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How To Buy Bitcoin In The United Kingdom

The United Kingdom is one of the most popular places in the world for people to buy and sell bitcoin and other cryptocurrencies. Not only are there many Bitcoin ATMs scattered around the country, but also there are many famous exchanges headquartered there including CEX.IO, PayBis, Luno, Wirex, and even Etoro.<br><br>The UK is also home to many popular payment services used for transmitting money locally and internationally like the Faster Payments Service, Skrill, Neteller, Revolut, and Paysafecard.<br><br>The Financial Conduct Authority (FCA) estimates that there are 2.6 million bitcoin users in the United Kingdom, which is approximately 4% of the population. Bitcoin is also the most popular cryptocurrency in the United Kingdom with 78% of respondents to a local survey stating that they have heard of or used Bitcoin already.<br><br>If you are a local citizen, you can buy bitcoin in the UK easily and efficiently through several methods including the aforementioned exchanges, cash, and Bitcoin ATMs. If you are an investor, it is recommended that you diversify your portfolio as much as possible by owning Bitcoin to mitigate the risk that is prevalent in the current cash-system and participate in the upside of the blockchain technology.

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How To Buy Bitcoin In The United Kingdom

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  1. How To Buy Bitcoin In The United Kingdom The United Kingdom is one of the most popular places in the world for people to buy and sell bitcoin and other cryptocurrencies. Not only are there many Bitcoin ATMs scattered around the country, but also there are many famous exchanges headquartered there including CEX.IO, PayBis, Luno, Wirex and even Etoro. The UK is also home to many popular payment services used for transmitting money locally and internationally like the ​Faster Payments Service​, ​Skrill​, ​Neteller​, Revolut​ and ​Paysafecard​. The Financial Conduct Authority (FCA) estimates that there are 2.6 million bitcoin users in the United Kingdom, which is approximately 4% of the population. Bitcoin is also the most popular cryptocurrency in the United Kingdom with 78% of respondents to a local survey stating that they have heard of or used Bitcoin already. If you are a local citizen, you can ​buy bitcoin in the UK​ easily and efficiently through a number of methods including the aforementioned exchanges, cash, and Bitcoin ATMs. If you are an investor, it is recommended that you diversify your portfolio as much as possible by owning Bitcoin to mitigate risk that is prevalent in the current cash-system, and participate in the upside of the blockchain technology. 1

  2. In total, as of ​September 26th, 2020​ there are 281 Bitcoin Tellers, also known as Bitcoin ATMs, located in the country of the United Kingdom. Those who are interested in buying bitcoin in person with cash or a bank debit or credit card will be pleased to know that within the table below you can view how many Bitcoin ATMs are in each major city of the UK. This way you can print out the table and visit them at your leisure. 2

  3. You can also view a full interactive map of Bitcoin ATMs in the United Kingdom on CoinATMRadar​. UK Cities By Number of Bitcoin ATMs City # of Bitcoin ATMs Aberdeen 0 Archway 0 Basildon 1 Basingstoke 0 Bath 0 Becontree 0 Bedford 0 Belfast 0 Bexley 0 Birkenhead 9 Birmingham 22 Blackburn 0 Blackpool 1 Bolton 0 Bournemouth 1 Bradford 1 Brighton 3 Bristol 3 Burnley 0 Burton upon Trent 0 Cambridge 2 Cardiff 9 Chelmsford 3 Cheltenham 0 Chesterfield 0 City of Westminster 172 Colchester 0 3

  4. Coventry 1 Crawley 0 Croydon 172 Dagenham 0 Derby 1 Doncaster 0 Dudley 0 Dundee 1 Eastbourne 1 Edinburgh 2 Enfield Town 0 Exeter 1 Gillingham 0 Glasgow 3 Gloucester 0 Grimsby 0 Hastings 0 High Wycombe 0 Huddersfield 0 Ipswich 1 Kingston upon Hull 2 Leeds 4 Leicester 4 Lincoln 0 Liverpool 1 London 172 Luton 172 Maidstone 1 Manchester 18 Mansfield 232 Mendip 0 Middlesbrough 1 Milton Keynes 0 4

  5. Newcastle upon Tyne 1 Newport 9 Northampton 22 Norwich 0 Nottingham 22 Oldham 0 Oxford 2 Peterborough 2 Plymouth 1 Poole 0 Portsmouth 0 Preston 1 Reading 1 Rochdale 0 Romford 0 Rotherham 0 Royal Leamington Spa 0 Saint Peters 0 Sheffield 19 Slough 1 Solihull 0 Southampton 1 Southend-on-Sea 1 St Helens 0 Stockport 0 Stoke-on-Trent 18 Sunderland 1 Sutton 0 Sutton Coldfield 0 Swansea 2 Swindon 0 Telford 0 Walsall 22 5

  6. Warrington 18 Watford 0 West Bromwich 0 Wigan 0 Woking 0 Wolverhampton 22 Worcester 0 Worthing 0 York 0 6

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