Person's eye with Bitcoin (BTC) on their eye

Buy Bitcoin Cheaply in the UK (2019)

Want to buy bitcoin without getting ripped off?

Although it’s simple and convenient to buy bitcoin with a debit or credit card, it’s NOT the cheapest way.

There are some exceptions, but most places will charge upwards of 4% in fees when buying bitcoin with a debit or credit card in the UK. That’s 100% unnecessary.

In this guide, I’m going to walk through some popular, well-recommended, and cheaper ways that you can buy bitcoin in the UK.

Remember: I’m not a financial advisor. Read my full disclaimer for more information.

Cheapest Place to Buy Bitcoin in the UK

The cheapest way to buy bitcoin in the UK is by depositing GBP into Coinbase, then transferring the funds over to Coinbase Pro (where you can buy at the real exchange rate, with low fees). However, this route is slow. You’ll have to wait 5 days before you can complete the entire process.

My preferred way of buying bitcoin in the UK is through Wirex.

With Wirex, you can:

  • Create a Wirex account and get verified quickly (within a day).
  • Fund your account with a debit card or UK bank transfer (via Faster Payments).
  • Get wholesale exchange rates with low fees (approx. 1% above the mid-market rate)
  • Complete the buying process within just a few hours (not days).
  • Buy bitcoin via an easy-to-use interface.

Buying bitcoin through Wirex is more expensive. But it’s much more convenient.

 Purchase (£)Fee (£)Fee (%)
Coinbase Pro£1000£1.500.15%
Wirex£1000£101.00%

With Wirex, you will pay about £8.50 more in fees per £1000 you spend.

Because of all this, I’ve switched to buying bitcoin through Wirex.

Skip down to this section to learn more about Wirex, or just head over to their website to get started ASAP.

Who is the Cheapest Bitcoin Seller?

When comparing bitcoin sellers in the UK, you’ll need to consider:

  • How close is the asking price to the real BTC to GBP exchange rate?
  • Are there any fees (for buying & withdrawing)?
  • Are you purchasing in GBP or EUR?
  • Is there a minimum deposit?

If you don’t ask these questions, you’ll probably end up getting fewer bitcoins (or satoshis) than you otherwise could.

Exchange Rate

The real BTC to GBP exchange rate is the average mid-market rate across popular bitcoin exchanges. It’s also known as the Bitcoin Price Index (BPI or XBP). It’s an honest indication of what the value of 1 bitcoin currently is. You can use tools like this to check the BPI.

When you buy bitcoin from many places, they’ll (almost 100%) sell you bitcoin at a rate which doesn’t match the real BTC to GBP exchange rate.

Why? That’s their profit margin.

Let’s put this in perspective.

At the time of writing, the real BTC to GBP exchange rate was £5652.

If you were buying 1 bitcoin with a debit/credit card through Coinbase, you’d pay an additional £225. Paying such high fees is 100% unnecessary. You’re just throwing money away.

You can quickly compare prices (and their relative % above the BPI) with tools like BittyBot.

Buying Fees

While most services charge percentage-based fees, some do charge fixed-rate fees instead.

Your preference for either depends on how much bitcoin you’re intending to buy.

Consider this example:

  • “Seller A” charges a fixed fee of £20.
  • “Seller B” charges a percentage fee of 2%.

Who should you choose?

PurchaseSeller A: Fixed Fee (£20)Seller B: Percentage Fee (2%)
£10020% of Purchase£2
£1,0002% of Purchase£20
£10,0000.2% of Purchase£200

Your choice of seller depends on how much you’re intending to buy:

  • If you’re buying larger amounts of bitcoin, then fixed-rate fees are probably better.
  • If you’re buying smaller amounts of bitcoin, then percentage-based fees are probably better.

Withdrawal Fees

When you withdraw bitcoin from lots of places, they’ll usually pass on the blockchain fees (i.e., mining fees) to you.

Most of the time, this isn’t a problem. However, sometimes these blockchain fees increase due to congestion on the network (i.e., more demand from people to have their transactions be processed ASAP).

Before you select where you want to buy, check out this site. It estimates the cost of blockchain fees right now. If it’s more than $1.00 – 2.00, then take that into consideration in your choice – as some options, like Coinbase Pro, do not charge withdrawal fees.

GBP or EUR

Many popular exchanges, like Kraken and Bitstamp, don’t accept GBP deposits. If you want to buy bitcoin on these exchanges, you’ll need to send EUR instead.

When you do this from a GBP bank account, your bank will handle the GBP to EUR exchange for you. Unfortunately, UK banks will exchange between these currencies at a terrible exchange rate. It’s not uncommon for people to lose more than 5% of their money when exchanging currencies with a UK bank.

To add insult to injury? Some UK banks still charge fees to send EUR with a SEPA transfer. This varies from bank-to-bank, but Santander charge £15 and Barclays charge £5.

When looking to buy bitcoin, we must take account of these hidden fees. If we don’t, it distorts our impression of what is really the cheapest option.

Cheapest Purchase Options

There are three best options if you’re looking to buy bitcoin in the UK for the best possible price.

Option #1: Coinbase Pro

Coinbase Twitter header

Coinbase Pro (previously GDAX) is the cheapest place to buy bitcoin in the UK.

Coinbase Pro was the first major bitcoin exchange to receive an e-money license from the Financial Conduct Authority (FCA). This means they now accept GBP deposits through the UK Faster Payments Service . This means that all UK residents should be able to use a simple UK bank transfer to deposit GBP into Coinbase – without incurring any fees from their bank.

Overview of Option #1

  • Create a Coinbase account and verify your UK bank account.
  • Send GBP via UK bank transfer to Coinbase. It should be credited within 2 hours.
  • Wait 5 days for the funds to be cleared (you’ll receive an email when it has).
  • Once the funds are cleared, transfer GBP funds from Coinbase to Coinbase Pro.
  • Buy bitcoin on the GBP/BTC market at the real exchange rate.

The bottom line?

  • You can now send GBP to Coinbase and it’ll be credited in less than 2 hours.
  • You’ll be able to buy bitcoin at the best possible rate and incur barely any fees (0.15%).

But there’s a catch.

Coinbase has recently started holding GBP funds deposited via UK bank transfer for 5 days.

Until your funds COMPLETELY clear, you can’t use your deposited GBP to buy bitcoin on Coinbase Pro (as it restricts internal transfers from Coinbase to Coinbase Pro during this time).

If you want to buy bitcoin cheaply and quickly, then skip down to ‘Option 3’ now. This option is slightly more expensive, but still very competitive (< 0.5% above the spot price) and supports debit cards, credit cards, and UK bank transfers (via the Faster Payments Service).

What's the difference between Coinbase and Coinbase Pro?

Coinbase and Coinbase Pro (formally GDAX) are owned by the same company. When you create a Coinbase account, you’ll able to use your Coinbase credentials to access Coinbase Pro.

Coinbase is a popular cryptocurrency broker which is intuitive, easy-to-use, and perfect for beginners. You can buy supported cryptocurrencies with a debit card, credit card, and UK bank transfer on Coinbase.

Coinbase Pro is a cryptocurrency exchange targeted at cryptocurrency traders. The fees on Coinbase Pro are lower (up to 0.25%) than on Coinbase (at least 1.5%), but it can be intimidating if you’ve never used something like it before.

In the long-term? It’s worth learning to use Coinbase Pro. Once you’ve used it a few times, you’ll probably prefer it over Coinbase – I know I do!

Signup Bonus!

When you signup to Coinbase through this link, you’ll receive a £7 bonus (paid in bitcoin) when you buy more than approx. £77 of bitcoin.

It’s 100% worthwhile to take advantage of this signup bonus.

If you signup through this link and bought £100 worth of bitcoin on Coinbase (not Coinbase Pro), you’d actually end up with £107’ish worth of bitcoin.

It’s an absolute no-brainer.

Guide

Want to see how it works? Check out these guides.

FYI: All images can be enlarged by clicking them.

Verify Your UK Bank Account

  • Login to your Coinbase account.
  • Go to: Settings > Linked Accounts
  • Select: Link a New Account

  • Select: UK Bank Account

  • You’ll be asked to enter your UK bank account’s sort code and account number.
  • Once you’ve done that, select: Continue

  • You’ll now see some payment details.
  • To verify the UK bank account, send a small payment (£2) to the details provided.
  • When you’ve completed the payment, select: I’ve Sent It

  • Once Coinbase received this small deposit, your UK bank account will become verified.
    • Although it says it can take up to 2 hours, I’ve had multiple deposits credited in about 30 minutes.
    • You should receive an email when the deposit has been received.

Deposit Funds

  • Go to Coinbase.com
  • In the Accounts tab, select ‘Deposit’ in your GBP wallet.

  • You’ll see a popup like this. It shows the reference number you should use when transferring GBP to Coinbase.
  • When you’ve copied this reference somewhere, confirm that you’ve written it down and select Continue

  • In the next popup, you’ll see all the details you need to transfer GBP funds to Coinbase. It should be to ‘CB PAYMENTS, LTD’ at ‘BARCLAYS BANK PLC’.
  • Make sure you include the reference number shown previously (and also confirmed at the top of this popup).
  • When you’ve made the transfer, select Done.

  • Within 2 hours, the GBP deposit should be credited to your Coinbase account.
  • Once your GBP funds are received and credited, you will NOT be able to withdraw these new funds for 5 days.

  • During this 5-day holding period, you can buy and sell bitcoin on Coinbase. If you do this, you’ll pay more in fees (at least 0.5% above the real BTC to GBP exchange rate).
  • If you want to buy bitcoin as cheaply as possible, you’ll have to wait for this 5-day holding period to pass. Set a reminder, bookmark this guide, and come back once these funds are available.

Transfer GBP to Coinbase Pro

  • Once your GBP funds are available, login to Coinbase Pro.
    • You can login to Coinbase Pro with your Coinbase details. Both these services are operated by the same company.
  •  In the left sidebar, select: Deposit

  • Select British Pound > Coinbase Wallet
  • Input how much you’d like to transfer to Coinbase Pro from your Coinbase wallet.
    • If you want to transfer everything, just select ‘Max’.
  • If your funds are still on hold, you’ll see a notice of that in this box too.
  • When you’re happy, select: Deposit
  • Within about 10-15 seconds, you should see this transfer credited to your Coinbase Pro wallet.

Buy Bitcoin

If you want to pay the lowest fees, then you’ll need to submit a limit order on Coinbase Pro. This’ll make you a ‘market maker’ instead of a ‘market taker’

Market Maker vs Market Taker

A market maker is someone who provides liquidity to markets.

This is done when you submit a limit order (buy or sell) on Coinbase Pro (or other cryptocurrency exchanges) that doesn’t immediately fill. These orders sit on the order book and prevent wild fluctuations in cryptocurrency prices. For this reason, market makers are incentivized by reduced fees on exchanges.

When you submit a market order (buy or sell) on a cryptocurrency exchange that immediately fills, you are a market taker. For this added convenience, you’ll pay a slightly higher fee than market makers.

×

Click here to learn more about the difference between a market maker and market taker.

This might seem a little overwhelming at first. Don’t be discouraged though – it’s easier than it appears to get started.

Until you’re comfortable with the process detailed below, consider buying the smallest amount possible. At the time of writing, that’s 0.001 BTC.

  • Login to Coinbase Pro.
    • You can login to Coinbase Pro with your Coinbase details. Both these services are operated by the same company.
  •  In the top left, check that you’re on the BTC-GBP market.
    • If you’re not:
      • Click: Select Market
      • Select BTC-GBP from the drop-down that appears.
  •  In the left sidebar, select: Buy > Limit
  •  To ensure you pay no fees, check that Post Only (under Execution) is selected.

  • In ‘Order Book’, select: the highest green number.
    • This will autofill the limit price box in the left sidebar.
    • The highest green number is the highest price currently submitted to the order book for a BTC purchase.
  • In the left sidebar, enter the amount of BTC you want to purchase at that price.
    • If you want to spend your entire GBP balance, click: Max
  • At the bottom of the left sidebar, you’ll see the fees and the total cost to submit this order.
    • If you want to spend less/more, modify the BTC amount you previously entered. 0.001 BTC is the minimum.
  • Happy with all the details? Click: Place Buy Order

  • You’ll find this buy order under ‘Open Orders’.
  • You’ll also see the size (in BTC) of this order appear in ‘Order Book’.
  • Wait a few minutes.
  • If the status of the order hasn’t changed after 2-3 minutes, cancel (by clicking the small x) and re-submit the order.

Once the order has been filled:

  • The status of the order will change (from Open to Filled).
  • You’ll see a summary of the completed order in ‘Fills’.
  • In the left sidebar, you’ll see that your balance has changed!

Advantages

  • The cheapest way to buy bitcoin in the UK (real exchange rate).
  • Withdrawals are free!
  • Coinbase supports UK bank deposits via Faster Payments Service.
  • Reputable and trusted exchange (recently awarded FCA e-money license).
  • High limits.
  • Don’t need to verify identity with multiple companies (just Coinbase).

Disadvantages

Option #2: Revolut Route

Revolut black logo

Your second option is a popular workaround which has been used by UK residents to buy bitcoin as cheaply as possible since mid-2017.

This isn’t as convenient as option #1, but it is faster.

Option #1 cannot be fully executed for 5 days, while this second option allows you to buy at equivalent rates in just 2 days.

Overview of Option #2

  • Download Revolut (a mobile banking app) and create an account.
  • Create a Bitstamp account.
  • Activate your EUR account in Revolut (full instructions below).
  • Deposit GBP (via UK bank transfer or debit card) to your GPB Revolut account.
  • Exchange GBP for EUR in Revolut (at the real exchange rate, instantly).
  • Transfer EUR from Revolut account to Bitstamp.
  • Buy bitcoin on the BTC/EUR market at the best possible rate.

Guide

Add & Activate EUR Account

  1. Add EUR account in Revolut:
    • Select:
      • More (in bottom bar).
      • Profile (in top bar).
      • Account Details.
      • Add Account’
      • Search for EUR and tap on it.
  2. Activate your EUR account in Revolut.
    • Select:
      • More (in bottom bar).
      • Profile (in top bar).
      • Account Details.
      • EUR.
      • Activate.
    • Details should populate, with the beneficiary (your name), IBAN, and BIC.

Get Deposit Details

1) On Bitstamp, click ‘Deposit’ at the top of the page.

2) Select ‘EU Bank (SEPA)’ in the left navigation bar.

3) A warning will pop-up.

  • This will ask you to confirm that the transfer is coming from an account in your name.
  • As long as you’ve activated your Revolut EUR account (see above for instructions), you shouldn’t have a problem.

4) Enter some details about the transfer, then click ‘Deposit’.

  • Confirm the first and last name on your Revolut EUR account.
    • You can check this by:
      • Swiping to EUR on the Revolut dashboard.
      • Clicking on your EUR balance.
      • Scrolling down.
  • Under ‘Account Balance’, select ‘Euro’.
  • Under ‘Amount’, enter how much you wish to deposit.

5) You’ll now see the deposit details.

Add Beneficiary in Revolut

With these deposit details, you’ll need to create a new beneficiary in Revolut.

To add a new beneficiary:

  • Open Revolut and select ‘Payments’ (middle of the bottom bar)
  • Select: ‘Bank Transfer’

  • Select: ‘Add a new beneficiary’

  • Select ‘To a business’ as the transfer type.

  • Select ‘United Kingdom’ and ‘Euro’.

  • Fill in the deposit details shown on Bitstamp or Coinbase Pro.
  • When you’re happy, select ‘Add beneficiary’.

  • Great! You should see something like this.

Transfer EUR to Exchange

Please note, the screenshots show a EUR transfer to Coinbase Pro. This is a similar process for transfers to Bitstamp.

  • When you’re ready to make the EUR deposit into the cryptocurrency exchange, select this new beneficiary.

  • Input the desired amount and make sure that you enter your reference number (provided by Bitstamp) in the highlighted area.
  • If you don’t add the reference, your payment might be delayed or rejected. If that happens, you might also pay a fee.
  • The screenshot shows the confirmation as ‘Split Bill’. Bit strange, but it still processes as normal.

  • It’ll usually be credited in 1-2 business day, but can take longer.

Advantages

Disadvantages

  • Send, spend, withdraw, and exchange (in a non-GBP currency) the first £5000 FREE every month. After that, you’ll pay a 0.5% fee for cross-currency transactions [Source].
  • Transferring EUR to a cryptocurrency exchange can take up to 48 hours (but usually less).
  • If you make a EUR payment on the weekend, it won’t begin processing until Monday.
  • No desktop version of Revolut is available.

Revolut FAQ

Here are some of the most frequently asked questions about using option #2 (the Revolut route) to buy bitcoin as cheaply as possible in the UK.

Error: Beneficiary not allowed

You might receive the error “Beneficiary not allowed” when attempting to add a cryptocurrency exchange, such as Coinbase or Bitstamp, as a beneficiary (i.e., payment recipient) in Revolut.

This can be resolved by activating your personal EURO account inside Revolut beforehand.

To do so, follow these steps:

  1. Open the Revolut app.
  2. On the Revolut home screen, click the small icon in the top left corner of the screen (Accounts).
  3. Select EUR account.
  4. Select ‘Activate’.

Alternatively: Follow the instructions in this post.

Once you’ve activated your personal Euro account, you should be able to add exchanges like Coinbase and Bitstamp as beneficiaries without issue.

If this doesn’t resolve your issue, try uninstalling and re-downloading the Revolut app. Failing that, contact their support in-app to troubleshoot the issue.

Can I withdraw from Coinbase Pro or Bitstamp to Revolut?

Yes, check out my ‘Sell Bitcoin UK Guide‘. You’ll have to pay a €0.15 fee when withdrawing from Coinbase Pro and a €0.90 fee when withdrawing from Bitstamp.

Here’s how you add your Revolut EURO accounts:

  • Coinbase Pro
    • Go to Coinbase
    • Select ‘Settings’
    • Select ‘Payment Methods’
    • Select ‘+ Add Payment Method’
    • Add details of Revolut EURO accounts
  • Bitstamp
    • Go to Bitstamp
    • In the top right, select ‘Withdrawal’
    • In the left-pane, select ‘EU Bank (SEPA)’
    • Put in details of Revolut EURO accounts

Can I withdraw euros from Kraken to Revolut?

Nope (as of May 2018).

People were previously routing payments through Fire.com accounts (e.g., Kraken > Fire.com > Revolut). But that’s no longer possible.

Here’s an excerpt from an email I received from Fire.com on 12th February 2019:

“We are writing to all of our customers to advise that we will no longer support payments to/from cryptocurrency exchanges. This change will take effect immediately. Any payments connected to cryptocurrency exchanges will be unsuccessful and the funds will be returned to the sending account.” – Fire.com

I haven’t found a workaround yet. I’ll update this if/when I do.

Does Revolut have funding limits?

Once you’ve completed Revolut’s ID verification, you can check your annual funding limit in the app:

  1. Open the Revolut app.
  2. In the bottom right corner, select ‘More’.
  3. At the top of the app, select ‘Profile’.
  4. Select ‘Verification & Limits’.

On this page, it shows your annual limit and how much you’ve used of that allowance so far. My annual limit is set to £25,000 (but yours might be different). You can increase this limit by submitting additional information to customer support.

From the Revolut FAQ (here), it also notes that:

If you’re making a transfer in GBP in or out of your Revolut account there are daily and weekly limits. The daily limit is £75,000 combined, meaning that you cannot transfer more than £75,000 in or out of the account per 24 hours. The weekly limit is £125,000 combined. If you attempt to make a transfer larger than this amount, it will be automatically rejected by our payment processor.

How can I check how much of the monthly free foreign exchange allowance I've used?

Follow these steps:

  1. Open the Revolut app.
  2. In the bottom right corner, select ‘More’.
  3. At the top of the app, select ‘Profile’.
  4. Select the option labelled ‘Price plan’.

This page shows how much of your free monthly exchange rate you’ve used (under ‘FX transactions’).

If you expect to regularly go over your monthly £5000 foreign exchange transaction allowance, consider Revolut Premium.

Hypothetical: What happens if Revolut block payments to cryptocurrency exchanges in the future?

In late 2017, some /r/BitcoinUK users thought Revolut would stop allowing payments to Coinbase Pro (and other cryptocurrency exchanges) once they started supporting cryptocurrency speculation via their app. Their in-app cryptocurrency support sucks (read more about that here) and hasn’t happened (yet).

Previously, I had detailed that – if this did occur – we could add another hop through a Fire.com personal (Euro) account. Unfortunately, Fire.com are now blocking payments to/from cryptocurrency exchanges.

Fortunately, UK residents have more options in 2019. Check out this post, where I rank the 5 best ways to buy bitcoin in the UK.

I don't want to (or can't) use Revolut. What other routes can I take?

In 2019, UK residents now have more places where they can buy and sell bitcoin (at good rates) than ever before. Check out this list of the 5 best ways to buy bitcoin in the UK.

Can't find what you're looking for?

If you can’t find what you’re looking for, check out:

Alternatively? Let me know in the comments below or tweet me. I’ll try to help you out.

Option #3: Wirex

Wirex (Dark Green) Full Logo

Wirex allows you to buy bitcoin and other cryptocurrencies with debit cards, credit cards*, and UK bank transfers at excellent rates – usually about 1% above the real exchange rate.

It’s not a great idea to use a credit card, as it’ll probably be considered a cash advance (not good). It’ll be simpler (and cheaper) to just use a debit card.

It’s not the absolute cheapest way to buy bitcoin in the UK. Cryptocurrency exchanges like Coinbase Pro and Bitstamp allow you to buy bitcoin at the real exchange rate with low trading fees (starting at 0.15%).

However, Wirex allows you to buy bitcoin MUCH quicker than either option #1 or #2. Once you’ve registered and verified yourself, this entire process takes (at most) just a few hours.

Overview of Option #3

  • Create a Wirex account.
  • Deposit GBP (via UK bank transfer or debit card) to your Wirex GBP wallet.
  • If you deposit with a UK bank transfer, you’ll have to wait 1-2 hours for the payment to clear.
  • Buy bitcoin with funds in your GBP wallet at competitive rates (1% above the real exchange rate).

Wirex support UK bank transfers (via the Faster Payment Service), which means that deposits are usually credited to your account in less than an hour.

You can also just fund your wallet with a GBP debit card – which credits to your account instantly. You can deposit up to £5000/€5000/$5000 per day with a debit card. If you want to deposit more than that, you’ll have to use a UK bank transfer instead.

I think the slightly higher fees are 100% worth it for convenience and speed which you can buy bitcoin on Wirex.

Advantages

  • My preferred way of buying bitcoin in the UK.
  • Quick and convenient (takes hours, not days).
  • Low fees (about 1% above the real exchange rate).
  • Fund account with a debit card or UK bank transfer (via Faster Payments Service) without paying any fees.
  • Browser-based and mobile apps available.

Disadvantages

  • Limits are comparatively low (maximum account balance is £15000/€16000/$20000).
  • You need to pay a £1 account management fee to deposit GBP with a UK bank transfer.
  • You’ll also need to pay withdrawal fees to send your bitcoin elsewhere.

Quick Wirex GuideWirex Website

Option #4: OTC Services

Solidi homepage

Solidi is a great option.

Your third best option is to buy bitcoin through over-the-counter (OTC) services with a GBP UK bank transfer.

The table below shows the most popular and well-recommended options in the UK.

NameWebsiteReview
LocalbitcoinsVisit Now
BitBargainVisit Now
SolidiVisit NowSolidi Review
BittyliciousVisit NowBittylicious Review
BeyondCCVisit NowBeyondCC Review
PaxfulVisit NowPaxful Review

While you won’t get the best possible price when using these options, they are still quite competitive. Most of these options are usually selling at rates which are no more than 2.5% above the real BTC to GBP exchange rate.

This is still better than many options recommended across YouTube, Reddit, and other websites.

For example, Coinmama charges you more than 10% in fees when buying bitcoin. That’s somehow shocking, insulting, and amusing all at the same time.

Advantages

  • Convenient, quick, and easy way to buy bitcoin in the UK (with GBP).
  • Competitive prices (usually less than 2% above the real exchange rate).
  • Reputable and well-recommended, with (usually) better support than cryptocurrency exchanges.

Disadvantages

  • You’ll need to verify your identity (ID, bank card, and maybe more).
  • Bitcoin prices will be above the real BTC to GBP exchange rate.
  • Many options pass on blockchain fees to you (which can get high).

Which Option Is Best?

If you want to buy bitcoin at the best possible price, then you’ll want to use a cryptocurrency exchange like Coinbase Pro or Bitstamp (using option #1 or #2).

But neither of those two options are quick or easy.

At best, you’ll be waiting at least 2 days before you can buy bitcoin. That really sucks.

If you don’t want all that faff? Check out Wirex (option #3).

Here’s why:

  • You can buy bitcoin at excellent rates – usually about 1% above the real market rate.
  • You can deposit GBP with a debit card, credit card, or UK bank transfer.
  • GBP deposits via UK bank transfers are usually credited in <1 hour
  • It’s the quickest way to buy bitcoin in the UK without getting ripped off.

What if you don’t want to use Coinbase Pro, Bitstamp, or Wirex?

The other options I’ve mentioned are still competitive. In fact, they’re only becoming more competitive with the popular exchanges.

For instance, Solidi is a fantastic option.

  • Get verified quickly.
  • Supports UK bank transfers (via Faster Payments).
  • Usually has rates around 1% above the real exchange rate.
If you signup through this link, you’ll also get £5 FREE when you make your first £100 purchase on Solidi with.

What Next?

Hardware wallets aren’t mandatory, but they are popular and well-recommended across the crypto-community.

Hardware wallets are small USB devices which help keep your hard-earned cryptocurrency secure.

I’ve reviewed nearly every hardware wallet on the market. Without a doubt, the Ledger Nano X is the best cryptocurrency hardware wallet which is currently available.

It’s reasonably priced, extremely easy to setup and use, and is Bluetooth enabled too – so you can use it on-the-go if you want. I think it’s 100% worth the investment to keep your cryptocurrency safe.

Check out my recent review to learn more about the Ledger Nano X.

Looking for something a little different?

Check out my quick rundown of the best hardware wallets on the market.

Have a Question?

Have a problem you can’t solve? Or a question you can’t find an answer to?

Comment below and let me know! I usually respond within 24-48 hours.

Anything to Add?

Did I miss something? Or did I make a mistake?

Let me know in the comments below or tweet me.

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  25. Dean 27th October 2017
    • Penguin 27th October 2017
      • Dean 27th October 2017
        • Dean 27th October 2017
          • Penguin 28th October 2017
  26. BittyBot 20th October 2017
    • Penguin 20th October 2017

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