Author

Topic: Crypto coin frustration (Read 567 times)

full member
Activity: 126
Merit: 100
December 19, 2013, 02:24:38 PM
#5
https://bitbargain.co.uk/ and https://localbitcoins.com/ are pretty easy to get going in the UK that is if your not looking to buy a huge amount - otherwise IDs and similar are required

I think you could arrange a cash deal on local for more than any of the limits.
sr. member
Activity: 308
Merit: 250
November 18, 2013, 06:18:33 AM
#4
you can also buy and sell to europeans on this site: https://www.bitcoin.de/de/r/zb9en9
newbie
Activity: 14
Merit: 0
November 18, 2013, 06:08:13 AM
#3
Thank you I will have a look at the website.
member
Activity: 596
Merit: 10
newbie
Activity: 14
Merit: 0
November 18, 2013, 05:48:04 AM
#1
Not really sure where this should be posted so if it is inappropriate please move it somewhere else.

I am new to crypto currencies.  I had heard about BTC but the whole thing seemed very complicated...mining etc - sounded a bit like Runescape (my son's teenage obsession!!).

I very much like the concept however the frustation is in the ability to actually purchase BTC/LTC etc in the UK.

There are lots of exchanges if you have the coin but for some reason you can't just go and buy it.

In the end I resorted to ebay and paid a premium, have also gone through the secondlife route and also bought altcoins which I exchanged for BTC/LTC - none of which are really straightforward.

With Ebay some people won't sell to you unless you have met certain criteria and with secondlife you lose a bit on the exchange process plus you have to wait a while to transfer your BTC.

I have also got some free btc through faucets.

Question: does anyone, from the UK, know of a site where you can actually buy BTC/LTC without having to jump through more hoops than a circus animal?

One site I visited even wanted my login details for my bank account...hmmm

Another one wanted 2 forms of Id and for me to take a picture of myself holding the id and a sign for the website whilst also having my hands in view!!!

This makes the whole process incredibly frustrating and will put people off.

To top it all off I forgot my BTC password for my computer wallet - much to the amusement of my husband and daughter - have now found, thankfully.

Maybe grey haired old ladies should leave the crypto world alone  Grin

Thanks for reading.
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