Selling bitcoins: Difference between revisions
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==Large amounts== | ==Large amounts== | ||
For large amounts of bitcoin (USD 1000 or more), you probably would get the best rate if you withdraw funds via ACH or via [[Liberty Reserve]] into a major exchange. The following exchanges are currently available that offer withdrawals into the banking system. | For large amounts of bitcoin (USD 1000 or more), you probably would get the best rate if you withdraw funds via ACH or via [[Liberty Reserve]] into a major exchange. The following exchanges are currently available that offer withdrawals into the banking system. | ||
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* [[Bitcoin 2 Credit Card]] purchase virtual VISA prepaid cards with bitcoins | * [[Bitcoin 2 Credit Card]] purchase virtual VISA prepaid cards with bitcoins | ||
* [[Bitcoin Morpheus]] purchase reloadable debit cards with bitcoins | * [[Bitcoin Morpheus]] purchase reloadable debit 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. | |||
==See Also== | ==See Also== | ||
Revision as of 16:04, 23 March 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 or via Liberty Reserve into a major exchange. The following exchanges are currently available that offer withdrawals into the banking system.
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:
- CoinCard sell bitcoins and receive payment through PayPal or purchase virtual prepaid cards with bitcoins
- bitcoin.local arranges for exchanging currencies in person with someone nearby.
- Bitcoin 2 Credit Card purchase virtual VISA prepaid cards with bitcoins
- Bitcoin Morpheus purchase reloadable debit 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.