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Discussion about Bitcoin. BitcoinSV restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale on-chain. BSV will maintain the vision laid out by Satoshi Nakamoto in the 2008 white paper - Bitcoin: A Peer-to-Peer Electronic Cash System.
Good afternoon, Experienced buyers from UK. Is there a guide which I could follow to purchase bitcoins in the UK and be aware of the security side of it. Also I wanted to ask the same for the selling perspective of it too. Thank you very much for looking.
Buys bitcoin with a stablecoin (i.e. cash to stablecoin to bitcoin on the same day)
Compared to buys bitcoin directly from a vendor (online)?
Also, I've heard of the bed and breakfasting rule and wonder how this applies if a person cashes out their crypto into a stablecoin one day and then the following week converts it back into bitcoin due to favourable price conditions (i.e. convert to stablecoin when bitcoin price is high, then buy back into bitcoin when the price is lower, but within the same month).
Instacoin UK - £10 reward (same day) for £100 bitcoin purchase
What is Instacoin?
Instacoin is a website which allows you to purchase bitcoin with your Visa or MasterCard. It's been tried and tested by several beermoneyuk users already (including myself), and everyone seems to have had a positive experience. So thought I'd put the opportunity back out there for those still on the fence, or who might have missed it. The site are currently running an offer where if you purchase £100 worth of bitcoin, you get £10 bitcoin extra immediately after! The whole process (including receiving your £100 back in your bank account) should take less than one hour from sign-up, as verification and the transaction itself are both very quick.
Verify your account (driver's licence, passport or gov issued I.D)
Click buy at the top of the dashboard and select BTC, with a purchase amount of £100
Enter your crypto wallet address (if you need help getting set up with a crypto wallet, read my detailed guide here!)
Pay using your Visa or MasterCard
That's it! The £100 of BTC will reach your bitcoin wallet usually within 15 minutes or so, at which point you're free to sell it to GBP (I recommend Coinbase Pro for low fees) and withdraw to your bank account. The £10 bonus you receive in the form of a code in your email after the £100 of BTC is sent. Click the email link, enter the code, provide your wallet address again and you'll receive your £10 of BTC profit :) Only a £1.25 fee on the BTC purchase, so a quick way to make a tidy profit. Especially if you're already set up with a bitcoin wallet. Feel free to share your own ref links in the comments, (there's an additional £10 reward for every person you refer! - received at the end of the month) Please ask if you have any questions. Happy to help. PROOF OF £10 REWARD
Which exchange to use to purchase Bitcoin with fiat money in the UK?
Hello, wondering with exchange people would recommend for purchasing BTC in the UK. I already have a wallet and the main purpose of this will be to make purchases online. I will only be converting a small amount ( Around £100) and therefore I am looking for a exchange that is more time efficient than cost saving.
Hey y'all, So basically I lost my passport a while ago and dont have a driver's licence, my birth certificate isnt enough nor is an old passport (obviously) and i need to purchase some bitcoin, only of about £50 value to make an online purchase. Is it possible to buy bitcoin online without requiring photo ID? I have an edge wallet and was using Simplex to buy before and it didnt need an ID but now it does for some reason, not sure why. tldr; Don't have an ID, need to buy some bitcoin. Any help is appreciated. Oscar
We are expanding our Bitcoin Savings platform to the UK to allow GBP to BTC purchases and we would love to have some UK test users.
Hi everyone my names Matt, i'm part of the team at MyBitcoinSaver a savings platform that allows you to buy Bitcoin on a regular basis with automatic bank payments of up to $2000 a week. The way our service works is really simple. You sign up and get verified. We then give you a unique reference number that you put in the reference field of your bank payment. You set payments to go out on a Monday and then we bulk buy Bitcoin on the exchange and deliver Bitcoin to your nominated wallet that Friday. (this 5 day delay is from being based in NZ and having to wait for international bank transfers to the exchange after we receive our users payments but we will be shortening this for the UK) The idea is to use a dollar cost average strategy when accumulating Bitcoin. We also offer a cash-out service where we will buyback any amount of Bitcoin you have saved through us at the Market Rate. We started in New Zealand in 2014, being one of the first Bitcoin businesses and have since grown to be one of the largest and best reviewed Bitcoin companies in NZ. We are a fully registered Financial Service Provider. We are on the hunt for 20 or so UK test users to help us out with our UK testing. The incentive we're offering is that you will be able to use our platform with zero fees for life if you become one of our test users. Please note that we will need to verify you like all exchanges, so we would need to see a Govt issued i.d. and a utility bill or bank statement with a proof of address. Happy to answer any questions you may have. Please email me at [email protected] if you're interested. Thanks!
I seem to be unable to buy bitcoin. I have tried using my debit card through Blockchain but is is consistently rejected. I have spoke to my bank and there is no block on the card. What is the best way to buy and maintain a wallet as a UK user who will eventually sell in GBP? I have a revolut account if that is of any help. Thanks.
Bitcoin is the world’s oldest and biggest digital currency by market cap. Created in 2009 by an unknown person (or persons) using the alias Satoshi Nakamoto, Bitcoin is a form of decentralised electronic cash designed to provide a viable alternative to traditional fiat currency.. Rather than having to deal with a centralised authority such as a bank to process transactions, Bitcoin holders How and where to buy bitcoin in the UK There are many ways of buying in to the bitcoin boom. Dominic Frisby looks at the most common, and explains exactly how to buy bitcoins in the UK. Buy Bitcoin online with your credit card or debit card. Buy Bitcoin Cash (BCH), Bitcoin (BTC) and other cryptocurrencies instantly. Our guides makes it easy! Own Bitcoin in just a few minutes. Create an account. Get started is fast, secure, and designed to keep your personal info safe. Verify your identity. To prevent identity theft or fraud, you’ll need a photo ID to make sure it’s really you. Buy Bitcoin. Get started with as little as $25, and you can pay with a debit card or bank account. Bitcoin lost more than 50% of its value within 2 months from December 2017 to February 2018. There are 169 Bitcoin ATMs in the UK with 110 of them being in London. To buy an average priced house in the UK, it would cost you only 45 Bitcoins, the equivalent of £227,871.
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