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TonySu
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August 07, 2017, 03:18:29 PM
 #1

Hello,

I’ve made some nice amount of BTC and am looking for a quick and secure way to trade and use it, mostly in the UK.

Any ideas?
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August 07, 2017, 03:22:58 PM
 #2

And how much?
Have yet to earn or to spend?

Is capitalism in Europe changed?
Instead of himself the money to take away - ask them to help earn?HuhHuhHuhHuh
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August 07, 2017, 03:42:03 PM
 #3

i think saving your Bitcoin would be a great idea for the proper use of your Bitcoin. if you don't have any urgency to spend your Bitcoin then you must not do that. day by day the price of Bitcoin is increasing at an increasing rate. So i always suggest everyone to keep saving Bitcoin. it will be a great asset for you in the future.

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August 07, 2017, 04:10:05 PM
 #4

i think saving your Bitcoin would be a great idea for the proper use of your Bitcoin. if you don't have any urgency to spend your Bitcoin then you must not do that. day by day the price of Bitcoin is increasing at an increasing rate. So i always suggest everyone to keep saving Bitcoin. it will be a great asset for you in the future.
I certainly agree to that, saving is a great idea and I think it's better to save your bitcoin than to spend it. In addition to that,  I think if you want to spend your bitcoin I guess try to use it to buy some altcoin and hold it for a long time. I hope the price of bitcoin will rapidly increase in the future so that I think the best way to do is to save it.

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August 07, 2017, 04:10:41 PM
 #5

The best advice I can give you is hold your Bitcoins and try to earn more. The value of your Bitcoins will be higher than now in future. Spending Bitcoin is not a good idea for now.
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August 07, 2017, 04:11:56 PM
 #6

Simply pass them to your bank Smiley

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August 07, 2017, 04:16:01 PM
 #7

If you have substantial capital, you can work with a large bank in your country to receive payments through bitcoin

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August 07, 2017, 04:24:35 PM
 #8

Hello,

I’ve made some nice amount of BTC and am looking for a quick and secure way to trade and use it, mostly in the UK.

Any ideas?


You could register with an exchange like Bittrex or Poloniex and trade on their platform.  You could also use ShapeShift to trade cryptocurrencies, however it will likely have a higher transaction fee.  You can also sell Bitcoin on localbitcoins for your local currency.
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August 07, 2017, 04:35:14 PM
 #9

Bitcoin spending is increases in future,because number of merchants not accepting the bitcoins.spending bitcoin is easy and fast,secure also.we can send to and receive with address,we can spend bitcoins for shopping,investing.
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August 07, 2017, 04:47:14 PM
 #10

There are so many websites where you can trade bitcoins: https://www.coindesk.com/information/buy-bitcoin-uk/

Circle and bitstamp offer good rates as well and have more payment options compared to the rest. Coinbase is also good but sometimes they delay bitcoin trades.

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August 07, 2017, 04:54:14 PM
 #11

Get bitcoin debit card from one of the card provider like cryptopay and than get verified with them. Now you can spend your bitcoin in any stores where visa cards are accepted.

Also found that coinbase support your country so you can simply cashout your bitcoin into your bank with them. https://www.coinbase.com/places/united-kingdom

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August 07, 2017, 05:06:49 PM
 #12

Don't know if it works in UK (have done it in Spain), but I have used with success a service named chip chap (they have an app too) you send them the btc and they give you back a code with which you can withdraw a corresponding amount of cash in some ATM's.

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August 07, 2017, 05:29:19 PM
 #13

The best advice I can give you is hold your Bitcoins and try to earn more. The value of your Bitcoins will be higher than now in future. Spending Bitcoin is not a good idea for now.

Right spending bitcoin is not a good idea but sometimes our daily need are very grows to exceed so we sell  our bitcoin to fulfill our needs. I didn't sell our all bitcoin some sell to fulfill our needs and some kept it for tomorrow.

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August 07, 2017, 06:00:04 PM
 #14

Hello,

I’ve made some nice amount of BTC and am looking for a quick and secure way to trade and use it, mostly in the UK.

Any ideas?

How much bitcoins have you earned? If you have earned a low amount bitcoins then most of them will be lost in the transaction fees. If you have a good amount of bitcoins then you can start increasing it by trading, investing, etc(I won't prefer gambling). You can simply start trading on any exchanges by just signing up and making a bitcoin deposit.


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August 07, 2017, 07:48:23 PM
 #15

i think saving your Bitcoin would be a great idea for the proper use of your Bitcoin. if you don't have any urgency to spend your Bitcoin then you must not do that. day by day the price of Bitcoin is increasing at an increasing rate. So i always suggest everyone to keep saving Bitcoin. it will be a great asset for you in the future.
Yes but that is quite time consuming. He would have to wait for some months unti the price goes as expected.
For now instead of just keeping them, he can utilize them to get some more bitcoins but he would need to do a good research before starting investing coins. Trading might give profit if proper research is done on the coin.

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n691309
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August 07, 2017, 08:04:19 PM
 #16

Simply pass them to your bank Smiley
It is much easy but he won't have any profit in it and also transaction fees will be lost. Instead utilizing it will give some profit. And also just keeping it and storing it to sell when its too high will also be not much profitable. I would suggest to use them to increase your coins. You can use trading platforms and also you can find investment box on yobit to invest your coins

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August 07, 2017, 08:12:35 PM
 #17

Bitcoin spending is increases in future,because number of merchants not accepting the bitcoins.spending bitcoin is easy and fast,secure also.we can send to and receive with address,we can spend bitcoins for shopping,investing.
Threads like this invite generic google translate shitposts like this.

I don't see what the title of this thread has to do with what was written in OP.  You're looking for a place to spend btc?  That's an easy search.   You're looking for a way to cash out?  That's an easy search too.  Lock the thread if you got your answer.   People should not be getting paid for shitposting.

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August 07, 2017, 08:44:34 PM
 #18

In UK, you will need to use localbitcoins platform to liquidify your bitcoin into fiat money. You can use exchangers like Bittrex, Polo and Kraken but these don't give you fiat money. They only do exchange realted transactions.

I don't know whether you have bitcoin ATM in UK, but if you have, you can simply get cash via those bitcoin ATMs.
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August 07, 2017, 09:24:50 PM
 #19

Why not use kraken or localbitcoin? I'd be using kraken if my country was in European Union (skyhigh fees for non EU countries). Also, you can trade it here on the forums in the exchange section.

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August 07, 2017, 09:29:10 PM
 #20

The best advice I can give you is hold your Bitcoins and try to earn more. The value of your Bitcoins will be higher than now in future. Spending Bitcoin is not a good idea for now.

Right spending bitcoin is not a good idea but sometimes our daily need are very grows to exceed so we sell  our bitcoin to fulfill our needs. I didn't sell our all bitcoin some sell to fulfill our needs and some kept it for tomorrow.

It is more profitable to utilize and make some good profit by using them instead of just to Hold them to see a huge pump in the price. We can anytime sell bitcoins for cash as per our need but it depends on our needs. Not everyone here would prefer selling out bitcoins for daily needs..

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