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Author Topic: Easiest way to transfer BTC to a bank account (in fiat curreny)  (Read 561 times)
liberalisator (OP)
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April 20, 2013, 06:56:04 PM
Last edit: April 20, 2013, 07:30:03 PM by liberalisator
 #1

Dear Bitcointalk community,

can you please give me advice on whats the quickest and also easiest way to transfer
my bitcoins,which i already have, on to a bank account.

Of course I know that BTCs have to be changed to a fiat currency like USD or EUR.

I dont know which site / service is best on this, especially considering the fees.

Thanks for your reply.

LIB
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aikklond
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April 20, 2013, 06:59:18 PM
 #2

I had the same question, some guys told me about bitcoin-central and bitstamp.

the first might be easier for Europe, If anyone knows better we could use more info
dc81
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April 20, 2013, 07:05:40 PM
 #3

https://www.fastcash4bitcoins.com/

naphto
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April 20, 2013, 07:07:57 PM
 #4

You can only transfer btc into a btc wallet, it is not possible to put them in a bank account, or maybe you are speaking about writing down the private key and putting it into a safe-deposit box?
liberalisator (OP)
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April 20, 2013, 07:22:56 PM
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You can only transfer btc into a btc wallet, it is not possible to put them in a bank account, or maybe you are speaking about writing down the private key and putting it into a safe-deposit box?

I edited the request already, of course I mean first to change BTCs in a fiat currency like USD or EUR.
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April 20, 2013, 08:00:31 PM
 #6

I have the same question.  I think some people use Dwolla which supposedly has lower fees than Paypal. But they require you to send in gov't issued documents, etc to get verified and that can take longer.   I think BitInstant sometimes will transfer to Paypal but I don't trust them.  You can also do a wire transfer in some cases but that is a hassle and also expensive.
liberalisator (OP)
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April 21, 2013, 02:05:12 AM
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has anyone experience with this provider?
shibaji
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April 21, 2013, 02:06:25 AM
 #8

If you are in USA, Coinbase is best.
Joshster
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April 21, 2013, 02:06:55 AM
 #9

You can always post up a advert in the market then use a trusted escrow service, try to avoid PayPal due to fraud.
supremecream
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April 21, 2013, 02:07:24 AM
 #10

i highly recommend dwolla too
sublime5447
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April 21, 2013, 02:16:36 AM
 #11

The quickest and easiest way to transfer btc to a bank account is to sell the coins to me for paypal funds then transfer that to your bank. I always have paypal funds for btc or ltc and will almost always be willing to pay at least spot price. I buy and sell btc and ltc for paypal. Here is my page https://www.facebook.com/bitcoinfriends and you can check me out on ebay as well. Thanks
gannikus
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April 21, 2013, 02:24:14 AM
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I wish paypal was more safe to sell AND buy, I hate how all these scammers made paypal a bad name
Joshster
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April 21, 2013, 02:26:50 AM
 #13

I wish paypal was more safe to sell AND buy, I hate how all these scammers made paypal a bad name



PayPal is a love hate thing, it's so easy to use and I wish I could use it safely but then you have to worry about your funds for 180 days and it's not worth the risk.
bitcoinscanada
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April 21, 2013, 02:46:49 AM
 #14

BitcoinsCanada.ca if you're in Canada. Send in BTC and get cash directly in your Canadian bank account.
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