The United Kingdom was recently announced has having the most crypto users in Europe, but buying and selling Bitcoin is by no means an easy feat for its citizens. To help out, here are 3 of the best places to buy Bitcoin in Britain.
Bitcoin is currently approaching its eleventh birthday, and while the very fact that it survived for this long is praiseworthy, it pales in comparison with what the coin has achieved in the past decade. Bitcoin is the reason why the crypto markets around the world exist in the first place.
However, when it comes to the UK, many still do not know where to buy BTC and how to get involved with cryptocurrency. New FCA guidelines on cryptocurrency businesses and ownership has perhaps also made this more difficult.
How to get Bitcoin in the UK?
Whether you live in the UK or any other part of the world, the methods of obtaining Bitcoin are pretty much the same. The best ones are through crypto exchanges, crypto custodian services, and crypto brokers.
Crypto exchanges are well-known to everyone who has had any contact with the crypto industry. They are the most popular way of exchanging coins, as well as for buying or selling crypto.
Bitcoin, as the most widespread cryptocurrency, is listed on pretty much every exchange in the world.
Crypto brokers may be a better option for those who plan to buy or sell large amounts of cryptocurrencies because placing a buy or sell order on the exchanges can often result in price slippage, multiple transactions and incomplete orders. It is sometimes unlikely that there will be another person that will buy or sell the same volume as your own order,