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Finding places to buy bitcoin (btc) in the uk with a credit card at decent rates used to be difficult. To buy bitcoins on an exchange, you need to open an account and verify your identity. As he is from the uk, he searches for sellers in his country. You should be able to insert any amount of cash so long as it meets the minimum and maximums amounts allowed by the batm. All bitcoiners are welcome to join the bitcoin cash community as we move forward in creating sound.
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Cryptoasset investing is unregulated in most eu countries and the uk.
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If buying bitcoins with cash via cash deposit, use an escrow service (like localbitcoins or bitquick) to ensure the seller must send you the bitcoins after receiving bitcoins.
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