RE: Powered up another 2500 STEEM.

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Powered up another 2500 STEEM.

in exyle •  6 years ago 

Hey, how are you getting fiat into cryptoland?

It seems Coinbase have blocked UK deposits and so i'm going to need to find another route. Cheers!

exyle
6 years ago by

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    • [-]
      ·  6 years ago (edited)

    Ah.. I fell out with Coinbase when they held almost 1000 Steller Lumens coz I sent them without a memo.

    'We process these things in 4 to 5 weeks'.. they retorted.. no amount of threatening / pleading/ begging worked.. 5 weeks later I had my Lumens.

    So now I use Wirex.. you dont need a card, just an account linked to your UK bank account.

    Buy LiteCoin via Wirex, and send it to Blocktrades which does the conversion into STEEM for you. In less than 5 minutes, you can buy STEEM and no more big bad Coinbase.

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    1 vote
    [-]
      ·  6 years ago (edited)

    Thanks, that sounds good to me.

    I have a Bittrex account and although cash doesn't seem to be an option in/out there, I'll likely move the LiteCoin to trade for BTC then out to STEEM when the time comes. I think BT is around 5% charge, and the exchange .1%...

    Cheers!

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      1 vote
      [-]
        ·  6 years ago 

      Use Kraken. Fast and safe

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        [-]
          ·  6 years ago 

        Kraken want proof of an address, which I don't have a present. Will likely head in that direction soon though, cheers.

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          [-]
            ·  6 years ago 

          Just don't buy ETH or BTC with Wirex. The charges are ridiculous to move it out.. I mean several dollars. LTC is around 8c.

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            [-]
              ·  6 years ago 

            Will do 👍🏽

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              [-]
                ·  6 years ago 

              changely doesn't work?

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                [-]
                  ·  6 years ago 

                Having read through the FAQ, i think it could - thanks :)

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                  [-]
                    ·  6 years ago 
                  It seems Coinbase have blocked UK deposits and so i'm going to need to find another route. Cheers!

                  WTF?

                  Then why not use a domestic cryptocurrency provider?

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                    [-]
                      ·  6 years ago 

                    Withdrawing is fine though.

                    Wirex is the suggestion, I think i'll be giving that one a go soon enough.

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                      [-]
                        ·  6 years ago 

                      According to @soyrosa , Bitvavo works well in Europe. Did you try it?

                      Posted using Partiko iOS

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                        [-]
                          ·  6 years ago 

                        Yeah the UK is being kicked out soon so it's a no-go there!

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                          [-]
                            ·  6 years ago 

                          Bitvavo worked for me in the UK

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                            [-]
                              ·  6 years ago 

                            hmm, was it a SEPA deposit? Over a certain amount?

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                              [-]
                                ·  6 years ago 

                              SEPA - just £20 to test it! Used a Revolut to translate into Euros first

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                                [-]
                                  ·  6 years ago 

                                Ahh, that's cheating 😁 Yeah I should probably get a Revolution card.

                                So no min limit of 10k then, cheers.

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                                  [-]
                                    ·  6 years ago 

                                  Come back Spain!!! 😂

                                  Posted using Partiko iOS

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                                    [-]
                                      ·  6 years ago 

                                    :D

                                    Going over today to attach a rope and start hauling!

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                                      [-]
                                        ·  6 years ago 

                                      I have a revolut account so I can do EU transfers, although, GBP deposits are still enabled in Coinbase Pro and they should eventually be back in Coinbase. I think you can deposit to CB Pro then withdraw it into coinbase (although CB pro has low 0.25% fees) =)

                                      K then. Nevermind

                                      image.png

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                                        [-]
                                          ·  6 years ago 

                                        Yeah a grand is fairly sizeable for a minimum isn't it?

                                        Was hoping for 50 quid here and there!

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                                          [-]
                                            ·  6 years ago 

                                          Yeah LOL. That's why I'm sticking with Euros. (Although I then move it to CB pro for them sweet sweet lower f£€$)

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                                            [-]
                                              ·  6 years ago 

                                            Hey @abh12345 I just read about these guys: https://www.coindirect.com/. I have not personally used them but for what I understand it looks like you are able to fund your account with UK pounds/Euros via a SEPA transfer without having to go through KYC. Hope this helps. Cheers.

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