Bitcoin Forum

Other => Beginners & Help => Topic started by: GameTrader on July 14, 2011, 04:12:50 PM



Title: Buying BTC in Europe?
Post by: GameTrader on July 14, 2011, 04:12:50 PM
While it seems that it is relatively easy to buy BTC in the US, what are good methodes for the European people?

While most exchanges offer bank wire - it is a slow progress that takes several days. Liberty Dollars are expensive. Paypal is not safe.

What are fast and reliable ways to buy BTC as a Euroepan?


Title: Re: Buying BTC in Europe?
Post by: rate5 on July 14, 2011, 06:29:25 PM
How much are you trying to buy?  I'm in the UK perhaps we could meet up and exchange GBP for BTC.


Title: Re: Buying BTC in Europe?
Post by: nmat on July 14, 2011, 06:35:59 PM
Last week used SEPA bank transfer to Mt Gox and it worked fine (but apparently SEPA transfers in EUR are now closed until next week). It took 2/3 working days and I didn't pay any fees.


Title: Re: Buying BTC in Europe?
Post by: Shark17 on July 14, 2011, 06:36:57 PM
tradehill.com  or user`s  in a coffeeshop


Title: Re: Buying BTC in Europe?
Post by: Cyclone on July 14, 2011, 06:46:01 PM
What's the point of purchasing bitcoins? Most places that accept bitcoins as payment also seem to accept standard currencies as well.


Title: Re: Buying BTC in Europe?
Post by: nmat on July 14, 2011, 06:48:55 PM
What's the point of purchasing bitcoins? Most places that accept bitcoins as payment also seem to accept standard currencies as well.

Now tell me, what are you doing here if you don't know the advantages of bitcoins?


Title: Re: Buying BTC in Europe?
Post by: Cyclone on July 14, 2011, 07:57:30 PM
I understand some advantages, but given the value fluctuation wouldn't investing actual cash be kinda risky? Unless you bought bitcoins for insanely cheap of course, then it'd just be like the stock market and you could return a decent profit


Title: Re: Buying BTC in Europe?
Post by: spruce on July 14, 2011, 08:04:10 PM

What are fast and reliable ways to buy BTC as a Euroepan?

britcoin.co.uk in the UK (GBP)

intersango.com in EU (euros)


Title: Re: Buying BTC in Europe?
Post by: saqwe on July 14, 2011, 10:12:27 PM
Bitcoin7 :D


Title: Re: Buying BTC in Europe?
Post by: saladman100 on July 14, 2011, 11:11:26 PM
bitmarket.eu is great plus they charge no fee!


Title: Re: Buying BTC in Europe?
Post by: nmat on July 14, 2011, 11:31:57 PM
I understand some advantages, but given the value fluctuation wouldn't investing actual cash be kinda risky? Unless you bought bitcoins for insanely cheap of course, then it'd just be like the stock market and you could return a decent profit

When you mine for bitcoins you are also investing actual cash in electricity and perhaps hardware.
Last month a bitcoin was worth $30. If that price is reached again during august, you will double the amount invested right now. Some people may think that it is worth a shot. But yes, butcoins are a high risk investment right now.

But besides monetary value, he could use them to buy stuff online anonymously or to transfer money to a distant friend.

intersango.com in EU (euros)

Their orderbook shows very little activity... Do you usually trade there?


Title: Re: Buying BTC in Europe?
Post by: spruce on July 15, 2011, 07:36:53 AM

Their orderbook shows very little activity... Do you usually trade there?

I usually trade at Britcoin, Intersango's sister site, which has a far larger orderbook — although nowhere near Mt Gox's. Intersango is a very recent exchange. Give it time. . . .


Title: Re: Buying BTC in Europe?
Post by: jim618 on July 15, 2011, 09:05:39 AM
I have used Britcoin several times in the past and can also recommend them.