I guess I'm writing this mostly due to frustration. But also wondering if anyone else in the UK is having issues buying/selling or day-trading btc or is it just me? Also are there any UK based exchanges using faster-payments that I am unaware of?
Share ur experiences people
UK here ive done a little trading, i first moved money into gox and moved BTC from there, went to BTC-e, Bitfinex and others. Banking is very difficult for us. We have UK exchanges like coinfloor but you still have to SEPA transfer your money i think.
yep thought so, thats my issue. Not quick and easy, For instance Im sure being in the UK you are aware of bittylicious where you can use faster payments and buy btc in about 10 minutes. was just about setup on another exchange (Safello I think) but just as my account was verified the UK shut down their faster payments arrangment. This is why I was going to use coinbase to essentially increase my btc amount. SEPA etc is just too much hassle especially when Im not trading obscene amounts of money.
Ok Ill look into coinfloor thanks for reminder, I didn't bother as it was SEPA but I guess for now UK residents lke us don't really have a choice