Safest Platforms To Buy Cryptocurrencies In The UK 2022

What are the safest platforms to buy cryptocurrencies in the UK? Buying cryptocurrencies in the United Kingdom today has been made easy and seamless by different platforms offering exchange services in the country.

The only problem most traders are being faced with is issues and doubts about the security of the system, and features among other options.

In today’s review, we will be writing extensively on cryptocurrency platforms you can buy from anywhere in the United Kingdom. So, let’s get on the ride.

Safest Platforms To Buy Cryptocurrencies In The UK

1. Etoro

If you’ve ever heard someone talk about the greatest platforms for online brokers and forex trading, they’ve probably mentioned eToro. It goes much beyond that. People who want to invest in cryptocurrencies, stocks, or FX, to name just a few in the United Kingdom.

You can buy and sell cryptocurrencies and foreign exchange on this flexible platform. So it’s safe to assume that eToro operates as an online broker for millions of investors throughout the world.

You can also invest in highly sought-after shares or equities from the United States, the United Kingdom, and numerous other growing worldwide markets through this website.

Forex and cryptocurrency trading is, however, the primary attractive point of this website.

As a result, this platform provides a wide range of opportunities to engage worldwide financial markets without language or border constraints.

Management at eToro uses an operational approach focusing on the needs of its customers, as we have seen firsthand.

That means that you may make more money from the platform.

Many of the platform’s functions can be used without incurring interest charges. Meaning: You keep 100% of the money you made. On top of that, trading on eToro eliminates the need to pay stamp duty and tax on transactions made using bank cards.

As an added benefit, you can pay for the platform’s various features with credit cards, PayPal, or Skrill. This shows that the platform’s focus is on its customers.

Online broker services that assist new investors are available on eToro, as well. It is possible for novice investors to learn from more experienced investors on the platform. Profiting from the various investing markets available to newbies.

The FCA is also keeping an eye on the platform’s operating procedures. In other words, your funds are secure. In addition, you may rest certain that the platform will continue to operate in the interests of its users to avoid penalties.

2. AQRU

London-based Accru Finance Ltd. owns the AQRU platform, which allows users to buy and sell cryptocurrency. The website provides an easy-to-use method for cryptocurrency investors to earn a return on their investments.

In the same way that traditional bank deposits work, the name ‘crypto savings account’ was coined to describe this type of account.

With the AQRU platform, experienced investment, payment, and technology professionals have created a straightforward way to generate a return on crypto assets. It currently supports BTC, ETH, USDT, USDC, and DAI as stable and non-stable coins respectively.

Accru Finance Ltd, the corporation behind AQRU, is governed by the Lithuanian Republic. However, even if UK investors aren’t able to take advantage of this, it gives the platform a significant boost in credibility.

Customers’ funds are safeguarded by AQRU and Fireblocks, the industry’s premier crypto wallet security provider, thanks to a $30 million reserve fund.

In spite of the fact that AQRU does not offer an AQRU exchange, it does give excellent returns on supported cryptos. An amazing 7 percent annual return is offered by AQRU to those who purchase Bitcoin or Ethereum through this exchange.

For the stablecoins stated earlier, AQRU offers annual returns of 12 percent. One of the most tempting aspects of AQRU is the fact that investors can get their money back at any time.

3. Bitstamp

Bitstamp is a convenient way to trade in the crypto markets, allowing you to buy and sell dozens of different cryptocurrencies and earn staking rewards on a few of them. However, while Bitstamp may be less expensive than competitors for some traders providing market liquidity, these traders stand to gain the most by transacting massive quantities each month.

There are several options out there for those who are only interested in trading a small amount of cryptocurrency. There is a limited amount of customer care offered by Bitstamp, which is in line with many of its competitors.

4. Crypto.com

If you’re seeking an economical, all-in-one cryptocurrency platform, Crypto.com may be ideal for you. If you have a lot of Cronos (CRO), you’ll reap the most rewards from this swap. Even without the CRO bonuses, it’s an excellent low-fee crypto exchange with over 150 cryptocurrencies in most parts of the United Kingdom.

Consider Crypto.com a cryptocurrency bank rather than an exchange or broker. There are no restrictions on using the exchange to acquire or sell bitcoins.

Through your DeFi wallet, you may also trade them with other users. In addition, you may use a prepaid Visa card to spend your bitcoin, making it an excellent alternative for making crypto payments.

Cryptocurrency loans are available in some countries; you can also get paid in crypto and put your money in an interest-earning account, these and many more are the benefits of using a crypto.com wallet.

5. Coinbase

Cryptocurrency brokers and exchanges like Coinbase, situated in the United States, allow customers to purchase and trade digital currencies. To put it simply, this is the world’s largest cryptocurrency trading platform, based in San Francisco.

The brokers’ user-friendly interface is a major factor in this. The platform is ideal for those who are new to cryptocurrency trading or investing.

Established in 2012 by Brian Armstrong and Fred Ehrsam, the exchange now accepts traders from more than 30 different nations.

FAQ

Read Also: Top 8 Best Crowdfunding Platforms for Individuals

Conclusion

To transact everything that needs to do with cryptocurrency in the UK, we have given you a list of trusted platforms and what is unique about these platforms, and all you need to know about them.

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