How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strongly regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are intensely regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your forearms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-stimulation bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-stimulation bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-stimulation bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping tens unit bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strongly regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electric current bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strenuously regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strenuously regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electric current bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are intensely regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strongly regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping violet wand bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your forearms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electric current bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strongly regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-therapy bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strenuously regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the embark of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping violet wand bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping violet wand bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-stimulation bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strenuously regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strenuously regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-stimulation bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly blessed to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electrical play bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electro-therapy bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electric current bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are intensely regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your forearms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping electric current bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are intensely regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping violet wand bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are intensely regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re very likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the fattest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your mitts on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial lump of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch roles of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to inject the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the commence of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping tens unit bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic script for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are powerfully regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the thickest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your arms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have stringent "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you comeback to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

How can I buy bitcoin in the UK?

How can I buy bitcoin in the UK?

T he price of bitcoin has been surging in latest months. Compared to the begin of the year, it has more than doubled, and has risen two hundred fifty per cent in the last year.

Bitcoin is famously volatile – few can predict with any certainty where it will go from here and many believe we’re in the middle of a bubble – but one thing’s certain: if you’d invested five years ago you’d be doing very well for yourself now.

There are two main ways to get hold of bitcoin – buying an expensive supercomputer (with a whopping tens unit bill to match), and using it to "mine" bitcoins, the process of solving the cryptographic codes that keep the entire network running.

This isn’t a realistic screenplay for most people, so the alternative is to buy. Buying bitcoins used to be a complicated affair – long waits, massive fees and foreign websites. Now there are a number of consumer-friendly websites for buying and selling not only bitcoin, but etherium and other cryptocurrencies.

H owever, the process isn’t always entirely straightforward. Legal bitcoin services are strongly regulated, given the currency’s association with online black markets, and its cryptographic nature means security protocols can be complicated.

Step one – Set up a bitcoin wallet

A bitcoin wallet is where you hold your bitcoins. Alternatively you can download the entire bitcoin program (around 150GB), but you’re most likely not going to go to those lengths, and there’s no reason why your computer is more secure than a popular website, so the best option is to use an online wallet, which is sort of like a digital bank account.

There is no shortage of wallets, but one of the largest and most popular is Blockchain.info, which is backed by millions in venture capital funding and has an effortless to use website and mobile app. It also takes security steps to make sure your bitcoins are as safe as they can be.

Go to Blockchain.info/wallet to sign up, or download the mobile app. The sign up process is as effortless as doing so for an email or social media account.

Step two – Secure your account

Blockchain.info has a series of security measures that you should take to make sure your bitcoins are safe once you do get your palms on them. Other wallets are likely to have the same protocols.

Note down your Wallet ID, found in Settings (you’ll need it again to log in in future), and use the security centre to verify your email, set up two-factor authentication and so on. After that, you’re ready to buy.

Step three – Find a broker

O nce you’ve got your wallet, you’re ready to add some bitcoins to it. As of the time of writing, one bitcoin is worth over £1,500, but fear not – they are infinitely divisible, so you can buy £10 worth (about 0.005 bitcoins) if you want.

To do this, you have to find a broker. If you’re getting confused, think of it like buying a foreign currency from the Bureau de Switch: the wallet is your bank account and the broker is the Bureau de Switch.

Brokers are the ones treating your real money – you send them cash via a credit card, bank transfer or some other method, and they send bitcoins to your account. Because of this, they often have rigorous "Know Your Customer" requirements that include identity verification.

T hey vary on exchange rates, fees, method of payment and quality of service. Credit card payments are often quicker, but can incur a fee, for example. The website Bittybot permits you to compare brokers, including trust ratings.

To begin with you might want to stick with something effortless to use and reliable. Popular sites include Coinify, which is integrated with Blockchain.info, and Bittylicious, which is a peer-to-peer site.

Step four – Buy buy buy

O nce you have found the right broker, buying is simply a case of spending money with your credit card or with a bank transfer. It might be best to stay away from sites that require international bank transfers, since they can hold up the process.

The crucial chunk of information you need is a bitcoin address – that’s the unique identifier on the bitcoin network that represents your account. Crucially, this is different from the login details on your Blockchain.info (or other wallet) account – but it can be found there.

On Blockchain.info, it can be found in the Request tab – it will look something like this: 1CdDgoU4QqZPhD8QSXdNjPT7Cbuug9Viy2.

Every bitcoin broker will ask for your bitcoin address – that’s the code you give them. Buying bitcoins can take anywhere from seconds to a few hours depending on who you use, but if you come back to your Blockchain.info account you should find the coins there. Voila – now just wait for them to surge in value (or fall dramatically, either way).

Step five – Sell or spend

If you want to sell up, it’s much the switch sides of a purchase – people are fairly glad to trade bitcoins for cash just as the other way around.

Y ou can use the same broker websites to sell your bitcoins back. This will involve the broker providing you an address to send your bitcoins to – which you do from your wallet. Once the transaction has been confirmed, you should receive a bank transfer or some other form of payment back.

Spending is similar – there’s a list of places that accept bitcoin here. You simply have to come in the bitcoin address of the place you want to send it to.

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