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How To Sell Bitcoin

How To Sell Bitcoin

How to sell Bitcoin, guide for beginners. Bitcoin exchanges, direct trades, P2P trading, via ATM. Guide on how to sell Bitcoins with list of services Cashing out your Bitcoins is not as straightforward as buying them. If you decide to sell your Bitcoins online, you can either do it via an exchange, direct trade or carry out a peer-to-peer transaction. Outside of the comfort of your own home, you can withdraw flat money using a Bitcoin ATM or sell your Bitcoins in person. Despite having several disadvantages, exchanges are a one-stop solution when it comes to trading Bitcoins. In the case of selling the cryptocurrency, exchanges act as an intermediary that holds both sellers and buyers funds. First, you need to set up an account with an exchange of your choice. The absolute majority of reputable exchanges will require a complete identity verification and a connected bank account so that you can withdraw your funds. Then, you just simply place a sell offer, stating the type of currency you wish to trade, its amount and your asking price per unit. The exchange will automatically complete the transaction once someone matches your offer. After the funds are credited to your account, you will need to withdraw them to your connected bank account. This can sometimes take an excessive amount of time, especially if the exchange is experiencing issues with its banks or facing liquidity problems. Several months before its bankruptcy, the Mt. Gox exchange was experiencing this exact problem. Moreover, some banks just outright refuse to process transactions with funds obtained via cryptocurrency trading. It is also important to consider a fee youll need to pay in order to use some exchanges. For example, one of the worlds biggest cryptocurrency exchanges CEX.io charges a flat fee of Continue reading >>

Openbazaar: Online Marketplace | Peer-to-peer Ecommerce

Openbazaar: Online Marketplace | Peer-to-peer Ecommerce

OpenBazaar is a different way to do online commerce. Its a peer to peer application that doesnt require middlemen, which means no fees & no restrictions. OpenBazaar connects people directly via a peer to peer network. Data is distributed across the network instead of storing it in a central database. OpenBazaar isnt a company nor an organization; its free open source software . It was built to provide everyone with the ability to buy and sell freely Nobody has control over OpenBazaar. Each user contributes to the network equally and is in control of their own store and private data Is Bitcoin the only supported payment method? Pay with 50+ cryptocurrencies on OpenBazaar: Bitcoin , Ethereum , Litecoin , Zcash , Dash , etc. Seller receives payment in Bitcoin Enjoying the @OpenBazaar beta, trying out a simple store for digital goods. This is going to be big From a sellers point of view, I only had easy, swift transactions so nothing but thumbs up there! OpenBazaar has done the job of providing a fee-free trading platform thats allowed my shop to be discovered as well as to complete many transactions successfully! Were proud to be part of this pioneering effort! The community has been great, the developers have been gracious and weve been having a blast using the chat feature. Give it a try! OpenBazaar costs nothing to download and use. There are no fees to list items, and no fees when an item is sold. Its completely free e-commerce. Continue reading >>

I Visit Libraries To Sell Bitcoins To Random People From The Internet

I Visit Libraries To Sell Bitcoins To Random People From The Internet

I Visit Libraries to Sell Bitcoins to Random People from the Internet Counting out bags of cash amid the stacks really makes you appreciate things. I'd been interested in Bitcoin since I first heard of it in early 2013. I even bought a few then, but I never had much chance to use it or interact with the community until I started selling it to people I met online. Setting up your laptop in various public libraries on both sides of the Atlantic and counting out bags of cash with Bitcoin buyers really makes you appreciate things. It started innocently enough with the need to transfer money. All my money was in a US bank that I couldn't access in England, but that same bank was connected to Coinbase, a service only available in the US that allowed me to buy Bitcoin at market price. I then sold them via localbitcoins.com , which is like a Craigslist for the digital currencyyou post an ad with a price and anyone interested responds. It's most well known for facilitating face to face transactions, a rarity in the Bitcoin world. After that first trade, I realized the price was 5-10 percent higher in pounds sterling. The reason for this is likely because the UK bitcoin infrastructure is comparatively underdeveloped. There are few exchanges or services such as Coinbase that operate within the nation, and thus buying Bitcoin is comparatively difficult. Once I realized I could buy in the US, where it was easier, and sell in the UK, I promptly repeated the cycle with the rest of my dollars. After selling all the bitcoins I bought, I sent the money back to the US via Transferwise to start the cycle over again. I sold the bitcoins at a markup of 8-10 percent, but people kept buying and each time my small pile of money grew slightly larger. Initially, I accepted deposits directly into Continue reading >>

How To Sell Stuff For Bitcoin

How To Sell Stuff For Bitcoin

You are at: Home How To Sell Stuff For Bitcoin Got some personal items you want to get rid of? Want to make some quick bitcoins? Then youve found the right guide to doing just that, partner! Selling your stuff online for bitcoins is just like selling your stuff for cash/Paypal/etc. on Craigslist or Ebay. You post an advertisement on a website describing the item(s) youre trying to sell, and potential buyers contact you or place bids. If the items youre selling are downloadable or small enough to be shipped, you never have to reveal your identity or meet the buyer in person. If youre selling a larger item (car, real estate, etc.), youll probably have to schedule an appointment to meet the buyer and finalize the deal. Should the buyer send the bitcoins first? Or should the seller ship the item first? As a seller, you get to make your own terms about the sale. You can require that the buyer send the bitcoins first. However, I would not recommend doing this unless you have an established reputation as an honest seller. If youre an unknown seller, you wont get any interested buyers. Bitcoin transactions are irreversible, so there isnt any buyer protection available against sellers who dont deliver the goods. Building Your Reputation as a Bitcoin Seller To help build your reputation, stick to advertising on websites that have a built-in feedback system. Do a few deals with already established buyers. You might do a few initial sales where you offer to send the items first, and allow buyers to send the bitcoins once theyve received the items. If youre going to ship your goods first, its best to require that the buyer has an established reputation to reduce your chances of loss. Theres always a chance that the buyer may never send the bitcoins after receiving the goods. The be Continue reading >>

Craigslist Adds Box For Sellers To Show They Accept Cryptocurrencies - Business Insider

Craigslist Adds Box For Sellers To Show They Accept Cryptocurrencies - Business Insider

A vertical stack of three evenly spaced horizontal lines. * Copyright 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Craigslist just added a new button where sellers can indicate that they'll take cryptocurrencies as payment. The notoriously minimalist site won't process the payments. Buyers and sellers still have to exchange payment for goods at the point of sale. Cryptocurrencies are widely believed to be a good way to exchange money in cases where you don't know or trust the person who's buying from you, since it is guaranteed payment unlike a check, which can bounce. Craigslist is making it easier than ever for customers to accept cryptocurrency when selling used goods on the online marketplace. The notoriously minimalist website added a new button which lets sellers indicate if they accept cryptocurrencies such as bitcoin and ether in exchange for the thing they're trying to sell. Craigslist displays the new check box, first noticed by a Reddit user on Thursday, when sellers are creating a new listing. The box is in the "posting details" section of the listing form, near other standard fields such as "contact information." Craigslist doesn't offer an on site payment option. Encouraging sellers to use cryptocurrencies could resolve a key concern they often face finding a method of payment they can trust. Checks can bounce, for example. And while cash is often the currency of choice on Craigslist for purchases of smaller items, it can be unwieldy or impractical for higher value items such as cars or televisions. It's this exact issue the issue of trust which makes bitcoin and other blockchain-based technologies useful. Bitcoin and other cryptocurrencies allow for the direct, nearly instantaneous, and Continue reading >>

Bitcoin Marketplace: Buy And Sell For Bitcoin

Bitcoin Marketplace: Buy And Sell For Bitcoin

Always search the Universal Scammer List (USL) for username and the subreddit for scammer + username before you transact with a user. Ask users for rep of confirmed transactions of the type here. Click the username of the rep and user to confirm their profiles match. Be wary of users with no rep of the type here, who are new/recently new, aren't active/regularly active or are active after being dormant, have karma but no activity or activity not equal to karma. Every poster requires a minimum of 30+ days on Reddit and 30+ comment karma in order to list anything on this subreddit. Please flair your post COMPLETED or edit it to indicate so, once you have bought or sold or no longer need to. Place [WTB] at the beginning of your title if you want to buy. Place [WTS] at the beginning of your title if you want to sell. Place [META] at the beginning of your title if you want to discuss an aspect of /r/BitMarket publicly. Place [SCAMMER] at the beginning of your title if you want to report a scammer. Please include proof but don't post any personally identifiable information. If your post doesn't start with either [WTB], [WTS], [META], or [SCAMMER], it will be automatically removed. All users of the BitMarket subreddit are expected to read and follow the Official Reddit Rules as well as the informal Reddiquette guidelines . Likewise, all moderators of this subreddit do follow the Modiquette . Anyone can edit that wiki page to add more services. Please do not remove any services, just voice your complaints on the page if you think they should be removed. Make your posts from your original reddit account, not some 1 hour old throwaway account. Continue reading >>

Coinjar - The Simplest Way To Buy, Sell And Spend Bitcoin.

Coinjar - The Simplest Way To Buy, Sell And Spend Bitcoin.

CoinJar is a next-gen personal finance account. Move seamlessly between currencies and pay anyone globally, using the world's fastest payment network. Pay anyone and trade bitcoin with CoinJar Touch for Android or iOS. Access your money wherever you go with ease. Manage your digital and fiat currencies all in one place. You can hold bitcoins without volatility using Hedged Accounts. Hedge your bitcoin against major currencies for the peace of mind that you won't be affected by bitcoin price fluctuations. Use CoinJar as a bitcoin wallet for your everyday spend. All bitcoin transaction fees are on us. Deposit and withdraw, spend and send with no fees. Link bank accounts and cards around the world and move your money instantly for free. Your CoinJar is a powerful tool for managing money. You can spend, send and trade easily using bitcoins, pounds and dollars. Pay anyone in the world in under 6 seconds, for $0. Pay anyone with CoinJar Touch over the bitcoin network, anywhere in the world. Use the CoinJar Swipe Debit Card for purchases and withdrawals in supported countries. Link your local card and bank account for global access to your money through the Bitcoin network. Send money to 196 countries, in 6 minutes, for $0. Use CoinJar to send money anywhere instantly via bitcoin address or CoinJar username. Get peace of mind that you will avoid currency fluctuations by hedging against GBP, USD, EUR and AUD. Transparent fees mean you know how much you are sending, how much they will receive on the other end. Buy and sell in seconds, with a flat 1% fee. Make quick trades on the CoinJar platform with transparent fees and in-house support. Hedge against GBP, EUR, USD and AUD to protect your bitcoin from price volatility. Deposit to your account using BPAY. Withdraw to Australian Continue reading >>

Glyde: Simply Buy And Sell Your Games, Ipads, Iphones And More

Glyde: Simply Buy And Sell Your Games, Ipads, Iphones And More

When your sale completes, you'll have the option to withdraw your proceeds in bitcoins or dollars. Bitcoin is a digital currency. It can be used as payment for goods and services or exchanged for othercurrencies, like dollars. Learn more at Bitcoin.org . Lots of people are interested in bitcoins (see the benefits below), but until now, there hasn't been aneasy way to get them. "Mining" them is a laborious process that takes technical expertise. Purchasingthem is a hassle and an out-of-pocket expense. Glyde is the first service to make it truly easy to earn bitcoins. Just take a phone or game or iPod youdon't use anymore, sell it on Glyde, and withdraw your proceeds in bitcoins. There's no out-of-pocketcost or technical experience required. After you complete a sale on Glyde, you'll have the option to get paid in bitcoins or dollars. To chooseBitcoin, just enter your Bitcoin address when you withdraw .If you don't have a Bitcoin address yet, sign up at Coinbase , Blockchain , or explore more wallet options here . As a purely digital currency, bitcoins have several features that suit Glyde's online marketplace. Here area few benefits we think you'll enjoy. Who doesn't like getting paid quickly? Bitcoin transfers typically take 1-2 business days on Glyde. Banks can take up to 5. Continue reading >>

Now Is The Time To Sell Unwanted Gifts For Bitcoin

Now Is The Time To Sell Unwanted Gifts For Bitcoin

Got Unwanted Gifts? Heres How to Exchange Them for Bitcoin Now that the holidays are behind us, the time of year has come during which people will be looking to exchange their unwanted gifts in favor of something they can use. Most people flock to traditional options such as auction sites to sell the things they dont need or want. However, this presents an excellent opportunity for more people to get their hands on Bitcoin, if they take the necessary precautions. Also read: Magspoof: Insecure Plastic Cards Show Why the World Needs Bitcoin Buying presents for someone else is never an easy task, especially not in this day and age where people can buy anything they want from online shops around the world. Even if you have an idea as to what might be useful for the person, you are buying the gift for, someone else may have bought them identically the same gift. For people looking to scoop up some cheaper gadgets, electronics, or even clothing, this time of year presents interesting opportunities. Many people are flocking to auction sites such as eBay to convert unwanted gifts into cold hard cash. PayPal remains the more favorable payment method for the time being, as transfers are instant. At the same time, payment options like PayPal limit the potential of selling unwanted gifts. Due to this service not being available to consumers all over the world, most people will be selling their unwanted gifts locally. Sometimes, this process can take anywhere from a few days to a few weeks. This situation can be quite stressful for those users looking to make a quick buck, either to buy something they do want or to pay off some debt or other bills. If the selling procedure takes too long, prices for the item will have to be lowered in an attempt to attract potential buyers. For tho Continue reading >>

Can You Buy Anything Real With Bitcoin? On The Streets Of Bristol, It Proves A Hard Sell

Can You Buy Anything Real With Bitcoin? On The Streets Of Bristol, It Proves A Hard Sell

Can you buy anything real with Bitcoin? On the streets of Bristol, it proves a hard sell The digital currency can now be bought at ATMs around the country A customer buys 20 worth of Bitcoin at one of the new ATMs.Photograph: Alamy Stock Photo Can you buy anything real with Bitcoin? On the streets of Bristol, it proves a hard sell The digital currency can now be bought at ATMs around the country Last modified on Friday 1 December 2017 22.01EST My journey into the dark economy starts much as expected: in front of a computer screen, late at night. It ends somewhere quite unexpected, in a humdrum setting a world away from the stereotype of modernity, equality and sticking it to the man promised by digital currencies such as Bitcoin: it ends in a used DVD store, my purchase refused. The dark economy is moving into the light. In a few scattered places, 40 or so in London, one in Manchester, another in Birmingham, Bitcoin ATM machines have appeared, issuing the cryptocurrency from an unlikely array of convenience stores, vaping outlets and barbershops. Does this mean that the virtual has become real? Can anyone join the Bitcoin challenge? Can you buy stuff with Bitcoin ? And what the heck is a cryptocurrency anyway? I find the future of digital trading in the scuzzy hipster oasis of Stokes Croft in Bristol. Standing forlorn among the artisan bakers and cocktail bars is the Best Supermarket. A mainstay of local life, it dispenses all the essentials that an artisan bakery cannot provide. Amid the sweets and quarter bottles of spirits is the Satoshi Point, one of several Bitcoin ATMs run by the company that takes its name from the mythical founder of the online currency, Satoshi Nakamoto . Its crazy, people come in here all the time, says Majid Khan from his vantage point behin Continue reading >>

Uk Entrepreneurs Sell 50 Apartments In Dubai For Bitcoin

Uk Entrepreneurs Sell 50 Apartments In Dubai For Bitcoin

UK Entrepreneurs Sell 50 Apartments in Dubai for Bitcoin At this point, its fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada , for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia , travelers will soon be able to purchase items using Bitcoin in the Brisbane Airport. Now, weve been informed that luxury flats in Dubai can be purchased with the virtual currency. In fact, there have already been 50 flats sold in Dubai for Bitcoin. Business Insider published a report yesterday which stated that two UK entrepreneurs have sold 50 luxury flats in Dubai for Bitcoin. This is significant news as it suggests the cryptocurrency industry, at least in Dubai, might be making a move into real estate. The world was informed in September of last year that the two entrepreneurs, Michelle Mone and Douglas Barrowman, had launched a $325 million luxury development in Dubai. It is forecasted to be finished in two years. After announcing the launch of the Aston Plaza and Residences, Mone and Barrowman promised that they will be offering 150 apartments that can be purchased using bitcoin. For perspective, the entrepreneurs will be offering 150 apartments out of the 1,3000 for bitcoin. Offering luxury apartments in Dubai for bitcoin is definitely a first, but it appears investors are on board with it. According to the February Business Insider report, 50 out of the 150 apartments offered have been sold. In fact, Mone told the publication that there were a couple buyers who purchased two apartments. To top it off, Mone, who is the founder of lingerie brand Ultimo, stated that there was one buyer who bought as many as Continue reading >>

How To Buy Bitcoin: A Step-by-step Guide - Business Insider

How To Buy Bitcoin: A Step-by-step Guide - Business Insider

Bitcoin hit a record high of $16,623 per coin on Thursday, December 7. Two years ago, the idea of buying the virtual currency even at that price was laughable. After a rapid rise in value in 2013, the cryptocurrency's value more than halved by mid-2015. At its lowest point, one bitcoin was equal to about $230. Given the currency's covert nature, the average person still may not understand how buying and selling actually works. Using the app Coinbase , which lets anyone trade bitcoins for a small fee, we decided to find out. A brief warning: If you're going to do this, tell your bank you're about to buy bitcoin. More on that later. And to read more about blockchain, the technology powering bitcoin, click here . This is what the Coinbase app looks like on an iPhone. When you first open the app, you're presented with the latest price of bitcoin and its change within a certain period. You can see in the chart below how wild the latest moves have been. (We bought the bitcoin in January 2017.) I happen to be one of the many who have never traded bitcoin before. There's a certain level of wariness in buying into the cryptocurrency world. However, Coinbase's interface makes it simple to enter the basic personal information it needs to create your account. User-friendliness quickly hit a snag. When I put in my address, the app didn't recognize I had already selected it from the autofill menu. I couldn't proceed unless I switched to the desktop app. So switch I did. From the desktop portal I could easily enter more identifying info. The final step before entering my financial information was two-step verification for security, which Coinbase quickly sent to my phone. I decided to give the app another try and opted to use my debit card to buy the bitcoin. Entering all my informat Continue reading >>

How To Buy And Sell Bitcoin On An Iphone

How To Buy And Sell Bitcoin On An Iphone

Wondering how easy it is to buy and sell bitcoin? You can do so using your iPhone, but it isn't easy, and you might not want to. Wondering what all the fuss is about bitcoins and whether you could be making some money if you were to buy some? We will explain what you need to know about bitcoins before you attempt to get your hands on some - and the various ways in which you can buy bitcoins, earn bitcoins, or make your own bitcoins, and how you can sell them in an attempt to make a profit. Some people will tell you that bitcoins - which are a type of cryptocurrency (a digital currency, of which there are a number of examples, but bitcoin is probably the best known) - are the future and that eventually they will be a world currency. Others will point out that the people benefiting most from bitcoins right now are criminals. As for ordinary people, bitcoins offer a way to pay for a few things such as hotels on Expedia, buy Dell hardware and Microsoft software, and Paypal customers can spend Bitcoins. But thats about it. Right now the only reason people are investing in bitcoins is because it is seen as a way to make money. The value of Bitcoins has soared over the past few months. Right now (8 December 2017), one bitcoin is equal to 11,410.56 or US$15,327.70. Less than a week earlier one coin was worth $12,000. Its gone up 1,300% in 2017. Back in 2009 when Bitcoin first appeared, $27 might have bought you 5,000 Bitcoins. If youd have bought back then youd be sitting on a nice little nest egg. But even if you had bought bitcoin more recently you could have seen a nice little boost to your investment. Over the past few month (even over the past week) the value of bitcoin has rocketed, from $5,716 on 12 November 2017 to $16,502 on 7 December. Just how high will it go! Billi Continue reading >>

How To Sell Bitcoin - A Guide To Selling Bitcoin Online Or In Person

How To Sell Bitcoin - A Guide To Selling Bitcoin Online Or In Person

Selling bitcoin isn't quite as straightforward as buying bitcoin, but fortunately CoinDesk is here to help. This guide will give you all the information you need to cash out your digital currency. When deciding how to sell your bitcoin, you first need to consider which method best suits your situation: sellingbitcoinonlineorselling bitcoinin person. Each option has its own advantages and disadvantages. Selling bitcoin online is by far the more common way of trading your bitcoin. There are now threeways to go about selling bitcoin online. 1. The first way involves a direct trade with another person, an intermediary facilitating the connection. 2. The second way is through an online exchange, where your trade is with the exchange rather than another individual. 3. New peer-to-peer tradingmarketplacesthat allow bitcoin owners to obtain discounted goods with their bitcoin via others that want to obtain the cryptocurrency withcredit/debit cards. The two groups are brought together to solve both problems in a kind of peer-to-peer exchange. 1. Direct trades:Websites that offer this type of selling structure include Coinbase and LocalBitcoins in the US, and BitBargain UK and Bittylicious in the UK . On these sites, you will usually have to register as a seller. This involves verifying your identity, which we will discuss again later. Once you have registered, you can post an offer, signalling that you want to sell, and the website will alert you when a buyer wants to trade with you. From there, your interaction is solely with the buyer, but you use the website to complete your trade. The process of selling on Bitbargain UK and (more so) Bittylicious can be quite involved and requires some patience. However, support at the former site has been great in our experience. Bitcoin u Continue reading >>

Economy - Where Can I Sell Things For Bitcoins? - Bitcoin Stack Exchange

Economy - Where Can I Sell Things For Bitcoins? - Bitcoin Stack Exchange

I have old items that I want to sell for bitcoins. This includes digital content and physical objects. Maybe also try Craigslist. Your ad will be seen by many more people then on bitcoin sites. Of course, most of those will have no idea what bitcoin is. But that way you'll be promoting Bitcoin among the general public. ;-) Thilo Oct 28 '11 at 11:45 sell-deigital.okitoo.net ... bitcoin or paypal . 0% comission !!! Ronan Dejhero Mar 2 '14 at 17:46 You can find an extensive list on page Trade at Bitcoin Wiki . A short list of some auction sites that use Bitcoins: If you want to sell digital files per download, go here: . And as with anything, you can just post on an online classified ad websites, such as craigslist (thanks Thilo for the suggestion). Bidnapper is not a site to sell things for Bitcoin. Its just a Sniping service for eBay and many other auction sites. I can't even find on their site that they accept Bitcoin, just says Paypal and credit card. miernik Nov 27 '11 at 6:27 @miernik Edited accordingly ThePiachu Nov 27 '11 at 10:49 Interesting that 18 months later none of the three sites you list operates any more. Lus de Sousa Feb 14 '14 at 13:30 Continue reading >>

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