Bitcoin Forum

Economy => Trading Discussion => Topic started by: Gibbar on June 15, 2017, 05:16:43 PM



Title: Topic
Post by: Gibbar on June 15, 2017, 05:16:43 PM
Deleted


Title: Re: How to sell small amounts of btc for cash?
Post by: OmegaStarScream on June 15, 2017, 05:18:51 PM
Find someone on Localbitcoins to trade with face to face (depends how small the amount is, some people just won't bother) or use a bitcoin ATM (If you have one available in your country): https://coinatmradar.com/ another solution would be to make a bitcoin debit card, load it, head to an ATM.


Title: Re: How to sell small amounts of btc for cash?
Post by: TryNinja on June 15, 2017, 05:39:28 PM
Where are you from and how small is the amount of BTC you are trying to sell?

Try BitQuick and see if they are accept your bank (https://bitquick.co/).
They offer you 0% fees for selling your Bitcoin and have a low minimum amount for most sellers.


Title: Re: How to sell small amounts of btc for cash?
Post by: Velkro on June 15, 2017, 11:42:54 PM
Find someone on Localbitcoins to trade with face to face
I think this is your best bet. This website is designed to do just that.
There are also bitcoin ATM's but fee's are huge.


Title: Re: How to sell small amounts of btc for cash?
Post by: BurstIQ on June 16, 2017, 03:01:32 AM
Go to a local Bitcoin meetup or event and mae friends with like minded people.

When you have a few Bitcoin and Crypto fans as friends there's always someone who'd buy a few BTC.

+ you get to socialize and learn new things.


Title: Re: How to sell small amounts of btc for cash?
Post by: W3Coins on June 16, 2017, 03:06:50 AM
Yeah Local Bitcoin is a good option. Or find a Bitcoin ATM close to you, but do check the spread and tx fees.

Another way is if there's someone you know in person that may be interested. Promote Bitcoin to friends and family, someone may want to get involved.


Title: Re: How to sell small amounts of btc for cash?
Post by: scout5 on June 16, 2017, 03:10:27 AM
Localbitcoins.com


Title: Re: How to sell small amounts of btc for cash?
Post by: Sephire on June 16, 2017, 04:09:59 AM
What is the easiest and gives highest price out of  all these for selling?  Checked and found some ATMs have limits
 of $3000 and  3.5% selling fee. ATM may be the easiest option but at lowest value for bitcoins.


Title: Re: How to sell small amounts of btc for cash?
Post by: coins4meh on June 16, 2017, 04:23:43 AM
It really depends on how small of an amount your talking about here. You have to also think of whether it is worth meeting up with someone in person or withdrawing from ATM. Fees are quite high.


Title: Re: How to sell small amounts of btc for cash?
Post by: coynedterm on June 16, 2017, 04:40:00 AM
Is this still possible
Yes this is possible , I know that at the exchange sites there exists a option for the minimum trade amount and also in.the current time with the very low amount trade we will face loss only because for the single transaction we needed 1 to3 $ for the transaction to confirm .
So it will be more better to find a local trader in your locality  , I will recommend you a trusted trader to make conversation at the exchange site and caught him at social media and make direct deals for small  amount .( But still there exists some risk  because of trusty or not that person ) .
If you are From India then I can help you to make buy Bitcoin at of minimum value 500INR  ( simply pm me to get me at WhatsApp )


Title: Re: How to sell small amounts of btc for cash?
Post by: gabmen on June 18, 2017, 01:27:10 PM
If you're talking about a very small amount, it would be wise to just keep it to yourself and try to acumulate more. If you try to sell it to other people or simply withdraw, the fees may just eat up whatever's left with that small amount of yours.


Title: Re: How to sell small amounts of btc for cash?
Post by: The_prodigy on June 18, 2017, 02:47:08 PM
Is this still possible
Here my country there was a local group or community that buying bitcoin . But there must be a ration either 1:1 or 1:2 it depends on the buyer. In their you  can meetup people therefore theres a lower chance that you might be scamed. Or you may trade for someone in the internet but i think it has a high risk of trading. Because you may not now each other you may be scammed.


Title: Re: How to sell small amounts of btc for cash?
Post by: davida on June 18, 2017, 03:54:00 PM
On the contrary localbitcoin.com does not support small btc transaction at least not the one i know about, paxful might be of help with minimum of $10 to paypal or other directions.

Alternatives you can search google for the local exchange in your country, this are people next door to you with website and phone contact.


Title: Re: How to sell small amounts of btc for cash?
Post by: The_prodigy on June 18, 2017, 04:37:31 PM
Is this still possible
In my country you may sell your bitcoin there and you may choose on which courier you want to withdraw. It is easy to do that here. Or if you want you may also buy load with it  or pay bills as well, if this wasnt available in you country find a person who will be accept for meetups then send your bitcoin to him nd he will give you a cash as well.


Title: Re: How to sell small amounts of btc for cash?
Post by: mobnepal on June 18, 2017, 04:44:36 PM
Yes you can do it if you have those bitcoin in exchange wallet, just exchange them to another alts like ETC or LTC which have really low tx fee so that you can move those small funds back and forth between accounts or send them out without significant price loss to sell it to others.


Title: Re: How to sell small amounts of btc for cash?
Post by: roadbits on June 18, 2017, 04:56:19 PM
On the contrary localbitcoin.com does not support small btc transaction at least not the one i know about, paxful might be of help with minimum of $10 to paypal or other directions.

Alternatives you can search google for the local exchange in your country, this are people next door to you with website and phone contact.
Yes the minimum amount will be based on exchange site policy. They will tell, or they mention on their site which is the min amount of BTC you can sell. In my country, some exchanges will allow us to sell min 0.001 BTC and someone 0.005 BTC. So find any local bitcoin exchange site and check the min amount and sell your coins. I think they will not charge a fee for min amount transaction.


Title: Re: How to sell small amounts of btc for cash?
Post by: zulkarnaen on June 18, 2017, 06:15:00 PM
Maybe localbitcoin each country has different rules of course, because in fact i can make transactions worth 0.003 to fiat currency. For small transactions, the user will be responsible and pay for transaction fee.


Title: Re: How to sell small amounts of btc for cash?
Post by: arpon11 on June 18, 2017, 07:21:16 PM
I think is very possible to sell your little satoshi for cash through black market and local bitcoin. I do trade my little satoshi to the local black market exchangers in my country.


Title: Re: How to sell small amounts of btc for cash?
Post by: nicolas1979 on June 20, 2017, 11:41:35 AM
Is this still possible

You can sell your btc on local exchanger, friends or maybe buy something with that and sell it to get money. Why you not try to trade your btc or maybe buy a domain to make web, you can rent space ads. It's more profitable than sell it, really. But that's your choice, hope you'll find person who want to buy your small btc. Good luck.


Title: Re: How to sell small amounts of btc for cash?
Post by: ladydark on June 20, 2017, 12:27:51 PM
Is this still possible
Try localbitcoins.com.There you could sell your bitcoins either by accepting bank transfer to receive cash or you could even sell directly btc face to face.Both options are available there.


Title: Re: How to sell small amounts of btc for cash?
Post by: Gaaara on June 20, 2017, 02:47:22 PM
It depends on what country you from, in my country we can withdraw our bitcoin using certain banks that they feature lowest of 500 that can be withdraw, we can even withdraw using cardless atm, it is a online wallet but it is a exchange site as well but they only supports bitcoin.


Title: Re: How to sell small amounts of btc for cash?
Post by: chineseprancing on June 20, 2017, 03:37:00 PM
It depends on what country you from, in my country we can withdraw our bitcoin using certain banks that they feature lowest of 500 that can be withdraw, we can even withdraw using cardless atm, it is a online wallet but it is a exchange site as well but they only supports bitcoin.
Yes it depends on the country, but commonly you can withdraw it into the remittance s center or mostly at the banks. You can check the withdrawals of your wallet and you can see what is available in your country.


Title: Re: How to sell small amounts of btc for cash?
Post by: matchi2011 on June 20, 2017, 06:40:26 PM
How small are we talking about here? If its like 0.01 btc then I don't think you'd want to sell that as you'll be getting far less because of the expensive fees nowadays. Though i've read a good option from one of the guys here about buying into an altcoin and sending it as an alt instead of btc. Tried that with Doge and you get lower fees compared to transferring btc to btc


Title: Re: How to sell small amounts of btc for cash?
Post by: Vishnu.Reang on June 20, 2017, 06:53:55 PM
In localbitcoins, I have seen traders willing to purchase as little as BTC0.0005 (i.e around $1.25). But they will only deposit the fiat to mobile wallets such as PayTM, and not to your bank account.


Title: Re: How to sell small amounts of btc for cash?
Post by: S4pta on June 20, 2017, 07:06:24 PM
I think bitcoin sales can be done at bitcoin.co.id .... if you want to make bitcoin to rupiah can also be done at bitcoin.co.id minimum payment of approximately $ 10 ... in my opinion bitcoin.co .id is the place The most complete to transact bitcoin ... thanks


Title: Re: How to sell small amounts of btc for cash?
Post by: raymond541 on June 20, 2017, 08:29:52 PM
I am not sure how much your small amounts of btc you want to sell for cash,you can find on localbitcoins many people buy small amount of btc like $10 worth of btc.I think for small no one will be interested to face to face trade so you might need to send then first btc and you will got cash later.you need be careful to choose your buyer.thanks


Title: Re: How to sell small amounts of btc for cash?
Post by: ekans45 on June 21, 2017, 02:01:30 AM
Is this still possible
Yes this is possible , I know that at the exchange sites there exists a option for the minimum trade amount and also in.the current time with the very low amount trade we will face loss only because for the single transaction we needed 1 to3 $ for the transaction to confirm .
So it will be more better to find a local trader in your locality  , I will recommend you a trusted trader to make conversation at the exchange site and caught him at social media and make direct deals for small  amount .( But still there exists some risk  because of trusty or not that person ) .
If you are From India then I can help you to make buy Bitcoin at of minimum value 500INR  ( simply pm me to get me at WhatsApp )
Yes it is possible but the thing is if you sell your bitcoin into cash the possibility to earn more will be stop. The first step is to find a suitable wallet that have a converting ability. Because through this you can monitor the price as well as converting your bitcoin into fiat. For me there is a lot of thing to convert bitcoin but for the sake of investment and trading it is better to always monitor the price of bitcoin before selling it because you may regret it if the price increased.


Title: Re: How to sell small amounts of btc for cash?
Post by: ilovefeetsmell on June 21, 2017, 03:35:11 AM
If you're talking about a very small amount, it would be wise to just keep it to yourself and try to acumulate more. If you try to sell it to other people or simply withdraw, the fees may just eat up whatever's left with that small amount of yours.
I do agree with you. It is better to save your bitcoin even it is a small amount or something because, after 5 years and up, the value will increase. Let it into your wallet, make up your mind to how you earn more bitcoins. I bet fee is more than what you get. So wait until the price goes up to cash out your Bitcoin. Better to do that.   


Title: Re: How to sell small amounts of btc for cash?
Post by: Pamadar on June 21, 2017, 03:40:32 AM
Just got an idea of selling btc to my local friend as they really wanting to learn and invest so i teach them to create a local wallet to our country then sell small amount of btc and let them use it buying their cellphone loads very useful while they started learning btc too.


Title: Re: How to sell small amounts of btc for cash?
Post by: mrcash02 on June 21, 2017, 04:29:25 AM
There is surely a minimum amount to sell your BTCs for cash. You will need to pay fees and in the end you won't withdraw a decent amount of money... So it's worthless, makes no sense to sell small amounts of BTC for cash. Continue holding and saving Bitcoins, when you reach to a more significant amount you can make the withdraw worth.


Title: Re: How to sell small amounts of btc for cash?
Post by: Azkabal on June 21, 2017, 05:05:50 AM
Find someone on Localbitcoins to trade with face to face (depends how small the amount is, some people just won't bother) or use a bitcoin ATM (If you have one available in your country): https://coinatmradar.com/ another solution would be to make a bitcoin debit card, load it, head to an ATM.

How it would be to exchange it face to face? You go with a cellphone, then you have your cash, and then you show to seller that you has send your BTC?
Can it be a little bit dangerous?:) You send btc and then someone kick you in the head? :P


Title: Re: How to sell small amounts of btc for cash?
Post by: radjie on June 21, 2017, 05:38:09 AM
By visiting the localbitcoin site where if you want to sell bitcoin in small quantities it can be done but the cost will be large, My advice is better you collect it first if the coins you have still little, Because by selling bitcoin in small amounts it can cost a lot so that what you get will not be comparable.