Andrew Munro is the cryptocurrency editor at Finder. He was initially writing about insurance, when he accidentally fell in love with digital currency and distributed ledger technology (aka “the blockchain”). Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
The transfer costs may include fees charged by your bank or card provider, such as exchange fees.
Network fees may apply to cryptocurrency transfers.
How fast will my funds be available?
Once you create an order, you will have 120 minutes to initiate your payment to receive your Bitcoin order.
Payments may complete almost instantly or take several days depending on the payment method and factors such as what bank you use, your location and the time of day.
Is Bitcoin UK safe to use?
Regulation. Bitcoin UK is a registered business in the Netherlands, and it complies with AML/KYC obligations around the world.
Verification process. Bitcoin UK requires users to verify their identity before they can buy Bitcoin.
Security features. Bitcoin UK is a non-custodial exchange, meaning it doesn’t hold your funds. Instead, it just transfers Bitcoin directly to you after you place your order. This means there’s no risk of losing your funds to an exchange hack.
How do I create an account at Bitcoin UK?
You will need to have your own Bitcoin wallet before you can start buying with Bitcoin UK.
Now you will have a choice between bank transfer (GBP only) and credit card payment (USD and EUR).
Select the desired option.
Fill out the details required, which will include your Bitcoin wallet address and the amount, check the details and then confirm your order.
Once you have placed your order, you then make your payment. Once Bitcoin UK receives your payment, it will send the Bitcoin to the wallet address you’ve provided.
What else do I need to know about Bitcoin UK?
Bitcoin UK is the UK-based branch of an international Bitcoin brokerage, founded in Australia in 2015.
In a nutshell
Simple. Buying Bitcoin is very straightforward on Bitcoin UK.
Non-custodial. You don’t have to entrust your crypto to an unknown exchange.
Easy payments. Between bank transfer and card payments, you have two easy options.
High fees for card payments. Bitcoin UK has a 3% commission for bank transfers, but fees of at least 8% all up for credit card payments.
Limited selection. You can only buy Bitcoin at Bitcoin UK.
Unpredictable transfer times. How long it takes to receive your cryptocurrency may vary.
Compare Bitcoin UK against other exchanges
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Frequently asked questions
Bitcoin UK’s overarching company accepts a wide range of currencies, including AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, JPY, NZD, NOK, PLN, RUB, SEK, SGD and USD.
There is no Bitcoin UK app, but you can access its website on mobile.
Bitcoin UK will request your identification before processing your first purchase.
You can contact Bitcoin UK by email. You can find the address in the “Contact Us” section of the website.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
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