Topic: What are the best ways to convert BTC to USD$ and then xfer to my bank account? (Read 462 times)
June 22, 2013, 05:25:58 PM
I've used coinbase to buy btc, but not sell them. It takes a few days, but seems to work fine.
June 22, 2013, 02:06:49 PM
There's also the option of coinbase. You send your BTC to your account with them, sell it and they'll lock it in at the price at the time, and then in a few workdays it'll be deposited into your bank account, as your bank account is hooked up to coinbase. (US only afaik).
Assumingly they're reliant on exchanges, such as mt gox, but you wouldn't have to deal with that portion.
Assumingly they're reliant on exchanges, such as mt gox, but you wouldn't have to deal with that portion.
June 22, 2013, 01:55:30 PM
Is there a better way to do this than mtgox? Seems like it takes almost 2 weeks to get USD from MtGox to a US Bank Account. Am I missing an easier/faster way than p2p xfer?
This can be done with Bitcoin-Brokers for free. You can have your bitcoins sold and turned into a USD deposit into any major US bank without incurring any fees at all.
Here is a thread discussing the service:
https://bitcointalksearch.org/topic/buy-bitcoin-with-cash-deposits-at-most-banks-in-the-usa-with-bitcoin-brokers-237164
June 22, 2013, 01:42:08 PM
I think its understood at this time that Mt Gox has shut down USD withdraw for two weeks, according to them.
Is there a thread on here about what if Mt Gox evaporates or is shut down? Is there a website somewhere that rates the exchanges or does post mort on them when they go up in flames?
I have nothing at Mt Gox and do not expect it to survive, imo. Japan money issues and global bond conflagration will probably make it hard to get coins out for a lot of people, we need better support from the community in regards to tracking the dipshits who are crooks or just stupid.
Is there a thread on here about what if Mt Gox evaporates or is shut down? Is there a website somewhere that rates the exchanges or does post mort on them when they go up in flames?
I have nothing at Mt Gox and do not expect it to survive, imo. Japan money issues and global bond conflagration will probably make it hard to get coins out for a lot of people, we need better support from the community in regards to tracking the dipshits who are crooks or just stupid.
June 22, 2013, 12:50:08 PM
I have problem with USD at mtGox, but I'm from Serbia I when I contacted online support they told me that USD transfer to my country(and some others) is stopped ! So they gave me back USD on my MtGox account and I must buy coins again and then sold for euros ant then send to my bank account. So check with mtgox support if usd transfer to your country working or not. They not told me what is a reason to stoping USD transfer.
June 22, 2013, 12:38:16 PM
Is there a better way to do this than mtgox? Seems like it takes almost 2 weeks to get USD from MtGox to a US Bank Account. Am I missing an easier/faster way than p2p xfer?
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