Bitcoin Forum

Hi

I haven't posted here before but I regularly view the forum as a guest but I need to ask a question..

I need to exchange a med-large amount of Bitcoin monthly for cash, I did have a look on LocalBitcoin but that site is so unreliable at the moment I don't trust it.

Is there a site where you can arrange to do a cash trade? (London)

Also, on to my next question... I am a little worried about counterfeit notes when doing cash trades so can anyone recommend me some tools that I can take with me to check the notes before sending the bitcoin? I was thinking a portable UV light and a money pen? I am not really sure.

thx in advance for replies, also sorry for the blunt post as I already typed a similar post but I got the 360 second thing.

Local bitcoins should be fine and I'm sure there's plenty of people willing to buy and sell in London. You can also try set up trades on the forum here. Just check over at the Currency Exchange subforum.  You can buy cheap counterfeit detecting tools like small UV lights and pens on eBay, but simply looking at the note and holding it up to the light should be fine.

You've also got bitbargain.co.uk which I assume you can arrange cash trades through as well.

Both bitbargain and localbitcoins are great.

I've used localbitcoin in the past, their website is really good and has a perfect escrow system. They also provide a decent escrow for person to person purchases.

you could also try bittylicious -

https://bittylicious.com/

Bittylicious is great, but not so much if you're wanting cash in hand and to not leave a papertrail etc. Depends what the op wants. If you want cash only I'd go with Localbitcoins or try arrange a local trade on here, but if you're ok with money transfers you could go with bitty or also arrange something on here.

I'm not concerned about a paper trail, it's just when doing it online via Bank Transfer I worry about my business account being closed down and if it does then it would be a tough situation as I have bills to pay!

I would prefer to exchange my bitcoin each month all at once  then just hand deposit it into the bank (this also makes it much easier to do my accounting for my tax as I won't have to go though 100's of different transactions!

Why not use a personal account instead? You could also use other options like money transfer services. People use Ukash and stuff on the forum here, but you should be fine with Localbitcoins if you can find a trusted buyer.

hi there how many btc a month are you talking about i live in watford and would be able to do cash for btc and happy to check for 100% security.

I'll pass, your Whois information looks false. If you was a legitimate business then you have nothing to hide, what are you hiding bud?

We support the idea of anonymity with things related to Bitcoin hence our randomized who.is info.
Should you choose us, I look forward to helping you cash out.

Remember to be careful as there are lots of scams to look out for!

Happy Coining!

When my money is at stake I like to know who I am dealing with, sorry.

Look het www.bitcoba.com, We do cashouts privately and in a secure environment. The only thing is that our headquaters is in Amsterdam.

What volume of btc a month are we talking about? and what rates?

cryptopay.me might be what you need if fiat bank transfer is ok for you

Nothing wrong with localbitcoin, been using for over a year without a single problem. You can start a trade for cash on there also, check online for tools to check counterfeit notes, if you say on the info when selling you will check them before you send bitcoin its highly unlikely they would try the deal with fake notes anyway.