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Best way for Converting BTC to GBP

post #1 of 2
Thread Starter 
Hi guys, I have been playing with crypto for a while now, and i have a small miner i am running. After a while of trading and mining i have around 0.2BTC i would like to convert into GBP(£), but I am struggling to see the best way to do this. I don't have utility bills with my name on it, as i am not a house owner, which unfortunate most sites want this to be able to withdraw any a money.
One way i have found is using BTC-e through paypal, then convert either USD or EUR to pounds on paypal, then withdraw to my bank account.
Does antbody else here go from BTC to £ regulatory? If so, how do you do it?
Thanks in advance to replies, of course if there is no way without loosing like 10-15% to fees on transfers and stuff then il just wait for bitcoin to become more widely accepted smile.gif
post #2 of 2
ello i have been wondering this myself.

I tried kraken but for whatever reason it didn't work, don't like paypal so don't really want to use that

https://en.bitcoin.it/wiki/Selling_bitcoins

Has a list of exchanges 3 of which have the option to pay direct to your bank account.

Think i will likely try Intersango (britcoin) on my next attempt. Though that will likely be a while as im currently pumping all mined coins into cloud mining.
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