Bitcoin Forum

Economy => Trading Discussion => Topic started by: Book on June 27, 2013, 07:09:01 AM



Title: An alternative to Mt Gox?
Post by: Book on June 27, 2013, 07:09:01 AM
I was going to use Mt Gox to turn my bitcoins into real money but it asks for government ID and a residence bill to validate the account. Are there any alternatives where I can get my bitcoins turned into money and deposited into my bank or paypal without this?


Title: Re: An alternative to Mt Gox?
Post by: codesuela on June 27, 2013, 10:44:26 AM
you can sell your coins for paypal via bitinstant.com


Title: Re: An alternative to Mt Gox?
Post by: Huesos on June 27, 2013, 10:59:29 AM
I think you can do this on Btc-e and coinbase too all you need is a bank account


Title: Re: An alternative to Mt Gox?
Post by: RATM69 on June 27, 2013, 02:09:40 PM
CampBX if you also have a Dwolla account


Title: Re: An alternative to Mt Gox?
Post by: Book on June 27, 2013, 06:23:32 PM
you can sell your coins for paypal via bitinstant.com
About bitinstant, if I am in the UK can I just put I am from the US and want it sent to my paypal, and then have paypal convert the money into GBP?


Title: Re: An alternative to Mt Gox?
Post by: Peter Lambert on June 27, 2013, 06:31:16 PM
Read more:

Take at look here on ways to exchange your bitcoins: https://bitcointalk.org/index.php?topic=226217.0

Find out why getting dollars from mtGox would not have happened even if you did submit the information they request: https://bitcointalk.org/index.php?topic=244503.0

Another thread about trading: https://bitcointalk.org/index.php?topic=237339.0

And that is just from the first page of the 'Trading Discussion' subforum.


Title: Re: An alternative to Mt Gox?
Post by: Viceroy on June 27, 2013, 08:02:50 PM
go here:
https://bitcointalk.org/index.php?topic=179147.0


Title: Re: An alternative to Mt Gox?
Post by: flipper on June 28, 2013, 05:10:24 AM
Try Coinbase. Requires a link to your checking account.


Title: Re: An alternative to Mt Gox?
Post by: Book on June 28, 2013, 06:08:46 AM
I would definitely prefer a service that cashes out straight to my bank rather than paypal, it would go a lot smoother. But it would have to be one that is very well trusted, and do any big ones aside from Mt Gox cash out in GBP?


Title: Re: An alternative to Mt Gox?
Post by: justusranvier on June 28, 2013, 06:19:29 AM
LocalBitcoins.com (https://localbitcoins.com/?ch=105)

Find someone who is willing to buy your coins there.


Title: Re: An alternative to Mt Gox?
Post by: prophetx on June 28, 2013, 03:09:09 PM
i use coinbase, was able to set up a direct link to one of my business accounts


Title: Re: An alternative to Mt Gox?
Post by: nimda on June 28, 2013, 03:12:59 PM
Avoid the exchanges if you can. Do a trade on the forums / #bitcoin-otc / localbitcoins. The exchanges provide central points of failure (Bad with a capital B) and have fees that you won't need to pay if you trade at spot off-exchange.


Title: Re: An alternative to Mt Gox?
Post by: legitnick on June 28, 2013, 04:17:31 PM
I was going to use Mt Gox to turn my bitcoins into real money but it asks for government ID and a residence bill to validate the account. Are there any alternatives where I can get my bitcoins turned into money and deposited into my bank or paypal without this?

There is a TON of alternatives, try BTC-e for starters.


Title: Re: An alternative to Mt Gox?
Post by: Book on June 28, 2013, 06:59:34 PM
Might try btc-e but it looks like there is no ideal exchange for GBP. I might just use highly trusted exchangers here.


Title: Re: An alternative to Mt Gox?
Post by: Viceroy on June 28, 2013, 07:43:47 PM
isn't bitstamp in England?


Title: Re: An alternative to Mt Gox?
Post by: Peter Lambert on June 28, 2013, 07:48:20 PM
isn't bitstamp in England?

It would be easier to tell if the put some sort of contact information on their website. Ah, you can see it if you log in. They list an address in England.
Quote
ABOUT US
BITSTAMP LTD. 5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom


Title: Re: An alternative to Mt Gox?
Post by: 101Official on June 28, 2013, 11:59:08 PM
..yet they observe Slovenian bank holidays.


Title: Re: An alternative to Mt Gox?
Post by: chmod755 on July 01, 2013, 04:03:14 PM
Avoid the exchanges if you can. Do a trade on the forums / #bitcoin-otc / localbitcoins. The exchanges provide central points of failure (Bad with a capital B) and have fees that you won't need to pay if you trade at spot off-exchange.

Best suggestion so far. Make sure to check the reputation of the person you're trading with - some users are impersonating reliable members....