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Author Topic: Safest way to sell bitcoins?  (Read 11451 times)
Xenophoto
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November 09, 2016, 01:45:33 PM
 #121

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.
Other countries have their own local exchange site. You don't have to worry about that. I'm also using coins.ph and their withdrawals are pretty fast and reliable. They don't have fees when you're going to sell your coins and transfer them to your bank account. I did moved some of my coins into blockchain because for some reasons I think that coins.ph will eventually be hacked or atleast be targeted by hackers. It's been there for a while but we can't say for sure that they will not be hacked especially now that they hold a lot of coins in their website.

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November 09, 2016, 03:41:01 PM
 #122

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.

Not all the exchange sites are scam there are many trusted sites as well where you can buy and sell your coins without any fear of loosing them, I am selling my coins on localbitcoins since I am into bitcoins and I never faced any security issue on it.
What I do is take a middleman site like paypal and then I sell my bitcoins to trusted buyers here (well, many are here who gives PP and are enormously trusted ) then I withdraw from paypal to my local bank.
The best though is to find a trusted and local seller on localbitcoins.
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November 09, 2016, 06:08:20 PM
 #123

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.
yes that is a fact that there are a lot of exchanges and most of them are reliable and trusted, it only depend on you  that which one you consider most reliable for your self, i also use local bitcoin exchange for buying and selling bitcoins.

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November 10, 2016, 09:32:35 AM
 #124

The problem with localbitcoins is that sometimes you are not online and then a buyer comes along... you end up missing the trade Undecided
So you have to be alert most of the time and not sleep

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November 10, 2016, 12:41:47 PM
 #125

The problem with localbitcoins is that sometimes you are not online and then a buyer comes along... you end up missing the trade Undecided
So you have to be alert most of the time and not sleep
If that is the problem then why just sell your bitcoin in a certain exchange site in your area. I do not see in localbitcoins but in our local exchange it's easy to sell bitcoin. Of course you have to pay the fee but that is just a minimal fee and I can just let go of it as long as it's safe.

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November 10, 2016, 02:22:00 PM
 #126

The problem with localbitcoins is that sometimes you are not online and then a buyer comes along... you end up missing the trade Undecided
So you have to be alert most of the time and not sleep
Yes, actually payment method using reversible service is difficult for buy bitcoins because it is high risk especially make transaction with people who new making transaction, and in my experience virwox is more better than localbitcoin, although i have got high fees but it is best choice for me.
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November 10, 2016, 04:21:25 PM
 #127

A day since I am into bitcoin world, I am selling my bitcoins on localbitcoins and transferring money to my bank account, it hardly takes few minutes for the amount to get credited into your bank account and that also with the least fees and I never faced any issue with it and I am selling my coins regularly and safely at that place.
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November 10, 2016, 06:02:02 PM
 #128

A day since I am into bitcoin world, I am selling my bitcoins on localbitcoins and transferring money to my bank account, it hardly takes few minutes for the amount to get credited into your bank account and that also with the least fees and I never faced any issue with it and I am selling my coins regularly and safely at that place.

Yup localbitcoins would be the best place to have a perfect trade, Mostly all are trustful traders only. Apart from localbitcoins, you could have try in coinbase or kraken. these also good platform to have a good bitcoin trade.
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November 11, 2016, 02:44:13 AM
 #129

The safest method to sell your bitcoins is most likely at localbitcoins because you can tell really meet with a seller nearby and discuss about the exchange too.
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November 11, 2016, 03:02:43 AM
 #130

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!
actually there are many safest way to sell bitcoin but the most safe way (in my thinking) is localbitcoins .
because we can make online deal at LBC with escrow , so we don't need of any scam . It is totally safe and trusted .
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December 27, 2016, 07:45:36 AM
 #131

there is a lot of exchange who buy and sell bitcoin like as yobit.net or localbitcoins etc you can easily sell your bitcoin with safest through these exchange and i think these exchange are trusted and i am sure you will never face to scammer because there is some exchange people do not feel secure with him.
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December 27, 2016, 08:32:43 AM
 #132

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.
I agree with you that there is many trusted sites for buy and sell bitcoin and you are right localbitcoins is much more better than other and i also buy and sell my bitcoin through localbitcoins and i feel safe in localbitcoins.
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December 27, 2016, 10:13:29 AM
 #133

the safest way to sell bitcoin that i know is when the price is in the high price like in few days ago which is in $913 is a good price for us to sell our bitcoin but if you want to wait for a little time, maybe the price will be high than that price and you can sell it for make a profit.



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Sled
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December 27, 2016, 12:22:13 PM
 #134

One of the safe way i know is to sell bitcoin is using exchangers like popular exchangers because i'm sure that most of the feedbacks on those exchangers are good and just a few bad reviews.

But in my experience, The safest way that i have ever tried to sell bitcoins is to sell it personally like we will meet on a agreed place and he will give the money and i will transfer the bitcoins easily. In that way i feel secured and i don't have any doubt that i will get scammed because i always request to give the money to me before i send bitcoin.
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June 27, 2017, 11:33:46 AM
 #135

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!
actually there are many safest way to sell bitcoin but the most safe way (in my thinking) is localbitcoins .
because we can make online deal at LBC with escrow , so we don't need of any scam . It is totally safe and trusted .

NO that's not true. I selled some bitcoins over localbitcoins and SKRILL and 2 buyers repoted me as money lanundering and they get money back and keep my stollen BTCs.
SKRILL is the worse for selling Bitcoins, almost the same is Paypal if someone report as money laundering you You will loose money and BTCs.
I loose on Skrill about 2000€ and on paypal about 600$
I didn't try sepa yet. I checked Bitstamp and they are insane with all identification you need to send them.


Still looking for simple and safe selling of Bitcoins with normal fees, our ATM machines for changing BTCs to EUR takes verry high fees, 6,5%.
If anyone find safe way for selling BTCs please let me know.

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June 27, 2017, 11:38:16 AM
 #136

One of the safe way i know is to sell bitcoin is using exchangers like popular exchangers because i'm sure that most of the feedbacks on those exchangers are good and just a few bad reviews.

But in my experience, The safest way that i have ever tried to sell bitcoins is to sell it personally like we will meet on a agreed place and he will give the money and i will transfer the bitcoins easily. In that way i feel secured and i don't have any doubt that i will get scammed because i always request to give the money to me before i send bitcoin.

This is also not true, they stole BTCs from some of that sites, remember this.

"Mt. Gox became infamous for this problem before it went bankrupt, and BTC-e has recently been plagued with reports of similar difficulties."

ladydark
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July 06, 2017, 01:00:27 PM
 #137

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!
So far,the safest way i have found to sell bitcoins is the localbitcoins.com.We could either sell through bank transfer or directly in person.both options are available.But nowadays,they have started to charge fee for even incoming transactions.That seems not fair.

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July 06, 2017, 01:26:07 PM
 #138

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!
So far,the safest way i have found to sell bitcoins is the localbitcoins.com.We could either sell through bank transfer or directly in person.both options are available.But nowadays,they have started to charge fee for even incoming transactions.That seems not fair.
Here in my country we have a local bitcoin provider and that is very convenient for us Filipino because with the help of that we can sell our bitcoin and even transfer or withdraw to an ATM machine for free, no transaction fee that is reliable site too however, holding of big funds there will be not safe for me because the have some issues about locking of account.

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July 06, 2017, 03:00:56 PM
 #139

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!
I know two website service can help you, this is paxful.com and localbitcoins.com. But before make deal please checking history trade the people you will sell Bitcoin, if have some negative trust be careful with them. I recommend use paxful can help you have more choice receive money


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July 06, 2017, 03:40:10 PM
 #140

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.
Local trader of bitcoin can be the suitable exchange of bitcoin for those who is new on bitcoin. Wallet application can make your selling of bitcoin with ease. It is also reliable because you are going to sell it through your currency. But if you are prefer on trading and making a comparison between the price you could also visit some site for you to get know the suitable option for your transactions.
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