The Bitcoin exchange and trading transactions are of a high demand among the Internet users. And for those who are using pound in their everyday activities, especially for the citizens of UK, the opportunities for converting Bitcoin to pound are highly attractive. At the same time, the users from Great Britain may enjoy an easy opportunity to pay for BTC in GBP. Among the services that offer the highest level of convenience when making such operations, CEX.IO takes the leading positions as it allows to choose the most convenient purchase conditions. For example, to convert Bitcoins to pounds, you can place a limit order, and it will be filled under the conditions you expect it to be completed. So, you will receive as much as you want. You can also make a more instant purchase with the market order. In this case, the purchase will be made under the current market conditions. Ultimately, you can also use our option of instant purchases in the Buy/Sell section of the website. Here, you will have your order completed under the conditions that are not worse than the agreed with the help of FOK orders.
While observing the situation on various exchange platforms that offer its users an opportunity to trade Bitcoin for fiat money, many customers often complain about the hidden fees. However, on CEX.IO, whether you convert GBP to Bitcoin or BTC to Pounds, all the fees are clearly indicated on the website and transparent. They are also quite competitive, when considering the market. The taker-maker scheme allows us to benefit those individuals who bring liquidity to the market. At the same time, a competitive and reasonable price is the most valuable aspect for many of users. It is convenient to use CEX.IO for arbitrage trading, considering that the prices are more beneficial for those who sell crypto. Anyway, buying crypto is also easy and clear. Let’s check how Bitcoin price in pounds is calculated on CEX.IO. CEX.IO platform allows for carrying out a transaction at the best possible price currently available on the market. It is calculated from the top down of the order book. For example, if you place an order for 3 Bitcoins, and there are 1.5 BTC sold for £7618.0 and more 1.5 BTC for £7625.8 in the order book, then the 2 orders will be added. After summing up and dividing, we receive the price for 1 BTC is £7621.9. The fees will be calculated depending on your trading volume and extracted automatically. Considering this, the price that the users pay is highly transparent and may be easily checked. With this in mind, converting GBP to BTC appears rather beneficial for the customers.
For the customers, to successfully identify the best moment to pay for Bitcoin in pounds, the Trade section appears of much assistance. Here, one can insert the amount of GBP to spend and receive an approximate volume of Bitcoin to purchase. At the same time, choosing the most appropriate moment may be based on the graph analysis. On CEX.IO, the BTC/GBP exchange rate can be easily tracked on the graphs showing price fluctuations. The green color means Bitcoin price growth and the red stays for falling prices. The users can choose a specific period and observe how rate behaved at some time. Based on this analysis, they can identify a time for a purchase. Combined with the transparent procedure of price determination and clear fees, CEX.IO allows users to receive just what they need. Try the service right now for your benefit.