Buy Decred (DCR) in the UK (2021)

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Looking to buy Decred (DCR) in the UK?

In this quick guide, I’m going to detail some of the best places where you can get Decred (DCR) in the UK.

Intro: Best Ways to Buy Decred (DCR) in the UK

Want the quick version?

Here are the best places where you can buy Decred (DCR) in the UK with various payment methods.

ProviderPayment MethodFees
BinanceUK Bank TransferUp to 0.1% trading fees
BinanceCredit & Debit Card1.8% (+ 0.1% trading fees)
BittrexBTC & AltcoinsUp to 0.35%
BC BitcoinUK Bank Transfer3% (Exclusive Discount)

How to Buy Decred UK

1. Binance

Binance logo over their trading interface

Binance is a popular cryptocurrency exchange where you can cheaply buy Decred (DCR) in the UK.

You can make a GBP deposit into it with a UK bank transfer (via Faster Payments), credit card, or debit card.

Depositing GBP with a UK bank transfer is free, but you will be charged additional fees if you use a credit or debit card (1.8%). It’s best not to use a credit card, as it’ll usually be considered a cash advance (and you’ll be charged higher interest).

And although more expensive, the fees charged to deposit GBP with a debit card are as low as it comes right now. Still, it’s better to use a UK bank transfer when you can.

You’ll pay up to 0.1% in fees whenever you trade a supported cryptocurrency. This will be reduced if you trade more or use Binance Coin (BNB) to pay your trading fees.

But there’s a slight catch.

While you can buy Decred (DCR) with Bitcoin (BTC) or Tether (USDT), you’re not able to buy it DIRECTLY with GBP.

This means that you’re going to need to make two trades:

  1. Buy Bitcoin (BTC) or Tether (USDT) on Binance with the GBP wallet balance.
  2. Exchange Bitcoin (BTC) or Tether (USDT) for Decred (DCR).

Unfortunately, this means you’ll have to pay twice as much in fees (up to 0.2%).

Binance WebsiteBinance Review

2. BC Bitcoin

BC Bitcoin logo header (version 2)

BC Bitcoin is a UK-based cryptocurrency broker that allows you to buy Decred (DCR) with GBP using a UK bank transfer.

You’ll usually be charged 4% in fees when buying Bitcoin (BTC) or 5% if you buy any other cryptocurrency on BC Bitcoin with a UK bank transfer.

With our exclusive discount, you’ll instead pay 2% in fees when buying Bitcoin (BTC) or 3% if you buy Decred (DCR) or any other cryptocurrency with a UK bank transfer. This is still more expensive than using an alternative like Binance, but it is straightforward and offers better customer support if/when you need it.

To get these discounted fees, click the button below and create an account.

Create AccountBC Bitcoin Review

Best Decred (DCR) Wallets

Ledger Nano X Alternatives _1

The official Decred (DCR) wallet is available for Windows, macOS, and Linux devices. There’s also an official mobile wallet available for Android and iOS. Head over here to download these.

Alternatively, you can download a software wallet to your desktop or mobile phone which allows you to store, send, and receive lots of different cryptocurrencies.

Here are three I like:

You can also store, receive, and send Decred (DCR) using the following hardware wallets:

If you don’t already have one of these devices, check out this post for a quick overview of the pros and cons of each one.

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