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Author Topic: How do we buy bitcoin in the UK now they removed pingit and UKBT  (Read 5812 times)
4737carlin
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April 02, 2013, 01:29:25 PM
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So how is the uk meant to buy coin from blockchain now they only have sofort,we have no such thing in the uk and threre isnt even a uk option in choose your country I rely on pingit its my only way is there any info why this has happened?
please I really need to get more coin.
Thanks
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NABiT
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April 02, 2013, 01:45:24 PM
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Here are a couple of pingit options I picked from other threads

Bitcoin Fridge will be re-opening on April 6th and will take pingit - http://www.BitcoinFridge.co.uk

bitbargain.co.uk are a great fast service that are UK based using the "faster payment" service bank uses or barclays pingit. means there are no bank fee's.. but currently the sellers seem to be selling at a +£20 price per bitcoin


Here are few Buying Bitcoins in the UK threads.

https://bitcointalk.org/index.php?topic=160181

https://bitcointalk.org/index.php?topic=160181

https://bitcointalk.org/index.php?topic=162143

4737carlin
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April 02, 2013, 01:50:52 PM
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Yeah im a member of bit bargin and I stopped when they started charing 20 quid higher than gox,its got to be a mistake as we dont have sofirt in the uk and I even went through the motions and there isnt even a uk option,its got to be a mistake. I really need coin  Cry
Thank fir your reply my friend.
BIT4BRAIN
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April 02, 2013, 02:01:01 PM
 #4

mtgox in uk? how about the others?  will uk use more bitcoins?  uk btc demand?

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April 02, 2013, 02:07:29 PM
 #5

There are hundreds of people online selling bitcoin for paypal, liberty reserve and WMZ. Simple enough to check their credibility.

1JqKREkAPZFAVb3uns3xMh9yQiEeTVphg9

Does putting this here and asking for donations really work? Well i don't want to feel left out.
4737carlin
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April 02, 2013, 02:11:06 PM
 #6

No the only other site to accept pingit is bit bargin and like I say they want over £80 each plus I already have the money in my pingit wallet so I cant even do a UKBT,im kinda stuck without a pot to p*** in.
Stephen Gornick
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April 02, 2013, 04:17:46 PM
 #7

please I really need to get more coin.

UK banks don't like Bitcoin.

So leave the GBP behind -- using Transferwise, or Currencyfair to get EUR.  Here's another thread on it:

Your best bet is to use www.transferwise.com to convert and move GBP to MTGOX SEPA EUR account, and trade in EUR.

I've seen where Mt. Gox only accepts bank transfers if it comes from your own account (and not a commercial account like Transferwise).  Are you able to perform this SEPA transfer method from Transferwise to Mt. Gox and they take it?    With SEPA transfer to BITSTAMP I've not read about anyone claiming the same restriction.

Which exchanges allow me to transfer funds from my TransferWise account?
 - http://bitcoin.stackexchange.com/questions/8149


Gator-hex
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April 02, 2013, 05:11:06 PM
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mtgox in uk?

Barclays closed their account.

Barclays own Pingit.

They don't want no other virtual currency competing with theirs.  Wink

Kazu
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April 02, 2013, 05:18:05 PM
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Forgive me if I am being dumb, but why can't you just wire the money to MTGOX's Japan-Based bank even if their Barclays one was closed?  Huh

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April 02, 2013, 05:24:39 PM
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Forgive me if I am being dumb, but why can't you just wire the money to MTGOX's Japan-Based bank even if their Barclays one was closed?  Huh

You can do that, it's just slow and expen$ive.

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Kazu
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April 02, 2013, 05:27:53 PM
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Forgive me if I am being dumb, but why can't you just wire the money to MTGOX's Japan-Based bank even if their Barclays one was closed?  Huh

You can do that, it's just slow and expen$ive.
Since when was anything related to banksters not slow and expen$ive?

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fredtrader
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April 02, 2013, 05:30:32 PM
 #12

I had the same problem, the only alternative I have seen is buying and selling through this forum, but it requires you to move beyond newbie status first. I am wondering myself why established trading sites have such difficulty accepting UKBT.

centox10
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April 02, 2013, 06:13:27 PM
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bitbargain.co.uk is reliable buy HUGELY pricey. I'd love to be a seller on that board
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April 03, 2013, 10:41:59 PM
 #14

Made this guide: www.bitcoinUK.blogspot.com

So far the cheapest way that I found to buy btc from UK..

Hope it helps.

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April 03, 2013, 10:48:12 PM
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So I am not sure why, I have read and understand a fair amount of this but haven't traded as of yet in BTC. Looking into it, scouring forms and such I haven't come across the actual reason that there is no real GBP BTC Exchange, why is this directly, not just Barclays closed the possibility etc. Why? what happened? and why is it that no one has started one up to compete with BitBargains super high prices? Or have they and I am still in the shallow end of this?

bitcoinbot
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April 03, 2013, 10:57:37 PM
 #16

It's a joke it really is, I used to use blockchain until the stopped UKBT, I even registered for pingit and now they have stopped that as well.
Even the option above of transferring to Euros and then to USD is complicated. Why do we have to jump through hoops so much? There must be an easier way?
christoff522
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April 03, 2013, 11:19:04 PM
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Bitcoin Central accepts GBP. When its back up I intend to use them.
uk1
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April 03, 2013, 11:24:06 PM
 #18

find someone willing to accept pokerstars or fulltilt.

NABiT
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April 04, 2013, 08:14:53 AM
 #19

Transferring to GBP to EUR to USD (if necessary) is really not that difficult.

SEPA

GBP via bank transfer or debit card to transferwise - no charge

Transferwise converts to EUR for a much better exchange rate and cost than your bank would.

Transferwise sends the EUR to your chosen bitcoin exchange

The exchange converts to USD if that is what they deal in e.g. Bitstamp


I think I will give Bitcoin Central a go when they are back up but most of the action there is in EUR, I think you will find the GBP order board pretty empty so it may still work out cheaper sending EUR via transferwise - ( http://transferwise.com/u/054b )

Catanonia
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April 04, 2013, 09:02:38 AM
 #20

Transferring to GBP to EUR to USD (if necessary) is really not that difficult.

SEPA

GBP via bank transfer or debit card to transferwise - no charge

Transferwise converts to EUR for a much better exchange rate and cost than your bank would.

Transferwise sends the EUR to your chosen bitcoin exchange

The exchange converts to USD if that is what they deal in e.g. Bitstamp


I think I will give Bitcoin Central a go when they are back up but most of the action there is in EUR, I think you will find the GBP order board pretty empty so it may still work out cheaper sending EUR via transferwise - ( http://transferwise.com/u/054b )


I have been looking at Transferwise, but Can't find the option to transfer monies into it to get converted to Euros
The only buttons are the send payment buttons that require a recipient.
Am I missing something here ?
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