Preferred BTC -> USD in the US?

[courtneyc]

I'm curious what everyone's preferred method to exchange BTC to USD is now that mtgox is not allowing USD withdraws?

[anarchyx]

At one time in the world there were woods that no one owned

[orymh]

I like Coinbase (https://coinbase.com/). You have to link a checking or savings account, which can take a few days. Once that's set up, there's a waiting period of 4 days before you can buy or sell. After that, you can sell or buy BTC for a 1% fee, with the money directly withdrawn/deposited to your linked account. They allow you to sell up to 50 BTC a day.

[Big Toe]

Ebay for the win!

[btceic]

I like Coinbase (https://coinbase.com/). You have to link a checking or savings account, which can take a few days. Once that's set up, there's a waiting period of 4 days before you can buy or sell. After that, you can sell or buy BTC for a 1% fee, with the money directly withdrawn/deposited to your linked account. They allow you to sell up to 50 BTC a day.

I also use coinbase, been very good so far, I linked my bank account and it took about a week if I remember correctly. Each purchase is via ACH so it takes 3-5 banking business days to transfer your funds to purchase.

It takes 30 days for a fully verified account to reach the buy/sell of 50 BTC per day limit, although the initial 10 buy/sell BTC per day limit is more then enough for most folks.

Main reasons why I like them:
1) US Based
2) VC Funded and Backed.

[Chronikka]

BTC-e.com offers a number of virtual wallet services for withdrawing USD after you exchange your BTC. Occasionally they will allow Paypal withdrawals.

Coinbase may be fast for converting to USD but they are slow with bank transfers in my experience.

[btceic]

BTC-e.com offers a number of virtual wallet services for withdrawing USD after you exchange your BTC. Occasionally they will allow Paypal withdrawals.

Coinbase may be fast for converting to USD but they are slow with bank transfers in my experience.

Your really going to offer btc-e.com as a virtual wallet/banking services after they went down for most of today?

[Chronikka]

BTC-e.com offers a number of virtual wallet services for withdrawing USD after you exchange your BTC. Occasionally they will allow Paypal withdrawals.

Coinbase may be fast for converting to USD but they are slow with bank transfers in my experience.

Your really going to offer btc-e.com as a virtual wallet/banking services after they went down for most of today?

MtGox has been having major issues for months. BTC-e went down today because of database issues or so they say. MtGox's reliability isn't any better.

[9mm-btc]

Coinbase and CampBX

[Err404]

BTC-e.com offers a number of virtual wallet services for withdrawing USD after you exchange your BTC. Occasionally they will allow Paypal withdrawals.

Coinbase may be fast for converting to USD but they are slow with bank transfers in my experience.

I was wondering about this. Does the Paypal option just randomly appear and disappear? I just started on the site and saw paypal as an option a few days ago. The following day and since then it has been gone though.

[Chronikka]

BTC-e.com offers a number of virtual wallet services for withdrawing USD after you exchange your BTC. Occasionally they will allow Paypal withdrawals.

Coinbase may be fast for converting to USD but they are slow with bank transfers in my experience.

I was wondering about this. Does the Paypal option just randomly appear and disappear? I just started on the site and saw paypal as an option a few days ago. The following day and since then it has been gone though.

Yeah it seems to. I think its about once a month it gets offered but you can contact support or ask in the troll box if you dare haha. I have successfully withdrawn a number of times to Paypal without a problem. You just have to have good timing

[BowieMan]

OTC