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Author Topic: An alternative to Mt Gox?  (Read 1146 times)
Book (OP)
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June 27, 2013, 07:09:01 AM
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I was going to use Mt Gox to turn my bitcoins into real money but it asks for government ID and a residence bill to validate the account. Are there any alternatives where I can get my bitcoins turned into money and deposited into my bank or paypal without this?
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June 27, 2013, 10:44:26 AM
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you can sell your coins for paypal via bitinstant.com
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June 27, 2013, 10:59:29 AM
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I think you can do this on Btc-e and coinbase too all you need is a bank account
RATM69
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June 27, 2013, 02:09:40 PM
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CampBX if you also have a Dwolla account
Book (OP)
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June 27, 2013, 06:23:32 PM
 #5

you can sell your coins for paypal via bitinstant.com
About bitinstant, if I am in the UK can I just put I am from the US and want it sent to my paypal, and then have paypal convert the money into GBP?
Peter Lambert
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June 27, 2013, 06:31:16 PM
 #6

Read more:

Take at look here on ways to exchange your bitcoins: https://bitcointalk.org/index.php?topic=226217.0

Find out why getting dollars from mtGox would not have happened even if you did submit the information they request: https://bitcointalk.org/index.php?topic=244503.0

Another thread about trading: https://bitcointalk.org/index.php?topic=237339.0

And that is just from the first page of the 'Trading Discussion' subforum.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Viceroy
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June 27, 2013, 08:02:50 PM
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go here:
https://bitcointalk.org/index.php?topic=179147.0
flipper
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June 28, 2013, 05:10:24 AM
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Try Coinbase. Requires a link to your checking account.
Book (OP)
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June 28, 2013, 06:08:46 AM
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I would definitely prefer a service that cashes out straight to my bank rather than paypal, it would go a lot smoother. But it would have to be one that is very well trusted, and do any big ones aside from Mt Gox cash out in GBP?
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June 28, 2013, 06:19:29 AM
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LocalBitcoins.com

Find someone who is willing to buy your coins there.
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June 28, 2013, 03:09:09 PM
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i use coinbase, was able to set up a direct link to one of my business accounts
nimda
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June 28, 2013, 03:12:59 PM
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Avoid the exchanges if you can. Do a trade on the forums / #bitcoin-otc / localbitcoins. The exchanges provide central points of failure (Bad with a capital B) and have fees that you won't need to pay if you trade at spot off-exchange.
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June 28, 2013, 04:17:31 PM
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I was going to use Mt Gox to turn my bitcoins into real money but it asks for government ID and a residence bill to validate the account. Are there any alternatives where I can get my bitcoins turned into money and deposited into my bank or paypal without this?

There is a TON of alternatives, try BTC-e for starters.

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Book (OP)
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June 28, 2013, 06:59:34 PM
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Might try btc-e but it looks like there is no ideal exchange for GBP. I might just use highly trusted exchangers here.
Viceroy
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June 28, 2013, 07:43:47 PM
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isn't bitstamp in England?
Peter Lambert
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June 28, 2013, 07:48:20 PM
 #16

isn't bitstamp in England?

It would be easier to tell if the put some sort of contact information on their website. Ah, you can see it if you log in. They list an address in England.
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ABOUT US
BITSTAMP LTD. 5 Jupiter House
Calleva Park, Aldermaston
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Berkshire RG7 8NN
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Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
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June 28, 2013, 11:59:08 PM
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..yet they observe Slovenian bank holidays.
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July 01, 2013, 04:03:14 PM
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Avoid the exchanges if you can. Do a trade on the forums / #bitcoin-otc / localbitcoins. The exchanges provide central points of failure (Bad with a capital B) and have fees that you won't need to pay if you trade at spot off-exchange.

Best suggestion so far. Make sure to check the reputation of the person you're trading with - some users are impersonating reliable members....

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