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Author Topic: Ways to buy Bitcoin? Uk bank's  (Read 72 times)
JumboCactuar
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December 07, 2017, 12:20:49 PM
 #1

Hi,
I'm planning on jumping aboard the train once it slows down a bit.

Looking for safe ways to buy BTC
Ive checked coinbase but their limit for me is £750 and only by debit card.

Also are banks ok with it? I read some people had their accounts closed due to dealing with BTC.
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LeGaulois
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December 09, 2017, 09:00:48 PM
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Because they use a personal bank account and act like if it was a business activity and any decent bank doesn't allow this. They also deal with 4-5 digit numbers making obviously they are operating a business.
Usually, they don't create troubles when you send but can watch out for you when you receive (especially big amounts like I said)
In the UK you're fine, you won't get any trouble like this.

Bitstamp,  BL3P.eu, Bitfinex are some where you can take a look at

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December 10, 2017, 02:55:26 PM
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I tend to use localbitcoins.com as the problem with most exchanges is they really hit you with banking fees and exchange rates to go from either USD or EUR to GBP. It only usually ends up being better for quite large amounts. Your bank should be OK as the last reply says unless you are running a business as a BTC exchanger.


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