A crypto exchange is a platform where you can buy, sell, and sometimes store crypto. Many UK users start with an exchange because they make it relatively simple to convert pounds into crypto and back again.
What exchanges typically offer
- Buying and selling crypto, often with GBP.
- A place to hold crypto (usually a custodial wallet).
- Different fee structures, features, and supported assets.
What to check before choosing one
Fees, supported payment methods, UK availability, and security practices vary between platforms and change often. Always confirm the current details on the provider’s own website, and check the firm on the FCA Register. You can browse popular platforms on our compare page — we describe them neutrally and do not rank them.
Crypto is high risk and largely unregulated in the UK. You could lose all the money you invest, and most crypto is not protected by the FSCS or the Financial Ombudsman Service. This is educational information only, not financial advice. Only invest what you can afford to lose.