If you’re based in the UK or her overseas territories and on the lookout for the best Bitcoin casinos and the top sites to buy crypto coins then you’re in the right place.
The land of crumpets, tea, and cricket (if you’re partial to a stereotype or two) is a crypto hotspot. It’s one of the biggest markets in Europe when it comes to buying cryptocurrencies, together with Germany. People with some spare dosh love to spread the risk and get a piece of crypto in their portfolio. Not only do a growing number of people in Britain have some crypto, but they’re also casino and sports betting mad! Which is the key reason why Bitcoin and crypto casinos are on an enormous upward trend in the King’s country.
Continue below to see our top lists of the best crypto-accepting casinos and the top cryptocurrency exchanges in the UK market. Good luck to all the crypto enthusiasts in ole’ Blighty, Northern Island, the Channel and Virgin Islands, and all British overseas territories past and present!
Please be aware to double check that the crypto casinos below are available and allowed to play on in the UK in the T&Cs.
Best 113 Crypto Casinos for the UK
Strong as a rhino or swift as a fox? Cryptorino’s so cool it’s not in a box. As action packed as a Hollywood flick, you’ll love it to bits!
Providing community-based crypto casino for the best experience possible, both for betting and slot lovers.
Whatever way the wind may blow you’ll find big USDT bonuses on Crypto Games IO!
Enjoy instant payouts and no KYC. BetPanda IO, is where you want to be!
This crypto casino’s gonna to be a favorite, no-KYC and 25% rakeback on Rakebit!
Casino Punkz’ got bark, it’s got bite, it’s a punk alright. Will you win on this crypto site? Well perhaps you might!
This non-GamStop casino is great for Brit players. Uncover the site and unpeel all the layers!
Are you a punter or a hunter? If both can do, you’ll love this crypto casino too.
Want to be a big roller or perhaps be thrifty, shift into the next level here on Kripty!
Up in space, take it to the next dimension. This new crypto casino will definitely get your attention.
Duelbits is a decent decentralized casino site. Play with Solana or BTC, try yourself and see if it’s alright. We think it’s so so.
A next-generation high-tech crypto casino with the markets latest game, Crypto Leo is definitely on the way to fame.
Looking for abundance and protection? Then look at the Spin Buffalo direction.
Play with Bitcoin or perhaps some Monero coin. You can’t win big on Crypto Wins if you don’t join!
Top of the pops or top of the blocks. This crypto casino’s here to give you all it’s got!
Want to both bet and play? Here is a Bitcoin casino that will stay. You need to try it today!
A golden crypto casino, with all the right things. It’s a hot site that’s made for kings.
Give it a spin, we hope that you win. Try live casino or an online slot. Sign-up now, to see what they’ve got.
Fire up the engines and soar into the sky, Jett Bet combines sports and slots for you to try!
Is the juice worth the squeeze, come and play here as it’s such a breeze!
Order a pina colada and chill in a straw hat. Play on Tahiti crypto casino all day in the sun, simple as that!
As sweet as a dove that comes from up above, you’ll cherish winning on a crypto casino called Love!
It’s comfy and cool like the wool from merino, but can you think of a better site than Rollino? This rhyme is cheesy, winning easy peasy!
Have a frown? Turn it upside down on Joka Bet crypto casino!
Never felt like a star? You can be it SlotoStars’ slots. Give this crypto casino a try, and connect the dots.
Wall Street Memes is like Robin Hood, a crypto casino that gives back to the good!
A classy and fun crypto casino worth to explore, when you seen it all – you won’t ask for more.
National Bet is here and it’s here to stay. Enjoy crypto bonuses and more as you play all day!
Why bet on Ybets? It’s a crypto casino that’s as good as it gets!
Your fate is what you make. Bet big on Mystake!
Some look for fortune, others for fame. Enjoy a casino with all in-house games!
Put your luck to the test, prove you’re better than the rest. Have no regrets, head on over to Star Bets!
Jackpot Mobile’s as British as a red telephone box. Give it a go, it’ll knock off your socks!
Another dimension on your games and slots, try this crypto casino to see what they’ve got!
It’s so good you should leave a tip, the 4.5 BTC bonus is awesome at Casino Bit!
If you’re gonna give it all, you should give it all you got. Play top titles when you sign up to Zeeslots!
If you’ve got Telegram installed, you can start playing in 2 seconds without any sign up procedure!
Red or purple ninja turtle, we urge you to enter Sensei’s winner’s circle!
Time to unleash your luck, and maybe win a buck.
A universe full of slots, that’s more or less all they’ve got. Try it once, try it twice, Spinoverse is very nice!
When you win big prizes you’ll be a casino king, you can have it all here on SlotsWin!
Dutch total football mixed with Spanish flair, this is a crypto casino that simply doesn’t compare!
With game variety like the Serengeti, you’ll find casino slots and sports here on Betti. So get ready and steady and go play heavy!
Some stay fat, others get fit. They all want to win big on Jackbit!
Max Vegas is a cool crypto casino and it takes it’s name from the mecca in Nevada, is it awesome or is it all a palava?
Some play for fun and others play to win, what’s for sure is that entertainment is guaranteed at Insta Spin!
Fast as a matador and strong as a bull (run), this crypto casino and sportsbook is as cool as they come!
You might have played in many places, but have you crypto gambled at Vegas Aces?
Roll deep like Tony Soprano on Don Bet, a Bitcoin casino where you best be ready to go and get!
Step into the matrix, a world of black and green. Bull Run Bets is one of the fastest crypto casinos we’ve ever seen!
Thinking about Vegas, here is your chance. Give it a try, then have a dance!
Like a magician with a rabbit in his hat, win some BTC – ta-dah – just like that!
From Valhalla to the gambling paradise in the sky, if you’ve never played on this casino you should ask Thor why!
Some players come, some players go. But they all have fun on Bets IO!
Cream rises to the top, away from the dross. Bet in the big leagues on Superboss!
There’s a crypto casino with 6500 games, wanna go? Let us show you the way to Rolletto!
They say it takes a village to raise a child. Jackpot takes a whole minute to raise a smile!
Do you like live poker games and awesome slots? You’ll find them all right here on Millionpot!
Bring Vegas to your mobile phone, a new casino to call home!
Playing on crypto casinos the only aim is the top, and that’s no different with the boys on Lucky Block!
0X Bet is dressed in purple and black, once you go crypto you never go back!
It’s plush like a royal flush. But is it no good like a toilet brush? Casino Royal Club is built to last, since 2011 it’s been a blast!
It’s original and authentic and the experience is just so electric! It’s the one and only Bet Original!
Come and play, it’ll knock of your socks. It’s more British than a red telephone box!
Play big and get a high five, grab your wins from Rich Prize!
One of the best decentralized provably fair casinos, with lots of bonus and fun competitions.
Give us a shout, give us a holler. Playing on Woop Win gets us hot under the collar!
1,2,3 step inside Niyvi and you’ll see everything a crypto casino should be!
Have you got some Bitcoin in your hand, play roulette like superman. On Comic Play it’s a place you can, play cool games as a comic fan!
A jungle themed casino called Casimba, game your way to the top like Lion King’s Simba!
Beaches and big prizes aren’t just part of a yarn, make them a reality on this casino called Palm!
Rub the lamp and make a wish today, Genie Jackpot is here to stay!
Did you get the memo? This crypto casino is one for the history books, you know?
Win Crypto Jackpots, Play Anonymously, and enjoyInstant Cash Outs with Bitcoin.com Cash Games.
A new multi chain crypto casino with in-house games and high RTP.
Ready, set, then head to 1Bet. If lucky with BTC – fly on a private jet!
It’s got crypto banking and a magic look, see if it brings you any luck! Aussie Play is superb for the North American market!
Jacks Club is a premium crypto casino site with a fantastic VIP program and a welcome pack worth up to $20,000!
Traverse epic games like a Roman legion leaving conquered slots in your wake. You can play with Bitcoin and Ethereum on Slots Empire!
How does it look, how does winning on a crypto casino feel? You can experience everything here on Island Reels!
Will you box clever or go for pot shots, this Lion is hungry so give it all you got. A crypto casino that roars with wins and never bores!
Sportsbook and VPN friendly crypto casino, with their own KNK coin. It’s a really nice site, and now they wait for you to join!
Come play on a new Bitcoin casino with a famous style, it’s a fun site that gives you a smile.
Take a deep dive to the depths of mystery, play on Las Atlantis with BTC. Play some games easily, and get some spins for free!
Wanna play a casino and poker site that’s really plush? Play with crypto and get a royal flush!
With slots to make you go gaga, you’ll love to play on Zaza!
Having fun is never tiring, come and play on Bitfiring!
A nice crypto casino environment where new players get 300% bonus up to 5000 eur or equal in ETH or BTC.
Short or tall, playing is no chore. You can win it all on Your Win 24!
Even if it’s not sunny, there is a real hunny. Fiat or crypto, both will go. Here is a new crypto casino, that’s ready for a show.
Fun doesn’t split at the seam when you’re in Vegas with a dream!
Bet on sports, or play a great hand. You can do it all on VegasLand!
Say hello to Sportbet: the original decentralized sports betting site running on EOS and with staking and dividend rewards!
If you’re in North America and you want to play on a cool crypto casino, you can’t go far wrong with Winport!
Lots of prizes, so enticing. Come play with crypto here on Spicy!
Enjoy a crypto casino with so many networks, it’s better than s*x. Gamble, bet, and win here on BrillX!
Zix Casino, it’s generous and brand new. It’s cool and global, you should see it too.
Cazeus is a gift from the gaming gods, give it a go with all you’ve got!
CloudBet Casino offers a fantastic range of games & have lots of different crypto deposit options. The easiest method to bet with Bitcoin.
Ladies and gents come and explore at Genting Casino, a fiat site that caters for the high end in a life of luxury!
From slot games to live roulette, Mega Casino is a worth a bet!
A brand new Bitcoin casino with 162 different game developers to enjoy along with a great interface.
Some casino sites are fun, and others are just nice. You can play great games here on Duck Dice!
Have fiendishly fun fiat gaming with Lord Ping at this royally good real-money casino with a UK license!
Play slots with an ice cool head and take those winnings back to bed! It’s all possible on the UKs finest Ice 36 casino!
Want to take a tip? Play to win on BetFlip. Say hello to 5 BTC when you sign up, collect them all into a gold cup!
Some look for fun, gamblers look for fame. What we know is, they all love Nano Games!
A Bitcoin casino, from the city of light. Here is a brand, that as well could excite.
Play or invest? The choice is yours with Bitvest. A unique and truly decentralized anonymous crypto casino with 6 provably fair games!
Rub the magic lamp and a poor casino and you shall find – nothing. 5000 games but hard to get payouts after winning.
Take the throne in style. You won’t leave Royal Fortune casino for a while!
UK Based? Then read the User Policy Disclaimer below
This disclaimer outlines the responsibilities and policies that you (“You”, “Customer”, “Visitor”) accept by navigating this website (“CryptoLists.com”, “Website”, “Us”).
If you are based in the United Kingdom, or a UK citizen residing abroad, it is essential for you to understand the legal framework and policies governing cryptocurrency-related activities and online gambling within the UK before engaging with the information provided on this website.
General Information:
The information presented on our website is intended for informational purposes only and should not be considered as financial, investment, or gambling advice. Both cryptocurrency investments and online gambling, including on crypto casinos, carry inherent risks, and individuals should conduct their own research and consult with financial or legal professionals before making any decisions.
Investment and Gambling Risks:
Cryptocurrencies are highly volatile and can experience significant price fluctuations. Similarly, gambling can lead to potential financial losses. You should be aware of the risks associated with investing in cryptocurrencies and gambling, including the potential loss of capital. Our website provides information on historical price movements, market trends, and casino reviews, but past performance and experiences are not indicative of future results.
Third-Party Content:
Our website may contain links to third-party websites or content related to cryptocurrencies and online casinos. We do not endorse or guarantee the accuracy, reliability, or legality of any information, services, or operations provided by these third parties. You should exercise caution and conduct your own due diligence when engaging with external links, services, or deciding where to play.
User Responsibility:
You are solely responsible for your investment, gambling decisions, and actions. We cannot be held liable for any financial losses, damages, or legal issues resulting from the use of information presented on our website. It is crucial for you to independently verify the accuracy of the information and seek professional advice before making any decisions.
Legal and Regulatory Considerations:
The legal and regulatory landscape for cryptocurrencies and online gambling is complex and varies significantly between jurisdictions. In the UK, gambling activities are regulated by the UK Gambling Commission, and cryptocurrency activities are subject to regulations by the Financial Conduct Authority (FCA) and other relevant bodies. You should ensure compliance with all applicable laws and regulations, including those related to online gambling and cryptocurrency transactions, both within the UK and in any jurisdiction where you are based.
Disclaimer Updates:
This disclaimer is subject to periodic updates to reflect changes in laws, regulations, and our website’s content. You are encouraged to review this disclaimer regularly for any updates or revisions.
By accessing and using our website, you acknowledge that you have read and understood this disclaimer, and agree to abide by the laws and regulations applicable within the United Kingdom or your jurisdiction. It is advisable to consult with legal and financial professionals regarding specific questions or concerns related to cryptocurrency investments and online gambling.
This disclaimer is particularly relevant if you are a UK resident or a UK citizen residing abroad and is provided to highlight that it is your responsibility to be compliant with applicable laws and regulations within the United Kingdom or any other jurisdiction where you are based. Also ensure you have read the privacy policy and general usage terms here.
Go directly to
- 1 Best 113 Crypto Casinos for the UK
- 2 UK Based? Then read the User Policy Disclaimer below
- 2.1 Are crypto casinos big in Britain?
- 2.2 What’s the history of gambling in the UK?
- 2.3 What’s the history of Bitcoin casinos in Britain?
- 2.4 Why are crypto casinos so popular in Great Britain?
- 2.5 Do your casinos allow sports betting for the UK?
- 2.6 Are there any anonymous casinos for British players?
- 2.7 What are the best crypto casinos in the UK?
- 2.8 Does Crypto Lists show new crypto casinos?
- 2.9 How to play at British crypto casinos?
- 2.10 Is betting and gambling legal in the UK or British territories?
- 2.11 Why can I see some casinos that are blurred out?
- 3 Top 20 sites for buying or selling crypto in the UK
- 3.1 Are crypto currencies big in Britain?
- 3.2 Which ones are most popular?
- 3.3 How to choose a cryptocurrency of interest in the UK?
- 3.4 Which are the top new cryptocurrencies in the UK 2023?
- 3.5 Are blockchains popular in Britain?
- 3.6 Why is Web3 and crypto big in Britain?
- 3.7 Is it easy to buy crypto in the UK?
- 3.8 What to consider when choosing a crypto exchange?
- 3.9 How much should I deposit?
- 3.10 UK based? Read our updated disclaimer
Are crypto casinos big in Britain?
Let’s first answer your burning question: are Bitcoin casinos big in Britain and overseas territories? The answer is a resounding yes! While it’s true that crypto casinos are a relatively new phenomenon globally, they’ve managed to carve out a substantial niche in the UK’s gambling market.
The proliferation of digital currencies and the increasing acceptance of their use in various sectors has undoubtedly played a significant role in this trend.
What’s the history of gambling in the UK?
Now, you might be wondering about the history of crypto casinos in the UK. Well, it’s a tale that’s closely tied to the broader history of gambling in Britain. Gambling has always been a popular pastime in the UK, with roots reaching back to the Roman Empire when soldiers played dice games.
Fast forward to the 20th century, and you’ll find a vibrant gambling scene that’s been ripe for innovation.
What’s the history of Bitcoin casinos in Britain?
Enter crypto casinos, which emerged in the last decade alongside the rise of Bitcoin and other digital currencies. These platforms offered a new way for UK players to engage in their favourite pastime, providing a level of anonymity, security, and efficiency that traditional online casinos couldn’t match.
As a result, they’ve grown in popularity quite rapidly.
Why are crypto casinos so popular in Great Britain?
A few reasons come to mind. For one, they offer the promise of privacy. In a world where data breaches are all too common, the anonymity provided by crypto casinos is a significant draw.
Plus, transactions are usually faster and more efficient with cryptocurrencies, which is a big plus for players who don’t want to wait around for their winnings.
Do your casinos allow sports betting for the UK?
Come on now, let’s not forget about online sports betting. It’s a huge market in the UK, with millions of Brits placing bets on everything from football and boxing to horse racing and beyond. Crypto casinos have tapped into this market too, offering sports betting options alongside traditional casino games.
But where to play? Great question. One casino with sportsbook that we’d recommend for UK punters would be none other than Bets.IO (read review). Honestly, it’s such a good site there aren’t many more superlatives in the dictionary for us to use when waxing lyrical about the place.
It’s not just your standard sports betting fare, you can also get 100% up to 1 BTC + 100 Free Spins welcome bonus for signing up to the casino! Back of the net!
Bet big, bet British on Bets IO today!
1st Deposit bonus: 100% up to 1 BTC + 100 Free Spins + more deposit bonuses
Payment Methods: 65
Games: 3000+Game Developers: 87+
›› Play with an enormous range of crypto coins on Bets IO!
✔Instant Payouts ✔Live casino ✔Cashback ✔Crypto Casino ✔Mobile First Casino ✔Wallet to Wallet deposits ✔Tournaments ✔Non Gamstop
Are there any anonymous casinos for British players?
Firstly, why are they so popular? Well, it’s largely for the same reasons that crypto casinos are a hit: privacy and efficiency. Anonymous casinos don’t require personal information to register, which gives players peace of mind. You can choose one from our anonymous casinos toplist and if it’s not blurred out then you’re good to go, amigo.
What are the best crypto casinos in the UK?
Now that’s a question we’ve spent many enjoyable hours trying to work out. To be honest, there’s tons of choice. If you’re on the hunt for a few that are licensed in the UK and regulated by the UKGC then you might like to give Winomania a whirl, or perhaps you could try VegasLand!
Play on a true Web3 casino right away!
1st Deposit bonus: No bonus, just overall good RTP on the games and they only accept crypto. + more deposit bonuses
Payment Methods: 15
Games: 2000+Game Developers: 30+
✔Instant Payouts ✔Live casino ✔Anonymous ✔Allows VPN ✔Decentralized ✔Crypto Casino ✔Mobile First Casino ✔Wallet to Wallet deposits ✔Tournaments ✔Some Provably Fair Games ✔Crypto Poker
Does Crypto Lists show new crypto casinos?
Fresh casinos are what we’re all about! We have a toplist dedicated specifically to new crypto casinos. If you check it out, any casino in the list that isn’t blurred out will be available to players in the UK.
How to play at British crypto casinos?
Playing at a crypto casino is similar to playing at a traditional online casino. Here are the steps to follow:
- Choose a reputable crypto casino from the toplist. Look for a casino that is licensed and regulated, offers a variety of games, and has a good rating.
- Create an account. This typically involves providing your email address and creating a username and password.
- Deposit funds. To deposit funds, you will need to transfer cryptocurrency to the casino’s wallet address. This can typically be done by scanning a QR code or copying and pasting the wallet address.
- Choose a game to play. Most crypto casinos offer a variety of games, including slots, table games, and live dealer games.
- Start playing. Once you have selected a game, you can start playing. The rules and gameplay will be similar to traditional online casinos.
- Withdraw your winnings. To withdraw your winnings, you will need to transfer cryptocurrency from the casino’s wallet address to your own wallet address.
Is betting and gambling legal in the UK or British territories?
It’s generally legal but you would need to do your own research to confirm whether your jurisdiction allows it or not. There may be different legislation in different crown dependencies. The UK has a well-regulated gambling industry overseen by the UK Gambling Commission. This includes both traditional and online gambling, as well as the use of digital currencies for gambling. You should only play on casinos which are allowed by your specific jurisdiction. Players must be over 18 to participate, and platforms must adhere to strict regulations to ensure fair play and protect against problem gambling.
In terms of the Bitcoin casinos on this site, some are indeed regulated within the UK or UK related jurisdictions, but others are either decentralised or licensed in Curacao. The regulatory situation can be complex and we provide the details on this website purely for information purposes only but you would need to do your own research in terms of what is allowed, legal or not and that you understand that you should never speculate or gamble with money you could not afford to lose. Anything you do is at your own risk. Do not miss reading our full disclaimer here.
Why can I see some casinos that are blurred out?
If you see a casino that’s blurred out, it means it’s not available in Britain at present. Just check out one of the reviews that are fully visible and you’ll be able to see the kinds of deposit methods available as well as bonuses.
Top 20 sites for buying or selling crypto in the UK
This is the toplist with the best crypto brokers in .This is the toplist with the crypto platforms and exchanges which accept customers from the UK. Remember that there are strict restrictions what people in the UK are allowed to do when it comes to crypto currencies. So make sure that you read up on the regulatory restrictions as well as the terms and conditions with a specific crypto site and consider what is allowed or not allowed. Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to loose.
A reliable CFD crypto broker that’s been around for 15 years and is regulated in 5 continents.
One of the best exchanges for global crypto enthusiasts that’s available in most countries.
Your one-stop-shop experience for purchasing, selling, and swapping cryptocurrencies.
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
Swissborg offers flexible staking yields, from a crypto platform with European license.
Want to buy and sell cryptocurrencies easily? Coinbase is where you go!
Making crypto trading, staking and investing simple. Directly from an app.
Discover the worlds’ best social crypto trading site.
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
Trade and leverage right here on BitMart, one of the most globally accessible exchanges around with tons of pairings available.
Buy and sell cryptocurrency on Bitfinex, the home of advanced digital asset trading.
The lowest trading fee among Decentralized Exchanges, only 0.1%.
Trade cryptocurrency on MEXC and benefit from 0% maker fees and support in 16 languages
Deposit with both fiat and a large range of crypto coins and trade today on an up and coming exchange that’s available globally!
One of the top three exchanges in the world for sheer number of cryptocurrency projects!
From margin trading to NFTs, you can trade any crypto asset you like on Digifinex’s fantastic platform.
Trade globally on Hodl Hodl, is your go-to P2P Bitcoin platform that doesn’t hold your funds
Buy Bitcoin and crypto instantly with Gemini.
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
Are crypto currencies big in Britain?
Cryptocurrencies have gained significant traction in the UK over the past few years. Brits have certainly caught onto the crypto craze, and it’s not just limited to tech-savvy individuals or investment gurus.
From London to Edinburgh, more and more people are exploring this digital frontier.
Which ones are most popular?
Well, it’s no surprise that Bitcoin is leading the pack. As the first and the most famous cryptocurrency, Bitcoin holds a special place in the hearts of many crypto enthusiasts worldwide, and it’s no different in Britain. But it’s not just Bitcoin. Other big names like Ethereum, Ripple, and Litecoin also enjoy a fair share of popularity.
How to choose a cryptocurrency of interest in the UK?
Selecting a cryptocurrency for investment can be easy, if you have a fair set of rules guidance to follow. First of all:
+Select a cryptocurrency with a strong community and many active followers, makes it easier to succeed. Always check out the Telegram group, their Twitter profile and other marketing channels to learn more about the cryptocurrency before investing.
+Look into the team: One of the most important factors for cryptocurrencies is the team behind. Have the team and advisors got any experience from previous projects? Are you confident in their expertise? What are their ambitions and track record?
+What about the underlying technology? Can it technology disrupt or improve integration? It can be crucial for the success.
+Have you read the whitepaper? It’s usually a great source of information that can make or break your willingness to invest. It’s a good idea to also review the official website for any particular cryptocurrency.
+What about transaction fees and transfer speed? That can either be a huge negative factor or large advantage (if they are low and fast).
+Historical prices: While some cryptocurrencies are seriously volatile, others are considerably more stable. By looking at a historical crypto chart, you’ll get an idea over how it moves before and what might happen in the future.
+Vision and roadmap: What is the long term plan, vision and roadmap for the cryptocurrency? Are any interesting updates coming soon? Do they have a long term plan, indicating that there is huge ambition and potential?
+If the cryptocurrency you are looking into is near all time high, a great vision might be required. A crypto that’s taken a huge dip, might have more upside than a coin that’s just turning down from all time high.
+Never invest more than you can afford to lose.
Which are the top new cryptocurrencies in the UK 2023?
During the last few month, over 50 new cryptos are released every day on there ETH and Binance chain. There are cryptocurrencies for everyone, for all styles, risk levels and preferences. See our section about new cryptocurrencies in order to learn more.
Are blockchains popular in Britain?
Well, both developers and the general public in Britain are definitely warming up to the concept. Blockchain technology, the backbone of cryptocurrencies, is known for its tamper-proof, transparent, and decentralised nature. It’s not just about creating new cryptocurrencies either.
Many UK-based companies are exploring blockchain applications in various sectors like finance, supply chain, healthcare, and more. The public, on the other hand, are becoming more aware of this technology as it becomes more integrated into everyday services.
Why is Web3 and crypto big in Britain?
Well, there are a few reasons. The UK has a robust tech scene and a thriving financial market, making it a perfect breeding ground for cryptocurrencies and blockchain technology.
Plus, the UK government and regulatory bodies have been relatively open to cryptocurrencies compared to many other countries. This has encouraged more people to explore and invest in cryptocurrencies.
Is it easy to buy crypto in the UK?
Buying BTC has never been easier! There are numerous crypto exchanges and platforms that make it easy for you to buy, sell, and store cryptocurrencies. All you need is a digital wallet, and you’re good to go. And with the UK’s robust regulatory framework, you can rest assured knowing that your transactions are secure.
What to consider when choosing a crypto exchange?
Low fees? One of the most important factors for any crypto exchange is the fees. Everyone of us like the lowest possible fees, but many cryptocurrency exchanges have rather high ones. We’ve done our best to sort out and remove sites with too high fees.
Got an app? It’s almost standard today, but if your cryptocurrency exchange don’t have it – then it might be time to look for another one.
Which crypto pairs are available? The pairs can be a crucial factors for most people. While too many crypto pairs might mean that it’s harder to choose, it’s also a freedom for many to be able to buy everything from one single site.
Do they accept arbitrage? All buyers and sellers are different in the crypto world. Some love arbitrage, while others prefer to sit on a particular cryptocurrency for years. Make sure that you select an exchange allowing your preferred strategy.
What about staking? An increasing amount of exchanges are starting to offer staking rewards, a type of interest in the cryptocurrency world. If that is something that’s important for you, make sure to go with a website that has it.
Can I deposit with GBP? We only list crypto exchanges that allow deposits with pound sterling (GBP). If they for some reason only accept USD or EUR, they will be removed from our British crypto top list.
What about the jurisdiction? You would like to have a UK licensed crypto exchange if living in England, Wales or Scotland. We’ll make sure to not include any banned or non-licensed sites for British people one the top list above.
Do they have their own coin? Many wonder if the crypto exchange got their own coin. It can be exciting and part of the journey to invest a little in the coins of the main exchange that you use, such as Crypto.com (CRO), Biswap (BSW) or Kucoin (KCS). But always make your due diligence in order to avoid any further disappointments.
Which deposit & withdrawal methods exist? Perhaps you are looking for Paypal, VISA-card, Mastercard, Western Union or something totally different. Check out our overview page about payment methods in order to learn more.
Looking for a place without KYC? Actually, a lot of visitors do look for exchanges without ID verification or without any verification at all. In the end, that is a hugely risky strategy and we hope that you reconsider and only purchase any coins from trusted sources, that do the required KYC. We’re only selecting and showing exchanges and platforms that have minimum the lowest possible verification that the local laws require.
Get Coinbase App Rating: 9.3/10
Number of instruments: 39+ instruments
Description: Sign up to one of the best and most easy-to-use crypto platforms!
Risk warning: The crypto market is volatile. Don’t risk more money than you can afford to loose.
How much should I deposit?
Frankly, this varies massively amongst the various cryptocurrencies and it also depends on your budget, preferred risk level and acceptance of volatility. That said, many of the smallest customers in the UK start at around £50 or £100. For bigger wallets, it’s even more important to spread the risk and not go all into a single cryptocurrency.
UK based? Read our updated disclaimer
The UK financial regulatory body, known as the Financial Conduct Authority (FCA), has broadened the reach of the regulations on financial promotions in order to bolster the safety measures for resident users engaged in cryptoassets. As of 8th October 2023, all companies dealing with cryptoassets, such as Crypto Lists Ltd, are required to adhere to the updated guidelines when advertising to consumers in the UK.
In view of the potential for financial losses, the Financial Conduct Authority (FCA) identifies this investment as a high-risk endeavor. Here are the primary risks to consider:
- Possible complete loss of invested funds
The value of most cryptoassets can fluctuate dramatically, leading to swift declines as well as rapid increases. You should be prepared for the eventuality of losing all the capital you have put into cryptoassets.
The cryptoasset market lacks significant regulation, exposing your funds and assets to various risks such as cyber-attacks, financial crimes, and the possibility of firms collapsing.
- Limited protection in case of mishaps
Given that this particular investment does not fall under the category of ‘specified investment’ as per the UK regulatory system, the Financial Services Compensation Scheme (FSCS) does not extend its protective umbrella over it. As a result, any losses incurred are not covered by the FSCS. You can cross-check this information using the FSCS investment protection checker available here.
Moreover, the Financial Ombudsman Service (FOS) does not offer coverage for poor investment performance. However, if you have a complaint against an FCA regulated firm, the FOS may be able to consider it. Further details on FOS protection are accessible here.
- Potential difficulty in liquidating investments
The ease of selling cryptoasset investments cannot be guaranteed at all times, as it depends on various market dynamics, including the prevailing supply and demand factors.
Unforeseen operational glitches like technological breakdowns, cyberattacks, and mishandling of funds could lead to undesirable delays, rendering it impossible for you to sell your cryptoassets when desired.
- Complexity associated with cryptoasset investments
Investing in cryptoassets can be intricate, which might make it challenging for you to grasp the associated risks fully.
Conduct your own comprehensive research before diving into these investments. Always be wary of opportunities that seem too good to be true.
- Diversify your investments
Relying solely on a single type of investment can be precarious. Spreading your resources across various investment options can reduce your reliance on any one of them performing exceptionally well.
As a general guideline, it’s advisable not to allocate more than 10% of your funds to high-risk investments. Further details can be found here.
For additional insights on safeguarding your investments, you can visit the FCA’s website here.
To gather more information regarding cryptoassets, please visit the FCA’s website here.
Bitcoin breaks 50,000 GBP barrier in ATH push!
Tax breaks for foreign investors using UK crypto brokers
The UK now Europe's number one crypto economy
Russian invasion on Ukraine, day 2
