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June 11, 2017, 10:07:16 AM |
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Morning guys,
I'm new to the cryptocurrency game. Invested £200 in ETH when it was valued at £79. Sitting on a tasty portfolio of ~£700. I thought that was impressive, but my cousin in Hong Kong who brought this to my attention invested £2k when the value was around £20. Don't know what possessed him to do this, but he recently sent me a screenshot of his portfolio which is ~£70k. So the gamble worked pretty well for him (the beautiful b**tard).
Anyway, since monitoring the Altcoin discussion posts here for around a month I thought lets withdraw £500-ish for myself and the remaining amount I could potentially dilute my investment into up-and-coming coins (I like the look of Waves and Storj atm).
However, and this is the issue I'm facing currently. I can't find anywhere which lets me withdraw my ETH for GBP. Or nowhere where the process is straightforward. For example, Coinbase have this weird SEPA Euro route which is not only confusing, but has also received negative reviews in the Coinbase community. As for Kraken, there are fees up to £60 odd which I thought was quite a lot.
I'm not sure if the Kraken process is simple or not, but is it worth forking out the fees through them?
Or is there another route which I'm just being a nonce and not aware of?
Cheers guys.
K
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