eToro
Key Features
Award-winning Cryptocurrency trading platform
11 payment methods, including PayPal
FCA & Cysec regulated
Min Deposit
£160
United Kingdom
Key Features
Award-winning Cryptocurrency trading platform
11 payment methods, including PayPal
FCA & Cysec regulated
Payment Methods
Credit Card, Debit Card, Wire Transfer, PayPal, Skrill, NETELLER, Yandex, WebMoney, UnionPay, Western Union, MoneyGram
eToro is a social trading platform based in Cyprus. The company has revolutionised the online trading industry by introducing innovative ways for traders to capitalise from the financial markets.
eToro is a multi-asset platform which offers CFD and non CFD products. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CEX
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Min Deposit
£1
United Kingdom
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies
Cex.io offers exchange of fiat currency for Bitcoin and Ethereum, as well as Bitcoin/Ethereum trading against the USD.
Wirex
Key Features
Convert and spend cryptocurrencies in store with the Wirex Card.
No Fees on Cryptocurrency purchases.
0.5% Cryptoback™ (cashback) on all in store card purchases.
Min Deposit
£25
United Kingdom
Key Features
Convert and spend cryptocurrencies in store with the Wirex Card.
No Fees on Cryptocurrency purchases.
0.5% Cryptoback™ (cashback) on all in store card purchases.
Payment Methods
Credit Card, Debit Card, Wire Transfer
XTB
Key Features
Best Cryptocurrency broker 2019 by Good Money Guide
Regulated in several major financial centers including FCA
230,000+ traders globally, full money clients segregation
Min Deposit
£250
United Kingdom
Key Features
Best Cryptocurrency broker 2019 by Good Money Guide
Regulated in several major financial centers including FCA
230,000+ traders globally, full money clients segregation
Payment Methods
Bank Transfer, Credit Card, PayPal, Skrill
A global regulated broker with more than 14 years experience, XTB is one of the largest stock exchange-listed FX & CFD brokers in the world. They have offices in over 13 countries including UK, Poland, Germany, France and Turkey. XTB as a group is also regulated by the world's biggest supervision authorities including the Financial Conduct Authority, KNF, and CMB.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bithoven
Key Features
Highest liquidity
858 crypto pairs available for trading
Customer Care Team working 7 days a week
Min Deposit
£1
United Kingdom
Key Features
Highest liquidity
858 crypto pairs available for trading
Customer Care Team working 7 days a week
Payment Methods
Cryptocurrencies
Bithoven is an up-and-coming cryptocurrency exchange platform where you can buy and sell altcoins and tokens quickly, safely and beneficially. We do not impose any limits on the number of daily withdrawals or deposits, thus, nothing will restrain your financial acumen. By choosing Bithoven, you opt for impeccable uptime, fault tolerance and advanced functionality.
Margin trading involves a high level of risk since leverage can work both to your advantage and disadvantage. You should carefully consider your objectives, level of experience and risk appetite
Coinmama
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Min Deposit
£1
United Kingdom
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Payment Methods
Debit Card
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
24option
Key Features
Leader in Crypto CFDs
Cryptocurrency Education Centre
Easy to use Trading Platform
Min Deposit
£200
United Kingdom
Key Features
Leader in Crypto CFDs
Cryptocurrency Education Centre
Easy to use Trading Platform
Payment Methods
Credit Card, Debit Card, Skrill
24Option is an online CFD broker providing an intuitive trading platform designed with the latest technological advancements that are geared towards new traders as well as professionals.
EuropeFX
Key Features
24/5 multilingual customer support
Low minimum deposit
Easy deposit methods
Min Deposit
£200
United Kingdom
Key Features
24/5 multilingual customer support
Low minimum deposit
Easy deposit methods
Payment Methods
Credit Card, Debit Card, Wire Transfer, Skrill, UnionPay
Investous
Key Features
Daily market updates and news
Daily market analysis and historical data
Online webinars
Min Deposit
£250
United Kingdom
Key Features
Daily market updates and news
Daily market analysis and historical data
Online webinars
Payment Methods
Credit Card, Skrill, Wire Transfer
Investous even new platform has already established a solid reputation as a portal that's built around the evolving needs of its members. It provides a smooth simple and streamlined interface that supports intelligent and intuitive trading, with a wide range of popular assets, superb educational tools and responsive customer service.
79.86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Luno
Key Features
Expert team
Trusted provider
Backing from leading investors
Min Deposit
£1
United Kingdom
Key Features
Expert team
Trusted provider
Backing from leading investors
Payment Methods
Bank Transfer, Credit Card
Luno is on a mission to improve the worlds financial system and have recruited some of the best talent to do so.
Coinbase
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Min Deposit
£1
United Kingdom
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
£1
United Kingdom
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

What is a Fiat-Crypto Exchange?

With the best fiat to crypto exchange platforms, you can easily change your fiat money (Pounds, Dollars, Euros etc) into cryptocurrencies such as Bitcoin, Ethereum, Litecoin currency and so on. On other kinds of exchange, you switch one type of cryptocurrency to another by, for example, buying Bitcoin Cash with Ethereum. For the latter, we’ve prepared a guide to crypto-crypto types exchanges. You might also want to read our guide to the best broker type exchanges and our explanation and guide to peer-to-peer exchanges.

The best fiat-crypto exchange sites give you a tremendous amount of flexibility. You can buy your first digital coins using the everyday currency that you are most comfortable with.

The Most Popular Bitcoin Fiat to Crypto Exchanges

Here are the best and most popular exchanges for turning fiat money into virtual currencies without any hassle.

–  eToro –  Coinbase–  Changelly–  Coinmama–  CEX

eToro

This is a slick, reputable cryptocurrency broker exchange that is trusted by many users around the planet due to it being regulated and never having suffered a security breach to date. In our eToro review, we have explained that it is regarded as a social trading network and offers copy trading, with the option of switching fiat to cryptocurrencies to come shortly.  You can visit eToro now to see for yourself what makes this platform different from the competition.

Advantages of eToro

–  Highly regulated exchange-  Trusted by millions of users in over 100 countries-  Powerful copy trading features so that you can copy successful traders-  Good range of cryptocurrencies and fiat currencies accepted-  No known hacks or security weaknesses

Disadvantages of eToro

–  Fiat to crypto transactions currently only available in the form of investments in cryptocurrency CFDs, but more options will be added later

Coinbase

Our Coinbase review points out that this is classed as the world’s biggest Bitcoin exchange and one of your best fiat to crypto exchange options. The Coinbase platform is also regarded as ideal for newcomers to cryptocurrencies because it’s very easy to use as well as secure.

Advantages of Coinbase

–  Extremely easy for beginners to use-  Multi-signature wallets allow you to keep full control over your Bitcoin-  This fiat-crypto exchange also insures all deposits made on it-  Simple, speedy process for sending money anywhere

Disadvantages of Coinbase

–  Currently only available in GBP, USD, Euros-  A weekly cap on how much cryptocurrency you can buy, which might put you off if you plan on making large, frequent purchases

Changelly

The Changelly exchange is perhaps best known for being among the first exchanges that let people switch from one cryptocurrency to another. However, Changelly is also a fiat-crypto exchange broker, meaning that you get a great deal of flexibility in moving your money around from your everyday currency to Bitcoin, Ethereum coins and other cryptocurrencies.

Advantages of Changelly

–  Covers an extremely wide range of crypto coins and fiat currencies –  The service is available on a global basis-  Very fast money transfers-  Very easy to use site that doesn’t require the user to be a crypto expert

Disadvantages of Changelly

–  USD and Euros are the only fiat currencies currently accepted-  Fairly limited number of payment methods accepted

Coinmama

In our Coinmama review, we pointed out how this fiat-crypto exchange has gained a lot of users by offering a flexible approach for people all over the planet. The Coinmama platform is still a relatively small and limited exchange service but it does have some benefits that are worth taking into account.

Advantages of Coinmama

–  No known security breaches at the time of writing-  Highly flexible approach that suits different needs-  Recently added new coins including Ripple, Bitcoin Cash, Cardano and Ethereum Classic-  Visa and MasterCard credit cards are now accepted

Disadvantages of Coinmama

–  Perhaps too simple for people who want to trade cryptocurrencies professionally-  Fairly limited ways of paying for coins (no bank transfer or SEPA)

CEX

The CEX exchange has been around since 2013 and has grown tremendously in size in the last few years. As we’ve seen in our in-depth CEX review, they accept a wide range of different currencies and have a good selection of different ways of paying with fiat money too.

Advantages of CEX

–  Strong security with no reported hacks or breaches to date-  Credit card payments accepted-  Margin trading with loss protection tools-  Decent range of currencies, both fiat and crypto-  Easy to use site and mobile app

Disadvantages of CEX

–  The verification process can take a while to be completed-  They have had customer support issues in the past, apparently due to a lack of staff

Do Fiat-Crypto Exchanges Suit Beginners?

A fiat-crypto exchange is a great type of service to use if you are making your first move into cryptocurrencies such as Bitcoin Cash, Ethereum and the Litecoin currency. This is because you can switch your fiat money to crypto coins very easily and safely.

Above all of the other options, eToro is a great place for beginners, for a number of good reasons. For example, it is an easy to use platform that anyone can feel comfortable on right away. The fact that it provides the CopyTrader function means that you can also easily copy the trades made by more experienced traders if you want to, while the social options mean members share advice and tips with each other.

Can You Day Trade on Fiat-Crypto Exchanges?

Day trading cryptocurrencies is a difficult way of trying to make money, but it can be done. On the best fiat to crypto exchange platforms you can buy and sell the likes of Bitcoin and Ethereum whenever it suits you. Given the frequent price fluctuations on these currencies, day trading is certainly an exciting way of trading.

Which Fiat-Crypto Exchange Should You Choose?

Choosing the right fiat-crypto trading platform is the first step towards successfully buying and selling Bitcoin and other currencies. The best fiat to crypto exchange sites we have looked at here all offer easy to use sites and a good range of options for switching between types of currency.

As far as your top choice goes, we would recommend signing up for eToro because it’s overall an excellent exchange to deal with. They make it incredibly easy for you to get started and also offer all of the different features that you might want to have access to.

Also, see our guides on broker exchanges, crypto-crypto exchanges, and peer-to-peer exchanges for even more options.