UK Exchange Website

[airsheep]

There's been a couple of threads on the topic of the lack of a UK-based exchange just in the last week:

The UK Public & Bitcoin
https://bitcointalk.org/index.php?topic=176717.0

How to solve UK Bitcoin Exchange Problem?
https://bitcointalk.org/index.php?topic=177059.0

And another one here ...

https://bitcointalk.org/index.php?topic=158010.0

The demand is definitely there, anyway!

[NABiT]

their market depth is 0.  There are two asks at $99/btc and nothing more.  Trade volume ~0!

Adam

Exchanges / exchange ideas fail in the UK because no banks want to deal with you.

this is what I did Monday 15th April:

07:00 using "transferwise" moved £ from my uk bank to "bitcoin-central" cost £1. confirmation came about 11:00hrs. Confirmation of receipt at bitcoin-central funds cleared at about 16:00hrs. Placed an order for bitcoins which was filled immediately @ euro=76 for 1 btc. transfered btc to wallet took 40 mins. job done. reg.

That's USD, their UK customers would likely trade in EUR or maybe GBP

[SBC]

It is unlikely you will see a UK exchange until such time as guidance is issued by the FSA with regards to 'virtual currencies'. Some more information here: https://bitcointalk.org/index.php?topic=158010

[TimJBenham]

Only way in UK it seems is for a well established in financial services player to start trading Bitcoin on the side. So gotta wait until this happens.

Damn you FSA ruining everyone's fun

An unofficial part of their job is keeping the established banksters' fun going.

Are there any cracks in the regulatory framework? Isle of Man, Guernsey, etc?

[evilscoop]

could always ask the prince of sealand.... jk

Id like to see a uk exchange as well, save all this hassle...failing that, just the ability to use US with gbp directly would be nice

[michaelGedi]

What about the TransferWise plan - use it with Bitstamp ... it's pretty straightforward and will save you a fair bit of money on charges and exchange rates.

If you choose priority payment it always arrives the same day for a small fee, and still a lot cheaper than UKASH or using blockchain.info or any of the other solutions, all charging hefty fees...

always lands quickly with Bitstamp and it works with other exchanges as well. I've been sending about £1k at a time and payed about £16.85 for the service last time with "priority" same day transfer... but it would be about £5 for the exchange serice and upto 48 hours if I didn't choose priority.

Links here:

http://transferwise.com/u/211f

guide

http://bitcointransfer.blogspot.co.uk/