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Title: How long does it take to register on UK exchange and start buying Bitcoin? Post by: Lone Wanderer on August 18, 2014, 11:05:04 PM When Bitcoin goes below $300 I want to be able to snap it up quickly how long does it take to register and confirm bank details etc. Can you purchase with debit card?
Title: Re: How long does it take to register on UK exchange and start buying Bitcoin? Post by: franky1 on August 18, 2014, 11:10:32 PM When Bitcoin goes below $300 I want to be able to snap it up quickly how long does it take to register and confirm bank details etc. Can you purchase with debit card? debit card?? lol it would be wire transfer which if a true UK exchange, would credit your balance near instantly because UK banks use 'faster payments'. the only delay is the ID verification, which should NOT be a requirement at the moment as bitcoin is currently considered a purchase of goods/service and not 'money transmission'. (this could change though hence mentioning as a possible delay) Title: Re: How long does it take to register on UK exchange and start buying Bitcoin? Post by: Lone Wanderer on August 18, 2014, 11:17:45 PM When Bitcoin goes below $300 I want to be able to snap it up quickly how long does it take to register and confirm bank details etc. Can you purchase with debit card? debit card?? lol it would be wire transfer which if a true UK exchange, would credit your balance near instantly because UK banks use 'faster payments'. the only delay is the ID verification, which should NOT be a requirement at the moment as bitcoin is currently considered a purchase of goods/service and not 'money transmission'. (this could change though hence mentioning as a possible delay) Do you know which UK exchanges don't require identification? I'll be gutted if I have to put in id and I miss this beautiful chance! |