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Buy Bitcoin in Uk Best and Fast Way.

How to Buy Bitcoins in the UK.

you've heard all about the advantages of this amazing new financial technology called bitcoin, but how do you go about buying it?
While bitcoin makes sending payments between countries – or even continents – quick, cheap and easy, traditional banking systems have yet catch up. As a result, users buying bitcoin through a bank account report frustration with complex procedures, delays while funds arrive and high fees for international transfers.
Credit and debit cards will often incur charges too, and not all companies will accept them due to the risk of fraudulent chargebacks.
As a result, if you're not paying with cash at a bitcoin ATM or from an individual at a meetup, buying bitcoin is best done by fast and free domestic bank transfer – if you can find a bitcoin business offering that option, that is.

Bitcon UK

BTCOIN ATM's in UK.

The banking issue

The problem is, British banks are reluctant to service bitcoin companies so many exchanges are having to bank elsewhere in the EU. In these cases, you'll have to put up with charges on international transfers like SEPA and often wait 2–5 days for your funds to arrive.
The British government has made some noises about turning the country into a cryptocurrency-friendly environment. However, as it stands, a UK exchange providing SEPA bank transfers offers few advantages over any exchange in the EU – apart from being able to deposit in GBP, perhaps.
However, new banking partnerships are being forged that allow bitcoin exchanges add local deposit options for UK customers.

A note on price

Bitcoin is notoriously volatile – that is, the value can climb and drop significantly over short timeframes.
As a result, bitcoin buyers would do well to keep an eye on the price charts in order to make, hopefully, a timely purchase when the value is low. Indeed, many people earn money trading bitcoin, making the most of its volatility.


CoinDesk's guide to understanding price charts can be found here.
All that aside, for would-be owners of the digital currency, where can you buy bitcoin in the UK?

Bitcoin exchanges

Cryptocurrency exchanges offer a way to buy (and sell) bitcoin – and sometimes other digital currencies such as litecoin and dogecoin.
First things first, you'll need to register and provide proof of residency (a copy of recent utility bill) and identity (a photo ID scan) for anti-money laundering (AML)/know-your-customer (KYC) compliance procedures before you can use the platform's services.
Once that's done, you'll need to set up a bank payment using the details provided by the exchange, at which point you can fund your account and buy some bitcoin.
Note that it's worth avoiding using the word 'bitcoin' in the payment reference too. While this may sound odd, jittery banks have been known to balk at anything to do with the digital currency, even closing some accounts in the past.

Bitcoin Exchanges in UK:

Bitstamp

A Slovenia-based exchange that allows cash deposits via SEPA and eCheck. It announced that it will also accept Visa and Mastercard credit and debit cards for UK customers in January 2016.

Coinfloor

A London-based bitcoin exchange with an emphasis on security, claiming 100% multi-signature cold (offline) storage for all its bitcoin holdings. Notably, Coinfloor is an HMRC-approved bureau de change. Currently, sterling deposits can be made only via SEPA bank transfer. Charges £5 to deposit GBP and £10 to withdraw. Fees for other currencies can be found here.

CoinCorner

An Isle of Man-based exchange that is something between a full exchange and a peer-to-peer (p2p) marketplace. Users deposit funds in a CoinCorner account and then buy and sell bitcoin, litecoin and dogecoin with other users. The exchange started accepting 3D Secure-enabled Visa and MasterCard credit and debit cards on 23rd October. Otherwise, fiat currency deposits are made via SEPA bank transfer. No fees are charged on deposits, but there is a £10 fee for GBP withdrawals.

The exchange recently introduced a mobile wallet app for iOS and Android devices. Coinbase
Popular exchange and wallet provider Coinbase, now has a facility for UK users to purchase bitcoin using 3D secure-enabled credit and debit cards.

You might also consider other exchanges  like Kraken, Safello, Circle, Coinjar etc.

Bitcoin brokerages

Quickbitcoin

A London-based bitcoin brokerage enabling you to buy or sell bitcoins in any amount. Deposits can be made by UK Faster Payments or cash deposit at a bank. Also provides a bitcoin ATM at The Vape Lab, 232 Shoreditch High Street. For larger volumes (£2,000+), Quickbitcoin also runs an OTC marketplace. Accepts EUR and USD, as well as GBP, for larger amounts.