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Buying Bitcoin in the UK

Yacuna is an exchange based in London. You can buy, sell and trade bitcoin for litecon or dogecoin. Deposits are made with euro or pounds by SEPA transfers. Withdrawal fees are somehow high - £3 for GBP and €3 for euro.

Coinfloor is also based in London and is famous with his security, claiming that it has multi-signature cold storage for all bitcoin users. Deposits can be made only with SEPA bank transfers. Charge for withdrawal is £10, deposit is £5 for GBP. Other currencies also supported.

Is running a faucet website profitable?

Running a Bitcoin faucet can be great fun and can teach you a lot about how to run one. You learn the development, business and marketing aspects of the site, which are all invaluable skills to have.

But what you have to keep in mind when dealing with your own faucets is that while there are advertisers, and there are a lot of people that like to visit faucets, that does not make them profitable.

If you want to make money off your faucet, especially a lot of it, you will have to go further than just hosting a faucet. You need to come up with other services that it can be tied in with that will help with the money generation.

If you can do this, you can make a very successful site and everything can work out well!
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