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[mrz123]

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[OmegaStarScream]

For me and that's my personal opinion , you should sell them on bitcointalk . There is a section for that "Currency section" because exchange ask you for your ID & passport and residence and other useless crap that they probably sell to companies or whatever .
So if you care about your privacy trade here or other forums , if you don't then go for exchange .

For the methods if you are trading with trusted members on Bitcointalk then you can even use Paypal (when you sell to trsuted members) then withraw to your Bank account , or you can use Neteller , Payza , Paysafecard .. whatever you want [Only with trusted members I repeat]

[Amph]

i simply use exchange but if you can find someone in your zone it would be better you can avoid any revelation of your identity in this way but you may be more limited compared to a verified exchange

[pedrog]

The safest way to sell bitcoin is by using an exchange. Use an exchange that as proven to be reliable and you'll be ok.

[mindrust]

BTC-e.com is very safe and fast. Never had a single problem with them. I would use it if there are no exchange site available in your own country.

[Mickeyb]

I am wondering whats the best way to sell bitcoin.
Is it better to sell it on an exchange and then transfer to bank account
or is it better to sell it for cash?

And would you say its easy to do one of those?

It would be the first time I sell alot of bitcoin. I would like to get some advice please on which way to choose.

Well if you have somebody that would buy many coins of you then sell them for cash, of course. In this case you can also charge few percent over since you are doing the favor to this person, he or she doesn't have to register, go through the verification etc.

If you don't have such a person, then just sell them on the exchange. You will get the second best price after person to person trade.

Choose exchange wisely, depending on fees, verification process, withdrawal fees etc..

[ShetKid]

I just sell mine on Circle instantly. They also process my withdrawals to my bank accounts really fast so has never been a problem. Would also recommend checking out Coinbase.

[Jorge320]

Trust an exhange, I use Coinbase just due to habit but there are lots of credible sites out there.  Haven't used local bitcoin personally but I've heard good things, this option may be dependent on where you are located.

Cheers!

[leps]

if you find a buyer near you i think best way is selling in person.
For me second best is exchanges..

[knowhow]

By own experience, I sujiro you to contact some Members here, researching history, feedback, and direct exchange with them, you can sell direct by transferencia bancaria or choose another method, but the best and direct into your account and paypal don't know if some accept, with the fear that there is a dispute.

[MARC447]

Try https://www.247exchange.com/sell?rId=25196 they have various withdrawal options: bank wire transfer, SEPA transfer, credit/debit card, instant money transfer.

[Patatas]

Personally , I sell my btc on an exchange site and so far , it's good

[Pk880058]

Personally I like local bitcoins. As we can get a lot of options to sell our Bitcoins for.

Also I prefer selling them in person. And I always use some populated place while selling bitcoins. You know, to be on a safe side.

[knowhow]

well i sell my bitcoins usually here with some user that buy and sell it for a bit time already ,always an ammount lower then 10 btc ,i make recomend you to trade 1 btc at once with some trusted user ,always check is portfolio,i get money in bank soo for me is good better then exchanges that will request my details

[Pk880058]

for me is good better then exchanges that will request my details

There are many exchanges out there which are well established and don't require your Id's for trading but if you want to cash out to your bank account then you have to provide Id's at every exchange.

[BTCjust]

if it can, sell for cash is good.

[MinerHQ]

if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.

[Pk880058]

if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.

but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

[MinerHQ]

if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.

but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.

[Pk880058]

if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.

but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.

There was a post on the forum about a scam/robbery and it goes like this ;

The person who was selling bitcoins agreed to meet at restaurant and the buyer also came there after sometime.

The buyer was having an iPhone and a laptop.
The seller first sends the bitcoins(around 100 I think) and when the buyer receives those Bitcoin he says that the cash is in the car,just wait here and I'll be right back.

The buyer goes outside and leaves his iPhone and laptop in the restaurant.

After an hour or so the buyer doesn't come back, then seller turns the laptop on and he see that those Bitcoin are moved to another address an hour ago and the wallet is password protected.