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full member
Activity: 196
Merit: 100
October 02, 2015, 03:59:45 PM
#36
It depends on many factors like what is the purpose of selling..if you want to buy physical goods then it would be better to sell for cash or if you want to trade or exchange in other currency then go with exchanges..Anyways The best way would be that which offers instant exchange with low fees so look for people or service who can exchange with you at lowest fees Smiley
newbie
Activity: 35
Merit: 0
October 02, 2015, 09:08:52 AM
#35
whenever the question is about transfering my bitcoins into bank or converting them into faint then at first i put them into gambling site like coinroll and then generate 1-2% and then i talk to a trader that how much he needsto send the money to  my bank account and i give them whatever they want and ofcourse i keep the rates as low as i can i am just making my trades tax free by this method
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
October 01, 2015, 11:53:59 AM
#34
For me, Coinbase is simple and fast. You lose a little on fees, but it is just as having a bank account in Bitcoin. You can sell Bitcoins to USD and back at anytime you please, then transfer to your regular bank account.

However, that is only if you are not very concerned about privacy.
hero member
Activity: 770
Merit: 500
September 30, 2015, 12:10:57 PM
#33
The safest way to sell bitcoin is by using localbitcoin
Better way and recommended. Find a +ve reputed bitcoin buyer/seller on Localbitcoin with lot of trading history nearby your place.
full member
Activity: 126
Merit: 100
September 30, 2015, 09:27:55 AM
#32
AUTOMATIC EXCHANGERS GOOD CHOICE THEN COMES OTHER
sr. member
Activity: 826
Merit: 263
August 17, 2015, 11:43:55 AM
#31
Sell it on an exchange, there are a lot of good exchange
sr. member
Activity: 392
Merit: 250
August 17, 2015, 10:53:11 AM
#30
The safest way to sell bitcoin is by using localbitcoin
legendary
Activity: 1764
Merit: 1000
August 17, 2015, 10:48:11 AM
#29
Before I use to sell my bitcoins through the currency exchange threads here at BCT, I even tried using localbitcoins.
As time goes by and through convenience and good price range, I started instead of selling through verified and stable exchanges.

full member
Activity: 238
Merit: 100
August 17, 2015, 10:41:25 AM
#28
I think the best way to sell bitcoins is localbitcoins.com.
On localbitcoins.com price for bitcoin is higher to other sites.
Sell only to trusted members.
legendary
Activity: 1456
Merit: 1023
August 17, 2015, 02:54:14 AM
#27
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.
And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges.

I personally like localbitcoins.

Another best option is try to sell in this forum from market place you may get some good buyers.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
August 14, 2015, 04:46:02 PM
#26
Localbitcoins and Kraken are the 2 best for me. I like the fact about both that I didn't have to get verified with neither in order to sell coins. I am just not feeling like sending all of my personal documents and utility bills and etc..  Of course you cannot sell tons of coins without a verification on these two, there are limits. For higher amounts without the verification people should use btc-e but their withdrawal fees are quite high depending on the withdrawal method.
sr. member
Activity: 266
Merit: 250
August 14, 2015, 12:35:35 PM
#25
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.
And don't forget aml/kyc process that you have to complete in order to cash out from those exchanges.

I personally like localbitcoins.
legendary
Activity: 1456
Merit: 1023
August 14, 2015, 03:22:54 AM
#24
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.

The best one is localbitcoins because you can directly sell it for cash. Others may take some time and fee.
sr. member
Activity: 266
Merit: 250
August 08, 2015, 06:10:26 AM
#23
I´ve tried anycoindirekt.eu to buy btc and had no Problem with bigger amounts about 3.000€ - You have also the possibilility to sell btc on this site. It can be done by Sepa and Paypal and is very fast.
They also got an support team where u can verify yourself to get everything going and it works quit well Wink
hero member
Activity: 1540
Merit: 500
August 08, 2015, 05:48:11 AM
#22
Coinbase is good
Xapo is good
localbitcoins is good

I've used all three with no issue.
legendary
Activity: 1218
Merit: 1001
August 07, 2015, 11:51:11 AM
#21
I'm sell bitcoin on my local exchanger since bitcoin based on dollar so I need to change dollar into my local currency.
If you want to sell to bank, I'm afriad you will got charged by some fee base on their policy or regulation

I am wondering whats the best way to sell bitcoin.
Is it better to sell it on an exchange and then transfer to bank account
or is it better to sell it for cash?

And would you say its easy to do one of those?

It would be the first time I sell alot of bitcoin. I would like to get some advice please on which way to choose.
sr. member
Activity: 266
Merit: 250
August 07, 2015, 11:09:33 AM
#20
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.
There was a post on the forum about a scam/robbery and it goes like this ;

The person who was selling bitcoins agreed to meet at restaurant and the buyer also came there after sometime.

The buyer was having an iPhone and a laptop.
The seller first sends the bitcoins(around 100 I think) and when the buyer receives those Bitcoin he says that the cash is in the car,just wait here and I'll be right back.

The buyer goes outside and leaves his iPhone and laptop in the restaurant.

After an hour or so the buyer doesn't come back, then seller turns the laptop on and he see that those Bitcoin are moved to another address an hour ago and the wallet is password protected.
legendary
Activity: 1456
Merit: 1023
August 06, 2015, 08:53:26 PM
#19
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.

I didn't understood how one can scam when your doing deal face to face?

You means people will take your bitcoins and run away?

I have done couple of them but so for my experience is quite good.
sr. member
Activity: 266
Merit: 250
August 05, 2015, 10:35:04 AM
#18
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
but selling bitcoins for cash is very dangerous.
Because there are much chances of you getting scammed or robbed.
legendary
Activity: 1456
Merit: 1023
August 05, 2015, 02:26:13 AM
#17
if it can, sell for cash is good.

Yes selling for cash is really good option. However finding one is quit challenging. You can try localbitcoins for selling in cash and you may be lucky too.
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