Buy Bitcoin in the UK: 25+ best exchanges (2020 update ...

News and information about CoinCorner.com

A place to discuss CoinCorner.com - the easiest way to buy Bitcoin, Ethereum, Litecoin and Ripple in the UK and Europe. CoinCorner is a crypto exchange helping to educate and bring cryptocurrencies to the masses. www.coincorner.com
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NiceHash - buy & sell hashing power

NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
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NanoTrade

Welcome to [/NanoTrade](https://www.reddit.com/NanoTrade), the best subreddit to discuss price and speculation on the instant, feeless cryptocurrency Nano!
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How to buy bitcoin UK (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How to buy bitcoin UK /r/BitcoinBeginners

How to buy bitcoin UK /BitcoinBeginners submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

How To Buy Bitcoin UK Easily - Quick Video Shows How To Buy Bitcoin UK Safely

How To Buy Bitcoin UK Easily - Quick Video Shows How To Buy Bitcoin UK Safely submitted by abitmorelife to u/abitmorelife [link] [comments]

How to buy Bitcoin under 18 UK?

I need to buy some BTC soon but I’m under 18 in the UK and I can’t ID verify anything about BTC yet. How do you guys recommend I go about this?
submitted by Samuel-W010 to Bitcoin [link] [comments]

How to buy Bitcoin under 18 UK? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How to Buy Bitcoin in the UK 2020

How to Buy Bitcoin in the UK 2020 submitted by CryptoLouise to BitcoinUK [link] [comments]

How to buy Bitcoin in 2020 in UK?

How to buy Bitcoin in 2020 in UK? submitted by Mr_SauravKT to BitcoinUK [link] [comments]

Where or how can I buy a small amount of Bitcoin based in the UK without having to sign up to any sites or anything? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Does anyone know how to buy bitcoin in the UK without id??

Anyone have any idea where I can buy btc in the UK by debit card or bank transfer preferably without any bloody id :/ it used to be so easy :(
submitted by Someone692 to Bitcoin [link] [comments]

How to Buy Bitcoin in the UK 2020

submitted by CryptoLouise to CoinBase [link] [comments]

How to Buy Bitcoin in the UK 2020

How to Buy Bitcoin in the UK 2020 submitted by CryptoLouise to HowToBuyBitcoin [link] [comments]

How to Buy Bitcoin in the UK 2020

If you’re from the UK and looking to buy your first Bitcoin with great British pounds, but you’re not too sure where to start, here are some trusted sites where you can buy bitcoin in the UK. I’ll explain the advantages, fees, and ease of use for every site in the following post.
How do you buy your Bitcoin in the UK?
https://everybithelps.co.uk/buy-bitcoin-uk
submitted by CryptoLouise to u/CryptoLouise [link] [comments]

How to Buy Bitcoin in the UK 2020

How to Buy Bitcoin in the UK 2020 submitted by CryptoLouise to BitcoinTutorial [link] [comments]

How to buy bitcoin as a 16 year old in the UK?

I am 16 years old living in the UK with a bank account with ability to send and recieve, I am looking to buy £200 worth of bitcoin without providing age verification, and then sending that bitcoin to a seller on shoppy.gg, is this possible and how would I go about doing it?
submitted by ck67s to Bitcoin [link] [comments]

Buy Cryptocurrency – How to Buy Bitcoin in the UK 2019

Buy Cryptocurrency – How to Buy Bitcoin in the UK 2019 submitted by joehatch to asktraders [link] [comments]

How to buy Bitcoin in the UK without verification

How to buy Bitcoin in the UK without verification submitted by n4bb to CoinPath [link] [comments]

How to use Coinbase & Coinbase Pro to Buy Bitcoin in 2019 (UK & Europe)

How to use Coinbase & Coinbase Pro to Buy Bitcoin in 2019 (UK & Europe) submitted by CryptoLouise to u/CryptoLouise [link] [comments]

So Brexit happened and you want to buy bitcoin from the UK? Here's how

There have been a few threads popping up lately here and in https://www.reddit.com/Bitcoin asking what are the best ways to purchase bitcoin from the UK.
I am a long term seller / broker of bitcoins via various methods so I thought I would write this guide as I am being asked alot of the same questions lately.
The UK is in quite a unique position in that the UK government is very pro bitcoin. Here is George Osborne purchasing his first coins. This conflicts with many UK banks which are anti bitcoin. This has made it nearly impossible for large financial institutions to enter the UK bitcoin market. Because of this most trading is done through a large network of small brokers.
There are 3 main methods to purchase bitcoins in the UK: Marketplaces, Exchanges and OTC block trades
Marketplaces
A bitcoin Marketplace is a website that matches buyers to sellers. By far the most popular payment method is a UK bank transfer. The process works as follows:
  1. The seller will list an offer to sell bitcoins at a certain fixed rate. Lets say for example £500 per BTC (Bitcoin)
  2. The buyer can then select how much they would like to purchase, they could for example select 2 BTC and the site would calculate the total to be £1000 or they could select £750 and the site would calculate this to be 1.5 BTC
  3. Once the buyer selects how much bitcoins they would like to buy the bitcoins are removed from the sellers wallet and held in escrow by a 3rd party, almost always by the website which is facilitating the trade.
  4. After the trade has been initiated the buyer will usually have to do some verifications with the seller, this varies from site to site and seller to seller but it typically will involve showing your ID and maybe more if it is a very large amount. Some sites verify the buyer so once you are verified you can trade with every seller, other sites the buyer will have to verify with every seller they trade with typically.
  5. Once verification is complete the buyer will be presented with the sellers bank account information and the buyer will transfer £500 for example to the seller. With most UK bank accounts this is an instant transfer.
  6. Once the money has arrived in the sellers account he/she will release the bitcoins to the buyer and they will be held in the buyer wallet.
  7. This next part is very important, the buyer should now secure their bitcoins usually by moving them off the marketplace into wallets they control fully. Some marketplaces store them in cold storage.
The most popular UK marketplaces are listed in the below table:
Name Price (Currently) Trader Quality Site Usability UK Based 100% Cold storage
Bitbargain £510 High High Yes No
Bittylicious £502.50 High High Yes No
Coinfloor £496 High High Yes Yes
Localbitcoins £498.75 Medium High No No
Coinfloor works slightly differently than the other marketplaces in that there are only a few personally selected brokers. In order to get the best price is it advisable that you have a dedicated broker. Dedicated brokers get charged less fees than non-dedicated so this fee gets carried over to the buyer and in turn lower fees. If you would like me to be your dedicated coinfloor broker please email me here: [email protected] or use my live chat service here: https://www.tawk.to/LondonLink
Importantly coinfloor also keeps all customer bitcoins in cold-storage. To quote their site :
Coinfloor operates with a 100% cold storage policy. All our client bitcoins are received, stored and sent out from within multiple underground vaults which maintain the same security standards as the Bank of England.
You can read more about their security here: https://coinfloor.co.uk/security
Having a dedicated broker has many advantages, a personal relationship being the most important. You can be sure you are cared for and not ripped of. You can ask questions and advice aswell as negotiate your prices.
Bitbargain also requires all sellers to pass a test to ensure they are of the highest quality, this if often reflected in the slightly higher prices. My Bitbargain profile is here: https://bitbargain.co.uk/profile/LondonLink
If you decide to use localbitcoins its safest to use highly experienced sellers, atleast 1000+ trades, my LBC profile is here: https://localbitcoins.com/accounts/profile/LondonLink/
I have no experience with bittylicious personally but I hear it a very reputable marketplace with good prices (see above table)
To reiterate, do not keep your bitcoins on a marketplace (unless using coinfloor) as they could be hacked, lost, stolen by an employee etc etc etc
Exchanges
Bitcoin exchanges are typically used by traders who are speculating on the bitcoin price in the short term. They are not intuitive to use and not recommended for the uninitiated. Due to banking problems all exchanges require deposits to be made via international bank transfers. These usually have high upfront costs, take 1-3 days to deposit and have very high verification requirements.
If are buying bitcoins in the £5000+ range you might get a better deal on an exchange but you have to be able to read an order book and place an order, if you don't know what this is then its best to avoid them altogether or do a lot of research before you use one. Again, do not store your coins on an exchange any longer than you have too. Although they have gotten better in recent years, many exchanges have been hacked in the past, traders have no choice but to keep their coins on an exchange as they use them daily but if you don't need to keep them there, don't take that counterparty risk.
OTC (Over-the-counter) block trades
OTC trades are typically performed for large trades in the figures of £50,000 + / 100+ BTC size and above. There are many reasons for this but typically its to avoid slippage on an exchange or to buy bitcoins privately. I can arrange large OTC block trades, upto £10,000,000 with no slippage, larger trades also possible. Please contact [email protected] to discuss your needs.
If you have any questions please ask in this thread, if others contribute information I have missed I can update the OP. If they are personal / private questions please feel free to PM me or email [email protected]
This was hastily written so I will edit for grammar / spelling later.
submitted by CleaverUK to BitcoinUK [link] [comments]

How do I buy bitcoin? I come from the uk litterly just going to buy some. Where do I go to buy em as I'm in the U.K.?

submitted by User_protocol to Bitcoin [link] [comments]

Bitcoin price news: Can you buy bitcoin in the UK? How to buy bitcoin?

Bitcoin price news: Can you buy bitcoin in the UK? How to buy bitcoin? submitted by ulros to fbitcoin [link] [comments]

How to get started buying bitcoin in the UK? Need guidance

So after seeing the post about bitcoin rising over 9000 usd on the front page a few days ago I started kicking myself for not buying it when I was considering a year ago. I bought 15 pounds worth at 10,000 usd through a blockchain wallet and after seeing it now skyrocket to 14000 usd I'm now kicking myself again for not buying more. Unfortunately I can't for the time being as it says on blockchain that it will take multiple days to verify my payment info till I can buy again.
I want to make a larger investment ASAP but whats the best way for someone in the UK? I've read various methods online and tbh am almost more confused than when I started with all the various options.
Here's what I've gathered: To buy bitcoin I shouldn't be using sites like the one I've just used because of fees. Instead I should use GDAX as per this video https://www.youtube.com/watch?v=lcCIjIAqM-4&t=52s
GDAX doesn't take GBP but only EUROS. So I need to convert my GBP to Euros. The fees with my bank are insane so the best way to do it is with Fidor who charge just a 2.50 flat fee then a low exchange rate. Use EUROS to buy bitcoin with no fees on GDAX.
Buy a hardware wallet and transfer majority of bitcoins to it after buying them.
Is that everything? I'm sure its far more complicated then that, I keep seeing Kraken mentioned a lot but where does it fit in. And at what point do potential fees with converting to EUROS add up to the point where its better (or the difference is so negligible) to just continue buying bitcoin how I've been doing them through a site that charges fees? Thanks.
submitted by scarras_ballsack to BitcoinUK [link] [comments]

How to buy bitcoin with Fidor UK bank?

Kraken wont let me login/502 errors for weeks now so thats no longer an option, Coinbase is taking now over a week to verify my passport photo i uploaded and cant buy anything until they take there sweet time.
Is there any other way of buying bitcoin, either through GBP or EURO SEPA transfer through Fidor UK with decent rates?
submitted by TransatlanticAB to BitcoinUK [link] [comments]

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To buy Bitcoins in the UK, you need to have a proper bitcoin exchange market. The bitcoin UK market has some of the best exchanges for crypto conversion. However, there are certain regulations enforced by these exchange platforms to ensure quality trading services to its customers. The Bitcoin exchange regulations in the UK are quite liberal. The Financial Conduct Authority (FCA) regulates the ... The easiest way to buy Bitcoin in the UK is to use a trusted Bitcoin broker. These services make it as simple as possible to get your hands on some BTC. Their platforms are easy to use, you can pay with GBP using everyday payment methods like your credit card or a bank transfer, and transactions are generally processed quite quickly. Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide. 8 Best Ways to Buy Bitcoin in the UK 1. Crypto.com. Crypto.com allows you to buy bitcoin (and other cryptocurrencies) at the real exchange rate with 0% fees. You can deposit GBP using a UK bank transfer to Crypto.com. This is handled via Faster Payments, which means that your money will be credited to your account within about an hour. Buy Bitcoin in minutes with The UK's Fastest Exchange. Smart. Simple. Secure. Trustpilot. The local Bitcoin partner you can trust. We have been helping Britain buy Bitcoin since 2016. Our worldwide network includes bitcoin.com.au, bitcoin.ca and more. Fast payments. We accept transfers via Faster Payments and Credit Card to ensure you get Bitcoin in your wallet in minutes, not days. Support ...

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How to buy Bitcoin for Beginners - YouTube

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