Bitcoin buy uk reddit
You can also buy bitcoin with cash by meeting the seller and making the transfer to your mobile phone on the spot. Bittylicious is a well-run site that facilitates peer-to-peer transfers without exposing you to the "wild west" presented by LocalBitcoins. You don't know who your seller is until you've initiated the trade, but all sellers are vetted by the site. Bittylicious won't allow you to make trades beyond a certain value until you've supplied sufficient ID verification, although smaller trades can go through without these requirements.
The site also offers a growing range of other cryptocurrencies and is one of the easiest ways to get started. Coinfloor have recently launched a peer to peer bitcoin marketplace called Coinfloor Market, with prices and liquidity sourced directly from their existing exchange. Unlike other peer to peer marketplaces, they only work with professional bitcoin brokers who have a long track record of successfully selling bitcoins in the UK and have passed through their strict vetting process.
Arguably the exchange with the most liquidity ie. The site is regarded as trustworthy, publishing public audits of its assets every few months, and processing transfers out from its cold storage three times a day.
It operates what's called a maker-taker fee model , whereby fees are charged according to whether you add liquidity to the order book "maker" , or "take" liquidity away. So, if you place an order below or above the market rate you are defined as a "maker" but if you simply place at order at market rate you are defined as a "taker".
To be fair, the dude did eventually express something resembling remorse. And that's a smart realization. But what if she had quit her job? And then what if his extremely risky investments tanked?
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