Selling bitcoins
There are various methods for selling bitcoins.
Warning: Please be careful with your money. When sending bitcoins to an exchange or other counterparty you are trusting that the counterparty will not abscond with your bitcoins and that the operator maintains secure systems that protect against theft -- internal or external. It is recommended that you obtain the real-world identity of the counterparty and ensure that sufficient recourse is available. Exchanging or storing significant funds with exchanges is not recommended.
Market Exchanges
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).
| Exchange | Adding Funds | Withdrawing Funds | eWallet | Notes |
| MtGox | BTC BTC (Redeemable code) USD (Dwolla) USD (International bank wire) USD (Wire to AurumXChange) AUD (Bank wire) GBP (Bank wire) USD (Redeemable code) Liberty Reserve USD (via AurumXChange) |
BTC BTC (Redeemable code) USD (Dwolla) USD (Wire via AurumXChange) AUD (Bank wire) USD (Redeemable code) Liberty Reserve USD (via AurumXChange) |
Yes | Restrictions and limits on withdrawals. |
| VirWoX | 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 transfer) |
BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF (PayPal) USD,EUR,GBP (Moneybookers) USD,EUR,GBP (NETELLER) EUR (SEPA bank transfer) |
Yes | Trading through Second Life Linden Dollars (highly liquid). Variable limits on PayPal and Credit Card deposits. |
| Intersango(Britcoin) | BTC GBP (bank deposit) USD (Dwolla) EUR (SEPA bank deposit) PLN (bank transfer) |
BTC GBP (bank deposit) USD (Dwolla) EUR (SEPA bank transfer) PLN (bank transfer) |
Yes | |
| BTC-E | BTC USD (Liberty Reserve) USD (Interkassa) |
BTC USD (Webmoney) |
Yes | Language: Russian. Interkassa can be funded from Webmoney and many other methods. |
| VirtEx | BTC CAD (cash deposit at Royal Bank and Bank of Montreal) CAD (Online bill payment) CAD (Wire transfer) |
BTC CAD (direct deposit) CAD (Canada Xpress Post Bank Draft send by mail) CAD Payza (formerly AlertPay) |
Yes | |
| Camp BX (CBX) | BTC USD (Dwolla) USD (Personal Check) USD (USPS Postal Money Order) USD (Bill Pay - Using your bank) |
BTC USD (Dwolla) USD (ACH Direct Deposit) USD (USPS Postal Money Order) USD (Domestic bank wire) USD (International bank wire) |
Yes |
|
| Bitfloor | BTC USD (Cash deposit at Chase) USD (bank wire transfer) USD (ING Person2Person) |
BTC USD (ACH, direct deposit) |
Yes | |
| Bitstamp | BTC BTC (Redeemable code) EUR (SEPA transfer) USD (Intl wire) USD (Redeemable code) CHF |
BTC BTC (Redeemable code) EUR (SEPA transfer) USD (Intl wire) USD (Redeemable code) CHF |
Yes | EUR and CHF deposits converted to/from USD for trading |
| CryptoXchange | BTC USD (Redeemable code from Mt. Gox) USD (Redeemable code from CryptoXChange) USD (BitInstant) USD (AurumXChange) AUD (Cash deposit at Westpack) NMC |
BTC USD (Redeemable code from Mt. Gox) USD (Redeemable code from CryptoXChange) USD (International bank wire) NMC |
Yes |
|
| Bitcoin-Central Market | BTC CAD (Interac) CAD (Bank wire) CAD (Cash deposit) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR PGAU Pecunix Gold |
BTC CAD (Interac) CAD (Bank wire) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR Pecunix Gold |
Yes | Open-source, community reviewed platform Available in French and English languages |
| HelloBitcoin | BTC USD (Cwolla) USD (Bank wire) USD (Check) |
BTC USD (Check) USD (Bank wire) USD (ACH) |
Yes | Offers margin trading and shorting. |
| Mercado Bitcoin | BTC BRL (Bank transfer) BRL (Bank transfer - MoIP) Liberty Reserve USD |
BTC BRL (Bank transfer - MoIP) |
Yes | Language: Portugese |
| Brasil Bitcoin Market | BTC BRL (Bank transfer - MoIP) |
BTC BRL (Bank transfer - MoIP) |
Yes | Language: Portugese |
| Rock Currency Exchange | BTC SLL (Second Life) USD (Dwolla) EUR (SEPA bank transfer) |
BTC SLL (Second Life) USD (Dwolla) EUR (SEPA bank transfer) |
Yes | |
| bitNZ | BTC NZD (Domestic bank transfer) |
BTC NZD (Domestic bank transfer) |
Yes | |
| Bitcoin-24 | BTC USD (MtGox redeemable code) EUR (MtGox redeemable code) USD (VouchX redeemable code) EUR (VouchX redeemable code) EUR (BTC24 redeemable code) USD (Credit card through LiqPay) EUR (Sofortuberweisung) |
BTC EUR (SEPA bank transfer) EUR (VouchX redeemable code) USD (VouchX redeemable code) EUR (BTC24 redeemable code) USD (BTC24 redeemable code USD (Moneybookers) |
Yes | |
| Kapiton.se | BTC SEK (Bankgiro Bank Transfer) |
BTC SEK (Bankgiro Bank Transfer) |
Yes | |
| BtcTree | BTC USD (BtcTree redeemable code) USD (AurumXChange VouchX redeemable code) USD (Liberty Reserve) CNY (AliPay) |
BTC USD (BtcTree redeemable code) USD (AurumXChange VouchX redeemable code) CNY (Alipay) |
Yes | |
| Vircurex | BTC EUR (Liberty Reserve) USD (Liberty Reserve) |
BTC EUR (Liberty Reserve) USD (Liberty Reserve) |
Yes | Trading in many other P2P/Crypto currencies possible |
| BitMe | BTC USD (AurumXchange's VouchX) |
BTC USD (AurumXchange's VouchX) |
Yes |
|
Fixed Rate Exchanges & Others
The following exchanges are either exchanges using a fixed rate based on other markets or are exchanges that enable you to redeem smaller amounts of bitcoins at reasonable rates:
- AutoMtGox Convert your bitcoins to US Dollars automatically.
- Bahtcoin Trade BTC for Thai Baht, cash, LR, Webmoney, or Thai mobile and gaming prepaid cards.
- BTC China - Market for exchanging bitcoins to and from CNY, withdraw CNY (Tencent, Alipay) and USD (Liberty Reserve).
- Bitcoil Exchange BTC for ILS with bank transfers in Israel
- Bitcoin Argentina Trades BTC for ARS. Cash and bank transfer. No exchange fees.
- Bitcoin Brasil Cash exchange that redeems bitcoins for BRL, USD.
- Bitcoin Market Trade your BTCs for MoneyBookers, Liberty Reserve or Pecunix.
- Bitcoin Nordic Sell bitcoins with withdrawal to PayPal or bank transfer.
- Bitcoinica Leveraged BTC/USD contract-for-difference (CFD) trading.
- Bitcoiny.cz Trade your BTCs for CZK. No-escrow, direct person-to-person trading.
- 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.
- Bitcoin.com.es Trade your BTCs for EUR (Bank transfer).
- bitcoin.de Trade your BTCs for EUR (bank wire, SEPA bank transfer, Liberty Reserve, Money Bookers), person to person, eWallet
- bitcoin.local arranges for exchanging currencies in person with someone nearby
- BitMarket.eu Trade your BTCs for EUR (SEPA bank transfer), GBP, USD, PLN, AUD, CAD, ZAR, ILS, CHF, and RUB as OTC with BTC Escrow.
- BitMarket.co Trade your BTCs for Colombian Peso (COP) as OTC with BTC Escrow.
- BitPiggy Trade your BTCs for AUD (Bank transfer).
- BTCinstant.com Trade bitcoins for Virtual Credit Card (VCC, and specifically Virtual Mastercard brand) sent through e-mail.
- BTC Buy Simple interface to trade your BTCs for Amazon, Barnes & Noble, NewEgg, ThinkGeek and Sears gift cards
- BTCPak EXCHANGE YOUR BITCOINS FOR MONEYPAK: SECURE, ANONYMOUS AND EASY!
- btcx.se / Btcx Sweden || 0% above 80 btc || SEK || Bank transfers to most Swedish banks within 4-12 hours.
- Canadian Bitcoins Buy/Sell Bitcoins in CAD and receive Cash, Cheque or Bank Transfer (TD Person Pay).
- Cartão BitCoin Convert your bitcoins to reload your debit card (offered to Brazilians, accepted at 10,000 locations in Brazil)
- Coinabul Trade your BTCs for Gold/Silver
- CoinCard buy gift cards and Amazon Payments with bitcoins
- FastCash4Bitcoins Sell your BTC and receive cash today. Payout to PayPal, Dwolla, ACH, Bank Wire, Company Check, Cashier's Check, Western Union, Moneygram, GreenDot MoneyPak and MoneyBookers (Skrill).
- GetBitcoin Trade your BTCs for USD (Cash in the mail, Check, Western union or Bank Wire).
- Lilion Transfer Exchanges bitcoins for Liberty Reserve, Pecunix, AlertPay, Moneybookers, PayPal, and more.
- Nanaimo Gold Redeem bitcoins for Liberty Reserve (automated) or for money transfer, money order or direct deposit within Canada.
- Quick Bitcoins Sell your bitcoins for Check, Money Order, Bank Wire, MoneyGram or Western Union.
- Spend Bitcoins Sell bitcoins with withdrawal to PayPal, bank transfer (AUD only), Amazon Payments, and other various methods.
- WM-Center Buy/Sell BTCs with withdrawal to International bank wire (USD, GBP, EUR/IBAN, RUB, AUD), Western Union, Moneygram, Liberty Reserve USD/EUR, Perfect Money USD/EUR, Pecunix, Paxum, c-gold, Hoopay, Anelik, Xoom, Skrill/Moneybookers, Neteller, cash, etc. 24/7/365 support in english, spanish and russian.
- LocalBitcoins.com Location-based bitcoin to cash exchange.
Goods and Services
One way of selling bitcoins is to use them as the payment method when making purchases.
See the Trade page for a fairly comprehensive list of goods and service that bitcoins will purchase.
See Also
- Digital currencies
- Buying bitcoins
- Secure Trading
- Local exchanges