Transaction & Daily Limits

Our fees

We charge a small for every transaction made using a BCB ATM. Find out more in the fees section

KnowYourLimits

Transaction & Daily Limits for our customers

We have introduced levels to determine how much a customer can deposit or withdraw per transaction and on a daily basis. You can upgrade your level at any time by submitting the required documents for verification.

01Level 1: Limited Transaction

Buy Bitcoin with cash: minimum £5 - maximum £250 per transaction
£500 Daily limit
Sell Bitcoin for cash: minimum £20 - maximum £250 per transaction
£500 Daily limit

To advance to level 2 you need to go through a phone verification process where you register a UK mobile number to receive a verification code.

The verification process is handled by the ATM, you will need to choose Phone Verification when initialising a transaction. Once you are approved, you can start trading with Level 2 limits.

02Level 2: Phone Verification

Buy Bitcoin with cash: minimum £5 - maximum £500 per transaction
£1000 Daily limit
Sell Bitcoin for cash: minimum £20 - maximum £500 per transaction
£600 Daily limit

To advance to level 3 you need to go through an identification and address verification process where you upload personal documents that will be checked by our compiance team .

The verification process is handled by our compliance team and can take up to 48 hrs depending on how busy they are. Once you are approved, you will be level 3 and can start trading with Level 3 limits.

03Level 3: ID & Address Verification

Buy Bitcoin with cash: minimum £5 - maximum £1000 per transaction
£5000 Daily limit
Sell Bitcoin for cash: minimum £20 - maximum £600 per transaction
£600 Daily limit

Note: Please note that the daily limit is calculated per 24 hrs. I.e if you have reached your daily limit at 17:00 in the afternoon, you will have to wait until next day 17:00 to be able to trade again. Get Verified

04Our Fees

Transaction fees: We charge a flat fee of £10 per transaction to facilitate a buy transaction. This fee is non-refundable and will be charged from the first £10 inserted into the ATM

Commission rates We charge a commission percentage per transaction for buy and sell transactions at the rates shown below:

Buy: 8%

Sell: 2.5%

Disclaimer: We reserve the right to change our fees and limits at any time without further notice. Rates and fees are correct as of 1st January 2018

Bitcoin Fees explained

Want to know how Bitcoin fees are charged, read an in depth explanation from BitcoinFees.com

A simple guide to Bitcoin fees

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Tips for you

Don't forget to check the tips before trading.