Since bitcoin went first, now the cryptocurrency is better established and that’s why it is the most popular than many of the altcoins (alternative cryptos) which have since joined the market.
Bitcoin’s ubiquity is proven by the fact that 78% of their respondents from the FCA 2020 study had heard of Bitcoin, while only 22% had heard of the second most widespread crypto — Facebook’s Libra. It shows that Bitcoin is entering the public consciousness far more successfully than its competitors.
Based on the survey in February 2021, almost a fifth (19%) of Brits say they have bought cryptocurrency before, which is the equivalent of 9.8 million people. Many people are investing in it because they believe it will continue to grow and will be very influential in the future (23% of respondents).
If you want to buy bitcoin in pounds sterling, here is the simple instruction on the fastest and safest way to buy bitcoin in the United Kindom using the service Itez.
In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase BTC for dollars step by step.
After converting the currency to BTC, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your bitcoin wallet - from the “Accept” section.
Important: you should not manually copy the bitcoin wallet address. The blockchain system does not give any information about bitcoin addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the bitcoin wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.
Important: the transaction will wait for confirmations for time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take for about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to its properties and high load.
The transaction will first wait for confirmations from the blockchain network.
After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.
This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.
Best crypto-friendly banks in the UK are Royal Bank of Scotland (RBS), Barclays Bank, TSB Bank.
Other UK banks are also suitable for bitcoin purchases on the Itez service, such as Credit Suisse International, National Westminster Bank, Lloyds Banking Group, Standard Chartered
You can buy bitcoin in United Kindom for UK pounds online with Visa and Mastercard credit, and debit cards. You can as well use such digital payment services as Apple Pay, Samsung Pay или Google Pay. Skrill wallets are also a possible and secure way for buying bitcoin from the UK.
If you want to buy bitcoin in pounds sterling, here is the simple instruction on the fastest and safest way to buy bitcoin in United Kindom using the service Itez.