From the UK and looking to buy Bancor (BNT) with GBP?
Check out this quick guide for an overview of the best places where you get it in the UK.
Intro: Best Ways to Buy Bancor (BNT) in the UK
Here’s a quick overview of the best places where you can buy Bancor (BNT) in the UK.
|Coinbase Pro||UK Bank Transfer||Up to 0.50%|
|CoinJar||UK Bank Transfer||1%|
|CoinJar||Credit & Debit Card||2%|
|Crypto.com App||UK Bank Transfer||Variable|
How to Buy Bancor UK
1. Coinbase Pro
Coinbase Pro is one of the cheapest places where you can buy Bancor (BNT) in the UK. This is one of the biggest and most popular cryptocurrency exchanges available in the UK – and all around the world too.
You can deposit GBP into Coinbase Pro using a UK bank transfer (via Faster Payments). GBP that I’ve transferred over to Coinbase Pro has previously been credited in minutes.
Coinbase Pro currently has 4 Bancor (BNT) trading pairs:
Unfortunately, UK residents don’t have access to USD markets on Coinbase Pro.
Coinbase Pro currently has more than 30 GBP trading pairs available to UK residents:
One downside of cryptocurrency exchanges is that they’re nowhere near as beginner-friendly as using a broker. It can also take days (or longer) for them to respond to any support requests.
Head over to the Coinbase website to learn more about whether it’s a good fit for you.
Established in 2013, CoinJar is a cryptocurrency broker and exchange where you can easily buy Bancor (BNT).
GBP can be deposited into CoinJar with a UK bank transfer (via Faster Payments). Anything I’ve sent over to CoinJar has typically been credited within minutes.
CoinJar charges a fixed fee of 1% when you buy Bancor (BNT) or any other cryptocurrency which it supports. When I’ve recently checked, I’ve found that the prices they quote for Bancor (BNT) are close to the real exchange rate (within about 0.5%).
You can also now buy Bancor (BNT) and any other supported cryptocurrency with a debit or credit card on CoinJar. However, you will be charged a slightly higher fee (2%).
This is a little more expensive than using a cryptocurrency exchange – but also a lot more convenient and beginner-friendly.
3. Crypto.com App
With the Crypto.com app, you can buy Bancor (BNT) and more than 150 cryptocurrencies with a UK bank transfer, credit/debit card, or SEPA bank transfer.
The Crypto.com app was previously quite a simple and cheap way to buy loads of cryptocurrencies with GBP. However, I’ve recently noticed that the prices that they’re quoting are significantly above the real exchange rate.
When I’ve checked, prices quoted for Bancor (BNT) were about 1.5% higher than on exchanges like Coinbase Pro. If you go with them, ensure you double-check what you’re REALLY being charged.
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Thanks for checking out this guide about how to buy Bancor (BNT) in the UK!
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