Author

Topic: Easiest Way on BTC to GBP using Bank Transfer or PayPal? (Read 689 times)

full member
Activity: 168
Merit: 100
localbitcoins.com is a place I use regularly, or you could try maybe bittylicious. The latter require you to be a trader and have some regular vol, so if you're not going to be selling regularly, maybe not for you.
hero member
Activity: 742
Merit: 502
Circa 2010
I would advise agains using Paypal as there is quite a reasonable chance that you'll get a chargeback if you don't trade with a reputable member. Even then you'd probably be better off using localbitcoins or a bank transfer as it's safer.
member
Activity: 81
Merit: 10
just sell your btc for £ on localbitcoins.com, easiest way without getting zapped with fees  Smiley
newbie
Activity: 17
Merit: 0
Basically, at some point in time, I would need to transfer BTC to my bank account in some way. The problem is that I live in the UK so I cannot use services such as Dwolla and Coinbase because they need a US Phone number, ZIP codes etc which, for obvious reasons, I don't have and Bitbargain charge 0.1 BTC (or around $70-80) to register which is a huge amount of money. So, is there any other way on transferring BTC to GBP easily? Also, I would like to mention that I probably wouldn't have a lot of BTC (<0.5 at most) so selling it would be unpractical. I don't mind going from BTC to other currencies first, then that currency to GBP as long as the fees are low and that there is a way on storing the other currency.


Thanks  Grin

Kevin
Jump to: