Title: The best place to cash out?! Post by: mobito on November 19, 2013, 11:49:01 AM Hi folks,
I have been day trading BTC for a while. Recently I have problem exchanging BTC for cash. Which exchange(s) would you suggest that would allow me to cash out without long delay? TIA mobito Title: Re: The best place to cash out?! Post by: ch3weh on November 19, 2013, 01:20:01 PM For small amounts I'd suggest somewhere like BitBargain. Other sellers of coins are usually interested in buying in larger quantities too. For e.g. check out: the footer of bittylicious.com, they're buying. Failing that, you could always just use mtgox and place a high sell order when prices spike. Last night would have been a good time to do that with the increased value. I'm fairly new to trading bitcoin, so perhaps somebody could give a more informative answer than myself
Title: Re: The best place to cash out?! Post by: ch3weh on November 19, 2013, 01:36:38 PM It's also worth checking out: localbitcoins.com
Title: Re: The best place to cash out?! Post by: Slinker on November 19, 2013, 02:50:25 PM mtgox and okpay.
Title: Re: The best place to cash out?! Post by: sana8410 on November 19, 2013, 02:52:57 PM mtgox and okpay. Seriously mtgox? Try bitstamp.net or localbitcoins. Title: Re: The best place to cash out?! Post by: PenAndPaper on November 19, 2013, 02:57:21 PM mtgox and okpay. I think op wants to move out of Mt.Gox :P Bitstamp looks pretty solid btw Title: Re: The best place to cash out?! Post by: dreamspark on November 19, 2013, 03:26:53 PM Localbitcoins is good especially if your wanting cash rather than lots of transfers into your bank.
Bitstamp is fairly reliable but are experiencing withdrawal and deposit problems at the moment so I would give them chance to clear that before depositing or withdrawing. Title: Re: The best place to cash out?! Post by: novymivo on November 19, 2013, 03:30:38 PM curex.pl if you like euros or polish zloty
Title: Re: The best place to cash out?! Post by: TuringMachine1980 on November 19, 2013, 04:40:14 PM If you're interested in EUR I'd suggest kraken.com
Their website looks tight, they have very fast and friendly customer support, have low transactions fees and their SEPA deposits and withdrawals are fast (real <24hrs). As a matter of fact, the only 'bad thing' they have going is their trade volume is low. Well, that's never going to improve if everybody keeps saying that. I came across a bug in their software (which made me lose all my money), I reported it as urgent, attached screenshots and all. Received a reply within 15 minutes they would look into it. Got another reply half an hour later telling me it was a software bug and they thanked me for reporting it. They restored my funds AND lowered my transaction fees as a bonus for reporting it. Currently I'm stuck on btc-e.com ... Why I went there? To see how stuff works over there... And it sucks! Bad/no customer support, trollbox, high fees and long waiting times on deposits and withdrawals. It's exactly the opposite... Title: Re: The best place to cash out?! Post by: TookDk on November 19, 2013, 04:43:13 PM It also depend on your location, in Scandinavia then is bitcoinnordic a ok choice.
I have used them, they cashout fast and I had no problem whatsoever, the exchange rate is reasonable too. Title: Re: The best place to cash out?! Post by: n691309 on November 19, 2013, 04:47:40 PM I use bitstamp and have no problems. Im from Europe
As already stated, your location matters Title: Re: The best place to cash out?! Post by: Sindelar1938 on November 19, 2013, 04:50:34 PM Bitstamp and localbitcoins have worked best for me, and I have tried them all
Title: Re: The best place to cash out?! Post by: CoinManiac on November 19, 2013, 04:54:00 PM Localbitcoins...
Title: Re: The best place to cash out?! Post by: xylith on November 19, 2013, 04:57:28 PM I scheduled a withdrawal late Sunday on Bitstamp.net, and it was approved before lunch on Monday. So that would seem to be a great option if you live in Europe.
Otherwise LocalBitcoins could give you a few percent extra cash if you have interested buyers in your location. Title: Re: The best place to cash out?! Post by: Blazey on November 19, 2013, 05:02:57 PM i suggest bitstamp.net, kraken.com if you're from eu and bitpay if you're from us. the mt.gox have some issues of withdrawing lately ...
Title: Re: The best place to cash out?! Post by: huadylmate on November 19, 2013, 05:25:18 PM Localbitcoins for anonymity, I would hate sending my ID scan to exchanges
Title: Re: The best place to cash out?! Post by: PenAndPaper on November 19, 2013, 11:47:57 PM Localbitcoins for anonymity, I would hate sending my ID scan to exchanges I 'm not sure about the amount of anonymity localbitcoins provides. I mean you meet someone in person and probably in the city you live in. Title: Re: The best place to cash out?! Post by: venomouskid on November 20, 2013, 12:49:48 AM I'd say it would be best giving localbitcoins a go. They offer the best rates at the moment.
Title: Re: The best place to cash out?! Post by: tenior on November 20, 2013, 12:55:33 AM mtgox mate
Title: Re: The best place to cash out?! Post by: zerosyztem on November 20, 2013, 12:58:03 AM I had good luck unloading a bunch on craigslist.
Title: Re: The best place to cash out?! Post by: tampazeus on November 20, 2013, 01:30:05 AM mtgox mate Lol, your just kidding ? The price is ok, but the time for the withdrawal not Title: Re: The best place to cash out?! Post by: mobito on November 20, 2013, 04:26:00 PM Wow great responses. Thanks mates!!
I am from Australia. Localbitcoin ok? mobito |