Buy Bitcoin in the UK

With the long history of banking in the City of London, there are many lovers and haters of bitcoin in the United Kingdom. Having a decentralized store of value anyone can own and control, could affect the city’s offshore businesses that have been popular for decades. Fortunately, some of the bankers have adopted and moved quickly to give the British tons of options for buying and selling that we’re always keeping an eye on.

Best Bitcoin Exchanges in the UK

As we’re always clear about, the most popular exchanges are not always the best exchanges for everyone in Britain. There are many variables noted below the list for the options available such as credit card acceptance, debit cards and anonymous purchases with no ID verification. The most trustworthy exchanges are going to be the largest in daily volume of bitcoin sold, years in business and customer satisfaction with deposits and withdrawals. Reddit is a great source for checking on the worst exchanges that have come and gone years ago, but we’ve gone through them all though to save everyone time.

Our current list of Best UK Bitcoin Exchanges for 2020:

UK Exchange		Type	KYC	Currencies
	Paxful	Anonymous Bitcoin Purchases	No	Western Union, MoneyGram, Visa Prepaid Cards, Amazon Gift Cards	Continue Review
	CoinFloor	Peer to Peer London Bitcoin Exchange	Yes	GBP	Continue Review
	BITTYLICIOUS	Peer to Peer Bitcoin Exchange	Yes	GBP	Continue Review
	CryptoPay	Bitcoin Credit Cards	Yes	GBP, EUR, BTC	Continue Review
	Kraken	Exchange / Trading Platform	Yes	EUR, CAD, USD, GBP, JPY, BTC, ETH, XMR, XRP, many more	Continue Review
	Spectrocoin	Exchange / Trading Platform	Yes	USD, EUR, GBP, RUB, HRK, UAH, KZT, Perfect Money, Skrill, Payeer, OKPay	Continue Review
	Bitpanda	Exchange / Trading Platform	Yes	EUR, CHF, GBP and USD. BTC, ETH, LTC and Hundreds of Altcoins	Continue Review
	LocalBitcoins	Peer 2 Peer Bitcoin Purchases and Sales	Yes	National Currencies Around the World and Bitcoin	Continue Review
	Bitbargain	Exchange	Yes	GBP	Continue Review
	Coinbase	Exchange / Trading Platform	Yes	USD, CAD, AUD, GBP, EUR	Continue Review

Buying Bitcoin with Credit Cards in the UK

Along with debit cards and bank wires, credit cards are obviously the most popular option for buying bitcoin in the UK, since PayPal isn’t an option at exchanges currently.

Bittylicious, Coinbase, Changelly, Kraken, Paxful and Coinmama are the ones to go to for easy credit card deposits. The last two, being anonymous exchanges, purchasers are primarily using Visa and MasterCard gift cards for purchasing bitcoin on the exchanges.

Buying Bitcoin Anonymously in the UK

There is nothing like having your data stolen by a bank or online site to make someone care about privacy, online crypto payments and transfers are no different. No verification or ID bitcoin exchanges are covered extensively on our anonymous exchanges area, favorites include bisq, HodlHodl and Changelly currently with us, Paxful has an interesting anonymous exchange that many are using as well though.

The best anonymous bitcoin exchanges for UK residents currently are:

Anonymous Exchanges	United Kingdom	Type	KYC	Currencies
	Paxful	Anonymous Bitcoin Purchases	No	Western Union, MoneyGram, Visa Prepaid Cards, Amazon Gift Cards	Continue Review
	HodlHodl	Person to Person BTC Exchange / Trading Platform	No	AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More)	Continue Review
	BISQ	Anonymous Person to Person Exchange / Trading Platform	No	AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More)	Continue Review
	LocalCoinSwap	Anon P2P Exchange	No	ARS, AUD, INR, USD	Continue Review
	Binance	Trading Platform	No (under 2BTC)	BTC, ETH, LTC, Hundreds of Alt-coins	Continue Review
	CoinMama	Exchange	Under $150 No	Visa, MasterCard, AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR	Continue Review
	Changelly	Anonymous Bitcoin and Altcoin Purchases	No	CAD, USD, GBP, BTC, ETH, LTC and Hundreds of Altcoins	Continue Review

But wait…there’s more. With over 200 bitcoin ATMs in the United Kingdom, although the fees on some can be dodgy, there are a few operators that won’t mess around and keep them fair.

There is also the option of bitcoin meetups, surely one of the 800 members of the Manchester bitcoin group, or somebody from one of the many London bitcoin meetups, would be willing to sell someone bitcoin.

Just beware of the large Bitcoin Cash scene in London. Unless any are willing to sell you Bitcoin for the price bitcoin exchanges are selling Bitcoin Cash at currently, it is probably not a “better” version of bitcoin as many like to claim.