Just like the rest of the world, Bitcoin is gaining popularity in the UK too. Millions of people are investing in this cryptocurrency daily. If you are looking for some popular platforms which can help you in cryptocurrency trading in the UK, then this is the place for you. There are multiple platforms available online to convert Bitcoin to Pounds but they can differ in a lot of features and services. One of the biggest differences you will find is the fees that exchanges charge for the conversion of BTC to Pounds. So, the question arises is how will you find the best platform to sell your cryptocurrency? Well, we have sorted it all for you as we have compiled different websites for you so you can start trading today.
Coinbase Pro is one such platform and here you can Sell BTC for GBP Currency with very low fees. You will be surprised to know that it was the first exchange that started giving support for the withdrawal of GBP through Faster Payments services (FPS). Even in 2021, Coinbase Pro is the platform that charges the lowest fee for its services. The fee per transaction is 0.5% of the total transaction and no hides fees are charged from customers. The exchange follows the phenomena of volume-based fees which is a good feature as you will be charged fewer fees if you are selling a huge amount of Bitcoins.
Want to know how much your Bitcoin worth in Pounds? Then Wirex is also another option for you. This platform will support different cryptocurrencies as well different fiat currencies like GBP, USD, and EUR, etc. Wirex has also given you the option to have a Bitcoins debit card but this service is only available in Europe. The transaction fee is 2.5% which is comparatively high as compared to Coinbase pro. You will be charged 1% of the transaction amount and a 1-1.5% hidden fee will be charged. The payments are instant and funds will be available in your account within a couple of hours.
1 Bitcoin in GBP Exchange rate can also be found on Bittylicious. The company is providing its services for the last eight years. This platform is very easy to use and even beginners will find this platform very simple. It is popular among the masses but the charges are about 2-3% of the total transaction. Faster Payments service is supported by this website, therefore you can easily sell your Bitcoins and the funds generated will be available in your local bank account instantly or within few hours.