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Topic: Buying bitcoins in the UK (Read 3186 times)

hero member
Activity: 1106
Merit: 521
December 21, 2015, 07:15:22 AM
#43
yeah for small amounts i use Bittylicious and only if paying by bank transfer.  localbitcoins for larger amounts.
hero member
Activity: 644
Merit: 500
December 21, 2015, 04:23:18 AM
#42
Coinbase is one of the bigger companies so yeah you are safe when you use them.
Their prices are actually quite (fees etc.). Even for withdrawals they don't charge you the jackpot.
Even Coinfloor is a London based exchange which allows you to buy and sell in GBP and Their bank account is in Estonia, so a wire transfer or SEPA payment is still required, but you will avoid the currency exchange costs. Bitstamp accounts are in USD, but if you use the wire transfer option, rather than a SEPA payment, they will convert your GBP at very competitive rates. Be careful with SEPA payments.Smiley
hero member
Activity: 616
Merit: 500
December 20, 2015, 03:45:02 PM
#41
Coinbase is one of the bigger companies so yeah you are safe when you use them.
Their prices are actually quite (fees etc.). Even for withdrawals they don't charge you the jackpot.
legendary
Activity: 3248
Merit: 1070
December 05, 2015, 03:43:26 AM
#40
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.

it must be done with a bot not manually, and fiat should already be there, when you see that you ran out of fiat you do another transfer the same day, not waiting for it to go to zero
Exactly. They have large amount of capital and are running  bot for arbitrage without time gap due to all of trading funds being ready in the exchanges. For the individual, we cannot profit it at all.

You have to trust the exchanges a lot to have many fiat /bitcoin in there. I only do short term trading in exchanges, so when I finish trading, I will withdraw my money.

if in the future they can guarantee an insucrance for your funds like coinbase, it can be done more comfortably, your money would e safe and leaving fiat there would only increment your profit

actually i believe that leaving fiat, already, in any exchange is more safe then leaving bitcoin, because the hacker can not simply transfer it to an address, he need a bank account etc....
full member
Activity: 193
Merit: 100
December 04, 2015, 05:01:37 AM
#39
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.

it must be done with a bot not manually, and fiat should already be there, when you see that you ran out of fiat you do another transfer the same day, not waiting for it to go to zero
Exactly. They have large amount of capital and are running  bot for arbitrage without time gap due to all of trading funds being ready in the exchanges. For the individual, we cannot profit it at all.

You have to trust the exchanges a lot to have many fiat /bitcoin in there. I only do short term trading in exchanges, so when I finish trading, I will withdraw my money.
newbie
Activity: 36
Merit: 0
December 04, 2015, 04:12:55 AM
#38
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.

it must be done with a bot not manually, and fiat should already be there, when you see that you ran out of fiat you do another transfer the same day, not waiting for it to go to zero
Exactly. They have large amount of capital and are running  bot for arbitrage without time gap due to all of trading funds being ready in the exchanges. For the individual, we cannot profit it at all.
legendary
Activity: 3248
Merit: 1070
December 04, 2015, 03:27:21 AM
#37
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.

it must be done with a bot not manually, and fiat should already be there, when you see that you ran out of fiat you do another transfer the same day, not waiting for it to go to zero
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 03, 2015, 08:41:52 AM
#36
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.
full member
Activity: 121
Merit: 100
December 03, 2015, 07:58:16 AM
#35
Hello

There are quite a few places to buy Bitcoins in the UK.

One place you could try which has a lot of different options is:

http://bittybot.co/uk/buy-bitcoins-uk/

If you look at the site it gives you the best price for bitcoins and it will have different payment options such as UK faster payment bank trasnfer on sites such as localbitcoins, solidi etc. Check it out!
 

Cheers
hero member
Activity: 518
Merit: 500
November 30, 2015, 08:42:06 PM
#34
Just wondering where all the bitcointalk UK members buy their bitcoins?

Sorry if this is has been asked numerous times already.


just try https://coinfloor.co.uk/
not many exchange in UK,but i think coinfloor will not disspointed you,and i think it have so many member in UK.
member
Activity: 68
Merit: 10
November 30, 2015, 11:12:57 AM
#33
I also use bittylicious, but am mainly selling bitcoin rather than buying.

legendary
Activity: 1050
Merit: 1001
November 22, 2015, 03:12:52 AM
#32
The problem is, British banks are reluctant to service bitcoin companies so many exchanges are having to bank elsewhere in the EU. In these cases, you'll have to put up with charges on international transfers like SEPA and often wait 2–5 days for your funds to arrive.
you might try this exchange :
https://coinfloor.co.uk/
https://www.coincorner.com/
newbie
Activity: 50
Merit: 0
November 21, 2015, 04:00:58 AM
#31
Sorry about that.
Igot is trying to resolve the problems so hard.


No igot is not scam.


That's lovely. I think I'll choose to trust the experiences of multiple users rather than one sentence from your fine self. If they're not scammy, they're certainly unacceptably slow to respond when there are problems.

legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
November 20, 2015, 05:27:13 PM
#30

No igot is not scam.


That's lovely. I think I'll choose to trust the experiences of multiple users rather than one sentence from your fine self.


And a pretty illiterate one sentence at that.
The stress of making up new excuses must be taking its toll on Mr. Day's grammar, he was quite eloquent when he was making up stuff explaining the situation three months ago.

http://www.coindesk.com/bitcoin-exchange-igot-challenges-scam-allegations/

So, if you are really Rick Day, how about starting a new igot thread and telling people exactly what happened and what is happening now?
That is, if you hold out the slightest hope of ever being trusted again.
The way Bitcoin 'entrepreneurs' think they can fuck people about that trusted them, REALLY PISSES ME OFF.
legendary
Activity: 1848
Merit: 1000
November 20, 2015, 05:13:14 PM
#29
Bittylicious is very easy and hassle free and accept faster payments but I think when you first sign up you are limited to a certain amount of bitcoin until a few purchases are made.
sr. member
Activity: 307
Merit: 250
et rich or die tryi
November 20, 2015, 05:06:01 PM
#28
i bought from bitstamp, was a pain-free transaction. it was kind of annoying to get my head round at first but it payed off in the end.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
November 20, 2015, 05:03:38 PM
#27

No igot is not scam.


That's lovely. I think I'll choose to trust the experiences of multiple users rather than one sentence from your fine self. If they're not scammy, they're certainly unacceptably slow to respond when there are problems.
newbie
Activity: 50
Merit: 0
November 20, 2015, 03:02:27 PM
#26


No igot is not scam.


Try igot
It is the best exchange to trade in UK and British Pound.


Why are you recommending an exchange that not only is (maybe) in Australia but which also has a ton scam accusations against it?
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
November 16, 2015, 05:06:38 AM
#25
I have a friend who is using
cryptopay.me

Prices are a bit high IMO but it's a good service, working flawlessly since a while now. YOu can also apply for a very handy BTC debit card.
AML/KYC is mandatory as far as I remember.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
November 15, 2015, 08:04:28 PM
#24

Try igot
It is the best exchange to trade in UK and British Pound.


Why are you recommending an exchange that not only is (maybe) in Australia but which also has a ton scam accusations against it?
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