buwaytress
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December 04, 2017, 06:42:34 PM |
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I think Pursuer's suggestion is the best, and works for me. I trade regularly/periodically on Localbitcoins just as my regular scheduled cashouts, though my trades are much larger, not usually less than EUR200 worth of Bitcoin per trade, and I can generally sell almost my entire sum if I wait long enough. Based on the interest I receive and offers made, I think you could do very well with small trades (depending on your location). You have to put up a flat 1% maker's fee, but I always add that 1% to my price anyway and it's still usually one of the best offers, and since you only pay per deposit, you can just deposit a large amount, and keep an open advertisement to sell (you can set it to auto adjust to market rates). The advertisement is hidden automatically when your coins run out, so you never risk overselling. I haven't found a better way to sell Bitcoin securely, while getting a respectable price.
Bisq has a very similar method, except I find it to be slightly slower, and you have to keep it open all the time (it's a separate app), whereas LBC is fire and forget.
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