Best way to sell bitcoins and receive funds?

mndrix

vip

Activity: 447

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Quote from: djex on April 09, 2011, 07:12:20 PM

Does CoinCard send the funds to a paypal account or is it only a gift card sort of thing?

If you choose "PayPal payment" from the gift card drop down, CoinCard will send you a PayPal payment after 2 confirmations of your Bitcoin payment. You pay no fees to receive the PayPal payment. See the full price list for further fee details.

TiagoTiago

hero member

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Firstbits.com/1fg4i :)

(adding thread to my watchlist)

djex

full member

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Merit: 100

Thanks for the great information.

bitcoin-otc.com and nanaimogold.com looks to be my best options for a quick and easy transfer to a paypal account.

Gusti and Keefe I will keep you two in mind. At the moment I'm not looking to sell but in the near future I will be. Just doing my research first

Does CoinCard send the funds to a paypal account or is it only a gift card sort of thing?

Keefe

hero member

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Merit: 500

Check out nanaimogold.com and bitcoin2cc.com as well.

cdhowie

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Quote from: djex on April 09, 2011, 05:56:56 PM

I'd like to use paypal since it's already set up for my bank and would make it a lot easier to manage my funds in and out.

What are some recommendations?

I know that CoinCard does automated BTC->PayPal conversions.

nanaimogold

sr. member

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You can elect to have cash deposited to any Canadian bank.

Keefe

hero member

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Merit: 500

You can find many traders at bitcoin-otc.com (#bitcoin-otc on Freenode). You do need to be careful about receiving PayPal though. It's certainly the most convenient method for both sides of a trade, but you want to be sure you can trust the sender to not use a stolen account or file a chargeback claiming they didn't authorize the payment. Bitcoin-otc has a "Web of Trust" where you can see who trusts who.

I can also buy your BTC with PayPal, or you can sell them at MtGox and sell me the MtGox USD (you'd transfer the USD from your account there to mine) for PayPal. I have a good reputation at bitcoin-otc. Gusti is someone I trust as well.

gusti

legendary

Activity: 1099

Merit: 1000

you can trade your bitcoins for paypal with any trustable member here
like myself Wink

I can give you 0.73 USD PP / BTC right now, and I pay all fees
you need to send BTC first, pls send me a PM if interested

djex

full member

Activity: 196

Merit: 100

Hello, I'm new to bitcoin and mining. I've been reading a lot on the forums and doing my fair share of research about it. One thing I haven't really found was a way to sell bitcoins (on the market or through disposable credit card) and then have the funds put into my paypal account. I see that Mt. Gox uses LibertyReserve but I'm not familiar with that service or even how it works. Also it would seem Mt. Gox only deals with US residents for direct deposit from what I read on their site. I'm from Canada.

I'd like to use paypal since it's already set up for my bank and would make it a lot easier to manage my funds in and out.

What are some recommendations?

Topic: Best way to sell bitcoins and receive funds? (Read 3809 times)