Selling bitcoins: Difference between revisions
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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: | 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. | * [[Britcoin]] Trade your BTCs for GBP on the exchange. | ||
* [[Bitcoin 2 Credit Card]] purchase virtual VISA prepaid cards with bitcoins | * [[Bitcoin 2 Credit Card]] purchase virtual VISA prepaid cards with bitcoins |
Revision as of 07:08, 4 May 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 | |
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:
- 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
- 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.