Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: crocko on November 28, 2013, 03:38:01 PM



Title: What solution you use to sell/buy/exchange coins and withdraw the cash?
Post by: crocko on November 28, 2013, 03:38:01 PM
Hello there !

Where do you sell your hard earned coins ?

How do you withdraw the real money to your accounts ?

Until now I found only a complete solution: BTC-E

By a "complete solution" i mean a place where you can perform all operation involved in the crypto-coins trading:
 sell, buy, exchange coins  and withdrawthe profit.

But their fees are quite big, I quote from their website:
0.2% fee on each transaction carried out by users on the website
I don't know if this mean that you must pay fees even when you bring your coins and deposit them.
And if you wish to deposit some cash to buy coins, it is very hard to do this IMHO.
You can just pump coins and sell these.
From the proposed withdraw solutions I recognized only PayPal..this it's good , because PayPal has a fix small fee.

Do you know other ways to sell/buy/exchange coins and withdraw the money ?

Any opinion is welcomed !





Title: Re: What solution you use to sell/buy/exchange coins and withdraw the cash?
Post by: Abdussamad on November 30, 2013, 06:40:29 PM
BTC-E does not support withdrawal to paypal. Paypal and Bitcoin are mutually incompatible so just forget about it.

BTC-E charges 0.20% commission on each trade you make. So you buy coins they take 0.2%. You sell coins they take 0.20%. The fees for funding and withdrawal are different - they depend on the currency and payment method and can vary widely.


Title: Re: What solution you use to sell/buy/exchange coins and withdraw the cash?
Post by: crocko on November 30, 2013, 09:36:22 PM
BTC-E does not support withdrawal to paypal. Paypal and Bitcoin are mutually incompatible so just forget about it.

BTC-E charges 0.20% commission on each trade you make. So you buy coins they take 0.2%. You sell coins they take 0.20%. The fees for funding and withdrawal are different - they depend on the currency and payment method and can vary widely.

WRONG !
Why BTC-E still list PayPal on the list if they don't accept withdraw via PayPal ?
The fee for the withdraw is 5%. And the fee from PayPal to your VISA is 2 EUR / $2.50.
They only don't accept deposit with PayPal, because all the transactions are final. If a person deposit money with PayPal and buy coins, this person can file a fake complain to PayPal and tell them that the purchased coins aren't delivered and get the money back. That is the reason.
And I speak from my experience, I have a PayPal and a BTC-E account.