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WarezWaldo (OP)
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November 05, 2012, 10:49:20 PM
 #1
I want to convert my BTC into USD to be put into my bank account in the fastest/simplest/safest way possible without high exchange or service fees or having to signup for another money transferring service: dwolla, paypal, ect.

What are the best options/services that can do this, convert my BTC into USD to go into my bank, in the least amount of exchange/transfer steps possible?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Stephen Gornick
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November 05, 2012, 11:03:51 PM
 #2
Quote from: WarezWaldo on November 05, 2012, 10:49:20 PM
I want to convert my BTC into USD to be put into my bank account in the fastest/simplest/safest way possible without high exchange or service fees or having to signup for another money transferring service: dwolla, paypal, ect.

What are the best options/services that can do this, convert my BTC into USD to go into my bank, in the least amount of exchange/transfer steps possible?



Pick one.

The factors that matter in order to give you the best answer include:

 - Where are you located (country)?
 - How much are you looking to sell?
 - What form of cash are you looking to receive?
 - How soon do you need access to the proceeds?
 - Is privacy important?

In the U.S., ACH cash-out is definitely the preferred way nowadays.

You can get this from:
 - http://FastCash4Bitcoins.com
 - http://BitFloor.com
 - http://BitMe.com
 - http://Coinbase.com
Unichange.me

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panda1
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November 05, 2012, 11:11:58 PM
 #3
also, craigslist if you're in the US.
karlzt
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November 05, 2012, 11:25:22 PM
 #4
I trust Coinbase because is YC backed.
1LYQf3Ys4YWDWMxrivyQCEGuNoKWgu7yFv
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November 05, 2012, 11:26:50 PM
 #5
I would suggest Coinbase.com. Very low fees, seem pretty reliable, you can link a US bank account to move money in and out. Have used it and can report that so far, they're pretty good.
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WarezWaldo (OP)
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November 06, 2012, 01:28:54 AM
 #6
I checked out coinbase and it seems good, but they limit to only $100-USD to sell your bitcoins a day. I dont want to be limited arh!!

Quote
I trust Coinbase because is YC backed.
What is YC Backed?

Quote
http://BitFloor.com
http://BitMe.com

didn't bitfloor get hacked before?
do either of those sites have low/limited withdraw limits like coinbase does?
how safe is it to attach a bank account to those sites, is the setup the same as like paypal where they make 2 small deposits into your BA and then you tell them the 2 amounts to confirm your BA?
How could you prevent unauthorized withdraws from your BA into your BTC account once its attached? 
karlzt
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November 06, 2012, 05:18:04 PM
 #7
Quote
What is YC Backed?

YC is: http://ycombinator.com/
1LYQf3Ys4YWDWMxrivyQCEGuNoKWgu7yFv
Crookid
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November 08, 2012, 03:44:29 PM
 #8
sell them in major arenas where it is free to communicate with other traders (forums, gambling sites) etc..
AndrewBUD
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November 08, 2012, 03:48:37 PM
 #9
Quote from: BurtW on November 05, 2012, 11:29:08 PM
Sell them to me.



Sell them to Burtw Smiley

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