Live Cryptocurrency Prices in British Pounds (GBP)
Looking for the live price of Bitcoin and your other favourite cryptocurrencies in GBP? We made this page for you! We got tired of crypto price charts exclusively showing USD values, so we decided to make this tool with which you can view the price of cryptocurrencies in British Pounds (GBP). Are we missing a coin? Tell us here.
You can also click on a coin to be taken to the step-by-step buying guide…
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Bitcoin Price in GBP
Bitcoin, like any other tradable asset, does not have a fixed price. So Bitcoin Price in GBP is constantly changing. The above table shows Bitcoin Price Live in the UK in GBP and other Cryptocurrency prices in the UK. They are traded globally during all hours of the week across hundreds of exchanges. However, the market is mature enough, and there is enough volume that we see similar pricing across exchanges.
The demand to buy Bitcoin is incredibly high as it was the first cryptocurrency ever made, and it is in limited supply. New Bitcoins are generated by miners using expensive computing machines and electricity. However, there is a limit of 21 million Bitcoins that can ever be mined. Out of this, 18.5 Million has already been mined. It is this pre-programmed limit that makes Bitcoin scarce and valuable to many investors.
Cryptocurrency Prices UK
The cryptocurrency market in the UK is already massive. As of 2020, 1.9 million people (4% of the adult population) hold cryptocurrencies in the UK. This number has only gone up ever since Bitcoin went through a tear in early 2021.
The table above shows the live prices of the top cryptocurrencies in the UK. While Bitcoin and Ethereum have always been in the first two spots, other cryptocurrencies keep changing. Cryptocurrency prices in the UK are reflective of the global market. The table shows the current price, the market cap, 24-hour volume traded across exchanges globally, the total supply, and finally, the percentage change in the last 24 hours.
Is Bitcoin legal?
Yes! It is perfectly legal to buy and sell cryptocurrencies in the UK. The UK does not consider Bitcoin and other Cryptocurrencies as legal tender. However, they are regarded as property that can be traded.
Over the last few years, UK regulators have been introducing laws and legitimising the entire industry. For now, UK’s crypto laws are similar to that of the EU. Exchanges are required to perform KYC checks to prevent money laundering, terrorist financing, and other regulations.
In the long-term, UK can emerge as a crypto-friendly country with progressive laws and compete with other European nations as the adoption continues to skyrocket. Check out our guide on Cryptocurrency Taxes and crypto-friendly banks in the UK before you get started on trading. If you’re looking to spend your Bitcoin gains, a crypto debit card might come in handy.
Keep up with cryptocurrency price movement in British Pounds by bookmarking this page.