If you want to buy Bitcoin online, you will need to use a cryptocurrency or Bitcoin broker. The process is super-easy, and merely requires 10 minutes of your time. Simply open your Bitcoin account with your chosen Bitcoin broker, deposit funds, and that’s it.
With that said, knowing which cryptocurrency broker to sign up with is no easy feat, as there are now hundreds to choose from. In this article, we explore the 10 best crypto brokers to buy Bitcoin in 2024. We explain key metrics such as the broker’s regulatory status, supported payment methods, tradable coins, and minimum deposit.
Our Recommended Bitcoin Brokers in the UK for April 2024
Bitcoin
6 Providers that match your filters
Payment methods
Features
Usability
Support
Rates
Security
Selection of Coins
Classification
Rating
- Most regulated
- Free demo account available
- Copytrade winning investors
Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
Rating
- Maker rebate on limit orders
- DeFi mining
- Margin and spot trading
The price and value of any investment in digital asset products can fluctuate.
Rating
- Most altcoins supported
- 75+ staking coins
- Low maker / taker fees
As with any asset, the values of digital currencies may fluctuate significantly.
Rating
- Low marketcap altcoins
- 500 USDT Welcome Gift
- Spot and margin trading
The traded price of digital tokens can fluctuate greatly within a short period of time.
Rating
- Most registered users
- Free $10 when you buy $100
- Coinbase Earn - Free Crypto
The value of digital currencies can go up or down frequently.
Rating
- Solana staking
- Around since 2012
- High Liquidity
Market prices for digital tokens can be volatile and highly unpredictable.
If you don’t have time to read through our top Bitcoin broker picks, we would suggest opting for eToro. Since it is regulated in Britain by the FCA, eToro is the best Bitcoin broker UK located crypto traders can open an account at in 2024.
The platform allows you to buy Bitcoin with PayPal and other methods, such as a debit/credit card, Skrill, or a local bank transfer. Fees are also competitive, as the broker does not charge any trading commissions.
Top 10 Cryptocurrency Brokers in the UK for April 2024
- eToro – Best Overall Bitcoin Broker
- Bybit – Top Bitcoin CFD Broker
- Evonax – Seamless Crypto-to-Crypto Exchange Platform
- Coinbase – User-friendly Bitcoin Broker
- Binance – World’s Leading Peer-Peer Crypto Exchange
- Uphold – Best For Trading Between Different Assets Classes
- AvaTrade – Best For Numerous Trade Options
- Revolut – Most Inclusive Bitcoin Broker UK
- CryptoRocket – Best Bitcoin Broker for Trading
- Changelly – Easy to Use Platform
So now that you know what to look out for when choosing a Bitcoin broker, you’ll be sure to find a platform that best meets your long-term investing goals.
However, if you don’t have time to perform your own research, why not consider the merits of the recommended brokers listed below? Each broker meets our strict set of requirements, such as holding at least one tier-one regulatory license, low fees and commissions, high trading volumes, and heaps of everyday payment methods.
eToro – Best Overall Bitcoin Broker
eToro is our pick for the top Bitcoin broker UK based investors can use to buy Bitcoin, trade it and sell it for GBP. We recommend this platform for several factors. For one, eToro is UK regulated by the FCA, and has a United Kingdom office in Canary Wharf, London.
It uses a highly intuitive and simplistic user interface that makes it possible for anyone to buy and sell cryptocurrencies instantly. It also operates as a zero-commission crypto broker, which means you will only pay for the spread and nothing else.
In terms of fees, eToro charges a low deposit fee of 0.5% for all supported payment methods, including bank wire transfer, credit/debit cards, Neteller, Skrill, PayPal, Trustly, and several others. Minimum deposits are segmented according to a user’s region, and you will only pay a small withdrawal fee of $5.
Talking about regulation and safety of user funds, eToro is top-notch as it is regulated by tier-1 global bodies like the UK’s Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Industry Regulatory Authority (FINRA).
This means that your details and funds are safe. eToro has never been privy to a system hack as it employs some of the strictest security protocols to ensure that no malicious attack steals users’ funds or details.
eToro’s super-powers lie in its CopyTrade and CopyPortfolio functionalities. Operating as a social network for traders, eToro lets new users copy the successful traders of more advanced investors according to the amount they invest.
This has the dual benefit of ensuring profit maximization as well as mitigating potential losses. Also, the CopyPortfolio offering allows users to properly diversify their investment basket across several sectors and regions while automatically rebalancing it according to the best performing sectors.
Aside from Bitcoin, eToro also supports several other popular cryptocurrencies, including Ethereum, XRP, Litecoin, and several others and enables fiat-to-crypto (ETH/GBP) as well as crypto-to-crypto (XRP/GBP) pairs.
Additionally, eToro offers CFD products for cryptocurrencies, enabling users to trade the small price changes without holding the underlying asset. This can be a great choice for you if you do not have enough knowledge about cryptocurrencies yet.
- Regulation: FCA, ASIC, CySEC, FINRA
- Special Features: CopyTrade and CopyPortfolio
- Demo Account: Yes
- Educational Material: Loads of educational materials for new users
- Fees: Zero trading commissions, Low spreads
- Minimum Deposit: £7.45 for UK and US users
- Volume: High liquidity volume
- Deposit and Withdrawal Conditions: Minimum withdrawal of £22.35
- Payment Methods: Credit/debit card, Paypal, Sofort, Rapid transfer, Skrill, Wire transfer, Neteller, WebMoney, UnionPay
Pros
- Buy Bitcoin outright or trade BTC CFDs
- Social and copy trading leader
- Paypal accepted
Cons
- Limited technical analysis tools
- Not well-suited for the more advanced investor
Don’t invest unless you’re prepared to lose all the money you invest.
Bybit- Top Bitcoin CFD Broker
Bybit is another popular cryptocurrency trading platform for spot trading, derivatives trading, and margin trading. With up to 100x leverage on BTC/USD and ETH/USD trading pairs, it is an attractive platform for UK traders. It has over 2 million users. It is a platform suitable for seasoned crypto traders as it comes with more advanced features than many other platforms.
Bybit has an advanced charting interface with various features that allow easy navigation. Bybit supports Take profit/stop-loss orders, helping traders to minimize losses. You will not get this feature on many other margin trading platforms. If you are a serious trader based in the UK, then Bybit is a suitable choice for you.
Bybit’s is one of the largest crypto exchanges with a high liquidity; the volume often exceeding $10 billion. It offers inverse perpetual contracts offering BTC/USD, ETH/USD, EOS/USD and XRP/USD, where the coin is used as the collateral.
It also offers USDT perpetual contracts such as BTC/USDT, ETH/USDT, BNB/USDT, ADA/USDT, XRP/USDT and 15 more, where USDT is the collateral. The inverse futures contracts has BTC/USD and ETH/USD, where the coin is used as collateral, with a 6 month contracts at the maximum.
- Regulation: Not regulated. It is registered in the British Virgin Islands and has its head quarters in Singapore.
- Features: Advanced charting
- Trading Fees: Spot trading: 0% for market makers, 0.1% for market takers. Derivatives trading: -0.025% for market makers, 0.075% for market takers
- Fiat Gateway: Yes
- Leverage: Up to 100x
- Take Profit/Stop-Loss Orders: Yes
- Cryptocurrencies:BTC, ETH, LTC, EOS & 70+ more
- Deposit and Withdrawal fees: No deposit fees, withdrawal fees depend on cryptos
- Payment Methods: Does not handle fiat directly. Enables deposits from third parties- Banxa, XanPool, MoonPay, Mercuryo, Paxful and Simplex.
Pros
- Spot trading, Derivatives trading, Perpetual and Futures trading
- Margin trading with up to 100x
- Testnet platform to practise trading with demo coins
- Insurance fund to protect traders
- 24/7 Live Chat support
- Supports Take Profit/Stop Loss orders
- iOS and Android mobiel apps
Cons
- It is unregulated
- Limited number of trading pairs
Your capital is at risk.
Evonax – Seamless Crypto-to-Crypto Exchange Platform
Evonax is a popular Bitcoin exchange that facilitates the seamless swap of cryptocurrencies. It supports over 18 cryptocurrencies, including Bitcoin, Ethereum, Dash, Litecoin, and 14 others. One of the key benefits of using
Evonax is that it is anonymous in that it does not require users’ details before they can exchange digital currencies for cash. The platform is free to use, and you can get started in as little as 5 minutes. Before transacting on the exchange, users are given personalized wallets secured with SSL encryption.
However, Evonax is not regulated by any known global body as it operates mainly as a non-custodial exchange, meaning it does not store users’ funds. One of the key drivers of interest in Evonax has been the conversion fee.
The anonymity-focused non-custodial exchange only charges a small miner fee for the coins you want to swap into.
In addition, Evonax has great customer support and this may be the only time you will need to put your details.
Reaching out to the support team usually takes 1 business day and you will need to input your email address for feedback for any questions you have. Meanwhile, this might not be necessary as Evonax has a self-explanatory FAQ section to answer pressing questions.
- Regulation: None
- Special Features: Anonymity and free to use
- Demo Account: No
- Educational Material: Not explicitly stated
- Fees Free
- Minimum Deposit: Not stated
- Volume: Reasonable liquidity
- Deposit and Withdrawal Conditions: All transactions are conducted on the personalized wallet
- Payment Methods: Fiat payment method
Pros
- Ensures transactions done on the exchange are anonymous
- Free to use
- Low fees
- Supports popular virtual assets
- User-friendly and easy to use
Cons
- Low crypto repository
- Not regulated by any known global body
Your capital is at risk.
Coinbase – User-friendly Bitcoin Broker
Since launching in 2012, Coinbase has become the most popular Bitcoin broker UK due to its top-notch attention to user-friendliness. It is a favourite spot for those looking to gain exposure to cryptocurrencies for the first time.
Coinbase has quickly established itself as a top Bitcoin broker based in the UK due to its high liquidity and is second on the world’s largest crypto exchange list behind Binance. Coinbase operates a tiered crypto exchange structure depending on the user.
Aside from the beginner-friendly Coinbase platform, the company also operates a Pro variant that caters to more sophisticated retail clients. Then there is a custodial arm called Coinbase Custody that serves as a cold storage unit for companies interfacing with digital assets.
The Coinbase Prime is the Pro version for institutional clients and comes with more sophisticated research and charting tools.
Like several others, Coinbase supports multiple deposit and withdrawal methods, including bank wire transfer, debit cards, PayPal, Faster Payments, and several others. However, it charges variable deposit and withdrawal fees depending on the option a user picks.
- Regulation:FINRA
- Special Features: Offers over 50 altcoins support
- Demo Account: No
- Educational Materials: Not strong in this department
- Fees: Variable pricing systems
- Minimum Deposit: As low as £1.49
- Volume: High liquidity
- Deposit and Withdrawal Conditions: Instant withdrawal options on particular options
- Payment Methods:Bank account, debit card, PayPal, Faster Payments
Pros
- Publicly-listed Bitcoin broker
- Highly user-friendly
- Offers several platforms for different users
- Multiple everyday payment options are on tap
- Highly liquid Bitcoin broker
Cons
- Charges high fees for its beginner platform
- Doesn’t support credit card transactions
Your capital is at risk.
Binance – World’s Leading Peer-Peer Crypto Exchange
Binance is another popular Bitcoin broker UK traders are accepted at. This cryptocurrency exchange was founded in 2017,and is in the process of applying for a UK license. It has the reputation of being the world’s foremost crypto exchange platform.
Apart from having crypto assets, it also has an academy, its native cryptocurrency called Binance Coin (BNB), its own issued stable coin (BUSD), and a smart contract network known as Binance Smart Contract (BSC).
In addition, the platform also has a Launchpad and many other innovations that make it enjoy huge traffic, making it one of the top Bitcoin exchange platforms. The firm is licensed in West Africa, South America, Australia, New Zealand, Western and Northern Europe. The company enjoys a whopping 2 billion average daily volume of trade.
The Binance Smart Contract (BSC) is a far cheaper alternative to Ethereum (ETH), and this has attracted many users to the platform. Binance does not charge deposit fees, but a small fee is charged for withdrawals. The exchange also has a plethora of cryptocurrencies available coupled with a wide range of trading pairs.
- Regulation: Seeking license in Singapore
- Future trading: Yes
- Demo Account: No
- Educational Material: Plenty of resources
- Fees: 1% withdrawal on EUR, 0 for USD
- Customer base: Over 3 million users
- Minimum Trade: £7.45
- Volume: High liquidity
- Deposit and Withdrawal Conditions: Free deposits, withdrawal attracts a small fee
- Payment Methods: Bank transfer, Credit cards, Debit cards, plus other methods
Pros
- Well-known
- Easy to use platform
- Factor Authentication (2FA) Login
Cons
- No formal address or head office
- Not licensed in some regions
Your capital is at risk.
Uphold – Best For Trading Between Different Assets Classes
Uphold, a multi-asset platform that was founded in 2015, is already available in over 184 countries. The firm has over 80 currencies on offer, including traditional stock and cryptocurrencies, making it one of the best Bitcoin brokers.
The popular platform enjoys the patronage of over 1.7 million customers globally, and it has carried out transactions close to $6 billion to date. Both retail investors and businesses are part of the categories of people that it serves.
You can also trade precious metals, US equities and gold, on the platform. Its main aim is to provide people access to safe, transparent, fair, and affordable financial services. The firm is very easy to use and does not charge any fee for deposit and withdrawal.
It offers automated trading for buying or selling orders to reduce the impact of volatility.
With Uphold, you can send money (either Bitcoin or USD) directly for free to anywhere in the world. It has a unique debit card that can earn you 1% cashback and 2% crypto reward.
- Regulation: 35+ countries with bank connectivity
- Demo Account: No
- Educational Material: Not many learning resources
- Fees: 0.8- 1.2% spread for ETH/BTC in US and Europe, 1.8% for others
- Customer base: Over 3 million users
- Payment Methods: Credit cards, Debit cards (the US only)
Pros
- Varieties of stocks and cryptocurrencies
- Easy to use platform
- Automated trading
Cons
- Equities not available in the US and Europe
- Deposits from bank accounts available only in the US and Europe
Your capital is at risk.
AvaTrade – Best For Numerous Trade Options
AvaTrade is a trusted global brand that offers Contracts for Difference (CFD), Cryptocurrencies, and Forex services.
The top Bitcoin broker is user-friendly, and anyone, even a newbie, can easily open an account within a few minutes. About 300,000 registered users currently use its services in six different continents, where it has seven regulations after meeting all registration requirements.
It is very transparent in all its dealings and is also known for being highly secure. It has been in operation since 2006. It pioneered online trading with some amazing trading platforms such as MetaTrader (MT) 4 and MT5, and its trading website is available in more than 20 languages.
This broker is known to have a customer-first attitude to business, and integrity is very important to them.
The broker also has demo trading on offer. Users can choose from a wide range of cryptocurrencies that the platform offers. AvaTrade, a UK Bitcoin broker, charges zero commissions, and you do not have to pay any bank fees on transactions.
- Regulation: Europe, Australia, Japan, British Virgin Islands, UAE, and South Africa.
- Demo Account: Yes
- Educational Material: Trading videos and other educational materials for beginners
- Fees: $0.9 spread for EUR/USD, Administration fee $100
- Stability: Being in operation since 2006
- Volume: High liquidity
- Deposit and Withdrawal Conditions: £74.50 minimum deposit
- Payment Methods: Wide selection of safe and secure payment methods
Pros
- Multiple licenses
- Supports MT4& MT5 trading
- Secured platform
Cons
- No traditional stock
- Inactivity fee of £37.25
Your capital is at risk.
Revolut – Most Inclusive Bitcoin Broker UK
Revolut is an inclusive Bitcoin broker that allows users to access their virtual and physical assets through virtual cards. Revolut grants its users the ability to track both physical assets (fiat currencies) and virtual currencies ( cryptocurrencies) on the same wallet.
The virtual cards enable the users to make fiat currency ATM withdrawals and pay for items online using their crypto assets. The platform uses a simple debit/credit card as its standard payment method. Revolut offers its users several packages to further suit the specific needs of users.
Among these packages is the Extensive Premium feature that grants subscribers a higher ATM withdrawal limit of 400 euros per month than the 200 euros withdrawal limit applicable to standard and plus users.
Premium users also enjoy a lower crypto conversion rate of 1.5%, compared to the 2.5% rate for standard and plus users. Revolut does not charge its users a deposit or withdrawal fee and supports up to 53 cryptocurrencies.
The fintech platform is a representative of Resolution Compliance Ltd and is licensed and regulated by the Financial Conduct Authority in the UK.
- Regulation: Regulated by the FCA
- Special features: Utilizes cold storage promotes safety for users’ funds.
- Demo Account: No
- Educational Material: Offers access to educational content to minors by its Revolut Junior package
- Fees: Subscription fee is free, first Revolut card free, but a delivery fee applies
- Minimum deposit: No minimum deposit
- Volume: High volume
- Payment Methods: Debit/credit cards
Pros
- No minimum deposits
- Extensive Premium features
- Cold Storage for user assets
Cons
- Limited withdrawals
- Incessant account freezes
Your capital is at risk.
CryptoRocket – Best Bitcoin Broker for UK
CryptoRocket is regarded as one of the best Bitcoin brokers in the UK for trading because the platform has a wide range of crypto assets, making it easy for users to trade various crypto pairs on the market.
The platform grants its users access to one of the most extensive forex pairs, commodities and indices on the market. This feature opens the users up to a wide range of trading options and access to various markets.
CryptoRocket utilizes MetaTrader4, which gives access to various trading instruments and the ability to trade in over 55 fiat currencies, 34 cryptocurrencies and 11 indices options.
Although the Bitcoin broker is not regulated by any financial body, it takes the security of its users very seriously as it segregates broker funds and uses cold storage for BTC accounts to store funds on an external storage platform.
This top Bitcoin broker allows the use of debit/credit cards, wire transfers and accepts deposits in bitcoin from other bitcoin brokers or exchange platforms. It employs the Straight Through Processing (STP) execution which protects user trades from being re-quoted or manipulated.
- Regulation: No
- Special features: Grants users access to MetaTrader4 for optimal trading experience
- Demo Account: Yes
- Educational Material: Minimal educational resources
- Fees: No deposit or withdrawal fees
- Minimum deposit: No
- Volume: High trading volume
- Depositing and Withdrawal conditions: When depositing funds, users must bear in mind that the Cryptorocket charges no fees, but a small network fee may be deducted when depositing assets less than £7.45
- Payment Methods: Wire transfer, debit/cards, bitcoin deposits
Pros
- No minimum deposits
- Wide range of trading assets
- No trade manipulation
Cons
- No regulation
- Little to no educational content
Your capital is at risk.
Changelly – Easy to Use Platform
Changelly is a bitcoin broker that offers its users fast and secure transactions
One of the perks of Changelly that makes it one of the top Bitcoin platforms when it comes to ease-of-use is that opening an account is extremely straightforward and one need only connect their existing account when using the mobile app which is as easy as imputing the correct email and password used to open the account.
Changelly is a non-custodial platform, meaning that it does not store users’ money or funds; rather, it partners with other platforms which serve as wallet providers such as Trezor, Trust wallet etc.
The exchange makes use of Apple Pay, credit/debit card and bank transfer as payment methods. It is anonymous, adopting only email addresses for identification.
Changelly offers users access to up to 200 cryptocurrencies and accepts only three fiat currencies which are the US Dollars (British Pounds (GBP), USD and Euro (EUR).
- Regulation: Not regulated in the UK
- Demo Account: No
- Educational Material: Changelly offers a crash course to help its users understand more about the cryptoverse
- Fees: 0.25% floating exchange rate. 5% rate to buy or sell cryptocurrencies using fiat currencies
- Volume: High volume on its CFD
- Volume: High trading volume
- Payment Methods: Bank transfer, credit/debit card, Apple Pay
Pros
- Integrates with various wallets
- Easy to Use
- Wide range of cryptocurrencies
Cons
- Not regulated in the US
- High fiat to crypto rates
Your capital is at risk.
Compare UK Bitcoin Brokers & Exchanges
etoro
Visit SiteDon’t invest in crypto assets unless you’re prepared to lose all the money you invest....
Binance
Visit SiteAs with any asset, the values of digital currencies may fluctuate significantly....
KuCoin
Visit SiteThe traded price of digital tokens can fluctuate greatly within a short period of time....
What to Look for in a Bitcoin Broker in United Kingdom
With heaps of Bitcoin brokers now active in the online space, knowing which platform to sign up with can be challenging. No-two brokers are the same, so you need to think about what your priorities are. For example, are you looking for cryptocurrency exchanges that accept e-wallets, or are you more concerned with low trading fees?
Either way, below we have listed the most important factors that you need to look out for prior to choosing a cryptocurrency broker.
Licensing
Did you know that the vast majority of Bitcoin and cryptocurrency brokers operate in an unregulated manner? While in most cases this shouldn’t be an issue per-say, we would suggest sticking with brokers that hold a license from a tier-one body. Think along the lines of the UK’s Financial Conduct Authority (FCA) or CySEC in Cyprus.
Supported Cryptocurrencies
If you’re only looking to buy and sell Bitcoin, then you’ll have no problems locating a suitable broker. However, what happens if you want to buy Ethereum and invest in other cryptocurrencies like Ripple, or Bitcoin Cash? Crucially, you need to check the broker’s website prior to signing up to see what cryptocurrencies they allow you to buy and sell.
Payment Methods
If you’re looking to buy cryptocurrencies for the very first time, you will need to use a broker that supports fiat currency. At a minimum, this typically includes support for a bank transfer. With that said, it’s far easier to use a debit/credit card or e-wallet, as you’ll be able to instantly buy Bitcoin with a credit card.
Trading Fees and Commissions
Bitcoin brokers are in the business of making money, so you’ll need to pay a fee when buying and selling cryptocurrencies online. In the vast majority of cases, this comes as a trading commission.
For example, if you wanted to purchase $500 worth of Bitcoin and the broker charges 1.5%, you’ll end up paying a commission of $7.50. Stick with low fee brokers to reduce your trading costs.
Leverage and Short-Selling
If you’re planning to apply leverage to your cryptocurrency trades, then you’ll need to use a CFD broker. In doing so, you’ll also have the ability to short-sell Bitcoin. This means that you will make a Bitcoin profit if the price goes down.
Minimum Deposit and Withdrawal Fees
Some cryptocurrency brokers install a minimum deposit amount. You should check this before joining a new broker to ensure that it meets your budget. Similarly, you also need to check whether a withdrawal fee is charged. This is likely to be the case if you are planning to withdraw your profits back to a debit/credit card.
Trading Volumes
If you’re looking to buy and sell cryptocurrencies online, you’ll need to use a broker that is home to high levels of liquidity. This will ensure that you are able to trade at competitive market prices. If your chosen Bitcoin broker doesn’t have sufficient trading volumes, you might struggle to sell your coins.
Customer Support
You also need to explore what the cryptocurrency broker’s customer support team is like. For example, check to see what hours you can speak with an agent, as well as the types of support channels offered (live chat, telephone, etc.).
Note: If you’re simply looking to buy Bitcoin and store it long-term, you should choose a provider that allows you to withdraw coins out. In this sense, a CFD broker will not be suitable, as you won’t own the underlying asset.
eToro allows you to buy and hold the underlying asset in a free Bitcoin wallet. If you decide to diversity into other coins, some cryptos can earn you passive income in the form of staking rewards. You can stake Ethereum (ETH), Cardano (ADA) and Tron (TRX) on eToro.
UK Cryptocurrency Brokers – Final Thoughts?
Knowing which cryptocurrency broker to buy Bitcoin from can be challenging, not least because there are hundreds of platforms active in the space.
With that said, we hope that you now have a firm grasp of the many factors that you need to look out for prior to parting with your cash. This includes factors like regulation, trading volumes, payment methods, fees, commissions, and supported coins.
If you don’t have time to research a broker on a DIY basis, we’ve also listed our top five UK Bitcoin brokers of 2024. At the forefront of is this eToro, as the broker is ideal of newbie traders, allows you to buy cryptocurrencies without paying any commissions, and heaps of everyday payment options are supported.
Regardless of which broker you decide to sign up with, just make sure that you understand the risks of investing in cryptocurrencies.
eToro - Our Recommended UK Bitcoin Platform
- Financial Conduct Authority (FCA) regulated in the UK
- Buy Bitcoin with Bank transfer, Debit card, eWallets
- Free Demo Account, Social Trading Community - 20 Million Users
- Free Bitcoin Wallet - Unlosable Private Key
- Copytrade Winning Bitcoin Traders
FAQs
Can UK brokers trade Bitcoin?
Yes, UK brokers can trade Bitcoin. Always go for a regulated broker like eToro to make your crypto trading, safe and hassle-free.
What is the best Bitcoin broker in the UK?
We recommend eToro as the best Bitcoin broker in the UK. It is regulated by the FCA in the UK. It is a safe platform and offers interesting features like social trading and copy trading, making the trading experience beginner-friendly.
Do you need a broker to buy Bitcoin in the UK?
Although you can buy Bitcoin from other owners, registering with a broker will be a more secure option. Always consider the risks involved while buying Bitcoin in the UK.
How come the Bitcoin rate is different with different brokers?
It is because of the difference in commissions and spreads charged by different brokers. Always consider these charges before investing in Bitcoin. You would not want to pay huge amounts in charges and thus reduce your earnings.
How do brokers send Bitcoins?
If you want to send Bitcoins from one broker to another, you will need the account number/ address to make the transfer. Bitcoins can be easily transferred from one broker to another by using the broker’s address.
How to recover money from a Bitcoin broker in the UK?
Typically you cannot reverse a Bitcoin transaction in the UK or any other country. You should always go for regulated platforms and should not easily trust other owners while making BTC transactions. If you fall into a scam, then report to financial authorities and look for the protection offered by the platform you use.
How we ranked the Best UK Bitcoin Brokers?
We consider the fees/ charges, regulation, trading features, review of users, broker history etc. while ranking the best UK Bitcoin brokers. Our top pick is eToro as it is highly regulated and has not had any issues concerning hacks and scams.
