Selling Bitcoin = nightmare | Bitcointalksearch.org

newcoins1978

sr. member

Activity: 406

Merit: 250

Quote from: klf on July 30, 2016, 07:24:28 PM

Quote from: Malooka on July 26, 2016, 02:42:46 PM

Quote from: Morbid on July 26, 2016, 02:33:13 PM

have you tried one of them btc prepaid cards? you can withdraw at atm.

No, I just looked up one and the terms are a real ripoff.

I use XAPO prepaid card to get cash sometimes and so for it worked well in my country. The only thing they got some small charges for issues card and also some additional fee for each withdrawal. You can get all those details on their website, and it is quite useful to get cash immediately.

Also, you can exchange your bitcoins on this forum with well-trusted members and sometimes you may get a market price without any fee also.

I have no experience with XAPO but most exchanges offer a good deal when selling your bitcoins.
With good i mean it's easy and no hassle. Also the fees are way lower then using a third party like local bitcoins.

Arcteryx

hero member

Activity: 728

Merit: 500

EtherSphere - Social Games

Quote from: klf on July 30, 2016, 07:24:28 PM

Quote from: Malooka on July 26, 2016, 02:42:46 PM

Quote from: Morbid on July 26, 2016, 02:33:13 PM

have you tried one of them btc prepaid cards? you can withdraw at atm.

No, I just looked up one and the terms are a real ripoff.

I use XAPO prepaid card to get cash sometimes and so for it worked well in my country. The only thing they got some small charges for issues card and also some additional fee for each withdrawal. You can get all those details on their website, and it is quite useful to get cash immediately.

Also, you can exchange your bitcoins on this forum with well-trusted members and sometimes you may get a market price without any fee also.

Xapo have service charges of course but how much are they because as far as I know their wallet service does not have any miner's fees included when you do a send of btc from them.

There are alot of members on here that trade in the exchange section but only trade with the ones that have 10+ trades and even after that check you should still be lery with who you deal with.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: Malooka on July 26, 2016, 02:42:46 PM

Quote from: Morbid on July 26, 2016, 02:33:13 PM

have you tried one of them btc prepaid cards? you can withdraw at atm.

No, I just looked up one and the terms are a real ripoff.

I use XAPO prepaid card to get cash sometimes and so for it worked well in my country. The only thing they got some small charges for issues card and also some additional fee for each withdrawal. You can get all those details on their website, and it is quite useful to get cash immediately.

Also, you can exchange your bitcoins on this forum with well-trusted members and sometimes you may get a market price without any fee also.

d@nte

hero member

Activity: 490

Merit: 500

The risk of situations like these that puts a lot of people away from crypto.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Both Bitfinex and Bitstamp bank in far off lands unless I'm much mistaken, even though they operate in USD. If you're a US resident in the right state you have much faster exchange options with proper regulation and insurance too.

illyiller

hero member

Activity: 697

Merit: 520

Coinbase is scammy, but in a pinch, they are very easy to use.

Why don't you use a US-facing exchange? Bitfinex or Bitstamp should work fine. I've also wired out of BTC-E many times over the years, although with the recent ETC fiasco, I can't recommend using them.

BitcoinChicken

newbie

Activity: 11

Merit: 0

I know one site from which you can try to sell your bitcoins.It is called Bitkonan and it is not scam it is really great site better than localbitcoins or ebay or other scam sites.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: helloeverybody on July 27, 2016, 12:57:58 AM

if you think its difficult unloading coins in america then try doing it in the uk, Basically the only option you have to sell is local bitcoins which means if your wanting rid of a lot ie more than 1 you need to list it and wait until soomeone hopefully wants to buy whatever youve got. Ive not seen any exchange where you could just sell them and get money transfered straight into your bank.

Correct about the exchanges but there are some UK based brokerage services but I know very little about them. Perhaps Coinfloor could hook buyers and sellers up too.

There's also Bittylicious. I've only bought on there but the whole process is very slick. And if you're prepared to string out your sells then Circle is amazing. I used that for the first time last week.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: SAMKUSH on July 26, 2016, 03:03:40 PM

You could try paxful.com, there are many people there wiling to buy bitcoins for a range of payment methods as long as you make sure that you are trading with a trusted person you can get a great rate. Local bitcoins is similar to this.

I've also used Paxful with success, but you really need to wait until you find a seller with decent feedback, I also hear about a lot of people getting scammed on there, probably by people with very little feedback.

Does Kraken accept US members? I've also used them in the past, no issues, but I'm from Europe myself.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

maybe you get in wrong person so you have this experience, but if you are get in right person, then your experience should be different than before. have you tried to sell in btc-e? i heard that we can withdraw into our local bank, but i am not sure because i don't play on there. if you don't mind, go into btc-e and see what you can do in that site. or maybe, you can trying into perfect money and sell your bitcoin on there.

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

it doesn't need to be a nightmare. you can find a person near you and arrange a meeting to trade face to face with cash and also stay anonymous that way.

or you can use another exchange like cex.io i believe they also have credit card withdrawals.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Raja_MBZ on July 27, 2016, 07:12:25 PM

I'd recommend you to use LocalBitcoins once again. Your first experience might have gone bad, but it happens like once in a blue moon with localbitcoins.com. For me, I exchanged like 10+ times there and almost all of the experiences were pretty good and fast too (some were like instant exchanges).

Or else, get a card, such as from SpectroCoin.

I sure about that the local exchange is faster than a global exchange site because it's still in our region and no needed a various requirement for to do that, more than 20 times in there and it's very good experienced for me.

angaper

hero member

Activity: 966

Merit: 507

It seems clear that it is still very difficult to easily dispose of our money when we decide to base our economy on digital currencies. And in these cases we still can see a great clash between the real and the virtual world. That is why I think the world is not sufficiently prepared to support this alternate economy, it isn't?.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

I'd recommend you to use LocalBitcoins once again. Your first experience might have gone bad, but it happens like once in a blue moon with localbitcoins.com. For me, I exchanged like 10+ times there and almost all of the experiences were pretty good and fast too (some were like instant exchanges).

Or else, get a card, such as from SpectroCoin.

bitcapitalist

member

Activity: 110

Merit: 10

Quote from: Malooka on July 26, 2016, 02:23:54 PM

I am in a position where I need to sell 3-4 BTC to handle some health issues.

It's impossible.

Coinbase is a fraud and I do not trust them with my bank information after they scammed me years ago.

Localbitcoins is not much better. I bought several BTC on there last year and early this year. Some idiot gave me the wrong name to send to, so I had to go back to Moneygram in person and change it for them. After I left negative feedback, he labeled ME a "scammer." I am on "forced holiday" now and have been for months, even though I've never attempted to do anything dishonest.

eBay is worse. Sold .5 on there - to some scamming idiot who sent me a fake Illinois driver's license scan - it had a woman with a Louisiana address and listed her at 6'4", 245lbs.

Local Craigslist ad. Waste of time. No replies.

How the hell do I get MONEY for these? It's worthless if you need cash fast. I've run an online business for over 10 years, have great eBay feedback, etc.

US resident, veteran.

Not a scam artist.

All exchanges have their own KYC and AML policies. Sending and ID and Utility bill shouldn't be a problem and it's only one time. Anyways, you can find a lot of reputable exchangers in Localbitcoin or even do it in person by using mycelium or localbitcoin again.

Chances of someone scamming you in person are low since you can meet them in a public place and get cash for the BTC, then you could go to a bank and make a deposit asap.

I would go for a in person trade to avoid all type of scams. No paperwork involved and anonymous.

Good luck!

Chris!

legendary

Activity: 1382

Merit: 1122

Quote from: OgNasty on July 26, 2016, 09:13:31 PM

PM sent.

There you go. I looks like you've sold them now (or should have. It's OgNasty after all.) you can go ahead and lock the thread (or I'll buy some if you have any Canadian bank account Wink

)

European Central Bank

legendary

Activity: 1288

Merit: 1087

I wouldn't wanna sell on here. Ebay is suicidal. Atms will rape you, if you can find one.

If it were me I'd try gemini or itbit. Sure, you still have to kyc and stuff but they're run by pros. I guess it depends what state you're in.

isvicre

hero member

Activity: 826

Merit: 1000

Quote from: ImHash on July 26, 2016, 10:18:16 PM

have you tried yobit? I think you can sell easily there. just try to see if you can sell at desired price I hope you succeed.

Stupid suggestion, who wants anything to do with yobit?

Op you have a lot of options in the US. Ebay is not a good choice, try localbitcoins again and use a reputable trader.

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

if you think its difficult unloading coins in america then try doing it in the uk, Basically the only option you have to sell is local bitcoins which means if your wanting rid of a lot ie more than 1 you need to list it and wait until soomeone hopefully wants to buy whatever youve got. Ive not seen any exchange where you could just sell them and get money transfered straight into your bank.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: The Sceptical Chymist on July 26, 2016, 10:38:54 PM

Quote from: MyBTT on July 26, 2016, 04:53:49 PM

Why don't you use this forum? There are some traders here that trade for bitcoin and have a small fee for their work. You can choose the more reputable ones, but they might cost you more.

Yeah I was going to suggest this--we have a whole currency exchange section here that OP could avail himself of.

Also, I use Circle with no problems whatsoever. If you're paranoid about anonymity, forget it, but they're reliable.

OP be careful if you decide to sell them on the forum. Lots of scammers around, and don't take PayPal whatever you do.

yeah. the forum is full of scammers. even it is a good way to buy sell bitcoin. lots of trusted people here to buy bitcoin. just got to in Currency Exchange section and see who wan to buy your bitcoins. we have escrow services for deal in the forum.
don't use to deal with anyone without escrow no matter how much the person looks trusted.

Topic: Selling Bitcoin = nightmare (Read 1976 times)