What Are Most Reliable Ways To Sell Bitcoin? - page 3.

pawanjain

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Quote from: Edsection on April 24, 2019, 08:54:47 AM

Hey guys!

Some of you may think that my question will be dumb and that Google can help me but Google does not have everything - it does not have personal experience.

My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.

I need a personal experience of how you have done it or maybe a place or an article where you can learn these things.

Because of the price increase, I want to sell some of my Bitcoins but I want also to make sure the transaction goes through.

P2P exchanges (Peer to Peer) are the only choice for me when it comes to selling cryptocurrencies for fiat. Find out a trustable P2P exchange that supports the currency you wanna cash out for and make the deal over it.
How to find if it's trustable or not ? You will have to do a research for it. Follow the exchange on social media platforms, look for the user reviews and customer feedbacks and you will get an idea if the exchange is good or not.
I tend to prefer making all my deals on P2P exchanges but in rare cases I have to take the alternate option which is to sell it to somebody I know. Not everybody can do this since you need crypto contacts to buy/sell crypto .

okala

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Quote from: Mbitr on April 24, 2019, 09:22:32 AM

A bitcoin atm is always an easy way to sell btc.
There appears to be one in Riga

https://coinatmradar.com/bitcoin_teller/6254/bitcoin-teller-bitcoin-teller-riga-crypto-embassy-cryptocash/

It’s worth checking it out, but always check the fees first .

That so cool and the first time am seeing someone suggesting bitcoin ATM for selling bitcoin, can you please tell us the fee on transactions from the ATM. I normally use Remitano.com it a p2p escrow platform and the charge a fee of 0.0002 btc for any deposit to your account on the platform.

LFC_Bitcoin

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Quote from: Edsection on April 24, 2019, 09:12:56 AM

Quote from: mk4 on April 24, 2019, 08:59:37 AM

It would help to tell us what local currency and what country you are in first, then people might be able to make good suggestions.

Personally though, as I always say to threads like this, LocalBitcoins[1]. Just make sure you're buying or selling to decently reputable people. Also, my second option is Abra[2]. Though I can't choose my own prices or set up buy/sell offers, it's still pretty much seamless on my side.

[1] https://localbitcoins.com/
[2] https://abra.com/

My currency is Euro and I am in Latvia. Yeah well, couple of my friends has a bad experience with LocalBitcoins so...

Localbitcoins is fine as long as you sell to a reputable buyer with lots of positive feedback/trades.
Honestly you shouldn’t have a problem with it.

n0ne

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Quote from: Edsection on April 24, 2019, 09:12:56 AM

Quote from: mk4 on April 24, 2019, 08:59:37 AM

It would help to tell us what local currency and what country you are in first, then people might be able to make good suggestions.

Personally though, as I always say to threads like this, LocalBitcoins[1]. Just make sure you're buying or selling to decently reputable people. Also, my second option is Abra[2]. Though I can't choose my own prices or set up buy/sell offers, it's still pretty much seamless on my side.

[1] https://localbitcoins.com/
[2] https://abra.com/

My currency is Euro and I am in Latvia. Yeah well, couple of my friends has a bad experience with LocalBitcoins so...

That's not fair, because with each and everything if you're not satisfied then it is truly not possible to sell your bitcoin. Your friend could've done some mistake, without which there is no chance for any flaw on selling. You could see a list of traders, you can select based on the trust rating of the traders. Other than this only possible way is to sell through our forum services section.

NeuroticFish

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I've been using either Bitstamp, either some exchange from my country, either Wirex card.
I've ordered the 3 by the fees, small to high.
Also people tend to not keep big bucks on Wirex cards because of some issues in the past.

For all of these you'll need to fill KYC though.

Mbitr

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A bitcoin atm is always an easy way to sell btc.
There appears to be one in Riga

https://coinatmradar.com/bitcoin_teller/6254/bitcoin-teller-bitcoin-teller-riga-crypto-embassy-cryptocash/

It’s worth checking it out, but always check the fees first .

BitcoinYu

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With the recent pump, many people have been thinking about selling their Bitcoin holdings.

I don't blame you.

I saw this question also when BTC hit 19k back in December 2017.

Don’t sell your Bitcoin at the first available exchange. You will end up paying a lot more than you should, just like you already did, and you will not get the best exchange rates.

And, on top of that, it is often as you said - Customer support is nowhere to be found.

That is why everyone should read guides and perform his own research.

The one thing I would recommend you is this - https://paybis.com/news/how-to-sell-bitcoin/

This is a great guide for beginners and experienced crypto enthusiasts alike.

They have everything from different ways to sell your Bitcoin all the way to what you have to do after the sale and info about taxes you might need to pay.

I hope it comes in handy Wink

Edsection

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Quote from: mk4 on April 24, 2019, 08:59:37 AM

It would help to tell us what local currency and what country you are in first, then people might be able to make good suggestions.

Personally though, as I always say to threads like this, LocalBitcoins[1]. Just make sure you're buying or selling to decently reputable people. Also, my second option is Abra[2]. Though I can't choose my own prices or set up buy/sell offers, it's still pretty much seamless on my side.

[1] https://localbitcoins.com/
[2] https://abra.com/

My currency is Euro and I am in Latvia. Yeah well, couple of my friends has a bad experience with LocalBitcoins so...

mk4

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It would help to tell us what local currency and what country you are in first, then people might be able to make good suggestions.

Personally though, as I always say to threads like this, LocalBitcoins[1]. Just make sure you're buying or selling to decently reputable people. Also, my second option is Abra[2]. Though I can't choose my own prices or set up buy/sell offers, it's still pretty much seamless on my side.

[1] https://localbitcoins.com/
[2] https://abra.com/

Edsection

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Hey guys!

Some of you may think that my question will be dumb and that Google can help me but Google does not have everything - it does not have personal experience.

My question is - how can I sell my BTC without paying high fees to someone? I made a big mistake and lost my BTC using an exchange that's not reliable. In the end, it turned out they don't even have a customer support team.

I need a personal experience of how you have done it or maybe a place or an article where you can learn these things.

Because of the price increase, I want to sell some of my Bitcoins but I want also to make sure the transaction goes through.

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