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Essentially you want to start a cryptocurrency exchange? If that is true, you need liquidity for people to be able to buy these coins. There are two ways of going about it: Use a broker/third party exchange, such as Kraken.com or any other in your region and have your orderbook go through their's. You would have to price it so you are profitable however. ...


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however payment reversals are a problem with bank wire transfers. "Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost, value, and volume of transactions. Central bank wire transfer systems, such as the Federal Reserve's FedWire system in the United States, are more ...


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The usual way to do this is to use an escrow service that holds the crypto until the bank transfer or payment is deemed complete and irreversible - if the buying party attempts to reverse the payment, the escrow service would release the BTC back to you. There are organized services that do this, such as LocalBitcoins, LocalEthereum, Paxful, Counter Network,...


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Bitcoin acquired through mining are treated as income and subject to Income Tax at the appropriate rate (perhaps 40% if you also have a highly paid job). You'll need to declare this income in sterling equivalent. I believe you'll also be subject to NI contributions on those Bitcoin earnings. If earned Bitcoins subsequently increase in value, I suspect the ...


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