The cheapest way to buy Nano (NANO) in the UK is via the Crypto.com app with a EUR SEPA transfer. With this method, you’ll typically pay less than 0.5% in fees. The downside is that this route has a few extra steps and takes longer to execute.
You can also buy Nano (NANO) with on Wirex with a GBP debit card. Although this is much more convenient, you’ll only pay about 1% in fees.
Want to know more? Read on to find out more about the best places to buy Nano (NANO) in the UK.
Summary: Best Places to Buy Nano (NANO) in the UK
The table below summarises the best places that you can buy Nano (NANO) in the UK with various payment methods.
|Provider||Payment Method||Fees (Approx.)|
|Changelly||BTC & Altcoins||< 1%|
|Kraken||EUR, BTC, & ETH||< 1%|
|Crypto.com||SEPA Transfer||< 1%|
|Wirex||Debit Card, Credit Card, & UK Bank Transfer||1%|
|BC Bitcoin||UK Bank Transfer||4%|
As this table shows, you can buy Nano (NANO) on cryptocurrencies exchanges like Binance and Kraken. Trading fees are low on both of these exchanges, but they can work out more expensive than they seem. This is because neither of these exchanges have GBP/NANO trading pairs, which means you need to mess around with conversions which increase the cost of buying Nano (NANO).
I’ve found it cheaper to buy Nano (NANO) on Crypto.com. However, this isn’t directly with GBP as it’s not a fiat currency that they currently support. This means you’ll need to have a Revolut account.
If you want none of this faff, then Wirex is probably your best option. You can get verified in no time and buy Nano (NANO) at competitive rates (just 1%) with a simple debit card purchase. Even though there are slightly cheaper options, this is my preferred option.
How to Buy Nano (NANO) in the UK
#1: Buy Nano with Crypto.com [Cheapest]
The cheapest way to buy Nano (NANO) in the UK is via the Crypto.com app, but it’s not the simplest or quickest process.
Crypto.com doesn’t currently allow GBP deposits. This means you’ll need to convert GBP to EUR, then deposit EUR via a SEPA transfer to Crypto.com.
You’ll likely get charged some nasty fees if you do this via your normal bank account. You can avoid these fees by using Revolut, which allows you to exchange £1000 worth of GBP (or other fiat currencies) per month for free. You can also send EUR via a SEPA transfer for free with Revolut.
The downsides of this route are that:
- If you deposit EUR via a SEPA transfer on a weekend, it won’t be processed until Monday.
- It can take up days for a EUR sent via SEPA transfer to be credited to your account. However, all of my deposits have been credited in under 24 hours.
#2: Buy Nano with a Debit Card [Quickest]
Wirex provides crypto-friendly currency accounts which allow you to buy Nano (NANO) with a debit card, credit card, or via a UK bank transfer. They support other cryptocurrencies too, like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
While Wirex is slightly more expensive than using Crypto.com, it’s a much easier and quicker way to buy Nano (NANO) in the UK. As I’ve already mentioned, this is my preferred route.
Before you can deposit GBP with a debit card on Wirex, you will need to verify your card. This can take a few days. Once you’ve done this, funding via debit card is instant and free.
Wirex also supports UK bank transfers (via the Faster Payments Service), which means deposits are credited to your account quickly – usually within a few hours.
Even though Wirex has slightly higher fees than Crypto.com, I think it’s 100% worth it for how convenient it makes buying Nano (NANO) and other cryptocurrencies.
Best Nano Wallets
Nano Hardware Wallets
Hardware wallets are small USB devices which help keep cryptocurrencies safe and secure. They’re not mandatory, but they’re popular and well-recommended across the crypto-community.
The Ledger Nano S is one of my favourites – and I’m not alone. It’s sold over 1.4 million units worldwide, continues to support more cryptocurrencies every month, and can be bought for less than £60 (incl. delivery).
Find out more in my Ledger Nano S review.
Nano Software Wallets
You can also store your Nano (NANO) in various software wallets. Here are just a few that seem well-recommended in the community.
- NanoVault: This is an open source Nano (NANO) wallet that doesn’t support any other cryptocurrencies. It’s available to download for Windows, Mac, and Linux – but there’s also a web version too.
- Atomic Wallet: This is my favourite cryptocurrency wallet, which supports Nano (NANO) and lots of other cryptocurrencies. Desktop and mobile apps are available.
- Exodus: Another popular multi-currency wallet which supports Nano (NANO) and lots of other cryptocurrencies. This wallet also has desktop and mobile apps.
Other Crypto Guides
Looking to buy other cryptocurrencies without getting ripped off?
Check out my other UK guides: