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Main => General Discussion => Topic started by: NineLives on March 25, 2015, 12:22:32 pm

Title: Selling BTS
Post by: NineLives on March 25, 2015, 12:22:32 pm: Hi Guys,

I want to trande in some of my BTS for fiat. Whats the best way to do this? Bter to Bitcoin then exchange?

Thanks
Title: Re: Selling BTS
Post by: fav on March 25, 2015, 12:50:18 pm: I'd go with metaexchange.info BTC > Exchange > FIAT just to support our own gateways. your way is probably faster
Title: Re: Selling BTS
Post by: NineLives on March 25, 2015, 12:57:26 pm: BTC is poor to exchange in the UK. The rates cause me to loose loads :(
Title: Re: Selling BTS
Post by: btswildpig on March 25, 2015, 01:02:56 pm: Quote from: NineLives on March 25, 2015, 12:57:26 pm
BTC is poor to exchange in the UK. The rates cause me to loose loads :(

How much % would you lose for Bitcoin in UK ?
Title: Re: Selling BTS
Post by: NineLives on March 25, 2015, 01:04:49 pm: Currently 1 BTC = 166GBP (247USD)

Is this the norm right now? (Piss poor).
Title: Re: Selling BTS
Post by: btswildpig on March 25, 2015, 01:28:58 pm: Quote from: NineLives on March 25, 2015, 01:04:49 pm
Currently 1 BTC = 166GBP (247USD)

Is this the norm right now? (Piss poor).

normal to a fault ...exactly just like BTC-E and OKcoin 's 247 USD .... normal price .
Title: Re: Selling BTS
Post by: mdj on March 25, 2015, 07:56:16 pm: If you need fiat I'd use a gateway to get btc then sell it on local bitcoins or something. Otherwise if you are just reducing your BTS exposure then get some bitusd
Title: Re: Selling BTS
Post by: Ander on March 25, 2015, 09:13:38 pm: Hold your BTS unless youre desperate for cash imo.

If youre desperate, the best place to trade for fiat is at btc38, but you would get CNY, not USD. If you want USD, youre going to have to go to bter, sell for btc, go to Bitfinex or whatever, sell for USD.
Title: Re: Selling BTS
Post by: TurkeyLeg on March 26, 2015, 01:26:10 am: Quote from: NineLives on March 25, 2015, 12:22:32 pm
Hi Guys,

I want to trande in some of my BTS for fiat. Whats the best way to do this? Bter to Bitcoin then exchange?

Thanks

BITUSD FOR CHRIST'S SAKE!

Sent from my iPhone using Tapatalk
Title: Re: Selling BTS
Post by: Laserbox on March 26, 2015, 06:48:24 am: Quote from: NineLives on March 25, 2015, 12:57:26 pm
BTC is poor to exchange in the UK. The rates cause me to loose loads :(

Hey, I use Coinfloor.com in the UK. You need to scan docs (proof of address and identity) to get gbp into your bank acc, the fee is a flat £10. Not much action on there but if you want to withdraw and don't mind their affiliation with the inland revenue they seem pretty safe. Think it takes 3-5 days
Title: Re: Selling BTS
Post by: dannotestein on March 26, 2015, 09:19:22 pm: Quote from: NineLives on March 25, 2015, 12:22:32 pm
Hi Guys,

I want to trande in some of my BTS for fiat. Whats the best way to do this? Bter to Bitcoin then exchange?

Thanks
You can now trade BTS for BTC at http://blocktrades.us
(just started offering it today)
Title: Re: Selling BTS
Post by: liondani on March 26, 2015, 11:00:02 pm: Quote from: favdesu on March 25, 2015, 12:50:18 pm
I'd go with metaexchange.info BTC > Exchange > FIAT just to support our own gateways. your way is probably faster

I go...

https://metaexchange.info/ or
https://blocktrades.us/ for BTC > https://localbitcoins.com > FIAT
Title: Re: Selling BTS
Post by: donkeypong on March 27, 2015, 12:27:58 am: I'd be going to other way with those examples, though. Lousy time to sell.
Title: Re: Selling BTS
Post by: liondani on March 27, 2015, 01:17:37 am: Quote from: donkeypong on March 27, 2015, 12:27:58 am
I'd be going to other way with those examples, though. Lousy time to sell.

+5%
Title: Re: Selling BTS
Post by: NineLives on March 31, 2015, 12:00:07 pm: Quote from: TurkeyLeg on March 26, 2015, 01:26:10 am

Quote from: NineLives on March 25, 2015, 12:22:32 pm
Hi Guys,

I want to trande in some of my BTS for fiat. Whats the best way to do this? Bter to Bitcoin then exchange?

Thanks

BITUSD FOR CHRIST'S SAKE!

Sent from my iPhone using Tapatalk

Please elaborate?
Title: Re: Selling BTS
Post by: Akado on March 31, 2015, 04:00:12 pm: Quote from: NineLives on March 31, 2015, 12:00:07 pm
Quote from: TurkeyLeg on March 26, 2015, 01:26:10 am

Quote from: NineLives on March 25, 2015, 12:22:32 pm
Hi Guys,

I want to trande in some of my BTS for fiat. Whats the best way to do this? Bter to Bitcoin then exchange?

Thanks

BITUSD FOR CHRIST'S SAKE!

Sent from my iPhone using Tapatalk

Please elaborate?

He is assuming you're trading bts for fiat so you don't loose money while the bts price goes down. Instead of trading it for fiat, you can trade it for a bitAsset, which has the same stability, plus, you help the ecosystem. Of course if you need cash it only makes sense to withdraw, but if it's just to escape this down trend, you can just trade it for bitAssets. Much more simple, faster and has the same perks