So I was looking into making an account at coinfloor when I read

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Anonymous
2017-09-16 05:34:43 Post No. 3503692
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Anonymous 2017-09-16 05:34:43 Post No. 3503692 [Report]

So I was looking into making an account at coinfloor when I read this

>Please note that fiat withdrawals are sent via international wire transfer and you will need the BIC/SWIFT code and IBAN of your UK account. It takes 2-5 business days for withdrawals to clear in your bank account.

What's the point of having an exchange based in the UK if the funds are clearly being held in a different country? I may be wrong, but doesn't this mean the funds are outside UK jurisdiction? What am I missing here?

Anonymous 2017-09-16 06:03:06 Post No.3503983
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Anonymous 2017-09-16 06:03:06 Post No.3503983 [Report]

>>3503692
They accept GBP without an exchange fee. It doesn't matter that the bank is in poland. Their rates are good but you have to deposit a minimum of £1k

Anonymous 2017-09-16 06:15:37 Post No.3504115
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Anonymous 2017-09-16 06:15:37 Post No.3504115 [Report]

>>3503692
They are good for day / swingtrading as they don't charge fees.
You can deposit BTC if you don't want to deposit more than £1k or use their escrow service.
If you just want to buy or sell bitcoin then use localbitcoins.com

Anonymous 2017-09-16 06:15:45 Post No.3504116
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Anonymous 2017-09-16 06:15:45 Post No.3504116 [Report]

>>3503983
Thanks. I also had no idea of the 1k minimum, their website doesn't mention it, ill look for a different one because still a poorfag.

Anonymous 2017-09-16 06:20:10 Post No.3504160
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Anonymous 2017-09-16 06:20:10 Post No.3504160 [Report]

>>3503692
tax evasion using offshore accounts. many many companies do that including microsoft, apple, intel, etc...

Anonymous 2017-09-16 06:22:07 Post No.3504179
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Anonymous 2017-09-16 06:22:07 Post No.3504179 [Report]

>>3503692
>>3504160
Simple reason why they don't have a UK bank account option is that UK banks are dinosaurs that don't like bitcoin.

Anonymous 2017-09-16 06:27:03 Post No.3504219
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Anonymous 2017-09-16 06:27:03 Post No.3504219 [Report]

>>3504179
Semi-related question. Do banks in Jersey, Isle of Man or Gibraltar count as domestic bank accounts? I mean can I open an account in a bank in those places and use a debit card in Britain just as if it were one from Barclays, Lloyds etc?

Anonymous 2017-09-16 06:41:27 Post No.3504337
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Anonymous 2017-09-16 06:41:27 Post No.3504337 [Report]

>>3504219
No idea sorry

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/