From Pounds to Bitcoin in Five Minutes or Less

Peter Smith
@blockchain
Published in
2 min readDec 19, 2019
@NicCary and I in Shoreditch, London.

Blockchain.com’s roots in the UK go all the way back to our beginnings in a small, crowded flat in York. As such, many of our first and longest Wallet users are Brits who were willing to go out on a limb with us, and a network that was more likely to be called insane than investible.

A lot has happened since then. Bitcoin and cryptocurrencies are a focus of every bank and financial institution in the world, and London has quietly become a hub for our ecosystem.

So today, we’re opening the doors so you can turn your Pounds into crypto and join the next wave of British adopters ready to embrace a financial future that’s not subject to the political dramas that have rattled the British economy over the past few years.

And the best part is — we’re going to get you from sign-up to purchase in just five minutes with the best on boarding experience in crypto and the UK’s Faster Payments Service (FPS).

Here’s how to get started:

  1. Sign-up for an account here, and follow the prompts to get “Gold Verified” (all you need is a few details, government I.D., and photo — our automated system does the rest!)
  2. Click the “Deposit Now” tab in the top right corner, select GBP, and follow the prompts to fill in your bank details and select your deposit amount to begin your bank transfer.
  3. As soon as your transfer hits your account, normally in less than a minute, you’re ready to buy bitcoin. You can place your buy order on the right-hand side. Sit back and watch the fastest exchange get your crypto in seconds.

That’s it.

This seamless user experience is the best in the industry, which is fitting given it is for the people and country that has been so good to us over the years.

We chose to be here for many reasons, but among the most important was its position as a global hub for finance, and its storied history of integrating emergent technologies into the lives of millions of people faster than any other country in the world.

We’d love to have you be the newest member of our community, and help carry that legacy into a new decade that promises to be as full of opportunity as it does change.

Cheers!
Peter

PS: We had that mural done In honor of the launch, by one of our favorite street artists. Find it, snap a pic with it and you could win some crypto. It won’t be around long so check out our Twitter @blockchain for the full details.

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