Bitcoin Forum

Economy => Currency exchange => Topic started by: MajorBuzz on September 05, 2017, 10:01:11 AM



Title: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: MajorBuzz on September 05, 2017, 10:01:11 AM
I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Hybrid1990 on September 05, 2017, 10:18:17 AM
I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?

Check pm :)


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: MajorBuzz on September 05, 2017, 10:43:49 AM
Check pm :)
Thanks but I'm not looking to deal directly with anyone. I'm looking for a long-term solution.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Hybrid1990 on September 05, 2017, 10:52:13 AM
Check pm :)
Thanks but I'm not looking to deal directly with anyone. I'm looking for a long-term solution.

If all be good i can buy 10k $ btc monthly ;)


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: koiler on September 05, 2017, 12:26:14 PM
Just use Localbitcoins, never had any problems there and there's plenty of traders who will buy from you.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Nathan047 on September 05, 2017, 04:13:09 PM
I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?
If it's anything like the US, just use Coinbase (don't worry, it's safe) to sell your BTC for USD/EURO and then transfer it to your bank account. Just remember to claim any gains when filing your taxes.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Xch4ng3 on September 06, 2017, 04:29:27 PM
Check out https://revolut.com/ - you get a US/EUR/GBP account to send funds into. Bittrex -> Coinbase -> Bank. Don't forget you can also use CB to fund GDAX.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Notetoself on September 06, 2017, 09:47:17 PM
Localbitcoins. Stop being daft mate.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: sardasa on September 07, 2017, 07:36:22 AM
I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?
Cex.io is also a good option for this.


Title: Re: Safe way to sell Bitcoin and transfer funds back to a UK account
Post by: Luckylegs on January 03, 2018, 09:34:23 AM
Thank you all for sharing this info. Not sure what I would do without this forum, honestly! For an additional bit of info, Revolut seems really useful especially if you have one of their pre-paid cards, you can use it anywhere in the EU without the usual charges...bonus!!