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How can I safely buy Monero with GBP in the UK?

avatarMai Hoai BaoDec 27, 2021 · 3 years ago3 answers

I am in the UK and I want to buy Monero using GBP. What are the safest methods to buy Monero with GBP in the UK? Are there any reputable exchanges that support GBP and have a good track record of security?

How can I safely buy Monero with GBP in the UK?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the safest methods to buy Monero with GBP in the UK is to use a reputable cryptocurrency exchange that supports GBP. Some popular exchanges in the UK that support Monero and GBP include Binance, Coinbase, and Kraken. These exchanges have a good track record of security and provide a user-friendly interface for buying and selling Monero. It is important to do your own research and choose an exchange that has a strong reputation for security and customer support.
  • avatarDec 27, 2021 · 3 years ago
    If you want to buy Monero with GBP in the UK, you can consider using a peer-to-peer (P2P) trading platform. P2P platforms connect buyers and sellers directly, allowing you to buy Monero from other individuals. LocalMonero is a popular P2P platform that supports GBP and allows you to buy Monero in a safe and secure manner. When using a P2P platform, it is important to verify the reputation of the seller and use escrow services to ensure a safe transaction.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that supports GBP and allows you to buy Monero in the UK. It has a user-friendly interface and provides a secure platform for buying and selling Monero. To buy Monero with GBP on BYDFi, you will need to create an account, complete the verification process, and deposit GBP into your account. Once your account is funded, you can place an order to buy Monero. BYDFi offers competitive fees and has a good reputation for security and customer support.