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Author Topic: New to the World of Bitcoins and need advice please!  (Read 310 times)
Share2Care
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May 24, 2013, 10:40:13 PM
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Good Evening Gents & Ladies!

My first post so hello to all Smiley

I am sure there are a zillion threads like this, but i have spent many hours reading through posts, guidance and articles and am still not able to answer the question below;

After spending many hours looking into hardware and the upcoming machines coming out of the US, I made a few 'investments' in hardware and am now in a position to sell 1 Bitcoin. I figure if  you can optimise it for one Bitcoin, you can scale it up pretty quickly.

After spending several if not 10's of hours reading up on Bitcoins, I am seriously struggling in trying to work out the most cost efficient way to turn 1 Bitcoin into GBP. I have looked at several exchanges and it would seem Rubles are easier to withdraw than pound sterling! I can see you can sell for EUR easily, it is then a matter of getting it into your GBP bank account with occurring as little fees as possible.

Anyhow, In am in need of some guidance. I am set-up with TransferWise, although not sure if that will help?

Any and all recommendations on best practices / methods used would be appreciated.

Cheers,

Share2Care
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yogi
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May 24, 2013, 10:46:32 PM
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Hi Share2Care,

This thread may still be relevant;

https://bitcointalk.org/index.php?topic=171380.0;topicseen

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May 24, 2013, 11:13:12 PM
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Hi Share2Care,

This thread may still be relevant;

https://bitcointalk.org/index.php?topic=171380.0;topicseen

Thanks for the speedy response although looking through the thread it is still murky. The BitStamp website looks good, but once again, either EUR or USD. I am fine selling a Bitcoin for EUR or USD, I just do not want to get shafted with various transaction / movement / withdrawal / any other reason fees to get it into my bank account with is GBP.

More advice required good people!

Thanks Smiley

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