Author

Topic: BTC -> USD -> bank (Read 640 times)

legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
January 07, 2014, 03:34:27 AM
#7
I've not sold Bitcoins yet, but countless times I read that people should avoid sending to banks via exchanges, and instead opt for localbitcoins/Bittylicious/BitBargain etc due to low fees, convenience and success rates.

I would seriously consider the alternative options before settling for a potentially high risk bank move.
sr. member
Activity: 336
Merit: 250
January 07, 2014, 03:33:18 AM
#6
I think coinbase is the one most people recommend.  I have used it to buy bitcoin, worked great.
newbie
Activity: 6
Merit: 0
January 07, 2014, 02:56:10 AM
#5
Soooo.....

Thanx for warning us about who NOT to use.

Who do you recommend? I'm also new to crypto, and i want to know if I want to drawn down some of my bitcoins/altcoins into USD, I will see my $$, and in reasonable time.

Thanks for asking the question, kosuke



localbitcoins.com  ……I have found love! I've sold thousands of dollars worth of BTC on there without a hitch!
full member
Activity: 154
Merit: 100
January 07, 2014, 02:19:30 AM
#4
Your better off finding someone locally to sell your BTC to, I would not trust any exchange to hold my money....?
member
Activity: 71
Merit: 10
January 07, 2014, 02:11:11 AM
#3
Soooo.....

Thanx for warning us about who NOT to use.

Who do you recommend? I'm also new to crypto, and i want to know if I want to drawn down some of my bitcoins/altcoins into USD, I will see my $$, and in reasonable time.

Thanks for asking the question, kosuke

newbie
Activity: 6
Merit: 0
January 07, 2014, 01:40:45 AM
#2
STAY AWAY FROM CampBX! I initiated a wire on 12-15-2013 for $16,000 USD and they never sent the wire but claimed they tried and it failed so I sent them proof that they did not even try to send it and they quit responding to my support tickets. They are selectively scamming people! Search a little more about them and you will see. Check their Facebook, nothing but complaints of people not getting their money.
newbie
Activity: 10
Merit: 0
January 05, 2014, 06:07:16 PM
#1
I've browsed around a bit and found campbx for exchanging my btc to usd and then transferring to my bank account. I was wondering if there are any better ones out there or if this one is reputable?


edit: please don't offer to personally exchange currencies for me. I am not so gullible.
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