Author

Topic: New to Bitcoin need visa help. (Read 714 times)

legendary
Activity: 2506
Merit: 1010
October 03, 2012, 05:02:58 PM
#9
What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada.

Cashing it is less difficult than buying bitcoins, but still not perfect.

If you are cashing out a large amount (thousands of dollars worth), then the wire fees from an exchange are not prohibitive and that ends up being the best deal

For amounts under $1K, CA VirtEx ends up a pretty fair deal.  Canadian Bitcoins also offers cash-out methods:
 - http://en.bitcoin.it/wiki/Selling_bitcoins

FastCash4Bitcoins doesn't yet support any Canadian banks but I believe they've mentioned Canada is first for expansion if/when they do.

But if you haven't done so yet, putting yourself up as a seller on LocalBitcoins might get you cash in hand at a better price than any other method.

 - http://www.LocalBitcoins.com
SAC
sr. member
Activity: 322
Merit: 250
October 03, 2012, 01:19:11 PM
#8
Hi im somewhat new to bitcoin. Ive been mining for a few months but havent really done anything with the bitcoins. What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada. Id prefer not to have a prepaid visa and just have it put on my regular visa that I use. Keep in mind im kind of basic here so if you could step by step me that would be great. Thanks

They have withdraw to bank account option.

https://www.cavirtex.com/
member
Activity: 70
Merit: 10
October 03, 2012, 01:16:36 PM
#7
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks Smiley
Are you sure you're new? Wink

Fastcash4bitcoins can send you PayPal without any real risk.

Ya im newish but i think everyone heard about that pirate guy.
hero member
Activity: 868
Merit: 1002
October 03, 2012, 01:11:52 PM
#6
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks Smiley
Are you sure you're new? Wink

Fastcash4bitcoins can send you PayPal without any real risk.
member
Activity: 70
Merit: 10
October 03, 2012, 01:00:43 PM
#5
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.

didnt that guy Pirate@40 have a good reputation at one point to? Ill check out the fastchas4bitcoins.com. Thanks Smiley
hero member
Activity: 588
Merit: 500
firstbits.com/1kznfw
October 03, 2012, 12:56:32 PM
#4
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?

Bitcoinary has a reputation system. But there are also known trusted businesses that do btc -> pp. https://fastcash4bitcoins.com/ is one, but I'm not sure of the fees nor if there are better ones because I haven't done it myself.
member
Activity: 70
Merit: 10
October 03, 2012, 12:50:23 PM
#3
Paypal has a chargeback Bitcoin does not. So I definetly wont be accepting paypal unless there is some guarantee that I am not aware of?
hero member
Activity: 602
Merit: 500
Your *what* is itchy?
October 03, 2012, 12:46:54 PM
#2
Maybe use localbitcoin or bitcoinary to sell bitcoins to someone for paypal $, which you could then transfer to a credit card?
member
Activity: 70
Merit: 10
October 03, 2012, 12:34:46 PM
#1
Hi im somewhat new to bitcoin. Ive been mining for a few months but havent really done anything with the bitcoins. What is the best/easiest/fastest way to exchange my BTC into a visa or my bank account. I live in Canada. Id prefer not to have a prepaid visa and just have it put on my regular visa that I use. Keep in mind im kind of basic here so if you could step by step me that would be great. Thanks
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