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Author Topic: Safe way to sell Bitcoin and transfer funds back to a UK account  (Read 439 times)
MajorBuzz (OP)
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September 05, 2017, 10:01:11 AM
 #1

I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?
Hybrid1990
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September 05, 2017, 10:18:17 AM
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I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?

Check pm Smiley
MajorBuzz (OP)
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September 05, 2017, 10:43:49 AM
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Check pm Smiley
Thanks but I'm not looking to deal directly with anyone. I'm looking for a long-term solution.
Hybrid1990
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September 05, 2017, 10:52:13 AM
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Check pm Smiley
Thanks but I'm not looking to deal directly with anyone. I'm looking for a long-term solution.

If all be good i can buy 10k $ btc monthly Wink
koiler
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September 05, 2017, 12:26:14 PM
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Just use Localbitcoins, never had any problems there and there's plenty of traders who will buy from you.
Nathan047
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September 05, 2017, 04:13:09 PM
Last edit: January 03, 2018, 03:45:21 PM by Nathan047
 #6

I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?
If it's anything like the US, just use Coinbase (don't worry, it's safe) to sell your BTC for USD/EURO and then transfer it to your bank account. Just remember to claim any gains when filing your taxes.

I'm starting a technology blog T4CH.top, check it out!
Xch4ng3
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September 06, 2017, 04:29:27 PM
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Check out https://revolut.com/ - you get a US/EUR/GBP account to send funds into. Bittrex -> Coinbase -> Bank. Don't forget you can also use CB to fund GDAX.

[AUTOBUY] [CHEAP] $2 Account Shop -> https://bitcointalk.org/index.php?topic=4611147
Notetoself
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September 06, 2017, 09:47:17 PM
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Localbitcoins. Stop being daft mate.
sardasa
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September 07, 2017, 07:36:22 AM
 #9

I've been using Coinbase to buy Bitcoin and Bittrex to trade, but now would like to sell some and transfer to a UK bank account. I've looked into various options such as Uphold, LocalBitcoins, CoinsBank, and others, but when I look at reviews for these websites they are not good and don't appear to be 100% safe. Does anyone know a safe way to sell and transfer the funds back to a UK bank account?
Cex.io is also a good option for this.

Luckylegs
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January 03, 2018, 09:34:23 AM
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Thank you all for sharing this info. Not sure what I would do without this forum, honestly! For an additional bit of info, Revolut seems really useful especially if you have one of their pre-paid cards, you can use it anywhere in the EU without the usual charges...bonus!!
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