Where’s the best place to buy IOTA in the UK?
In 2021, Binance is the cheapest place where you can buy IOTA and dozens of other cryptocurrencies. However, you can’t buy it directly with GBP – you’ll have to exchange something like Tether (USDT) for it instead.
Alternatively, check out BC Bitcoin. With this cryptocurrency broker, you can buy IOTA and almost any other cryptocurrency with GBP using a UK bank transfer. You’ll normally pay 5% in fees, but you’ll pay just 3% in fees if you register using this link.
Want to know more?
Read on to learn more about these two places where you can buy IOTA in the UK.
Buy IOTA in the UK
Binance is the cheapest place to buy IOTA in the UK.
You can’t DIRECTLY buy IOTA with GBP on Binance, but it is possible to exchange 1 of 5 cryptocurrencies for it. In these cases, I use Tether (USDT) to buy the cryptocurrency I’m after.
With Binance, the exchange rate you’re offered is the true ‘going rate’ of IOTA (i.e., it’s not padded with fees). Instead, you’ll pay trading fees of up to 0.1% – but these can be lowered if you trade more on Binance and/or use Binance Coin (BNB) to pay your trading fees. Find out more here.
The only problem with this?
Binance isn’t the most beginner-friendly way to buy cryptocurrency. It’s one of the best cryptocurrency exchanges around, but it’s made for cryptocurrency enthusiasts and professionals.
2. BC Bitcoin
BC Bitcoin is a cryptocurrency broker where you can buy IOTA in the UK with GBP.
With our exclusive discount, you’ll only pay 3% in fees when you buy IOTA with GBP using a UK bank transfer. Without this, you’d normally pay 5% in fees unless you buy more than £5000 worth.
This is more expensive than using a cryptocurrency exchange like Binance, but it’s much more straightforward – just input how much you want, and they’ll handle the rest.
BC Bitcoin is great for beginners, as they’re well-known for their excellent customer support. If you have any questions, you can talk to them over live chat or give them a ring.
Thanks for checking out this guide to buying IOTA in the UK.
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