Buy Bitcoin in UK

Buying Bitcoin

I have purchased a few bitcoins from a couple of different sources, unfortunately the easiest one to use Circle no longer allows purchase or sales. I have discovered the best prices to be on the exchanges and it can be a little daunting. I traded currencies in the distant past and you can quickly lose your money.

Now if you are looking for a bargain you can place a limit order where you specify the maximum amount you are prepared to to purchase say for example I BT @£622 . If you use Kraken you will see the last traded rate and the max and min for the past 24 hours. At the moment with the bitcoin rising in value I will buy at minimum. If you do not put a limit on you order will be filled at the market rate. A limit order will remain open until the market reaches the level you set

One think I did notice is that any numbers of traders will help fill the order

03-12-16 09:10:24 +0000	buy/limit	XBT/GBP	£613.000	1.55366297	£952.395
T3BIOXW	03-12-16 09:09:03 +0000	buy/limit	XBT/GBP	£613.000	2.00000000	£1,226.000
TLW713	03-12-16 09:06:24 +0000	buy/limit	XBT/GBP	£613.000	0.00410000	£2.513
TKO45Y	03-12-16 07:46:59 +0000	buy/limit	XBT/GBP	£613.000	0.04330000	£26.542
TIQEls	03-12-16 07:44:47 +0000	buy/limit	XBT/GBP	£613.000	0.04550000	£27.891
TLZGP7	03-12-16 07:26:56 +0000	buy/limit	XBT/GBP	£613.000	0.04780000	£29.301
TAKDNA4	03-12-16 07:17:23 +0000	buy/limit	XBT/GBP	£613.000	0.01540000	£9.440
T74KP2	03-12-16 07:10:13 +0000	buy/limit	XBT/GBP	£613.000	0.05030000	£30.833
TJTGpQ7	03-12-16 07:07:39 +0000	buy/limit	XBT/GBP	£613.000	0.10640000	£65.223
TTLEKZ	03-12-16 07:00:13 +0000	buy/limit	XBT/GBP	£613.000	0.02030000	£12.443
TVWKAGK	03-12-16 06:55:21 +0000	buy/limit	XBT/GBP	£613.000	0.15060000	£92.317
TJ7MAI	03-12-16 06:55:05 +0000	buy/limit	XBT/GBP	£613.000	0.02580576	£15.8

If all the above sound to difficult you could go to a site such CoinCorner who are based in the IOM they will accept debit cards or bank transfer but the rate they offer is £703 compared to Kraken high for the day at £639 which to me is too costly, the reason being they have affiliates to pay.

Another site in the UK I might consider is https://bitbargain.co.uk/ Here you will find private traders will to sell on set terms using escrow accounts for buyers and seller rates currently offered @ £644

It looks easy to use but trader terms will include identity checks or proof of previous trading. but at the moment it would be my my first option for small amounts  at Kraken involves International Bank transfer cost.

Now you may ask why I am buying bitcoin at the moment, well it is increasing in value so could be a good investment. However I need them to crowdfund an ICO from MyCryptoWorld, which has a lucrative offer at the moment which is going to be explained on Friday.  The ICO closes on 31st December by which time all tokens have to be paid up in bitcoin.

Take the first step now  by registering your interest at  http://information.cryptocoin20.com/

Then come to our webinar @ 1000 MT on Friday

Join our live Webinars and special guests: Events and Webinar logins on the Markethive calendar:https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

David Ogden
Owner @ My CryptoWorld

 

Steven Cavan