1. 02-22-18 09:12 PM #1
    kj8210
    kj8210's Avatar Become A Pro!
    Join Date: 02-09-12
    Posts: 919
    Betpoints: 14103

    Best Place to Sell Bitcoins

    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!
    Reply With Quote Reply With Quote
  2. 02-23-18 01:26 AM #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,796
    Betpoints: 9194

    Airbitz/Glidera is another option.

    Square Cash is a new one that is being mentioned. No experience with it yet though.
    Reply With Quote Reply With Quote
  3. 02-23-18 11:22 AM #3
    SBR Drew
    SBR Drew's Avatar Become A Pro!
    Join Date: 01-08-18
    Posts: 7,351
    Betpoints: 265

    Any opinion on Xapo?
    Reply With Quote Reply With Quote
  4. 02-23-18 11:57 AM #4
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,796
    Betpoints: 9194

    Quote Originally Posted by SBR drew View Post
    Any opinion on Xapo?
    Don'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.
    Reply With Quote Reply With Quote
  5. 02-23-18 12:57 PM #5
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828

    You 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 everywhere
    Reply With Quote Reply With Quote
  6. 02-24-18 07:27 PM #6
    themike78
    themike78's Avatar Become A Pro!
    Join Date: 07-01-13
    Posts: 4,873
    Betpoints: 10636

    Localbitcoins 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.
    Reply With Quote Reply With Quote
  7. 02-24-18 08:20 PM #7
    littlekona
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 5,218
    Betpoints: 5828

    Quote Originally Posted by themike78 View Post
    Localbitcoins 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.
    Yea that really sucks....I always do cash deposits or Walmart wires and have done over 300 with never a issue....PayPal you have to be very careful with that’s why the rate is high
    Reply With Quote Reply With Quote
Top
« Previous Thread | Bitcoin Sports Betting | Next Thread »