Get a 20% Discount When You Pay with Bitcoin
Don’t have Bitcoin? No worries! You can still benefit from a 20% discount using cryptocurrency. Easily acquire BTC using Coinbase, the leading and widely accepted platform for crypto transactions in the UK. Coinbase streamlines the purchasing, selling, transferring and storing of BTC across multiple geographies, including the UK, Europe, USA, Australia, Malaysia, Singapore and various Asian countries.
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Table of Contents
Step-by-Step Tutorial on Using Coinbase and Paying for Your Order With Bitcoin
What Exactly Is Bitcoin & How Does It Work?
FAQ - Coinbase ID Verification
Everything You Need to Understand About Bitcoin
A Global Digital Currency, No Exchange Fees, No Worry
Bitcoin stands as a global online currency built for the 21st century. It facilitates transactions worldwide with no additional fees. Sending BTC to anyone, anywhere, is a seamless process.
Goodbye, Corporate Banks
Use BTC for global shopping and direct person-to-person transactions, bypassing traditional big banks or platforms like Visa, Mastercard, American Express or PayPal. It’s the dawn of a new era of decentralised and borderless commerce.
BTC: Secure, Safe & Legitimate
In most developed regions, such as the EU and Australia, it's legal to buy, sell, spend, exchange and trade BTC. Furthermore, it's perfectly legal to utilise, purchase and own crypto in the UK.
How Can I Buy Bitcoins?
Create an Account on Coinbase or a Similar Platform
When purchasing BTC, it's important to have a secure storage solution. Coinbase is a leading online platform where you can safely store, buy, sell and transfer your BTCs.
Identity Verification
After creating your Coinbase account, you'll need to undergo identity verification for transactions of £100 or more. Once verified, you can commence buying BTC using a credit card, debit card or bank account.
Purchase of Your First Fractional Bitcoin
During checkout, select your preferred payment method and acquire the exact amount of BTC for your transaction. Once completed, you're free to utilise your funds as desired.
Commonly Asked Questions on Bitcoin
In the UK, you have several options for purchasing BTC::
- Online exchanges: Platforms such as Coinbase, eToro, Uphold and Kraken facilitate the purchase of Bitcoin through bank transfers, credit cards and sometimes cash transactions.
- Bitcoin ATMs: Similar to traditional ATMs, Bitcoin ATMs allow you to convert cash or card payments into BTC directly into your digital wallet.
- Peer-to-peer platforms: Conduct direct transactions with individuals on peer-to-peer platforms to acquire crypto.
- Mobile applications: Apps such as Cash App offer convenient features for purchasing BTC.
Always prioritise the use of secure and reputable platforms when procuring digital currency.
To acquire cryptocurrency:
1) Log into your Coinbase.com account.
2) Choose + Buy.
- This will bring up a pop-up window in the Buy mode.
3) Pick the desired asset.
4) Specify the frequency of the purchase.
5) Enter the amount you wish to buy.
6) Choose your preferred payment method.
7) Click on Review order.
8) Confirm your order by clicking on Place order.
- At this stage, you may need to undergo furhter verification.
To acquire cryptocurrency:
1) Begin by logging into your Coinbase.com account.
2) Click on Buy & Sell in the toolbar.
- A pop-up window will appear in the Buy mode.
3) Enter the amount you wish to buy.
4) Choose the frequency of your purchase.
5) Select the cryptocurrency asset.
6) Choose your preferred payment method.
7) Review your purchase by selecting Preview Buy.
8) Confirm your purchase by selecting Buy Now.
- You may be asked to complete further verification.
Unlocking the Secrets of Bitcoin
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What Is Bitcoin and How Does It Work?
Developed by Satoshi Nakamoto, Bitcoin (BTC) is an innovative form of digital currency. Unlike traditional paper money issued by central banks, BTC exists only in a digital form.
BTC works through blockchain technology which is a publicly distributed and decentralised ledger. This ledger documents all Bitcoin transactions that have taken place. Transactions create blocks validated by miners through complex puzzles (Proof of Work). Security comes from decentralisation, cryptography and consensus. Users need wallets with public/private keys. These enable low-cost global peer-to-peer transactions.
How to Get a Bitcoin Wallet
A Bitcoin wallet is a digital tool for securely storing, sending and receiving BTC. Various wallet types offer different levels of security and convenience. Here’s how to get a Bitcoin wallet:
- choose the wallet type that suits you best: There are software wallets (apps on devices), hardware wallets (physical devices), web wallets (online platforms) and paper wallets (physical keys on paper);
- follow the wallet provider’s instructions to install and set up your chosen wallet;
- secure your wallet: Prioritise security by keeping the backup seed phrase offline and secure, using strong passwords, enabling two-factor authentication (2FA) whenever possible and being cautious of phishing attempts.
After you create your wallet, you can send and receive BTC. Share your BTC address to receive payments. To make a payment, enter the recipient’s address and the desired amount.
Best Exchange to Purchase Bitcoin in the UK
Among other exchanges, Coinbase emerges as a reliable choice. Based in the USA, the platform allows you to purchase crypto directly using your bank account or credit/debit card. Security is a top priority for Coinbase, as it employs advanced encryption methods, implements 2FA and stores most users’ funds in cold storage to reduce potential security risks. Furthermore, it provides educational materials, making it a worthwhile starting point, particularly for those new to the cryptocurrency world.
Tips on How to Get Bitcoins on Coinbase
Here are some tips to help you acquire BTCs on Coinbase:
- create an account: Visit the official website or download the app on your mobile phone. Click on either the “Sign In” or “Get Started” button, provide the required info and complete the identity verification process;
- link a payment method: You may link a bank account or credit/debit card to your Coinbase account;
- navigate to “Buy/Sell”: Access the “Buy/Sell” section on your Coinbase dashboard and choose BTC as the cryptocurrency you want to purchase;
- specify amount: Enter the amount in your local currency that you want to spend on BTC or the quantity of BTC you wish to acquire;
- review and confirm: Double-check the transaction details, including the chosen payment method and the amount. Confirm the purchase. Depending on the payment method, your transaction might take some time to process. Bank transfers generally take longer to complete than credit/debit card transactions;
- consider a wallet: While Coinbase provides a wallet service, you might want to explore using a private wallet for added security;
- take security measures: Enable 2FA to enhance the security of your Coinbase account.
You need to be always educating yourself. Take the time to learn about crypto and its potential risks. Also, familiarize yourself with the legal and tax implications of owning and trading cryptocurrencies in your jurisdiction.
How Much Is 1 Bitcoin in Pounds?
The value of 1 BTC in pounds can greatly vary due to the volatile nature of the cryptocurrency market. Its price is determined by supply and demand factors, as well as market sentiment, regulations, macroeconomic trends and other variables. As a result, the price of 1 Bitcoin in pounds can change rapidly within a short period.
Reliable cryptocurrency exchanges can offer real-time pricing information. For example, you can always check the current cryptocurrency value on Coinbase.
How to Buy Bitcoin with a Credit Card
Follow these steps to purchase BTC through a credit card:
- choose a reputable crypto exchange that accepts credit card payments;
- register for an account and complete the verification process per the platform’s stipulated requirements;
- attach your credit card to your account;
- start the purchase: The exchange will show the equivalent value of BTC in your local currency;
- check the details of the transaction and subsequently confirm the purchase;
- proceed to pay: Enter your credit card particulars, including the card number, expiry date, CVV and billing address.
After that, you will receive BTC in your exchange account wallet.
How to Send BTC from Coinbase to Another Wallet
Selecting your destination wallet to receive your BTC is a pivotal step in the process, offering you control and security over your digital assets. Here’s how to send BTC from Coinbase to your chosen wallet:
- log in to your Coinbase account: Sign in to your account using your credentials;
- access your wallet and select BTC: Navigate to the “Portfolio” section on the Coinbase dashboard. Locate & click on your BTC wallet;
- start the sending process: Click on the “Send” or “Send/Receive” button and initiate a BTC transfer;
- add the recipient’s wallet address: You’ll be prompted to enter the recipient’s Bitcoin wallet address. Make sure the address is accurate and belongs to the intended recipient. Copy and paste but double-check for any typos;
- enter amount: Specify the amount of BTC you wish to send. You can enter the amount in BTC or your local currency equivalent;
- review and confirm: Carefully review all the details, including the recipient’s address and transaction fee. Once you’re sure, confirm the transaction. Depending on your security settings, you might need to provide a 2FA verification code;
- wait for confirmation: After confirming, Coinbase will process your transaction. This involves adding the transaction to the Bitcoin blockchain for verification;
- monitor transaction: You can monitor the progress of your transaction on the blockchain using the transaction ID provided by Coinbase;
- verify in destination wallet: When transferring BTC, it may take some time for it to appear in the recipient’s wallet. Transactions usually require several confirmations before they are completed.
Remember that BTC transactions are irreversible. Once confirmed, they cannot be undone.
Where to Buy Modafinil with Bitcoin in the UK with 20% OFF
At ModafinilUK, you can buy modafinil online with Bitcoin and get a generous 20% discount on your order. We also accept alternative payment methods such as credit cards and PayPal. However, choosing crypto as your primary payment option guarantees both safety and security, and it comes with a substantial cost reduction.
The procedure for buying modafinil using Bitcoin occurs in the following steps:
- select the modafinil or armodafinil products you intend to purchase;
- proceed to the checkout page, where you will be prompted to designate BTC as your preferred payment option;
- adhere to the provided instructions to complete the crypto transaction. We’ll send an email to you, containing the cost of your order along with the particulars of a crypto wallet address.
Upon transferring the specified amount to our crypto wallet, we will initiate the delivery of your order.
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Shipping FAQ
At Modafinil.UK we aim to provide a seamless shopping experience for all our customers. Whether you’re based in the UK 🇬🇧, Australia 🇦🇺, USA 🇺🇸 or Europe 🇪🇺, you have the choice of domestic or international shipping options to suit your requirements. For those outside of these areas, rest assured that we also offer international shipping to ensure no one is left out.
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