Hey guys so coinbase lowered my limits and someone tried to hack my Gemini account so I had to freeze it for now, but what other places do you use to sell bitcoin for USD and transfer it to your bank? Thanks!
Best Place to Sell Bitcoins
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kj8210SBR Wise Guy
- 02-09-12
- 919
#1Best Place to Sell BitcoinsTags: None -
OptionalAdministrator
- 06-10-10
- 61502
#2Airbitz/Glidera is another option.
Square Cash is a new one that is being mentioned. No experience with it yet though..Comment -
SBR DrewSBR Hall of Famer
- 01-08-18
- 7351
#3Any opinion on Xapo?Comment -
OptionalAdministrator
- 06-10-10
- 61502
#4Don't think Ive seen any posters mention it.
But just had a look at their FAQ and it sounds like an interesting option.
They actually get approved users to perform local bank transfers to process payouts, instead of having to deal with mass payments themselves.
Would like to know about exchange rate used, US licensing status and any other fees before deciding too much..Comment -
littlekonaSBR Hall of Famer
- 11-19-15
- 5242
#5You can also use local bitcoin....they are A+++ I use all the time. Plus if you sell you can make 5-15% on your BTC...They have cash bank deposit option that is what I use most of time....Or look for BTC ATM they are poping up everywhereComment -
themike78SBR MVP
- 07-01-13
- 4873
#6Localbitcoins is definitely the best. You can sell for way over the market price if you are patient. You have to be careful though. I've sold hundreds of times with paypal but recently got scammed by somebody who had over 100 trades. They disputed the transaction and paypal sided with them because I wasn't aware that selling bitcoins is not protected by paypal. I am out $200 because of it and now have to pay back paypal.Comment -
littlekonaSBR Hall of Famer
- 11-19-15
- 5242
#7Localbitcoins is definitely the best. You can sell for way over the market price if you are patient. You have to be careful though. I've sold hundreds of times with paypal but recently got scammed by somebody who had over 100 trades. They disputed the transaction and paypal sided with them because I wasn't aware that selling bitcoins is not protected by paypal. I am out $200 because of it and now have to pay back paypal.Comment
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