Technology is changing the way we live. Numerous changes come into our lives because of technology and help to ease our life. Not only physically, but also the latest tech improved the economy and finance of the world at most. The invention of digital currency is the masterstroke for us. Well, some basic features are you can do the transaction from any place of the world to another quickly — no barrier to the physical or national fiat currencies.
The introduction of digital currency, a.k.a Cryptocurrency like BTC (Bitcoin) revolutionize the world or the internet. But still, there are lots of things that come across our way like policies of the country’s government, exchange, and others stop us buying or trading BTC. If you are staying in the UK, then lots of transactions are not accepting new customers. But in this post, I’m going to tell you some of the best websites to buy cryptocurrencies. Hold tight, let’s dig into it.
If you are residing in the UK, and want to purchase your first BTC, then CEX is the best place. CEX is the UK based exchange, operating since 2013 in the crypto market. This platform gained so much trust, and respect for it’s the best service and pioneering best crypto-related services. CEX supports five cryptocurrencies, including BTC, and you can purchase them directly from fiat currencies like EUR, USD, GBP, and RUB.
However, for dealing crypto in this platform needs to face a KYC check. It also has an app, which can get used for trading purposes.
Tokens.net is a newly launched platform, founded in the UK, in 2017. It is a trading platform as well as you can store your coins in it. Tokens.net introduced DTR (Dynamic Trading Rights) to trade safely, all coins including all ERC20 tokens and other cryptocurrencies.
Coinmama is one of the oldest crypto dealing platforms,
However, it only supports crypto buying. Apart from this drawback, it is one of the best platforms to buy your BTC in the UK. In Coinmama you have to use your external wallet to have your crypto, but you can purchase crypto directly in Coinmama. Coinmama only charges 5% of each debit of credit card transactions.
Coinbase has the most number of users in the world; that is why it is known as the best crypto exchange. Using Coinbase, you can buy your first crypto residing in the UK. UK users can do transactions in two methods; you can pay via debit or credit card or direct fiat deposits. Coinbase charges a very minimal fee of 3.99% of every debit of credit card transactions.
Many other exchanges are stopped accepting new users, but Local Bitcoin still on. That’s why it’s my personal favorite. It is a P-2-P BTC only trading platform which is available across 240+ countries, including the UK. In this platform, you meet seller online and have the deal fived fixed offline. You can pay for your transactions via cash, wire transfer, PayPal, SEPA, or direct bank deposit.