Bitcoin Forum

Economy => Trading Discussion => Topic started by: cyberkiller on October 17, 2013, 08:04:45 PM



Title: Where can I safely convert BTC to USD?
Post by: cyberkiller on October 17, 2013, 08:04:45 PM
I have a few BTC I would like to 'cash out' into USD. I live in the United States, where and how is the easiest/safest way?


Title: Re: Where can I safely convert BTC to USD?
Post by: justusranvier on October 17, 2013, 08:08:22 PM
See the last link in my signature.

Also, you should move the thread to "currency exchange".


Title: Re: Where can I safely convert BTC to USD?
Post by: Shallow on October 18, 2013, 05:09:25 AM
Just do a face to face meet in a public area.


Title: Re: Where can I safely convert BTC to USD?
Post by: theonewhowaskazu on October 18, 2013, 05:12:14 AM
I have a few BTC I would like to 'cash out' into USD. I live in the United States, where and how is the easiest/safest way?

Use Coinbase.


Title: Re: Where can I safely convert BTC to USD?
Post by: cowandtea on October 18, 2013, 08:20:20 AM
Easiest would be in this forum asking for buyer, safest would be coinbase :)


Title: Re: Where can I safely convert BTC to USD?
Post by: theonewhowaskazu on October 18, 2013, 09:07:10 PM
Easiest would be in this forum asking for buyer

Speaking of which, if you want to use this method, I'd be more than willing to buy, depending on how many BTC you're selling.


Title: Re: Where can I safely convert BTC to USD?
Post by: aznatama on October 20, 2013, 12:56:44 AM


Use Coinbase.

Depending on how much you need to convert to USD.  Coinbase has a daily buy/sell limit of 50btc at level 2 (highest), but it's also nearly immediate (normal 2-3day clearing w/ banking system).  I recent sells were credited to my bank account in 2-3 days. 

However, the downside is that they charge a 1% processing fee, and you can't hold any USD balances, so all sells/buys are direct withdraw/deposit to your linked bank account.



Title: Re: Where can I safely convert BTC to USD?
Post by: jamesc760 on October 21, 2013, 11:30:53 AM
So, localbitcoins and coinbase are the only viable options for U.S. residents at the moment?


Title: Re: Where can I safely convert BTC to USD?
Post by: leannemckim46 on October 21, 2013, 12:09:51 PM
So, localbitcoins and coinbase are the only viable options for U.S. residents at the moment?

What about btc-e? Seems like a good site.


Title: Re: Where can I safely convert BTC to USD?
Post by: westkybitcoins on October 21, 2013, 03:08:19 PM
If you have enough in expenses that can be covered by using gift cards, you can convert your BTC into cards from either Gyft or eGifter and keep the cash. Safe AND easy.


Title: Re: Where can I safely convert BTC to USD?
Post by: johncarpe64 on October 21, 2013, 03:13:22 PM
I have a few BTC I would like to 'cash out' into USD. I live in the United States, where and how is the easiest/safest way?

Use Coinbase.

Coinbase would be the best choice, just don't get scammed from some site like MtGox..


Title: Re: Where can I safely convert BTC to USD?
Post by: Maxpayne86 on October 21, 2013, 04:16:25 PM
What about BISTAMP.NET?

I'm not sure, I'm from Europe, but in any case it's a great site.


Title: Re: Where can I safely convert BTC to USD?
Post by: CurbsideProphet on October 21, 2013, 05:44:14 PM
I have a few BTC I would like to 'cash out' into USD. I live in the United States, where and how is the easiest/safest way?

Coinbase or localbitcoins.  If you go with the latter, meet in a public place like a library or Starbucks.


Title: Re: Where can I safely convert BTC to USD?
Post by: TheButterZone on October 21, 2013, 07:51:44 PM
I have a few BTC I would like to 'cash out' into USD. I live in the United States, where and how is the easiest/safest way?

Coinbase or localbitcoins.  If you go with the latter, meet in a public place like a library or Starbucks courthouse or police station or other controlled building where civilian weapons are detected and removed.

FTFY