Hello my friend,
Binance was flawed from the start but yes most high street banks are clamping down on BTC purchases as we all know.
Coinbase is a good shout if one wants to use let’s say a Monzo or Wirex account to buy smaller amounts of BTC (£100-£500)
Stay away from Revolut at all costs the horror stories just keep piling up on dw forums around the net
There are many that will sell you BTC for another commodity but unless you know them personally or have established a relationship online over time be very careful
The end goal here is to buy whatever amount you want and get it on a cold storage wallet ASAP.
Trezor or Ledger preferably, these devices only cost around £150 and as long as you don’t loose your key / password your BTC will be safe and sound
If you have friend who’s an electrician “wink wink” then there’s still time to set up a few antminers or build some yourself and get mining.
Then obviously there the option that you could supply a service that generates BTC
Basic start….
Coinbase account
Wirex / Monzo account
Pair them together
Keep BTC buys under £500
Store BTC in cold wallet
Objective is to buy BTC and store it in a cold wallet so if HMRC ever do come knocking you have obviously lost it and are devastated
Love OV ❤️
Binance was flawed from the start but yes most high street banks are clamping down on BTC purchases as we all know.
Coinbase is a good shout if one wants to use let’s say a Monzo or Wirex account to buy smaller amounts of BTC (£100-£500)
Stay away from Revolut at all costs the horror stories just keep piling up on dw forums around the net
There are many that will sell you BTC for another commodity but unless you know them personally or have established a relationship online over time be very careful
The end goal here is to buy whatever amount you want and get it on a cold storage wallet ASAP.
Trezor or Ledger preferably, these devices only cost around £150 and as long as you don’t loose your key / password your BTC will be safe and sound
If you have friend who’s an electrician “wink wink” then there’s still time to set up a few antminers or build some yourself and get mining.
Then obviously there the option that you could supply a service that generates BTC
Basic start….
Coinbase account
Wirex / Monzo account
Pair them together
Keep BTC buys under £500
Store BTC in cold wallet
Objective is to buy BTC and store it in a cold wallet so if HMRC ever do come knocking you have obviously lost it and are devastated
Love OV ❤️
