Bitcoin Forum

Other => Beginners & Help => Topic started by: liberalisator on April 20, 2013, 06:56:04 PM



Title: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: liberalisator on April 20, 2013, 06:56:04 PM
Dear Bitcointalk community,

can you please give me advice on whats the quickest and also easiest way to transfer
my bitcoins,which i already have, on to a bank account.

Of course I know that BTCs have to be changed to a fiat currency like USD or EUR.

I dont know which site / service is best on this, especially considering the fees.

Thanks for your reply.

LIB


Title: Re: Easiest way to transfer BTC to a bank account
Post by: aikklond on April 20, 2013, 06:59:18 PM
I had the same question, some guys told me about bitcoin-central and bitstamp.

the first might be easier for Europe, If anyone knows better we could use more info


Title: Re: Easiest way to transfer BTC to a bank account
Post by: dc81 on April 20, 2013, 07:05:40 PM
https://www.fastcash4bitcoins.com/


Title: Re: Easiest way to transfer BTC to a bank account
Post by: naphto on April 20, 2013, 07:07:57 PM
You can only transfer btc into a btc wallet, it is not possible to put them in a bank account, or maybe you are speaking about writing down the private key and putting it into a safe-deposit box?


Title: Re: Easiest way to transfer BTC to a bank account
Post by: liberalisator on April 20, 2013, 07:22:56 PM
You can only transfer btc into a btc wallet, it is not possible to put them in a bank account, or maybe you are speaking about writing down the private key and putting it into a safe-deposit box?

I edited the request already, of course I mean first to change BTCs in a fiat currency like USD or EUR.


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: coffeeandclove on April 20, 2013, 08:00:31 PM
I have the same question.  I think some people use Dwolla which supposedly has lower fees than Paypal. But they require you to send in gov't issued documents, etc to get verified and that can take longer.   I think BitInstant sometimes will transfer to Paypal but I don't trust them.  You can also do a wire transfer in some cases but that is a hassle and also expensive.


Title: Re: Easiest way to transfer BTC to a bank account
Post by: liberalisator on April 21, 2013, 02:05:12 AM
https://www.fastcash4bitcoins.com/

has anyone experience with this provider?


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: shibaji on April 21, 2013, 02:06:25 AM
If you are in USA, Coinbase is best.


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: Joshster on April 21, 2013, 02:06:55 AM
You can always post up a advert in the market then use a trusted escrow service, try to avoid PayPal due to fraud.


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: supremecream on April 21, 2013, 02:07:24 AM
i highly recommend dwolla too


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: sublime5447 on April 21, 2013, 02:16:36 AM
The quickest and easiest way to transfer btc to a bank account is to sell the coins to me for paypal funds then transfer that to your bank. I always have paypal funds for btc or ltc and will almost always be willing to pay at least spot price. I buy and sell btc and ltc for paypal. Here is my page https://www.facebook.com/bitcoinfriends and you can check me out on ebay as well. Thanks


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: gannikus on April 21, 2013, 02:24:14 AM
I wish paypal was more safe to sell AND buy, I hate how all these scammers made paypal a bad name


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: Joshster on April 21, 2013, 02:26:50 AM
I wish paypal was more safe to sell AND buy, I hate how all these scammers made paypal a bad name



PayPal is a love hate thing, it's so easy to use and I wish I could use it safely but then you have to worry about your funds for 180 days and it's not worth the risk.


Title: Re: Easiest way to transfer BTC to a bank account (in fiat curreny)
Post by: bitcoinscanada on April 21, 2013, 02:46:49 AM
BitcoinsCanada.ca (https://www.bitcoinscanada.ca) if you're in Canada. Send in BTC and get cash directly in your Canadian bank account.