Looking for the best crypto app in the UK? Crypto investors need to keep up with the volatile crypto sector while on the go, so smartphone apps are on the rise. The best UK crypto apps allow you to flag promising assets as well as buy, sell, trade and even send crypto, all from your smartphone.
Below we review 5 apps. We particularly recommend those, like eToro, which have the backing of a financial regulator and offer a smooth and simple trading experience.
The 5 Best UK Crypto Apps for 2022
What is the best crypto app in the UK? We are looking at one brokerage app and four exchange apps. Brokerage apps tend to offer better regulation, while exchange apps tend to offer a better range of crypto.
- eToro – Best Crypto app with tight spreads
- Crypto.com – User friendly and hot on crypto finance.
- Houbi – Best app for Mac users.
- Coinbase – Trusted crypto exchange
- Binance – Giant range of crypto and trading options.
The Best UK Crypto Trading Apps Reviewed
Let’s review the best apps to buy crypto.
Broker eToro – Best UK Crypto App for Beginners
eToro is a leading global broker that offers beginner-friendly cryptocurrency trading, as well as a broader offering of stocks, over 250 ETFs, commodities, and indices. For a balanced portfolio, eToro offers you many options.
eToro’s smartphone app offers the same smooth crypto trading experience as the desktop version. You can trade eToro’s full range of over 45 cryptos and have eToro hold your digital assets for you – or, if you prefer, transfer some cryptos to your free eToro Money crypto wallet, which is arguably the best app of crypto wallet. You can use your wallet to send/receive crypto, as well as buy crypto directly on the EtoroX digital asset platform.
Crypto newbies will be delighted to hear that eToro’s powerful social trading tools are available on the smartphone app. Social trading means you don’t have to make all the tough trading decisions yourself. You can copy more experienced traders for free using CopyTrader, or buy strategic crypto wallets with eToro’s smart crypto wallets.
To buy cryptos on the eToro app, search for your crypto by name, enter the amount you want to spend and tap “Trade”. It’s as simple as that.
eToro’s app is the most downloaded in the UK. The app has received a rating of 4/5 from 111,000 reviews on Google Play and 3.7/5 from 3.7,000 reviews on the App Store.
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Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
Crypto.com – User-friendly app with great funding options
The Crypto.com trading app is billed as “the fastest growing crypto app in the world”. With it, you can trade more than 250 cryptos by bank transfer or credit card. Crypto.com offers its own in-house credit card that you can top up with fiat or crypto, as well as earn up to 8% back on purchases (paid in in-house crypto CRO).
On this app, you can access Crypto.com’s awesome crypto funding options. You can both borrow crypto without credit check (collateral required) and lend crypto to earn rewards; on crypto you can earn up to 8.5% APY and up to 14% on stablecoins. This app also acts as your free wallet, allowing you to withdraw crypto to another blockchain address for a small fee.
The app has received a rating of 3.7/5 from 276,000 reviews on Google Play and 4.3/5 from 69,000 reviews on the App Store.
Visit Crypto.com now
Your capital is in danger.
Houbi – Best App for Mac Users
Houbi is a major Asian exchange with growing business in the UK. What sets Houbi apart is its huge range of crypto (over 348 available), excellent membership incentives, and impressive reviews for its smartphone app.
You can use a credit card or fiat currency to buy crypto on the Houbi app, as well as trade up to 5x leverage with margin trading. For simply signing up with Houbi, you are rewarded with $20, and an ongoing sequence of incentives are offered for you to deposit and trade. Like Crypto.com, Houbi offers a decent range of crypto finance, including staking and lending.
For security reasons, Houbi holds client funds in a multi-signature cold store and maintains a safety reserve fund of 20,000 BTC.
The app has received a rating of 4.5/5 from 30,000 reviews on Google Play and 5/5 from 3.3,000 reviews on the App Store.
Visit Huobi Now
Your capital is in danger.
Coinbase – Best Crypto App for Security
The Coinbase exchange is a giant name in the crypto world. After becoming the first exchange to go public in 2021, you can trade its shares on eToro. Coinbase manages $2 billion in revenue per day and offers (like eToro) a beginner-friendly experience.
With the Coinbase app, you can trade the full range of over 158 coins from Coinbase. To get started, you link your bank account to the app to deposit funds. You can then link the app to the Coinbase wallet app to move your crypto. And you can earn crypto from Coinbase for completing learning modules.
Visit Coinbase now
Your capital is in danger.
Binance – Giant Range of Crypto and Trading Options
As the largest crypto exchange in the world, Binance offers over 400 cryptos to trade along with a range of trading and funding options that might be a bit overwhelming for the crypto newbie. As well as the Binance smartphone app automatically defaults to “Binance Lite” mode, simplifying your options.
The Binance app is well worth a look just for its trading fees: just 0.1% commission on crypto trades and the tight spreads you’d expect from the exchange with the most liquidity.
The app has received a rating of 4.1/5 from 616,000 reviews on Google Play and 4.7/5 from 101,000 reviews on the App Store.
Visit Binance now
Your capital is in danger.
How to Choose the Best UK Crypto App for You
Regulation is a key issue with crypto applications. With regulation from the strict UK Financial Conduct Authority, we recommend eToro as the best crypto app in the UK.
We have yet to review a swap app that hasn’t had startup issues with verification procedures. We recommend getting verified on your desktop computer and then downloading the smartphone app; it is less tedious and more reliable.
All the applications studied offer the main crypto blockchains, including industry giants Bitcoin (BTC) and Ethereum (ETH).
eToro is the only app under review that offers zero commission on crypto trades to UK and EU investors.
Tools and features
Look for the ability to keep tabs on crypto you don’t own. Etoro offers a handy watchlist, for example.
How to Use a UK Crypto Trading App
UK crypto apps generally work the same way. Get started in five simple steps:
1. Sign up with leading broker eToro
Go to eToro.com and register. Fill in some details or use Google/Facebook.
2. Verify your ID with eToro
Provide scans proving who you are and where you live. Use a valid passport for the fastest verification.
3. Download the eToro app
Go to Google Play or the App Store. Search for “eToro”.
Download and install the app.
4. Deposit funds
With eToro, you can deposit GBP with no deposit fee using credit/debit card, wire transfer and a variety of e-wallets.
5. Buy crypto with eToro in seconds
Search for crypto in the top toolbar.
Enter the amount you want to spend. Tap “Open Trade”. Ended!
eToro stands out here as the best crypto trading app. With FCA regulations and the faithful transfer of eToro’s sleek desktop interface, the eToro smartphone app gives you great crypto trading options and high security on the go – for free.
Buy crypto on eToro now
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU. Your capital is in danger
Warning: The above content is not editorial, and BCCL hereby disclaims all warranties, express or implied, with respect thereto, and does not necessarily warrant, guarantee or endorse any content. Crypto/NFTs are unregulated, are very risky, and there may be no regulatory recourse for any losses resulting from such transactions. Readers should exercise caution/due diligence and comply with all applicable laws, including but not limited to tax laws. The above content does not constitute investment advice or promote, suggest or present Crypto/NFT to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.