Author

Topic: What is the best way to convert BTC to fiat USD and withdraw? (Read 655 times)

legendary
Activity: 3472
Merit: 4801
newbie
Activity: 10
Merit: 0
Hello, IMO the best option you have is Mt.Gox. Also in a few weeks you should have Coinlab in the US.
For Mt.Gox there are some rules that apply if your account is not verified e.g withdraw of max 1000 USD per day via wire transfer

~bobsmoke

what is coinlab?  I will try to google it.
sr. member
Activity: 314
Merit: 250
Hello, IMO the best option you have is Mt.Gox. Also in a few weeks you should have Coinlab in the US.
For Mt.Gox there are some rules that apply if your account is not verified e.g withdraw of max 1000 USD per day via wire transfer

~bobsmoke
newbie
Activity: 37
Merit: 0
I used Bitinstant to get my funds into MtGox but I don't trust Bitinstant to get my funds back out because i had some problems with them and I know many other people do too.  So I am wondering what the best way is to sell my BTC and withdraw the money.  I know that MtGox can use Dwolla but you have to be verified with both of them and that can take a week or much longer. 

I would rather not use a wire transfer although I guess i will if I have to.  What do think is the best way to do it?   I can transfer my BTC to any site I need to to convert to US dollars but how do I get them out? Thanks.
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