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Topic: Safest way to sell bitcoins? - page 6. (Read 11492 times)

hero member
Activity: 1372
Merit: 503
November 07, 2016, 05:56:42 AM
Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!
Use legit exhange website those trading site's and you can also use localbitcoins to sell your bitcoins but if you are in the philippines or country that has bitcoin based wallet then you can sell there and direct into bank account to become safe of your money you can also exchange that into fiat.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 07, 2016, 02:19:37 AM
Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.
You are right, you will be safe selling in locabitcoin as long as you will exercise proper caution in your transaction. Just do buy one time with big amount as you can do it with small amount with several transaction, my suggestion is for you to minimize the risk.
hero member
Activity: 644
Merit: 501
November 07, 2016, 12:54:18 AM
Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
November 07, 2016, 12:37:43 AM
In my opinion the safest is just to accept a bank deposit or transference in localbitcoins from a trusted buyer and then deliver the bitcoins, stay away from PayPal if they realize you are making bitcoin transactions they are going to limit your account.
i do agree to stay away with paypal,paypal had been forbid any form of cryptocurrencies transaction which involve paypal and they really forbid it,thus you will get punishment for doing such thing and some of the punishment is account limitation,if OP think localbitcoins is just not enough safe,go with big exchanger company
hero member
Activity: 980
Merit: 523
November 06, 2016, 05:49:57 PM
i think you can sell your bitcoin through trusted exchange like as bitstamp , yobit , localbitcoins i also use these exchange when i sell or buy bitcoin and i think these exchange is much more good and safe than other exchange.
legendary
Activity: 1190
Merit: 1002
November 06, 2016, 08:12:35 AM
I am using localbitcoins.com site as this is the site which is giving the correct fiat currency conversion price for my country and their are so many users who are dealing in my country so for bank transaction their is no problem and their escrow service is also very good.

coinbase and other exchanges are not supporting my country.
hero member
Activity: 700
Merit: 500
November 06, 2016, 08:08:05 AM
I've sold on coinbase in the past and haven't had any problems. I have heard that some people have had issues with coinbase so some more checking before using them.
Coinbase sometimes does a lot of research like some days ago I heard they blocked a user's account because of they found it suspicious and thought he was gambling, which coinbase I think does not allow. So, if you take bank cash from such sites then be aware of such things, you might face legal issues too.
full member
Activity: 216
Merit: 105
November 05, 2016, 06:28:39 PM
Most of the times I use kraken, bitstamp and localbitcoins, those are the most reliable platforms
hero member
Activity: 2912
Merit: 556
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November 05, 2016, 05:30:37 PM
the safest way its i selling my bitcoin with my friends which accepted for selling and buying bitcoin as his jobs and he directly transfer the real money into my bank account and its no need to wait too long. for one transactions is only need time in about 10 minutes to complete but if the traffic is busy then it would need more time. and i am not prefer to use third party to send the real money, because the fee is too much expensive for me.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 05, 2016, 04:39:44 PM
In my opinion the safest is just to accept a bank deposit or transference in localbitcoins from a trusted buyer and then deliver the bitcoins, stay away from PayPal if they realize you are making bitcoin transactions they are going to limit your account.
full member
Activity: 224
Merit: 100
November 05, 2016, 04:31:20 PM
there is many exchange for buy and sell your bitcoin and i think all exchange are trusted bitcoin i mostly use localbitcoins and in localbitcoins  you can buy or sell your bitcoin with easily and i hope you will be never face to any problem in localbitcoins.
hero member
Activity: 826
Merit: 1000
November 05, 2016, 08:01:07 AM
The best and the safest way to sell your bitcoins is to be a part of trusted and reputed site and it will also depend on the country that you are living in as for me localbitcoins is the best place to sell my coins.
Part of a trusted site ? what you mean ?
I think there are a lot of exchanges that can give you paypal, skrill or anything you want so you can those and then convert to bank money. By the way I am curious that there are debit cards of BTC do they work on online shopping ? if so we don't need cash anymore Smiley
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 05, 2016, 12:58:19 AM
The method I use to sell Bitcoins is using a local exchange from my country. I just send my BTCs there, sell to them and they send the money to my bank account. Surely they are a legit and trusted business. You should look if there is any of this kind of exchange on your country, so you can make the transactions really easily and fast.
It's good to sell in a licensed company rather that a specific person, I know they charge a bit but what matters here is the safe transaction. If you are selling big amount of btc then better be safe than sorry, sell in local exchange like i do.
hero member
Activity: 1190
Merit: 525
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November 04, 2016, 04:19:10 PM
#99
The method I use to sell Bitcoins is using a local exchange from my country. I just send my BTCs there, sell to them and they send the money to my bank account. Surely they are a legit and trusted business. You should look if there is any of this kind of exchange on your country, so you can make the transactions really easily and fast.
sr. member
Activity: 336
Merit: 250
November 04, 2016, 01:32:04 PM
#98
There are many people out there who are willing to buy bitcoin but the wisest thing to do is to hold on to your bitcoin and wait until it goes up because that is basically what people who are buying it do, but if you are trying to get so money fast you can find a lot of people on the market place who are willing to buy your bitcoin but sell only to trusted members.
hero member
Activity: 644
Merit: 500
October 30, 2016, 12:35:26 PM
#97
The best and the safest way to sell your bitcoins is to be a part of trusted and reputed site and it will also depend on the country that you are living in as for me localbitcoins is the best place to sell my coins.
yes that is one of the most important point that you need to be very much careful about selling your bitcoin, you should really select a trusted means of selling your bitcoin.

Go to marketplaces in other forum and there are a lot of people or sites who are reputable which you can sell your bitcoins fairly. Avoid scammers who offers big money in exchange with your btc.. remember scammers will try to lure you first.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
October 30, 2016, 12:35:03 PM
#96
I prefer Circle.com
Although I haven't used it recently. But It's reliability and Security features are very good.
The speed of the exchange is great. Instantly your money gets transferred.
hero member
Activity: 588
Merit: 500
October 30, 2016, 10:12:18 AM
#95
The safest way is to use an exchange website. It will go directly to your bank account. Every thing will be done almost instantly. But if you want to sell in a price higher than the present price, then look for people around you looking for a seller of bitcoin. Sell him your bitcoin but include some fees if you want to so you'll get some more profit.
hero member
Activity: 588
Merit: 500
October 30, 2016, 04:29:35 AM
#94
The best and the safest way to sell your bitcoins is to be a part of trusted and reputed site and it will also depend on the country that you are living in as for me localbitcoins is the best place to sell my coins.
yes that is one of the most important point that you need to be very much careful about selling your bitcoin, you should really select a trusted means of selling your bitcoin.
hero member
Activity: 1134
Merit: 517
October 24, 2016, 09:06:18 AM
#93
I don't have issues with buying and selling of bitcoins as a number of my local exchanges have also embraced bitcoin. What I bother to find is  where I can carry my transactions at more profitable rates as the bid and ask prices of exchanges most often take some chunks out of one's money especially when selling back to them and that makes find someone in house and reliable another good option.
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