Your bitcoin.
Your keys.
Sorted for good.

No. BTCKey never handles client money. Your money goes directly from your own bank account to your own account on an FCA-registered exchange, and your bitcoin is withdrawn to a wallet only you control. BTCKey guides you on a live call but never touches the funds. Be cautious of any UK service that offers to buy bitcoin with your money without FCA registration.

No. BTCKey provides education and technical setup only. It never advises whether bitcoin is a good investment, how much to buy, or when. For regulated investment advice, speak to an FCA-authorised financial adviser.

Yes. Every BTCKey session assumes zero prior knowledge of bitcoin or cryptocurrency. If you can use online banking, you can complete every step in a session.

BTCKey's First Bitcoin session costs £99 for a 90-minute one-to-one guided setup. Vault Setup (hardware-wallet cold storage) starts at £299. The Legacy Plan (bitcoin inheritance planning) starts at £499. BTCKey Club membership is £29 per month for ongoing support.

No. Unlike some American companies that co-hold one key in a multisig arrangement, BTCKey never holds, sees, or stores any private key or recovery phrase. Inheritance planning is achieved through sealed documentation held with the client's solicitor, not through BTCKey keeping a key.

Bitcoin is a digital currency that operates on a decentralised, peer-to-peer network with no central bank or single administrator. It has a fixed maximum supply of 21 million coins, and ownership is controlled by cryptographic private keys rather than by any institution. Each bitcoin divides into 100 million smaller units called satoshis, so you can own a fraction of a coin.

To buy bitcoin in the UK: (1) open an account with an exchange registered with the FCA for anti-money-laundering purposes, such as Kraken or Coinbase; (2) verify your identity with photo ID; (3) deposit pounds by bank transfer or debit card; (4) place a buy order; and (5) for long-term holding, withdraw the bitcoin to a wallet you control rather than leaving it on the exchange.

Yes. It is legal to buy, hold, sell, and spend bitcoin in the UK. Firms that exchange or safeguard cryptoassets for UK customers must be registered with the Financial Conduct Authority for anti-money-laundering supervision, but bitcoin itself is largely unregulated as an investment, and losses are generally not covered by the FSCS.

A bitcoin wallet is an app or device that stores the private keys which control your bitcoin. The coins themselves live on the bitcoin network; the wallet holds your access to them. Software wallets (like BlueWallet) run on a phone, while hardware wallets (like Trezor or Ledger) keep keys on a dedicated offline device for stronger security.

A recovery phrase (also called a seed phrase) is a list of 12 or 24 words that can restore a bitcoin wallet on any device. Anyone who has these words can take the bitcoin, so a recovery phrase should be written on paper or steel, stored securely offline, and never typed into a website, photographed, or shared with anyone, including anyone claiming to be support staff.

Self-custody means holding the private keys to your own bitcoin instead of leaving coins on an exchange. It matters because bitcoin left on an exchange is an IOU: if the exchange is hacked, freezes withdrawals, or fails, customers can lose everything, and UK crypto holdings are not protected by the FSCS. With self-custody, no third party can lose, freeze, or spend your bitcoin.

Generally, yes. HMRC treats bitcoin as an asset, so selling, swapping, or spending it can trigger Capital Gains Tax on any profit above your annual CGT allowance, and receiving bitcoin as payment or income can be subject to Income Tax. Simply buying and holding bitcoin is not a taxable event. Tax depends on individual circumstances, so consult HMRC guidance or a qualified accountant. This is general information, not tax advice.

Bitcoin forms part of a person's estate for inheritance purposes, but without the private keys or recovery phrase it is permanently unrecoverable, because no company or court can restore lost keys. That is why bitcoin holders need an inheritance plan: documented, securely stored instructions that executors can follow, ideally prepared alongside a will with a solicitor.

Owning bitcoin means holding the actual asset with your own keys: you can withdraw it, spend it, and pass on the coins themselves. A bitcoin ETF or ETN is a financial product that tracks bitcoin's price: a custodian holds the underlying asset, you pay annual management fees, and you can never withdraw actual bitcoin from the product.

There is no minimum worth mentioning: because each bitcoin divides into 100 million satoshis, UK exchanges let you start with a few pounds. Many beginners deliberately make a small first purchase to learn the process before committing more. You should never invest money you cannot afford to lose.