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Isn't one of the largest Bitcoin exchanges, BitStamp.net, based in the UK? They list a UK address on there website, why don't they have these problems... 5 Ju
by pmorici 13y ago
Isn't one of the largest Bitcoin exchanges, BitStamp.net, based in the UK? They list a UK address on there website, why don't they have these problems...
5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom
- TomGullen 13y agoYes, but they run with international bank accounts. This means users of the service are often required to pay international transfer fees (was £25 for us). On the face of it this seems like a good solution, but it's another barrier for wider adoption. Also observe the gbp/usd value difference on a site like bitcoinaverage.com. It's often ~10% dearer when buying in gbp. This expensive price difference is caused by illiquidity and higher logistical differences when buying btc from a uk point of view. Uk buyers are suffering for it. It's not fair.
- deleted 13y ago[deleted]