How To Buy Bitcoin In UK
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Transcript of How To Buy Bitcoin In UK
HOW TO BUY
BITCOIN IN
UNITED KINGDOM
2
Presented by: Smart Bitcoin Investments
We Want To Teach The World How To Invest In Cryptocurrency
Author: Jeffrey Ito
www.smartbitcoininvestments.com
2021 Lithium Gold Ventures, LLC
All Rights Reserved.
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Table Of Contents
Table Of Contents 3
How To Buy And Sell Bitcoin In The United Kingdom 5 1. Coinbase Pro 6 2. Crypto.com 6 3. Coinjar 6 4. Wirex 7 5. Coinfloor 7 6. Localbitcoins 7 7. Coinmama 8
In Conclusion 8
East Midlands 9 Cities In East Midlands 10
Eastern England 11 Cities In Eastern England 12
Greater London 13 Cities In Greater London 14
North East England 15 Cities In North East England 16
North West England 17 Cities In North West England 18
Northern Ireland 19 Cities In Northern Ireland 20
Scotland 21 Cities In Scotland 22
South East England 23 Cities In South East England 24
South West England 25 Cities In South West England 26
South West England 27
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Cities In South West England 28
Wales 29 Cities In Wales 30
West Midlands 31 Cities In West Midlands 32
Yorkshire and the Humber 33 Cities In Yorkshire and the Humber 34
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How To Buy And Sell Bitcoin In The United Kingdom
Here are full-detailed steps on how to buy Bitcoin in the United Kingdom. STEP 1: Create And Set Up A Wallet The first step to take when buying Bitcoin in the United Kingdom is to set up a wallet. A wallet is a unique software where Bitcoin and other cryptos such as ETH, BCH, XRP, and so on are kept. Coins are not stored anywhere. All wallets have a private key that comprises secret numbers and paraphrases words related to the particular wallet's address. Wallets enhance the buying and selling of crypto and give full authorization to the owner of the account. These wallets are the four major types: (1) mobile, (2) hardware, (3) desktop, and (4) web To set up a bitcoin wallet, download any wallet of your choice, input your details, after which you will be given a private key. Ensure to keep your private key safely always to have access to your wallet. You will also be given an address that is liked to your wallet; this address is where your coin will be sent. STEP 2: Buy Bitcoin
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After setting up your wallet, the next step is to buy Bitcoin. There are several ways in which you can buy Bitcoin in the United Kingdom. They are:
1. Coinbase Pro Coinbase pro is one of the best ways to purchase Bitcoin in the United Kingdom with a United Kingdom direct bank transfer through Faster Payments, SEPA or SWIFT transfer. It is also one of the cheapest forms of buying cryptocurrency. Coinbase pro is the leading Bitcoin trading platform, given an electronic money license. This was because no particular crypto exchange was used to offer deposits through faster payment.
2. Crypto.com You can easily buy Bitcoin and other crypto on crypto.com at the real trading rate with a transaction fee of 0%. Deposits of GBP are no longer available, so this way of buying Bitcoin presently needs a few more steps. Due to this, crypto.com is a little bit slower. Here are the steps for buying Bitcoin on Crypto.com
● Create an account with Revolut (a portable banking application) ● Create an account with Crypto.com (another mobile application) ● Add and launch your EUR account at Revolut ● Deposit GBP (credit/debit card through United Kingdom bank) to your Revolut account ● Trade GBP in Revolut for EUR (at the genuine conversion standard, without any
charges, immediately) ● Send EUR to Crypto.com from Revolut ● Purchase Bitcoin (at the real conversion standard, without any expenses)
3. Coinjar CoinJar is a digital money merchant established in 2012, which permits you to purchase Bitcoin (and other digital forms of money) with a United Kingdom bank transfer.
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When you purchase or sell Bitcoin on this platform, your transaction fee is up to 1%. Yet, you will additionally be provided Bitcoin cost estimates that are a little over the genuine swapping scale. Funds are credited very fast, and the natural interface of the coin jar makes it straightforward and simple to utilize.
4. Wirex With a debit/credit card, Visa, or UK bank transfer, Wirex enables you to purchase bitcoin (and other digital forms of money) without paying high expenses. The conversion rate has a fee of around 1.5 percent and a fixed cost of 1 percent. Perhaps the least expensive way to buy Bitcoin in the United Kingdom without using a trading platform like Coinbase Pro is that you will have the option to buy Bitcoin or not. Also, even though it is not the least costly way of buying bitcoin with a credit card or Mastercard in the United Kingdom at this stage, it is still dire in 2021.
5. Coinfloor Since 2012, Coinfloor has been around, making it the longest-settled United Kingdom Bitcoin trade. They're a trustworthy platform that seems to be well-known with brokers and big financial investors. Coinfloor offers United Kingdom bank transfer, which implies GBP should be automatically credited to your Coinfloor account. It gives you access to the original BTC-to-GBP swapping scale, but there are exchange charges of 0.3 percent for low-volume customers. There is a constant fee of £ 2.00 for each deposit you build on top of this. If you're buying large quantity coins, this isn't bad. On the off chance that you deposited and bought a £ 2,000 value of BTC on Coinfloor account, you will pay around 0.5% in transaction fees. That is about the Coinbase equivalent. Be that as it might, it has a withdrawal fee of 0.0005 BTC (approximately £3).
6. Localbitcoins
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Localbitcoins is a public (P2P) exchange platform that enables you to trade Bitcoin monetary standards in the neighborhood. It allows buyers/dealers to post advertisements setting the conversion rate and the ideal strategy for installments. These adverts can be searched and responded to by different sellers/purchasers.
7. Coinmama Coinmama is a speedy and safe platform that makes it possible to buy crypto, such as Bitcoin, using the United Kingdom debit/credit cards. Be that as it may, Coinmama does not have an inbuilt wallet for BTC in comparison to a different platform. It would be best if you then created a Bitcoin wallet before using Coinmama. On the off chance that you use a MasterCard and buy the Bitcoin in your given wallet after the transaction, Coinmama charges a 5 percent transaction fee on any exchange. STEP 3: Keep Your Bitcoin Safe If you have bought bitcoin, you must keep it secure. Here are some simple guidelines to follow:
● Create several copies of your private keys: You should maintain a copy of your private keys kept off-site to ensure the prevention of any form of theft, crash, or hard drive disappointment.
● Never give someone your private keys: Giving your private keys to someone else is similar to giving them direct entry to your account.
● Portable and Desktop Wallets: Ensure that the software of your online and offline wallets is up-to-date. This implies that they are just about as healthy as can be predicted.
In Conclusion Having a bitcoin wallet is the primary phase in buying bitcoin. Knowing how wallets work is very important. Bitcoin wallets, like other cryptocurrency wallets, have public bitcoin addresses and also private keys. The private key (security codes) gives you access to your public Bitcoin address and the Bitcoin network UI. It is a secret code or phrase from a particular bitcoin stored in your wallet. For potential exchanges, private keys are fundamental. The Bitcoin address is then used again to buy or sell Bitcoin from various parties.
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East Midlands
Region East Midlands
Abbreviation N/A
Total Number of Bitcoin ATMs
281
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-east-midlands/
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Cities In East Midlands
City Page # of Bitcoin ATMs
Chesterfield https://www.smartbitcoininvestments.com/buy-bitcoin-in-chesterfield/ 0
Derby https://www.smartbitcoininvestments.com/buy-bitcoin-in-derby/ 1
Grimsby https://www.smartbitcoininvestments.com/buy-bitcoin-in-grimsby/ 0
Leicester https://www.smartbitcoininvestments.com/buy-bitcoin-in-leicester/ 4
Lincoln https://www.smartbitcoininvestments.com/buy-bitcoin-in-lincoln-united-kingdom/ 0
Mansfield https://www.smartbitcoininvestments.com/buy-bitcoin-in-mansfield/ 232
Northampton https://www.smartbitcoininvestments.com/buy-bitcoin-in-northampton/ 22
Nottingham https://www.smartbitcoininvestments.com/buy-bitcoin-in-nottingham/ 22
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Eastern England
Region Eastern England (East of England)
Abbreviation N/A
Total Number of Bitcoin ATMs
188
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-eastern-england/
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Cities In Eastern England
City Page # of Bitcoin ATMs
Basildon https://www.smartbitcoininvestments.com/buy-bitcoin-in-basildon/ 1
Bedford https://www.smartbitcoininvestments.com/buy-bitcoin-in-bedford/ 0
Cambridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-cambridge-united-kingdom/ 2
Chelmsford https://www.smartbitcoininvestments.com/buy-bitcoin-in-chelmsford/ 3
Colchester https://www.smartbitcoininvestments.com/buy-bitcoin-in-colchester/ 0
Ipswich https://www.smartbitcoininvestments.com/buy-bitcoin-in-ipswich/ 1
Luton https://www.smartbitcoininvestments.com/buy-bitcoin-in-luton/ 179
Norwich https://www.smartbitcoininvestments.com/buy-bitcoin-in-norwich/ 0
Peterborough https://www.smartbitcoininvestments.com/buy-bitcoin-in-peterborough/ 2
Romford https://www.smartbitcoininvestments.com/buy-bitcoin-in-romford/ 0
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Greater London
Region Greater London
Abbreviation N/A
Total Number of Bitcoin ATMs
506
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-greater-london/
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Cities In Greater London
City Page
# of Bitcoin ATMs
Archway https://www.smartbitcoininvestments.com/buy-bitcoin-in-archway/ 0
Becontree https://www.smartbitcoininvestments.com/buy-bitcoin-in-becontree/ 0
Bexley https://www.smartbitcoininvestments.com/buy-bitcoin-in-bexley/ 0
City of Westminster https://www.smartbitcoininvestments.com/buy-bitcoin-in-city-of-westminster/ 179
Croydon https://www.smartbitcoininvestments.com/buy-bitcoin-in-croydon/ 179
Dagenham https://www.smartbitcoininvestments.com/buy-bitcoin-in-dagenham/ 0
Enfield Town https://www.smartbitcoininvestments.com/buy-bitcoin-in-enfield-town/ 0
Harrow https://www.smartbitcoininvestments.com/buy-bitcoin-in-harrow/ 2
London https://www.smartbitcoininvestments.com/buy-bitcoin-in-london/ 146
Sutton https://www.smartbitcoininvestments.com/buy-bitcoin-in-sutton/ 0
Watford https://www.smartbitcoininvestments.com/buy-bitcoin-in-watford/ 0
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North East England
Region North East England
Abbreviation N/A
Total Number of Bitcoin ATMs
2
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-north-east-england/
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Cities In North East England
City Page # of Bitcoin ATMs
Newcastle upon Tyne
https://www.smartbitcoininvestments.com/buy-bitcoin-in-newcastle-upon-tyne/ 1
Sunderland https://www.smartbitcoininvestments.com/buy-bitcoin-in-sunderland/ 1
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North West England
Region North West England
Abbreviation N/A
Total Number of Bitcoin ATMs
43
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-north-west-england/
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Cities In North West England
City Page # of Bitcoin ATMs
Birkenhead https://www.smartbitcoininvestments.com/buy-bitcoin-in-birkenhead/ 9
Blackburn https://www.smartbitcoininvestments.com/buy-bitcoin-in-blackburn/ 0
Blackpool https://www.smartbitcoininvestments.com/buy-bitcoin-in-blackpool/ 1
Bolton https://www.smartbitcoininvestments.com/buy-bitcoin-in-bolton/ 0
Burnley https://www.smartbitcoininvestments.com/buy-bitcoin-in-burnley/ 0
Liverpool https://www.smartbitcoininvestments.com/buy-bitcoin-in-liverpool/ 1
Manchester https://www.smartbitcoininvestments.com/buy-bitcoin-in-manchester/ 13
Oldham https://www.smartbitcoininvestments.com/buy-bitcoin-in-oldham/ 0
Preston https://www.smartbitcoininvestments.com/buy-bitcoin-in-preston/ 1
Rochdale https://www.smartbitcoininvestments.com/buy-bitcoin-in-rochdale/ 0
St Helens https://www.smartbitcoininvestments.com/buy-bitcoin-in-st-helens/ 0
Stockport https://www.smartbitcoininvestments.com/buy-bitcoin-in-stockport/ 0
Warrington https://www.smartbitcoininvestments.com/buy-bitcoin-in-warrington/ 18
Wigan https://www.smartbitcoininvestments.com/buy-bitcoin-in-wigan/ 0
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Northern Ireland
Region Northern Ireland
Abbreviation N/A
Total Number of Bitcoin ATMs
1
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-northern-ireland/
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Cities In Northern Ireland
City Page # of Bitcoin ATMs
Belfast https://www.smartbitcoininvestments.com/buy-bitcoin-in-belfast/ 1
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Scotland
Region Scotland
Abbreviation SCT
Total Number of Bitcoin ATMs
8
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-scotland/
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Cities In Scotland
City Page # of Bitcoin ATMs
Aberdeen https://www.smartbitcoininvestments.com/buy-bitcoin-in-aberdeen/ 1
Dundee https://www.smartbitcoininvestments.com/buy-bitcoin-in-dundee/ 1
Edinburgh https://www.smartbitcoininvestments.com/buy-bitcoin-in-edinburgh/ 3
Glasgow https://www.smartbitcoininvestments.com/buy-bitcoin-in-glasgow/ 3
23
South East England
Region South East England
Abbreviation N/A
Total Number of Bitcoin ATMs
18
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-south-east-england/
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Cities In South East England
City Page # of Bitcoin ATMs
Basingstoke https://www.smartbitcoininvestments.com/buy-bitcoin-in-basingstoke/ 0
Brighton https://www.smartbitcoininvestments.com/buy-bitcoin-in-brighton/ 2
Canterbury https://www.smartbitcoininvestments.com/buy-bitcoin-in-canterbury/ 1
Crawley https://www.smartbitcoininvestments.com/buy-bitcoin-in-crawley/ 0
Eastbourne https://www.smartbitcoininvestments.com/buy-bitcoin-in-eastbourne/ 1
Gillingham https://www.smartbitcoininvestments.com/buy-bitcoin-in-gillingham/ 2
Hastings https://www.smartbitcoininvestments.com/buy-bitcoin-in-hastings/ 0
High Wycombe https://www.smartbitcoininvestments.com/buy-bitcoin-in-high-wycombe/ 0
Kent https://www.smartbitcoininvestments.com/buy-bitcoin-in-kent-united-kingdom/ 1
Maidstone https://www.smartbitcoininvestments.com/buy-bitcoin-in-maidstone/ 1
Milton Keynes https://www.smartbitcoininvestments.com/buy-bitcoin-in-milton-keynes/ 0
Oxford https://www.smartbitcoininvestments.com/buy-bitcoin-in-oxford/ 3
Portsmouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-portsmouth-united-kingdom/ 3
Reading https://www.smartbitcoininvestments.com/buy-bitcoin-in-reading/ 1
Saint Peters https://www.smartbitcoininvestments.com/buy-bitcoin-in-saint-peters/ 0
Slough https://www.smartbitcoininvestments.com/buy-bitcoin-in-slough/ 1
Southampton https://www.smartbitcoininvestments.com/buy-bitcoin-in-southampton/ 1
Southend-on-Sea https://www.smartbitcoininvestments.com/buy-bitcoin-in-southend-on-sea/ 1
Woking https://www.smartbitcoininvestments.com/buy-bitcoin-in-woking/ 0
Worthing https://www.smartbitcoininvestments.com/buy-bitcoin-in-worthing/ 0
25
South West England
Region South West England
Abbreviation N/A
Total Number of Bitcoin ATMs
8
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-south-west-england/
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Cities In South West England
City Page # of Bitcoin ATMs
Bath https://www.smartbitcoininvestments.com/buy-bitcoin-in-bath/ 0
Bournemouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-bournemouth/ 1
Bristol https://www.smartbitcoininvestments.com/buy-bitcoin-in-bristol/ 3
Cheltenham https://www.smartbitcoininvestments.com/buy-bitcoin-in-cheltenham/ 0
Chudleigh https://www.smartbitcoininvestments.com/buy-bitcoin-in-chudleigh/ 1
Exeter https://www.smartbitcoininvestments.com/buy-bitcoin-in-exeter/ 1
Gloucester https://www.smartbitcoininvestments.com/buy-bitcoin-in-gloucester/ 0
Kingsbridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-kingsbridge/ 1
Mendip https://www.smartbitcoininvestments.com/buy-bitcoin-in-mendip/ 0
Plymouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-plymouth/ 1
Poole https://www.smartbitcoininvestments.com/buy-bitcoin-in-poole/ 0
Swindon https://www.smartbitcoininvestments.com/buy-bitcoin-in-swindon/ 0
27
South West England
Region South West England
Abbreviation N/A
Total Number of Bitcoin ATMs
8
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-south-west-england/
28
Cities In South West England
City Page # of Bitcoin ATMs
Bath https://www.smartbitcoininvestments.com/buy-bitcoin-in-bath/ 0
Bournemouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-bournemouth/ 1
Bristol https://www.smartbitcoininvestments.com/buy-bitcoin-in-bristol/ 3
Cheltenham https://www.smartbitcoininvestments.com/buy-bitcoin-in-cheltenham/ 0
Chudleigh https://www.smartbitcoininvestments.com/buy-bitcoin-in-chudleigh/ 1
Exeter https://www.smartbitcoininvestments.com/buy-bitcoin-in-exeter/ 1
Gloucester https://www.smartbitcoininvestments.com/buy-bitcoin-in-gloucester/ 0
Kingsbridge https://www.smartbitcoininvestments.com/buy-bitcoin-in-kingsbridge/ 1
Mendip https://www.smartbitcoininvestments.com/buy-bitcoin-in-mendip/ 0
Plymouth https://www.smartbitcoininvestments.com/buy-bitcoin-in-plymouth/ 1
Poole https://www.smartbitcoininvestments.com/buy-bitcoin-in-poole/ 0
Swindon https://www.smartbitcoininvestments.com/buy-bitcoin-in-swindon/ 0
29
Wales
Region Wales
Abbreviation WAL
Total Number of Bitcoin ATMs
18
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-wales/
30
Cities In Wales
City Page # of Bitcoin ATMs
Cardiff https://www.smartbitcoininvestments.com/buy-bitcoin-in-cardiff/ 7
Newport https://www.smartbitcoininvestments.com/buy-bitcoin-in-newport/ 9
Swansea https://www.smartbitcoininvestments.com/buy-bitcoin-in-swansea/ 2
31
West Midlands
Region West Midlands
Abbreviation N/A
Total Number of Bitcoin ATMs
87
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-west-midlands/
32
Cities In West Midlands
City Page
# of Bitcoin ATMs
Birmingham https://www.smartbitcoininvestments.com/buy-bitcoin-in-birmingham-united-kingdom/ 24
Burton upon Trent
https://www.smartbitcoininvestments.com/buy-bitcoin-in-burton-upon-trent/ 0
Coventry https://www.smartbitcoininvestments.com/buy-bitcoin-in-coventry/ 1
Dudley https://www.smartbitcoininvestments.com/buy-bitcoin-in-dudley/ 0
Royal Leamington Spa
https://www.smartbitcoininvestments.com/buy-bitcoin-in-royal-leamington-spa/ 0
Solihull https://www.smartbitcoininvestments.com/buy-bitcoin-in-solihull/ 0
Stoke-on-Trent https://www.smartbitcoininvestments.com/buy-bitcoin-in-stoke-on-trent/ 18
Sutton Coldfield https://www.smartbitcoininvestments.com/buy-bitcoin-in-sutton-coldfield/ 0
Telford https://www.smartbitcoininvestments.com/buy-bitcoin-in-telford/ 0
Walsall https://www.smartbitcoininvestments.com/buy-bitcoin-in-walsall/ 22
West Bromwich https://www.smartbitcoininvestments.com/buy-bitcoin-in-west-bromwich/ 0
Wolverhampton https://www.smartbitcoininvestments.com/buy-bitcoin-in-wolverhampton/ 22
Worcester https://www.smartbitcoininvestments.com/buy-bitcoin-in-worcester-united-kingdom/ 0
33
Yorkshire and the Humber
Region Yorkshire and the Humber
Abbreviation N/A
Total Number of Bitcoin ATMs
27
Webpage https://www.smartbitcoininvestments.com/buy-bitcoin-in-yorkshire-and-the-humber/
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Cities In Yorkshire and the Humber
City Page # of Bitcoin ATMs
Bradford https://www.smartbitcoininvestments.com/buy-bitcoin-in-bradford/ 1
Doncaster https://www.smartbitcoininvestments.com/buy-bitcoin-in-doncaster/ 0
Huddersfield https://www.smartbitcoininvestments.com/buy-bitcoin-in-huddersfield/ 0
Kingston upon Hull
https://www.smartbitcoininvestments.com/buy-bitcoin-in-kingston-upon-hull/ 2
Leeds https://www.smartbitcoininvestments.com/buy-bitcoin-in-leeds/ 4
Middlesbrough https://www.smartbitcoininvestments.com/buy-bitcoin-in-middlesbrough/ 1
Rotherham https://www.smartbitcoininvestments.com/buy-bitcoin-in-rotherham/ 0
Sheffield https://www.smartbitcoininvestments.com/buy-bitcoin-in-sheffield/ 19
York https://www.smartbitcoininvestments.com/buy-bitcoin-in-york/ 0