Buying bitcoin, ethereum and other cryptocurrencies with British pounds (GBP)


#1

Poll: Crypto asset storage :bank:
#2

Ethereum Classic (ETC) incoming :soon:


#3

@Diversify Cool, thanks. What do you think about Ethereum Classic?


#4

There’s a nasty scam in that Tweet thread by third parties with usernames etc that are similar to the original poster. Seems like people are falling for it as well.


#5

I’ve no real affinity for ETC tbh but have been holding it on Abra since Coinbase confirmed they’d be adding support for it. Will dump it as soon as I’ve made a decent return (nothing major as the amount I’m speculating with is nominal) as will many more I imagine. I’d draw the analogy of it being what BCH is to BTC but with less controversy.

Also, unfortunately the scams are common in the crypto twittersphere so just ignore those.


#6

We’ve also taken major strides towards our goal of making Coinbase the most trusted and compliant brand in the space. These steps include obtaining an e-money license for our fiat operations from the Financial Conduct Authority (FCA), adding support for the Faster Payment Scheme, and becoming the first cryptocurrency trading platform to obtain a bank account with a major UK bank.

Inspired by the blogpost (emphasis mine), @freetrade_cal are these strides that Freetrade have made, are making, or even need to make, too? (I should probably know this already, but I’ve forgotten).


(Vladislav Kozub) #7

Hey Theo, hope this will partly help:


(Alex Sherwood) #8

It’s here(ish) :tada:


(Calum McWhir) #9

Anyone actually managed to do this yet? Seems they’re rolling out gradually. I don’t have the option for a UK linked account yet.


(Danny Jeremiah) #10

No I’ve been checking a couple of times a day and no luck yet.


#11

Just done it now, waiting for the funds to make their way to their UK Barclays account.


If it’s enabled on your account, the Deposit button under Accounts > GBP Wallet > Deposit will be enabled and clickable.


#12

Yeah mine’s there too. Though I dunno if I’ll be buying any more cryptos for a while.


#13

We have received your deposit of £… on August 09, 2018 and funded your Coinbase account.

That was quick.


#14

Poll: Crypto asset storage :bank:
(Alex Sherwood) #15

More interesting news from Coinbase, I know the hardcore crypto fans probably won’t like this but it’s good to have more ways to access cryptocurrencies in my opinion :smile: