Bitcoin Forum

Economy => Trading Discussion => Topic started by: merkin51 on January 27, 2014, 12:04:13 PM



Title: Easiest / fastest exchange for BTC to USD?
Post by: merkin51 on January 27, 2014, 12:04:13 PM
In the midst of uncertainty, I'm going to cash out some of my BTC to USD and sit on the sidelines until we know what's going on. I was going to do this on Bitstamp, but it requires verification which is going to take too long. What is the best exchange to use, where I don't have to verify, that I can transfer BTC to and cash out to USD straight away? I will be leaving the USD there to buy back in eventually.


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: klausbl on January 27, 2014, 12:24:45 PM
You are welcome to do exactly this on Justcoin. Easy signup and no verification required for depositing and exchanging BTC to USD (or EUR).

Note that you will be requested to verify your ID if you wish to withdraw the USD to your bank account. Verification is fast and usually completed in less than 24 hours.


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: Sonny on January 27, 2014, 12:27:09 PM
In the midst of uncertainty, I'm going to cash out some of my BTC to USD and sit on the sidelines until we know what's going on. I was going to do this on Bitstamp, but it requires verification which is going to take too long. What is the best exchange to use, where I don't have to verify, that I can transfer BTC to and cash out to USD straight away? I will be leaving the USD there to buy back in eventually.

localbitcoins. https://localbitcoins.com/


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: merkin51 on January 27, 2014, 01:38:11 PM
Is BTC-E a safe exchange to work with? I already have that set up with 2 factor auth.


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: Nova! on January 27, 2014, 02:57:46 PM
I recommend CampBX personally.  They allow you to withdraw direct to a US Bank account.  Soon they will be doing deposits from your US Bank account as well.
Trading is a slow kludge and volume isn't high, but the pricing there doesn't seem as variable as on the other exchanges.  Good way to park money anyways.


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: jenks on January 28, 2014, 12:48:15 AM
I have used both LocalBitcoin.com and CoinBase.com in the past. CoinBase requires a bank account and did delay a withdrawal for a few days one time, but other than that no issue.


Title: Re: Easiest / fastest exchange for BTC to USD?
Post by: scottii on January 28, 2014, 01:34:01 AM
btc-e all the way