Bitcoin Wallets and Withdrawing to Bank Account

erikalui

legendary

Activity: 2632

Merit: 1094

Currently coinbase supports bank withdrawals but only for US residents. Even websites like BTC-e, Localbitcoins and Virwox allow trading via bitcoins but they send the bitcoins to your PayPal account which allows bank withdrawals.

BootstrapCoinDev

full member

Activity: 154

Merit: 100

Quote from: jonnybravo0311 on December 10, 2014, 05:55:20 PM

Quote from: tomsanders on December 10, 2014, 05:39:10 PM

Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks

An exchange. coinbase.com is the most popular one in the US... circle.com is another... localbitcoins.com can also work...

Heard things from people putting their CCs on coinbase. Lots of extra charge's and/or double or triple charging an order from personal friends, thats why I only used them as a bank and would never hook a CC or bank info up.

fildza

sr. member

Activity: 322

Merit: 250

Ask me anything if you have any problem

Have you try localbitcoin? Usually I sell my btc there. Easy to change and they have escrow too.

rtserv

member

Activity: 70

Merit: 10

Quote from: tomsanders on December 10, 2014, 06:29:05 PM

I'm from the uk... Any good exchanges here?

Hello!

You can try to sell some bitcoins on https://skyhighpoker.co.uk
The minimum amount is 0.01 BTC and there is no fee atm.

Cheers

amacar

hero member

Activity: 546

Merit: 500

Quote from: tomsanders on December 10, 2014, 06:29:05 PM

I'm from the uk... Any good exchanges here?

I mostly use kraken (support for GBP). Over SEPA is money on my bank account next day after withdrawal. (less than 24 hours)

throwingbones1

full member

Activity: 183

Merit: 100

Quote from: tomsanders on December 10, 2014, 05:39:10 PM

Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks

ebay

DonQuijote

legendary

Activity: 1551

Merit: 1002

♠ ♥ ♣ ♦ < ♛♚&#

It depends how quickly that want to sell

Houseman

member

Activity: 156

Merit: 10

Apart from the ones which have been advised, I can add cex.io as an exchange. They are UK-based, and they have bank transfer as a withdrawal method. Just be sure to look at their withdrawal limits and fees before you start. I think the minimum amount is 200 EUR or something.

vpasic

sr. member

Activity: 266

Merit: 250

Quote from: tomsanders on December 10, 2014, 06:29:05 PM

I'm from the uk... Any good exchanges here?

bitstamp.net is best and fastest in EU.

jonnybravo0311

legendary

Activity: 1344

Merit: 1023

Mine at Jonny's Pool

Quote from: tomsanders on December 10, 2014, 06:29:05 PM

I'm from the uk... Any good exchanges here?

I'd have to let folks from that side of the pond answer your question. Sorry I can't be of more help to you.

tomsanders

member

Activity: 103

Merit: 10

I'm from the uk... Any good exchanges here?

jonnybravo0311

legendary

Activity: 1344

Merit: 1023

Mine at Jonny's Pool

Quote from: tomsanders on December 10, 2014, 05:39:10 PM

Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks

An exchange. coinbase.com is the most popular one in the US... circle.com is another... localbitcoins.com can also work...

tomsanders

member

Activity: 103

Merit: 10

Really simple question...

Whats the best way to store your bit coin while mining and then withdrawing them to your bank account for cold hard cash?

Thanks

Topic: Bitcoin Wallets and Withdrawing to Bank Account (Read 2612 times)