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Author Topic: how do i sell my bitcoins ?  (Read 391 times)
LOST6MIND (OP)
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April 21, 2017, 12:40:33 AM
 #1

i'm from morocco and i want to sell my bitcoins without having to give 10% or sometimes more on localbitcoins i tried wirexapp and it's the worst their btc rates are worse than localbitcoins .. i wish i could sell my bitcoins on a website like coinbase but they don't support morocco. please help.
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April 21, 2017, 12:49:12 AM
 #2

Then find bitcoin users on your country that wants to buy some bitcoins and sell it directly to them.Fees are just normal for sites like localbitcoin to keep the site alive,its like your type of supporting the site also.

 
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naville
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April 21, 2017, 12:54:25 AM
 #3

Then find bitcoin users on your country that wants to buy some bitcoins and sell it directly to them.Fees are just normal for sites like localbitcoin to keep the site alive,its like your type of supporting the site also.
yes agree, and one advice again to always use escrow
FlamingFingers
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April 21, 2017, 01:08:08 AM
 #4

Well. Maybe you can do what I did. I had like 0.3BTC and I wanted cash (Bitcoin price was around $750 at that time), and also didn't like the high fees because it would take a big chunk of my cash. All I did was going to an exchange with the highest possible BTC/USD price and the lowest possible fees, putting my bitcoins there, exchanging to USD, making an online processing account (like PayPal, for example), Sending the money to that account, going to a reputable bank, asking for something called Internet Visa (which was too cheap), adding that Visa to my account, withdrawing money! (The withdrawal process was free!)

It's tedious, but was worth it for me. You can do this, or of course, save your time and sell on LocalBitcoins.com. (If you are able to find a Moroccan trader on LocalBitcoins, he would save your day.)  

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European Central Bank
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April 21, 2017, 01:15:37 AM
 #5

are you sure you lose out on localbitcoins?

right now you can sell to trader in morocco on there for the equivalent of $1277. that's more than you'd get from coinbase.

if you actually sell to other people on there it looks like you can ask over $1400.

the localbitcoins commission is only 1%
LOST6MIND (OP)
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April 21, 2017, 01:59:58 AM
 #6

are you sure you lose out on localbitcoins?

right now you can sell to trader in morocco on there for the equivalent of $1277. that's more than you'd get from coinbase.

if you actually sell to other people on there it looks like you can ask over $1400.

the localbitcoins commission is only 1%
i tried to sell to 3 buyers on localbitcoins one of them told me he wasn't in my city and that i should meet him where he wants .. another one kept stalling and i don't know why .. and the last one wanted to buy for a very low price.. to avoid all of this i want to find out if there are other ways that i could sell online that i'm missing ..
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April 21, 2017, 02:08:14 AM
Last edit: April 21, 2017, 02:26:30 AM by European Central Bank
 #7

i tried to sell to 3 buyers on localbitcoins one of them told me he wasn't in my city and that i should meet him where he wants .. another one kept stalling and i don't know why .. and the last one wanted to buy for a very low price.. to avoid all of this i want to find out if there are other ways that i could sell online that i'm missing ..

ah, i guess you will know better.

have you emailed the usual exchanges? for instance if you sign up with kraken.com they have morroco on the list of countries. is it simple to receive and change euros via bank transfer for you?

another thing you could look into is getting a bitcoin debit card and withdrawing cash which will give you close to market rate. you load your bitcoin into the wallet on the xapo website then you can withdraw cash through the card using an ATM.

https://support.xapo.com/which-countries-can-the-xapo-debit-card-be-shipped-to

the xapo card is good and ships to morocco but they only issue them in usd, eur and gbp so there would be an extra charge to withdraw in dirham.

i personally wouldn't bother with private sales if i had a card even if you lose a euros in fees.
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April 21, 2017, 02:15:35 AM
 #8

Try searching for local exchanger on your country. Or if you like you can always convert it on us dollar and just convert it on your country's fiat. If you would like try exchanging it on poloniex or some exchange site.
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April 21, 2017, 02:18:54 AM
 #9

i'm from morocco and i want to sell my bitcoins without having to give 10% or sometimes more on localbitcoins i tried wirexapp and it's the worst their btc rates are worse than localbitcoins .. i wish i could sell my bitcoins on a website like coinbase but they don't support morocco. please help.
You are in the right section if you want to sell you Bitcoins but you need to be specific. What do you want to exchange it with? Do you want to be paid using Western Union, Moneygram, Skrill, Neteller, Paypal? But you have to be careful in dealing with some guys here as you may end up being scammed specially when using Paypal.
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April 23, 2017, 04:35:19 AM
 #10

Mate, if you want you can use this forum for trading your coin, I guess it is better if you use escrow as posted up there and for sure things will be smooth it is just that you are going to give some fee to the escrow, especially when you make a huge transaction, just be secure mate and look for good buyers.

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ETCethereum
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April 23, 2017, 09:25:10 AM
 #11

i'm from morocco and i want to sell my bitcoins without having to give 10% or sometimes more on localbitcoins i tried wirexapp and it's the worst their btc rates are worse than localbitcoins .. i wish i could sell my bitcoins on a website like coinbase but they don't support morocco. please help.

another coinbase and similar coinbase you can try
1 bitstamp
2 kraken
in there support all country, support withdraw to youre bank account use transfer wire or youre card
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April 26, 2017, 08:58:04 PM
 #12

Have you ever tried out bitsquare before? Essentially it's a P2P trading platform that you run on your computer to connect to the network (through Tor).  It's actually a really legit system that reduces the cost of trading, lets you trade amongst other people in the currency of your choice (through an escrow w/ a multisig address), and keeps you somewhat anonymous by default.

If you are interested, I'd recommend you checking out the faq section to read up a little more about it; but I highly recommend it: https://bitsquare.io/faq/

Jantapw
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April 26, 2017, 08:59:09 PM
 #13

there are many ways to sell bitcoins... either through local exchange or face to face deal
or try localbitcoins.com
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