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Author Topic: What Are Most Reliable Ways To Sell Bitcoin?  (Read 495 times)
Magkirap
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April 26, 2019, 04:06:27 PM
 #41

Hey guys!

Some of you may think that my question will be dumb and that Google can help me but Google does not have everything - it does not have personal experience.

My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.

I need a personal experience of how you have done it or maybe a place or an article where you can learn these things.

Because of the price increase, I want to sell some of my Bitcoins but I want also to make sure the transaction goes through.
I usually use exchange site whenever I sell my bitcoin and I mostly use major exchange like binance whenever I sell it. Actually, there are a lot of ways to sell your bitcoin but the easiest way is through using exchange site. If you have crypto ATM machine in your country you can use to convert your bitcoin into fiat. I think you should use major exchange so there will no problem or error if you will sell your bitcoin.



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BigBos
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April 26, 2019, 05:34:25 PM
 #42

There are many reliable exchanges. Just do not forget to check on exchange sites on the minimum cash out or maximum.cash out and the level.of KYC to do when it will involve huge money. There are exchanges that do not do KYC but either exchanges doing KYC or not will do fine just to be sure that they the exchange is working then try to.deposit little amount first and then sell.
well, in this case, I have a trusted local exchanger, I also have trusted partners to exchange bitcoin, or assets that I have in the form of fiat. so far, they are still trusted and of course very safe. since getting to know crypto, they always help me in this matter.
Pamadar
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April 26, 2019, 06:03:54 PM
 #43

everyone has different ways to sell their BTC. but I'm sure selling BTC on exchange is a method that is often used by other people. people are always looking for professional exchange, for them it doesn't matter the expensive transaction costs. because today, costs are not a problem. but people prioritize security more than transaction costs.and they can use lightning networks.
It's really much important to make sure that the exchange is safe though the point of OP is the fees so there's always differences about that, you can check it out from every available exchange that catered your place making sure that you'll be able to transact without having any issues., As there's always rules and regulations to take place.
tegarp90
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April 26, 2019, 06:38:20 PM
 #44

Hey guys!

Some of you may think that my question will be dumb and that Google can help me but Google does not have everything - it does not have personal experience.

My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.

I need a personal experience of how you have done it or maybe a place or an article where you can learn these things.

Because of the price increase, I want to sell some of my Bitcoins but I want also to make sure the transaction goes through.

Maybe you can sell your btc into another coins in exchange, then you send the converted coins to hte person that you wanna sell to, with the same rate.
So, it won't eat much btc fee
thirdlight
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April 26, 2019, 08:01:35 PM
 #45

It seems to me that it is the stock exchange that is now the most popular and secure bitcoin exchange.  Because they are aimed at it and specializes in this.

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April 26, 2019, 10:19:36 PM
 #46

Trusted P2p exchanges are the best place to trade Bitcoin (Btc) and Ethereum (Eth), I personally use remitano and I haven't faced any issue so far.

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Chikito
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April 27, 2019, 01:08:45 AM
 #47

Quote
My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.
no other way, you have to trust exchange with high reputable and trusted. only exchange can trade your btc into fiat.
you have to research first and find best exchange with no negative feedback[ i thing there are nothing ] find with low percentase negative feedback and be confident your self.
ranman09
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April 27, 2019, 01:45:36 AM
 #48

I've been using either Bitstamp, either some exchange from my country, either Wirex card.
I've ordered the 3 by the fees, small to high.
Also people tend to not keep big bucks on Wirex cards because of some issues in the past.

For all of these you'll need to fill KYC though.

Choosing a reliable is hard for me. Especially that most of my holdings are Altcoins. I too was searching a reliable way to sell Bitcoin and in my country there is one. But for Altcoins I find hard to give my KYC. Do you have suggestions on how we can make sure an exchange will secure my KYC? Is there a legal entity behind this? Bitstamp seems to accept only few popular coins and most reputable exchanges do.
CryptoBry
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April 27, 2019, 02:12:17 AM
 #49

Hey guys!

Some of you may think that my question will be dumb and that Google can help me but Google does not have everything - it does not have personal experience.

My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.

I need a personal experience of how you have done it or maybe a place or an article where you can learn these things.

Because of the price increase, I want to sell some of my Bitcoins but I want also to make sure the transaction goes through.

Here in my country, we have a good exchange where we can sell and also buy Bitcoin for that matter and so far there has been no major issues that can deter anyone not to trust. Now, another best option is doing it peer-to-peer but make sure that you are dealing with an honest person or buyer but if you don't trust each other then maybe use escrow if there is one. These days there are now many businesses in cryptocurrency and soon we can be overwhelmed with many choices but of course at all times we have to be careful.
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