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Author Topic: Best way / Best people to use - to withdraw bitcoins in UK  (Read 1272 times)
rowl3y (OP)
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April 10, 2015, 07:44:21 PM
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Hi all, Im very new to the bitcoin mining system .. At the moment I'm using blockchain as my wallet .

How do I this to my bank ?

What the best way with out getting scammed ..

Thanks very much
Amph
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April 10, 2015, 07:56:00 PM
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you mean to converting them in fiat?

you can use localbitcoin, or any exchange like bitstamp, bitfinex, btc-e or kraken(this don't require verification)
rowl3y (OP)
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April 10, 2015, 07:59:47 PM
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Yes this is what I mean .. Or does anything send them to paypal ?
gentlemand
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April 10, 2015, 08:19:35 PM
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Yes this is what I mean .. Or does anything send them to paypal ?

No. And never, ever sell bitcoins for Paypal to anyone else either. They can do a chargeback.

If you're in the UK there aren't very many selling options. You can sell direct via localbitcoins, but again there's some scam risks. You could also look into bittylicious.com which links you to other buyers.

The most painless way would be via an exchange. There are a couple of UK exchanges but you'd be better off going with a European one like Bitstamp or Kraken as they have the volume and they're pretty slick.

Stick your coins on there, sell them and then get them to do a bank transfer back to you.
Amph
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April 10, 2015, 08:27:15 PM
 #5

Yes this is what I mean .. Or does anything send them to paypal ?

don't use paypal, use circle instead, which is kinda like paypal but there is no chargeback

it's very easy and fast to use, you load your money and transfer them to evryone in the world by deciding the currency(your country currency or bitcoin), and circle will do an automatic conversion
gentlemand
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April 10, 2015, 08:30:12 PM
 #6

Yes this is what I mean .. Or does anything send them to paypal ?

don't use paypal, use circle instead, which is kinda like paypal but there is no chargeback

it's very easy and fast to use, you load your money and transfer them to evryone in the world by deciding the currency(your country currency or bitcoin), and circle will do an automatic conversion

He's stuck in the stone age UK. I'm not so sure circle can be used here any more. You buy from it for a little while when it launched but I think they closed that loophole. I might be wrong though. It would be wonderful if it did work outside the US.
Jimmy Wales
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April 10, 2015, 10:23:15 PM
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Hi all, Im very new to the bitcoin mining system .. At the moment I'm using blockchain as my wallet .

How do I this to my bank ?

What the best way with out getting scammed ..

Thanks very much

Your Q appears to me as a bit incoherent. Bitcoin mining has nothing to do with using bank !!!

If you want to trade, i.e. buy/sell in UK, try www.LocalBitcoins.com or www.100bit.co.in
dasource
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April 10, 2015, 11:18:03 PM
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There are a number of places you can do that .... Check out bittybot.co.uk and or http://www.wheretospendbitcoins.co.uk/how-to-buy-bitcoins-in-the-uk.

^ I am with STUPID!
Amph
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April 11, 2015, 07:19:51 AM
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Yes this is what I mean .. Or does anything send them to paypal ?

don't use paypal, use circle instead, which is kinda like paypal but there is no chargeback

it's very easy and fast to use, you load your money and transfer them to evryone in the world by deciding the currency(your country currency or bitcoin), and circle will do an automatic conversion

He's stuck in the stone age UK. I'm not so sure circle can be used here any more. You buy from it for a little while when it launched but I think they closed that loophole. I might be wrong though. It would be wonderful if it did work outside the US.

it appears among the countries that you may choose when registering, but the system right now don't accept adding a credit/debit card for many country, he can try with a bank account, probably that will work, but i'm not sure
goldkey0070
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April 12, 2015, 05:10:59 PM
 #10

Hi all, Im very new to the bitcoin mining system .. At the moment I'm using blockchain as my wallet .

How do I this to my bank ?

What the best way with out getting scammed ..

Thanks very much
  paypal now accepts bitcoin you can change into fiat there with them   also you can buy gold with it in certain sites
goldkey0070
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April 12, 2015, 05:12:11 PM
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Yes this is what I mean .. Or does anything send them to paypal ?

don't use paypal, use circle instead, which is kinda like paypal but there is no chargeback

it's very easy and fast to use, you load your money and transfer them to evryone in the world by deciding the currency(your country currency or bitcoin), and circle will do an automatic conversion

He's stuck in the stone age UK. I'm not so sure circle can be used here any more. You buy from it for a little while when it launched but I think they closed that loophole. I might be wrong though. It would be wonderful if it did work outside the US.
    paypal accept bitcoin now  this month  look it up
gentlemand
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April 12, 2015, 06:01:32 PM
 #12

Hi all, Im very new to the bitcoin mining system .. At the moment I'm using blockchain as my wallet .

How do I this to my bank ?

What the best way with out getting scammed ..

Thanks very much
  paypal now accepts bitcoin you can change into fiat there with them   also you can buy gold with it in certain sites

I think that's a merchant only option so far. If you could just slip in and out and convert we would've heard about pretty rapidly. It's likely the day will come though.
poordeveloper
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April 12, 2015, 06:56:29 PM
 #13

I've used Kraken in the past, and they worked fine for me.
I'd use them again.

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poordeveloper
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April 12, 2015, 07:52:24 PM
 #14

Maybe you can use localbitcoins is good for sell or buy bitcoin with local bank.
Or using any Exchanger like http://coinfloor.co.uk.

Localbitcoins is great - just make sure to review the other party's reputation before trading to avoid any problems Smiley

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goldkey0070
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April 12, 2015, 08:20:48 PM
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yea your best bet is loacbitcoin in your area its just safer
coinpr0n
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April 12, 2015, 08:27:11 PM
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There are numerous services especially in the UK. As others suggest try localbitcoins if you're in an urban area. Anyway, I would still suggest you set up an account at an exchange and perhaps have this connected to your bank account.

goldkey0070
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April 12, 2015, 08:29:53 PM
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the only thing about local bitcoins is they charge to much to buy from them,,,well in my area anyway
llanillo
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April 12, 2015, 08:41:24 PM
 #18

Hi all, Im very new to the bitcoin mining system .. At the moment I'm using blockchain as my wallet .

How do I this to my bank ?

What the best way with out getting scammed ..

Thanks very much

Like a lot of people said, use localbitcoins its pretty safe, its really fast, my advice is only trade with trustyworth users

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goldkey0070
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April 12, 2015, 08:51:24 PM
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is it really safe to do biz over the net instead of face to face
poordeveloper
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April 12, 2015, 09:03:58 PM
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is it really safe to do biz over the net instead of face to face
Only if you use completely trusted exchangers. Else you can get scammed.

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