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Martlet

Withdrawal method

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So as I watch the value go up more and more, I trying to settle on best withdrawal methods, so not to be left hanging if the market turns dramatically.  

Withdrawal always seems to have been more difficult than depositing (part of the reason for the price support imo).  I've heard so much bad about Coinbase that I want to avoid that, and I'm afraid meeting a chap in the pub for local coins isn't really sitting right when dealing with tens of thousands.  In the UK there is Coinfloor but they seem to have similar issue (poor support, deposit to Euro only) as Coinbase.  

I've read that CEX.io is more reliable and allows withdrawals back to credit card which is apparently trouble free (?!).  Must say just the website make me more happy with simple "buy" and "sell" tabs giving equal precedence to both.  

What have other people used for withdrawing?

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You can sell in GBP on Bittylicious and it is transferred to your UK bank but the price you can sell for is usually pretty low.

You can buy from some precious metal dealers with bitcoin.  Sharps Pixley is one in the UK.

 

This can also be quite costly. I bought 3 sovereign's from them & ended up paying £40 in fees for sending. Better than nothing though.

 

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On 09/12/2017 at 10:09, Goldhooked said:

You can sell in GBP on Bittylicious and it is transferred to your UK bank but the price you can sell for is usually pretty low.

You can buy from some precious metal dealers with bitcoin.  Sharps Pixley is one in the UK.

 

Was about to buy some coins from Sharps Pixley a while ago, decided to let bitcoin ride (good job eh?).  I'm not sure this is viable for £10k's and you have to sell the gold on.:D

I looked at Bittylicious a while ago and their rates are awful.  Mind you I think generally the sell prices are not what one expects from the published $ or £ rates, which can be inflated by buying on some select markets (BTC/KRW seems to be higher than others).

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