Thursday, 22 May 2014

CeX adopts Bitcoin

We’re proud to be first national UK retailer adopting Bitcoin, adding it permanently to Yes, you can now buy with Bitcoin and sell your old gadgets, phones and games for Bitcoin on in the UK.

To celebrate the online launch we turned our Glasgow Sauchiehall Street store into a pound free zone from 13 to 15th May and introducing Scotland’s first Bitcoin vending machine, only the 4th in the UK. We live and breath technology so it’s only natural we looked at Bitcoin as a choice to offer you when you buy and sell games, phones, gadgets and films. For all your Bitcoin needs you can now use our UK website AND visit our Glasgow Sauchiehall Street store, which is offering you the ability to buy, sell and exchange using cash, Bitcoins or exchange vouchers!

What is Bitcoin?
Put very simply, it is a new form of money that works extremely well on the Internet. Check out the following videos for more info:

Is it easy to use?
Yes. It's much easier than other online payment systems. In many cases you simply click a link and confirm that the transaction is correct. On smartphones people tend to use QR codes because it's easier.

Getting started with Bitcoin
The first thing you need to do is to get yourself a Bitcoin wallet.  This is the equivalent of getting a physical wallet to hold your new coins but digitally.  Don't fear though, it only takes a couple of minutes and typically requires just your email address and a nice secure password.

A good place to start is one of the two major online wallet providers are and

Getting Bitcoins
Now that you have your wallet, you are ready to get some Bitcoins.  You can sell your stuff to us via our website, and we will send you some Bitcoins.  If you prefer to get your Bitcoins elsewhere, you can also buy from online Bitcoin merchants.  A few notable websites where you can buy Bitcoins are:


Spending Bitcoin
So you got yourself some coins, right?  How about buying some DVDs or a nice shiny phone from us? If you are looking to spend them elsewhere, have a look at all the places that accept your Bitcoins, there’s over 9000! Here are some ideas though:

Get some delicious takeaways
Book some plane tickets
Something geeky
To da mooon….with Virgin Galactic

Want to know more? Visit the UK Digital Currency Association splendid guide here.

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