How to Buy Bitcoin in United Kingdom

Search

Best places to buy bitcoin

If you are looking to buy bitcoin then check out the prices at these exchanges which all accept customers from United Kingdom. Prices can vary quite significantly between exchanges and are constantly changing so the below is just a guide from the last few minutes. For more information on these exchanges and other exchanges for buying bitcoin or other cryptocurrencies in United Kingdom then please scroll down to the Exchanges Info Section which highlights the differences between them.

$ 67,156.30

Buy Bitcoin at Kraken

Buying bitcoin in United Kingdom

In the UK, there seems to be a unified attitude towards crypto regulation. Since the UK is no longer part of the EU, the UK now has more leeway to create its crypto-regulation framework. Currently, different government authorities influence use of cryptocurrency to some degree, but the Financial Conduct Authority (FCA) is the main regulatory body, regulating the prudential requirements, conduct of firms and anti-money laundering control. While there is a rising number of investigations conducted by the FCA, there seem to be no serious enforcement action taken deriving from crypto. However, this might change, considering the UK's 2021 ban on selling crypto-derivatives to retail consumers. Nevertheless, the UK banking sphere is quickly expanding. In January 2020, the first Authorized Payment Institution license was issued by the FCA to a crypto firm. Basically, the firm now provides payments services (online payment processing or money transfer) across the European Economic Area.
As of 20/03/2021

Bitcoin (BTC) Key Data

Price $

66,938.48

24hr %

0.30%

Mkt Cap $

1,270,801.93b

24hr High

68,200.00

24hr Low

65,618.49

The first cryptocurrency. It has limitations for transactions but it is still the most popular being secure, trusted and independent from banks and governments.

Exchanges Info

These exchanges all accept customers from United Kingdom. While they broadly offer the same services and you can buy bitcoin at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Kraken Account

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros

• It can be used to trade against fiat options
• Robust security measures
• Free SEPA deposits in Europe

Cons

• Not a very beginner-friendly interface.
• No card deposit options

Brand

Coins

Security

Usability

App

Service