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Author Topic: Buying BTC in UK  (Read 657 times)
BTCVirgin
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April 03, 2013, 12:59:03 PM
 #1

This is nearly impossible!!!

It seems that after much research I cannot transfer funds from my bank to MTGOX - can any successful UK buyer advise please?
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bowen151
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April 03, 2013, 01:02:41 PM
 #2

Transferwise

Change GBP to EUR

SEPA transfer to GOX

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

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
BTCVirgin
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April 03, 2013, 01:15:38 PM
 #3

Thanks for that, a little cryptic though - I'll do some research and see what I can find

I'm new here  Huh
Catanonia
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April 03, 2013, 01:33:12 PM
 #4

Transferwise

Change GBP to EUR

SEPA transfer to GOX

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

I am looking into this am am still confused with the TransferWise part.

When I logon to TransferWise the only option I get is to send money to a recipient. Is this the SEPA and is the recipient GOX ?

Can you give detail example how to do it please as I am pulling my hair out here.

Many thanks
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April 03, 2013, 02:15:37 PM
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Is there no deposit options?

Try looking here for some transferwise related information:

http://bitcoin.stackexchange.com/questions/8149/which-exchanges-allow-me-to-transfer-funds-from-my-transferwise-account

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
G405T
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April 03, 2013, 02:32:28 PM
 #6

Thanks for the TransferWise tip. I used Xe.com for my last transaction; also a nice service but requires waiting for 2 banks transfers.

A real shame there are no faster methods in the UK.. UKash is a reasonably quick option, but you lose ~20% of your investment.
Catanonia
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April 03, 2013, 05:24:57 PM
 #7

Is there no deposit options?

Try looking here for some transferwise related information:

http://bitcoin.stackexchange.com/questions/8149/which-exchanges-allow-me-to-transfer-funds-from-my-transferwise-account

appears not to be, www.transferwise.com

Only option is to send money and you need a recipient to send it to.
bowen151
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April 03, 2013, 06:51:36 PM
 #8

As far as I understand you send in GBP to your own transferwise account, transferwise converts it to EUR and you can then send a SEPA EUR payment to whichever exchange you use.

Pretty simple.

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
WikileaksDude
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April 03, 2013, 06:54:19 PM
 #9

Made this guide: www.bitcoinUK.blogspot.com

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

Hope it helps.

jlchcc
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April 03, 2013, 06:55:13 PM
 #10

I made a guide:
http://howtogetbitcoinsuk.blogspot.co.uk/


cheers

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bowen151
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April 03, 2013, 07:00:23 PM
 #11

Those look very similar lol  Roll Eyes

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
oldskl
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April 03, 2013, 07:44:24 PM
 #12

i use btxuk

though there website is on the tor network
djdollabill
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April 04, 2013, 01:26:00 AM
 #13

I can sell you BTC in exchange for physical gold, sovereigns for example.  You would have to send insured to US, PM me if interested.

Mike
bowen151
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April 04, 2013, 05:24:18 PM
 #14

Simply sign up to transferwise: http://transferwise.com/u/f0bd

Open bitstamp

Click SEPA deposit on bitstamp page to get payment/banking information

Back to transferwise and input the details from bitstamp by pressing the "make a payment"

Upload your funds to transferwise by debit card or bank transfer and when they get that payment, the will then send it on to bitstamp as a SEPA payment.

24-72 hours later your bitstamp account should be credited and ready to buy bitcoin

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
Ajay
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April 04, 2013, 06:26:41 PM
 #15

you can try bitbargain prices are kind of steep but they are pretty fast, transferring via SEPA to MTGOX can take up to 14 working days. probably longer with all the problems they have had recently + in 14 days BTC could go up quite alot.
bowen151
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April 04, 2013, 07:02:50 PM
 #16

you can try bitbargain prices are kind of steep but they are pretty fast, transferring via SEPA to MTGOX can take up to 14 working days. probably longer with all the problems they have had recently + in 14 days BTC could go up quite alot.

Bitbargain charge far too much, totally goes against their name, having bargain in it lol!

14 days for a sepa transfer is ridiculous. Time to switch banks and market funding strategy.

Use vircurex, bitstamp or another if you dont want to use gox.

transferwise should have a SEPA payment credit to which ever account you are funding in around 3 days max

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
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