Topic: UKash GBP £60 to MtGox or BTC (Read 1663 times)

I thought that this was the solution I'd been looking for but unfortunately it doesn't work any more.

I bought a UKash voucher and converted it to USD but when I tried to use it at CashU.com the transaction failed with an unknown error.

I called UKash customer services and they said that UKash vouchers are no longer valid at CashU.com so I tried to convert it to EUR so that I could use the service at mercabit.eu but the conversion failed due to "suspicious activity" this then voided the whole voucher and so began the saga of trying to get my money back from UKash.

Four weeks later after countless email and telephone conversations and providing copies of my drivers licence and bank statement I've finally received a valid UKash voucher although it's still in USD and I'm forbidden to convert it to anything else.

Thankfully I've managed to find a few UK sites who would accept them so I've got some theatre ticket gift vouchers along with some tat from a gadget site which I'll be able to use as Christmas presents for family members / work colleagues.

I lost about £5 altogether so no biggie but it was a lot of hassle.

It looks like you can only convert your UKash vouchers to a different currency once so make sure you know the correct currency and that the site you want to use them at still accepts them regardless of whether they have the UKash logo plastered all over it.

From my personal experience, I'm done with UKash. I don't like it that a company I hardly know of has so many details about me now and that they have so much control over what I do with my "cash".

I'm putting this down to a learning experience - You win some, you lose some.

For anyone interested I managed to do the following: UKash website converted to USD
£60 = $92.32

I used CashU.Com to add the USD Voucher to CashU my CashU Balance:
$84.14

I then used Add Funds from MtGox and selected OKPay to then use CashU as a funding source

An Hour later MtGox in my USD account has a balance of: $75.35

The entire process took about an hour, the longest part was waiting for the OKPay to deliver the money to MtGox.

If I were to buy at the current MtGox market order at $10.52 I would get 7.28 BTC

so in the end: £60 UKash = 7.28 BTC

so 1 BTC = £8.24 UKash GBP done this way The current MtGox Market Buy is £6.74 so £1.50 per BitCoin more, a full 20%

So For anyone interested in offers with 15% or less fees for a quick conversion the math is def there for that.

Check you PM

Unfortunately, I think this will be a hassle.  Only place I ever found offering ukash to btc was a scam :-(

If you ever do find somewhere I would be interesting in hearing about it.

Cheers

I have a £60 UKash voucher and would like to get either a MtGox code so I can put an order in the book as and when I like, or possibly just BTC ASAP. I am looking at maybe splitting the UKash voucher using the website into smaller £20 chunks for safety and perhaps the same could be done for the coins carrying out 3 sends.

If anyone is interested in exchanging now please contact me!

Also any recommendations for a long term reputable site that can do this? UKash website lets me change currency so the £60 voucher could be $91 USD or €73

Regards