Safest way to sell bitcoins? - page 9.

elDano

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Quote from: DoublerHunter on June 18, 2016, 02:04:42 AM

Quote from: zeaderza on June 17, 2016, 01:49:28 PM

You can sell your bitcoin on a trusted exchange and you will receive your fiat money in a bank account.
Trusted exchanges:Bitfinex,Bitstamp and BTC-e.

Yeah i also use bitfinex and i can say that it's good and easy to use. I think that bitfinex is one of the best sites to go if you are a newbie and want to sell or exchange your bitcoin into fiat.

This is not hte savest way to sell your bitcoins there are allot of ways to sell them There wil always be peopel who want to buy your coins but dont trust that they want to give you the full amount cash but it is untrusted you know better sell it to a company you get less but many times safer.

Edward_Cryptonit

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https://cryptonit.net offers paypal and bank transfer (USD and EUR) withdraw options.

- EUR SEPA 0 fee
- paypal 2% fee
- USD wire $80 fee fixed

2FA, e-mail authentication, Yubikey.

tickets/phone support

Should you have any questions, feel free to let us know

Regards.

kim.apps

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Localbitcoins, it is beneficial when you engage in transactions with entities you agree with or support. I think coinbase and circle go further than they actually need to with all the regulation.

virusasog

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Quote from: NorrisK on August 27, 2016, 06:51:31 AM

Personally I like to use Kraken to sell bitcoins to euro and get them transferred to my bank account.

Never had problems with them, they are quite fast and they have low transaction fees. Their track record is also very good, except for the recent problems where people didn't set 2fa on their login and their software then allowing to change the 2fa without entering the 2fa in question.

I would completely avoid paypal for selling, the risk is too big, even with trusted members (they could be hacked, decide it is time to go rogue, etc.).

Yup paypal is being under scam accusations nowdays. I just use escrow for the trade or else I will use localbitcoin.com for sell my bitcoins At there I can easily move the bitcoins with the release button and we can easily find trusted traders there.

NorrisK

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Personally I like to use Kraken to sell bitcoins to euro and get them transferred to my bank account.

Never had problems with them, they are quite fast and they have low transaction fees. Their track record is also very good, except for the recent problems where people didn't set 2fa on their login and their software then allowing to change the 2fa without entering the 2fa in question.

I would completely avoid paypal for selling, the risk is too big, even with trusted members (they could be hacked, decide it is time to go rogue, etc.).

densuj

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Quote from: AscendancyEight on June 13, 2016, 04:37:39 PM

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!

Selling bitcoin to USD via paypal is high risk because as we know paypal is reversible service and the buyer can make charge back to you, except you sell bitcoin to people who can be trusted and there are positive feed back on this forum.

PremiumCodeX

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I am not sure if you still need any more advice, but newcomers at this thread could so I am sharing my opinion. I consider Localbitcoins a good place to start from since they have a proper trust system to choose someone to deal with. Then you can choose from escrow and P2P exchanges. When writing P2P exchange, I mean the method what in you physically meet with the person whom you are about to deal with and exchange at place. Another advantage of this method is the instant exchange. People near you at localbitcoins should provide an opportunity for you to do it.

xIIImaL

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Quote from: croutonhexagon on August 24, 2016, 05:07:09 AM

You Can Try Out Localbitcoins.com For Buying/Selling Bitcoins....
There Deal Is Done Between Users are No Need to Send The Money to Website....
I Personally Used Their Service Many Times....

Yeah even I am using the same one bro. There is a escrow system in localbitcoins.com So trade would be easy for both parties and only one thing for newbies who is trying trade, please check the trader who have trust and feedback well.

Viivekvk

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Quote from: AscendancyEight on June 13, 2016, 04:37:39 PM

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!

i think direct deposit is good for it

JeffBrad12

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Quote from: croutonhexagon on August 24, 2016, 05:07:09 AM

You Can Try Out Localbitcoins.com For Buying/Selling Bitcoins....
There Deal Is Done Between Users are No Need to Send The Money to Website....
I Personally Used Their Service Many Times....

I have a criticism for you, you need to read about the date of the post is made before and I think the OP is already retired from this thread for a long time ago but another from that trying to give the quality of your post into the active thread will be better.

croutonhexagon

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You Can Try Out Localbitcoins.com For Buying/Selling Bitcoins....
There Deal Is Done Between Users are No Need to Send The Money to Website....
I Personally Used Their Service Many Times....

maydna

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Quote from: Xenophoto on August 21, 2016, 11:01:20 PM

You can go to Currency Exchange board and look for someone trusted there converting BTC >> Paypal. The exchanging fee sometimes is high though so you might wanna try other stuffs instead. You could look for a friend or even someone in this forum that needs BTC in exchange of their fiat. Meetups is safer than Paypal anyway because once you got the money, there's no way they can revert them.

the best way its you can find your friend near you which have bitcoin and fiat, and sell to them. because beside its your friends, you know who is he/she, where he/she live, and what they doing. so i think its a safest way to sell and buy bitcoin to you. this is what i am doing when i want to sell my bitcoin into fiat. i call my friends, tell him i want to sell bitcoin, i send my bitcoin, and my friend send fiat into my bank account and its done in 10 minutes.

Xenophoto

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You can go to Currency Exchange board and look for someone trusted there converting BTC >> Paypal. The exchanging fee sometimes is high though so you might wanna try other stuffs instead. You could look for a friend or even someone in this forum that needs BTC in exchange of their fiat. Meetups is safer than Paypal anyway because once you got the money, there's no way they can revert them.

goinmerry

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Quote from: mrhelpful on June 28, 2016, 12:09:12 PM

Quote from: romero121 on June 28, 2016, 12:01:47 PM

Posting trade advertisement through the localbitcoins.com website is the safest way of selling bitcoins compared to other bitcoin exchange websites.

You just gotta make sure though if you do place the advertisement its under a escrow option which most people know this but I`ll repeat it.

The non escrow options are people doing local transactions that meet up for cash.

As I mentioned before depending on the amount youre selling though.

I will go with the escrow thing. You are minimizing a lot of risk in here. The meet ups are the safest but where will you find one that would willingly exchange, the other problem is, are there someone near you that would do it,?

nejibens

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Localbitcoins is safe, you can sell there your bitcoins . There is also some trusted exchangers like Coinbase buying bitcoins from their members.

Hellacopter

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You can sell your bitcoins in Coinbase simply without any issue usually, and also you can sell it here in the currency exchange section of this forum

PacePay

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For me the sfaest way to sell my bitcoins are those exchanges which sometimes have higher value of bitcoin , like Yobit and Cex.io , but there is a little problem with yobit, like you will sometime wait for days to get your fiat withdrawal, so nowadays I decided to go to Cex.io .

JeffBrad12

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Quote from: virasog on August 21, 2016, 10:02:16 AM

Quote from: raithe on July 01, 2016, 06:23:17 PM

Quote from: AscendancyEight on June 13, 2016, 04:37:39 PM

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!

coinbase/circle if you have a bank account to hook up to them.

localbitcoins otherwise

All of the above ways of selling are safe but the safest way to sell the bitcoins is face to face. In this way there is zero percent chance of fraud etc.

But you can read again about the sentences is writing by op, the universal platform. I don't think they will selling or using the f2f system. Huh

the OP needs a trusting universal platform.

virasog

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Quote from: raithe on July 01, 2016, 06:23:17 PM

Quote from: AscendancyEight on June 13, 2016, 04:37:39 PM

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!

coinbase/circle if you have a bank account to hook up to them.

localbitcoins otherwise

All of the above ways of selling are safe but the safest way to sell the bitcoins is face to face. In this way there is zero percent chance of fraud etc.

HaXX0R1337

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Quote from: AscendancyEight on June 13, 2016, 04:37:39 PM

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!

Localbitcoins is kind of safe, however you need to remember that the more btc you sell, more you risk.
Just do it slowly, without hurry- if you have 10 btc to sell, even if you are going to get scammed someway- 0.05 or 0.1 won't hurt you so much right?

Topic: Safest way to sell bitcoins? - page 9. (Read 11492 times)