Bitcoin Forum
December 07, 2016, 02:53:46 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Safest way of selling bitcoins?  (Read 493 times)
FriedTaco
Newbie
*
Offline Offline

Activity: 6


View Profile
August 06, 2011, 07:36:45 PM
 #1

Is there any truly safe way of selling bitcoins? I've been looking at bitcoinexchange.cc, though I'm a bit uneasy about using this as somewhere to get money for my bitcoins. I hate using paypal, but I don't feel safe giving out my bank info either, so a way to get cash for my bitcoins would also be nice to know.

Thank you in advance to all who are helpful.
1481122426
Hero Member
*
Offline Offline

Posts: 1481122426

View Profile Personal Message (Offline)

Ignore
1481122426
Reply with quote  #2

1481122426
Report to moderator
1481122426
Hero Member
*
Offline Offline

Posts: 1481122426

View Profile Personal Message (Offline)

Ignore
1481122426
Reply with quote  #2

1481122426
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
nopan
Newbie
*
Offline Offline

Activity: 9


View Profile
August 06, 2011, 11:07:23 PM
 #2

I don't know in what country you live but giving out your bank info should be save.

If this isn't the case, how should money transfer work?

Paypal (and others too) of course isn't save at all for sellers.
ziv
Newbie
*
Offline Offline

Activity: 12


View Profile
August 06, 2011, 11:20:53 PM
 #3


Exchanging your BTC for cash as in actual banknotes means meeting someone in person.

There are a few sites that can help you to find someone in your area.

http://btcnearme.com/
https://bitmarket.eu/faq

There is also the #bitcoin-otc and #bitcoin-otc-eu IRC channels, though these days you have to wait a week after registering and be able to follow the instructions to cryptographically authenticate to get in.


ultraimports
Full Member
***
Offline Offline

Activity: 187


View Profile
August 07, 2011, 01:16:14 AM
 #4

Is there any truly safe way of selling bitcoins? I've been looking at bitcoinexchange.cc, though I'm a bit uneasy about using this as somewhere to get money for my bitcoins. I hate using paypal, but I don't feel safe giving out my bank info either, so a way to get cash for my bitcoins would also be nice to know.

Thank you in advance to all who are helpful.

There is always risk in all transactions, but I have been successful selling my bitcoins on Mt. Gox and sending the USD to a Dwolla account. From Dwolla, you can send to a checking/savings account. Mt. Gox charges a small commission (0.03% last I knew) for the sale and only $0.25 for the Dwolla transfer.

Mt Gox does have other options to send the money to you, if you cannot get a Dwolla account (they only operate inside the US for now - last I checked).

-S
nopan
Newbie
*
Offline Offline

Activity: 9


View Profile
August 07, 2011, 01:54:02 AM
 #5


Exchanging your BTC for cash as in actual banknotes means meeting someone in person.



I agree, but it's a risk too.

You can never bee 100% sure that one isn't changing false money into real, secure but also anonymous Bitcoins.

I think bank accounts are more secure than cash.


Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!