Topic: where to cash out btc in the UK? (Read 652 times)
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I would definitely suggest either Localbitcoins or Paxful. You get much better deals this way.
There are a ton of demand for bitcoin right now which means that you could "post a trade" yourself, instead of responding to other people's offers. I would actually recommend you doing this, you are fully protected by escrow and you'll be able to be on the right side of the spread, meaning that you are able to sell your bitcoins above market rate. This usually isn't possible with exchanges. I'm a seller on LBC so i know this.
And the thing with exchanges these days is that they have really crappy support. This really isn't an issue at all with LBC and paxful support, which i know from experience is much more responsive.
No worries, all the best and gl!
There are a ton of demand for bitcoin right now which means that you could "post a trade" yourself, instead of responding to other people's offers. I would actually recommend you doing this, you are fully protected by escrow and you'll be able to be on the right side of the spread, meaning that you are able to sell your bitcoins above market rate. This usually isn't possible with exchanges. I'm a seller on LBC so i know this.
And the thing with exchanges these days is that they have really crappy support. This really isn't an issue at all with LBC and paxful support, which i know from experience is much more responsive.
Thanks for the advice people 
No worries, all the best and gl!
localbitcoins.com is your go to if you want to trade your bitcoins into fiat and vise versa the rate is much higher or lower depending on your trade but it is more secure than other online exchange.
Thanks for the advice people
What are the best exchanges/market places to cash out of btc to GBP?
Coinbase account is not functioning anymore. I have used coinbase in the past but at the moment they are not allowing buy/sell option.
Local bitcoins seems like a possible option.
Any ideas welcome
DaveyR
Well i think you can do cash out of bitcoins to GBP via skrill or neteller, they are from UK and i think you are familiar with them, it will takes cheap fees withdrawal because you are from UK. You can make deposit of bitcoins it will converted to GBP automaticly use rate of https://bitpay.com/ it is most best rate to convert bitcoins to fiat currency automaticly, skrill and neteller they are trusted services, i have used it although i am not from UK. Coinbase account is not functioning anymore. I have used coinbase in the past but at the moment they are not allowing buy/sell option.
Local bitcoins seems like a possible option.
Any ideas welcome
DaveyR
you can try https://www.coinfloor.co.uk/
0% trading fee, BUT high deposit and withdrawal fee.
0% trading fee, BUT high deposit and withdrawal fee.
Local bitcoins seems like a possible option.
That is good option.Any ideas welcome
If you have a paypal you can exchange BTC to paypal from some reputable member of this forum and withdraw it in you bank account.But for me localbitcoins is a good option.
What are the best exchanges/market places to cash out of btc to GBP?
Coinbase account is not functioning anymore. I have used coinbase in the past but at the moment they are not allowing buy/sell option.
Local bitcoins seems like a possible option.
Any ideas welcome
DaveyR
Coinbase account is not functioning anymore. I have used coinbase in the past but at the moment they are not allowing buy/sell option.
Local bitcoins seems like a possible option.
Any ideas welcome
DaveyR
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