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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.

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.

https://www.smartbitcoininvestments.com/buy-bitcoin-in-united-kingdom/

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