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Author Topic: Buying bitcoins in the UK  (Read 3206 times)
rjclarke2000 (OP)
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November 12, 2015, 09:13:15 PM
 #1

Just wondering where all the bitcointalk UK members buy their bitcoins?

Sorry if this is has been asked numerous times already.

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November 12, 2015, 10:44:41 PM
 #2

Localbitcoins is always a solid option specially in UK where you shouldn't have problems finding a legit amount of good dealers. If you don't care about privacy, then any of the exchanges on the Eurozone will do.
Victor Beckham
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November 12, 2015, 10:52:15 PM
 #3

Localbitcoins is always a solid option specially in UK where you shouldn't have problems finding a legit amount of good dealers. If you don't care about privacy, then any of the exchanges on the Eurozone will do.

LocalBitcoins.com is a solid platform. I'd also add www.100bit.co.in, which is a similar platform, but cheaper. Any exchange on the Eurozone might not work for UK. Pound is still the currency on UK. It has not shifted to Euro.

Possum577
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November 12, 2015, 11:20:54 PM
 #4

Xapo.com might be an option,  but they're based out of Switzerland I think.

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November 13, 2015, 12:59:47 AM
 #5

bitbargain.co.uk is a very good site

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November 13, 2015, 01:07:09 AM
 #6

BittyBargain?
FrostStick
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November 13, 2015, 01:10:18 AM
 #7

Pretty sure Xapo and Localbitcoins are the 2 best options for buying in UK. My British friend has used them a few times each with no problems.
polychenko
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November 13, 2015, 01:13:29 AM
 #8

Uphold.com - no fees
gentlemand
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November 13, 2015, 03:05:35 AM
 #9

I haven't bought Bitcoins for a good while but my main source was Bittylicious. That's a great service and near instant but you gotta watch the premiums. Sometimes they've been on a par with exchanges, other times they've totally detached from reality. Each price you're offered is from an individual seller.

Localbitcoins sellers seem to have become quite insanely anal about ID but I guess that's understandable.

Bittybot.co.uk lists all the prices and major sellers. Looks like you can buy from Coinbase with a card but I assume the limits are pretty low.

One thing to bear in mind is that Fidor bank has arrived in the UK and it seems like Bitcoin businesses will be able to maintain accounts with them. Hopefully soon we might have 'real' exchanges rather than secondary buying services or waiting for wires to land abroad.
rjclarke2000 (OP)
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November 13, 2015, 06:29:18 AM
 #10

I am going to look into these. Thanks
Bitcoin Marketing
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November 13, 2015, 07:16:20 AM
 #11

Tried coinfloor once, got god price and "ok" service

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November 13, 2015, 07:18:24 AM
 #12

Kraken is also a major exchange handling XBT/GBP trading pairs.

They accept SEPA transfers and are quite cheap to withdraw from. Definately give it a try.
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November 13, 2015, 08:10:11 AM
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Kraken is also a major exchange handling XBT/GBP trading pairs.

They accept SEPA transfers and are quite cheap to withdraw from. Definately give it a try.

Do you have any idea whether Kraken is cheaper/more expensive than localbitcoins?

I just checked bitbargain and all of the listings are largely overpriced. Localbitcoins would be a much better deal.
n3rvi0zz0
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November 13, 2015, 08:15:42 AM
 #14

have many options and all are more or less the same.

Bitbargain.co.uk and Localbitcoins are Old school both have really good reputation this are my best options, today you must to verify your Id in most of the companies, so the only diference between them is in coinbase and kraken you can Trade with them.


Another opcion is Cex is the oldest exchange if you dont count Mtgox

https://bizzilion.com/?ref=n3rvi0zz0

Earn up to 1.5% daily investing in the best platform of internet
Slark
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November 14, 2015, 04:10:10 AM
 #15

Uphold.com - no fees


And they promotional slogan is - 'Your Money. Secure In the Cloud.' -  I stopped reading there. If they seriously think that I believe that my money will be secure in their online cloud they are mistaken.
It will be fine until first serious hacking attempt, then things will go dirty.
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November 14, 2015, 09:19:18 AM
 #16

There are several UK based exchanges, like https://coinfloor.co.uk/ for example.

Check out the following site to find more: http://howtobuybitcoins.info/#!/GBP


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November 14, 2015, 05:26:33 PM
 #17

I use bittylicious on quite a few occasions.
However, if buying larger quantities I stick to localbitcoins as they have a better rate.
Both have been great although never had an issue with the former.
cptdome1
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November 14, 2015, 05:51:23 PM
 #18

Does circle.com work outside the us?  The have limits to start ($300/week),  but have been very good so far.  I'm not sure if you can use them outside the US but it's worth taking a look.
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November 14, 2015, 05:55:24 PM
 #19

btc-e and kraken

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gentlemand
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November 14, 2015, 06:28:34 PM
 #20


Do you have any idea whether Kraken is cheaper/more expensive than localbitcoins?

I just checked bitbargain and all of the listings are largely overpriced. Localbitcoins would be a much better deal.

It's an exchange so it'll be cheaper. I'm sure quite a few localbitcoins traders just buy on there, stick a premium on top and make the sale. Exchanges will almost always be cheaper because they're a lot of hassle for casual buyers to get on.


Does circle.com work outside the us?  The have limits to start ($300/week),  but have been very good so far.  I'm not sure if you can use them outside the US but it's worth taking a look.

I think they've clamped down on that type of thing now. It was fine for international buyers once upon a time but more and more seem to be rejected. Worth a try all the same.
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