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Author Topic: Safest way to sell bitcoins?  (Read 11444 times)
AscendancyEight (OP)
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June 13, 2016, 09:37:39 PM
 #1

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!
mrhelpful
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June 13, 2016, 11:57:05 PM
 #2

Safest way is in the smaller increments of .1btc when the btc value is high enough. Localbitcoins ad and looking into their profile of verifications and trusts.

All doing for cash in person in small amounts half of full bitcoin. Only because you can be a target to someone whos trying to cash out even 5 btc is too much in my view.

Thats if you want cash, but cash deposit works as well and should be the same way its handled.
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June 14, 2016, 12:04:09 AM
 #3

Circle.com is easy and safe.

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June 14, 2016, 12:09:54 AM
 #4

Or you can go to currency exchange board and look for the high reputational btc-paypal traders.

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June 14, 2016, 02:08:54 AM
 #5

I have sold through coinbase with no problem. The catch is that you have to give them a lot of information to open an account so it isn't anonymous of course. Another way is localbitcoins like others have said.

 
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June 14, 2016, 04:02:18 AM
 #6

the safest way just go to trusted exchanger bitcoin sites, dont forget to add 2FA in that sites for more secure.
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June 17, 2016, 06:49:28 PM
 #7

You can sell your bitcoin on a trusted exchange and you will receive your fiat money in a bank account.
Trusted exchanges:Bitfinex,Bitstamp and BTC-e.
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June 18, 2016, 06:32:16 AM
 #8

kraken bitfinex other big exchange
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June 18, 2016, 06:53:37 AM
 #9

exchange of bitcoin in a flat currency there are a lot currency exchagne. but the most safer i think is the yobit. where you can do exchange without any reluctant.
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June 18, 2016, 07:04:42 AM
 #10

You can sell your bitcoin on a trusted exchange and you will receive your fiat money in a bank account.
Trusted exchanges:Bitfinex,Bitstamp and BTC-e.

Yeah i also use bitfinex and i can say that it's good and easy to use. I think that bitfinex is one of the best sites to go if you are a newbie and want to sell or exchange your bitcoin into fiat.
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June 27, 2016, 11:36:45 AM
 #11

Hi Smiley We invite you to try out our platform https://bitbay.net/. Here is a link to our service overview:
https://www.cryptocompare.com/exchanges/bitbay/overview
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June 27, 2016, 12:15:13 PM
 #12

There are Safeway but you need to know how to be safe like in trading this is safest way but you can loose your money here. You need to know what is the best timing to buy/sell, what is the best alt coin in trading, you need to focus here in trading so that you can earn bitcoin and would not loose your money.  Cool Cool
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June 27, 2016, 03:00:29 PM
 #13

Localbitcoins or any of the famous exchanges would be the safest for selling your coins. Check out Bitstamp, and Bitfinex. Localbitcoin might give you a lot of different options to cash out.

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June 27, 2016, 06:25:30 PM
 #14

Check out with the local exchange in which your country operates along with localbitcoin.
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June 27, 2016, 06:32:42 PM
 #15

Circle.com is easy and safe.
That's how I do it, but I'm not looking to remain anonymous.   If that were the case, I'd do deals on this forum or in person.   Coinbase used to be good, just like circle.

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June 28, 2016, 05:01:47 PM
 #16

Posting trade advertisement through the localbitcoins.com website is the safest way of selling bitcoins compared to other bitcoin exchange websites.

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June 28, 2016, 05:09:12 PM
 #17

Posting trade advertisement through the localbitcoins.com website is the safest way of selling bitcoins compared to other bitcoin exchange websites.

You just gotta make sure though if you do place the advertisement its under a escrow option which most people know this but I`ll repeat it.

The non escrow options are people doing local transactions that meet up for cash.

As I mentioned before depending on the amount youre selling though.
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July 01, 2016, 07:01:10 PM
 #18

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!

if you want a safe way to do that, don't even try to sell them via paypal as buyer can get their money back after they got bitcoins so that is not safe way at all and you shouldn't try it

i think very safe way is to sell these bitcoins to your friend or anyone else  in real life, or you can also try to sell them via bank as buyer won't be able to get money back

 
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July 01, 2016, 07:59:09 PM
 #19

alot depends on the amount. if it's a big stack then you're best off going through a reputable otc broker like genesis global trading. even if you're verified exchanges might get funny with you if it's alot of money.

for smaller amounts then i'd go for somewhere like circle. i'm not gonna dick around with private buyers.
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July 01, 2016, 11:23:17 PM
 #20

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!

coinbase/circle if you have a bank account to hook up to them.


localbitcoins otherwise

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