Topic: Best UK Bitcoin Exchange? (Read 2016 times)
Cex is based in London and it is pretty good, but it requires detailed IDs. The same could be said about https://cexbro.com/, but IMO the pain of verification process worth it, as your data and funds will be secure there. In any case, the decision is up to you.
When it comes to Bitcoin exchange using cards, Bit4 exchange is very competitive
-Favourable exchange rates
-24/7 customer service
-many fiat currencies accepted
Have a try on this one
-Favourable exchange rates
-24/7 customer service
-many fiat currencies accepted
Have a try on this one
Dear Friends,
We are pleased to announce our competitive full exchange service! Grin Grin Grin
The Digital Currency Group https://www.purchasedigitalcurrency.co.uk is open for business!
Offering:
Transfer to Bitcoin/Alt Coins
Exchange BTC/ALT (100 supported)
Debit Card
Private Bank Accounts - Crypto Augmented using Fiat Pegged Tokens.
Lowest fees in the industry from 0.5%, using regulated institutions and banking facilities we are bridging the gap between banking and the blockchain and connecting you to your money.
Our customer first policy puts you in the driving seat and enables us to deal with clients on a personal level.
In order to maintain our optimal standards - we do require the same of our clients : we are keeping accounts at a minimum of £1,500.00 and will accept no USA clients.
We are a new Exchange in this space but have been in the Financial Services industry for many many years and we are looking forward to working with all of you!
Any comments or questions please do not hesitate to ask!
Kind regards.
Digital Currency Group
We are pleased to announce our competitive full exchange service! Grin Grin Grin
The Digital Currency Group https://www.purchasedigitalcurrency.co.uk is open for business!
Offering:
Transfer to Bitcoin/Alt Coins
Exchange BTC/ALT (100 supported)
Debit Card
Private Bank Accounts - Crypto Augmented using Fiat Pegged Tokens.
Lowest fees in the industry from 0.5%, using regulated institutions and banking facilities we are bridging the gap between banking and the blockchain and connecting you to your money.
Our customer first policy puts you in the driving seat and enables us to deal with clients on a personal level.
In order to maintain our optimal standards - we do require the same of our clients : we are keeping accounts at a minimum of £1,500.00 and will accept no USA clients.
We are a new Exchange in this space but have been in the Financial Services industry for many many years and we are looking forward to working with all of you!
Any comments or questions please do not hesitate to ask!
Kind regards.
Digital Currency Group
Years have passed and nothing changed. The same exchanges are still in the lead. It’s a pretty big deal 
I think kraken is good exchanger
And now avaible for US
And now avaible for US
I wonder if there's much demand for such a currency pair in the UK ?
There are btc/gbp trading possibilities but it's completely pointless because it still has to go to Europe. You might as well go where the action is even if there are currency conversions on top.
It's something of a chicken/egg situation as for demand. There's certainly interest in the UK but very little real commerce without bank interaction. btc-e had a gbp market for a while but the volume was so pitiful they called it a day.
Does anybody know how come there's not so much BTC/GBP trading going on ?
Dude please check in localbitcoins and kraken there you can find a best trader who are selling and buying bitcoin for GBP.
So you could have check there.
Does anybody know how come there's not so much BTC/GBP trading going on ?
You can't keep a bank account if you're discovered trading a few pounds a month on localbitcoins. Imagine the answer you get if you want to open an exchange. All the attempts have been closed down.
Thanks.
That explains why even the exchanges that are registered in the UK, such as Bitstamp or Coinmate have their bank accounts in other countries and don't offer the BTC/GBP trading.
I wonder if there's much demand for such a currency pair in the UK ?
Does anybody know how come there's not so much BTC/GBP trading going on ?
You can't keep a bank account if you're discovered trading a few pounds a month on localbitcoins. Imagine the answer you get if you want to open an exchange. All the attempts have been closed down.
Does anybody know how come there's not so much BTC/GBP trading going on ?
it is impossible to trade without verify ID.
and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
What you can do with verification ID itself. Still If trader thought to scam you means He can do.
Escrow system In between you and trader make you to faith on the trade. Its secured for both parties.
You should try igot
http://igot.com
That is the best exchange both to buy and sell in various currencies.
http://igot.com
That is the best exchange both to buy and sell in various currencies.
it is impossible to trade without verify ID.
and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
That is my problem I tried many English exchanges and everytime they want scans of my IDs before I even buy something. and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
I thought advanced credentials are needed only I reach certain transaction amount. UK laws are so restrictive...
it is impossible to trade without verify ID.
and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
and p2p is a way, but only when you are a buyer/taker, no matter localbitcoin or lakebtc.
There are UK exchanges like Coinfloor, but you still have to wire money to Europe which takes time and costs money as no UK bank will play with them yet. That being the case you may as well go with Kraken or Bitstamp as they'll have the volume and it won't take any longer to get on there. Coinfloor also has deposit and withdrawal fees. Kraken also has the bonus of not requiring full ID stuff on smaller trades.
Lakebtc has introduced some type of peer to peer GBP deposit system that would be effectively instant. No idea how it works and I've never used the exchange but it might be worth a look.
Fidor UK have stated they'll be introducing business accounts so I think the wait for a proper UK exchange may be over soon.
Lakebtc has introduced some type of peer to peer GBP deposit system that would be effectively instant. No idea how it works and I've never used the exchange but it might be worth a look.
Fidor UK have stated they'll be introducing business accounts so I think the wait for a proper UK exchange may be over soon.
I want to know what is the best British Bitcoin Exchange:
1. Which GBP based exchange has the biggest volume?
2. Which has the lowest fees and are reliable?
3. Are there any exchanges which don't require my whole detailed IDs to create account?
1. Which GBP based exchange has the biggest volume?
2. Which has the lowest fees and are reliable?
3. Are there any exchanges which don't require my whole detailed IDs to create account?
You may try cryptopay.me
They also give you a bitcoin debit card if you get verified.
Prices are not very competitive though but it is a very reliable exchange.
Withdrawals are very fast.
You might give it a try
Coinbase is a solid and reliable exchange.
I want to know what is the best British Bitcoin Exchange:
1. Which GBP based exchange has the biggest volume?
2. Which has the lowest fees and are reliable?
3. Are there any exchanges which don't require my whole detailed IDs to create account?
1. Which GBP based exchange has the biggest volume?
2. Which has the lowest fees and are reliable?
3. Are there any exchanges which don't require my whole detailed IDs to create account?
You may try cryptopay.me
They also give you a bitcoin debit card if you get verified.
Prices are not very competitive though but it is a very reliable exchange.
Withdrawals are very fast.
You might give it a try
I would recommend you to use the lazy coins exchange since it is based in the UK.
They are, but I don't how reliable they are. Their topic on bitcointalk is not really alive. And their signature campaign never started AFAIK. (see https://bitcointalksearch.org/topic/05-btc-prize-pool-lazycoins-signature-design-1001536)
I would recommend you to use the lazy coins exchange since it is based in the UK.
None of the GBP based exchanges have significant volume. The top of the page I linked to shows the top 6 GBP exchanges for volume.
https://bitcoinity.org/markets/localbitcoins/GBP
Today they are bit-x, coinfloor, coinbase, anxbtc, kraken, and localbitcoins, starting from the highest volume one first. I don't know what ID they require, but some of them have tiers which require progressively more ID to trade at. The lowest tier at the Kraken and bit-x only requires a phone number but you are limited to trading only a small amount of money each month at that tier.
https://bitcoinity.org/markets/localbitcoins/GBP
Today they are bit-x, coinfloor, coinbase, anxbtc, kraken, and localbitcoins, starting from the highest volume one first. I don't know what ID they require, but some of them have tiers which require progressively more ID to trade at. The lowest tier at the Kraken and bit-x only requires a phone number but you are limited to trading only a small amount of money each month at that tier.
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