Selling bitcoins: Difference between revisions
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| [[MtGox]] || Market || BTC<br/>Liberty Reserve USD<br />USD (bank wire)<br />USD (ACH)<br />EUR (SEPA bank wire) || BTC<br />Liberty Reserve USD<br />USD (ACH Direct Deposit)<br />EUR (SEPA bank wire) || {{Table Value Yes}} || Restrictions and limits on withdrawals. | | [[MtGox]] || Market || BTC<br/>Liberty Reserve USD<br />USD (bank wire)<br />USD (ACH)<br />EUR (SEPA bank wire) || BTC<br />Liberty Reserve USD<br />USD (ACH Direct Deposit)<br />EUR (SEPA bank wire) || {{Table Value Yes}} || Restrictions and limits on withdrawals. | ||
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| [https://www.tradehill.com/?r=TH-R11532 Tradehill] || Market || BTC<br/>USD<br/> || BTC<br/>USD<br/> || {{Table Value Yes}} || Just opened, more payment methods to come. | |||
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| [[Britcoin]] || Market || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || {{Table Value Yes}} || | | [[Britcoin]] || Market || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || {{Table Value Yes}} || | ||
Revision as of 23:30, 9 June 2011
Large amounts
For large amounts of bitcoin (USD 1000 or more), you probably would get the best rate if you withdraw funds via ACH, EUR bank transfer, or via Liberty Reserve from a major exchange.
| Exchange | Type | Adding Funds | Withdrawing Funds | eWallet | Notes |
| MtGox | Market | BTC Liberty Reserve USD USD (bank wire) USD (ACH) EUR (SEPA bank wire) |
BTC Liberty Reserve USD USD (ACH Direct Deposit) EUR (SEPA bank wire) |
Yes | Restrictions and limits on withdrawals. |
| Tradehill | Market | BTC USD |
BTC USD |
Yes | Just opened, more payment methods to come. |
| Britcoin | Market | BTC GBP (bank deposit) PokerStars USD |
BTC GBP (bank deposit) PokerStars USD |
Yes | |
| Btcex | Market | BTC USD (international wire) EUR (bank transfer) JPY (bank transfer) RUS (RUB, Yandex, WebMoney) |
BTC USD (international wire) EUR (bank transfer) |
Yes | USD handled in Switzerland. EUR through Finland (SEPA) RUS (RUB, Yandex, WebMoney). |
| VirWoX | Market | BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF (PayPal) USD,EUR,GBP (Credit & Debit cards via Moneybookers) USD,EUR,GBP (NETELLER) EUR (DIRECTebanking / Sofortüberweisung) USD,EUR,GBP,CHF (paysafecard) EUR (SEPA bank wire) |
BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF (PayPal) USD,EUR,GBP (Moneybookers) USD,EUR,GBP (NETELLER) EUR (SEPA bank wire) |
Yes | Trading through Second Life Linden Dollars (highly liquid). See VirWoX article for instructions on how to buy and sell bitcoins. Variable limits on PayPal and Credit Card deposits. |
Small amounts
For smaller amounts conversion fees are usually too expensive. Thus other methods are usually a better choice. The following exchanges will enable you to redeem smaller amounts of bitcoins at reasonable rates:
- BitcoinExchange Services - Cash out your Bitcoins to PayPal, MoneyGram, Western Union, prepaid debit cards, Visa gift cards, or gift cards to ALL major businesses, retail shops, restaurants, hotels, etc.
- Britcoin Trade your BTCs for GBP on the exchange.
- Bitcoin 2 Credit Card purchase virtual VISA prepaid cards with bitcoins
- Bitcoin2Cash Redeems bitcoins with cash mailed to you
- Bitcoin 4 Cash Redeems bitcoins with cash mailed to you
- Nanaimo Gold Redeem bitcoins for Liberty Reserve (automated) or for money transfer, money order or direct deposit within Canada.
- Bitcoin Brasil Cash exchange that redeems bitcoins for BRL, USD.
- Bitcoin Morpheus purchase reloadable debit cards with bitcoins
- Bitcoin Market Trade your BTCs for PayPal, MoneyBookers, Liberty Reserve or Pecunix.
- BitMarket.eu Trade your BTCs for EUR, GBP and PLN (SEPA bank transfer).
- Bitcoin.com.es Trade your BTCs for EUR (Bank transfer).
- Bitcoil Trade your BTCs for ILS (Israeli New Shekel). Proceeds received through bank transfer.
- Bitomat Trade your BTCs for PLN on the exchange.
- bitcoin.local arranges for exchanging currencies in person with someone nearby
- CoinCard purchase virtual prepaid cards with bitcoins
- Bitcoin Cashout purchase virtual prepaid cards with bitcoins
- BTC Network Trade your BTCs for Vanilla VISA prepaid cards.
- bitcoin-otc IRC trading marketplace will usually have people willing to deal for small and larger amounts using various payment methods, including PayPal, Dwolla, Linden Dollars, etc.
- btcbuy Simple interface to trade your BTCs for Amazon or NewEgg gift cards