Selling bitcoins: Difference between revisions
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→Small amounts: Remove BTC Network since it is not yet offering any exchange services. |
→Large amounts: Fix description to reflect current methods. |
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==Large amounts== | ==Medium to Large amounts== | ||
The best rates for selling medium to large amounts of bitcoins generally when withdrawing from an exchange using a cash method such as a bank transfer (ACH, EUR/SEPA) or through [[Liberty Reserve]] even. | |||
{| class="wikitable" | {| class="wikitable" | ||
Revision as of 09:48, 11 June 2011
Medium to Large amounts
The best rates for selling medium to large amounts of bitcoins generally when withdrawing from an exchange using a cash method such as a bank transfer (ACH, EUR/SEPA) or through Liberty Reserve even.
| 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
- Bitcoin Cashout purchase virtual prepaid cards with bitcoins
- 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