Bitcoin Forum

Other => Beginners & Help => Topic started by: ryann on October 03, 2012, 05:34:46 PM



Title: New to Bitcoin need visa help.
Post by: ryann on October 03, 2012, 05:34:46 PM
Hi im somewhat new to bitcoin. Ive been mining for a few months but havent really done anything with the bitcoins. What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada. Id prefer not to have a prepaid visa and just have it put on my regular visa that I use. Keep in mind im kind of basic here so if you could step by step me that would be great. Thanks


Title: Re: New to Bitcoin need visa help.
Post by: Aahzman on October 03, 2012, 05:46:54 PM
Maybe use localbitcoin or bitcoinary to sell bitcoins to someone for paypal $, which you could then transfer to a credit card?


Title: Re: New to Bitcoin need visa help.
Post by: ryann on October 03, 2012, 05:50:23 PM
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?


Title: Re: New to Bitcoin need visa help.
Post by: Fjordbit on October 03, 2012, 05:56:32 PM
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.


Title: Re: New to Bitcoin need visa help.
Post by: ryann on October 03, 2012, 06:00:43 PM
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks :)


Title: Re: New to Bitcoin need visa help.
Post by: jwzguy on October 03, 2012, 06:11:52 PM
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks :)
Are you sure you're new? ;)

Fastcash4bitcoins can send you PayPal without any real risk.


Title: Re: New to Bitcoin need visa help.
Post by: ryann on October 03, 2012, 06:16:36 PM
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks :)
Are you sure you're new? ;)

Fastcash4bitcoins can send you PayPal without any real risk.

Ya im newish but i think everyone heard about that pirate guy.


Title: Re: New to Bitcoin need visa help.
Post by: SAC on October 03, 2012, 06:19:11 PM
Hi im somewhat new to bitcoin. Ive been mining for a few months but havent really done anything with the bitcoins. What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada. Id prefer not to have a prepaid visa and just have it put on my regular visa that I use. Keep in mind im kind of basic here so if you could step by step me that would be great. Thanks

They have withdraw to bank account option.

https://www.cavirtex.com/


Title: Re: New to Bitcoin need visa help.
Post by: Stephen Gornick on October 03, 2012, 10:02:58 PM
What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada.

Cashing it is less difficult than buying bitcoins, but still not perfect.

If you are cashing out a large amount (thousands of dollars worth), then the wire fees from an exchange are not prohibitive and that ends up being the best deal

For amounts under $1K, CA VirtEx ends up a pretty fair deal.  Canadian Bitcoins also offers cash-out methods:
 - http://en.bitcoin.it/wiki/Selling_bitcoins

FastCash4Bitcoins doesn't yet support any Canadian banks but I believe they've mentioned Canada is first for expansion if/when they do.

But if you haven't done so yet, putting yourself up as a seller on LocalBitcoins might get you cash in hand at a better price than any other method.

 - http://www.LocalBitcoins.com