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I got this via coinbase when I use my account solely for buying items via bitcoin, I fund my account via my uk bank account which I then buy btc then send to the sellers address as far as Im aware there’s nothing wrong with that no? Not unless im making a gain which im not
How do I buy and sell bitcoin legitimately in the UK on websites like Paxful a asked Localbitcoins?
Okay so I've been trading a little while on LBC and I've been semi successful and I've enjoyed doing it, until people have started targeting me and reversing payments... As some of you will know this is intensely annoying, the bank will lock up your account until the investigation is closed and they might even close your bank account altogether. Yet, there are people on LBC who operate within the UK just fine. How do they do this? What is the process that needs to happen to be able to trade and be sure that your account won't be locked up if someone tries to reverse a payment? I'd like specifics if anyone can provide them but I have a few specific questions: What business account bank should I use and why? I've heard Enumis and Clear Junction are popular. I know I need to be regulated by the FCA if I want to start trading consistently with large volumes. Will being FCA approved effect the way I trade to any large degree? Will it prevent people from locking up my account by reversing payments etc? Any other comments from UK based professional traders on Localbitcoins or similar P2P trading sites would be appreciated.
Saw this while cycling my bike on the UK. Don’t quite get why you’d buy a house if you had 250 bitcoin but still, interesting and great to see even if it looks dodgy and scam like (I checked out the website and it didn’t exist)
I am 16 years old living in the UK with a bank account with ability to send and recieve, I am looking to buy £200 worth of bitcoin without providing age verification, and then sending that bitcoin to a seller on shoppy.gg, is this possible and how would I go about doing it?
Hello, my friend has sold his holiday home in the US and received payment to his US bank account. He is NOT a US citizen, however. It's taking an absolute age for his $ to be converted to his home country £. Now, he wants to buy some BTC. What are his options? Is he able to use US crypto exchanges fairly easily? I use Bittylicious in the UK myself, so something similar to that would be great.
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