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Author Topic: Seeking exchange for converting GBP into BC  (Read 1106 times)
applecart
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February 22, 2011, 12:19:50 AM
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I'm looking to buy bitcoins using GBP. So part of my question is: is there an exchange that accepts GBP?

All of the exchanges I have seen seem to rely either on trust or on Liberty Reserve. I hadn't heard about LR until today, and a bit of googling appears inconclusive as to whether it is a scam or not. So the other part of my question is: which exchanges are trustworthy, and is Liberty Reserve a safe conduit for buying bitcoins?

So, as someone looking to take some GBP and buy some bitcoins, can you give any advice on a exchanges that are not scams, particularly if they will accept GBP directly?

Thanks! :-)
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February 22, 2011, 12:35:02 AM
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All of the exchanges I have seen seem to rely either on trust or on Liberty Reserve. I hadn't heard about LR until today, and a bit of googling appears inconclusive as to whether it is a scam or not. So the other part of my question is: which exchanges are trustworthy, and is Liberty Reserve a safe conduit for buying bitcoins?

Based on http://bitcointalk.org/index.php?topic=3176.0 I'd be wary of using LR for the time being.  You'd have better luck conducting a trade using Bitcoin-OTC.
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February 22, 2011, 12:49:20 AM
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Thanks. Yes, it does seem a good idea to steer clear of LR.

Trading directly with other bitcoiners on IRC is an option, but I suppose I was hoping for something that looked established and trustworthy, rather than trading with an anonymous individual.
jgarzik
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February 22, 2011, 01:02:07 AM
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Someone could pay davout or another programmer, to add support for GlobalDigitalPay's GBP currency at Bitcoin Central (which is open source).

Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
Ryland R. Taylor-Almanza
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February 22, 2011, 02:31:26 AM
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#bitcoin-otc has a rating system so you can find out whether someone is trustworthy or not. You can see that here: http://bitcoin-otc.com/viewratings.php. I'm new to bitcoin, but from what I hear, people highly recommend #bitcoin-otc and trust it alot.
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February 23, 2011, 12:04:08 PM
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I'm looking to buy bitcoins using GBP. So part of my question is: is there an exchange that accepts GBP?
I need to make a small payment in GBP.  Please have a look at the offer I sent you in PM.  Paying from my bank takes several days and costs money as well.

Sjå http://bitmynt.no for veksling av bitcoin mot norske kroner.  Trygt, billig, raskt og enkelt sidan 2010.
I buy with EUR and other currencies at a fair market price when you want to sell.  See http://bitmynt.no/eurprice.pl
I support the roadmap.  If a majority of miners ever try to forcefully take control of Bitcoin through a hard fork without 100% consensus, I will immediately split out and dump all my forkcoins, and buy more real Bitcoin.
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