Different sites will suit different people's needs. Quantity, speed of purchase, security and of course price can all have a part to play in deciding which site to buy from.

We help you to find the best places to buy bitcoin in the UK. View the current bitcoin price below from various sites. Remember to review the seller to check and confirm you are happy before buying.

Things to Know About Buying Bitcoin in the UK.

The bitcoin price can change rapidly and it is tempting to jump in because of a fear of missing out. Most of the time panic buying isn't a good idea and you won't miss your chance to buy cheaper bitcoin. Some people suggest it is best to buy small amounts of bitcoin over a longer period of time. This strategy for investment is sometimes known as dollar cost averaging. With this method you should avoid ending up buying bitcoin at the very peak. There is a risk you could miss out on buying at the perfect low price, but much like selling at the peak this is very difficult to time!

It is good to shop around, especially if you are planning to buy a significant amount of bitcoin. There can also be hidden fees and currency exchange rate fluctuations to consider if you are not buying bitcoin from a UK company.

Once you have purchased your bitcoin it is good to make a note of how much you have spent, the value of the bitcoin and where you purchased from. This can be important if you are liable for capital gains tax if at some point you would like to sell and you have made a profit.

Always remember to not invest more than you are willing to lose. Even if you know that bitcoin could be a world currency main other things can happen. It is good to diversify to give more security. Not necessarily other cryptocurrencies but savings, property, a pension, or precious metals are all possible options to consider.

Some UK banks do also have restrictions on purchases of crypto currencies so you could find your account to be frozen or some additional checks made to allow you to make the trade. If you are purchasing from a company you have not heard of before or are unsure of their credibility it is a good idea to carry out some due diligence.

Carry out a quick Google search, looking for reviews, or even news articles on the company or seller. Beware some companies can create fake reviews to give their brand credibility.

Check the company has an office address and take a look on Google street view to see if the company is based there or even if there is a building.

Purchase a small amount first, checking that you receive your bitcoin.

If the company has a telephone number or chat messenger see if you can talk to someone, even how they come across can be a clue as to what sort of company they could be representing.

Buying bitcoin in the UK isn't as difficult as it once was, with more options being made available all the time, and improvements to purchasing systems, exchanges and apps. There are many well-established companies to buy bitcoin in the UK from so if you feel uncomfortable with the seller you will have many other options to explore. Once you have bought your bitcoin be sure to store them securely. There are many stories of people who have bought bitcoin, done very well and then lost or had their bitcoin stolen. For more information on storage check out our page, storing bitcoin.

Offline Options

As well as the online options above to buy cheaper bitcoin in the UK there are other ways you can buy bitcoin. One option is bitcoin ATMs, there are more and more of these popping up all over the world, you can see a map of these here, Coin ATM Radar. Coinstar machines that you could have seen in some supermarkets also have the option now to buy bitcoin, currently this is not yet available to buy bitcoin in the UK but may be rolled out soon. With this method please be aware that you do not get bitcoin directly, you will need to pay to then have a receipted printed. With this receipt you can then log on to their site and complete registration to receive your bitcoin.