Best Apps to Buy Bitcoin in the UK

In the UK, purchasing Bitcoin has become increasingly straightforward due to the availability of various user-friendly apps. These apps not only allow you to buy Bitcoin but also offer features such as real-time market tracking, secure storage, and trading options. This article will explore some of the best apps for buying Bitcoin in the UK, highlighting their features, fees, and overall user experience.

1. Coinbase Coinbase is one of the most popular cryptocurrency exchanges in the UK. It offers a user-friendly platform for both beginners and experienced traders. With its robust security features and easy-to-navigate interface, Coinbase provides a reliable option for buying Bitcoin. Users can purchase Bitcoin using various payment methods, including bank transfers and credit/debit cards. Coinbase also supports a range of other cryptocurrencies and provides educational resources for users to learn more about digital currencies.

   Features:

   • Easy account setup
   • Secure storage with insurance coverage
   • Various payment options
   • Educational resources

   Fees:

   • Trading fees range from 0.5% to 4.5% depending on the payment method and transaction size.
   • Withdrawal fees apply for bank transfers and other methods.

2. Binance Binance is known for its low trading fees and extensive range of cryptocurrencies. It offers a comprehensive trading platform with advanced features for more experienced users. Binance also has a simple interface for beginners, making it a versatile choice for buying Bitcoin. The app includes features such as spot trading, futures trading, and staking.

   Features:

   • Low trading fees
   • Advanced trading options
   • Extensive range of cryptocurrencies
   • Staking and earning opportunities

   Fees:

   • Trading fees start at 0.1% and can be reduced with higher trading volumes.
   • Deposit and withdrawal fees vary depending on the method used.

3. Kraken Kraken is another reputable exchange that provides a secure and reliable platform for buying Bitcoin. It offers a range of advanced trading tools and features, making it suitable for both beginners and advanced traders. Kraken also supports various payment methods, including bank transfers and credit/debit cards.

   Features:

   • Strong security measures
   • Advanced trading tools
   • Various payment options
   • High liquidity

   Fees:

   • Trading fees range from 0% to 0.26% depending on the trade volume.
   • Withdrawal fees apply for different methods.

4. eToro eToro is a social trading platform that allows users to buy Bitcoin and other cryptocurrencies. Its unique feature is the ability to copy the trades of experienced investors, which can be beneficial for beginners. eToro also offers a demo account for users to practice trading without risking real money.

   Features:

   • Social trading features
   • Copy trading options
   • Demo account available
   • User-friendly interface

   Fees:

   • Spreads for Bitcoin trading are variable and depend on market conditions.
   • Other fees may apply for withdrawals and inactive accounts.

5. Revolut Revolut is a digital banking app that includes cryptocurrency trading among its services. It provides a seamless experience for users who want to manage their finances and invest in Bitcoin within the same app. Revolut offers competitive fees and allows users to buy Bitcoin instantly.

   Features:

   • Integrated financial management
   • Instant Bitcoin purchases
   • Competitive fees
   • Easy-to-use interface

   Fees:

   • Fees for buying and selling Bitcoin are included in the spread.
   • Additional fees may apply for certain account tiers.

Comparison Table

App	Features	Trading Fees	Other Fees
Coinbase	User-friendly, educational resources, secure storage	0.5% - 4.5%	Withdrawal fees vary
Binance	Low fees, advanced trading, wide crypto range	0.1% and up	Deposit/Withdrawal fees vary
Kraken	High security, advanced tools, high liquidity	0% - 0.26%	Withdrawal fees apply
eToro	Social trading, copy trading, demo account	Variable spreads	Withdrawal and inactivity fees apply
Revolut	Integrated finance, instant purchases	Competitive spreads	Additional fees for certain accounts

In conclusion, choosing the right app to buy Bitcoin in the UK depends on your individual needs and preferences. Coinbase and Kraken are excellent for their security and ease of use, Binance offers low fees and advanced features, eToro provides unique social trading options, and Revolut integrates cryptocurrency trading with everyday banking. Evaluate each app's features, fees, and user experience to find the best fit for your Bitcoin buying needs.