Topic: What is the easiest way to exchange my bitcoins for USD ? (Read 1018 times)
I am using binance to exchange my cryptocurrency.
I think you are confused. MG doesn't translate, accept, or pay BTC. They never have.
hummmm
Let me try to be more specific.
I have X amount of BCTs and I want to convert them to Cash.
Is there any way to do that and get the cash through WU and/or MG?
Regards
Wouldn't the easiest way be to create an account with one of the more reputable exchanges that has USD as one part of their trading pairs and also allows you to withdraw fiat currency, and then make the trade there. Many of the bigger exchanges (BitMEX, Binance, KuCoin, Poloniex etc., do NOT offer that opportunity). Many of them, however, offer trading pairs in USDT (Tether), but that is not a fiat currency. Some who DO offer that opportunity (and that are also very well renowned, so that you don’t have to worry about loosing any money) are the following:
Changelly (https://changelly.com/?ref_id=8f779afee215); and
EXMO (https://exmo.com/?ref=1103357)
If you want cash literally in hand (paper bills), then you would as the last step have to withdraw it from the bank the cryptocurrency proceeds have been deposited to from the exchange.
Hope this helps and please let me know should you have any follow-up questions!
All the best,
Cryptowisser - Your Trading Cryptocurrency Guide
Depends entirely where you are (within the USA) and also who you know, perhaps ask around if anyone wants to buy some BTC from you, this is often my first port of call.. otherwise can put in an exchange like coinbase and cashout, sell on localbtc.. virwox like someone also mentioned - you can sell in marketplace on here if you like, but read the rules and be diligent.
He asked that in 2013 and you guys are still replying 
The best way to buy and sell Bitcoins is through the exchanges. There is no chance of hassling of money if you buy money from a reputed exchange. The most populars are Coinbase, Bittrex, Coinmama, Bitpanda, Kraken, LocalBitcoins, etc. You can compare their attributes and features.
You have too many ways to exchange your BTC to USD. I can suggest some well-trusted sites for you. I hope it helps.
https://www.coinbase.com/
https://cex.io/
https://localbitcoins.com/
https://www.coinbase.com/
https://cex.io/
https://localbitcoins.com/
I have used both localbitcoins and bitinstant with cash at money grams. usual end up paying $2-3 above spot price per coin. but with the price rising it seems to even out after a few days
I think you are confused. MG doesn't translate, accept, or pay BTC. They never have.
hummmm
Let me try to be more specific.
I have X amount of BCTs and I want to convert them to Cash.
Is there any way to do that and get the cash through WU and/or MG?
Regards
I think you are confused. MG doesn't translate, accept, or pay BTC. They never have.
Sell them through MoneyGram, it's like Western Union except the fee's are 10x less. That or bank transfer/wire would probably be the fastest ways to get cash in your hand. Any place with large amounts of feedback will be safe to use though.
MG is generally cheaper than Western Union but saying the fees at 10x less is kinda stretch.
WU fee to wire $1,000 USD (US to US) - $95 (9.5%)
MG fee to wire $1,000 USD (US to US) - $78 (7.8%)
Either one is a very expensive way to send funds.
Yes, It is expensive but I know a couple of persons that owns MG offices.
I would like to know how it works, in order to recreate the service and get a better prices.
I need how MG translate BTCs to USD. Can you tell me how they do that?
Kind Regards
This is nice too >> https://localbitcoins.com/
I'd only trust a reputable vendor to send in cash for BTC, I'm sure there's some on silk road out there.
I'm a vendor on Silk Road and the best way I've found means taking a risk. There are vendors (like me) who have tons of btc, and then there are customers who have cash and want btc so they can buy stuff on Silk Road.
We trade. They send me cash, I email the coin. We don't know each other, so the potential for getting ripped off is there. But so far it's worked. And worked way better than CampBX, which is ripping me off for $11,000 (I just started a thread about the fun time I've been having with CampBX).
We trade. They send me cash, I email the coin. We don't know each other, so the potential for getting ripped off is there. But so far it's worked. And worked way better than CampBX, which is ripping me off for $11,000 (I just started a thread about the fun time I've been having with CampBX).
Sell them through MoneyGram, it's like Western Union except the fee's are 10x less. That or bank transfer/wire would probably be the fastest ways to get cash in your hand. Any place with large amounts of feedback will be safe to use though.
MG is generally cheaper than Western Union but saying the fees at 10x less is kinda stretch.
WU fee to wire $1,000 USD (US to US) - $95 (9.5%)
MG fee to wire $1,000 USD (US to US) - $78 (7.8%)
Either one is a very expensive way to send funds.
Sell them through MoneyGram, it's like Western Union except the fee's are 10x less. That or bank transfer/wire would probably be the fastest ways to get cash in your hand. Any place with large amounts of feedback will be safe to use though.
Thanks for you reply Got BTC.
I´m new around BTC industry, I´m really interested on Money Gram,
How does it work?
Can I sell my Bitcoins a request the Money Gram online?
Thanks again.
How anonymous does the cash out need to be?
As much as possible....
You can try https://mtgox.com/ or https://fastcash4bitcoins.com/
Sell them through MoneyGram, it's like Western Union except the fee's are 10x less. That or bank transfer/wire would probably be the fastest ways to get cash in your hand. Any place with large amounts of feedback will be safe to use though.
Where in USA?
One really easy way is to look for someone local that will buy them. I have someone here local to where I live with a very similar last name to your handle. I met him at the Bitcoin Users group. It was just him, until I joined.
Check for a users group, or use https://localbitcoins.com. Once you have an established relationship trading BTC for USD is easy.
That's just one suggestion.
Check for a users group, or use https://localbitcoins.com. Once you have an established relationship trading BTC for USD is easy.
That's just one suggestion.
There is an exchange named VirWox, https://en.bitcoin.it/wiki/VirWoX I have used it to exchange Second Life Lindens and USD. It also exchanges BitCoins.
How anonymous does the cash out need to be?
Hi
Everyone
Can someone tell me where can I exchange my BTCs for CASH ( USD) in USA?
I have a couple of hundreds that I would like to cash ASAP.
Regards
Alexord
Everyone
Can someone tell me where can I exchange my BTCs for CASH ( USD) in USA?
I have a couple of hundreds that I would like to cash ASAP.
Regards
Alexord
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