Making Bitcoin easy for all.
EasyBitcoin is a UK-based company with one mission: make Bitcoin easy to understand, easy to buy, easy to hold and easy to sell.
About Us
We believe Bitcoin should be easy for everyone in the UK.
That’s why we’re building a British platform that makes Bitcoin easy to understand, easy to buy and manage without the confusing tools found on most exchanges.
Built specifically for UK customers, our platform works in pounds (£) with familiar payment methods and clear pricing, designed for everyday users rather than professional traders.
A simple and trusted way to get started with Bitcoin. Lovingly built in Britain.
Bitcoin FAQ’s
What is Bitcoin?
- Bitcoin is a digital currency that lets people send and receive money online without using a bank.
- It runs on blockchain technology, which records transactions securely and transparently.
Is Bitcoin legal in the UK?
- Yes, Bitcoin is legal to buy, sell and hold in the UK, but it is not classed as legal tender.
- Crypto businesses are regulated by the Financial Conduct Authority (FCA) and HMRC may charge Capital Gains or Income Tax on Bitcoin profits.
How do I buy, store and sell Bitcoin?
- You can buy and sell Bitcoin using FCA registered crypto exchanges, trading apps or online brokers in the UK.
- Bitcoin can be stored in an online wallet, mobile wallet or a hardware wallet for added security.
- When you sell, funds are usually converted to GBP and withdrawn to your UK bank account.
How do I send or receive Bitcoin?
- Bitcoin can be sent or received by using a Bitcoin wallet address.
- Transfers are global, do not rely on banks and are recorded on the blockchain.
Can Bitcoin be hacked or lost?
- The Bitcoin blockchain has never been hacked but exchanges and digital wallets can be targeted.
- Bitcoin can also be lost if private keys or recovery phrases are misplaced.
Why does the Bitcoin price change so much?
- Bitcoin’s price is influenced by supply and demand, investor interest and market sentiment.
- News, regulation and guidance from bodies like the Financial Conduct Authority can cause price volatility.
What is the difference between Bitcoin and cryptocurrency?
- Bitcoin is a specific cryptocurrency, while “cryptocurrency” is a general term for all digital currencies including Ethereum and thousands of others.
- Bitcoin was the first cryptocurrency and is mainly used as a store of value, whereas other crypto assets may have different uses and are also regulated under UK rules set by the Financial Conduct Authority with tax guidance from HMRC.
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