How To Buy Bitcoin In UK

Buying crypto in the UK is easier than it might seem. There are regulated exchanges like OKX, Coinbase and eToro that comply with UK laws and make it easy to buy crypto online. You just need to create an exchange account, verify your identity and fund it with GBP, and you can then purchase popular cryptocurrencies like Bitcoin. Read more

You can also purchase cryptos from other people via peer-to-peer (P2P) marketplaces, which let you transfer your coins directly between accounts. This is a safer option than going through an exchange, but you need to watch out for scams. The FCA keeps a list of unregistered crypto asset businesses, so it’s worth checking whether a P2P platform is registered with the regulator before depositing your money.

Best Crypto Exchange UK: Where to Trade Safely in 2024

Some P2P marketplaces also offer additional services, such as a Bitcoin ATM that lets you deposit cash and withdraw your cryptocurrency instantly. These machines often charge a small fee for this service.

Alternatively, you can use one of the many reputable cryptocurrencies wallets to store your cryptos. There are apps for mobile phones, desktop computers and laptops, and many of them have multi-signature features that keep your funds secure.