EXCLUSIVE DTube Video 56: UK BANK SIGNS DEAL WITH COINBASE!

in dtube •  7 years ago  (edited)


This is HUGE NEWS for people in the UK! A major UK Bank has made a deal with Coinbase, which will make trading Bitcoin in the UK possible! Prior to the agreement, UK citizens looking to buy or trade Bitcoin had to use a more indirect approach that involved converting pounds to euros. Read the article I mention in the video here: http://bit.ly/2HHtw7Q If you're new to my DTube channel check out my introduction video with 24 interesting facts about me here:

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  ·  7 years ago (edited)

The statement made in that article is incorrect, I live in the GB Region and there have long been methods to directly convert crypto into Pounds. Having said that, I did not find any that are UK based that had a sane pricing structure and so I currently use uphold.com which is not UK based but which allows crypto to be directly converted into Pounds.

They don't mention anything about the pricing structure as of yet and I also use Uphold thanks to you and they continue to amaze me with their low fees so thanks again for introducing me to Uphold!

you are welcome! having dealt directly with barclays in the past, I feel comfortable saying that any news about them should be regarded with scepticism ;)


In this sad market a game can be great to lighten the mood :) Come check out Chibi Fighters. No levelling required.
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Awesome news for us people from the UK! :D

It sure is :D

virtual money is now everywhere, thanks for the post.

It sure is! Thanks for watching!

Added to my follow list. Keep up the good work and what do you think of the current market?

I sure hope the current market is at it's lowest and is about to go up again :P

This is great news, thanks for the info, first I'd heard about it! There is actually a way to use Coinbase already for people in the UK to convert to pounds, with almost ZERO fees! The article mentions it briefly.

It involves the banking app Revolut and GDAX. If anyone reading wants to do this, there are tutorials on YouTube if you search.

It is a pain to set up at first and lots of steps but once you've done it, it gets easier after. I use it and pay literally pennies to buy and sell crypto and convert to pounds and put into my bank account - way cheaper than Uphold, which someone mentioned on this thread :)