Best way to get real $$ for Bitcoins?

[favelle75]

Made an account at Mtgox, having trouble figuring out the best way to sell my Bitcoins for CDN dollars without getting completely ripped by fees.

[Stephen Gornick]

Made an account at Mtgox, having trouble figuring out the best way to sell my Bitcoins for CDN dollars without getting completely ripped by fees.

 - http://LocalBitcoins.com

You sometimes can even get better than spot price, paid in cash.

[arsenische]

I've noticed this service recently: https://btc2pp.net/ , but not sure if it can be trusted... Anybody tried it?

[favelle75]

Anyone else?  How can I pull CDN $$ out of Mtgox without being nickel and dimed to death with fees?

[grue]

Anyone else?  How can I pull CDN $$ out of Mtgox without being nickel and dimed to death with fees?

the only way that is free is with local transactions

[favelle75]

I don't mind paying a fee...I just don't want to pay INSANE fees.

[calian]

Why not use a Canadian exchange? Much easier and you can sell directly for CAD.

https://www.libertybit.com/  - I think the lowest fees, 0.5% is lower than mtgox.
https://www.cavirtex.com/home  - has a 3% fee.
https://btcto.com/  - don't know if they're operational yet.

[favelle75]

Are they reliable? cavirtex has a $6 fee.  Not bad for larger sums...it'll eat away at smaller amounts.

[favelle75]

Libertybit looks interesting though.  $2 for an EMT is pretty sweet.  Keep the transations at $500 and up and you'll only pay 0.4%.

[calian]

I've had good experience with libertybit, both buying and selling. Have done interac in and out. It's a small exchange but Paul is really good about communication and customer service.

[favelle75]

Good to know calian.Seems good to me!

[jag2k2]

bitcoin is real $$

[Stephen Gornick]

Unfortunately only a few people are using WeExchange.co or their FIAT.CAD instrument on BitFunder.com

 - https://www.WeExchange.co  <--  Accepts Interex
 - http://www.BitFunder.com

[ManBearPig]

I've noticed this service recently: https://btc2pp.net/ , but not sure if it can be trusted... Anybody tried it?

Never heard of it but the first alarm bell that rings is that it asks for your PayPal email before even explaining what the website does.

Personally wouldn't touch it with a bargepole - they state they don't accept PP for BTC for the very same reasons you shouldn't either: chargebacks.

[martynw2000]

Transfer to OKPay for 1% fee at MTGox, then withdraw to OKPay debit card for about 2.5%, use ATM.

[favelle75]

Ran through the Libertybit process and it was flawless.  So easy.  $2 for an EMT right to my bank account, no other hidden fees.  I'll use Mtgox for trading and Libertybit for cashing out.

Thanks all!

[firefop]

Ran through the Libertybit process and it was flawless.  So easy.  $2 for an EMT right to my bank account, no other hidden fees.  I'll use Mtgox for trading and Libertybit for cashing out.

Thanks all!

Glad you got it worked out - incase anyone else was wondering for USD the best way is through dwolla.

[favelle75]

Ran through the Libertybit process and it was flawless.  So easy.  $2 for an EMT right to my bank account, no other hidden fees.  I'll use Mtgox for trading and Libertybit for cashing out.

Thanks all!

Glad you got it worked out - incase anyone else was wondering for USD the best way is through dwolla.

I agree....that 25-cent fee is unbeatable.  US = Dwolla, Canad = Libertybit.

[notme]

bitcoin is real $$

This.  Also, this thread probably belongs here: https://bitcointalk.org/index.php?board=8.0

[favelle75]

Its not real $$ everywhere.  And as a smart investor, I don't hedge my bets into 100% of one place.  No thanks.