How To Buy Your FIRST Bitcoin - Cheap / Easy (In The UK)

This is the easiest way to buy your first Bitcoin in the UK, that is cost effective and keeps your fees low.
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► ABOUT
Buying Bitcoin can seem a daunting prospect, especially if you are new to the asset. So in this video I will go through 2 of the best methods for buying bitcoin, using my go to crypto exchange kraken. The first method will show you the absolute easiest way you can purchase bitcoin using apple pay or a credit card, but this is actually best avoided. You get charged a significant fee for this convenience, so the better way to purchase is to deposit fiat currency first (GBP regular pounds cash). Once you have done this you can buy with a much smaller fee for simply taking this extra step.

So this is obviously great as it cuts your fees, but there is an even better method which is slightly more complicated. This involves spot trading and using the kraken pro app, which is a little more advanced. It may seems scary but its also really simple to use once you know how, and your fees will be halved compared to using the regular kraken app.

Some people worry about, Should UK Investors Buy Bitcoin? well that question aside we are going to look at How to buy Crypto in the UK 2024 and instead of having to work out Which Crypto Exchanges Have Been Approved Following New UK FCA Regulations. Top UK exchanges 2024 I will show you my favourite regulated exchange and a full step by step walkthrough of what you need to do. I am an investor so we are not interested in the Best Crypto Trading Platforms 2024!! (Full Guide & Review), instead we are just focussed on How To Buy Bitcoin For Beginners | Step by Step. We will not be looking at How To Buy Bitcoin On Coinbase as they charge very high fees. Instead we will look at How To Buy Bitcoin On Kraken - Step-by-Step Guide or Kraken Exchange: Complete Beginner's GUIDE!! 📈

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Disclaimer:
This content is for informational and entertainment purposes only and does not constitute financial advice, investment advice, or an inducement to engage in financial activity. Any references to financial products, investments, or services are general opinions and are not tailored to your personal circumstances. Please conduct your own research or consult a qualified professional before making any financial decisions. When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results. You may lose some or all of your investment. Always consider your own financial goals and risk tolerance before investing.
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► Contents
00:00 - Intro
00:33 - Finding & Understanding Exchanges
02:00 - Method 1 - Most Convenient
03:10 - Method 2 - Easy & Cheap
04:48 - Method 3 - Cheapest
08:55 - Keep Your Bitcoin Safe

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