selling bitcoin in uk

[azywzy]

Hello,
         i have around $15,000 bitcoin per month to sell and can get more. i am thinking of starting a service in uk to sell bitcoin online, accepting cash and bank transfers.

let me know which payment methods are populars in uk to do this kind of business. and what rate will b good to sell my bitcoin ?

regards

[prodigy8]

Hello,
         i have around $15,000 bitcoin per month to sell and can get more. i am thinking of starting a service in uk to sell bitcoin online, accepting cash and bank transfers.

let me know which payment methods are populars in uk to do this kind of business. and what rate will b good to sell my bitcoin ?

regards

I think that most popular payment methods in UK are Credit Cards, Debit Cards, Paypal, Ukash and maybe Amazon.co.uk Gift Cards
About selling bitcoin i would consider minimum 5% higher that the normal price.
P.S Paying by Cheque is also in common in UK, check here more options https://www.quora.com/What-are-the-most-popular-online-payment-methods-in-the-UK

[prodigy8]

what are the payment methods that are less likely to reverse in uk . debit cards and Paypal are reversible.

Ukash is popular in UK but i can't find any information about if it is reversible or not.
Here is a website listing most popular payment methods and if they are reversible. https://en.bitcoin.it/wiki/Payment_methods
But the best way would be to receive in cash, or trying in localbitcoins.

[gentlemand]

Good luck keeping a bank account. They'll shut you down pretth rapidly. It's not a great country to do btc business in.

[dothebeats]

Just a tip, why not post a listing in localbitcoins? It's hard to do bitcoin business in the UK, especially regarding bank accounts. Just a heads up, I'm not that much familiar with all the regulations available in your area.

[s1lverbox]

I can buy from you coins easily up to 15-20k a week by cash.

So that means u will have bank(stress) free life.

Click my signature and will be moved to localbitcoins.

Im based in london

[bitart]

I won't accept PayPal as a payment method, you can be scammed really quickly. It's reversible as mentioned and PayPay doesn't like bitcoin so they will surely decide against you in most cases.
I'm not 100% sure that debit card transactions are reversible (on POS, but might be on web transactions), but credit card transactions are surely as dangerous for you as PayPal.
If you accept bank transfer, tax authority will ask you a bit later about the income possibly.
How do you plan to accept cash online?

[azywzy]

I can buy from you coins easily up to 15-20k a week by cash.

So that means u will have bank(stress) free life.

Click my signature and will be moved to localbitcoins.

Im based in london

i don't have 15k-20k bitcoin, i get it on daily basis from my sources and sell online. i am planning to sell on 10-12% margin to people who need it badly.

[s1lverbox]

I can buy from you coins easily up to 15-20k a week by cash.

So that means u will have bank(stress) free life.

Click my signature and will be moved to localbitcoins.

Im based in london

i don't have 15k-20k bitcoin, i get it on daily basis from my sources and sell online. i am planning to sell on 10-12% margin to people who need it badly.

Uk is difficult market due to banks and scammers. but good luck

[twicezeroiszero]

Sounds like another troll post as usual from a newbie. Do you have any proof you got some coins at all m8 ?

[RussiaCoinDotInfo]

I can buy from you coins easily up to 15-20k a week by cash.

So that means u will have bank(stress) free life.

Click my signature and will be moved to localbitcoins.

Im based in london

i don't have 15k-20k bitcoin, i get it on daily basis from my sources and sell online. i am planning to sell on 10-12% margin to people who need it badly.

You were doing really good right up until you said "people who need it badly..." then it just looked like another scam.

Sounds like another troll post as usual from a newbie. Do you have any proof you got some coins at all m8 ?

As Mr Zero asked (and let's face it, twicezeroiszero ... ) Can you sign your BTC as proof you control them? (your user name, today's date, some glib text...)

[Feboprimo]

Hello,
         i have around $15,000 bitcoin per month to sell and can get more. i am thinking of starting a service in uk to sell bitcoin online, accepting cash and bank transfers.

let me know which payment methods are populars in uk to do this kind of business. and what rate will b good to sell my bitcoin ?

regards

Hello azywzy:

I sent you a PM

[twicezeroiszero]

The Op is clearly talking out of his ass I bet he just pulls some address on the blockchain and then ask you to go first on the transaction 

[azywzy]

as i said earlier i don't have 10 or 15k bitcoin once, i make daily basis .

here is proof for all those who thinking its a fake post.


this old btc address i was using before

https://blockchain.info/address/1KF4VaX7dBXBxjiikW6rLZi4VZoCHuP7XF

=============

this is my new btc address

https://blockchain.info/address/1BrysuL34jATK7p8Cm7QqrgNfJw7A3JdJk

============


i am planning to develop my own website and start selling to verified clients only for personal use. i know there many innocent people need bitcoin and can pay good to me.


Here images:

http://postimg.org/image/a07ds7plf/
http://postimg.org/image/ompi7vlhl/
http://postimg.org/image/vnsvvwcz3/


regards

[azywzy]

there is limitation to accept payment through western union as i guess i can only receive 2 payments on my name per month here in my area.

PayPal and debit card is mess.

Perfect money is ok but people can't get pm easily.

i am looking forward to see if i can get some banking or card services in uk then people can pay me via postal service in uk using cash.


just looking for easy and secure ways to accept payments.


how about adding https://www.jumio.com on my website to verify client identifications..

[Quickseller]

as i said earlier i don't have 10 or 15k bitcoin once, i make daily basis .

here is proof for all those who thinking its a fake post.


this old btc address i was using before

https://blockchain.info/address/1KF4VaX7dBXBxjiikW6rLZi4VZoCHuP7XF

=============

this is my new btc address

https://blockchain.info/address/1BrysuL34jATK7p8Cm7QqrgNfJw7A3JdJk

============

LOL. This doesn't prove anything, even if this somehow proved that you control either of these addresses, which you have not. The most that wallet has ever controlled is ~15 BTC, and that was only for a short period, most of the time, that wallet has well under 3 BTC.

If you want potential buyers to take you seriously, then I would suggest that you sign a message from an address that contains at least $10k worth of BTC

[twicezeroiszero]

i am planning to develop my own website and start selling to verified clients only for personal use. i know there many innocent people need bitcoin and can pay good to me.

I dunno about you but that last line sounds well dodgy !

[cashtraderuk]

i don't have 15k-20k bitcoin, i get it on daily basis from my sources and sell online. i am planning to sell on 10-12% margin to people who need it badly.

If they need it that badly they are either addicted or dodgy

[bitart]

And what about building a network of people?
You need max. 2-3 person per area and you can send the bitcoin to them and they'll do the harder part of the job for a little BTC.
In this case you only need to make them (your seller and the buyers) meet and they will arrange the rest.
If you won't pay too much for your salesmen, they won't get too rich and won't take your business.
If the salesmen don't have the necessary income in BTC, like you have, they only can do business with your funds.
Of course, to start a kind of network is not easy, you have to recruit people with care. It would be wise to set them maximum trade levels and ask them to hand over some collateral to an escrow to be on the safe side.

[Amph]

And what about building a network of people?
You need max. 2-3 person per area and you can send the bitcoin to them and they'll do the harder part of the job for a little BTC.
In this case you only need to make them (your seller and the buyers) meet and they will arrange the rest.
If you won't pay too much for your salesmen, they won't get too rich and won't take your business.
If the salesmen don't have the necessary income in BTC, like you have, they only can do business with your funds.
Of course, to start a kind of network is not easy, you have to recruit people with care. It would be wise to set them maximum trade levels and ask them to hand over some collateral to an escrow to be on the safe side.

well bitcoin is about lower cost, if you start paying someone else, just for simple thing like that, all the big advantage will be destroyed

i would try to simply sell to exchange and declare my income to the tax man , there should be any problem if done in this way