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Author Topic: Safest way to sell bitcoins?  (Read 11451 times)
CasioK
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November 05, 2016, 01:01:07 PM
 #101

The best and the safest way to sell your bitcoins is to be a part of trusted and reputed site and it will also depend on the country that you are living in as for me localbitcoins is the best place to sell my coins.
Part of a trusted site ? what you mean ?
I think there are a lot of exchanges that can give you paypal, skrill or anything you want so you can those and then convert to bank money. By the way I am curious that there are debit cards of BTC do they work on online shopping ? if so we don't need cash anymore Smiley

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November 05, 2016, 09:31:20 PM
 #102

there is many exchange for buy and sell your bitcoin and i think all exchange are trusted bitcoin i mostly use localbitcoins and in localbitcoins  you can buy or sell your bitcoin with easily and i hope you will be never face to any problem in localbitcoins.
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November 05, 2016, 09:39:44 PM
 #103

In my opinion the safest is just to accept a bank deposit or transference in localbitcoins from a trusted buyer and then deliver the bitcoins, stay away from PayPal if they realize you are making bitcoin transactions they are going to limit your account.
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November 05, 2016, 10:30:37 PM
 #104

the safest way its i selling my bitcoin with my friends which accepted for selling and buying bitcoin as his jobs and he directly transfer the real money into my bank account and its no need to wait too long. for one transactions is only need time in about 10 minutes to complete but if the traffic is busy then it would need more time. and i am not prefer to use third party to send the real money, because the fee is too much expensive for me.

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November 05, 2016, 11:28:39 PM
 #105

Most of the times I use kraken, bitstamp and localbitcoins, those are the most reliable platforms
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November 06, 2016, 01:08:05 PM
 #106

I've sold on coinbase in the past and haven't had any problems. I have heard that some people have had issues with coinbase so some more checking before using them.
Coinbase sometimes does a lot of research like some days ago I heard they blocked a user's account because of they found it suspicious and thought he was gambling, which coinbase I think does not allow. So, if you take bank cash from such sites then be aware of such things, you might face legal issues too.
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November 06, 2016, 01:12:35 PM
 #107

I am using localbitcoins.com site as this is the site which is giving the correct fiat currency conversion price for my country and their are so many users who are dealing in my country so for bank transaction their is no problem and their escrow service is also very good.

coinbase and other exchanges are not supporting my country.
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November 06, 2016, 10:49:57 PM
 #108

i think you can sell your bitcoin through trusted exchange like as bitstamp , yobit , localbitcoins i also use these exchange when i sell or buy bitcoin and i think these exchange is much more good and safe than other exchange.
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November 07, 2016, 05:37:43 AM
 #109

In my opinion the safest is just to accept a bank deposit or transference in localbitcoins from a trusted buyer and then deliver the bitcoins, stay away from PayPal if they realize you are making bitcoin transactions they are going to limit your account.
i do agree to stay away with paypal,paypal had been forbid any form of cryptocurrencies transaction which involve paypal and they really forbid it,thus you will get punishment for doing such thing and some of the punishment is account limitation,if OP think localbitcoins is just not enough safe,go with big exchanger company

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November 07, 2016, 05:54:18 AM
 #110

Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.
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November 07, 2016, 07:19:37 AM
 #111

Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.
You are right, you will be safe selling in locabitcoin as long as you will exercise proper caution in your transaction. Just do buy one time with big amount as you can do it with small amount with several transaction, my suggestion is for you to minimize the risk.

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November 07, 2016, 10:56:42 AM
 #112

Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!
Use legit exhange website those trading site's and you can also use localbitcoins to sell your bitcoins but if you are in the philippines or country that has bitcoin based wallet then you can sell there and direct into bank account to become safe of your money you can also exchange that into fiat.

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November 07, 2016, 11:46:35 AM
 #113

Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.

I trust localbitcoins and if you will sell their, you are secured.

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November 07, 2016, 01:00:38 PM
 #114

Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!
Use legit exhange website those trading site's and you can also use localbitcoins to sell your bitcoins but if you are in the philippines or country that has bitcoin based wallet then you can sell there and direct into bank account to become safe of your money you can also exchange that into fiat.
I used coins.ph on my accounts and so far, I have no problem with the site. I believe when I transact I am in safe hands though I have to pay for the fee but it does not matter as long as I am safe.

I think you have that exchange as well in your area.

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November 07, 2016, 08:19:44 PM
 #115

Sell it in exchanger or to your friend that willing to meet up that is the safest way i know to sell your bitcoin. Dont trust in online transaction because many people are scammer so much better meet up or in exchanger.
Yeah there are people who give cash for bitcoins on localbitcoins. Actually taking cash is the safest way if you are not worried to show your face and identity to strangers because with bank there can be issues and charge-backs but cash is cash, once taken its all yours.

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November 08, 2016, 03:18:57 AM
 #116

Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!

In my assessment the safest way to sell our bitcoin is Poloniex exchange platform. Why? Because, ever since I joined in bitcoin world I never hear any negative issues and controversies in different people about this exchange. So why not try here in poloniex.com
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November 08, 2016, 06:56:21 PM
 #117

I do have a person that exchanges my bitcoins always when i contact him, i had bought with him 1,1btc at the rate of 250 dollars, then i had sold to him 1.20btc at the rate of 300 dollars, but the thing is you must search always a trusted member here or at localbitcoins to handle those transactions.
Actually for each country there are a few sites that gives you money in the bank for your bitcoins, you just need to find the best one. If anyone has issue converting them please list your country and amount you look to convert and I personally will try to help you guys.
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November 09, 2016, 01:38:37 AM
 #118

Along with the continued growth of bitcoin lots and lots of trading as well bitcoin exchange websites have been getting existence. This has helped most of them to sell and buy bitcoins with much ease. Among which I personally prefer localbitcoins.com for its much easier transaction access.

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November 09, 2016, 03:08:25 AM
 #119

My own way of safest to sell bitcoin is Im using coins.ph and
other exchange. And as long you have your 2fa installed your
being secure to do a transactions.
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November 09, 2016, 06:45:03 AM
 #120

My own way of safest to sell bitcoin is Im using coins.ph and
other exchange. And as long you have your 2fa installed your
being secure to do a transactions.
Probably you are from the Philippines, yeah right coins.ph is very trusted and we can transact fast. The deposit and withdrawals are amazing so definitely, I will also be using one exchange site alone in our country which is coins.ph.

It's safe for us and that is based on experience but some countries cannot avail on the services.

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