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Author Topic: Tesco UK GBP £100 gift card for Gox +7%  (Read 651 times)
jago25_98 (OP)
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August 29, 2012, 11:46:43 AM
 #1

Mt.Gox GBP spot rate + 7% @ time of transfer for ~6 confirmations.

Postage has to be recorded to a UK address.
Special delivery is currently £5.90.
2nd class recorded is currently £1.45 but you only have £46 insurance with that.

i.e. today £100 = £107 for the fee, £112.90 for the insured postage x 7.1011 Gox rate =  15.7722043064 BTC

Also, I reserve the right to withdraw the offer and reverse in the event of wild rate swings >30%

Tesco sell all sorts of things and everyone's got to eat so I hope this is a helpful cashout option now for UK people, especially with Intersango in flux & ID requirements and charges from Gox.

 -j

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August 29, 2012, 12:02:07 PM
 #2

Mt.Gox GBP spot rate + 7% @ time of transfer for ~6 confirmations.

Postage has to be recorded to a UK address.
Special delivery is currently £5.90.
2nd class recorded is currently £1.45 but you only have £46 insurance with that.

i.e. today £100 = £107 for the fee, £112.90 for the insured postage x 7.1011 Gox rate =  15.7722043064 BTC

Also, I reserve the right to withdraw the offer and reverse in the event of wild rate swings >30%

Tesco sell all sorts of things and everyone's got to eat so I hope this is a helpful cashout option now for UK people, especially with Intersango in flux & ID requirements and charges from Gox.

 -j

I'd be interested, I'd love to do my weekly shop with my BTC, but 7% (well, 8-12% with shipping) is a bit high when soon I can just pay with my bitinstant mastercard for less...
jago25_98 (OP)
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August 29, 2012, 12:28:40 PM
 #3

The feedback is good. I think it's a fair point. 7% isn't ideal but I think it could be reliable and the best option we have right now?

 I'm skeptical of the Bitinstant card. Will it come to pass and will it remain available?
 I had held out for the ArumXchange card that was similar and it ended up getting closed before I had a chance to even test it. I ended up ~£30 down on that anyway.

 I figured I don't think I'd want the risk for much less unless I was doing it in a charitable way to help people out.

Bitcoiner since the early days. Crypto YouTube Channel: Trading Nomads | Analyst | News Reporter | Bitcoin Hodler | Support Freedom of Speech!
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