How to Buy Bitcoin in the UK? (2021)
If you want to buy bitcoin but don't know how you can buy it, then you have come to the right place. We will tell you in this article how you can easily buy a sale. You can use your debit or credit card to buy bitcoin which is the simplest and most convenient process to buy it. This is not a cheap way for you to buy bitcoins. You are given some reliable sites to buy bitcoins from where you can get your BTC. In the UK if you buy bitcoin with your debit or credit card, some sites will charge you up to 4% if you want to avoid paying unnecessary fees. Today we bring you some trusted, popular ways to buy bitcoin in the UK that can help you buy bitcoin.
Buy bitcoin cheaply in the UK
Bank transfer and GBP is considered one of the best and cheapest ways to buy bitcoins if you live in the UK, and deposit your money into Coinbase Pro. On this platform, you have to pay a 0.5% fee to buy bitcoin at the exchange rate. Binance has become a popular option, with this exchange you can easily deposit GBP with a UK bank transfer. in which you have to pay a 0.1% fee, if you want, it can easily exchange bitcoin and other cryptocurrencies even without the exchange rate.
In this article, we have listed some of the best options for buying bitcoin cheap in the UK below which we are going to discuss. So, if you are planning to trade or mine Bitcoin, then you may visit the homepage.
CoinJar —
CoinJar is an option that supports fast payments, with a UK bank transfer followed by a GBP deposit, to CoinJar that is credited to your account within a few hours. When you send GBP to CoinJar, you are not charged at that time. If you buy or sell bitcoin or other cryptocurrencies through this exchange, you are charged a fixed fee of up to 1% at that point in time. Fees up to 0.2% have to be paid along with GBP.
Advantages
- It can be made available through browser and mobile apps.
- Low fees (between 1% and 1.5%).
- Simple and convenient
Revolut Route —
From the middle of the year 2017, started using it, so that they can use this exchange to buy bitcoins cheaply. It is being used by UK residents, which has become a popular solution. There are some cryptocurrency exchanges such as Bitstamp and Coinbase Pro that do not accept GBP deposits with UK bank transfers.
Advantages
- Through this exchange one gives full permission to exchange with currencies at any exchange rate.
- It is a very easy and cheap way to buy bitcoins in the UK, with fees ranging up to 0.5%.
Binance —
Binance is a UK platform that offers you cheap prices to buy bitcoins. With a UK bank transfer, you are given services like debit cards and credit cards. UK bank transfers are used to deposit GBP on the Binance exchange without incurring any fees. This is an exchange rate of one BTC to GBP. You will have to pay a fee of up to 0.1% to buy bitcoins.
Advantages
- If you want to buy bitcoin then you can buy bitcoin in the UK very easily with GBP it is a cheap way.
- If you keep Binance Coin with you, then the fee will be reduced by paying the trading fee given to you in it.
- Its use will be easily available to you on desktop and mobile apps as well.
- You can get BTC at the exchange rate.