Selling bitcoins
Revision as of 17:41, 9 April 2011 by Bitcoinusa (talk | contribs)
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 | |
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.