What is the easiest and cheapest way to buy bitcoin in the UK?

Discussion in 'General Bitcoin Gambling Discussion' started by Umair, Jul 7, 2016.

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  1. Umair

    Umair Member

    I hear that the competition is pretty soft at bitcoin poker rooms so I'd like to give it a try but I'm not sure how to go about buying bitcoin in the UK. Any recommendations?
     
    Umair, Jul 7, 2016
    #1
  2. Humble Servant

    Humble Servant Active Member Staff Member

    You should check out this guide to buying bitcoin for gambling that offers recommendations to a few trustworthy btc brokers and exchanges. If you live in the UK then the cheapest and easiest way to buy bitcoin would be with a debit card or credit card at an exchange like Kraken or Coinbase.
     
    Humble Servant, Jul 12, 2016
    #2
  3. Kaboom

    Kaboom Member

    What fees do BTM's charge in the UK?
     
    Kaboom, Jul 25, 2016
    #3
  4. Humble Servant

    Humble Servant Active Member Staff Member

    In London I think the average fee for buying bitcoin from an ATM is about 5% but it can go as high as 10%.
     
    Humble Servant, Aug 5, 2016
    #4
  5. 2damoon

    2damoon Member

    2damoon, Sep 2, 2016
    #5
  6. Humble Servant

    Humble Servant Active Member Staff Member

    You would also try Paxful.com who facilitate person-to-person bitcoin purchases using an escrow service. Using Paxful you can buy bitcoin with Western Union, PayPal, Amazon Gift Cards, Debit/Credit cards, Skrill and a ton of other payment methods. The site uses a reputation system so you should only buy from sellers who have proven to be honest in the past.
     
    Humble Servant, Oct 6, 2016
    #6
  7. Humble Servant

    Humble Servant Active Member Staff Member

    Bittylicious.com are a UK marketplace for buying and selling bitcoin. Anyone with UK bank account can purchase bitcoin via Bank Transfer, Credit/Debit Card, RBS/Natwest PYC, Paym and Barclays Pingit.
     
    Humble Servant, Oct 24, 2016
    #7
  8. Spud

    Spud Member

    i think circle.com is available in the uk now also. i remember reading something about them being granted a european license.
     
    Spud, Nov 23, 2016
    #8
  9. Humble Servant

    Humble Servant Active Member Staff Member

    Circle no longer allow their customers to buy and sell bitcoin.
     
    Humble Servant, Jan 13, 2017
    #9
  10. BitcoinAnarchist

    BitcoinAnarchist Member

    you could use a service like bitwage.com to receive part of your salary in bitcoin each month. that's the easiest option of all to receive a steady supply of bitcoin without having to do anything.
     
    BitcoinAnarchist, Jan 16, 2017
    #10
  11. Humble Servant

    Humble Servant Active Member Staff Member

    Coinfloor are a good option for buying or selling bitcoin in the UK. They have low trading fees, an easy to use interface that is ideal for beginners and plenty of liquidity.
     
    Humble Servant, Jan 26, 2017
    #11
  12. Pony

    Pony Member

    doesn't neteller and skrill support bitcoin now?
     
    Pony, Apr 12, 2017
    #12
  13. Humble Servant

    Humble Servant Active Member Staff Member

    You can deposit at both Neteller and Skrill using bitcoin right now, however, you can only transfer the money to other Neteller/Skrill customers or withdraw it to your bank account. You cannot spend it or withdraw using your debit card.
     
    Humble Servant, Jun 23, 2017
    #13
  14. Gooch

    Gooch Member

    i would avoid major exchanges like coinbase because they're literally signing up tens of thousands of new customers every day and they are having trouble clearing the backlog. you might literally be waiting weeks or months to have your documents verified. far better to use a smaller uk based exchange.
     
    Gooch, Sep 11, 2017
    #14
  15. Terry

    Terry Member

    what are the UK based exchanges?
     
    Terry, Feb 23, 2018
    #15
  16. Wonka

    Wonka Member

    I don't know if there are any major UK based exchanges. I think most UK citizens use Bitstamp, Kraken and Coinbase like the rest of us.
     
    Wonka, Nov 21, 2018
    #16
  17. Fatboy

    Fatboy Member

    This UK company looks promising. https://fastbitcoins.com

    They provide terminals for shops or cabs where people can buy bitcoin in seconds. Once you have the code, you then redeem your BTC via the website.
     
    Fatboy, May 3, 2019
    #17
  18. Humble Servant

    Humble Servant Active Member Staff Member

    It's surely on a better of bitcoin until the Cash App enables bitcoin purchase in the UK. The app is already available, but you can't trade crypto at the moment.
     
    Humble Servant, May 9, 2019
    #18

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