Bitcoin SourceBitcoin SourceIf you’re looking to buy Bitcoin, you’ll find here a breakdown of some of the main cryptocurrency suppliers for the UK.
They are all trustworthy exchanges or marketplaces that have been online for several years.
Links to reviews on Trustpilot are included for each site so you can buy with confidence.
Paxful is a huge peer to peer network, meaning you connect independently with buyers to get your Bitcoin. You can buy small amounts easily and Paypal is accepted by many vendors. You must ensure you check the reviews of who you are dealing with. An ideal option to buy Bitcoin cheaply in the UK.
PROS
+ Easy to use
+ Beginner friendly
+ Many payment options
CONS
– You must check vendors
– Customer service slow
Coinbase is a global Bitcoin exchange that has been operating for several years and is trusted by thousands. Some ID verification is required the first time you use their service. Probably the world’s most well known Bitcoin exchange, allowing you to safely buy Bitcoin
PROS
+ User friendly
+ Variety of coins
+ Well regarded brand
+ Never been hacked
CONS
– Can be slow to send out
– Customer service can be random
– Fees
As well as allowing you to buy Bitcoin with a debit or credit card, CEX.io is a trusted and secure platform for trading in a variety of different cryptocurrencies.
PROS
+ Buy crypto fast
+ Easy withdrawals
+ Diverse trading platform
CONS
– Mixed reviews
Changelly.com is an instant cryptocurrency exchange platform with competitive exchange rates for BTC, ETH, LTC, XRP, ADA and 140+ other cryptocurrencies. You can buy Bitcoin and several other cryptocurrencies using a credit card.
PROS
+ Easy to Use
CONS
– KYC can take time
– Occasional customer service delays
Bitpanda is an established European exchange with a variety of payment options. Once you have registered buying Bitcoin is very straightforward. Security is excellent and the support is fast to respond.
PROS
+ Easy to use
+ Price alerts
+ Good support
CONS
– Registration can take time
– High fees
Paybis is one of the easiest places to buy Bitcoin safely in the UK. A global brand, it is has been widely adopted, gaining the trust of many thousands of users around the world. This is as close to buying Bitcoin instantly as you will get as a new buyer.
PROS
+ Easy to use
+ Live 24/7 support
+ 5-minute ID verification
CONS
– Moderate fees