Bitcoin Forum

Economy => Trading Discussion => Topic started by: tomsanders on December 10, 2014, 09:39:10 PM



Title: Bitcoin Wallets and Withdrawing to Bank Account
Post by: tomsanders on December 10, 2014, 09:39:10 PM
Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: jonnybravo0311 on December 10, 2014, 09:55:20 PM
Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks
An exchange.  coinbase.com is the most popular one in the US... circle.com is another... localbitcoins.com can also work...


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: tomsanders on December 10, 2014, 10:29:05 PM
I'm from the uk... Any good exchanges here?


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: jonnybravo0311 on December 10, 2014, 10:30:43 PM
I'm from the uk... Any good exchanges here?
I'd have to let folks from that side of the pond answer your question.  Sorry I can't be of more help to you.


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: vpasic on December 11, 2014, 10:34:09 AM
I'm from the uk... Any good exchanges here?

bitstamp.net is best and fastest in EU.


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: Houseman on December 16, 2014, 02:45:57 PM
Apart from the ones which have been advised, I can add cex.io as an exchange. They are UK-based, and they have bank transfer as a withdrawal method. Just be sure to look at their withdrawal limits and fees before you start. I think the minimum amount is 200 EUR or something.


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: DonQuijote on December 17, 2014, 10:35:45 PM
It depends how quickly that want to sell


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: throwingbones1 on December 19, 2014, 08:12:41 PM
Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks


ebay


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: amacar on December 26, 2014, 02:35:56 PM
I'm from the uk... Any good exchanges here?

I mostly use kraken (support for GBP). Over SEPA is money on my bank account next day after withdrawal. (less than 24 hours)


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: rtserv on January 09, 2015, 03:04:23 PM
I'm from the uk... Any good exchanges here?

Hello!

You can try to sell some bitcoins on https://skyhighpoker.co.uk
The minimum amount is 0.01 BTC and there is no fee atm.

Cheers 


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: fildza on January 12, 2015, 02:33:51 AM
Have you try localbitcoin? Usually I sell my btc there. Easy to change and they have escrow too.


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: BootstrapCoinDev on March 09, 2015, 09:20:56 PM
Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks
An exchange.  coinbase.com is the most popular one in the US... circle.com is another... localbitcoins.com can also work...
Heard things from people putting their CCs on coinbase. Lots of extra charge's and/or double or triple charging an order from personal friends, thats why I only used them as a bank and would never hook a CC or bank info up.


Title: Re: Bitcoin Wallets and Withdrawing to Bank Account
Post by: erikalui on March 10, 2015, 02:18:00 PM
Currently coinbase supports bank withdrawals but only for US residents. Even websites like BTC-e, Localbitcoins and Virwox allow trading via bitcoins but they send the bitcoins to your PayPal account which allows bank withdrawals.