Selling bitcoins

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 USD (Dwolla) USD (International bank wire) Liberty Reserve USD EUR (SEPA bank wire) AUD (Bank wire)	BTC USD (Dwolla) Liberty Reserve USD EUR (SEPA bank wire)	Yes	Restrictions and limits on withdrawals.
TradeHill	Market	USD (Domestic bank wire) USD (International bank wire) USD (Dwolla) CLP (Bank transfer) PEN (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD	USD (Direct Depostit / ACH) USD (Domestic bank wire) USD (International bank wire) USD (Dwolla) CLP (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD	Yes
ExchangeBitcoins.com	Market	BTC USD (Bank wire) USD (Dwolla) USD (Check)	BTC USD (Dwolla) USD (Check)	Yes
VirtEx	Market	BTC CAD (Interac) CAD (online bill pay) CAD (cash at TDBank)	BTC CAD (Interac) CAD (direct deposit) CAD (Prepaid VISA)	Yes
Britcoin	Market	BTC GBP (bank deposit)	BTC GBP (bank deposit)	Yes
Btcex	Market	BTC USD (Liberty Reserve)	BTC USD (Liberty Reserve)	Yes	Also trades NMC, namecoin currency.
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:

• Bitcoin Argentina — Trades BTC for ARS. Cash and bank transfer. No exchange fees.
• 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.
• MeuBitcoin Trade your BTCs for BRL (payment sent via MoIP - Money over IP).
• Bitcoin Morpheus purchase reloadable debit cards with bitcoins
• Bitcoin Market Trade your BTCs for MoneyBookers, Liberty Reserve or Pecunix.
• BitMarket.eu Trade your BTCs for EUR, GBP and PLN (SEPA bank transfer). OTC with Escrow.
• 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.
• BTC Buy Simple interface to trade your BTCs for Amazon, buy.com, NewEgg, and Walmart gift cards

See Also

• Digital currencies
• Buying bitcoins
• Secure Trading
• Comparison of exchanges