Get an ad-free experience with special benefits, and directly support Reddit. Bitcoin join leave 2,, readers 11, users here now Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. No referral links in submissions. No compilations of free Bitcoin sites.
Trades should usually not be advertised here. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted.
Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. Related communities Sorted roughly by decreasing popularity. Latest stable version: 0. Ad campaign: We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations.
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Okpay is an online cash payment system that allows users to create an okpay login account with ease for payment, send, receive, and withdraw cash all over the world and Buy all kinds of goods online. The okpay PayPal is one the best exchange platforms with the absolute exchange rate to transfer fiat or bitcoin from PayPal to okpay. According to Okpay reviews, the new currency payment platform Okpay bitcoin exchange is the best network for new crypto users. With an okpay account, you can easily send, receive, and store fiat cash and Crypto using the okpayment method.
The ok pay review from top users shows that okpay. The coinbase USD wallet to PayPal can be used to transfer Crypto cash to Paypal and it also provides information about bitcoin transaction limit and PayPal funds not yet available. Kraken tier 3 verification makes it simple for crypto users to do free transactions of bitcoin deposit and withdrawal. Bitcoins can not be collected directly from a bank account. You can either offer it to someone who then sends money to your account, or you could just trade it in an auction and remove the money out of your account.
The first option may be easier to build, but it's a littler harder. You can only cash out bitcoin to bank account by these ways. Some of the Bitcoin documentaries that captured my imagination. Not only will you learn about Cryptocurrency, but observing them will also clarify why it has been started as well as how the traditional financial system works. The bitcoin documentary is wonderful thing to know about the cryptocurrency. Different cryptocurrency holders are there who still don't know about how to exchange bitcoin for cash.
There is not any rocket science in this process. You can do this with selling the bitcoins on cryptocurrency exchange like coin base. You can also sell them to your friends and collect the cash directly from you friend, it is the most secure method. For adding new currencies to your to you okpay wallet you have to set the wallet properties where your balance will be shown in all the currencies you hold and you can also manage these currencies.
All the available funds are there for you which you can use payments and transfers etc. Author Profile Name : Willard Jones. Date of birth : June 21, Article post date : January 23, Last updated : 2 days before. Total Views : We do not need any type of fee. Get Highest Rates Without any fee High rates are provided by us without any fee of conversion, our service is highly trustworthy and profitable as well.
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Exchanging a small amount of virtual currency for tangible banknotes and coins is a recommended experience for new users. By exercising common sense and thoroughly educating yourself on the trade process, you should be fairly safe. A dex is a website or app that puts buyers and sellers in touch and then secures their trade.
There are several examples, not all of which facilitate cash trades. The commonality between those that support cash trades is that they feature a mobile app used to complete the trade in-person. To find a suitable buyer via a decentralized exchange, enter your location and preferred payment method; buyers will then be sorted accordingly.
If you live in a remote region, you may find it difficult to find suitable buyers. Cash is likely to be a popular payment method just about everywhere, as it offers superior financial privacy for buyers and sellers. You should also be more cautious when dealing with a new buyer without any reputation. Although there are over 4, such BTMs all around the world, most of them are for buying Bitcoins only.
Most BTMs are operational 24 hours a day, barring those inside locations which might close. Bank transfers are the most common way of selling Bitcoins. Pretty much anyone with a bank account can sell Bitcoins this way, either through a private deal, decentralized exchange, or centralized exchange.
This is most likely when using a centralized exchange, as their accounts are more likely to be flagged by a bank than the account of an individual. The best way to sell your coins for these methods is to use a dex or search for a centralized exchange which supports your preferred method; you may get lucky. In addition to those dex sites mentioned earlier which facilitate cash trades, there are further dexes which support these alternative payment services, and more.
You should first check the current price of Bitcoin on some popular exchanges or indexes. That will give you some idea of the international price. By using this method, your selling price will not be fixed but change in accordance with the live Bitcoin price, plus or minus your set percentage. Note however that your local fair price may be significantly higher than the US Dollar or Euro price on a certain exchange or index.
In some countries, Bitcoin is in short supply but high demand. If you see that people in your country are willing to pay above the international rate, you will shortchange yourself by charging them less. For this reason, cash buyers are often willing to pay a price premium.
If you have the time and inclination to do in-person trades, you could probably get a higher price for your coins this way. However, be aware of the extra risks of this method. For example, you will have to be on guard against counterfeit fiat and robbery attempts. By researching this topic, you can learn how to manage such risks.
Meeting in a secure location such as a bank lobby, police station, or courthouse , and taking along a counterfeit currency detector would be a good start. You can set your own price and wait for buyers to come to you.
Waiting for buyers to take your offer is an especially good practice on certain centralized exchanges. Many such exchanges charge higher fees for those taking an offer, and lower or even zero fees for those making offers. Speaking of fees, many exchanges also charge a flat withdrawal fee. Check what price other sellers are asking for and set your own accordingly.
Try to manage your finances to minimize time pressure. In a bull market, when prices are rising and excitement is high, it pays to be patient. If you have time, set a higher price and wait for buyers to come to you.
In a sideways market, determine the range which price cycles through and set your sell price towards the upper range if you have time to spare. However, we are constantly expanding our reach! In time, we hope to extend this feature to your country too.
Please have your bank details including IBAN at hand and your Bitcoin wallet ready for sending before initiating a sale. Our peer-to-peer trading transactions are totally free! Are you looking to trade cryptocurrency but are unsure about some things. Or you've just been hearing about this thing called Bitcoin and you want to learn more. We created a course just for you!
BuyCoins Learning provides you with free learning content to help you get started with Bitcoin and other cryptocurrencies. Unlike other coins that may change their value in relation to the Naira, NGNT will always have a value equal to the Naira. When you sell cryptocurrency to us, you get paid directly into your NGN Token account instantly. BuyCoins is available on all major devices. Buy cryptocurrency on your iPhone, iPad, Android phone, or Desktop computer.
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