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Clint (OP)
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June 19, 2015, 07:04:38 PM |
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Hi guys, I recently made some btc and I'm looking turn it into cash, in cad to be specific. Before the rates are very high, do you guys know any ways that can do this for me with a low rate? Thanks, please suggest  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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XinXan
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June 19, 2015, 07:38:26 PM |
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On btc-e the fees are not that high to mastercard/visa i think around 3% which is very good, there are other exchanges aswell you can check all the posts in this section to inform yourself
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Amph
Legendary
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Activity: 3206
Merit: 1069
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June 20, 2015, 06:13:19 AM |
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you are running bit-x, you can use their credit card, or their exchange to cash out in fiat
i would not advise btc-e the fee and the time for waiting your money are high
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JerryCurlzzz
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June 21, 2015, 01:08:19 AM |
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Hi guys, I recently made some btc and I'm looking turn it into cash, in cad to be specific. Before the rates are very high, do you guys know any ways that can do this for me with a low rate? Thanks, please suggest My preference is always Localbitcoins. I just sell the coins for cold hard cash, and usually, I even charge a premium (and the buyer is more than happy to pay it). This depends on where you live though. I live in a busy metropolitan area. YMMV. |
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illyiller
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June 21, 2015, 04:08:23 AM |
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^^ Agree, love Localbitcoins. Always sell with a mark-up, and make a bit of extra cash on top.  |
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the_reprobate
Sr. Member
Offline
Activity: 320
Merit: 250
★YoBit.Net★ 100+ Coins Exchange & Dice
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June 21, 2015, 04:34:16 AM |
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^^ Agree, love Localbitcoins. Always sell with a mark-up, and make a bit of extra cash on top. but the fees are too high though especially if dealing with a reputable member |
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noel57
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June 21, 2015, 10:50:55 AM |
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Visit any bitcoin exchange that exchanges to Canadian dollar e.g cavirtex and quadrigacx.
I don't think btc-e pays out in Canadian dollars and localbitcoin is risky if you are a newbie because there is a possibility of scam. Also you can check currency exchange on this forum, you might see someone willing to pay in Canadian dollars.
Above all, always be careful and beware of scammers.
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mahi4ever
Newbie
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Activity: 56
Merit: 0
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June 21, 2015, 02:41:06 PM |
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Localbtc is also best
You can give a try to that.
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noel57
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June 23, 2015, 05:27:30 AM |
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Visit any bitcoin exchange that exchanges to Canadian dollar e.g cavirtex and quadrigacx.
I don't think btc-e pays out in Canadian dollars and localbitcoin is risky if you are a newbie because there is a possibility of scam. Also you can check currency exchange on this forum, you might see someone willing to pay in Canadian dollars.
Above all, always be careful and beware of scammers.
I hope by now you just have completed your transactions. |
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JerryCurlzzz
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June 23, 2015, 05:42:31 PM |
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^^ Agree, love Localbitcoins. Always sell with a mark-up, and make a bit of extra cash on top. but the fees are too high though especially if dealing with a reputable member Agreed. But shop around -- particularly if you live in a city, you can often buy/sell at spot to reputable members if you are trading above certain volume thresholds. Also, you should consider getting some reputation yourself -- that way, you can charge a premium, and customers will come to you. Also, if doing cash deals, you don't need Localbitcoins escrow, obviously. So you can just cancel the deal and save on the fees. |
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melisande
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June 23, 2015, 09:59:36 PM |
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cavirtex, quadrigacx and localbitcoin, you can also check the currency exchange of this forum.
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