Bitcoin Forum
August 29, 2024, 02:14:01 AM
Welcome,
Guest
. Please
login
or
register
.
News
: All versions of Windows are affected by a
critical security bug
; make sure you update.
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Economy
>
Trading Discussion
>
Selling bitcoins UK
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Selling bitcoins UK (Read 209 times)
Blahblockchain
(OP)
Newbie
Offline
Activity: 5
Merit: 0
Selling bitcoins UK
June 07, 2019, 01:07:09 PM
#1
So I've accumulated 5800-6000 through trading for the past 2 years. Coming to an end now of me trading and for the first time looking to sell my bitcoins in order to purchase a car and go on holiday (hopefully) I've been doing research on how I would do this and there are a few sites which will allow me to sell bitcoins for bank transfer or PayPal etc.
My only issue is as I know how obviously fraudulent people buy with other people's credit cards.
My point being I don't want to sell my bitcoins after all ym hard work to be bought with a stolen card ! And have a knock on my door as a result!
Does anyone have any recommendations I've never had the reason to sell my bitcoins before and after reading se forums on how people obtain bitcoins worries me alot of being targeted by a fraudster with a fake card.
Any advice would be great !!
Thanks
Dem
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
Re: Selling bitcoins UK
June 07, 2019, 01:11:32 PM
Merited
by
dbshck
(4),
DdmrDdmr
(2)
#2
I wouldn't bother with anything P2P myself when you have Coinbase now in the UK. They'll do faster payments or you'll be able to withdraw to Paypal. Sell through Coinbase Pro, not Coinbase.
If you don't want to get caught up with them then you could go to a very, very established trader on Localbitcoins but these days they'll probably want more KYC than Coinbase.
This gives you an idea of what you'd get from various sources -
http://bittybot.co/uk/sell-bitcoin-uk/
I'd forget Paypal completely unless it's through Coinbase.
Blahblockchain
(OP)
Newbie
Offline
Activity: 5
Merit: 0
Re: Selling bitcoins UK
June 07, 2019, 01:19:40 PM
#3
I'll check it out thanks for the advice !
Is there a common risk when using sites like localbitcoins. Com regarding unsafe transactions?
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
Re: Selling bitcoins UK
June 07, 2019, 01:25:35 PM
#4
Quote from: Blahblockchain on June 07, 2019, 01:19:40 PM
I'll check it out thanks for the advice !
Is there a common risk when using sites like localbitcoins. Com regarding unsafe transactions?
Like I said, discount Paypal 100% for P2P sites. Only do that through Coinbase.
As for Localbitcoins, only do the deal through Localbitcoins messaging. Scammers will try to initiate outside the site. Only deal with someone who's been there for years with an absolute mountain of feedback.
Blahblockchain
(OP)
Newbie
Offline
Activity: 5
Merit: 0
Re: Selling bitcoins UK
June 07, 2019, 01:36:27 PM
#5
Quote from: gentlemand on June 07, 2019, 01:25:35 PM
Quote from: Blahblockchain on June 07, 2019, 01:19:40 PM
I'll check it out thanks for the advice !
Is there a common risk when using sites like localbitcoins. Com regarding unsafe transactions?
Like I said, discount Paypal 100% for P2P sites. Only do that through Coinbase.
As for Localbitcoins, only do the deal through Localbitcoins messaging. Scammers will try to initiate outside the site. Only deal with someone who's been there for years with an absolute mountain of feedback.
I think I'll use localbitcoins and find a trusted buyer in the UK. PayPal isn't really practical anyway for me
Slow death
Legendary
Offline
Activity: 3122
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
Re: Selling bitcoins UK
June 07, 2019, 01:55:05 PM
#6
Quote from: Blahblockchain on June 07, 2019, 01:07:09 PM
Any advice would be great !!
use coinbase. and withdraw in parts, something like $1000; when your money arrives in your country, then withdraw another $1000, and repeat the same process until you have already withdrawn all your money. Of course with this process you can pay many fees. But at least you will not risk losing all your money if something goes wrong. And do not worry about doing KYC, better make KYC and use a reliable site than using sites that are not reliable just because you do not want to do KYC
.
.
Stake.com
.
.
▄████████████████████████████████████▄
██
▄▄▄▄▄▄▄▄▄▄
▄▄▄▄▄▄▄▄▄▄
██
▄████▄
██
▀▀▀▀▀▀▀▀▀▀
██████████
▀▀▀▀▀▀▀▀▀▀
██
██████
██
██████████ ██ ██ ██████████
██
▀██▀
██
██ ██ ██████ ██ ██ ██
██
██
██
██████ ██ █████ ███ ██████ ██
██
██▄ ██
██
█████ ███ ████ ████ █████ ███
██
██████
██
████ ████ ██████████ ████ ████
██
██▀
██
██████████
▄▄▄▄▄▄▄▄▄▄
██████████
██
██
▀▀▀▀▀▀▀▀▀▀
██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████
Play
Smarter
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
Leading Crypto Sports Betting
&
&
&
&
&
Casino Platform
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀
.
.
PLAY NOW
.
.
casperBGD
Legendary
Offline
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
Re: Selling bitcoins UK
June 07, 2019, 02:54:24 PM
#7
i also recommend doing KYC, you are not stealing anything, but withdrawing your own money
maybe that will cost you some fees or taxes, but you will sleep peacefully and have your money with you, without it you risk all or nothing
Blahblockchain
(OP)
Newbie
Offline
Activity: 5
Merit: 0
Re: Selling bitcoins UK
June 07, 2019, 03:40:14 PM
#8
Yeah I've been reading about coinbase KYC isn't a problem and connecting account id etc that's no problem at all only thing I worry about
As I haven't had to withdraw before, if someone ELSE buying my bitcoins of coinbase and they pay by fraudulent means to get my LEGIT bitcoins from coinbase. Will i get in trouble because my legit coins was bought by a fraudster ?
Sorry if coming across about dim I am very anxious from what I read around !
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
Re: Selling bitcoins UK
June 07, 2019, 03:46:26 PM
#9
Quote from: Blahblockchain on June 07, 2019, 03:40:14 PM
Will i get in trouble because my legit coins was bought by a fraudster ?
Sorry if coming across about dim I am very anxious from what I read around !
Absolutely not. Your dealings are with them and no one else. Whatever happens after your transaction with them is their problem.
CryptoBry
Sr. Member
Offline
Activity: 1008
Merit: 355
Re: Selling bitcoins UK
June 07, 2019, 03:48:17 PM
#10
Just to add more choices and a guide for people like you in UK who are looking for ways to convert bitcoin into cash, I am sharing the list here:
https://www.finder.com/uk/how-to-sell-bitcoin
Blahblockchain
(OP)
Newbie
Offline
Activity: 5
Merit: 0
⇾
Re: Selling bitcoins UK
June 07, 2019, 04:00:50 PM
#11
Thank you guys so much for your help !! Shame can it send 1 message on this forum !
Pages: [
1
]
Print
Bitcoin Forum
>
Economy
>
Trading Discussion
>
Selling bitcoins UK
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...