First-time buyer

Ready to buy your first crypto safely.

1. Step 1 Check FCA register

   Verify a UK crypto firm is on the FCA register before you send money. Plain-English walkthrough with what MLR registration means and what it does not.

2. Step 2 How to buy crypto

   A step-by-step guide for beginners — choosing a safe app, paying in pounds, and keeping records for tax.

3. Step 3 KYC explained

   Why UK crypto apps ask for photo ID, how verification works, and what data CARF means from 2026.

4. Step 4 Safe storage

   Where to keep your crypto, how passwords work, and what happens if you forget them — explained simply.

5. Step 5 No FSCS protection

   Why UK bank deposit protection does not cover crypto on exchanges — Celsius-style failures, scams and what you can do.