In this tutorial, we will be showing you the safest, easiest and cheapest way to buy bitcoin if you’re living in the United Kingdom. If you’re looking to buy bitcoin for the first time, then this is the best place for you to be. We want to help you avoid the scams that are associated with Bitcoin.
Buying bitcoins might seem like an intimidating task — there are several websites out there that you can buy Bitcoin from, but which one should you choose? You need to consider your own needs first when choosing your preferred platform — the method for payment, country restrictions, transfer time etc.
Let’s get started 👇
What is Bitcoin?
Launched in 2009, Bitcoin is the most popular and widely used cryptocurrency in the world.
Bitcoin is a digital currency that has been growing in popularity in recent years. Encouraged by its relative anonymity and lack of government control, it appeals to people who are tired of being forced to rely on banks and other financial institutions for their transactions.
How much is one Bitcoin?
This Bitcoin Price Card will update automatically so you will always see the latest Bitcoin Price in GBP.
Do I need to buy a whole Bitcoin?
No. Buying Bitcoin doesn’t have to be expensive. You can buy a fraction of one Bitcoin for as little as £10.
Take note: All investments carry risk. Never invest more than you can afford to lose.
Why should I buy Bitcoin?
If you find yourself asking why should I buy Bitcoin, this is the right article for you. In this article we will explain everything you need to know about Bitcoin including what it is, how it works, what determines its price and how it can be bought.
We hope that after reading this post you’ll come to understand why Bitcoin might be a good investment for your financial future and that of your loved ones.
Where can I buy Bitcoin?
The easiest way to buy Bitcoin in the UK is through Coinbase. Coinbase is a software application that enables individuals to transfer their money and buy or sell Bitcoins through their bank accounts. Individuals can also use their credit cards on the Coinbase platform to purchase Bitcoins.
We have a full detailed tutorial on how to use Coinbase. You can check it out here.