital assets on the platform is also straightforward – you do not have prior trading experience or expert help.


  • Relatively low liquidity on Changelly pro: While Changelly may be quite popular, there has been a sluggish uptake of their PRO trading platform. This explains why it reports relatively lower Bitcoin trading volumes than most other Bitcoin exchanges on this list.
  • Limited tools and analytics: Changelly PRO also features fewer trading tools and market indicators. You, for instance, cannot find tangible fundamental indicators for Bitcoin trading on the platform.
  • No phone support: Some urgent bitcoin trading challenges require urgent redress that can only be achieved by a responsive customer support team on the phone or live chat. Changelly, however, doesn’t have phone support, and their live chat has been accused of sluggish responses to live chat queries.
  • Transaction processing can be slow: Though rare, bitcoin transaction processing on the Changelly platform can be rather slow.

Changelly Features

Changelly PRO

In July 2020, Changelly announced the launch of their professional and institutional trading arm – the Changelly PRO exchange. Some of its key selling points include a feature-rich yet highly intuitive trading terminal and a multi-currency wallet. It is designed to serve elite Bitcoin traders and institutional investors.

Changelly app

In addition to the Changelly PRO trading platform, there is the full feature and equally intuitive mobile app. It mirrors the features and beginner-friendliness of the Coinbase web app. But in addition to the trading platform, the app provides you with highly secure wallet addresses for storing your Bitcoins.

Changelly EARN

Changelly runs an affiliate program that allows its current platform users to generate extra income when they recommend friends and acquaintances to the exchange. The bitcoin exchange provides its affiliate program participants with links to share or paste into their blogs and tools for tracking conversation and earning rates. They also share as much as 60% of crypto-to-crypto and fiat-to-crypto exchange revenues with these affiliates.

Changelly API

You don’t always need to log in to your Changelly user account to buy, sell, and convert crypto. Changelly provides you with different API tools to infuse into your wallets to facilitate instant crypto exchange.

Bitcoin trading on Changelly

At Changelly, you can either buy, sell, or convert Bitcoins. The exchange nevertheless supports both fiat-to-crypto and crypto-to-crypto exchanges. It is highly versatile as it makes it possible to buy Bitcoin with virtually any international Fiat currency. Similarly, you can sell Bitcoin holdings for almost every fiat currency in the world or stable Coins.

These buy, sell, and conversion services are offered on the Changelly website, Changelly mobile app, and through the Changelly developer APIs. Changelly PRO, on the other hand, facilitates the trade of different Bitcoin crosses and allows you to long or short these bitcoin pairs. You are also free to apply for leverages of up to 2X your bitcoin trading equity. Here is the step-by-step guide on how to buy Bitcoins o Changelly:

How to buy Bitcoins on Changelly (Web)

1: Start by opening the official Changelly website and creating a user account. You only need to enter a valid email, and the exchange will email you the account password.

2: On the Changelly home page, click on the “Buy” icon

3: Chose the Fiat currency you wish to use, and the amount of cash you wish to spend on the “You Send” section and select BTC on the “You Receive” section, and click on “Buy BTC Now.”

How to buy Bitcoins on Changelly (Web)

4: On the buy page, choose your preferred payment method from the menu column to the left and your preferred trading platform on the right, the preferred trade fulfillment platform (can be simplex, Moonpay, Banxa, Indacoin, etc.)

How to buy Bitcoins on Changelly (Web)

5: On the next page, enter your Bitcoin wallet address where the coins will be deposited and click on “Go to payment.”

6: You will be redirected to the trading platform’s page to complete the transaction

Bitcoin trading fees and buying limits

Changelly embraces a flat rate fee model where you incur 0.25% for every transaction on the platform. While most people have hailed this as a competitive fee for low-volume trades, it is considered excessive by high-volume traders and institutional investors.

Changelly PRO, on the other hand, embraces a graduated maker-taker fee model with charges starting from as low as 0%.

Trading level30-day trade volumeMaker Taker
1≥ 0 BTC0.1%0.1%
2≥ 5 BTC0.09%0.1%
3≥ 10 BTC0.08%0.09%
4≥ 50 BTC0.075%0.085%
5≥ 250 BTC0.07%0.08%
6≥ 500 BTC0.06%0.08%
7≥ 1000 BTC0.04%0.06%
8≥ 5000 BTC0.03%0.06%
9≥ 10000 BTC0.02%0.06%
10≥ 20000 BTC0.01%0.05%
11≥ 50000 BTC0%0.04%
12≥ 100000 BTC0%0.03%

Payment methods

Changelly supports an extensive range of payment methods, including:

  • Credit/debit card
  • Apple pay
  • Direct bank transfer

Note: Changelly does not hold on to client funds and, therefore, doesn’t accept deposits. Changelly PRO, on the other hand, is a pure crypto-to-crypto exchange that does not accept Fiat deposits. We only list the three payment methods because they are the most popular with the third-party exchanges that Changelly connects you with.

Is Changelly Safe?

Yes, Changelly is safe by virtue of the fact that they don’t store your funds. Changelly PRO, on the other hand, presents you with an ultra-secure bitcoin wallet that is two-factor enabled. Additional security features embraced by both Bitcoin trading platforms include email confirmations and whitelisting both the website and emails to eliminate phishing attacks.

Customer support

As we have already mentioned, Changelly doesn’t have phone support. But their team is available via the live chat feature on both the website and mobile app. You can also raise a support ticket or direct message them on social media. For general queries, consult their elaborate help center.





8. Luno – Best for Bitcoin Wallet

Available Coins: 5+
Margin Trading: No
Minimum Deposit: 10 $£€
Visit Luno

Capital At Risk

The Luno exchange is one of the best bitcoin exchanges UK. It is also one of the oldest and most reputable. It started in 2013 in South Africa and went on to become the largest (by trade volume) and the most popular bitcoin exchange in the country. In September 2020, Luno was acquired by Digital Currency Group (DCG) enterprise – a UK-based blockchain and cryptocurrency investment company. It is a crypto-to-crypto and fiat-to-crypto exchange that is available as a web trader and mobile app. Plus, it provides its clients with a free and ultra-secure bitcoin wallet. Here is everything else you need to know about Bitcoin trading on Luno.

Luno Pros and Cons

Luno Pros

  • Fee-free Bitcoin transfers
  • Speedy transaction processing
  • Intuitive user interface and easy onboarding
  • All in one bitcoin solution

Luno Cons

  • Low liquidity
  • Limited Bitcoin trading pairs
  • Charges deposit fees
  • No anonymous bitcoin trading


  • Fee-free bitcoin transfers: Luno exchange doesn’t charge you transaction fees when you send Bitcoins to crypto wallets within the Luno ecosystem.
  • Speedy transaction processing: The bitcoin exchange has also leveraged innovation and technology to develop one of the fastest trading platforms. Luno runs a low-latency platform that executes trades in microseconds.
  • Intuitive user interface: Both the Luno web trader and the Luno mobile have one of the most intuitive and beginner-friendly interfaces. They then complement it with the broadest resource of trading guides in the help center.
  • All in one Bitcoin solution: Luno presents you with an all-in-one bitcoin trading solution. It has a web trader, mobile apps for trading on the move, and a wallet for keeping your Bitcoin private keys safe.


  • Low liquidity: Despite being around for close to eight years, Luno has been unable to compete with peers like Binance and Coinbase established around the same time. Its liquidity and the trading volumes recorded by Luno, therefore, pales in comparison to the massive trade volumes reported by the rest of its competitors.
  • Limited trading pairs: Luno platform can only trade Bitcoin against 17 other crypto and fiat currencies.
  • Charges deposit fees: Unlike most other bitcoin exchanges that have scrapped deposit fees and slashed withdrawal charges, Luno imposes fees on deposits below $50.
  • No anonymous trading: You cannot trade significant Bitcoins volumes anonymously on Luno. The exchange asks that you verify your identity when using their platform.

To learn more about Luno, check out our full Luno review 2024.

Luno Features

Multiplatform exchange: Luno is a multiplatform exchange in that it is available as a web trader, mobile trading app, and API. Both the web and mobile trading platforms are feature-rich and integrate numerous trading tools and technical indicators, including Pro Charts, depth analysis, order books, and even price alerts. The API, on the other hand, makes it possible for you to trade bitcoins through Luno, without necessarily logging into your Luno account. You can, for instance, integrate it into your third-party wallet for instant order executions.

Luno Wallet: The crypto exchange platform also presents you with a free and ultra-secure Bitcoin wallet. It is custodial and Luno ensures that more than 95% of their client funds are in “Deep Freeze” (stored in cold storages) to minimize exposure in case of a system breach.

Luno Business: Luno Business is a program by the bitcoin exchange that targets high net worth and institutional bitcoin traders. It seeks to draw them into using Luno exchange by enticing them with secure custody of coins, sophisticated API functionalities, advanced charting tools, low fees, and expanded trading limits.

Bitcoin trading on Luno

On the Luno exchange, you are free to trade bitcoins against other supported cryptocurrencies, stable coins, and supported Fiat currencies. Both the web trader and the Mobile app host a similar number of trading pairs. And when trading on the platform, you can choose to go long or short the Bitcoin pair. Here is the process of trading bitcoins on the Luno platform

How To Buy Or Exchange Bitcoins on Luno Exchange

1: Start by accessing the official Luno website and creating a user account.

How to buy/exchange Bitcoins on Luno exchange

2: Verify your identity and answer their KYC/AML queries

3: Fund your account

4: Click on the exchange tab and on the Luno trading terminal, tap on the “Markets” icon on the far left column of the trading view window

5: Click on BTC and from the list of supported bitcoin crosses, select the Bitcoin pair you wish to trade

How to buy/exchange Bitcoins on Luno exchange

6: You will be redirected to the Trading view window to adjust the trade parameters. Decide if it is a limit or market order, decide on the amounts of cash you want to trade, and if you want to long (BUY) or short (SELL) the trade

7: Click on the “Buy BTC” button to complete the transaction

Bitcoin trading fees and buying limits

Luno maintains some of the most competitive Bitcoin trading fees. They don’t charge maker fees, while the taker fees on the platform start from 0.03%. The fee is graduated and based on your tier level, which is, in turn, based on your 30-day trading volume (expressed in EUR). Here are the taker fees:

TIER30-day Trading VolumeTaker fees
1<EUR 249,999.990.10%
2EUR 250,000.00 – EUR 499,999.990.09%
3EUR 500,000.00 – EUR 999,999.99008%
4EUR 1,000,000.00 – EUR 1,999,999.990.07%
5EUR 2,000,000.00 – EUR 3,999,999.990.06%
6EUR 4,000,000.00 – EUR 7,999,999.990.05%
7EUR 8,000,000.00 – EUR 15,999,999.990.04%
8>EUR 8,000,000.00 – EUR 15,999,999.990.03%

Payment methods

Luno exchange supports several payment processing methods, including:

  • Bank wire transfers (SEPA)
  • Debit and credit cards
  • Checkout cards

How to fund your Luno exchange account

1: Start by logging into your Luno exchange and select Wallets from the main menu

2: Choose your local currency wallet

3: Chose the “Deposit” option

How to fund your Luno exchange account

4: Chose to deposit via debit or credit card

5: On the deposit page, enter the amount you wish to deposit and such card details as the name and card number

How to withdraw funds from Luno exchange

1: Start by logging in to your Luno exchange account  and clicking on the “Wallets” tab

2:  Select the currency you wish to transfer and tap “Withdraw.”

3: Add the details of the bank account you want to deposit funds to

4: You will receive an authentication code in your authentication app

5: Key the code on the withdrawal page and follow the screen prompts to complete the withdrawal

Is Luno Safe?

Yes, Luno has put in place effective security measures to deter any attempt at compromising the security of the exchange. For instance, it stores 95% of the client deposits in cold storage and makes two-factor authentication mandatory for all withdrawals. Platform users are also required to set a strong password for their Luno account and verify their identity. These measures have ensured that, despite being around for over eight years, Luno has never been hacked.

Customer support

There are three primary ways of accessing help when using Luno exchange. One, you may consult their highly elaborate help center for troubleshooting and how-to guides. You can also raise a support ticket through the “Report Suspicious Activity” feature in the help center. Or you can simply direct message them on their official social media platforms.




So Which is the Best Bitcoin Exchange?

The last decade has witnessed an unprecedented creation of Bitcoin exchanges all across the world. There are currently thousands of Bitcoin Exchanges in the world, And they all compete to provide the same services – help you buy, sell, and exchange bitcoins. But they have adopted different strategies and availed different tools packaged in rather diverse platforms, which makes choosing the best bitcoin exchange difficult. But we have highlighted some of the key factors that you should consider when you compare the best bitcoin exchanges. We have also reviewed what we consider the eight best Bitcoin exchanges in Europe today. There are many factors an investor should consider depending on availability in a certain country, fees, verification methods, and of course which coins are supported.

Frequently Asked Questions (FAQs)

Each and every exchange carries its own set of risks, so it’s important to do your due diligence before selecting one. That said, this article has listed some of the safest exchanges to buy Bitcoin. Be sure to check them out.

Fees vary from exchange to exchange, and even change over time. Generally speaking, the more volume an exchange does, the lower its fees will be.

It depends on which Bitcoin exchange you’re talking about. The more reputable ones, like eToro, are very safe. However, there are a lot of Bitcoin exchanges that are not so reputable, and people have lost a lot of money by using them. So our advice would be to only use the more reputable exchanges, and to be very careful when choosing a less reputable one.

Yes and no. It depends on which exchange you’re using and how well it’s insured. Generally speaking, it’s safer to keep your Bitcoin in a wallet that you control, rather than on an exchange. That said, exchanges are a convenient way to buy and sell Bitcoin, so if you’re going to use one, be sure to choose one that is reputable and has a good track record.

It depends on each individual’s risk tolerance and investment goals. Some people choose to store their cryptocurrencies on exchanges because they appreciate the convenience and easy accessibility. Others prefer to store their coins in wallets so they have more control over their private keys. Ultimately, it is up to each person to decide where to store their cryptocurrencies.

As long as you can! There’s no set time frame or expiration date on bitcoin, so you can hold onto it as long as you please. Some people choose to buy and sell bitcoin on a regular basis in order to make a profit, while others simply hold onto their coins in the hopes that they’ll be worth more in the future. Either way, it’s entirely up to you!

Yes, your crypto still grows in a wallet! In fact, wallets are the perfect place to store your crypto because they provide a safe and secure way to store your digital assets. Not only that, but wallets also make it easy to track your crypto holdings and keep them organized.

The best time to sell your Bitcoin for profit is when the market is hot and there is lots of demand for Bitcoin. Of course, you should always do your own research to get the most accurate information possible before making any major financial decisions. Hope this helps!

The exact number of cryptocurrency exchanges is difficult to track, as new ones seem to spring up all the time. However, not all of these exchanges are created equal. Some are much larger and more popular than others, with some handling billions of dollars worth of trades per day.

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