Selling bitcoins: Difference between revisions
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→Small amounts: Add BritCoin, BitMarket.eu, Bitcoin 4 Cash and Bitcoin Market. |
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* [[Bitcoin 4 Cash]] Redeems bitcoins with cash mailed to you | * [[Bitcoin 4 Cash]] Redeems bitcoins with cash mailed to you | ||
* [[Bitcoin Morpheus]] purchase reloadable debit cards with bitcoins | * [[Bitcoin Morpheus]] purchase reloadable debit cards with bitcoins | ||
* [Bitcoin Market]] Trade your BTCs for PayPal, MoneyBookers, Liberty Reserve or Pecunix. | * [[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). | * [[BitMarket.eu]] Trade your BTCs for EUR, GBP and PLN (SEPA bank transfer). | ||
* [[BitcoinUSD]] person to person trading marketplace, with escrow. | * [[BitcoinUSD]] person to person trading marketplace, with escrow. | ||
Revision as of 00:46, 7 April 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 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. |
| Britcoin | Market | BTC GBP (bank deposit) PokerStars USD |
BTC GBP (bank deposit) PokerStars USD |
Yes | |
| Bitcoin Central | Market | BTC Liberty Reserve USD Liberty Reserve EUR EUR (bank deposit) Pecunix |
BTC Liberty Reserve USD Liberty Reserve EUR |
Yes | |
| BitcoinUSA | Fixed Rate | BTC USD (ACH Debit) |
BTC USD (ACH Direct Deposit) |
Yes | Requires physical mailing address verification, photo ID. |
| 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). |
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
- 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
- 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).
- BitcoinUSD person to person trading marketplace, with escrow.
- bitcoin.local arranges for exchanging currencies in person with someone nearby
- 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.