Binance is no longer available to new UK users, which makes choosing a compliant alternative essential in 2026.
This guide compares the best Binance alternatives in the UK, focusing on FCA registration, GBP deposits, fees, and ease of use, so you can choose a safer crypto platform that fits your trading or investing needs.
Key takeaway: What’s the best Binance alternative in the UK in 2026?
The best Binance alternative in the UK is Kraken if you want the closest like-for-like trading experience, with low fees on Kraken Pro, deep liquidity, and strong security. If you prefer an all-in-one crypto ecosystem with trading, staking, rewards, and a Visa card, Crypto.com is the strongest option. Beginners who value simplicity and social features over advanced trading tools may find eToro a better fit.
Is Binance available in the UK?
No. Binance does not currently accept new UK users.
Binance has paused onboarding for UK retail customers after failing to meet the Financial Conduct Authority’s crypto marketing requirements.
As a result, UK residents cannot open new Binance accounts, and the platform is effectively unavailable to new users in the UK.
- Binance is not FCA-authorised and does not have an approved UK promotions partner.
- New UK users cannot sign up for Binance.
- Crypto derivatives, futures, margin trading, and other high-risk products are banned for UK retail users.
- Cryptoassets are not FSCS protected, which applies across all UK platforms.
Closest to Binance – UK alternatives ranked
- Kraken – Closest overall to Binance. Deep liquidity, advanced order types, low Pro fees, and a serious trading interface make Kraken the nearest like-for-like replacement for Binance spot trading in the UK.
- Crypto.com – Closest ecosystem match. Broad coin coverage, an advanced exchange, staking, and extras like cards and rewards mirror Binance’s “everything in one place” approach.
- Coinbase – Closest for reliability and scale. Large asset list and strong liquidity, but higher fees and fewer advanced features than Binance, unless you use Advanced or a subscription.
- Bitpanda – Closest for simplicity and coin choice. Huge selection with easy pricing, but lacks pro trading tools and ultra-low fees Binance users may expect.
- eToro – Least similar, safest pivot. Best for ease and social features rather than Binance-style trading depth; suits users shifting away from active crypto trading.
Top Binance alternatives UK – feature comparison
| Platform | Fee structure | Ease of use | Asset range | Standout feature |
|---|---|---|---|---|
| eToro | ~1% crypto spread | Very easy | 3,000+ assets (stocks, ETFs, crypto) | Copy trading and social investing |
| Kraken | 0.25% maker / 0.40% taker (Pro) | Moderate | 490+ cryptocurrencies | Industry-leading security and low Pro fees |
| Coinbase | ~0.5% spread + 1.5–4% | Very easy | 250+ cryptocurrencies | Fast onboarding and instant cashouts |
| Bitpanda | ~1.49% spread | Very easy | 600+ cryptocurrencies | Huge coin selection with simple pricing |
| Crypto.com | From 0.4% (Exchange) | Easy–moderate | 400+ cryptocurrencies | Visa card, rewards, all-in-one ecosystem |
1. eToro – Best for beginners and social trading
Why choose eToro?
eToro is an excellent choice for users who want multi-asset access and social investing in one place. It combines low-cost stock and ETF trading, fast account opening, and one of the strongest copy trading systems available. Downsides include higher crypto and FX costs, a $5 withdrawal fee, and customer support that can be slow at peak times.
Key info at a glance
| Feature | eToro UK |
|---|---|
| Regulation | FCA authorised |
| FSCS protection | Up to £85,000 for eligible investments. Crypto not protected |
| Minimum deposit | $50 |
| GBP deposits | Yes |
| Stock & ETF fees | 0% commission |
| Crypto trading fee | ~1% per trade |
| Copy trading | Yes |
| Mobile app | Excellent |
| ISA availability | Via partner |
Is this exchange FCA-registered and suitable for UK users?
Yes. eToro is authorised and regulated by the UK Financial Conduct Authority, making it suitable for UK users. UK clients open accounts with eToro UK Ltd, benefit from UK safeguarding rules, and have FSCS protection up to £85,000 for eligible investments. Cryptoassets are not FSCS protected, which is standard across UK platforms.
How competitive are the trading fees and spreads?
Fees are competitive for stocks but higher for crypto and some CFDs. Real stocks and ETFs are 0% commission for UK users. Forex and index CFDs are spread-only with average pricing, while spot crypto costs around 1% per trade, which is higher than specialist crypto exchanges.
How easy are GBP deposits and withdrawals in the UK?
GBP funding is straightforward via Faster Payments and debit cards. Deposits are usually instant for cards and 1 to 2 business days for bank transfers. There are no deposit fees, but a $5 withdrawal fee applies and currency conversion fees can apply if you move funds outside your base currency.
What crypto assets, tools, and features are available?
eToro offers a broad crypto range plus standout social tools. UK users can buy and sell 140+ cryptocurrencies as real assets, use a built-in wallet, and access CopyTrader and Smart Portfolios. Advanced charting is limited compared with pro platforms, but the app prioritises clarity and ease of use.
Who is this platform best for?
eToro is best for beginners and casual investors who want stocks, ETFs, and crypto in one easy app. It suits users interested in copy trading, mobile-first investing, and simple portfolio tracking. Fee-sensitive crypto traders or advanced CFD scalpers may prefer specialist platforms.
Read the complete eToro review here.
| Pros | Cons |
|---|---|
| 0% commission on real stocks and ETFs | High crypto fees vs specialist exchanges |
| FCA regulated and UK compliant | $5 withdrawal fee |
| Excellent mobile app and onboarding | Currency conversion costs |
| CopyTrader and Smart Portfolios | Limited advanced charting |
2. Bitpanda – Best for simple long-term crypto investing
Why choose Bitpanda?
Bitpanda is a solid choice for users who want a simple, transparent way to invest in crypto from the UK. It offers access to 600+ cryptocurrencies, a very low £1 minimum trade, and zero fees on GBP deposits and withdrawals, all wrapped in a beginner-friendly app with strong security. The main drawbacks are higher spreads than pro exchanges, no demo account, and crypto-only access in the UK.
Key info at a glance
| Feature | Bitpanda UK |
|---|---|
| Regulation | FCA-registered for cryptoasset activities |
| FSCS protection | No. Crypto is not FSCS protected |
| Minimum deposit | £10 |
| Minimum trade | £1 |
| GBP deposits | Yes |
| Trading fee | ~1.49% spread |
| Deposit & withdrawal fees | £0 |
| Assets available | 600+ cryptocurrencies |
| Staking | Yes |
| Mobile app | Excellent |
Is this exchange FCA-registered and suitable for UK users?
Yes. Bitpanda is registered with the Financial Conduct Authority for cryptoasset services, meaning it complies with UK AML rules, marketing standards, risk warnings, and cooling-off requirements. However, crypto remains unregulated in the UK, so FSCS and Financial Ombudsman protection do not apply.
How competitive are the trading fees and spreads?
Bitpanda uses a simple spread-based pricing model, typically around 1.49% per trade. This is more expensive than pro exchanges like Kraken Pro, but cheaper than Coinbase card fees and far easier to understand for beginners. There are no deposit, withdrawal, or inactivity fees, which keeps overall costs predictable.
How easy are GBP deposits and withdrawals in the UK?
GBP funding is very easy. UK users can deposit via Faster Payments, debit card, PayPal, and Apple Pay, with no fees. Card and wallet deposits are instant, and bank transfers are fast. Fiat withdrawals are also fee-free, with only standard blockchain fees applying to crypto withdrawals.
What crypto assets, tools, and features are available?
Bitpanda offers one of the largest crypto selections in the UK, with 600+ coins, crypto indices, and staking on 50+ assets. You buy real crypto, not CFDs, and can withdraw to external crypto wallets. Tools focus on simplicity, including limit orders, alerts, portfolio tracking, and educational content rather than advanced trading features.
Who is this platform best for?
Bitpanda is best for beginners and long-term crypto investors who want simplicity, transparency, and wide coin choice. It suits users starting small, staking crypto, or building a diversified long-term portfolio. Active day traders or users wanting leverage, futures, or advanced charting may prefer specialist exchanges.
Read the complete Bitpanda review here.
Pros and cons
| Pros | Cons |
|---|---|
| 600+ cryptocurrencies, largest UK selection | Crypto-only in the UK |
| £1 minimum trade, very beginner-friendly | No demo account |
| Zero GBP deposit and withdrawal fees | Higher spreads than pro exchanges |
| Strong security and FCA registration | No live chat or phone support |
| Staking and crypto indices available | Limited advanced trading tools |
3. Kraken – Best for security and low trading fees
Why choose Kraken?
Kraken is a strong choice for UK users who prioritise security, regulation, and low trading fees, especially when using Kraken Pro. It is one of the longest-established exchanges globally, offers deep liquidity and 490+ cryptocurrencies, and publishes transparent Proof-of-Reserves audits. The trade-off is a more advanced interface and higher fees if you use Instant Buy instead of Pro.
Key info at a glance
| Feature | Kraken UK |
|---|---|
| Regulation | FCA-registered for AML |
| FSCS protection | No. Crypto not protected |
| Minimum deposit | £1 via bank transfer |
| GBP deposits | Yes (Faster Payments) |
| Trading fees (Pro) | 0.25% maker / 0.40% taker |
| Instant Buy fees | ~1% + spread |
| Supported coins | 490+ |
| Staking | Yes |
| Mobile apps | Kraken + Kraken Pro |
Is this exchange FCA-registered and suitable for UK users?
Yes. Kraken operates in the UK via Payward Ltd and is FCA-registered for cryptoasset AML compliance. This means strong identity checks, UK marketing rules, and cooling-off periods apply. However, crypto is not FSCS protected, which is standard across UK exchanges.
How competitive are the trading fees and spreads?
Fees are very competitive on Kraken Pro, starting at 0.25% maker and 0.40% taker, with lower rates at higher volumes. The Standard “Instant Buy” option is easier but costs more at around 1% plus spread, so active traders are better off using Pro.
How easy are GBP deposits and withdrawals in the UK?
GBP funding is one of Kraken’s strengths. Faster Payments deposits are usually near-instant and free, with £1 minimums. Withdrawals are fast and reliable, though fees can range from £1 to £35 depending on method. Card and PayPal funding is available but more expensive.
What crypto assets, tools, and features are available?
Kraken supports 490+ cryptocurrencies, staking, Earn features, and advanced trading via Kraken Pro. Tools include full order books, TradingView-style charts, APIs, and multiple order types. UK users cannot access margin or futures, but spot trading and staking are fully supported.
Who is this platform best for?
Kraken is best for security-focused UK investors and active traders who want low fees on Kraken Pro and a highly regulated, stable exchange. Beginners can use it, but may find the Pro interface complex. Users wanting the cheapest instant buys or a very simple app may prefer alternatives.
Read the complete Kraken review here.
Pros and cons
| Pros | Cons |
|---|---|
| Very strong security and Proof-of-Reserves | Instant Buy fees are high |
| FCA-registered and highly trusted | No UK margin or futures |
| Low fees on Kraken Pro | Pro interface can feel complex |
| 490+ coins with deep liquidity | No FSCS protection |
| Fast GBP deposits via Faster Payments | Verification can take time |
4. Coinbase – Best for first-time crypto buyers
Why choose Coinbase?
Coinbase is one of the easiest and safest ways for UK users to buy Bitcoin and other cryptocurrencies, making it especially popular with beginners. It offers a very intuitive app, instant GBP deposits, strong security, and access to 250+ cryptocurrencies. The main downside is higher fees than most competitors, particularly if you don’t use Coinbase Advanced or Coinbase One.
Key info at a glance
| Feature | Coinbase UK |
|---|---|
| Regulation | FCA-registered for cryptoasset activities |
| FSCS protection | No. Crypto not FSCS protected |
| Minimum deposit | No fixed minimum |
| Minimum trade | ~£2 |
| GBP deposits | Yes (Faster Payments) |
| Trading fees | ~0.5% spread + 1.5%–4% |
| Advanced trading fees | From ~0.6% (maker–taker) |
| Supported coins | 250+ |
| Staking | Yes |
| Mobile app | Excellent |
Is this exchange FCA-registered and suitable for UK users?
Yes. Coinbase is registered with the FCA for UK crypto compliance, meaning it follows UK AML rules, marketing standards, and cooling-off requirements. However, crypto investments are not covered by the FSCS, which is a key risk UK users should understand.
How competitive are the trading fees and spreads?
Fees are high compared with most UK crypto exchanges. Standard Coinbase charges a spread of around 0.5% plus transaction fees that can reach 1.5%–4%, depending on payment method. Coinbase Advanced is cheaper, using a maker-taker model, but still costs more than Kraken Pro.
How easy are GBP deposits and withdrawals in the UK?
GBP deposits are one of Coinbase’s biggest strengths. Faster Payments deposits are free and usually instant, and withdrawals typically arrive within 1–3 business days. Debit cards allow instant purchases but come with higher fees. Crypto withdrawals are fast and reliable.
What crypto assets, tools, and features are available?
Coinbase offers 250+ cryptocurrencies, staking on major assets like ETH and SOL, recurring buys, price alerts, and Learn & Earn rewards. You can switch seamlessly between Coinbase (simple) and Coinbase Advanced (pro tools). It supports real crypto only, not CFDs or leverage.
Who is this platform best for?
Coinbase is best for beginners and casual UK investors who value simplicity, security, and fast GBP access. It’s also good for long-term holders and staking mainstream coins. Active traders and fee-sensitive users may prefer lower-cost alternatives.
Read the complete Coinbase review here.
Pros and cons
| Pros | Cons |
|---|---|
| Extremely beginner-friendly | Higher fees than most competitors |
| Strong security and trusted brand | Confusing fee structure |
| Instant GBP deposits | No FSCS protection |
| Large crypto selection | No demo account |
| Learn & Earn rewards | Customer support can be slow |
5. Crypto.com – Best for all-in-one crypto features and rewards
Why choose Crypto.com?
Crypto.com is a strong all-in-one crypto platform for UK users who want more than just buying and selling coins. It combines a feature-rich mobile app, competitive exchange fees, a popular Visa cashback card, and access to hundreds of cryptocurrencies. The trade-offs are a complex ecosystem, higher card purchase fees, and mixed customer support feedback.
Key info at a glance
| Feature | Crypto.com UK |
|---|---|
| Regulation | FCA-registered for cryptoasset AML |
| FSCS protection | No. Crypto not FSCS protected |
| Minimum deposit | No fixed minimum (bank transfer) |
| Minimum trade | Varies by asset |
| GBP deposits | Yes (Faster Payments) |
| Trading fees (Exchange) | From ~0.4% maker / taker (lower with volume or CRO) |
| Card purchase fees | ~2.99% |
| Supported coins | 400+ |
| Staking / Earn | Yes |
| Mobile app | Very good |
Is this exchange FCA-registered and suitable for UK users?
Yes. Crypto.com is registered with the FCA for cryptoasset AML compliance, meaning it follows UK rules on identity checks, marketing standards, and cooling-off requirements. However, cryptoassets are not FSCS-protected, so UK users are not covered if the platform fails.
How competitive are the trading fees and spreads?
Fees are competitive on the Crypto.com Exchange, with maker–taker rates starting around 0.4% and falling significantly at higher volumes or with CRO staking. App-based instant purchases are more expensive, and debit/credit card buys typically cost around 2.99%, which is higher than bank-funded trades.
How easy are GBP deposits and withdrawals in the UK?
GBP deposits via Faster Payments are straightforward and usually fast. Bank transfers are generally free, while GBP withdrawals carry a standard fee and minimum withdrawal amount. Card purchases are instant but expensive. Crypto deposits are free, while crypto withdrawals incur network fees.
What crypto assets, tools, and features are available?
Crypto.com supports 400+ cryptocurrencies, real spot trading (no UK retail derivatives), staking and Earn products, Crypto Baskets, an NFT marketplace, and a separate advanced Exchange with order books and lower fees. The Crypto.com Visa Card offers cashback rewards, and a DeFi Wallet is available for self-custody users.
Who is this platform best for?
Crypto.com is best for UK users who want an all-in-one crypto ecosystem, including trading, staking, rewards, and spending via a Visa card. It suits beginners willing to learn a feature-rich app and intermediate traders using the Exchange. Fee-sensitive users making frequent card purchases or those wanting a very simple interface may prefer alternatives.
Read the complete Crypto.com review here.
Pros and cons
| Pros | Cons |
|---|---|
| Wide all-in-one crypto ecosystem | App and Exchange separation can confuse |
| Competitive Exchange fees | Card purchase fees are high |
| 400+ cryptocurrencies | Customer support can be slow |
| Visa card with cashback rewards | CRO lockups needed for top perks |
| Strong security and Proof of Reserves | No FSCS protection |
Which Binance alternative suits you best?
The best Binance alternative for you depends on whether you prioritise low fees, simplicity, or an all-in-one crypto ecosystem.
- Choose Kraken if you want the closest Binance-style trading experience. It offers low fees on Kraken Pro, deep liquidity, advanced order types, strong security, and fast GBP deposits, making it the best overall replacement for active and fee-conscious UK traders.
- Choose Crypto.com if you want the most complete all-in-one ecosystem. It combines spot trading, staking, rewards, a Visa cashback card, and hundreds of cryptocurrencies in one platform, similar to Binance’s “everything in one place” model.
- Choose eToro if you are a beginner or casual investor. It focuses on ease of use, copy trading, and multi-asset investing rather than advanced crypto trading depth.
- Choose Bitpanda if you are a long-term crypto investor. It offers simple pricing, £1 minimum trades, and one of the largest coin selections in the UK, without complex tools.
- Choose Coinbase if you value reliability and simplicity. It is ideal for first-time buyers who want fast GBP access and a very intuitive app, but fees are higher than most alternatives.
Key takeaway: Kraken is the strongest overall Binance replacement in the UK. Crypto.com is best if you want an all-in-one crypto ecosystem. The right choice ultimately comes down to whether you value low fees, simplicity, or extra features. Cryptoassets are not FSCS protected on any UK platform.
FAQs
Which is the cheapest Binance alternative?
Kraken is usually the cheapest option if you use Kraken Pro, with fees from 0.25% maker / 0.40% taker. Crypto.com’s Exchange can be competitive, while Coinbase and Bitpanda tend to cost more due to spreads.
Are Binance alternatives safe to use in the UK?
Yes. Major alternatives like Kraken, Coinbase, Bitpanda, and Crypto.com are FCA-registered for cryptoasset activities and use cold storage and other security measures. Crypto is not FSCS protected, so investment risk remains.
Can I find Binance alternatives with more cryptocurrencies?
Yes. Bitpanda offers 600+ coins, Crypto.com around 400+, and Kraken roughly 490+, all more than Binance currently offers to new UK users.
