Appologies if this is a repeated post but I have searched and found some info but I am looking for more.
Basically I am a small time miner and just mine as a hobby. I will probably never see a return on my bitfurys unless the price skyrockets but we shall see. I am currently mining about 0.01 bitcoins every couple of days and at current exchange rate only about £20 worth but I am curious as to the best way of exchanging these for sterling.
I have checked out sites such as local bitcoins which doesn't bring anything up in my area even when I try searching the whole of the UK so I guess I'm doing something wrong
I have made an account on bitbargin but to allow me to sell they want to charge me 0.1 BTC which isn't worth it as it will take me a month just to save to pay the fee...
Whenever I google, the site plus500.co.uk comes up but I havn't read anything on forums about people using it.
Anyone else in a similar situation?
EDIT: I have now signed up to localbitcoins and it is much clearer now as I have found they have an integrated wallet etc, is it a completely safe site to use? Any way to get scammed on there?