Selling bitcoins

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Revision as of 07:38, 10 December 2012 by Sgornick (talk | contribs) (Market Exchanges: Add P2P bank transfer methods for Camp BX.)
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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)
EUR (SEPA bank deposit)
PLN (bank transfer)
BTC
GBP (bank deposit)
EUR (SEPA bank transfer)
PLN (bank transfer)
Yes
BTC-E BTC
BTC (BTC-e redeemable code)
USD (Cash deposit at Post of Russia)
USD (Cash deposit at banks including Privatbank, Savings Bank of Russia (Sberbank), RU/UA Terminals, & more)
USD (Liberty Reserve)
USD (Interkassa)
USD (WebMoney - WMZ)
USD (Yandex)
USD (LiqPay)
USD (Perfect Money)
USD (QIWI)
USD (OKPay)
USD (RBK Money)
USD (Ditial currencies including НСМЭП (NSMEP), Единый Кошелек (Unified Purse), TeleMoney, & more)
USD (BTC-e Redeemable Code, available via BitInstant and AurumXChange)
USD (International bank wire)
EUR (SEPA bank transfer)
RUB (QIWI)
RUB (LiqPay)
RUB (WebMoney-WMR)
RUB (BTC-e Redeemable code)
RUB (Bank transfer)
BTC
BTC (BTC-e redeemble code)
USD (Liberty Reserve)
USD (Webmoney - WMZ)
USD (Perfect Money)
USD (LiqPay)
USD (QIWI)
USD (PayPal)
USD (OKPay)
USD (Payza/AlertPay)
USD (Privat, Privat UAH)
USD (Cash deposit into Savings Bank/Sberbank, Telebank, Alfa Bank)
USD (BTC-e Redeemable Code)
USD (International Wire Transfer)
EUR (SEPA bank transfer)
RUB (Cash delivery, possible in Moscow)
RUB (QIWI)
RUB (LiqPay)
RUB (WebMoney WMR)
RUB (Яндекс.Деньги Yandex)
RUB (RBK Money)
Cash deposit (into account at Сбербанка России!/Savings Bank/Sberbank, Телебанк (Telebank), and АльфаБанк (Alfa Bank)
RUB (Transfer to credit card VISA & MasterCard)
RUB (BTC-e Redeemable code)
RUB (Bank transfer)
Yes Language: English, Russian.
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 (P2P bank transfer at Chase, B of A, Wells Fargo and ING. Credited after three business days).
USD (Personal Check)
USD (USPS Postal money order, Canada Post money order)
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
Bitcoin-Central BTC
GBP (Bank transfer)
EUR (SEPA)
Liberty Reserve USD
Liberty Reserve EUR
International wire (any currency)
BTC
GBP (Bank transfer)
EUR (SEPA)
Liberty Reserve USD
Liberty Reserve EUR
Yes Open-source, community reviewed platform
Available in French and English languages
Mercado Bitcoin BTC
BRL (Bank transfer)
BRL (Bank transfer - MoIP)
Liberty Reserve USD
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 (Cash deposit at Westpac)
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 (Cash deposits at Chase)
USD (Wire Transfer - US)
USD (Wire Transfer - International)
USD (VouchX/AurumXchange redeemable code)
BTC
USD (VouchX/AurumXChanage redemable code)
USD (ACH / Direct Deposit)
USD (Wire Transfer - US)
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.
  • 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.
  • Bitcopia.com Sell bitcoins for (USD) CASH IN MAIL, check, money order, cash deposit, bank transfer, or dwolla. Buy bitcoins with cash deposit. Instant, live quotes based on Mt. Gox prices.
  • 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.
  • BlockChain.info Convert bitcoins to MoneyPak straight from your Blockchain wallet (serviced from BTCPak).
  • BTC Buy Simple interface to trade your BTCs for Amazon, Barnes & Noble, NewEgg, ThinkGeek and Sears gift cards
  • BTCJoe.com Trade bitcoins for Amazon gift codes and iTunes (USD).
  • 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, Bank Transfer (TD Person Pay) or Interac.
  • Cartão BitCoin Convert your bitcoins to reload your debit card (offered to Brazilians, accepted at 10,000 locations in Brazil)
  • Coin2Pal Sell your Bitcoins and receive PayPal funds immediately.
  • Coinabul Trade your BTCs for Gold/Silver
  • Coinbase Sell bitcoins with proceeds delivered as a bank transfer (U.S., as ACH/direct deposit). Instant verification available for new accounts.
  • 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. Over 100,000 BTC bought. Payments issued using your choice of PayPal, Dwolla, ACH (Direct Deposit), Bank Wire, Company Check, Cashier's Check, or MoneyPak.
  • Mang Sweeney Use bitcoins to send remittance payments to the Philippines, in-person cash out in metro Manilla or from various remittance centers. Languages: English, Filipino.
  • 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.
  • 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, 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