What is Bitcoin?


  • Bitcoin is an internet currency designed to keep your identity and your funds secure. 
  • You can use Bitcoin as an investment, to purchase items, or pay for services. 
  • Bitcoin transactions eliminate the “middle man” so your Bitcoin goes directly from you to the receiving end without having to use a financial institution, such as a bank. This way, transactions are untraceable, keeping your personal information anonymous and safe. 



Why should I use Bitcoin?


  • Send and receive Bitcoin anywhere in the world, at any time. 
  • There is no fee to receive Bitcoin into your wallet. When you spend Bitcoin from your wallet, you are in control of how high or low of a fee you want to pay, ultimately resulting in the speed of the transaction being finalized. The fee you pay is not relative to the amount of Bitcoin you send.
  • Bitcoin offers incredibly strong protection against identity theft, in addition to your backup and encryption.



In the UK, one relatively simple method of buying Bitcoin is by using Coinbase. Here is how:


Coinbase is a company based in the United States, although it is still possible to use this site to buy Bitcoin in the UK. They have a well established reputation and have been operating for a number of years. Hence, they remain one of the most popular and reliable ways of purchasing Bitcoin.


1.  Sign Up: 


  • Go to Coinbase.com and click “Sign Up” in the top right corner. 


  • From there, you will be prompted to fill out your name, email address, choose a password, where you live, and to check the boxes that state you are not a robot, and you are 18 years of age or older.


  • Next, it will ask you to “verify your email”. Just go to your email inbox, click the email from Coinbase, and click the link provided in the email to then verify your email for your Coinbase account.


  • After you verify your email, you will automatically be sent to a page to link your phone. Just enter your country and your phone number and click “Next. 


  • You’ll receive a text with a code in it. Enter the code, and then click “Verify Phone Number”.  After your phone is verified, you will then have access to your account. 



2. Complete profile: 


  • Before you are able to purchase Bitcoin you will need to verify your identity; don’t worry about this step – it’s just a fraud prevention measure and is required by UK law. Coinbase requires an electronic scan of photographic identification. Most standard forms of identification in the United Kingdom are accepted, including the most popular choices such as your UK passport or driving license.


  • Verify your identity. You can do so by first taking clear photos of your government issued ID. Scroll down to the column on the left side of the home page of Coinbase where it says “Complete Your Account”. Click on “Verify your identity”. From here, choose either Driver’s License or Photo ID, then Webcam or file upload. Once you send the photos, Coinbase will verify your identity, and you will receive an email. 


  • Click on “Add a payment method”. From here you can either link your bank account or debit card. The fastest and easiest way to make small transactions on Coinbase is by using your Credit/Debit card. 


  • Once successfully verified, click on ‘Add a payment method’. On this page you can now link your bank account or credit/debit card. In the UK, it is most likely easiest to use a credit or debit card – most large banks in the United Kingdom let you do this with no problems at all. Simply enter your details as you would with any other site.



3. Buy Bitcoin:


  • Click on the “Buy/Sell” tab at the top of the page. Choose your payment method (either your bank account or credit/debit card as mentioned before), the amount of Bitcoin you want to purchase, and then click “Buy Bitcoin”. After the transaction is verified, you will officially have Bitcoin to spend on our website!



Another simple method of buying Bitcoin is by using Blockchain. Here is how:

 

Blockchain is a company based in Luxembourg, and it is also possible to use this site to buy Bitcoin in the UK. Alike Coinbase, they hold a strong reputation and have been operating for a long time. They provide you with a ‘Bitcoin Wallet’ and allow you to purchase Bitcoin through their partner, Coinify, without necessarily confirming your identification.



1. Sign Up: 



  • You will need to complete a few details in order to begin the process. To start with, you only need to enter your email address and desired password. If you accept the relevant terms of service, check that box and click continue.


  • Once you have completed this step you will need to ‘verify your email’. Head to your inbox for the address you entered in the previous step, find the recent email from Blockchain (check your spam if you can’t find it), and click ‘Yes, This is My Email’. Upon clicking this button, your email address is verified. Furthermore, this email will contain your ‘Wallet ID’. Make note of this, as you will need it to sign in to your account in the future.


  • After you have done all of this, you should head back to https://blockchain.info/ and ensure you are logged into your account. If you are not, then login using your aforementioned ‘Wallet ID’ and password.



2. Buy Bitcoin:


  • On the left hand side of the screen is an option to ‘Buy & Sell Bitcoin’. Click this link and input the amount of Bitcoin you require. Please note the minimum spend is 50 euros, and you will not be able to use a bank transfer straight away. If you would like to use a bank transfer then you need to verify your identification (similarly to Coinbase), and you can undergo this by simply initiating your first bank transfer. However, for the vast majority of people a credit/debit card should be a viable option.


  • Once you have indicated how much Bitcoin you would like to purchase, click the ‘Buy Bitcoin’ button. This will present a new window indicating that the transaction will be made through their partner, Coinify. If you accept Coinify’s terms, check the relevant box and click ‘Continue’.


  • Upon accepting these terms, you will be presented with two options to make your payment – bank transfer or credit/debit card. As stated before, you will not be able to buy Bitcoin immediately if you choose to use a bank transfer, but if you would still like to use this method then click the relevant button. You will be prompted to enter a few details in order to confirm your identity, and after clicking ‘Confirm Details’ you will then need to upload a photo of your verification. You may also need to confirm your phone number. Don’t worry about this step – it’s just a fraud prevention measure and is required by law. You should be able to use most valid forms of UK identification, such as your passport or driving license. Once this has been processed, you will receive confirmation via email.


  • Otherwise, in order to make a payment using your credit/debit card, click the relevant button instead of following the instructions above and click ‘Continue’. Via this method you will not need to confirm your identity for orders below 300 Euros.


  • Review the information displayed to you on this screen, it will outline the amount of Bitcoin you will receive, the amount of GBP you will pay, and the fees involved - make sure you will receive enough Bitcoin to complete the payment on our site. If you are happy with all of this, click ‘Confirm’.


  • After a short while you will be prompted for your card details, simply enter them accurately and click ‘Pay Now’ when you are ready. Once this has processed, you should receive Bitcoin in your Blockchain wallet!


Buy products from our website:


  • Choose which product you wish to purchase. 
    For example, if you would like the ‘Staff Picked Pack 80 Total Tablets for $79’, click blue ‘Buy Now’ button beneath this panel:

    Although the prices are displayed in USD, we still ship to the United Kingdom at no extra cost, and so you can use any currency converter to obtain a rough estimate for your order in GBP.


  • Once you have done this, you will be presented with an order form. Complete the fields indicating your name, email address, shipping address (street address, city, state/province, zip/postal code, country), and a coupon code if you are lucky enough to have one.


  • Make sure you’re fully aware of our generous 100% Refund Policy! The UK is well covered by this.


  • Click the green “Pay Now” button. You will be redirected to a page titled “Order Created”, with directions. You will need to check your email for payment details.


  • The email will contain a Bitcoin amount you will need to send, and long string of numbers/letters called a wallet address that you need to send the Bitcoin to. This address looks complicated, but don’t worry! It is still a straightforward process.



If you are using Coinbase:


  • Navigate to https://www.coinbase.com/ and click on the ‘Accounts’ button at the top of the page. At this point, you should be able to see your ‘Bitcoin wallet’ – this will contain the Bitcoin you purchased earlier. Click the ‘Send’ button, and input the amount of Bitcoin specified in the email we sent you, be sure to consider any fees again. The fees should be automatically calculated and Coinbase makes this process very simple.


  • In the email we sent you, copy the wallet address you need to send the payment to, and paste it into the receiving address field given by Coinbase. Double check to make sure you’ve copied it exactly! Go ahead and confirm the payment once you are sure of this.


  • As soon as we receive your payment the order should be confirmed. You will receive updates via email regarding the status of your order.



If you are using Blockchain:


  • Navigate to https://www.blockchain/info/ and sign in to your account. You should be able to see your total balance in the top right corner of your screen, and you can send Bitcoin straight to us by clicking ‘Send’ near the top of the window. Copy the wallet address sent to you by us via email, and paste this in the ‘To:’ field on the new window you are presented with. Double check to make sure you’ve copied it exactly!


  • In the ‘Amount:’ field, type the amount of Bitcoin specified in the email we sent to you. If you wish to speed up the transaction then set the transaction fee to ‘Priority’ (this will charge a slightly higher amount), but otherwise leave it at the default setting. If you want further control over the fee then select ‘Customize Fee’ to the right of this. However, this is not recommended for those who are inexperienced.


  • When you are happy with this information, click ‘Continue’ and then confirm your payment. This will commence the transaction.


  • As soon as we receive your payment the order should be confirmed. You will receive updates via email regarding the status of your order.