Selling bitcoins

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Revision as of 20:06, 23 August 2012 by Sgornick (talk | contribs) (Fixed Rate Exchanges & Others: Remove incorrect cash-out description for ECurrencyZone.)
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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)
GBP (Cash deposit, Barclays)
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 Skrill/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 (Skrill/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)
USD (WebMoney - WMZ)
USD (BTC-e Redeemable Code, available via BitInstant and AurumXChange)
USD (International bank wire)
BTC
USD (Liberty Reserve)
USD (Webmoney - WMZ, WMR)
USD (Perfect Money)
USD (LiqPay)
USD (QIWI)
USD (BTC-e Redeemable Code)
Yes Language: English, Russian. Interkassa can be funded from Webmoney and many other methods.
BitInstant Can be funding option includes QIWI, Cyberplat.
VirtEx BTC
CAD (cash deposit at Royal Bank, Bank of Montreal or ScotiaBank)
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
  • Security certification from McAfee
  • Advanced trading options with AON/FOK/Market
  • STOPLOSS and Short-Selling in Pipeline
  • Trading API available
  • Wallet API available
  • CBX Instant Bitcoin Transfers Feature
  • Stoploss / Custom Order Expiry Date/Time
  • SMS (Text Message) Notifications
  • Two-Factor Authentication
  • Based in USA - Atlanta
Bitfloor BTC
USD (Cash deposit at Chase or Wells Fargo)
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
  • Buy Gold,Silver,Palladium and Casascius physical bitcoins plus other items in the store.
  • Affiliate program.
  • Mining Pool integration program.
  • Bitcoin, Namecoin and Litecoin
  • Multiple Authentication Levels
  • API
  • Free Yubikey's to High Volume Traders
  • An Australian Owned and Operated Registered Company.
  • Inquiries: contact@cryptoxchanger.com or Phone: +61280050602
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 (Skrill/Moneybookers)
Yes
Kapiton.se BTC
SEK (Bankgiro Bank Transfer)
BTC
SEK (Bankgiro Bank Transfer)
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 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
  • Bitcoins In Berlin Trade your BTC for cash-in-the-mail (EUR), in-person trande, Western Union, Moneygram, bank transfer or SEPA.
  • 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
  • ECurrencyZone Cash out bitcoins to INR, BDT, MYR, SGD via bank transfer or cash deposited to your bank account. Also to Western Union, Moneygram, Citibank global funds transfer, Paypal, Skrill/Moneybookers, Payza/AlertPay, OKPay. Convert to digital currencies Liberty Reserve, C-Gold, Perfect Money, WebMoney and EGOPay.
  • 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 Skrill/MoneyBookers.
  • GetBitcoin Trade your BTCs for USD (Cash in the mail, Check, Western union or Bank Wire).
  • Mang Sweeney Use bitcoins to send remittance payments to the Philippines, in-person cash out in metro Manilla. Languages: English, Pinoy.
  • Lilion Transfer Exchanges bitcoins for Liberty Reserve, Pecunix, AlertPay, Skrill/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 for AUD (Australia). Redeem for bank transfer, AustPost reloadable VISA, bill payment 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