UK crypto set up

[Bunny]

I am a techno idiot and stuff I've read about crypto makes me want to lie in a dark room for 4 hours 😳. I'm in the UK so most of the USA apps don't apply. Anyone knowledgeable about how to commence with crypto in the UK? Everything I look at seems to hit a dead end 😞 What apps to use (simplest and easiest!)please. If I get pointed in the right direction I'll work out what to do. I think 😂

 

[miss-sanne]

exodus is very easy, i think it works, i'm in denmark.
did you see the guide to crypto ?

Set up a Crypto Wallet 101

Head to Exodus.com which is a non custodial wallet, meaning, you have full control over your private keys, you are the sole custodian of your digital assets. This gives you complete ownership and privacy over your funds, but also places the responsibility of securing those private keys, through...

glp1forum.com

 

[Bunny]

Thank you. I am attempting to understand. It's like a foreign language

 

[miss-sanne]

Thank you. I am attempting to understand. It's like a foreign language

oh i know, i got really confused at first, but exodus is easy to use. you can do it ! write again if you need help

 

[LeadFitz]

Thank you. I am attempting to understand. It's like a foreign language

I wrote the guide if you need more help let me know.

 

[littledragon25]

I am UK based and have talked a couple of people through it step by step. Feel free to DM me if you want some support with it. I was so scared of crypto at first but it's quite simple, really.

 

[Bunny]

Thank you. I am going to try and set an account up today. I am wanting to make an order and have contacted 3 vendors. Nobody has responded! I suspect that Paypal payments will stop at some point.

 

[littledragon25]

Thank you. I am going to try and set an account up today. I am wanting to make an order and have contacted 3 vendors. Nobody has responded! I suspect that Paypal payments will stop at some point.

Yes, most are stopping PayPal. But crypto isn't as hard as you think, I promise.

First thing to do if you haven't already is download and set up coinbase, including linking it to your preferred payment. I use debit card as it's faster. In the UK we have a 24 hour hold on buying crypto once it's initially set up, so if you do that now it means you'll be able to buy tomorrow. The hold applied to all exchanges, but I know and use coinbase.

 

[Bunny]

Coinbase account now exists. Two banks have declined a small £60 payment ( debit cards)despite successful OTP. Virgin and Santander. Best plan?

 

[Bunny]

Do you, more knowledgeable folks, think a bank transfer would go through? If I can get £ into coinbase I intend to buy a single vial from a UK pep seller who accepts bitcoin. A trial run....

 

[littledragon25]

My coinbase is just set up with my debit card. I did wait a few days before trying to buy, but I can't think why you'd be declined. Try the bank transfer and see what happens.