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How to buy Wrapped Bitcoin in the UK
Learn how to buy Wrapped Bitcoin on Kraken’s crypto platform. Create your free account and connect a funding method to buy over cryptocurrencies including WBTC. Kraken makes it quick and easy to get started.
Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.
Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.
Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.
Step 4: Choose from 300+ assets - Buy Wrapped Bitcoin or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).
Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much WBTC you will receive.
Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Wrapped Bitcoin in your Kraken account.
In the past 24 hours, Kraken clients bought 0.62 WBTC worth £40,216.
Why buy Wrapped Bitcoin with Kraken in the UK?
Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy Wrapped Bitcoin with a credit card, debit card, bank transfer, and more.
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About Wrapped Bitcoin
A tokenized version of Bitcoin on the Ethereum blockchain, WBTC allows BTC holders to access decentralized finance (DeFi) applications. Fully backed 1:1 by Bitcoin, WBTC enables fast, secure transactions and interoperability with Ethereum-based protocols.
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Swap Wrapped Bitcoin for other assets
After you buy Wrapped Bitcoin, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Wrapped Bitcoin trading pairs so you can move in and out of the market with ease.
Crypto Asset General Risks
- Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
- Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
- Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
- Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
- Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.
Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
If you want to learn more about specific risks related to Wrapped Bitcoin, please visit our crypto asset statements page.
Learn more about Wrapped Bitcoin
How does Wrapped Bitcoin work?
Where can I buy Wrapped Bitcoin?
How much does 1 Wrapped Bitcoin cost?
Can I buy $100 worth of Wrapped Bitcoin?
Is it safe to buy Wrapped Bitcoin?
Is Wrapped Bitcoin available to buy and sell in my country?
Is Wrapped Bitcoin a good investment?
Can I purchase Wrapped Bitcoin using my local currency?
How much is Wrapped Bitcoin transaction fee?
What is the minimum amount of Wrapped Bitcoin I can buy?
How to buy Wrapped Bitcoin with PayPal?
How to buy Wrapped Bitcoin with a debit card?
How to buy Wrapped Bitcoin with a credit card?
How to buy Wrapped Bitcoin with other cryptocurrencies?
Can I transfer Wrapped Bitcoin from Kraken to my crypto wallet?
Is it safe to keep Wrapped Bitcoin on Kraken?
What is the current circulating supply of Wrapped Bitcoin?
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Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Wrapped Bitcoin. Check out some of the top trading pairs on Kraken today.
Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.