Selling bitcoins

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Revision as of 18:56, 2 July 2011 by Sgornick (talk | contribs) (Major Exchanges: Minor formatting.)
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Major 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 Type Adding Funds Withdrawing Funds eWallet Notes
MtGox Market BTC
USD (Dwolla)
USD (International bank wire)
EUR (SEPA bank wire)
AUD (Bank wire)
Liberty Reserve USD
BTC
USD (Dwolla)
EUR (SEPA bank wire)
Liberty Reserve USD
Yes Restrictions and limits on withdrawals.
TradeHill Market BTC
USD (Dwolla)
USD (Domestic bank wire)
USD (International bank wire)
CLP (Bank transfer)
PEN (Bank transfer)
INR (Bank transfer)
AUD (Bank transfer)
Liberty Reserve USD
BTC
USD (Dwolla)
USD (Domestic bank wire)
USD (International bank wire)
USD (Direct deposit / ACH)
CLP (Bank transfer)
INR (Bank transfer)
AUD (Bank transfer)
Liberty Reserve USD
Yes
Bitomat Market BTC
PLN (Bank transfer)
BTC
PLN (Bank transfer)
Yes
Britcoin Market BTC
GBP (bank deposit)
BTC
GBP (bank deposit)
Yes
ExchangeBitcoins.com Market BTC
USD (Dwolla)
USD (Bank wire)
USD (Check)
BTC
USD (Dwolla)
USD (Check)
Yes
Bitcoin7 Market BTC
EUR (Bank transfer)
USD (Dwolla)
USD (MtGox)
USD (Bank wire)Liberty Reserve USD
Liberty Reserve EUR
CashU
PaySafeCard
BTC
EUR (Bank transfer)
USD (Dwolla)
USD (Mt. Gox)
USD (Bank transfer)
Liberty Reserve USD
CashU
Yes USD wire to Citibank. EUR transfer to FiBank or EBank.
VirtEx Market BTC
CAD (Interac)
CAD (online bill pay)
CAD (cash at TDBank)
BTC
CAD (Interac)
CAD (direct deposit)
CAD (Prepaid VISA)
Yes BETA (i.e., no new accounts / no adding funds)
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.

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:

  • 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.
  • 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.
  • 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