Other ways to get Btc into £ in UK...?

KasinoKing

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Anyone got any suggestions how to withdraw relatively large amounts of Bitcoin into GBP in a British bank?
(I'm talking £X,XXX worth at a time)

Currently my transactions go through Coinify - but they are starting to really piss me off with their Source of Wealth bullshit, asking me to jump through an ever increasing number of hoops :mad:
I have already given them my FULL back-end earnings statement from one operator AND the Btc addresses for every payment I received last year, which they asked for. But now they are asking for even MORE details!

Anyone got any alternative withdrawal method suggestions?
Cheers,
KK
 

eenzoo

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With a warning - give Revolut a try. Bitstamp is whitelisted there.
But expect that Revolut will ask about SoF docs at some point too (after 30k in my case).
But as long as it works, it works perfectly
 

Frank

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it's the norm once you start getting large amounts you need to justify it.. if you are invoicing should not be a problem. the best route would be to use a corp tha way you can take advantage of all the tax benefits but you will have more paperwork
 

metropot

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about a year ago i found my mate at paxful.com, we successfully deal BTC=CASH on amounts you mention, currently i see many offers to Cash, or Local Banks in there live.
Good luck KK!
 
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