|
Title: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: Knocks on January 11, 2014, 02:30:42 AM Hello my fellow Bitcoin nerds.
I have a problem, I'm still slightly troubled on where to cash out. I made a thread on here requesting UK Bank Transfer only and recieved 3-4 PM's from people with broken English which were obviously not from the UK and trying to scam me...... I don't really want to have to set up a LocalBitcoin selling account just to sell 1 BTC here 1 BTC there.... hassle!?! I wouldn't mind purchasing bullion if the site was reputable and in the UK! I dream of a site like CoinBase but like the UK.. So... where should I go if I don't want to be scammed and recieve funds in my bank account! Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: gentlemand on January 11, 2014, 02:37:26 AM The UK is a shocking backwater compared to most places for Bitcoin exchange.
Bitstamp will be pretty rapid but the money goes through two currency changes, albeit with a good exchange rate at their end. Bittylicious is keen for sellers and it seems to be less hassle than localbitcoins overall. I think we may be in for a fairly lengthy wait for something that just works. Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: bennybong on January 11, 2014, 02:38:18 AM localbitcoins always works a charm for me. Never had any problems. Funds deposited straight to your bank account.
Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: retrend on January 11, 2014, 02:39:34 AM localbitcoins tends to have lovely UK prices, sucks to buy but great for cashing out. There's normally a reputable buyer on no matter what time of day.
Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: Knocks on January 11, 2014, 02:46:12 AM I'll have to take a look at the buyers on LocalBitcoins, I'll probably go with someone with good feedback.
Is there any fee's I have to pay to sell? I'd rather split it down to 100 quid transactions since UK-BT is free a nd instant! Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: franky1 on January 11, 2014, 04:17:34 AM seems us brits dont know about these two:
bitbargain.co.uk ibwt.co.uk Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: jonanon on January 11, 2014, 11:32:14 AM I'd say find a trusted member on this forum and trade with them - just beware of the incredible number of scammers out there!
Title: Re: UK PEOPLE! WHERE DO YOU CASH OUT / PURCHASE FROM! Post by: Knocks on January 11, 2014, 06:30:39 PM I ended up using LocalBitcoins, I didn't know it was so easy!
I used 2-3 sellers instead of going balls to the wall with one and got all 3 payments! |