5 Best Crypto Apps UK 2022

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Looking for the best crypto app in the UK? Crypto investors need to keep up with the volatile crypto sector whilst they are on the move, so smartphone apps are on the rise. The best crypto apps in the UK allow you to flag up promising assets as well as buy, sell, exchange and even send crypto — all from your smartphone.

Below we review 5 apps. We particularly recommend those, like eToro’s, which have the backing of a financial regulator and offer a simple, slick trading experience.

The 5 Best Crypto Apps UK for 2022

Which one is the best crypto app in the UK? We review one broker app and four exchange apps. Broker apps tend to offer better regulation, whereas 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 Crypto App in the UK for Beginners

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eToro is a leading global broker that offers beginner-friendly cryptocurrency trading, as well as a wider offering of stocks, 250+ ETFs, commodities and indices. For a balanced portfolio, eToro gives you plenty of options.

eToro’s smartphone app provides the same slick crypto trading experience as on the desktop version. You can trade eToro’s full range of 45+ crypto and have eToro hold your digital assets for you — or, if you prefer, transfer certain crypto to your free eToro Money crypto wallet, which is arguably the best crypto wallet app. You can use your wallet to send/receive crypto, as well as buy crypto direct from the EtoroX digital asset platform.

Crypto newbies will be glad to hear that eToro’s powerful social trading tools are available on the smartphone app. Social trading means you do not have to make all the tough trading decisions on your own. You can copy more experienced traders for free using CopyTrader, or buy into strategic crypto portfolios with eToro’s crypto smart portfolios.

To buy crypto on the eToro app, search for your crypto by name, enter how much you want to spend and press ‘Trade’. It is that simple.

eToro’s app is the most downloaded in the UK. The app has received a review score of 4/5 from 111k Google Play reviews and 3.7/5 from 3.7k App Store reviews.

Visit eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Crypto.com – User-friendly App with Great Financing Options

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The Crypto.com trading app is billed as the ‘world’s fastest growing crypto app.’ With it you can trade 250+ crypto using bank transfer or credit card. Crypto.com offers its own in-house credit card which you can top up with fiat currency or crypto, as well as earn up to 8% back on purchases (paid in the in-house crypto CRO).

On this app you can access Crypto.com’s impressive crypto financing options. You can both borrow crypto with no credit check (collateral required) as well as lend out 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 review score of 3.7/5 from 276k Google Play reviews and 4.3/5 from 69k App Store reviews.

Visit Crypto.com Now

Your capital is at risk.

Houbi – Best App for Mac Users

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Houbi is a big Asian exchange with a growing business in the UK. What makes Houbi stand out are its huge range of crypto (348+ available), great joining incentives and impressive reviews for its smartphone app.

You can use 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 get rewarded with $20, and an ongoing sequence of incentives is offered to keep you depositing and trading. Like Crypto.com, Houbi offers a decent range of crypto finance, including staking and loans.

For security, Houbi holds client funds in multi-signature cold storage and maintains a 20,000 BTC Security Reserve Fund.

The app has received a review score of 4.5/5 from 30k Google Play reviews and 5/5 from 3.3k App Store reviews.

Visit Huobi Now

Your capital is at risk.

Coinbase – Best Crypto App for Security

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Coinbase exchange is a giant name in the crypto world. After becoming the first exchange to go public on the stock markets in 2021, you can trade its stock on eToro. Coinbase handles $2bn of crypto business a day, and offers (like eToro) a beginner-friendly experience.

With the Coinbase app you can trade in Coinbase’s full range of 158+ crypto. 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 around. And you can earn crypto from Coinbase for completing learning modules.

Visit Coinbase Now

Your capital is at risk.

Binance – Giant Range of Crypto and Trading Options

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As the world’s biggest crypto exchange, Binance offers 400+ crypto to trade as well as a range of trading and finance options that might be a little overwhelming for the crypto beginner. Just as well then that the Binance smartphone app defaults automatically to ‘Binance Lite’ mode, which keeps your options simple.

The Binance app is well worth a look for its trading fees alone: just 0.1% commission on crypto trades and the tight spreads you would expect from the exchange with the biggest liquidity.

The app has received a review score of 4.1/5 from 616k Google Play reviews and 4.7/5 from 101k App Store reviews.

Visit Binance Now

Your capital is at risk.

How to Choose the Best Crypto App UK for You

Regulation

Regulation is a key issue with crypto apps. With regulation from the stringent Financial Conduct Authority of the UK, we recommend eToro as the best crypto app in the UK.

User experience

We have yet to review an exchange app which has not had teething problems with verification procedures. We recommend you get verified on your desktop computer, then download the smartphone app; it is less fiddly and more reliable.

Tradable Cryptos

All apps under review offer the main crypto blockchains, including the giants of the sector Bitcoin (BTC) and Ethereum (ETH).

Fees

eToro is the only app under review which offers zero commission on crypto trades to UK and European investors.

Tools and Features

Look out for the facility to keep an eye on crypto you do not own. Etoro offers a handy watchlist, for example.

How to Use a Crypto Trading App in the UK

UK crypto apps generally work the same way. Get going with five simple steps:

1. Sign up with leading broker eToro

Head to eToro.com and sign up. Fill in a few details or use Google/Facebook.

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2. Verify your ID with eToro

Supply scans proving who you are and where you live. Use a valid passport for the quickest verification.

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3. Download the eToro App

Head to Google Play or the App Store. Search for ‘eToro’.

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Download and install the app.

4. Deposit Funds

With eToro, you can deposit GBP with no deposit fee using credit/debit card, bank transfer and a variety of e-wallets.

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5. Buy Crypto with eToro in Seconds

Search for crypto in the top toolbar.

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Press ‘Trade’.

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Enter the amount you want to spend. Press ‘Open Trade’. Done!

Conclusion

eToro stands out here as the best crypto trading app. With FCA regulation and faithful transfer of the slick eToro desktop interface, the eToro smartphone app gives you excellent crypto trading options and high security on the move — for free.

Buy Cryptos on eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk

Disclaimer: The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto/NFTs are unregulated, highly risky, and there may be no regulatory recourse for any loss from such transactions. Readers to exercise caution/due diligence, and comply with all applicable laws, including but not limited to taxation laws. Above content does not constitute investment advice nor promotes, suggests or presents Crypto/NFTs to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.

Disclaimer: Content Produced by CryptoPR



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