Post
Topic
Board Bitcoin Discussion
Re: Recent working methods to buy BTC in the UK?
by
Helena Yu
on 02/11/2024, 02:34:23 UTC
It's quite surprising how the government did legalizing Bitcoin, but their banks are blocking crypto related source https://www.gov.uk/government/news/new-bill-introduced-in-parliament-to-clarify-cryptos-legal-status

Problem is - if you pass kyc with coinbase, kraken etc, you still cant buy, due to the UK banks blocking payments to there accounts.
Have you tried to use banks that friendly with cryptocurrency? https://pony.studio/design-for-growth/crypto-friendly-uk-banks

Quote
I want a working service that lets me buy with bank card, ideally bank transfer as this gives the lowest fees
There are few choices:
1. https://peachbitcoin.com/faq/Buy-&-Sell-Bitcoin-using-gbp-in-2024/
2. https://lnp2pbot.com/