Learn — Getting started
Your first
steps.
Four things to do, in order, before you invest a penny in crypto. No jargon. No pressure. Just the foundation you need to start with confidence.
The path
A clear sequence from zero knowledge to first purchase
Total reading time to cover all four guides
You don't need to spend anything to learn
Understand what you're buying
Crypto is not magic internet money. It's a technology with specific properties and real risks. Start here before spending a penny.
Read: What is cryptocurrency?→Set up a wallet
An exchange account is where you buy. A wallet is where you actually own your crypto. The distinction matters. You don't need one on day one, but you should understand why they exist.
Read: Setting up a wallet→Buy your first crypto
Pick an FCA-registered exchange. Deposit GBP via bank transfer. Make a small purchase. The whole process takes about 15 minutes. We have a step-by-step guide.
Read: How to buy crypto in the UK→Know the tax rules from day one
This is the step most people skip and later regret. In the UK, selling or swapping crypto triggers Capital Gains Tax. The annual allowance is just £3,000. Keep records from your very first trade.
Read: Capital Gains Tax on crypto→A note on pace
There is no rush. Crypto markets run 24/7 and they will still be there next week. Take the time to read, understand, and only then act. The best investment you make is understanding what you're doing before you do it.
Step one
Start with the basics
Five minutes. No account required. Just plain English.
What is cryptocurrency? →