BEGINNER PATH / 15
Buying Bitcoin normally means exchanging another form of money for an amount of BTC at an agreed quote, then deciding where the resulting Bitcoin will be held.
Decide how much money you want to exchange, such as £20, £100 or another amount.
Check the BTC amount, exchange rate, service charges and any other displayed costs.
Confirm the transaction only after you understand the amount and terms shown.
The Bitcoin may remain with a custodian or be delivered to a wallet you control, depending on the service.
Confirm the resulting balance or on-chain transaction and keep appropriate records.
WHAT TO CHECK / 16
The market rate tells you how much Bitcoin a unit of your local currency corresponds to at that moment. Quotes can change as markets move.
SEE BTC / GBP →Services can charge explicit fees and may quote a buy price different from a reference market price. The total amount paid matters more than one headline percentage.
Before buying, understand whether the provider will hold the Bitcoin for you or whether it will be delivered to a self-custody wallet you control.
COMPARE CUSTODY →