Bitcoin Forum

Other => Beginners & Help => Topic started by: Tamerz on June 05, 2013, 04:29:44 PM



Title: How are you getting USD out of BTC now?
Post by: Tamerz on June 05, 2013, 04:29:44 PM
I used to just use Mt.Gox -> Dwolla when I needed some cash. What are you all using now?


Title: Re: How are you getting USD out of BTC now?
Post by: escrow.ms on June 05, 2013, 04:31:10 PM
You can Sell them for Cash/Bank wire/Westerunion/Moneygram/Cash in Mail


Title: Re: How are you getting USD out of BTC now?
Post by: webcoinx on June 05, 2013, 04:32:09 PM
try

BTC-E

but all fees total to 9%


Title: Re: How are you getting USD out of BTC now?
Post by: Tamerz on June 05, 2013, 04:35:00 PM
try

BTC-E

but all fees total to 9%

I have an account on there, but it doesn't really describe how you can withdraw USD. Is it just bank wire? The FAQ is worthless in this respect.


Title: Re: How are you getting USD out of BTC now?
Post by: webcoinx on June 05, 2013, 04:39:50 PM

you can do paypal...

just try withdrawing a little amount first... so you will get an idea how it works..



Title: Re: How are you getting USD out of BTC now?
Post by: Tamerz on June 05, 2013, 04:40:49 PM

you can do paypal...

just try withdrawing a little amount first... so you will get an idea how it works..



Excellent. Thanks.


Title: Re: How are you getting USD out of BTC now?
Post by: webcoinx on June 05, 2013, 04:41:02 PM
the purse is your paypal email..

so deposit some coins (any coins)

and click on withdraw USD..

and on payments select paypal or anything you want.. it takes 72hours (usually less)


Title: Re: How are you getting USD out of BTC now?
Post by: BitNit on June 05, 2013, 04:41:40 PM
I cash out using coinbase , haven't had any issues.


Title: Re: How are you getting USD out of BTC now?
Post by: mitman on June 05, 2013, 04:44:01 PM
campbx is a smaller exchange but they have low fees and have served me well so far. they also use dwolla


Title: Re: How are you getting USD out of BTC now?
Post by: RodeoX on June 05, 2013, 04:44:55 PM
I buy stuff with bitcoins and do not "cash out". Remember that if you are in the USA and cash out, you will owe 20% of any gains you made on the value of your bitcoin.
 


Title: Re: How are you getting USD out of BTC now?
Post by: orymh on June 05, 2013, 04:49:56 PM
I second Coinbase (https://coinbase.com/?r=51a5b0d3867ba8db8e00000c). When you sell Bitcoins on Coinbase, the money goes directly to a linked bank account. I have a getting-started article for Coinbase in case it's helpful - it's geared towards buying rather than selling, but the set-up is all the same: http://www.bit-buddy.com/buying-bitcoins-on-coinbase.html