Group CryptocurrenciesStarted by JD on 17/04/2015
British banks are restricting transactions with the crypto exchanges. I'm happy to say that Fidor offers a chance to get your funds out of these so-called risky endeavors using the Fidor Mastercard. Remember to set your card limit (if you are withdrawing more than the default) because this affects incoming transfers from the exchange.
Buster on 24.08.2017 at 13:17
German Fidor accounts can apparently instantly deposit cash into their Kraken account because Kraken is also on Fidor. Do you think that will ever roll out to UK Fidor accounts?
Lemon on 28.07.2017 at 19:37
Given that Fidor does not accept SEPA transfers in, how are people in the UK withdrawing fiat from Kraken? I currently have euros stuck in my Kraken account. I want to get them into my UK bank account as cheaply as pos.
Tangaroa on 06.05.2017 at 22:23
I joined Fidor bank to add funds to my Kraken account but Kraken is taking ages in verifying my tier 3 ID. So I am thinking of adding funds to my Coinbase wallet but due to the fact that Fidor bank does not have an IBAN I cannot use it for this purpouse. This leave me with the option of using my other bank account international transfer, which charges me tons.
I guess I would be happy to buy bitcoins from localbitcoins or coincut and deposit on my kraken or coinbase account.
1) Does anyone know of any other method to transfer money cheaply to coinbase?
2) Does anyone know of any wallet/exchange that accept transfers in GBP?
3) Why if the current market value of bitcoin/GBP (coinbase) is 1224.... coincut sells at 1284...? The £60 difference sounds a bit steep.
ANy comments, ideas, feedback welcomed.
mjrich on 20.09.2016 at 19:01
Do es anyone have any experience with digital currency taxation? Does every digital to digital trade need to be marked and taxed like in the U.S.A or does tax only apply to the money coming in to a bank from the act of selling digital currencies?
And does anyone know wether you would pay corporate/income or cap. gains if you were selling via an exchange or peer-2-peer exchange in to your bank account and not trading fiat pairs?
miaoux on 18.08.2016 at 16:05
If anyone is interested in buying non-bitcoin digital currency (altcoins) easily with GBP/£, now's your chance.
We've has just launched our service at Coincut.com which allows you to buy Monero, Dash & Ethereum. We also do bitcoins in case the boring sideways movement is your thing too ;)
JoelDalais on 27.07.2016 at 02:34
The market average can be found here - https://bitcoinaverage.com/#GBP
So if its £500, then that means I am selling up to 0.5 (£250) + 2% (£5). You don't have to buy the whole 0.5, you can just buy £10's worth, or more, etc, a minimum of £10 though (I don't want to make tons of <£10 sales).
PM me or leave a message, selling only through Fidor.
Fidor Tap card can't be verified when trying to add it to Circle & Coinbase accounts. How do you buy BTC/ETH?From csl on 22.07.2016 at 10:26
I'm really struggling with my Fidor Tap card at the moment. After initially setting up an account I ordered a Tap card in order to add a card to Circle or Coinbase to make buying bitcoin easier. But I can't seem to get the card verified. How have you dealt with this? Must I make a normal purchase first to 'initialise' the card? (e.g. At the supermarket, as I haven't used it apart from trying to add it to Circle/Coinbase.)
How have you used your Fidor account to buy crypto? Any tips on how to get this rolling? Thanks!
grouch on 16.06.2016 at 17:25
It seems Brexit, Chinese capital controls and other items are driving Bitcoin higher
JoelDalais on 06.06.2016 at 10:37
How to spot a scam coin - these are a few warning signs, but you should not limit yourself to just these warnings. This is not to say that coins with these attributes are definitely scams, but if they have these attributes then you should do extra due diligence.
1) Closed source code.
2) Developers own the majority of hashing.
3) The developers/backers/'investors' (all or either) are anonymous.
4) Comes with huge partnerships statements (mastercard/visa, etc), which so far, in 100% of cases is false.
5) States itself as 'the next bitcoin'.
6) Vastly overstates its market value (see https://coinmarketcap.com/).
7) Massive pre-mine.*
8) Zero technical capabilities detailed.
9) Technical capabilities are a clone of bitcoin with nothing extra (or very minimal, e.g. total/rate of supply).
*Note - a lot of times a pre-mine is a valid way for developers to fund themselves, but in combination with all the other factors is when you should be wary.
Feel free to add to this list.