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Topic: Please help newbie to go to market in the UK (Read 365 times)

legendary
Activity: 2212
Merit: 1008
well, as long as you have a credit or debit card with a visa or mastercard logo then you can buy bitcoin from anywhere. Coinbase is one of the exchanges that accepts bitcoin purchases through credit / debit cards, yes not only coinbase but there are many. And you don't need to change USD into GBP to trade because the system will automatically change it.

maybe this could be a reference: https://support.coinbase.com/customer/en/portal/articles/2949612-payment-methods-for-uk-customers
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
You can give a try to our exchange if you are from UK  Grin
jr. member
Activity: 175
Merit: 1
The most secure exchanger I know is coindeal. It's not from GB, but it has a Swiss FQF license, which is pretty rare these days.
CoinDeal is doing great. Their approach recently has been a huge superiority, I mean the issue with Bitmarket and their quick answer with the details about the brand and their security
jr. member
Activity: 82
Merit: 1
The most secure exchanger I know is coindeal. It's not from GB, but it has a Swiss FQF license, which is pretty rare these days.
newbie
Activity: 20
Merit: 3
I need your help please. I CANNOT send even to Coinbase Pro, although system shows on Coinbase I have ETH and BTC I am not able to send it out.
When I click send it asks me to enter recipient ETH address but at the same town down there there is "Available to send 0 ETH"
How long is it to wait to unblock this? Is it normal? When I was buying Bitcoin it said will be available on 6/23/2019?
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Thank you for your help again
I have XXXGBP on the Coinbase.
I have decided to buy a few assets like EOS, XLM

I have bought some Satoshi on Coinbase.

NOW Coinbase says it has SLM and EOS but how can I buy them? There is no way to buy - when I choose Buy the only availabe are BTC , BCH, ETH, ETC and LTC.
How should I act or maybe I should buy Ethereum for the rest of my money and go to Binance and choose those I want there?

I want also to buy other that are only on Binance.

Thank you

I'm not 100% sure but you can transfer your coins/money from Coinbase to Coinbase Pro, then buy the EOS/Xlm coins and then re-transfer it to your Coinbase account. But if your original plan is to buy some other coins on Binance, better to transfer there and buy directly from Binance without going by Coinbase Pro
newbie
Activity: 42
Merit: 0
Thats not a big problem.. last time i have exchange  my coins from swiss company.. their  services  are very  nice  and comfortable.. so you must try.. also check these.. bitmap, OSS SA.. also good for exchange..
newbie
Activity: 20
Merit: 3
Thank you but please reply my previous question that I sent today
member
Activity: 322
Merit: 20
Donating 10% to charity


I have a Lloyds account and I've sent to Coinbase without any trouble. It was all of £10.

Read the article. It's about credit cards and most other banks have done the same. Transfers are fine. I can't remember what I put in the name field but I also don't remember having any trouble with that.

Coinbase were banking with Barclays but their faster payments seem to on hold for now to Coinbase Pro at least.

Yeah Coinbase works pretty nice for Europe, we have yet to see how would that platform for the U.S. work.

I think that i saw this question before, it's pretty simple to do in those developed countries. For everything else localbitcoins do wonders.
newbie
Activity: 20
Merit: 3
Thank you for your help again
I have XXXGBP on the Coinbase.
I have decided to buy a few assets like EOS, XLM

I have bought some Satoshi on Coinbase.

NOW Coinbase says it has SLM and EOS but how can I buy them? There is no way to buy - when I choose Buy the only availabe are BTC , BCH, ETH, ETC and LTC.
How should I act or maybe I should buy Ethereum for the rest of my money and go to Binance and choose those I want there?

I want also to buy other that are only on Binance.

Thank you
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
Coinbase is also the best choice for me. I have a friend based in UK and he has been using it for months without any hassle. Transactions were done smoothly. In our country, we're able to transfer funds from our local wallets to banks. Just try the given advises above and choose which will work fine for you.
newbie
Activity: 1
Merit: 0
you can use paxful or localbitcoin to buy bitcoins in UK as well
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
Oi lad! You can always give a try to use our services, we are located in the UK  Wink
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I choosed Coinbase,
please help me, has LLOYDS Banned the bitcoin buying? What UK bank can I buy it from. I have another account at Barclays. ANy help here?
Apart from that to do a transfer from the Lloyds you need to give a name of sender.

https://www.mirror.co.uk/news/uk-news/lloyds-bank-bans-customers-buying-11971501


I have a Lloyds account and I've sent to Coinbase without any trouble. It was all of £10.

Read the article. It's about credit cards and most other banks have done the same. Transfers are fine. I can't remember what I put in the name field but I also don't remember having any trouble with that.

Coinbase were banking with Barclays but their faster payments seem to on hold for now to Coinbase Pro at least.
newbie
Activity: 20
Merit: 3
I choosed Coinbase,
please help me, has LLOYDS Banned the bitcoin buying? What UK bank can I buy it from. I have another account at Barclays. ANy help here?
Apart from that to do a transfer from the Lloyds you need to give a name of sender.

https://www.mirror.co.uk/news/uk-news/lloyds-bank-bans-customers-buying-11971501


legendary
Activity: 2590
Merit: 3015
Welt Am Draht
What about cex.io.  Is it safe? I need to do a bank transfer from the UK bank. Is it legal and will it work? Is there less charges there?

Cex.io will have the same problem as most other UK based services, their banking will be somewhere else in Europe which means waiting several days.

Coinbase is the only major service with faster payments which means depositing in a couple of hours instead.

If you choose P2P instead of an exchange you'll be able to use faster payments as it's between individuals. Back in the day I preferred https://bittylicious.com for P2P stuff but premiums over the market price can get excessive sometimes. Other times it can match exchange prices.
sr. member
Activity: 1484
Merit: 276
I need to do a bank transfer from the UK bank. Is it legal and will it work? Is there less charges there?
I know few person who do bank transfers to buy bitcoin in various sites,tho they are not from UK but almost same laws  and policies apply on each bank around the world and hes not having any problem buying bitcoin using banks.You should not have any trouble  buying using bank transfers.
newbie
Activity: 20
Merit: 3
What about cex.io.  Is it safe? I need to do a bank transfer from the UK bank. Is it legal and will it work? Is there less charges there?
member
Activity: 322
Merit: 20
Donating 10% to charity
Past posts already gave you pretty nice answers about what to do in your particular situation.

I must say that you are really lucky of being located not only in a developed country but also in Europe. The amount of exchanges that are happy to offer services there is big so you can be relaxed and do things in an easy way as long as the exchange itself is having pretty good security now.

Don't go with the small ones because of two main reasons:

First: There is a really high possibility that some or most are scam.

Second: They probably don't have that much money to invest into security while starting.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Coinbase isn't the only option. There are other places like Coinfloor, Binance Jersay, Cex.io, an Wirex. It depends on how do you want to purchase.
If you want to use a card you can check Binance or Cex.io and the others if you want to use a bank transfer. They deal directly with GBP so you don't have to convert fiats
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