Sell BTC for Cash

[racy]

Hello,
I want to sell BTC in Las Vegas. I want to get around 2000 Dollar, depents on the x-change how much BTC I have to spent.

I have to opportunities:
- Sell BTC to a stranger found with localbitcoins.com
- Sell BTC on an ATM.

The x-change rate at an ATM is quite poor, but for me it sounds "safe" to sell it to a maschine.

In general I do not have any idea how it will work. I have a german wallet on bitcoin.de and I'm not interessted in transfering it somewhere else then to the buyers wallet due to the high transaction fees.
What would you think how long I have to wait, until the payment is processed? I'm not interesssted in waiting a long time to get the deal done.

Any tips for the deal beside public area, free wifi and counterfeit money?

Thanks a lot!

[crairezx20]

Why not accept ATM but first share with us if what site you are talking about that accept ATM cards..
If you feel safe there better to sell your bitcoin and accept ATM since there are people already scam in localbitcoin if you don't follow the escrow rule there are possibility that you will be scam just be ware and follow the rule carefully when dealing to someone in localbitcoin..
About the fee i think better to wait for the network to decrease the fee if you transfer bitcoins right now it will ask for huge fee. so better to wait more weeks or days if the fee lower..

[tech72]

Selling to a stranger will give you opportunity to negotiate the price in your favour. Go with this option.

[syaripudin]

which I know how much cash you want to get at this time it depends on the price movement at the moment. and what I do to sell bitcoin is usually through a local wallet site that exists in my country and the price I can get right now is dependent on price quotations when I make my btc sales. and as you said that is about some things you can do to sell your bitcoin if someone is willing to accept individual bitcoin I think you can do that because I think with you doing a sale that way of course course you will be able to negotiate a price issue that you can agree on.

[Sniar]

Hello,
I want to sell BTC in Las Vegas. I want to get around 2000 Dollar, depents on the x-change how much BTC I have to spent.

I have to opportunities:
- Sell BTC to a stranger found with localbitcoins.com
- Sell BTC on an ATM.

The x-change rate at an ATM is quite poor, but for me it sounds "safe" to sell it to a maschine.

In general I do not have any idea how it will work. I have a german wallet on bitcoin.de and I'm not interessted in transfering it somewhere else then to the buyers wallet due to the high transaction fees.
What would you think how long I have to wait, until the payment is processed? I'm not interesssted in waiting a long time to get the deal done.

Any tips for the deal beside public area, free wifi and counterfeit money?

Thanks a lot!

Go for an ATM, it's much more safe and saves lot of time. Just imagine the whole time you would been looking for a right man for a trade.

[nydiacaskey01]

Face to face transaction in selling Bitcoin is a good way to avoid being scammed however keep in mind that the person you are dealing with is a complete stranger and this stranger may have something else in his mind and its not to exchange his fiat to BTC or vise versa. Don't meet alone, ask someone you know to be with you so if anything bad happens there is someone who can help you out right away.

[racy]

With ATM I mean a Bitcoin ATM. A couple are located around Las Vegas for trading, but they usually call for up to 10% transaction fee. I do not know, if this already includes the system fees, but when I want to get 2000 Dollar, I have to pay 200 just for the transactions (sounds more like scam to me)

I woun't be alone, my wife will be with me, but it could take some time until the BTC transfer is validated and I have to wait until I get my Cash.

I looked at "localbitcoins.com" for people with some transactions and wanted to sell to them, but to be honest, I have no clue how to proceed.
I would open my "bitcoin.de" online-wallet and would start a transfer, when he presented the money.
Hopefully the buyer will be more experienced than me :-D

[DuaLipa]

Never take the risk of getting scammed by strange people.

Go to a bitcoin ATM in your region and I know there are plenty of them in United States. This would be the best solution to cash them out for you.

[chiggz]

Please move your thread to the currency exchange section to get more exposure for your deal. Also regarding dealing with public, Be highly cautious while dealing with any stranger. I would personally avoid trading in public as anyone can mug you or some gangster be ready to prey on your BTC. 

If possible try to get an escrow here and go for Bank transfer altogether with some trusted member on the forum. So both the parties can have a safe trade. Also you can get better rates.

[racy]

I actually do not want a bank transfer, because I'm not a resident of the USA.
Seems to be more complicated, than I thought than sell BTC for some cash :-)

The ATM option is quite expensive. I just checked the rate for BTC selling and it is aroun 8%, means 160 Dollar just for some cash

[mafostedu]

The best thing that you can do is just sell on p2p in localbitcoins, that is probably the best thing that you can do.
You are going to stay in there for a few minutes, just open the trade in localbitcoins once that you are in there and he will give you the cash. It is simple as that..

[racy]

The best thing that you can do is just sell on p2p in localbitcoins, that is probably the best thing that you can do.
You are going to stay in there for a few minutes, just open the trade in localbitcoins once that you are in there and he will give you the cash. It is simple as that..

Sounds to easy for me
I hoped it will work like this. I think I will try it in Vegas and pick someone over localbitcoins who has several transactions.

[ChrisPop]

Do the maths and if it is much cheaper to make the transaction face-to-face go with that option. But take all the necessary security measures. Take a frien with you,use the escrow rules on localbitcoins. Make sure the fiat you receive is not counterfeit which can be really hard if you're not a professional. Best would be to make the trade with a person who has a proven track record. 

[Hazir]

Op, if you are not in desperate need of fiat money - don't sell your bitcoin now. Wait for the better opportunity - there will be plenty for sure.
If you could just hold your coins for the next 3 years it would be ideal - next halving will be crucial for determining bitcoin price.
I made the same mistake of selling my coins before 2016 and I regret it today...

[Freshmen]

Why not accept ATM but first share with us if what site you are talking about that accept ATM cards..
If you feel safe there better to sell your bitcoin and accept ATM since there are people already scam in localbitcoin if you don't follow the escrow rule there are possibility that you will be scam just be ware and follow the rule carefully when dealing to someone in localbitcoin..
About the fee i think better to wait for the network to decrease the fee if you transfer bitcoins right now it will ask for huge fee. so better to wait more weeks or days if the fee lower..

First I would like to say if you have a friend that is also into cryptocurrency, ask him how he withdraws his Bitcoins to cash, to know if there’s any trusted exchanger that he sells to, if not, then you might want to check out Local Bitcoins and check for trusted and old exchangers with reputation; ones that has been on the site for a long time. If not, using ATM be best. $2000 is not a small money and you shouldn’t just lose it carelessly to these worthless scammers.

[racy]

Thanks to all! I will try to find an old trader with a lot of reputation on localbitcoins.com. If I have no luck, I will just let the coins sit on my wallet to wait for a better opportunity.

[Shenzou]

Hello,
I want to sell BTC in Las Vegas. I want to get around 2000 Dollar, depents on the x-change how much BTC I have to spent.

I have to opportunities:
- Sell BTC to a stranger found with localbitcoins.com
- Sell BTC on an ATM.

The x-change rate at an ATM is quite poor, but for me it sounds "safe" to sell it to a maschine.

In general I do not have any idea how it will work. I have a german wallet on bitcoin.de and I'm not interessted in transfering it somewhere else then to the buyers wallet due to the high transaction fees.
What would you think how long I have to wait, until the payment is processed? I'm not interesssted in waiting a long time to get the deal done.

Any tips for the deal beside public area, free wifi and counterfeit money?

Thanks a lot!

If you are not planing on waiting a couple of weeks until this fee madness comes to an end, than you won't be able to get the most of your bitcoin's potential, whether its at ATM or in localbitcoin the fees are going to be high, so be patient, there is another way, which is through localbitcoi, find a person buying bitcoin hand to hand, and chat with him and explain to him that you are going to send him the bitcoin from wallet to wallet, and you can meet up and finish the transaction, that is if you are in a hurry to sell them.

[racy]

If you are not planing on waiting a couple of weeks until this fee madness comes to an end, than you won't be able to get the most of your bitcoin's potential, whether its at ATM or in localbitcoin the fees are going to be high, so be patient, there is another way, which is through localbitcoi, find a person buying bitcoin hand to hand, and chat with him and explain to him that you are going to send him the bitcoin from wallet to wallet, and you can meet up and finish the transaction, that is if you are in a hurry to sell them.

I thought this is the way it will work?

Make an offer over localbitcoin, meet F2F, transfer bitcoins to his wallet, after he presented the money.
After transaction is processed, grab the money and spend it directly for gambling

[mia khalifa]

Hello,
I want to sell BTC in Las Vegas. I want to get around 2000 Dollar, depents on the x-change how much BTC I have to spent.

I have to opportunities:
- Sell BTC to a stranger found with localbitcoins.com
- Sell BTC on an ATM.

The x-change rate at an ATM is quite poor, but for me it sounds "safe" to sell it to a maschine.

In general I do not have any idea how it will work. I have a german wallet on bitcoin.de and I'm not interessted in transfering it somewhere else then to the buyers wallet due to the high transaction fees.
What would you think how long I have to wait, until the payment is processed? I'm not interesssted in waiting a long time to get the deal done.

Any tips for the deal beside public area, free wifi and counterfeit money?

Thanks a lot!

I only sell bitcoin for cash when I only need it if it is not too important and do not really need I just save the bitcoin money and keep it for long-term investment.

[AngelSky]

Why not accept ATM but first share with us if what site you are talking about that accept ATM cards..
If you feel safe there better to sell your bitcoin and accept ATM since there are people already scam in localbitcoin if you don't follow the escrow rule there are possibility that you will be scam just be ware and follow the rule carefully when dealing to someone in localbitcoin..
About the fee i think better to wait for the network to decrease the fee if you transfer bitcoins right now it will ask for huge fee. so better to wait more weeks or days if the fee lower..

First I would like to say if you have a friend that is also into cryptocurrency, ask him how he withdraws his Bitcoins to cash, to know if there’s any trusted exchanger that he sells to, if not, then you might want to check out Local Bitcoins and check for trusted and old exchangers with reputation; ones that has been on the site for a long time. If not, using ATM be best. $2000 is not a small money and you shouldn’t just lose it carelessly to these worthless scammers.

No need search whether he is trusted person or not when you are on board to sell on the trusted source like localbitcoins. You can find almost all the traders will not cheat the buyer and seller at anytime. At recent time there is no complain about the LBC traders. So I think this is right place to buy or sell btc at anytime. If you want check with the forum member. Always have the escrow in your trade to avoid scamming and don't choose the newbie to Jr member, just research about him.