How much time dows it take to sell bitcoin ?

[Mickeyb]

Please Help me
I'm From Middle east
I need to know how much time to sell bitcoins and how I transform bitcoin to paypal or cash ?
Thanks in Advance

If you sell them through coinbase, you can sell them for cash directly in your account (minutes)

On localbitcoins you can sell for paypal too, and should not take more than some hours.

But coinbase does not support all countries to buy/sell bitcoin.
I think only USA and some countries in Europe.

No, Coinbase is not available in Egypt. Here are the countries where Coinbase is available :
https://www.coinbase.com/global

OP, you pretty much then want to trade with a huge amount of bitcoins (50 BTCs is a big amount). You need to find an exchange which you can use from Egypt. Something tells me that you would be able to use btc-e. This is a worldwide exchange. And then you need to verify yourself and be ready for action after you have bough bitcoins. Of course, I would suggest that you hold your bitcoins in your wallet and that you send bitcoins to the exchange only when you want to sell them.

Cheers!

[hex13]

thanks man for your response ..
So .. The only wat to exchange my bitcoin into dollars is through escrow ?
and if coinbase doen't work in Egypt .. How I made a Wallet ? * it is the only site that I know who make wallets *

[Amph]

thanks man for your response ..
So .. The only wat to exchange my bitcoin into dollars is through escrow ?
and if coinbase doen't work in Egypt .. How I made a Wallet ? * it is the only site that I know who make wallets *

you can use a local wallet and deal with someone in your location, with escrow, or someone that is trusted and is registered on this forum

like it was said if you deal with the escrow directly, you don't need another escrow, you can cut some time

[twister]

thanks man for your response ..
So .. The only wat to exchange my bitcoin into dollars is through escrow ?
and if coinbase doen't work in Egypt .. How I made a Wallet ? * it is the only site that I know who make wallets *

You need to read on a lot buddy about Bitcoins in general and mainly Wallets, the online wallets are not safe and they're particularly not safe for holding large sum of Bitcoins. Use this link to get educated about wallets -> https://bitcoin.org/en/choose-your-wallet, and read the warning at the bottom of that page. I would advise a desktop wallet but that is only safe if your computer is clean.

Another online wallet which is not listed on the above site is blockchain.info/wallet but again it's better if you keep your coins in a cold storage wallet, especially since you're wanting to invest a lot of money into it. https://en.bitcoin.it/wiki/Cold_storage