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How can I buy bitcoin using euros in the UK?

avatarKEERTHIKHAA K R AI-DSDec 26, 2021 · 3 years ago3 answers

I'm in the UK and I want to buy bitcoin using euros. What are the options available to me? Are there any specific platforms or exchanges that allow me to do this? I would appreciate any guidance or recommendations.

How can I buy bitcoin using euros in the UK?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, buying bitcoin using euros in the UK is possible. One option is to use a cryptocurrency exchange that supports euro deposits and allows UK residents to trade. Some popular exchanges that offer this service include Binance, Coinbase, and Kraken. You can create an account on any of these platforms, deposit euros into your account, and then buy bitcoin using those euros. Just make sure to check the fees and trading pairs available on each exchange before making a decision.
  • avatarDec 26, 2021 · 3 years ago
    Buying bitcoin with euros in the UK can be done through peer-to-peer (P2P) platforms as well. These platforms connect buyers and sellers directly, allowing you to trade euros for bitcoin without the need for an exchange. LocalBitcoins and Paxful are two well-known P2P platforms where you can find sellers who accept euros. When using these platforms, it's important to verify the reputation and trustworthiness of the seller before proceeding with the transaction.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that allows you to buy bitcoin using euros in the UK. It offers a user-friendly interface and competitive fees. To get started, you can sign up for an account on the BYDFi website, complete the verification process, and then deposit euros into your account. Once your account is funded, you can easily buy bitcoin using euros. BYDFi also provides a secure wallet to store your bitcoin. Remember to do your own research and consider factors like security, liquidity, and customer support when choosing an exchange.