Cash out
Cheapest way to cash out BTC in United Kingdom
We priced selling £1,000 of BTC for GBP and withdrawing it to a bank account in United Kingdom. Sending crypto to an exchange is free on all of them; the cost is in the sale and the payout.
Crypto.com pays out the most in our data: you receive £993.10 of £1,000 (0.69% in costs).
Every exchange by total cost of cashing out
| # | Exchange | Trading fee | Sell spread | Bank payout | Total | To your bank |
|---|---|---|---|---|---|---|
| 1 | Crypto.com LowestVerified 2d ago | £5.00 | £0.000068 | £1.90 | £6.900.69% | £993.10 |
| 2 | Kraken Verified 2d ago | £8.00 | £0.00068 | £1.95 | £9.951.00% | £990.05 |
| 3 | Gemini Verified 2d ago | £12.00 | £0.000068 | — | £12.001.20% | £988.00 |
Not ranked: incomplete data
- Binancebank payout fee
- Coinbasebank payout fee
- OKXbank payout fee
- KuCoinbank payout fee
- Bitstamptrading fee, bank payout fee
- BybitNot available in United Kingdom
- BitgetDoes not pay out GBP
- GateNot available in United Kingdom
- MEXCNot available in United Kingdom
- BitvavoNot available in United Kingdom
- Binance.USNot available in United Kingdom
- BitsoNot available in United Kingdom
- WhiteBITNot available in United Kingdom
- IndodaxNot available in United Kingdom
- CoinDCXNot available in United Kingdom
Each fee comes from the exchange's published fee schedule. The verification date is shown next to each exchange, and the full sources are on its profile. Affiliate deals never change the order.
Before you cash out
- Selling and withdrawing are two steps: sell for GBP first, then withdraw it to a bank account in your own name.
- Finish identity verification before you need the money. Fiat withdrawals stay locked until it is done.
- Banks may question a large first transfer from an exchange. Keep the exchange's statement and the history of your purchases as proof of where the money came from.
Crypto rules in United Kingdom
Regulated- Buying and holding crypto is legal.
- Crypto is not legal tender.
- Strict rules apply to crypto advertising aimed at residents, including by foreign firms.
A plain-language summary for orientation, not legal advice. Rules change; check the sources before acting.
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