Cashing Out Zerps to GBP

[Stormtrooper1xrp]

As most of us are holders of XRP has anyone got a XRP/GBP exit strategy should the price (moon) sorry I also hate the lambo/moon references.

Especially when your funds are on Ledger Nano and not on exchanges.

Your thoughts would be appreciated. 

[Inequivalent]

Cash out on xrp/usd exchange like bitstamp, set up USD bank (easily done at barclays/lloyds). Convert to GBP using Revolut (they have 0 markup).

[BluKoo]

I operate on etoro, so should be a nice simple process for me... fingers crossed.

[GoonerAdy]

I'm thinking that when the time comes to cash out it should be a nice easy transfer into fiat of any derivation since that is the raison d'etre of xrp. 

[Acosta11]

WIREX

• Transfer fiat to Wirex card - Minutes
• Exchange Fiat to XRP - seconds / No Fee
• Send XRP to Nano Ledger - Safe
• HODL
• Send Xrp from Nano Ledger to Wirex XRP account - Seconds
• Exchange XRP to Fiat - Seconds / No Fee
• Spend using Wirex Card or Hold fiat on Wirex card.

https://wirexapp.com/

 

 

[TOON_XRP_ARMY]

Buy & sell XRP/GBP. I have just finished the verification process with CoinField but have not used them yet.

Congratulations! We are pleased to inform you that your CoinField account has been approved by our AML/KYC compliance team! Your verification level has been set to 6, which means your new deposit and withdrawal limits are $2M USD per day, or the equivalent amount in one of our other available currencies (£1,571090 at today's rates).

https://coinfield.com/ref/0/IDBBBA24269E

[MarkPeacock]

Following, I have a Wirex as I am in the UK but would love to have another plan in place. Best laid plans ahead and would like to know other ways to cash out.

[minotauruk]

I have added my bank a/c to Bittrex, who allow fiat withdrawal straight to your bank.

If XRP really goes to the moon I am thinking of opening an offshore account, parking the funds there.

This will give me time to decide how best to deal with the tax implications.