Where to buy Cryptocurrency in UK?

An Overview

The term Cryptocurrency is not as complicated as it sounds. As we all know that it is a digital asset designed to work as a medium of exchange since 2009. If you are new to the term Cryptocurrency, bitcoin, and blockchain technology then we are going to mention every small detail related to such digital currencies. This medium of exchange work online for dealing with goods and services. It is a more technical term and it works using a technology known as the blockchain. These digital currencies are most issues by companies in a form of tokens and they can be traded to buy goods and services which is provided by companies.

Trading and Buying cryptocurrency in the UK market is a very hard task. To make it easy for you all, we have well researched the companies where you should buy Cryptocurrency in the UK. But before we begin to know, let’s get detail about some top cryptocurrencies flowing in the market. You can easily get started with Cryptocurrency investments if you know how it functions.

There are several Cryptocurrencies traded by different companies publicly. We have mentioned some top 10 cryptocurrencies by market capitalization traded currently worldwide

Where to Buy Cryptocurrency in the United Kingdom?

Well, with the changes in technology, such digital terms have become easy to understand and trade. There are several websites, you can open an account, sell, buy and invest in cryptocurrencies. We have researched and going to mention some of the popular exchanges where you can buy Cryptocurrencies & Bitcoin in the United Kingdom (UK). Let’s get to know about these popular exchanges in detail.

1. eToro

• This exchange in the UK is very popular as well as reliable to its customers. It supports Bitcoin, Ethereum, Litecoin, Zcash, and 15 other digital coins.
• You can start trading on eToro as soon as you open the website on the browser.
• eToro offers a copy trading feature too.
• It provides a clean and easy trading interface to its buyers.
• Deposits in eToro can be made easily with bank transfers, SEPA, NETELLER, PayPal, and other digital payment platforms.
• It is the most trusted reliable exchange and it has been active in traditional finance as well since its establishment.

2. CoinJar

• CoinJar is second in the topmost exchanges in the UK.
• Apps for CoinJar are available in both Android and iOS.
• It gives benefits like fast money transfer.
• This Crypto exchange was established in 2013.
• Another applicate of CoinJar like CoinJar Exchange and CoinJar OTC trading Desk cater is for professional traders.
• The fees to buy crypto from this exchange is very low.
• It gives an average speed with high payment limits.

3. Bitpanda

• This Crypto exchange is based in Europe but works for the UK and other countries.
• You can easily buy Crypto & Bitcoin with the card, SOFORT, Skrill, eps, SEPA, and other online payment transfer.
• Bitpanda is a reliable and most trusted exchange.
• This exchange has high payment limits with low fees and gives high speed.
• You will find a reliable and trusted broker in this crypto exchange.

4. Coinbase

• Coinbase is the most popular and the world’s largest Bitcoin broker.
• They provide easy procedures and a fast way to buy bitcoin to their new users.
• This crypto exchange support customers from countries like United States, Europe, United Kingdom, Singapore, Canada, Australia, and other 25 countries as well.
• Customers can buy cryptocurrencies by debit card, online bank transfer, SEPA, and other online digital payment application from any country mentioned above.
• They provide high liquidity and buying limits to their users.
• They also have an “Instant Buy” option which is available for debit card users.
• They have an average speed for bank transfers which takes almost 5 business days.
• Fees is average and it is easy to use.

5. Coinmama

• Coinmama is one of the largest and trusted crypto exchanges.
• They allow customers to buy cryptocurrencies from any country.
• They charge average fees and work very fast.
• People staying in Europe can also buy Crypto at a low-fees with SEPA.
• They have many trusted and reliable brokers who guide their customers in a very understanding manner.

6. BitBargain

• BitBargain is the best marketplace to buy and sell cryptocurrencies in the United Kingdom.
• They ensure the reliability to its customer as well as vets its sellers to ensure positive buyer feedback while trading.
• They provide several payment methods for instant buying crypto.
• The risk of getting scammed in this exchange is very low as they have trusted sellers
• BitBargain has average fees and it is fast as it claims an average purchase time of 8 minutes only.

7. Coinfloor

• Coinfloor is a UK-registered exchange that provides users with options like trading national currencies with cryptocurrencies.
• Although, it offers currencies in pairs like BTC/GBP, LTC/GBP, ETC/GBP, XRP/GBP, XBT/GBP, XBT, EUR, XBT/USD, and BCH/GBP.
• As this crypto exchange has a comprehensive fee structure so the minimum GBP deposit should be around 5000 euros.
• Such deposits can be made via bank transfers, online payment apps, EUR, BTH, and BTC as well.

8. Coindirect

• This crypto exchange is an international marketplace to trade digital currencies.
• Coindirect works in many areas and provides its buyers and sellers to deal with digital assets and cryptocurrencies.
• You can get information about this crypto exchange related to its fee structure by visiting its web page.

Conclusion:

Well, these are some of the popular and largest trading platforms where you can easily buy and sell cryptocurrencies in the United Kingdom. Each platform has its pros and cons, it’s up to you, which one you should choose. Although, they are trusted and reliable platforms with and trade with trusted brokers. Some of them offer its customers to buy from many other countries with the UK. It is a tough task to choose the best crypto exchange as you are going to invest so much of your savings. So, if you are also looking for an online crypto exchange platform to invest in crypto and bitcoin then choose any of the above crypto exchanges.

We hope the above information related to cryptocurrency and where to buy crypto in the UK is helpful and easy to understand. If you have any queries related to this article, feel free to leave a comment below.

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Christy Bella

Blogger by Passion | Contributor to many Business Blogs in the United Kingdom | Fascinated to Write Blogs in Business & Startup Niches |

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