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Topic: Best way to convert BTC to USD? (Read 23977 times)

full member
Activity: 154
Merit: 100
welcome to riches
June 15, 2013, 12:58:23 PM
#21
i convert 5k of btc everyday to cash anonymously with debit cards opened under other peoples names
staff
Activity: 3248
Merit: 4110
June 15, 2013, 12:56:54 PM
#20
You can always trade here on the forums, you normally get better deals and competitive pricing. One warning though. Search up the history of the person you are dealing with. Always use escrow in services like this. Try to avoid using paypal and credit cards because of the potential threat of them doing a charge back.

Obviously, some exchanges allow you to do this, I'm not sure if you have tried these in the past and had experience. But, these are the most common way to converting BTC to USD and USD to BTC.

If you want to purchase things with Bitcoins rather than going through the process of converting it, then you should check out bitsumo.com. Enter the url of you're item and they normally order it within 24 hours and get it shipped to you.
If they can't fur fill you're request they will send you you're money back within 48 hours I believe.

There is another site called bitinstant.com which I believe offer the same service, however I'm a bit sceptical of this site, as it has had mixed reviews.
legendary
Activity: 2646
Merit: 1131
All paid signature campaigns should be banned.
June 15, 2013, 12:53:28 PM
#19
PAYPAL!  Grin
Only with people you totally trust!
Sell them on ebay, they sell for more than market price.

Also, check and/or post on craigslist for local buyers.

I do both craigslist and https://localbitcoins.com

They both work but localbitcoins has a built in escrow and trust rating system which makes it better for buying and selling BTC specifically.
hero member
Activity: 752
Merit: 500
June 15, 2013, 11:45:44 AM
#18
PAYPAL!  Grin
Only with people you totally trust!
Sell them on ebay, they sell for more than market price.

Also, check and/or post on craigslist for local buyers.
full member
Activity: 126
Merit: 100
June 14, 2013, 04:17:16 PM
#17
Anyone have any recommendations.. I know Mt Gox is around but bank transfers alone to banks can cost $15-20 per transfer.. any ideas on another way to go about this?

CampBX - you don't need to verify anything. Just send the coins to your account's deposit address, sell the coins on the exchange, and withdrawal to a bank account. Easiest thing I've ever seen.

Downside: $1000 limit per day for unverified accounts, $10,000 max can be held on your account. Anything over that it seems they lock the account or some such drama.

legendary
Activity: 2646
Merit: 1131
All paid signature campaigns should be banned.
June 13, 2013, 01:10:42 PM
#16
PAYPAL!  Grin
Only with people you totally trust!
sr. member
Activity: 386
Merit: 251
June 13, 2013, 12:54:49 PM
#15
PAYPAL!  Grin
newbie
Activity: 19
Merit: 0
June 13, 2013, 09:39:04 AM
#14
A lot of people use https://btc-e.com/
legendary
Activity: 1022
Merit: 1000
June 12, 2013, 10:54:21 PM
#13
bitfinex.com, withdrawal via wire is only $10
hero member
Activity: 881
Merit: 500
CyberTrade
June 12, 2013, 10:15:22 PM
#12
Bitcoin-Brokers is offering the Bitcoin community the ability to sell their bitcoins at current MtGox rates and receive cash deposits into their own personal bank accounts.

Starting immediately if you bank at any of the following banks, you can sell your bitcoins for 0% fees and receive 100% of the proceeds from the sale of your bitcoins as a cash deposit into your personal bank account.

-Bank of America
-Capital One
-Citigroup
-JPMorgan Chase
-PNC Financial
-SunTrust
-TD Bank
-US Bancorp
-Wells Fargo

This exciting new service will allow sellers of bitcoins to list their bitcoins for sale on our website and have the buyers make cash deposits into their personal bank account.

Prior to the buyer receiving the bitcoins, the seller will:

-be able to verify via online banking that there has been a cash deposit made into their account for the correct amount.
-receive a scanned copy of the actual deposit slip used during the deposit transaction.
-receive a scanned copy of the business card of the bank employee who accepted the deposit who can be contacted to verify the deposit.

This new service is initially only offered to residents in the USA, though other countries will be rolled out soon.

There are no maximum sized orders, and sellers can test the service with orders as small as $10.

www.Bitcoin-Brokers.org
sr. member
Activity: 434
Merit: 250
June 07, 2013, 06:42:57 AM
#11
Anyone have any recommendations.. I know Mt Gox is around but bank transfers alone to banks can cost $15-20 per transfer.. any ideas on another way to go about this?

mtgox
full member
Activity: 140
Merit: 100
Ad Infinitum Et Ultra
June 06, 2013, 09:34:28 PM
#10
Shameless advertisement, check out my company BitBox: bitbox.mx
We can also do ach directly to your bank account free of charge.
We'de love to have your feedback.

29 postings?

click that link and prepare to suffer
sr. member
Activity: 406
Merit: 250
June 06, 2013, 05:27:08 AM
#9
Shameless advertisement, check out my company BitBox: bitbox.mx
We can also do ach directly to your bank account free of charge.
We'de love to have your feedback.

29 postings?
newbie
Activity: 38
Merit: 0
June 06, 2013, 01:00:43 AM
#8
Shameless advertisement, check out my company BitBox: bitbox.mx
We can also do ach directly to your bank account free of charge.
We'de love to have your feedback.
full member
Activity: 140
Merit: 100
Ad Infinitum Et Ultra
June 05, 2013, 02:14:38 AM
#7
Get silver then convert to USD Smiley
hero member
Activity: 552
Merit: 500
June 04, 2013, 05:01:39 PM
#6
Thanks all, ill look at a few options, I have heard about coinbase..
member
Activity: 88
Merit: 10
"Fly you fools"
June 04, 2013, 03:42:17 PM
#5
I recommend Campbx.com. They can transfer USD to your bank account for free with a ACH Deposit.
legendary
Activity: 2646
Merit: 1131
All paid signature campaigns should be banned.
June 04, 2013, 03:40:43 PM
#4
Anyone have any recommendations.. I know Mt Gox is around but bank transfers alone to banks can cost $15-20 per transfer.. any ideas on another way to go about this?

Check out https://localbitcoins.com/
newbie
Activity: 53
Merit: 0
June 04, 2013, 03:36:03 PM
#3
Anyone have any recommendations.. I know Mt Gox is around but bank transfers alone to banks can cost $15-20 per transfer.. any ideas on another way to go about this?

Coinbase.com may be a good option.

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
June 04, 2013, 02:54:19 PM
#2
Why convert, you can directly spend them. I just did a purchase on a bitpay supported merchant, super easy
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