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Author Topic: Is there a safe way of converting BTC to FIAT and getting them into your account  (Read 577 times)
aikklond (OP)
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April 20, 2013, 01:11:47 PM
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Hello. I was just wandering if someone wants to convert some of his BTC to USD or EUR and draw them to his bank account, how could this be done?

Is there a way of doing so in the European Union?
naphto
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April 20, 2013, 01:14:17 PM
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https://mtgox.com/
https://bitcointalk.org/index.php?board=53.0
nomnomnom
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April 20, 2013, 01:18:38 PM
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In the EU I can recommend https://bitstamp.net. They support SEPA transfers.
They trade in USD, but if you withdraw or deposit it gets converted on current EUR/USD exchange rate.
JaneY
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April 20, 2013, 01:36:22 PM
 #4

BTC is the currency of the future, why would you transfer BTC to FIAT, should be the other way round.
aikklond (OP)
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April 20, 2013, 01:37:51 PM
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So you can link a bank account with them and they pay you in Euro for what you have sold ontheir site?
Frequency
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April 20, 2013, 01:41:46 PM
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So you can link a bank account with them and they pay you in Euro for what you have sold ontheir site?

I use www.bitcoin-central.net it is EU exhange with bankstatus it works very easy only €0,99 transfer fee any amount to your bankaccount..in 24-48hours...

 Wink

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aikklond (OP)
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April 20, 2013, 02:33:05 PM
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I will sign in. Do you know what verificationthey ask for linking a bank account?
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April 20, 2013, 02:41:37 PM
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I will sign in. Do you know what verificationthey ask for linking a bank account?

You can fill in a form on the site to verify your bankaccount it takes 1 or 2 days to compleet, I think there is a limit <500€ without a verified account also but i am not sure you can check the site...

GL

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sohaib38
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April 20, 2013, 04:36:17 PM
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Yes this part is a hassle and I'm trying to figure out the best way to do it myself. I think Bitstamp is the best way to do in Europe but I'm not sure how to do it in the USA.  I could go with Mt Gox to Dwolla but takes a lot of verification and such. 
Joshster
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April 20, 2013, 04:37:08 PM
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Could always sell privately via Bank Transfer in the market here.
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