How to Buy Bitcoin in the UK: The Complete Guide for 2020

The internet revolutionized the world but with the advent of cryptocurrencies like Bitcoin, the world has become a global civilization.

If you reside in the UK and are looking to buy Bitcoins in an easy manner despite exchanges not accepting new customers, you are at the right place.

In this write-up, I am going to share with you some methods and services through which you can buy your first Bitcoin.

CEX.io is a UK based service operating since 2013.

The internet revolutionized the world but with the advent of cryptocurrencies like Bitcoin, the world has become a global civilization.

If you reside in the UK and are looking to buy Bitcoins in an easy manner despite exchanges not accepting new customers, you are at the right place.

In this write-up, I am going to share with you some methods and services through which you can buy your first Bitcoin.

CEX.io is a UK based service operating since 2013.

It is very easy to buy Bitcoin in the UK.

You are spoiled for choice when it comes to the number of platforms that will help you turn your fiat currency into Bitcoin, as well as other cryptos.

There are many ways to swap your fiat for Bitcoin, and the UK remains as one of the most open markets for cryptos globally. You will need to have some form of bank account for most of the Bitcoin buying options listed below, but there are also some cash-only options.

Keep in mind that the price you pay for Bitcoin can vary based on how you decide to buy it, so remember to pay attention to both the market price for Bitcoin and the amount it is being offered to you for purchase.

Buying Bitcoin via a crypto exchange is probably going to be the easiest way for most people to buy Bitcoin in the UK.

Want to buy Bitcoin (BTC) but don’t know how? If you’re new to the world of cryptocurrency, understanding exactly how Bitcoin works and how and where you can buy Bitcoin is a pretty big challenge.

To help you make sense of the jargon and safely get your habunds on some of the world’s most well-known digital currency, we’ve put together this beginner’s guide to buying Bitcoin.

This is our quick guide to just one way to buy BTC. Compare some other options in the table below.

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.

HiveEx.com and finder.com are members of the Hive Empire group of companies.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Coinbase is the world’s largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia. Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.

We may receive compensation when you use Coinbase.

Please visit Coinbase for its exact pricing terms.

Bittylicious is a Bitcoin exchange located in the United Kingdom.

After looking around for a bit, you are confused with all of your different options.

This guide will compare and contrast the top Bitcoin and cryptocurrency exchanges in the UK.

First on this list is Coinbase.

Coinbase is the ultimate beginner Bitcoin exchange.

It features a beautiful yet simple user interface for buying Bitcoin along with a custodial wallet for customers.

Coinbase is also pretty accommodating of all limits and allows for higher verification tiers. By default, your account should be able to trade around $10,000 a day.

For fees, Coinbase charges a 1.49% fee on buys and sells with a bank account. This fee is increased to 3.99% on credit and debit card transactions.

Bitpanda, known by some as the Coinbase of Europe, is another extremely popular exchange.

There are loads of options available, but many aren’t competitively priced.

In this quick list, I’ll show you where you can buy bitcoin in the UK without getting completely and unnecessarily ripped off.

Wirex allows you to buy bitcoin (and other cryptocurrencies) with debit cards, credit cards, and UK bank transfers at excellent rates – just 1% above the actual exchange rate. This is the cheapest you’ll be able to buy bitcoin in the UK without using an exchange like Coinbase Pro.

This makes Wirex the easiest and one of the cheapest ways to buy bitcoin with a debit or credit card in the UK.

Let’s put this into perspective. Coinbase charges about 4% above the actual GBP to BTC exchange rate when buying bitcoin with a debit card.

Since the beginning of 2017, the bitcoin price has soared from $1,000 up to the recent record-breaking amount of $17,000. According to a report by CNBC, it’s partly down to the confidence in blockchain, the tech behind the currency, as well as the fact Japan recently legalised the currency and the more it hits the headlines, the bigger its potential gets.

Before you rush out and buy some digital money, make sure you have a safe place to keep them – this is what your bitcoin wallet is for. There are plenty of places to obtain wallets, with many cryptocurrency exchanges offering their own wallets for you to use.

While it may seem sensible to sign up for a wallet with the exchange you plan to do business with, this isn’t always the best move, as some are unstable.

You’re far safer opting for a third-party wallet.

Numerous financial experts, however, are urging people not to get involved at all

The value of bitcoin appears to be on the rise again, after it fell by almost $9,000 in a matter of days.

The notoriously volatile cryptocurrency is expected to carry on fluctuating unpredictably, which is why numerous financial experts are urging people not to get involved with it, believing the boom can only end badly.

However, if you’re still curious and want to find out more, here’s how beginners can buy bitcoin.

:: The Independent’s bitcoin group is the place for the best headlines and discussion of all cryptocurrencies. Like it here for the latest on how people are making money – and losing it

The easiest way to get involved is by signing up to a bitcoin wallet service.

Manage bitcoins hassle-free.

Convert BTC into USD, EUR or GBP, send bitcoins to friends, withdraw at ATMs and shop anywhere with cards.

Cryptopay provides easy access to the cryptocurrency world, allowing users to utilise all the benefits of a secure wallet. Buy bitcoins, litecoins and XRP with your debit or credit card and relish the fair rates and low fees.

The C.Pay card links Bitcoin with traditional finances. It’s perfect for anyone involved in cryptocurrencies, and works with any point of sale terminal in the world which accepts major cards! Bring cryptos to your everyday life.

Hold bitcoins securely in your Cryptopay account. Our system makes it easy to convert your cryptos into the supported fiat currencies. Use this to secure your money against price fluctuations.

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How to Buy Bitcoin in the UK: The Complete Guide for 2020

Want to buy Bitcoin (BTC) but don’t know how? If you’re new to the world of cryptocurrency, understanding exactly how Bitcoin works and how and where you can buy Bitcoin is a pretty big challenge.

To help you make sense of the jargon and safely get your habunds on some of the world’s most well-known digital currency, we’ve put together this beginner’s guide to buying Bitcoin.

This is our quick guide to just one way to buy BTC. Compare some other options in the table below.

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.

HiveEx.com and finder.com are members of the Hive Empire group of companies.

Want to buy Bitcoin (BTC) but don’t know how? If you’re new to the world of cryptocurrency, understanding exactly how Bitcoin works and how and where you can buy Bitcoin is a pretty big challenge.

To help you make sense of the jargon and safely get your habunds on some of the world’s most well-known digital currency, we’ve put together this beginner’s guide to buying Bitcoin.

This is our quick guide to just one way to buy BTC. Compare some other options in the table below.

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.

HiveEx.com and finder.com are members of the Hive Empire group of companies.

The internet revolutionized the world but with the advent of cryptocurrencies like Bitcoin, the world has become a global civilization.

If you reside in the UK and are looking to buy Bitcoins in an easy manner despite exchanges not accepting new customers, you are at the right place.

In this write-up, I am going to share with you some methods and services through which you can buy your first Bitcoin.

CEX.io is a UK based service operating since 2013.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Coinbase is the world’s largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia. Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.

We may receive compensation when you use Coinbase.

Please visit Coinbase for its exact pricing terms.

Bittylicious is a Bitcoin exchange located in the United Kingdom.

After looking around for a bit, you are confused with all of your different options.

This guide will compare and contrast the top Bitcoin and cryptocurrency exchanges in the UK.

First on this list is Coinbase.

Coinbase is the ultimate beginner Bitcoin exchange.

It features a beautiful yet simple user interface for buying Bitcoin along with a custodial wallet for customers.

Coinbase is also pretty accommodating of all limits and allows for higher verification tiers. By default, your account should be able to trade around $10,000 a day.

For fees, Coinbase charges a 1.49% fee on buys and sells with a bank account. This fee is increased to 3.99% on credit and debit card transactions.

Bitpanda, known by some as the Coinbase of Europe, is another extremely popular exchange.

Want to buy Bitcoin (BTC) but don’t know how? If you’re new to the world of cryptocurrency, understanding exactly how Bitcoin works and how and where you can buy Bitcoin is a pretty big challenge.

To help you make sense of the jargon and safely get your habunds on some of the world’s most well-known digital currency, we’ve put together this beginner’s guide to buying Bitcoin.

This is our quick guide to just one way to buy BTC. Compare some other options in the table below.

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.

HiveEx.com and finder.com are members of the Hive Empire group of companies.

easyMarkets has been serving investors since 2001, and allows you to trade Bitcoin, Ripple and Ethereum through their intuitive desktop platform and mobile app.

Buying cryptocurrencies in the U.K.

has never been easier.

Whether you want to get started cryptocurrency investing, speculate on market moves or participate in crypto gambling, you can access plenty of websites and cryptocurrency resources now available in the U.K.

Even though the U.K. cryptocurrency market lags behind other more vibrant markets, investing and trading in the U.K. is a lot less complicated than you might think.

It is very easy to buy Bitcoin in the UK.

You are spoiled for choice when it comes to the number of platforms that will help you turn your fiat currency into Bitcoin, as well as other cryptos.

There are many ways to swap your fiat for Bitcoin, and the UK remains as one of the most open markets for cryptos globally. You will need to have some form of bank account for most of the Bitcoin buying options listed below, but there are also some cash-only options.

Keep in mind that the price you pay for Bitcoin can vary based on how you decide to buy it, so remember to pay attention to both the market price for Bitcoin and the amount it is being offered to you for purchase.

Buying Bitcoin via a crypto exchange is probably going to be the easiest way for most people to buy Bitcoin in the UK.

We got sick of finding cryptocurrency buying guides that assumed an American buyer. We got tired of discarding tutorials and threads because of a USD-bias, particularly when it comes to emerging altcoins. So, we created this site to provide information to Brits who want to buy cryptocurrencies, providing no-nonsense, simple buyer’s guides to help British buyers acquire cryptocurrencies easily and at fair rates.

We try our best to include the most sought-after cryptocurrencies in our guides, ranging from the obvious Bitcoin and Ethereum, right through to emergent altcoins like Gifto.

If you can’t find what you’re looking for, contact us and we’ll do our best to help you out. If you’re struggling with one of our guides, we also provide one-to-one buying assistance – free of charge.

Sign up with Coinbase and manage your crypto easily and securely.

Although it’s simple and convenient to buy bitcoin with a debit or credit card, it’s NOT the cheapest way.

There are some exceptions, but most places will charge upwards of 4% in fees when buying bitcoin with a debit or credit card in the UK. That’s 100% unnecessary.

In this guide, I’m going to walk through some popular, well-recommended, and cheaper ways that you can buy bitcoin in the UK.

Remember: I’m not a financial advisor. Read my full disclaimer for more information.

The cheapest way to buy bitcoin in the UK is by depositing GBP into Coinbase, then transferring the funds over to Coinbase Pro (where you can buy at the real exchange rate, with low fees).

However, this route is slow.

You’ll have to wait 5 days before you can complete the entire process.

Buying bitcoin through Wirex is more expensive.

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