Bitcoin Forum

Economy => Trading Discussion => Topic started by: mrz123 on July 31, 2015, 07:35:41 AM



Title: delete
Post by: mrz123 on July 31, 2015, 07:35:41 AM
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Title: Re: Whats the best way to sell bitcoin?
Post by: OmegaStarScream on July 31, 2015, 07:41:09 AM
For me and that's my personal opinion , you should sell them on bitcointalk . There is a section for that "Currency section" because exchange ask you for your ID & passport and residence and other useless crap that they probably sell to companies or whatever .
So if you care about your privacy trade here or other forums , if you don't then go for exchange .

For the methods if you are trading with trusted members on Bitcointalk then you can even use Paypal (when you sell to trsuted members) then withraw to your Bank account , or you can use Neteller , Payza , Paysafecard .. whatever you want [Only with trusted members I repeat]


Title: Re: Whats the best way to sell bitcoin?
Post by: Amph on July 31, 2015, 10:54:05 AM
i simply use exchange but if you can find someone in your zone it would be better you can avoid any revelation of your identity in this way but you may be more limited compared to a verified exchange


Title: Re: Whats the best way to sell bitcoin?
Post by: pedrog on July 31, 2015, 12:02:07 PM
The safest way to sell bitcoin is by using an exchange. Use an exchange that as proven to be reliable and you'll be ok.


Title: Re: Whats the best way to sell bitcoin?
Post by: mindrust on July 31, 2015, 12:10:45 PM
BTC-e.com is very safe and fast. Never had a single problem with them. I would use it if there are no exchange site available in your own country.


Title: Re: Whats the best way to sell bitcoin?
Post by: Mickeyb on July 31, 2015, 12:15:50 PM
I am wondering whats the best way to sell bitcoin.
Is it better to sell it on an exchange and then transfer to bank account
or is it better to sell it for cash?

And would you say its easy to do one of those?

It would be the first time I sell alot of bitcoin. I would like to get some advice please on which way to choose.

Well if you have somebody that would buy many coins of you then sell them for cash, of course. In this case you can also charge few percent over since you are doing the favor to this person, he or she doesn't have to register, go through the verification etc.

If you don't have such a person, then just sell them on the exchange. You will get the second best price after person to person trade.

Choose exchange wisely, depending on fees, verification process, withdrawal fees etc..


Title: Re: Whats the best way to sell bitcoin?
Post by: ShetKid on July 31, 2015, 02:46:56 PM
I just sell mine on Circle instantly. They also process my withdrawals to my bank accounts really fast so has never been a problem. Would also recommend checking out Coinbase.


Title: Re: Whats the best way to sell bitcoin?
Post by: Jorge320 on July 31, 2015, 10:35:21 PM
Trust an exhange, I use Coinbase just due to habit but there are lots of credible sites out there.  Haven't used local bitcoin personally but I've heard good things, this option may be dependent on where you are located.

Cheers!


Title: Re: Whats the best way to sell bitcoin?
Post by: leps on July 31, 2015, 10:37:33 PM
if you find a buyer near you i think best way is selling in person.
For me second best is exchanges..


Title: Re: Whats the best way to sell bitcoin?
Post by: knowhow on July 31, 2015, 11:08:56 PM
By own experience, I sujiro you to contact some Members here, researching history, feedback, and direct exchange with them, you can sell direct by transferencia bancaria or choose another method, but the best and direct into your account and paypal don't know if some accept, with the fear that there is a dispute.


Title: Re: Whats the best way to sell bitcoin?
Post by: MARC447 on August 01, 2015, 12:05:15 AM
Try https://www.247exchange.com/sell?rId=25196 (https://www.247exchange.com/sell?rId=25196) they have various withdrawal options: bank wire transfer, SEPA transfer, credit/debit card, instant money transfer.


Title: Re: Whats the best way to sell bitcoin?
Post by: Patatas on August 03, 2015, 05:48:10 AM
Personally , I sell my btc on an exchange site and so far , it's good


Title: Re: Whats the best way to sell bitcoin?
Post by: Pk880058 on August 03, 2015, 07:46:53 AM
Personally I like local bitcoins. As we can get a lot of options to sell our Bitcoins for.

Also I prefer selling them in person. And I always use some populated place while selling bitcoins. You know, to be on a safe side.


Title: Re: Whats the best way to sell bitcoin?
Post by: knowhow on August 04, 2015, 02:49:49 AM
well i sell my bitcoins usually here with some user that buy and sell it for a bit time already ,always an ammount lower then 10 btc ,i make recomend you to trade 1 btc at once with some trusted user ,always check is portfolio,i get money in bank soo for me is good better then exchanges that will request my details


Title: Re: Whats the best way to sell bitcoin?
Post by: Pk880058 on August 04, 2015, 02:46:58 PM
for me is good better then exchanges that will request my details
There are many exchanges out there which are well established and don't require your Id's for trading but if you want to cash out to your bank account then you have to provide Id's at every exchange.


Title: Re: Whats the best way to sell bitcoin?
Post by: BTCjust on August 05, 2015, 06:00:30 AM
if it can, sell for cash is good.


Title: Re: Whats the best way to sell bitcoin?
Post by: MinerHQ on August 05, 2015, 06:26:13 AM
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.


Title: Re: Whats the best way to sell bitcoin?
Post by: Pk880058 on August 05, 2015, 02:35:04 PM
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.


Title: Re: Whats the best way to sell bitcoin?
Post by: MinerHQ on August 07, 2015, 12:53:26 AM
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.


Title: Re: Whats the best way to sell bitcoin?
Post by: Pk880058 on August 07, 2015, 03:09:33 PM
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.
There was a post on the forum about a scam/robbery and it goes like this ;

The person who was selling bitcoins agreed to meet at restaurant and the buyer also came there after sometime.

The buyer was having an iPhone and a laptop.
The seller first sends the bitcoins(around 100 I think) and when the buyer receives those Bitcoin he says that the cash is in the car,just wait here and I'll be right back.

The buyer goes outside and leaves his iPhone and laptop in the restaurant.

After an hour or so the buyer doesn't come back, then seller turns the laptop on and he see that those Bitcoin are moved to another address an hour ago and the wallet is password protected.


Title: Re: Whats the best way to sell bitcoin?
Post by: s1ng on August 07, 2015, 03:51:11 PM
I'm sell bitcoin on my local exchanger since bitcoin based on dollar so I need to change dollar into my local currency.
If you want to sell to bank, I'm afriad you will got charged by some fee base on their policy or regulation

I am wondering whats the best way to sell bitcoin.
Is it better to sell it on an exchange and then transfer to bank account
or is it better to sell it for cash?

And would you say its easy to do one of those?

It would be the first time I sell alot of bitcoin. I would like to get some advice please on which way to choose.


Title: Re: Whats the best way to sell bitcoin?
Post by: unusualfacts30 on August 08, 2015, 09:48:11 AM
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.


Title: Re: Whats the best way to sell bitcoin?
Post by: lama-hunter on August 08, 2015, 10:10:26 AM
I´ve tried anycoindirekt.eu to buy btc and had no Problem with bigger amounts about 3.000€ - You have also the possibilility to sell btc on this site. It can be done by Sepa and Paypal and is very fast.
They also got an support team where u can verify yourself to get everything going and it works quit well ;)


Title: Re: Whats the best way to sell bitcoin?
Post by: MinerHQ on August 14, 2015, 07:22:54 AM
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.


Title: Re: Whats the best way to sell bitcoin?
Post by: Pk880058 on August 14, 2015, 04:35:35 PM
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.
And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges.

I personally like localbitcoins.


Title: Re: Whats the best way to sell bitcoin?
Post by: Mickeyb on August 14, 2015, 08:46:02 PM
Localbitcoins and Kraken are the 2 best for me. I like the fact about both that I didn't have to get verified with neither in order to sell coins. I am just not feeling like sending all of my personal documents and utility bills and etc..  Of course you cannot sell tons of coins without a verification on these two, there are limits. For higher amounts without the verification people should use btc-e but their withdrawal fees are quite high depending on the withdrawal method.


Title: Re: Whats the best way to sell bitcoin?
Post by: MinerHQ on August 17, 2015, 06:54:14 AM
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.
And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges.

I personally like localbitcoins.

Another best option is try to sell in this forum from market place you may get some good buyers.


Title: Re: Whats the best way to sell bitcoin?
Post by: giustone on August 17, 2015, 02:41:25 PM
I think the best way to sell bitcoins is localbitcoins.com.
On localbitcoins.com price for bitcoin is higher to other sites.
Sell only to trusted members.


Title: Re: Whats the best way to sell bitcoin?
Post by: bitwarrior on August 17, 2015, 02:48:11 PM
Before I use to sell my bitcoins through the currency exchange threads here at BCT, I even tried using localbitcoins.
As time goes by and through convenience and good price range, I started instead of selling through verified and stable exchanges.



Title: Re: Whats the best way to sell bitcoin?
Post by: kenbytes on August 17, 2015, 02:53:11 PM
The safest way to sell bitcoin is by using localbitcoin


Title: Re: Whats the best way to sell bitcoin?
Post by: Luqman on August 17, 2015, 03:43:55 PM
Sell it on an exchange, there are a lot of good exchange


Title: Re: Whats the best way to sell bitcoin?
Post by: chanlance on September 30, 2015, 01:27:55 PM
AUTOMATIC EXCHANGERS GOOD CHOICE THEN COMES OTHER


Title: Re: Whats the best way to sell bitcoin?
Post by: Rude Boy on September 30, 2015, 04:10:57 PM
The safest way to sell bitcoin is by using localbitcoin
Better way and recommended. Find a +ve reputed bitcoin buyer/seller on Localbitcoin with lot of trading history nearby your place.


Title: Re: Whats the best way to sell bitcoin?
Post by: maokoto on October 01, 2015, 03:53:59 PM
For me, Coinbase is simple and fast. You lose a little on fees, but it is just as having a bank account in Bitcoin. You can sell Bitcoins to USD and back at anytime you please, then transfer to your regular bank account.

However, that is only if you are not very concerned about privacy.


Title: Re: Whats the best way to sell bitcoin?
Post by: raj1 on October 02, 2015, 01:08:52 PM
whenever the question is about transfering my bitcoins into bank or converting them into faint then at first i put them into gambling site like coinroll and then generate 1-2% and then i talk to a trader that how much he needsto send the money to  my bank account and i give them whatever they want and ofcourse i keep the rates as low as i can i am just making my trades tax free by this method


Title: Re: Whats the best way to sell bitcoin?
Post by: Ceizer54 on October 02, 2015, 07:59:45 PM
It depends on many factors like what is the purpose of selling..if you want to buy physical goods then it would be better to sell for cash or if you want to trade or exchange in other currency then go with exchanges..Anyways The best way would be that which offers instant exchange with low fees so look for people or service who can exchange with you at lowest fees :)