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1  Other / Beginners & Help / Re: Newbie question re UK bank transfers on: November 26, 2020, 04:17:59 PM
Well I suppose I'll have to register for online banking though have never used it before. Registering should be easy enough but actually using it in relation to buying btc on an exchange, I've still no idea how that actually works.

It finally occurred to me last night to do a search on bitcoin courses for complete beginners and found a couple of interesting looking ones that claim to cover the areas that I need help and advice with i.e. buying and safely storing bitcoin.

Does anyone know of any specific bitcoin beginner courses that they'd recommend? 
2  Other / Beginners & Help / Re: Newbie question re UK bank transfers on: November 25, 2020, 04:08:58 PM
Thanks for reply but I still haven't got a clue about how funds get from buyer to seller via the exchange.  Bear in mind I'm completely new to this. I don't know about Europe or Us and 3 day waits etc, with Paypal for example I can transfer dollar funds from Paypal account to bank account more or less instantly with currency conversion immediate and free however there's no way I'm using Paypal in any capacity relating to bitcoin, not yet anyway.

Do you mean that because I'm not registered for online banking there's a delay or some other problem?
3  Other / Beginners & Help / Newbie question re UK bank transfers on: November 25, 2020, 02:53:44 PM
Hi all, I'm thinking of creating an account and registering with hodlhodl.com but want to hold off on doing that for just a little while longer till I have a clearer picture in my head about how all this works re using an exchange. Hodlhodl seems like a good pick for me because it's non kyc and that suits me for a number of reasons not just the privacy angle. Also it gets good reviews on the review sites and apparently has never been hacked since it started in 2016.

My question relates to bank transfers. I have a UK current account,  which I think is broadly similar to a US checking account, which I intend to use for funds to buy bitcoin and if/when the time comes to sell bitcoin and deposit fiat funds into it from sale of the bitcoin. I don't do online banking, funds are simply deposited into it from various sources then I withdraw cash from ATM or bank branch when I need to.

When you click on Payment Method on hodlhodl the drop down list appears and the one option I could use is International Wire Transfer (SWIFT) as SEPA transfers relate to Euros only and UK uses GBP. 

Could someone, if possible someone who uses or has used hodlhodl, explain to me in simple step by step terms exactly how if I'm buying bitcoin on there how the funds get form my fiat uk bank account then via the exchange into the sellers bank account?

Like I said I haven't even registered with them yet so don't know if when you select the SWIFT option you're asked to provide the bank name account number and sort code but if not exactly how do the funds get from buyer to seller?

I have of course contacted hodlhodl support about this and while the reply was quite prompt it didn't address this specific question.

Any help/advice gratefully appreciated. 
4  Other / Beginners & Help / Re: Best non kyc exchange to use and how it fits with trezor on: October 23, 2020, 02:59:32 PM
Thanks.

"You can still arrange bank transfers either via the phone (if you have that set up), or in person by walking in to your bank."

If I can just physically go to the bank and deposit cash (or withdraw from paypal on to the account) to then use to buy bitcoin on an exchange like localcryptos or whatever then that's more or less what I was looking for, though I still haven't got hardly a clue as to how exactly to do that, the buying bitcoin part I mean. I still have to somehow start to get familiarised with using the interface on whichever exchange I decide to use. I think hodlhodl has a feature called tresnet which allows you to play around buying and selling pretend bitcoin which is  good idea for someone in my position. Maybe you have to register with them first I'm not sure.

Thanks again for all help and advice.
5  Other / Beginners & Help / Re: Best non kyc exchange to use and how it fits with trezor on: October 22, 2020, 03:28:19 PM
I'm only interested in non kyc because I don't need or want a smartphone or scanner either of which I'd need to transfer pics of ID docs online. Don't even have a digicam anymore as I've no longer any use for one.  

I quite like the look of the localcryptos site linked to by someone earlier. Looks like paypal is unfortunately out as an option for me and on localcryptos and others it mentions bank transfer as a payment option. (Among other things I've never even heard of.) Previously I've only ever used paypal to send or receive payments (all unrelated to btc) and a credit card to pay for stuff online. By "bank transfer" are they talking about online banking? I've never considered online banking to be safe enough so am not keen on it.  I'd just withdraw funds from paypal to bank account then withdraw at the ATM.

I'd really rather not set up online banking and also avoid the hassle involved in setting it up.  Am I going to be able to buy and later potentially sell bitcoin without online banking? If not is there some other practical way?



6  Other / Beginners & Help / Re: Best non kyc exchange to use and how it fits with trezor on: October 22, 2020, 02:51:09 PM
Ok thanks a lot quite a lot to take in there but at least now I know that using paypal most likely wouldn't be the best option for me.
7  Other / Beginners & Help / Best non kyc exchange to use and how it fits with trezor on: October 21, 2020, 02:00:22 PM
Recently on here someone  kindly linked me to a page listing non kyc exhanges.

 These included bisq network,  hodlhodl   and localcoinexchange. I mention these 3 b/c they look to me like the ones where I might have the best chance of figuring out how to use these exchanges to buy and maybe later to sell bitcoin. I own no btc at all at the mo.

 Could someone who uses or has used one of these exchanges suggest to me which might be best for me to go with? I'm in uk and would probably prefer to use paypal but I of course have no idea if that's the best safest and quickest way.

Also how does using a trezor device fit in with using an exchange like one of the above.

As is probably obvious I'm clueless about how to get started buying and cold storing btc and am finding the whole thing quite confusing and bewildering. Any help and advice gratefully appreciated.
8  Other / Beginners & Help / ID for buying bitcoin on: June 08, 2020, 01:40:28 PM
Hi I'm completely new to this and have been looking into cold storage hardware and how to buy btc. It seems that exchanges like Coinbase are where a beginner like me would buy a small amount to start with

Just been looking at a couple of instructional vids today on buying and it seems, you need to upload various forms of ID to the exchange and also link your mobile phone to it. I don't have or want a smartphone or printer or scanner, my mobile is just a little 2g payg thing which doesn't connect online but I suppose it would be ok to link that but apparently they're also looking for other forms of ID like utility bills which would have to be scanned and I can't do that. I have a face pic (not straight to camera but quite clear) uploaded to folder a while back so could use that but have no means of scanning anything or otherwise transferring images online.

Bearing all that in mind could someone tell me about the current ID requirements for buying bitcoin on exchanges?
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