You are viewing a single comment's thread from:
RE: Crypto Exchanges: Fiat on/off ramps (Part 1)
The steep transfer fees I was referring to are the commission fees for transferring from dollars or Euros to Sterling, as I don't know of any exchanges that transfer directly from LTC to GBP (only the P2P ones). They're not massively steep, but steep enough to eat significantly into any value you make from the trade.
There are risks with the P2P methods, and I wouldn't transfer large sums of cash this way.
Have a check at the Coinjar exchange, I think (I'm not 100 percent sure), that they offer GBP account against the main Crytpos. However, if you are planning on bouncing out quickly, be careful, there is a 7 day lock up. So I would only suggest buying to crypto after the lockup has expired.
Ok - thanks for the tip!