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According to research by the Financial Conduct Authority published earlier this year, 77 per cent of people surveyed who had bought cryptocurrency in Britain did so through an online exchange. The five most popular exchanges among UK cryptocurrency investors, according to a survey by the FCA earlier this year. Most did so through exchanges not based in the UK, with the five most popular exchanges among consumers – Coinbase, Binance, Kraken, Bittrex and Bitfinex – all based overseas. What’s in your wallet? Those who wish to hold bitcoin for the purpose of sending or spending it, rather than simply to make a profit from an increase in the price, will likely need a cryptocurrency ‘wallet’. This contains public and private ‘keys’, which help provide details and keep users’ cryptocurrencies safe. It is often recommended buyers store coins in a private wallet after buying them, rather than simply leave them on an exchange. 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