Bitcoin Or Bust: Taking British Banking Out Of Exchanges

List of UK organisations who take Bitcoin

I have set up this thread to record all the UK organisations that are taking Bitcoin. This first post will be regularly edited to keep the list up to date.
I find it frustrating that I cannot spend my BTC in more places in the UK! So I have personally been targeting local organisations to tell them about Bitcoin and provide them with support to start accepting it; many of the names listed here are a direct result of my efforts mainly in Brighton and London.
I hope this list will encourage other organisations in the UK to start accepting Bitcoin as a form of payment. So if you take Bitcoin and are not listed here please post and I will add you. We want to hear your story.
CoinMap.org shows organisations on OpenStreetMap who accept Bitcoin. Its a wiki map so if you're organisation is not shown hear you can add yourself for free.
A list of wallet and payment methods can be found here if you want to set up your organisation to start taking Bitcoin. Selection Criteria:
MetaLair have also created some leaflets to help promote Bitcoin to organisations. These are currently available for global%2026.03.14.pdf), UK%2026.03.14.pdf) and Brighton%2026.03.14.pdf) organisations. They are provided as free to use; so please print these and start canvassing organisations near you!
This is list is maintained concurrently with its original on BitcoinTalk.org.
Please be aware some websites may contain malware that could steal your cryptocurrency. No assertion is given for the authenticity of the organisations listed here or quality of the goods and services they provide. Myself and reddit.com cannot be held responsible for the contents of other websites.
If you like what I'm doing or have benefited from my efforts please consider donating to MetaLair, they need your support.
submitted by No_2 to Bitcoin [link] [comments]

How do you make FREQUENT moderate sized cash deposits into Bitcoin exchanges from the UK?

Okay, to begin with I have spent quite a lot of time looking for an answer to my question and I cannot seem to find an adequate answer. Therefore, I thought I would make this post to try and get some answers for myself, but also for anyone else in a similar situation (who I am sure must exist). Hopefully this post will also provide some information for people who are interested in the hurdles to overcome buying bitcoins from exchanges in the UK, I would recommend to just use localbitcoins or IBWT maybe. It's a lot easier and the rates are usually not much more. Unfortunately that is not an option for me and I need to use exchanges. The specific question is as follows:
If someone wants to make transfers of a couple thousand £s, say 3 times a week into bitstamp, what is the best way to do this from the UK?
So I have written off the following options but please correct me if I am wrong:
1) Transfer directly from my UK current account: I have done this and besides from the ~ £15 charge and poor exchange rate, I have read on numerous posts that the minute banks notice you are sending money to bitcoin exchanges regularly they freeze your account. Does anyone know what size transactions need to be for banks to become suspicious?
2) Use a transferwise type service: I previously used transferwise to send money to bitstamp, but they stopped allowing that back in like May I think. Apparently transfergo was working until recently. But it seems none of these work any more and I even saw someone suggest that all transfers to exchanges must come from your own account now. So that excludes this option.
3) Set up a Euro account with a UK bank: I went to a few different banks today enquiring about euro accounts. Although this would eliminate exchange rates and only requires a small monthly fee, none seem to allow transfers to be made online, they must be done over the phone. I suspected that it would arouse more suspicion actually speaking to someone every time I sent money to an exchange.
4) Set up an offshore bank account: Right so, with the help of google translate I have been looking into offshore bank accounts. So I started with Fidor bank as I knew they were bitcoin friendly due to new partnerships with Kraken (I think?), but turns out you need to be a German resident. I then looked at DKB and set up an application and realised you can do this from the UK. I got all excited until I read loads of posts on german bitcoin forums saying how DKB closed people's accounts for transferring money to exchanges regularly. Then I looked further east to polish and slovenian banks, i.e. the ones used by the exchanges, but it seems you must travel to these countries to set up such acccounts (which I may end up doing).
So, am I being paranoid about the British banks? Do they only freeze accounts with more much larger sized transactions? Are there any other foreign banks that can be set up online and are bitcoin friendly? Or... is this a lost cause?
Sorry for the rant, but this is driving me crazy. I understand that banks have concerns about money laundering but I still find it ridiculous that it is so hard for me to do something that is entirely legal.
submitted by otk47 to BitcoinUK [link] [comments]

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In Bitcoin We Trust has just launched and allows for easy purchase of Bitcoin for people in the UK using GBP/BTC as it’s main focus. It also allows for USD and EUR exchange. IBWT employs two factor authentication (2FA) and time-based one-time password algorithm (TOTP), for login, withdrawals, deposits and settings. Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. Joel Dalais, a virtual currency entrepreneur and the director of bitcoin exchange IBWT, said on cryptocoinsnews.com that LEOCoin was a "good example of what a pump and dump coin looks like." He We’ve rounded up the top Bitcoin exchanges to provide a list of who is operating as normal and who is not due to the transaction malleability problems and DDOS attacks. If you can help add to the list, add your comments below. Trading problems: Bitcoin.de Withdrawals suspended, confirmed on blog. Coinbase Transactions delayed, confirmed on … Continue reading List of Bitcoin exchanges Despite the UK government’s pro-blockchain stance, commercial banks have put a dozen or more bitcoin exchanges out of business by denying or withdrawing facilities. Without a fundamental change in approach, the banking sector will hamstring progress in this ‘bleeding-edge’ sector of fintech, forcing cryptocurrency entrepreneurs to work outside of the national banking system in the […]

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