Questions tagged [sell-bitcoins]

Relates to the selling of bitcoins in person or online

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42
votes
1answer
61k views

Cryptocurrency Arbitrage - What do I need to know?

I'm curious as how one would go about arbitraging crypto currencies - How does it work? what do I need to look out for? What are the risks and caveats?
27
votes
8answers
35k views

What is the cheapest Bitcoin -> prepaid VISA/Mastercard service? [closed]

I am looking for the cheapest Bitcoin to prepaid VISA/Mastercard service for the amount of $5000. I have noticed some with a maximum of $100, and inquired whether it would be possible to increase this ...
26
votes
6answers
61k views

What is the strategy behind a sell wall?

I understand the idea behind 'bid walls', but on Kraken, prices are being kept low through the use of 'sell walls'. The volume on this exchange is too low to have a chance of getting through these ...
16
votes
3answers
29k views

What is needed to make a bitcoin exchange?

What do I need to setup a bitcoin exchange website like: BTC China Mt Gox Bitstamp I have my own web development team and we can code pretty much anything so that is not a problem. I'm at a loss ...
12
votes
10answers
342k views

How can I sell bitcoins and transfer the funds to my bank account?

A friend of mine gave me two bitcoins which I now want to sell. I don't understand the process which would enable me send the funds generated to my bank account.
12
votes
8answers
66k views

What are the options available to convert Bitcoin to Paypal USD?

I have, recently, started earning some Bitcoins from CoinURL.com. I want to know all the options available for converting these earned Bitcoins to Paypal USD.
11
votes
2answers
6k views

How can hackers cash out stolen bitcoin?

I've read about a lot of Bitcoin Heists and Thefts: from hackers that stole bitcoin from Exchange (Due to their poor security measures) or from Bitcoin users, to scam websites and so forth. Some of ...
10
votes
1answer
3k views

Legal issues / banking issues selling Bitcoins to people OTC?

I'm wondering what the practical / legal limits are on selling Bitcoin as an individual using Craigslist and LocalBitcoins. Will I run into legal issues / frozen bank accounts as I scale this? Right ...
8
votes
2answers
2k views

How do I withdraw my bitcoins and spend them?

I run a small business online. I am interested in using Bitcoin to accept monies from my customers but to be honest the whole thing has me a bit confused. I am in the UK how would I be able to ...
8
votes
3answers
3k views

Which payment processors do not allow for chargeback?

I would like to receive a payment for selling my bitcoins. I don't trust the person much, so I will ask for money in advance. However, I'm not sure which payment processors could I use for such a ...
8
votes
2answers
6k views

Easiest way to convert bitcoins to usd [closed]

For someone in the USA what is the easiest way to convert bitcoins to usd while incurring minimal fees. I've heard of using mtgox with dwolla, or mtgox with internation wire transfer. But it strikes ...
7
votes
1answer
1k views

What laws apply to selling / buying bitcoins for USD in California?

Please help me identify any laws that would be potential blockers to selling and buying bitcoins in person.
6
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2answers
504 views

I need Fiat -> BTC merchant service

Hello bitcoin community. I'm running startup and we think how to accept payments. Our customers are far not geeks and they don't know what BTC is. However, I'd prefer to collect BTC on may wallet, ...
5
votes
1answer
3k views

How much does it effectively cost to purchase currency at an exchange?

If I buy crypto-currency at, for example, Kraken, how much does it effectively cost me to buy it and move it to another wallet or exchange?
5
votes
3answers
2k views

How can people in Indonesia use Bitcoins?

Dwolla does not accept me. So what's the alternative? How can I for example, withdraw money to rupiah or dollar account in US.
5
votes
1answer
8k views

What and where is the easiest way to convert bitcoin back to cash without showing ID?

so im thinking about purchasing a big bitcoin miner, but the question now is how do i convert my BTC back to cash? I don't feel safe giving out my info to mtgox or other exchanges as they require ...
5
votes
1answer
2k views

What is the difference between BTC/LTC & LTC/BTC markets?

I am little bit confused about markets, In cryptsy there is a market for LTC/BTC in which we can buy or sell LTC using BTC My questions are, Is both LTC/BTC & BTC/LTC are the same? I have tried ...
5
votes
3answers
181 views

How did anyone buy bitcoins before exchanges?

How did the first bitcoins get bought by anyone? I understand how miners got them, but what did they do with them?
4
votes
3answers
2k views

Can I sell my BTC and still claim my BCH?

I held a small amount of BTC back in August (had them since 2014) but now wish to sell them. Do I need to claim my BCH before selling my BTC or am I correct in thinking that the two completely ...
4
votes
1answer
7k views

How are Fees Charged at Kraken?

How are fees charged when I initiate a trade? Are they subtracted from my order's volume? Are the fees applied separately from my account's balance? Can I set the currency I want my fees to be ...
4
votes
3answers
43k views

How do I transfer bitcoins into a United Kingdom bank account?

Does anyone know the best way to change bitcoins into pounds (GBP), then do a bank transfer or paypal transfer? I've found some, but they take a week.
3
votes
4answers
5k views

I bought a bunch of 2009 Bitcoins the actual coin. How can i cash the coin in?

I bought several 2009 Bitcoins and they came in a nice case but that is all the info I have on them. How do I cash them in?
3
votes
2answers
2k views

Can I convert BTC to USD without a bank account?

Just asking. Say, I want to switch BTC to USD inside Steam Wallet. Is it possible?
3
votes
1answer
544 views

BTC Exchanges and Counterparty Risk

I'm doing research on the above topic, but so far haven't found any or at the most only limitedly valuable articles/data published in recent time (past 6 months). What I'm interested in is how users ...
3
votes
3answers
486 views

Bitcoin Exchanges and Anonymity

I'm new to Bitcoin and I have a few questions about Bitcoin Exchange and how the transactions work. To be more specific, the question is related about the level of anonymity of these transactions. 1) ...
3
votes
1answer
8k views

Does cancelling an order in BTC-E carry a fee?

I want to know when BTC-E charges it's 0.2% fee on a cancelled buy/sell order... When placed but 0% completed When placed but partially completed How much are you billed in each case?
3
votes
1answer
54 views

What is to stop people from pumping the volume of transactions via automated micropayments to a large group of addresses?

This depends on the way in which # transactions are measured.
3
votes
1answer
558 views

What regulations are in place for Bitcoin in California?

I'm looking for information on Bitcoin regulation for companies. Since Bitcoin is commodity, if you are a company and selling bitcoins you need to have license. What are the licenses and regulators ...
3
votes
1answer
161 views

Is it acceptable / encouraged to ask for ID and keep a photocopy for OTC Bitcoin transactions?

Suppose a business wants to get into the OTC Bitcoin business. It will need to comply with AML laws. It is acceptable / encouraged for such a business to ask for photo ID and keep a photocopy? Does ...
3
votes
1answer
8k views

Which Exchanges Allow Short Selling/Margin Trades with USD/BTC or USDT/BTC

I think Bitfinex did. But for example Poloniex has USDT & BTC but does not allow short selling with USDT.
3
votes
1answer
659 views

Can I transfer bitcoins generated in regtest mode to a friend?

I am running Bitcoin in regtest mode. Is it possible to send bitcoins generated in regtest mode to a friend ? (I only want to test it). Is it possible ?
3
votes
1answer
911 views

Good way to sell Bitcoins online?

I'm interested in selling Bitcoins online, probably through LocalBitcoins, but worried about getting scammed. Does anyone have techniques to share regarding what worked well for them to sell BTC ...
3
votes
1answer
113 views

What value stores can be exchanged for bitcoin purely pseudonymously?

What can I trade with bitcoin without having to give out private details like name and address? (Imagine I don't even have a name or address.) I'm looking for stores of value like gold or stocks. ...
3
votes
0answers
53k views

How can I withdraw my bitcoins from my blockchain wallet and convert them into cash? [duplicate]

I tried to withdraw from my blockchain wallet from blockchain, but I don't understand how to convert to cash and withdraw to the financial establishment available in my country.
3
votes
3answers
417 views

Using Bitcoin ATM's, how does selling work?

How do Bitcoin ATM's work? I have a wallet on my computer and wanted to know how would the bitcoins there be transferred to the ATM and exchanged for cash. Could somebody explain this process to me?
2
votes
2answers
2k views

What's the safest way to buy bitcoins in India? [closed]

I have came across multiple companies selling BTC, but I’m not sure which one to trust. How can I find a safe way to buy bitcoins in India?
2
votes
3answers
694 views

Avoiding currency conversion markup

For example, I want to travel from Country A to Country B. If i exchange money from Currency A to Currency B, i will have to pay conversion fees. Is it possible to convert my money from Currency A to ...
2
votes
4answers
456 views

How can I find out the current exchange rate of Bitcoin/USD?

What is the value of 1 bitcoin in USD, today? Where can the exchange rate be looked up?
2
votes
1answer
5k views

Selling BTC from BitMinter

I have started mining with BitMinter.com and am nearing a complete bitcoin. I have searched for hours for my account/wallet address so I can move bitcoins from BitMinter to an exchange. I can't seem ...
2
votes
2answers
4k views

Convert back from BTC into a local currency, efficiently

I receive rent income in the US. I'm using coinbase.com to convert from USD into BTC, with no problems. I will be traveling outside the US, so I would like to convert back from BTC into a local ...
2
votes
2answers
684 views

How to sell bitcoins for cash?

If I want to sell bitcoins, assuming I was successful in either buying them or selling a service or a product and accepting bitcoins instead of normal cash. How can I convert the bitcoins back to cash ...
2
votes
3answers
216 views

If I sent Bitcoins to family in Europe, would they be able to convert it to physical cash?

I am interested in buying bitcoins to easily and quickly send money to family in Bulgaria. Would they have to convert it to euros and only be able to make online purchases? Or is there some way they ...
2
votes
1answer
496 views

Partially filled orders on btc-e

I just started with btc-e however I seem to have a load of partially filled orders. What happens with these? Can I cancel them? and if so, how do I do that and what are the consequences? Some have a ...
2
votes
0answers
191 views

Is there a way to accept fiat currencies online without having a credit card and having the fiat automatically converted to Bitcoin?

Is there a way to accept fiat currencies online without having a credit card and having the fiat automatically converted to Bitcoin? I know services such as BitPay and so on let's you accept Bitcoin ...
2
votes
1answer
183 views

How can I sell my Bitcoin Gold? Do any exchanges support BTG deposits?

Given I have Bitcoin Gold in my own wallet, what practical ways are there to trade this, either to other crypto-currencies or to fiat? Is there a list of exchanges that support Bitcoin Gold deposits?
1
vote
2answers
3k views

How to build a Java trade bot

So my friend is interested in cryptocurrency and I decided to give him a hand, since he wants to start buying and selling coins for profit. I thought I could accomplish this, so I will point out my ...
1
vote
2answers
285 views

Selling btc but avoiding bank payment reversals

If you sell some btc using a no-kyc p2p exchange, how do you avoid bank transfer payment reversals? One of the best things about btc is that no one can reverse bitcoin transactions (unless some sort ...
1
vote
1answer
3k views

I have a casascius coin — how can I sell it? [duplicate]

I was given an actual casascius bitcoin minted in 2011 as a tip, and I'd like to know where I can exchange it for US dollars. How would I extract the private key from this coin to gain access to the ...
1
vote
2answers
6k views

How can I sell Bitcoin for GBP?

I'm a bit of a dunce and just not getting it - I was persuaded to buy a bitcoin a few years ago and would now like to sell the thing to do up my kitchen. I have a bitstamp account and a blockchain ...
1
vote
2answers
5k views

How do I convert Bitcoin to and from my local currency? [duplicate]

I want to maybe try my hand in Bitcoin but I don't know of many places around here that use it so converting it would be the best route for me. Any information would be extremely helpful. Thank you