When you trade crypto on CoinCorner, a UK-based cryptocurrency exchange that lets you buy Bitcoin and other coins with bank transfers and cards. It’s one of the few platforms still offering direct GBP deposits in Europe, but its crypto trading fees aren’t always obvious. Most users assume fees are just a percentage of the trade — but with CoinCorner, you’re also paying for how you fund your account, how fast you get your crypto, and even how you withdraw.
There’s no hidden trading fee on CoinCorner — it’s a flat 0.5% for buying or selling crypto with a card or bank transfer. That’s higher than big exchanges like Binance or Kraken, but it’s simple. No tiered pricing, no maker-taker splits. If you’re new and just want to buy $100 of Bitcoin without setting up a wallet first, CoinCorner makes it easy. But if you’re trading regularly, that 0.5% adds up fast. Compare that to Uniswap, a decentralized exchange where you pay network gas fees instead of platform fees, and you’ll see why experienced traders avoid centralized platforms like CoinCorner for frequent swaps.
Where CoinCorner really stands out — or stands out as a problem — is in deposit and withdrawal costs. Card deposits cost 3.99%, which is steep. Bank transfers are free, but they take 1–3 days. If you need crypto fast, you’re paying extra. Withdrawals to your own wallet? Free for Bitcoin, but Ethereum withdrawals charge a flat 0.005 ETH, which can be $10+ depending on network congestion. That’s not a fee from CoinCorner — it’s the Ethereum network — but they don’t warn you upfront. You’ll only find out when you click ‘withdraw’ and see the deduction.
And don’t forget the spread. Like most retail-focused exchanges, CoinCorner doesn’t show you the real market price. They add a markup to the buy and sell rates. That’s their real profit — not the 0.5% fee. A $1,000 Bitcoin buy might look like $1,000 on the screen, but the actual market price could be $992. That $8 difference? That’s the hidden cost. You won’t see it broken down anywhere. You just pay more than you think.
For beginners who just want to buy crypto and hold, CoinCorner works. It’s simple, regulated in the UK, and doesn’t require KYC beyond basic ID. But if you’re trying to minimize costs, compare it to Coinlim, a no-fiat exchange with 0.10% trading fees — you’ll save 80% on trades, but you’ll need crypto already. Or look at DIFX, a platform with low fees but zero transparency — and avoid it. CoinCorner isn’t a scam, but it’s not cheap either.
What you’ll find in the posts below are real reviews of exchanges that charge less, work faster, or hide fewer costs. Some are dead projects. Some are hidden gems. All of them show you what’s really happening in the crypto exchange space — beyond the marketing. If you care about fees, you’ll want to see which platforms actually deliver value — and which ones just make you pay for convenience.
CoinCorner is a UK-based crypto exchange focused on Bitcoin, offering simple buying, a debit card, and fast bank transfers. Best for small buyers in Europe, not traders or US users.