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Topic: How to sell bitcoins on an exchange - page 3. (Read 4311 times)

legendary
Activity: 1302
Merit: 1037
December 07, 2016, 04:03:38 PM
#37
this is ridiculous,asking for the origin of coins I mean
no,seriously,wtf
bitcoin is supposed to be decentralised and anonymous
what you should do is go to any bitmixer service and just mix your coins
so no further questions asked by overzealous exchanges
have a look in the service discussion section,I would suggest bitmixer as the oldest and the most reliable one
Cool down mate, nothing to get so much angry and if won't help newbies/jr members then who would ? huh anyways
Dear Anastasios you can try selling and buying bitcoins at btc-e or any similar exchange, usually most of the sites don't ask verification and if any exchange is asking for such proofs then either they intend to scam you or they want to know something which you should not share, like how you earned them.

And yeah please tell us which exchanges asks verifications so we can open them here at bitcointalk and save others.
full member
Activity: 224
Merit: 100
December 04, 2016, 03:58:19 PM
#36
there is many exchange to sell your bitcoin with easily and i recommend the localbitcoins because i  always buy and sell my by localbitcoins and i feel that localbitcoins is really too much safest exchange and i never face to to any scam with localbitcoins.





hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
November 30, 2016, 07:25:33 PM
#35
On Yobit you don't need to prove anything, you deposit your bitcoins and then you can sell them for dollars, rubles, euros or some alt coin maybe.
When you decide to trade, you need to finish that and withdraw the coins. Golden rule never hold your coins  in some exchange wallet longer then its necessary. Good luck my friend, it will be hard to catch when bitcoin is going up or down.
legendary
Activity: 1302
Merit: 1037
November 30, 2016, 03:52:03 PM
#34
i have an experience with localbitcoin and not selling bitcoins on an exchange because i don't like with the fee but i am prefer to sell my bitcoin with friends and its because i really trust him and he will help me to accept my bitcoin. and the best thing is he don't make the fee too much for me so i can save the money.
There are so many other exchanges that are reliable and trusted, and whose transaction fee is also reasonable, I think selling bitcoin without an exchange is highly complicated and lot of practical risks involved. I will always recommend you to always use a trusted exchange for your bitcoin selling or buying.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 29, 2016, 09:12:22 AM
#33
i have an experience with localbitcoin and not selling bitcoins on an exchange because i don't like with the fee but i am prefer to sell my bitcoin with friends and its because i really trust him and he will help me to accept my bitcoin. and the best thing is he don't make the fee too much for me so i can save the money.
hero member
Activity: 1428
Merit: 506
November 29, 2016, 01:14:33 AM
#32
For me ive never experience a problem in selling bitcoins on an
exchange. I used ccex, and coins.ph where Im selling my
bitcoins always.
hero member
Activity: 1190
Merit: 534
November 26, 2016, 11:07:05 AM
#31
I never had any issues while selling bitcoins on any exchange, I usually prefer yobit and localbitcoins to sell my bitcoins. You can try these sites, you won’t have to provide your KYC details or anything like that. You can transfer your bitcoins on these sites (with the personalized wallet address you receive) and then sell your bitcoins without any problem. Make sure that you are adhering the limits of the exchanges and dealing within prescribed limits otherwise they may ask you to verify your identity.
Yes that is a a fact that there is never an issue while buying or selling bitcoin, I think that is more as easy to buy or sell bitcoin using an exchange, as there are so many exchanges and al most all are trusted, you can sell your bitcoin on the spot at  market rate and can also put your order and when the price of bitcoin reach to that limit it automatically sell in the market.

Selling bitcoins on exchange is not a rocket science but still it takes 5 to 10 trades to learn how the exchange works (in terms of user friendliness, pricing etc) and call, put options works great but to be honest, I use it rarely. I believe in on spot trading and even though most of the times I prefer automation for doing regular tasks,  I love to watch chart movements and thus I manually trade instead of triggered one. 
In fact it is not such a difficult job to sell bitcoin but if you have done it before, if you are a brand new in an exchange and visit a exchange it will be really confusing for you in start, as for every new job you need some guidance to start and same in the case of exchange, you need a proper guidance about exchange.

Absolutely agree, to be honest I am great believer of good design and as a result I cannot tolerate badly designed websites (and even lower fees doesn’t matter when it comes to attracting customers like me).  I have used many exchanges so far but very few of them had good design and rest was pure crap. User friendliness is most important thing because ultimately it affects our each trade in one or another way. You don’t wanna lose a good opportunity by wasting time in how to buy or sell on a particular website.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 26, 2016, 04:11:54 AM
#30
I wonder how I am supposed to sell bitcoins on an exchange. I have been considering several and have gone through the KYC/AML process for three exchanges. The problem is once I sell my coins they might ask me to prove where I got them from. Keep in mind I am not intending to withdraw the FIAT, I just want to sell high and rebuy lower, and withdraw the coins.

The problem with proving the source of my coins is, how the hell do I do it? I bought them on MtGox and they can't ask MtGox for verification. Even if they did, the coins have gone through several addresses over the years. I can't even trace it back to the MtGox purchase since they went through other exchanges (and got mixed).

So what is one supposed to do here?
I think you should be patience to try every address you made. Also, if you beed help just communicate in their site and tell what is you problem. They would solve it immediately.
hero member
Activity: 1148
Merit: 528
November 25, 2016, 05:47:53 AM
#29
I never had any issues while selling bitcoins on any exchange, I usually prefer yobit and localbitcoins to sell my bitcoins. You can try these sites, you won’t have to provide your KYC details or anything like that. You can transfer your bitcoins on these sites (with the personalized wallet address you receive) and then sell your bitcoins without any problem. Make sure that you are adhering the limits of the exchanges and dealing within prescribed limits otherwise they may ask you to verify your identity.
Yes that is a a fact that there is never an issue while buying or selling bitcoin, I think that is more as easy to buy or sell bitcoin using an exchange, as there are so many exchanges and al most all are trusted, you can sell your bitcoin on the spot at  market rate and can also put your order and when the price of bitcoin reach to that limit it automatically sell in the market.

Selling bitcoins on exchange is not a rocket science but still it takes 5 to 10 trades to learn how the exchange works (in terms of user friendliness, pricing etc) and call, put options works great but to be honest, I use it rarely. I believe in on spot trading and even though most of the times I prefer automation for doing regular tasks,  I love to watch chart movements and thus I manually trade instead of triggered one. 
In fact it is not such a difficult job to sell bitcoin but if you have done it before, if you are a brand new in an exchange and visit a exchange it will be really confusing for you in start, as for every new job you need some guidance to start and same in the case of exchange, you need a proper guidance about exchange.
hero member
Activity: 1190
Merit: 534
November 24, 2016, 11:20:31 PM
#28
I never had any issues while selling bitcoins on any exchange, I usually prefer yobit and localbitcoins to sell my bitcoins. You can try these sites, you won’t have to provide your KYC details or anything like that. You can transfer your bitcoins on these sites (with the personalized wallet address you receive) and then sell your bitcoins without any problem. Make sure that you are adhering the limits of the exchanges and dealing within prescribed limits otherwise they may ask you to verify your identity.
Yes that is a a fact that there is never an issue while buying or selling bitcoin, I think that is more as easy to buy or sell bitcoin using an exchange, as there are so many exchanges and al most all are trusted, you can sell your bitcoin on the spot at  market rate and can also put your order and when the price of bitcoin reach to that limit it automatically sell in the market.

Selling bitcoins on exchange is not a rocket science but still it takes 5 to 10 trades to learn how the exchange works (in terms of user friendliness, pricing etc) and call, put options works great but to be honest, I use it rarely. I believe in on spot trading and even though most of the times I prefer automation for doing regular tasks,  I love to watch chart movements and thus I manually trade instead of triggered one. 
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
November 24, 2016, 03:24:54 AM
#27
I never had any issues while selling bitcoins on any exchange, I usually prefer yobit and localbitcoins to sell my bitcoins. You can try these sites, you won’t have to provide your KYC details or anything like that. You can transfer your bitcoins on these sites (with the personalized wallet address you receive) and then sell your bitcoins without any problem. Make sure that you are adhering the limits of the exchanges and dealing within prescribed limits otherwise they may ask you to verify your identity.
Yes that is a a fact that there is never an issue while buying or selling bitcoin, I think that is more as easy to buy or sell bitcoin using an exchange, as there are so many exchanges and al most all are trusted, you can sell your bitcoin on the spot at  market rate and can also put your order and when the price of bitcoin reach to that limit it automatically sell in the market.
legendary
Activity: 910
Merit: 1000
November 21, 2016, 06:41:21 AM
#26
it seems you're just choosing the wrong exchanger, the purpose of people using bitcoin is because they want privacy even if bitcoin is not fully anonymous you still have a chance to keep your privacy,only government have the right to ask you such important thing,if the exchangers are trying to violate your privacy then just get away,they're not worth for exchanging for now and in the future

Actually trust me. Most of the real fiat world exchanges like Paypal,Netflix,Skrill all do this. They will suddenly block your account and ask you for ID, and then will ask you for the source of the cash. If you fail to provide a convincing reason, they will freeze your funds and you will be the big loser. I believe even Cryptsy had a case like this in the recent year.
Yes you are right and i think the OP must sell bitcoins to cash money or he can try selling bitcoin on localbitcoin, paxpul or other exchangers that doesn't need verification ID. Because the OP has problem with verification ID and wanna be anonymous.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 21, 2016, 06:25:49 AM
#25
Well u can sell ut bitcoins at zebpay or coinsecure .which ever u prefer it will be the best for u .and remember there are many scams out in the market .so be careful while selling the bitcoins .its better to trade with people with some trust .happy bitcoins ..kudoos Smiley
trading with an individual is indeed risky and i suppose to trade with a company which proven having good service and trusted for a long time
even though you can always negotiate with the price if you trading with an individual but the safety is the most important thing
prefer having little lower amount of money than losing whole bitcoin
full member
Activity: 196
Merit: 100
November 21, 2016, 03:52:48 AM
#24
Well u can sell ut bitcoins at zebpay or coinsecure .which ever u prefer it will be the best for u .and remember there are many scams out in the market .so be careful while selling the bitcoins .its better to trade with people with some trust .happy bitcoins ..kudoos Smiley
hero member
Activity: 1190
Merit: 534
November 21, 2016, 12:41:21 AM
#23
I never had any issues while selling bitcoins on any exchange, I usually prefer yobit and localbitcoins to sell my bitcoins. You can try these sites, you won’t have to provide your KYC details or anything like that. You can transfer your bitcoins on these sites (with the personalized wallet address you receive) and then sell your bitcoins without any problem. Make sure that you are adhering the limits of the exchanges and dealing within prescribed limits otherwise they may ask you to verify your identity.
legendary
Activity: 2016
Merit: 1107
November 20, 2016, 10:33:49 PM
#22
this is ridiculous,asking for the origin of coins I mean
no,seriously,wtf
bitcoin is supposed to be decentralised and anonymous
what you should do is go to any bitmixer service and just mix your coins
so no further questions asked by overzealous exchanges
have a look in the service discussion section,I would suggest bitmixer as the oldest and the most reliable one
sr. member
Activity: 391
Merit: 250
November 19, 2016, 06:16:03 PM
#21
You just send them a platform, like Kraken or Huobi and press the sell button. As simple as that Cheesy !
hero member
Activity: 1134
Merit: 517
November 19, 2016, 03:23:16 PM
#20
Maybe OP does not want to go through the hassles of verifying his ID because asides that, I've never heard of an exchange asking where any coin came from.
I have used a number of exchanges and never came across any that asks for source of coin before honoring my orders, so it is either OP is having something to hide or the association of the coins with Mtgox raised a red flag. I fault the op choice of words, they sound like half truth to me.

I wonder how I am supposed to sell bitcoins on an exchange. I have been considering several and have gone through the KYC/AML process for three exchanges. The problem is once I sell my coins they might ask me to prove where I got them from. Keep in mind I am not intending to withdraw the FIAT, I just want to sell high and rebuy lower, and withdraw the coins.

The problem with proving the source of my coins is, how the hell do I do it? I bought them on MtGox and they can't ask MtGox for verification. Even if they did, the coins have gone through several addresses over the years. I can't even trace it back to the MtGox purchase since they went through other exchanges (and got mixed).

So what is one supposed to do here?
I suppose you deposited though a wallet, it history should be a pointer to the source if that is really how it got to Mtgox in the first place.
hero member
Activity: 756
Merit: 503
Crypto.games
November 17, 2016, 12:54:04 PM
#19
Maybe OP does not want to go through the hassles of verifying his ID because asides that, I've never heard of an exchange asking where any coin came from.

WHAT. Really? He has already stated that he has gone through/did the KYC/AML with three exchanges.

I wonder how I am supposed to sell bitcoins on an exchange. I have been considering several and have gone through the KYC/AML process for three exchanges. The problem is once I sell my coins they might ask me to prove where I got them from. Keep in mind I am not intending to withdraw the FIAT, I just want to sell high and rebuy lower, and withdraw the coins.

The problem with proving the source of my coins is, how the hell do I do it? I bought them on MtGox and they can't ask MtGox for verification. Even if they did, the coins have gone through several addresses over the years. I can't even trace it back to the MtGox purchase since they went through other exchanges (and got mixed).

So what is one supposed to do here?

OP, please stop worrying that top exchanges would actually ask you where you got your coins. They won't. Unless there is some Huge problems with your trades(way too high,complaints), but this is still highly unlikely.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 17, 2016, 10:30:27 AM
#18
Selling bitcoin through exchange website is one among the method more traders prefer than the common users. Traders hold good number of bitcoin into the exchange websites expecting for the price variation and when price increase happens or with some profit margin post the selling for the buyers.

I agree since buying and holding bitcoin alone is one safe investment people used to do. Selling them in exchanges is a proper way to get rid of scammers and having a clean and safe transaction.If you have a coin on your personal wallet, you send it alo in exchanges to sell. Create an account and observe first how the exchanges functions.
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