How to Buy Ark Coin (ARK) in the UK (2021)

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So what’s the best place to buy Ark Coin (ARK) in the UK without getting ripped off?

In 2021, the best place to buy Ark Coin (ARK) is on Binance – which is one of the best cryptocurrency exchanges in the world. On this crypto exchange, you’ll get the REAL exchange rate and pay maximum trading fees of 0.1%.

Another decent way to buy Ark Coin (ARK) in the UK is via the Crypto.com app. It has an excellent user interface, quotes you the real exchange rate, and charges competitive rates.

Read on to find out all the essentials (no fluff).

Summary: Best Places to Buy Ark Coin (ARK) in the UK

The table below summarises where the best places are to buy Ark Coin (ARK) in the UK with various payment methods.

ProviderPayment MethodFess (Approx.)
BinanceUK Bank Transfer< 1%
BittrexBitcoin (BTC)< 1%
Crypto.comCredit & Debit Card2.99%
BC BitcoinUK Bank Transfer5%
CryptomateUK Bank TransferVariable

With maximum trading fees of 0.1% and access to Ark Coin (ARK) at the real exchange rate, Binance is the best place to buy Ark Coin (ARK) with a UK bank transfer.

If you’d rather use a credit or debit card?

Check out the Crypto.com app. UK residents will usually pay a fixed 2.99% fee when they use a credit or debit card to buy Ark Coin (ARK). There are no other hidden fees.

And even better?

Crypto.com is running a promotion where these fees are waived for the first 30 days after creating an account!

Find out more about this here.

But FYI: Avoid buying cryptocurrency with a credit card. If you do, they’ll most likely charge you a cash advance fee and different interest terms.

Scroll down to find out more.

What exchanges is Ark Coin (ARK) not on?

Ark Coin (ARK) is NOT currently available on these popular UK exchanges:

How to Buy Ark Coin (ARK) in the UK

1. Binance [Buy ARK with a UK Bank Transfer]

Binance logo over their trading interface

Established in 2017, Binance quickly became one of the world’s most popular and well-recommended exchanges.

And in 2021, it is (without a doubt) the best place to buy Ark Coin (ARK) in the UK.

With Binance, you can buy Ark Coin (ARK) at the REAL exchange rate with some of the lowest trading fees around (maximum 0.1%).

But there is one (small) catch.

You’ll have to buy Bitcoin (BTC) before you can buy Ark Coin (ARK) on Binance.

Fortunately, UK users are now able to deposit GBP into Binance with a UK bank transfer. This is processed via the Faster Payments Service (FPS), which means that anything you send to Binance should be credited within about 15 minutes.

The bottom line?

This means you can do everything on Binance – there’s no need to buy Bitcoin (BTC) elsewhere.

Here’s the process you’ll need to follow if you’re taking this route:

Overview of Option #1

Follow this process on your desktop computer, as you can’t do all of this using the mobile app.

  • Create a Binance account (if you don’t already have one).
  • Verify your identity (requires photo ID).
  • Deposit GBP using a UK bank transfer to your Binance GBP wallet (free).
  • Buy Bitcoin (BTC) with a market order (real exchange rate, max 0.1% fees).
  • Exchange this Bitcoin (BTC) for Ark Coin (ARK) with a market order (real exchange rate, max 0.1% fees).

A few things to note:

  • If you’ve never sent GBP via a UK bank transfer to Binance before, it will take a few hours to be processed. (After that, you should expect them to be credited within about 15 minutes. This is completely normal – and something that will happen if you ever send GBP to other cryptocurrency exchanges too.)
  • You can choose to buy Bitcoin (BTC) elsewhere and then transfer it to Binance. Here’s a list of the best places to buy Bitcoin (BTC) in the UK.
  • You can reduce your trading fees by 25% if you pay them using Binance Coin (BNB).
  • Withdrawals from Binance aren’t free. Regardless, it’s a good idea to move it to an external wallet if you’re not intending to trade Ark Coin (ARK) back and forth.

Explore the Binance website to learn more.

Binance WebsiteBinance Review

2. Crypto.com App [Buy ARK with a Debit Card]

The Crypto.com app is one of the cheapest places to buy Ark Coin (ARK) with a credit or debit card in the UK.

There is a fixed fee of 2.99% whenever UK residents buy Ark Coin (ARK) or other cryptocurrencies with a credit or debit card. By itself, that is quite competitive.

Unfortunately, I’ve noticed that the exchange rate you’re quoted when buying Ark Coin (ARK) using the Crypto.com app is a bit higher than you’d expect (1%+). This is also the same for other cryptocurrencies.

This effectively increases the fees you’re paying to 4% (or more). This doesn’t seem like a great deal. To put this into context, you’ll only be charged 1.8% in fees to buy Ark Coin (ARK) with a credit or debit card using Binance!

But here’s some good news!

These fees are waived for the first 30 days for new Crypto.com users! This means you’ll temporarily pay absolutely nothing to buy Ark Coin (ARK) with a credit or debit card using the Crypto.com app.

Overview of Option #2
  • Create a Crypto.com account. Verification takes minutes.
  • Connect your credit or debit card to your Crypto.com account.
  • Buy Ark Coin (ARK) using your connected card.
Does Crypto.com support UK bank transfers?

Crypto.com temporarily suspended GBP wallet support earlier in 2021.

However, this functionality has now returned. This means that you can:

  • Deposit GBP using a UK bank transfer.
  • Exchange GBP for cryptocurrencies like Ark Coin (ARK) – and vice versa.
  • Withdraw GBP to your UK bank account.

If you take this route, then there are no transaction fees. However, you will still be quoted prices that are above the real exchange rate. Just to reiterate, I’ve been consistently finding that there’s a hidden fee of about 1% in it.

The Crypto.com app supports dozens of other cryptocurrencies too – making it a great place to pick up lots of popular cryptocurrencies (e.g. Ethereum, Litecoin, Ripple, Chainlink, etc.).

Crypto.com ReviewDownload Crypto.com App

Best Ark (ARK) Wallets

What’s next after you’ve bought Ark Coin (ARK)?

You could leave your Ark Coin (ARK) in the same place you bought it from. However, there are lots of hardware, desktop, and mobile wallets that you can transfer it over to.

Here are a few options:

Hardware wallets are well-recommended in the community. When friends ask, I usually point them towards the Ledger Nano S because it’s popular, affordable, and supports dozens of cryptocurrencies.

Check out my Ledger Nano S review to learn more about it.

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