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I have a handful of BTC that thanks to the recent interest are now worth me trying to get back into GBP that I can spend. I've done a little research, but the only methods of converting my BTC into GBP that I can spend seem to involve hefty fees. What's the cheapest way of converting 4-5 BTC into GBP?

  • For small amounts you could be better off to buy some goods with it. en.bitcoin.it/wiki/Trade – RickyB Mar 26 '13 at 13:54
  • i would be interested in taken them on. let me know. it will take some time for local businesses to get into BTC conversions. – user3770 Apr 1 '13 at 12:30
  • I would also be interested in purchasing 1btc from you. Not an easy solution but worth noting - eBay users in the UK are willing to pay over-the-odds value wise for small denominations, which even after eBay fees works out at a greater profit than trading into an exchange. It's arduous though and up to you whether it is worth the effort. – George Pearce Apr 30 '13 at 11:55
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If you are in London, you could go to the local meetup group and sell them directly http://www.meetup.com/London-bitcoin-meetup/ and there is also https://localbitcoins.com/ Both ways people can pay you in cash, with no fees.

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