Bitcoin Forum

Would like bank transfer only.

2000EUR?

The value of my btc is only £114 I think 2000 Euro is a bit much lol

If the value of your BTC is that much, then change the amount and laugh afterwards.
Of course if you know how much you have... ::)

Jaja! Good one! But OP im willing to pay 114gbp for it, dont get me wrong... :D
Although I also made a mistake. I meant 1250EUR.

Sorry I don’t understand? Local bitcoins? I have £114 in btc that I would like to sell..Coinbase is asking me to pay them to connect my bank...I’d prefer to sell them here, or anywhere to be fair..I’ve got a list of retailers who accept it so if I can’t sell them for gbp I’ll jjst spend it 👍 cheers

Where are you located mate?

https://s8.postimg.cc/707v5vjt1/Capture.png

Do you need help? or are you holding another cryptocurrency in CoinBase lol.

So you want 114GBP for .229btc, ia that correct? Or is it .0229btc for 114gbp?

Yes sorry I missed out the .0...the value is £114..cheers

Ok. Im game. Lets do it.

I’ve not sold btc on anything other than exchanges so how do we do this?

i can buy this for £100 transfer to any bank in uk. pm me to get my number. we can talk on phone to discuss this

scammer do not deal with him

Sent you a PM.

Be very careful selling bitcoin online. I would tell you to split it up, and use localbitcoins.com or Craigslist local and do a face to face transaction.

But the better question is why are you selling it so low? What happened to hodling?

Good luck to you.

Sorry mate I don’t deal with scammers

Is there a reason why you're not just using an exchange again? It's much less risk.

I was using hit btc and they don’t allow withdrawal to a bank account - I had to send back to Coinbase and then transfer to my bank account however Coinbase require a fee to setup the bank account..that’s the only reason lol

Try kraken.com ? I've used them for euro SEPA transactions, and only paid 0.09 EUR fee per transaction. I can't check if they offer GBP withdrawals though, as my internet provider seems to have routing problems at the moment.

Why don't you just use localbitcoins.com? It's safe and people use it everyday to buy and sell Bitcoin.

I use it to sell Bitcoin when I want some cash in my bank account.

dude wants to scam somebody

To avoid misleading a people, please edit your topic header, now we see an unnecessary discussion..

According to https://support.kraken.com/hc/en-us/articles/360000382363-Fiat-currencies-available-on-Kraken (https://support.kraken.com/hc/en-us/articles/360000382363-Fiat-currencies-available-on-Kraken), Kraken only offers 4 fiats currencies to withdraw to (EUR, USD, JPY and CAD).

But what about cex.io (https://cex.io/) ? They offer GBP withdrawals and are probably more reliable than a random person without a trust rating here.

All the exchanges that do have GBP go via a European bank and you get hit for international wire fees and withdrawal fees that make it not worthwhile for £114. LocalBitcoins is the best option when dealing in small amounts as you can use a free Faster Payments transfer. If the OP doesn't want to use that then there is a fair chance it is to avoid the escrow  ::)
CoinBase is introducing GBP via Faster Payments but it has only been enabled on a few accounts so far.

I have received the 0.02 from Adam. Just waiting for him to confirm bank details.

Hi Ferall- yes my name is Adam Jack. I was unable to rely to your message as I have a limit on my inbox.

Thanks again

On cex.io the withdrawal fees for GBP are at 1% (https://cex.io/fee-schedule#/tab/payments (https://cex.io/fee-schedule#/tab/payments)) which is fine, i'd say. Thats 1,14 £.
There are definitely exchanges with a lower fee (e.g. kraken with just a few cents in €) but for occasional purchases this is quite ok.

IMO using an exchange is safer (and sometimes also cheaper) than using localbitcoins.

check your email

That's for buying not selling. https://cex.io/limits-commissions#/direction/withdrawal/currency/GBP
Bank transfer is 1% with minimum fee £50 and minimum transfer £1,000

Although the Visa and Mastercard options might be worthwhile looking into.


Not sure but.... https://support.kraken.com/hc/en-us/articles/360000411106


I've been using LocalBitcoin since 2013 and never had an issue. I've always been looking for other alternatives but the fees have always made it not worthwhile.


Edit:
Quick comparison. £100 buys 0.0182 @ CEX.IO with Mastercard or Visa and 0.0192 at LocalBitcoin with Faster Payment.

Payment made

Helps if you know your sort code mate lol .

You were right. That definitely should not be an option.
I somehow missed the 'not less than £ 50'-clause.




This does only apply to people using their bank in japan to fund their account (https://support.kraken.com/hc/en-us/articles/360000427883 (https://support.kraken.com/hc/en-us/articles/360000427883)).
But not from outside of japan.

But nonetheless, kraken does not offer GBP withdrawals unfortunately. EUR wire withdrawals are available for a fee of 0.09 €.

Ah, I missed that bit about Japan.

It's always been a problem in the UK that the exchanges can't get a local bank account because of the regulators clamping down on the banks. It'll be interesting to see how it goes with Coinbase as they roll it out. I usually have a look around every few months for new options but I've always ended up going back to LocalBitcoins because it is the best deal for any trade in the few hundred pounds range.

have 170 EUR paypal and 100 USD

accept btc or ETH or BCH or Dash coins

accept trade via escrow or small amounts trade each time

thanks