Bitcoin Forum

What is the safest way to sell bitcoins? Where can I do so?

You can sell bitcoin in cex.io its safe to sell your bitcoin there but if you wanted to sell your bitcoin here in forum person to person you need to hire trusted escrow here https://bitcointalk.org/index.php?topic=855778.0
there is big 3 there which is more trusted escrow and the other escrow there.. just don't trade to other without escrow..
You can also sell your bitcoin i think in localbitcoin but i didn't tested yet to sell bitcoin there. .

Depends on how you want to receive the fiat money.

If you want to receive a SEPA transfer, Kraken is currently the best option.

don't use unknown exchangers. i can offer you coinbase, cex.io, bittrex and bitstamp.

CEX seems to give the best price for your BTC - At this moment they offer $4782 and Kraken is $4642, Bitfinex $4583 - But my guess is because that's cause it's not so easy to get it cash out.   

Easiest to get out, and most options to send your cash to is Localbitcoins.  - That is a bit hard to navigate, but pple will send cash to all kind of places. Venmo, paypal, WU, in person.

i recoment to sell your bitcoin sir in poloniex bittrex or yobit ithink that 3 is the safest to sell your bitcoin..

1. There are several exchanges where you can sell bitcoins. It depends from you geographical location what to choose. It should be local exchanges in you country with your local currency.
2. Localbitcoins. It is also anonymous, so you do not need to show your id
3. Decentralized exchange https://bisq.network/ It have several options to sell

Hope these helps. Good luck

Depends on where do you live, and how do you want to withdraw.

You can try to sell on localbitcoins with a better rate if you are not rushing for money.
Also, can do in ''Currency exchange'' section here / other exchange platform for some fast trade too.

Where are you situated btw? It highly depends on what country you are from since options from our country might not be available to yours. Local exchanges are still the best ones since if problems arise, you can easily contact them unlike online exchanges. Localbitcoins is your first go to if you want to have a person-to-person exchange.

the safest way to sell/encash bitcoin to fiat is using an exchanger that offer you an escrow service.
or find a local exchanger that you know.
it is not really safe for people to encash their Bitcoin using international exchanger such as Coinbase,Kraken and else.
because who knows what will happen if they know where you come from ?
in my opinion the safest way to encash it is using localbitcoin.com
you can sell it directly to Bitcoin user using escrow service and then spend your money.
unlike other exchanger that need your document and verification to do that,
i prefer to not encash it in international exchanger because they can selectively block the user.

1.Local exchanger in your country
2.Localbitcoin.com
3.sell it to your friend

that is the safest way to encash your money in my opinion

is the localbitcoin has all the currency to be exchange? or it will exchange for those who popular user to be their exchanger? mostly recommened by all folks that localbitcoin is best exchanger, so it may let me think how it localbitcoin works.

i am selling my bitcoin on my wallet .. yes it is ..
my primary wallet is coins.ph that will convert your bitcoin to php and if i want to withdraw it money on wire theres a little fee to be paid but if i choose to trasfer it via my bank account it is all free but i need to wait for 1 business day before you see it on your account

There are lot of wallets and trading market site that you could sell your bitcoin just make sure to review them carefully thru this forum or google to avoid scammers.You may try these trusted sites for your convinient ( coinbase, bitstamp, cex.io and also bittrex. )

it depends on where you are and how you want your money.

It depends on what fiat currency you want and where you want, if you want payment in wallets then exchange like poloniex, bittrex are good but if you want to sell and get payment in your bank then you can try localbitcoins site as they have lot of option to sell bitcoins and their are lot of users to trade. Even the escrow system is very good.

For me the safest is just exchange it from a trusted big exchange site for ex Poloniex, Bittrex

Both poloniex and bittrex are altcoin only exchanges, which means that if you want to cash out then you can't really do so on polo or bittrex.

Unless you want USDT, and have a verified Tether account that you can easily cash out to your bank account with then you shouldn't be using them for btc -> fiat transactions.

I would personally suggest using localbitcoins. You are covered by escrow, first of all. You are also able to select from a range of payment methods, from different countries as well because of the p2p business model.

what about localbitcoins?

Where you want to sell your bitcoin and what currency do you want? If you want to received local currency then you can use https://paxful.com and another good one site is https://localbitcoins.com both are good site for buy ad sell bitcoin.Its a safest way for buy sell bitcoin with the help of escrow.
Just create an account there ans start buy sell your bitcoin.you can sell with a lot of payment processor there.best of luck for you.

 

Depends on how you want to receive your money. Many payment modes in localbtc and paxful.

bitcoin atms, I found to be great

if you want to sell bitcoin for your country's currency, you can go to exchanges/bitcoin services operating in your country or you can just go to localbitcoins

The safest way to sell it is to consult higher rank ups that has no negative feedbacks and a member on this forum who is ranked by hero member because if ahero member theyll regret it because they can earn more than 400$ a month or morelike hiring a escrow for smooth transactions speculate more first

Consult some experts or escrows its better to consult on hero members because the are the second to the first on joining the forum it means theyre experts

Bitfinex is one of trusted exchange where you can sell BTC to USD with high safe :)

I selled BTC on Coinbase 3 times and got a problem once.
There support was fast to answer and the sécurity looks good and I saw today that  they want to invest 100M in the platform.

I think the safest way is to meet the buyer and sell it for cash. Just remember not to go alone and meet in a public place.
The second safest way would be to use a big exchange, but as we all saw with Mt.Gox and Btc-e it's not that safe ;)

Best way to sell currency is for your friend or within your country, so you will get good exchange rate, if you go with online sites you need to the exchange fees.

I know this online Best change site where you can exchange money and they have online chat system too.

Any major exchange or exchange center should be safe enough to sell.. just to make sure
don't sell everything at once, sell at the beging, let's say 10% of your BTC, if that goes okay sell 20% next time etc.

In my opinion, the most safest way of selling bitcoin is by peer to peer, or personal. Meet the person personally and do your transactions with him/her. This is the best way to quarantee the safety of your bitcoin when selling it. Do it in a public place with witness. This is applicable if your customer was near in your location. So once this is not applicable then you need escrow for your safety.

you can sell your bitcoin on some exchanger site. or maybe you can use exchanger wallet like for example coinbase (bitcoin to dollar) . or if you prefer to sell your bitcoin in person to person (meet-up) choose only the person who willing/interested to buy on your bitcoin so its easy to both of you to make a smooth transactions.

I personally think the safest way to sell bitcoins is via an exchange. Find a good exchange online whether its Bitstamp, Kraken or another reputable one. Sell there imo. I would

not want to deal with somebody in real life as that exchange could cause an altercation whereas online you have 0 worries about that.

I see a lot of suggestions including mine too, but can you mention how many BTC's you have may be in digits not in real stats as we all know hackers involved everywhere.

If it is lowest money, then try with online exchanges, also try in your country where Bitcoin is accepted to get best rates.

I'd go for a trusted exchange. They usually handle so many transactions and profit quite good from them, that it doesn't make sense to even try to scam people - make a google search IMO

If I were you then I would have sold my bitcoins here on the forum and used an escrow for the deal, so in that way there is safety that you would not get scammed by someone and also you don't have to complete that stupid KYC process on the exchanges.

If you are an American customer, you can set up an account with Coinbase and sell there. The hardest part is getting the account set up because you need to link to a bank account. After that selling and buying is very easy. I've done it many times without any difficulties at all.

I would as well suggest bitcoin atms, easy to use and you get fiat on hand

Coinbase could be an good alternative too ???

 ???

The safest way for me is to sell it personally, if you want to have a risk free and worry free transaction for selling your bitcoin then sell it to a person that you know for a long time or to the person that you trust and do meetup to guarantee the legitness of each other and sell your bitcoin and receive the money easily without worries.

If you want to sell it in exchange of cash, local exchanges are the perfect ones. Search if you have in your own place and choose the most trusted.

Cash in a public place

it is depend on price you want

littel one == safe way  ( Virwox)

more price with ID == (local bitcoin )

high price with risk  == this site

GDAX and Gemini are regulated, so you will never have to worry about them shutting down and confiscating your coins. Poloniex has some sketchy qualities but some of the highest volume. HitBtc is also a decent option.

GDAX. On Kraken, you can cash in and out with fiat, but I'm not sure it is the most secure.

The safest way to sell bitcoins is your wallet if it allows you to exchange your bitcoins to USD or EURO. As far as i know coinbase is the safest of all to exchange bitcoins.
But
If you want to just sell and no exchanhe then you can try hitbtc. Its bettet then others with decent price.

For me it would be just trading it on a very trusted exchanges, it is easy but always check if you will sell it in the right time because maybe when you soled it it goes down so you loose money. always check for that.

you can localbitcoins.com or paxfull.com

try to use this site with escrow service OR try localbitcoin.com  better

Do you use Kraken yourself? Do they have verification and if yes, how fast is it? and based on what params you think it is the best option, thanks

Did you use them, i checked the website but to be honest didnt understand how to use it I found for example a price and the seller, do i need to buy it on the website or i need to drive and i didnt find rating system or something or i just missed something?

Sell in exchangers I guess. Or you can do trading if you want, but it's risky.
The only thing I know about selling Bitcoins is through exchangers.

to sell a bitcoin, you can sell them on some trusted person/site out there. you only have to do is to search. but for me, i am using a wallet which i can sell bitcoin to my fiat currency then i send it direct to my bank account, if you are in the US, you can use that wallet also to sell your bitcoin in to safest way, i hope so. and one thing, the other best way is to find person who are willing to buy bitcoin then meet her/him for the transaction, thats the other safest way to sell your bitcoin,

i agree  localbitcoin is a landmark service