s1ng
Legendary
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Activity: 1218
Merit: 1001
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August 07, 2015, 03:51:11 PM |
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I'm sell bitcoin on my local exchanger since bitcoin based on dollar so I need to change dollar into my local currency. If you want to sell to bank, I'm afriad you will got charged by some fee base on their policy or regulation 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.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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unusualfacts30
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August 08, 2015, 09:48:11 AM |
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Coinbase is good
Xapo is good
localbitcoins is good
I've used all three with no issue.
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lama-hunter
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August 08, 2015, 10:10:26 AM |
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I´ve tried anycoindirekt.eu to buy btc and had no Problem with bigger amounts about 3.000€ - You have also the possibilility to sell btc on this site. It can be done by Sepa and Paypal and is very fast. They also got an support team where u can verify yourself to get everything going and it works quit well  |
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MinerHQ
Legendary
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Activity: 1456
Merit: 1023
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August 14, 2015, 07:22:54 AM |
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Coinbase is good
Xapo is good
localbitcoins is good
I've used all three with no issue.
The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee. |
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Pk880058
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August 14, 2015, 04:35:35 PM |
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Coinbase is good
Xapo is good
localbitcoins is good
I've used all three with no issue.
The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee. And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges. I personally like localbitcoins. |
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Mickeyb
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August 14, 2015, 08:46:02 PM |
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Localbitcoins and Kraken are the 2 best for me. I like the fact about both that I didn't have to get verified with neither in order to sell coins. I am just not feeling like sending all of my personal documents and utility bills and etc.. Of course you cannot sell tons of coins without a verification on these two, there are limits. For higher amounts without the verification people should use btc-e but their withdrawal fees are quite high depending on the withdrawal method.
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MinerHQ
Legendary
Offline
Activity: 1456
Merit: 1023
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August 17, 2015, 06:54:14 AM |
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Coinbase is good
Xapo is good
localbitcoins is good
I've used all three with no issue.
The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee. And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges. I personally like localbitcoins. Another best option is try to sell in this forum from market place you may get some good buyers. |
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giustone
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August 17, 2015, 02:41:25 PM |
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I think the best way to sell bitcoins is localbitcoins.com.
On localbitcoins.com price for bitcoin is higher to other sites.
Sell only to trusted members.
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bitwarrior
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Activity: 1764
Merit: 1000
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August 17, 2015, 02:48:11 PM |
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Before I use to sell my bitcoins through the currency exchange threads here at BCT, I even tried using localbitcoins.
As time goes by and through convenience and good price range, I started instead of selling through verified and stable exchanges.
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kenbytes
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August 17, 2015, 02:53:11 PM |
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The safest way to sell bitcoin is by using localbitcoin
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Luqman
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August 17, 2015, 03:43:55 PM |
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Sell it on an exchange, there are a lot of good exchange
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chanlance
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September 30, 2015, 01:27:55 PM |
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AUTOMATIC EXCHANGERS GOOD CHOICE THEN COMES OTHER
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Rude Boy
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September 30, 2015, 04:10:57 PM |
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The safest way to sell bitcoin is by using localbitcoin
Better way and recommended. Find a +ve reputed bitcoin buyer/seller on Localbitcoin with lot of trading history nearby your place. |
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maokoto
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October 01, 2015, 03:53:59 PM |
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For me, Coinbase is simple and fast. You lose a little on fees, but it is just as having a bank account in Bitcoin. You can sell Bitcoins to USD and back at anytime you please, then transfer to your regular bank account.
However, that is only if you are not very concerned about privacy.
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raj1
Newbie
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Activity: 35
Merit: 0
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October 02, 2015, 01:08:52 PM |
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whenever the question is about transfering my bitcoins into bank or converting them into faint then at first i put them into gambling site like coinroll and then generate 1-2% and then i talk to a trader that how much he needsto send the money to my bank account and i give them whatever they want and ofcourse i keep the rates as low as i can i am just making my trades tax free by this method
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Ceizer54
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October 02, 2015, 07:59:45 PM |
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It depends on many factors like what is the purpose of selling..if you want to buy physical goods then it would be better to sell for cash or if you want to trade or exchange in other currency then go with exchanges..Anyways The best way would be that which offers instant exchange with low fees so look for people or service who can exchange with you at lowest fees  |
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