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How to Sell Crypto Online

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How much is 1 Bitcoin in British Pound today?

1 BTC = £48,384.55
-2.57%24H
Last updated: 17 Jun 2026, 09:43 am UTC
BTC24H -2.57%7D +5.95%1M -15.60%3M -7.86%
1 BTC49,662.92 GBP45,668.30 GBP57,328.03 GBP52,512.78 GBP
5 BTC248,314.60 GBP228,341.48 GBP286,640.15 GBP262,563.88 GBP
10 BTC496,629.20 GBP456,682.97 GBP573,280.30 GBP525,127.75 GBP
50 BTC2,483,146.00 GBP2,283,414.85 GBP2,866,401.50 GBP2,625,638.76 GBP
100 BTC4,966,292.01 GBP4,566,829.70 GBP5,732,803.01 GBP5,251,277.52 GBP
500 BTC24,831,460.04 GBP22,834,148.49 GBP28,664,015.05 GBP26,256,387.62 GBP
1,000 BTC49,662,920.09 GBP45,668,296.98 GBP57,328,030.09 GBP52,512,775.24 GBP

Live Bitcoin market price for reference. Your final sell price will reflect processing fees and network costs, shown before you confirm the sale.

About Bitcoin

Over the last 24 hours, £18.26B of Bitcoin has changed hands — 23.21% below the previous day's volume. BTC is currently trading at £48,384.55 as of 17 Jun 2026, 09:43 am UTC, with a total market cap of £969.82B and 58.28% dominance of the broader crypto market. 20.04M BTC are in circulation out of a maximum 21.00M BTC, putting Bitcoin's fully diluted valuation at £1.02T. In the last hour, BTC has moved -0.09%. You can sell Bitcoin on BitMEX and cash out to your bank account in minutes. Low fees, real-time prices, and fast withdrawals.

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Why Sell Crypto on BitMEX

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FAQs

How do I sell Bitcoin and receive GBP?

Expand FAQ answer
Log in to BitMEX and go to Sell Crypto. Select Bitcoin (BTC), choose GBP as your payout currency, enter the amount and your UK bank details, and confirm. Banxa or Mercuryo converts BTC at the live rate and sends GBP via Faster Payments to your registered UK bank account. BitMEX charges no platform fee; partner fees are shown before confirmation. GBP Faster Payments typically arrive the same business day.

How does GBP withdrawal work when selling Bitcoin?

Expand FAQ answer
GBP payouts are processed via Faster Payments through BitMEX's regulated off-ramp partners, Banxa and Mercuryo. Faster Payments is the UK's near-instant bank transfer network and typically delivers funds within a few hours on a business day. Your bank account must be a UK account held in the same name as your verified BitMEX identity. All fees are disclosed at checkout before you confirm.

What are the UK tax implications of selling Bitcoin for GBP?

Expand FAQ answer
HMRC treats Bitcoin as a capital asset; selling it is a capital gains tax event. Basic-rate taxpayers pay 18% CGT on crypto gains; higher-rate taxpayers pay 24%. The annual CGT exempt amount is £3,000. HMRC's share pooling rules govern cost basis calculation, and the 30-day bed-and-breakfasting rule applies if you repurchase Bitcoin within 30 days of a sale. Bitcoin has no staking yield, so disposal is typically the only taxable event for most holders. The 50% CGT discount does not apply in the UK. Keep accurate records of acquisition cost, disposal proceeds, and dates.

What should I consider before selling Bitcoin for GBP?

Expand FAQ answer
Bitcoin is priced in USD, so GBP proceeds depend on both BTC/USD and GBP/USD at the time of sale. Sterling can move significantly around Bank of England rate decisions, UK inflation data, and political developments. A weaker pound against the dollar increases GBP proceeds from a USD-priced asset; a stronger pound reduces them. Consider both BTC/USD and GBP/USD when assessing the timing of a sale. Not financial advice.

How long does it take to receive GBP after selling Bitcoin?

Expand FAQ answer
Bitcoin sales confirm immediately on BitMEX. GBP proceeds via Faster Payments typically arrive the same business day, usually within a few hours of the off-ramp partner initiating the transfer. Settlement speed may vary depending on your bank and the time of day. Withdrawal status is trackable in your BitMEX dashboard. Fees and estimated arrival times are shown before you confirm.

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Disclaimer

Content on this page is for informational and illustrative purposes only, based on third-party insights, and is provided "as is" without warranty.
Buying crypto is inherently speculative and may not be accurate; future prices can differ significantly. The conversions shown in the calculator are based on the current market price available on BitMEX and external price sources.

This is not financial advice, nor a recommendation to buy any product. Digital asset prices are highly volatile, and you risk losing your investment. You are solely responsible for your investment decisions. Past performance is not a reliable indicator of future results. Always understand the risks and consult an independent financial advisor before investing. For full details, refer to the BitMEX Terms of Service and Risk Disclosure Statement.