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Author Topic: Safest way to sell bitcoins?  (Read 11451 times)
worle1bm
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July 23, 2018, 04:39:54 PM
 #181

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!
The safest way is to get your btc exchange for Fiat through any trusted exchange using security verifications and get your money in your bank account. You can have a look at bitfinex as it is reputed exchange for this purpose.

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mybtcasset
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July 23, 2018, 06:19:05 PM
 #182

i use local bitcoin very often to sell my bitcoins i feel localbitcoins is more secure than any other currency with no government intervention only peer to peer
coinscircle
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July 23, 2018, 09:19:20 PM
 #183

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 believe you should not hurry to sell bitcoin at this time, can see that the market in the past few days are recovering very strong, the price of bitcoin according to my analysis broke the downtrend in the short term and is currently uptrend. Therefore, bitcoin prices will be able to keep rising so I think you should not sell bitcoin at this time.
Coinnosaurus
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July 23, 2018, 10:30:04 PM
 #184

The easies way to buy Bitcoins in my opinion is through Coinbase. It's like PayPal. You link your bank account or credit card details and then you can purchase them. Really easy.
galinskiydmitriy
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July 23, 2018, 10:31:03 PM
 #185

For me, the best service where you can exchange Bitcoin for almost any crypto currency is localbitcoins. With security problems on this site also did not come across, so I highly recommend it.
Clark05
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July 23, 2018, 10:47:26 PM
 #186

If your country is philippines you can use coins.ph and you can sell your bitcoin anytime you want and they can send your money to remittance and bank depends of your payout option. But if you are not in the philippines make a research about wallet or exchanges who can sell your bitcoin.
phucngungoc
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July 23, 2018, 10:51:38 PM
 #187

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 think the safest and most appropriate time to sell bitcoin is to sell when bitcoin is rising, then the market is in the best liquidity. You should choose trusted and well-known sites that can be used to sell bitcoin safely and easily. The market is constantly adjusting so I think you should have prepared in advance.
alminium
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July 24, 2018, 04:04:23 AM
 #188

I think the best way to sell our Bitcoin is an exchange that sometimes has a higher Bitcoin value. Now I'm looking for another platform, I got the Cex idea. I think I will use it again because this is the best platform.
mulukey
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July 24, 2018, 04:10:58 AM
 #189

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 each country there will be an online marketplace that will help you convert from electronic money into cash and they will send it through the bank for you. For countries that are banned from trading bitcoin, there will be those sites where merchants can switch to real money.
I advise you not to transact people, there are many fraudsters.
nyerok
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July 24, 2018, 04:18:34 AM
 #190

In my opinion i think the best way to sell our Bitcoin is an exchange that sometimes has a higher Bitcoin value. But if the price is down you don't panic and sell everything. Just wait with holding until the price is up and already make a big profit
vanedwap
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July 24, 2018, 04:54:33 AM
 #191

there's a a lot of safety way to sell your bitcoin you can use local exchange in your county or any other trusted platform like poloniex or binance dont forget to enable your 2FA authenticator for you security

Pattart
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July 24, 2018, 05:03:22 AM
 #192

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!
The safest way is to get your btc exchange for Fiat through any trusted exchange using security verifications and get your money in your bank account. You can have a look at bitfinex as it is reputed exchange for this purpose.
Actually there are many exchanges you can use and many of them also accept withdraw to paypal or bank account, and almost every exchange is safe enough to withdraw your money, but i suggest to use famous exchange like bitfinex, poloniex, bittrex, etc it will be safer..
Cryptokarl
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July 24, 2018, 06:27:06 AM
 #193

In my own opinion, the safest way I have seen and used so far to sell my bitcoin to fiat is through coinbase. They are quite easy and safe to use to do your transactions
traderethereum
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July 24, 2018, 07:03:49 AM
 #194

I think the best way to sell our Bitcoin is an exchange that sometimes has a higher Bitcoin value. Now I'm looking for another platform, I got the Cex idea. I think I will use it again because this is the best platform.

you need to find an exchange that can send the amount of money to your local bank so you don't have a problem to receive that money. unfortunately, I don't have any experience with the exchange and so far, I still use my seller in localbitcoin to sell my bitcoin and I think the fee that I need to pay is not too big. sometimes I thinking about to be a seller in the localbitcoin to cover what my friends need to sell their bitcoin but in the other side, I don't have much money to start.

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coffigayo
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July 24, 2018, 08:10:47 AM
 #195

In our opinion we can use Localbitcoins. They may be the best sellers and buyers who are out there and allow almost free listings. Many potential buyers on the platform. As you will wait for a few days to get our fiat withdrawal, so now I am to decide.
jessica2020
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July 24, 2018, 10:29:21 AM
 #196

In my opinion, the safest way to sell bitcoins is you must identify the trusted exchanger that you will use in exchanging your coin. It is important to use 2fa to make your coins safe from hackers. I have also coinbase I think it is a safe way.
aliraza6663
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July 24, 2018, 10:30:54 AM
 #197

These days virtually all the methods available to buy bitcoin also offer the option to sell.

The exception is bitcoin ATMs – some do allow you to exchange bitcoin for cash, but not all. Coinatmradar will guide you to bitcoin ATMs in your area.

All exchanges allow you to sell as well as buy. What type of exchange you choose to sell your bitcoin will depend on what type of holder you are: small investor, institutional holder or trader?

Some platforms such as GDAX and Gemini are aimed more at large orders from institutional investors and traders.

Retail clients can sell bitcoin at exchanges such as Coinbase, Kraken, Bitstamp, Poloniex, etc. Each exchange has a different interface, and some offer related services such as secure storage. Some require verified identification for all trades, while others are more relaxed if small amounts are involved.

(Of course, don't forget to declare any profit you make on the sale to your relevant tax authority!)

You can, if you wish, exchange your bitcoin for other cryptoassets rather than for cash. Some exchanges such as ShapeShift focus on this service, allowing you to swap between bitcoin and ether, litecoin, XRP, dash and several others.

Another alternative is the direct sale. You can register as a seller on platforms such as LocalBitcoins, BitQuick, Bittylicious and BitBargain, and interested parties will contact you if they like your price. Transactions are usually done via deposits or wires to your bank account, after which you are expected to transfer the agreed amount of bitcoin to the specified address.

Or, you can sell directly to friends and family once they have a bitcoin wallet set up. Just send the bitcoin, collect the cash or mobile payment, and have a celebratory drink together. (Note: it is generally not a good idea to meet up with strangers to exchange bitcoin for cash in person. Be safe.)
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July 30, 2018, 05:54:41 AM
 #198

Select the best local exchange before sell just choose the safe and secure. For that you have to pay some transaction fees first you change the bitcoin to local fiat which you want then they transfer the money to your bank accout. This is the safest way to sell your bitcoin. Coinbase, binance are the best exchanges to sell or buy bitcoin.
The exchange which you use for the sake of buying as well as selling of any of the crypto coin especially bitcoin carries the most significant importance and that you must be sure that you are making the right choice so that you may stay away from any kind of scam and that you also need to be sure that you are only selling your coins at time when then market rates are high enough.
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July 30, 2018, 01:14:11 PM
 #199

If you want to sell BTC safely, you have to be patient, if you are patient you will wait for a reasonable price, if you decide not to sell you cheap BTC you will lose money
Hassan02
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July 30, 2018, 02:20:12 PM
 #200

Select the best local exchange before sell just choose the safe and secure. For that you have to pay some transaction fees first you change the bitcoin to local fiat which you want then they transfer the money to your bank accout. This is the safest way to sell your bitcoin. Coinbase, binance are the best exchanges to sell or buy bitcoin.
The exchange which you use for the sake of buying as well as selling of any of the crypto coin especially bitcoin carries the most significant importance and that you must be sure that you are making the right choice so that you may stay away from any kind of scam and that you also need to be sure that you are only selling your coins at time when then market rates are high enough.
As the best choice for it , yes this is some of the best that you may have to do for that waiting when are the best time of selling for your coins that you are holding for. Not all the time you can sell anytime what you want well wait when the right time could be and this may ever have to earn your for.
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