Bitcoin Forum
March 29, 2017, 09:19:54 PM *
News: Latest stable version of Bitcoin Core: 0.14.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Cheapest way to buy Bitcoins with GBP in UK Bank Account.  (Read 1622 times)
nibor
Sr. Member
****
Offline Offline

Activity: 349


View Profile
August 10, 2011, 12:03:19 PM
 #1

I only want to buy a few 10's so market liquidity is not that important.

Has anyone done the analysis?

Options I seem to have are:

1) Transfer to MtGox in GBP. They convert into USD and then buy their.
2) Use Britcoin. Here I think I will incur lower fees, but not such a tight spread?

Any other options that are more efficient?


Thanks

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1490822394
Hero Member
*
Offline Offline

Posts: 1490822394

View Profile Personal Message (Offline)

Ignore
1490822394
Reply with quote  #2

1490822394
Report to moderator
1490822394
Hero Member
*
Offline Offline

Posts: 1490822394

View Profile Personal Message (Offline)

Ignore
1490822394
Reply with quote  #2

1490822394
Report to moderator
1490822394
Hero Member
*
Offline Offline

Posts: 1490822394

View Profile Personal Message (Offline)

Ignore
1490822394
Reply with quote  #2

1490822394
Report to moderator
Ten98
Full Member
***
Offline Offline

Activity: 201



View Profile
August 10, 2011, 12:57:07 PM
 #2

Britcoin all the way.
BTCnewbie
Newbie
*
Offline Offline

Activity: 28


View Profile
August 15, 2011, 10:23:33 PM
 #3

I use mtgox UK account and they place dollars in my mtgox account within a couple of days. Buy the bitcoins, sell them for profit on britcoin and withdraw direct to my UK bank account.
The circle is quite tedious.
Callius
Newbie
*
Offline Offline

Activity: 25


View Profile
August 15, 2011, 10:50:12 PM
 #4

Personally I'd use britcoin as you'll get no fees so not have to account for them if you're speculating.
Ten98
Full Member
***
Offline Offline

Activity: 201



View Profile
August 16, 2011, 12:05:15 AM
 #5

I use mtgox UK account and they place dollars in my mtgox account within a couple of days. Buy the bitcoins, sell them for profit on britcoin and withdraw direct to my UK bank account.
The circle is quite tedious.

Just a friendly warning, if you do that enough times with enough money, your bank & the inland revenue are going to start asking some questions about what it is that you're doing...
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!