Bitcoin Forum

Economy => Marketplace => Topic started by: hendo420 on May 05, 2013, 02:39:31 AM



Title: Fastest way to get $ for BTC?
Post by: hendo420 on May 05, 2013, 02:39:31 AM
Paypal preferred but I can take moneypack or prepaid visa. I'm looking for a site that does this, not an individual unless there is some type of escrow.


Title: Re: Fastest way to get $ for BTC?
Post by: BTC Books on May 05, 2013, 03:12:47 AM
Coinbase has been my happy medium.  In the US anyway.

They ACH in both directions - although they seldom have bitcoin to buy.  They always seem to have cash to buy with though.

2-3 days into your US bank account, with a fee of 1% I think, plus ACH charge (a buck?).  I forget the exact charges, but they're low.

You want real speed, and you have to go with localbitcoins.com - but the vigorish is high.  You can usually set up a deal start to finish in a day or two, I hear.

You want fast, cheap and secure?  You get two out of three, etc. ...


Title: Re: Fastest way to get $ for BTC?
Post by: hendo420 on May 05, 2013, 05:42:09 AM
I set up a deal with the Moneypack seller. He is offering 117% gox price.

How can he offer more than gox? He has 180 feedback 100% but weird that he offers more. There is another seller with high feedback offering the same amount so idk.


Title: Re: Fastest way to get $ for BTC?
Post by: marketermac on May 07, 2013, 06:19:44 PM
I set up a deal with the Moneypack seller. He is offering 117% gox price.

How can he offer more than gox? He has 180 feedback 100% but weird that he offers more. There is another seller with high feedback offering the same amount so idk.

Not saying that it's on the up and up, but - it can cost quite a bit in fee's to get money onto the exchanges depending on how you are doing it. If they can avoid the fee's (by depositing BTC onto the exchange instead of USD) it can be a good deal for both parties. You get cash and they get something onto an exchange. 17% seems way too high, but I have no idea what the particular sellers situation is.


Title: Re: Fastest way to get $ for BTC?
Post by: prophetx on May 07, 2013, 07:37:43 PM
who is the moneypak seller?  link?